MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-09-0005262
Shyam Cotsyn India Ltd
Shyam Cotsyn India Ltd - consumer goods in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹4.08 Cr
▼ 9% YoY
Net profit · FY 2025
₹34 Lakh
Net margin 8.3%
EBITDA · FY 2025
₹83.67 Lakh
EBITDA margin 20.5%
Authorised capital
₹8.5 Cr
Registered with MCA
Paid-up capital
₹8.5 Cr
Issued & subscribed
Open charges
₹28.46 Cr
Satisfied ₹13.57 Cr
Company age
34 yrs
Est. 1992
Employees · EPFO
11
Provident fund records
About Shyam Cotsyn India Ltd
Data last updated:
Shyam Cotsyn India Ltd is a public limited company based in Ahmedabad, Gujarat, India. It operates in the home furnishings manufacturing segment of the consumer goods sector. It was incorporated on 10 June 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ1992PLC017794. Its GSTIN is 24AACCS7848H1Z4 (Gujarat). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹8.5 Cr and a paid-up capital of ₹8.5 Cr. It is led by directors including Om Prakash Garg and Parag Garg.
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 2025, the company reported a revenue of ₹4.08 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹34 Lakh (net margin 8.3%) and EBITDA of ₹83.67 Lakh (EBITDA margin 20.5%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 3% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹28.46 Cr and satisfied charges of ₹13.57 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
Shyam Cotsyn India Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-09-0005262). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U45201GJ1992PLC017794
Registration Number 017794
Incorporation Date 10 June 1992
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 Small
Udyam Registration UDYAM-DL-09-0005262
Recognitions & Rankings of Shyam Cotsyn India
Contact details
Shyam Cotsyn India Ltd's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSurvey No. 150 Vill – Rohika Nr. Bansidhar Petrol Pump Dholka Chowkd, I, Ahmedabad, Gujarat, India – 382230
- IndustryConsumer Goods, Home Furnishings Manufacturing
To see the full contact details of Shyam Cotsyn India Ltd, buy the company report.
Comprehensive company report
Shyam Cotsyn India Ltd - 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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Business activity
The main business activity of Shyam Cotsyn India 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 Shyam Cotsyn India Ltd, buy the company report.
Financials of Shyam Cotsyn India Ltd
FY 2024 filings availableShyam Cotsyn India Ltd reported revenue of ₹4.08 Cr (down 9% YoY) for FY 2025.
Revenue · FY 2025
₹4.08 Cr ▼ 9%
Net profit · FY 2025
₹34 Lakh margin 8.3%
EBITDA · FY 2025
₹83.67 Lakh margin 20.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 9%
3 years · compounded
▼ 5%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▼ 33%
3 years · compounded
▼ 4%
5 years · compounded
▼ 5%
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 9% fall in the latest year. EBITDA fell 33% 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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| Revenue from Operations | |||||
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| Cost of Materials Consumed | |||||
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| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹83.67 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹34 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
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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 | 20.5% | ||||
| Net Profit Margin | 8.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Shyam Cotsyn India Ltd, buy the company report.
Board of directors of Shyam Cotsyn India Ltd
Shyam Cotsyn India has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Om Prakash Garg | Director | 08 Mar 1994 | 32 Years 7 Months | Current |
| Parag Garg Also directs: Overseas Carpets Limited., Winlex Impex Private Limited., Casarugs India Private Limited and 3 more | Director | 03 Jul 2024 | 2 Years 3 Months | Current |
| Pushpa Garg Also directs: Dwaresh Overseas Construction Private Limited | Director | 21 Jun 2024 | 2 Years 4 Months | Current |
| Swati Garg | Director | 21 Jun 2024 | 2 Years 4 Months | Current |
Peer comparison
Shyam Cotsyn India Ltd is compared with the 5 companies closest to it by revenue in the Consumer Products industry (Home Furnishings Manufacturers, 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 |
|---|---|---|---|---|---|---|
| Star Narrow Fabrics India Private Limited | ₹4.09 Cr (FY 2019) | 105.0% | Chennai, Tamil Nadu, India | |||
| Shree KVM Synthetics Private Limited | ₹4.08 Cr (FY 2025) | -9.0% | Surat, Gujarat, India | |||
| Shyam Cotsyn India Ltdthis company | ₹4.08 Cr (FY 2025) | ₹34 Lakh | 8.3% | -9.0% | 11 | Ahmedabad, Gujarat, India |
| Maagayatri Creations Private Limited | ₹4.08 Cr (FY 2025) | 22.0% | Surat, Gujarat, India | |||
| B-Arin Fabrics Private Limited | ₹4.07 Cr (FY 2016) | -20.0% | Surat, Gujarat, India | |||
| Unicolour Textiles Private Limited | ₹4.07 Cr (FY 2024) | 48.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Shyam Cotsyn India Ltd, buy the company report.
