About Siddhi Cotspin Limited
Data last updated:
Siddhi Cotspin Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 23 November 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L17123GJ2015PLC085135. Its GSTIN is 24AAWCS4769H1ZM (Gujarat). It is a listed company as per MCA records. Its shares are listed on NSE: SIDDHICOTS.
The company has an authorised share capital of ₹24.9 Cr and a paid-up capital of ₹24.41 Cr. It is led by directors including Navin Saraogi (Managing Director) and Aansh Rajesh Bindal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 31 August 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Sector 3, Ahmedabad, Gujarat.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹478.14 Cr, a decline of 34% compared to the previous year. For the same year it recorded a net profit of ₹9.65 Cr (net margin 2%) and EBITDA of ₹25.76 Cr (EBITDA margin 5.4%). The net worth stands at ₹136.24 Cr (up 71.7% YoY). Total assets are valued at ₹164.07 Cr (up 11.8% YoY).
The company has about 204 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Siddhi Cotspin. As per MCA filings, the company has open charges of ₹60 Cr and satisfied charges of ₹316.26 Cr on record. The company has 1 deal on record (1 ipo); the latest was in September 2025.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website siddhicotspin.com.
Company details
CIN history
Siddhi Cotspin has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L17123GJ2015PLC085135, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L17123GJ2015PLC085135 | Current |
| U17123GJ2015PTC085135 | Previous |
| U17123GJ2015PLC085135 | Previous |
Contact details
Siddhi Cotspin Limited's registered office is in Ahmedabad, Gujarat. Its website is siddhicotspin.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSurvey 279 & 280 Unit No.13 Sub Plot No. 18 Sector 3 Of Dholi Integrated Spinning Pa, Rk, Ahmedabad, Gujarat, India – 382240
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Siddhi Cotspin 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
Siddhi Cotspin operates one associated brand: Siddhi Cotspin. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of cotton yarns and related products in the textile industry. | siddhicotspin.com |
Financials of Siddhi Cotspin Limited
FY 2025-26 filings availableSiddhi Cotspin Limited reported revenue of ₹478.14 Cr (down 34% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 478 | 725 | 581 | 199 | 402 | 137 | 178 |
| Revenue growth | -34.0% | +24.7% | +191.4% | -50.5% | +192.8% | -22.6% | - |
| EBITDA | 25.76 | 32.86 | 34.72 | 24.96 | 32.52 | 24.20 | 23.57 |
| EBITDA margin | +5.4% | +4.5% | +6.0% | +12.5% | +8.1% | +17.6% | +13.3% |
| Profit before tax | 13.39 | 17.61 | 17.28 | 8.76 | 10.60 | 3.40 | 3.80 |
| Net profit | 9.65 | 13.07 | 12.18 | 6.05 | 8.92 | 2.44 | 2.74 |
