MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-02-0000432
Drashti Cotspin Private Limited - manufacturing in Amreli, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2020
₹57.42 Cr
▼ 5% YoY
Net profit · FY 2020
₹1.56 Cr
Net margin 2.7%
EBITDA · FY 2020
₹3.85 Cr
EBITDA margin 6.7%
Authorised capital
₹12.25 Cr
Registered with MCA
Paid-up capital
₹12.25 Cr
Issued & subscribed
Open charges
₹34.79 Cr
Secured borrowings
Company age
15 yrs
Est. 2011
Employees · EPFO
31
Provident fund records
About Drashti Cotspin Private Limited
Data last updated:
Drashti Cotspin Private Limited is a private limited company based in Amreli, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 27 April 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17120GJ2011PTC065167. Its GSTIN is 24AADCD8748G1ZJ (Gujarat).
The company has an authorised share capital of ₹12.25 Cr and a paid-up capital of ₹12.25 Cr. It is led by directors including Jenith Jayvantbhai Finava and Brijeshbhai Nanubhai Patel.
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 S.No. 191/2 Nr. Bajrang Cotton Bhavnagar Road, Amreli, Gujarat, India – 365601.
As per the financials filed for FY 2020, the company reported a revenue of ₹57.42 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹1.56 Cr (net margin 2.7%) and EBITDA of ₹3.85 Cr (EBITDA margin 6.7%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years.
The company has about 31 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹34.79 Cr on record.
Drashti Cotspin Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-02-0000432). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website drashticotspin.com.
Company details
CIN U17120GJ2011PTC065167
Registration Number 065167
Incorporation Date 27 April 2011
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Non-Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-02-0000432
Key People
Jenith Jayvantbhai Finava Director Brijeshbhai Nanubhai Patel Director Vijaykumar Dahyabhai Finava Director Recognitions & Rankings of Drashti Cotspin
Contact details
Drashti Cotspin Private Limited's registered office is in Amreli, Gujarat. Its website is drashticotspin.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressS.No. 191/2 Nr. Bajrang Cotton Bhavnagar Road, Amreli, Gujarat, India – 365601
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Drashti Cotspin Private Limited, buy the company report.
Comprehensive company report
Drashti Cotspin 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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Financials of Drashti Cotspin Private Limited
FY 2024 filings availableDrashti Cotspin Private Limited reported revenue of ₹57.42 Cr (down 5% YoY) for FY 2020.
Revenue · FY 2020
₹57.42 Cr ▼ 5%
Net profit · FY 2020
₹1.56 Cr margin 2.7%
EBITDA · FY 2020
₹3.85 Cr margin 6.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 5%
3 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▼ 37%
3 years · compounded
▼ 16%
Revenue fell 5% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 37% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹57.42 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.85 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.56 Cr | ||||
| 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.7% | ||||
| Net Profit Margin | 2.7% | ||||
| 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 Drashti Cotspin Private Limited, buy the company report.
Board of directors of Drashti Cotspin Private Limited
Drashti Cotspin has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jenith Jayvantbhai Finava | Director | 27 Apr 2011 | 15 Years 6 Months | Current |
| Brijeshbhai Nanubhai Patel | Director | 27 Apr 2011 | 15 Years 6 Months | Current |
| Vijaykumar Dahyabhai Finava | Director | 27 Apr 2011 | 15 Years 6 Months | Current |
| Jayvantbhai Dayabhai Finava | Director | 27 Apr 2011 | 15 Years 6 Months | Current |
Auditor
Drashti Cotspin Private Limited is audited by H B KALARIA & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H B KALARIA & ASSOCIATES | FY 2020 | 104571W |
Shareholding
The shareholding of Drashti Cotspin Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Drashti Cotspin Private Limited, buy the company report.
Charges & borrowings
Open charges
₹34.79 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Mar 2015 | 10560888 | Others | ₹34.79 Cr | Open |
To see the full charge records of Drashti Cotspin Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Drashti Cotspin Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Drashti Cotspin Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Drashti Cotspin Private Limited has a workforce of 31 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
31
Active EPFO establishments
1
GST
Drashti Cotspin has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCD8748G1ZJ | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Drashti Cotspin Private Limited, buy the company report.
Recent activity
Drashti Cotspin Private Limited has 4 board changes on record since 2011: 4 appointments. The latest: Brijeshbhai Nanubhai Patel was appointed as Director on 27 Apr 2011.
AGM
Drashti Cotspin Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Drashti Cotspin Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 34.79 Cr registered on 16 Mar 2015 with Charge ID 10560888 was modified on 11 Apr 2022.
Charges
A charge with Others amounted to Rs. 34.79 Cr with Charge ID 10560888 was registered on 16 Mar 2015.
Appointed
Brijeshbhai Nanubhai Patel was appointed as Director.
Appointed
Jayvantbhai Dayabhai Finava was appointed as Director.
Appointed
Jenith Jayvantbhai Finava was appointed as Director.
Appointed
Vijaykumar Dahyabhai Finava was appointed as Director.
Incorporation
27 Apr 2011
Drashti Cotspin Private Limited was registered on 27 Apr 2011 with Roc Ahmedabad & aged 15 years 6 months as per MCA records.
Frequently asked questions
Drashti Cotspin is an active private limited company based in Amreli, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 27 April 2011 (15+ years old) and is registered under CIN U17120GJ2011PTC065167.
Drashti Cotspin has 4 current directors:
- Jenith Jayvantbhai Finava - Director
- Brijeshbhai Nanubhai Patel - Director
- Vijaykumar Dahyabhai Finava - Director
- Jayvantbhai Dayabhai Finava - Director
The latest financial statements of Drashti Cotspin on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Drashti Cotspin is 24AADCD8748G1ZJ, registered in Gujarat.
The CIN (Corporate Identification Number) of Drashti Cotspin is U17120GJ2011PTC065167. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Drashti Cotspin was incorporated on 27 April 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Brijeshbhai Nanubhai Patel was appointed as Director on 27 Apr 2011. Jayvantbhai Dayabhai Finava was appointed as Director on 27 Apr 2011. Jenith Jayvantbhai Finava was appointed as Director on 27 Apr 2011. Drashti Cotspin has 4 board changes on record in total.
Yes, Drashti Cotspin is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-02-0000432).
Drashti Cotspin can be reached through the website drashticotspin.com. Its registered office is in Amreli, Gujarat, India.
The registered office of Drashti Cotspin is at S.No. 1912 Nr. Bajrang Cotton Bhavnagar Road, Amreli, Gujarat, India – 365601.
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