Maa Vaishno Cotspin Limited

Maa Vaishno Cotspin Limited - manufacturing in Barotiwala, Himachal Pradesh, India. FY 2026 financials & compliance.
CIN U17110HP2003PLC026624 Incorporated 17 December 2003 ROC Himachal Pradesh HQ Barotiwala, Himachal Pradesh, India
Active Public Limited Company manufacturing MSME · Small
Revenue · FY 2025
₹41.28 Cr
▲ 17% YoY
Net profit · FY 2025
₹19.21 Lakh
Net margin 0.5%
EBITDA · FY 2025
₹55.92 Lakh
EBITDA margin 1.4%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹68 Lakh
Issued & subscribed
Open charges
₹20.25 Cr
Satisfied ₹9.12 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
5
Provident fund records

About Maa Vaishno Cotspin Limited

Data last updated:

Maa Vaishno Cotspin Limited is a public limited company based in Barotiwala, Himachal Pradesh, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 17 December 2003 and has been in existence for over 23 years.

The company is registered with the Registrar of Companies (ROC), Himachal Pradesh, under CIN U17110HP2003PLC026624. Its GSTIN is 02AAECM1922G1Z1 (Himachal Pradesh). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹68 Lakh. It is led by directors including Varinder Singla and Yaj Dutt Singla.

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 Village Bagguwala Post Office Barotiwala Tehsil Kasauli Distt Solan, Himachal Pradesh, India – 174103.

As per the financials filed for FY 2025, the company reported a revenue of ₹41.28 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹19.21 Lakh (net margin 0.5%) and EBITDA of ₹55.92 Lakh (EBITDA margin 1.4%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 25% over five years.

The company has about 5 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹20.25 Cr and satisfied charges of ₹9.12 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 1 case is pending.

Maa Vaishno Cotspin Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HP-11-0001859). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U17110HP2003PLC026624
Registration Number 026624
Incorporation Date 17 December 2003
ROC Himachal Pradesh
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-HP-11-0001859

Recognitions & Rankings of Maa Vaishno Cotspin

MSME (Udyam registered) Ministry of MSME
Category
Small (2023-24)
Udyam number
UDYAM-HP-11-0001859

Contact details

Maa Vaishno Cotspin Limited's registered office is in Barotiwala, Himachal Pradesh. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Village Bagguwala Post Office Barotiwala Tehsil Kasauli Distt Solan, Himachal Pradesh, India – 174103
  • Industry
    Manufacturing, Pipe & Tubes

To see the full contact details of Maa Vaishno Cotspin Limited, buy the company report.

Comprehensive company report
Maa Vaishno Cotspin 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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Business activity

The main business activity of Maa Vaishno Cotspin is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of Maa Vaishno Cotspin Limited, buy the company report.

Financials of Maa Vaishno Cotspin Limited

FY 2025 filings available

Maa Vaishno Cotspin Limited reported revenue of ₹41.28 Cr (up 17% YoY) for FY 2025.

Revenue · FY 2025
₹41.28 Cr ▲ 17%
Net profit · FY 2025
₹19.21 Lakh margin 0.5%
EBITDA · FY 2025
₹55.92 Lakh margin 1.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 12%
5 years · compounded
▲ 25%
EBITDA CAGR growth
1 year
▲ 28%
3 years · compounded
▲ 13%
5 years · compounded
▲ 10%

Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 17% growth in the latest year. EBITDA rose 28% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹55.92 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹19.21 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin1.4%
Net Profit Margin0.5%
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 Maa Vaishno Cotspin Limited, buy the company report.

Board of directors of Maa Vaishno Cotspin Limited

Maa Vaishno Cotspin has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Varinder SinglaDirector17 Dec 200322 Years 10 MonthsCurrent
Yaj Dutt SinglaDirector25 May 20179 Years 5 MonthsCurrent
Yash Pal SinglaDirector20 May 201610 Years 5 MonthsCurrent

Peer comparison

Maa Vaishno Cotspin Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Pipes), with the same principal business activity (metal and metal products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Anubhav Tubes & Conductors Private Limited₹41.62 Cr (FY 2025)38.0%Kanpur, Uttar Pradesh, India
Maa Vaishno Cotspin Limitedthis company₹41.28 Cr (FY 2025)₹19.21 Lakh0.5%17.0%Barotiwala, Himachal Pradesh, India
Aapo Steel Pipe Private Limited₹40.92 Cr (FY 2024)-23.0%Coimbatore, Tamil Nadu, India
Swaroop Steel Tube India Private Limited₹40.4 Cr (FY 2025)-8.0%Pune, Maharashtra, India

To see the full peer comparison of Maa Vaishno Cotspin Limited, buy the company report.

