MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-09-0004133
Sarasswati Cotex Private Limited
Sarasswati Cotex Private Limited - appreal & fashion in Dhule, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹21.89 Lakh
▲ 18% YoY
Net loss · FY 2025
₹26.35 Lakh
Net margin -120.4%
EBITDA · FY 2025
-₹23.73 Lakh
EBITDA margin -108.4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹50 Lakh
Satisfied ₹75 Lakh
Company age
19 yrs
Est. 2007
Directors on board
2
As per MCA filings
About Sarasswati Cotex Private Limited
Data last updated:
Sarasswati Cotex Private Limited is a private limited company based in Dhule, Maharashtra, India. It operates in the leather segment of the apparel and fashion sector. It was incorporated on 29 March 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17120MH2007PTC169384. Its GSTIN is 27AALCS0849R1ZH (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Navin Gurumukhdas Haswani and Padmakar Fakira Shirsath.
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 S.No.239/3 Tande Tal – Shirpur Dist – Dhule, Maharashtra, India – 425405.
As per the financials filed for FY 2025, the company reported a revenue of ₹21.89 Lakh, a growth of 18% compared to the previous year. For the same year it recorded a net loss of ₹26.35 Lakh (net margin -120.4%) and EBITDA of -₹23.73 Lakh (EBITDA margin -108.4%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 3% over five years.
As per MCA filings, the company has open charges of ₹50 Lakh and satisfied charges of ₹75 Lakh on record.
Sarasswati Cotex Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-09-0004133). The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Sarasswati Cotex Private Limited
CIN U17120MH2007PTC169384
Registration Number 169384
Incorporation Date 29 March 2007
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 Micro
Udyam Registration UDYAM-MH-09-0004133
Recognitions & Rankings of Sarasswati Cotex
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressS.No.239/3 Tande Tal – Shirpur Dist – Dhule, Maharashtra, India – 425405
- IndustryAppreal & Fashion, Leather, Textile, Apparel
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Business Activity of Sarasswati Cotex Private Limited
The main business activity of Sarasswati 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 |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Sarasswati Cotex Private Limited FY 2025 filings available
Sarasswati Cotex Private Limited reported revenue of ₹21.89 Lakh (up 18% YoY) for FY 2025.
Revenue · FY 2025
₹21.89 Lakh ▲ 18%
Net loss · FY 2025
₹26.35 Lakh margin -120.4%
EBITDA · FY 2025
-₹23.73 Lakh margin -108.4%
Compounded Annual Growth Rate (CAGR) of Sarasswati Cotex Private Limited
Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 5%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▲ 11%
3 years · compounded
▼ 15%
5 years · compounded
▼ 5%
Revenue rose 18% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA rose 11% 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 Sarasswati Cotex Private 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹23.73 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹26.35 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 Sarasswati Cotex Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -108.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -120.4% | •••• | •••• | •••• | •••• |
| 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 Sarasswati Cotex are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
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Board of Directors of Sarasswati Cotex Private Limited
Sarasswati Cotex has 2 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 |
|---|---|---|---|---|
| Navin Gurumukhdas Haswani Also directs: Yamuna Textiles Priavte Limited, Pukhraj Textiles Private Limited, Pushkar Tex Fab Private Limited and 4 more | Director | 17 Aug 2018 | 8 Years 2 Months | Current |
| Padmakar Fakira Shirsath Also directs: Pushkar Tex Fab Private Limited, Akshara Texfab Private Limited, Deesan Ginning and Pressing Private Limited and 3 more | Director | 17 Aug 2018 | 8 Years 2 Months | Current |
Peer Comparison of Sarasswati Cotex Private Limited
Sarasswati Cotex Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Textile, leather and other apparel products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Yuvagi India Private Limited | ₹22.01 Lakh (FY 2018) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Bymo Fashion Private Limited | ₹21.94 Lakh (FY 2024) | •••• | •••• | 5.0% | •••• | Bhubaneswar, Odisha, India |
| Paaprika Clothing Private Limited | ₹21.94 Lakh (FY 2024) | •••• | •••• | 105.0% | •••• | Gurgaon, Haryana, India |
| Yug Trademart Private Limited | ₹21.94 Lakh (FY 2025) | •••• | •••• | -3.0% | •••• | Cod, Uttar Pradesh, India |
| Luvelle Textiles Private Limited | ₹21.92 Lakh (FY 2024) | •••• | •••• | 170.0% | •••• | Greater Noida, Uttar Pradesh, India |
| Sarasswati Cotex Private Limited this company | ₹21.89 Lakh (FY 2025) | •••• | •••• | 18.0% | •••• | Dhule, Maharashtra, India |
| Emnisa Productions Private Limited | ₹21.88 Lakh (FY 2024) | •••• | •••• | 13.0% | •••• | Agra, Uttar Pradesh, India |
