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Axita Cotton Limited

With its incorporation dating back to 16 Jul 2013, Axita Cotton Limited has 13 years of experience. The company is identified by CIN L17200GJ2013PLC076059 and reg. no. 76059. Axita Cotton Limited is registered as company limited by shares. Authorized capital of the company is recorded at ₹50.00 crore. Axita Cotton Limited reports paid-up capital of ₹34.78 crore.

Its primary business activity involves manufacture of other textiles. The company’s registration location is Ahmedabad. Its official registered office is situated at Servey No. 324 357 358 Kadi Thol Road Borisana, Mahesana, Kadi, Gujarat, India, 382715. It is an active company at present. The Permanent Account Number assigned to the company is AALCA8092L. The company may be contacted through its official email: cs@axitacotton.com. The company is led by Harsh Kalpeshbhai Shah (CFO).

Company Overview

CIN
L17200GJ2013PLC076059
Date of Incorporation
16/07/2013
Company Status
Active
RoC
Ahmedabad
Registration Number
076059
Balance sheet date
31/03/2024
Company Category
Company limited by shares
Company Sub Category
Non-government company
Listed in Stock Exchange
Yes
Class of Company
Public Limited Company
LEI Number
-
LEI Status
Issued
Authorized Capital
₹50,00,00,000.00
Paid up Capital
₹34,77,72,501.00
Activity
Manufacture of other textiles
E-mail
cs@axitacotton.com
PAN
AALCA8092L

GST Numbers

StateGST NumberStatus
Gujarat24AALCA8092L1Z6Active
Maharashtra27AALCA8092L1Z0Active

ISIN Numbers

ISINSecurityInterest RateMaturity DateFISNCFI
IN802EZ01023AXITA COTTON LIMITED EQ NEW FV RE.1/- LISTING/TRDG APRVL AWAITED - 12/10/2026AXITA COTTON/SH VTGESVUFN
INE02EZ01022AXITA COTTON LIMITED EQ NEW FV RE.1/- - 12/10/2026AXITA COTTON/SH VTGESVUFN

Balance Sheet

Metric31/03/202631/03/202531/03/202431/03/202331/03/2022
Net PPE₹402.61L₹458.76L₹885.80L₹980.11L₹0.00L
Net Debt₹117.31L₹0.00L₹1,395.05L₹0.00L₹0.00L
Gross PPE₹910.57L₹908.05L₹1,402.35L₹1,380.21L₹0.00L
Inventory₹153.91L₹96.88L₹1,916.17L₹696.17L₹0.00L
Total Debt₹1,808.55L₹101.51L₹2,532.32L₹602.38L₹0.00L
Common Stock₹3,824.95L₹3,477.73L₹2,608.78L₹1,965.60L₹0.00L
Current Debt₹1,713.64L₹0.00L₹1,972.02L₹0.00L₹0.00L
Share Issued₹3,824.95L₹3,825.50L₹3,826.21L₹3,843.84L₹0.00L
Total Assets₹8,573.56L₹7,635.82L₹9,837.56L₹8,080.39L₹0.00L
Capital Stock₹3,824.95L₹3,477.73L₹2,608.78L₹1,965.60L₹0.00L
Current Assets₹6,634.51L₹6,567.30L₹8,831.99L₹6,988.71L₹0.00L
Prepaid Assets₹1,545.27L₹1,144.83L₹2,507.79L₹1,063.06L₹0.00L
Working Capital₹4,668.95L₹5,337.24L₹5,978.66L₹4,752.95L₹0.00L
Financial Assets₹0.00L₹0.00L₹0.00L₹0.00L₹0.00L
Invested Capital₹8,204.82L₹6,284.64L₹8,428.38L₹5,236.95L₹0.00L
Other Properties₹402.60L₹458.76L₹650.31L₹650.31L₹0.00L
Retained Earnings₹2,645.63L₹2,802.67L₹3,847.58L₹3,271.35L₹0.00L
Common Stock Equity₹6,491.18L₹6,284.64L₹6,456.36L₹5,236.95L₹0.00L
Net Tangible Assets₹6,470.82L₹6,282.18L₹6,452.81L₹5,234.97L₹0.00L
Tangible Book Value₹6,470.82L₹6,282.18L₹6,452.81L₹5,234.97L₹0.00L
Current Liabilities₹1,965.56L₹1,230.06L₹2,853.33L₹2,235.76L₹0.00L
Stockholders Equity₹6,491.18L₹6,284.64L₹6,456.36L₹5,236.95L₹0.00L
Other Equity Interest₹11.28L₹2,790.01L₹3,847.58L₹3,271.35L₹0.00L
Total Capitalization₹6,491.18L₹6,284.64L₹6,456.36L₹5,236.95L₹0.00L
Hedging Assets Current₹0.00L₹14.16L₹0.00L₹0.00L₹4.55L
Ordinary Shares Number₹3,824.95L₹3,825.50L₹3,826.21L₹3,843.84L₹0.00L
Other Intangible Assets₹20.36L₹2.46L₹3.55L₹1.98L₹0.00L
Other Non Current Assets-₹0.01L₹0.55L₹0.01L₹0.01L₹0.00L
Total Non Current Assets₹1,939.05L₹1,068.52L₹1,005.57L₹1,091.68L₹0.00L
Cash And Cash Equivalents₹1,596.33L₹1,054.89L₹576.97L₹813.36L₹0.00L
Accumulated Depreciation-₹507.96L-₹449.29L-₹516.55L-₹400.10L₹0.00L
Other Short Term Investments₹899.36L₹389.71L₹0.06L₹1.07L₹0.00L
Machinery Furniture Equipment₹566.77L₹564.25L₹514.28L₹492.14L₹0.00L
Goodwill And Other Intangible Assets₹20.36L₹2.46L₹3.55L₹1.98L₹0.00L
Total Equity Gross Minority Interest₹6,491.18L₹6,284.64L₹6,456.36L₹5,236.95L₹0.00L
Total Liabilities Net Minority Interest₹2,082.38L₹1,351.18L₹3,381.20L₹2,843.44L₹0.00L
Current Debt And Capital Lease Obligation₹1,721.12L₹6.60L₹2,017.36L₹42.08L₹0.00L
Long Term Debt And Capital Lease Obligation₹87.43L₹94.91L₹514.96L₹560.30L₹0.00L
Cash Cash Equivalents And Short Term Investments₹2,495.69L₹1,444.60L₹577.03L₹814.43L₹0.00L
Total Non Current Liabilities Net Minority Interest₹116.82L₹121.12L₹527.87L₹607.68L₹0.00L

