MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-09-0004128
Krushna Cotex Private Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹233.69 Cr
▲ 68% YoY
Net loss · FY 2025
₹15.77 Cr
Net margin -6.8%
EBITDA · FY 2025
₹4.73 Cr
EBITDA margin 2%
Authorised capital
₹12.5 Cr
Registered with MCA
Paid-up capital
₹8.44 Cr
Issued & subscribed
Open charges
₹221.73 Cr
Satisfied ₹55.96 Cr
Company age
19 yrs
Est. 2007
Employees · EPFO
247
Provident fund records
About Krushna Cotex Private Limited
Data last updated:
Krushna Cotex Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 30 March 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17200MH2007PTC169431. Its GSTIN is 27AACCG9106G1ZP (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹12.5 Cr and a paid-up capital of ₹8.44 Cr. It is led by directors including Babubhai Naik and Jayshree Amrish Patel.
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 4 – A Vikas Centre 104 S V Road Santacruz (West), Mumbai, Maharashtra, India – 425405.
As per the financials filed for FY 2025, the company reported a revenue of ₹233.69 Cr, a growth of 68% compared to the previous year. For the same year it recorded a net loss of ₹15.77 Cr (net margin -6.8%) and EBITDA of ₹4.73 Cr (EBITDA margin 2%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 30% over five years.
The company has about 247 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Krushna Cotex. As per MCA filings, the company has open charges of ₹221.73 Cr and satisfied charges of ₹55.96 Cr on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it; 3 cases are pending. The company has 10 deals on record (6 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹83.39 Cr; the latest was in June 2024. Its 5 peer companies in the Consumer Products industry (Home Furnishings Manufacturers), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 3 larger and 2 smaller; the largest is Radiaant Expovision Private Limited with revenue of ₹247.06 Cr. The company has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 109 overdue payments to 12 micro and small suppliers.
Krushna Cotex Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-09-0004128). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website krushnacotex.in.
Company details
CIN U17200MH2007PTC169431
Registration Number 169431
Incorporation Date 30 March 2007
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-09-0004128
Recognitions & Rankings of Krushna Cotex
Contact details
Krushna Cotex Private Limited's registered office is in Mumbai, Maharashtra. Its website is krushnacotex.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address4 – A Vikas Centre 104 S V Road Santacruz (West), Mumbai, Maharashtra, India – 425405
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Krushna Cotex Private Limited, buy the company report.
Comprehensive company report
Krushna Cotex 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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Brands
Krushna Cotex operates one associated brand: Krushna Cotex. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures textiles with a focus on quality production. | krushnacotex.in |
Business activity
The main business activity of Krushna Cotex 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 Krushna Cotex Private Limited, buy the company report.
Financials of Krushna Cotex Private Limited
FY 2025 filings availableKrushna Cotex Private Limited reported revenue of ₹233.69 Cr (up 68% YoY) for FY 2025.
Revenue · FY 2025
₹233.69 Cr ▲ 68%
Net loss · FY 2025
₹15.77 Cr margin -6.8%
EBITDA · FY 2025
₹4.73 Cr margin 2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 68%
3 years · compounded
▲ 29%
5 years · compounded
▲ 30%
EBITDA CAGR growth
1 year
▼ 46%
3 years · compounded
▲ 5%
5 years · compounded
▲ 8%
Revenue has grown at a compounded annual rate (CAGR) of 30% over five years, including 68% growth in the latest year. EBITDA fell 46% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹4.73 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹15.77 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2% | ||||
| Net Profit Margin | -6.8% | ||||
| 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 Krushna Cotex Private Limited, buy the company report.
