VCL
Vaxtex Cotfab financials
- Market cap
- ₹32 Cr
- Sector
- Textiles
What Vaxtex Cotfab Limited does
Vaxtex Cotfab Limited is a Gujarat-based textile company listed on the NSE, headquartered in Ahmedabad. The company's Board of Directors was suspended after the National Company Law Tribunal (Ahmedabad Bench) admitted a Corporate Insolvency Resolution Process against it in January 2024, and its affairs are now managed by a court-appointed Resolution Professional. The annual report for FY2023-24 does not disclose any detail of the company's manufacturing operations, product lines, or business segments.
- Corporate status
- Under Corporate Insolvency Resolution Process (CIRP) since Jan 2024; Board of Directors suspended, Resolution Professional appointed
Quarterly results
Q1 FY27: net profit down 122.7% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 5 | 0 | 2 | 9 | 0 −100% | 0 |
| EBITDA | -0 | -0 | -0 | -0 | -0 +0% | 2 +724% | -0 +0% | -0 +62% |
| Net profit | -0 | -0 | 1 | 0 | 1 +575% | 4 +1113% | 1 −40% | -0 −123% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +120.0% 1Y
1Y: ₹0.75 on 24 Mar 2025 → ₹1.65. High ₹2.13 (21 Aug 2026), low ₹0.75 (24 Mar 2025).
Financials, as filed
Revenue fell 18.0% a year over 2 years, FY24 to FY26. Operating margin widened to 17.0%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹17 Cr | ₹5 Cr | ₹11 Cr |
| Operating profit | ₹-9 Cr | ₹-0 Cr | ₹2 Cr |
| Operating margin | -55.1% | -9.1% | 17.0% |
| Interest | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Net profit | ₹-9 Cr | ₹1 Cr | ₹6 Cr |
| Net margin | -53.2% | 17.0% | 49.5% |
| Cash from operations | ₹-48 Cr | ₹1 Cr | ₹-2 Cr |
| Free cash flow | ₹-51 Cr | ₹1 Cr | ₹0 Cr |
| ROCE | -20.7% | 1.8% | 17.9% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹6 Cr | ₹10 Cr | ₹13 Cr | ₹18 Cr | ₹18 Cr | ₹18 Cr |
| Reserves | ₹3 Cr | ₹0 Cr | ₹11 Cr | ₹0 Cr | ₹-1 Cr | ₹4 Cr |
| Borrowings | ₹10 Cr | ₹7 Cr | ₹5 Cr | ₹12 Cr | ₹11 Cr | ₹5 Cr |
| Other liabilities | ₹3 Cr | ₹6 Cr | ₹41 Cr | ₹19 Cr | ₹17 Cr | ₹9 Cr |
| Total liabilities | ₹22 Cr | ₹24 Cr | ₹69 Cr | ₹49 Cr | ₹46 Cr | ₹37 Cr |
| Fixed assets | ₹4 Cr | ₹4 Cr | ₹4 Cr | ₹1 Cr | ₹0 Cr | ₹0 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹1 Cr | ₹1 Cr | ₹7 Cr | ₹5 Cr | ₹1 Cr |
| Other assets | ₹18 Cr | ₹19 Cr | ₹65 Cr | ₹41 Cr | ₹40 Cr | ₹36 Cr |
| Total assets | ₹22 Cr | ₹24 Cr | ₹69 Cr | ₹49 Cr | ₹46 Cr | ₹37 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, promoters trimmed −15.97 pp while FIIs added +11.14 pp. The shareholder count shrank 5% to 39,842.
- Promoters
- 0.5%
- FIIs
- 11.1%
- Public
- 88.4%
Since Jun 2025
- Promoters −15.97 pp
- FIIs +11.14 pp
- Public +4.83 pp
How it drifted, 12 quarters
Over this window promoters fell from 18.1% to 0.5% — −17.6 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 18.1%, FIIs 0.0%, Public 81.9%.Dec '23: Promoters 18.1%, FIIs 0.0%, Public 81.9%.Mar '24: Promoters 18.1%, FIIs 0.0%, Public 81.9%.Jun '24: Promoters 18.1%, Public 81.9%.Sep '24: Promoters 18.1%, Public 81.9%.Dec '24: Promoters 18.1%, Public 81.9%.Mar '25: Promoters 18.1%, Public 81.9%.Jun '25: Promoters 16.5%, Public 83.5%.Sep '25: Promoters 16.5%, Public 83.5%.Dec '25: Promoters 0.8%, FIIs 9.1%, Public 90.1%.Mar '26: Promoters 0.5%, FIIs 11.2%, Public 88.3%.Jun '26: Promoters 0.5%, FIIs 11.1%, Public 88.4%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Vaxtex Cotfab Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Nova Global Opportunities Fund Pcc - Touchstone FPI fund | 5.99% | −0.06 pp |
| Charu Mehra | 5.81% | unchanged |
| Golden Bio Energy Limited | 5.55% | unchanged |
| Zeal Global Opportunities Fund FPI fund | 4.08% | unchanged |
| Divya Kanda | 3.43% | unchanged |
| Prakash Banga | 1.93% | unchanged |
| Rajvansh Electricals Private Limited | 1.67% | unchanged |
| Vivek Kanda | 1.39% | unchanged |
| Kartik Bathla | 1.31% | unchanged |
| Shipra Bathla | 1.27% | unchanged |
| Nova Global Opportunities Fund Pcc - Bluestone FPI fund | 1.06% | unchanged |
| Bharti Kailash Gupta | 0.40% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Vaxtex Cotfab Limited
Guides on how to read this kind of business and the numbers that matter.