Balaji Auto Enterprises (Mysore) Private Limited

Balaji Auto Enterprises (Mysore) Private Limited - automotive in Mysore, Karnataka, India. FY 2026 financials & compliance.
CIN U50100KA2009PTC051651 Incorporated 27 November 2009 ROC Bangalore HQ Mysore, Karnataka, India
Active Private Limited Company automotive MSME · Medium
Revenue · FY 2024
₹238.81 Cr
▲ 50% YoY
Net profit · FY 2024
₹3.96 Cr
Net margin 1.7%
EBITDA · FY 2024
₹8.79 Cr
EBITDA margin 3.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹42.76 Cr
Satisfied ₹8.5 Cr
Company age
17 yrs
Est. 2009
Employees · EPFO
180
Provident fund records

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

CIN U50100KA2009PTC051651
Registration Number 051651
Incorporation Date 27 November 2009
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-22-0006823

Recognitions & Rankings of Balaji Auto Enterprises (Mysore)

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-KR-22-0006823

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
  • Social Media
  • Registered Address
    Plot No.33 – A Sy No.70/1 70/2 & 170 Hootagally Koorgalli Village & Post Yelwala Hobli, Mysore, Karnataka, India – 570018
  • Industry
    Automotive, Auto Dealership & Trading

To see the full contact details of Balaji Auto Enterprises (Mysore) Private Limited, buy the company report.

Comprehensive company report
Balaji Auto Enterprises (Mysore) Private Limited - 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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Brands

Balaji Auto Enterprises (Mysore) operates one associated brand: Palace Toyota. Each brand links to its own profile.

BrandDescriptionWebsite
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 codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail 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 available

Balaji Auto Enterprises (Mysore) Private Limited reported revenue of ₹238.81 Cr (up 50% YoY) for FY 2024.

Revenue · FY 2024
₹238.81 Cr ▲ 50%
Net profit · FY 2024
₹3.96 Cr margin 1.7%
EBITDA · FY 2024
₹8.79 Cr margin 3.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 50%
3 years · compounded
▲ 38%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 17%
5 years · compounded
▲ 10%

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

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₹8.79 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹3.96 Cr
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 Margin3.7%
Net Profit Margin1.7%
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 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.

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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
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 Cr1.7%50.0%180Mysore, 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 firmFinancial yearFirm registration number
PERUMAL AND ASSOCIATESFY 2023022733S

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 categoryFY 2023FY 2022FY 2021FY 2020FY 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

Open charges
₹42.76 Cr
Satisfied charges
₹8.5 Cr
Breakdown by lending institutions
Others₹27.86 Cr
Kotak Mahindra Prime Limited₹12.00 Cr
Hdfc Bank Limited₹2.90 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
02 Jan 2023100666014Hdfc Bank Limited₹2 CrOpen
22 Aug 2022100642303Hdfc Bank Limited₹90 LakhOpen
21 Feb 2019100239482Others₹26 LakhOpen
30 Jun 2016100039090Others₹27.6 CrOpen
16 Mar 201210353092Kotak Mahindra Prime Limited₹2 CrOpen

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.

Total deals
2
Funding round
1
Secondary share transfer
1
Disclosed funding
₹9 Lakh

Deals on record (2 of 2)

WhenDealAmountParties
Mar 2016Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Jun 2010Funding round₹9 LakhInvestors: 4 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

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.

Employee count
180
Active EPFO establishments
1
Employee growth
1.7%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-27180
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.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AADCB9614M1Z7KarnatakaActive01 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.

Charges
A charge with Others of Rs. 2,760.00 Lakh registered on 30 Jun 2016 with Charge ID 100039090 was modified on 04 Apr 2025.
AGM
Balaji Auto Enterprises (Mysore) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Balaji Auto Enterprises (Mysore) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 200.00 Lakh with Charge ID 100666014 was registered on 02 Jan 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 90.00 Lakh with Charge ID 100642303 was registered on 22 Aug 2022.
Charges
A charge with Others of Rs. 26.00 Lakh registered on 21 Feb 2019 with Charge ID 100239482 was modified on 29 Feb 2020.
Charges
A charge registered on 15 May 2010 via Charge ID 10281242 with Kotak Mahindra Prime Limited was fully satisfied on 15 Apr 2019.
Charges
A charge registered on 15 May 2010 via Charge ID 10225004 with Kotak Mahindra Prime Limited was fully satisfied on 15 Apr 2019.
Charges
A charge with Others amounted to Rs. 26.00 Lakh with Charge ID 100239482 was registered on 21 Feb 2019.
Charges
A charge with Others amounted to Rs. 2,760.00 Lakh with Charge ID 100039090 was registered on 30 Jun 2016.
Appointed
Krishnamurthy Vijaya was appointed as Director.
Charges
A charge with Kotak Mahindra Prime Limited amounted to Rs. 200.00 Lakh with Charge ID 10353092 was registered on 16 Mar 2012.

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:

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).