Board of directors of Krushna Cotex Private Limited
Krushna Cotex has 5 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Babubhai Naik | Director | 20 Aug 2018 | 8 Years 2 Months | Current |
| Jayshree Amrish Patel Also directs: Girindra Texfab LLP, Shreekedhar Texfab LLP, Siddhi Knitwear Private Limited and 5 more | Director | 27 Nov 2007 | 18 Years 11 Months | Current |
| Hiral Chintan Patel Also directs: Durjaya Cotex Private Limited, Deesan Tex Fab Private Limited, Pramukh Cotex Private Limited and 5 more | Director | 27 Nov 2007 | 18 Years 11 Months | Current |
| Ketki Mukesh Patel Also directs: Durjaya Cotex Private Limited, Omkara Texfab Private Limited, Deesan Cotex Private Limited and 5 more | Director | 27 Nov 2007 | 18 Years 11 Months | Current |
| Kruti Bhupesh Patel Also directs: Durjaya Cotex Private Limited, Deesan Exports Private Limited, Parsu Textiles Pvivate Limited and 5 more | Director | 27 Nov 2007 | 18 Years 11 Months | Current |
Peer comparison
Krushna Cotex Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Products industry (Home Furnishings Manufacturers), 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 |
|---|---|---|---|---|---|---|
| Radiaant Expovision Private Limited | ₹247.06 Cr (FY 2025) | 4.0% | New Delhi, Delhi, India | |||
| Insignian Home Private Limited | ₹242.82 Cr (FY 2025) | 39.0% | Mahalaxmi, Maharashtra, India | |||
| Kanodia Global Private Limited | ₹237.66 Cr (FY 2025) | 9.0% | New Delhi, Delhi, India | |||
| Krushna Cotex Private Limitedthis company | ₹233.69 Cr (FY 2025) | -₹15.77 Cr | -6.8% | 68.0% | 247 | Mumbai, Maharashtra, India |
| Jindal Textile Industries Limited | ₹232.65 Cr (FY 2024) | 674.0% | Delhi, India | |||
| Pearl Apparels Private Limited | ₹222.43 Cr (FY 2025) | 3.0% | New Delhi, Delhi, India |
To see the full peer comparison of Krushna Cotex Private Limited, buy the company report.
Shareholding
The shareholding of Krushna Cotex Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Krushna Cotex Private Limited, buy the company report.
Charges & borrowings
Open charges
₹221.73 Cr
Satisfied charges
₹55.96 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Sep 2025 | 101154146 | Others | ₹22.99 Lakh | Open | |
| 30 Sep 2024 | 100996606 | Sbicap Trustee Company Limited | ₹49 Cr | Open | |
| 10 Apr 2024 | 100911814 | Others | ₹9.01 Lakh | Open | |
| 03 Oct 2022 | 100622532 | Sbicap Trustee Company Limited | ₹125.46 Cr | Open | |
| 30 May 2022 | 100584136 | Others | ₹90 Lakh | Open |
To see the full charge records of Krushna Cotex Private Limited, buy the company report.
Total charge records: 14 View all charges
Deals & funding
Krushna Cotex Private Limited has 10 deals on record (6 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹83.39 Cr; the latest was in June 2024.
Total deals
10
Funding rounds
6
Rights issues
2
Secondary share transfers
2
Disclosed funding
₹83.39 Cr
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Funding round | ₹34.53 Cr | Investors: Quantum Industries and Services Private Limited , Maharaja Builders Pvt Ltd , Ruby Cotex Private Limited |
| Mar 2023 | Funding round | ₹28.75 Cr | Investors: Quantum Industries and Services Private Limited , Maharaja Builders Pvt Ltd , Shobhika Estate Private Limited |
| Feb 2019 | Funding round | ₹62.5 Lakh | Investors: Quantum Industries and Services Private Limited |
| Dec 2010 | Funding round | ₹54.6 Lakh | Investors: Sun Kiran Inc, Deesan Tex Fab Private Limited |
| Mar 2009 | Funding round | ₹6.44 Cr | Investors: Sun Kiran Inc, Deesan Tex Fab Private Limited , 2 individuals |
To see the full deal history of Krushna Cotex Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Krushna Cotex Private Limited has 5 court cases on record: 3 filed by Krushna Cotex, 2 filed against it. 3 cases are pending and 2 are disposed.
Total cases
5
Filed by the company
3
Filed against the company
2
Pending
3
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 2 | 3 |
Cases on record (3 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Dhule, Maharashtra | Criminal miscellaneous application | Filed by the company against Swapnil Fabrics Pvt Ltd and 2 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Mahakali Yarns Pvt Ltd Th Mr Malaram V Desai | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S W) | Filed against the company by Income Tax Department | Disposed |
To see the full case history of Krushna Cotex 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
Krushna Cotex Private Limited was last rated by Care on 12 Apr 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 12 Apr 2023 |
To see the full credit ratings and regulatory alerts of Krushna Cotex Private Limited, buy the company report.