| 2J Apparels Private Limited | ₹21.84 Lakh (FY 2023) | •••• | •••• | •••• | Jabalpur, Madhya Pradesh, India | |
| Angel Foams Private Limited | ₹21.82 Lakh (FY 2021) | •••• | •••• | 6.0% | •••• | Thrissur, Kerala, India |
| H. Jeelani Leathers Private Limited | ₹21.81 Lakh (FY 2025) | •••• | •••• | -54.0% | •••• | Vellore, Tamil Nadu, India |
| Sif Garments Private Limited | ₹21.79 Lakh (FY 2023) | •••• | •••• | 375520.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Sarasswati Cotex by revenue in the same principal business activity (Textile, leather and other apparel products), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Sarasswati Cotex Private Limited
Sarasswati Cotex Private Limited is audited by VIJAYKUMARMISHRILALRATHI for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VIJAYKUMARMISHRILALRATHI | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Sarasswati Cotex Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Sarasswati Cotex Private Limited
Open charges
₹50 Lakh
Satisfied charges
₹75 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Oct 2016 | Others | ₹50 Lakh | Open |
| 19 Dec 2007 | State Bank of India | ₹75 Lakh | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Sarasswati Cotex Private Limited
Employment history and EPFO contributions of people linked to Sarasswati Cotex.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Sarasswati Cotex Private Limited
Sarasswati Cotex Private Limited has 7 board changes on record since 2018: 2 appointments and 5 cessations. The latest: Ujwalkumar Parasmal Pagariya ceased to be Director on 06 Jun 2019.
AGM
Sarasswati Cotex Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Sarasswati Cotex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Ceased
Ujwalkumar Parasmal Pagariya ceased to be Director.
Ceased
Navin Gurumukhdas Haswani ceased to be Additional Director.
Ceased
Padmakar Fakira Shirsath ceased to be Additional Director.
Ceased
Ashabai Gulab Koli ceased to be Director.
Appointed
Navin Gurumukhdas Haswani was appointed as Director.
Appointed
Padmakar Fakira Shirsath was appointed as Director.
Ceased
Sudam Natthu Bhalkar ceased to be Director.
Charges
A charge with Others amounted to Rs. 50.00 Lakh with Charge ID 100113604 was registered on 26 Oct 2016.
Charges
A charge registered on 19 Dec 2007 via Charge ID 10161383 with State Bank Of India was fully satisfied on 08 Jul 2015.
Charges
A charge with State Bank Of India amounted to Rs. 75.00 Lakh with Charge ID 10161383 was registered on 19 Dec 2007.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Sarasswati Cotex Private Limited
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MSME Payment Delays by Sarasswati Cotex Private Limited
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Subsidiaries & Group Companies of Sarasswati Cotex Private Limited
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Corporate group structure
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GST Compliance of Sarasswati Cotex Private Limited
Sarasswati Cotex has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AALCS0849R1ZH | Maharashtra | Active | 01 Jul 2017 |
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MCA Filings & Documents of Sarasswati Cotex Private Limited
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MCA filings and documents
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Frequently Asked Questions about Sarasswati Cotex Private Limited
Sarasswati Cotex is an active private limited company based in Dhule, Maharashtra, India. The company works in leather, within the apparel and fashion industry. It was incorporated on 29 March 2007 (19+ years old) and is registered under CIN U17120MH2007PTC169384.
Sarasswati Cotex reported revenue of ₹21.89 Lakh for FY 2025 (up 18% YoY).
Sarasswati Cotex has 2 current directors:
- Navin Gurumukhdas Haswani - Director
- Padmakar Fakira Shirsath - Director
Sarasswati Cotex reported a net loss of ₹26.35 Lakh (net margin -120.4%) and EBITDA of -₹23.73 Lakh (EBITDA margin -108.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sarasswati Cotex is 5% over three years and -3% over five years. In the latest year (FY 2025) revenue rose 18%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Sarasswati Cotex is 27AALCS0849R1ZH, registered in Maharashtra.
The CIN (Corporate Identification Number) of Sarasswati Cotex is U17120MH2007PTC169384. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sarasswati Cotex was incorporated on 29 March 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Sarasswati Cotex by revenue are Yuvagi India Private Limited, Bymo Fashion Private Limited, Paaprika Clothing Private Limited, Yug Trademart Private Limited, Luvelle Textiles Private Limited and 5 more, all in the same principal business activity (Textile, leather and other apparel products).
Ujwalkumar Parasmal Pagariya ceased to be Director on 06 Jun 2019. Navin Gurumukhdas Haswani ceased to be Additional Director on 30 Sep 2018. Padmakar Fakira Shirsath ceased to be Additional Director on 30 Sep 2018. Sarasswati Cotex has 7 board changes on record in total.
Yes, Sarasswati Cotex is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-09-0004133).