Source Asia Worldwide Private Limited

Source Asia Worldwide Private Limited - appreal & fashion in Delhi, India. FY 2026 financials & compliance.
CIN U52590DL2013PTC249806 Incorporated 25 March 2013 ROC Delhi HQ Delhi, India
Active Private Limited Company appreal and fashion MSME · Micro
Data last updated
Revenue · FY 2022
₹12.9 Lakh
▼ 48% YoY
Net profit · FY 2022
₹10,826
Net margin 0.8%
EBITDA · FY 2022
₹1.07 Lakh
EBITDA margin 8.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹8.99 Lakh
Secured borrowings
Company age
13 yrs
Est. 2013
Directors on board
2
As per MCA filings

About Source Asia Worldwide Private Limited

Data last updated:

Source Asia Worldwide Private Limited is a private limited company based in Delhi, India. It operates in the leather segment of the apparel and fashion sector. It was incorporated on 25 March 2013 and has been in existence for over 13 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U52590DL2013PTC249806. Its GSTIN is 07AASCS8589H1ZC (Delhi).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rafiq Ahmad Wani and Junaid Abaas Mirza.

Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at H. No.B – 72/A – 31 32 Leather Complex Block – B Wazirpur Industrial Area, Delhi, India – 110052.

As per the financials filed for FY 2022, the company reported a revenue of ₹12.9 Lakh, a decline of 48% compared to the previous year. For the same year it recorded a net profit of ₹10,826 (net margin 0.8%) and EBITDA of ₹1.07 Lakh (EBITDA margin 8.3%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years.

As per MCA filings, the company has open charges of ₹8.99 Lakh on record. Court records list 2 cases involving the company, including 2 filed by the company.

Source Asia Worldwide Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-03-0019752). The current compliance status is marked as active non-compliant by the Registrar of Companies.

Company details

CIN U52590DL2013PTC249806
Registration Number 249806
Incorporation Date 25 March 2013
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Non-Compliant
MSME Classification Micro
Udyam Registration UDYAM-DL-03-0019752

Recognitions & Rankings of Source Asia Worldwide

MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-DL-03-0019752

Contact details

Source Asia Worldwide Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    H. No.B – 72/A – 31 32 Leather Complex Block – B Wazirpur Industrial Area, Delhi, India – 110052
  • Industry
    Appreal & Fashion, Leather, Textile, Apparel

To see the full contact details of Source Asia Worldwide Private Limited, buy the company report.

Comprehensive company report
Source Asia Worldwide 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 Source Asia Worldwide 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 Source Asia Worldwide Private Limited, buy the company report.

Financials of Source Asia Worldwide Private Limited

FY 2022 filings available

Source Asia Worldwide Private Limited reported revenue of ₹12.9 Lakh (down 48% YoY) for FY 2022.

Revenue · FY 2022
₹12.9 Lakh ▼ 48%
Net profit · FY 2022
₹10,826 margin 0.8%
EBITDA · FY 2022
₹1.07 Lakh margin 8.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 48%
3 years · compounded
▼ 36%
EBITDA CAGR growth
1 year
▼ 4%
3 years · compounded
▼ 6%
5 years · compounded
▲ 3%

Revenue has declined at a compounded annual rate (CAGR) of 36% over three years, including a 48% fall in the latest year. EBITDA fell 4% 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 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
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₹1.07 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹10,826
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 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin8.3%
Net Profit Margin0.8%
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 Source Asia Worldwide Private Limited, buy the company report.

Board of directors of Source Asia Worldwide Private Limited

Source Asia Worldwide has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Rafiq Ahmad WaniDirector25 Mar 201313 Years 7 MonthsCurrent
Junaid Abaas MirzaDirector25 Mar 201313 Years 7 MonthsCurrent

