Hi Tech Cottex Private Limited

Hi Tech Cottex Private Limited - manufacturing in Ichalkaranji, Maharashtra, India. FY 2026 financials & compliance.
CIN U17309PN2017PTC170815 Incorporated 05 June 2017 ROC Pune HQ Ichalkaranji, Maharashtra, India
Active Private Limited Company manufacturing MSME · Small
Revenue · FY 2025
₹1.89 Cr
▼ 75% YoY
Net loss · FY 2025
₹44.33 Lakh
Net margin -23.4%
EBITDA · FY 2025
-₹33,947
EBITDA margin -0.2%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.5 Cr
Issued & subscribed
Open charges
₹5.3 Cr
Satisfied ₹5.3 Cr
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings

About Hi Tech Cottex Private Limited

Data last updated:

Hi Tech Cottex Private Limited is a private limited company based in Ichalkaranji, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 05 June 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U17309PN2017PTC170815. Its GSTIN is 27AAECH2288J1ZA (Maharashtra).

The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors Dawud Babaso Mujawar and Javed Babaso Mujawar.

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 18/522 – 23 New Industrial Estate Near Adarsh Mangal Karyalaya Shahu Nagar, Ichalkaranji, Maharashtra, India – 416115.

As per the financials filed for FY 2025, the company reported a revenue of ₹1.89 Cr, a decline of 75% compared to the previous year. For the same year it recorded a net loss of ₹44.33 Lakh (net margin -23.4%) and EBITDA of -₹33,947 (EBITDA margin -0.2%). Revenue has declined at a compounded annual rate (CAGR) of 54% over three years and 23% over five years.

As per MCA filings, the company has open charges of ₹5.3 Cr and satisfied charges of ₹5.3 Cr on record. The company has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in September 2019.

Hi Tech Cottex Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-15-0019294). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U17309PN2017PTC170815
Registration Number 170815
Incorporation Date 05 June 2017
ROC Pune
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-15-0019294
Key People
Dawud Babaso Mujawar Director Javed Babaso Mujawar Director

Recognitions & Rankings of Hi Tech Cottex

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-15-0019294

Contact details

Hi Tech Cottex Private Limited's registered office is in Ichalkaranji, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    18/522 – 23 New Industrial Estate Near Adarsh Mangal Karyalaya Shahu Nagar, Ichalkaranji, Maharashtra, India – 416115
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Hi Tech Cottex Private Limited, buy the company report.

Comprehensive company report
Hi Tech Cottex 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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Business activity

The main business activity of Hi Tech Cottex is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Hi Tech Cottex Private Limited, buy the company report.

Financials of Hi Tech Cottex Private Limited

FY 2025 filings available

Hi Tech Cottex Private Limited reported revenue of ₹1.89 Cr (down 75% YoY) for FY 2025.

Revenue · FY 2025
₹1.89 Cr ▼ 75%
Net loss · FY 2025
₹44.33 Lakh margin -23.4%
EBITDA · FY 2025
-₹33,947 margin -0.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 75%
3 years · compounded
▼ 54%
5 years · compounded
▼ 23%
EBITDA CAGR growth
1 year
▼ 101%
3 years · compounded
▼ 26%
5 years · compounded
▼ 15%

Revenue has declined at a compounded annual rate (CAGR) of 23% over five years, including a 75% fall in the latest year. EBITDA fell 101% 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

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-₹33,947
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹44.33 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-0.2%
Net Profit Margin-23.4%
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 Hi Tech Cottex Private Limited, buy the company report.

Board of directors of Hi Tech Cottex Private Limited

Hi Tech Cottex has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Dawud Babaso Mujawar
Also directs: Kismat Textile Mills Private Limited, Kismat Export India Private Limited, Altina Dyeing and Printing Private Limited and 1 more
Director05 Jun 20179 Years 5 MonthsCurrent
Javed Babaso Mujawar
Also directs: Kismat Textile Mills Private Limited, Kismat Export India Private Limited, Altina Dyeing and Printing Private Limited
Director05 Jun 20179 Years 5 MonthsCurrent
View all directors

Auditor

Hi Tech Cottex Private Limited is audited by PODDAR JHUNJHUNWALA & ASSOCIATES for the financial year 2019.

Auditor firmFinancial yearFirm registration number
PODDAR JHUNJHUNWALA & ASSOCIATESFY 2019125221W

Shareholding

The shareholding of Hi Tech Cottex Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2019
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Hi Tech Cottex Private Limited, buy the company report.

Charges & borrowings

Open charges
₹5.3 Cr
Satisfied charges
₹5.3 Cr
Breakdown by lending institutions
Others₹5.30 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
17 Jun 2020100345486Others₹29.7 LakhSatisfied
26 Jul 2019100280070Others₹5 CrSatisfied

To see the full charge records of Hi Tech Cottex Private Limited, buy the company report.

Total charge records: 2 View all charges

Deals & funding

Hi Tech Cottex Private Limited has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in September 2019.

Total deals
3
Secondary share transfers
2
Rights issue
1

Deals on record (3 of 3)

WhenDealAmountParties
Sep 2019Rights issue₹1.49 CrInvestors: 4 individuals
Jul 2019Secondary share transferUndisclosedBuyer: 3 individuals
Seller: an individual
Mar 2018Secondary share transferUndisclosedBuyer: an individual
Seller: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Hi Tech Cottex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Hi Tech Cottex has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAECH2288J1ZAMaharashtraActive01 Jun 2018

To see the full GST registrations and return filing status of Hi Tech Cottex Private Limited, buy the company report.

Recent activity

Hi Tech Cottex Private Limited has 15 board changes on record since 2017: 6 appointments and 9 cessations. The latest: Parvin Javed Mujawar ceased to be Director on 15 Jan 2026.

Ceased
Parvin Javed Mujawar ceased to be Director.
Ceased
Sabina Sadik Mujawar ceased to be Director.
Ceased
Sadik Babaso Mujawar ceased to be Director.
Ceased
Zakera Dawud Mujawar ceased to be Director.
AGM
Hi Tech Cottex Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Hi Tech Cottex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge registered on 17 Jun 2020 via Charge ID 100345486 with Others was fully satisfied on 18 Jan 2025.
Charges
A charge registered on 26 Jul 2019 via Charge ID 100280070 with Others was fully satisfied on 18 Jan 2025.
Charges
A charge with Others of Rs. 0.30 Cr registered on 17 Jun 2020 with Charge ID 100345486 was modified on 27 Oct 2020.
Charges
A charge with Others amounted to Rs. 0.30 Cr with Charge ID 100345486 was registered on 17 Jun 2020.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100280070 was registered on 26 Jul 2019.
Ceased
Babaso Dadaso Mujawar ceased to be Director.

11 earlier events are in the company report.

Frequently asked questions

Hi Tech Cottex is an active private limited company based in Ichalkaranji, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 05 June 2017 (9+ years old) and is registered under CIN U17309PN2017PTC170815.

Hi Tech Cottex has 2 current directors:

The latest financial statements of Hi Tech Cottex on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.

The GSTIN of Hi Tech Cottex is 27AAECH2288J1ZA, registered in Maharashtra.

The CIN (Corporate Identification Number) of Hi Tech Cottex is U17309PN2017PTC170815. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Hi Tech Cottex was incorporated on 05 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Pune.

Hi Tech Cottex has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in September 2019.

Parvin Javed Mujawar ceased to be Director on 15 Jan 2026. Sabina Sadik Mujawar ceased to be Director on 15 Jan 2026. Sadik Babaso Mujawar ceased to be Director on 15 Jan 2026. Hi Tech Cottex has 15 board changes on record in total.

Yes, Hi Tech Cottex is registered as a small enterprise under Udyam registration (number: UDYAM-MH-15-0019294).

The registered office of Hi Tech Cottex is at 18522 – 23 New Industrial Estate Near Adarsh Mangal Karyalaya Shahu Nagar, Ichalkaranji, Maharashtra, India – 416115.