Vaxtex Cotfab Limited - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN L51109GJ2005PLC076930 Incorporated 26 December 2005 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Under Insolvency Listed - NSE: VCL Public Limited Company manufacturing
Data last updated
Market Cap
₹27.56 Cr
VCL-BE · NSE
Share Price
₹1.55
+3.33% today
Revenue
₹11.17 Cr
FY 2025-26 · +112.8% YoY
EBITDA
₹1.90 Cr
Margin 17.0%
Net Profit
₹5.54 Cr
FY 2025-26 · +522.5% YoY
P/E (TTM)
5.0x
P/B 1.2x
Authorised capital
₹19 Cr
Registered with MCA
Paid-up capital
₹18.38 Cr
Issued & subscribed

About Vaxtex Cotfab Limited

Data last updated:

Vaxtex Cotfab Limited is a public limited company based in Ahmedabad, Gujarat, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 26 December 2005.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L51109GJ2005PLC076930. Its GSTIN is 24AAACF9925C1ZV (Gujarat). Its shares are listed on NSE: VCL.

The company has an authorised share capital of ₹19 Cr and a paid-up capital of ₹18.38 Cr. It was formerly known as Foolproof Vyapaar Pvt Ltd and Vaxtex Cotfab Private Limited. It is led by directors including Aakash Rajeshbhai Thakor (Managing Director) and Pranav Manoj Vajani.

Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ahmadabad City, Gujarat.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹11.17 Cr, a growth of 112.8% compared to the previous year. For the same year it recorded a net profit of ₹5.54 Cr (net margin 49.6%) and EBITDA of ₹1.9 Cr (EBITDA margin 17%). The net worth stands at ₹22.45 Cr (up 22.4% YoY). Total assets are valued at ₹27.7 Cr (down 6% YoY).

The company has about 2 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Vaxtex Cotfab. As per MCA filings, the company has satisfied charges of ₹14.27 Cr on record. Court records list 7 cases involving the company, including 3 filed by the company and 3 filed against it; 1 case is pending. The company has 100 deals on record (99 market trades, 1 ipo); the latest was in March 2026. Its 10 peer companies in the same principal business activity (Textile, leather and other apparel products) are compared by revenue, 5 larger and 5 smaller; the largest is Hi-Choice Exports Pvt Ltd.

The last known website on record is vaxtexcotfabltd.com.

Company Details of Vaxtex Cotfab Limited
CIN L51109GJ2005PLC076930
Registration Number 076930
Incorporation Date 26 December 2005
ROC Ahmedabad
Listing Status Listed (NSE: VCL)
Company Status Under CIRP
Date of Last AGM 27 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    J – 03 (GF To 4th Floor) Tejendra Arcade Nr Ganjifarak Mill Compound, Nr. Rakhial Char Rasta India, Ahmadabad City, Gujarat, India – 380023
  • Industry
    Manufacturing, Textile & Fabric Production
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Financials, compliance, directors, charges, ownership and filings for Vaxtex Cotfab Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Vaxtex Cotfab Limited

The main business activity of Vaxtex Cotfab is manufacturing. In detail, this covers textile, leather and other apparel products.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC2Textile, leather and other apparel productsLocked
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Turnover share and past changes in activity are in the company report.

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Financials of Vaxtex Cotfab Limited FY 2025-26 filings available

