MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0032923
Akshara Motors Private Limited - automotive in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹257.76 Cr
▼ 12% YoY
Net profit · FY 2025
₹3.47 Cr
Net margin 1.3%
EBITDA · FY 2025
₹8.18 Cr
EBITDA margin 3.2%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹5 Cr
Issued & subscribed
Open charges
₹67.05 Cr
Satisfied ₹34.23 Cr
Company age
19 yrs
Est. 2007
Employees · EPFO
490
Provident fund records
About Akshara Motors Private Limited
Data last updated:
Akshara Motors Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 07 August 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U34100KA2007PTC043553. Its GSTIN is 29AAGCA6586Q1ZO (Karnataka).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Meda Pandurangasetty Shyam (Managing Director) and Venkata Sathya Subramanyaguptha.
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 No.27/2 Raghuvanahalli Kanakapura Main Road Uttarahalli Hobli, Bangalore, Karnataka, India – 560062.
As per the financials filed for FY 2025, the company reported a revenue of ₹257.76 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹3.47 Cr (net margin 1.3%) and EBITDA of ₹8.18 Cr (EBITDA margin 3.2%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years.
The company has about 490 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Magnum Honda. As per MCA filings, the company has open charges of ₹67.05 Cr and satisfied charges of ₹34.23 Cr on record. Court records list 9 cases involving the company, including 6 filed by the company and 3 filed against it.
Akshara Motors Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0032923). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website magnumhonda.com.
Company details
CIN U34100KA2007PTC043553
Registration Number 043553
Incorporation Date 07 August 2007
ROC Bangalore
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 Medium
Udyam Registration UDYAM-KR-03-0032923
Key People
Meda Pandurangasetty Shyam Managing Director Venkata Sathya Subramanyaguptha Director Sharmila Shyam Meda Director Recognitions & Rankings of Akshara Motors
Contact details
Akshara Motors Private Limited's registered office is in Bangalore, Karnataka. Its website is magnumhonda.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.27/2 Raghuvanahalli Kanakapura Main Road Uttarahalli Hobli, Bangalore, Karnataka, India – 560062
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Akshara Motors Private Limited, buy the company report.
Comprehensive company report
Akshara 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
Akshara Motors operates one associated brand: Magnum Honda. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Honda cars are sold and serviced through Magnum Honda dealership. | magnumhonda.com |
Business activity
The main business activity of Akshara Motors is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Akshara Motors Private Limited, buy the company report.
Financials of Akshara Motors Private Limited
FY 2025 filings availableAkshara Motors Private Limited reported revenue of ₹257.76 Cr (down 12% YoY) for FY 2025.
Revenue · FY 2025
₹257.76 Cr ▼ 12%
Net profit · FY 2025
₹3.47 Cr margin 1.3%
EBITDA · FY 2025
₹8.18 Cr margin 3.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 12%
3 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▼ 24%
3 years · compounded
▼ 4%
Revenue fell 12% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA fell 24% 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 | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹8.18 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.47 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.2% | ||||
| Net Profit Margin | 1.3% | ||||
| 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 Akshara Motors Private Limited, buy the company report.
Board of directors of Akshara Motors Private Limited
Akshara Motors has 6 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 |
|---|---|---|---|---|
| Venkata Sathya Subramanyaguptha | Director | 05 Aug 2016 | 10 Years 3 Months | Current |
| Sharmila Shyam Meda | Director | 07 Aug 2007 | 19 Years 3 Months | Current |
| Nivedita Meda Shyam | Director | 05 Aug 2016 | 10 Years 3 Months | Current |
| Anupama Guptha | Director | 05 Aug 2016 | 10 Years 3 Months | Current |
| Meda Pandurangasetty Shyam | Managing Director | 07 Aug 2007 | 19 Years 3 Months | Current |
| Nikhil Gupta | Director | 05 Aug 2016 | 10 Years 3 Months | Current |
Peer comparison
Akshara Motors Private Limited is compared with the 8 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| MRB Auto Life Private Limited | ₹258.98 Cr (FY 2025) | 84.0% | Vijayawada, Andhra Pradesh, India | |||
| Narayani Motors Private Limited | ₹258.65 Cr (FY 2025) | 12.0% | Delhi, India | |||
| Tanu Motors Private Limited | ₹258.08 Cr (FY 2024) | 7.0% | Palanpur, Gujarat, India | |||
| Akshara Motors Private Limitedthis company | ₹257.76 Cr (FY 2025) | ₹3.47 Cr | 1.3% | -12.0% | 490 | Bangalore, Karnataka, India |
| Sri Vatsa International Private Limited | ₹257.64 Cr (FY 2018) | 76.0% | Nagercoil, Tamil Nadu, India | |||
| Shakti Auto Cars Private Limited | ₹257.39 Cr (FY 2025) | 29.0% | Bangalore, Karnataka, India | |||
| Goenka Autosales Private Limited | ₹257.25 Cr (FY 2025) | 24.0% | Varanasi, Uttar Pradesh, India | |||
| Vision Motors Private Limited | ₹257.07 Cr (FY 2025) | -16.0% | Ernakulam, Kerala, India | |||
| Velocity Automobiles Pvt Ltd | ₹256.7 Cr (FY 2025) | 20.0% | Madhya Pradesh, India |
To see the full peer comparison of Akshara Motors Private Limited, buy the company report.
Auditor
Akshara Motors Private Limited is audited by GNS VARAPRASAD for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GNS VARAPRASAD | FY 2023 |
Shareholding
The shareholding of Akshara 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 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 Akshara Motors Private Limited, buy the company report.
Charges & borrowings
Open charges
₹67.05 Cr
Satisfied charges
₹34.23 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Oct 2018 | 100210939 | Others | ₹10 Cr | Open | |
| 28 Mar 2012 | 10350414 | Kotak Mahindra Prime Limited | ₹2.75 Cr | Open | |
| 16 Mar 2012 | 10344154 | Others | ₹34 Cr | Open | |
| 05 May 2009 | 10161111 | Others | ₹10.3 Cr | Open | |
| 19 May 2008 | 10104724 | Kotak Mahindra Prime Limited | ₹10 Cr | Open |
To see the full charge records of Akshara Motors Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Akshara Motors Private Limited has 9 court cases on record: 6 filed by Akshara Motors, 3 filed against it. All cases are disposed.
Total cases
9
Filed by the company
6
Filed against the company
3
Disposed
9
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 1 | 0 |
| District courts | 4 | 2 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Interim or miscellaneous application | Filed against the company by HDFC Bank | Disposed |
| District court, BENGALURU, Karnataka | Criminal case | Filed by the company against HDFC Bank Limited and 1 other | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against Orix Auto Infrastructure Services Limited | Disposed |
| High Court of Karnataka | Appeal | Filed by the company against Bimal Auto Agency India Pvt. Ltd., and 5 others | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against Bimal Auto Agency India Pvt. Ltd., and 9 others | Disposed |
To see the full case history of Akshara 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.
Credit ratings & regulatory alerts
Akshara Motors Private Limited was last rated by Icra on 16 Feb 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 16 Feb 2022 |
To see the full credit ratings and regulatory alerts of Akshara Motors Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Akshara Motors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Akshara Motors Private Limited has a workforce of 490 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
Employee count
490
Active EPFO establishments
1
Employee growth
25.32%
GST
Akshara Motors has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCA6586Q1ZO | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Akshara Motors Private Limited, buy the company report.
Recent activity
Akshara Motors Private Limited has 10 board changes on record since 2007: 6 appointments and 4 cessations. The latest: Perur Phaneendra ceased to be Company Secretary on 16 Oct 2018.
Charges
A charge with Others of Rs. 34.00 Cr registered on 16 Mar 2012 with Charge ID 10344154 was modified on 04 Nov 2025.
AGM
Akshara Motors Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Akshara Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge registered on 27 Aug 2019 via Charge ID 100293900 with Others was fully satisfied on 20 Nov 2024.
Charges
A charge with Others of Rs. 10.00 Cr registered on 10 Oct 2018 with Charge ID 100210939 was modified on 27 Dec 2022.
Charges
A charge with Others amounted to Rs. 3.60 Cr with Charge ID 100293900 was registered on 27 Aug 2019.
Charges
A charge with Others of Rs. 3.60 Cr registered on 27 Aug 2019 with Charge ID 100293900 was modified on 27 Aug 2019.
Ceased
Perur Phaneendra ceased to be Company Secretary.
Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100210939 was registered on 10 Oct 2018.
Ceased
Aastha Duggal ceased to be Company Secretary.
Ceased
Meda Kasturi Ranga Panduranga Setty ceased to be Director.
Appointed
Anupama Guptha was appointed as Director.
17 earlier events are in the company report.
Frequently asked questions
Akshara Motors is an active private limited company based in Bangalore, Karnataka, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 07 August 2007 (19+ years old) and is registered under CIN U34100KA2007PTC043553.
Akshara Motors has 6 current directors:
- Meda Pandurangasetty Shyam - Managing Director
- Venkata Sathya Subramanyaguptha - Director
- Sharmila Shyam Meda - Director
- Nivedita Meda Shyam - Director
- Anupama Guptha - Director
- Nikhil Gupta - Director
The latest financial statements of Akshara Motors 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 Akshara Motors is 29AAGCA6586Q1ZO, registered in Karnataka.
The CIN (Corporate Identification Number) of Akshara Motors is U34100KA2007PTC043553. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akshara Motors has 9 court cases on record: 6 filed by the company and 3 filed against it. Most are in the high courts.
Akshara Motors was incorporated on 07 August 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Akshara Motors by revenue are MRB Auto Life Private Limited, Narayani Motors Private Limited, Tanu Motors Private Limited, Sri Vatsa International Private Limited, Shakti Auto Cars Private Limited and 3 more, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).
Perur Phaneendra ceased to be Company Secretary on 16 Oct 2018. Aastha Duggal ceased to be Company Secretary on 02 Apr 2018. Meda Kasturi Ranga Panduranga Setty ceased to be Director on 31 Mar 2018. Akshara Motors has 10 board changes on record in total.
Yes, Akshara Motors is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0032923).
Akshara Motors can be reached through the website magnumhonda.com. Its registered office is in Bangalore, Karnataka, India.
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