About Mahaalaxmi Texpro Limited
Data last updated: 14 July 2026
Mahaalaxmi Texpro Limited is a public limited company based in Kolhapur, Maharashtra, India. It specialises in textile and fabric production, a part of the broader manufacturing sector. Incorporated on 01 September 1993, the company has been in operation for over 33 years.
Registered with ROC Pune under CIN U51491PN1993PLC073706. Listed on BSE: 532831.
Capital: an authorised share capital of ₹24 Cr and a paid-up capital of ₹3.37 Cr. Formerly known as Abhishek Cotspin Mills Ltd. and Abhishek Mills Limited. It is led by directors including Deepak Chaganlal Choudhari and Madhubala Deepak Choudhari.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Gat No 148 Tamgaon Kolhapur Hupari Road Tal Karveer Dist Kolhapur, Maharashtra, India – 416234.
As per NSE-filed standalone financials for FY 2024, the company reported a revenue of ₹9.43 Cr, a decline of 43.17% compared to the previous year. The net worth stands at ₹2.34 Cr (up 100.26% YoY). Total assets are valued at ₹56.64 Cr (down 1.89% YoY).
The company has a workforce of approximately 204 employees as per the latest available data.
The company is associated with 1 brand - Abhishek Corporation. As per MCA filings, the company has open charges of ₹131.86 Cr and satisfied charges of ₹408.92 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 abhishekcorporation.com.
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Registered AddressGat No 148 Tamgaon Kolhapur Hupari Road Tal Karveer Dist Kolhapur, Maharashtra, India – 416234
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IndustryManufacturing, Textile & Fabric Production
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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Name History of Mahaalaxmi Texpro Limited
Mahaalaxmi Texpro Limited has undergone 3 name changes throughout its history. The company was previously known as Abhishek Cotspin Mills Ltd., Abhishek Mills Limited, and Mahaalaxmi Texpro Limited. The current legal name is Mahaalaxmi Texpro Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Mahaalaxmi Texpro Limited | Current |
| Abhishek Cotspin Mills Ltd. | Previous |
| Abhishek Mills Limited | Previous |
CIN History of Mahaalaxmi Texpro Limited
Mahaalaxmi Texpro Limited has one previous CIN (Corporate Identification Number): U51491PN1993PLC073706. The current CIN is L51491PN1993PLC073706, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L51491PN1993PLC073706 | Current |
| U51491PN1993PLC073706 | Previous |
Associated Brands with Mahaalaxmi Texpro Limited
Mahaalaxmi Texpro Limited operates one associated brand: Abhishek Corporation. These brands represent Mahaalaxmi Texpro Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Abhishek Corporation was founded in 1993 in Kolhapur, India. | abhishekcorporation.com |
Business Activity of Mahaalaxmi Texpro Limited
Mahaalaxmi Texpro Limited is engaged in the principal business activity of manufacturing, with detailed activities including textile, leather and other apparel products.
| 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 |
Business activity turnover details for Mahaalaxmi Texpro Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
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Board of Directors of Mahaalaxmi Texpro Limited
Mahaalaxmi Texpro Limited is currently managed by 6 directors, with 23 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Deepak Chaganlal Choudhari
Also directs:
Girnar Spintex Industries Limited, Siddarth Emporium India Priavte Limited, Manibhadra Polycot Private Limited and 1 more
|
Managing Director | 15 Mar 2024 | 2 Years 4 Months | Current |
|
Madhubala Deepak Choudhari
Also directs:
Girnar Spintex Industries Limited
|
Director | 15 Mar 2024 | 2 Years 4 Months | Current |
|
Veerendra Mohanrao Mane
Also directs:
Smlexcel Private Limited
|
Director | 15 Mar 2024 | 2 Years 4 Months | Current |
|
Dhruv Jain
Also directs:
Girnar Spintex Industries Limited
|
Director | 15 Mar 2024 | 2 Years 4 Months | Current |
| Mandar Deepak Jadhav | Director | 15 Mar 2024 | 2 Years 4 Months | Current |
| Tausif Gaus Solapure | Director | 15 Mar 2024 | 2 Years 4 Months | Current |
Financials of Mahaalaxmi Texpro Limited FY 2024 filings available
Mahaalaxmi Texpro Limited reported revenue of ₹9.43 Cr (down 43.17% YoY) for FY 2024.
