Vikas Cotex Private Limited
About Vikas Cotex Private Limited
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Vikas Cotex Private Limited is a private limited company based in Shirpur, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 17 September 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17291MH2013PTC248298. Its GSTIN is 27AAECV6151E1ZD (Maharashtra).
The company has an authorised share capital of ₹1.22 Cr and a paid-up capital of ₹59.9 Lakh. It is led by directors Nailesh Patel and Kailashchandra Bansilal 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 Group Workshed Gut No. 25 & 30/2 Dahiwad Taluka – Shirpur, Maharashtra, India – 425405.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.58 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹66,729 (net margin -0.2%) and EBITDA of ₹16.69 Lakh (EBITDA margin 4.7%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years and 7% over five years.
As per MCA filings, the company has open charges of ₹33 Lakh and satisfied charges of ₹3.63 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressGroup Workshed Gut No. 25 & 30/2 Dahiwad Taluka – Shirpur, Maharashtra, India – 425405
- IndustryManufacturing, Textile & Fabric Production
- 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 of Vikas Cotex Private Limited
The main business activity of Vikas Cotex is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Vikas Cotex Private Limited FY 2025 filings available
Vikas Cotex Private Limited reported revenue of ₹3.58 Cr (up 311% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Vikas Cotex Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 311% growth in the latest year. EBITDA fell 8% 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 of Vikas Cotex Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹16.69 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹66,729 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Vikas Cotex Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Vikas Cotex are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Vikas Cotex Private Limited
Vikas Cotex Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jubilee Dyeing and Bleaching Works Private Limited | ₹3.59 Cr (FY 2025) | •••• | •••• | -30.0% | •••• | Madhavnagar, Maharashtra, India |
| Nadha Traditional Crafts Private Limited | ₹3.59 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Thiruvananthapuram, Kerala, India |
| Misgo Sales Private Limited | ₹3.59 Cr (FY 2025) | •••• | •••• | -40.0% | •••• | Noida, Uttar Pradesh, India |
| Bugs Clothing Private Limited | ₹3.59 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Ludhiana, Punjab, India |
| Ardee Komfab Private Limited | ₹3.59 Cr (FY 2024) | •••• | •••• | -36.0% | •••• | Gurgaon, Haryana, India |
| Vikas Cotex Private Limited this company | ₹3.58 Cr (FY 2025) | •••• | •••• | 311.0% | •••• | Shirpur, Maharashtra, India |
| Chandan Yadav Group Private Limited | ₹3.58 Cr (FY 2022) | •••• | •••• | •••• | Faridabad, Haryana, India | |
| Ms Sharwin Cottex Private Limited | ₹3.58 Cr (FY 2022) | •••• | •••• | 2654.0% | •••• | Ahmedabad, Gujarat, India |
| K M Cotton Print Private Limited | ₹3.58 Cr (FY 2024) | •••• | •••• | -22.0% | •••• | Ahmedabad, Gujarat, India |
| Sri Kumaran Mills Private Limited | ₹3.58 Cr (FY 2025) | •••• | •••• | -65.0% | •••• | Coimbatore, Tamil Nadu, India |
| Aastha Filaments Private Limited | ₹3.58 Cr (FY 2022) | •••• | •••• | 68.0% | •••• | Surat, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Vikas Cotex by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Vikas Cotex Private Limited
Vikas Cotex Private Limited is audited by S V RATHI AND CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S V RATHI AND CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Vikas Cotex Private Limited
Vikas Cotex has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nailesh Patel Also directs: Shirpur Synthetics Private Limited, Dweta Tex Fab Private Limited, Tarini Garments Private Limited and 5 more | Director | 25 Jan 2018 | 8 Years 8 Months | Current |
| Kailashchandra Bansilal Agrawal Also directs: B.H.Agrawal Agro Private Limited, Aarush Purespun Private Limited, Lilac Textiles Private Limited and 1 more | Director | 12 Aug 2020 | 6 Years 1 Months | Current |
Ownership and Shareholding of Vikas Cotex Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Vikas Cotex Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Mar 2023 | The Shirpur People Co-Op Bank Limited | ₹33 Lakh | Open |
| 25 Mar 2014 | Bank of Baroda | ₹3.63 Cr | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Vikas Cotex Private Limited
Employment history and EPFO contributions of people linked to Vikas Cotex.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Vikas Cotex Private Limited
Vikas Cotex Private Limited has 7 board changes on record since 2013: 2 appointments and 5 cessations. The latest: Kailashchandra Bansilal Agrawal ceased to be Additional Director on 31 Dec 2020.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Vikas Cotex Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Vikas Cotex Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Vikas Cotex Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Vikas Cotex Private Limited
Vikas Cotex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECV6151E1ZD | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Vikas Cotex Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Vikas Cotex Private Limited
Vikas Cotex is an active private limited company based in Shirpur, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 17 September 2013 (13+ years old) and is registered under CIN U17291MH2013PTC248298.
Vikas Cotex reported revenue of ₹3.58 Cr for FY 2025 (up 311% YoY).
Vikas Cotex has 2 current directors:
- Nailesh Patel - Director
- Kailashchandra Bansilal Agrawal - Director
Vikas Cotex reported a net loss of ₹66,729 (net margin -0.2%) and EBITDA of ₹16.69 Lakh (EBITDA margin 4.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Vikas Cotex is 46% over three years and 7% over five years. In the latest year (FY 2025) revenue rose 311%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Vikas Cotex is 27AAECV6151E1ZD, registered in Maharashtra.
The CIN (Corporate Identification Number) of Vikas Cotex is U17291MH2013PTC248298. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vikas Cotex was incorporated on 17 September 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Vikas Cotex by revenue are Jubilee Dyeing and Bleaching Works Private Limited, Nadha Traditional Crafts Private Limited, Misgo Sales Private Limited, Bugs Clothing Private Limited, Ardee Komfab Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Kailashchandra Bansilal Agrawal ceased to be Additional Director on 31 Dec 2020. Saroj Bansal ceased to be Director on 25 Aug 2020. Kailashchandra Bansilal Agrawal was appointed as Director on 12 Aug 2020. Vikas Cotex has 7 board changes on record in total.
The registered office of Vikas Cotex is at Group Workshed Gut No. 25 & 302 Dahiwad Taluka – Shirpur, Maharashtra, India – 425405.