MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0150664
Fine Footwear Private Limited
Fine Footwear Private Limited - consumer goods in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2026
₹8.34 Cr
▼ 30% YoY
Net profit · FY 2026
₹16.56 Lakh
Net margin 2%
EBITDA · FY 2026
₹38.94 Lakh
EBITDA margin 4.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
29 yrs
Est. 1997
Directors on board
5
As per MCA filings
Active GSTINs
1
GST registered
About Fine Footwear Private Limited
Data last updated:
Fine Footwear Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the footwear manufacturing segment of the consumer goods sector. It was incorporated on 02 April 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U19201KA1997PTC022073. Its GSTIN is 29AAACF3116H1ZW (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Deepak Gulati (Managing Director) and Ravi Gulati Kasturilal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 28 September 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 30 1st Floor Archana Market Sultanpet, Bangalore, Karnataka, India – 560053.
As per the financials filed for FY 2026, the company reported a revenue of ₹8.34 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹16.56 Lakh (net margin 2%) and EBITDA of ₹38.94 Lakh (EBITDA margin 4.7%). Revenue has declined at a compounded annual rate (CAGR) of 15% over five years.
Court records list 10 cases involving the company, including 6 filed by the company and 4 filed against it; 1 case is pending.
Fine Footwear Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0150664). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U19201KA1997PTC022073
Registration Number 022073
Incorporation Date 02 April 1997
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0150664
Key People
Deepak Gulati Managing Director Ravi Gulati Kasturilal Whole-Time Director Neera Gulati Whole-Time Director Recognitions & Rankings of Fine Footwear
Contact details
Fine Footwear Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered Address30 1st Floor Archana Market Sultanpet, Bangalore, Karnataka, India – 560053
- IndustryConsumer Goods, Footwear Manufacturing
To see the full contact details of Fine Footwear Private Limited, buy the company report.
Comprehensive company report
Fine Footwear Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Business activity
The main business activity of Fine Footwear is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Fine Footwear Private Limited, buy the company report.
Financials of Fine Footwear Private Limited
FY 2026 filings availableFine Footwear Private Limited reported revenue of ₹8.34 Cr (down 30% YoY) for FY 2026.
Revenue · FY 2026
₹8.34 Cr ▼ 30%
Net profit · FY 2026
₹16.56 Lakh margin 2%
EBITDA · FY 2026
₹38.94 Lakh margin 4.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 30%
5 years · compounded
▼ 15%
EBITDA CAGR growth
1 year
▲ 1%
5 years · compounded
▼ 22%
Revenue has declined at a compounded annual rate (CAGR) of 15% over five years, including a 30% fall in the latest year. EBITDA rose 1% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹8.34 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹38.94 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹16.56 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.7% | ||||
| Net Profit Margin | 2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Fine Footwear Private Limited, buy the company report.
Board of directors of Fine Footwear Private Limited
Fine Footwear has 5 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Gulati Kasturilal | Whole-Time Director | 02 Apr 1997 | 29 Years 7 Months | Current |
| Neera Gulati | Whole-Time Director | 02 Apr 1997 | 29 Years 7 Months | Current |
| Kamini Gulati | Whole-Time Director | 02 Apr 1997 | 29 Years 7 Months | Current |
| Deepak Gulati | Managing Director | 02 Apr 1997 | 29 Years 7 Months | Current |
| Megha Gulati | Director | 21 Mar 2011 | 15 Years 7 Months | Current |
Peer comparison
Fine Footwear Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Footwear, Footwear Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Leefong Exim Private Limited | ₹12.26 Cr (FY 2025) | 16.0% | Kozhikode, Kerala, India | |||
| Koblerr Foot Wear & Accessories Private Limited | ₹11.86 Cr (FY 2025) | 0.0% | Chennai, Tamil Nadu, India | |||
| Sensedynamic Fashions India Private Limited | ₹11.58 Cr (FY 2023) | 190.0% | Bangalore, Karnataka, India | |||
| Gli Footwear Private Limited | ₹11.35 Cr (FY 2025) | 220911.0% | Bahadurgarh, Haryana, India | |||
| Fine Footwear Private Limitedthis company | ₹8.34 Cr (FY 2026) | ₹16.56 Lakh | 2% | -30.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Fine Footwear Private Limited, buy the company report.