| Net profit margin | +2.0% | +1.8% | +2.1% | +3.0% | +2.2% | +1.8% | +1.5% |
| EPS (₹) | 4.38 | 6.72 | 6.26 | 14.73 | 21.71 | 5.96 | 6.68 |
| Balance sheet | |||||||
| Total assets | 164 | 147 | 157 | 168 | 189 | 175 | 170 |
| Net worth | 136 | 79.37 | 66.36 | 54.17 | 50.01 | 41.10 | 38.00 |
| Total debt | 27.49 | 67.11 | 90.58 | 114 | 139 | 134 | 132 |
| Cash & bank | 4.15 | 1.74 | 1.75 | 14.73 | 11.57 | 2.18 | 0.70 |
| Net working capital | 99.18 | 91.64 | 93.03 | 96.27 | 111 | 79.38 | 62.94 |
| Cash flow | |||||||
| Cash from operations | 15.92 | 28.96 | 18.66 | 28.41 | 25.66 | 14.27 | 17.50 |
| Cash from investing | (17.99) | 0.50 | (0.05) | (0.83) | (4.15) | (1.69) | 0.45 |
| Cash from financing | 4.47 | (29.47) | (31.59) | (32.77) | (1.96) | (11.10) | (17.31) |
| Particulars | Mar 2024 |
|---|---|
| Revenue | 223 |
| Other income | 0.04 |
| Total expenses | 214 |
| EBITDA | 9.89 |
| EBITDA margin | +4.4% |
| Depreciation | 2.34 |
| Interest | 1.96 |
| Profit before tax | 5.63 |
| Tax | 1.46 |
Financial Statements
| Particulars | Mar 2024 |
|---|---|
| Revenue | 223 |
| Other income | 0.04 |
| Total expenses | 214 |
| EBITDA | 9.89 |
| EBITDA margin | +4.4% |
| Depreciation | 2.34 |
| Interest | 1.96 |
| Profit before tax | 5.63 |
| Tax | 1.46 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 478 | 725 | 581 | 199 | 402 | 137 | 178 |
| Revenue growth | -34.0% | +24.7% | +191.4% | -50.5% | +192.8% | -22.6% | - |
| Other income | 0.13 | 0.11 | 0.29 | 0.56 | 0.66 | 0.59 | 0.66 |
| Total expenses | 452 | 692 | 546 | 174 | 370 | 113 | 154 |
| Employee cost | 0.00 | 7.82 | 6.72 | 4.81 | 7.12 | 5.30 | 5.55 |
| EBITDA | 25.76 | 32.86 | 34.72 | 24.96 | 32.52 | 24.20 | 23.57 |
| EBITDA margin | +5.4% | +4.5% | +6.0% | +12.5% | +8.1% | +17.6% | +13.3% |
| Depreciation | 9.38 | 9.36 | 9.34 | 9.20 | 16.82 | 12.70 | 12.67 |
| Interest | 3.12 | 6.00 | 8.39 | 7.56 | 5.76 | 8.69 | 7.76 |
| Profit before tax | 13.39 | 17.61 | 17.28 | 8.76 | 10.60 | 3.40 | 3.80 |
| Tax | 3.74 | 4.54 | 5.10 | 2.71 | 1.68 | 0.96 | 1.06 |
| Net profit | 9.65 | 13.07 | 12.18 | 6.05 | 8.92 | 2.44 | 2.74 |
| Net profit margin | +2.0% | +1.8% | +2.1% | +3.0% | +2.2% | +1.8% | +1.5% |
| EPS (₹) | 4.38 | 6.72 | 6.26 | 14.73 | 21.71 | 5.96 | 6.68 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 24.41 | 19.46 | 19.46 | 4.42 | 4.42 | 4.42 | 4.38 |
| Reserves & surplus | 112 | 59.91 | 46.90 | 49.75 | 45.59 | 36.68 | 33.62 |
| Shareholders' funds (net worth) | 136 | 79.37 | 66.36 | 54.17 | 50.01 | 41.10 | 38.00 |
| Secured loans | 17.42 | 69.05 | 76.45 | 90.72 | 85.77 | 76.16 | 77.16 |
| Unsecured loans | 10.07 | (1.94) | 14.13 | 23.06 | 53.26 | 57.38 | 54.52 |
| Total debt | 27.49 | 67.11 | 90.58 | 114 | 139 | 134 | 132 |
| Total liabilities | 164 | 147 | 157 | 168 | 189 | 175 | 170 |
