Aakash Motors Private Limited

Aakash Motors Private Limited - automotive in Bargarh, Odisha, India. FY 2026 financials & compliance.
CIN U50401OR1998PTC005583 Incorporated 18 December 1998 ROC Cuttack HQ Bargarh, Odisha, India
Active Private Limited Company automotive MSME · Small
Data last updated
Revenue · FY 2025
₹41.93 Cr
▲ 23% YoY
Net profit · FY 2025
₹8.1 Lakh
Net margin 0.2%
EBITDA · FY 2025
₹2.27 Cr
EBITDA margin 5.4%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹27.07 Lakh
Issued & subscribed
Open charges
₹7.4 Cr
Satisfied ₹8.98 Cr
Company age
28 yrs
Est. 1998
Employees · EPFO
30
Provident fund records

About Aakash Motors Private Limited

Data last updated:

Aakash Motors Private Limited is a private limited company based in Bargarh, Odisha, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 18 December 1998 and has been in existence for over 28 years.

The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U50401OR1998PTC005583. Its GSTIN is 21AAECA1678B1ZA (Odisha).

The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹27.07 Lakh. It is led by directors Sarojdevi Agrawal and Aakash Kumar Agrawal.

Its last annual general meeting (AGM) was held on 12 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bhatli Chowk N.H. – 6, Bargarh, Odisha, India – 768028.

As per the financials filed for FY 2025, the company reported a revenue of ₹41.93 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹8.1 Lakh (net margin 0.2%) and EBITDA of ₹2.27 Cr (EBITDA margin 5.4%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 3% over five years.

The company has about 30 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹7.4 Cr and satisfied charges of ₹8.98 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 1 case is pending.

Aakash Motors Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-04-0000765). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U50401OR1998PTC005583
Registration Number 005583
Incorporation Date 18 December 1998
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 12 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-OD-04-0000765

Recognitions & Rankings of Aakash Motors

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-OD-04-0000765

Contact details

Aakash Motors Private Limited's registered office is in Bargarh, Odisha. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Bhatli Chowk N.H. – 6, Bargarh, Odisha, India – 768028
  • Industry
    Automotive, Auto Dealership & Trading

To see the full contact details of Aakash Motors Private Limited, buy the company report.

Comprehensive company report
Aakash Motors 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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Business activity

The main business activity of Aakash Motors is trade. In detail, this covers retail trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading

To see the full business activity and turnover split of Aakash Motors Private Limited, buy the company report.

Financials of Aakash Motors Private Limited

FY 2025 filings available

Aakash Motors Private Limited reported revenue of ₹41.93 Cr (up 23% YoY) for FY 2025.

Revenue · FY 2025
₹41.93 Cr ▲ 23%
Net profit · FY 2025
₹8.1 Lakh margin 0.2%
EBITDA · FY 2025
₹2.27 Cr margin 5.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 23%
3 years · compounded
▲ 12%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▲ 19%
3 years · compounded
▲ 5%
5 years · compounded
▲ 2%

Revenue rose 23% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA rose 19% 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₹2.27 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹8.1 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin5.4%
Net Profit Margin0.2%
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 Aakash Motors Private Limited, buy the company report.

Board of directors of Aakash Motors Private Limited

Aakash Motors has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sarojdevi AgrawalDirector01 Nov 200917 Years 0 MonthsCurrent
Aakash Kumar AgrawalDirector18 Dec 199827 Years 10 MonthsCurrent

Peer comparison

Aakash Motors Private Limited is compared with the 3 companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Deshmukh Motors Private Limited₹42.03 Cr (FY 2025)69.0%Ambejogai, Maharashtra, India
Aakash Motors Private Limitedthis company₹41.93 Cr (FY 2025)₹8.1 Lakh0.2%23.0%30Bargarh, Odisha, India
Bhagirath Wheels Private Limited₹41.82 Cr (FY 2025)66.0%Sangli, Maharashtra, India
Vijay Motowings Private Limited₹41.81 Cr (FY 2025)9.0%Bagalkot, Karnataka, India

To see the full peer comparison of Aakash Motors Private Limited, buy the company report.

