---
title: "Gujarat Cotex Ltd (GUJCOTEX) — Share Price, Financials & Analysis"
symbol: "GUJCOTEX"
company: "Gujarat Cotex Ltd"
canonical: "https://tapetide.com/stocks/GUJCOTEX"
bse_code: "514386"
sector: "Consumer Discretionary"
industry: "Textiles & Apparels"
generated_at: "2026-09-13T19:25:08.056Z"
---

# Gujarat Cotex Ltd (GUJCOTEX)

Canonical page: https://tapetide.com/stocks/GUJCOTEX

## Company

- **BSE Code:** 514386
- **Sector:** Consumer Discretionary
- **Industry:** Textiles & Apparels
- **Macro Sector:** Consumer Discretionary
- **Face Value:** ₹5
- **F&O Eligible:** No
- **Website:** gujcotex.com

## About

Incorporated in 1992, Gujarat Cotex Ltd is in the business of trading textile fabrics and land[1]

## Latest Price

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.
- Company is expected to give good quarter
- Debtor days have improved from 132 to 99.8 days.
- Company's working capital requirements have reduced from 53.2 days to 13.9 days

### Weaknesses

- Stock is trading at 4.38 times its book value
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -9.74%
- Promoter holding is low: 1.72%
- Company has a low return on equity of 2.69% over last 3 years.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -133% | — | -17% |
| revenue growth | 59% | 32% | 44% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 3.95 | 4.39 | 3.67 | 7.13 | 5.2 | 6.97 | 8.01 | 4.88 | 17.36 | 7.63 | 8.58 | 6.39 |
| Expenses | 3.93 | 4.3 | 3.63 | 6.93 | 5.06 | 6.84 | 8.1 | 4.48 | 16.98 | 7.73 | 9.2 | 6.22 |
| Operating Profit | 0.02 | 0.09 | 0.04 | 0.2 | 0.14 | 0.13 | -0.09 | 0.4 | 0.38 | -0.1 | -0.62 | 0.17 |
| OPM % | 0.51 | 2.05 | 1.09 | 2.81 | 2.69 | 1.87 | -1.12 | 8.2 | 2.19 | -1.31 | -7.23 | 2.66 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.02 | 0 | 0.18 | 0.06 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Depreciation | 0 | 0 | 0.03 | 0 | 0 | 0 | 0.06 | 0 | 0 | 0 | 0.09 | 0 |
| Profit before tax | 0.02 | 0.09 | 0.01 | 0.2 | 0.14 | 0.12 | -0.16 | 0.41 | 0.37 | 0.07 | -0.66 | 0.16 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 50 | 0 | 0 | 14.29 | 9.09 | 0 |
| Net Profit | 0.02 | 0.09 | 0.01 | 0.2 | 0.14 | 0.12 | -0.24 | 0.41 | 0.37 | 0.05 | -0.72 | 0.16 |
| EPS in Rs | 0 | 0.01 | 0 | 0.02 | 0.01 | 0.01 | -0.02 | 0.04 | 0.04 | 0.01 | -0.07 | 0.02 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 34.52 | 37.65 | 7.18 | 6.19 | 14.34 | 16.63 | 16.91 | 27.31 | 38.43 | 39.96 |
| Expenses | 34.47 | 36.56 | 7.31 | 5.88 | 14.25 | 16.58 | 16.62 | 26.89 | 38.38 | 40.13 |
| Operating Profit | 0.05 | 1.09 | -0.13 | 0.31 | 0.09 | 0.05 | 0.29 | 0.42 | 0.05 | -0.17 |
| OPM % | 0.14 | 2.9 | -1.81 | 5.01 | 0.63 | 0.3 | 1.71 | 1.54 | 0.13 | -0.43 |
| Other Income | 0 | -1.03 | 0 | -0.42 | 0.53 | 0.02 | 0 | -0.04 | 0.26 | 0.24 |
| Interest | 0.01 | 0.01 | 0.01 | 0.02 | 0.01 | 0.01 | 0 | 0.02 | 0.04 | 0.04 |
| Depreciation | 0.03 | 0.03 | 0.03 | 0.04 | 0.05 | 0.04 | 0.03 | 0.06 | 0.09 | 0.09 |
| Profit before tax | 0.01 | 0.02 | -0.17 | -0.17 | 0.56 | 0.02 | 0.26 | 0.3 | 0.18 | -0.06 |
| Tax % | 0 | 50 | 0 | 0 | 0 | 50 | 26.92 | 26.67 | 44.44 | — |
| Net Profit | 0.01 | 0 | -0.17 | -0.17 | 0.56 | 0.01 | 0.19 | 0.22 | 0.1 | -0.14 |
