Promoter holding
64.27%
DC
Dhanlaxmi Cotex Limited - Due diligence report
A 360° intelligence report on Dhanlaxmi Cotex Limited: trust score, financial health, credit view, compliance, directors, growth and distres…
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Dhanlaxmi Cotex Limited — 360° Intelligence Report
Generated from MCA filings & public records75/100
Trust Score
Low Risk
Dhanlaxmi Cotex Limited is assessed as Low Risk with a Trust Score of 75/100. Dhanlaxmi Cotex Limited is an active public limited indian non-government company incorporated in 1987, operating in the Financial Services sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a high compliance risk and low financial risk profile.
Report generated on 09 Aug 2026 from the latest processed filings. Dhanlaxmi Cotex Limited snapshot & full profile →
Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.
02
Score Card
Higher is safer · rule-based & explainableTrust ScoreLow Risk
75/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
41/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
90/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
60/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
90/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
70/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
80/100
Early-warning signals - higher means fewer warnings.
03
Financial Intelligence Dashboard
Standalone · 5 filed year(s)Unlock the full 5-year financial dashboard with charts and year-wise figures.
Get full accessScores and observations on this page are already computed from the real filings - only the underlying figures are locked.
04
Credit & Compliance Intelligence
Why the scores are what they are
Credit Risk Score: 60/100 Moderate
- Negative operating earnings - debt service depends on external support.
- No open charges - unencumbered balance sheet.
- Working-capital cover adequate.
- Profitable - internal accruals available.
Charges position: 0 open (-) · 0 satisfied (-).
Compliance Score: 41/100 Caution Indicated
- Company status is Active as per MCA.
- Balance sheet slightly behind (Mar 2024).
- Flagged by authority: BSE, SEBI.
- Litigation present in 1 court forum(s).
- 1 auditor resignation(s) filed - latest: R SONI & COMPANY on 2020-07-31.
- 1 active GST registration(s).
Legal cases on record (1)
05
Director Intelligence
Stability score: 90/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| ARTI NISHANT JAIN | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| ARPIT TIBREWALA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| MAHESH SOHANLAL JHAWAR | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| RAHUL MAHESH JHAWAR | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| PAYAL ANKUR BANKDA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| NATWAR NAGARMAL AGARWAL | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Monita Amit Sheth | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 7 directors on the board.
- No disqualified or deactivated DINs.
- 2 director exit(s) in the last 3 years.
- Average tenure above 5 years.
Director & KMP remuneration (FY 2023)
| Name | Designation | Total remuneration |
|---|---|---|
| A K Sharma | Managing Director | 2.4 cr |
| R Mehta | Whole-time Director | 1.6 cr |
| S Iyer | CFO | 95.0 L |
Remuneration is disclosed in the latest annual return. Unlock full report
06
Ownership & Group Intelligence
As per FY 2023 annual returnPublic / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
-
Promoters hold a majority stake - exact percentages are part of the full report.
| Group entity | Relationship | % held |
|---|---|---|
| Mr Share Broking Private Limited | Associate Company | 74.00% |
Key managerial personnel: MAHESH SOHANLAL JHAWAR (Managing Director) · RAHUL MAHESH JHAWAR (CFO) · PAYAL ANKUR BANKDA (CFO)
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 70 · Distress 80
Growth signals & trust indicators
Revenue acceleration: +38% over 4 year(s).
Operating for 39+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Outside liabilities up 1.42 in a year.
Compliance score is weak (41/100).
1 auditor resignation(s) on record - review the stated reasons.
1 court case(s) on record - see the legal section for details.
08
Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence63/100
Review suggested
Suitability as a supplier / customer counterparty.
- Check the compliance flags before onboarding.
- 1 distress signal(s) - see Risk Center.
- Financial filings available for verification.
Banker assessment64/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- No existing security registered - first-charge position available.
- Compliance gaps should be priced into terms.
Investor view78/100
Positive growth indicators
Growth quality and scalability through an investor lens.
- 1 growth signal(s) detected.
- Margin and return trends computable from filings.
- Management team looks stable.
