MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-TS-09-0005484
Adapt Motors Private Limited - automotive in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.52 Cr
▼ 19% YoY
Net loss · FY 2024
₹27,138
Net margin -0.1%
EBITDA · FY 2024
₹32.64 Lakh
EBITDA margin 13%
Authorised capital
₹2.86 Cr
Registered with MCA
Paid-up capital
₹2.86 Cr
Issued & subscribed
Open charges
₹1.15 Cr
Secured borrowings
Company age
11 yrs
Est. 2015
Employees · EPFO
5
Provident fund records
About Adapt Motors Private Limited
Data last updated:
Adapt Motors Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the electrical and bio fuel vehicles segment of the automotive sector. It was incorporated on 07 October 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U29253TG2015PTC101030. Its GSTIN is 36AANCA8077B1ZJ (Telangana).
The company has an authorised share capital of ₹2.86 Cr and a paid-up capital of ₹2.86 Cr. It was formerly known as Adapt Wasan E-Vehicles Private Limited. It is led by directors including Bharath Mamidoju (Managing Director) and Anuradha Parupati.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.52 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net loss of ₹27,138 (net margin -0.1%) and EBITDA of ₹32.64 Lakh (EBITDA margin 13%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 7% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Adapt Motors. As per MCA filings, the company has open charges of ₹1.15 Cr on record. Court records list 3 cases involving the company, including 3 filed against it. The company has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹2.66 Cr; the latest was in September 2021. Its 4 peer companies in the Automobiles industry (Electric and Bio Fuel Vehicles), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles) are compared by revenue, 2 larger and 2 smaller; the largest is Vakra Tundaya Namaha Private Limited with revenue of ₹2.56 Cr.
Adapt Motors Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-09-0005484). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website adaptmotors.com.
Company details
CIN U29253TG2015PTC101030
Registration Number 101030
Incorporation Date 07 October 2015
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TS-09-0005484
Name history
Adapt Motors has undergone 2 name changes throughout its history. The company was previously known as Adapt Wasan E-Vehicles Private Limited, and Adapt Motors Private Limited. The current legal name is Adapt Motors Private Limited.
| Company Name | Status |
|---|---|
| Adapt Motors Private Limited | Current |
| Adapt Wasan E-Vehicles Private Limited | Previous |
Recognitions & Rankings of Adapt Motors
Contact details
Adapt Motors Private Limited's registered office is in Hyderabad, Telangana. Its website is adaptmotors.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressH.No: 4 – 12 – 1088/1/5 Sp/5 Mp/1 First Floor Swathi Nivas Sushma Sai Nagar Vanastha, Lipuram, Hyderabad, Telangana, India – 500070
- IndustryAutomotive, Electrical and Bio Fuel Vehicles
To see the full contact details of Adapt Motors Private Limited, buy the company report.
Comprehensive company report
Adapt 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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Brands
Adapt Motors operates one associated brand: Adapt Motors. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Electric three-wheelers with lithium-ion batteries are manufactured in India. | adaptmotors.com |
Business activity
The main business activity of Adapt Motors is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles |
To see the full business activity and turnover split of Adapt Motors Private Limited, buy the company report.
Financials of Adapt Motors Private Limited
FY 2024 filings availableAdapt Motors Private Limited reported revenue of ₹2.52 Cr (down 19% YoY) for FY 2024.
Revenue · FY 2024
₹2.52 Cr ▼ 19%
Net loss · FY 2024
₹27,138 margin -0.1%
EBITDA · FY 2024
₹32.64 Lakh margin 13%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 19%
3 years · compounded
▲ 8%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▼ 16%
3 years · compounded
▼ 9%
5 years · compounded
▲ 1%
Revenue fell 19% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 16% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹32.64 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹27,138 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13% | ||||
| Net Profit Margin | -0.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Adapt Motors Private Limited, buy the company report.
Board of directors of Adapt Motors Private Limited
Adapt Motors has 3 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 |
|---|---|---|---|---|
| Anuradha Parupati | Director | 24 Feb 2016 | 10 Years 7 Months | Current |
| Bharath Mamidoju | Managing Director | 07 Oct 2015 | 11 Years 0 Months | Current |
| Ramadevi Mamidoju | Director | 24 Feb 2016 | 10 Years 7 Months | Current |
Peer comparison
Adapt Motors Private Limited is compared with the 4 companies closest to it by revenue in the Automobiles industry (Electric and Bio Fuel Vehicles), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vakra Tundaya Namaha Private Limited | ₹2.56 Cr (FY 2024) | 1541.0% | Kolkata, West Bengal, India | |||
| Zesar Motors Private Limited | ₹2.54 Cr (FY 2025) | 140.0% | Ahmedabad, Gujarat, India | |||
| Adapt Motors Private Limitedthis company | ₹2.52 Cr (FY 2024) | -₹27,138 | -0.1% | -19.0% | 5 | Hyderabad, Telangana, India |
| Smartomatic Vehicles Private Limited | ₹2.51 Cr (FY 2025) | -33.0% | Bhagalpur, Bihar, India | |||
| Star Iglobal Automotive Private Limited | ₹2.46 Cr (FY 2025) | -75.0% | Satna, Madhya Pradesh, India |
To see the full peer comparison of Adapt Motors Private Limited, buy the company report.
