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BNC Motors Private Limited - automotive in Coimbatore, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹7.77 Cr
▲ 49% YoY
Net loss · FY 2024
₹15.65 Cr
Net margin -201.3%
EBITDA · FY 2024
-₹11.62 Cr
EBITDA margin -149.4%
Authorised capital
₹9.5 Cr
Registered with MCA
Paid-up capital
₹4.42 Cr
Issued & subscribed
Open charges
₹7.16 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
225
Provident fund records
About BNC Motors Private Limited
Data last updated:
BNC Motors Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the electrical and bio fuel vehicles segment of the automotive sector. It was incorporated on 25 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U34100TZ2019PTC033213. Its GSTIN is 33AAICB8225B1Z3 (Tamil Nadu). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹9.5 Cr and a paid-up capital of ₹4.42 Cr. It was formerly known as Booma Innovative Transport Solutions Private Limited. It is led by directors including Anirudh (Whole-Time Director) and Naoya Nishimura.
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 Sf No. 248/3 & 248/4 No.3, Samian Thottam Udayampalayam Chinnavedampatti Coimbatore, Tamil Nadu, India – 641049.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.77 Cr, a growth of 49% compared to the previous year. For the same year it recorded a net loss of ₹15.65 Cr (net margin -201.3%) and EBITDA of -₹11.62 Cr (EBITDA margin -149.4%).
The company has about 225 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 1 brand: BNC Motors. As per MCA filings, the company has open charges of ₹7.16 Cr on record. The company has 19 deals on record (11 secondary share transfers, 6 funding rounds, 1 rights issue), with disclosed funding of ₹169.64 Cr; the latest was in January 2024. Its 5 peer companies in the Automobiles industry (Electric and Bio Fuel Vehicles), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles) are compared by revenue, 3 larger and 2 smaller; the largest is Shigan Evoltz Limited with revenue of ₹11.42 Cr. The company has 6 MSME Form 1 returns on record between 2022 and 2024, listing 195 overdue payments to 41 micro and small suppliers.
BNC Motors Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-03-0042262). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website boommotors.com.
Company details
CIN U34100TZ2019PTC033213
Registration Number 033213
Incorporation Date 25 December 2019
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-TN-03-0042262
Key People
Anirudh Whole-Time Director Naoya Nishimura Director Swaminathan Venkatanarayanan Director Recognitions & Rankings of BNC Motors
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-03-0042262
Contact details
BNC Motors Private Limited's registered office is in Coimbatore, Tamil Nadu. Its website is boommotors.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSf No. 248/3 & 248/4 No.3, Samian Thottam Udayampalayam Chinnavedampatti Coimbatore, Tamil Nadu, India – 641049
- IndustryAutomotive, Electrical and Bio Fuel Vehicles
To see the full contact details of BNC Motors Private Limited, buy the company report.
Comprehensive company report
BNC Motors 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
BNC Motors operates one associated brand: BNC Motors. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Electric two-wheelers with removable batteries and hub motors are manufactured. | bncmotors.in |
Business activity
The main business activity of BNC Motors is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles |
To see the full business activity and turnover split of BNC Motors Private Limited, buy the company report.
Financials of BNC Motors Private Limited
FY 2024 filings availableBNC Motors Private Limited reported revenue of ₹7.77 Cr (up 49% YoY) for FY 2024.
Revenue · FY 2024
₹7.77 Cr ▲ 49%
Net loss · FY 2024
₹15.65 Cr margin -201.3%
EBITDA · FY 2024
-₹11.62 Cr margin -149.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 49%
EBITDA CAGR growth
1 year
▼ 57%
3 years · compounded
▼ 53%
Revenue rose 49% in the latest year. EBITDA fell 57% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹7.77 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹11.62 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹15.65 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -149.4% | ||||
| Net Profit Margin | -201.3% | ||||
| 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 BNC Motors Private Limited, buy the company report.
Board of directors of BNC Motors Private Limited
BNC Motors has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anirudh Also directs: Booma Manufacturing Private Limited, Booma Motors Private Limited, Booma Energy Private Limited and 2 more | Whole-Time Director | 15 Dec 2020 | 5 Years 10 Months | Current |
| Naoya Nishimura | Director | 07 May 2024 | 2 Years 6 Months | Current |
| Swaminathan Venkatanarayanan | Director | 15 Dec 2020 | 5 Years 10 Months | Current |
| Thiruvenkatasamy Vinoth Also directs: Booma Manufacturing Private Limited, Booma Motors Private Limited, Booma Energy Private Limited and 1 more | Additional Director | 05 Aug 2025 | 1 Years 3 Months | Current |
Peer comparison
BNC Motors Private Limited is compared with the 5 companies closest to it by revenue in the Automobiles industry (Electric and Bio Fuel Vehicles), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shigan Evoltz Limited | ₹11.42 Cr (FY 2025) | 38.0% | Delhi, India | |||
| Citygreen Auto and Petrochemicals Private Limited | ₹11.06 Cr (FY 2024) | -36.0% | Delhi, India | |||
| Tri Electric Private Limited | ₹11.02 Cr (FY 2022) | 125.0% | Thiruvallur, Tamil Nadu, India | |||
| Successpath Marketing Private Limited | ₹10.78 Cr (FY 2017) | 2.0% | Delhi, India | |||
| Evex Auto India Private Limited | ₹10.59 Cr (FY 2024) | -49.0% | Gurugram, Haryana, India | |||
| BNC Motors Private Limitedthis company | ₹7.77 Cr (FY 2024) | -₹15.65 Cr | -201.3% | 49.0% | 225 | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of BNC Motors Private Limited, buy the company report.
