Goodcore Spintex Limited - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U17299GJ2020PLC117552 Incorporated 21 October 2020 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Public Limited Company manufacturing
Data last updated
Revenue · FY 2025
₹252.39 Cr
▼ 20% YoY
Net profit · FY 2025
₹8.03 Cr
Net margin 3.2%
EBITDA · FY 2025
₹34.38 Cr
EBITDA margin 13.6%
Authorised capital
₹32 Cr
Registered with MCA
Paid-up capital
₹20 Cr
Issued & subscribed
Open charges
₹114.5 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
18
Provident fund records

About Goodcore Spintex Limited

Data last updated:

Goodcore Spintex Limited is a public limited company based in Ahmedabad, Gujarat, India, a subsidiary of Jindal Worldwide Limited. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 21 October 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17299GJ2020PLC117552. Its GSTIN is 24AAICG6144L1ZE (Gujarat).

The company has an authorised share capital of ₹32 Cr and a paid-up capital of ₹20 Cr. It was formerly known as Goodcore Spintex Private Limited. It is led by directors including Amit Yamunadutt Agarwal and Yamunadutt Amilal Agrawal.

Its last annual general meeting (AGM) was held on 12 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C/Ojindalworldwideltd Oppdmart Iocpetrol Pumplaneshivranjanishyamalsatellite, Ahmedabad, Gujarat, India – 380015.

As per the financials filed for FY 2025, the company reported a revenue of ₹252.39 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹8.03 Cr (net margin 3.2%) and EBITDA of ₹34.38 Cr (EBITDA margin 13.6%).

The company has about 18 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹114.5 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 2 cases are pending.

Company Details of Goodcore Spintex Limited
CIN U17299GJ2020PLC117552
Registration Number 117552
Incorporation Date 21 October 2020
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 12 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Jindal Worldwide Limited
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    C/Ojindalworldwideltd Oppdmart Iocpetrol Pumplaneshivranjanishyamalsatellite, Ahmedabad, Gujarat, India – 380015
  • Industry
    Manufacturing, Textile & Fabric Production
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Financials, compliance, directors, charges, ownership and filings for Goodcore Spintex Limited in one report.

Financials from FY 2021 Directors & ownership Charges & compliance

Business Activity of Goodcore Spintex Limited

The main business activities of Goodcore Spintex are manufacturing and trade. In detail, this covers textile, leather and other apparel products and wholesale trading. 2 activity segments are registered with the MCA.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC2Textile, leather and other apparel productsLocked
GTradeG1Wholesale TradingLocked
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Financials of Goodcore Spintex Limited FY 2025 filings available

Goodcore Spintex Limited reported revenue of ₹252.39 Cr (down 20% YoY) for FY 2025.

Revenue · FY 2025
₹252.39 Cr ▼ 20%
Net profit · FY 2025
₹8.03 Cr margin 3.2%
EBITDA · FY 2025
₹34.38 Cr margin 13.6%

Compounded Annual Growth Rate (CAGR) of Goodcore Spintex Limited

Revenue CAGR growth
1 year
▼ 20%
EBITDA CAGR growth
1 year
▲ 5%

Revenue fell 20% in the latest year. EBITDA rose 5% in the latest year. All are worked out from the filed statements.

Financial Statement Summary of Goodcore Spintex Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹34.38 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹8.03 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 of Goodcore Spintex Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin13.6%••••••••••••••••
Net Profit Margin3.2%••••••••••••••••
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••••••••••••••••••••

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 Goodcore Spintex are in the company report.

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Financial statements from FY 2021

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Peer Comparison of Goodcore Spintex Limited

Goodcore Spintex Limited 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Encot Fabrics Private Limited₹254.65 Cr (FY 2025)••••••••22.0%••••Mumbai, Maharashtra, India
Gainup Technotek Limited₹254.32 Cr (FY 2025)••••••••86.0%••••Athur, Tamil Nadu, India
Mira Exim Ltd₹254.06 Cr (FY 2025)••••••••122.0%••••New Delhi, Delhi, India
Paridhi Apparels Private Limited₹254.05 Cr (FY 2025)••••••••89.0%••••Mumbai, Maharashtra, India
Prince Spintex Private Limited₹252.59 Cr (FY 2025)••••••••4.0%••••Ahmedabad, Gujarat, India
Goodcore Spintex Limited this company₹252.39 Cr (FY 2025)••••••••-20.0%••••Ahmedabad, Gujarat, India
Shahlon Silk Industries Limited Listed₹251.94 Cr (FY 2025)••••••••-19.0%••••Surat, Gujarat, India
Shiv Tex Creation Private Limited₹251.82 Cr (FY 2025)••••••••42.0%••••Surat, Gujarat, India
Saivana Garments Private Limited₹251.75 Cr (FY 2025)••••••••18.0%••••Ahmedabad, Gujarat, India
Shivali Fashion Private Limited₹251.63 Cr (FY 2024)••••••••-17.0%••••Ahmedabad, Gujarat, India
Sparsh Fab Textiles Private Limited₹250.73 Cr (FY 2025)••••••••5.0%••••Mumbai, Maharashtra, India

Peers are the five companies nearest above and the five nearest below Goodcore Spintex 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.

