MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-09-0004020
Varun Cotex Private Limited
Varun Cotex Private Limited - appreal & fashion in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹22.43 Lakh
▼ 11% YoY
Net profit · FY 2025
₹50,480
Net margin 2.3%
EBITDA · FY 2025
₹94,111
EBITDA margin 4.2%
Authorised capital
₹4 Lakh
Registered with MCA
Paid-up capital
₹3 Lakh
Issued & subscribed
Satisfied charges
₹90.29 Lakh
No open charges
Company age
19 yrs
Est. 2007
Directors on board
2
As per MCA filings
About Varun Cotex Private Limited
Data last updated:
Varun Cotex Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the leather segment of the apparel and fashion sector. It was incorporated on 23 March 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2007PTC169113.
The company has an authorised share capital of ₹4 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors Deepak Balmukund Pasari and Sandip Dwarkadas Agrawal.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.43 Lakh, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹50,480 (net margin 2.3%) and EBITDA of ₹94,111 (EBITDA margin 4.2%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 16% over five years.
As per MCA filings, the company has satisfied charges of ₹90.29 Lakh on record.
Varun Cotex Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-09-0004020). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U74999MH2007PTC169113
Registration Number 169113
Incorporation Date 23 March 2007
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-09-0004020
Recognitions & Rankings of Varun Cotex
Contact details
Varun Cotex Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No. 14 1st Floor Girish Bahvan Plot No 68 J.B. Nagar Andheri Kurla Road Andheri (, East), Mumbai, Maharashtra, India – 400059
- IndustryAppreal & Fashion, Leather, Textile, Apparel
To see the full contact details of Varun Cotex Private Limited, buy the company report.
Comprehensive company report
Varun Cotex Private Limited - 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 Varun Cotex is manufacturing. In detail, this covers other manufacturing.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 32 | Other manufacturing |
To see the full business activity and turnover split of Varun Cotex Private Limited, buy the company report.
Financials of Varun Cotex Private Limited
FY 2025 filings availableVarun Cotex Private Limited reported revenue of ₹22.43 Lakh (down 11% YoY) for FY 2025.
Revenue · FY 2025
₹22.43 Lakh ▼ 11%
Net profit · FY 2025
₹50,480 margin 2.3%
EBITDA · FY 2025
₹94,111 margin 4.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 11%
3 years · compounded
▼ 9%
5 years · compounded
▼ 16%
EBITDA CAGR growth
1 year
▼ 15%
3 years · compounded
▼ 56%
5 years · compounded
▼ 24%
Revenue has declined at a compounded annual rate (CAGR) of 16% over five years, including a 11% fall in the latest year. EBITDA fell 15% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹94,111 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹50,480 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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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 | 4.2% | ||||
| Net Profit Margin | 2.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of Varun Cotex Private Limited, buy the company report.
Board of directors of Varun Cotex Private Limited
Varun Cotex has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Balmukund Pasari Also directs: Samadhan Textiles Private Limited, Ninaad Textiles Private Limited, Trishul Cotex Private Limited and 2 more | Director | 28 May 2016 | 10 Years 5 Months | Current |
| Sandip Dwarkadas Agrawal Also directs: Visvesa Texfab Private Limited, Nandi Texfab Limited, Samadhan Textiles Private Limited and 4 more | Director | 23 Mar 2007 | 19 Years 7 Months | Current |
Peer comparison
Varun Cotex Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other manufacturing), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shakun Engitech India Private Limited | ₹22.71 Lakh (FY 2025) | 34.0% | New Delhi, Delhi, India | |||
| Dharayan Brothers Private Limited | ₹22.52 Lakh (FY 2025) | 554.0% | New Delhi, Delhi, India | |||
| Ananda Re-Bars Private Limited | ₹22.51 Lakh (FY 2024) | 18.0% | Visakhapatnam, Andhra Pradesh, India | |||
| Smiletouch Human Services Private Limited | ₹22.44 Lakh (FY 2025) | Bhadrak, Odisha, India | ||||
| Gayathri Technovations Private Limited | ₹22.44 Lakh (FY 2025) | -16.0% | Bangalore, Karnataka, India | |||
| Varun Cotex Private Limitedthis company | ₹22.43 Lakh (FY 2025) | ₹50,480 | 2.3% | -11.0% | Mumbai, Maharashtra, India | |
| SRN Recycling Private Limited | ₹22.34 Lakh (FY 2025) | 133.0% | New Delhi, Delhi, India | |||
| Leading Figure Automotive Private Limited | ₹22.33 Lakh (FY 2025) | Tiruvallur, Tamil Nadu, India | ||||
| Dawn Formative Private Limited | ₹22.24 Lakh (FY 2025) | 776.0% | Ludhiana, Punjab, India | |||
| Ubisys Technologies Private Limited | ₹22.05 Lakh (FY 2025) | 0.0% | Mumbai, Maharashtra, India | |||
| Elegant Nutra Private Limited | ₹21.99 Lakh (FY 2024) | -25.0% | Delhi, India |
To see the full peer comparison of Varun Cotex Private Limited, buy the company report.