Auditor
Adapt Motors Private Limited is audited by PST & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PST & Associates | FY 2022 | 019564S |
Shareholding
The shareholding of Adapt Motors Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | 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 Adapt Motors Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.15 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Dec 2019 | 100313878 | State Bank of India | ₹10 Lakh | Open | |
| 19 Jun 2017 | 100122476 | Others | ₹25 Lakh | Open | |
| 18 Aug 2016 | 100055037 | Others | ₹80 Lakh | Open |
To see the full charge records of Adapt Motors Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Adapt Motors Private Limited has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹2.66 Cr; the latest was in September 2021.
Total deals
4
Funding rounds
2
Rights issue
1
Secondary share transfer
1
Disclosed funding
₹2.66 Cr
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2021 | Funding round | ₹1.44 Cr | Investors: an individual |
| Feb 2021 | Rights issue | ₹21.6 Lakh | Investors: 3 individuals |
| Sep 2016 | Funding round | ₹1.23 Cr | Investors: 4 individuals |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Adapt Motors Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Total cases
3
Filed against the company
3
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by Wuerth India Pvt. Ltd. | Disposed |
| District court, Hyderabad CCC, Telangana | Civil suit | Filed against the company by State Bank of India | Disposed |
| District court, CHIKKABALLAPUR, Karnataka | Criminal complaint | Filed against the company by M/S. Maheshwari Motors | Disposed |
To see the full case history of Adapt Motors 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 Adapt Motors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Adapt Motors Private Limited has a workforce of 5 employees on its EPFO records as of Sep 29, 2024, across 1 active EPFO establishment.
Employee count
5
Active EPFO establishments
1
Employee growth
-44.44%
GST
Adapt Motors has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AANCA8077B1ZJ | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Adapt Motors Private Limited, buy the company report.
Recent activity
Adapt Motors Private Limited has 13 board changes on record since 2015: 3 appointments and 10 cessations. The latest: Maha Lakshmi Mamidoju ceased to be Director on 11 Jun 2022.
AGM
Adapt Motors Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Adapt Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Ceased
Maha Lakshmi Mamidoju ceased to be Director.
Ceased
Rajitha Reddy Ashannagari ceased to be Director.
Charges
A charge with Others of Rs. 0.80 Cr registered on 18 Aug 2016 with Charge ID 100055037 was modified on 30 Mar 2020.
Charges
A charge with State Bank Of India amounted to Rs. 0.10 Cr with Charge ID 100313878 was registered on 24 Dec 2019.
Ceased
Pawan Kumar Acharya ceased to be Director.
Ceased
Ashannagari Jeevan Reddy ceased to be Director.
Ceased
Madhukar Reddy Parupati ceased to be Director.
Ceased
Karan Kumar Nayyar ceased to be Director.
Charges
A charge with Others amounted to Rs. 0.25 Cr with Charge ID 100122476 was registered on 19 Jun 2017.
Charges
A charge with Others amounted to Rs. 0.80 Cr with Charge ID 100055037 was registered on 18 Aug 2016.
8 earlier events are in the company report.
Frequently asked questions
Adapt Motors is an active private limited company based in Hyderabad, Telangana, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 07 October 2015 (11+ years old) and is registered under CIN U29253TG2015PTC101030.
Adapt Motors has 3 current directors:
- Bharath Mamidoju - Managing Director
- Anuradha Parupati - Director
- Ramadevi Mamidoju - Director
The latest financial statements of Adapt Motors on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Adapt Motors is 36AANCA8077B1ZJ, registered in Telangana.
The CIN (Corporate Identification Number) of Adapt Motors is U29253TG2015PTC101030. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adapt Motors has 3 court cases on record: 3 filed against it.
Adapt Motors was incorporated on 07 October 2015, making it 11+ years old. It is registered with the Registrar of Companies, Hyderabad.
Adapt Motors has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹2.66 Cr; the latest was in September 2021.
The peers of Adapt Motors by revenue are Vakra Tundaya Namaha Private Limited, Zesar Motors Private Limited, Smartomatic Vehicles Private Limited, Star Iglobal Automotive Private Limited, all in the Automobiles industry (Electric and Bio Fuel Vehicles), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles).
Maha Lakshmi Mamidoju ceased to be Director on 11 Jun 2022. Rajitha Reddy Ashannagari ceased to be Director on 11 Jun 2022. Pawan Kumar Acharya ceased to be Director on 18 Feb 2019. Adapt Motors has 13 board changes on record in total.
Yes, Adapt Motors is registered as a micro enterprise under Udyam registration (number: UDYAM-TS-09-0005484).