VFM Honda

Bengaluru, India Founded: 2017 • Age: 9 yrs
Authorized dealership selling and servicing Honda motorcycles, scooters, and providing financing.

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 β‚Ή92.18 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
  • Sectors
    Transportation, Automotive & Logistics
    Consumer
  • Email
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  • Phone
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  • Website vfmhonda.com
  • Social LinkedIn Facebook Instagram
  • Legal Name Vfm Motors Private Limited
  • Date of Incorporation 20 Jan, 2010
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • 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 Count
    113

Products & Services of VFM Honda

VFM Honda offers a comprehensive portfolio of products and services, including Motorcycles, Scooters, Electric Vehicles, Service Center, and Financing.

Motorcycles
Vehicle Sales

Sales of Honda motorcycles for personal transportation.

Scooters
Vehicle Sales

Sales of Honda scooters for urban commuting.

Electric Vehicles
Vehicle Sales

Sales of Honda EVs for eco-friendly mobility.

Service Center
Maintenance Services

Vehicle repair and maintenance for Honda products.

Financing
Financial Services

Loan and financing options for vehicle purchases.

Insurance
Financial Services

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.

DirectorDesignationAppointedTenureEntity
Mandeep Singh Chandok
DIN 00606321
Director20 Jan 201016 yrs 9 moVfm Motors Private Limited
Simran Chandok
DIN 00473365
Director20 Jan 201016 yrs 9 moVfm Motors Private Limited
Tanveer Singh Chandok
DIN 10398890
Additional Director20 Feb 20251 yr 8 moVfm Motors Private Limited

People of VFM Honda

2 people are tracked at VFM Honda (2 in leadership); the tracked headcount is 113.

NameRoleGroup
Managing DirectorLeadership
Harmehr Chandok
Head Of OperationsLeadership
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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.

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Detailed financial statements for VFM Honda

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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 NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
popularmaruti.com1983Kochi, India$14M6,105
Car dealership group
jawamotorcycles.com1929Pune, India150
Manufactures and markets retro-inspired motorcycles with modern features.
rajeshmotors.com1992Jaipur, India1,781
Offers comprehensive automotive dealership services for vehicle sales and support.
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Detailed competitors of VFM Honda

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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.

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 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 β‚Ή92.18 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.

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