Auditor
Varun Cotex Private Limited is audited by SHRIKESH V. RATHI & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHRIKESH V. RATHI & CO | FY 2017 | 133099W |
Shareholding
The shareholding of Varun Cotex Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Varun Cotex Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹90.29 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Aug 2008 | 10123447 | State Bank of India | ₹90.29 Lakh | Satisfied |
To see the full charge records of Varun Cotex Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Varun Cotex Private 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 Varun Cotex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Varun Cotex Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Varun Cotex Private Limited has 4 board changes on record since 2007: 2 appointments and 2 cessations. The latest: Deepak Balmukund Pasari ceased to be Additional Director on 15 Sep 2016.
AGM
Varun Cotex Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Varun Cotex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Deepak Balmukund Pasari ceased to be Additional Director.
Ceased
Gopal Sitaram Pasari ceased to be Director.
Appointed
Deepak Balmukund Pasari was appointed as Director.
Charges
A charge registered on 20 Aug 2008 via Charge ID 10123447 with State Bank Of India was fully satisfied on 09 Jul 2015.
Charges
A charge with State Bank Of India amounted to Rs. 90.29 Lakh with Charge ID 10123447 was registered on 20 Aug 2008.
Appointed
Sandip Dwarkadas Agrawal was appointed as Director.
Incorporation
23 Mar 2007
Varun Cotex Private Limited was registered on 23 Mar 2007 with Roc Mumbai I & aged 19 years 7 months as per MCA records.
Frequently asked questions
Varun Cotex is an active private limited company based in Mumbai, Maharashtra, India. The company works in leather, within the apparel and fashion industry. It was incorporated on 23 March 2007 (19+ years old) and is registered under CIN U74999MH2007PTC169113.
Varun Cotex has 2 current directors:
- Deepak Balmukund Pasari - Director
- Sandip Dwarkadas Agrawal - Director
The latest financial statements of Varun Cotex on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Varun Cotex is U74999MH2007PTC169113. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varun Cotex was incorporated on 23 March 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Varun Cotex by revenue are Shakun Engitech India Private Limited, Dharayan Brothers Private Limited, Ananda Re-Bars Private Limited, Smiletouch Human Services Private Limited, Gayathri Technovations Private Limited and 5 more, all in the same principal business activity (other manufacturing).
Deepak Balmukund Pasari ceased to be Additional Director on 15 Sep 2016. Gopal Sitaram Pasari ceased to be Director on 29 May 2016. Deepak Balmukund Pasari was appointed as Director on 28 May 2016. Varun Cotex has 4 board changes on record in total.
Yes, Varun Cotex is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-09-0004020).
The registered office of Varun Cotex is at Flat No. 14 1st Floor Girish Bahvan Plot No 68 J.B. Nagar Andheri Kurla Road Andheri , East, Mumbai, Maharashtra, India – 400059.
Varun Cotex operates in the apparel and fashion industry, in the leather segment.
Varun Cotex has no open charges and satisfied charges of ₹90.29 Lakh as per latest MCA filings.
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