Vasu Leathers Pvt Ltd

Vasu Leathers Pvt Ltd - consumer goods in Jalandhar, Punjab, India. FY 2026 financials & compliance.
CIN U19120PB2006PTC030368 Incorporated 20 June 2006 ROC Chandigarh HQ Jalandhar, Punjab, India
Active Private Limited Company consumer goods MSME · Micro
Data last updated
Revenue · FY 2025
₹1.3 Cr
▲ 7% YoY
Net profit · FY 2025
₹1.34 Lakh
Net margin 1%
EBITDA · FY 2025
₹3.54 Lakh
EBITDA margin 2.7%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹1.6 Cr
Secured borrowings
Company age
20 yrs
Est. 2006
Employees · EPFO
6
Provident fund records

About Vasu Leathers Pvt Ltd

Data last updated:

Vasu Leathers Pvt Ltd is a private limited company based in Jalandhar, Punjab, India. It operates in the leather goods manufacturing segment of the consumer goods sector. It was incorporated on 20 June 2006 and has been in existence for over 20 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U19120PB2006PTC030368. Its GSTIN is 03AACCV4568K1Z3 (Punjab).

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Jyoti Parkash and Hira Lal Verma.

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 Plot No. 1 – A & 2 – A, Leather Complex Jalandhar, Punjab, India – 144001.

As per the financials filed for FY 2025, the company reported a revenue of ₹1.3 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹1.34 Lakh (net margin 1%) and EBITDA of ₹3.54 Lakh (EBITDA margin 2.7%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 7% over five years.

The company has about 6 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹1.6 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.

Vasu Leathers Pvt Ltd is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-10-0008751). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U19120PB2006PTC030368
Registration Number 030368
Incorporation Date 20 June 2006
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-PB-10-0008751
Key People
Jyoti Parkash Director Hira Lal Verma Director Bal Krishan Director

Recognitions & Rankings of Vasu Leathers

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-PB-10-0008751

Contact details

Vasu Leathers Pvt Ltd's registered office is in Jalandhar, Punjab. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Plot No. 1 – A & 2 – A, Leather Complex Jalandhar, Punjab, India – 144001
  • Industry
    Consumer Goods, Leather Goods Manufacturing

To see the full contact details of Vasu Leathers Pvt Ltd, buy the company report.

Comprehensive company report
Vasu Leathers Pvt Ltd - 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 Vasu Leathers 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 Vasu Leathers Pvt Ltd, buy the company report.

Financials of Vasu Leathers Pvt Ltd

FY 2025 filings available

Vasu Leathers Pvt Ltd reported revenue of ₹1.3 Cr (up 7% YoY) for FY 2025.

Revenue · FY 2025
₹1.3 Cr ▲ 7%
Net profit · FY 2025
₹1.34 Lakh margin 1%
EBITDA · FY 2025
₹3.54 Lakh margin 2.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 2%
5 years · compounded
▼ 7%
EBITDA CAGR growth
1 year
▼ 18%
3 years · compounded
▼ 29%
5 years · compounded
▼ 26%

Revenue rose 7% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA fell 18% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹3.54 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.34 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin2.7%
Net Profit Margin1%
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 Vasu Leathers Pvt Ltd, buy the company report.

Board of directors of Vasu Leathers Pvt Ltd

Vasu Leathers has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Jyoti ParkashDirector20 Jun 200620 Years 4 MonthsCurrent
Hira Lal VermaDirector20 Jun 200620 Years 4 MonthsCurrent
Bal KrishanDirector20 Jun 200620 Years 4 MonthsCurrent
View all directors

Peer comparison

Vasu Leathers Pvt Ltd is compared with the 6 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
Das Style Private Limited₹1.39 Cr (FY 2024)-74.0%Kolkata, West Bengal, India
Egi Leather Exports Limited₹1.35 Cr (FY 2024)1186.0%Kolkata, West Bengal, India
Sheep Skin Leather Private Limited₹1.31 Cr (FY 2025)-36.0%New Delhi, Delhi, India
Vasu Leathers Pvt Ltdthis company₹1.3 Cr (FY 2025)₹1.34 Lakh1%7.0%6Jalandhar, Punjab, India
Sarvesh Exports Private Limited₹1.29 Cr (FY 2024)18.0%New Delhi, Delhi, India
Hansa Leder Private Limited₹1.26 Cr (FY 2024)14.0%Hyderabad, Telangana, India
Passi Leather Products Private Limited₹1.25 Cr (FY 2025)0.0%New Delhi, Delhi, India

To see the full peer comparison of Vasu Leathers Pvt Ltd, buy the company report.

