MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MP-23-0014335
Mahima Cotex Private Limited
Mahima Cotex Private Limited - manufacturing in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹47.06 Cr
▲ 163% YoY
Net profit · FY 2025
₹52.96 Lakh
Net margin 1.1%
EBITDA · FY 2025
₹1.5 Cr
EBITDA margin 3.2%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹30 Lakh
Issued & subscribed
Satisfied charges
₹3.75 Cr
No open charges
Company age
23 yrs
Est. 2003
Directors on board
2
As per MCA filings
About Mahima Cotex Private Limited
Data last updated:
Mahima Cotex Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 23 May 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U17121MP2003PTC015833. Its GSTIN is 23AADCP3646D2ZR (Madhya Pradesh). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹30 Lakh. It was formerly known as Paras Cotex Private Limited. It is led by directors Ashok Kumar Doshi and Rohit Doshi.
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 406 Corporate House 169 Rnt Marg Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2025, the company reported a revenue of ₹47.06 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹52.96 Lakh (net margin 1.1%) and EBITDA of ₹1.5 Cr (EBITDA margin 3.2%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 156% over five years.
As per MCA filings, the company has satisfied charges of ₹3.75 Cr on record.
Mahima Cotex Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0014335). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17121MP2003PTC015833
Registration Number 015833
Incorporation Date 23 May 2003
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MP-23-0014335
Key People
Ashok Kumar Doshi Director Rohit Doshi Director Recognitions & Rankings of Mahima Cotex
Contact details
Mahima Cotex Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address406 Corporate House 169 Rnt Marg Indore, Madhya Pradesh, India – 452001
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Mahima Cotex Private Limited, buy the company report.
Comprehensive company report
Mahima 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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Secure checkout · GST invoice included
Business activity
The main business activities of Mahima Cotex 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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Mahima Cotex Private Limited, buy the company report.
Financials of Mahima Cotex Private Limited
FY 2025 filings availableMahima Cotex Private Limited reported revenue of ₹47.06 Cr (up 163% YoY) for FY 2025.
Revenue · FY 2025
₹47.06 Cr ▲ 163%
Net profit · FY 2025
₹52.96 Lakh margin 1.1%
EBITDA · FY 2025
₹1.5 Cr margin 3.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 163%
3 years · compounded
▼ 23%
5 years · compounded
▲ 156%
EBITDA CAGR growth
1 year
▲ 819%
3 years · compounded
▼ 43%
5 years · compounded
▲ 29%
Revenue has grown at a compounded annual rate (CAGR) of 156% over five years, including 163% growth in the latest year. EBITDA rose 819% 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 | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.5 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹52.96 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.2% | ||||
| Net Profit Margin | 1.1% | ||||
| 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 Mahima Cotex Private Limited, buy the company report.
Board of directors of Mahima Cotex Private Limited
Mahima Cotex has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Kumar Doshi Also directs: Jalvayu Spinners Private Limited, Bettercot Farms Private Limited, Mahima Fibres Private Limited and 3 more | Director | 01 Oct 2021 | 5 Years 0 Months | Current |
| Rohit Doshi Also directs: Jalvayu Spinners Private Limited, Bettercot Farms Private Limited, Mahima Fibres Private Limited and 3 more | Director | 23 May 2003 | 23 Years 5 Months | Current |
Peer comparison
Mahima Cotex Private Limited is compared with the 9 companies closest to it by revenue in the Manufacturing industry (Textiles), 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 |
|---|---|---|---|---|---|---|
| Sangam Weavers Private Limited | ₹47.19 Cr (FY 2025) | 0.0% | Punjab, India | |||
| Lalli Overseas Private Limited | ₹47.14 Cr (FY 2024) | 54.0% | Vasai, Maharashtra, India | |||
| Cavana Clothing Private Limited | ₹47.14 Cr (FY 2020) | -3.0% | New Delhi, Delhi, India | |||
| Janshakti Cotton Industries Private Limited | ₹47.1 Cr (FY 2025) | 427.0% | Ahmednagar, Maharashtra, India | |||
| Sardar Cotton Private Limited | ₹47.09 Cr (FY 2018) | 12.0% | Rajkot, Gujarat, India | |||
| Mahima Cotex Private Limitedthis company | ₹47.06 Cr (FY 2025) | ₹52.96 Lakh | 1.1% | 163.0% | Indore, Madhya Pradesh, India | |
| Lawrence Clothing Private Limited | ₹47.05 Cr (FY 2024) | 28.0% | Bangalore, Karnataka, India | |||
| Meera Dyeing & Printing Mills Private Limited | ₹47.04 Cr (FY 2025) | 523.0% | Surat, Gujarat, India | |||
| Shivansh Textiles Private Limited | ₹46.98 Cr (FY 2025) | 0.0% | Panipat, Haryana, India | |||
| Habib Textiles Private Limited | ₹46.96 Cr (FY 2024) | -21.0% | Thane, Maharashtra, India |
To see the full peer comparison of Mahima Cotex Private Limited, buy the company report.
