MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-PB-12-0018260
Comet Auto India Private Limited - automotive in Dhandari Kalan, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹18.09 Cr
▲ 22% YoY
Net profit · FY 2024
₹29.51 Lakh
Net margin 1.6%
EBITDA · FY 2024
₹62.71 Lakh
EBITDA margin 3.5%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹1.18 Cr
Secured borrowings
Company age
11 yrs
Est. 2015
Employees · EPFO
39
Provident fund records
About Comet Auto India Private Limited
Data last updated:
Comet Auto India Private Limited is a private limited company based in Dhandari Kalan, Punjab, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 16 October 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U35999PB2015PTC039828. Its GSTIN is 03AAGCC3107M1ZX (Punjab).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Nitish Kumar and Harihar Parsad.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Industrial Area C Sua Road Near Revi Dharam Kanda, Dhandari Kalan, Punjab, India – 141001.
As per the financials filed for FY 2024, the company reported a revenue of ₹18.09 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹29.51 Lakh (net margin 1.6%) and EBITDA of ₹62.71 Lakh (EBITDA margin 3.5%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 18% over five years.
The company has about 39 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Comet Auto India. As per MCA filings, the company has open charges of ₹1.18 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Comet Auto India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0018260). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cometautoindia.com.
Company Details of Comet Auto India Private Limited
CIN U35999PB2015PTC039828
Registration Number 039828
Incorporation Date 16 October 2015
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-PB-12-0018260
Key People
Nitish Kumar Director Harihar Parsad Director Recognitions & Rankings of Comet Auto India
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressIndustrial Area C Sua Road Near Revi Dharam Kanda, Dhandari Kalan, Punjab, India – 141001
- IndustryAutomotive, Auto Parts & Components
Comprehensive company report
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Associated Brands with Comet Auto India Private Limited
Comet Auto India operates one associated brand: Comet Auto India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures high-quality automotive components, including suspension bushes and spark plug spanners. | cometautoindia.com |
Business Activity of Comet Auto India Private Limited
The main business activity of Comet Auto India is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Comet Auto India Private Limited FY 2025 filings available
Comet Auto India Private Limited reported revenue of ₹18.09 Cr (up 22% YoY) for FY 2024.
Revenue · FY 2024
₹18.09 Cr ▲ 22%
Net profit · FY 2024
₹29.51 Lakh margin 1.6%
EBITDA · FY 2024
₹62.71 Lakh margin 3.5%
Compounded Annual Growth Rate (CAGR) of Comet Auto India Private Limited
Revenue CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 38%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 41%
5 years · compounded
▲ 29%
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 22% growth in the latest year. EBITDA rose 20% 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 of Comet Auto India Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹62.71 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹29.51 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 of Comet Auto India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Comet Auto India are in the company report.
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Financial statements from FY 2016
Earlier years and trend charts are in the company report.
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Board of Directors of Comet Auto India Private Limited
Comet Auto India has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitish Kumar | Director | 16 Oct 2015 | 11 Years 0 Months | Current |
| Harihar Parsad | Director | 16 Oct 2015 | 11 Years 0 Months | Current |
Peer Comparison of Comet Auto India Private Limited
Comet Auto India Private Limited is compared with the companies closest to it by revenue in the Automobiles industry (Auto, Auto Ancillary). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dlxinfinity Driveline Private Limited | ₹18.17 Cr (FY 2024) | •••• | •••• | 108.0% | •••• | Mumbai, Maharashtra, India |
| STN Auto Private Limited | ₹18.16 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Surat, Gujarat, India |
| Dharnendra Engg & Services Private Limited | ₹18.13 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Aurangabad, Maharashtra, India |
| Haridra Vintrade Private Limited | ₹18.13 Cr (FY 2022) | •••• | •••• | 52.0% | •••• | Uluberia, West Bengal, India |
| Auto Power Gen Systems Private Limited | ₹18.1 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Pune, Maharashtra, India |
| Comet Auto India Private Limited this company | ₹18.09 Cr (FY 2024) | •••• | •••• | 22.0% | •••• | Dhandari Kalan, Punjab, India |