| Assets | |||||||
| Gross block | 146 | 145 | 145 | 144 | 142 | 141 | 139 |
| Net block | 50.02 | 57.96 | 67.24 | 76.24 | 82.70 | 98.69 | 109 |
| Capital work in progress | 17.20 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 45.75 | 49.97 | 22.88 | 22.15 | 28.88 | 18.74 | 16.83 |
| Sundry debtors | 50.19 | 61.62 | 70.68 | 48.06 | 43.42 | 31.16 | 39.01 |
| Cash & bank balances | 4.15 | 1.74 | 1.75 | 14.73 | 11.57 | 2.18 | 0.70 |
| Loans & advances | 9.40 | 10.97 | 17.67 | 21.90 | 34.02 | 32.32 | 22.22 |
| Total current assets | 109 | 124 | 113 | 107 | 118 | 84.40 | 78.76 |
| Total current liabilities | 10.31 | 32.66 | 19.95 | 10.57 | 6.77 | 5.02 | 15.82 |
| Net working capital | 99.18 | 91.64 | 93.03 | 96.27 | 111 | 79.38 | 62.94 |
| Total assets | 164 | 147 | 157 | 168 | 189 | 175 | 170 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 1.74 | 1.75 | 14.73 | 19.92 | 2.18 | 0.70 | 0.06 |
| Net cash from operating activities | 15.92 | 28.96 | 18.66 | 28.41 | 25.66 | 14.27 | 17.50 |
| Net cash from investing activities | (17.99) | 0.50 | (0.05) | (0.83) | (4.15) | (1.69) | 0.45 |
| Net cash from financing activities | 4.47 | (29.47) | (31.59) | (32.77) | (1.96) | (11.10) | (17.31) |
| Net change in cash | 2.41 | (0.01) | (12.98) | (5.19) | 19.55 | 1.48 | 0.64 |
| Closing cash | 4.15 | 1.74 | 1.75 | 14.73 | 11.57 | 2.18 | 0.70 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -34.0% | +24.7% | +191.4% | -50.5% | +192.8% | -22.6% | - |
| EBITDA growth | -21.6% | -5.4% | +39.1% | -23.3% | +34.4% | +2.7% | - |
| PBT growth | -24.0% | +1.9% | +97.3% | -17.4% | +211.8% | -10.5% | +9997.0% |
| Net income growth | -26.2% | +7.3% | +101.3% | -32.2% | +265.6% | -11.0% | - |
| Revenue CAGR (3Y) | +33.9% | +21.7% | +61.7% | +3.9% | - | - | - |
| EBITDA CAGR (3Y) | +1.1% | +0.4% | +12.8% | +1.9% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +2.0% | +1.8% | +2.1% | +3.0% | +2.2% | +1.8% | +1.5% |
| Return on capital employed | - | +15.5% | +15.8% | +9.1% | +9.0% | +7.0% | +6.8% |
| Return on net worth | - | +17.9% | +20.2% | +11.6% | +19.7% | +6.2% | +7.3% |
| Debt / equity | - | 1.08 | 1.69 | 2.41 | 2.99 | 3.35 | 3.47 |
| Long-term debt / equity | - | 0.41 | 0.66 | 1.02 | 1.65 | 2.26 | 2.45 |
| Interest cover | 19.05 | 25.53 | 33.06 | 47.97 | 36.69 | 75.57 | 71.19 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 5.01 | 4.02 | 1.39 | 2.85 | 0.98 | 1.28 |
| Inventory turnover | - | 19.89 | 25.80 | 7.81 | 16.90 | 7.73 | 10.56 |
| Debtors turnover | - | 10.95 | 9.79 | 4.36 | 10.79 | 3.92 | 4.55 |
| EPS (₹) | 4.38 | 6.72 | 6.26 | 14.73 | 21.71 | 5.96 | 6.68 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 40.82 | 34.10 | 132.46 | 121.01 | 99.30 | 91.85 |
To see the full year-wise statements and ratios of Siddhi Cotspin Limited, buy the company report.
