MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-14-0033933
N B Cotex Private Limited
N B Cotex Private Limited - manufacturing in Dharangaon, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹70.22 Cr
▼ 23% YoY
Net profit · FY 2025
₹7.19 Lakh
Net margin 0.1%
EBITDA · FY 2025
₹1.09 Cr
EBITDA margin 1.6%
Authorised capital
₹3.5 Cr
Registered with MCA
Paid-up capital
₹2.8 Cr
Issued & subscribed
Open charges
₹29.85 Cr
Satisfied ₹6.04 Cr
Company age
15 yrs
Est. 2011
Employees · EPFO
5
Provident fund records
About N B Cotex Private Limited
Data last updated:
N B Cotex Private Limited is a private limited company based in Dharangaon, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 29 June 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17200MH2011PTC219248. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹2.8 Cr. It is led by directors including Nitin Nandlal Karwa and Nathalal Babulal Jani.
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 Nitin Karwa Kot Bazar Sane Patangan, Dharangaon, Maharashtra, India – 425105.
As per the financials filed for FY 2025, the company reported a revenue of ₹70.22 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹7.19 Lakh (net margin 0.1%) and EBITDA of ₹1.09 Cr (EBITDA margin 1.6%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 4% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹29.85 Cr and satisfied charges of ₹6.04 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 3 cases are pending. The company has 7 deals on record (4 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹2.69 Cr; the latest was in April 2024. Its 9 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 4 larger and 5 smaller; the largest is Platinum Fabrics Private Limited with revenue of ₹70.41 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 overdue payments to 2 micro and small suppliers.
N B Cotex Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-14-0033933). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17200MH2011PTC219248
Registration Number 219248
Incorporation Date 29 June 2011
ROC Mumbai
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-MH-14-0033933
Key People
Nitin Nandlal Karwa Director Nathalal Babulal Jani Director Haresh Nathalal Jani Director Recognitions & Rankings of N B Cotex
Contact details
N B Cotex Private Limited's registered office is in Dharangaon, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNitin Karwa Kot Bazar Sane Patangan, Dharangaon, Maharashtra, India – 425105
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of N B Cotex Private Limited, buy the company report.
Comprehensive company report
N B 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 activity of N B Cotex 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 N B Cotex Private Limited, buy the company report.
Financials of N B Cotex Private Limited
FY 2025 filings availableN B Cotex Private Limited reported revenue of ₹70.22 Cr (down 23% YoY) for FY 2025.
Revenue · FY 2025
₹70.22 Cr ▼ 23%
Net profit · FY 2025
₹7.19 Lakh margin 0.1%
EBITDA · FY 2025
₹1.09 Cr margin 1.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 23%
3 years · compounded
▲ 7%
5 years · compounded
▼ 4%
EBITDA CAGR growth
1 year
▼ 15%
3 years · compounded
▼ 6%
5 years · compounded
▼ 11%
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 23% fall in the latest year. EBITDA fell 15% 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 | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.09 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.19 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 | 1.6% | ||||
| 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 N B Cotex Private Limited, buy the company report.
Board of directors of N B Cotex Private Limited
N B Cotex has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Nandlal Karwa | Director | 29 Jun 2011 | 15 Years 4 Months | Current |
| Nathalal Babulal Jani Also directs: Krishna Natural Fibre Private Limited, B V Cotton Private Limited | Director | 29 Jun 2011 | 15 Years 4 Months | Current |
| Haresh Nathalal Jani Also directs: Krishna Natural Fibre Private Limited, B V Cotton Private Limited, Harekrishna Cotex LLP and 1 more | Director | 29 Jun 2011 | 15 Years 4 Months | Current |
Peer comparison
N B 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 |
|---|---|---|---|---|---|---|
| Platinum Fabrics Private Limited | ₹70.41 Cr (FY 2025) | 11.0% | Thane, Maharashtra, India | |||
| General Petrochemicals Private Limited | ₹70.36 Cr (FY 2025) | 3.0% | Surat, Gujarat, India | |||
| Shree Nagani Silk Mills Private Limited | ₹70.24 Cr (FY 2025) | -36.0% | Mumbai, Maharashtra, India | |||
| Hemanth Cottons Private Limited | ₹70.23 Cr (FY 2024) | 2.0% | Adilabad, Telangana, India | |||
| N B Cotex Private Limitedthis company | ₹70.22 Cr (FY 2025) | ₹7.19 Lakh | 0.1% | -23.0% | 5 | Dharangaon, Maharashtra, India |
| Suhag Prints Private Limited | ₹70.18 Cr (FY 2025) | 3.0% | Surat, Gujarat, India | |||
| Mahaveer Fibres Private Limited | ₹70.12 Cr (FY 2025) | -12.0% | Dharmabad, Maharashtra, India | |||
| Ab Cotton Textiles Private Limited | ₹70.05 Cr (FY 2025) | 21.0% | Bathinda, Punjab, India | |||
| Bee K Bee Prints Private Limited | ₹70.05 Cr (FY 2022) | 22.0% | New Delhi, Delhi, India | |||
| S.D.M. Cot Spin (India) Private Limited | ₹70.04 Cr (FY 2024) | -27.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of N B Cotex Private Limited, buy the company report.
Auditor
N B Cotex Private Limited is audited by MANISH DAVE & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANISH DAVE & CO | FY 2023 | 118396W |
Shareholding
The shareholding of N B Cotex 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 N B Cotex Private Limited, buy the company report.
