MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-PB-12-0049207
Hawk Cycles Private Limited
Hawk Cycles Private Limited - automotive in Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹4.08 Cr
▼ 84% YoY
Net loss · FY 2025
₹56.58 Lakh
Net margin -13.9%
EBITDA · FY 2025
-₹1.14 Cr
EBITDA margin -28%
Authorised capital
₹30 Cr
Registered with MCA
Paid-up capital
₹10.1 Lakh
Issued & subscribed
Company age
38 yrs
Est. 1988
Employees · EPFO
9
Provident fund records
Directors on board
2
As per MCA filings
About Hawk Cycles Private Limited
Data last updated:
Hawk Cycles Private Limited is a private limited company based in Punjab, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 02 August 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U35100PB1988PTC008584. Its GSTIN is 03AAACP9823H2ZH (Punjab). The company holds 5 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹10.1 Lakh. It was formerly known as Pragati Tyres Private Limited. It is led by directors Munish Kumar Garg and Bharat Goel.
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 Hero Nagarg T Road Ludhiana, Punjab, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.08 Cr, a decline of 84% compared to the previous year. For the same year it recorded a net loss of ₹56.58 Lakh (net margin -13.9%) and EBITDA of -₹1.14 Cr (EBITDA margin -28%). Revenue has declined at a compounded annual rate (CAGR) of 62% over three years and 25% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Hero Motors Company. Court records list 11 cases involving the company, including 10 filed by the company and 1 filed against it; 7 cases are pending.
Hawk Cycles Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0049207). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U35100PB1988PTC008584
Registration Number 008584
Incorporation Date 02 August 1988
ROC Chandigarh
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-PB-12-0049207
CIN history
Hawk Cycles has one previous CIN (Corporate Identification Number): U51399PB1988PTC008584. The current CIN is U35100PB1988PTC008584, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U35100PB1988PTC008584 | Current |
| U51399PB1988PTC008584 | Previous |
Key People
Munish Kumar Garg Director Bharat Goel Director Recognitions & Rankings of Hawk Cycles
Contact details
Hawk Cycles Private Limited's registered office is in Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressHero Nagarg T Road Ludhiana, Punjab, India
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Hawk Cycles Private Limited, buy the company report.
Comprehensive company report
Hawk Cycles 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
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Secure checkout · GST invoice included
Brands
Hawk Cycles operates one associated brand: Hero Motors Company. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Hero Motors Company is engaged in manufacturing mobility solutions. | hmcgroup.co.in |
Business activity
The main business activity of Hawk Cycles is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Hawk Cycles Private Limited, buy the company report.
Financials of Hawk Cycles Private Limited
FY 2025 filings availableHawk Cycles Private Limited reported revenue of ₹4.08 Cr (down 84% YoY) for FY 2025.
Revenue · FY 2025
₹4.08 Cr ▼ 84%
Net loss · FY 2025
₹56.58 Lakh margin -13.9%
EBITDA · FY 2025
-₹1.14 Cr margin -28%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 84%
3 years · compounded
▼ 62%
5 years · compounded
▼ 25%
EBITDA CAGR growth
1 year
▲ 5%
3 years · compounded
▼ 46%
5 years · compounded
▼ 72%
Revenue has declined at a compounded annual rate (CAGR) of 25% over five years, including a 84% fall in the latest year. EBITDA rose 5% 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 | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹1.14 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹56.58 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -28% | ||||
| Net Profit Margin | -13.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Hawk Cycles Private Limited, buy the company report.
Board of directors of Hawk Cycles Private Limited
Hawk Cycles has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Munish Kumar Garg Also directs: Hero Financial Services Private Limited | Director | 17 Sep 2023 | 3 Years 1 Months | Current |
| Bharat Goel Also directs: Hero Transmission Private Limited, Hero Global Design Private Limited, Hero PBG Cycles Private Limited and 1 more | Director | 01 Sep 2015 | 11 Years 1 Months | Current |
Auditor
Hawk Cycles Private Limited is audited by B.D. Bansal & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B.D. Bansal & Co. | FY 2023 | 000621N |
Shareholding
The shareholding of Hawk Cycles 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 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 Hawk Cycles Private Limited, buy the company report.
