MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0045764
Elite Automobiles Private Limited
Elite Automobiles Private Limited - automotive in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹106.14 Cr
▼ 23% YoY
Net profit · FY 2025
₹60.12 Lakh
Net margin 0.6%
EBITDA · FY 2025
₹6.08 Cr
EBITDA margin 5.7%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹9.3 Cr
Issued & subscribed
Open charges
₹63.17 Cr
Satisfied ₹179.67 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
108
Provident fund records
About Elite Automobiles Private Limited
Data last updated:
Elite Automobiles Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 18 November 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U50403KA2003PTC032875. Its GSTIN is 29AABCE3504F1Z0 (Karnataka).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹9.3 Cr. It was formerly known as Japson Automobiles Private Limited. It is led by directors including Gurjit Singh and Sonia Singh.
Its last annual general meeting (AGM) was held on 13 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at New No.97/1A Singasandra Village Hosur Road, Bangalore, Karnataka, India – 560068.
As per the financials filed for FY 2025, the company reported a revenue of ₹106.14 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹60.12 Lakh (net margin 0.6%) and EBITDA of ₹6.08 Cr (EBITDA margin 5.7%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 1% over five years.
The company has about 108 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Dakshin Honda. As per MCA filings, the company has open charges of ₹63.17 Cr and satisfied charges of ₹179.67 Cr on record. Court records list 19 cases involving the company, including 8 filed by the company and 11 filed against it; 5 cases are pending.
Elite Automobiles Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0045764). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U50403KA2003PTC032875
Registration Number 032875
Incorporation Date 18 November 2003
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 13 November 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0045764
Recognitions & Rankings of Elite Automobiles
Contact details
Elite Automobiles Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered AddressNew No.97/1A Singasandra Village Hosur Road, Bangalore, Karnataka, India – 560068
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Elite Automobiles Private Limited, buy the company report.
Comprehensive company report
Elite Automobiles 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Elite Automobiles operates one associated brand: Dakshin Honda. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Authorized dealership for Honda cars, providing sales, service, and spares in Bangalore. | dakshinhonda.in |
Business activity
The main business activity of Elite Automobiles is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Elite Automobiles Private Limited, buy the company report.
Financials of Elite Automobiles Private Limited
FY 2024 filings availableElite Automobiles Private Limited reported revenue of ₹106.14 Cr (down 23% YoY) for FY 2025.
Revenue · FY 2025
₹106.14 Cr ▼ 23%
Net profit · FY 2025
₹60.12 Lakh margin 0.6%
EBITDA · FY 2025
₹6.08 Cr margin 5.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 23%
3 years · compounded
▲ 1%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▼ 15%
3 years · compounded
▲ 2%
5 years · compounded
▼ 3%
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 23% fall in the latest year. EBITDA fell 15% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹6.08 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹60.12 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.7% | ||||
| Net Profit Margin | 0.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Elite Automobiles Private Limited, buy the company report.
Board of directors of Elite Automobiles Private Limited
Elite Automobiles has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gurjit Singh Also directs: Aiconic Automobiles Private Limited, Elite Motocraft Private Limited, Elite Motors Private Limited and 1 more | Director | 18 Nov 2003 | 22 Years 11 Months | Current |
| Sonia Singh Also directs: Elite Motors Private Limited, Elite Vehicles Private Limited | Director | 18 Nov 2003 | 22 Years 11 Months | Current |
| Pavandeep Singh | Director | 30 Oct 2023 | 2 Years 11 Months | Current |
Shareholding
The shareholding of Elite Automobiles 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 Elite Automobiles Private Limited, buy the company report.
Charges & borrowings
Open charges
₹63.17 Cr
Satisfied charges
₹179.67 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Sep 2023 | 100781688 | Others | ₹18.75 Cr | Open | |
| 29 Oct 2022 | 100655776 | State Bank of India | ₹44.42 Cr | Open | |
| 01 Oct 2016 | 100061958 | Axis Bank Limited | ₹55.3 Cr | Satisfied | |
| 18 Dec 2012 | 10392582 | Bank of India | ₹48.75 Cr | Satisfied | |
| 30 Oct 2009 | 10188896 | Dena Bank | ₹41.57 Cr | Satisfied |
To see the full charge records of Elite Automobiles Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Elite Automobiles Private Limited has 19 court cases on record: 8 filed by Elite Automobiles, 11 filed against it. 5 cases are pending and 14 are disposed.
Total cases
19
Filed by the company
8
Filed against the company
11
Pending
5
Disposed
14
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 9 | 2 |
| High courts | 8 | 2 | 3 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Interim or miscellaneous application | Filed against the company by M/S Bluspring Enterprises Ltd., | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by Ms.Unilog Content Solutions Pvt. Ltd. | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| High Court of Karnataka | Court case (MFA) | Filed by the company against an individual | Pending |
To see the full case history of Elite Automobiles 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.
Credit ratings & regulatory alerts
Elite Automobiles Private Limited was last rated by Crisil on 16 Mar 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 16 Mar 2021 |
To see the full credit ratings and regulatory alerts of Elite Automobiles Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Elite Automobiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Elite Automobiles Private Limited has a workforce of 108 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
Employee count
108
Active EPFO establishments
1
Employee growth
-35.71%
GST
Elite Automobiles has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCE3504F1Z0 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Elite Automobiles Private Limited, buy the company report.
Recent activity
Elite Automobiles Private Limited has 3 board changes on record since 2003: 3 appointments. The latest: Pavandeep Singh was appointed as Director on 30 Oct 2023.
AGM
Elite Automobiles Private Limited last Annual general meeting of members was held on 13 Nov 2024 as per latest MCA records.
Filing
Elite Automobiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Others of Rs. 18.75 Cr registered on 08 Sep 2023 with Charge ID 100781688 was modified on 19 Feb 2024.
Appointed
Pavandeep Singh was appointed as Director.
Charges
A charge with State Bank Of India of Rs. 44.42 Cr registered on 29 Oct 2022 with Charge ID 100655776 was modified on 16 Sep 2023.
Charges
A charge with Others amounted to Rs. 18.75 Cr with Charge ID 100781688 was registered on 08 Sep 2023.
Charges
A charge registered on 01 Oct 2016 via Charge ID 100061958 with Axis Bank Limited was fully satisfied on 27 Dec 2022.
Charges
A charge registered on 18 Dec 2012 via Charge ID 10392582 with Bank Of India was fully satisfied on 14 Nov 2022.
Charges
A charge with State Bank Of India amounted to Rs. 44.42 Cr with Charge ID 100655776 was registered on 29 Oct 2022.
Charges
A charge with Axis Bank Limited of Rs. 55.30 Cr registered on 01 Oct 2016 with Charge ID 100061958 was modified on 15 Dec 2020.
Charges
A charge with Axis Bank Limited amounted to Rs. 55.30 Cr with Charge ID 100061958 was registered on 01 Oct 2016.
Charges
A charge registered on 30 Oct 2009 via Charge ID 10188896 with Dena Bank was fully satisfied on 15 Mar 2013.
10 earlier events are in the company report.
Frequently asked questions
Elite Automobiles is an active private limited company based in Bangalore, Karnataka, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 18 November 2003 (23+ years old) and is registered under CIN U50403KA2003PTC032875.
Elite Automobiles has 3 current directors:
- Gurjit Singh - Director
- Sonia Singh - Director
- Pavandeep Singh - Director
The latest financial statements of Elite Automobiles on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 13 November 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Elite Automobiles is 29AABCE3504F1Z0, registered in Karnataka.
The CIN (Corporate Identification Number) of Elite Automobiles is U50403KA2003PTC032875. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elite Automobiles has 19 court cases on record: 8 filed by the company and 11 filed against it. 5 are pending. Most are in the district courts.
Elite Automobiles was incorporated on 18 November 2003, making it 23+ years old. It is registered with the Registrar of Companies, Bangalore.
Pavandeep Singh was appointed as Director on 30 Oct 2023. Gurjit Singh was appointed as Director on 18 Nov 2003. Sonia Singh was appointed as Director on 18 Nov 2003.
Yes, Elite Automobiles is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0045764).
The registered office of Elite Automobiles is at New No.971A Singasandra Village Hosur Road, Bangalore, Karnataka, India – 560068.