| EPS in Rs | 0 | 0 | -0.02 | -0.02 | 0.06 | 0 | 0.02 | 0.02 | 0.01 | 0 |
| Dividend Payout % | 0 | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 7.12 | 7.12 | 7.12 | 7.12 | 7.12 | 7.12 | 7.12 | 7.12 | 7.12 | 7.12 |
| Reserves | -0.91 | -0.9 | -0.9 | -1.07 | -1.25 | -0.68 | -0.67 | -0.48 | -0.26 | -0.41 |
| Borrowings | 0.22 | 0.16 | 0.52 | 0.64 | 0.53 | 0.82 | 0.68 | 1 | 3.31 | 0.43 |
| Other Liabilities | 4.75 | 12.46 | 16.92 | 0.41 | 5.85 | 9.67 | 7.88 | 6 | 20.91 | 11.18 |
| Total Liabilities | 11.18 | 18.84 | 23.66 | 7.1 | 12.25 | 16.93 | 15.01 | 13.64 | 31.08 | 18.32 |
| Fixed Assets | 1.38 | 1.35 | 1.26 | 1.18 | 1.14 | 1.1 | 0.24 | 1.07 | 1.49 | 1.4 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.72 | 3.2 | 3.2 |
| Investments | 0.75 | 0.75 | 0.75 | 0.75 | 0.75 | 0.75 | 2.5 | 1.16 | 1.21 | 0.85 |
| Other Assets | 9.05 | 16.74 | 21.65 | 5.17 | 10.36 | 15.08 | 12.27 | 9.69 | 25.18 | 12.87 |
| Total Assets | 11.18 | 18.84 | 23.66 | 7.1 | 12.25 | 16.93 | 15.01 | 13.64 | 31.08 | 18.32 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0.26 | 0.63 | -0.01 | -0.05 | -0.08 | -0.59 | 0.29 | -1.13 | 1.27 | 1.89 |
| Cash from Investing Activity | -0.12 | -0.35 | -0.56 | 0.05 | 0.01 | 0.63 | -0.91 | -1.16 | -2.26 | 0.86 |
| Cash from Financing Activity | -0.03 | -0.07 | 0.35 | 0.12 | -0.14 | 0.28 | 0.67 | 2.01 | 1.23 | -2.97 |
| Net Cash Flow | 0.11 | 0.21 | -0.22 | 0.12 | -0.21 | 0.32 | 0.05 | -0.27 | 0.24 | -0.22 |
| Free Cash Flow | 0.12 | 0.63 | 0.04 | 0 | -0.08 | -0.59 | 1.14 | -3.72 | -0.74 | 1.89 |
| CFO/OP | -867 | 1260 | -1 | 38 | -26 | -656 | 580 | -390 | 302 | 3780 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 249.16 | 168.97 | 197.87 | 174.87 | 531.87 | 328.35 | 236.6 | 189.52 | 106.25 | 99.82 |
| Inventory Days | 0 | 0 | 1.1 | 2.56 | 18.34 | 20.12 | 7.98 | 1.56 | 0.55 | 0.59 |
| Days Payable | — | — | 167.14 | 0.51 | 356.14 | 247.12 | 166.09 | 108.41 | 87.74 | 98.7 |
| Cash Conversion Cycle | 249.16 | 168.97 | 31.83 | 176.92 | 194.08 | 101.35 | 78.49 | 82.66 | 19.06 | 1.71 |
| Working Capital Days | 110.77 | 35.84 | 30.83 | 156.07 | 183.38 | 87.56 | 71.11 | 97.78 | 48.11 | 13.87 |
| ROCE % | -0.85 | 0.31 | 16.16 | -2.38 | 4.28 | 8.35 | 0.28 | 3.52 | 4.04 | 2.54 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 48.17% | 48.17% | 48.17% | 0% | 48.17% | 48.17% | 11.46% | 11.46% | 11.46% | 11.46% | 1.72% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 1.21% | 0% | 0% |
| Public | 51.83% | 51.83% | 51.83% | 100% | 51.83% | 51.83% | 88.54% | 88.54% | 87.33% | 88.54% | 98.27% |
| No. of Shareholders | 1507 | 1532 | 1539 | 1549 | 1782 | 1881 | 13021 | 18588 | 34565 | 33702 | 34678 |

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 11.46% | 11.46% | 11.46% | 11.46% | 11.46% | 11.46% | 11.46% | 11.46% | 11.46% | 11.46% | 11.46% | 1.72% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 1.21% | 1.21% | 0% | 0% | 0% | 0% |
| Public | 88.54% | 88.55% | 88.54% | 88.54% | 88.54% | 88.55% | 87.33% | 87.33% | 88.54% | 88.54% | 88.54% | 98.27% |
| No. of Shareholders | 12105 | 14506 | 18588 | 23299 | 27943 | 32630 | 34565 | 34649 | 34489 | 33891 | 33702 | 34678 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 2 / 7 / 10

