Maruti Cotex Limited
About Maruti Cotex Limited
Data last updated:
Maruti Cotex Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Shree Siddhivinayak Cotspin Private Limited. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 07 March 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17115MH2006PLC402957. Its GSTIN is 27AAECM8432H2ZB (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹90 Cr and a paid-up capital of ₹77.11 Cr. It is led by directors including Kiran Jaswantrai Mehta (Whole-Time Director) and Rajesh Jaswantrai Mehta.
Its last annual general meeting (AGM) was held on 30 December 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹269.53 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net loss of ₹67.03 Lakh (net margin -0.2%) and EBITDA of ₹20.31 Cr (EBITDA margin 7.5%). Revenue has grown at a compounded annual rate (CAGR) of 407% over three years.
The company has about 54 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹145 Cr and satisfied charges of ₹356.1 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address107 Sangam Arcade, Vallabbhai Patel Road, Mumbai, Maharashtra, India – 400056
- IndustryManufacturing, Textile & Fabric Production
- 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
- One PDF report, delivered after checkout
CIN History of Maruti Cotex Limited
Maruti Cotex has one previous CIN (Corporate Identification Number): U17115PN2006PLC022143. The current CIN is U17115MH2006PLC402957, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17115MH2006PLC402957 | Current |
| U17115PN2006PLC022143 | Previous |
Business Activity of Maruti Cotex Limited
The main business activity of Maruti Cotex is manufacturing. In detail, this covers 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
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Maruti Cotex Limited
Maruti Cotex Limited is audited by H. Rajen & Co. for the financial year 2025.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| H. Rajen & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Maruti Cotex Limited
Maruti Cotex has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Jaswantrai Mehta | Director | 14 Jul 2020 | 6 Years 2 Months | Current |
| Kiran Jaswantrai Mehta | Whole-Time Director | 14 Jul 2020 | 6 Years 2 Months | Current |
| Pradeep Jaswantrai Mehta | Director | 14 Jul 2020 | 6 Years 2 Months | Current |
Financials of Maruti Cotex Limited FY 2025 filings available
Maruti Cotex Limited reported revenue of ₹269.53 Cr (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Maruti Cotex Limited
Revenue has grown at a compounded annual rate (CAGR) of 407% over three years, including 15% growth in the latest year. EBITDA rose 97% 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 of Maruti Cotex Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹269.53 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹20.31 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹67.03 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 of Maruti Cotex Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Maruti Cotex are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Maruti Cotex Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Maruti Cotex Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Dec 2023 | Others | ₹25 Cr | Open |
| 20 Sep 2023 | Others | ₹45 Cr | Open |
| 20 Jun 2023 | Others | ₹25 Cr | Open |
| 31 Mar 2022 | Others | ₹50 Cr | Open |
| 28 Sep 2011 | Jm Financial Asset Reconstruction Company Private Limited | ₹62.17 Cr | Satisfied |
Total charge records: 16 View all charges
Employees and EPFO Compliance at Maruti Cotex Limited
Employment history and EPFO contributions of people linked to Maruti Cotex.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Maruti Cotex Limited
Maruti Cotex has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECM8432H2ZB | Maharashtra | Active | 25 Nov 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Maruti Cotex Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Maruti Cotex Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Maruti Cotex Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Maruti Cotex Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Maruti Cotex Limited
Frequently Asked Questions about Maruti Cotex Limited
Maruti Cotex is an active public limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 07 March 2006 (20+ years old) and is registered under CIN U17115MH2006PLC402957.
Maruti Cotex reported revenue of ₹269.53 Cr for FY 2025 (up 15% YoY).
Maruti Cotex has 3 current directors:
- Kiran Jaswantrai Mehta - Whole-Time Director
- Rajesh Jaswantrai Mehta - Director
- Pradeep Jaswantrai Mehta - Director
Maruti Cotex reported a net loss of ₹67.03 Lakh (net margin -0.2%) and EBITDA of ₹20.31 Cr (EBITDA margin 7.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Maruti Cotex is 407% over three years. In the latest year (FY 2025) revenue rose 15%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Maruti Cotex is 27AAECM8432H2ZB, registered in Maharashtra. 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 Maruti Cotex is U17115MH2006PLC402957. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maruti Cotex was incorporated on 07 March 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
The registered office of Maruti Cotex is at 107 Sangam Arcade, Vallabbhai Patel Road, Mumbai, Maharashtra, India – 400056.