MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MP-23-0093296
Explorers Marketing Pvt Ltd
Explorers Marketing Pvt Ltd - automotive in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹26.52 Cr
▲ 16% YoY
Net profit · FY 2024
₹55.43 Lakh
Net margin 2.1%
EBITDA · FY 2024
₹1.18 Cr
EBITDA margin 4.5%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹26.05 Lakh
Issued & subscribed
Open charges
₹1.06 Cr
Satisfied ₹1.16 Cr
Company age
36 yrs
Est. 1990
Employees · EPFO
12
Provident fund records
About Explorers Marketing Pvt Ltd
Data last updated:
Explorers Marketing Pvt Ltd is a private limited company based in Indore, Madhya Pradesh, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 28 August 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U92520MP1990PTC005984. Its GSTIN is 23AAACE3635J1ZW (Madhya Pradesh). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹26.05 Lakh. It is led by directors including Alok Garg and Shakuntala Garg.
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 12/5 Choti Gwal Tali, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2024, the company reported a revenue of ₹26.52 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹55.43 Lakh (net margin 2.1%) and EBITDA of ₹1.18 Cr (EBITDA margin 4.5%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 20% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.06 Cr and satisfied charges of ₹1.16 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Explorers Marketing Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0093296). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U92520MP1990PTC005984
Registration Number 005984
Incorporation Date 28 August 1990
ROC Gwalior
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-MP-23-0093296
Recognitions & Rankings of Explorers Marketing
Contact details
Explorers Marketing Pvt Ltd's registered office is in Indore, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address12/5 Choti Gwal Tali, Indore, Madhya Pradesh, India – 452001
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Explorers Marketing Pvt Ltd, buy the company report.
Comprehensive company report
Explorers Marketing Pvt Ltd - 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
Business activity
The main business activity of Explorers Marketing 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 Explorers Marketing Pvt Ltd, buy the company report.
Financials of Explorers Marketing Pvt Ltd
FY 2025 filings availableExplorers Marketing Pvt Ltd reported revenue of ₹26.52 Cr (up 16% YoY) for FY 2024.
Revenue · FY 2024
₹26.52 Cr ▲ 16%
Net profit · FY 2024
₹55.43 Lakh margin 2.1%
EBITDA · FY 2024
₹1.18 Cr margin 4.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 22%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▲ 39%
3 years · compounded
▲ 34%
5 years · compounded
▲ 35%
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 16% growth in the latest year. EBITDA rose 39% 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 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹1.18 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹55.43 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.5% | ||||
| Net Profit Margin | 2.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Explorers Marketing Pvt Ltd, buy the company report.
Board of directors of Explorers Marketing Pvt Ltd
Explorers Marketing has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alok Garg Also directs: M A G Realty Private Limited | Director | 28 Mar 2022 | 4 Years 6 Months | Current |
| Shakuntala Garg Also directs: M A G Realty Private Limited | Director | 01 Mar 1999 | 27 Years 7 Months | Current |
| Nikhar Garg Also directs: Kissan Sheet Grih (Rao) Pvt Ltd | Director | 01 Apr 2024 | 2 Years 6 Months | Current |
Peer comparison
Explorers Marketing Pvt Ltd is compared with the 5 companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pulkit Engineering Private Limited | ₹26.55 Cr (FY 2025) | 10.0% | Faridabad, Haryana, India | |||
| Explorers Marketing Pvt Ltdthis company | ₹26.52 Cr (FY 2024) | ₹55.43 Lakh | 2.1% | 16.0% | 12 | Indore, Madhya Pradesh, India |
| Tda Autoworks Private Limited | ₹26.51 Cr (FY 2025) | 31.0% | Mumbai, Maharashtra, India | |||
| Eadric Marketing and Services Private Limited | ₹26.49 Cr (FY 2024) | -22.0% | Patna, Bihar, India | |||
| Globe Autoparts Private Limited | ₹26.48 Cr (FY 2025) | 56.0% | New Delhi, Delhi, India | |||
| Maya Manu Motors Private Limited | ₹26.47 Cr (FY 2025) | 20.0% | Begusarai, Bihar, India |
To see the full peer comparison of Explorers Marketing Pvt Ltd, buy the company report.
Auditor
Explorers Marketing Pvt Ltd is audited by RAWKA AGRAWAL & COMPANY for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAWKA AGRAWAL & COMPANY | FY 2022 | 001208C |
Shareholding
The shareholding of Explorers Marketing Pvt Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Explorers Marketing Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹1.06 Cr
Satisfied charges
₹1.16 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jun 2024 | 100961972 | Hdfc Bank Limited | ₹40 Lakh | Open | |
| 30 May 2023 | 100733974 | Hdfc Bank Limited | ₹66 Lakh | Open | |
| 04 Mar 2004 | 90209499 | State Bank of Indore | ₹32.5 Lakh | Satisfied | |
| 04 Mar 2004 | 90206068 | State Bank of Indore | ₹20 Lakh | Satisfied | |
| 24 Jan 2000 | 90205554 | State Bank of Indore | ₹10 Lakh | Satisfied |
To see the full charge records of Explorers Marketing Pvt Ltd, buy the company report.
Total charge records: 16 View all charges
Legal cases
Explorers Marketing Pvt Ltd has 1 court case on record: 1 filed by Explorers Marketing. All case is disposed.
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, Indore, Madhya Pradesh | Court case (MCA) | Filed by the company against an individual | Disposed |
To see the full case history of Explorers Marketing Pvt Ltd, 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 Explorers Marketing Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Explorers Marketing Pvt Ltd has a workforce of 12 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
12
Active EPFO establishments
1
Employee growth
-14.29%
GST
Explorers Marketing has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAACE3635J1ZW | Madhya Pradesh | Active | 01 Jul 2017 |
| 22AAACE3635J1ZY | Chattisgarh | Active | 01 Jul 2017 |
| 06AAACE3635J1ZS | Haryana | Active | 28 Aug 2017 |
To see the full GST registrations and return filing status of Explorers Marketing Pvt Ltd, buy the company report.
Recent activity
Explorers Marketing Pvt Ltd has 5 board changes on record since 1999: 3 appointments and 2 cessations. The latest: Nikhar Garg was appointed as Director on 01 Apr 2024.
AGM
Explorers Marketing Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Explorers Marketing Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Charges
A charge with Hdfc Bank Limited of Rs. 66.00 Lakh registered on 30 May 2023 with Charge ID 100733974 was modified on 09 Oct 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 40.00 Lakh with Charge ID 100961972 was registered on 15 Jun 2024.
Appointed
Nikhar Garg was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 66.00 Lakh with Charge ID 100733974 was registered on 30 May 2023.
Ceased
Anita Garg ceased to be Additional Director.
Appointed
Alok Garg was appointed as Director.
Ceased
Alok Garg ceased to be Director.
Charges
A charge registered on 04 Mar 2004 via Charge ID 90209499 with State Bank Of Indore was fully satisfied on 27 Dec 2018.
Charges
A charge registered on 04 Mar 2004 via Charge ID 90206068 with State Bank Of Indore was fully satisfied on 27 Dec 2018.
Charges
A charge registered on 24 Jan 2000 via Charge ID 90205554 with State Bank Of Indore was fully satisfied on 27 Dec 2018.
29 earlier events are in the company report.
Frequently asked questions
Explorers Marketing is an active private limited company based in Indore, Madhya Pradesh, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 28 August 1990 (36+ years old) and is registered under CIN U92520MP1990PTC005984.
Explorers Marketing has 3 current directors:
- Alok Garg - Director
- Shakuntala Garg - Director
- Nikhar Garg - Director
The latest financial statements of Explorers Marketing on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Explorers Marketing is 23AAACE3635J1ZW, registered in Madhya Pradesh. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 22AAACE3635J1ZY (Chattisgarh), 06AAACE3635J1ZS (Haryana).
The CIN (Corporate Identification Number) of Explorers Marketing is U92520MP1990PTC005984. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Explorers Marketing has 1 court case on record: 1 filed by the company.
Explorers Marketing was incorporated on 28 August 1990, making it 36+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Explorers Marketing by revenue are Pulkit Engineering Private Limited, Tda Autoworks Private Limited, Eadric Marketing and Services Private Limited, Globe Autoparts Private Limited, Maya Manu Motors Private Limited, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (wholesale trading).
Nikhar Garg was appointed as Director on 01 Apr 2024. Anita Garg ceased to be Additional Director on 30 Sep 2022. Alok Garg was appointed as Director on 28 Mar 2022. Explorers Marketing has 5 board changes on record in total.
Yes, Explorers Marketing is registered as a small enterprise under Udyam registration (number: UDYAM-MP-23-0093296).
The registered office of Explorers Marketing is at 125 Choti Gwal Tali, Indore, Madhya Pradesh, India – 452001.