
About VFM Honda
VFM Honda is a Transportation, Automotive & Logistics company based in Bengaluru (India) founded in 2017. Authorized dealership selling and servicing Honda motorcycles, scooters, and providing financing. It operates on a B2C and D2C model in Transportation, Automotive & Logistics and Consumer sectors. The company has 113 employees. Its Indian entity Vfm Motors Private Limited reported revenue of βΉ92.18 Cr. VFM Honda offers products and services including Motorcycles, Scooters, Electric Vehicles, Service Center, and Financing. Its focus areas include Transportation and Mobility, Vehicle Services, Maintenance and Financing and Dealership Operations. Its competitors include Popular Vehicles & Services, Jawa Motorcycles and Rajesh Motors; 1 of its 3 listed competitors has raised funding.
Company details
VFM Honda operates as an authorized Honda dealership in Bangalore, India, selling a range of motorcycles, scooters, and electric vehicles. It provides services such as maintenance, financing, insurance, and spare parts through multiple branches. The company serves individual customers with reliable vehicle options and after-sales support, emphasizing customer-focused retail activities in the automotive sector.
- Headquarters Bengaluru, India
- Employees 113
- SectorsTransportation, Automotive & LogisticsConsumer
- Emailβ’β’β’β’β’β’β’β’
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- Website vfmhonda.com
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- Legal Name Vfm Motors Private Limited
- Date of Incorporation 20 Jan, 2010
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹92.18 Cr
FY 2024 · +21% YoY
- Net Profit₹1.84 Cr
FY 2024 · 2% margin
- EBITDA₹6.16 Cr
FY 2024 · 7% margin
- Employee Count113
Associated legal entities of VFM Honda
VFM Honda operates through Vfm Motors Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Vfm Motors Private Limited CIN U50100KA2010PTC052230 | Active | 20 Jan 2010 | Bangalore, Karnataka | ₹92.2 Cr | 113 | 3 | View details |
Products & Services of VFM Honda
VFM Honda offers a comprehensive portfolio of products and services, including Motorcycles, Scooters, Electric Vehicles, Service Center, and Financing.
Sales of Honda motorcycles for personal transportation.
Sales of Honda scooters for urban commuting.
Sales of Honda EVs for eco-friendly mobility.
Vehicle repair and maintenance for Honda products.
Loan and financing options for vehicle purchases.
Insurance plans for Honda vehicles and services.
Board of directors of Vfm Motors Private Limited (VFM Honda)
Vfm Motors Private Limited is the primary company behind VFM Honda. The board of Vfm Motors Private Limited currently have 3 directors; the longest-serving is Mandeep Singh Chandok, appointed in 2010. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mandeep Singh Chandok DIN 00606321 | Director | 20 Jan 2010 | 16 yrs 9 mo | Vfm Motors Private Limited |
| Simran Chandok DIN 00473365 | Director | 20 Jan 2010 | 16 yrs 9 mo | Vfm Motors Private Limited |
| Tanveer Singh Chandok DIN 10398890 | Additional Director | 20 Feb 2025 | 1 yr 8 mo | Vfm Motors Private Limited |
People of VFM Honda
2 people are tracked at VFM Honda (2 in leadership); the tracked headcount is 113.
| Name | Role | Group |
|---|---|---|
| Managing Director | Leadership | |
Harmehr Chandok | Head Of Operations | Leadership |
Complete people profiles for VFM Honda
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- Full employee list
- Team structure
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Financials of VFM Honda
Figures of Vfm Motors Private Limited, the primary company behind VFM Honda, for FY 2024. Revenue was ₹92.18 Cr (+21% year on year). Net profit was ₹1.84 Cr (2% margin). EBITDA was ₹6.16 Cr (7% margin). Revenue has grown at a compounded annual rate of +33% over three years and +13% over five years.
- ₹92.18 CrRevenue · FY 2024 · +21% YoY
- ₹1.84 CrNet profit · 2% margin
- ₹6.16 CrEBITDA · 7% margin
- ₹1 LakhPaid-up capital
- 113Employees (provident fund records)
- +33%Revenue CAGR, 3 years
- +13%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Vfm Motors Private Limited are on its company page.
Detailed financial statements for VFM Honda
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of VFM Honda
VFM Honda has 3 listed competitors in our database, 1 of them funded. They include Popular Vehicles & Services, Jawa Motorcycles and Rajesh Motors.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| popularmaruti.com | 1983 | Kochi, India | $14M | 6,105 | Car dealership group | |
| jawamotorcycles.com | 1929 | Pune, India | 150 | Manufactures and markets retro-inspired motorcycles with modern features. | ||
| rajeshmotors.com | 1992 | Jaipur, India | 1,781 | Offers comprehensive automotive dealership services for vehicle sales and support. |
Detailed competitors of VFM Honda
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- Full competitor set
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Top companies in Automotive Retail & Aftersales
3 companies that operate in the same segment as VFM Honda (Automotive Retail & Aftersales) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
General and life insurance products are provided across multiple categories. | 2016 | Bengaluru, Karnataka, India | USD 462.45 M | USD 1.12 B | 4,589 | |
Insurance products for vehicles, health, travel, and life are offered. | 2016 | Bengaluru, Karnataka, India | USD 746.17 M | USD 216.04 M | 1,306 | |
Retailer of inspected, certified pre-owned vehicles with service and finance options | 2015 | Gurugram, Haryana, India | USD 741.46 M | USD 446.48 M | 5,812 |
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Frequently Asked Questions about VFM Honda
VFM Honda was founded in 2017.
VFM Honda is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
VFM Honda has 113 employees.
The primary company behind VFM Honda, Vfm Motors Private Limited, reported revenue of βΉ92.18 Cr for FY 2024, up 21% year on year.
VFM Honda operates as an authorized Honda dealership in Bangalore, India, selling a range of motorcycles, scooters, and electric vehicles. It provides services such as maintenance, financing, insurance, and spare parts through multiple branches. The company serves individual customers with reliable vehicle options and after-sales support, emphasizing customer-focused retail activities in the automotive sector.
VFM Honda's top competitors include Popular Vehicles & Services, Jawa Motorcycles and Rajesh Motors.
VFM Honda offers Motorcycles, Scooters, Electric Vehicles, Service Center, and 2 more products and services.
VFM Honda operates through Vfm Motors Private Limited.
The legal entities of VFM Honda currently have 3 directors, including Mandeep Singh Chandok, Tanveer Singh Chandok, Simran Chandok.