Vaxtex Cotfab Limited reported revenue of ₹11.17 Cr (up 112.8% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹11.17 Cr
+112.8% YoY
EBITDA
₹1.90 Cr
+480.0% YoY
Profit After Tax
₹5.54 Cr
+522.5% YoY
Net Worth
₹22.45 Cr
+22.4% YoY
Total Assets
₹27.70 Cr
-6.0% YoY
Total Debt
₹5.26 Cr
-52.7% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue11.175.2516.6275.6261.9126.1527.76
Revenue growth+112.8%-68.4%-78.0%+22.2%+136.8%-5.8%-
EBITDA1.90(0.50)(9.06)(0.38)3.021.421.37
EBITDA margin+17.0%-9.5%-54.5%-0.5%+4.9%+5.4%+4.9%
Profit before tax5.070.42(8.84)1.162.020.240.19
Net profit5.540.89(6.19)(0.16)1.490.160.09
Net profit margin+49.6%+17.0%-37.2%-0.2%+2.4%+0.6%+0.3%
EPS (₹)0.300.05(0.48)0.091.480.300.15
Balance sheet
Total assets27.7029.4730.3028.6717.8119.1721.27
Net worth22.4518.3418.8023.4810.368.878.65
Total debt5.2611.1311.515.207.4510.3012.62
Cash & bank1.291.180.020.090.150.110.19
Net working capital26.4921.4722.4124.1613.0915.4310.24
Cash flow
Cash from operations(2.19)1.23(47.60)(10.90)6.740.93(7.39)
Cash from investing5.80(0.76)29.780.34(3.70)2.40(5.05)
Cash from financing(3.56)(0.49)17.7510.51(3.01)(3.41)12.10
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue0.000.008.882.290.005.250.000.00
Revenue growth (YoY)--100.0%------
Other income0.020.501.560.740.461.060.010.03
Total expenses0.090.086.562.400.225.350.370.12
EBITDA(0.09)(0.08)2.32(0.11)(0.22)(0.10)(0.37)(0.12)
EBITDA margin--+26.1%-4.8%--1.9%--
Depreciation0.000.000.000.010.010.010.060.01
Interest0.010.020.020.020.020.060.020.02
Profit before tax(0.08)0.403.860.600.210.89(0.44)(0.12)
Tax(0.02)(0.39)(0.09)0.030.00(0.43)(0.05)0.00

