About Ganga Cotex Private Limites
Data last updated:
Ganga Cotex Private Limites is a private limited company based in Dhule, Maharashtra, India. It operates in the leather segment of the apparel and fashion sector. It was incorporated on 29 March 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17120MH2007PTC169383. Its GSTIN is 27AACCG9936E1ZF (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ravindra Shantaram Khute and Suhas Pandit Shukla.
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 Gat No.239/2 Tande Tal – Shirpur Dist – Dhule, Maharashtra, India – 425405.
As per the financials filed for FY 2025, the company reported a revenue of ₹29.8 Lakh, a decline of 16% compared to the previous year. For the same year it recorded a net loss of ₹7.05 Lakh (net margin -23.7%) and EBITDA of -₹3.58 Lakh (EBITDA margin -12%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years.
As per MCA filings, the company has open charges of ₹1 Cr and satisfied charges of ₹96 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website deesancotex.in.
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- Website
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- Registered AddressGat No.239/2 Tande Tal – Shirpur Dist – Dhule, Maharashtra, India – 425405
- IndustryAppreal & Fashion, Leather, Textile, Apparel
- 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
Business Activity of Ganga Cotex Private Limites
The main business activity of Ganga Cotex Private Limites is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ganga Cotex Private Limites FY 2025 filings available
Ganga Cotex Private Limites reported revenue of ₹29.8 Lakh (down 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ganga Cotex Private Limites
Revenue fell 16% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 510% 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 of Ganga Cotex Private Limites
| 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 | -₹3.58 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹7.05 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 Ganga Cotex Private Limites
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -12% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -23.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Ganga Cotex Private Limites 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.
Board of Directors of Ganga Cotex Private Limites
Ganga Cotex Private Limites has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravindra Shantaram Khute Also directs: Padmavati Garments Private Limited, Krish Knitting Private Limited, Emerald Cotex Private Limited and 4 more | Director | 17 Aug 2018 | 8 Years 2 Months | Current |
| Suhas Pandit Shukla Also directs: Meha Tex Private Limited, Ruby Cotex Private Limited, Lupine Textiles Private Limited and 5 more | Director | 17 Aug 2018 | 8 Years 2 Months | Current |
Peer Comparison of Ganga Cotex Private Limites
Ganga Cotex Private Limites is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hiluxe Textiles Private Limited | ₹29.96 Lakh (FY 2025) | •••• | •••• | -45.0% | •••• | Kolkata, West Bengal, India |
| Vilakshan Cotfab Private Limited | ₹29.92 Lakh (FY 2024) | •••• | •••• | -85.0% | •••• | Dhule, Maharashtra, India |
| Mahabir Textiles Mills Pvt Ltd | ₹29.91 Lakh (FY 2024) | •••• | •••• | 27.0% | •••• | Kolkata, West Bengal, India |
| Rash Print & Solutions Private Limited | ₹29.85 Lakh (FY 2025) | •••• | •••• | -8.0% | •••• | Kolkata, West Bengal, India |
| Shopran Synthetics India Private Limited | ₹29.85 Lakh (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Ganga Cotex Private Limites this company | ₹29.8 Lakh (FY 2025) | •••• | •••• | -16.0% | •••• | Dhule, Maharashtra, India |
| Four Pillars Textiles Private Limited | ₹29.79 Lakh (FY 2024) | •••• | •••• | -6.0% | •••• | Coimbatore, Tamil Nadu, India |
| La Rama Creations Private Limited | ₹29.76 Lakh (FY 2025) | •••• | •••• | -49.0% | •••• | Bhilwara, Rajasthan, India |
| Shara Sai Agro Private Limited | ₹29.74 Lakh (FY 2024) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Lotus Processors Private Limited | ₹29.74 Lakh (FY 2018) | •••• | •••• | -55.0% | •••• | Barnala, Punjab, India |
| Madhusudan Texpro Private Limited | ₹29.73 Lakh (FY 2025) | •••• | •••• | 793.0% | •••• | Navapur, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Ganga Cotex Private Limites by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ganga Cotex Private Limites
Ganga Cotex Private Limites is audited by VIJAYKUMARMISHRILALRATHI for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VIJAYKUMARMISHRILALRATHI | 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.
Ownership and Shareholding of Ganga Cotex Private Limites
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 Ganga Cotex Private Limites
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Jun 2019 | The Shirpur People Co-Op Bank Limited | ₹1 Cr | Open |
| 11 Jan 2008 | Axis Bank Ltd. | ₹96 Lakh | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Ganga Cotex Private Limites
Employment history and EPFO contributions of people linked to Ganga Cotex Private Limites.
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.
Recent Activity on Ganga Cotex Private Limites
Ganga Cotex Private Limites has 9 board changes on record since 2012: 2 appointments and 7 cessations. The latest: Ravindra Shantaram Khute ceased to be Additional Director on 27 Sep 2018.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ganga Cotex Private Limites
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 Ganga Cotex Private Limites
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 Ganga Cotex Private Limites
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 Ganga Cotex Private Limites
Ganga Cotex Private Limites has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCG9936E1ZF | Maharashtra | Active | 01 Jul 2017 |
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 Ganga Cotex Private Limites
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 Ganga Cotex Private Limites
Ganga Cotex Private Limites is an active private limited company based in Dhule, Maharashtra, India. The company works in leather, within the apparel and fashion industry. It was incorporated on 29 March 2007 (19+ years old) and is registered under CIN U17120MH2007PTC169383.
Ganga Cotex Private Limites reported revenue of ₹29.8 Lakh for FY 2025 (down 16% YoY).
Ganga Cotex Private Limites has 2 current directors:
- Ravindra Shantaram Khute - Director
- Suhas Pandit Shukla - Director
Ganga Cotex Private Limites reported a net loss of ₹7.05 Lakh (net margin -23.7%) and EBITDA of -₹3.58 Lakh (EBITDA margin -12%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ganga Cotex Private Limites is 8% over three years. In the latest year (FY 2025) revenue fell 16%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ganga Cotex Private Limites is 27AACCG9936E1ZF, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ganga Cotex Private Limites is U17120MH2007PTC169383. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ganga Cotex Private Limites was incorporated on 29 March 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ganga Cotex Private Limites by revenue are Hiluxe Textiles Private Limited, Vilakshan Cotfab Private Limited, Mahabir Textiles Mills Pvt Ltd, Rash Print & Solutions Private Limited, Shopran Synthetics India Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Ravindra Shantaram Khute ceased to be Additional Director on 27 Sep 2018. Suhas Pandit Shukla ceased to be Additional Director on 27 Sep 2018. Hemantben Rasiklal Patel ceased to be Director on 18 Aug 2018. Ganga Cotex Private Limites has 9 board changes on record in total.
Ganga Cotex Private Limites can be reached through the website deesancotex.in. Its registered office is in Dhule, Maharashtra, India.