MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0023077
Mangal Cotton Mills Private Limited - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹43.54 Cr
▼ 6% YoY
Net profit · FY 2025
₹81.82 Lakh
Net margin 1.9%
EBITDA · FY 2025
₹5.51 Cr
EBITDA margin 12.6%
Authorised capital
₹6 Cr
Registered with MCA
Paid-up capital
₹3.81 Cr
Issued & subscribed
Open charges
₹35.47 Cr
Satisfied ₹31.56 Cr
Company age
47 yrs
Est. 1979
Directors on board
3
As per MCA filings
About Mangal Cotton Mills Private Limited
Data last updated:
Mangal Cotton Mills Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 04 August 1979 and has been in existence for over 47 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17119GJ1979PTC003473. Its GSTIN is 24AAACR9047F2ZF (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹3.81 Cr. It was formerly known as Rachana Fabrics Private Limited. It is led by directors including Rakesh Babulal Shekhani and Gunjan Motilal Sekhani.
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 44/45 Gidcindutrial Estate Phase I Vatva, Ahmedabad, Gujarat, India – 382445.
As per the financials filed for FY 2025, the company reported a revenue of ₹43.54 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹81.82 Lakh (net margin 1.9%) and EBITDA of ₹5.51 Cr (EBITDA margin 12.6%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹35.47 Cr and satisfied charges of ₹31.56 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
Mangal Cotton Mills Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0023077). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mangaltextile.com.
Company details
CIN U17119GJ1979PTC003473
Registration Number 003473
Incorporation Date 04 August 1979
ROC Ahmedabad
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 Medium
Udyam Registration UDYAM-GJ-01-0023077
Key People
Rajesh Sharma Additional Director Rakesh Babulal Shekhani Director Gunjan Motilal Sekhani Director Recognitions & Rankings of Mangal Cotton Mills
Contact details
Mangal Cotton Mills Private Limited's registered office is in Ahmedabad, Gujarat. Its website is mangaltextile.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address44/45 Gidcindutrial Estate Phase I Vatva, Ahmedabad, Gujarat, India – 382445
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Mangal Cotton Mills Private Limited, buy the company report.
Comprehensive company report
Mangal Cotton Mills 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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Business activity
The main business activity of Mangal Cotton Mills 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 Cotton Mills Private Limited, buy the company report.
Financials of Mangal Cotton Mills Private Limited
FY 2025 filings availableMangal Cotton Mills Private Limited reported revenue of ₹43.54 Cr (down 6% YoY) for FY 2025.
Revenue · FY 2025
₹43.54 Cr ▼ 6%
Net profit · FY 2025
₹81.82 Lakh margin 1.9%
EBITDA · FY 2025
₹5.51 Cr margin 12.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 6%
3 years · compounded
▼ 4%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▼ 13%
3 years · compounded
▼ 7%
5 years · compounded
▼ 4%
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 13% 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 | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹5.51 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹81.82 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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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 | 12.6% | ||||
| Net Profit Margin | 1.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Cotton Mills Private Limited, buy the company report.
Board of directors of Mangal Cotton Mills Private Limited
Mangal Cotton Mills has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Sharma | Additional Director | 10 Dec 2020 | 5 Years 10 Months | Current |
| Rakesh Babulal Shekhani | Director | 29 Apr 2024 | 2 Years 6 Months | Current |
| Gunjan Motilal Sekhani Also directs: Bidasar System LLP, Sekhani Industries Private Limited | Director | 01 Jun 2003 | 23 Years 4 Months | Current |
Peer comparison
Mangal Cotton Mills Private Limited is compared with the 8 companies closest to it by revenue in the BFSI industry (Cotton, Machinery and Equipment Leasing, 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 |
|---|---|---|---|---|---|---|
| Viney Knitwears Private Limited | ₹43.64 Cr (FY 2025) | -9.0% | Ludhiana, Punjab, India | |||
| MSP Knit Garments Private Limited | ₹43.64 Cr (FY 2024) | -11.0% | Tiruppur, Tamil Nadu, India | |||
| Meera Textiles Private Limited | ₹43.58 Cr (FY 2024) | -17.0% | Tirupur, Tamil Nadu, India | |||
| Jalan Jee Poly Tex Limited | ₹43.56 Cr (FY 2025) | 11.0% | Gorakhpur, Uttar Pradesh, India | |||
| Mangal Cotton Mills Private Limitedthis company | ₹43.54 Cr (FY 2025) | ₹81.82 Lakh | 1.9% | -6.0% | Ahmedabad, Gujarat, India | |
| Jeenam Cotton Private Limited | ₹43.47 Cr (FY 2017) | 8.0% | Morbi, Gujarat, India | |||
| Omtara Designs Private Limited | ₹43.41 Cr (FY 2025) | 21.0% | Delhi, India | |||
| SBT Textiles Private Limited | ₹43.35 Cr (FY 2024) | 19.0% | Raipur, Chhattisgarh, India | |||
| Ampm Fashions Private Limited | ₹43.33 Cr (FY 2025) | 10.0% | New Delhi, Delhi, India |
To see the full peer comparison of Mangal Cotton Mills Private Limited, buy the company report.
