Dincotex Private Limited
About Dincotex Private Limited
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Dincotex Private Limited is a private limited company based in Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 01 November 1972 and has been in existence for over 54 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17119GJ1972PTC002171. Its GSTIN is 24AACCD0864E1Z3 (Gujarat). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹92 Lakh. It is led by directors including Ishan Parasmal Jain and Parasmal Himmatmal Jain.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 63 GIDC Industrialestate Vapi., Gujarat, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹44.4 Lakh, a decline of 82% compared to the previous year. For the same year it recorded a net loss of ₹59.99 Lakh (net margin -135.1%) and EBITDA of -₹39.35 Lakh (EBITDA margin -88.6%). Revenue has declined at a compounded annual rate (CAGR) of 48% over three years and 28% over five years.
As per MCA filings, the company has satisfied charges of ₹6.9 Cr on record. Court records list 12 cases involving the company, including 4 filed by the company and 8 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Dincotex Private Limited's registered office is in Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. 63 GIDC Industrialestate Vapi., Gujarat, India
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Dincotex Private Limited, buy the company report.
- 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
Business activity
The main business activity of Dincotex is manufacturing. In detail, this covers textile, leather and other apparel products and other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | |
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Dincotex Private Limited, buy the company report.
Financials of Dincotex Private Limited
FY 2025 filings availableDincotex Private Limited reported revenue of ₹44.4 Lakh (down 82% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 28% over five years, including a 82% fall in the latest year. EBITDA fell 525% 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 |
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| Total Expenses | |||||
| EBITDA | -₹39.35 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹59.99 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -88.6% | ||||
| Net Profit Margin | -135.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Dincotex Private Limited, buy the company report.
Board of directors of Dincotex Private Limited
Dincotex has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ishan Parasmal Jain | Director | 03 Feb 2009 | 17 Years 8 Months | Current |
| Parasmal Himmatmal Jain | Director | 20 Jul 1992 | 34 Years 3 Months | Current |
| Saroj Parasmal Jain | Director | 03 Feb 2009 | 17 Years 8 Months | Current |
Peer comparison
Dincotex Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Textiles, Watches and Jewellery Manufacturers), 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 |
|---|---|---|---|---|---|---|
| GRDN Apparels Private Limited | ₹44.49 Lakh (FY 2025) | 111224125.0% | New Delhi, Delhi, India | |||
| Dincotex Private Limitedthis company | ₹44.4 Lakh (FY 2025) | -₹59.99 Lakh | -135.1% | -82.0% | Gujarat, India | |
| Cornflower Weaves Private Limited | ₹44.39 Lakh (FY 2025) | -70.0% | Jalgaon, Maharashtra, India | |||
| Trishul Laminators Private Limited | ₹44.37 Lakh (FY 2025) | -36.0% | Punjab, India | |||
| Gupta Tex Prints Private Limited | ₹44.33 Lakh (FY 2025) | -77.0% | Surat, Gujarat, India |
To see the full peer comparison of Dincotex Private Limited, buy the company report.
Auditor
Dincotex Private Limited is audited by B J RAUT & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B J RAUT & CO | FY 2021 | 138092W |
Shareholding
The shareholding of Dincotex Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Dincotex Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Mar 2011 | 10280017 | State Bank of India | ₹3.45 Cr | Satisfied | |
| 01 Mar 2011 | 10271003 | State Bank of India | ₹3.45 Cr | Satisfied |
To see the full charge records of Dincotex Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Dincotex Private Limited has 12 court cases on record: 4 filed by Dincotex, 8 filed against it. 4 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 6 | 3 |
| District courts | 3 | 2 | 1 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Commercial suit | Filed by the company against The Official Liquidator of M/S Reema Paper and Boards Ltd (in Liqn) and 1 other | Pending |
| High Court, GUJARAT | Court case (OLR) | Filed against the company by The Official Liquidator of M/S. Reema Paper and Boards Ltd. (in Liqn.) | Pending |
| Bombay High Court | Court case (APL) | Filed by the company against an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Private Warrant case SW) | Filed against the company by an individual | Pending |
| High Court of Gujarat | Commercial suit | Filed against the company by Omkara Asset Reconstruction Pvt.Ltd. | Disposed |
To see the full case history of Dincotex Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Dincotex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Dincotex has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCD0864E1Z3 | Gujarat | Active | 01 Jul 2017 |
| 27AACCD0864E2ZW | Maharashtra | Active | 01 Jun 2018 |
To see the full GST registrations and return filing status of Dincotex Private Limited, buy the company report.
Recent activity
Dincotex Private Limited has 4 board changes on record since 1992: 3 appointments and 1 cessation. The latest: Ashok Hansraj Palan ceased to be Director on 04 Feb 2009.
1 earlier event is in the company report.
Frequently asked questions
Dincotex is an active private limited company based in Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 01 November 1972 (54+ years old) and is registered under CIN U17119GJ1972PTC002171.
Dincotex has 3 current directors:
- Ishan Parasmal Jain - Director
- Parasmal Himmatmal Jain - Director
- Saroj Parasmal Jain - Director
The latest financial statements of Dincotex on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Dincotex is 24AACCD0864E1Z3, registered in Gujarat. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 27AACCD0864E2ZW (Maharashtra).
The CIN (Corporate Identification Number) of Dincotex is U17119GJ1972PTC002171. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dincotex has 12 court cases on record: 4 filed by the company and 8 filed against it. 4 are pending. Most are in the high courts.
Dincotex was incorporated on 01 November 1972, making it 54+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Dincotex by revenue are GRDN Apparels Private Limited, Cornflower Weaves Private Limited, Trishul Laminators Private Limited, Gupta Tex Prints Private Limited, all in the Consumer Products industry (Textiles, Watches and Jewellery Manufacturers), with the same principal business activity (textile, leather and other apparel products).
Ashok Hansraj Palan ceased to be Director on 04 Feb 2009. Ishan Parasmal Jain was appointed as Director on 03 Feb 2009. Saroj Parasmal Jain was appointed as Director on 03 Feb 2009. Dincotex has 4 board changes on record in total.
The registered office of Dincotex is at Plot No. 63 GIDC Industrialestate Vapi., Gujarat, India.
Dincotex operates in the manufacturing industry, in the textile and fabric production segment.