Auditor
BNC Motors Private Limited is audited by Vishnu Daya & Co for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Vishnu Daya & Co | FY 2024 | 008456S |
Shareholding
The shareholding of BNC Motors Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of BNC Motors Private Limited, buy the company report.
Charges & borrowings
Open charges
₹7.16 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jan 2025 | 101026780 | Sidbi | ₹4.93 Cr | Open | |
| 30 Nov 2024 | 101023446 | Indian Bank | ₹2 Cr | Open | |
| 06 Aug 2024 | 100975548 | Hdfc Bank Limited | ₹23.25 Lakh | Open |
Total charge records: 3 View all charges
Deals & funding
BNC Motors Private Limited has 19 deals on record (11 secondary share transfers, 6 funding rounds, 1 rights issue), with disclosed funding of ₹169.64 Cr; the latest was in January 2024.
Total deals
19
Secondary share transfers
11
Funding rounds
6
Rights issue
1
Convertible or debt financing
1
Disclosed funding
₹169.64 Cr
Deals on record (5 of 19)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jul 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jul 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of BNC Motors Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving BNC Motors Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
BNC Motors Private Limited has 6 MSME Form 1 returns on record between 2022 and 2024, listing 195 overdue payments to 41 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 41)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Wireform Components (India) Private Limited | |||
| PSP Auto | |||
| Golden Engineering | |||
| Venkateswara Steels and Springs (India) Private Limited | |||
| an individual supplier |
To see the full MSME payment records of BNC Motors Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
BNC Motors has 3 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
3
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Booma Manufacturing Private Limited | U34101TZ2022PTC038876 | |
| Booma Motors Private Limited | U34300KA2022PTC168827 | |
| Booma Energy Private Limited | U34300TZ2023PTC040824 |
To see the full group structure of BNC Motors Private Limited, buy the company report.
Employees & EPFO
BNC Motors Private Limited has a workforce of 225 employees on its EPFO records as of Jan 2026.
Employee count
225
Employee growth
-39.2%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2025-26 | 225 |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 |
To see the full employee and EPFO history of BNC Motors Private Limited, buy the company report.
GST
BNC Motors has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAICB8225B1Z3 | Tamil Nadu | Active | 08 Jan 2020 |
| 29AAICB8225B1ZS | Karnataka | Active | 09 Mar 2021 |
To see the full GST registrations and return filing status of BNC Motors Private Limited, buy the company report.
Recent activity
BNC Motors Private Limited has 12 board changes on record since 2019: 7 appointments and 5 cessations. The latest: Thiruvenkatasamy Vinoth was appointed as Additional Director on 05 Aug 2025.
Appointed
Thiruvenkatasamy Vinoth was appointed as Additional Director.
Charges
A charge with Sidbi amounted to Rs. 4.93 Cr with Charge ID 101026780 was registered on 09 Jan 2025.
Charges
A charge with Indian Bank amounted to Rs. 2.00 Cr with Charge ID 101023446 was registered on 30 Nov 2024.
AGM
Bnc Motors Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Naoya Nishimura ceased to be Additional Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.23 Cr with Charge ID 100975548 was registered on 06 Aug 2024.
Appointed
Naoya Nishimura was appointed as Director.
Filing
Bnc Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
Appointed
Ramaswamy Subramanian was appointed as CFO.
Ceased
Toshihisa Otsuka ceased to be Additional Director.
Ceased
Jagadeesan Rajesh ceased to be Director.
Ceased
Sampath Ravinarayanan ceased to be Additional Director.
6 earlier events are in the company report.
News
Frequently asked questions
BNC Motors is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 25 December 2019 (7+ years old) and is registered under CIN U34100TZ2019PTC033213.
BNC Motors has 4 current directors:
- Anirudh - Whole-Time Director
- Naoya Nishimura - Director
- Swaminathan Venkatanarayanan - Director
- Thiruvenkatasamy Vinoth - Additional Director
The latest financial statements of BNC Motors 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 FY 2020 are in the company report.
The GSTIN of BNC Motors is 33AAICB8225B1Z3, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAICB8225B1ZS (Karnataka).
The CIN (Corporate Identification Number) of BNC Motors is U34100TZ2019PTC033213. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
BNC Motors was incorporated on 25 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Coimbatore.
BNC Motors has 19 deals on record (11 secondary share transfers, 6 funding rounds, 1 rights issue), with disclosed funding of ₹169.64 Cr; the latest was in January 2024.
The peers of BNC Motors by revenue are Shigan Evoltz Limited, Citygreen Auto and Petrochemicals Private Limited, Tri Electric Private Limited, Successpath Marketing Private Limited, Evex Auto India Private Limited, all in the Automobiles industry (Electric and Bio Fuel Vehicles), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles).
Thiruvenkatasamy Vinoth was appointed as Additional Director on 05 Aug 2025. Naoya Nishimura ceased to be Additional Director on 29 Sep 2024. Naoya Nishimura was appointed as Director on 07 May 2024. BNC Motors has 12 board changes on record in total.
Yes, BNC Motors is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, BNC Motors is registered as a small enterprise under Udyam registration (number: UDYAM-TN-03-0042262).
BNC Motors has 6 MSME Form 1 returns on record between 2022 and 2024, listing 195 overdue payments to 41 micro and small suppliers. The latest return was filed on 19 Jun 2024.
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