What we do Gujarat Cotex Ltd manufactures and trades textile fabrics, specializing in diverse bags like non-woven, PP woven, BOPP laminated sacks, and offers packaging design and printing services. |
Founded in 1,996 |
Market share Recognized in Rajkot's textile industry with growing revenue, showing solid regional presence in bag manufacturing and trading segments. |
Problem solved Provides durable, quality packaging and shopping bags meeting diverse industry needs, promoting sustainable alternatives to single-use plastics. |
Top clients or who we serve Serves B2B clients in retail, packaging, and textile sectors with customized bag and sack solutions. |
Key management - |
Our journey and innovations Founded as Octagon Industries in 1996; renamed in 2007; expanded product range to multiple bag types and integrated packaging services. |
Where we operate Primarily operates in India with focus on regional markets around Rajkot and neighboring areas. |
Top products or what we offer Non-woven shopping bags, PP woven bags, various BOPP laminated sacks, packaging designing and printing services. |
Top brands - |
Raw materials needed Polypropylene, BOPP films, woven fabrics, printing inks, and packaging materials. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue mainly from cyclical trading and manufacturing operations with growth from diversified bag products. |
Our industry position Emerging textile fabric trader and manufacturer with increasing operational scale and focused regional presence. |
Financial highlights Revenue Rs. 2730.7 Lakhs and net profit Rs. 22.13 Lakhs for FY 2024-25, showing significant growth over previous year. |
Geographical revenue split - |
Order book - |
Whats driving growth Increased demand for quality packaging bags, expanded product variety, and investment in design and printing services. |
Our future plans Focus on scaling manufacturing, enhancing packaging design services, and reinforcing market footprint regionally. |
Our green promise - |
Our people and values Small dedicated workforce of 5 employees emphasizing quality, compliance, and ethical business practices. |
Key challenges ahead Managing cost pressures in raw materials and expanding market share amidst competitive packaging industry. |
Interesting facts Company was formerly Octagon Industries before rebranding as Gujarat Cotex in 2007. |
Risks and strategy Mitigates business risks via strong board oversight and compliance; plans for structured risk management development. |
