MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-KL-08-0004424
Passage Footwear Solutions Private Limited
Passage Footwear Solutions Private Limited - consumer goods in Kozhikode, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹69.82 Lakh
▼ 54% YoY
Net loss · FY 2021
₹18.44 Lakh
Net margin -26.4%
EBITDA · FY 2021
-₹11.67 Lakh
EBITDA margin -16.7%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹49.75 Lakh
Issued & subscribed
Open charges
₹38.4 Lakh
Secured borrowings
Company age
13 yrs
Est. 2013
Directors on board
3
As per MCA filings
About Passage Footwear Solutions Private Limited
Data last updated:
Passage Footwear Solutions Private Limited is a private limited company based in Kozhikode, Kerala, India. It operates in the footwear retail and distribution segment of the consumer goods sector. It was incorporated on 23 July 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U19200KL2013PTC034595. Its GSTIN is 32AAHCP2869G1ZC (Kerala).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹49.75 Lakh. It is led by directors including Premkumar Rajendramenon and Vinod Kumar Kodiyat.
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 18/422 – A6 Near Jumamasjid Kodampuzha Farook College Po, Kozhikode, Kerala, India – 673632.
As per the financials filed for FY 2021, the company reported a revenue of ₹69.82 Lakh, a decline of 54% compared to the previous year. For the same year it recorded a net loss of ₹18.44 Lakh (net margin -26.4%) and EBITDA of -₹11.67 Lakh (EBITDA margin -16.7%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 16% over five years.
As per MCA filings, the company has open charges of ₹38.4 Lakh on record.
Passage Footwear Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-08-0004424). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U19200KL2013PTC034595
Registration Number 034595
Incorporation Date 23 July 2013
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KL-08-0004424
Recognitions & Rankings of Passage Footwear Solutions
Contact details
Passage Footwear Solutions Private Limited's registered office is in Kozhikode, Kerala. Its e-mail address is in the company report.
- Email
- Registered Address18/422 – A6 Near Jumamasjid Kodampuzha Farook College Po, Kozhikode, Kerala, India – 673632
- IndustryConsumer Goods, Footwear Retail & Distribution
To see the full contact details of Passage Footwear Solutions Private Limited, buy the company report.
Comprehensive company report
Passage Footwear Solutions 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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Business activity
The main business activity of Passage Footwear Solutions 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 Passage Footwear Solutions Private Limited, buy the company report.
Financials of Passage Footwear Solutions Private Limited
FY 2021 filings availablePassage Footwear Solutions Private Limited reported revenue of ₹69.82 Lakh (down 54% YoY) for FY 2021.
Revenue · FY 2021
₹69.82 Lakh ▼ 54%
Net loss · FY 2021
₹18.44 Lakh margin -26.4%
EBITDA · FY 2021
-₹11.67 Lakh margin -16.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 54%
3 years · compounded
▼ 29%
5 years · compounded
▼ 16%
EBITDA CAGR growth
1 year
▲ 5%
3 years · compounded
▼ 89%
5 years · compounded
▼ 39%
Revenue has declined at a compounded annual rate (CAGR) of 16% over five years, including a 54% fall in the latest year. EBITDA rose 5% 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 | |||||
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| Total Expenses | |||||
| EBITDA | -₹11.67 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹18.44 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -16.7% | ||||
| Net Profit Margin | -26.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| 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 Passage Footwear Solutions Private Limited, buy the company report.
Board of directors of Passage Footwear Solutions Private Limited
Passage Footwear Solutions has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Premkumar Rajendramenon | Director | 23 Jul 2013 | 13 Years 3 Months | Current |
| Vinod Kumar Kodiyat | Director | 23 Jul 2013 | 13 Years 3 Months | Current |
| Vinoj Elaveethil Also directs: Hoizer Foot Styles Private Limited | Director | 16 Feb 2017 | 9 Years 8 Months | Current |
Auditor
Passage Footwear Solutions Private Limited is audited by T H & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T H & CO | FY 2019 | 013746S |
Shareholding
The shareholding of Passage Footwear Solutions Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Passage Footwear Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹38.4 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jan 2017 | 100077603 | State Bank of India | ₹38.4 Lakh | Open |
To see the full charge records of Passage Footwear Solutions Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Passage Footwear Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Passage Footwear Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Passage Footwear Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAHCP2869G1ZC | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Passage Footwear Solutions Private Limited, buy the company report.
Recent activity
Passage Footwear Solutions Private Limited has 7 board changes on record since 2013: 3 appointments and 4 cessations. The latest: Abdulsamad ceased to be Director on 12 May 2018.
AGM
Passage Footwear Solutions Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Passage Footwear Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Ernakulam.
Charges
A charge with State Bank Of India of Rs. 38.40 Lakh registered on 27 Jan 2017 with Charge ID 100077603 was modified on 20 Jul 2020.
Ceased
Abdulsamad ceased to be Director.
Ceased
Arun Kumar Sharma ceased to be Director.
Ceased
Karunakaran Mundakkal ceased to be Director.
Appointed
Vinoj Elaveethil was appointed as Director.
Charges
A charge with State Bank Of India amounted to Rs. 38.40 Lakh with Charge ID 100077603 was registered on 27 Jan 2017.
Ceased
Roopesh ceased to be Director.
Appointed
Premkumar Rajendramenon was appointed as Director.
Appointed
Vinod Kumar Kodiyat was appointed as Director.
Incorporation
23 Jul 2013
Passage Footwear Solutions Private Limited was registered on 23 Jul 2013 with Roc Ernakulam & aged 13 years 3 months as per MCA records.
Frequently asked questions
Passage Footwear Solutions is an active private limited company based in Kozhikode, Kerala, India. The company works in footwear retail and distribution, within the consumer goods industry. It was incorporated on 23 July 2013 (13+ years old) and is registered under CIN U19200KL2013PTC034595.
Passage Footwear Solutions has 3 current directors:
- Premkumar Rajendramenon - Director
- Vinod Kumar Kodiyat - Director
- Vinoj Elaveethil - Director
The latest financial statements of Passage Footwear Solutions 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 Passage Footwear Solutions is 32AAHCP2869G1ZC, registered in Kerala.
The CIN (Corporate Identification Number) of Passage Footwear Solutions is U19200KL2013PTC034595. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Passage Footwear Solutions was incorporated on 23 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ernakulam.
Abdulsamad ceased to be Director on 12 May 2018. Arun Kumar Sharma ceased to be Director on 16 Feb 2017. Karunakaran Mundakkal ceased to be Director on 16 Feb 2017. Passage Footwear Solutions has 7 board changes on record in total.
Yes, Passage Footwear Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KL-08-0004424).
The registered office of Passage Footwear Solutions is at 18422 – A6 Near Jumamasjid Kodampuzha Farook College Po, Kozhikode, Kerala, India – 673632.
Passage Footwear Solutions operates in the consumer goods industry, in the footwear retail and distribution segment.
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