MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-HR-13-0001971
Drish Shoes Limited - consumer goods in Himachal Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹50.77 Cr
▼ 71% YoY
Net loss · FY 2021
₹76.5 Cr
Net margin -150.7%
EBITDA · FY 2021
-₹65.2 Cr
EBITDA margin -128.4%
Authorised capital
₹12 Cr
Registered with MCA
Paid-up capital
₹3 Cr
Issued & subscribed
Open charges
₹50 Cr
Satisfied ₹800.35 Cr
Company age
39 yrs
Est. 1987
Employees · EPFO
267
Provident fund records
About Drish Shoes Limited
Data last updated:
Drish Shoes Limited is a public limited company based in Himachal Pradesh, India. It operates in the footwear manufacturing segment of the consumer goods sector. It was incorporated on 09 March 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Himachal Pradesh, under CIN U45202HP1987PLC007337. Its GSTIN is 02AABCD1758L2ZR (Himachal Pradesh). The company holds 7 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹3 Cr. It was formerly known as Drish Shoes Private Limited. It is led by directors including Pawan Kumar and Sanjay Jain.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Vill Rajpurateh Nalagarh Distt Solan, Himachal Pradesh, India.
As per the financials filed for FY 2021, the company reported a revenue of ₹50.77 Cr, a decline of 71% compared to the previous year. For the same year it recorded a net loss of ₹76.5 Cr (net margin -150.7%) and EBITDA of -₹65.2 Cr (EBITDA margin -128.4%). Revenue has declined at a compounded annual rate (CAGR) of 42% over three years and 28% over five years.
The company has about 267 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹50 Cr and satisfied charges of ₹800.35 Cr on record. Court records list 46 cases involving the company, including 18 filed by the company and 28 filed against it; 11 cases are pending. The company has 8 deals on record (8 secondary share transfers); the latest was in March 2018. Its 4 peer companies in the Consumer Products industry (Footwear Manufacturers), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 3 larger and 1 smaller; the largest is HTL Footwear Private Limited with revenue of ₹51.63 Cr.
Drish Shoes Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-13-0001971). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website drish.com.
Company details
CIN U45202HP1987PLC007337
Registration Number 007337
Incorporation Date 09 March 1987
ROC Himachal Pradesh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-HR-13-0001971
CIN history
Drish Shoes has one previous CIN (Corporate Identification Number): U45202HP1987PTC007337. The current CIN is U45202HP1987PLC007337, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45202HP1987PLC007337 | Current |
| U45202HP1987PTC007337 | Previous |
Recognitions & Rankings of Drish Shoes
Contact details
Drish Shoes Limited's registered office is in Himachal Pradesh. Its website is drish.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressVill Rajpurateh Nalagarh Distt Solan, Himachal Pradesh, India
- IndustryConsumer Goods, Footwear Manufacturing, Leather Goods Manufacturing
To see the full contact details of Drish Shoes Limited, buy the company report.
Comprehensive company report
Drish Shoes 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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Business activity
The main business activity of Drish Shoes 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 Drish Shoes Limited, buy the company report.
Financials of Drish Shoes Limited
FY 2021 filings availableDrish Shoes Limited reported revenue of ₹50.77 Cr (down 71% YoY) for FY 2021.
Revenue · FY 2021
₹50.77 Cr ▼ 71%
Net loss · FY 2021
₹76.5 Cr margin -150.7%
EBITDA · FY 2021
-₹65.2 Cr margin -128.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 71%
3 years · compounded
▼ 42%
5 years · compounded
▼ 28%
EBITDA CAGR growth
3 years · compounded
▼ 112%
5 years · compounded
▼ 45%
Revenue has declined at a compounded annual rate (CAGR) of 28% over five years, including a 71% fall 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹50.77 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹65.2 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹76.5 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -128.4% | ||||
| Net Profit Margin | -150.7% | ||||
| 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 Drish Shoes Limited, buy the company report.
