MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0067997
Veera Tanneries Private Limited - consumer goods in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2026
₹1.66 Cr
▲ 2% YoY
Net loss · FY 2026
₹2.53 Cr
Net margin -152.7%
EBITDA · FY 2026
-₹2.02 Cr
EBITDA margin -122.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹2.51 Lakh
Issued & subscribed
Open charges
₹1.49 Cr
Secured borrowings
Company age
48 yrs
Est. 1978
Employees · EPFO
16
Provident fund records
About Veera Tanneries Private Limited
Data last updated:
Veera Tanneries Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the leather goods manufacturing segment of the consumer goods sector. It was incorporated on 19 August 1978 and has been in existence for over 48 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U19200MH1978PTC020582. Its GSTIN is 27AAACV3548B1ZK (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2.51 Lakh. It is led by directors including Aspi Darabshah Pader (Managing Director) and Shahpur Aspi Pader (Whole-Time Director).
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 266 Innawadidharavi, Mumbai, Maharashtra, India – 400017.
As per the financials filed for FY 2026, the company reported a revenue of ₹1.66 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net loss of ₹2.53 Cr (net margin -152.7%) and EBITDA of -₹2.02 Cr (EBITDA margin -122.1%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 4% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: DB Solar and Veera Tanneries. As per MCA filings, the company has open charges of ₹1.49 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it.
Veera Tanneries Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0067997). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website veratan.com.
Company details
CIN U19200MH1978PTC020582
Registration Number 020582
Incorporation Date 19 August 1978
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0067997
Key People
Aspi Darabshah Pader Managing Director Shahpur Aspi Pader Whole-Time Director Ferzana Aspi Pader Whole-Time Director Recognitions & Rankings of Veera Tanneries
Contact details
Veera Tanneries Private Limited's registered office is in Mumbai, Maharashtra. Its website is veratan.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address266 Innawadidharavi, Mumbai, Maharashtra, India – 400017
- IndustryConsumer Goods, Leather Goods Manufacturing
To see the full contact details of Veera Tanneries Private Limited, buy the company report.
Comprehensive company report
Veera Tanneries 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
Brands
Veera Tanneries operates two associated brands: DB Solar and Veera Tanneries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides solar panel installation and maintenance for homes and businesses in India. | dbsolar.co.in | |
| Leather manufacturing and exporting with environmental management in India. | veratan.com |
Business activity
The main business activity of Veera Tanneries 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 Veera Tanneries Private Limited, buy the company report.
Financials of Veera Tanneries Private Limited
FY 2025 filings availableVeera Tanneries Private Limited reported revenue of ₹1.66 Cr (up 2% YoY) for FY 2026.
Revenue · FY 2026
₹1.66 Cr ▲ 2%
Net loss · FY 2026
₹2.53 Cr margin -152.7%
EBITDA · FY 2026
-₹2.02 Cr margin -122.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 4%
5 years · compounded
▼ 4%
EBITDA CAGR growth
3 years · compounded
▼ 91%
5 years · compounded
▼ 83%
Revenue rose 2% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| 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 | -₹2.02 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.53 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
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -122.1% | ||||
| Net Profit Margin | -152.7% | ||||
| 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 Veera Tanneries Private Limited, buy the company report.
Board of directors of Veera Tanneries Private Limited
Veera Tanneries has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shahpur Aspi Pader Also directs: Veratan Leathers LLP | Whole-Time Director | 06 Jan 2016 | 10 Years 9 Months | Current |
| Ferzana Aspi Pader Also directs: Veratan Leathers LLP | Whole-Time Director | 01 Sep 2018 | 8 Years 1 Months | Current |
| Aspi Darabshah Pader | Managing Director | 01 Sep 2004 | 22 Years 1 Months | Current |
| Veera Daraius Bandrawalla | Director | 05 Jul 2014 | 12 Years 3 Months | Current |
Peer comparison
Veera Tanneries Private Limited is compared with the 6 companies closest to it by revenue in the Consumer Products industry (Leather Goods 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 |
|---|---|---|---|---|---|---|
| Sewa Leathers Private Limited | ₹1.72 Cr (FY 2025) | -16.0% | Punjab, India | |||
| Veera Tanneries Private Limitedthis company | ₹1.66 Cr (FY 2026) | -₹2.53 Cr | -152.7% | 2.0% | 16 | Mumbai, Maharashtra, India |
| Sheela Overseas Private Limited | ₹1.64 Cr (FY 2025) | -29.0% | New Delhi, Delhi, India | |||
| Deepankit Overseas Private Limited | ₹1.64 Cr (FY 2024) | 29.0% | Delhi, India | |||
| Gaurav Lederwaren Pvt Ltd | ₹1.6 Cr (FY 2025) | -34.0% | Kolkata, West Bengal, India | |||
| Mohib Leather Products Private Limited | ₹1.6 Cr (FY 2022) | 45.0% | Chennai, Tamil Nadu, India | |||
| I R Leather Manufacturers Private Limited | ₹1.55 Cr (FY 2025) | 23.0% | New Delhi, Delhi, India |
To see the full peer comparison of Veera Tanneries Private Limited, buy the company report.