Auditor
Mahima Cotex Private Limited is audited by Maheshwari & Gupta for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Maheshwari & Gupta | FY 2023 | 006179C |
Shareholding
The shareholding of Mahima Cotex Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mahima Cotex Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹3.75 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Dec 2003 | 90206023 | State Bank of Indore | ₹1.75 Cr | Satisfied | |
| 15 Dec 2003 | 80033090 | State Bank of Indore | ₹2 Cr | Satisfied |
To see the full charge records of Mahima Cotex Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Mahima Cotex Private 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 Mahima Cotex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mahima Cotex has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AADCP3646D2ZR | Madhya Pradesh | Active | 26 Mar 2018 |
| 27AADCP3646D1ZK | Maharashtra | Active | 27 Dec 2021 |
To see the full GST registrations and return filing status of Mahima Cotex Private Limited, buy the company report.
Recent activity
Mahima Cotex Private Limited has 3 board changes on record since 2003: 2 appointments and 1 cessation. The latest: Ashok Kumar Doshi was appointed as Director on 01 Oct 2021.
AGM
Mahima Cotex Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mahima Cotex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Appointed
Ashok Kumar Doshi was appointed as Director.
Ceased
Rahul Doshi ceased to be Director.
Charges
A charge registered on 15 Dec 2003 via Charge ID 80033090 with State Bank Of Indore was fully satisfied on 25 Mar 2010.
Charges
A charge registered on 15 Dec 2003 via Charge ID 90206023 with State Bank Of Indore was fully satisfied on 25 Mar 2010.
Charges
A charge with State Bank Of Indore of Rs. 175.00 Lakh registered on 15 Dec 2003 with Charge ID 90206023 was modified on 16 May 2005.
Charges
A charge with State Bank Of Indore amounted to Rs. 200.00 Lakh with Charge ID 80033090 was registered on 15 Dec 2003.
Charges
A charge with State Bank Of Indore amounted to Rs. 175.00 Lakh with Charge ID 90206023 was registered on 15 Dec 2003.
Appointed
Rohit Doshi was appointed as Director.
Incorporation
23 May 2003
Mahima Cotex Private Limited was registered on 23 May 2003 with Roc Gwalior & aged 23 years 5 months as per MCA records.
Frequently asked questions
Mahima Cotex is an active private limited company based in Indore, Madhya Pradesh, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 23 May 2003 (23+ years old) and is registered under CIN U17121MP2003PTC015833.
Mahima Cotex has 2 current directors:
- Ashok Kumar Doshi - Director
- Rohit Doshi - Director
The latest financial statements of Mahima 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 Mahima Cotex is 23AADCP3646D2ZR, registered in Madhya Pradesh. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 27AADCP3646D1ZK (Maharashtra).
The CIN (Corporate Identification Number) of Mahima Cotex is U17121MP2003PTC015833. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahima Cotex was incorporated on 23 May 2003, making it 23+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Mahima Cotex by revenue are Sangam Weavers Private Limited, Lalli Overseas Private Limited, Cavana Clothing Private Limited, Janshakti Cotton Industries Private Limited, Sardar Cotton Private Limited and 4 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Ashok Kumar Doshi was appointed as Director on 01 Oct 2021. Rahul Doshi ceased to be Director on 01 Oct 2021. Rohit Doshi was appointed as Director on 23 May 2003.
Yes, Mahima Cotex is registered as a small enterprise under Udyam registration (number: UDYAM-MP-23-0014335).
The registered office of Mahima Cotex is at 406 Corporate House 169 Rnt Marg Indore, Madhya Pradesh, India – 452001.
Mahima Cotex operates in the manufacturing industry, in the textile and fabric production segment.