Board of directors of Siddhi Cotspin Limited
Siddhi Cotspin has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Navin Saraogi Also directs: Shivdharani Terrain LLP, Siddhi Weaves Private Limited, Basant Texfab Private Limited and 5 more | Managing Director | 23 Nov 2015 | 10 Years 11 Months | Current |
| Aansh Rajesh Bindal Also directs: Anant Global Elite LLP, A3 Cube Bio Green Private Limited | Whole-Time Director | 21 Dec 2023 | 2 Years 10 Months | Current |
| Sumitkumar Jayantibhai Patel Also directs: Shree Krishna Infrastructure Limited, Patron Exim Limited, Orbit Pharma Laboratories Limited and 1 more | Director | 08 Jan 2024 | 2 Years 9 Months | Current |
| Drashti Laxmikant Solanki Also directs: Chavda Infra Limited, Virtuoso Optoelectronics Limited, Astron Multigrain Limited and 2 more | Director | 08 Jan 2024 | 2 Years 9 Months | Current |
| Aayush Kamleshbhai Shah Also directs: Raghuvir Synthetics Limited, H.M. Electro Mech Limited, Fonebox Retail Limited and 2 more | Director | 08 Jan 2024 | 2 Years 9 Months | Current |
Auditor
Siddhi Cotspin Limited is audited by M/s. Vijay Moondra & Co for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M/s. Vijay Moondra & Co | FY 2024 | 112308W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 66.20%, foreign institutional investors hold 3.30%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 30.50%.
| Sep 2026 | Jun 2026 | Mar 2026 | |
|---|---|---|---|
| Promoters | 66.20% | 65.60% | 65.60% |
| Public | 33.80% | 34.40% | 34.40% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Feb 2026 | 101240193 | Others | ₹30 Cr | Open | |
| 30 Jan 2026 | 101236176 | Others | ₹30 Cr | Open | |
| 06 Feb 2024 | 100874391 | State Bank of India | ₹6 Cr | Satisfied | |
| 27 Sep 2023 | 100795956 | Others | ₹14.03 Cr | Satisfied | |
| 29 Dec 2021 | 100561909 | Others | ₹15.45 Cr | Satisfied |
To see the full charge records of Siddhi Cotspin Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Siddhi Cotspin Limited has 1 deal on record (1 ipo); the latest was in September 2025.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2025 | IPO | ₹69.85 Cr | Investors: Public Market Investors Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Siddhi Cotspin Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Siddhi Cotspin Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Siddhi Cotspin Limited has a workforce of 204 employees on its EPFO records as of Oct 09, 2025, across 1 active EPFO establishment.
GST
Siddhi Cotspin has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAWCS4769H1ZM | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Siddhi Cotspin Limited, buy the company report.
Recent activity
Siddhi Cotspin Limited has 8 board changes on record since 2015: 5 appointments and 3 cessations. The latest: Sanjay Bindal Premchand ceased to be Director on 24 Jan 2024.
15 earlier events are in the company report.
Frequently asked questions
Siddhi Cotspin is an active public limited company based in Ahmedabad, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 23 November 2015 (11+ years old) and is registered under CIN L17123GJ2015PLC085135. Listed on NSE: SIDDHICOTS.
Siddhi Cotspin reported revenue of ₹478.14 Cr for FY 2025-26 (down 34% YoY) based on standalone financials.
Siddhi Cotspin has 5 current directors:
- Navin Saraogi - Managing Director
- Aansh Rajesh Bindal - Whole-Time Director
- Sumitkumar Jayantibhai Patel - Director
- Drashti Laxmikant Solanki - Director
- Aayush Kamleshbhai Shah - Director
The latest financial statements of Siddhi Cotspin on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 31 August 2026. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Siddhi Cotspin is 24AAWCS4769H1ZM, registered in Gujarat.
The CIN (Corporate Identification Number) of Siddhi Cotspin is L17123GJ2015PLC085135. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Siddhi Cotspin is a listed company as per MCA records. Its shares are listed on NSE (symbol: SIDDHICOTS).
Siddhi Cotspin was incorporated on 23 November 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Siddhi Cotspin has 1 deal on record (1 ipo); the latest was in September 2025.
Sanjay Bindal Premchand ceased to be Director on 24 Jan 2024. Aayush Kamleshbhai Shah was appointed as Director on 08 Jan 2024. Drashti Laxmikant Solanki was appointed as Director on 08 Jan 2024. Siddhi Cotspin has 8 board changes on record in total.
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