Farida Prime Tannery Private Limited

Farida Prime Tannery Private Limited - consumer goods in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U19201TN2005PTC055925 Incorporated 11 April 2005 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company consumer goods MSME · Medium
Data last updated
Revenue · FY 2024
₹104.6 Cr
▼ 6% YoY
Net profit · FY 2024
₹8.04 Lakh
Net margin 0.1%
EBITDA · FY 2024
₹2.64 Cr
EBITDA margin 2.5%
Authorised capital
₹8 Cr
Registered with MCA
Paid-up capital
₹7.93 Cr
Issued & subscribed
Open charges
₹16.5 Cr
Satisfied ₹53.28 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
43
Provident fund records

About Farida Prime Tannery Private Limited

Data last updated:

Farida Prime Tannery Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Farida Holdings Private Limited. It operates in the leather goods manufacturing segment of the consumer goods sector. It was incorporated on 11 April 2005 and has been in existence for over 21 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U19201TN2005PTC055925. Its GSTIN is 33AAACF8819R1Z2 (Tamil Nadu).

The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹7.93 Cr. It is led by directors Israr Ahmed and Mecca Ashfaque Ahmed.

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 151/4 Mount Poonamalle Roadramapuram Chennai 600089, Tamil Nadu, India – 600089.

As per the financials filed for FY 2024, the company reported a revenue of ₹104.6 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹8.04 Lakh (net margin 0.1%) and EBITDA of ₹2.64 Cr (EBITDA margin 2.5%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 12% over five years.

The company has about 43 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.

The company is associated with 1 brand: Farida. As per MCA filings, the company has open charges of ₹16.5 Cr and satisfied charges of ₹53.28 Cr on record. Court records list 45 cases involving the company, including 38 filed by the company and 7 filed against it; 25 cases are pending. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹4 Cr; the latest was in March 2019. Its 7 peer companies in the Consumer Products industry (Leather Goods Manufacturers), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 5 larger and 2 smaller; the largest is Rajda Industries & Exports Private Limited with revenue of ₹114.36 Cr. The company has 6 MSME Form 1 returns on record between 2019 and 2022, listing 73 overdue payments to 12 micro and small suppliers.

Farida Prime Tannery Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-24-0000153). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website farida.co.in.

Company details

CIN U19201TN2005PTC055925
Registration Number 055925
Incorporation Date 11 April 2005
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Farida Holdings Private Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TN-24-0000153
Key People
Israr Ahmed Director Mecca Ashfaque Ahmed Director

Recognitions & Rankings of Farida Prime Tannery

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-TN-24-0000153

Contact details

Farida Prime Tannery Private Limited's registered office is in Chennai, Tamil Nadu. Its website is farida.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    farida.co.in
  • Registered Address
    151/4 Mount Poonamalle Roadramapuram Chennai 600089, Tamil Nadu, India – 600089
  • Industry
    Consumer Goods, Leather Goods Manufacturing

To see the full contact details of Farida Prime Tannery Private Limited, buy the company report.

Comprehensive company report
Farida Prime Tannery 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
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Brands

Farida Prime Tannery operates one associated brand: Farida. Each brand links to its own profile.

BrandDescriptionWebsite
Farida
Serves as a contract manufacturer specializing in high-quality clothing production.farida.co.in

Business activity

The main business activity of Farida Prime Tannery is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

To see the full business activity and turnover split of Farida Prime Tannery Private Limited, buy the company report.

Financials of Farida Prime Tannery Private Limited

FY 2024 filings available

Farida Prime Tannery Private Limited reported revenue of ₹104.6 Cr (down 6% YoY) for FY 2024.

Revenue · FY 2024
₹104.6 Cr ▼ 6%
Net profit · FY 2024
₹8.04 Lakh margin 0.1%
EBITDA · FY 2024
₹2.64 Cr margin 2.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 5%
5 years · compounded
▼ 12%
EBITDA CAGR growth
1 year
▲ 11%
3 years · compounded
▼ 8%
5 years · compounded
▼ 23%

Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 6% fall in the latest year. EBITDA rose 11% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹2.64 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹8.04 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin2.5%
Net Profit Margin0.1%
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 Farida Prime Tannery Private Limited, buy the company report.

Board of directors of Farida Prime Tannery Private Limited

Farida Prime Tannery has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Israr Ahmed
Also directs: Fez Advisors LLP, Aston Shoes Exports LLP, Farida India Shoes Exports LLP and 5 more
Director11 Apr 200521 Years 6 MonthsCurrent
Mecca Ashfaque Ahmed
Also directs: Aston Shoes Exports LLP, Farida India Shoes Exports LLP, Titan Leathers Pvt Ltd and 5 more
Director19 Aug 20215 Years 2 MonthsCurrent
View all directors

Peer comparison

Farida Prime Tannery 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Rajda Industries & Exports Private Limited₹114.36 Cr (FY 2025)16.0%Kolkata, West Bengal, India
Natroyal Industries Private Limited₹112.53 Cr (FY 2025)-2.0%Mumbai, Maharashtra, India
New Horizons Private Limited₹111.54 Cr (FY 2025)13.0%Kolkata, West Bengal, India
Asg Kompanero Limited₹110.65 Cr (FY 2025)-12.0%Parganas South, West Bengal, India
Crescent Expo Syndicate Private Limited₹105.96 Cr (FY 2025)Bhangar, West Bengal, India
Farida Prime Tannery Private Limitedthis company₹104.6 Cr (FY 2024)₹8.04 Lakh0.1%-6.0%43Chennai, Tamil Nadu, India
BBK Exports Private Limited₹95.99 Cr (FY 2025)82.0%Krishnapuram Post, Tamil Nadu, India
Arora Vinyl Private Limited₹90.8 Cr (FY 2025)0.0%New Delhi, Delhi, India

To see the full peer comparison of Farida Prime Tannery Private Limited, buy the company report.