Cash Flow

Metric31/03/202631/03/202531/03/202431/03/202331/03/2022
Free Cash Flow₹69.47L₹4,389.65L-₹1,354.92L₹649.49L₹0.00L
Changes In Cash₹541.93L₹479.38L-₹236.39L₹458.54L₹0.00L
End Cash Position₹1,598.28L₹1,056.35L₹576.96L₹813.36L₹0.00L
Financing Cash Flow₹1,519.23L-₹2,987.31L₹1,009.08L-₹161.51L₹0.00L
Investing Cash Flow-₹1,075.88L-₹1,078.98L₹74.80L-₹105.51L₹0.00L
Operating Cash Flow₹98.58L₹4,545.67L-₹1,320.27L₹725.56L₹0.00L
Capital Expenditure-₹29.11L-₹156.02L-₹34.65L-₹76.07L₹0.00L
Beginning Cash Position₹1,056.35L₹576.97L₹813.36L₹354.82L₹0.00L

Income Statement

Metric31/03/202631/03/202531/03/202431/03/2023
EBIT₹463.63L₹236.70L₹2,778.58L₹2,335.62L
EBITDA₹524.02L₹345.29L₹2,905.27L₹2,441.25L
Basic EPS₹0.00L₹0.00L₹0.00L₹0.00L
Net Income₹190.19L₹109.34L₹2,033.56L₹1,703.53L
Diluted EPS₹0.00L₹0.00L₹0.00L₹0.00L
Gross Profit₹1,156.38L₹671.95L₹3,113.02L₹2,350.82L
Pretax Income₹283.78L₹155.41L₹2,730.20L₹2,285.96L
Tax Provision₹93.59L₹46.07L₹696.64L₹582.43L
Total Revenue₹36,873.23L₹64,840.07L₹1,10,103.02L₹54,321.49L
Cost Of Revenue₹35,716.85L₹64,168.12L₹1,06,990.00L₹51,970.67L
Total Expenses₹36,493.37L₹64,590.04L₹1,07,529.40L₹52,162.68L
Interest Income₹303.47L₹53.61L₹130.72L₹58.98L
Interest Expense₹179.85L₹81.29L₹48.38L₹49.66L
Operating Income₹379.86L₹250.03L₹2,573.62L₹2,158.81L
Tax Rate For Calcs₹0.00L₹0.00L₹0.00L₹0.00L
Normalized EBITDA₹799.38L₹392.18L₹2,905.27L₹2,412.42L
Normalized Income₹374.74L₹142.33L₹2,033.56L₹1,682.05L
Operating Expense₹776.52L₹421.92L₹539.40L₹192.01L
Operating Revenue₹36,873.23L₹64,840.07L₹1,10,103.02L₹54,321.49L
Net Interest Income₹121.54L-₹42.09L₹49.52L₹7.39L
Total Unusual Items-₹275.36L-₹46.89L₹0.00L₹28.83L
Basic Average Shares₹3,824.95L₹3,824.95L₹3,826.21L₹3,843.84L
Diluted Average Shares₹3,824.95L₹3,824.95L₹3,826.21L₹3,843.84L
Total Other Finance Cost₹2.08L₹14.41L₹32.82L₹1.93L
Other Operating Expenses₹39.27L₹1.83L-₹3.06L₹15.97L
Reconciled Depreciation₹60.39L₹108.59L₹125.57L₹105.63L
Reconciled Cost Of Revenue₹35,716.85L₹64,168.12L₹1,06,990.00L₹51,970.67L
Rent Expense Supplemental₹0.00L₹16.85L₹18.71L₹14.94L
Tax Effect Of Unusual Items-₹90.81L-₹13.90L₹0.00L₹7.35L
Interest Income Non Operating₹303.47L₹53.61L₹130.72L₹58.98L
Selling And Marketing Expense₹7.26L₹22.53L₹16.37L₹13.00L
Interest Expense Non Operating₹179.85L₹81.29L₹48.38L₹49.66L
Net Income Common Stockholders₹190.19L₹109.34L₹2,033.56L₹1,703.53L
Net Income Continuous Operations₹190.19L₹109.34L₹2,033.56L₹1,703.53L
Diluted NIAvailto Com Stockholders₹190.19L₹109.34L₹2,033.56L₹1,703.53L
General And Administrative Expense₹539.06L₹432.32L₹256.72L₹194.19L
Selling General And Administration₹546.32L₹454.85L₹273.09L₹207.19L
Net Income Discontinuous Operations₹0.00L₹0.00L₹0.00L₹0.00L
Otherunder Preferred Stock Dividend₹0.00L₹0.00L₹0.00L₹0.00L
Total Unusual Items Excluding Goodwill-₹275.36L-₹46.89L₹0.00L₹28.83L
Net Non Operating Interest Income Expense₹121.54L-₹42.09L₹49.52L₹7.39L
Net Income Including Noncontrolling Interests₹190.19L₹109.34L₹2,033.56L₹1,703.53L
Net Income From Continuing And Discontinued Operation₹190.19L₹109.34L₹2,033.56L₹1,703.53L
Net Income From Continuing Operation Net Minority Interest₹190.19L₹109.34L₹2,033.56L₹1,703.53L

