About Titan Leathers Pvt Ltd
Data last updated:
Titan Leathers Pvt Ltd is a private limited company based in Kolkata, West Bengal, India, a subsidiary of Farida Prime Tannery Private Limited. It operates in the leather goods segment of the manufacturing sector. It was incorporated on 21 April 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U19113WB1994PTC062984. Its GSTIN is 19AABCT1629C1ZM (West Bengal). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.66 Cr. It is led by directors Israr Ahmed and Mecca Ashfaque Ahmed.
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 15 N Miajan Ostagar Lane, Kolkata, West Bengal, India – 700017.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.1 Cr, a growth of 52% compared to the previous year. For the same year it recorded a net profit of ₹6.8 Lakh (net margin 1.3%) and EBITDA of ₹36.49 Lakh (EBITDA margin 7.2%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 12% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹1.3 Cr on record. Court records list 7 cases involving the company, including 1 filed by the company and 6 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website farida.co.in.
Company details
Contact details
Titan Leathers Pvt Ltd's registered office is in Kolkata, West Bengal. Its website is farida.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address15 N Miajan Ostagar Lane, Kolkata, West Bengal, India – 700017
- IndustryManufacturing, Leather Goods
To see the full contact details of Titan Leathers Pvt Ltd, 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 Titan Leathers 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 Titan Leathers Pvt Ltd, buy the company report.
Financials of Titan Leathers Pvt Ltd
FY 2024 filings availableTitan Leathers Pvt Ltd reported revenue of ₹5.1 Cr (up 52% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 52% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 12%. EBITDA fell 3% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹36.49 Lakh | ||||
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| Net Profit (PAT) | ₹6.8 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 7.2% | ||||
| Net Profit Margin | 1.3% | ||||
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To see the full financial statements and ratios of Titan Leathers Pvt Ltd, buy the company report.
Board of directors of Titan Leathers Pvt Ltd
Titan Leathers has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Israr Ahmed | Director | 07 Sep 2015 | 11 Years 2 Months | Current |
| Mecca Ashfaque Ahmed Also directs: Aston Shoes Exports LLP, Farida India Shoes Exports LLP, Abrar Leather Exports Private Limited and 5 more | Director | 07 Sep 2015 | 11 Years 2 Months | Current |
Peer comparison
Titan Leathers Pvt Ltd is compared with the 6 companies closest to it by revenue in the Manufacturing industry (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 |
|---|---|---|---|---|---|---|
| Clim Leather Manufacturing Private Limited | ₹5.46 Cr (FY 2025) | -11.0% | Chennai, Tamil Nadu, India | |||
| Doddi Fashion Textiles Private Limited | ₹5.39 Cr (FY 2025) | -15.0% | Bhiwandi, Maharashtra, India | |||
| Titan Leathers Pvt Ltdthis company | ₹5.1 Cr (FY 2024) | ₹6.8 Lakh | 1.3% | 52.0% | 12 | Kolkata, West Bengal, India |
| K K S K Tanning Company Private Limited | ₹5.01 Cr (FY 2024) | -10.0% | Erode, Tamil Nadu, India | |||
| Taurus Hides Private Limited | ₹5 Cr (FY 2019) | -47.0% | Walajapet, Tamil Nadu, India | |||
| Akm Leather Private Limited | ₹4.94 Cr (FY 2025) | -16.0% | Vaniyambadi, Tamil Nadu, India | |||
| Net Work Leather Goods Private Limited | ₹4.94 Cr (FY 2025) | -14.0% | Bhangar, West Bengal, India |
To see the full peer comparison of Titan Leathers Pvt Ltd, buy the company report.
Auditor
Titan Leathers Pvt Ltd is audited by D. S. AHMED & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D. S. AHMED & ASSOCIATES | FY 2023 | 032302E85 |
Shareholding
The shareholding of Titan Leathers Pvt Ltd 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 Titan Leathers Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Nov 2002 | 90256105 | Indian Bank | ₹1.3 Cr | Satisfied |
To see the full charge records of Titan Leathers Pvt Ltd, buy the company report.
Total charge records: 1 View all charges
Legal cases
Titan Leathers Pvt Ltd has 7 court cases on record: 1 filed by Titan Leathers, 6 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 4 | 0 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South Twenty Four Parganas, West Bengal | Interim or miscellaneous application | Filed against the company by M/S - Creative Limited | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Civil suit | Filed against the company by Ms Creative Ltd. | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Execution petition | Filed against the company by an individual | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Execution petition | Filed against the company by an individual | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Ms. Star Hide Company | Disposed |
To see the full case history of Titan Leathers Pvt Ltd, 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 Titan Leathers Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Titan Leathers Pvt Ltd has a workforce of 12 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Titan Leathers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCT1629C1ZM | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Titan Leathers Pvt Ltd, buy the company report.
Recent activity
Titan Leathers Pvt Ltd has 7 board changes on record since 2015: 2 appointments and 5 cessations. The latest: Israr Ahmed ceased to be Additional Director on 26 Sep 2016.
1 earlier event is in the company report.
Frequently asked questions
Titan Leathers is an active private limited company based in Kolkata, West Bengal, India. The company works in leather goods, within the manufacturing industry. It was incorporated on 21 April 1994 (32+ years old) and is registered under CIN U19113WB1994PTC062984.
Titan Leathers has 2 current directors:
- Israr Ahmed - Director
- Mecca Ashfaque Ahmed - Director
The latest financial statements of Titan Leathers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Titan Leathers is 19AABCT1629C1ZM, registered in West Bengal. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Titan Leathers is U19113WB1994PTC062984. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Titan Leathers has 7 court cases on record: 1 filed by the company and 6 filed against it. Most are in the district courts.
Titan Leathers was incorporated on 21 April 1994, making it 32+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Titan Leathers by revenue are Clim Leather Manufacturing Private Limited, Doddi Fashion Textiles Private Limited, K K S K Tanning Company Private Limited, Taurus Hides Private Limited, Akm Leather Private Limited and 1 more, all in the Manufacturing industry (Leather), with the same principal business activity (textile, leather and other apparel products).
Israr Ahmed ceased to be Additional Director on 26 Sep 2016. Mecca Ashfaque Ahmed ceased to be Additional Director on 26 Sep 2016. Srinivasan Sampath Kumar ceased to be Managing Director on 30 Nov 2015. Titan Leathers has 7 board changes on record in total.
Titan Leathers can be reached through the website farida.co.in. Its registered office is in Kolkata, West Bengal, India.
The registered office of Titan Leathers is at 15 N Miajan Ostagar Lane, Kolkata, West Bengal, India – 700017.
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