Mangal Cotsyn Limited
About Mangal Cotsyn Limited
Data last updated:
Mangal Cotsyn Limited is a public limited company based in Bhilwara, Rajasthan, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 07 July 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U17119RJ2010PLC032313. Its GSTIN is 08AAICM6558N1ZO (Rajasthan).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Om Prakash Jain and Mano Jain.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at R – 26 Vijay Singh Pathik Nagar Bhilwara, Rajasthan, India – 311001.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.56 Cr, a growth of 72% compared to the previous year. For the same year it recorded a net profit of ₹25,773 (net margin 0.2%) and EBITDA of ₹4.97 Lakh (EBITDA margin 3.2%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 11% over five years.
As per MCA filings, the company has open charges of ₹60 Lakh and satisfied charges of ₹90 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mangal Cotsyn Limited's registered office is in Bhilwara, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressR – 26 Vijay Singh Pathik Nagar Bhilwara, Rajasthan, India – 311001
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Mangal Cotsyn 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 Mangal Cotsyn 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 Mangal Cotsyn Limited, buy the company report.
Financials of Mangal Cotsyn Limited
FY 2022 filings availableMangal Cotsyn Limited reported revenue of ₹1.56 Cr (up 72% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 72% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 11%. EBITDA fell 52% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | ₹4.97 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹25,773 | ||||
| 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.2% | ||||
| Net Profit Margin | 0.2% | ||||
| 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 Mangal Cotsyn Limited, buy the company report.
Board of directors of Mangal Cotsyn Limited
Mangal Cotsyn has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Om Prakash Jain | Director | 07 Jul 2010 | 16 Years 3 Months | Current |
| Mano Jain | Director | 19 Sep 2013 | 13 Years 1 Months | Current |
| Bhag Chand Jain | Director | 07 Jul 2010 | 16 Years 3 Months | Current |
Peer comparison
Mangal Cotsyn Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Samank Apparels Private Limited | ₹1.57 Cr (FY 2024) | -79.0% | Palghar, Maharashtra, India | |||
| Fashion Tuday Jewels Private Limited | ₹1.57 Cr (FY 2016) | -13.0% | Chennai, Tamil Nadu, India | |||
| Charuta Textiles Private Limited | ₹1.56 Cr (FY 2024) | -87.0% | Shirpur, Maharashtra, India | |||
| Mangal Cotsyn Limitedthis company | ₹1.56 Cr (FY 2022) | ₹25,773 | 0.2% | 72.0% | Bhilwara, Rajasthan, India | |
| Suvastra India Private Limited | ₹1.56 Cr (FY 2023) | Bangalore, Karnataka, India | ||||
| Divya Lakshmi Mills Private Limited | ₹1.56 Cr (FY 2025) | 114.0% | Tirupur, Tamil Nadu, India | |||
| Vedanti Zippers Private Limited | ₹1.56 Cr (FY 2024) | -16.0% | Surat, Gujarat, India | |||
| Shubham Sulzfeb Private Limited | ₹1.56 Cr (FY 2020) | -79.0% | Bhilwara, Rajasthan, India |
To see the full peer comparison of Mangal Cotsyn Limited, buy the company report.
Auditor
Mangal Cotsyn Limited is audited by N ASAWA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N ASAWA & CO | FY 2019 | 021139C |
Shareholding
The shareholding of Mangal Cotsyn Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Mangal Cotsyn Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Aug 2017 | 100123153 | City Union Bank Limited | ₹60 Lakh | Satisfied | |
| 06 Oct 2015 | 10596684 | United Bank of India | ₹30 Lakh | Satisfied |
To see the full charge records of Mangal Cotsyn Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Mangal Cotsyn 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 Mangal Cotsyn Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mangal Cotsyn has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAICM6558N1ZO | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mangal Cotsyn Limited, buy the company report.
Recent activity
Mangal Cotsyn Limited has 4 board changes on record since 2010: 3 appointments and 1 cessation. The latest: Manoj Kumar Gupta ceased to be Director on 21 Sep 2013.
Frequently asked questions
Mangal Cotsyn is an active public limited company based in Bhilwara, Rajasthan, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 07 July 2010 (16+ years old) and is registered under CIN U17119RJ2010PLC032313.
Mangal Cotsyn has 3 current directors:
- Om Prakash Jain - Director
- Mano Jain - Director
- Bhag Chand Jain - Director
The latest financial statements of Mangal Cotsyn on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Mangal Cotsyn is 08AAICM6558N1ZO, registered in Rajasthan.
The CIN (Corporate Identification Number) of Mangal Cotsyn is U17119RJ2010PLC032313. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mangal Cotsyn was incorporated on 07 July 2010, making it 16+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Mangal Cotsyn by revenue are Samank Apparels Private Limited, Fashion Tuday Jewels Private Limited, Charuta Textiles Private Limited, Suvastra India Private Limited, Divya Lakshmi Mills Private Limited and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Manoj Kumar Gupta ceased to be Director on 21 Sep 2013. Mano Jain was appointed as Director on 19 Sep 2013. Bhag Chand Jain was appointed as Director on 07 Jul 2010. Mangal Cotsyn has 4 board changes on record in total.
The registered office of Mangal Cotsyn is at R – 26 Vijay Singh Pathik Nagar Bhilwara, Rajasthan, India – 311001.
Mangal Cotsyn operates in the manufacturing industry, in the textile and fabric production segment.
Mangal Cotsyn has open charges of ₹60 Lakh and satisfied charges of ₹90 Lakh as per latest MCA filings.