MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-TN-36-0004656
Arcot Soles Private Limited - consumer goods in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹55.9 Cr
▼ 31% YoY
Net loss · FY 2024
₹7.05 Cr
Net margin -12.6%
EBITDA · FY 2024
-₹3.85 Cr
EBITDA margin -6.9%
Authorised capital
₹2.1 Cr
Registered with MCA
Paid-up capital
₹3.79 Lakh
Issued & subscribed
Open charges
₹21 Cr
Satisfied ₹4.6 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
589
Provident fund records
About Arcot Soles Private Limited
Data last updated:
Arcot Soles 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 13 January 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U19112TN2005PTC055152. Its GSTIN is 33AAFCA0207R1ZS (Tamil Nadu).
The company has an authorised share capital of ₹2.1 Cr and a paid-up capital of ₹3.79 Lakh. It is led by directors Mecca Ahmed Iqbal and Mecca Irshad Ahmed.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 151/4 Mount Poonamallee Roadramapuram Chennai 600089, Tamil Nadu, India – 600089.
As per the financials filed for FY 2024, the company reported a revenue of ₹55.9 Cr, a decline of 31% compared to the previous year. For the same year it recorded a net loss of ₹7.05 Cr (net margin -12.6%) and EBITDA of -₹3.85 Cr (EBITDA margin -6.9%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 3% over five years.
The company has about 589 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Farida. As per MCA filings, the company has open charges of ₹21 Cr and satisfied charges of ₹4.6 Cr on record. Court records list 14 cases involving the company, including 14 filed by the company; 6 cases are pending. The company has 1 deal on record (1 secondary share transfer); the latest was in March 2013. Its 5 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, 2 larger and 3 smaller; the largest is SKG Plastics Private Limited with revenue of ₹59.24 Cr.
Arcot Soles Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-36-0004656). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website farida.co.in.
Company details
CIN U19112TN2005PTC055152
Registration Number 055152
Incorporation Date 13 January 2005
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TN-36-0004656
Recognitions & Rankings of Arcot Soles
Contact details
Arcot Soles Private Limited's registered office is in Chennai, Tamil Nadu. Its website is farida.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address151/4 Mount Poonamallee Roadramapuram Chennai 600089, Tamil Nadu, India – 600089
- IndustryConsumer Goods, Footwear Manufacturing
To see the full contact details of Arcot Soles Private Limited, buy the company report.
Comprehensive company report
Arcot Soles 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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Brands
Arcot Soles operates one associated brand: Farida. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Serves as a contract manufacturer specializing in high-quality clothing production. | farida.co.in |
Business activity
The main business activity of Arcot Soles is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Arcot Soles Private Limited, buy the company report.
Financials of Arcot Soles Private Limited
FY 2024 filings availableArcot Soles Private Limited reported revenue of ₹55.9 Cr (down 31% YoY) for FY 2024.
Revenue · FY 2024
₹55.9 Cr ▼ 31%
Net loss · FY 2024
₹7.05 Cr margin -12.6%
EBITDA · FY 2024
-₹3.85 Cr margin -6.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 31%
3 years · compounded
▲ 4%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▼ 178%
3 years · compounded
▼ 48%
5 years · compounded
▼ 23%
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 31% fall in the latest year. EBITDA fell 178% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Revenue from Operations | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹3.85 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7.05 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -6.9% | ||||
| Net Profit Margin | -12.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Arcot Soles Private Limited, buy the company report.
Board of directors of Arcot Soles Private Limited
Arcot Soles has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mecca Ahmed Iqbal Also directs: Farida Classic Shoes Exports LLP, Farida Classic Shoes Private Limited, Zyf Tex Private Limited and 5 more | Director | 13 Sep 2021 | 5 Years 1 Months | Current |
| Mecca Irshad Ahmed Also directs: Astara Consultants LLP, Farida Classic Shoes Exports LLP, Farida Classic Shoes Private Limited and 5 more | Director | 13 Jan 2005 | 21 Years 9 Months | Current |
Peer comparison
Arcot Soles Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| SKG Plastics Private Limited | ₹59.24 Cr (FY 2025) | 31.0% | New Delhi, Delhi, India | |||
| Trela Footwear Exports Private Limited | ₹55.92 Cr (FY 2025) | 3.0% | Delhi, India | |||
| Arcot Soles Private Limitedthis company | ₹55.9 Cr (FY 2024) | -₹7.05 Cr | -12.6% | -31.0% | 589 | Chennai, Tamil Nadu, India |
| Hitcolus Footwear Private Limited | ₹54.94 Cr (FY 2025) | 19.0% | New Delhi, Delhi, India | |||
| Ankit Shoes Limited | ₹52.72 Cr (FY 2025) | 5.0% | New Delhi, Delhi, India | |||
| Grandmaa International Limited | ₹52.57 Cr (FY 2025) | 35.0% | Ludhiana, Punjab, India |
To see the full peer comparison of Arcot Soles Private Limited, buy the company report.
