Vasu Leathers Pvt Ltd
About Vasu Leathers Pvt Ltd
Data last updated:
Vasu Leathers Pvt Ltd is a private limited company based in Jalandhar, Punjab, India. It operates in the leather goods manufacturing segment of the consumer goods sector. It was incorporated on 20 June 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U19120PB2006PTC030368. Its GSTIN is 03AACCV4568K1Z3 (Punjab).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Jyoti Parkash and Hira Lal Verma.
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 Plot No. 1 – A & 2 – A, Leather Complex Jalandhar, Punjab, India – 144001.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.3 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹1.34 Lakh (net margin 1%) and EBITDA of ₹3.54 Lakh (EBITDA margin 2.7%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 7% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.6 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressPlot No. 1 – A & 2 – A, Leather Complex Jalandhar, Punjab, India – 144001
- IndustryConsumer Goods, Leather Goods Manufacturing
- 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
- One PDF report, delivered after checkout
Business Activity of Vasu Leathers Pvt Ltd
The main business activity of Vasu Leathers is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Vasu Leathers Pvt Ltd FY 2025 filings available
Vasu Leathers Pvt Ltd reported revenue of ₹1.3 Cr (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Vasu Leathers Pvt Ltd
Revenue rose 7% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA fell 18% 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 of Vasu Leathers Pvt Ltd
| 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 | ₹3.54 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.34 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 of Vasu Leathers Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Vasu Leathers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Vasu Leathers Pvt Ltd
Vasu Leathers Pvt Ltd is compared with the companies closest to it by revenue in the Consumer Products industry (Leather Goods Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Banaras Beads Exports Private Limited | ₹1.41 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Varanasi, Uttar Pradesh, India |
| Das Style Private Limited | ₹1.39 Cr (FY 2024) | •••• | •••• | -74.0% | •••• | Kolkata, West Bengal, India |
| Egi Leather Exports Limited | ₹1.35 Cr (FY 2024) | •••• | •••• | 1186.0% | •••• | Kolkata, West Bengal, India |
| Nxtgen Hide Fashion Private Limited | ₹1.33 Cr (FY 2025) | •••• | •••• | 837.0% | •••• | Delhi, India |
| Sheep Skin Leather Private Limited | ₹1.31 Cr (FY 2025) | •••• | •••• | -36.0% | •••• | New Delhi, Delhi, India |
| Vasu Leathers Pvt Ltd this company | ₹1.3 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Jalandhar, Punjab, India |
| Sarvesh Exports Private Limited | ₹1.29 Cr (FY 2024) | •••• | •••• | 18.0% | •••• | New Delhi, Delhi, India |
| Hansa Leder Private Limited | ₹1.26 Cr (FY 2024) | •••• | •••• | 14.0% | •••• | Hyderabad, Telangana, India |
| Afifa Leather Exports Private Limited | ₹1.26 Cr (FY 2024) | •••• | •••• | -13.0% | •••• | Kolkata, West Bengal, India |
| Passi Leather Products Private Limited | ₹1.25 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | New Delhi, Delhi, India |
| Neutralx Private Limited | ₹1.25 Cr (FY 2025) | •••• | •••• | 182.0% | •••• | Indore, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Vasu Leathers by revenue in the Consumer Products industry (Leather Goods Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Vasu Leathers Pvt Ltd
Vasu Leathers Pvt Ltd is audited by SURINDER MAHAJAN & ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SURINDER MAHAJAN & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Vasu Leathers Pvt Ltd
Vasu Leathers 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 |
|---|---|---|---|---|
| Jyoti Parkash | Director | 20 Jun 2006 | 20 Years 3 Months | Current |
| Hira Lal Verma | Director | 20 Jun 2006 | 20 Years 3 Months | Current |
| Bal Krishan | Director | 20 Jun 2006 | 20 Years 3 Months | Current |
Ownership and Shareholding of Vasu Leathers Pvt Ltd
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Vasu Leathers Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Sep 2006 | Bank of India | ₹20 Lakh | Open |
| 29 Sep 2006 | Bank of India | ₹70 Lakh | Open |
| 29 Sep 2006 | Bank of India | ₹20 Lakh | Open |
| 29 Sep 2006 | Bank of India | ₹50 Lakh | Open |
Total charge records: 4 View all charges
Legal Cases of Vasu Leathers Pvt Ltd
Vasu Leathers Pvt Ltd has 1 court case on record: 1 filed by Vasu Leathers. All case is disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jalandhar, Punjab | Commercial suit | Filed by the company against Vahoo Leathers Private Limited | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Vasu Leathers Pvt Ltd
Vasu Leathers Pvt Ltd has a workforce of 6 employees as of Apr 01, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Vasu Leathers Pvt Ltd
Vasu Leathers Pvt Ltd has 5 board changes on record since 2006: 4 appointments and 1 cessation. The latest: Joginder Singh Pal ceased to be Managing Director on 07 Dec 2022.
Credit Ratings, Litigation & Regulatory Alerts for Vasu Leathers Pvt Ltd
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Vasu Leathers Pvt Ltd
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Vasu Leathers Pvt Ltd
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Vasu Leathers Pvt Ltd
Vasu Leathers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AACCV4568K1Z3 | Punjab | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Vasu Leathers Pvt Ltd
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Vasu Leathers Pvt Ltd
Vasu Leathers is an active private limited company based in Jalandhar, Punjab, India. The company works in leather goods manufacturing, within the consumer goods industry. It was incorporated on 20 June 2006 (20+ years old) and is registered under CIN U19120PB2006PTC030368.
Vasu Leathers reported revenue of ₹1.3 Cr for FY 2025 (up 7% YoY).
Vasu Leathers has 3 current directors:
- Jyoti Parkash - Director
- Hira Lal Verma - Director
- Bal Krishan - Director
Vasu Leathers reported a net profit of ₹1.34 Lakh (net margin 1%) and EBITDA of ₹3.54 Lakh (EBITDA margin 2.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Vasu Leathers is 2% over three years and -7% over five years. In the latest year (FY 2025) revenue rose 7%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Vasu Leathers is 03AACCV4568K1Z3, registered in Punjab.
The CIN (Corporate Identification Number) of Vasu Leathers is U19120PB2006PTC030368. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vasu Leathers has 1 court case on record: 1 filed by the company.
Vasu Leathers was incorporated on 20 June 2006, making it 20+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Vasu Leathers by revenue are Banaras Beads Exports Private Limited, Das Style Private Limited, Egi Leather Exports Limited, Nxtgen Hide Fashion Private Limited, Sheep Skin Leather Private Limited and 5 more, all in the Consumer Products industry (Leather Goods Manufacturers).
Joginder Singh Pal ceased to be Managing Director on 07 Dec 2022. Bal Krishan was appointed as Director on 20 Jun 2006. Hira Lal Verma was appointed as Director on 20 Jun 2006. Vasu Leathers has 5 board changes on record in total.