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 07 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue0.000.008.882.290.005.250.000.00
Revenue growth (YoY)--100.0%------
Other income0.020.501.560.740.461.060.010.03
Total expenses0.090.086.562.400.225.350.370.12
EBITDA(0.09)(0.08)2.32(0.11)(0.22)(0.10)(0.37)(0.12)
EBITDA margin--+26.1%-4.8%--1.9%--
Depreciation0.000.000.000.010.010.010.060.01
Interest0.010.020.020.020.020.060.020.02
Profit before tax(0.08)0.403.860.600.210.89(0.44)(0.12)
Tax(0.02)(0.39)(0.09)0.030.00(0.43)(0.05)0.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue11.175.2516.6275.6261.9126.1527.76
Revenue growth+112.8%-68.4%-78.0%+22.2%+136.8%-5.8%-
Other income3.261.130.442.450.380.060.02
Total expenses9.275.7525.6876.0058.8924.7326.39
Employee cost0.000.060.110.711.010.611.28
EBITDA1.90(0.50)(9.06)(0.38)3.021.421.37
EBITDA margin+17.0%-9.5%-54.5%-0.5%+4.9%+5.4%+4.9%
Depreciation0.020.100.150.280.300.150.14
Interest0.070.110.070.631.081.091.06
Profit before tax5.070.42(8.84)1.162.020.240.19
Tax(0.47)(0.47)0.000.030.530.080.10
Net profit5.540.89(6.19)(0.16)1.490.160.09
Net profit margin+49.6%+17.0%-37.2%-0.2%+2.4%+0.6%+0.3%
EPS (₹)0.300.05(0.48)0.091.480.300.15
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital18.3818.3818.3812.6310.046.026.02
Reserves & surplus4.07(0.04)0.4210.850.322.852.63
Shareholders' funds (net worth)22.4518.3418.8023.4810.368.878.65
Secured loans1.010.930.950.166.038.707.39
Unsecured loans4.2510.2010.565.041.421.605.23
Total debt5.2611.1311.515.207.4510.3012.62
Total liabilities27.7029.4730.3028.6717.8119.1721.27
Assets
Gross block0.011.161.164.234.204.362.74
Net block0.001.041.143.653.903.852.38
Capital work in progress0.000.000.000.000.000.000.00
Investments0.086.367.011.101.050.080.12
Inventories7.140.000.211.345.411.714.10
Sundry debtors7.0916.6815.7118.226.199.798.55
Cash & bank balances1.291.180.020.090.150.110.19
Loans & advances20.0922.6124.7745.087.286.163.91
Total current assets35.6140.4740.7164.7319.0317.7716.75
Total current liabilities9.1219.0018.3040.575.942.346.51
Net working capital26.4921.4722.4124.1613.0915.4310.24
Total assets27.7029.4730.3028.6717.8119.1721.27
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.000.020.090.150.110.190.53
Net cash from operating activities(2.19)1.23(47.60)(10.90)6.740.93(7.39)
Net cash from investing activities5.80(0.76)29.780.34(3.70)2.40(5.05)
Net cash from financing activities(3.56)(0.49)17.7510.51(3.01)(3.41)12.10
Net change in cash0.05(0.02)(0.07)(0.06)0.04(0.08)(0.34)
Closing cash1.291.180.020.090.150.110.19
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+112.8%-68.4%-78.0%+22.2%+136.8%-5.8%-
EBITDA growth+480.0%+94.5%-2284.2%-112.6%+112.7%+3.7%-
PBT growth+1107.1%+9998.0%--42.6%+741.7%+26.3%-78.4%
Net income growth+522.5%+114.4%-3768.8%-110.7%+831.3%+77.8%-
Revenue CAGR (3Y)-47.1%-56.1%-14.0%+39.7%+41.3%+12.3%+84.4%
EBITDA CAGR (3Y)----+47.0%+52.6%+309.2%
Profitability & leverage
Net income margin+49.6%+17.0%-53.2%+1.5%+2.4%+0.6%+0.3%
Return on capital employed-+1.4%0.0%+2.0%+16.7%+6.7%+8.5%
Return on net worth-+3.4%0.0%-1.0%+15.5%+2.1%+1.4%
Debt / equity-0.610.390.370.921.311.19
Long-term debt / equity-0.000.020.200.841.100.91
Interest cover3.72-18.33-0.76-95.4539.7185.8386.18
Efficiency & per share
Fixed asset turnover-4.536.1717.9414.467.3711.64
Inventory turnover-50.0021.4522.4117.399.0011.76
Debtors turnover-0.350.986.207.752.854.19
EPS (₹)0.300.05(0.48)0.091.480.300.15
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.001.001.021.8610.3214.7314.36
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Peer Comparison of Vaxtex Cotfab Limited

Vaxtex Cotfab Limited is compared with the companies closest to it by revenue in the same principal business activity (Textile, leather and other apparel products). Revenue, net profit, margin and growth of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Vaxtex Cotfab Limited this company••••••••••••••••-Ahmedabad, Gujarat, India
Hi-Choice Exports Pvt Ltd••••••••••••••••-Jaipur, Rajasthan, India
Vijaylakshmi Creation India Private Limited••••••••••••••••-Jaipur, Rajasthan, India
Profort Industries Private Limited••••••••••••••••-Mumbai, Maharashtra, India
United Fashion Mart Private Limited••••••••••••••••-Bangalore South, Karnataka, India
Navkar Home Private Limited••••••••••••••••-Panipat, Haryana, India
Sargam Capital Private Limited••••••••••••••••-Surat, Gujarat, India
Unigold Agro Biotech Private Limited••••••••••••••••-Kandivali East, Maharashtra, India
TPHK Syntex Private Limited••••••••••••••••-Kolkata, West Bengal, India
Kamaldeep Enterprises Private Limited••••••••••••••••-Surat, Gujarat, India
Synergy Fabpack India Private Limited••••••••••••••••-Surat, Gujarat, India

Peers are the five companies nearest above and the five nearest below Vaxtex Cotfab by revenue in the same principal business activity (Textile, leather and other apparel products), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.

