About Raymond Luxury Cottons Limited
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Raymond Luxury Cottons Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Raymond Limited. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 27 October 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17120MH2004PLC149276. Its GSTIN is 27AACCR9962M2ZK (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹210 Cr and a paid-up capital of ₹127.68 Cr. It was formerly known as Raymond Zambaiti Private Limited and Microlite Textile P Ltd. It is led by directors including Anupam Dikshit (Whole-Time Director) and Vijay Nana Patil.
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at New Hind House Narottammorarji Marg Ballard Estate Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2025, the company reported a revenue of ₹858.56 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹36.87 Cr (net margin 4.3%) and EBITDA of ₹114.17 Cr (EBITDA margin 13.3%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 6% over five years.
The company has about 1,588 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Raymond. As per MCA filings, the company has open charges of ₹275 Cr and satisfied charges of ₹629.7 Cr on record. Court records list 180 cases involving the company, including 8 filed by the company and 172 filed against it; 54 cases are pending. The company has 3 deals on record (1 rights issue, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹5 Cr; the latest was in April 2023. Its 6 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 3 larger and 3 smaller; the largest is Shree Siddhivinayak Cotspin Private Limited with revenue of ₹898.99 Cr. The company has 34 MSME Form 1 returns on record between 2019 and 2024, listing 14,818 overdue payments to 373 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website raymond.in.
Company details
Name history
Raymond Luxury Cottons has undergone 3 name changes throughout its history. The company was previously known as Raymond Zambaiti Private Limited, Microlite Textile P Ltd, and Raymond Zambaiti Limited. The current legal name is Raymond Luxury Cottons Limited.
| Company Name | Status |
|---|---|
| Raymond Luxury Cottons Limited | Current |
| Raymond Zambaiti Private Limited | Previous |
| Microlite Textile P Ltd | Previous |
| Raymond Zambaiti Limited | Previous |
CIN history
Raymond Luxury Cottons has one previous CIN (Corporate Identification Number): U17120MH2004PTC149276. The current CIN is U17120MH2004PLC149276, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17120MH2004PLC149276 | Current |
| U17120MH2004PTC149276 | Previous |
Contact details
Raymond Luxury Cottons Limited's registered office is in Mumbai, Maharashtra. Its website is raymond.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNew Hind House Narottammorarji Marg Ballard Estate Fort, Mumbai, Maharashtra, India – 400001
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Raymond Luxury Cottons 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
Brands
Raymond Luxury Cottons operates one associated brand: Raymond. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Casual wear for men and women is offered by Raymond. | raymond.in |
Business activity
The main business activity of Raymond Luxury Cottons 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 Raymond Luxury Cottons Limited, buy the company report.
Financials of Raymond Luxury Cottons Limited
FY 2025 filings availableRaymond Luxury Cottons Limited reported revenue of ₹858.56 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 2% growth in the latest year. EBITDA rose 20% 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 |
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| Total Expenses | |||||
| EBITDA | ₹114.17 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹36.87 Cr | ||||
| Balance Sheet | |||||
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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 | 13.3% | ||||
| Net Profit Margin | 4.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Raymond Luxury Cottons Limited, buy the company report.
Board of directors of Raymond Luxury Cottons Limited
Raymond Luxury Cottons has 3 current directors and 30 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anupam Dikshit | Whole-Time Director | 02 Aug 2024 | 2 Years 3 Months | Current |
| Vijay Nana Patil Also directs: Raymond Woollen Outerwear Limited, Celebrations Apparel Limited, Scissors Engineering Products Limited and 4 more | Director | 08 Feb 2021 | 5 Years 9 Months | Current |
| Rashmi Brijgopal Mundada Also directs: Retail Hub Solutions Limited, Raymond Limited, JK Maini Precision Technology Limited and 3 more | Director | 16 Mar 2018 | 8 Years 7 Months | Current |
Peer comparison
Raymond Luxury Cottons Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Shree Siddhivinayak Cotspin Private Limited | ₹898.99 Cr (FY 2024) | 37.0% | Mumbai, Maharashtra, India | |||
| Skaps Industries India Private Limited | ₹883.53 Cr (FY 2025) | 10.0% | Ahmedabad, Gujarat, India | |||
| Winsome Textile Industries Limited | ₹868.16 Cr (FY 2025) | 5.0% | Himachal Pradesh, India | |||
| Raymond Luxury Cottons Limitedthis company | ₹858.56 Cr (FY 2025) | ₹36.87 Cr | 4.3% | 2.0% | 1,588 | Mumbai, Maharashtra, India |
| Ganga Acrowools Limited | ₹856.49 Cr (FY 2025) | 10.0% | Ludhiana, Punjab, India | |||
| Sri Cheran Synthetics India Private Limited | ₹855.61 Cr (FY 2021) | -1.0% | Erode, Tamil Nadu, India | |||
| Ganges Jute Private Limited | ₹840.38 Cr (FY 2025) | -10.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Raymond Luxury Cottons Limited, buy the company report.
