MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-UP-74-0001761
Ace Exports Limited - consumer goods in Kanpur, Uttar Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹27.86 Lakh
▼ 72% YoY
Net loss · FY 2025
₹1.02 Cr
Net margin -367.8%
EBITDA · FY 2025
-₹54.66 Lakh
EBITDA margin -196.2%
Authorised capital
₹7.5 Cr
Registered with MCA
Paid-up capital
₹5.65 Cr
Issued & subscribed
Open charges
₹3.39 Cr
Satisfied ₹2.62 Cr
Company age
36 yrs
Est. 1990
Employees · EPFO
55
Provident fund records
About Ace Exports Limited
Data last updated:
Ace Exports Limited is a public limited company based in Kanpur, Uttar Pradesh, India. It operates in the footwear manufacturing segment of the consumer goods sector. It was incorporated on 05 July 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN L19111UP1990PLC012053. Its GSTIN is 09AABCA6096J1ZC (Uttar Pradesh). It is a listed company.
The company has an authorised share capital of ₹7.5 Cr and a paid-up capital of ₹5.65 Cr. It was formerly known as Kanpur Saddles Private Limited. It is led by directors including Riaz Saeed Roofi Waki (Managing Director) and Shabana Roofi.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 20/157 Patkapur Kanpur, Uttar Pradesh, India – 208001.
As per the financials filed for FY 2025, the company reported a revenue of ₹27.86 Lakh, a decline of 72% compared to the previous year. For the same year it recorded a net loss of ₹1.02 Cr (net margin -367.8%) and EBITDA of -₹54.66 Lakh (EBITDA margin -196.2%). Revenue has declined at a compounded annual rate (CAGR) of 64% over three years and 51% over five years.
The company has about 55 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ace Exports Limited. As per MCA filings, the company has open charges of ₹3.39 Cr and satisfied charges of ₹2.62 Cr on record.
Ace Exports Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-74-0001761). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ace-shoes.com.
Company Details of Ace Exports Limited
CIN L19111UP1990PLC012053
Registration Number 012053
Incorporation Date 05 July 1990
ROC Uttar Pradesh
Listing Status Listed
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-UP-74-0001761
CIN History of Ace Exports Limited
Ace Exports has one previous CIN (Corporate Identification Number): U19111UP1990PLC012053. The current CIN is L19111UP1990PLC012053, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L19111UP1990PLC012053 | Current |
| U19111UP1990PLC012053 | Previous |
Recognitions & Rankings of Ace Exports
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address20/157 Patkapur Kanpur, Uttar Pradesh, India – 208001
- IndustryConsumer Goods, Footwear Manufacturing
Comprehensive company report
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Associated Brands with Ace Exports Limited
Ace Exports operates one associated brand: Ace Exports Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and exporting of leather footwear and goods in India. | ace-shoes.com |
Business Activity of Ace Exports Limited
The main business activity of Ace Exports is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Ace Exports Limited FY 2025 filings available
Ace Exports Limited reported revenue of ₹27.86 Lakh (down 72% YoY) for FY 2025.
Revenue · FY 2025
₹27.86 Lakh ▼ 72%
Net loss · FY 2025
₹1.02 Cr margin -367.8%
EBITDA · FY 2025
-₹54.66 Lakh margin -196.2%
Compounded Annual Growth Rate (CAGR) of Ace Exports Limited
Revenue CAGR growth
1 year
▼ 72%
3 years · compounded
▼ 64%
5 years · compounded
▼ 51%
EBITDA CAGR growth
1 year
▲ 33%
3 years · compounded
▼ 51%
5 years · compounded
▼ 26%
Revenue has declined at a compounded annual rate (CAGR) of 51% over five years, including a 72% fall in the latest year. EBITDA rose 33% 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 of Ace Exports Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹54.66 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.02 Cr | •••• | •••• | •••• | •••• |
| 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 of Ace Exports Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -196.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -367.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ace Exports are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Ace Exports Limited
Ace Exports has 6 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Riaz Saeed Roofi Waki | Managing Director | 12 Sep 2000 | 26 Years 1 Months | Current |
| Shabana Roofi | Director | 28 Sep 2001 | 25 Years 0 Months | Current |
| Ahsan Zaheer | Director | 30 Sep 2020 | 6 Years 0 Months | Current |
| Tabreek Ahsan | Director | 29 Sep 2025 | 1 Years 0 Months | Current |
| Ahmad Shahid Jamal | Director | 18 Jul 2025 | 1 Years 3 Months | Current |
| Anwar Ahmad Warsi | Director | 14 Aug 2024 | 2 Years 2 Months | Current |
Peer Comparison of Ace Exports Limited
Ace Exports Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Footwear Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Fatte A Mano Private Limited | ₹30.51 Lakh (FY 2023) | •••• | •••• | 42.0% | •••• | New Delhi, Delhi, India |
| Se Shoes Private Limited | ₹30.06 Lakh (FY 2025) | •••• | •••• | 4160.0% | •••• | Haryana, India |
| Premium Shoes India Private Limited | ₹29.47 Lakh (FY 2019) | •••• | •••• | 2.0% | •••• | Chennai, Tamil Nadu, India |
| SMS Footwears Private Limited | ₹28.99 Lakh (FY 2024) | •••• | •••• | 175.0% | •••• | New Delhi, Delhi, India |
