Paradigm Leather Accessories Private Limited

Paradigm Leather Accessories Private Limited - consumer goods in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U19201DL2004PTC127218 Incorporated 28 June 2004 ROC Delhi HQ New Delhi, Delhi, India
Active Private Limited Company consumer goods MSME · Micro
Data last updated
Revenue · FY 2023
₹2.13 Cr
▼ 34% YoY
Net loss · FY 2023
₹48.77 Lakh
Net margin -22.9%
EBITDA · FY 2023
₹22.54 Lakh
EBITDA margin 10.6%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹55.3 Lakh
Issued & subscribed
Open charges
₹9.38 Cr
Secured borrowings
Company age
22 yrs
Est. 2004
Employees · EPFO
39
Provident fund records

About Paradigm Leather Accessories Private Limited

Data last updated:

Paradigm Leather Accessories Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the leather goods manufacturing segment of the consumer goods sector. It was incorporated on 28 June 2004 and has been in existence for over 22 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U19201DL2004PTC127218. Its GSTIN is 07AAECP1086C1ZP (Delhi). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹55.3 Lakh. It is led by directors including Sunita Moti and Akio Moti.

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 C – 5/51 Grand Vasant Kunj, New Delhi, Delhi, India – 110070.

As per the financials filed for FY 2023, the company reported a revenue of ₹2.13 Cr, a decline of 34% compared to the previous year. For the same year it recorded a net loss of ₹48.77 Lakh (net margin -22.9%) and EBITDA of ₹22.54 Lakh (EBITDA margin 10.6%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years and 31% over five years.

The company has about 39 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹9.38 Cr on record. Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it; 1 case is pending.

Paradigm Leather Accessories Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-05-0008295). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website paradigmwaistwear.in.

Company details

CIN U19201DL2004PTC127218
Registration Number 127218
Incorporation Date 28 June 2004
ROC Delhi
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-HR-05-0008295

Recognitions & Rankings of Paradigm Leather Accessories

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-HR-05-0008295

Contact details

Paradigm Leather Accessories Private Limited's registered office is in New Delhi, Delhi. Its website is paradigmwaistwear.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    C – 5/51 Grand Vasant Kunj, New Delhi, Delhi, India – 110070
  • Industry
    Consumer Goods, Leather Goods Manufacturing

To see the full contact details of Paradigm Leather Accessories Private Limited, buy the company report.

Comprehensive company report
Paradigm Leather Accessories 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
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Secure checkout · GST invoice included

Financials of Paradigm Leather Accessories Private Limited

FY 2024 filings available

Paradigm Leather Accessories Private Limited reported revenue of ₹2.13 Cr (down 34% YoY) for FY 2023.

Revenue · FY 2023
₹2.13 Cr ▼ 34%
Net loss · FY 2023
₹48.77 Lakh margin -22.9%
EBITDA · FY 2023
₹22.54 Lakh margin 10.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 34%
3 years · compounded
▼ 17%
5 years · compounded
▼ 31%
EBITDA CAGR growth
1 year
▼ 70%
3 years · compounded
▼ 41%
5 years · compounded
▼ 28%

Revenue has declined at a compounded annual rate (CAGR) of 31% over five years, including a 34% fall in the latest year. EBITDA fell 70% 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 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹2.13 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹22.54 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹48.77 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 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin10.6%
Net Profit Margin-22.9%
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 Paradigm Leather Accessories Private Limited, buy the company report.

Board of directors of Paradigm Leather Accessories Private Limited

Paradigm Leather Accessories has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Sunita MotiDirector11 Jan 200521 Years 9 MonthsCurrent
Akio MotiDirector01 Mar 201412 Years 7 MonthsCurrent
Anil Kumar MotiDirector15 May 20233 Years 5 MonthsCurrent

Auditor

Paradigm Leather Accessories Private Limited is audited by AVINASH ALOK & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
AVINASH ALOK & ASSOCIATESFY 2023024576N

Shareholding

The shareholding of Paradigm Leather Accessories 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Paradigm Leather Accessories Private Limited, buy the company report.

