- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-05-0004577

About Stitchmatic Shoecrafts Private Limited
Data last updated:
Stitchmatic Shoecrafts Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the footwear manufacturing segment of the consumer goods sector. It was incorporated on 24 April 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U19202DL2018PTC333036. Its GSTIN is 06ABACS2226A1Z2 (Haryana).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹75 Lakh. It is led by directors Mayank Gulati and Sunil Gulati.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Khasra No. 902/290 Near Pole No. 48 Lane No.4 Village Shalamar, New Delhi, Delhi, India – 110088.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.98 Cr, a decline of 68% compared to the previous year. For the same year it recorded a net loss of ₹5.45 Lakh (net margin -2.7%) and EBITDA of ₹22.02 Lakh (EBITDA margin 11.1%). Revenue has declined at a compounded annual rate (CAGR) of 41% over three years and 15% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.5 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 2 cases are pending.
Stitchmatic Shoecrafts Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-05-0004577). For more details, the company can be reached via its website stitchmatic.business.site.
Company details
Recognitions & Rankings of Stitchmatic Shoecrafts
Contact details
Stitchmatic Shoecrafts Private Limited's registered office is in New Delhi, Delhi. Its website is stitchmatic.business.site. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressKhasra No. 902/290 Near Pole No. 48 Lane No.4 Village Shalamar, New Delhi, Delhi, India – 110088
- IndustryConsumer Goods, Footwear Manufacturing
To see the full contact details of Stitchmatic Shoecrafts 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 Stitchmatic Shoecrafts 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 Stitchmatic Shoecrafts Private Limited, buy the company report.
Financials of Stitchmatic Shoecrafts Private Limited
FY 2025 filings availableStitchmatic Shoecrafts Private Limited reported revenue of ₹1.98 Cr (down 68% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 15% over five years, including a 68% fall in the latest year. EBITDA fell 37% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹22.02 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.45 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.1% | ||||
| Net Profit Margin | -2.7% | ||||
| 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 Stitchmatic Shoecrafts Private Limited, buy the company report.
Board of directors of Stitchmatic Shoecrafts Private Limited
Stitchmatic Shoecrafts has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mayank Gulati | Director | 24 Apr 2018 | 8 Years 6 Months | Current |
| Sunil Gulati Also directs: Mash Enterprises Private Limited | Additional Director | 29 Mar 2024 | 2 Years 7 Months | Current |
Peer comparison
Stitchmatic Shoecrafts 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 |
|---|---|---|---|---|---|---|
| Milano Impex Private Limited | ₹2 Cr (FY 2023) | 34.0% | New Delhi, Delhi, India | |||
| Norbel Footcare Private Limited | ₹1.99 Cr (FY 2025) | 38.0% | Delhi, India | |||
| Stitchmatic Shoecrafts Private Limitedthis company | ₹1.98 Cr (FY 2025) | -₹5.45 Lakh | -2.7% | -68.0% | 2 | New Delhi, Delhi, India |
| Don-Diego Leathers India Private Limited | ₹1.94 Cr (FY 2025) | -55.0% | Chennai, Tamil Nadu, India | |||
| Shivsai Solexpor Private Limited | ₹1.91 Cr (FY 2025) | -4.0% | Agra, Uttar Pradesh, India | |||
| Flamingo Footwear Finishes India Private Limited | ₹1.9 Cr (FY 2024) | -37.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Stitchmatic Shoecrafts Private Limited, buy the company report.
Auditor
Stitchmatic Shoecrafts Private Limited is audited by RAJESH DHRUV KHANNA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJESH DHRUV KHANNA & CO | FY 2019 | 013830N |
Shareholding
The shareholding of Stitchmatic Shoecrafts Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Stitchmatic Shoecrafts Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Feb 2021 | 100430085 | Hdfc Bank Limited | ₹1.5 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Stitchmatic Shoecrafts Private Limited has 4 court cases on record: 2 filed by Stitchmatic Shoecrafts, 2 filed against it. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 2 | 2 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S Summersalt Lifestyle Pvt Ltd | Disposed |
| District court, Gurugram, Haryana | Commercial suit | Filed against the company by M/S 3Rd Milestone Logistics LLP | Disposed |
| District court, South East, Delhi | Execution petition | Filed by the company against M/S Alive Fashion | Pending |
| District court, North West, Delhi | Criminal case | Filed by the company against M/S Alive Fashion and Ors. and 4 others | Pending |
To see the full case history of Stitchmatic Shoecrafts 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 Stitchmatic Shoecrafts Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Stitchmatic Shoecrafts Private Limited has a workforce of 2 employees on its EPFO records as of Apr 08, 2024, across 2 active EPFO establishments.
GST
Stitchmatic Shoecrafts has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06ABACS2226A1Z2 | Haryana | Active | 19 Jun 2018 |
To see the full GST registrations and return filing status of Stitchmatic Shoecrafts Private Limited, buy the company report.
Recent activity
Stitchmatic Shoecrafts Private Limited has 6 board changes on record since 2018: 4 appointments and 2 cessations. The latest: Guneet Chugh ceased to be Additional Director on 29 Mar 2024.
Frequently asked questions
Stitchmatic Shoecrafts is an active private limited company based in New Delhi, Delhi, India. The company works in footwear manufacturing, within the consumer goods industry. It was incorporated on 24 April 2018 (8+ years old) and is registered under CIN U19202DL2018PTC333036.
Stitchmatic Shoecrafts has 2 current directors:
- Mayank Gulati - Director
- Sunil Gulati - Additional Director
The latest financial statements of Stitchmatic Shoecrafts on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Stitchmatic Shoecrafts is 06ABACS2226A1Z2, registered in Haryana.
The CIN (Corporate Identification Number) of Stitchmatic Shoecrafts is U19202DL2018PTC333036. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Stitchmatic Shoecrafts has 4 court cases on record: 2 filed by the company and 2 filed against it. 2 are pending.
Stitchmatic Shoecrafts was incorporated on 24 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Stitchmatic Shoecrafts by revenue are Milano Impex Private Limited, Norbel Footcare Private Limited, Don-Diego Leathers India Private Limited, Shivsai Solexpor Private Limited, Flamingo Footwear Finishes India Private Limited, all in the Consumer Products industry (Footwear Manufacturers), with the same principal business activity (textile, leather and other apparel products).
Guneet Chugh ceased to be Additional Director on 29 Mar 2024. Sunil Gulati was appointed as Additional Director on 29 Mar 2024. Guneet Chugh was appointed as Additional Director on 16 Mar 2022. Stitchmatic Shoecrafts has 6 board changes on record in total.
Yes, Stitchmatic Shoecrafts is registered as a small enterprise under Udyam registration (number: UDYAM-DL-05-0004577).
Stitchmatic Shoecrafts can be reached through the website stitchmatic.business.site. Its registered office is in New Delhi, Delhi, India.

