About Locksmiths Industries
Locksmiths Industries is a Consumer company based in Mumbai (India). Manufacturing of locks, wheels, trolleys, and furniture fittings for the luggage and home goods sectors in India. It operates in the Consumer and Technology sectors. The company has 43 employees. Its Indian entity Locksmiths Industries Private Limited reported revenue of ₹62.34 Cr. Locksmiths Industries offers products and services including Luggage Locks and Luggage Wheels. Its focus areas include Manufacturing, Furniture Fittings, Modular Components and Home Goods.
Company details
Locksmiths Industries Private Limited was established in 1992 and is recognized as one of the top manufacturers of Travel Sentry Approved locks, alongside components for hard and soft luggage. Products such as combination locks, noiseless wheels, and trolleys are produced for the luggage industry, while modular furniture fittings are offered under the KOMBO brand. The company holds a license to manufacture TSA locks accepted in over 75 countries, with operations based in Mumbai and Nashik, India. Innovation in designs for convenience and security is emphasized through ongoing RD efforts, aiming to meet global standards in the travel and home goods sectors.
- Headquarters Mumbai, India
- Employees 43
- SectorsConsumerTechnology
- Email••••••••
- Phone•••• ••••
- Legal Name Locksmiths Industries Private Limited
- Date of Incorporation 03 Oct, 1997
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹62.34 Cr
FY 2024 · -17% YoY
- Net Profit₹37.6 Lakh
FY 2024 · 1% margin
- EBITDA₹5.27 Cr
FY 2024 · 8% margin
- Employee Count43
Associated legal entities of Locksmiths Industries
Locksmiths Industries operates through Locksmiths Industries Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Locksmiths Industries Private Limited CIN U27200MH1997PTC111034 | Active | 03 Oct 1997 | Mumbai, Maharashtra | ₹62.3 Cr | 43 | 2 | View details |
Products & Services of Locksmiths Industries
Locksmiths Industries offers a comprehensive portfolio of products and services, including Luggage Locks and Luggage Wheels.
Combination locks and TSA approved locks are produced for the luggage industry, ensuring compliance with global security standards.
Noiseless wheels and trolleys are manufactured for soft and hard luggage, available in various materials like iron and aluminium.
Board of directors of Locksmiths Industries Private Limited (Locksmiths Industries)
Locksmiths Industries Private Limited is the primary company behind Locksmiths Industries. The board of Locksmiths Industries Private Limited currently have 2 directors; the longest-serving is Nimesh Kishore Sheth, appointed in 1997. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nimesh Kishore Sheth DIN 00772973 | Director | 03 Oct 1997 | 29 yrs | Locksmiths Industries Private Limited |
| Dipa Nimesh Sheth DIN 07835311 | Director | 29 May 2017 | 9 yrs 4 mo | Locksmiths Industries Private Limited |
Financials of Locksmiths Industries
Figures of Locksmiths Industries Private Limited, the primary company behind Locksmiths Industries, for FY 2024. Revenue was ₹62.34 Cr (-17% year on year). Net profit was ₹37.6 Lakh (1% margin). EBITDA was ₹5.27 Cr (8% margin). Revenue has grown at a compounded annual rate of +50% over three years and +22% over five years.
- ₹62.34 CrRevenue · FY 2024 · -17% YoY
- ₹37.6 LakhNet profit · 1% margin
- ₹5.27 CrEBITDA · 8% margin
- ₹1.96 CrPaid-up capital
- 43Employees (provident fund records)
- +50%Revenue CAGR, 3 years
- +22%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Locksmiths Industries Private Limited are on its company page.
Detailed financial statements for Locksmiths Industries
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Top companies in Home & Living Products
3 companies that operate in the same segment as Locksmiths Industries (Home & Living Products) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of interior design and renovation services for homes and offices | 2014 | Bengaluru, Karnataka, India | USD 511.55 M | USD 172.66 M | 4,353 | |
Multi-category products are rented via subscription model. | 2014 | Bengaluru, Karnataka, India | USD 58.71 M | USD 14.82 M | 422 | |
Internet-first brand offering multi-category home furniture | 2012 | Bengaluru, Karnataka, India | USD 108.06 M | USD 26.92 B | 43,024 |
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Frequently Asked Questions about Locksmiths Industries
Locksmiths Industries is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Locksmiths Industries has 43 employees.
The primary company behind Locksmiths Industries, Locksmiths Industries Private Limited, reported revenue of ₹62.34 Cr for FY 2024, down 17% year on year.
Locksmiths Industries Private Limited was established in 1992 and is recognized as one of the top manufacturers of Travel Sentry Approved locks, alongside components for hard and soft luggage. Products such as combination locks, noiseless wheels, and trolleys are produced for the luggage industry, while modular furniture fittings are offered under the KOMBO brand. The company holds a license to manufacture TSA locks accepted in over 75 countries, with operations based in Mumbai and Nashik, India. Innovation in designs for convenience and security is emphasized through ongoing RD efforts, aiming to meet global standards in the travel and home goods sectors.
Locksmiths Industries offers Luggage Locks and Luggage Wheels.
Locksmiths Industries operates through Locksmiths Industries Private Limited.
The legal entities of Locksmiths Industries currently have 2 directors, including Dipa Nimesh Sheth, Nimesh Kishore Sheth.