Board of directors of Drish Shoes Limited
Drish Shoes has 4 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pawan Kumar Also directs: Kedwin Lifesciences Private Limited, RKV Spirits Private Limited, Sprav Impex Private Limited and 5 more | Director | 06 Jul 2024 | 2 Years 3 Months | Current |
| Sanjay Jain | Director | 06 Jul 2024 | 2 Years 3 Months | Current |
| Ajay Jain Also directs: Goldkey Primeland LLP, Shamli Steels Private Limited | Director | 06 Jul 2024 | 2 Years 3 Months | Current |
| Ravinder Kumar Also directs: RKV Spirits Private Limited, Birla Medicare Private Limited, Maabalasundri Enterprises Private Limited and 2 more | Director | 06 Jul 2024 | 2 Years 3 Months | Current |
Peer comparison
Drish Shoes Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Footwear 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 |
|---|---|---|---|---|---|---|
| HTL Footwear Private Limited | ₹51.63 Cr (FY 2025) | -11.0% | New Delhi, Delhi, India | |||
| Kalp Footwear Industries Private Limited | ₹51.15 Cr (FY 2025) | 94.0% | Agra, Uttar Pradesh, India | |||
| D.S.M. Sole Products Private Limited | ₹50.97 Cr (FY 2025) | 17.0% | Agra, Uttar Pradesh, India | |||
| Drish Shoes Limitedthis company | ₹50.77 Cr (FY 2021) | -₹76.5 Cr | -150.7% | -71.0% | 267 | Himachal Pradesh, India |
| Asb Polymers Private Limited | ₹49.51 Cr (FY 2025) | 13.0% | Bahadurgarh, Haryana, India |
To see the full peer comparison of Drish Shoes Limited, buy the company report.
Auditor
Drish Shoes Limited is audited by KUMAR BHAGWAD & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KUMAR BHAGWAD & CO | FY 2021 | 145509N |
Shareholding
The shareholding of Drish Shoes Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Drish Shoes Limited, buy the company report.
Charges & borrowings
Open charges
₹50 Cr
Satisfied charges
₹800.35 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Dec 2024 | 101045306 | Hdfc Bank Limited | ₹50 Cr | Open | |
| 06 May 2021 | 100446928 | Bank of India | ₹123.67 Cr | Satisfied | |
| 12 May 2020 | 100336538 | Bank of India | ₹8.42 Cr | Satisfied | |
| 07 Feb 2020 | 100329163 | Others | ₹5 Cr | Satisfied | |
| 07 May 2018 | 100175647 | Bank of India | ₹6.6 Cr | Satisfied |
To see the full charge records of Drish Shoes Limited, buy the company report.
Total charge records: 34 View all charges
Deals & funding
Drish Shoes Limited has 8 deals on record (8 secondary share transfers); the latest was in March 2018.
Total deals
8
Secondary share transfers
8
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| May 2014 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Feb 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jan 2013 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
To see the full deal history of Drish Shoes Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Drish Shoes Limited has 46 court cases on record: 18 filed by Drish Shoes, 28 filed against it. 11 cases are pending and 35 are disposed.
Total cases
46
Filed by the company
18
Filed against the company
28
Pending
11
Disposed
35
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 28 | 15 | 9 |
| High courts | 8 | 3 | 1 |
| NCLAT | 5 | 5 | 0 |
| Supreme Court | 3 | 3 | 1 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 46)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Commercial suit | Filed against the company by Abc Transport Company Pvt. Ltd. | Disposed |
| District court, North West, Delhi | Court case (CS (COMM.)) | Filed against the company by M/S Sudhpriya Plastichem Pvt. Ltd. | Disposed |
| District court, Chandigarh | Cheque dishonour complaint | Filed against the company by M/S Winner Nippon Leatherette Pvt. Ltd. | Disposed |
| District court, Panchkula, Haryana | Civil suit | Filed against the company | Pending |
| District court, Panchkula, Haryana | Cheque dishonour complaint | Filed by the company against M/S Locatto Feetz | Pending |
To see the full case history of Drish Shoes 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 Drish Shoes Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Drish Shoes has 1 associated company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
1
Associated companies
Employees & EPFO
Drish Shoes Limited has a workforce of 267 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
Employee count
267
Active EPFO establishments
1
Employee growth
-32.58%
GST
Drish Shoes has 7 GST registrations: 6 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
7
Active
6
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02AABCD1758L2ZR | Himachal Pradesh | Active | 01 Jul 2017 |
| 03AABCD1758L1ZQ | Punjab | Active | 01 Jul 2017 |
| 04AABCD1758L1ZO | Chandigarh | Active | 01 Jul 2017 |
| 06AABCD1758L1ZK | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Drish Shoes Limited, buy the company report.