| Mittal Forgings and Components Private Limited | ₹18.06 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Bhiwadi, Rajasthan, India |
| Cozy Autotech Private Limited | ₹18 Cr (FY 2025) | •••• | •••• | -31.0% | •••• | Faridabad, Haryana, India |
| Arjan Auto Private Limited | ₹18 Cr (FY 2022) | •••• | •••• | 22.0% | •••• | New Delhi, Delhi, India |
| Marshall Castings Limited | ₹17.98 Cr (FY 2024) | •••• | •••• | -1.0% | •••• | New Delhi, Delhi, India |
| Bastar Auto Private Limited | ₹17.89 Cr (FY 2024) | •••• | •••• | 57.0% | •••• | Jagdalpur, Chhattisgarh, India |
Peers are the five companies nearest above and the five nearest below Comet Auto India by revenue in the Automobiles industry (Auto, Auto Ancillary), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Comet Auto India Private Limited
Comet Auto India Private Limited is audited by V S MAHAJAN & CO. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V S MAHAJAN & CO. | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Comet Auto India Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Comet Auto India Private Limited
Open charges
₹1.18 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Sep 2024 | Hdfc Bank Limited | ₹10.5 Lakh | Open |
| 06 Jul 2021 | Hdfc Bank Limited | ₹12 Lakh | Open |
| 19 Aug 2018 | Hdfc Bank Limited | ₹95 Lakh | Open |
Total charge records: 3 View all charges
Legal Cases of Comet Auto India Private Limited
Comet Auto India Private Limited has 1 court case on record: 1 filed by Comet Auto India. All case is disposed. Status as checked on 03 Oct 2026.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Civil suit | Filed by the company against an individual | Disposed |
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Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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.
Employees and EPFO Compliance at Comet Auto India Private Limited
Comet Auto India Private Limited has a workforce of 39 employees as of Apr 06, 2024.
Employee count
39
Active EPFO establishments
1
Employee growth
44.44%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Comet Auto India Private Limited
Comet Auto India Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Harihar Parsad was appointed as Director on 16 Oct 2015.
AGM
Comet Auto India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Comet Auto India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 10.50 Lakh with Charge ID 101001785 was registered on 30 Sep 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 12.00 Lakh with Charge ID 100472330 was registered on 06 Jul 2021.
Charges
A charge with Hdfc Bank Limited of Rs. 95.00 Lakh registered on 19 Aug 2018 with Charge ID 100207977 was modified on 15 Feb 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 95.00 Lakh with Charge ID 100207977 was registered on 19 Aug 2018.
Appointed
Harihar Parsad was appointed as Director.
Appointed
Nitish Kumar was appointed as Director.
Incorporation
16 Oct 2015
Comet Auto India Private Limited was registered on 16 Oct 2015 with Roc Chandigarh & aged 11 years 7 days as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Comet Auto India Private Limited
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MSME Payment Delays by Comet Auto India Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Comet Auto India Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Comet Auto India Private Limited
Comet Auto India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAGCC3107M1ZX | Punjab | Active | 01 Jul 2017 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Comet Auto India Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Comet Auto India Private Limited
Comet Auto India is an active private limited company based in Dhandari Kalan, Punjab, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 16 October 2015 (11+ years old) and is registered under CIN U35999PB2015PTC039828.
Comet Auto India reported revenue of ₹18.09 Cr for FY 2024 (up 22% YoY).
Comet Auto India has 2 current directors:
- Nitish Kumar - Director
- Harihar Parsad - Director
Comet Auto India reported a net profit of ₹29.51 Lakh (net margin 1.6%) and EBITDA of ₹62.71 Lakh (EBITDA margin 3.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Comet Auto India is 38% over three years and 18% over five years. In the latest year (FY 2024) revenue rose 22%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Comet Auto India is 03AAGCC3107M1ZX, registered in Punjab.
The CIN (Corporate Identification Number) of Comet Auto India is U35999PB2015PTC039828. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Comet Auto India has 1 court case on record: 1 filed by the company.
Comet Auto India was incorporated on 16 October 2015, making it 11+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Comet Auto India by revenue are Dlxinfinity Driveline Private Limited, STN Auto Private Limited, Dharnendra Engg & Services Private Limited, Haridra Vintrade Private Limited, Auto Power Gen Systems Private Limited and 5 more, all in the Automobiles industry (Auto, Auto Ancillary).
Harihar Parsad was appointed as Director on 16 Oct 2015. Nitish Kumar was appointed as Director on 16 Oct 2015.