Track Shoes Private Limited

Track Shoes Private Limited - consumer goods in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U18209TN1987PTC014944 Incorporated 07 October 1987 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company consumer goods MSME · Small
Revenue · FY 2025
₹27.46 Cr
▼ 31% YoY
Net loss · FY 2025
₹16.36 Cr
Net margin -59.6%
EBITDA · FY 2025
-₹13.07 Cr
EBITDA margin -47.6%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹3.05 Cr
Issued & subscribed
Open charges
₹34.9 Cr
Satisfied ₹95.65 Cr
Company age
39 yrs
Est. 1987
Employees · EPFO
94
Provident fund records

About Track Shoes Private Limited

Data last updated:

Track Shoes 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 07 October 1987 and has been in existence for over 39 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U18209TN1987PTC014944. Its GSTIN is 33AAACT3420A1Z8 (Tamil Nadu). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.05 Cr. It is led by directors including Nekanti Venkat Rao and Harish Nekkanti.

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 No.4/287 Kundrathur Main Road Kovur, Chennai, Tamil Nadu, India – 602101.

As per the financials filed for FY 2025, the company reported a revenue of ₹27.46 Cr, a decline of 31% compared to the previous year. For the same year it recorded a net loss of ₹16.36 Cr (net margin -59.6%) and EBITDA of -₹13.07 Cr (EBITDA margin -47.6%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 7% over five years.

The company has about 94 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹34.9 Cr and satisfied charges of ₹95.65 Cr on record. Court records list 6 cases involving the company, including 6 filed against it.

Track Shoes Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-08-0019391). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U18209TN1987PTC014944
Registration Number 014944
Incorporation Date 07 October 1987
ROC Chennai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-08-0019391
Key People
Nekanti Venkat Rao Director Harish Nekkanti Director Karipineni Nageswararao Director

Recognitions & Rankings of Track Shoes

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-TN-08-0019391

Contact details

Track Shoes 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 Address
    No.4/287 Kundrathur Main Road Kovur, Chennai, Tamil Nadu, India – 602101
  • Industry
    Consumer Goods, Footwear Manufacturing

To see the full contact details of Track Shoes Private Limited, buy the company report.

Comprehensive company report
Track Shoes 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Track Shoes 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 Track Shoes Private Limited, buy the company report.

Financials of Track Shoes Private Limited

FY 2025 filings available

Track Shoes Private Limited reported revenue of ₹27.46 Cr (down 31% YoY) for FY 2025.

Revenue · FY 2025
₹27.46 Cr ▼ 31%
Net loss · FY 2025
₹16.36 Cr margin -59.6%
EBITDA · FY 2025
-₹13.07 Cr margin -47.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 31%
3 years · compounded
▼ 10%
5 years · compounded
▼ 7%
EBITDA CAGR growth
1 year
▼ 556%
3 years · compounded
▼ 96%
5 years · compounded
▼ 54%

Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 31% fall in the latest year. EBITDA fell 556% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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-₹13.07 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹16.36 Cr
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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-47.6%
Net Profit Margin-59.6%
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 Track Shoes Private Limited, buy the company report.

Board of directors of Track Shoes Private Limited

Track Shoes has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Nekanti Venkat Rao
Also directs: Nekks Industries Private Limited
Director07 Oct 198739 Years 1 MonthsCurrent
Harish Nekkanti
Also directs: Nekks Industries Private Limited, Livwell Lifestyle Private Limited
Director08 Sep 201412 Years 2 MonthsCurrent
Karipineni NageswararaoDirector07 Oct 198739 Years 1 MonthsCurrent
View all directors

Peer comparison

Track Shoes 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Sumanglam Impex Private Limited₹27.9 Cr (FY 2017)6.0%New Delhi, Delhi, India
Designer Fabrics (India ) Private Limited₹27.84 Cr (FY 2018)5.0%Mumbai, Maharashtra, India
Anaikar Shoe Factory Private Limited₹27.73 Cr (FY 2021)Kulithigai Village, Tamil Nadu, India
Track Shoes Private Limitedthis company₹27.46 Cr (FY 2025)-₹16.36 Cr-59.6%-31.0%94Chennai, Tamil Nadu, India
CDS Soles Private Limited₹27.29 Cr (FY 2024)-29.0%Vellore, Tamil Nadu, India
Transworld Shoes Private Limited₹27.22 Cr (FY 2025)-8.0%Agra, Uttar Pradesh, India

To see the full peer comparison of Track Shoes Private Limited, buy the company report.

Auditor

Track Shoes Private Limited is audited by E.RADHAKRISHNAN & Co. for the financial year 2022.