Recent activity
Drish Shoes Limited has 16 board changes on record since 2009: 4 appointments and 12 cessations. The latest: Ajay Jain was appointed as Director on 06 Jul 2024.
Charges
A charge with Hdfc Bank Limited of Rs. 50.00 Cr registered on 30 Dec 2024 with Charge ID 101045306 was modified on 26 Mar 2025.
Charges
A charge registered on 06 May 2021 via Charge ID 100446928 with Bank Of India was fully satisfied on 04 Feb 2025.
Charges
A charge registered on 12 May 2020 via Charge ID 100336538 with Bank Of India was fully satisfied on 04 Feb 2025.
Charges
A charge registered on 07 May 2018 via Charge ID 100175647 with Bank Of India was fully satisfied on 04 Feb 2025.
Charges
A charge registered on 21 Apr 2018 via Charge ID 100175646 with Bank Of India was fully satisfied on 04 Feb 2025.
Charges
A charge registered on 18 Mar 2017 via Charge ID 100116219 with Bank Of India was fully satisfied on 04 Feb 2025.
Charges
A charge registered on 14 Nov 2014 via Charge ID 10565820 with Bank Of India was fully satisfied on 04 Feb 2025.
Charges
A charge registered on 29 Sep 2014 via Charge ID 10565821 with Bank Of India was fully satisfied on 04 Feb 2025.
Charges
A charge registered on 26 Mar 2014 via Charge ID 10489712 with Bank Of India was fully satisfied on 04 Feb 2025.
Charges
A charge registered on 26 Mar 2014 via Charge ID 10489721 with Bank Of India was fully satisfied on 04 Feb 2025.
Charges
A charge registered on 19 Mar 2014 via Charge ID 10490955 with Bank Of India was fully satisfied on 04 Feb 2025.
Charges
A charge registered on 10 Jan 2014 via Charge ID 10481470 with Bank Of India was fully satisfied on 04 Feb 2025.
83 earlier events are in the company report.
Frequently asked questions
Drish Shoes is an active public limited company based in Himachal Pradesh, India. The company works in footwear manufacturing, within the consumer goods industry. It was incorporated on 09 March 1987 (39+ years old) and is registered under CIN U45202HP1987PLC007337.
Drish Shoes has 4 current directors:
- Pawan Kumar - Director
- Sanjay Jain - Director
- Ajay Jain - Director
- Ravinder Kumar - Director
The latest financial statements of Drish Shoes on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Drish Shoes is 02AABCD1758L2ZR, registered in Himachal Pradesh. The company has 7 GST registrations in all, of which 6 are active and 1 is cancelled or inactive. Other active GSTINs include 03AABCD1758L1ZQ (Punjab), 04AABCD1758L1ZO (Chandigarh), 06AABCD1758L1ZK (Haryana).
The CIN (Corporate Identification Number) of Drish Shoes is U45202HP1987PLC007337. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Drish Shoes has 46 court cases on record: 18 filed by the company and 28 filed against it. 11 are pending. Most are in the district courts.
Drish Shoes was incorporated on 09 March 1987, making it 39+ years old. It is registered with the Registrar of Companies, Himachal Pradesh.
Drish Shoes has 8 deals on record (8 secondary share transfers); the latest was in March 2018.
The peers of Drish Shoes by revenue are HTL Footwear Private Limited, Kalp Footwear Industries Private Limited, D.S.M. Sole Products Private Limited, Asb Polymers Private Limited, all in the Consumer Products industry (Footwear Manufacturers), with the same principal business activity (textile, leather and other apparel products).
Ajay Jain was appointed as Director on 06 Jul 2024. Indereshwar Singh Paul ceased to be Managing Director on 06 Jul 2024. Pawan Kumar was appointed as Director on 06 Jul 2024. Drish Shoes has 16 board changes on record in total.
Yes, Drish Shoes is registered as a small enterprise under Udyam registration (number: UDYAM-HR-13-0001971).