Shri Sai Cotex Private Limited

Shri Sai Cotex Private Limited - manufacturing in Bhusawal, Maharashtra, India. FY 2026 financials & compliance.
CIN U74120MH2011PTC215323 Incorporated 25 March 2011 ROC Mumbai HQ Bhusawal, Maharashtra, India
Active Private Limited Company manufacturing
Data last updated
Revenue · FY 2018
₹97.23 Lakh
▲ 5750% YoY
Net loss · FY 2018
₹9.86 Lakh
Net margin -10.1%
EBITDA · FY 2018
₹5.24 Lakh
EBITDA margin 5.4%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Satisfied charges
₹4.75 Cr
No open charges
Company age
15 yrs
Est. 2011
Directors on board
2
As per MCA filings

About Shri Sai Cotex Private Limited

Data last updated:

Shri Sai Cotex Private Limited is a private limited company based in Bhusawal, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 25 March 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2011PTC215323. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Totaram Tulasiram Patil and Ritesh Naginachand Jain.

Its last annual general meeting (AGM) was held on 30 October 2019, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Shop No.5 6 Savitribai Fule Market Below Hotel Rangoli Jamner Road Bhusawal, Maharashtra, India – 425201.

As per the financials filed for FY 2018, the company reported a revenue of ₹97.23 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹9.86 Lakh (net margin -10.1%) and EBITDA of ₹5.24 Lakh (EBITDA margin 5.4%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years.

As per MCA filings, the company has satisfied charges of ₹4.75 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.

The current compliance status is marked as active non-compliant by the Registrar of Companies.

Company Details of Shri Sai Cotex Private Limited
CIN U74120MH2011PTC215323
Registration Number 215323
Incorporation Date 25 March 2011
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 October 2019
Date of Balance Sheet 31 March 2018
Compliance Status Active Non-Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Shop No.5 6 Savitribai Fule Market Below Hotel Rangoli Jamner Road Bhusawal, Maharashtra, India – 425201
  • Industry
    Manufacturing, Textile & Fabric Production
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Financials, compliance, directors, charges, ownership and filings for Shri Sai Cotex Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Shri Sai Cotex Private Limited

The main business activity of Shri Sai Cotex is agriculture, forestry, fishing. In detail, this covers support activities to agriculture and other activities including hunting.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
AAgriculture, forestry, fishingA4Support activities to agriculture and Other Activities including huntingLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Shri Sai Cotex Private Limited FY 2018 filings available

Shri Sai Cotex Private Limited reported revenue of ₹97.23 Lakh (up 5750% YoY) for FY 2018.

Revenue · FY 2018
₹97.23 Lakh ▲ 5750%
Net loss · FY 2018
₹9.86 Lakh margin -10.1%
EBITDA · FY 2018
₹5.24 Lakh margin 5.4%

Compounded Annual Growth Rate (CAGR) of Shri Sai Cotex Private Limited

Revenue CAGR growth
3 years · compounded
▼ 17%
EBITDA CAGR growth
3 years · compounded
▼ 61%

Revenue has declined at a compounded annual rate (CAGR) of 17% over three years. 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 Shri Sai Cotex Private Limited

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
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₹5.24 Lakh••••••••••••
Profit Before Tax••••••••••••••••
Tax Expense••••••••••••••••
Net Profit (PAT)-₹9.86 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 Shri Sai Cotex Private Limited

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin5.4%••••••••••••
Net Profit Margin-10.1%••••••••••••
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••••••••••••••••

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 Shri Sai Cotex are in the company report.

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Financial statements from 2015

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Peer Comparison of Shri Sai Cotex Private Limited

Shri Sai Cotex Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Vasishtha Tex Fab Private Limited₹97.77 Lakh (FY 2025)••••••••-53.0%••••Shirpur, Maharashtra, India
Sudershan Knit-N-Sew Private Limited₹97.54 Lakh (FY 2025)••••••••21.0%••••Ludhiana, Punjab, India
OPC Woollens Private Limited₹97.54 Lakh (FY 2025)••••••••87.0%••••Bikaner, Rajasthan, India
Vidhaan Cotfab Private Limited₹97.42 Lakh (FY 2024)••••••••-77.0%••••Dhule, Maharashtra, India
GG Knit Fab Private Limited₹97.28 Lakh (FY 2020)••••••••-25.0%••••Kolkata, West Bengal, India
Shri Sai Cotex Private Limited this company₹97.23 Lakh (FY 2018)••••••••5750.0%••••Bhusawal, Maharashtra, India
Cocccon Crafts & Loom Private Limited₹97.21 Lakh (FY 2025)••••••••-27.0%••••Adityapur-1, Jharkhand, India
Rani Chennamma Textile Park Private Limited₹97.14 Lakh (FY 2016)••••••••11465.0%••••Belgaum, Karnataka, India
Rankas Texfab Private Limited₹97.14 Lakh (FY 2024)••••••••-66.0%••••Daskroi, Gujarat, India
Vardhman Suitings Private Limited₹97.12 Lakh (FY 2025)••••••••-64.0%••••Bhilwara, Rajasthan, India
Weavear Fiber (OPC) Private Limited₹97.1 Lakh (FY 2025)••••••••0.0%••••Ghaziabad, Uttar Pradesh, India

Peers are the five companies nearest above and the five nearest below Shri Sai Cotex by revenue in the Manufacturing industry (Textiles), 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 Shri Sai Cotex Private Limited

Shri Sai Cotex Private Limited is audited by S.S. LODHA AND ASSOCIATES for the financial year 2015.