Auditor
Veera Tanneries Private Limited is audited by D R MEHTA & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D R MEHTA & ASSOCIATES | FY 2021 | 106207W |
Shareholding
The shareholding of Veera Tanneries Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Veera Tanneries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.49 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jul 2022 | 100595480 | Indian Overseas Bank | ₹80 Lakh | Open | |
| 31 Oct 1990 | 90185649 | Indian Overseas Bank | ₹5 Lakh | Open | |
| 13 Jun 1988 | 90185333 | Maharashtra State Financial Corproation | ₹8 Lakh | Open | |
| 30 Sep 1987 | 90185256 | Indian Overseas Bank | ₹30 Lakh | Open | |
| 12 Jun 1985 | 90189034 | The Maharashtra State Financial Corproation | ₹2.02 Lakh | Open |
To see the full charge records of Veera Tanneries Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Veera Tanneries Private Limited has 5 court cases on record: 2 filed by Veera Tanneries, 3 filed against it. All cases are disposed.
Total cases
5
Filed by the company
2
Filed against the company
3
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 3 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Aurangabad, Maharashtra | Civil suit | Filed by the company against Tata International Ltd | Disposed |
| Bombay High Court | Writ petition | Filed by the company against an individual | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by The Commissioner of Incopme-Tax,Mum,City-7 | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by The Commissioner of Income Tax City 7,Mumbai | Disposed |
| Bombay High Court | Court case (NMA) | Filed against the company by The Commissioner of Income Tax City-7, Mumbai | Disposed |
To see the full case history of Veera Tanneries 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 Veera Tanneries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Veera Tanneries Private Limited has a workforce of 16 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
16
Active EPFO establishments
1
Employee growth
-11.11%
GST
Veera Tanneries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACV3548B1ZK | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Veera Tanneries Private Limited, buy the company report.
Recent activity
Veera Tanneries Private Limited has 10 board changes on record since 2004: 4 appointments and 6 cessations. The latest: Ferzana Aspi Pader ceased to be Additional Director on 29 Sep 2018.
AGM
Veera Tanneries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Indian Overseas Bank of Rs. 80.00 Lakh registered on 04 Jul 2022 with Charge ID 100595480 was modified on 14 Aug 2025.
Filing
Veera Tanneries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Indian Overseas Bank amounted to Rs. 80.00 Lakh with Charge ID 100595480 was registered on 04 Jul 2022.
Ceased
Ferzana Aspi Pader ceased to be Additional Director.
Appointed
Ferzana Aspi Pader was appointed as Whole-Time Director.
Ceased
Aspi Darabshah Pader ceased to be Whole-Time Director.
Ceased
Darab Cowasji Pader ceased to be Managing Director.
Ceased
Freny Darab Pader ceased to be Whole-Time Director.
Ceased
Shahpur Aspi Pader ceased to be Additional Director.
Appointed
Shahpur Aspi Pader was appointed as Whole-Time Director.
Ceased
Veera Daraius Bandrawalla ceased to be Additional Director.
14 earlier events are in the company report.
Frequently asked questions
Veera Tanneries is an active private limited company based in Mumbai, Maharashtra, India. The company works in leather goods manufacturing, within the consumer goods industry. It was incorporated on 19 August 1978 (48+ years old) and is registered under CIN U19200MH1978PTC020582.
Veera Tanneries has 4 current directors:
- Aspi Darabshah Pader - Managing Director
- Shahpur Aspi Pader - Whole-Time Director
- Ferzana Aspi Pader - Whole-Time Director
- Veera Daraius Bandrawalla - Director
The latest financial statements of Veera Tanneries 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 Veera Tanneries is 27AAACV3548B1ZK, registered in Maharashtra.
The CIN (Corporate Identification Number) of Veera Tanneries is U19200MH1978PTC020582. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veera Tanneries has 5 court cases on record: 2 filed by the company and 3 filed against it. Most are in the high courts.
Veera Tanneries was incorporated on 19 August 1978, making it 48+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Veera Tanneries by revenue are Sewa Leathers Private Limited, Sheela Overseas Private Limited, Deepankit Overseas Private Limited, Gaurav Lederwaren Pvt Ltd, Mohib Leather Products Private Limited and 1 more, all in the Consumer Products industry (Leather Goods Manufacturers), with the same principal business activity (textile, leather and other apparel products).
Ferzana Aspi Pader ceased to be Additional Director on 29 Sep 2018. Ferzana Aspi Pader was appointed as Whole-Time Director on 01 Sep 2018. Aspi Darabshah Pader ceased to be Whole-Time Director on 30 Sep 2017. Veera Tanneries has 10 board changes on record in total.
Yes, Veera Tanneries is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0067997).
Veera Tanneries can be reached through the website veratan.com. Its registered office is in Mumbai, Maharashtra, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages