Advance Auto Concepts Private Limited
About Advance Auto Concepts Private Limited
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Advance Auto Concepts Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the motor vehicle segment of the automobiles sector. It was incorporated on 30 January 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U35900MH1996PTC096740. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.02 Lakh. It is led by directors Sudhir Shah and Shrikant Vinondchandra Shah.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at B/7 Sneh Sadan N Gamadia Road Gamdevi, Mumbai, Maharashtra, India – 400026.
As per the financials filed for FY 2020, the company reported a revenue of ₹30.69 Lakh, a growth of 67% compared to the previous year. For the same year it recorded a net loss of ₹3.67 Lakh (net margin -12%) and EBITDA of -₹96,552 (EBITDA margin -3.1%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 17% over five years.
Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Advance Auto Concepts Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressB/7 Sneh Sadan N Gamadia Road Gamdevi, Mumbai, Maharashtra, India – 400026
- IndustryAutomobile, Motor Vehicle, Trailers, Semi Trailers, Other Transport Vehicles
To see the full contact details of Advance Auto Concepts Private Limited, buy the company report.
- 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
Business activity
The main business activity of Advance Auto Concepts 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 Advance Auto Concepts Private Limited, buy the company report.
Financials of Advance Auto Concepts Private Limited
FY 2020 filings availableAdvance Auto Concepts Private Limited reported revenue of ₹30.69 Lakh (up 67% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 67% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 17%. EBITDA rose 96% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹30.69 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹96,552 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.67 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.1% | ||||
| Net Profit Margin | -12% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Advance Auto Concepts Private Limited, buy the company report.
Board of directors of Advance Auto Concepts Private Limited
Advance Auto Concepts has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhir Shah Also directs: Msco Healthcare Products Private Limited | Director | 30 Jan 1996 | 30 Years 8 Months | Current |
| Shrikant Vinondchandra Shah Also directs: Msco Healthcare Products Private Limited | Director | 30 Jan 1996 | 30 Years 8 Months | Current |
Auditor
Advance Auto Concepts Private Limited is audited by AVINASHJEEVANUTGIKAR for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AVINASHJEEVANUTGIKAR | FY 2017 | 037025 |
Shareholding
The shareholding of Advance Auto Concepts Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Advance Auto Concepts Private Limited, buy the company report.
Legal cases
Advance Auto Concepts Private Limited has 2 court cases on record: 2 filed by Advance Auto Concepts. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (NMA) | Filed by the company against The Commissioner of Central Excise, Pune-I Commissionerate | Disposed |
| Bombay High Court | Tax appeal | Filed by the company against The Commissioner of Central Excise, Pune-I Commissionerate | Disposed |
To see the full case history of Advance Auto Concepts 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 Advance Auto Concepts Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Advance Auto Concepts has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Advance Auto Concepts Private Limited, buy the company report.
Recent activity
Advance Auto Concepts Private Limited has 2 board changes on record since 1996: 2 appointments. The latest: Shrikant Vinondchandra Shah was appointed as Director on 30 Jan 1996.
Frequently asked questions
Advance Auto Concepts is an active private limited company based in Mumbai, Maharashtra, India. The company works in motor vehicle, within the automobile industry. It was incorporated on 30 January 1996 (30+ years old) and is registered under CIN U35900MH1996PTC096740.
Advance Auto Concepts has 2 current directors:
- Sudhir Shah - Director
- Shrikant Vinondchandra Shah - Director
The latest financial statements of Advance Auto Concepts on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
No. Advance Auto Concepts has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Advance Auto Concepts is U35900MH1996PTC096740. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Advance Auto Concepts has 2 court cases on record: 2 filed by the company.
Advance Auto Concepts was incorporated on 30 January 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
Shrikant Vinondchandra Shah was appointed as Director on 30 Jan 1996. Sudhir Shah was appointed as Director on 30 Jan 1996.
The registered office of Advance Auto Concepts is at B7 Sneh Sadan N Gamadia Road Gamdevi, Mumbai, Maharashtra, India – 400026.
Advance Auto Concepts operates in the automobile industry, in the motor vehicle segment.