Rashi Leather Private Limited
About Rashi Leather Private Limited
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Rashi Leather Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the footwear manufacturing segment of the consumer goods sector. It was incorporated on 03 September 1974 and has been in existence for over 52 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U19129TN1974PTC006701. Its GSTIN is 33AAACR1689R1ZS (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Kothwal Madina Begum and Kothwal Mohamed Saleem.
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 12 Kumarappa Stperiament Chennai 600 003, Tamil Nadu, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.42 Cr. For the same year it recorded a net profit of ₹5.02 Cr (net margin 78.3%) and EBITDA of ₹6.17 Cr (EBITDA margin 96.2%). Revenue has grown at a compounded annual rate (CAGR) of 228% over five years.
As per MCA filings, the company has open charges of ₹1.6 Lakh and satisfied charges of ₹17.36 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Rashi Leather 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 Address12 Kumarappa Stperiament Chennai 600 003, Tamil Nadu, India
- IndustryConsumer Goods, Footwear Manufacturing
To see the full contact details of Rashi Leather 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
Business activity
The main business activity of Rashi Leather 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 |
Financials of Rashi Leather Private Limited
FY 2024 filings availableRashi Leather Private Limited reported revenue of ₹6.42 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 228% over five years. 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹6.17 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹5.02 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 96.2% | ||||
| Net Profit Margin | 78.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Rashi Leather Private Limited, buy the company report.
Board of directors of Rashi Leather Private Limited
Rashi Leather has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kothwal Madina Begum | Director | 30 May 2003 | 23 Years 5 Months | Current |
| Kothwal Mohamed Saleem | Director | 16 Feb 2003 | 23 Years 8 Months | Current |
| Kothwal Mohamed Qaiser Also directs: Salco Spaces Private Limited | Director | 07 Dec 2017 | 8 Years 11 Months | Current |
Peer comparison
Rashi Leather Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Footwear Manufacturers, Leather), 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 |
|---|---|---|---|---|---|---|
| Felix Impex Private Limited | ₹6.49 Cr (FY 2024) | -53.0% | Delhi, India | |||
| Rashi Leather Private Limitedthis company | ₹6.42 Cr (FY 2025) | ₹5.02 Cr | 78.3% | Chennai, Tamil Nadu, India | ||
| Angel Leathers Private Limited | ₹6.36 Cr (FY 2025) | 10.0% | Jalandhar, Punjab, India | |||
| Qrix Activewear Private Limited | ₹6.35 Cr (FY 2025) | 11.0% | New Delhi, Delhi, India | |||
| Amani Leather Crafts Private Limited | ₹6.31 Cr (FY 2025) | -5.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Rashi Leather Private Limited, buy the company report.
Auditor
Rashi Leather Private Limited is audited by S.SANKARAN AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.SANKARAN AND ASSOCIATES | FY 2023 | 006972S |
Shareholding
The shareholding of Rashi Leather 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 Rashi Leather Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Dec 1980 | 90305582 | Indian Overseas Bank | ₹1.6 Lakh | Open | |
| 03 Jan 2011 | 10259649 | State Bank of India | ₹16.8 Cr | Satisfied | |
| 10 Feb 1981 | 90305583 | Indian Overseas Bank | ₹1 Lakh | Satisfied | |
| 20 Aug 1979 | 90303408 | Indian Overseas Bank | ₹15 Lakh | Satisfied | |
| 13 Feb 1978 | 90303403 | The Punjab & Sind Bank Ltd. | ₹40 Lakh | Satisfied |
To see the full charge records of Rashi Leather Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Rashi Leather Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| Supreme Court | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (9999-Other) | Filed against the company by Chief Contr.Of Imports &Exports | Disposed |
To see the full case history of Rashi Leather 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 Rashi Leather Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rashi Leather has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACR1689R1ZS | Tamil Nadu | Active | 03 Jan 2021 |
To see the full GST registrations and return filing status of Rashi Leather Private Limited, buy the company report.
Recent activity
Rashi Leather Private Limited has 4 board changes on record since 2003: 3 appointments and 1 cessation. The latest: Kothwal Mohamed Qaiser ceased to be Additional Director on 29 Sep 2018.
4 earlier events are in the company report.
Frequently asked questions
Rashi Leather is an active private limited company based in Chennai, Tamil Nadu, India. The company works in footwear manufacturing, within the consumer goods industry. It was incorporated on 03 September 1974 (52+ years old) and is registered under CIN U19129TN1974PTC006701.
Rashi Leather has 3 current directors:
- Kothwal Madina Begum - Director
- Kothwal Mohamed Saleem - Director
- Kothwal Mohamed Qaiser - Director
The latest financial statements of Rashi Leather 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 Rashi Leather is 33AAACR1689R1ZS, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Rashi Leather is U19129TN1974PTC006701. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rashi Leather has 1 court case on record: 1 filed against it.
Rashi Leather was incorporated on 03 September 1974, making it 52+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Rashi Leather by revenue are Felix Impex Private Limited, Angel Leathers Private Limited, Qrix Activewear Private Limited, Amani Leather Crafts Private Limited, all in the Consumer Products industry (Footwear Manufacturers, Leather), with the same principal business activity (textile, leather and other apparel products).
Kothwal Mohamed Qaiser ceased to be Additional Director on 29 Sep 2018. Kothwal Mohamed Qaiser was appointed as Director on 07 Dec 2017. Kothwal Madina Begum was appointed as Director on 30 May 2003. Rashi Leather has 4 board changes on record in total.
The registered office of Rashi Leather is at 12 Kumarappa Stperiament Chennai 600 003, Tamil Nadu, India.
Rashi Leather operates in the consumer goods industry, in the footwear manufacturing segment.
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