Leisure Time Garments Private Limited
About Leisure Time Garments Private Limited
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Leisure Time Garments Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 13 June 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U52322PB1996PTC018341. Its GSTIN is 03AAACL5125E1Z5 (Punjab).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹48.7 Lakh. It is led by directors including Ashok Kumar Jain and Mohinder Kumar Jain.
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 B Xxxii E 14 1678 Industrial Zone Bhadurke Road, Ludhiana, Punjab, India – 141008.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.91 Lakh, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹2.14 Lakh (net margin 27.1%) and EBITDA of ₹5.1 Lakh (EBITDA margin 64.5%). Revenue has declined at a compounded annual rate (CAGR) of 50% over three years and 18% over five years.
As per MCA filings, the company has open charges of ₹50 Lakh and satisfied charges of ₹2.56 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Leisure Time Garments Private Limited's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB Xxxii E 14 1678 Industrial Zone Bhadurke Road, Ludhiana, Punjab, India – 141008
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Leisure Time Garments 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
Financials of Leisure Time Garments Private Limited
FY 2024 filings availableLeisure Time Garments Private Limited reported revenue of ₹7.91 Lakh (up 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 16% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 18%. EBITDA fell 24% 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 | ₹5.1 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.14 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 | 64.5% | ||||
| Net Profit Margin | 27.1% | ||||
| 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 Leisure Time Garments Private Limited, buy the company report.
Board of directors of Leisure Time Garments Private Limited
Leisure Time Garments has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Kumar Jain Also directs: Miniking Knitwears Pvt Ltd | Director | 13 Jun 1996 | 30 Years 4 Months | Current |
| Mohinder Kumar Jain Also directs: Miniking Knitwears Pvt Ltd | Director | 13 Jun 1996 | 30 Years 4 Months | Current |
| Anup Jain Also directs: Miniking Knitwears Pvt Ltd | Additional Director | 28 Jul 2025 | 1 Years 3 Months | Current |
| Sambhav Jain Also directs: Sadan Hosiery Private Limited | Additional Director | 21 Aug 2025 | 1 Years 2 Months | Current |
Peer comparison
Leisure Time Garments Private Limited is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Comfia Ecom Private Limited | ₹7.94 Lakh (FY 2022) | -84.0% | Gurugram, Haryana, India | |||
| Deesan Exports Private Limited | ₹7.93 Lakh (FY 2024) | 58.0% | Mumbai, Maharashtra, India | |||
| Indus Textiles Private Limited | ₹7.93 Lakh (FY 2024) | Bangalore, Karnataka, India | ||||
| Orbit Zippers Private Limited | ₹7.92 Lakh (FY 2024) | 48.0% | New Delhi, Delhi, India | |||
| K K K Fabric Processors Private Limited | ₹7.91 Lakh (FY 2024) | -34.0% | New Delhi, Delhi, India | |||
| Leisure Time Garments Private Limitedthis company | ₹7.91 Lakh (FY 2025) | ₹2.14 Lakh | 27.1% | 16.0% | Ludhiana, Punjab, India | |
| Kavan Cotton Private Limited | ₹7.9 Lakh (FY 2020) | -68.0% | Chanchavadarada, Gujarat, India | |||
| Gokul Debnath Trading Co. Private Limited | ₹7.9 Lakh (FY 2016) | 66.0% | Kolkata, West Bengal, India | |||
| S S B Fashions Private Limited | ₹7.87 Lakh (FY 2025) | 0.0% | Surat, Gujarat, India | |||
| Shri Bankey Bihari Dyeing & Finishing Private Limited | ₹7.87 Lakh (FY 2018) | 8.0% | Delhi, India | |||
| The Maharaja Kishangarh Somyag Mills Co. (Trans.) Limited | ₹7.86 Lakh (FY 2025) | 5.0% | Ajmer, Rajasthan, India |
To see the full peer comparison of Leisure Time Garments Private Limited, buy the company report.
Auditor
Leisure Time Garments Private Limited is audited by ADARSH BANSAL for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ADARSH BANSAL | FY 2023 | 527036 |
Shareholding
The shareholding of Leisure Time Garments 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Leisure Time Garments Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Jul 2013 | 10443410 | Hdfc Bank Limited | ₹50 Lakh | Satisfied | |
| 10 Oct 2008 | 10132252 | State Bank of India | ₹74 Lakh | Satisfied | |
| 23 Jul 2002 | 90183000 | State Bank of India | ₹69 Lakh | Satisfied | |
| 10 Jul 2001 | 90182865 | State Bank of India | ₹52 Lakh | Satisfied | |
| 20 Feb 1997 | 90182253 | State Bank of India | ₹11 Lakh | Satisfied |
To see the full charge records of Leisure Time Garments Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Leisure Time Garments Private Limited has 1 court case on record: 1 filed by Leisure Time Garments. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, CHANDIGARH (UT) | Tax appeal | Filed by the company against an individual | Disposed |
To see the full case history of Leisure Time Garments 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Leisure Time Garments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Leisure Time Garments has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACL5125E1Z5 | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Leisure Time Garments Private Limited, buy the company report.
Recent activity
Leisure Time Garments Private Limited has 8 board changes on record since 1996: 6 appointments and 2 cessations. The latest: Sambhav Jain was appointed as Additional Director on 21 Aug 2025.
11 earlier events are in the company report.
Frequently asked questions
Leisure Time Garments is an active private limited company based in Ludhiana, Punjab, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 13 June 1996 (30+ years old) and is registered under CIN U52322PB1996PTC018341.
Leisure Time Garments has 4 current directors:
- Ashok Kumar Jain - Director
- Mohinder Kumar Jain - Director
- Anup Jain - Additional Director
- Sambhav Jain - Additional Director
The latest financial statements of Leisure Time Garments 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 Leisure Time Garments is 03AAACL5125E1Z5, registered in Punjab.
The CIN (Corporate Identification Number) of Leisure Time Garments is U52322PB1996PTC018341. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Leisure Time Garments has 1 court case on record: 1 filed by the company.
Leisure Time Garments was incorporated on 13 June 1996, making it 30+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Leisure Time Garments by revenue are Comfia Ecom Private Limited, Deesan Exports Private Limited, Indus Textiles Private Limited, Orbit Zippers Private Limited, K K K Fabric Processors Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Sambhav Jain was appointed as Additional Director on 21 Aug 2025. Parul Gupta ceased to be Director on 31 Jul 2025. Seema Gupta ceased to be Director on 31 Jul 2025. Leisure Time Garments has 8 board changes on record in total.
The registered office of Leisure Time Garments is at B Xxxii E 14 1678 Industrial Zone Bhadurke Road, Ludhiana, Punjab, India – 141008.
Leisure Time Garments operates in the manufacturing industry, in the textile and fabric production segment.
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