Bafna Auto Engineering Pvt Ltd

Bafna Auto Engineering Pvt Ltd - automotive in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U34300PN1980PTC023451 Incorporated 13 November 1980 ROC Pune HQ Pune, Maharashtra, India
Active Private Limited Company automotive MSME · Micro
Data last updated
Revenue · FY 2024
₹10.41 Lakh
▼ 47% YoY
Net loss · FY 2024
₹18.9 Lakh
Net margin -181.6%
EBITDA · FY 2024
-₹2.31 Lakh
EBITDA margin -22.2%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹3 Cr
Issued & subscribed
Open charges
₹34.81 Cr
Satisfied ₹30.45 Cr
Company age
46 yrs
Est. 1980
Directors on board
5
As per MCA filings

About Bafna Auto Engineering Pvt Ltd

Data last updated:

Bafna Auto Engineering Pvt Ltd is a private limited company based in Pune, Maharashtra, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 13 November 1980 and has been in existence for over 46 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U34300PN1980PTC023451. Its GSTIN is 27AAACB7029D1Z0 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3 Cr. It is led by directors including Hemant Bafna Satish (Whole-Time Director) and Sanjay Gulabchand Bafna (Whole-Time Director).

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Kundan 280/1 Mahamtaphule Peth Timber Market Road, Pune, Maharashtra, India – 411042.

As per the financials filed for FY 2024, the company reported a revenue of ₹10.41 Lakh, a decline of 47% compared to the previous year. For the same year it recorded a net loss of ₹18.9 Lakh (net margin -181.6%) and EBITDA of -₹2.31 Lakh (EBITDA margin -22.2%). Revenue has declined at a compounded annual rate (CAGR) of 71% over three years and 78% over five years.

As per MCA filings, the company has open charges of ₹34.81 Cr and satisfied charges of ₹30.45 Cr on record. Court records list 9 cases involving the company, including 5 filed by the company and 4 filed against it; 2 cases are pending.

Bafna Auto Engineering Pvt Ltd is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0086205). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website deccanhonda.com.

Company details

CIN U34300PN1980PTC023451
Registration Number 023451
Incorporation Date 13 November 1980
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0086205

Recognitions & Rankings of Bafna Auto Engineering

MSME (Udyam registered) Ministry of MSME
Category
Micro (2020-21)
Udyam number
UDYAM-MH-26-0086205

Contact details

Bafna Auto Engineering Pvt Ltd's registered office is in Pune, Maharashtra. Its website is deccanhonda.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Kundan 280/1 Mahamtaphule Peth Timber Market Road, Pune, Maharashtra, India – 411042
  • Industry
    Automotive, Auto Dealership & Trading

To see the full contact details of Bafna Auto Engineering Pvt Ltd, buy the company report.

Comprehensive company report
Bafna Auto Engineering Pvt Ltd - 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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Business activity

The main business activity of Bafna Auto Engineering is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Bafna Auto Engineering Pvt Ltd, buy the company report.

Financials of Bafna Auto Engineering Pvt Ltd

FY 2024 filings available

Bafna Auto Engineering Pvt Ltd reported revenue of ₹10.41 Lakh (down 47% YoY) for FY 2024.

Revenue · FY 2024
₹10.41 Lakh ▼ 47%
Net loss · FY 2024
₹18.9 Lakh margin -181.6%
EBITDA · FY 2024
-₹2.31 Lakh margin -22.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 47%
3 years · compounded
▼ 71%
5 years · compounded
▼ 78%
EBITDA CAGR growth
1 year
▲ 99%
3 years · compounded
▲ 82%
5 years · compounded
▼ 15%

Revenue has declined at a compounded annual rate (CAGR) of 78% over five years, including a 47% fall in the latest year. EBITDA rose 99% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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-₹2.31 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹18.9 Lakh
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-22.2%
Net Profit Margin-181.6%
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 Bafna Auto Engineering Pvt Ltd, buy the company report.

Board of directors of Bafna Auto Engineering Pvt Ltd

Bafna Auto Engineering has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rajendra Gulabchand BafnaDirector16 Feb 200719 Years 8 MonthsCurrent
Hemant Bafna SatishWhole-Time Director12 Dec 200223 Years 10 MonthsCurrent
Abhay Narendra BafnaDirector16 Feb 200719 Years 8 MonthsCurrent
Sanjay Gulabchand BafnaWhole-Time Director12 Dec 200223 Years 10 MonthsCurrent
Ajay Satish BafnaDirector16 Feb 200719 Years 8 MonthsCurrent

Auditor

Bafna Auto Engineering Pvt Ltd is audited by Shah Khandelwal Jain & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Shah Khandelwal Jain & AssociatesFY 2023142740W

Shareholding

The shareholding of Bafna Auto Engineering Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Bafna Auto Engineering Pvt Ltd, buy the company report.

