About Euro Shoe Components Limited
Data last updated:
Euro Shoe Components Limited was a public limited company based in Ranipet, Tamil Nadu, India, operated as a subsidiary of Tata International Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the footwear manufacturing segment of the consumer goods sector. It was incorporated on 21 June 2005.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U19116TN2005PLC056665. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6 Lakh. It was formerly known as Euro Shoe Components Private Limited. It was led by directors including Vembu Muthukumaran and Gopalakrishna Pullala Varadharajulu.
Its last annual general meeting (AGM) was held on 27 August 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at No 60 Bhel Road Mukundarayapuram Sipcot, Ranipet, Tamil Nadu, India – 632405.
As per the financials filed for FY 2019, the company reported a revenue of ₹76.02 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹6.63 Cr (net margin 8.7%) and EBITDA of ₹11.06 Cr (EBITDA margin 14.6%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years.
The company had about 476 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Euro Shoe Components. As per MCA filings, the company had open charges of ₹15.75 Cr on record. The company has 1 deal on record (1 acquisition); the latest was in December 2010.
The last known website on record is euroshoe.in.
Company details
CIN history
Euro Shoe Components has one previous CIN (Corporate Identification Number): U19116TN2005PTC056665. The current CIN is U19116TN2005PLC056665, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U19116TN2005PLC056665 | Current |
| U19116TN2005PTC056665 | Previous |
Contact details
Euro Shoe Components Limited's registered office is in Ranipet, Tamil Nadu. Its website is euroshoe.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressNo 60 Bhel Road Mukundarayapuram Sipcot, Ranipet, Tamil Nadu, India – 632405
- IndustryConsumer Goods, Footwear Manufacturing
To see the full contact details of Euro Shoe Components Limited, buy the company report.
- 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
Brands
Euro Shoe Components operates one associated brand: Euro Shoe Components. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provide the Shoe components for shoe industries. | euroshoe.in |
Business activity
The main business activity of Euro Shoe Components is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Euro Shoe Components Limited, buy the company report.
Financials of Euro Shoe Components Limited
FY 2019 filings availableEuro Shoe Components Limited reported revenue of ₹76.02 Cr (up 12% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over three years, including 12% growth in the latest year. EBITDA fell 16% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹76.02 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹11.06 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.63 Cr | ||||
| 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.6% | ||||
| Net Profit Margin | 8.7% | ||||
| 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 Euro Shoe Components Limited, buy the company report.
Board of directors of Euro Shoe Components Limited
Euro Shoe Components has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vembu Muthukumaran Also directs: C2d Shoes LLP, Hua Yao Moulds Private Limited | Director | 10 Jan 2017 | 9 Years 10 Months | As last reported |
| Gopalakrishna Pullala Varadharajulu | Director | 01 Apr 2015 | 11 Years 7 Months | As last reported |
| Padmanaban Vijayaraghavan | Director | 31 Mar 2018 | 8 Years 7 Months | As last reported |
Auditor
Euro Shoe Components Limited is audited by S.R. Batliboi & Associates LLP for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Associates LLP | FY 2019 | 101049W/E300004 |
Shareholding
The shareholding of Euro Shoe Components Limited is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Euro Shoe Components Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jul 2005 | 80025929 | Others | ₹15.75 Cr | Open |
To see the full charge records of Euro Shoe Components Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Euro Shoe Components Limited has 1 deal on record (1 acquisition); the latest was in December 2010.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2010 | Acquisition | Undisclosed | Buyer: Tata International Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Euro Shoe Components Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Euro Shoe Components Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Euro Shoe Components Limited has a workforce of 476 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Euro Shoe Components has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Euro Shoe Components Limited, buy the company report.
Recent activity
Euro Shoe Components Limited has 10 board changes on record since 2011: 3 appointments and 7 cessations. The latest: Padmanaban Vijayaraghavan ceased to be Additional Director on 20 Jul 2018.
3 earlier events are in the company report.
Frequently asked questions
Euro Shoe Components has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Euro Shoe Components was a public limited company based in Ranipet, Tamil Nadu, India. The company worked in footwear manufacturing, within the consumer goods industry. It was incorporated on 21 June 2005 and is registered under CIN U19116TN2005PLC056665. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Euro Shoe Components was incorporated on 21 June 2005. It is registered with the Registrar of Companies, Chennai.
Euro Shoe Components had 3 directors:
- Vembu Muthukumaran - Director
- Gopalakrishna Pullala Varadharajulu - Director
- Padmanaban Vijayaraghavan - Director
The CIN (Corporate Identification Number) of Euro Shoe Components is U19116TN2005PLC056665. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Euro Shoe Components is at No 60 Bhel Road Mukundarayapuram Sipcot, Ranipet, Tamil Nadu, India – 632405.
Euro Shoe Components can be reached through the website euroshoe.in. Its registered office is in Ranipet, Tamil Nadu, India.
The latest financial statements of Euro Shoe Components on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 27 August 2019. Year-wise statements from 2015 are in the company report.
No. Euro Shoe Components has 1 GST registration on record and it is cancelled or inactive.
Euro Shoe Components operated in the consumer goods industry, in the footwear manufacturing segment.
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.
