Kothari Rayons Private Limited
About Kothari Rayons Private Limited
Data last updated:
Kothari Rayons Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 08 January 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17120GJ2008PTC149651. Its GSTIN is 24AADCK2719C1Z1 (Gujarat).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹95 Lakh. It is led by directors including Akshay Kumar Ashok Kumar Kothari and Lalitha Devi Kothari.
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 Surat, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹32.43 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹27.97 Lakh (net margin 0.9%) and EBITDA of ₹2.23 Cr (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 58% over three years and 120% over five years.
As per MCA filings, the company has open charges of ₹22.24 Cr and satisfied charges of ₹3.75 Cr on record. Court records list 2 cases involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
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- Registered Address3rd Floor 3004 World Trade Centre, Ring Road, Surat, Gujarat, India – 395002
- 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 Kothari Rayons Private Limited
The main business activities of Kothari Rayons 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 Kothari Rayons Private Limited FY 2025 filings available
Kothari Rayons Private Limited reported revenue of ₹32.43 Cr (up 24% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Kothari Rayons Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 120% over five years, including 24% growth in the latest year. EBITDA rose 91% 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 Kothari Rayons 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 | ₹2.23 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹27.97 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 Kothari Rayons Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.9% | •••• | •••• | •••• | •••• |
| 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 Kothari Rayons are in the company report.
Financial statements from 2015
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 Kothari Rayons Private Limited
Kothari Rayons 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 |
|---|---|---|---|---|---|---|
| Sadguru Spinners Private Limited | ₹32.54 Cr (FY 2024) | •••• | •••• | 4.0% | •••• | Pollachi, Tamil Nadu, India |
| Holyclothing Private Limited | ₹32.54 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | New Delhi, Delhi, India |
| CNR Textiles and Jewellers Private Limited | ₹32.52 Cr (FY 2025) | •••• | •••• | 2434.0% | •••• | Vijayawada, Andhra Pradesh, India |
| Maa Sri Tex Private Limited | ₹32.51 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Jaipur, Rajasthan, India |
| Swati Exim Private Limited | ₹32.51 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Delhi, India |
| Kothari Rayons Private Limited this company | ₹32.43 Cr (FY 2024) | •••• | •••• | 24.0% | •••• | Surat, Gujarat, India |
| Gangwani Odhna Bichona Private Limited | ₹32.43 Cr (FY 2024) | •••• | •••• | 27.0% | •••• | New Delhi, Delhi, India |
| Shree Uma Ginning Pressing Private Limited | ₹32.42 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Viramgam, Gujarat, India |
| Viral Textiles Private Limited | ₹32.42 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Ahmedabad, Gujarat, India |
| Quality Bag Exporters Pvt Ltd | ₹32.4 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Kolkata, West Bengal, India |
| Fairdeal Multifilament Private Limited | ₹32.39 Cr (FY 2021) | •••• | •••• | 16.0% | •••• | Sanand, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Kothari Rayons 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 Kothari Rayons Private Limited
Kothari Rayons Private Limited is audited by S JHANWAR & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S JHANWAR & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Kothari Rayons Private Limited
Kothari Rayons has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akshay Kumar Ashok Kumar Kothari Also directs: Vishwas Rayons Private Limited, Kothari Nylons Private Limited, Vatika Rayons Private Limited and 1 more | Director | 14 Nov 2022 | 3 Years 10 Months | Current |
| Lalitha Devi Kothari Also directs: Vishwas Rayons Private Limited, Kothari Nylons Private Limited | Director | 08 Jan 2008 | 18 Years 9 Months | Current |
| Neha Ashok Kumar Kothari | Director | 24 Aug 2021 | 5 Years 1 Months | Current |
Ownership and Shareholding of Kothari Rayons Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Kothari Rayons Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Jun 2023 | Others | ₹1.3 Cr | Open |
| 27 Jan 2023 | Others | ₹2.2 Cr | Open |
| 05 Apr 2022 | Others | ₹4.4 Cr | Open |
| 05 Apr 2022 | Others | ₹5.5 Cr | Open |
| 05 Apr 2022 | Others | ₹8.84 Cr | Open |
Total charge records: 7 View all charges
Legal Cases of Kothari Rayons Private Limited
Kothari Rayons Private Limited has 2 court cases on record: 1 filed against it, 1 where it is another party. 1 case is pending and 1 is disposed. Status as checked between 02 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Commercial matter | Filed against the company by an individual | Pending |
| District court, SURAT, Gujarat | Criminal miscellaneous application | Company is another party | Disposed |
Full case history
All 2 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.
Employees and EPFO Compliance at Kothari Rayons Private Limited
Employment history and EPFO contributions of people linked to Kothari Rayons.
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 Kothari Rayons Private Limited
Kothari Rayons has one previous CIN (Corporate Identification Number): U17120MH2008PTC177543. The current CIN is U17120GJ2008PTC149651, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17120GJ2008PTC149651 | Current |
| U17120MH2008PTC177543 | Previous |
Recent Activity on Kothari Rayons Private Limited
Kothari Rayons Private Limited has 4 board changes on record since 2008: 3 appointments and 1 cessation. The latest: Akshay Kumar Ashok Kumar Kothari was appointed as Director on 14 Nov 2022.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Kothari Rayons Private 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.
MSME Payment Delays by Kothari Rayons Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Kothari Rayons Private 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 Kothari Rayons Private Limited
Kothari Rayons has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCK2719C1Z1 | Gujarat | Active | 01 Jul 2017 |
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 Kothari Rayons Private 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 Kothari Rayons Private Limited
Kothari Rayons is an active private limited company based in Surat, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 08 January 2008 (18+ years old) and is registered under CIN U17120GJ2008PTC149651.
Kothari Rayons reported revenue of ₹32.43 Cr for FY 2024 (up 24% YoY).
Kothari Rayons has 3 current directors:
- Akshay Kumar Ashok Kumar Kothari - Director
- Lalitha Devi Kothari - Director
- Neha Ashok Kumar Kothari - Director
Kothari Rayons reported a net profit of ₹27.97 Lakh (net margin 0.9%) and EBITDA of ₹2.23 Cr (EBITDA margin 6.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Kothari Rayons is 58% over three years and 120% over five years. In the latest year (FY 2024) revenue rose 24%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Kothari Rayons is 24AADCK2719C1Z1, registered in Gujarat.
The CIN (Corporate Identification Number) of Kothari Rayons is U17120GJ2008PTC149651. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kothari Rayons has 2 court cases on record: 1 filed against it. 1 is pending.
Kothari Rayons was incorporated on 08 January 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Kothari Rayons by revenue are Sadguru Spinners Private Limited, Holyclothing Private Limited, CNR Textiles and Jewellers Private Limited, Maa Sri Tex Private Limited, Swati Exim Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Akshay Kumar Ashok Kumar Kothari was appointed as Director on 14 Nov 2022. Ashok Kumar Kothari ceased to be Director on 26 Aug 2021. Neha Ashok Kumar Kothari was appointed as Director on 24 Aug 2021. Kothari Rayons has 4 board changes on record in total.