About Excel Vehicles Private Limited
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Excel Vehicles Private Limited is a private limited company based in Bhopal, Madhya Pradesh, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 31 May 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U50400MP2012PTC028568. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹15 Cr. It is led by directors Manju Garg and Beni Madhav Garg.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 6 – Malviya Nagar Near Idbi Bank, Bhopal, Madhya Pradesh, India – 462003.
As per the financials filed for FY 2017, the company reported a revenue of ₹121.23 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net loss of ₹6.1 Cr (net margin -5%) and EBITDA of ₹3.07 Cr (EBITDA margin 2.5%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years.
The company has about 27 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹47 Cr and satisfied charges of ₹36.95 Cr on record. Court records list 21 cases involving the company, including 1 filed by the company and 20 filed against it; 13 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website excelvehicle.in.
Company details
Contact details
Excel Vehicles Private Limited's registered office is in Bhopal, Madhya Pradesh. Its website is excelvehicle.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address6 – Malviya Nagar Near Idbi Bank, Bhopal, Madhya Pradesh, India – 462003
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Excel Vehicles Private Limited, buy the company report.
- 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
Business activity
The main business activity of Excel Vehicles 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 Vehicles Private Limited, buy the company report.
Financials of Excel Vehicles Private Limited
FY 2017 filings availableExcel Vehicles Private Limited reported revenue of ₹121.23 Cr (down 10% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 10% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA fell 36% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹121.23 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹3.07 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹6.1 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 2.5% | ||
| Net Profit Margin | -5% | ||
| 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 Vehicles Private Limited, buy the company report.
Board of directors of Excel Vehicles Private Limited
Excel Vehicles has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manju Garg Also directs: My Store Private Limited, My Fone Teleservices Private Limited, My Car (Bhopal) Private Limited and 3 more | Director | 31 May 2012 | 14 Years 4 Months | Current |
| Beni Madhav Garg Also directs: My Store Private Limited, Courtesy Motors Private Limited, My Fone Teleservices Private Limited and 3 more | Additional Director | 13 Apr 2019 | 7 Years 6 Months | Current |
Peer comparison
Excel Vehicles Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Rattan Lall Auto Pvt. Ltd | ₹121.67 Cr (FY 2025) | 2.0% | Daltonganj, Jharkhand, India | |||
| Sahib Automotive Private Limited | ₹121.57 Cr (FY 2025) | -9.0% | Karnal, Haryana, India | |||
| Kuldeep Motors Lucknow Private Limited | ₹121.53 Cr (FY 2024) | 3.0% | Lucknow, Uttar Pradesh, India | |||
| Doon Wheel Private Limited | ₹121.44 Cr (FY 2024) | 18.0% | Dehradun, Uttarakhand, India | |||
| Mithra Auto Agencies Private Limited | ₹121.29 Cr (FY 2024) | -13.0% | Vijayawada, Andhra Pradesh, India | |||
| Excel Vehicles Private Limitedthis company | ₹121.23 Cr (FY 2017) | -₹6.1 Cr | -5% | -10.0% | 27 | Bhopal, Madhya Pradesh, India |
| Tirupati Services Private Limited | ₹120.99 Cr (FY 2025) | -2.0% | New Delhi, Delhi, India | |||
| VCM Agencies Private Limited | ₹120.84 Cr (FY 2025) | -13.0% | Mumbai, Maharashtra, India | |||
| A. P. Motors Private Limited | ₹120.44 Cr (FY 2025) | 2.0% | Narnaul, Haryana, India |
To see the full peer comparison of Excel Vehicles Private Limited, buy the company report.
Auditor
Excel Vehicles Private Limited is audited by JOSHI VINOD & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JOSHI VINOD & CO | FY 2017 | 004438C |
Shareholding
The shareholding of Excel Vehicles Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Excel Vehicles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 May 2014 | 10491259 | Bank of India | ₹42 Cr | Open | |
| 24 Sep 2013 | 10458154 | Tata Capital Financial Services Limited | ₹5 Cr | Open | |
| 11 Apr 2015 | 10567285 | State Bank of India | ₹10 Cr | Satisfied | |
| 23 Mar 2013 | 10417913 | Bank of Baroda | ₹26.95 Cr | Satisfied |
To see the full charge records of Excel Vehicles Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Excel Vehicles Private Limited has 21 court cases on record: 1 filed by Excel Vehicles, 20 filed against it. 13 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 15 | 13 |
| High courts | 5 | 5 | 0 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Court case (CARAP) | Filed against the company by Tata Capital Financial Services Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CR A) | Filed against the company by Tata Capital Financial Service Ltd Authorised Officer Shekhar Praffulbhai Shah | Pending |
| District court, Indore, Madhya Pradesh | Criminal case | Filed against the company by an individual | Pending |
| District court, Gwalior, Madhya Pradesh | Court case (RCT) | Filed against the company by Company Registrar | Pending |
| District court, Gwalior, Madhya Pradesh | Court case (UN CR) | Filed against the company by Company Registrar | Pending |
To see the full case history of Excel Vehicles 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
Excel Vehicles Private Limited was last rated by Care on 17 Nov 2025.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 17 Nov 2025 |
To see the full credit ratings and regulatory alerts of Excel Vehicles Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Excel Vehicles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Excel Vehicles Private Limited has a workforce of 27 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Excel Vehicles has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Excel Vehicles Private Limited, buy the company report.
Recent activity
Excel Vehicles Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Beni Madhav Garg was appointed as Additional Director on 13 Apr 2019.
2 earlier events are in the company report.
Frequently asked questions
Excel Vehicles is an active private limited company based in Bhopal, Madhya Pradesh, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 31 May 2012 (14+ years old) and is registered under CIN U50400MP2012PTC028568.
Excel Vehicles has 2 current directors:
- Manju Garg - Director
- Beni Madhav Garg - Additional Director
The latest financial statements of Excel Vehicles on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Excel Vehicles has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Excel Vehicles is U50400MP2012PTC028568. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Excel Vehicles has 21 court cases on record: 1 filed by the company and 20 filed against it. 13 are pending. Most are in the district courts.
Excel Vehicles was incorporated on 31 May 2012, making it 14+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Excel Vehicles by revenue are Rattan Lall Auto Pvt. Ltd, Sahib Automotive Private Limited, Kuldeep Motors Lucknow Private Limited, Doon Wheel Private Limited, Mithra Auto Agencies Private Limited and 3 more, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).
Beni Madhav Garg was appointed as Additional Director on 13 Apr 2019. Saurabh Garg ceased to be Director on 25 Mar 2019. Rishabh Garg ceased to be Director on 21 Mar 2017. Excel Vehicles has 4 board changes on record in total.
Excel Vehicles can be reached through the website excelvehicle.in. Its registered office is in Bhopal, Madhya Pradesh, India.
The registered office of Excel Vehicles is at 6 – Malviya Nagar Near Idbi Bank, Bhopal, Madhya Pradesh, India – 462003.