
Goodcore Spintex Limited
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.
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- Registered AddressC/Ojindalworldwideltd Oppdmart Iocpetrol Pumplaneshivranjanishyamalsatellite, Ahmedabad, Gujarat, India – 380015
- 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
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 Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
| G | Trade | G1 | Wholesale Trading | 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 Goodcore Spintex Limited FY 2025 filings available
Goodcore Spintex Limited reported revenue of ₹252.39 Cr (down 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Goodcore Spintex Limited
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
| 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 | ₹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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.2% | •••• | •••• | •••• | •••• |
| 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.
Financial statements from FY 2021
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.
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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Yamunadutt Agarwal | Director | 21 Oct 2020 | 5 Years 11 Months | Current |
| Yamunadutt Amilal Agrawal Also directs: Jindal Worldwide Limited, Institches Creations Private Limited, Jindal Shirtings Private Limited and 5 more | Director | 21 Oct 2020 | 5 Years 11 Months | Current |
| Moti Punamchand Dabhi Also directs: Velox Shipping and Logistics Limited | Director | 11 Dec 2025 | 0 Years 10 Months | Current |
| Tanvi Bharatbhai Solanki | Director | 31 Jan 2026 | 0 Years 8 Months | Current |
| Dharmil Balashankar Raval | Director | 31 Jan 2026 | 0 Years 8 Months | Current |
Charges & Borrowings of Goodcore Spintex Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Jan 2022 | Indian Bank | ₹114.5 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Goodcore Spintex Limited
Goodcore Spintex Limited has 3 court cases on record: 2 filed by Goodcore Spintex, 1 filed against it. 2 cases are pending and 1 is disposed. Status as checked between 21 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| Supreme Court | 1 | 0 | 1 |
| High courts | 1 | 1 | 0 |
| District courts | 1 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kheda at Nadiad, Gujarat | Court case (SPCS) | Filed by the company against Ganesha Ecosphere Limited | Pending |
| Supreme Court | Court case | Filed by the company against Ganesha Ecosphere Limited | Pending |
| Allahabad High Court | Court case (ARCO) | Filed against the company by Ganesha Ecosphere Limited | Disposed |
Full case history
All 3 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.
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)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
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.
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.
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.
| CIN | Status |
|---|---|
| U17299GJ2020PLC117552 | Current |
| U17299GJ2020PTC117552 | Previous |
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.
Credit Ratings, Litigation & Regulatory Alerts for Goodcore Spintex 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.
Subsidiaries & Group Companies of Goodcore Spintex 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 Goodcore Spintex Limited
Goodcore Spintex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICG6144L1ZE | Gujarat | Active | 07 Jan 2021 |
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 Goodcore Spintex 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 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:
- Amit Yamunadutt Agarwal - Director
- Yamunadutt Amilal Agrawal - Director
- Moti Punamchand Dabhi - Director
- Tanvi Bharatbhai Solanki - Director
- Dharmil Balashankar Raval - Director
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.