About Deep Leather (India) Private Limited
Data last updated:
Deep Leather (India) Private Limited is a private limited company based in Jalandhar, Punjab, India. It operates in the leather goods segment of the manufacturing sector. It was incorporated on 28 February 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U19201PB1985PTC006160. Its GSTIN is 03AAACD7930K1ZR (Punjab).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It was formerly known as Deep Traders India Private Limited. It is led by directors including Gursimerdeep Singh and Jagjit Singh.
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 Plot No. 2 Leather Complex Kapurthala Road, Jalandhar, Punjab, India – 144021.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.52 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹16.39 Lakh (net margin 1.6%) and EBITDA of ₹1.46 Cr (EBITDA margin 13.9%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 4% over five years.
The company has about 26 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹18.82 Cr and satisfied charges of ₹32.95 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jalandharleathers.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No. 2 Leather Complex Kapurthala Road, Jalandhar, Punjab, India – 144021
- IndustryManufacturing, Leather Goods
- 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
- One PDF report, delivered after checkout
Business Activity of Deep Leather (India) Private Limited
The main business activity of Deep Leather (India) is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Deep Leather (India) Private Limited FY 2024 filings available
Deep Leather (India) Private Limited reported revenue of ₹10.52 Cr (down 17% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Deep Leather (India) Private Limited
Revenue fell 17% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 4% 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 of Deep Leather (India) Private Limited
| 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 | ₹10.52 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.46 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹16.39 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 of Deep Leather (India) Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Deep Leather (India) are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Deep Leather (India) Private Limited
Deep Leather (India) Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Leather). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Leder and Vogue Private Limited | ₹11.01 Cr (FY 2023) | •••• | •••• | 7.0% | •••• | Mumbai, Maharashtra, India |
| BKS Leather Exports Private Limited | ₹10.91 Cr (FY 2018) | •••• | •••• | 6.0% | •••• | Kolkata, West Bengal, India |
| Bader Leather India Private Limited | ₹10.79 Cr (FY 2024) | •••• | •••• | -38.0% | •••• | Walajapet, Tamil Nadu, India |
| Genuine Leather Associates Private Limited | ₹10.73 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Vaniyambadi, Tamil Nadu, India |
| Saint G Leather Studio Private Limited | ₹10.58 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | New Delhi, Delhi, India |
| Deep Leather (India) Private Limited this company | ₹10.52 Cr (FY 2024) | •••• | •••• | -17.0% | •••• | Jalandhar, Punjab, India |
| Derma Leather India Private Limited | ₹10.51 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Tamil Nadu, India |
| Cheng Chiang Leather Private Limited | ₹10.25 Cr (FY 2025) | •••• | •••• | 83.0% | •••• | Chennai, Tamil Nadu, India |
| Canton Tannery Private Limited | ₹9.97 Cr (FY 2024) | •••• | •••• | 56.0% | •••• | Kolkata, West Bengal, India |
| Prasanthi Leather Chem Private Limited | ₹9.95 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Kolkata, West Bengal, India |
| Butler Leather Goods Factory India Private Limited | ₹9.93 Cr (FY 2024) | •••• | •••• | 17.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Deep Leather (India) by revenue in the Manufacturing industry (Leather), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Deep Leather (India) Private Limited
Deep Leather (India) Private Limited is audited by K. BHAGAT & Co. for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K. BHAGAT & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Deep Leather (India) Private Limited
Deep Leather (India) has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gursimerdeep Singh | Director | 21 May 2003 | 23 Years 4 Months | Current |
| Jagjit Singh Also directs: Jalandhar Leather (India) Limited | Director | 28 Feb 1985 | 41 Years 7 Months | Current |
| Joginder Kaur | Director | 10 May 1990 | 36 Years 5 Months | Current |
| Sandeep Jolly Singh Also directs: Jalandhar Leather (India) Limited | Director | 21 May 1993 | 33 Years 4 Months | Current |
Ownership and Shareholding of Deep Leather (India) Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Deep Leather (India) Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Aug 2024 | Others | ₹2.6 Cr | Open |
| 30 Jul 2024 | Others | ₹1.52 Cr | Open |
| 22 Jul 2024 | Others | ₹4.99 Cr | Open |
| 30 Mar 2024 | Sidbi | ₹70 Lakh | Open |
| 18 Jan 2021 | Sidbi | ₹60 Lakh | Open |
Total charge records: 19 View all charges
Legal Cases of Deep Leather (India) Private Limited
Deep Leather (India) Private Limited has 2 court cases on record: 2 filed by Deep Leather (India). 1 case is pending and 1 is disposed. Status as checked between 02 Oct 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
| District courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Allahabad High Court | Court case (A482) | Filed by the company against State of U.P | Pending |
| District court, Jalandhar, Punjab | Civil suit | Filed by the company against an individual | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Deep Leather (India) Private Limited
Deep Leather (India) Private Limited has a workforce of 26 employees as of Mar 19, 2025.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Deep Leather (India) Private Limited
Deep Leather (India) Private Limited has 4 board changes on record since 1985: 4 appointments. The latest: Gursimerdeep Singh was appointed as Director on 21 May 2003.
28 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Deep Leather (India) Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Deep Leather (India) Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Deep Leather (India) Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Deep Leather (India) Private Limited
Deep Leather (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACD7930K1ZR | Punjab | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Deep Leather (India) Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Deep Leather (India) Private Limited
Deep Leather (India) is an active private limited company based in Jalandhar, Punjab, India. The company works in leather goods, within the manufacturing industry. It was incorporated on 28 February 1985 (41+ years old) and is registered under CIN U19201PB1985PTC006160.
Deep Leather (India) reported revenue of ₹10.52 Cr for FY 2024 (down 17% YoY).
Deep Leather (India) has 4 current directors:
- Gursimerdeep Singh - Director
- Jagjit Singh - Director
- Joginder Kaur - Director
- Sandeep Jolly Singh - Director
Deep Leather (India) reported a net profit of ₹16.39 Lakh (net margin 1.6%) and EBITDA of ₹1.46 Cr (EBITDA margin 13.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Deep Leather (India) is 21% over three years and 4% over five years. In the latest year (FY 2024) revenue fell 17%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Deep Leather (India) is 03AAACD7930K1ZR, registered in Punjab.
The CIN (Corporate Identification Number) of Deep Leather (India) is U19201PB1985PTC006160. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Deep Leather (India) has 2 court cases on record: 2 filed by the company. 1 is pending. Most are in the high courts.
Deep Leather (India) was incorporated on 28 February 1985, making it 41+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Deep Leather (India) by revenue are Leder and Vogue Private Limited, BKS Leather Exports Private Limited, Bader Leather India Private Limited, Genuine Leather Associates Private Limited, Saint G Leather Studio Private Limited and 5 more, all in the Manufacturing industry (Leather).
Gursimerdeep Singh was appointed as Director on 21 May 2003. Sandeep Jolly Singh was appointed as Director on 21 May 1993. Joginder Kaur was appointed as Director on 10 May 1990. Deep Leather (India) has 4 board changes on record in total.