MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-07-0023514
Bharath Best Leathers Private Limited
Bharath Best Leathers Private Limited - manufacturing in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.06 Cr
▼ 37% YoY
Net profit · FY 2024
₹1.82 Lakh
Net margin 0.9%
EBITDA · FY 2024
₹13.79 Lakh
EBITDA margin 6.7%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹56.45 Lakh
Issued & subscribed
Open charges
₹1 Cr
Satisfied ₹1 Cr
Company age
14 yrs
Est. 2012
Directors on board
2
As per MCA filings
About Bharath Best Leathers Private Limited
Data last updated:
Bharath Best Leathers Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the leather goods segment of the manufacturing sector. It was incorporated on 21 June 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U19115TN2012PTC086438. Its GSTIN is 33AAFCB0748N1ZL (Tamil Nadu).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹56.45 Lakh. It is led by directors Boopathi Shanmugam and Shanmugam Hemalatha.
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 New No.14 Old No.16 M V Badran Street Periamet Chennai, Tamil Nadu, India – 600007.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.06 Cr, a decline of 37% compared to the previous year. For the same year it recorded a net profit of ₹1.82 Lakh (net margin 0.9%) and EBITDA of ₹13.79 Lakh (EBITDA margin 6.7%). Revenue has declined at a compounded annual rate (CAGR) of 42% over three years and 12% over five years.
As per MCA filings, the company has open charges of ₹1 Cr and satisfied charges of ₹1 Cr on record. Court records list 16 cases involving the company, including 14 filed by the company and 2 filed against it.
Bharath Best Leathers Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-07-0023514). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U19115TN2012PTC086438
Registration Number 086438
Incorporation Date 21 June 2012
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 Micro
Udyam Registration UDYAM-TN-07-0023514
Recognitions & Rankings of Bharath Best Leathers
Contact details
Bharath Best Leathers Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressNew No.14 Old No.16 M V Badran Street Periamet Chennai, Tamil Nadu, India – 600007
- IndustryManufacturing, Leather Goods
To see the full contact details of Bharath Best Leathers Private Limited, buy the company report.
Comprehensive company report
Bharath Best Leathers 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Bharath Best Leathers 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 Bharath Best Leathers Private Limited, buy the company report.
Financials of Bharath Best Leathers Private Limited
FY 2024 filings availableBharath Best Leathers Private Limited reported revenue of ₹2.06 Cr (down 37% YoY) for FY 2024.
Revenue · FY 2024
₹2.06 Cr ▼ 37%
Net profit · FY 2024
₹1.82 Lakh margin 0.9%
EBITDA · FY 2024
₹13.79 Lakh margin 6.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 37%
3 years · compounded
▲ 42%
5 years · compounded
▼ 12%
EBITDA CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 115%
5 years · compounded
▼ 6%
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 37% fall in the latest year. EBITDA rose 5% 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 |
|---|---|---|---|---|---|
| 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 | ₹13.79 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.82 Lakh | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.7% | ||||
| Net Profit Margin | 0.9% | ||||
| 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 Bharath Best Leathers Private Limited, buy the company report.
Board of directors of Bharath Best Leathers Private Limited
Bharath Best Leathers has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Boopathi Shanmugam | Director | 21 Jun 2012 | 14 Years 4 Months | Current |
| Shanmugam Hemalatha | Director | 21 Jun 2012 | 14 Years 4 Months | Current |
Peer comparison
Bharath Best Leathers Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Leather), 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 |
|---|---|---|---|---|---|---|
| Das Leather Kollektion Private Limited | ₹2.15 Cr (FY 2024) | 763.0% | Kolkata, West Bengal, India | |||
| Premier Leather Products Private Limited | ₹2.08 Cr (FY 2024) | -8.0% | Chennai, Tamil Nadu, India | |||
| Legge Footwear Private Limited | ₹2.06 Cr (FY 2017) | 162.0% | Erode, Tamil Nadu, India | |||
| Bharath Best Leathers Private Limitedthis company | ₹2.06 Cr (FY 2024) | ₹1.82 Lakh | 0.9% | -37.0% | Chennai, Tamil Nadu, India | |
| The Bombay Leather Cloth Manufacturing Compamy Private Ltd | ₹2.03 Cr (FY 2025) | -10.0% | Ahmednagar, Maharashtra, India | |||
| Roger Exports Private Limited | ₹1.98 Cr (FY 2025) | 21686.0% | Agra, Uttar Pradesh, India | |||
| Leder Creations Private Limited | ₹1.96 Cr (FY 2022) | 158.0% | Chennai, Tamil Nadu, India | |||
| Sagun Leather and Products Private Limited | ₹1.92 Cr (FY 2025) | 9.0% | Kanpur, Uttar Pradesh, India |
To see the full peer comparison of Bharath Best Leathers Private Limited, buy the company report.
