About Modi Tyres
Modi Tyres is a Transportation, Automotive & Logistics company based in Meerut (India) founded in 2020. It produces high-quality automotive tyres for various applications. It operates on a B2B model. Its Indian entity Ajit Tyres Private Limited reported revenue of ₹27.74 Cr. Its focus areas include Manufacturing, Automotive, Tyre Production and High-Quality Manufacturing. Its competitors include Michelin, Bridgestone, Pirelli, Goodyear and Nokian Tyres and 5 more.
Company details
Modi Tyres, founded in 2020 in Meerut, India, focuses on producing manufactured goods, dealing with automotive parts, tyre production, and high-quality manufacturing. Produces high-quality automotive tyres for various applications. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Headquarters Meerut, India
- SectorsTransportation, Automotive & Logistics
- Website mtcpl.in
- Legal Name Ajit Tyres Private Limited
- Date of Incorporation 30 May, 2000
- Jurisdiction Patna, Bihar, India
- Annual Revenue₹27.74 Cr
FY 2025 · 0% YoY
- Net Profit₹11.4 Lakh
FY 2025 · 0% margin
- EBITDA₹39.9 Lakh
FY 2025 · 1% margin
Associated legal entities of Modi Tyres
Modi Tyres operates through Ajit Tyres Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ajit Tyres Private Limited CIN U00061BR2000PTC009308 | Active | 30 May 2000 | Patna, Bihar | ₹27.7 Cr | – | 3 | View details |
Board of directors of Ajit Tyres Private Limited (Modi Tyres)
Ajit Tyres Private Limited is the primary company behind Modi Tyres. The board of Ajit Tyres Private Limited currently have 3 directors; the longest-serving is Sanjiv Kumar Jha, appointed in 2000. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sanjiv Kumar Jha DIN 00883351 | Managing Director | 30 May 2000 | 26 yrs 4 mo | Ajit Tyres Private Limited |
| Ajit Kumar Jha DIN 00883362 | Director | 30 May 2005 | 21 yrs 4 mo | Ajit Tyres Private Limited |
| Tarun Kumar Mishra DIN 10494506 | Director | 06 Feb 2024 | 2 yrs 8 mo | Ajit Tyres Private Limited |
People of Modi Tyres
4 people are tracked at Modi Tyres (1 in leadership, 3 in team).
| Name | Role | Group |
|---|---|---|
Alok Kumar Modi | Managing Director | Leadership |
Akash Upadhyay | Production Excutive | Team |
Shivam Bhardwaj | Rubber Technical | Team |
Yashwant Singh | Dy. Manager | Team |
Complete people profiles for Modi Tyres
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Verified entity values are shown only after access is granted.
Financials of Modi Tyres
Figures of Ajit Tyres Private Limited, the primary company behind Modi Tyres, for FY 2025. Revenue was ₹27.74 Cr (0% year on year). Net profit was ₹11.4 Lakh (0% margin). EBITDA was ₹39.9 Lakh (1% margin). Revenue has grown at a compounded annual rate of +9% over three years and -6% over five years.
- ₹27.74 CrRevenue · FY 2025 · 0% YoY
- ₹11.4 LakhNet profit · 0% margin
- ₹39.9 LakhEBITDA · 1% margin
- ₹99.2 LakhPaid-up capital
- +9%Revenue CAGR, 3 years
- -6%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ajit Tyres Private Limited are on its company page.
Detailed financial statements for Modi Tyres
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Competitors of Modi Tyres
Modi Tyres has 10 listed competitors in our database. They include Michelin, Bridgestone, Pirelli, Goodyear and Nokian Tyres, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| michelin.com | 1889 | Clermont Ferrand, France | – | 364 | Composites, tires, and components are manufactured for diverse industries. | |
| bridgestone.com | 1931 | Tokyo, Japan | – | 116 | Bridgestone is recognized as a global tire manufacturer. | |
| pirelli.com | 1872 | Milan, Italy | – | – | Manufacturer and supplier of tyres | |
| goodyear.com | 1898 | Akron, United States | – | 814 | Tires for vehicles and machinery are manufactured and supplied worldwide. | |
| nokiantyres.com | 1898 | Nokia, Finland | – | – | Manufacturer and supplier of tyres | |
| continental-tires.com | 1871 | Hannover, Germany | – | – | Automotive tires are manufactured and supplied worldwide by Continental Tires. | |
| jktyre.com | 1951 | Delhi, India | – | 6,275 | Manufacturer of tyres for automobiles | |
| michelinman.com | 1950 | Greenville, United States | – | 112,800 | Manufacturer and supplier of tires | |
| ceat.com | 1958 | Mumbai, India | – | 6,743 | Manufacturer of tires for passenger & commercial vehicles | |
| carlstargroup.com | 1995 | Franklin, United States | – | 1,361 | Manufacturer and supplier of tires to aftermarket |
Detailed competitors of Modi Tyres
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- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Top companies in Automotive Manufacturing & Components
10 companies that operate in the same segment as Modi Tyres (Automotive Manufacturing & Components), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of infotainment and audio solutions for multiple sectors | 1980 | Stamford, Connecticut, United States | – | – | – | |
Manufacturer of gas-powered construction equipment | 1919 | United States | – | USD 1.21 B | 5,230 | |
Electrical and electronic parts for automobiles are provided by SEDEMAC. | 2007 | Pune, Maharashtra, India | USD 26.22 M | USD 32.69 M | 415 | |
Manufacturer of forklifts, warehouse equipment and other industrial trucks | 2006 | Germany | USD 587.14 M | USD 13.28 B | 42,720 | |
Automobiles and related products are manufactured by Volvo Cars. | 1927 | Goteborg, Vastra Gotaland, Sweden | USD 1.07 B | USD 38.79 B | 42,600 | |
Motor vehicles and parts are manufactured, imported, distributed, and sold. | 1994 | Irvine, California, United States | – | USD 79.03 B | 35,750 | |
Automotive manufacturing company | 1916 | Munchen, Bayern, Germany | – | USD 156.8 B | – | |
Rechargeable batteries are distributed globally by BYD. | 1994 | Los Angeles, California, United States | – | – | 269 | |
Automotive vehicles including cars, trucks, and SUVs are manufactured. | 1957 | Plano, Texas, United States | – | – | – | |
Motorcycles are manufactured, along with parts, apparel, and financial services. | 1903 | Milwaukee, Wisconsin, United States | – | USD 4.47 B | 5,900 |
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Frequently Asked Questions about Modi Tyres
Modi Tyres was founded in 2020.
Modi Tyres is headquartered in Meerut, India. It is registered at Meerut, Uttar Pradesh, India.
The primary company behind Modi Tyres, Ajit Tyres Private Limited, reported revenue of ₹27.74 Cr for FY 2025, down 0% year on year.
Modi Tyres, founded in 2020 in Meerut, India, focuses on producing manufactured goods, dealing with automotive parts, tyre production, and high-quality manufacturing. Produces high-quality automotive tyres for various applications. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Modi Tyres operates through Ajit Tyres Private Limited.
The legal entities of Modi Tyres currently have 3 directors, including Tarun Kumar Mishra, Ajit Kumar Jha, Sanjiv Kumar Jha.