Charges & borrowings
Open charges
₹29.85 Cr
Satisfied charges
₹6.04 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Sep 2021 | 100483051 | Others | ₹9.85 Cr | Open | |
| 19 Dec 2011 | 10329817 | Others | ₹10 Cr | Open | |
| 19 Dec 2011 | 10329820 | Others | ₹10 Cr | Open | |
| 31 Mar 2022 | 100560411 | Others | ₹2.02 Cr | Satisfied | |
| 28 Aug 2020 | 100364865 | Others | ₹2.02 Cr | Satisfied |
To see the full charge records of N B Cotex Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
N B Cotex Private Limited has 7 deals on record (4 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹2.69 Cr; the latest was in April 2024.
Total deals
7
Secondary share transfers
4
Funding rounds
2
Rights issue
1
Disclosed funding
₹2.69 Cr
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 3 individuals |
| Sep 2017 | Rights issue | ₹50 Lakh | Investors: 4 individuals |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Mar 2014 | Funding round | ₹80 Lakh | Investors: 4 individuals |
To see the full deal history of N B Cotex Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
N B Cotex Private Limited has 4 court cases on record: 3 filed by N B Cotex, 1 filed against it. 3 cases are pending and 1 is disposed.
Total cases
4
Filed by the company
3
Filed against the company
1
Pending
3
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 3 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jalgaon, Maharashtra | Commercial suit | Filed by the company against Vitthal Corporation Limited | Pending |
| District court, Mohali, Punjab | Civil suit | Filed against the company by Nahar Industrial Enterprises Ltd | Pending |
| District court, Jalgaon, Maharashtra | Commercial suit | Filed by the company against Nahar Industrial Enterprisess Ltd Through Its Authorised Signatory Munish Arora | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appl WCA B) | Filed by the company against an individual | Disposed |
To see the full case history of N B Cotex 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.
Credit ratings & regulatory alerts
N B Cotex Private Limited was last rated by Crisil on 29 Jun 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 29 Jun 2020 |
To see the full credit ratings and regulatory alerts of N B Cotex Private Limited, buy the company report.
MSME payment delays
N B Cotex Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Mahavir Cotton Industries | |||
| Jay Khodiyar Industries |
To see the full MSME payment records of N B Cotex Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
N B Cotex Private Limited has a workforce of 5 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
5
Active EPFO establishments
1
Employee growth
-16.67%
GST
N B Cotex has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of N B Cotex Private Limited, buy the company report.
Recent activity
N B Cotex Private Limited has 3 board changes on record since 2011: 3 appointments. The latest: Haresh Nathalal Jani was appointed as Director on 29 Jun 2011.
AGM
N B Cotex Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
N B Cotex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge registered on 31 Mar 2022 via Charge ID 100560411 with Others was fully satisfied on 07 Mar 2024.
Charges
A charge registered on 28 Aug 2020 via Charge ID 100364865 with Others was fully satisfied on 07 Mar 2024.
Charges
A charge registered on 20 Jul 2020 via Charge ID 100357043 with Others was fully satisfied on 24 Nov 2023.
Charges
A charge registered on 20 May 2020 via Charge ID 100338641 with Others was fully satisfied on 24 Nov 2023.
Charges
A charge with Others of Rs. 10.00 Cr registered on 19 Dec 2011 with Charge ID 10329817 was modified on 24 Nov 2023.
Charges
A charge with Others of Rs. 10.00 Cr registered on 19 Dec 2011 with Charge ID 10329820 was modified on 24 Nov 2023.
Charges
A charge with Others amounted to Rs. 2.02 Cr with Charge ID 100560411 was registered on 31 Mar 2022.
Charges
A charge with Others amounted to Rs. 9.85 Cr with Charge ID 100483051 was registered on 24 Sep 2021.
Charges
A charge with Others amounted to Rs. 2.02 Cr with Charge ID 100364865 was registered on 28 Aug 2020.
Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100357043 was registered on 20 Jul 2020.
7 earlier events are in the company report.
Frequently asked questions
N B Cotex is an active private limited company based in Dharangaon, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 29 June 2011 (15+ years old) and is registered under CIN U17200MH2011PTC219248.
N B Cotex has 3 current directors:
- Nitin Nandlal Karwa - Director
- Nathalal Babulal Jani - Director
- Haresh Nathalal Jani - Director
The latest financial statements of N B 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.
No. N B Cotex has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of N B Cotex is U17200MH2011PTC219248. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
N B Cotex has 4 court cases on record: 3 filed by the company and 1 filed against it. 3 are pending.
N B Cotex was incorporated on 29 June 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
N B Cotex has 7 deals on record (4 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹2.69 Cr; the latest was in April 2024.
The peers of N B Cotex by revenue are Platinum Fabrics Private Limited, General Petrochemicals Private Limited, Shree Nagani Silk Mills Private Limited, Hemanth Cottons Private Limited, Suhag Prints Private Limited and 4 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Haresh Nathalal Jani was appointed as Director on 29 Jun 2011. Nathalal Babulal Jani was appointed as Director on 29 Jun 2011. Nitin Nandlal Karwa was appointed as Director on 29 Jun 2011.
Yes, N B Cotex is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-14-0033933).
N B Cotex has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 overdue payments to 2 micro and small suppliers. The latest return was filed on 29 May 2019.