MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-TN-02-0007096
Althaf Shoes Private Limited - consumer goods in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹177.95 Cr
▼ 8% YoY
Net profit · FY 2025
₹4.75 Cr
Net margin 2.7%
EBITDA · FY 2025
₹10 Cr
EBITDA margin 5.6%
Authorised capital
₹70 Lakh
Registered with MCA
Paid-up capital
₹42.84 Lakh
Issued & subscribed
Satisfied charges
₹15.85 Cr
No open charges
Company age
34 yrs
Est. 1992
Employees · EPFO
1,146
Provident fund records
About Althaf Shoes Private Limited
Data last updated:
Althaf Shoes Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the footwear manufacturing segment of the consumer goods sector. It was incorporated on 07 December 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U18209TN1992PTC023973. Its GSTIN is 33AAACA3146L1ZX (Tamil Nadu).
The company has an authorised share capital of ₹70 Lakh and a paid-up capital of ₹42.84 Lakh. It was formerly known as Althaf Shoes Limited. It is led by directors Ayyapillai Althaf Ahmed (Managing Director) and Natamkar Nishath Mahal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Anugraha Apartments C – Block 1A Ist Floor No.19 Nungambakkam High Road, Chennai, Tamil Nadu, India – 600034.
As per the financials filed for FY 2025, the company reported a revenue of ₹177.95 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹4.75 Cr (net margin 2.7%) and EBITDA of ₹10 Cr (EBITDA margin 5.6%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 1% over five years.
The company has about 1,146 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹15.85 Cr on record. Court records list 12 cases involving the company, including 7 filed by the company and 5 filed against it; 3 cases are pending. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹11.8 Lakh; the latest was in March 2023. Its 6 peer companies in the Consumer Products industry (Footwear Manufacturers), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 3 larger and 3 smaller; the largest is Itares Shoes Private Limited with revenue of ₹198.28 Cr.
Althaf Shoes Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0007096). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website althafshoes.com.
Company details
CIN U18209TN1992PTC023973
Registration Number 023973
Incorporation Date 07 December 1992
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TN-02-0007096
Recognitions & Rankings of Althaf Shoes
Contact details
Althaf Shoes Private Limited's registered office is in Chennai, Tamil Nadu. Its website is althafshoes.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressAnugraha Apartments C – Block 1A Ist Floor No.19 Nungambakkam High Road, Chennai, Tamil Nadu, India – 600034
- IndustryConsumer Goods, Footwear Manufacturing
To see the full contact details of Althaf Shoes Private Limited, buy the company report.
Comprehensive company report
Althaf Shoes 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 activities of Althaf Shoes are manufacturing and support service to organizations. In detail, this covers textile, leather and other apparel products and other support services to organizations. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Althaf Shoes Private Limited, buy the company report.
Financials of Althaf Shoes Private Limited
FY 2025 filings availableAlthaf Shoes Private Limited reported revenue of ₹177.95 Cr (down 8% YoY) for FY 2025.
Revenue · FY 2025
₹177.95 Cr ▼ 8%
Net profit · FY 2025
₹4.75 Cr margin 2.7%
EBITDA · FY 2025
₹10 Cr margin 5.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 8%
3 years · compounded
▼ 2%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▼ 34%
3 years · compounded
▼ 1%
5 years · compounded
▲ 3%
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 34% 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 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 | ₹10 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.75 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.6% | ||||
| Net Profit Margin | 2.7% | ||||
| 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 Althaf Shoes Private Limited, buy the company report.
Board of directors of Althaf Shoes Private Limited
Althaf Shoes has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ayyapillai Althaf Ahmed | Managing Director | 07 Dec 1992 | 33 Years 11 Months | Current |
| Natamkar Nishath Mahal | Whole-Time Director | 07 Dec 1992 | 33 Years 11 Months | Current |
Peer comparison
Althaf Shoes Private Limited is compared with the 6 companies closest to it by revenue in the Consumer Products industry (Footwear Manufacturers), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Itares Shoes Private Limited | ₹198.28 Cr (FY 2024) | 14.0% | Chennai, Tamil Nadu, India | |||
| Acme Universal Safezone 9 Limited | ₹195.33 Cr (FY 2025) | 8.0% | Gwalior, Madhya Pradesh, India | |||
| Euro Safety Footwear (India) Limited | ₹186.84 Cr (FY 2025) | 32.0% | Agra, Uttar Pradesh, India | |||
| Althaf Shoes Private Limitedthis company | ₹177.95 Cr (FY 2025) | ₹4.75 Cr | 2.7% | -8.0% | 1,146 | Chennai, Tamil Nadu, India |
| A.R.V. Footwear Private Limited | ₹175.52 Cr (FY 2025) | 19.0% | Delhi, India | |||
| Oofoam Footwears Private Limited | ₹175.35 Cr (FY 2025) | 37.0% | New Delhi, Delhi, India | |||
| Tirubala International Private Limited | ₹170.95 Cr (FY 2025) | -3.0% | Kanpur, Uttar Pradesh, India |
To see the full peer comparison of Althaf Shoes Private Limited, buy the company report.