Auditor
Fine Footwear Private Limited is audited by RAVINDRA & PRABHAKARA for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAVINDRA & PRABHAKARA | FY 2019 | 006691S |
Shareholding
The shareholding of Fine Footwear Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Fine Footwear Private Limited, buy the company report.
Legal cases
Fine Footwear Private Limited has 10 court cases on record: 6 filed by Fine Footwear, 4 filed against it. 1 case is pending and 9 are disposed.
Total cases
10
Filed by the company
6
Filed against the company
4
Pending
1
Disposed
9
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 4 | 1 |
| High courts | 3 | 0 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by Skechers South Asia Private Limited and 3 others | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against Skechers South Asia Private Limited and 2 others | Disposed |
| High Court of Karnataka | Court case (RP) | Filed by the company against Skechers South Asia Private Limited and 2 others | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by M/S Sree Ragavendra Enterprises | Pending |
| High Court, KARNATAKA | Arbitration matter | Filed by the company against an individual | Disposed |
To see the full case history of Fine Footwear Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Fine Footwear Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Fine Footwear has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACF3116H1ZW | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Fine Footwear Private Limited, buy the company report.
Recent activity
Fine Footwear Private Limited has 5 board changes on record since 1997: 5 appointments. The latest: Megha Gulati was appointed as Director on 21 Mar 2011.
AGM
Fine Footwear Private Limited last Annual general meeting of members was held on 28 Sep 2026 as per latest MCA records.
Filing
Fine Footwear Private Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Bangalore.
Appointed
Megha Gulati was appointed as Director.
Appointed
Deepak Gulati was appointed as Managing Director.
Appointed
Kamini Gulati was appointed as Whole-Time Director.
Appointed
Neera Gulati was appointed as Whole-Time Director.
Appointed
Ravi Gulati Kasturilal was appointed as Whole-Time Director.
Incorporation
02 Apr 1997
Fine Footwear Private Limited was registered on 02 Apr 1997 with Roc Bangalore & aged 29 years 7 months as per MCA records.
Frequently asked questions
Fine Footwear is an active private limited company based in Bangalore, Karnataka, India. The company works in footwear manufacturing, within the consumer goods industry. It was incorporated on 02 April 1997 (29+ years old) and is registered under CIN U19201KA1997PTC022073.
Fine Footwear has 5 current directors:
- Deepak Gulati - Managing Director
- Ravi Gulati Kasturilal - Whole-Time Director
- Neera Gulati - Whole-Time Director
- Kamini Gulati - Whole-Time Director
- Megha Gulati - Director
The latest financial statements of Fine Footwear on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 28 September 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Fine Footwear is 29AAACF3116H1ZW, registered in Karnataka.
The CIN (Corporate Identification Number) of Fine Footwear is U19201KA1997PTC022073. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fine Footwear has 10 court cases on record: 6 filed by the company and 4 filed against it. 1 is pending. Most are in the district courts.
Fine Footwear was incorporated on 02 April 1997, making it 29+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Fine Footwear by revenue are Leefong Exim Private Limited, Koblerr Foot Wear & Accessories Private Limited, Sensedynamic Fashions India Private Limited, Gli Footwear Private Limited, all in the Consumer Products industry (Footwear, Footwear Retail and Distribution), with the same principal business activity (wholesale trading).
Megha Gulati was appointed as Director on 21 Mar 2011. Deepak Gulati was appointed as Managing Director on 02 Apr 1997. Kamini Gulati was appointed as Whole-Time Director on 02 Apr 1997. Fine Footwear has 5 board changes on record in total.
Yes, Fine Footwear is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0150664).
The registered office of Fine Footwear is at 30 1st Floor Archana Market Sultanpet, Bangalore, Karnataka, India – 560053.
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