Legal cases
Hawk Cycles Private Limited has 11 court cases on record: 10 filed by Hawk Cycles, 1 filed against it. 7 cases are pending and 4 are disposed.
Total cases
11
Filed by the company
10
Filed against the company
1
Pending
7
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 0 | 6 |
| High courts | 1 | 1 | 1 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against an individual | Pending |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against an individual | Pending |
| High Court, PUNJAB | Criminal miscellaneous application | Filed against the company by an individual | Pending |
| District court, Ludhiana, Punjab | Civil suit | Filed by the company against an individual | Pending |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against M/S Ajit Cycle Stores | Pending |
To see the full case history of Hawk Cycles 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
Hawk Cycles Private Limited has 2 MSME Form 1 returns on record between 2020 and 2021, listing 19 overdue payments to 18 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 18)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Jay Sons Industrial Corporation | |||
| Sind Engineering Works | |||
| Synergy India | |||
| Anmol Wire Products | |||
| Lucky Engineers |
To see the full MSME payment records of Hawk Cycles Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Hawk Cycles Private Limited has a workforce of 9 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
9
Active EPFO establishments
1
Employee growth
-25%
GST
Hawk Cycles has 5 GST registrations: 2 active and 3 cancelled or inactive.
Total GSTINs
5
Active
2
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACP9823H2ZH | Punjab | Active | 12 Sep 2019 |
| 10AAACP9823H1ZN | Bihar | Active | 17 Dec 2021 |
To see the full GST registrations and return filing status of Hawk Cycles Private Limited, buy the company report.
Recent activity
Hawk Cycles Private Limited has 12 board changes on record since 2010: 2 appointments and 10 cessations. The latest: Munish Kumar Garg ceased to be Additional Director on 29 Sep 2023.
AGM
Hawk Cycles Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Hawk Cycles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Ceased
Munish Kumar Garg ceased to be Additional Director.
Appointed
Munish Kumar Garg was appointed as Director.
Ceased
Rishi Raj Gulati ceased to be Director.
Ceased
Bankesh Dhingra ceased to be Director.
Ceased
Pankaj Munjal ceased to be Director.
Ceased
Rohit Maheshwari ceased to be Director.
Ceased
Anoop Singhal ceased to be Director.
Ceased
Bharat Goel ceased to be Additional Director.
Appointed
Bharat Goel was appointed as Director.
Ceased
Om Parkash Munjal ceased to be Director.
3 earlier events are in the company report.
News
Frequently asked questions
Hawk Cycles is an active private limited company based in Punjab, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 02 August 1988 (38+ years old) and is registered under CIN U35100PB1988PTC008584.
Hawk Cycles has 2 current directors:
- Munish Kumar Garg - Director
- Bharat Goel - Director
The latest financial statements of Hawk Cycles 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 Hawk Cycles is 03AAACP9823H2ZH, registered in Punjab. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 10AAACP9823H1ZN (Bihar).
The CIN (Corporate Identification Number) of Hawk Cycles is U35100PB1988PTC008584. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hawk Cycles has 11 court cases on record: 10 filed by the company and 1 filed against it. 7 are pending. Most are in the district courts.
Hawk Cycles was incorporated on 02 August 1988, making it 38+ years old. It is registered with the Registrar of Companies, Chandigarh.
Munish Kumar Garg ceased to be Additional Director on 29 Sep 2023. Munish Kumar Garg was appointed as Director on 17 Sep 2023. Rishi Raj Gulati ceased to be Director on 17 Sep 2023. Hawk Cycles has 12 board changes on record in total.
Yes, Hawk Cycles is registered as a small enterprise under Udyam registration (number: UDYAM-PB-12-0049207).
Hawk Cycles has 2 MSME Form 1 returns on record between 2020 and 2021, listing 19 overdue payments to 18 micro and small suppliers. The latest return was filed on 16 Apr 2021.
The registered office of Hawk Cycles is at Hero Nagarg T Road Ludhiana, Punjab, India.