Shareholding
The shareholding of Bharath Best Leathers Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Bharath Best Leathers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1 Cr
Satisfied charges
₹1 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jul 2018 | 100194111 | Others | ₹1 Cr | Open | |
| 10 Oct 2013 | 10457533 | Indian Overseas Bank | ₹1 Cr | Satisfied |
To see the full charge records of Bharath Best Leathers Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Bharath Best Leathers Private Limited has 16 court cases on record: 14 filed by Bharath Best Leathers, 2 filed against it. All cases are disposed.
Total cases
16
Filed by the company
14
Filed against the company
2
Disposed
16
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 2 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Erode, Tamil Nadu | Criminal miscellaneous application | Filed against the company by an individual | Disposed |
| District court, Erode, Tamil Nadu | Criminal miscellaneous application | Filed by the company | Disposed |
| District court, Erode, Tamil Nadu | Criminal miscellaneous application | Filed by the company against an individual | Disposed |
| District court, Erode, Tamil Nadu | Criminal miscellaneous application | Filed by the company | Disposed |
| District court, Erode, Tamil Nadu | Criminal case | Filed by the company against an individual | Disposed |
To see the full case history of Bharath Best Leathers 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 Bharath Best Leathers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bharath Best Leathers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCB0748N1ZL | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bharath Best Leathers Private Limited, buy the company report.
Recent activity
Bharath Best Leathers Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Boopathi Shanmugam was appointed as Director on 21 Jun 2012.
AGM
Bharath Best Leathers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Bharath Best Leathers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
A charge registered on 10 Oct 2013 via Charge ID 10457533 with Indian Overseas Bank was fully satisfied on 27 May 2022.
Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100194111 was registered on 24 Jul 2018.
Charges
A charge with Indian Overseas Bank amounted to Rs. 1.00 Cr with Charge ID 10457533 was registered on 10 Oct 2013.
Appointed
Boopathi Shanmugam was appointed as Director.
Appointed
Shanmugam Hemalatha was appointed as Director.
Incorporation
21 Jun 2012
Bharath Best Leathers Private Limited was registered on 21 Jun 2012 with Roc Chennai & aged 14 years 4 months as per MCA records.
Frequently asked questions
Bharath Best Leathers is an active private limited company based in Chennai, Tamil Nadu, India. The company works in leather goods, within the manufacturing industry. It was incorporated on 21 June 2012 (14+ years old) and is registered under CIN U19115TN2012PTC086438.
Bharath Best Leathers has 2 current directors:
- Boopathi Shanmugam - Director
- Shanmugam Hemalatha - Director
The latest financial statements of Bharath Best Leathers 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 Bharath Best Leathers is 33AAFCB0748N1ZL, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Bharath Best Leathers is U19115TN2012PTC086438. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bharath Best Leathers has 16 court cases on record: 14 filed by the company and 2 filed against it.
Bharath Best Leathers was incorporated on 21 June 2012, making it 14+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Bharath Best Leathers by revenue are Das Leather Kollektion Private Limited, Premier Leather Products Private Limited, Legge Footwear Private Limited, The Bombay Leather Cloth Manufacturing Compamy Private Ltd, Roger Exports Private Limited and 2 more, all in the Manufacturing industry (Leather), with the same principal business activity (textile, leather and other apparel products).
Boopathi Shanmugam was appointed as Director on 21 Jun 2012. Shanmugam Hemalatha was appointed as Director on 21 Jun 2012.
Yes, Bharath Best Leathers is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-07-0023514).
The registered office of Bharath Best Leathers is at New No.14 Old No.16 M V Badran Street Periamet Chennai, Tamil Nadu, India – 600007.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages