MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-09-0003815
Kanchan Cotex Private Limited
Kanchan Cotex Private Limited - manufacturing in Shirpur, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.65 Cr
▲ 206% YoY
Net loss · FY 2024
₹11.57 Lakh
Net margin -4.4%
EBITDA · FY 2024
₹34.42 Lakh
EBITDA margin 13%
Authorised capital
₹1.55 Cr
Registered with MCA
Paid-up capital
₹1.17 Cr
Issued & subscribed
Open charges
₹33 Lakh
Satisfied ₹4.02 Cr
Company age
13 yrs
Est. 2013
Directors on board
2
As per MCA filings
About Kanchan Cotex Private Limited
Data last updated:
Kanchan Cotex Private Limited is a private limited company based in Shirpur, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 12 August 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17291MH2013PTC246825. Its GSTIN is 27AAFCK2768P1ZT (Maharashtra).
The company has an authorised share capital of ₹1.55 Cr and a paid-up capital of ₹1.17 Cr. It is led by directors Suhas Pandit Shukla and Prashant Tukaram Mahajan.
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 Group Workshed Gut No. 25 & 30/2 Dahiwad Taluka – Shirpur, Maharashtra, India – 425405.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.65 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹11.57 Lakh (net margin -4.4%) and EBITDA of ₹34.42 Lakh (EBITDA margin 13%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 20% over five years.
As per MCA filings, the company has open charges of ₹33 Lakh and satisfied charges of ₹4.02 Cr on record.
Kanchan Cotex Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-09-0003815). The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Kanchan Cotex Private Limited
CIN U17291MH2013PTC246825
Registration Number 246825
Incorporation Date 12 August 2013
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-09-0003815
Recognitions & Rankings of Kanchan Cotex
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressGroup Workshed Gut No. 25 & 30/2 Dahiwad Taluka – Shirpur, Maharashtra, India – 425405
- IndustryManufacturing, Textile & Fabric Production
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Business Activity of Kanchan Cotex Private Limited
The main business activity of Kanchan Cotex 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 |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Kanchan Cotex Private Limited FY 2025 filings available
Kanchan Cotex Private Limited reported revenue of ₹2.65 Cr (up 206% YoY) for FY 2024.
Revenue · FY 2024
₹2.65 Cr ▲ 206%
Net loss · FY 2024
₹11.57 Lakh margin -4.4%
EBITDA · FY 2024
₹34.42 Lakh margin 13%
Compounded Annual Growth Rate (CAGR) of Kanchan Cotex Private Limited
Revenue CAGR growth
1 year
▲ 206%
3 years · compounded
▲ 30%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▲ 44%
3 years · compounded
▼ 13%
5 years · compounded
▼ 9%
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 206% growth in the latest year. EBITDA rose 44% 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 Kanchan Cotex Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹34.42 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹11.57 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 Kanchan Cotex Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -4.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Kanchan Cotex are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Kanchan Cotex Private Limited
Kanchan Cotex has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suhas Pandit Shukla Also directs: Meha Tex Private Limited, Ganga Cotex Private Limites, Ruby Cotex Private Limited and 5 more | Director | 17 Aug 2018 | 8 Years 2 Months | Current |
| Prashant Tukaram Mahajan Also directs: Tapi Cotex Private Limited, Warna Textiles Private Limited, Purna Texfab Private Limited and 3 more | Director | 02 Jan 2021 | 5 Years 9 Months | Current |
Peer Comparison of Kanchan Cotex Private Limited
Kanchan Cotex Private 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 |
|---|---|---|---|---|---|---|
| Vikram Threads Private Limited | ₹2.65 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | New Delhi, Delhi, India |
| Raj Synthetics Private Limited | ₹2.65 Cr (FY 2025) | •••• | •••• | 60.0% | •••• | Surat, Gujarat, India |
| Om Yarn Plus Private Limited | ₹2.65 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Ludhiana, Punjab, India |
| Jayaraj Yarns (India) Private Limited | ₹2.65 Cr (FY 2021) | •••• | •••• | -22.0% | •••• | Namakkal, Tamil Nadu, India |
| Avishkaar Processing Mills Private Limited | ₹2.65 Cr (FY 2024) | •••• | •••• | -52.0% | •••• | Surat, Gujarat, India |
| Kanchan Cotex Private Limited this company | ₹2.65 Cr (FY 2024) | •••• | •••• | 206.0% | •••• | Shirpur, Maharashtra, India |
| Shivam Fabricaters Pvt Ltd | ₹2.65 Cr (FY 2018) | •••• | •••• | -21.0% | •••• | Surat, Gujarat, India |