Board of Directors of Goodcore Spintex Limited

Goodcore Spintex has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Amit Yamunadutt AgarwalDirector21 Oct 20205 Years 11 MonthsCurrent
Yamunadutt Amilal AgrawalDirector21 Oct 20205 Years 11 MonthsCurrent
Moti Punamchand DabhiDirector11 Dec 20250 Years 10 MonthsCurrent
Tanvi Bharatbhai SolankiDirector31 Jan 20260 Years 8 MonthsCurrent
Dharmil Balashankar RavalDirector31 Jan 20260 Years 8 MonthsCurrent

Charges & Borrowings of Goodcore Spintex Limited

Open charges
₹114.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Indian Bank₹114.50 Cr
Latest charge details
DateLenderAmountStatus
13 Jan 2022Indian Bank₹114.5 CrOpen

Total charge records: 1 View all charges

MSME Payment Delays by Goodcore Spintex Limited

Goodcore Spintex Limited has 1 MSME Form 1 return on record for the period ending Sep 2023, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)

SupplierAmount dueDue sinceReported on
an individual supplier••••••••••••
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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.

Employees and EPFO Compliance at Goodcore Spintex Limited

Employment history and EPFO contributions of people linked to Goodcore Spintex.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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CIN History of Goodcore Spintex Limited

Goodcore Spintex has one previous CIN (Corporate Identification Number): U17299GJ2020PTC117552. The current CIN is U17299GJ2020PLC117552, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U17299GJ2020PLC117552Current
U17299GJ2020PTC117552Previous

Recent Activity on Goodcore Spintex Limited

Goodcore Spintex Limited has 7 board changes on record since 2020: 7 appointments. The latest: Dharmil Balashankar Raval was appointed as Director on 31 Jan 2026.

Appointed
Dharmil Balashankar Raval was appointed as Director.
Appointed
Tanvi Bharatbhai Solanki was appointed as Director.
Appointed
Moti Punamchand Dabhi was appointed as Director.
AGM
Goodcore Spintex Limited last Annual general meeting of members was held on 12 Sep 2025 as per latest MCA records.
Appointed
Ashish Thaker was appointed as Company Secretary.
Filing
Goodcore Spintex Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Rajesh Jain was appointed as Director.
Charges
A charge with Indian Bank amounted to Rs. 114.50 Cr with Charge ID 100525140 was registered on 13 Jan 2022.
Appointed
Amit Yamunadutt Agarwal was appointed as Director.
Appointed
Yamunadutt Amilal Agrawal was appointed as Director.
Incorporation
21 Oct 2020
Goodcore Spintex Limited was registered on 21 Oct 2020 with Roc Ahmedabad & aged 5 years 11 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Goodcore Spintex Limited

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Subsidiaries & Group Companies of Goodcore Spintex Limited

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GST Compliance of Goodcore Spintex Limited

Goodcore Spintex has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAICG6144L1ZEGujaratActive07 Jan 2021
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State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Goodcore Spintex Limited

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Frequently Asked Questions about Goodcore Spintex Limited

Goodcore Spintex is an active public limited company based in Ahmedabad, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 21 October 2020 (6+ years old) and is registered under CIN U17299GJ2020PLC117552.

Goodcore Spintex reported revenue of ₹252.39 Cr for FY 2025 (down 20% YoY).

Goodcore Spintex has 5 current directors:

Goodcore Spintex reported a net profit of ₹8.03 Cr (net margin 3.2%) and EBITDA of ₹34.38 Cr (EBITDA margin 13.6%) for FY 2025, as per its filed financial statements.

The GSTIN of Goodcore Spintex is 24AAICG6144L1ZE, registered in Gujarat.

The CIN (Corporate Identification Number) of Goodcore Spintex is U17299GJ2020PLC117552. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Goodcore Spintex has 3 court cases on record: 2 filed by the company and 1 filed against it. 2 are pending. Most are in the supreme court.

Goodcore Spintex was incorporated on 21 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Goodcore Spintex by revenue are Encot Fabrics Private Limited, Gainup Technotek Limited, Mira Exim Ltd, Paridhi Apparels Private Limited, Prince Spintex Private Limited and 5 more, all in the Manufacturing industry (Textiles).

Dharmil Balashankar Raval was appointed as Director on 31 Jan 2026. Tanvi Bharatbhai Solanki was appointed as Director on 31 Jan 2026. Moti Punamchand Dabhi was appointed as Director on 11 Dec 2025. Goodcore Spintex has 7 board changes on record in total.

Goodcore Spintex has 1 MSME Form 1 return on record for the period ending Sep 2023, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 03 Jan 2024.

The registered office of Goodcore Spintex is at COjindalworldwideltd Oppdmart Iocpetrol Pumplaneshivranjanishyamalsatellite, Ahmedabad, Gujarat, India – 380015.

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