Auditor

Maa Vaishno Cotspin Limited is audited by KANSAL SINGLA & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
KANSAL SINGLA & ASSOCIATESFY 2023003897N

Shareholding

The shareholding of Maa Vaishno Cotspin Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Maa Vaishno Cotspin Limited, buy the company report.

Charges & borrowings

Open charges
₹20.25 Cr
Satisfied charges
₹9.12 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹15.00 Cr
Others₹5.25 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
13 Nov 2025101193426Hdfc Bank Limited₹7.5 CrOpen
13 Nov 2025101193537Hdfc Bank Limited₹7.5 CrOpen
16 Apr 2024100909441Others₹5.25 CrOpen
09 Dec 201010262447Hdfc Bank Limited₹4.97 CrSatisfied
04 Mar 200810092740Director of Industries₹29.37 LakhSatisfied

To see the full charge records of Maa Vaishno Cotspin Limited, buy the company report.

Total charge records: 9 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Maa Vaishno Cotspin Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Maa Vaishno Cotspin has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
02AAECM1922G1Z1Himachal PradeshActive01 Jul 2017

To see the full GST registrations and return filing status of Maa Vaishno Cotspin Limited, buy the company report.

Recent activity

Maa Vaishno Cotspin Limited has 9 board changes on record since 2003: 6 appointments and 3 cessations. The latest: Manoj Singla ceased to be Additional Director on 26 May 2017.

Charges
A charge with Hdfc Bank Limited amounted to Rs. 7.50 Cr with Charge ID 101193426 was registered on 13 Nov 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 7.50 Cr with Charge ID 101193537 was registered on 13 Nov 2025.
AGM
Maa Vaishno Cotspin Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Maa Vaishno Cotspin Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Himachal Pradesh.
Charges
A charge registered on 09 Dec 2010 via Charge ID 10262447 with Hdfc Bank Limited was fully satisfied on 20 May 2024.
Charges
A charge with Others amounted to Rs. 5.25 Cr with Charge ID 100909441 was registered on 16 Apr 2024.
Charges
A charge with Hdfc Bank Limited of Rs. 4.97 Cr registered on 09 Dec 2010 with Charge ID 10262447 was modified on 20 Jun 2022.
Ceased
Manoj Singla ceased to be Additional Director.
Appointed
Yaj Dutt Singla was appointed as Director.
Ceased
Suresh Kumar Singla ceased to be Whole-Time Director.
Appointed
Yash Pal Singla was appointed as Director.
Appointed
Manoj Singla was appointed as Additional Director.

18 earlier events are in the company report.

Frequently asked questions

Maa Vaishno Cotspin is an active public limited company based in Barotiwala, Himachal Pradesh, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 17 December 2003 (23+ years old) and is registered under CIN U17110HP2003PLC026624.

Maa Vaishno Cotspin has 3 current directors:

The latest financial statements of Maa Vaishno Cotspin 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 Maa Vaishno Cotspin is 02AAECM1922G1Z1, registered in Himachal Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Maa Vaishno Cotspin is U17110HP2003PLC026624. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Maa Vaishno Cotspin has 3 court cases on record: 3 filed against it. 1 is pending.

Maa Vaishno Cotspin was incorporated on 17 December 2003, making it 23+ years old. It is registered with the Registrar of Companies, Himachal Pradesh.

The peers of Maa Vaishno Cotspin by revenue are Anubhav Tubes & Conductors Private Limited, Aapo Steel Pipe Private Limited, Swaroop Steel Tube India Private Limited, all in the Manufacturing industry (Pipes), with the same principal business activity (metal and metal products).

Manoj Singla ceased to be Additional Director on 26 May 2017. Yaj Dutt Singla was appointed as Director on 25 May 2017. Suresh Kumar Singla ceased to be Whole-Time Director on 18 Jun 2016. Maa Vaishno Cotspin has 9 board changes on record in total.

Yes, Maa Vaishno Cotspin is registered as a small enterprise under Udyam registration (number: UDYAM-HP-11-0001859).

The registered office of Maa Vaishno Cotspin is at Village Bagguwala Post Office Barotiwala Tehsil Kasauli Distt Solan, Himachal Pradesh, India – 174103.