| Metrics | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Revenue from Operations | ₹9.43 Cr | ₹16.59 Cr | ₹27.17 Cr | ₹18.74 Cr | ₹18.39 Cr |
| Other Income | ₹37.12 Lakh | ₹24.67 Lakh | ₹23.53 Lakh | ₹9.44 Lakh | ₹20.22 Lakh |
| Total Income | ₹9.8 Cr | ₹16.84 Cr | ₹27.4 Cr | ₹18.83 Cr | ₹18.59 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹56.85 Lakh | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹5.72 Cr | ₹9.79 Cr | ₹10.32 Cr | ₹7.02 Cr | ₹11.65 Cr |
| Finance Costs | ₹1.65 Cr | ₹0 | ₹0 | ₹0 | ₹123.89 Cr |
| Depreciation & Amortisation | ₹3.29 Cr | ₹11.62 Cr | ₹17.7 Cr | ₹19.53 Cr | ₹22.31 Cr |
| Other Expenses | ₹7.59 Cr | ₹12.42 Cr | ₹16.91 Cr | ₹13.37 Cr | ₹5.76 Cr |
| Total Expenses | ₹18.26 Cr | ₹33.83 Cr | ₹45.49 Cr | ₹39.92 Cr | ₹163.6 Cr |
| Profit Before Exceptional Items & Tax | -₹8.46 Cr | -₹16.99 Cr | -₹18.09 Cr | -₹21.08 Cr | -₹145.01 Cr |
| Exceptional Items | ₹913.66 Cr | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹905.2 Cr | -₹16.99 Cr | -₹18.09 Cr | -₹21.08 Cr | -₹145.01 Cr |
| Total Tax Expense | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Profit | ₹905.2 Cr | -₹16.99 Cr | -₹18.09 Cr | -₹21.08 Cr | -₹145.01 Cr |
| Other Comprehensive Income | ₹1.55 Cr | ₹52.9 Lakh | ₹43.26 Lakh | ₹63.19 Lakh | ₹18.34 Lakh |
| Total Comprehensive Income | ₹906.75 Cr | -₹16.46 Cr | -₹17.66 Cr | -₹20.45 Cr | -₹144.83 Cr |
| EBITDA (computed) | -₹3.52 Cr | -₹5.37 Cr | -₹39.5 Lakh | -₹1.55 Cr | ₹1.19 Cr |
| Basic EPS | ₹565.45 | ₹-10.62 | ₹-11.30 | ₹-13.17 | ₹-90.58 |
| Diluted EPS | ₹565.45 | ₹-10.62 | ₹-11.30 | ₹-13.17 | ₹-90.58 |
| Metrics | FY 2024 | FY 2023 |
|---|---|---|
| Total Assets | ₹56.64 Cr | ₹57.73 Cr |
| Non-current Assets | ₹43.67 Cr | ₹46.91 Cr |
| Current Assets | ₹12.97 Cr | ₹10.82 Cr |
| Property, Plant & Equipment | ₹39.99 Cr | ₹43.28 Cr |
| Inventories | ₹4.76 Cr | ₹4.77 Cr |
| Trade Receivables | ₹0 | ₹16.72 Lakh |
| Cash & Equivalents | ₹7.91 Cr | ₹4.59 Cr |
| Equity (Net Worth) | ₹2.34 Cr | -₹907.62 Cr |
| Equity Share Capital | ₹16.01 Cr | ₹16.01 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 |
| Borrowings (Current) | ₹39.33 Cr | ₹28.63 Cr |
| Total Debt (computed) | ₹39.33 Cr | ₹28.63 Cr |
| Current Liabilities | ₹54.15 Cr | ₹963.18 Cr |
| Total Liabilities | ₹54.3 Cr | ₹965.35 Cr |
| Metrics | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|
| Operating Cash Flow | -₹33.3 Cr | -₹2.57 Lakh | ₹52.43 Lakh |
| Investing Cash Flow | -₹21.48 Lakh | ₹12.12 Lakh | -₹30.97 Lakh |
| Financing Cash Flow | ₹36.83 Cr | ₹0 | ₹0 |
| Capital Expenditure | ₹0 | ₹0 | ₹2.13 Lakh |
| Free Cash Flow (computed) | -₹33.3 Cr | -₹2.57 Lakh | ₹50.3 Lakh |
| Dividends Paid | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | ₹3.32 Cr | ₹9.55 Lakh | ₹21.46 Lakh |
