MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-02-0081184
Mathi Leathers Private Limited
Mathi Leathers Private Limited - manufacturing in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹31.93 Lakh
▼ 7% YoY
Net profit · FY 2024
₹12.62 Lakh
Net margin 39.5%
EBITDA · FY 2024
₹22.89 Lakh
EBITDA margin 71.7%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹15 Lakh
Issued & subscribed
Open charges
₹4.96 Cr
Satisfied ₹2.78 Cr
Company age
37 yrs
Est. 1989
Directors on board
4
As per MCA filings
About Mathi Leathers Private Limited
Data last updated:
Mathi Leathers Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the leather goods segment of the manufacturing sector. It was incorporated on 06 July 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U18209TN1989PTC017652. Its GSTIN is 33AAACM2169H1ZP (Tamil Nadu).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors including Sellam Pillai Vadivelu (Managing Director) and Rajamani Vadivelu.
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.18 Kumarappa Streetchenni – 03 Chenni – 03, Chennai, Tamil Nadu, India – 600003.
As per the financials filed for FY 2024, the company reported a revenue of ₹31.93 Lakh, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹12.62 Lakh (net margin 39.5%) and EBITDA of ₹22.89 Lakh (EBITDA margin 71.7%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 31% over five years.
As per MCA filings, the company has open charges of ₹4.96 Cr and satisfied charges of ₹2.78 Cr on record. Court records list 10 cases involving the company, including 8 filed by the company and 2 filed against it; 1 case is pending.
Mathi Leathers Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0081184). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U18209TN1989PTC017652
Registration Number 017652
Incorporation Date 06 July 1989
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0081184
Key People
Sellam Pillai Vadivelu Managing Director Rajamani Vadivelu Director Vadivelu Muthupandian Director Recognitions & Rankings of Mathi Leathers
Contact details
Mathi Leathers Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.18 Kumarappa Streetchenni – 03 Chenni – 03, Chennai, Tamil Nadu, India – 600003
- IndustryManufacturing, Leather Goods
To see the full contact details of Mathi Leathers Private Limited, buy the company report.
Comprehensive company report
Mathi Leathers 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Mathi Leathers is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Mathi Leathers Private Limited, buy the company report.
Financials of Mathi Leathers Private Limited
FY 2024 filings availableMathi Leathers Private Limited reported revenue of ₹31.93 Lakh (down 7% YoY) for FY 2024.
Revenue · FY 2024
₹31.93 Lakh ▼ 7%
Net profit · FY 2024
₹12.62 Lakh margin 39.5%
EBITDA · FY 2024
₹22.89 Lakh margin 71.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 2%
5 years · compounded
▼ 31%
EBITDA CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 36%
5 years · compounded
▼ 2%
Revenue has declined at a compounded annual rate (CAGR) of 31% over five years, including a 7% fall in the latest year. EBITDA rose 10% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹22.89 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹12.62 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 71.7% | ||||
| Net Profit Margin | 39.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Mathi Leathers Private Limited, buy the company report.
Board of directors of Mathi Leathers Private Limited
Mathi Leathers has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sellam Pillai Vadivelu | Managing Director | 29 Sep 1989 | 37 Years 1 Months | Current |
| Rajamani Vadivelu | Director | 22 Jan 1992 | 34 Years 9 Months | Current |
| Vadivelu Muthupandian | Director | 14 Dec 2009 | 16 Years 10 Months | Current |
| Vadivelu Balasubramanyan | Director | 14 Dec 2009 | 16 Years 10 Months | Current |
Auditor
Mathi Leathers Private Limited is audited by P SENTHAMARAI KANNAN AND CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P SENTHAMARAI KANNAN AND CO | FY 2022 | 216970 |
Shareholding
The shareholding of Mathi Leathers 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 Mathi Leathers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.96 Cr
Satisfied charges
₹2.78 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 May 2012 | 10391599 | The Karur Vysya Bank Limited | ₹4.96 Cr | Open | |
| 20 Feb 2008 | 10092803 | Union Bank of India | ₹5 Lakh | Satisfied | |
| 31 Mar 1999 | 90307776 | Union Bnak of India | ₹3.26 Lakh | Satisfied | |
| 28 Dec 1998 | 90307752 | Union Bank of India | ₹1.9 Cr | Satisfied | |
| 28 Dec 1998 | 90308509 | Union Bnak of India | ₹80 Lakh | Satisfied |
To see the full charge records of Mathi Leathers Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Mathi Leathers Private Limited has 10 court cases on record: 8 filed by Mathi Leathers, 2 filed against it. 1 case is pending and 9 are disposed.