NameStatusAppointment DateCessation Date
S.S. LODHA AND ASSOCIATESLockedLockedLocked
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Board of Directors of Shri Sai Cotex Private Limited

Shri Sai Cotex has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Totaram Tulasiram PatilDirector15 Jun 20206 Years 3 MonthsCurrent
Ritesh Naginachand JainDirector15 Jun 20206 Years 3 MonthsCurrent

Ownership and Shareholding of Shri Sai 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 Shri Sai Cotex Private Limited

Open charges
None
Satisfied charges
₹4.75 Cr
Breakdown by lending institutions
Bank of Maharashtra₹4.75 Cr
Latest charge details
DateLenderAmountStatus
26 Mar 2012Bank of Maharashtra₹4.75 CrSatisfied

Total charge records: 1 View all charges

Employees and EPFO Compliance at Shri Sai Cotex Private Limited

Shri Sai Cotex Private Limited has a workforce of 0 employees as of Apr 06, 2024.

Active EPFO establishments
1
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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 Shri Sai Cotex Private Limited

Shri Sai Cotex Private Limited has 11 board changes on record since 2012: 2 appointments and 9 cessations. The latest: Bhusan Suresh Chaudhari ceased to be Director on 03 Sep 2020.

Ceased
Bhusan Suresh Chaudhari ceased to be Director.
Ceased
Kailash Shyamrao Mahajan ceased to be Director.
Ceased
Kundan Dattatray Dhake ceased to be Director.
Ceased
Santosh Trambak Chaudhari ceased to be Director.
Appointed
Ritesh Naginachand Jain was appointed as Director.
Appointed
Totaram Tulasiram Patil was appointed as Director.
Charges
A charge registered on 26 Mar 2012 via Charge ID 10354772 with Bank Of Maharashtra was fully satisfied on 29 Nov 2019.
AGM
Shri Sai Cotex Private Limited last Annual general meeting of members was held on 30 Oct 2019 as per latest MCA records.
Ceased
Dheeraj Lalitkumar Bhurat ceased to be Additional Director.
Ceased
Jyoti Lalit Bhurat ceased to be Additional Director.
Ceased
Lalit Jawaharlal Bhurat ceased to be Additional Director.
Ceased
Saurabh Lalit Bhurat ceased to be Additional Director.

4 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Shri Sai Cotex Private Limited

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Shri Sai Cotex Private Limited

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Subsidiaries & Group Companies of Shri Sai Cotex Private Limited

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Corporate group structure

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GST Compliance of Shri Sai Cotex Private Limited

Shri Sai 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
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MCA Filings & Documents of Shri Sai Cotex Private Limited

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Frequently Asked Questions about Shri Sai Cotex Private Limited

Shri Sai Cotex is an active private limited company based in Bhusawal, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 25 March 2011 (15+ years old) and is registered under CIN U74120MH2011PTC215323.

Shri Sai Cotex reported revenue of ₹97.23 Lakh for FY 2018 (up 5750% YoY).

Shri Sai Cotex has 2 current directors:

Shri Sai Cotex reported a net loss of ₹9.86 Lakh (net margin -10.1%) and EBITDA of ₹5.24 Lakh (EBITDA margin 5.4%) for FY 2018, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Shri Sai Cotex is -17% over three years. CAGR is the steady yearly rate that links the first and the last year.

No. Shri Sai Cotex has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Shri Sai Cotex is U74120MH2011PTC215323. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Shri Sai Cotex has 2 court cases on record: 2 filed against it.

Shri Sai Cotex was incorporated on 25 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Shri Sai Cotex by revenue are Vasishtha Tex Fab Private Limited, Sudershan Knit-N-Sew Private Limited, OPC Woollens Private Limited, Vidhaan Cotfab Private Limited, GG Knit Fab Private Limited and 5 more, all in the Manufacturing industry (Textiles).

Bhusan Suresh Chaudhari ceased to be Director on 03 Sep 2020. Kailash Shyamrao Mahajan ceased to be Director on 03 Sep 2020. Kundan Dattatray Dhake ceased to be Director on 03 Sep 2020. Shri Sai Cotex has 11 board changes on record in total.

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