About Condor Footwear India
Condor Footwear India is a Consumer company based in Surat (India) founded in 1995 by Dipak Adnani and Jaikishan Adnani. It manufactures PU footwear in India and exports to over 45 countries through wholesale and online channels. It operates on a B2B and D2C model. The company has 277 employees. Its Indian entity Condor Footwear (India ) Limited reported revenue of ₹168 Cr. Condor Footwear India offers products and services including PU Footwear, Inblu Brand Footwear, and Aerowalk Footwear. Its focus areas include Apparel, Footwear, PU Footwear and Online Sales. Its competitors include Mochiko Group and S R Industries.
Company details
Condor Footwear Group, established in 1995, pioneers PU footwear technology with manufacturing facilities in Surat, Gujarat, India. The company produces a wide range of footwear for men and women, selling through wholesale channels, private labels, large format stores, and online platforms. It exports to more than 45 countries in the Middle East, Africa, and Asia, maintaining a joint venture with an Italian brand. The business focuses on quality, comfort, and durability to serve both domestic and international markets.
- Headquarters Surat, India
- Employees 277
- Founders Dipak Adnani, Jaikishan Adnani
- SectorsConsumer
- Email••••••••
- Website condorgroup.in
- Social LinkedIn X Facebook
- Legal Name Condor Footwear (India ) Limited
- Date of Incorporation 24 Nov, 1995
- Jurisdiction Surat, Gujarat, India
- Annual Revenue₹168 Cr
FY 2023 · +18% YoY
- Net Profit₹4.07 Cr
FY 2023 · 2% margin
- EBITDA-₹31.16 Cr
FY 2023 · -19% margin
- Employee Count277
Associated legal entities of Condor Footwear India
Condor Footwear India operates through Condor Footwear (India ) Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Condor Footwear (India ) Limited CIN U19129GJ1995PLC028221 | Active | 24 Nov 1995 | Surat, Gujarat | ₹168 Cr | 277 | 7 | View details |
Products & Services of Condor Footwear India
Condor Footwear India offers a comprehensive portfolio of products and services, including PU Footwear, Inblu Brand Footwear, and Aerowalk Footwear.
Durable and comfortable footwear made with PU technology for everyday use
Stylish PU shoes designed for men and women with orthopedic comfort features
Lightweight PU shoes focused on trendy designs and daily wear
Board of directors of Condor Footwear (India ) Limited (Condor Footwear India)
Condor Footwear (India ) Limited is the primary company behind Condor Footwear India. The board of Condor Footwear (India ) Limited currently have 7 directors; the longest-serving is Virginio Abbondio Fidanza, appointed in 1997. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Virginio Abbondio Fidanza DIN 02544737 | Director | 17 Apr 1997 | 29 yrs 6 mo | Condor Footwear (India ) Limited |
| Ruggero Abbiati DIN 06488056 | Whole-time director | 21 Jan 2013 | 13 yrs 9 mo | Condor Footwear (India ) Limited |
| Rakesh Bhagwandas Adnani DIN 00164785 | Whole-time director | 01 Apr 2014 | 12 yrs 7 mo | Condor Footwear (India ) Limited |
| Jaikishan Sugnomal Adnani DIN 00164890 | Whole-time director | 01 Apr 2014 | 12 yrs 7 mo | Condor Footwear (India ) Limited |
| Dipak Jaikishan Adnani DIN 02498627 | Whole-time director | 01 Oct 2015 | 11 yrs 1 mo | Condor Footwear (India ) Limited |
| Deepali Darshak Lakdawala DIN 10888500 | Director | 28 Dec 2024 | 1 yr 10 mo | Condor Footwear (India ) Limited |
| Harvi Gaurav Mohta DIN 10888830 | Director | 28 Dec 2024 | 1 yr 10 mo | Condor Footwear (India ) Limited |
People of Condor Footwear India
24 people are tracked at Condor Footwear India (5 in leadership, 3 in board & advisors, 16 in team); the tracked headcount is 277.
| Name | Role | Group |
|---|---|---|
| Co-Founder, Managing Director | Leadership | |
| Co-Founder | Leadership | |
| Managing Director | Leadership | |
Mahesh Gadgil | Head Designer | Leadership |
Paras Vora | Head Of Finance Department | Leadership |
| Director | Board & advisors | |
| Director | Board & advisors | |
| Director | Board & advisors | |
Nikhil Ramchandani | Export Marketing Manager | Team |
Pintu Patel | Purchase Executive | Team |
Majid Mulla | Assistant Sales Executive | Team |
Nidhi Patel | Designer | Team |
Bhavesh Patil | Senior Executive Warehouse | Team |
Sunil Masand | Regional Sales Manager | Team |
Pankaj Kumar | Designer | Team |
Khem Karan | Sample Coordinator | Team |
Darshan Makhecha | Purchase Officer And Raw Material Warehouse Incharge | Team |
Sujal Jasoliya | Graphic Designer | Team |
Tanumay Bag | Footwear Designer | Team |
Girish Kumar Singh | Plant Manager | Team |
4 more people are available in the full profile.
Complete people profiles for Condor Footwear India
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Financials of Condor Footwear India
Figures of Condor Footwear (India ) Limited, the primary company behind Condor Footwear India, for FY 2023. Revenue was ₹168 Cr (+18% year on year). Net profit was ₹4.07 Cr (2% margin). EBITDA was -₹31.16 Cr (-19% margin). Revenue has grown at a compounded annual rate of +12% over three years and +5% over five years.
- ₹168 CrRevenue · FY 2023 · +18% YoY
- ₹4.07 CrNet profit · 2% margin
- -₹31.16 CrEBITDA · -19% margin
- ₹2.50 CrPaid-up capital
- 277Employees (provident fund records)
- +12%Revenue CAGR, 3 years
- +5%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Condor Footwear (India ) Limited are on its company page.
Detailed financial statements for Condor Footwear India
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Five-year trends
- Downloads
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Competitors of Condor Footwear India
Condor Footwear India has 2 listed competitors in our database. They include Mochiko Group and S R Industries.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| mochiko.in | 2007 | Dehradun, India | 11,287 | Brand of men & women footwear | ||
| srfootwears.com | 1989 | Sahibzada Ajit Singh Nagar, India | 20 | Footwear is manufactured on a contract basis in India. |
Detailed competitors of Condor Footwear India
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Web traffic of Condor Footwear India
The website of Condor Footwear India (condorgroup.in) receives about 2.3K visits a month.
- Monthly visits2.3K
▲ 29.9% vs previous month
Top companies in Footwear Brands
3 companies that operate in the same segment as Condor Footwear India (Footwear Brands) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Multi-category footwear for men, women, and kids is sold online. | 2005 | Delhi, Delhi, India | USD 48.76 M | USD 191.52 M | 967 | |
Manufacturer of slippers, sandals, and sports & casual shoes | 1976 | Rohtak, Haryana, India | USD 287.67 M | 3,823 | ||
Online platform for purchasing top international fashion and footwear brands. | 2016 | Bengaluru, Karnataka, India |
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Frequently Asked Questions about Condor Footwear India
Condor Footwear India was founded in 1995.
Condor Footwear India is headquartered in Surat, India. It is registered at Surat, Gujarat, India.
Condor Footwear India has 277 employees.
The primary company behind Condor Footwear India, Condor Footwear (India ) Limited, reported revenue of ₹168 Cr for FY 2023, up 18% year on year.
Condor Footwear Group, established in 1995, pioneers PU footwear technology with manufacturing facilities in Surat, Gujarat, India. The company produces a wide range of footwear for men and women, selling through wholesale channels, private labels, large format stores, and online platforms. It exports to more than 45 countries in the Middle East, Africa, and Asia, maintaining a joint venture with an Italian brand. The business focuses on quality, comfort, and durability to serve both domestic and international markets.
Condor Footwear India's top competitors include Mochiko Group and S R Industries.
Condor Footwear India offers PU Footwear, Inblu Brand Footwear, and Aerowalk Footwear.
Condor Footwear India operates through Condor Footwear (India ) Limited.
The legal entities of Condor Footwear India currently have 7 directors, including Virginio Abbondio Fidanza, Rakesh Bhagwandas Adnani, Jaikishan Sugnomal Adnani and others.