MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-DL-09-0003254
Excel Cars Private Limited - automotive in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹61.3 Cr
▼ 12% YoY
Net profit · FY 2025
₹85.75 Lakh
Net margin 1.4%
EBITDA · FY 2025
₹3.04 Cr
EBITDA margin 5%
Authorised capital
₹7 Cr
Registered with MCA
Paid-up capital
₹6.79 Cr
Issued & subscribed
Open charges
₹29.31 Cr
Satisfied ₹68.7 Cr
Company age
36 yrs
Est. 1990
Directors on board
3
As per MCA filings
About Excel Cars Private Limited
Data last updated:
Excel Cars Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 22 November 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51909DL1990PTC042155. Its GSTIN is 06AAACR2310R2ZC (Haryana). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹6.79 Cr. It was formerly known as Ragav Trading Co Ltd and Ragav Trading Co Pvt Ltd. It is led by directors including Raghav Chandra and Dinesh Goyal.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B – 1/H – 1 Mohan Co – Operative Industrial Estate Mathura Road, New Delhi, Delhi, India – 110044.
As per the financials filed for FY 2025, the company reported a revenue of ₹61.3 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹85.75 Lakh (net margin 1.4%) and EBITDA of ₹3.04 Cr (EBITDA margin 5%).
Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹29.31 Cr and satisfied charges of ₹68.7 Cr on record. Court records list 6 cases involving the company, including 1 filed by the company and 5 filed against it.
Excel Cars Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-09-0003254). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website excelmotors.co.in.
Company details
CIN U51909DL1990PTC042155
Registration Number 042155
Incorporation Date 22 November 1990
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 24 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-DL-09-0003254
Name history
Excel Cars has undergone 3 name changes throughout its history. The company was previously known as Ragav Trading Co Ltd, Ragav Trading Co Pvt Ltd, and Excel Cars Limited. The current legal name is Excel Cars Private Limited.
| Company Name | Status |
|---|---|
| Excel Cars Private Limited | Current |
| Ragav Trading Co Ltd | Previous |
| Ragav Trading Co Pvt Ltd | Previous |
| Excel Cars Limited | Previous |
Recognitions & Rankings of Excel Cars
Contact details
Excel Cars Private Limited's registered office is in New Delhi, Delhi. Its website is excelmotors.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 1/H – 1 Mohan Co – Operative Industrial Estate Mathura Road, New Delhi, Delhi, India – 110044
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Excel Cars Private Limited, buy the company report.
Comprehensive company report
Excel Cars 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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Business activity
The main business activity of Excel Cars 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 Excel Cars Private Limited, buy the company report.
Financials of Excel Cars Private Limited
FY 2025 filings availableExcel Cars Private Limited reported revenue of ₹61.3 Cr (down 12% YoY) for FY 2025.
Revenue · FY 2025
₹61.3 Cr ▼ 12%
Net profit · FY 2025
₹85.75 Lakh margin 1.4%
EBITDA · FY 2025
₹3.04 Cr margin 5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 12%
EBITDA CAGR growth
1 year
▼ 22%
Revenue fell 12% in the latest year. EBITDA fell 22% in the latest 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹61.3 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.04 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹85.75 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5% | ||||
| Net Profit Margin | 1.4% | ||||
| 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 Excel Cars Private Limited, buy the company report.
Board of directors of Excel Cars Private Limited
Excel Cars has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raghav Chandra Also directs: L H Sugar Factories Limited, Raghav Plastech Private Limited, Quasar Industries Private Limited and 5 more | Director | 22 Nov 1990 | 35 Years 11 Months | Current |
| Dinesh Goyal Also directs: Raghav Plastech Private Limited, Quasar Industries Private Limited, Regent Energy Limited and 5 more | Director | 09 Jan 2013 | 13 Years 9 Months | Current |
| Ishaan Chandra Also directs: Regent Energy Limited, Pilibhit Retail Private Limited, Raghav Cold Storage Private Limited and 1 more | Director | 25 Sep 2024 | 2 Years 1 Months | Current |
Peer comparison
Excel Cars Private Limited is compared with the 6 companies closest to it by revenue in the Automobiles industry (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 |
|---|---|---|---|---|---|---|
| SNV Motors Private Limited | ₹74.31 Cr (FY 2025) | 10.0% | Gurgaon, Haryana, India | |||
| Vijayshree Motor Works Private Limited | ₹74.15 Cr (FY 2024) | 30.0% | Hospet, Karnataka, India | |||
| Aditya Motocorp Private Limited | ₹73.9 Cr (FY 2025) | 0.0% | Varanasi, Uttar Pradesh, India | |||
| Classic Scoobikes Private Limited | ₹73.76 Cr (FY 2025) | 22.0% | Kozhikode, Kerala, India | |||
| Kunj Behari Shaw Agencies Private Limited | ₹73.44 Cr (FY 2025) | 63.0% | Kolkata, West Bengal, India | |||
| Kuttukaran Cars Private Limited | ₹73.35 Cr (FY 2025) | 20.0% | Ernakulam, Kerala, India | |||
| Excel Cars Private Limitedthis company | ₹61.3 Cr (FY 2025) | ₹85.75 Lakh | 1.4% | -12.0% | New Delhi, Delhi, India |
To see the full peer comparison of Excel Cars Private Limited, buy the company report.