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 2.86 | Buy |
| EMA (10) | 2.95 | Sell |
| SMA (20) | 3.08 | Sell |
| EMA (20) | 2.99 | Sell |
| SMA (50) | 3.02 | Sell |
| EMA (50) | 3.42 | Sell |
| SMA (100) | 5.37 | Sell |
| EMA (100) | 4.35 | Sell |
| SMA (200) | 5.67 | Sell |
| EMA (200) | 5.28 | Sell |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 47.11 | Neutral |
| MACD (12,26,9) | -0.07 | Buy |
| Stochastic (14,3,3) | 50.43 | Neutral |
| ADX (14) | 23.88 | Neutral |
| Williams %R (14) | -56.41 | Neutral |
| ATR (14) | 0.18 | High Volatility |
| ROC (12) | -12.98 | Sell |
| Stoch RSI (14) | 56.06 | Neutral |
| UO (7,14,28) | 58.3 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 4 Sep - Submitted FY2025-26 annual report; AGM on 28 September 2026 with director and secretarial auditor appointments. | [Reg. 34 (1) Annual Report. 4 Sep - Submitted FY2025-26 annual report; AGM on 28 September 2026 with director and secretarial auditor appointments.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1e355d68-ef42-4ae0-bb11-24894ff6a6c2.pdf) |
| 27 Aug - Board meets 1 Sep 2026 to consider new divisions, office acquisition, AGM items, and director appointments. | [Board Meeting Intimation for 1. Establishment Of New Business Divisions & Diversify The Business Operations 2. Board Report & Notice Of AGM For 31/03/2026 3. Appointment Of Director(S), Scrutinizer, Secretarial Auditor & Internal Auditor Of Company 4. Other Business As Attached 27 Aug - Board meets 1 Sep 2026 to consider new divisions, office acquisition, AGM items, and director appointments.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=efd6a539-6517-44fb-99f8-0797016a2a2b.pdf) |
| 23 Jul - Submitted Regulation 74(5) certificate for quarter ended 30 June 2026, including one dematerialised share certificate. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 23 Jul - Submitted Regulation 74(5) certificate for quarter ended 30 June 2026, including one dematerialised share certificate.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=698bb3d5-68e8-4a73-a43f-096a899e41f1.pdf) |
| 23 Jul - Submission of Newspaper Advertisements for publication of un-audited financial Statements for Period ended 30/06/2026. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 23 Jul - Submission of Newspaper Advertisements for publication of un-audited financial Statements for Period ended 30/06/2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8d00ebd0-34d0-4937-9b38-34854496c3a8.pdf) |
| 17 Aug - Gujarat Cotex proposes two new divisions: Prabhat Oils and Prabhat Infratech, pending board approval. | [Establishment Of Two New Business Divisions, 'Prabhat Oils' And 'Prabhat Infratech' 17 Aug - Gujarat Cotex proposes two new divisions: Prabhat Oils and Prabhat Infratech, pending board approval.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e5db301a-d0bb-4ccf-9b75-58d184375b1c.pdf) |
| 14 Aug - Monitoring Agency Report for quarter ended 30 June 2026 on ₹42.73 crore rights issue utilisation; no deviation. | [Announcement under Regulation 30 (LODR)-Monitoring Agency Report 14 Aug - Monitoring Agency Report for quarter ended 30 June 2026 on ₹42.73 crore rights issue utilisation; no deviation.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8f583c14-2225-45f0-90b9-c52bcb7b9c9c.pdf) |
| 1 Sep - M/s. Haresh Karvat & Co. appointed internal auditor for five years from 01 Sep 2026. | [Intimation Of Appointment Of Internal Auditor 1 Sep - M/s. Haresh Karvat & Co. appointed internal auditor for five years from 01 Sep 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=96b0e771-cd1e-4b2a-974f-fa39a114aeb7.pdf) |
| 1 Sep - Board approved M/s K. Dalal & Co. as secretarial auditor for five years from 28 September 2026. | [Intimation Of Appointment Of Secretarial Auditor 1 Sep - Board approved M/s K. Dalal & Co. as secretarial auditor for five years from 28 September 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7a22f174-d8e9-4978-aa78-3b7327e5ee5b.pdf) |
| 1 Sep - Board approved appointment of Parul Rajesh Manubarwala and reappointment of Vidya Pramod Patil as independent directors. | [Announcement under Regulation 30 (LODR)-Change in Directorate 1 Sep - Board approved appointment of Parul Rajesh Manubarwala and reappointment of Vidya Pramod Patil as independent directors.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a937f1b6-032f-4841-91a8-d3121dd98e3c.pdf) |
| 1 Sep - AGM on 28 Sep 2026; book closure 22-28 Sep, record date 21 Sep, e-voting 25-27 Sep. | [Intimation Of Record Date For Purpose Of Annual General Meeting 1 Sep - AGM on 28 Sep 2026; book closure 22-28 Sep, record date 21 Sep, e-voting 25-27 Sep.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e9e14ff7-1f8e-4c84-9015-d5b25e610150.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bea87e7f-3107-4f17-80b8-889224a5d77f.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ed771cb0-7b36-46e2-a3bf-bdc1460c28bc.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f3bf4100-a3d2-4276-a251-7608a0a21b04.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/514386/75773514386.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/514386/70415514386.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/514386/67967514386.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/514386/5143860319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/514386/5143860318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/514386/5143860317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/514386/5143860316.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:25:08.056Z.