MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-09-0003682
Dhruv Cotex Private Limited
Dhruv Cotex Private Limited - manufacturing in Shirpur, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹91.96 Cr
▲ 4% YoY
Net profit · FY 2025
₹16.28 Lakh
Net margin 0.2%
EBITDA · FY 2025
₹4.16 Cr
EBITDA margin 4.5%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹3.57 Cr
Issued & subscribed
Open charges
₹21.54 Cr
Satisfied ₹31.51 Cr
Company age
15 yrs
Est. 2011
Employees · EPFO
90
Provident fund records
About Dhruv Cotex Private Limited
Data last updated:
Dhruv Cotex Private Limited is a private limited company based in Shirpur, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 11 January 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17120MH2011PTC212168. Its GSTIN is 27AADCD6961F1ZK (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.57 Cr. It is led by directors Janak Patel and Alka Hemanshu Desai.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Gat No. 30/1 & 30/2 Dahiwad Shivar, Shirpur, Maharashtra, India – 425405.
As per the financials filed for FY 2025, the company reported a revenue of ₹91.96 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹16.28 Lakh (net margin 0.2%) and EBITDA of ₹4.16 Cr (EBITDA margin 4.5%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 2% over five years.
The company has about 90 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Dhruvcotex. As per MCA filings, the company has open charges of ₹21.54 Cr and satisfied charges of ₹31.51 Cr on record.
Dhruv Cotex Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-09-0003682). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17120MH2011PTC212168
Registration Number 212168
Incorporation Date 11 January 2011
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-09-0003682
Key People
Janak Patel Director Alka Hemanshu Desai Director Recognitions & Rankings of Dhruv Cotex
Contact details
Dhruv Cotex Private Limited's registered office is in Shirpur, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressGat No. 30/1 & 30/2 Dahiwad Shivar, Shirpur, Maharashtra, India – 425405
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Dhruv Cotex Private Limited, buy the company report.
Comprehensive company report
Dhruv Cotex Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Brands
Dhruv Cotex operates one associated brand: Dhruvcotex. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| dhruvcotex.in |
Business activity
The main business activity of Dhruv Cotex is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Dhruv Cotex Private Limited, buy the company report.
Financials of Dhruv Cotex Private Limited
FY 2024 filings availableDhruv Cotex Private Limited reported revenue of ₹91.96 Cr (up 4% YoY) for FY 2025.
Revenue · FY 2025
₹91.96 Cr ▲ 4%
Net profit · FY 2025
₹16.28 Lakh margin 0.2%
EBITDA · FY 2025
₹4.16 Cr margin 4.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 4%
3 years · compounded
▼ 3%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▼ 21%
3 years · compounded
▼ 2%
5 years · compounded
▼ 6%
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 4% growth in the latest year. EBITDA fell 21% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.16 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹16.28 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.5% | ||||
| Net Profit Margin | 0.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Dhruv Cotex Private Limited, buy the company report.
Board of directors of Dhruv Cotex Private Limited
Dhruv Cotex has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Janak Patel Also directs: Prath Aadheesh Infrastructure LLP, Autoriders International Limited, Padmavati Synthetics Private Limited and 5 more | Director | 09 Mar 2020 | 6 Years 8 Months | Current |
| Alka Hemanshu Desai Also directs: Nrit Textiles Private Limited, Shirpur Synthetics Private Limited, Tarini Garments Private Limited and 5 more | Director | 11 Jan 2011 | 15 Years 10 Months | Current |
Peer comparison
Dhruv Cotex Private Limited is compared with the 8 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Khushi Cotspin Private Limited | ₹92.29 Cr (FY 2024) | 79.0% | Akot, Maharashtra, India | |||
| JPL Industries Limited | ₹92.15 Cr (FY 2025) | -23.0% | Bhilwara, Rajasthan, India | |||
| Dora Industries Private Limited | ₹92.15 Cr (FY 2025) | 176.0% | Jalalpore, Gujarat, India | |||
| Shaswat Textiles Private Limited | ₹92.13 Cr (FY 2025) | 30.0% | Ahmedabad, Gujarat, India | |||
| Bindal Silk Mills Private Limited | ₹92.09 Cr (FY 2025) | 2.0% | Surat, Gujarat, India | |||
| Dhruv Cotex Private Limitedthis company | ₹91.96 Cr (FY 2025) | ₹16.28 Lakh | 0.2% | 4.0% | 90 | Shirpur, Maharashtra, India |
| Gagan Silk Mills Pvt Ltd | ₹91.91 Cr (FY 2025) | 11.0% | Surat, Gujarat, India | |||
| Texcore Textile Private Limited | ₹91.87 Cr (FY 2025) | 16.0% | Karnal, Haryana, India | |||
| M.R.C Mills Private Limited | ₹91.77 Cr (FY 2025) | 53.0% | Erode, Tamil Nadu, India |
To see the full peer comparison of Dhruv Cotex Private Limited, buy the company report.
Auditor
Dhruv Cotex Private Limited is audited by S.V.RATHI & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.V.RATHI & CO. | FY 2022 | 141699W |
Shareholding
The shareholding of Dhruv Cotex Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Dhruv Cotex Private Limited, buy the company report.
