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.

Its director Yamunadutt Amilal Agrawal and family are #1,233 among India's richest people (2026).

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

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

CIN history

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

Recognitions & Rankings of Goodcore Spintex

Contact details

Goodcore Spintex Limited's registered office is in Ahmedabad, Gujarat.

  • Registered Address
    C/Ojindalworldwideltd Oppdmart Iocpetrol Pumplaneshivranjanishyamalsatellite, Ahmedabad, Gujarat, India – 380015
  • Industry
    Manufacturing, Textile & Fabric Production
Comprehensive company report
Goodcore Spintex 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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Business activity

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 codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Goodcore Spintex Limited, buy the company report.

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)

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

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

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

To see the full financial statements and ratios of Goodcore Spintex Limited, buy 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 20206 Years 0 MonthsCurrent
Yamunadutt Amilal AgrawalDirector21 Oct 20206 Years 0 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

Peer comparison

Goodcore Spintex Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.

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
Prince Spintex Private Limited₹252.59 Cr (FY 2025)4.0%Ahmedabad, Gujarat, India
Goodcore Spintex Limitedthis company₹252.39 Cr (FY 2025)₹8.03 Cr3.2%-20.0%Ahmedabad, Gujarat, India
Shahlon Silk Industries Limited₹251.94 Cr (FY 2025)-19.0%Surat, Gujarat, India
Saivana Garments Private Limited₹251.75 Cr (FY 2025)18.0%Ahmedabad, Gujarat, India
Sparsh Fab Textiles Private Limited₹250.73 Cr (FY 2025)5.0%Mumbai, Maharashtra, India

To see the full peer comparison of Goodcore Spintex Limited, buy the company report.

Charges & borrowings

Open charges
₹114.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Indian Bank₹114.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
13 Jan 2022100525140Indian Bank₹114.5 CrOpen

Total charge records: 1 View all charges

Credit ratings & regulatory alerts

Goodcore Spintex Limited was last rated by Icra on 02 May 2022.

Rating agencyRated onRating
Icra02 May 2022

To see the full credit ratings and regulatory alerts of Goodcore Spintex Limited, buy the company report.

MSME payment delays

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

To see the full MSME payment records of Goodcore Spintex Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Goodcore Spintex has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAICG6144L1ZEGujaratActive07 Jan 2021

To see the full GST registrations and return filing status of Goodcore Spintex Limited, buy the company report.

Recent activity

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 6 years 2 days as per MCA records.

Frequently asked questions

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 has 5 current directors:

The latest financial statements of Goodcore Spintex on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 12 September 2025. Year-wise statements from FY 2021 are in the company report.

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 district courts.

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, Prince Spintex Private Limited, Shahlon Silk Industries Limited and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).

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.

Goodcore Spintex operates in the manufacturing industry, in the textile and fabric production segment.