Auditor

Vasu Leathers Pvt Ltd is audited by SURINDER MAHAJAN & ASSOCIATES for the financial year 2017.

Auditor firmFinancial yearFirm registration number
SURINDER MAHAJAN & ASSOCIATESFY 2017009973N

Shareholding

The shareholding of Vasu Leathers Pvt Ltd is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Vasu Leathers Pvt Ltd, buy the company report.

Charges & borrowings

Open charges
₹1.6 Cr
Satisfied charges
None
Breakdown by lending institutions
Bank of India₹1.60 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Sep 200610024762Bank of India₹20 LakhOpen
29 Sep 200610024763Bank of India₹70 LakhOpen
29 Sep 200610024764Bank of India₹20 LakhOpen
29 Sep 200610024765Bank of India₹50 LakhOpen

Total charge records: 4 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Vasu Leathers Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Vasu Leathers Pvt Ltd has a workforce of 6 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.

Employee count
6
Active EPFO establishments
1

GST

Vasu Leathers has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
03AACCV4568K1Z3PunjabActive01 Jul 2017

To see the full GST registrations and return filing status of Vasu Leathers Pvt Ltd, buy the company report.

Recent activity

Vasu Leathers Pvt Ltd has 5 board changes on record since 2006: 4 appointments and 1 cessation. The latest: Joginder Singh Pal ceased to be Managing Director on 07 Dec 2022.

AGM
Vasu Leathers Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Vasu Leathers Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Ceased
Joginder Singh Pal ceased to be Managing Director.
Charges
A charge with Bank Of India amounted to Rs. 20.00 Lakh with Charge ID 10024762 was registered on 29 Sep 2006.
Charges
A charge with Bank Of India amounted to Rs. 70.00 Lakh with Charge ID 10024763 was registered on 29 Sep 2006.
Charges
A charge with Bank Of India amounted to Rs. 20.00 Lakh with Charge ID 10024764 was registered on 29 Sep 2006.
Charges
A charge with Bank Of India amounted to Rs. 50.00 Lakh with Charge ID 10024765 was registered on 29 Sep 2006.
Appointed
Bal Krishan was appointed as Director.
Appointed
Hira Lal Verma was appointed as Director.
Appointed
Joginder Singh Pal was appointed as Managing Director.
Appointed
Jyoti Parkash was appointed as Director.
Incorporation
20 Jun 2006
Vasu Leathers Pvt Ltd was registered on 20 Jun 2006 with Roc Chandigarh & aged 20 years 4 months as per MCA records.

Frequently asked questions

Vasu Leathers is an active private limited company based in Jalandhar, Punjab, India. The company works in leather goods manufacturing, within the consumer goods industry. It was incorporated on 20 June 2006 (20+ years old) and is registered under CIN U19120PB2006PTC030368.

Vasu Leathers has 3 current directors:

The latest financial statements of Vasu Leathers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Vasu Leathers is 03AACCV4568K1Z3, registered in Punjab.

The CIN (Corporate Identification Number) of Vasu Leathers is U19120PB2006PTC030368. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Vasu Leathers has 1 court case on record: 1 filed by the company.

Vasu Leathers was incorporated on 20 June 2006, making it 20+ years old. It is registered with the Registrar of Companies, Chandigarh.

The peers of Vasu Leathers by revenue are Das Style Private Limited, Egi Leather Exports Limited, Sheep Skin Leather Private Limited, Sarvesh Exports Private Limited, Hansa Leder Private Limited and 1 more, all in the Consumer Products industry (Leather Goods Manufacturers), with the same principal business activity (textile, leather and other apparel products).

Joginder Singh Pal ceased to be Managing Director on 07 Dec 2022. Bal Krishan was appointed as Director on 20 Jun 2006. Hira Lal Verma was appointed as Director on 20 Jun 2006. Vasu Leathers has 5 board changes on record in total.

Yes, Vasu Leathers is registered as a micro enterprise under Udyam registration (number: UDYAM-PB-10-0008751).

The registered office of Vasu Leathers is at Plot No. 1 – A & 2 – A, Leather Complex Jalandhar, Punjab, India – 144001.