Charges & borrowings
Open charges
₹21.54 Cr
Satisfied charges
₹31.51 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2021 | 100447416 | Others | ₹3.97 Cr | Open | |
| 21 Dec 2012 | 10396713 | Dena Bank | ₹17.57 Cr | Open | |
| 04 Mar 2014 | 10483355 | Dena Bank | ₹2.41 Cr | Satisfied | |
| 04 Mar 2014 | 10483359 | Dena Bank | ₹2.41 Cr | Satisfied | |
| 04 Mar 2014 | 10483364 | Dena Bank | ₹4.31 Cr | Satisfied |
To see the full charge records of Dhruv Cotex Private Limited, buy the company report.
Total charge records: 15 View all charges
Legal cases
No court or tribunal cases involving Dhruv Cotex Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Dhruv Cotex Private Limited was last rated by Care on 17 Jul 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 17 Jul 2026 |
To see the full credit ratings and regulatory alerts of Dhruv Cotex Private Limited, buy the company report.
MSME payment delays
Dhruv Cotex Private Limited has 12 MSME Form 1 returns on record between 2015 and 2023, listing 266 overdue payments to 41 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 41)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Full Circle Textiles LLP | |||
| Spinkottex Private Limited | |||
| Sandesh Yarn Trading Compnay Private Limited | |||
| M A Textiles Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Dhruv Cotex Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Dhruv Cotex Private Limited has a workforce of 90 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
90
Active EPFO establishments
1
Employee growth
-9.1%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 90 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Dhruv Cotex Private Limited, buy the company report.
GST
Dhruv Cotex has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCD6961F1ZK | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Dhruv Cotex Private Limited, buy the company report.
Recent activity
Dhruv Cotex Private Limited has 5 board changes on record since 2011: 2 appointments and 3 cessations. The latest: Janak Patel ceased to be Additional Director on 31 Dec 2020.
AGM
Dhruv Cotex Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge registered on 04 Mar 2014 via Charge ID 10483355 with Dena Bank was fully satisfied on 23 Apr 2024.
Charges
A charge registered on 04 Mar 2014 via Charge ID 10483359 with Dena Bank was fully satisfied on 23 Apr 2024.
Charges
A charge registered on 04 Mar 2014 via Charge ID 10483364 with Dena Bank was fully satisfied on 23 Apr 2024.
Charges
A charge registered on 04 Mar 2014 via Charge ID 10483385 with Dena Bank was fully satisfied on 23 Apr 2024.
Charges
A charge registered on 04 Mar 2014 via Charge ID 10483389 with Dena Bank was fully satisfied on 23 Apr 2024.
Charges
A charge registered on 04 Mar 2014 via Charge ID 10483394 with Dena Bank was fully satisfied on 23 Apr 2024.
Charges
A charge registered on 04 Mar 2014 via Charge ID 10483399 with Dena Bank was fully satisfied on 23 Apr 2024.
Charges
A charge registered on 04 Mar 2014 via Charge ID 10483424 with Dena Bank was fully satisfied on 23 Apr 2024.
Charges
A charge registered on 04 Mar 2014 via Charge ID 10483429 with Dena Bank was fully satisfied on 23 Apr 2024.
Charges
A charge registered on 04 Mar 2014 via Charge ID 10483433 with Dena Bank was fully satisfied on 23 Apr 2024.
Charges
A charge registered on 04 Mar 2014 via Charge ID 10483434 with Dena Bank was fully satisfied on 23 Apr 2024.
26 earlier events are in the company report.
Frequently asked questions
Dhruv Cotex is an active private limited company based in Shirpur, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 11 January 2011 (15+ years old) and is registered under CIN U17120MH2011PTC212168.
Dhruv Cotex has 2 current directors:
- Janak Patel - Director
- Alka Hemanshu Desai - Director
The latest financial statements of Dhruv Cotex on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Dhruv Cotex is 27AADCD6961F1ZK, registered in Maharashtra.
The CIN (Corporate Identification Number) of Dhruv Cotex is U17120MH2011PTC212168. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dhruv Cotex was incorporated on 11 January 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Dhruv Cotex by revenue are Khushi Cotspin Private Limited, JPL Industries Limited, Dora Industries Private Limited, Shaswat Textiles Private Limited, Bindal Silk Mills Private Limited and 3 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Janak Patel ceased to be Additional Director on 31 Dec 2020. Janak Patel was appointed as Director on 09 Mar 2020. Resha Patel ceased to be Director on 09 Mar 2020. Dhruv Cotex has 5 board changes on record in total.
Yes, Dhruv Cotex is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-09-0003682).
Dhruv Cotex has 12 MSME Form 1 returns on record between 2015 and 2023, listing 266 overdue payments to 41 micro and small suppliers. The latest return was filed on 29 Aug 2023.
The registered office of Dhruv Cotex is at Gat No. 301 & 302 Dahiwad Shivar, Shirpur, Maharashtra, India – 425405.
Dhruv Cotex operates in the manufacturing industry, in the textile and fabric production segment.
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