Charges & borrowings

Open charges
₹9.38 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹7.30 Cr
The Federal Bank Limited₹1.45 Cr
Federal Bank Ltd₹0.50 Cr
Hdfc Bank Limited₹0.13 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Sep 2023100821711Hdfc Bank Limited₹13.41 LakhOpen
21 Oct 201010249643Others₹5.2 CrOpen
20 Oct 201010249644Federal Bank Ltd₹50 LakhOpen
03 Nov 200480000402Others₹2.1 CrOpen
03 Nov 200480000403The Federal Bank Limited₹1.45 CrOpen

To see the full charge records of Paradigm Leather Accessories Private Limited, buy the company report.

Total charge records: 5 View all charges

MSME payment delays

Paradigm Leather Accessories Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 6 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (1 of 1)

SupplierAmount dueDue sinceReported on
an individual supplier

To see the full MSME payment records of Paradigm Leather Accessories Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Paradigm Leather Accessories Private Limited has a workforce of 39 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.

Employee count
39
Active EPFO establishments
1
Employee growth
34.48%

GST

Paradigm Leather Accessories has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
07AAECP1086C1ZPDelhiActive01 Jul 2017
06AAECP1086C1ZRHaryanaActive01 Jul 2017

To see the full GST registrations and return filing status of Paradigm Leather Accessories Private Limited, buy the company report.

Recent activity

Paradigm Leather Accessories Private Limited has 3 board changes on record since 2005: 3 appointments. The latest: Anil Kumar Moti was appointed as Director on 15 May 2023.

AGM
Paradigm Leather Accessories Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Paradigm Leather Accessories Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.13 Cr with Charge ID 100821711 was registered on 28 Sep 2023.
Appointed
Anil Kumar Moti was appointed as Director.
Charges
A charge with Others of Rs. 2.10 Cr registered on 03 Nov 2004 with Charge ID 80000402 was modified on 31 Mar 2021.
Charges
A charge with Others of Rs. 5.20 Cr registered on 21 Oct 2010 with Charge ID 10249643 was modified on 13 Oct 2017.
Charges
A charge with The Federal Bank Limited of Rs. 1.45 Cr registered on 03 Nov 2004 with Charge ID 80000403 was modified on 22 Jul 2014.
Appointed
Akio Moti was appointed as Director.
Charges
A charge with Others amounted to Rs. 5.20 Cr with Charge ID 10249643 was registered on 21 Oct 2010.
Charges
A charge with Federal Bank Ltd amounted to Rs. 0.50 Cr with Charge ID 10249644 was registered on 20 Oct 2010.
Appointed
Sunita Moti was appointed as Director.
Charges
A charge with The Federal Bank Limited amounted to Rs. 1.45 Cr with Charge ID 80000403 was registered on 03 Nov 2004.

2 earlier events are in the company report.

Frequently asked questions

Paradigm Leather Accessories is an active private limited company based in New Delhi, Delhi, India. The company works in leather goods manufacturing, within the consumer goods industry. It was incorporated on 28 June 2004 (22+ years old) and is registered under CIN U19201DL2004PTC127218.

Paradigm Leather Accessories has 3 current directors:

The latest financial statements of Paradigm Leather Accessories 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 Paradigm Leather Accessories is 07AAECP1086C1ZP, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06AAECP1086C1ZR (Haryana).

The CIN (Corporate Identification Number) of Paradigm Leather Accessories is U19201DL2004PTC127218. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Paradigm Leather Accessories has 6 court cases on record: 5 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.

Paradigm Leather Accessories was incorporated on 28 June 2004, making it 22+ years old. It is registered with the Registrar of Companies, Delhi.

Anil Kumar Moti was appointed as Director on 15 May 2023. Akio Moti was appointed as Director on 01 Mar 2014. Sunita Moti was appointed as Director on 11 Jan 2005.

Yes, Paradigm Leather Accessories is registered as a micro enterprise under Udyam registration (number: UDYAM-HR-05-0008295).

Paradigm Leather Accessories has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 6 overdue payments to 1 micro and small supplier. The latest return was filed on 08 Jun 2019.

Paradigm Leather Accessories can be reached through the website paradigmwaistwear.in. Its registered office is in New Delhi, Delhi, India.