MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-02-0000623
Khushi Cotspin Private Limited
Khushi Cotspin Private Limited - manufacturing in Akot, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹92.29 Cr
▲ 79% YoY
Net profit · FY 2024
₹33.89 Lakh
Net margin 0.4%
EBITDA · FY 2024
₹2.44 Cr
EBITDA margin 2.6%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹5 Cr
Issued & subscribed
Open charges
₹26.26 Cr
Satisfied ₹12.11 Cr
Company age
14 yrs
Est. 2012
Employees · EPFO
1
Provident fund records
About Khushi Cotspin Private Limited
Data last updated:
Khushi Cotspin Private Limited is a private limited company based in Akot, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 01 May 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17210MH2012PTC230493. Its GSTIN is 27AAECK7705P1ZZ (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Navinkumar Gokuldasji Chandak and Kavita Navinkumar Chandak.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at C/O Navinkumar G. Chandak Vakhariya Jin Ambika Nagar, Akot, Maharashtra, India – 444101.
As per the financials filed for FY 2024, the company reported a revenue of ₹92.29 Cr, a growth of 79% compared to the previous year. For the same year it recorded a net profit of ₹33.89 Lakh (net margin 0.4%) and EBITDA of ₹2.44 Cr (EBITDA margin 2.6%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 11% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹26.26 Cr and satisfied charges of ₹12.11 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Khushi Cotspin Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-02-0000623). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17210MH2012PTC230493
Registration Number 230493
Incorporation Date 01 May 2012
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-02-0000623
Key People
Navinkumar Gokuldasji Chandak Director Kavita Navinkumar Chandak Director Gokuldas Lunkaranji Chandak Director Recognitions & Rankings of Khushi Cotspin
Contact details
Khushi Cotspin Private Limited's registered office is in Akot, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC/O Navinkumar G. Chandak Vakhariya Jin Ambika Nagar, Akot, Maharashtra, India – 444101
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Khushi Cotspin Private Limited, buy the company report.
Comprehensive company report
Khushi Cotspin 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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Secure checkout · GST invoice included
Business activity
The main business activity of Khushi Cotspin is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Khushi Cotspin Private Limited, buy the company report.
Financials of Khushi Cotspin Private Limited
FY 2024 filings availableKhushi Cotspin Private Limited reported revenue of ₹92.29 Cr (up 79% YoY) for FY 2024.
Revenue · FY 2024
₹92.29 Cr ▲ 79%
Net profit · FY 2024
₹33.89 Lakh margin 0.4%
EBITDA · FY 2024
₹2.44 Cr margin 2.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 79%
3 years · compounded
▲ 14%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 15%
5 years · compounded
▲ 14%
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 79% growth in the latest year. EBITDA rose 21% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹2.44 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹33.89 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.6% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Khushi Cotspin Private Limited, buy the company report.
Board of directors of Khushi Cotspin Private Limited
Khushi Cotspin has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Navinkumar Gokuldasji Chandak Also directs: Integrated Textile Industries LLP | Director | 01 May 2012 | 14 Years 5 Months | Current |
| Kavita Navinkumar Chandak | Director | 01 May 2012 | 14 Years 5 Months | Current |
| Gokuldas Lunkaranji Chandak Also directs: Raunakkumar Navinkumar Farmer Producer Company Limited | Director | 01 May 2012 | 14 Years 5 Months | Current |
| Nirmala Chandak Also directs: Raunakkumar Navinkumar Farmer Producer Company Limited | Director | 01 May 2012 | 14 Years 5 Months | Current |
Peer comparison
Khushi Cotspin Private Limited is compared with the 9 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vaibhav Processing Mills Private Limited | ₹92.77 Cr (FY 2025) | 41.0% | Erode, Tamil Nadu, India | |||
| Pallava Fine Fab Private Limited | ₹92.72 Cr (FY 2025) | 11444.0% | Erode, Tamil Nadu, India | |||
| Fabstract Clothing India Private Limited | ₹92.56 Cr (FY 2025) | 35.0% | New Delhi, Delhi, India | |||
| Suvasa Apparel and Furnishing Private Limited | ₹92.36 Cr (FY 2025) | 6.0% | Jaipur, Rajasthan, India | |||
| Khushi Cotspin Private Limitedthis company | ₹92.29 Cr (FY 2024) | ₹33.89 Lakh | 0.4% | 79.0% | 1 | Akot, Maharashtra, India |
| JPL Industries Limited | ₹92.15 Cr (FY 2025) | -23.0% | Bhilwara, Rajasthan, India | |||
| Dora Industries Private Limited | ₹92.15 Cr (FY 2025) | 176.0% | Jalalpore, Gujarat, India | |||
| Shaswat Textiles Private Limited | ₹92.13 Cr (FY 2025) | 30.0% | Ahmedabad, Gujarat, India | |||
| Bindal Silk Mills Private Limited | ₹92.09 Cr (FY 2025) | 2.0% | Surat, Gujarat, India | |||
| Dhruv Cotex Private Limited | ₹91.96 Cr (FY 2025) | 4.0% | Shirpur, Maharashtra, India |
To see the full peer comparison of Khushi Cotspin Private Limited, buy the company report.