Auditor Details of Vaxtex Cotfab Limited

Vaxtex Cotfab Limited is audited by SSRV & ASSOCIATES for the financial year 2023.

NameStatusAppointment DateCessation Date
SSRV & ASSOCIATESLockedLockedLocked
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Board of Directors and KMP of Vaxtex Cotfab Limited

Vaxtex Cotfab Limited currently reports 4 directors and 1 key managerial person. 30 former directors have served the organization.

Directors and KMP (as last reported)
NameDesignationAppointment DateTenureStatus
Aakash Rajeshbhai ThakorManaging Director12 Nov 20205 Years 10 MonthsAs last reported
Pranav Manoj VajaniDirector22 Jan 20224 Years 8 MonthsAs last reported
Pratapsingh Bhoorsingh ZalaCfo02 Apr 20197 Years 6 MonthsAs last reported
Hardika LadhaDirector08 Feb 20251 Years 8 MonthsAs last reported
Devi SinghDirector07 Mar 20251 Years 7 MonthsAs last reported

Shareholding Pattern of Vaxtex Cotfab Limited

Shareholding for the quarter ended Sep 2026: promoters hold 0.50%, foreign institutional investors hold 11.10%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 88.40%.

Promoters: 0.50%FII (Foreign Institutional): 11.10%Retail & Others: 88.40%
Sep 2026
QUARTER
0.50% Promoters
11.10% FII (Foreign Institutional)
88.40% Retail & Others
Promoter holding - history
Now 0.50% · Sep 2026High 16.50% · Dec 2025Low 0.50% · Jun 2026
0%4.5%9%13.5%18%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 16.50%Mar 2026: 0.80%Jun 2026: 0.50%Sep 2026: 0.50%16.50%0.50%0.50%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters0.50%0.50%0.80%16.50%
Public99.50%99.50%99.20%83.50%

Charges & Borrowings of Vaxtex Cotfab Limited

Open charges
None
Satisfied charges
₹14.27 Cr
Breakdown by lending institutions
Abhyudaya Co-Operative Bank Limited₹14.27 Cr
Latest charge details
DateLenderAmountStatus
02 Jun 2020Abhyudaya Co-Operative Bank Limited₹27 LakhSatisfied
30 Mar 2019Abhyudaya Co-Operative Bank Limited₹5 CrSatisfied
30 Mar 2019Abhyudaya Co-Operative Bank Limited₹2.5 CrSatisfied
30 Mar 2019Abhyudaya Co-Operative Bank Limited₹6.5 CrSatisfied

Total charge records: 4 View all charges

Deals & Funding of Vaxtex Cotfab Limited

Vaxtex Cotfab Limited has 100 deals on record (99 market trades, 1 ipo); the latest was in March 2026.

Total deals
100
Market trades
99
IPO
1

Deals on record (5 of 100)

WhenDealAmountParties
Jan 2026Market trade₹60.2 LakhBuyer: Nova Global Opportunities Fund Pcc - Touchstone
Seller: Winspire Project Consultants Private Limited
Dec 2025Market trade₹46.5 LakhBuyer: Winspire Project Consultants Private Limited
Seller: an individual
Dec 2025Market trade₹26.4 LakhSeller: Neo Apex Venture LLP
Dec 2025Market trade₹75.8 LakhBuyer: Neo Apex Venture LLP , Arjun Leasing And Fin Pvt Ltd, Winspire Project Consultants Private Limited , an individual
Seller: Winspire Project Consultants Private Limited , Neo Apex Venture LLP
Dec 2025Market trade₹57.2 LakhBuyer: Neo Apex Venture LLP
Seller: Neo Apex Venture LLP
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Associated Brands with Vaxtex Cotfab Limited

Vaxtex Cotfab operates one associated brand: Vaxtex Cotfab. Each brand links to its own profile.

BrandDescriptionWebsite
Textile manufacturing company offering denim fabric, home textile, jeans, mens casual shirts, printed fabric, and yarnvaxtexcotfabltd.com

Employees and EPFO Compliance at Vaxtex Cotfab Limited

Vaxtex Cotfab Limited has a workforce of 2 employees as of Apr 04, 2024.