Auditor
Raymond Luxury Cottons Limited is audited by Chaturvedi & Shah LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Chaturvedi & Shah LLP | FY 2023 | 101720W/ W100355 |
Shareholding
The shareholding of Raymond Luxury Cottons 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 Raymond Luxury Cottons Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Sep 2014 | 10527462 | Others | ₹40 Cr | Open | |
| 07 Nov 2012 | 10389791 | Others | ₹117.5 Cr | Open | |
| 19 Aug 2005 | 80007223 | State Bank of India | ₹117.5 Cr | Open | |
| 28 Mar 2023 | 100706214 | Others | ₹65 Cr | Satisfied | |
| 21 Dec 2021 | 100552722 | Others | ₹6.22 Cr | Satisfied |
To see the full charge records of Raymond Luxury Cottons Limited, buy the company report.
Total charge records: 16 View all charges
Deals & funding
Raymond Luxury Cottons Limited has 3 deals on record (1 rights issue, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹5 Cr; the latest was in April 2023.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2023 | Secondary share transfer | Undisclosed | Seller: an individual |
| Nov 2014 | Rights issue | ₹81.68 Cr | Investors: Raymond Limited |
| Sep 2013 | Funding round | ₹5 Cr | Investors: Raymond Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Raymond Luxury Cottons Limited has 180 court cases on record: 8 filed by Raymond Luxury Cottons, 172 filed against it. 54 cases are pending and 126 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 173 | 166 | 52 |
| High courts | 6 | 5 | 2 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 180)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Condn of Delay ULP) | Filed against the company by an individual | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Ref-IDA) | Filed by the company against an individual | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Condn of Delay ULP) | Filed against the company by an individual | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Condn of Delay ULP) | Filed against the company by an individual | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Condn of Delay ULP) | Filed against the company by an individual | Pending |
To see the full case history of Raymond Luxury Cottons 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
Raymond Luxury Cottons Limited was last rated by Care on 01 Dec 2025.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 01 Dec 2025 |
To see the full credit ratings and regulatory alerts of Raymond Luxury Cottons Limited, buy the company report.
MSME payment delays
Raymond Luxury Cottons Limited has 34 MSME Form 1 returns on record between 2019 and 2024, listing 14,818 overdue payments to 373 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 (5 of 373)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Filtra Consultants and Engineers Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Raymond Luxury Cottons Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Raymond Luxury Cottons Limited has a workforce of 1,588 employees on its EPFO records as of Apr 04, 2024, across 2 active EPFO establishments.
GST
Raymond Luxury Cottons has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCR9962M2ZK | Maharashtra | Active | 30 Jun 2017 |
| 27AACCR9962M1ZL | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Raymond Luxury Cottons Limited, buy the company report.
Recent activity
Raymond Luxury Cottons Limited has 29 board changes on record since 2007: 3 appointments and 26 cessations. The latest: Anupam Dikshit ceased to be Additional Director on 25 Sep 2024.
60 earlier events are in the company report.
News
Frequently asked questions
Raymond Luxury Cottons 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 27 October 2004 (22+ years old) and is registered under CIN U17120MH2004PLC149276.
Raymond Luxury Cottons has 3 current directors:
- Anupam Dikshit - Whole-Time Director
- Vijay Nana Patil - Director
- Rashmi Brijgopal Mundada - Director
The latest financial statements of Raymond Luxury Cottons on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Raymond Luxury Cottons is 27AACCR9962M2ZK, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AACCR9962M1ZL (Maharashtra).
The CIN (Corporate Identification Number) of Raymond Luxury Cottons is U17120MH2004PLC149276. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Raymond Luxury Cottons has 180 court cases on record: 8 filed by the company and 172 filed against it. 54 are pending. Most are in the district courts.
Raymond Luxury Cottons was incorporated on 27 October 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
Raymond Luxury Cottons has 3 deals on record (1 rights issue, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹5 Cr; the latest was in April 2023.
The peers of Raymond Luxury Cottons by revenue are Shree Siddhivinayak Cotspin Private Limited, Skaps Industries India Private Limited, Winsome Textile Industries Limited, Ganga Acrowools Limited, Sri Cheran Synthetics India Private Limited and 1 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Anupam Dikshit ceased to be Additional Director on 25 Sep 2024. Anupam Dikshit was appointed as Whole-Time Director on 02 Aug 2024. Vikram Mahaldar ceased to be Additional Director on 19 Apr 2023. Raymond Luxury Cottons has 29 board changes on record in total.
Raymond Luxury Cottons has 34 MSME Form 1 returns on record between 2019 and 2024, listing 14,818 overdue payments to 373 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Raymond Luxury Cottons can be reached through the website raymond.in. Its registered office is in Mumbai, Maharashtra, India.
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