Auditor
Khushi Cotspin Private Limited is audited by S. S. Lohiya & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. S. Lohiya & Associates | FY 2023 | 105649W |
Shareholding
The shareholding of Khushi Cotspin Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Khushi Cotspin Private Limited, buy the company report.
Charges & borrowings
Open charges
₹26.26 Cr
Satisfied charges
₹12.11 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Sep 2024 | 100970535 | Others | ₹5.89 Cr | Open | |
| 17 Mar 2016 | 100022275 | Others | ₹20.37 Cr | Open | |
| 17 Jan 2014 | 10525467 | Axis Bank Limited | ₹5.61 Cr | Satisfied | |
| 28 Jan 2013 | 10399831 | Hdfc Bank Limited | ₹3.25 Cr | Satisfied | |
| 24 Jan 2013 | 10400421 | Hdfc Bank Limited | ₹3.25 Cr | Satisfied |
To see the full charge records of Khushi Cotspin Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Khushi Cotspin Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed against the company by Blue Ocean Line Pvt. Ltd. and Ors. | Pending |
To see the full case history of Khushi Cotspin Private Limited, buy the company report.
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.
Credit ratings & regulatory alerts
Khushi Cotspin Private Limited was last rated by Crisil on 12 May 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 12 May 2020 |
To see the full credit ratings and regulatory alerts of Khushi Cotspin Private Limited, buy the company report.
MSME payment delays
Khushi Cotspin Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, 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 |
To see the full MSME payment records of Khushi Cotspin Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Khushi Cotspin Private Limited has a workforce of 1 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
1
Active EPFO establishments
1
GST
Khushi Cotspin has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECK7705P1ZZ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Khushi Cotspin Private Limited, buy the company report.
Recent activity
Khushi Cotspin Private Limited has 4 board changes on record since 2012: 4 appointments. The latest: Gokuldas Lunkaranji Chandak was appointed as Director on 01 May 2012.
AGM
Khushi Cotspin Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 5.89 Cr with Charge ID 100970535 was registered on 03 Sep 2024.
Filing
Khushi Cotspin Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others of Rs. 20.37 Cr registered on 17 Mar 2016 with Charge ID 100022275 was modified on 03 Jul 2023.
Charges
A charge registered on 17 Jan 2014 via Charge ID 10525467 with Axis Bank Limited was fully satisfied on 25 Jan 2017.
Charges
A charge with Others amounted to Rs. 20.37 Cr with Charge ID 100022275 was registered on 17 Mar 2016.
Charges
A charge with Axis Bank Limited of Rs. 5.61 Cr registered on 17 Jan 2014 with Charge ID 10525467 was modified on 07 Nov 2014.
Charges
A charge registered on 28 Jan 2013 via Charge ID 10399831 with Hdfc Bank Limited was fully satisfied on 09 Jul 2014.
Charges
A charge registered on 24 Jan 2013 via Charge ID 10400421 with Hdfc Bank Limited was fully satisfied on 09 Jul 2014.
Charges
A charge with Axis Bank Limited amounted to Rs. 5.61 Cr with Charge ID 10525467 was registered on 17 Jan 2014.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 3.25 Cr with Charge ID 10399831 was registered on 28 Jan 2013.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 3.25 Cr with Charge ID 10400421 was registered on 24 Jan 2013.
5 earlier events are in the company report.
Frequently asked questions
Khushi Cotspin is an active private limited company based in Akot, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 01 May 2012 (14+ years old) and is registered under CIN U17210MH2012PTC230493.
Khushi Cotspin has 4 current directors:
- Navinkumar Gokuldasji Chandak - Director
- Kavita Navinkumar Chandak - Director
- Gokuldas Lunkaranji Chandak - Director
- Nirmala Chandak - Director
The latest financial statements of Khushi Cotspin on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Khushi Cotspin is 27AAECK7705P1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Khushi Cotspin is U17210MH2012PTC230493. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Khushi Cotspin has 1 court case on record: 1 filed against it. 1 is pending.
Khushi Cotspin was incorporated on 01 May 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Khushi Cotspin by revenue are Vaibhav Processing Mills Private Limited, Pallava Fine Fab Private Limited, Fabstract Clothing India Private Limited, Suvasa Apparel and Furnishing Private Limited, JPL Industries Limited and 4 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Gokuldas Lunkaranji Chandak was appointed as Director on 01 May 2012. Kavita Navinkumar Chandak was appointed as Director on 01 May 2012. Navinkumar Gokuldasji Chandak was appointed as Director on 01 May 2012. Khushi Cotspin has 4 board changes on record in total.
Yes, Khushi Cotspin is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-02-0000623).
Khushi Cotspin has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 09 Jun 2019.
The registered office of Khushi Cotspin is at CO Navinkumar G. Chandak Vakhariya Jin Ambika Nagar, Akot, Maharashtra, India – 444101.