What we do Vaxtex Cotfab Limited is a textile manufacturer in India specializing in processing and trading suiting, shirting, and denim fabrics with wearable technology capabilities. |
Founded in 2,005 |
Market share A leading player in Indian textile manufacturing with competitive fabric processing capacity and growing market presence. |
Problem solved Provides quality finished fabrics to garment manufacturers and traders, addressing demand for diverse textile materials and innovative fabric solutions. |
Top clients or who we serve Garment manufacturers and small fabric traders across India; primarily B2B customers in textile and apparel sectors. |
Key management Aakash Rajeshbhai Thakor (Managing Director), Pratapsingh Bhoorsingh Zala (CFO), and a board with qualified independent directors. |
Our journey and innovations Started as a trading company in 2005, shifted to manufacturing in 2016, introduced diverse fabric treatments and wearable technology in textiles. |
Where we operate Operations focused in India with headquartered in Ahmedabad; no significant export revenue reported. |
Top products or what we offer Suiting, shirting, denim, cotton and polyester blend fabrics with pigment and reactive dyeing finishes. |
Top brands Vaxtex Cotfab's notable brands include Vaxlife (garments and fabrics trading) and Vax Pharma (manufacturing and trading of masks and PPE kits). |
Raw materials needed Primarily cotton and polyester fabrics as raw materials for processing and finishing. |
Raw materials supplier Sourced directly from fabric manufacturers and large wholesalers across India. |
Recurring vs cyclical contribution Revenue is primarily cyclical, influenced by textile industry demand cycles. |
Our industry position Emerging leader in textile fabric processing with installed capacity of around 12 lakh meters/month. |
Financial highlights Revenue Rs 5.25 Crore and Net Profit Rs 0.88 Crore for FY2024-25, recovering from prior losses and insolvency outcomes. |
Geographical revenue split Revenue is largely domestic with no export revenue in recent fiscal years. |
Order book - |
Whats driving growth Expansion into manufacturing textile fabrics, wearable tech integration, and diversification into garments and PPE products. |
Our future plans Focus on capacity expansion and diversifying product lines in fabrics and PPE kits for sustained growth. |
Our green promise - |
Our people and values Commitment to ethical business conduct, transparency, and safe work environment with ongoing corporate governance improvements. |
Key challenges ahead Recovering from insolvency, market competition, and scaling operations while maintaining profitability. |
Interesting facts Survived corporate insolvency resolution, resumed growth and profitability with renewed management focus. |
Risks and strategy Managing risks via internal financial controls, compliance systems, and continuous board evaluation to mitigate market and operational risks. |