Auditor
Arcot Soles Private Limited is audited by C V RAMASWAMY & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C V RAMASWAMY & CO | FY 2023 | 002970S |
Shareholding
The shareholding of Arcot Soles 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 Arcot Soles Private Limited, buy the company report.
Charges & borrowings
Open charges
₹21 Cr
Satisfied charges
₹4.6 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jun 2025 | 101118506 | Others | ₹15 Cr | Open | |
| 10 Nov 2021 | 100506176 | Hdfc Bank Limited | ₹5 Cr | Open | |
| 04 Oct 2006 | 10205575 | State Bank of India | ₹1 Cr | Open | |
| 07 May 2009 | 10157566 | State Bank of India | ₹2.6 Cr | Satisfied | |
| 10 Apr 2006 | 80056599 | State Bank of India | ₹2 Cr | Satisfied |
To see the full charge records of Arcot Soles Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Arcot Soles Private Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2013.
Total deals
1
Secondary share transfer
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Farida Holdings Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Arcot Soles Private Limited has 14 court cases on record: 14 filed by Arcot Soles. 6 cases are pending and 8 are disposed.
Total cases
14
Filed by the company
14
Pending
6
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 13 | 0 | 6 |
| District courts | 1 | 0 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Writ petition | Filed by the company against Assistant Commissioner of Income Tax | Pending |
| Madras High Court | Interim or miscellaneous application | Filed by the company against Assistant Commissioner of Income Tax | Pending |
| District court, Vellore, Tamil Nadu | Civil suit | Filed by the company against an individual | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against individuals | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against individuals | Disposed |
To see the full case history of Arcot Soles 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 Arcot Soles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Arcot Soles Private Limited has a workforce of 589 employees on its EPFO records as of Apr 06, 2024, across 2 active EPFO establishments.
Employee count
589
Active EPFO establishments
2
Employee growth
-34.99%
GST
Arcot Soles has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCA0207R1ZS | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Arcot Soles Private Limited, buy the company report.
Recent activity
Arcot Soles Private Limited has 4 board changes on record since 2005: 2 appointments and 2 cessations. The latest: Mecca Rafeeque Ahmed ceased to be Director on 01 Apr 2024.
Charges
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 101118506 was registered on 04 Jun 2025.
AGM
Arcot Soles Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Mecca Rafeeque Ahmed ceased to be Director.
Filing
Arcot Soles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Ceased
Mecca Ahmed Iqbal ceased to be Additional Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100506176 was registered on 10 Nov 2021.
Appointed
Mecca Ahmed Iqbal was appointed as Director.
Charges
A charge registered on 07 May 2009 via Charge ID 10157566 with State Bank Of India was fully satisfied on 25 Feb 2010.
Charges
A charge registered on 10 Apr 2006 via Charge ID 80056599 with State Bank Of India was fully satisfied on 07 Nov 2009.
Charges
A charge with State Bank Of India amounted to Rs. 2.60 Cr with Charge ID 10157566 was registered on 07 May 2009.
Charges
A charge with State Bank Of India amounted to Rs. 1.00 Cr with Charge ID 10205575 was registered on 04 Oct 2006.
Charges
A charge with State Bank Of India amounted to Rs. 2.00 Cr with Charge ID 80056599 was registered on 10 Apr 2006.
2 earlier events are in the company report.
Frequently asked questions
Arcot Soles 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 13 January 2005 (21+ years old) and is registered under CIN U19112TN2005PTC055152.
Arcot Soles has 2 current directors:
- Mecca Ahmed Iqbal - Director
- Mecca Irshad Ahmed - Director
The latest financial statements of Arcot Soles on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Arcot Soles is 33AAFCA0207R1ZS, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Arcot Soles is U19112TN2005PTC055152. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Arcot Soles has 14 court cases on record: 14 filed by the company. 6 are pending. Most are in the high courts.
Arcot Soles was incorporated on 13 January 2005, making it 21+ years old. It is registered with the Registrar of Companies, Chennai.
Arcot Soles has 1 deal on record (1 secondary share transfer); the latest was in March 2013.
The peers of Arcot Soles by revenue are SKG Plastics Private Limited, Trela Footwear Exports Private Limited, Hitcolus Footwear Private Limited, Ankit Shoes Limited, Grandmaa International Limited, all in the Consumer Products industry (Footwear Manufacturers), with the same principal business activity (textile, leather and other apparel products).
Mecca Rafeeque Ahmed ceased to be Director on 01 Apr 2024. Mecca Ahmed Iqbal ceased to be Additional Director on 30 Nov 2021. Mecca Ahmed Iqbal was appointed as Director on 13 Sep 2021. Arcot Soles has 4 board changes on record in total.
Yes, Arcot Soles is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-36-0004656).
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