Auditor firmFinancial yearFirm registration number
E.RADHAKRISHNAN & Co.FY 2022003305S

Shareholding

The shareholding of Track Shoes 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Track Shoes Private Limited, buy the company report.

Charges & borrowings

Open charges
₹34.9 Cr
Satisfied charges
₹95.65 Cr
Breakdown by lending institutions
Others₹30.50 Cr
Standard Chartered Bank₹4.40 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
18 Mar 2025101098699Others₹2.5 CrOpen
18 Apr 2023100716783Standard Chartered Bank₹4.4 CrOpen
09 Jan 2023100663798Others₹28 CrOpen
24 Apr 2020100365951Standard Chartered Bank₹60 LakhSatisfied
24 Apr 2020100365953Standard Chartered Bank₹24 CrSatisfied

To see the full charge records of Track Shoes Private Limited, buy the company report.

Total charge records: 11 View all charges

MSME payment delays

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

Employees & EPFO

Track Shoes Private Limited has a workforce of 94 employees on its EPFO records as of Oct 2025, across 2 active EPFO establishments.

Employee count
94
Active EPFO establishments
2
Employee growth
-40.1%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2025-2694
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Track Shoes Private Limited, buy the company report.

GST

Track Shoes has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
33AAACT3420A1Z8Tamil NaduActive01 Jul 2017
37AAACT3420A1Z0Andhra PradeshActive01 Jul 2017

To see the full GST registrations and return filing status of Track Shoes Private Limited, buy the company report.

Recent activity

Track Shoes Private Limited has 4 board changes on record since 1987: 3 appointments and 1 cessation. The latest: Karipineni Nageswararao ceased to be Director on 01 Oct 2024.

AGM
Track Shoes Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Track Shoes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge with Others amounted to Rs. 2.50 Cr with Charge ID 101098699 was registered on 18 Mar 2025.
Ceased
Karipineni Nageswararao ceased to be Director.
Charges
A charge registered on 24 Apr 2020 via Charge ID 100365951 with Standard Chartered Bank was fully satisfied on 09 May 2023.
Charges
A charge registered on 24 Apr 2020 via Charge ID 100365953 with Standard Chartered Bank was fully satisfied on 09 May 2023.
Charges
A charge with Standard Chartered Bank amounted to Rs. 4.40 Cr with Charge ID 100716783 was registered on 18 Apr 2023.
Charges
A charge with Others of Rs. 28.00 Cr registered on 09 Jan 2023 with Charge ID 100663798 was modified on 24 Jan 2023.
Charges
A charge with Others amounted to Rs. 28.00 Cr with Charge ID 100663798 was registered on 09 Jan 2023.
Charges
A charge with Standard Chartered Bank of Rs. 24.00 Cr registered on 24 Apr 2020 with Charge ID 100365953 was modified on 13 Aug 2020.
Charges
A charge registered on 14 Mar 2018 via Charge ID 100207202 with Others was fully satisfied on 16 Jun 2020.
Charges
A charge with Standard Chartered Bank amounted to Rs. 0.60 Cr with Charge ID 100365951 was registered on 24 Apr 2020.

22 earlier events are in the company report.

Frequently asked questions

Track Shoes 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 07 October 1987 (39+ years old) and is registered under CIN U18209TN1987PTC014944.

Track Shoes has 3 current directors:

The latest financial statements of Track Shoes 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 2015 are in the company report.

The GSTIN of Track Shoes is 33AAACT3420A1Z8, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 37AAACT3420A1Z0 (Andhra Pradesh).

The CIN (Corporate Identification Number) of Track Shoes is U18209TN1987PTC014944. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Track Shoes has 6 court cases on record: 6 filed against it. Most are in the district courts.

Track Shoes was incorporated on 07 October 1987, making it 39+ years old. It is registered with the Registrar of Companies, Chennai.

The peers of Track Shoes by revenue are Sumanglam Impex Private Limited, Designer Fabrics (India ) Private Limited, Anaikar Shoe Factory Private Limited, CDS Soles Private Limited, Transworld Shoes Private Limited, all in the Consumer Products industry (Footwear Manufacturers), with the same principal business activity (textile, leather and other apparel products).

Karipineni Nageswararao ceased to be Director on 01 Oct 2024. Harish Nekkanti was appointed as Director on 08 Sep 2014. Karipineni Nageswararao was appointed as Director on 07 Oct 1987. Track Shoes has 4 board changes on record in total.

Yes, Track Shoes is registered as a small enterprise under Udyam registration (number: UDYAM-TN-08-0019391).

The registered office of Track Shoes is at No.4287 Kundrathur Main Road Kovur, Chennai, Tamil Nadu, India – 602101.