Mahacot Textiles Private Limited

Textile company specializing in manufacturing, twisting, weaving, knitting, dyeing, and finishing fabrics.

2007 | Shirpur, Maharashtra (India) | Active
Last Updated: July 06, 2024

Mahacot Textiles Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.80 M
  • Company Age 17 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 46.30 Cr
  • Revenue Growth -65.49%
  • Profit Growth -41.98%
  • Ebitda -107.62%
  • Net Worth 2.25%
  • Total Assets -28.31%

About Mahacot Textiles

Mahacot Textiles Private Limited (MTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 February 2007 and has a history of 17 years and 11 months. Its registered office is in Shirpur, Maharashtra, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 1.80 M.

The company currently has active open charges totaling ₹46.30 Cr.

Shivaji Dahite, Vidhya Dahite, and Kamlesh Agrawal serve as directors at the Company.

Company Details

  • Location

    Shirpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17299MH2007PTC167746

  • Company No.

    167746

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Feb 2007

  • Date of AGM

    25 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

Who are the key members and board of directors at Mahacot Textiles?

Board Members (3)

Name Designation Appointment Date Status
Shivaji Dahite Country flag representing In Director 10-Feb-2007 Current
Vidhya Dahite Country flag representing In Director 10-Feb-2007 Current
Kamlesh Agrawal Country flag representing In Director 01-Oct-2016 Current

Financial Performance of Mahacot Textiles.

Mahacot Textiles Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 65.49% decrease. The company also saw a substantial fall in profitability, with a 41.98% decrease in profit. The company's net worth moved up by a moderate rise of 2.25%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-65.49%
Revenue from Operations
-66.08%
Total Assets
-28.31%
Profit or Loss
-41.98%
Net Worth
2.25%
EBITDA
-107.62%

What is the Ownership and Shareholding Structure of Mahacot Textiles?

In 2023, Mahacot Textiles had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹463.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 46.30 Cr

Latest Charge Details

Date Lender Amount Status
15 Mar 2017 State Bank Of India ₹41.87 Cr Open
09 Jan 2008 State Bank Of India ₹4.43 Cr Open

How Many Employees Work at Mahacot Textiles?

Mahacot Textiles has a workforce of 160 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mahacot Textiles, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Mahacot Textiles's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Mahacot Textiles

Recent activity within the organization

  • Annual General Meeting

    Mahacot Textiles Private Limited last Annual general meeting of members was held on 25 Sep 2023 as per latest MCA records.

    25 Sep 2023

  • Balance Sheet

    Mahacot Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India of Rs. 44.30 M registered on 09 Jan 2008 with Charge ID 10085222 was modified on 29 Dec 2021.

    29 Dec 2021

  • Charges

    A charge with State Bank Of India amounted to Rs. 418.70 M with Charge ID 100126432 was registered on 15 Mar 2017.

    15 Mar 2017

  • Director Appointment

    Kamlesh Subhashchandra Agrawal was appointed as a Director was appointed as a Director on 01 Oct 2016 & has been associated with this company since 8 years 4 months .

    01 Oct 2016

  • Charges

    A charge with State Bank Of India amounted to Rs. 44.30 M with Charge ID 10085222 was registered on 09 Jan 2008.

    09 Jan 2008

Frequently asked questions

  • Mahacot Textiles Private Limited was incorporated on 10 Feb 2007.

  • The authorized share capital of Mahacot Textiles Private Limited is ₹ 2.00 M and paid-up capital is ₹ 1.80 M.

  • Currently 3 directors are associated with Mahacot Textiles Private Limited.

    • Shivaji Namdeo Dahite
    • Vidhya Shivajirao Dahite
    • Kamlesh Subhashchandra Agrawal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mahacot Textiles Private Limited is Gat No 205/1/1/1A Dahiwad Tal Shirpur, Maharashtra, India, 425405.

  • The corporate identification number (CIN) of Mahacot Textiles Private Limited is U17299MH2007PTC167746 and the company number is 167746 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mahacot Textiles Private Limited is https://www.mahacot.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mahacot Textiles Private Limited has fallen by -65.49%.

  • As Per 2023 financial reports, 160 employees are currently employed by Mahacot Textiles Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mahacot Textiles Private Limited has experienced an upsurge of 2.25%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mahacot Textiles Private Limited amount to ₹ 46.30 Cr.

  • The most recent Balance Sheet for Mahacot Textiles Private Limited was filed with the ROC on 31 Mar 2023.