Vaxtex Cotfab Limited

NSE: VCL
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
₹1.48
-1.33% 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)
5.4x
P/B 1.3x
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). It is a listed company as per MCA records. 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 2026. The registered office is at Ahmedabad, 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 10 cases involving the company, including 6 filed by the company and 5 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 with revenue of ₹6.41 Cr.

The last known website on record is vaxtexcotfabltd.com.

Company details

CIN L51109GJ2005PLC076930
Registration Number 076930
Incorporation Date 26 December 2005
ROC Ahmedabad
Listing Status Listed - Listed on NSE (VCL)
Company Status Under CIRP
Date of Last AGM 27 September 2024
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

Name history

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

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
Key People
Aakash Rajeshbhai Thakor Managing Director Pratapsingh Bhoorsingh Zala Cfo Pranav Manoj Vajani Director

Contact details

Vaxtex Cotfab Limited's registered office is in Ahmedabad, Gujarat. Its website is vaxtexcotfabltd.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    vaxtexcotfabltd.com
  • Social Media
  • Registered Address
    J – 03 (GF To 4th Floor) Tejendra Arcade Nr Ganjifarak Mill Compound, Nr. Rakhial Char Rasta India, Ahmedabad, Gujarat, India – 380023
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Vaxtex Cotfab Limited, buy the company report.

Comprehensive company report
Vaxtex Cotfab 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

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

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

Business activity

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

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

To see the full business activity and turnover split of Vaxtex Cotfab Limited, buy the company report.

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 22 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

To see the full year-wise statements and ratios of Vaxtex Cotfab Limited, buy the company report.

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 Thakor
Also directs: Vacro Enterprises Private Limited, Ayaana Marketing LLP, Hillary Fashion Cotfab Limited and 1 more
Managing Director12 Nov 20205 Years 11 MonthsAs last reported
Pranav Manoj Vajani
Also directs: Darjeeling Industriies Limited, Shyamkamal Investments Limited
Director22 Jan 20224 Years 9 MonthsAs last reported
Pratapsingh Bhoorsingh Zala
Also directs: Steptrade Finance Private Limited, Vacro Enterprises Private Limited
Cfo02 Apr 20197 Years 6 MonthsAs last reported
Hardika Ladha
Also directs: Supra Industrial Resources Limited, Keshav Spinning Mills Limited
Director08 Feb 20251 Years 8 MonthsAs last reported
Devi SinghDirector07 Mar 20251 Years 7 MonthsAs last reported
View all directors and KMP

Peer comparison

Vaxtex Cotfab Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Vaxtex Cotfab Limitedthis company₹11.17 Cr (FY 2026)₹5.54 Cr49.6%112.8%2Ahmedabad, Gujarat, India
Hi-Choice Exports Pvt Ltd₹6.41 Cr (FY 2025)13.0%Jaipur, Rajasthan, India
Vijaylakshmi Creation India Private Limited₹6.41 Cr (FY 2025)41.0%Jaipur, Rajasthan, India
Profort Industries Private Limited₹6.41 Cr (FY 2024)102759.0%Mumbai, Maharashtra, India
United Fashion Mart Private Limited₹6.41 Cr (FY 2025)16.0%Bangalore, Karnataka, India
Navkar Home Private Limited₹6.39 Cr (FY 2024)23.0%Panipat, Haryana, India
Sargam Capital Private Limited₹6.38 Cr (FY 2025)-12.0%Surat, Gujarat, India
Unigold Agro Biotech Private Limited₹6.38 Cr (FY 2025)19.0%Mumbai, Maharashtra, India
TPHK Syntex Private Limited₹6.37 Cr (FY 2022)64.0%Kolkata, West Bengal, India
Kamaldeep Enterprises Private Limited₹6.37 Cr (FY 2025)12.0%Surat, Gujarat, India
Synergy Fabpack India Private Limited₹6.37 Cr (FY 2018)15.0%Surat, Gujarat, India

To see the full peer comparison of Vaxtex Cotfab Limited, buy the company report.

Auditor

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

Auditor firmFinancial yearFirm registration number
SSRV & ASSOCIATESFY 2023135901W

Shareholding

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

Open charges
None
Satisfied charges
₹14.27 Cr
Breakdown by lending institutions
Abhyudaya Co-Operative Bank Limited₹14.27 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
02 Jun 2020100365960Abhyudaya Co-Operative Bank Limited₹27 LakhSatisfied
30 Mar 2019100260253Abhyudaya Co-Operative Bank Limited₹5 CrSatisfied
30 Mar 2019100260255Abhyudaya Co-Operative Bank Limited₹2.5 CrSatisfied
30 Mar 2019100260257Abhyudaya Co-Operative Bank Limited₹6.5 CrSatisfied

To see the full charge records of Vaxtex Cotfab Limited, buy the company report.

Total charge records: 4 View all charges

Deals & funding

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

To see the full deal history of Vaxtex Cotfab Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Vaxtex Cotfab Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Vaxtex Cotfab Limited has a workforce of 2 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.

Employee count
2
Active EPFO establishments
1

GST

Vaxtex Cotfab has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAACF9925C1ZVGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Vaxtex Cotfab Limited, buy the company report.

Recent activity

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.

Filing
Vaxtex Cotfab Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
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.

59 earlier events are in the company report.

News

Vaxtex Cotfab to hold board meeting
02 Feb 2025 · India Infoline

Frequently asked questions

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 latest financial statements of Vaxtex Cotfab on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 27 September 2024. Year-wise statements from 2015 are in the company report.

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 a listed company as per MCA records. Its shares are listed on NSE (symbol: VCL).

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

Vaxtex Cotfab has 10 court cases on record: 6 filed by the company and 5 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.