- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-22-0006823
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About Balaji Auto Enterprises (Mysore) Private Limited
Data last updated:
Balaji Auto Enterprises (Mysore) Private Limited is a private limited company based in Mysore, Karnataka, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 27 November 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U50100KA2009PTC051651. Its GSTIN is 29AADCB9614M1Z7 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Krishnamurthy Vijaya and Pallikondan Krishnamurthy Sreenivasan.
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 Plot No.33 – A Sy No.70/1 70/2 & 170 Hootagally Koorgalli Village & Post Yelwala Hobli, Mysore, Karnataka, India – 570018.
As per the financials filed for FY 2024, the company reported a revenue of ₹238.81 Cr, a growth of 50% compared to the previous year. For the same year it recorded a net profit of ₹3.96 Cr (net margin 1.7%) and EBITDA of ₹8.79 Cr (EBITDA margin 3.7%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 16% over five years.
The company has about 180 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Palace Toyota. As per MCA filings, the company has open charges of ₹42.76 Cr and satisfied charges of ₹8.5 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company; 2 cases are pending. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹9 Lakh; the latest was in March 2016. Its 6 peer companies in the Automobiles industry (Auto, Auto and Components Dealers), with the same principal business activity (retail trading) are compared by revenue, 2 larger and 4 smaller; the largest is Shakti Cars Private Limited with revenue of ₹239.28 Cr.
Balaji Auto Enterprises (Mysore) Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-22-0006823). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website palacetoyota.com.
Company details
Recognitions & Rankings of Balaji Auto Enterprises (Mysore)
Contact details
Balaji Auto Enterprises (Mysore) Private Limited's registered office is in Mysore, Karnataka. Its website is palacetoyota.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No.33 – A Sy No.70/1 70/2 & 170 Hootagally Koorgalli Village & Post Yelwala Hobli, Mysore, Karnataka, India – 570018
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Balaji Auto Enterprises (Mysore) Private Limited, buy the company report.
- 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
Brands
Balaji Auto Enterprises (Mysore) operates one associated brand: Palace Toyota. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates as an authorized dealership for Toyota passenger vehicles. | palacetoyota.com |
Business activity
The main business activity of Balaji Auto Enterprises (Mysore) is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Balaji Auto Enterprises (Mysore) Private Limited, buy the company report.
Financials of Balaji Auto Enterprises (Mysore) Private Limited
FY 2024 filings availableBalaji Auto Enterprises (Mysore) Private Limited reported revenue of ₹238.81 Cr (up 50% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 50% growth in the latest year. EBITDA rose 3% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹8.79 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.96 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.7% | ||||
| Net Profit Margin | 1.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Balaji Auto Enterprises (Mysore) Private Limited, buy the company report.
Board of directors of Balaji Auto Enterprises (Mysore) Private Limited
Balaji Auto Enterprises (Mysore) has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishnamurthy Vijaya | Director | 04 Apr 2016 | 10 Years 7 Months | Current |
| Pallikondan Krishnamurthy Sreenivasan | Director | 27 Nov 2009 | 16 Years 11 Months | Current |
| Palanikondan Krishnamurthy Sridhar | Director | 27 Nov 2009 | 16 Years 11 Months | Current |
| Pallikondan Krishnamurthy Suresh | Director | 31 Dec 2011 | 14 Years 10 Months | Current |
| Rangaswamychettiar Krishnamurthy Pallikondan | Director | 27 Nov 2009 | 16 Years 11 Months | Current |
Peer comparison
Balaji Auto Enterprises (Mysore) Private Limited is compared with the 6 companies closest to it by revenue in the Automobiles industry (Auto, Auto and Components Dealers), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shakti Cars Private Limited | ₹239.28 Cr (FY 2025) | 14.0% | Shimoga, Karnataka, India | |||
| Prem Vehicles Private Limited | ₹239.01 Cr (FY 2025) | 14.0% | Agra, Uttar Pradesh, India | |||
| Balaji Auto Enterprises (Mysore) Private Limitedthis company | ₹238.81 Cr (FY 2024) | ₹3.96 Cr | 1.7% | 50.0% | 180 | Mysore, Karnataka, India |
| Shri Automobiles (Indore) Private Limited | ₹238.23 Cr (FY 2025) | 4.0% | Indore, Madhya Pradesh, India | |||
| Shri Ganga Vehicles Private Limited | ₹238.19 Cr (FY 2025) | 24.0% | Sikar, Rajasthan, India | |||
| J. S. Grover Autos Private Limited | ₹238.19 Cr (FY 2024) | 73.0% | Gurdaspur, Punjab, India | |||
| Rathod Cars Private Limited | ₹237.96 Cr (FY 2025) | 7.0% | Vapi, Gujarat, India |
To see the full peer comparison of Balaji Auto Enterprises (Mysore) Private Limited, buy the company report.