Employee count
2
Active EPFO establishments
1
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Name History of Vaxtex Cotfab Limited

Vaxtex Cotfab has undergone 2 name changes throughout its history. The company was previously known as Foolproof Vyapaar Pvt Ltd, and Vaxtex Cotfab Private Limited. The current legal name is Vaxtex Cotfab Limited.

Company NameStatus
Vaxtex Cotfab LimitedCurrent
Foolproof Vyapaar Pvt LtdPrevious
Vaxtex Cotfab Private LimitedPrevious

CIN History of Vaxtex Cotfab Limited

Vaxtex Cotfab has 4 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L51109GJ2005PLC076930, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L51109GJ2005PLC076930Current
U51109WB2005PTC106869Previous
U51109GJ2005PTC076930Previous
U51109GJ2005PLC076930Previous
L35105GJ2005PLC076930Previous

News related to Vaxtex Cotfab Limited

Recent Activity on Vaxtex Cotfab Limited

Vaxtex Cotfab Limited has 59 board changes on record since 2005: 32 appointments and 27 cessations. The latest: Harsh Mahendrakumar Kothari ceased to be Director on 29 Dec 2025.

Ceased
Harsh Mahendrakumar Kothari ceased to be Director.
Ceased
Ravi Jitendra Modi ceased to be Director.
Appointed
Harsh Mahendrakumar Kothari was appointed as Director.
Appointed
Ravi Jitendra Modi was appointed as Director.
Appointed
Devi Singh was appointed as Director.
Ceased
Mithlesh Kumar Agraval ceased to be Managing Director.
Appointed
Hardika Ladha was appointed as Director.
Ceased
Kunjal Jayantkumar Soni ceased to be Director.
Ceased
Ziral Soni ceased to be Director.
Ceased
Digesh Mansukhlal Deshaval ceased to be Director.
Ceased
Sunil Kumar Kabra ceased to be Irp/Rp/Liquidator.
AGM
Vaxtex Cotfab Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

59 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Vaxtex Cotfab Limited

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MSME Payment Delays by Vaxtex Cotfab Limited

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Subsidiaries & Group Companies of Vaxtex Cotfab Limited

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GST Compliance of Vaxtex Cotfab Limited

Vaxtex Cotfab has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAACF9925C1ZVGujaratActive01 Jul 2017
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MCA Filings & Documents of Vaxtex Cotfab Limited

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Frequently Asked Questions about Vaxtex Cotfab Limited

Vaxtex Cotfab is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.

Vaxtex Cotfab is a company under insolvency, formerly operating as a public limited company based in Ahmedabad, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 26 December 2005 and is registered under CIN L51109GJ2005PLC076930. Listed on NSE: VCL. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Vaxtex Cotfab reported revenue of ₹11.17 Cr for FY 2025-26 (up 112.8% YoY) based on standalone financials.

Vaxtex Cotfab has 5 current directors and KMP:

The CIN (Corporate Identification Number) of Vaxtex Cotfab is L51109GJ2005PLC076930. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Vaxtex Cotfab is listed on NSE with symbol VCL.

Vaxtex Cotfab has no open charges and satisfied charges of ₹14.27 Cr as per latest MCA filings.

Vaxtex Cotfab has 7 court cases on record: 3 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.

Vaxtex Cotfab was incorporated on 26 December 2005. It is registered with the Registrar of Companies, Ahmedabad.

Vaxtex Cotfab has 100 deals on record (99 market trades, 1 ipo); the latest was in March 2026.

The peers of Vaxtex Cotfab by revenue are Hi-Choice Exports Pvt Ltd, Vijaylakshmi Creation India Private Limited, Profort Industries Private Limited, United Fashion Mart Private Limited, Navkar Home Private Limited and 5 more, all in the same principal business activity (Textile, leather and other apparel products).

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