| Sakku Spinning Mills Private Limited | ₹2.64 Cr (FY 2025) | •••• | •••• | -98.0% | •••• | Guntur, Andhra Pradesh, India |
| Kiah Sourcing Private Limited | ₹2.64 Cr (FY 2025) | •••• | •••• | •••• | Gurgaon, Haryana, India | |
| High Profile Garments Private Limited | ₹2.64 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | New Delhi, Delhi, India |
| Vishwanath Spinnerz India Limited | ₹2.64 Cr (FY 2024) | •••• | •••• | -63.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Kanchan Cotex 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 Kanchan Cotex Private Limited
Kanchan Cotex Private Limited is audited by S V RATHI AND CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S V RATHI AND CO | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Kanchan Cotex Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Kanchan Cotex Private Limited
Open charges
₹33 Lakh
Satisfied charges
₹4.02 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Mar 2023 | The Shirpur People Co-Op Bank Limited | ₹33 Lakh | Open |
| 25 Mar 2014 | Bank of Baroda | ₹4.02 Cr | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Kanchan Cotex Private Limited
Employment history and EPFO contributions of people linked to Kanchan Cotex.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Kanchan Cotex Private Limited
Kanchan Cotex Private Limited has 7 board changes on record since 2016: 2 appointments and 5 cessations. The latest: Prashant Tukaram Mahajan ceased to be Additional Director on 30 Nov 2021.
AGM
Kanchan Cotex Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Kanchan Cotex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with The Shirpur People Co-Op Bank Limited amounted to Rs. 0.33 Cr with Charge ID 100719803 was registered on 01 Mar 2023.
Charges
A charge registered on 25 Mar 2014 via Charge ID 10497144 with Bank Of Baroda was fully satisfied on 29 Aug 2022.
Ceased
Prashant Tukaram Mahajan ceased to be Additional Director.
Ceased
Hiral Chintan Patel ceased to be Director.
Appointed
Prashant Tukaram Mahajan was appointed as Director.
Ceased
Suhas Pandit Shukla ceased to be Additional Director.
Appointed
Suhas Pandit Shukla was appointed as Director.
Ceased
Vaishnavi Rajendra Deore ceased to be Director.
Ceased
Chintan Amrish Patel ceased to be Director.
Charges
A charge with Bank Of Baroda of Rs. 4.02 Cr registered on 25 Mar 2014 with Charge ID 10497144 was modified on 25 Nov 2014.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Kanchan Cotex Private Limited
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MSME Payment Delays by Kanchan Cotex Private Limited
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Subsidiaries & Group Companies of Kanchan Cotex Private Limited
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Corporate group structure
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GST Compliance of Kanchan Cotex Private Limited
Kanchan Cotex has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCK2768P1ZT | Maharashtra | Active | 01 Jul 2017 |
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MCA Filings & Documents of Kanchan Cotex Private Limited
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Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Kanchan Cotex Private Limited
Kanchan Cotex is an active private limited company based in Shirpur, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 12 August 2013 (13+ years old) and is registered under CIN U17291MH2013PTC246825.
Kanchan Cotex reported revenue of ₹2.65 Cr for FY 2024 (up 206% YoY).
Kanchan Cotex has 2 current directors:
- Suhas Pandit Shukla - Director
- Prashant Tukaram Mahajan - Director
Kanchan Cotex reported a net loss of ₹11.57 Lakh (net margin -4.4%) and EBITDA of ₹34.42 Lakh (EBITDA margin 13%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Kanchan Cotex is 30% over three years and 20% over five years. In the latest year (FY 2024) revenue rose 206%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Kanchan Cotex is 27AAFCK2768P1ZT, registered in Maharashtra.
The CIN (Corporate Identification Number) of Kanchan Cotex is U17291MH2013PTC246825. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kanchan Cotex was incorporated on 12 August 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Kanchan Cotex by revenue are Vikram Threads Private Limited, Raj Synthetics Private Limited, Om Yarn Plus Private Limited, Jayaraj Yarns (India) Private Limited, Avishkaar Processing Mills Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Prashant Tukaram Mahajan ceased to be Additional Director on 30 Nov 2021. Hiral Chintan Patel ceased to be Director on 02 Jan 2021. Prashant Tukaram Mahajan was appointed as Director on 02 Jan 2021. Kanchan Cotex has 7 board changes on record in total.
Yes, Kanchan Cotex is registered as a small enterprise under Udyam registration (number: UDYAM-MH-09-0003815).