Total cases
10
Filed by the company
8
Filed against the company
2
Pending
1
Disposed
9
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 1 | 1 |
| High courts | 4 | 1 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kancheepuram, Tamil Nadu | Execution petition | Filed by the company against M/S. Photon Infotech Pvt Ltd | Pending |
| District court, Chennai, Tamil Nadu | Execution petition | Filed by the company against Photoninfotechpvtltd | Disposed |
| District court, Chengalpattu, Tamil Nadu | Execution petition | Filed by the company against M/S. Photon Infotech Pvt Ltd | Disposed |
| District court, Chengalpattu, Tamil Nadu | Execution petition | Filed by the company against M/S. Photon Infotech Pvt Ltd | Disposed |
| District court, Kancheepuram, Tamil Nadu | Execution petition | Filed by the company against Photon Interactive Pvt. Ltd. | Disposed |
To see the full case history of Mathi Leathers 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 Mathi Leathers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mathi Leathers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACM2169H1ZP | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mathi Leathers Private Limited, buy the company report.
Recent activity
Mathi Leathers Private Limited has 7 board changes on record since 1989: 4 appointments and 3 cessations. The latest: Vadivelu Balasubramanyan ceased to be Additional Director on 22 Sep 2010.
AGM
Mathi Leathers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Mathi Leathers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
A charge registered on 20 Feb 2008 via Charge ID 10092803 with Union Bank Of India was fully satisfied on 31 Dec 2012.
Charges
A charge registered on 31 Mar 1999 via Charge ID 90307776 with Union Bnak Of India was fully satisfied on 31 Dec 2012.
Charges
A charge registered on 28 Dec 1998 via Charge ID 90308509 with Union Bnak Of India was fully satisfied on 31 Dec 2012.
Charges
A charge registered on 28 Dec 1998 via Charge ID 90307752 with Union Bank Of India was fully satisfied on 31 Dec 2012.
Charges
A charge with The Karur Vysya Bank Limited of Rs. 496.00 Lakh registered on 09 May 2012 with Charge ID 10391599 was modified on 19 May 2012.
Charges
A charge with The Karur Vysya Bank Limited amounted to Rs. 496.00 Lakh with Charge ID 10391599 was registered on 09 May 2012.
Ceased
Vadivelu Balasubramanyan ceased to be Additional Director.
Ceased
Vadivelu Muthupandian ceased to be Additional Director.
Ceased
Chellam Pillai Manoharan ceased to be Director.
Appointed
Vadivelu Balasubramanyan was appointed as Director.
10 earlier events are in the company report.
Frequently asked questions
Mathi Leathers is an active private limited company based in Chennai, Tamil Nadu, India. The company works in leather goods, within the manufacturing industry. It was incorporated on 06 July 1989 (37+ years old) and is registered under CIN U18209TN1989PTC017652.
Mathi Leathers has 4 current directors:
- Sellam Pillai Vadivelu - Managing Director
- Rajamani Vadivelu - Director
- Vadivelu Muthupandian - Director
- Vadivelu Balasubramanyan - Director
The latest financial statements of Mathi Leathers 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 Mathi Leathers is 33AAACM2169H1ZP, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Mathi Leathers is U18209TN1989PTC017652. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mathi Leathers has 10 court cases on record: 8 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Mathi Leathers was incorporated on 06 July 1989, making it 37+ years old. It is registered with the Registrar of Companies, Chennai.
Vadivelu Balasubramanyan ceased to be Additional Director on 22 Sep 2010. Vadivelu Muthupandian ceased to be Additional Director on 22 Sep 2010. Chellam Pillai Manoharan ceased to be Director on 28 Apr 2010. Mathi Leathers has 7 board changes on record in total.
Yes, Mathi Leathers is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0081184).
The registered office of Mathi Leathers is at No.18 Kumarappa Streetchenni – 03 Chenni – 03, Chennai, Tamil Nadu, India – 600003.