Auditor

Aakash Motors Private Limited is audited by M.K.LATH AND CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
M.K.LATH AND CO.FY 2023325588E

Shareholding

The shareholding of Aakash Motors 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 Aakash Motors Private Limited, buy the company report.

Charges & borrowings

Open charges
₹7.4 Cr
Satisfied charges
₹8.98 Cr
Breakdown by lending institutions
Axis Bank Limited₹5.00 Cr
Others₹2.40 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
16 Aug 2024100990682Axis Bank Limited₹5 CrOpen
05 Aug 2020100362506Others₹2.4 CrOpen
13 Jul 201510580956Indusind Bank Ltd.₹3 CrSatisfied
04 Mar 201110281121Others₹3.5 CrSatisfied
02 Mar 200710041511Punjab National Bank₹1.5 CrSatisfied

To see the full charge records of Aakash Motors Private Limited, buy the company report.

Total charge records: 8 View all charges

MSME payment delays

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

Employees & EPFO

Aakash Motors Private Limited has a workforce of 30 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.

Employee count
30
Active EPFO establishments
1

GST

Aakash Motors has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
21AAECA1678B1ZAOdishaActive01 Jul 2017

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

Recent activity

Aakash Motors Private Limited has 4 board changes on record since 1998: 3 appointments and 1 cessation. The latest: Kishanlal Agrawal ceased to be Director on 03 Feb 2021.

Charges
A charge registered on 04 Mar 2011 via Charge ID 10281121 with Others was fully satisfied on 11 Dec 2025.
AGM
Aakash Motors Private Limited last Annual general meeting of members was held on 12 Sep 2025 as per latest MCA records.
Filing
Aakash Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Cuttack.
Charges
A charge with Axis Bank Limited amounted to Rs. 499.99 Lakh with Charge ID 100990682 was registered on 16 Aug 2024.
Charges
A charge with Others of Rs. 240.00 Lakh registered on 05 Aug 2020 with Charge ID 100362506 was modified on 19 Jul 2024.
Charges
A charge registered on 13 Jul 2015 via Charge ID 10580956 with Indusind Bank Ltd. was fully satisfied on 21 Jul 2023.
Ceased
Kishanlal Agrawal ceased to be Director.
Charges
A charge with Others amounted to Rs. 240.00 Lakh with Charge ID 100362506 was registered on 05 Aug 2020.
Charges
A charge with Others of Rs. 350.00 Lakh registered on 04 Mar 2011 with Charge ID 10281121 was modified on 18 Mar 2019.
Charges
A charge registered on 15 Dec 2005 via Charge ID 90080548 with Hdfc Bank Ltd. was fully satisfied on 20 Jun 2016.
Charges
A charge with Indusind Bank Ltd. amounted to Rs. 300.00 Lakh with Charge ID 10580956 was registered on 13 Jul 2015.
Charges
A charge registered on 02 Mar 2007 via Charge ID 10041511 with Punjab National Bank was fully satisfied on 28 Jun 2011.

13 earlier events are in the company report.

Frequently asked questions

Aakash Motors is an active private limited company based in Bargarh, Odisha, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 18 December 1998 (28+ years old) and is registered under CIN U50401OR1998PTC005583.

Aakash Motors has 2 current directors:

The latest financial statements of Aakash Motors on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 12 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Aakash Motors is 21AAECA1678B1ZA, registered in Odisha.

The CIN (Corporate Identification Number) of Aakash Motors is U50401OR1998PTC005583. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Aakash Motors has 4 court cases on record: 3 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.

Aakash Motors was incorporated on 18 December 1998, making it 28+ years old. It is registered with the Registrar of Companies, Cuttack.

The peers of Aakash Motors by revenue are Deshmukh Motors Private Limited, Bhagirath Wheels Private Limited, Vijay Motowings Private Limited, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).

Kishanlal Agrawal ceased to be Director on 03 Feb 2021. Sarojdevi Agrawal was appointed as Director on 01 Nov 2009. Aakash Kumar Agrawal was appointed as Director on 18 Dec 1998. Aakash Motors has 4 board changes on record in total.

Yes, Aakash Motors is registered as a small enterprise under Udyam registration (number: UDYAM-OD-04-0000765).

The registered office of Aakash Motors is at Bhatli Chowk N.H. – 6, Bargarh, Odisha, India – 768028.