Leather Sources Private Limited
About Leather Sources Private Limited
Data last updated:
Leather Sources Private Limited is a private limited company based in Jalandhar - I, Punjab, India. It operates in the footwear manufacturing segment of the consumer goods sector. It was incorporated on 07 October 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U19129PB2013PTC037996. Its GSTIN is 03AACCL5731G1ZV (Punjab).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.84 Cr. It is led by directors Surjit Singh (Managing Director) and Avtar Singh.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Jalandhar – I, Punjab.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.94 Cr, a decline of 54% compared to the previous year. For the same year it recorded a net loss of ₹6.75 Lakh (net margin -2.3%) and EBITDA of ₹23.62 Lakh (EBITDA margin 8%). Revenue has declined at a compounded annual rate (CAGR) of 34% over three years and 19% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5.81 Cr and satisfied charges of ₹4.25 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address22 Leather Complex, Kapurthala Road Jalandhar, Jalandhar – I, Punjab, India – 144021
- IndustryConsumer Goods, Footwear Manufacturing, Leather Goods Manufacturing
- 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 Leather Sources Private Limited
The main business activity of Leather Sources 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.
Auditor Details of Leather Sources Private Limited
Leather Sources Private Limited is audited by MANINDER SINGH & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MANINDER SINGH & 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 Leather Sources Private Limited
Leather Sources has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avtar Singh | Director | 07 Oct 2013 | 12 Years 11 Months | Current |
| Surjit Singh | Managing Director | 07 Oct 2013 | 12 Years 11 Months | Current |
Financials of Leather Sources Private Limited FY 2025 filings available
Leather Sources Private Limited reported revenue of ₹2.94 Cr (down 54% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Leather Sources Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 19% over five years, including a 54% fall in the latest year. EBITDA fell 39% 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 Leather Sources Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹23.62 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹6.75 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Leather Sources Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -2.3% | •••• | •••• | •••• | •••• |
| 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 Leather Sources 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.
Ownership and Shareholding of Leather Sources 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 Leather Sources Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jun 2016 | Indian Bank | ₹5.81 Cr | Open |
| 06 Dec 2022 | Hdfc Bank Limited | ₹4.25 Cr | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Leather Sources Private Limited
Leather Sources Private Limited has a workforce of 10 employees as of Apr 06, 2024.
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.
GST Compliance of Leather Sources Private Limited
Leather Sources has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AACCL5731G1ZV | 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.
Credit Ratings, Litigation & Regulatory Alerts for Leather Sources 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 Leather Sources 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 Leather Sources 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.
MCA Filings & Documents of Leather Sources 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.
Recent Activity on Leather Sources Private Limited
Frequently Asked Questions about Leather Sources Private Limited
Leather Sources is an active private limited company based in Jalandhar - I, Punjab, India. The company works in footwear manufacturing, within the consumer goods industry. It was incorporated on 07 October 2013 (13+ years old) and is registered under CIN U19129PB2013PTC037996.
Leather Sources reported revenue of ₹2.94 Cr for FY 2025 (down 54% YoY).
Leather Sources has 2 current directors:
- Surjit Singh - Managing Director
- Avtar Singh - Director
Leather Sources reported a net loss of ₹6.75 Lakh (net margin -2.3%) and EBITDA of ₹23.62 Lakh (EBITDA margin 8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Leather Sources is -34% over three years and -19% over five years. In the latest year (FY 2025) revenue fell 54%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Leather Sources is 03AACCL5731G1ZV, registered in Punjab.
The CIN (Corporate Identification Number) of Leather Sources is U19129PB2013PTC037996. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Leather Sources was incorporated on 07 October 2013, making it 13+ years old. It is registered with the Registrar of Companies, Chandigarh.
The registered office of Leather Sources is at 22 Leather Complex, Kapurthala Road Jalandhar, Jalandhar – I, Punjab, India – 144021.