Hora Motors

Gorakhpur, India Founded: 2010 • Age: 16 yrs
Authorized dealership for Mahindra vehicles with sales, services, and financing.

About Hora Motors

Hora Motors is a Transportation, Automotive & Logistics company based in Gorakhpur (India) founded in 2010. Authorized dealership for Mahindra vehicles with sales, services, and financing. It operates on a B2C and D2C model. The company has 88 employees. Its Indian entity Hora Motors Pvt Ltd reported revenue of β‚Ή207 Cr. Hora Motors offers products and services including Thar ROXX, XUV 3XO, Scorpio N, XUV700, and Financial Services. Its focus areas include Consumer, Automotive, Vehicle Sales and Car Dealership. Similar companies include Popular Vehicles & Services, MG Motor India and TVS Mobility; 1 of its 3 listed similar companies has raised funding.

Company details

Hora Motors , Established In 2010, Operates As An Authorized Mahindra Sales And Service Dealership In Basti, Uttar Pradesh, India. It Offers A Range Of Vehicles Like Suvs And Trucks, Along With Services Including Financing, Insurance, Repairs, And Maintenance. The Company Caters To Individual And Commercial Clients, Focusing On Customer Satisfaction Through Professional Staff And Multiple Outlets In Regions Like Siddharthnagar And Sant Kabir Nagar.

  • Headquarters Gorakhpur, India
  • Employees 88
  • Sectors
    Transportation, Automotive & Logistics
  • Email
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  • Phone
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  • Website horamotors.com
  • Legal Name Hora Motors Pvt Ltd
  • Date of Incorporation 08 May, 2006
  • Jurisdiction Sant Kabir Nagar, Uttar Pradesh, India
Key Metrics
  • Annual Revenue
    ₹207 Cr

    FY 2024 · +19% YoY

  • Net Profit
    ₹2.61 Cr

    FY 2024 · 1% margin

  • EBITDA
    ₹5.95 Cr

    FY 2024 · 3% margin

  • Employee Count
    88

Products & Services of Hora Motors

Hora Motors offers a comprehensive portfolio of products and services, including Thar ROXX, XUV 3XO, Scorpio N, XUV700, and Financial Services.

Thar ROXX
SUV

Mahindra SUV model designed for off-road performance and durability.

XUV 3XO
SUV

Compact Mahindra SUV offering modern features and family suitability.

Scorpio N
SUV

Mahindra SUV with advanced safety and performance capabilities.

XUV700
SUV

Premium Mahindra SUV focused on comfort and technology.

Financial Services
Support Services

Financing and insurance options for vehicle purchases.

Board of directors of Hora Motors Pvt Ltd (Hora Motors)

Hora Motors Pvt Ltd is the primary company behind Hora Motors. The board of Hora Motors Pvt Ltd currently have 2 directors; the longest-serving is Pallavi Singh, appointed in 2006. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Pallavi Singh
DIN 01399555
Director08 May 200620 yrs 5 moHora Motors Pvt Ltd
Ravneet Singh
DIN 01006135
Director25 Nov 200817 yrs 11 moHora Motors Pvt Ltd

Financials of Hora Motors

Figures of Hora Motors Pvt Ltd, the primary company behind Hora Motors, for FY 2024. Revenue was ₹207 Cr (+19% year on year). Net profit was ₹2.61 Cr (1% margin). EBITDA was ₹5.95 Cr (3% margin). Revenue has grown at a compounded annual rate of +27% over three years and +2% over five years.

  • ₹207 CrRevenue · FY 2024 · +19% YoY
  • ₹2.61 CrNet profit · 1% margin
  • ₹5.95 CrEBITDA · 3% margin
  • ₹1.44 CrPaid-up capital
  • 88Employees (provident fund records)
  • +27%Revenue CAGR, 3 years
  • +2%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Hora Motors Pvt Ltd are on its company page.

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Detailed financial statements for Hora Motors

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Similar companies to Hora Motors

Hora Motors has 3 listed similar companies in our database, 1 of them funded. They include Popular Vehicles & Services, MG Motor India and TVS Mobility.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
popularmaruti.com1983Kochi, India$14M6,105
Car dealership group
mgmotor.co.in2017Gurugram, India2,513
Manufacturer of passenger vehicles and electric cars
tvs.in1911Madurai, India125
Dealership services for automotive vehicle sales are provided in India.
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Detailed similar companies of Hora Motors

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Verified entity values are shown only after access is granted.

Top companies in Automotive Retail & Aftersales

3 companies that operate in the same segment as Hora Motors (Automotive Retail & Aftersales) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
General and life insurance products are provided across multiple categories.
2016Bengaluru, Karnataka, IndiaUSD 462.45 MUSD 1.12 B4,589
Insurance products for vehicles, health, travel, and life are offered.
2016Bengaluru, Karnataka, IndiaUSD 746.17 MUSD 216.04 M1,306
Retailer of inspected, certified pre-owned vehicles with service and finance options
2015Gurugram, Haryana, IndiaUSD 741.46 MUSD 446.48 M5,812
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Frequently Asked Questions about Hora Motors

Hora Motors was founded in 2010.

Hora Motors is headquartered in Gorakhpur, India. It is registered at Gorakhpur, Uttar Pradesh, India.

Hora Motors has 88 employees.

The primary company behind Hora Motors, Hora Motors Pvt Ltd, reported revenue of β‚Ή207 Cr for FY 2024, up 19% year on year.

Hora Motors , Established In 2010, Operates As An Authorized Mahindra Sales And Service Dealership In Basti, Uttar Pradesh, India. It Offers A Range Of Vehicles Like Suvs And Trucks, Along With Services Including Financing, Insurance, Repairs, And Maintenance. The Company Caters To Individual And Commercial Clients, Focusing On Customer Satisfaction Through Professional Staff And Multiple Outlets In Regions Like Siddharthnagar And Sant Kabir Nagar.

Hora Motors's top competitors include Popular Vehicles & Services, MG Motor India and TVS Mobility.

Hora Motors offers Thar ROXX, XUV 3XO, Scorpio N, XUV700, and Financial Services.

Hora Motors operates through Hora Motors Pvt Ltd.

The legal entities of Hora Motors currently have 2 directors, including Ravneet Singh, Pallavi Singh.

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