Company Performance (FY23–FY26)

₹1.1 K Cr₹825.8 Cr₹550.5 Cr₹275.3 Cr₹0
₹543.2 Cr
₹1.1 K Cr
₹648.4 Cr
₹368.7 Cr
FY23FY24FY25FY26
Latest
₹368.73 Cr
Growth (YoY)
-43.1%
Average
₹665.34 Cr

Directors

AppointmentDirector nameDINDesignation
16/07/2013Kushal Nitinbhai Patel06626639Managing DirectorView other directorships
16/07/2013Nitinbhai Govindbhai Patel06626646Managing DirectorView other directorships
03/09/2021Harsh Kalpeshbhai Shah*****7164GCFO
22/02/2022Vinod Kanubhai Rana08160972DirectorView other directorships
25/03/2022Kunjal Jayantkumar Soni08160838DirectorView other directorships
01/04/2023Shyamsunder Kiranbhai Panchal*****3176HCompany Secretary
30/06/2023Utsav Himanshu Trivedi10185472DirectorView other directorships
23/04/2024Nilesh Hasmukhbhai Kothari10587794DirectorView other directorships
17/06/2024Shivani Pathak10481354DirectorView other directorships

Business Network

CompanyDirectorNot on WeeDooBoard seatKey rolePast seatOwnership

Directors 9

Latest Documents

Category:
DateTitleSize
29/11/2024
Form MGT-7-29112024_signed
-
08/11/2024
Form AOC-4(XBRL)-24102024
-
24/10/2024
Form AOC-4(XBRL)-24102024
-
06/01/2024
Form Addendum to AOC-4 CSR-06012024_signed
-

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Address

Servey No. 324 357 358 Kadi Thol Road Borisana, Mahesana, Kadi, Gujarat, India, 382715

Frequently Asked Questions

What is the incorporation date of Axita Cotton Limited?
The incorporation date of Axita Cotton Limited is 16/07/2013.
What is the authorized share capital and paid-up capital of Axita Cotton Limited?
The authorized share capital of Axita Cotton Limited is ₹50,00,00,000.00. The paid-up capital is ₹34,77,72,501.00.
Who are the current board members & directors of Axita Cotton Limited?

The current board member of Axita Cotton Limited are:

  • Kushal Nitinbhai Patel
  • Vinod Kanubhai Rana
  • Kushal Nitinbhai Patel
  • Vinod Kanubhai Rana
  • Kunjal Jayantkumar Soni
  • Nitinbhai Govindbhai Patel
  • Shivani Pathak
  • Nilesh Hasmukhbhai Kothari
  • Utsav Himanshu Trivedi
What is the registered address of Axita Cotton Limited?
The registered address of Axita Cotton Limited is Servey No. 324 357 358 Kadi Thol Road Borisana, Mahesana, Kadi, Gujarat, India, 382715.
What is the Corporate Identification Number of Axita Cotton Limited?
The Corporate Identification Number of Axita Cotton Limited is L17200GJ2013PLC076059.