About Dhruv Cotton Processing Private Limited
Data last updated:
Dhruv Cotton Processing Private Limited is a private limited company based in Jasdan, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 20 April 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17121GJ2007PTC050608. Its GSTIN is 24AACCD5927C1Z1 (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.49 Cr. It is led by directors including Bharat Khodabhai Boghara (Managing Director) and Natwarlal Ratilal Navadiya (Managing Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Survey No. 320 Jasdan – Atkot Road Vill : Atkot Tal . Jasdan Dist. Rajkot, Gujarat, India – 360001.
As per the financials filed for FY 2023, the company reported a revenue of ₹283.76 Cr, a decline of 40% compared to the previous year. For the same year it recorded a net loss of ₹90.96 Lakh (net margin -0.3%) and EBITDA of ₹16.63 Cr (EBITDA margin 5.9%).
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹97.08 Cr and satisfied charges of ₹9.5 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it. The company has 13 deals on record (8 secondary share transfers, 3 funding rounds, 2 rights issues), with disclosed funding of ₹22.74 Cr; the latest was in March 2021.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dhruvspin.com.
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- Website
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- Registered AddressSurvey No. 320 Jasdan – Atkot Road Vill : Atkot Tal . Jasdan Dist. Rajkot, Gujarat, India – 360001
- IndustryManufacturing, Textile & Fabric Production
- 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
- One PDF report, delivered after checkout
Financials of Dhruv Cotton Processing Private Limited FY 2024 filings available
Dhruv Cotton Processing Private Limited reported revenue of ₹283.76 Cr (down 40% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Dhruv Cotton Processing Private Limited
Revenue fell 40% in the latest year. EBITDA fell 42% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Dhruv Cotton Processing Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹16.63 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹90.96 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 of Dhruv Cotton Processing Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Dhruv Cotton Processing are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Dhruv Cotton Processing Private Limited
Dhruv Cotton Processing Private Limited is audited by PARIKH SHAH CHOTALIA AND ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PARIKH SHAH CHOTALIA AND ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Dhruv Cotton Processing Private Limited
Dhruv Cotton Processing has 9 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Girish Vallabhdas Bhansali | Whole-Time Director | 09 Jul 2018 | 8 Years 2 Months | Current |
| Bharat Khodabhai Boghara Also directs: Tribhuvan Spintex Private Limited, M. M. Yarns Private Limited, Anb Fiber and Fashion Private Limited and 3 more | Managing Director | 20 Apr 2007 | 19 Years 5 Months | Current |
| Mukeshbhai Nagjibhai Patel | Whole-Time Director | 22 Aug 2015 | 11 Years 1 Months | Current |
| Parulbhai Laxmanbhai Patel Also directs: Tribhuvan Spintex Private Limited, Lakshya Inorganics LLP, Reynish Pharmachem Private Limited and 1 more | Whole-Time Director | 20 Apr 2007 | 19 Years 5 Months | Current |
| Natwarlal Ratilal Navadiya Also directs: Tribhuvan Spintex Private Limited, M. M. Yarns Private Limited | Managing Director | 20 Apr 2007 | 19 Years 5 Months | Current |
| Brijeshkumar Ratilal Patel Also directs: Tribhuvan Spintex Private Limited, M. M. Yarns Private Limited, Raghav Cotspin Private Limited and 2 more | Managing Director | 20 Aug 2016 | 10 Years 1 Months | Current |
Ownership and Shareholding of Dhruv Cotton Processing Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Dhruv Cotton Processing Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Sep 2013 | State Bank of India | ₹48.54 Cr | Open |
| 08 Oct 2008 | State Bank of India | ₹48.54 Cr | Open |
| 09 Oct 2007 | Bank of India | ₹9.5 Cr | Satisfied |
Total charge records: 3 View all charges
Deals & Funding of Dhruv Cotton Processing Private Limited