| Tej Shoe Exporters Private Limited | ₹27.97 Lakh (FY 2017) | •••• | •••• | -6.0% | •••• | Uttar Pradesh, India |
| Ace Exports Limited this company | ₹27.86 Lakh (FY 2025) | •••• | •••• | -72.0% | •••• | Kanpur, Uttar Pradesh, India |
| Kettler Shoes (India) Private Limited | ₹27.54 Lakh (FY 2024) | •••• | •••• | -68.0% | •••• | New Delhi, Delhi, India |
| Agarwal Footwear Company Private Limited | ₹26.8 Lakh (FY 2025) | •••• | •••• | -68.0% | •••• | Agra, Uttar Pradesh, India |
| Avs International Private Limited | ₹26.45 Lakh (FY 2025) | •••• | •••• | -56.0% | •••• | Agra, Uttar Pradesh, India |
| Galvak International Private Limited | ₹26.08 Lakh (FY 2025) | •••• | •••• | 450.0% | •••• | Kanpur, Uttar Pradesh, India |
| DGS Footwear Private Limited | ₹25.13 Lakh (FY 2025) | •••• | •••• | -88.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Ace Exports by revenue in the Consumer Products industry (Footwear Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ace Exports Limited
Ace Exports Limited is audited by ANUPAM ASHISH & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ANUPAM ASHISH & ASSOCIATES | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Ace Exports Limited
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Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Ace Exports Limited
Open charges
₹3.39 Cr
Satisfied charges
₹2.62 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Dec 2021 | Others | ₹13.5 Lakh | Open |
| 29 Mar 2010 | Others | ₹3.25 Cr | Open |
| 13 Aug 2020 | Others | ₹27 Lakh | Satisfied |
| 23 Aug 2014 | Punjab National Bank | ₹9.5 Lakh | Satisfied |
| 27 Mar 2010 | Punjab National Bank | ₹1.25 Cr | Satisfied |
Total charge records: 6 View all charges
Employees and EPFO Compliance at Ace Exports Limited
Ace Exports Limited has a workforce of 55 employees as of Mar 23, 2024.
Employee count
55
Active EPFO establishments
1
Employee growth
-12.7%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Ace Exports Limited
Ace Exports Limited has 14 board changes on record since 2000: 10 appointments and 4 cessations. The latest: Nuzhat Ramzi ceased to be Director on 29 Sep 2025.
AGM
Ace Exports Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Ceased
Nuzhat Ramzi ceased to be Director.
Appointed
Tabreek Ahsan was appointed as Director.
Appointed
Ahmad Shahid Jamal was appointed as Director.
Ceased
Shariq Jamal ceased to be Director.
Filing
Ace Exports Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Uttar Pradesh I.
Charges
A charge registered on 13 Aug 2020 via Charge ID 100377687 with Others was fully satisfied on 25 Nov 2024.
Appointed
Anwar Ahmad Warsi was appointed as Director.
Ceased
Ashraf Wali Khurram ceased to be Director.
Charges
A charge with Others of Rs. 3.25 Cr registered on 29 Mar 2010 with Charge ID 10214123 was modified on 15 Apr 2023.
Charges
A charge with Others amounted to Rs. 0.14 Cr with Charge ID 100515825 was registered on 14 Dec 2021.
Appointed
Ahsan Zaheer was appointed as Director.
16 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ace Exports Limited
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MSME Payment Delays by Ace Exports Limited
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Subsidiaries & Group Companies of Ace Exports Limited
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GST Compliance of Ace Exports Limited
Ace Exports has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AABCA6096J1ZC | Uttar Pradesh | Active | 01 Jul 2017 |
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MCA Filings & Documents of Ace Exports Limited
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Frequently Asked Questions about Ace Exports Limited
Ace Exports is an active public limited company based in Kanpur, Uttar Pradesh, India. The company works in footwear manufacturing, within the consumer goods industry. It was incorporated on 05 July 1990 (36+ years old) and is registered under CIN L19111UP1990PLC012053.
Ace Exports reported revenue of ₹27.86 Lakh for FY 2025 (down 72% YoY).
Ace Exports has 6 current directors:
- Riaz Saeed Roofi Waki - Managing Director
- Shabana Roofi - Director
- Ahsan Zaheer - Director
- Tabreek Ahsan - Director
- Ahmad Shahid Jamal - Director
- Anwar Ahmad Warsi - Director
Ace Exports reported a net loss of ₹1.02 Cr (net margin -367.8%) and EBITDA of -₹54.66 Lakh (EBITDA margin -196.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ace Exports is -64% over three years and -51% over five years. In the latest year (FY 2025) revenue fell 72%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ace Exports is 09AABCA6096J1ZC, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Ace Exports is L19111UP1990PLC012053. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes, Ace Exports is a listed company.
Ace Exports was incorporated on 05 July 1990, making it 36+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
The peers of Ace Exports by revenue are Fatte A Mano Private Limited, Se Shoes Private Limited, Premium Shoes India Private Limited, SMS Footwears Private Limited, Tej Shoe Exporters Private Limited and 5 more, all in the Consumer Products industry (Footwear Manufacturers).
Nuzhat Ramzi ceased to be Director on 29 Sep 2025. Tabreek Ahsan was appointed as Director on 29 Sep 2025. Ahmad Shahid Jamal was appointed as Director on 18 Jul 2025. Ace Exports has 14 board changes on record in total.