Charges & Borrowings of Mahaalaxmi Texpro Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Oct 2009 | Corporation Bank | ₹35.36 Cr | Satisfied |
| 01 Jun 2009 | Corporation Bank | ₹35.36 Cr | Satisfied |
| 03 Nov 2008 | Corporation Bank | ₹3.5 Cr | Satisfied |
| 04 Sep 2008 | Edelweiss Asset Reconstruction Company Limited | ₹45 Cr | Satisfied |
| 12 Jun 2008 | Edelweiss Asset Reconstruction Company Limited | ₹6 Cr | Satisfied |
Total charge records: 18 View all charges
Employees and EPFO Compliance at Mahaalaxmi Texpro Limited
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Employee and EPFO history for Mahaalaxmi Texpro Limited
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GST Compliance of Mahaalaxmi Texpro Limited
GST registrations and filing compliance for Mahaalaxmi Texpro Limited
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Credit Ratings, Litigation & Regulatory Alerts for Mahaalaxmi Texpro Limited
Credit ratings, litigation, and regulatory alerts for Mahaalaxmi Texpro Limited
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MSME Payment Delays by Mahaalaxmi Texpro Limited
MSME payment history for Mahaalaxmi Texpro Limited
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Subsidiaries & Group Companies of Mahaalaxmi Texpro Limited
Corporate group structure for Mahaalaxmi Texpro Limited
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MCA Filings & Documents of Mahaalaxmi Texpro Limited
MCA filings and documents for Mahaalaxmi Texpro Limited
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Recent Activity on Mahaalaxmi Texpro Limited
Recent News on Mahaalaxmi Texpro Limited
Frequently Asked Questions about Mahaalaxmi Texpro Limited
Mahaalaxmi Texpro Limited is an active public limited company in the manufacturing sector based in Kolhapur, Maharashtra, India. It was incorporated on 01 September 1993 (33+ years old) and is registered under CIN L51491PN1993PLC073706. Listed on BSE: 532831. The company has 204 employees.
Mahaalaxmi Texpro Limited reported revenue of ₹9.43 Cr for FY 2024 (down 43.17% YoY) based on standalone NSE filings.
The current directors of Mahaalaxmi Texpro Limited are:
- Deepak Chaganlal Choudhari - Managing Director
- Madhubala Deepak Choudhari - Director
- Veerendra Mohanrao Mane - Director
- Dhruv Jain - Director
- Mandar Deepak Jadhav - Director
- Tausif Gaus Solapure - Director
The primary industry of Mahaalaxmi Texpro Limited is manufacturing. The company specifically operates in textile and fabric production. The company is currently active in this sector.
Yes. Mahaalaxmi Texpro Limited is listed on BSE with code 532831.
Mahaalaxmi Texpro Limited can be reached at the registered office: Gat No 148 Tamgaon Kolhapur Hupari Road Tal Karveer Dist Kolhapur, Maharashtra, India – 416234, or through the website abhishekcorporation.com.