Auditor

Farida Prime Tannery Private Limited is audited by Sriraj Zakir &Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Sriraj Zakir &CoFY 2023024739S

Shareholding

The shareholding of Farida Prime Tannery Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Farida Prime Tannery Private Limited, buy the company report.

Charges & borrowings

Open charges
₹16.5 Cr
Satisfied charges
₹53.28 Cr
Breakdown by lending institutions
The Hongkong and Shanghai Banking Corporation Limited₹16.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
15 Oct 2020100393279The Hongkong and Shanghai Banking Corporation Limited₹16.5 CrOpen
22 Mar 201010216400Corporation Bank₹3 CrSatisfied
31 Jan 200690325456State Bank of India₹50.28 CrSatisfied

To see the full charge records of Farida Prime Tannery Private Limited, buy the company report.

Total charge records: 3 View all charges

Deals & funding

Farida Prime Tannery Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹4 Cr; the latest was in March 2019.

Total deals
2
Funding round
1
Secondary share transfer
1
Disclosed funding
₹4 Cr

Deals on record (2 of 2)

WhenDealAmountParties
Mar 2019Funding round₹4 CrInvestors: India Shoes Export Private Limited
Feb 2006Secondary share transferUndisclosedBuyer: Farida Holdings Private Limited
Seller: 4 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Farida Prime Tannery Private Limited was last rated by Crisil on 30 Mar 2020.

Rating agencyRated onRating
Crisil30 Mar 2020

To see the full credit ratings and regulatory alerts of Farida Prime Tannery Private Limited, buy the company report.

MSME payment delays

Farida Prime Tannery Private Limited has 6 MSME Form 1 returns on record between 2019 and 2022, listing 73 overdue payments to 12 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 12)

SupplierAmount dueDue sinceReported on
Prowis Corporate Services Private Limited
Modern Electricals
Subramanian and Co
an individual supplier
Janatics India Private Limited

To see the full MSME payment records of Farida Prime Tannery Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Farida Prime Tannery has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

2
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Titan Leathers Pvt LtdU19113WB1994PTC062984
Abrar Leather Exports Private LimitedU19129TN2004PTC052948

To see the full group structure of Farida Prime Tannery Private Limited, buy the company report.

Employees & EPFO

Farida Prime Tannery Private Limited has a workforce of 43 employees on its EPFO records as of Mar 29, 2024, across 2 active EPFO establishments.

Employee count
43
Active EPFO establishments
2
Employee growth
13.16%

GST

Farida Prime Tannery has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAACF8819R1Z2Tamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Farida Prime Tannery Private Limited, buy the company report.

Recent activity

Farida Prime Tannery Private Limited has 9 board changes on record since 2005: 2 appointments and 7 cessations. The latest: Mecca Rafeeque Ahmed ceased to be Director on 01 Apr 2024.

AGM
Farida Prime Tannery Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Mecca Rafeeque Ahmed ceased to be Director.
Filing
Farida Prime Tannery Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 16.50 Cr registered on 15 Oct 2020 with Charge ID 100393279 was modified on 25 Nov 2022.
Appointed
Mecca Ashfaque Ahmed was appointed as Director.
Charges
A charge registered on 31 Jan 2006 via Charge ID 90325456 with State Bank Of India was fully satisfied on 26 Mar 2021.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 16.50 Cr with Charge ID 100393279 was registered on 15 Oct 2020.
Ceased
Manjula Devi Sridharan ceased to be Company Secretary.
Ceased
Mecca Ahmed Iqbal ceased to be Director.
Ceased
Mecca Ashfaque Ahmed ceased to be Director.
Ceased
Mecca Irshad Ahmed ceased to be Director.
Ceased
Rasheed Ahmed Mecca ceased to be Director.

8 earlier events are in the company report.

News

Frequently asked questions

Farida Prime Tannery is an active private limited company based in Chennai, Tamil Nadu, India. The company works in leather goods manufacturing, within the consumer goods industry. It was incorporated on 11 April 2005 (21+ years old) and is registered under CIN U19201TN2005PTC055925.

Farida Prime Tannery has 2 current directors:

The latest financial statements of Farida Prime Tannery 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 Farida Prime Tannery is 33AAACF8819R1Z2, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Farida Prime Tannery is U19201TN2005PTC055925. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Farida Prime Tannery has 45 court cases on record: 38 filed by the company and 7 filed against it. 25 are pending. Most are in the high courts.

Farida Prime Tannery was incorporated on 11 April 2005, making it 21+ years old. It is registered with the Registrar of Companies, Chennai.

Farida Prime Tannery has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹4 Cr; the latest was in March 2019.

The peers of Farida Prime Tannery by revenue are Rajda Industries & Exports Private Limited, Natroyal Industries Private Limited, New Horizons Private Limited, Asg Kompanero Limited, Crescent Expo Syndicate 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).

Mecca Rafeeque Ahmed ceased to be Director on 01 Apr 2024. Mecca Ashfaque Ahmed was appointed as Director on 19 Aug 2021. Manjula Devi Sridharan ceased to be Company Secretary on 01 Sep 2019. Farida Prime Tannery has 9 board changes on record in total.

Yes, Farida Prime Tannery is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-24-0000153).

Farida Prime Tannery has 6 MSME Form 1 returns on record between 2019 and 2022, listing 73 overdue payments to 12 micro and small suppliers. The latest return was filed on 07 Jul 2022.