About M. D. Cottex Limited
Data last updated:
M. D. Cottex Limited is a public limited company based in Pithavadi, Gujarat, India. It operates in the seed production and distribution segment of the agriculture sector. It was incorporated on 23 November 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U01113GJ2009PLC058669. Its GSTIN is 24AAGCM5948L1Z0 (Gujarat).
The company has an authorised share capital of ₹4.25 Cr and a paid-up capital of ₹4.22 Cr. It was formerly known as M. D. Cottex Private Limited. It is led by directors including Dakubhai Bachubhai Baladha and Bhagirathbhai Manubhai Pithavadiwala.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Survey No. 188/2 Paiki 2 At And Post Pithavadi Ta : Savarkundla Dist: Amreli, Gujarat, India – 364515.
As per the financials filed for FY 2019, the company reported a revenue of ₹17.3 Lakh, a growth of 148% compared to the previous year. For the same year it recorded a net loss of ₹1.23 Lakh (net margin -7.1%) and EBITDA of ₹13.2 Lakh (EBITDA margin 76.3%). Revenue has declined at a compounded annual rate (CAGR) of 62% over three years.
As per MCA filings, the company has open charges of ₹12.7 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mdcottex.com.
Company details
CIN history
M. D. Cottex has one previous CIN (Corporate Identification Number): U01113GJ2009PTC058669. The current CIN is U01113GJ2009PLC058669, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U01113GJ2009PLC058669 | Current |
| U01113GJ2009PTC058669 | Previous |
Contact details
M. D. Cottex Limited's registered office is in Pithavadi, Gujarat. Its website is mdcottex.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSurvey No. 188/2 Paiki 2 At And Post Pithavadi Ta : Savarkundla Dist: Amreli, Gujarat, India – 364515
- IndustryAgriculture, Seed Production & Distribution
To see the full contact details of M. D. Cottex Limited, buy the company report.
- 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
Business activity
The main business activity of M. D. Cottex is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of M. D. Cottex Limited, buy the company report.
Financials of M. D. Cottex Limited
FY 2019 filings availableM. D. Cottex Limited reported revenue of ₹17.3 Lakh (up 148% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 148% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 62%. EBITDA rose 269% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹13.2 Lakh | ||||
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| Net Profit (PAT) | -₹1.23 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||||
| EBITDA Margin | 76.3% | ||||
| Net Profit Margin | -7.1% | ||||
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To see the full financial statements and ratios of M. D. Cottex Limited, buy the company report.
Board of directors of M. D. Cottex Limited
M. D. Cottex has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dakubhai Bachubhai Baladha Also directs: Pashin Cotfibre Private Limited | Director | 23 Nov 2009 | 16 Years 11 Months | Current |
| Bhagirathbhai Manubhai Pithavadiwala Also directs: Pashin Cotfibre Private Limited, Viraat Recreation LLP, Greenflora Biosciences Private Limited and 2 more | Director | 23 Nov 2009 | 16 Years 11 Months | Current |
| Vikrambhai Bachubhai Baldha | Additional Director | 09 May 2011 | 15 Years 5 Months | Current |
Auditor
M. D. Cottex Limited is audited by MANISH JHAVERI & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANISH JHAVERI & CO | FY 2016 | 115759W |
Shareholding
The shareholding of M. D. Cottex Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of M. D. Cottex Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Jul 2010 | 10233466 | State Bank of India | ₹12.7 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving M. D. Cottex Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for M. D. Cottex Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
M. D. Cottex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCM5948L1Z0 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of M. D. Cottex Limited, buy the company report.
Recent activity
M. D. Cottex Limited has 3 board changes on record since 2009: 3 appointments. The latest: Vikrambhai Bachubhai Baldha was appointed as Additional Director on 09 May 2011.
Frequently asked questions
M. D. Cottex is an active public limited company based in Pithavadi, Gujarat, India. The company works in seed production and distribution, within the agriculture industry. It was incorporated on 23 November 2009 (17+ years old) and is registered under CIN U01113GJ2009PLC058669.
M. D. Cottex has 3 current directors:
- Dakubhai Bachubhai Baladha - Director
- Bhagirathbhai Manubhai Pithavadiwala - Director
- Vikrambhai Bachubhai Baldha - Additional Director
The latest financial statements of M. D. Cottex on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of M. D. Cottex is 24AAGCM5948L1Z0, registered in Gujarat.
The CIN (Corporate Identification Number) of M. D. Cottex is U01113GJ2009PLC058669. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
M. D. Cottex was incorporated on 23 November 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Vikrambhai Bachubhai Baldha was appointed as Additional Director on 09 May 2011. Bhagirathbhai Manubhai Pithavadiwala was appointed as Director on 23 Nov 2009. Dakubhai Bachubhai Baladha was appointed as Director on 23 Nov 2009.
M. D. Cottex can be reached through the website mdcottex.com. Its registered office is in Pithavadi, Gujarat, India.
The registered office of M. D. Cottex is at Survey No. 1882 Paiki 2 At And Post Pithavadi Ta : Savarkundla Dist: Amreli, Gujarat, India – 364515.
M. D. Cottex operates in the agriculture industry, in the seed production and distribution segment.
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