09
MCA Filings & Events Timeline
Latest 15 events18 Dec 2025
Director appointed
PAYAL ANKUR BANKDA (CFO)
21 Mar 2025
Director ceased
Monita Amit Sheth
10 Feb 2025
Director appointed
Monita Amit Sheth (Director)
28 Sep 2024
Last AGM held
Annual general meeting
03 Aug 2024
Director ceased
RAJNI RAJGARHIA
31 Mar 2024
Latest balance sheet
Filed with ROC
24 Sep 2022
Director ceased
PAYAL ANKUR BANKDA
08 Jul 2022
Director appointed
ARTI NISHANT JAIN (Company Secretary)
10 Feb 2022
Director appointed
RAHUL MAHESH JHAWAR (CFO)
30 Sep 2020
Director ceased
ARPIT TIBREWALA
Director ceased
LAXMI JHAWAR MAHESH
07 Feb 2020
Director appointed
ARPIT TIBREWALA (Director)
28 Nov 2019
Director ceased
KONIKA NIRMAL SHAH
14 Nov 2019
Director ceased
RAMAUTAR SOHANLAL JHAWAR
Director ceased
GOPAL MOHTA
10
Key Observations
Auto-generated from the data aboveRevenue grew 2.1x over the last 4 financial year(s).
Net profit margin moved from 24% to 0.86.
Net worth is positive.
7 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a majority stake as per the FY 2023 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
| Company | CIN | Location |
|---|---|---|
| Bcap Advisors India Private Limited | U74140MH2021PTC355426 | Mumbai, Maharashtra, India |
| Ashika Group | U65929WB1995PTC069046 | Kolkata, West Bengal, India |
| Scil Capital India Private Limited | U74140MH1995PTC092200 | Mumbai, Maharashtra, India |
| J M Assets Management Private Limited | U65990MH1989PTC050650 | Mumbai, Maharashtra, India |
| Nirmal Bang Financial Services Private Limited | U65923MH1994PTC077315 | Mumbai, Maharashtra, India |
| Hepriko Forex Private Limited | U67100GJ2009PTC058273 | Ahmedabad, Gujarat, India |
| Npci International Payments Limited | U67190MH2020PLC339220 | Mumbai, Maharashtra, India |
| Jsr Forex Private Limited | U65999HR2017PTC071845 | Gurugram, Haryana, India |
12
Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Dhanlaxmi Cotex Limited before audits and certifications: compliance score 41/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Dhanlaxmi Cotex Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.
Bankers & NBFCs
Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 60/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Positive growth indicators. Growth score 70/100, margin trends, ownership structure and peer set for Dhanlaxmi Cotex Limited - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Review suggested. Trust score 75/100, distress signals and MSME payment-delay disclosures - know whether Dhanlaxmi Cotex Limited pays its suppliers before you extend credit terms.
Lawyers & Compliance Teams
Litigation footprint (1 case(s) on record), regulatory flags, charge documents trail and director networks for Dhanlaxmi Cotex Limited - groundwork for KYC, onboarding and disputes.
13
Frequently Asked Questions
Is Dhanlaxmi Cotex Limited an active company?
Dhanlaxmi Cotex Limited has MCA status “Active” with a compliance score of 41/100 (Caution Indicated).
Is Dhanlaxmi Cotex Limited financially healthy?
Dhanlaxmi Cotex Limited has a Financial Health Score of 90/100 (Low Risk) based on its filed financial statements.
Should I do business with Dhanlaxmi Cotex Limited?
Its overall Trust Score is 75/100 (Low Risk). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Dhanlaxmi Cotex Limited?
Promoters hold a majority stake - exact percentages are in the full report. 7 active director(s) are on record.
Does Dhanlaxmi Cotex Limited have loans or charges against its assets?
No charges are registered against this company - an unencumbered balance sheet.
Is Dhanlaxmi Cotex Limited up to date with its ROC filings?
Balance sheet slightly behind (Mar 2024). Overall compliance score: 41/100 (Caution Indicated).
Is it risky to lend to Dhanlaxmi Cotex Limited?
Its Credit Risk Score is 60/100 (Moderate). Banker verdict: Mixed indicators - deeper appraisal suggested.
Disclaimer: This report is generated automatically from MCA filings and public records as available
in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the
underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are
not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice.
Verify from official sources and consult a qualified professional before any business, lending or investment decision.
If you represent this company and believe any information is inaccurate or outdated,
report it here and we will review promptly.
