- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-30-0006816

About CDS Soles Private Limited
Data last updated:
CDS Soles Private Limited is a private limited company based in Vellore, Tamil Nadu, India, a subsidiary of Lucky Srl. It operates in the footwear manufacturing segment of the consumer goods sector. It was incorporated on 24 November 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U19201TN2005PTC058117. Its GSTIN is 33AACCC7325B1Z9 (Tamil Nadu).
The company has an authorised share capital of ₹54 Lakh and a paid-up capital of ₹54 Lakh. It is led by directors including Michele Centioni and Natherma Nasrullah Basha.
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 Trunk Road Girisamudaram Village Vaniyambadi, Vellore, Tamil Nadu, India – 635751.
As per the financials filed for FY 2024, the company reported a revenue of ₹27.29 Cr, a decline of 29% compared to the previous year. For the same year it recorded a net loss of ₹80.02 Lakh (net margin -2.9%) and EBITDA of ₹2.91 Cr (EBITDA margin 10.6%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 4% over five years.
The company has about 88 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: CDS Soles. Court records list 22 cases involving the company, including 15 filed by the company and 7 filed against it; 5 cases are pending.
CDS Soles Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-30-0006816). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cdssoles.com.
Company details
Recognitions & Rankings of CDS Soles
Contact details
CDS Soles Private Limited's registered office is in Vellore, Tamil Nadu. Its website is cdssoles.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressTrunk Road Girisamudaram Village Vaniyambadi, Vellore, Tamil Nadu, India – 635751
- IndustryConsumer Goods, Footwear Manufacturing
To see the full contact details of CDS Soles 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
Brands
CDS Soles operates one associated brand: CDS Soles. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of bottom soles and related services using imported and local materials. | cdssoles.com |
Business activity
The main business activity of CDS Soles 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 CDS Soles Private Limited, buy the company report.
Financials of CDS Soles Private Limited
FY 2024 filings availableCDS Soles Private Limited reported revenue of ₹27.29 Cr (down 29% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 29% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 50% 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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| EBITDA | ₹2.91 Cr | ||||
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| Net Profit (PAT) | -₹80.02 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 10.6% | ||||
| Net Profit Margin | -2.9% | ||||
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To see the full financial statements and ratios of CDS Soles Private Limited, buy the company report.
Board of directors of CDS Soles Private Limited
CDS Soles has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Michele Centioni | Director | 17 Sep 2019 | 7 Years 1 Months | Current |
| Natherma Nasrullah Basha | Director | 28 Sep 2023 | 3 Years 0 Months | Current |
| Sathiyamoorthy Subbiah | Director | 30 Sep 2015 | 11 Years 0 Months | Current |
Peer comparison
CDS Soles Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Sumanglam Impex Private Limited | ₹27.9 Cr (FY 2017) | 6.0% | New Delhi, Delhi, India | |||
| Designer Fabrics (India ) Private Limited | ₹27.84 Cr (FY 2018) | 5.0% | Mumbai, Maharashtra, India | |||
| Anaikar Shoe Factory Private Limited | ₹27.73 Cr (FY 2021) | Kulithigai Village, Tamil Nadu, India | ||||
| Track Shoes Private Limited | ₹27.46 Cr (FY 2025) | -31.0% | Chennai, Tamil Nadu, India | |||
| CDS Soles Private Limitedthis company | ₹27.29 Cr (FY 2024) | -₹80.02 Lakh | -2.9% | -29.0% | 88 | Vellore, Tamil Nadu, India |
| Transworld Shoes Private Limited | ₹27.22 Cr (FY 2025) | -8.0% | Agra, Uttar Pradesh, India |
To see the full peer comparison of CDS Soles Private Limited, buy the company report.
Auditor
CDS Soles Private Limited is audited by A.RAGHUNATHAN & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A.RAGHUNATHAN & CO LLP | FY 2023 | 033495 |
Shareholding
The shareholding of CDS Soles 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 CDS Soles Private Limited, buy the company report.
Legal cases
CDS Soles Private Limited has 22 court cases on record: 15 filed by CDS Soles, 7 filed against it. 5 cases are pending and 17 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 5 | 0 |
| District courts | 9 | 1 | 3 |
| NCLT | 1 | 0 | 1 |
| NCLAT | 1 | 1 | 1 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Tirupathur, Tamil Nadu | Court case (COS) | Filed by the company against M/S. Mohib Shoes Pvt Ltd | Pending |
| District court, Vellore, Tamil Nadu | Civil suit | Filed by the company against M/S. Calsea Footwear Private Limited Kaveripakkam | Pending |
| NCLT, Chennai | Insolvency matter | Filed by the company against GKK Exports Pvt Ltd | Pending |
| District court, Chennai, Tamil Nadu | Civil suit | Filed by the company against GKK Exports Pvt Ltd and 4 others | Disposed |
| District court, Ranipet, Tamil Nadu | Civil suit | Filed by the company against M/S. Calsea Footwear Private Limited Kaveripakkam | Disposed |
To see the full case history of CDS Soles 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 CDS Soles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
CDS Soles Private Limited has a workforce of 88 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
CDS Soles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCC7325B1Z9 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of CDS Soles Private Limited, buy the company report.
Recent activity
CDS Soles Private Limited has 16 board changes on record since 2007: 3 appointments and 13 cessations. The latest: Natherma Nasrullah Basha was appointed as Director on 28 Sep 2023.
7 earlier events are in the company report.
Frequently asked questions
CDS Soles is an active private limited company based in Vellore, Tamil Nadu, India. The company works in footwear manufacturing, within the consumer goods industry. It was incorporated on 24 November 2005 (21+ years old) and is registered under CIN U19201TN2005PTC058117.
CDS Soles has 3 current directors:
- Michele Centioni - Director
- Natherma Nasrullah Basha - Director
- Sathiyamoorthy Subbiah - Director
The latest financial statements of CDS Soles 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 CDS Soles is 33AACCC7325B1Z9, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of CDS Soles is U19201TN2005PTC058117. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
CDS Soles has 22 court cases on record: 15 filed by the company and 7 filed against it. 5 are pending. Most are in the high courts.
CDS Soles was incorporated on 24 November 2005, making it 21+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of CDS Soles by revenue are Sumanglam Impex Private Limited, Designer Fabrics (India ) Private Limited, Anaikar Shoe Factory Private Limited, Track Shoes Private Limited, Transworld Shoes Private Limited, all in the Consumer Products industry (Footwear Manufacturers), with the same principal business activity (textile, leather and other apparel products).
Natherma Nasrullah Basha was appointed as Director on 28 Sep 2023. Centioni Mario ceased to be Director on 17 Sep 2019. Michele Centioni was appointed as Director on 17 Sep 2019. CDS Soles has 16 board changes on record in total.
Yes, CDS Soles is registered as a small enterprise under Udyam registration (number: UDYAM-TN-30-0006816).
CDS Soles can be reached through the website cdssoles.com. Its registered office is in Vellore, Tamil Nadu, India.