Auditor
Althaf Shoes Private Limited is audited by D SAMPATHKUMAR & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D SAMPATHKUMAR & CO | FY 2023 | 003556S |
Shareholding
The shareholding of Althaf Shoes Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Althaf Shoes Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹15.85 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Mar 2004 | 90283261 | Sundaram Finance Ltd. | ₹5.19 Lakh | Satisfied | |
| 27 Dec 1993 | 90282683 | State Bank of India | ₹14.35 Cr | Satisfied | |
| 27 Dec 1993 | 90283531 | State Bank of India | ₹1.45 Cr | Satisfied |
To see the full charge records of Althaf Shoes Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Althaf Shoes Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹11.8 Lakh; the latest was in March 2023.
Total deals
3
Secondary share transfers
2
Funding round
1
Disclosed funding
₹11.8 Lakh
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Seller: 4 individuals |
| Jan 2008 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jan 2007 | Funding round | ₹11.8 Lakh | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Althaf Shoes Private Limited has 12 court cases on record: 7 filed by Althaf Shoes, 5 filed against it. 3 cases are pending and 9 are disposed.
Total cases
12
Filed by the company
7
Filed against the company
5
Pending
3
Disposed
9
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 5 | 3 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by The Assistant Commissioner | Pending |
| High Court, TAMIL NADU | Court case (WPMP) | Filed by the company against The Registering Authority and 2 others | Pending |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against The Additional Commissioner of and 2 others | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against The Additional Commissioner of and 2 others | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by The Assistant Commissioner | Disposed |
To see the full case history of Althaf Shoes 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 Althaf Shoes Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Althaf Shoes Private Limited has a workforce of 1,146 employees on its EPFO records as of Mar 23, 2024, across 3 active EPFO establishments.
Employee count
1,146
Active EPFO establishments
3
Employee growth
-9.41%
GST
Althaf Shoes has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACA3146L1ZX | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Althaf Shoes Private Limited, buy the company report.
Recent activity
Althaf Shoes Private Limited has 14 board changes on record since 1992: 8 appointments and 6 cessations. The latest: Ayyapillai Sabah Fathima ceased to be Whole-Time Director on 02 May 2023.
AGM
Althaf Shoes Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Althaf Shoes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Ceased
Ayyapillai Sabah Fathima ceased to be Whole-Time Director.
Ceased
Ayyapillai Sameera Fathima ceased to be Whole-Time Director.
Ceased
Ayyapillai Sidhra Fathima ceased to be Whole-Time Director.
Charges
A charge registered on 04 Mar 2004 via Charge ID 90283261 with Sundaram Finance Ltd. was fully satisfied on 28 May 2014.
Charges
A charge registered on 27 Dec 1993 via Charge ID 90283531 with State Bank Of India was fully satisfied on 21 Jan 2012.
Charges
A charge registered on 27 Dec 1993 via Charge ID 90282683 with State Bank Of India was fully satisfied on 21 Jan 2012.
Charges
A charge with State Bank Of India of Rs. 1,435.00 Lakh registered on 27 Dec 1993 with Charge ID 90282683 was modified on 29 Mar 2010.
Ceased
Neikar Mohammed Ebrahim ceased to be Whole-Time Director.
Ceased
Cholavaram Rafeeque Ahmed ceased to be Whole-Time Director.
Ceased
Thadey Shafeeq Ahmed ceased to be Whole-Time Director.
13 earlier events are in the company report.
Frequently asked questions
Althaf Shoes is an active private limited company based in Chennai, Tamil Nadu, India. The company works in footwear manufacturing, within the consumer goods industry. It was incorporated on 07 December 1992 (34+ years old) and is registered under CIN U18209TN1992PTC023973.
Althaf Shoes has 2 current directors:
- Ayyapillai Althaf Ahmed - Managing Director
- Natamkar Nishath Mahal - Whole-Time Director
The latest financial statements of Althaf Shoes on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Althaf Shoes is 33AAACA3146L1ZX, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Althaf Shoes is U18209TN1992PTC023973. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Althaf Shoes has 12 court cases on record: 7 filed by the company and 5 filed against it. 3 are pending.
Althaf Shoes was incorporated on 07 December 1992, making it 34+ years old. It is registered with the Registrar of Companies, Chennai.
Althaf Shoes has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹11.8 Lakh; the latest was in March 2023.
The peers of Althaf Shoes by revenue are Itares Shoes Private Limited, Acme Universal Safezone 9 Limited, Euro Safety Footwear (India) Limited, A.R.V. Footwear Private Limited, Oofoam Footwears Private Limited and 1 more, all in the Consumer Products industry (Footwear Manufacturers), with the same principal business activity (textile, leather and other apparel products).
Ayyapillai Sabah Fathima ceased to be Whole-Time Director on 02 May 2023. Ayyapillai Sameera Fathima ceased to be Whole-Time Director on 02 May 2023. Ayyapillai Sidhra Fathima ceased to be Whole-Time Director on 02 May 2023. Althaf Shoes has 14 board changes on record in total.
Yes, Althaf Shoes is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-02-0007096).
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