Dhruv Cotton Processing Private Limited has 13 deals on record (8 secondary share transfers, 3 funding rounds, 2 rights issues), with disclosed funding of ₹22.74 Cr; the latest was in March 2021.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Oct 2016 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Jun 2016 | Rights issue | ₹3.25 Cr | Investors: 4 individuals |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Aakansha Tie-Up Private Limited , Preview Infrastructure Private Limited , Rocket Infrastucture Private Limited |
| Mar 2008 | Funding round | ₹4.6 Cr | Investors: Asm Tie-Up Private Limited , Preview Infrastructure Private Limited , Magnet Foundry Suppliers Private Limited |
Full deal history
All 13 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Dhruv Cotton Processing Private Limited
Dhruv Cotton Processing Private Limited has 2 court cases on record: 1 filed by Dhruv Cotton Processing, 1 filed against it. All cases are disposed. Status as checked between 21 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Arbitration matter | Filed by the company against an individual | Disposed |
| District court, RAJKOT, Gujarat | Court case (WC-FATAL-LC) | Filed against the company by an individual | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Dhruv Cotton Processing Private Limited
Dhruv Cotton Processing Private Limited has a workforce of 2 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Dhruv Cotton Processing Private Limited
Dhruv Cotton Processing has 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Recent Activity on Dhruv Cotton Processing Private Limited
Dhruv Cotton Processing Private Limited has 21 board changes on record since 2007: 9 appointments and 12 cessations. The latest: Bhupatbhai Bhayani ceased to be Director on 11 Sep 2019.
19 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Dhruv Cotton Processing Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Dhruv Cotton Processing Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Dhruv Cotton Processing Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Dhruv Cotton Processing Private Limited
Dhruv Cotton Processing has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCD5927C1Z1 | Gujarat | Active | 01 Jul 2017 |
| 24AACCD5927C2Z0 | Gujarat | Active | 01 Aug 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Dhruv Cotton Processing Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Dhruv Cotton Processing Private Limited
Dhruv Cotton Processing is an active private limited company based in Jasdan, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 20 April 2007 (19+ years old) and is registered under CIN U17121GJ2007PTC050608.
Dhruv Cotton Processing reported revenue of ₹283.76 Cr for FY 2023 (down 40% YoY).
Dhruv Cotton Processing has 9 current directors:
- Bharat Khodabhai Boghara - Managing Director
- Natwarlal Ratilal Navadiya - Managing Director
- Brijeshkumar Ratilal Patel - Managing Director
- Tarakbhai Laxmanbhai Patel - Managing Director
- Girish Vallabhdas Bhansali - Whole-Time Director
- Mukeshbhai Nagjibhai Patel - Whole-Time Director
- Parulbhai Laxmanbhai Patel - Whole-Time Director
- Rajesh Odhavjibhai Boghara - Whole-Time Director
- Bhupatbhai Bhayani - Whole-Time Director
Dhruv Cotton Processing reported a net loss of ₹90.96 Lakh (net margin -0.3%) and EBITDA of ₹16.63 Cr (EBITDA margin 5.9%) for FY 2023, as per its filed financial statements.
The GSTIN of Dhruv Cotton Processing is 24AACCD5927C1Z1, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AACCD5927C2Z0 (Gujarat).
The CIN (Corporate Identification Number) of Dhruv Cotton Processing is U17121GJ2007PTC050608. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dhruv Cotton Processing has 2 court cases on record: 1 filed by the company and 1 filed against it. Most are in the high courts.
Dhruv Cotton Processing was incorporated on 20 April 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Dhruv Cotton Processing has 13 deals on record (8 secondary share transfers, 3 funding rounds, 2 rights issues), with disclosed funding of ₹22.74 Cr; the latest was in March 2021.
Bhupatbhai Bhayani ceased to be Director on 11 Sep 2019. Bhupatbhai Bhayani was appointed as Whole-Time Director on 24 Jul 2019. Girish Vallabhdas Bhansali ceased to be Director on 24 Sep 2018. Dhruv Cotton Processing has 21 board changes on record in total.