Auditor
Excel Cars Private Limited is audited by R. A. Bansal & Associates for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. A. Bansal & Associates | FY 2025 | 012441N |
Shareholding
The shareholding of Excel Cars Private Limited is on record for 4 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 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Excel Cars Private Limited, buy the company report.
Charges & borrowings
Open charges
₹29.31 Cr
Satisfied charges
₹68.7 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 May 2022 | 100578536 | Canara Bank | ₹27 Lakh | Open | |
| 18 Jun 2021 | 100452686 | Hdfc Bank Limited | ₹16.54 Cr | Open | |
| 26 Apr 2019 | 100283235 | Others | ₹6.02 Cr | Open | |
| 26 Apr 2019 | 100283433 | Others | ₹6.48 Cr | Open | |
| 15 May 2018 | 100184240 | Others | ₹41.7 Lakh | Satisfied |
To see the full charge records of Excel Cars Private Limited, buy the company report.
Total charge records: 19 View all charges
Legal cases
Excel Cars Private Limited has 6 court cases on record: 1 filed by Excel Cars, 5 filed against it. All cases are disposed.
Total cases
6
Filed by the company
1
Filed against the company
5
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 4 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Civil suit | Filed against the company by Ms India Insight Tours P. Ltd. | Disposed |
| District court, Ghaziabad, Uttar Pradesh | Criminal case | Filed against the company by State Government | Disposed |
| High Court of Delhi | Court case (CRL.M.C.) | Filed against the company by an individual | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State Government | Disposed |
| District court, South East, Delhi | Criminal case | Filed by the company against an individual | Disposed |
To see the full case history of Excel Cars 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 Excel Cars Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Excel Cars has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Regent Energy Limited | U40100HP2005PLC028769 |
To see the full group structure of Excel Cars Private Limited, buy the company report.
GST
Excel Cars has 4 GST registrations: 1 active and 3 cancelled or inactive.
Total GSTINs
4
Active
1
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACR2310R2ZC | Haryana | Active | 01 Feb 2019 |
To see the full GST registrations and return filing status of Excel Cars Private Limited, buy the company report.
Recent activity
Excel Cars Private Limited has 7 board changes on record since 1990: 3 appointments and 4 cessations. The latest: Ishaan Chandra ceased to be Additional Director on 27 Sep 2024.
AGM
Excel Cars Private Limited last Annual general meeting of members was held on 24 Sep 2025 as per latest MCA records.
Filing
Excel Cars Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi I.
Charges
A charge with Hdfc Bank Limited of Rs. 16.54 Cr registered on 18 Jun 2021 with Charge ID 100452686 was modified on 06 Mar 2025.
Ceased
Ishaan Chandra ceased to be Additional Director.
Appointed
Ishaan Chandra was appointed as Director.
Charges
A charge registered on 28 Dec 2007 via Charge ID 10084563 with State Bank Of Patiala was fully satisfied on 25 May 2022.
Charges
A charge registered on 05 Apr 2018 via Charge ID 100180245 with Others was fully satisfied on 13 May 2022.
Charges
A charge with Canara Bank amounted to Rs. 0.27 Cr with Charge ID 100578536 was registered on 10 May 2022.
Charges
A charge registered on 29 Oct 2015 via Charge ID 100031710 with Others was fully satisfied on 14 Mar 2022.
Charges
A charge registered on 15 May 2018 via Charge ID 100184240 with Others was fully satisfied on 10 Nov 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 16.54 Cr with Charge ID 100452686 was registered on 18 Jun 2021.
Charges
A charge registered on 10 Sep 2008 via Charge ID 10123305 with Tata Capital Financial Services Limited was fully satisfied on 19 Feb 2021.
39 earlier events are in the company report.
Frequently asked questions
Excel Cars is an active private limited company based in New Delhi, Delhi, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 22 November 1990 (36+ years old) and is registered under CIN U51909DL1990PTC042155.
Excel Cars has 3 current directors:
- Raghav Chandra - Director
- Dinesh Goyal - Director
- Ishaan Chandra - Director
The latest financial statements of Excel Cars on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Excel Cars is 06AAACR2310R2ZC, registered in Haryana. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Excel Cars is U51909DL1990PTC042155. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Excel Cars has 6 court cases on record: 1 filed by the company and 5 filed against it. Most are in the district courts.
Excel Cars was incorporated on 22 November 1990, making it 36+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Excel Cars by revenue are SNV Motors Private Limited, Vijayshree Motor Works Private Limited, Aditya Motocorp Private Limited, Classic Scoobikes Private Limited, Kunj Behari Shaw Agencies Private Limited and 1 more, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).
Ishaan Chandra ceased to be Additional Director on 27 Sep 2024. Ishaan Chandra was appointed as Director on 25 Sep 2024. Jai Prakash Singh ceased to be Director on 11 Oct 2013. Excel Cars has 7 board changes on record in total.
Yes, Excel Cars is registered as a medium enterprise under Udyam registration (number: UDYAM-DL-09-0003254).
Excel Cars can be reached through the website excelmotors.co.in. Its registered office is in New Delhi, Delhi, India.
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