Charges & borrowings

Open charges
₹34.81 Cr
Satisfied charges
₹30.45 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹29.79 Cr
Kotak Mahindra Prime Limited₹2.50 Cr
Tata Motors Finance Limited₹1.40 Cr
Sundaram Finance Ltd₹0.67 Cr
Shri Sainath Nagari Sahakari Patasanstha Limited₹0.40 Cr
Others₹0.05 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
06 Jun 2017100126447Hdfc Bank Limited₹29.79 CrOpen
07 Mar 201410507479Shri Sainath Nagari Sahakari Patasanstha Limited₹40 LakhOpen
31 May 201210426418Tata Motors Finance Limited₹1.4 CrOpen
16 Mar 200710044812Kotak Mahindra Prime Limited₹2.5 CrOpen
30 Jun 200610014433Sundaram Finance Ltd₹19.44 LakhOpen

To see the full charge records of Bafna Auto Engineering Pvt Ltd, buy the company report.

Total charge records: 10 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Bafna Auto Engineering Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Bafna Auto Engineering has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AAACB7029D1Z0MaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Bafna Auto Engineering Pvt Ltd, buy the company report.

Recent activity

Bafna Auto Engineering Pvt Ltd has 8 board changes on record since 2002: 5 appointments and 3 cessations. The latest: Satish Chandulal Bafna ceased to be Whole-Time Director on 08 Mar 2021.

AGM
Bafna Auto Engineering Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Bafna Auto Engineering Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Charges
A charge registered on 24 May 2004 via Charge ID 80056788 with Kotak Mahindra Bank Limited was fully satisfied on 28 Aug 2023.
Ceased
Satish Chandulal Bafna ceased to be Whole-Time Director.
Charges
A charge with Hdfc Bank Limited of Rs. 29.79 Cr registered on 06 Jun 2017 with Charge ID 100126447 was modified on 28 Nov 2020.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 29.79 Cr with Charge ID 100126447 was registered on 06 Jun 2017.
Charges
A charge with Shri Sainath Nagari Sahakari Patasanstha Limited amounted to Rs. 0.40 Cr with Charge ID 10507479 was registered on 07 Mar 2014.
Ceased
Narendra Chandulal Bafna ceased to be Whole-Time Director.
Charges
A charge with Tata Motors Finance Limited amounted to Rs. 1.40 Cr with Charge ID 10426418 was registered on 31 May 2012.
Charges
A charge with Kotak Mahindra Bank Limited of Rs. 30.45 Cr registered on 24 May 2004 with Charge ID 80056788 was modified on 19 Jan 2012.
Ceased
Gulabchand Chandulal Bafna ceased to be Managing Director.
Charges
A charge with Kotak Mahindra Prime Limited amounted to Rs. 2.50 Cr with Charge ID 10044812 was registered on 16 Mar 2007.

12 earlier events are in the company report.

Frequently asked questions

Bafna Auto Engineering is an active private limited company based in Pune, Maharashtra, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 13 November 1980 (46+ years old) and is registered under CIN U34300PN1980PTC023451.

Bafna Auto Engineering has 5 current directors:

The latest financial statements of Bafna Auto Engineering on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Bafna Auto Engineering is 27AAACB7029D1Z0, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Bafna Auto Engineering is U34300PN1980PTC023451. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Bafna Auto Engineering has 9 court cases on record: 5 filed by the company and 4 filed against it. 2 are pending. Most are in the district courts.

Bafna Auto Engineering was incorporated on 13 November 1980, making it 46+ years old. It is registered with the Registrar of Companies, Pune.

Satish Chandulal Bafna ceased to be Whole-Time Director on 08 Mar 2021. Narendra Chandulal Bafna ceased to be Whole-Time Director on 14 Mar 2013. Gulabchand Chandulal Bafna ceased to be Managing Director on 15 Mar 2011. Bafna Auto Engineering has 8 board changes on record in total.

Yes, Bafna Auto Engineering is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0086205).

Bafna Auto Engineering can be reached through the website deccanhonda.com. Its registered office is in Pune, Maharashtra, India.