MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0064165
Mittal Cotex India Private Limited
Mittal Cotex India Private Limited - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹97.03 Cr
▼ 8% YoY
Net profit · FY 2023
₹7.45 Lakh
Net margin 0.1%
EBITDA · FY 2023
₹2.39 Cr
EBITDA margin 2.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹21.15 Cr
Satisfied ₹4.5 Cr
Company age
17 yrs
Est. 2009
Directors on board
3
As per MCA filings
About Mittal Cotex India Private Limited
Data last updated:
Mittal Cotex India 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 November 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17119GJ2009PTC080865. Its GSTIN is 24AAGCM2335R1Z5 (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Satya Narayan Agarwal and Mahendra Kumar Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2023, the company reported a revenue of ₹97.03 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹7.45 Lakh (net margin 0.1%) and EBITDA of ₹2.39 Cr (EBITDA margin 2.5%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹21.15 Cr and satisfied charges of ₹4.5 Cr on record. Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it; 1 case is pending.
Mittal Cotex India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0064165). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17119GJ2009PTC080865
Registration Number 080865
Incorporation Date 04 November 2009
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0064165
CIN history
Mittal Cotex India has one previous CIN (Corporate Identification Number): U17119RJ2009PTC030171. The current CIN is U17119GJ2009PTC080865, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17119GJ2009PTC080865 | Current |
| U17119RJ2009PTC030171 | Previous |
Key People
Satya Narayan Agarwal Director Mahendra Kumar Agarwal Director Surendra Kumar Agarwal Director Recognitions & Rankings of Mittal Cotex India
Contact details
Mittal Cotex India Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address58 Abad Maskati Cloth Dealers, Co. Op. Shops Warehouses Soc Ltd O/S Raipur Gate, Ahmedabad, Gujarat, India – 380002
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Mittal Cotex India Private Limited, buy the company report.
Comprehensive company report
Mittal Cotex India 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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Financials of Mittal Cotex India Private Limited
FY 2024 filings availableMittal Cotex India Private Limited reported revenue of ₹97.03 Cr (down 8% YoY) for FY 2023.
Revenue · FY 2023
₹97.03 Cr ▼ 8%
Net profit · FY 2023
₹7.45 Lakh margin 0.1%
EBITDA · FY 2023
₹2.39 Cr margin 2.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 5%
5 years · compounded
▲ 4%
EBITDA CAGR growth
3 years · compounded
▲ 4%
5 years · compounded
▲ 3%
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹97.03 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.39 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.45 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.5% | ||||
| Net Profit Margin | 0.1% | ||||
| 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 Mittal Cotex India Private Limited, buy the company report.
Board of directors of Mittal Cotex India Private Limited
Mittal Cotex India has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satya Narayan Agarwal | Director | 17 Jul 2018 | 8 Years 3 Months | Current |
| Mahendra Kumar Agarwal | Director | 17 Jul 2018 | 8 Years 3 Months | Current |
| Surendra Kumar Agarwal Also directs: K M Cotton Print Private Limited, Willmar Cot Fab Private Limited | Director | 17 Jul 2018 | 8 Years 3 Months | Current |
Auditor
Mittal Cotex India Private Limited is audited by KUNAL AGRAWAL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KUNAL AGRAWAL & ASSOCIATES | FY 2023 | 132720W |
Shareholding
The shareholding of Mittal Cotex India 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mittal Cotex India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹21.15 Cr
Satisfied charges
₹4.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Oct 2025 | 101179970 | Others | ₹15 Lakh | Open | |
| 31 Jan 2022 | 100537992 | Hdfc Bank Limited | ₹12.5 Cr | Open | |
| 05 Jan 2015 | 10544740 | Others | ₹8.5 Cr | Open | |
| 20 Jun 2020 | 100347248 | Others | ₹1 Cr | Satisfied | |
| 28 Jun 2010 | 10229339 | Bank of India | ₹3.5 Cr | Satisfied |
To see the full charge records of Mittal Cotex India Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Mittal Cotex India Private Limited has 6 court cases on record: 5 filed by Mittal Cotex India, 1 filed against it. 1 case is pending and 5 are disposed.
Total cases
6
Filed by the company
5
Filed against the company
1
Pending
1
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 1 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Arbitration matter | Filed by the company against The New India Assurance Company Ltd. and 2 others | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against M/S Bhatia Internationals (India)S Partner of Owner Gagnish Bhatia Cloth Merchant | Pending |
| High Court of Gujarat | Special civil application | Filed against the company by Bhatia International (India) Through Its Partner Gagnish Bhatia | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against M/S Bhatia Internationals (India)S Partner of Owner Gagnish Bhatia Cloth Merchant | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed by the company against M/S Bhatia Internationals (India)S Partner of Owner Gagnish Bhatia Cloth Merchant | Disposed |
To see the full case history of Mittal Cotex India 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 Mittal Cotex India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mittal Cotex India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCM2335R1Z5 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mittal Cotex India Private Limited, buy the company report.
Recent activity
Mittal Cotex India Private Limited has 8 board changes on record since 2018: 3 appointments and 5 cessations. The latest: Ankush Mahendrakumar Agrawal ceased to be Director on 15 May 2019.
Charges
A charge with Others of Rs. 850.00 Lakh registered on 05 Jan 2015 with Charge ID 10544740 was modified on 05 Nov 2025.
Charges
A charge with Others amounted to Rs. 15.00 Lakh with Charge ID 101179970 was registered on 15 Oct 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 1,250.00 Lakh registered on 31 Jan 2022 with Charge ID 100537992 was modified on 09 Oct 2025.
AGM
Mittal Cotex India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Mittal Cotex India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge registered on 20 Jun 2020 via Charge ID 100347248 with Others was fully satisfied on 10 Jan 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1,250.00 Lakh with Charge ID 100537992 was registered on 31 Jan 2022.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 100347248 was registered on 20 Jun 2020.
Ceased
Ankush Mahendrakumar Agrawal ceased to be Director.
Ceased
Nikesh Agarwal ceased to be Director.
Ceased
Mahendra Kumar Agarwal ceased to be Additional Director.
Ceased
Satya Narayan Agarwal ceased to be Additional Director.
8 earlier events are in the company report.
Frequently asked questions
Mittal Cotex India 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 November 2009 (17+ years old) and is registered under CIN U17119GJ2009PTC080865.
Mittal Cotex India has 3 current directors:
- Satya Narayan Agarwal - Director
- Mahendra Kumar Agarwal - Director
- Surendra Kumar Agarwal - Director
The latest financial statements of Mittal Cotex India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Mittal Cotex India is 24AAGCM2335R1Z5, registered in Gujarat.
The CIN (Corporate Identification Number) of Mittal Cotex India is U17119GJ2009PTC080865. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mittal Cotex India has 6 court cases on record: 5 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Mittal Cotex India was incorporated on 04 November 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ankush Mahendrakumar Agrawal ceased to be Director on 15 May 2019. Nikesh Agarwal ceased to be Director on 15 May 2019. Mahendra Kumar Agarwal ceased to be Additional Director on 29 Sep 2018. Mittal Cotex India has 8 board changes on record in total.
Yes, Mittal Cotex India is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0064165).
The registered office of Mittal Cotex India is at 58 Abad Maskati Cloth Dealers, Co. Op. Shops Warehouses Soc Ltd OS Raipur Gate, Ahmedabad, Gujarat, India – 380002.