Auditor
Balaji Auto Enterprises (Mysore) Private Limited is audited by PERUMAL AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PERUMAL AND ASSOCIATES | FY 2023 | 022733S |
Shareholding
The shareholding of Balaji Auto Enterprises (Mysore) Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Balaji Auto Enterprises (Mysore) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Jan 2023 | 100666014 | Hdfc Bank Limited | ₹2 Cr | Open | |
| 22 Aug 2022 | 100642303 | Hdfc Bank Limited | ₹90 Lakh | Open | |
| 21 Feb 2019 | 100239482 | Others | ₹26 Lakh | Open | |
| 30 Jun 2016 | 100039090 | Others | ₹27.6 Cr | Open | |
| 16 Mar 2012 | 10353092 | Kotak Mahindra Prime Limited | ₹2 Cr | Open |
To see the full charge records of Balaji Auto Enterprises (Mysore) Private Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Balaji Auto Enterprises (Mysore) Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹9 Lakh; the latest was in March 2016.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jun 2010 | Funding round | ₹9 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Balaji Auto Enterprises (Mysore) Private Limited has 4 court cases on record: 4 filed by Balaji Auto Enterprises (Mysore). 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 2 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, MYSURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, MYSURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, MYSURU, Karnataka | Criminal complaint | Filed by the company against individuals | Disposed |
| District court, MYSURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Balaji Auto Enterprises (Mysore) Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Balaji Auto Enterprises (Mysore) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Balaji Auto Enterprises (Mysore) Private Limited has a workforce of 180 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 180 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Balaji Auto Enterprises (Mysore) Private Limited, buy the company report.
GST
Balaji Auto Enterprises (Mysore) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCB9614M1Z7 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Balaji Auto Enterprises (Mysore) Private Limited, buy the company report.
Recent activity
Balaji Auto Enterprises (Mysore) Private Limited has 5 board changes on record since 2009: 5 appointments. The latest: Krishnamurthy Vijaya was appointed as Director on 04 Apr 2016.
10 earlier events are in the company report.
Frequently asked questions
Balaji Auto Enterprises (Mysore) is an active private limited company based in Mysore, Karnataka, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 27 November 2009 (17+ years old) and is registered under CIN U50100KA2009PTC051651.
Balaji Auto Enterprises (Mysore) has 5 current directors:
- Krishnamurthy Vijaya - Director
- Pallikondan Krishnamurthy Sreenivasan - Director
- Palanikondan Krishnamurthy Sridhar - Director
- Pallikondan Krishnamurthy Suresh - Director
- Rangaswamychettiar Krishnamurthy Pallikondan - Director
The latest financial statements of Balaji Auto Enterprises (Mysore) 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 Balaji Auto Enterprises (Mysore) is 29AADCB9614M1Z7, registered in Karnataka.
The CIN (Corporate Identification Number) of Balaji Auto Enterprises (Mysore) is U50100KA2009PTC051651. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Balaji Auto Enterprises (Mysore) has 4 court cases on record: 4 filed by the company. 2 are pending.
Balaji Auto Enterprises (Mysore) was incorporated on 27 November 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.
Balaji Auto Enterprises (Mysore) has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹9 Lakh; the latest was in March 2016.
The peers of Balaji Auto Enterprises (Mysore) by revenue are Shakti Cars Private Limited, Prem Vehicles Private Limited, Shri Automobiles (Indore) Private Limited, Shri Ganga Vehicles Private Limited, J. S. Grover Autos Private Limited and 1 more, all in the Automobiles industry (Auto, Auto and Components Dealers), with the same principal business activity (retail trading).
Krishnamurthy Vijaya was appointed as Director on 04 Apr 2016. Pallikondan Krishnamurthy Suresh was appointed as Director on 31 Dec 2011. Palanikondan Krishnamurthy Sridhar was appointed as Director on 27 Nov 2009. Balaji Auto Enterprises (Mysore) has 5 board changes on record in total.
Yes, Balaji Auto Enterprises (Mysore) is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-22-0006823).