MSME payment delays
Krushna Cotex Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 109 overdue payments to 12 micro and small suppliers. 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 (5 of 12)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Bajarang Paper Products | |||
| Seema Plastic Industries | |||
| Smew Textile Machinery Private Limited |
To see the full MSME payment records of Krushna Cotex Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Krushna Cotex Private Limited has a workforce of 247 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.
Employee count
247
Active EPFO establishments
2
Employee growth
70.3%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 247 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Krushna Cotex Private Limited, buy the company report.
GST
Krushna Cotex has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCG9106G1ZP | Maharashtra | Active | 01 Jul 2017 |
| 27AADCK1231F1Z0 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Krushna Cotex Private Limited, buy the company report.
Recent activity
Krushna Cotex Private Limited has 12 board changes on record since 2007: 5 appointments and 7 cessations. The latest: Babubhai Naik ceased to be Additional Director on 30 Sep 2018.
AGM
Krushna Cotex 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. 0.23 Cr with Charge ID 101154146 was registered on 12 Sep 2025.
Filing
Krushna Cotex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Sbicap Trustee Company Limited of Rs. 49.00 Cr registered on 30 Sep 2024 with Charge ID 100996606 was modified on 17 Jan 2025.
Charges
A charge with Sbicap Trustee Company Limited amounted to Rs. 49.00 Cr with Charge ID 100996606 was registered on 30 Sep 2024.
Charges
A charge with Others amounted to Rs. 0.09 Cr with Charge ID 100911814 was registered on 10 Apr 2024.
Charges
A charge registered on 26 Aug 2022 via Charge ID 100612885 with Others was fully satisfied on 13 Jan 2023.
Charges
A charge with Sbicap Trustee Company Limited amounted to Rs. 125.46 Cr with Charge ID 100622532 was registered on 03 Oct 2022.
Charges
A charge with Others amounted to Rs. 32.48 Cr with Charge ID 100612885 was registered on 26 Aug 2022.
Charges
A charge with Others amounted to Rs. 0.90 Cr with Charge ID 100584136 was registered on 30 May 2022.
Charges
A charge with Others of Rs. 3.94 Cr registered on 31 Mar 2021 with Charge ID 100453369 was modified on 29 Mar 2022.
Charges
A charge with Others amounted to Rs. 3.94 Cr with Charge ID 100453369 was registered on 31 Mar 2021.
26 earlier events are in the company report.
Frequently asked questions
Krushna Cotex is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 30 March 2007 (19+ years old) and is registered under CIN U17200MH2007PTC169431.
Krushna Cotex has 5 current directors:
- Babubhai Naik - Director
- Jayshree Amrish Patel - Director
- Hiral Chintan Patel - Director
- Ketki Mukesh Patel - Director
- Kruti Bhupesh Patel - Director
The latest financial statements of Krushna Cotex 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 2015 are in the company report.
The GSTIN of Krushna Cotex is 27AACCG9106G1ZP, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AADCK1231F1Z0 (Maharashtra).
The CIN (Corporate Identification Number) of Krushna Cotex is U17200MH2007PTC169431. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Krushna Cotex has 5 court cases on record: 3 filed by the company and 2 filed against it. 3 are pending.
Krushna Cotex was incorporated on 30 March 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Krushna Cotex has 10 deals on record (6 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹83.39 Cr; the latest was in June 2024.
The peers of Krushna Cotex by revenue are Radiaant Expovision Private Limited, Insignian Home Private Limited, Kanodia Global Private Limited, Jindal Textile Industries Limited, Pearl Apparels Private Limited, all in the Consumer Products industry (Home Furnishings Manufacturers), with the same principal business activity (textile, leather and other apparel products).
Babubhai Naik ceased to be Additional Director on 30 Sep 2018. Babubhai Naik was appointed as Director on 20 Aug 2018. Amrish Rasiklal Patel ceased to be Additional Director on 31 Dec 2012. Krushna Cotex has 12 board changes on record in total.
Yes, Krushna Cotex is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-09-0004128).
Krushna Cotex has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 109 overdue payments to 12 micro and small suppliers. The latest return was filed on 30 May 2019.
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