Auditor
Shyam Cotsyn India Ltd is audited by ALKESH PATEL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ALKESH PATEL & ASSOCIATES | FY 2023 | 125414W |
Shareholding
The shareholding of Shyam Cotsyn India Ltd 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 Shyam Cotsyn India Ltd, buy the company report.
Charges & borrowings
Open charges
₹28.46 Cr
Satisfied charges
₹13.57 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jun 2009 | 10166192 | Others | ₹7.3 Cr | Open | |
| 17 Jun 2009 | 10166193 | Indian Overseas Bank | ₹2.75 Cr | Open | |
| 17 Jun 2009 | 10166195 | Indian Overseas Bank | ₹8.16 Cr | Open | |
| 17 Jun 2009 | 10166197 | Indian Overseas Bank | ₹6 Cr | Open | |
| 17 Jun 2009 | 10166200 | Indian Overseas Bank | ₹2.75 Cr | Open |
To see the full charge records of Shyam Cotsyn India Ltd, buy the company report.
Total charge records: 8 View all charges
Legal cases
Shyam Cotsyn India Ltd has 2 court cases on record: 2 filed by Shyam Cotsyn India. All cases are disposed.
Total cases
2
Filed by the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against Uttar Gujarat Vij Company Ltd and 1 other | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed by the company against Shree Mrugesh M. Gajjar - Managing Director of Aquila R.O. System Pvt. Ltd. | Disposed |
To see the full case history of Shyam Cotsyn India Ltd, 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 Shyam Cotsyn India Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Shyam Cotsyn India has 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
2
Associated companies
Employees & EPFO
Shyam Cotsyn India Ltd has a workforce of 11 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
11
Active EPFO establishments
1
Employee growth
-8.33%
GST
Shyam Cotsyn India has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCS7848H1Z4 | Gujarat | Active | 01 Jul 2017 |
| 07AACCS7848H1Z0 | Delhi | Active | 01 Jul 2017 |
| 09AACCS7848H1ZW | Uttar Pradesh | Active | 30 Nov 2019 |
To see the full GST registrations and return filing status of Shyam Cotsyn India Ltd, buy the company report.
Recent activity
Shyam Cotsyn India Ltd has 22 board changes on record since 1992: 13 appointments and 9 cessations. The latest: Parag Garg was appointed as Director on 03 Jul 2024.
AGM
Shyam Cotsyn India Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Appointed
Parag Garg was appointed as Director.
Ceased
Navratan Samdria ceased to be Additional Director.
Appointed
Pushpa Garg was appointed as Director.
Appointed
Swati Garg was appointed as Director.
Filing
Shyam Cotsyn India Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Ceased
Bipin Kumar Sadh ceased to be Additional Director.
Charges
A charge with Others of Rs. 7.30 Cr registered on 17 Jun 2009 with Charge ID 10166192 was modified on 25 Oct 2021.
Ceased
Vinod Kumar Tikoo ceased to be Additional Director.
Appointed
Bipin Kumar Sadh was appointed as Additional Director.
Ceased
Pankaj Garg ceased to be Additional Director.
Appointed
Navratan Samdria was appointed as Additional Director.
31 earlier events are in the company report.
Frequently asked questions
Shyam Cotsyn India is an active public limited company based in Ahmedabad, Gujarat, India. The company works in home furnishings manufacturing, within the consumer goods industry. It was incorporated on 10 June 1992 (34+ years old) and is registered under CIN U45201GJ1992PLC017794.
Shyam Cotsyn India has 4 current directors:
- Om Prakash Garg - Director
- Parag Garg - Director
- Pushpa Garg - Director
- Swati Garg - Director
The latest financial statements of Shyam Cotsyn 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 Shyam Cotsyn India is 24AACCS7848H1Z4, registered in Gujarat. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 07AACCS7848H1Z0 (Delhi), 09AACCS7848H1ZW (Uttar Pradesh).
The CIN (Corporate Identification Number) of Shyam Cotsyn India is U45201GJ1992PLC017794. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shyam Cotsyn India has 2 court cases on record: 2 filed by the company. Most are in the district courts.
Shyam Cotsyn India was incorporated on 10 June 1992, making it 34+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Shyam Cotsyn India by revenue are Star Narrow Fabrics India Private Limited, Shree KVM Synthetics Private Limited, Maagayatri Creations Private Limited, B-Arin Fabrics Private Limited, Unicolour Textiles Private Limited, all in the Consumer Products industry (Home Furnishings Manufacturers, Textiles), with the same principal business activity (textile, leather and other apparel products).
Parag Garg was appointed as Director on 03 Jul 2024. Navratan Samdria ceased to be Additional Director on 21 Jun 2024. Pushpa Garg was appointed as Director on 21 Jun 2024. Shyam Cotsyn India has 22 board changes on record in total.
Yes, Shyam Cotsyn India is registered as a small enterprise under Udyam registration (number: UDYAM-DL-09-0005262).
The registered office of Shyam Cotsyn India is at Survey No. 150 Vill – Rohika Nr. Bansidhar Petrol Pump Dholka Chowkd, I, Ahmedabad, Gujarat, India – 382230.
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