Peer comparison

Source Asia Worldwide Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Aabhinandan Processors Private Limited₹13.02 Lakh (FY 2024)Ludhiana, Punjab, India
Mahsal Jafai Private Limited₹12.99 Lakh (FY 2024)94.0%Kolkata, West Bengal, India
Lupes Impex Private Limited₹12.97 Lakh (FY 2024)222073.0%Tirupur, Tamil Nadu, India
Uet Exports Private Limited₹12.94 Lakh (FY 2021)73.0%Bhubaneswar, Odisha, India
Apparel Marketing and Merchandising Private Limited₹12.91 Lakh (FY 2025)0.0%Hyderabad, Telangana, India
Source Asia Worldwide Private Limitedthis company₹12.9 Lakh (FY 2022)₹10,8260.8%-48.0%Delhi, India
Tulsi Nets Fabrics Private Limited₹12.89 Lakh (FY 2025)1.0%Ahmedabad, Gujarat, India
Zareef International Artists Private Limited₹12.89 Lakh (FY 2017)-27.0%Delhi, India
Sawant Techno Equipment Private Limited₹12.87 Lakh (FY 2024)-25.0%Mumbai, Maharashtra, India
Ajeena Designers Limited₹12.82 Lakh (FY 2020)Village Varsamedi, Gujarat, India
Om Agrotex Private Limited₹12.8 Lakh (FY 2024)60.0%Panipat, Haryana, India

To see the full peer comparison of Source Asia Worldwide Private Limited, buy the company report.

Auditor

Source Asia Worldwide Private Limited is audited by ANK AND ASSOCIATES for the financial year 2016.

Auditor firmFinancial yearFirm registration number
ANK AND ASSOCIATESFY 2016003652N

Shareholding

The shareholding of Source Asia Worldwide Private Limited is on record for FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

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

To see the full shareholding pattern of Source Asia Worldwide Private Limited, buy the company report.

Charges & borrowings

Open charges
₹8.99 Lakh
Satisfied charges
None
Breakdown by lending institutions
The Jammu and Kashmir Bank Limited₹0.09 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
31 Jul 2020100433506The Jammu and Kashmir Bank Limited₹1.49 LakhOpen
27 Jul 201510591106The Jammu and Kashmir Bank Limited₹7.5 LakhOpen

To see the full charge records of Source Asia Worldwide Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Source Asia Worldwide Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Source Asia Worldwide has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
07AASCS8589H1ZCDelhiActive01 Jul 2017

To see the full GST registrations and return filing status of Source Asia Worldwide Private Limited, buy the company report.

Recent activity

Source Asia Worldwide Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Junaid Abaas Mirza was appointed as Director on 25 Mar 2013.

AGM
Source Asia Worldwide Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Source Asia Worldwide Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Delhi Ii.
Charges
A charge with The Jammu And Kashmir Bank Limited amounted to Rs. 1.49 Lakh with Charge ID 100433506 was registered on 31 Jul 2020.
Charges
A charge with The Jammu And Kashmir Bank Limited of Rs. 7.50 Lakh registered on 27 Jul 2015 with Charge ID 10591106 was modified on 15 Dec 2015.
Charges
A charge with The Jammu And Kashmir Bank Limited amounted to Rs. 7.50 Lakh with Charge ID 10591106 was registered on 27 Jul 2015.
Appointed
Junaid Abaas Mirza was appointed as Director.
Appointed
Rafiq Ahmad Wani was appointed as Director.
Incorporation
25 Mar 2013
Source Asia Worldwide Private Limited was registered on 25 Mar 2013 with Roc Delhi Ii & aged 13 years 7 months as per MCA records.

Frequently asked questions

Source Asia Worldwide is an active private limited company based in Delhi, India. The company works in leather, within the apparel and fashion industry. It was incorporated on 25 March 2013 (13+ years old) and is registered under CIN U52590DL2013PTC249806.

Source Asia Worldwide has 2 current directors:

The latest financial statements of Source Asia Worldwide on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.

The GSTIN of Source Asia Worldwide is 07AASCS8589H1ZC, registered in Delhi.

The CIN (Corporate Identification Number) of Source Asia Worldwide is U52590DL2013PTC249806. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Source Asia Worldwide has 2 court cases on record: 2 filed by the company.

Source Asia Worldwide was incorporated on 25 March 2013, making it 13+ years old. It is registered with the Registrar of Companies, Delhi.

The peers of Source Asia Worldwide by revenue are Aabhinandan Processors Private Limited, Mahsal Jafai Private Limited, Lupes Impex Private Limited, Uet Exports Private Limited, Apparel Marketing and Merchandising Private Limited and 5 more, all in the same principal business activity (textile, leather and other apparel products).

Junaid Abaas Mirza was appointed as Director on 25 Mar 2013. Rafiq Ahmad Wani was appointed as Director on 25 Mar 2013.

Yes, Source Asia Worldwide is registered as a micro enterprise under Udyam registration (number: UDYAM-DL-03-0019752).

The registered office of Source Asia Worldwide is at H. No.B – 72A – 31 32 Leather Complex Block – B Wazirpur Industrial Area, Delhi, India – 110052.