Auditor
Mangal Cotton Mills Private Limited is audited by LUNIA AND COMPANY for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LUNIA AND COMPANY | FY 2022 | 116436W |
Shareholding
The shareholding of Mangal Cotton Mills Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mangal Cotton Mills Private Limited, buy the company report.
Charges & borrowings
Open charges
₹35.47 Cr
Satisfied charges
₹31.56 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Oct 2021 | 100497338 | Hdfc Bank Limited | ₹12.68 Cr | Open | |
| 26 Jun 2018 | 100185151 | Sidbi | ₹22.79 Cr | Open | |
| 17 Dec 2020 | 100396091 | Sidbi | ₹1.81 Cr | Satisfied | |
| 30 Mar 2017 | 100086890 | Sidbi | ₹1 Cr | Satisfied | |
| 25 Mar 2016 | 100020217 | Others | ₹1 Cr | Satisfied |
To see the full charge records of Mangal Cotton Mills Private Limited, buy the company report.
Total charge records: 14 View all charges
Legal cases
Mangal Cotton Mills Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Total cases
2
Filed against the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by The State of Gujarat | Disposed |
| District court, Ahmedabad, Gujarat | Court case (RECO33C 2 LC) | Filed against the company by an individual | Disposed |
To see the full case history of Mangal Cotton Mills Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mangal Cotton Mills Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mangal Cotton Mills has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACR9047F2ZF | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mangal Cotton Mills Private Limited, buy the company report.
Recent activity
Mangal Cotton Mills Private Limited has 6 board changes on record since 2003: 3 appointments and 3 cessations. The latest: Rakesh Babulal Shekhani ceased to be Additional Director on 18 Aug 2024.
AGM
Mangal Cotton Mills Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mangal Cotton Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Sidbi of Rs. 22.79 Cr registered on 26 Jun 2018 with Charge ID 100185151 was modified on 24 Mar 2025.
Ceased
Rakesh Babulal Shekhani ceased to be Additional Director.
Ceased
Motilal Malchand Sekhani ceased to be Director.
Ceased
Rinish Noratmal Shekhani ceased to be Director.
Charges
A charge registered on 17 Dec 2020 via Charge ID 100396091 with Sidbi was fully satisfied on 29 Apr 2024.
Charges
A charge registered on 30 Mar 2017 via Charge ID 100086890 with Sidbi was fully satisfied on 29 Apr 2024.
Charges
A charge registered on 25 Mar 2016 via Charge ID 100020217 with Others was fully satisfied on 29 Apr 2024.
Appointed
Rakesh Babulal Shekhani was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 12.68 Cr with Charge ID 100497338 was registered on 18 Oct 2021.
Charges
A charge with Sidbi amounted to Rs. 1.81 Cr with Charge ID 100396091 was registered on 17 Dec 2020.
31 earlier events are in the company report.
Frequently asked questions
Mangal Cotton Mills is an active private limited company based in Ahmedabad, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 04 August 1979 (47+ years old) and is registered under CIN U17119GJ1979PTC003473.
Mangal Cotton Mills has 3 current directors:
- Rajesh Sharma - Additional Director
- Rakesh Babulal Shekhani - Director
- Gunjan Motilal Sekhani - Director
The latest financial statements of Mangal Cotton Mills 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 Mangal Cotton Mills is 24AAACR9047F2ZF, registered in Gujarat. 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 Mangal Cotton Mills is U17119GJ1979PTC003473. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mangal Cotton Mills has 2 court cases on record: 2 filed against it.
Mangal Cotton Mills was incorporated on 04 August 1979, making it 47+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Mangal Cotton Mills by revenue are Viney Knitwears Private Limited, MSP Knit Garments Private Limited, Meera Textiles Private Limited, Jalan Jee Poly Tex Limited, Jeenam Cotton Private Limited and 3 more, all in the BFSI industry (Cotton, Machinery and Equipment Leasing, Textiles), with the same principal business activity (textile, leather and other apparel products).
Rakesh Babulal Shekhani ceased to be Additional Director on 18 Aug 2024. Motilal Malchand Sekhani ceased to be Director on 20 Jul 2024. Rinish Noratmal Shekhani ceased to be Director on 20 Jul 2024. Mangal Cotton Mills has 6 board changes on record in total.
Yes, Mangal Cotton Mills is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0023077).
Mangal Cotton Mills can be reached through the website mangaltextile.com. Its registered office is in Ahmedabad, Gujarat, India.