About Exquisite Enterprises Private Limited
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Exquisite Enterprises Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the leather goods manufacturing segment of the consumer goods sector. It was incorporated on 16 September 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1994PTC061569. Its GSTIN is 06AAACE2091A1ZB (Haryana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.98 Cr. It is led by directors Harveen Singh Bali and Jatinder Kaur Bali.
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 No 20 Lsc Ddaudai Park, New Delhi, Delhi, India – 110049.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.99 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹24.97 Lakh (net margin 2.5%) and EBITDA of ₹53.57 Lakh (EBITDA margin 5.4%). Revenue has declined at a compounded annual rate (CAGR) of 28% over three years and 17% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹8.37 Cr and satisfied charges of ₹8.82 Cr on record. Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website explicitleathergroup.com.
Company details
Contact details
Exquisite Enterprises Private Limited's registered office is in New Delhi, Delhi. Its website is explicitleathergroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo 20 Lsc Ddaudai Park, New Delhi, Delhi, India – 110049
- IndustryConsumer Goods, Leather Goods Manufacturing
To see the full contact details of Exquisite Enterprises Private 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
Business activity
The main business activity of Exquisite Enterprises 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 Exquisite Enterprises Private Limited, buy the company report.
Financials of Exquisite Enterprises Private Limited
FY 2024 filings availableExquisite Enterprises Private Limited reported revenue of ₹9.99 Cr (down 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 23% fall in the latest year. EBITDA fell 18% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹53.57 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹24.97 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.4% | ||||
| Net Profit Margin | 2.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Exquisite Enterprises Private Limited, buy the company report.
Board of directors of Exquisite Enterprises Private Limited
Exquisite Enterprises has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harveen Singh Bali | Director | 16 Sep 1994 | 32 Years 1 Months | Current |
| Jatinder Kaur Bali Also directs: HS Bali & Sons LLP | Director | 29 Sep 2001 | 25 Years 1 Months | Current |
Peer comparison
Exquisite Enterprises Private Limited is compared with the 7 companies closest to it by revenue in the Consumer Products industry (Leather Goods Manufacturers), 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 |
|---|---|---|---|---|---|---|
| Bader Leather India Private Limited | ₹10.79 Cr (FY 2024) | -38.0% | Walajapet, Tamil Nadu, India | |||
| Jarosniv Exports Private Limited | ₹10.55 Cr (FY 2025) | -12.0% | New Delhi, Delhi, India | |||
| Overseas Saddlery Private Limited | ₹10.42 Cr (FY 2024) | 3.0% | Kanpur, Uttar Pradesh, India | |||
| Exquisite Enterprises Private Limitedthis company | ₹9.99 Cr (FY 2025) | ₹24.97 Lakh | 2.5% | -23.0% | 11 | New Delhi, Delhi, India |
| Butler Leather Goods Factory India Private Limited | ₹9.93 Cr (FY 2024) | 17.0% | Chennai, Tamil Nadu, India | |||
| Ven Ponn Shoes Private Limited | ₹9.92 Cr (FY 2024) | 50.0% | Chennai, Tamil Nadu, India | |||
| IV Creation Private Limited | ₹9.9 Cr (FY 2018) | 6.0% | Kolkata, West Bengal, India | |||
| MNV Fashion Private Limited | ₹9.66 Cr (FY 2024) | 0.0% | Delhi, India |
To see the full peer comparison of Exquisite Enterprises Private Limited, buy the company report.
Auditor
Exquisite Enterprises Private Limited is audited by LALIT JR SHARMA AND ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LALIT JR SHARMA AND ASSOCIATES | FY 2022 | 031204N |
Shareholding
The shareholding of Exquisite Enterprises Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Exquisite Enterprises Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Dec 2021 | 100517299 | Others | ₹77.47 Lakh | Open | |
| 14 Oct 2014 | 10531362 | Union Bank of India | ₹20 Lakh | Open | |
| 19 Jun 2008 | 10116270 | Others | ₹7.4 Cr | Open | |
| 19 Jun 2008 | 10116268 | Union Bank of India | ₹1 Cr | Satisfied | |
| 15 Jan 2008 | 10087362 | Union Bank of India | ₹22 Lakh | Satisfied |
To see the full charge records of Exquisite Enterprises Private Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
Exquisite Enterprises Private Limited has 6 court cases on record: 3 filed by Exquisite Enterprises, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 0 |
| Supreme Court | 2 | 1 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| District court, Central, Delhi | Commercial suit | Filed against the company by an individual | Disposed |
| Supreme Court | Court case (2300-Nine Judges Bench Matter) | Filed against the company by State of Haryana Prohibition Excise and Taxation Department Secretary Secretary Civil Secretariat , District: Chandigarh ,Chandigarh , Chandigarh and 40 others | Disposed |
| District court, South East, Delhi | Civil suit | Filed by the company against Union Bank of India and Anr and 3 others | Disposed |
| High Court, CHANDIGARH (UT) | Writ petition | Filed by the company against State of Hry. | Disposed |
To see the full case history of Exquisite Enterprises 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.
Credit ratings & regulatory alerts
Exquisite Enterprises Private Limited was last rated by Crisil on 19 Oct 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 19 Oct 2021 |
To see the full credit ratings and regulatory alerts of Exquisite Enterprises Private Limited, buy the company report.
MSME payment delays
Exquisite Enterprises Private Limited has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 5 overdue payments to 5 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| C.M.S. Impex (India) Pvt. Ltd. | |||
| C & E Limited | |||
| an individual supplier |
To see the full MSME payment records of Exquisite Enterprises Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Exquisite Enterprises Private Limited has a workforce of 11 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Exquisite Enterprises has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACE2091A1ZB | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Exquisite Enterprises Private Limited, buy the company report.
Recent activity
Exquisite Enterprises Private Limited has 2 board changes on record since 1994: 2 appointments. The latest: Jatinder Kaur Bali was appointed as Director on 29 Sep 2001.
15 earlier events are in the company report.
Frequently asked questions
Exquisite Enterprises is an active private limited company based in New Delhi, Delhi, India. The company works in leather goods manufacturing, within the consumer goods industry. It was incorporated on 16 September 1994 (32+ years old) and is registered under CIN U74899DL1994PTC061569.
Exquisite Enterprises has 2 current directors:
- Harveen Singh Bali - Director
- Jatinder Kaur Bali - Director
The latest financial statements of Exquisite Enterprises 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 Exquisite Enterprises is 06AAACE2091A1ZB, registered in Haryana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Exquisite Enterprises is U74899DL1994PTC061569. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Exquisite Enterprises has 6 court cases on record: 3 filed by the company and 3 filed against it. Most are in the district courts.
Exquisite Enterprises was incorporated on 16 September 1994, making it 32+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Exquisite Enterprises by revenue are Bader Leather India Private Limited, Jarosniv Exports Private Limited, Overseas Saddlery Private Limited, Butler Leather Goods Factory India Private Limited, Ven Ponn Shoes Private Limited and 2 more, all in the Consumer Products industry (Leather Goods Manufacturers), with the same principal business activity (textile, leather and other apparel products).
Jatinder Kaur Bali was appointed as Director on 29 Sep 2001. Harveen Singh Bali was appointed as Director on 16 Sep 1994.
Exquisite Enterprises has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 5 overdue payments to 5 micro and small suppliers. The latest return was filed on 20 Sep 2019.
Exquisite Enterprises can be reached through the website explicitleathergroup.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Exquisite Enterprises is at No 20 Lsc Ddaudai Park, New Delhi, Delhi, India – 110049.
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