Friendly Motors (India) Private Limited

Friendly Motors (India) Private Limited - automotive in Mysore, Karnataka, India. FY 2026 financials & compliance.
CIN U50403KA2006PTC040798 Incorporated 30 October 2006 ROC Bangalore HQ Mysore, Karnataka, India
Active Private Limited Company automotive MSME · Medium
Data last updated
Revenue · FY 2021
₹112.84 Cr
▼ 0.39% YoY
Net profit · FY 2021
₹87.91 Lakh
Net margin 0.8%
EBITDA · FY 2021
₹5.68 Cr
EBITDA margin 5%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4.93 Cr
Issued & subscribed
Open charges
₹84.83 Cr
Satisfied ₹7.67 Cr
Company age
20 yrs
Est. 2006
Employees · EPFO
56
Provident fund records

About Friendly Motors (India) Private Limited

Data last updated:

Friendly Motors (India) Private Limited is a private limited company based in Mysore, Karnataka, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 30 October 2006 and has been in existence for over 20 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U50403KA2006PTC040798. Its GSTIN is 29AABCF0268K1ZH (Karnataka).

The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.93 Cr. It is led by directors including Yashodara Ganapa Nayak (Whole-Time Director) and Jyothsna Yashodhar Nayak.

Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at #922 New Kantharaj Urs Road Lakshmipuram, Mysore, Karnataka, India – 570004.

As per the financials filed for FY 2021, the company reported a revenue of ₹112.84 Cr. For the same year it recorded a net profit of ₹87.91 Lakh (net margin 0.8%) and EBITDA of ₹5.68 Cr (EBITDA margin 5%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 1% over five years.

The company has about 56 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹84.83 Cr and satisfied charges of ₹7.67 Cr on record. Court records list 28 cases involving the company, including 1 filed by the company and 27 filed against it; 8 cases are pending.

Friendly Motors (India) Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-22-0003720). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website friendlymotors.in.

Company details

CIN U50403KA2006PTC040798
Registration Number 040798
Incorporation Date 30 October 2006
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-22-0003720

Recognitions & Rankings of Friendly Motors (India)

MSME (Udyam registered) Ministry of MSME
Category
Medium (2022-23)
Udyam number
UDYAM-KR-22-0003720

Contact details

Friendly Motors (India) Private Limited's registered office is in Mysore, Karnataka. Its website is friendlymotors.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    #922 New Kantharaj Urs Road Lakshmipuram, Mysore, Karnataka, India – 570004
  • Industry
    Automotive, Auto Dealership & Trading

To see the full contact details of Friendly Motors (India) Private Limited, buy the company report.

Comprehensive company report
Friendly Motors (India) 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 Friendly Motors (India) is trade. In detail, this covers retail trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading

To see the full business activity and turnover split of Friendly Motors (India) Private Limited, buy the company report.

Financials of Friendly Motors (India) Private Limited

FY 2021 filings available

Friendly Motors (India) Private Limited reported revenue of ₹112.84 Cr for FY 2021.

Revenue · FY 2021
₹112.84 Cr
Net profit · FY 2021
₹87.91 Lakh margin 0.8%
EBITDA · FY 2021
₹5.68 Cr margin 5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▼ 2%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 10%
5 years · compounded
▲ 8%

Revenue has grown at a compounded annual rate (CAGR) of 1% over five years. EBITDA fell 3% 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

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹112.84 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹5.68 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹87.91 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

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
EBITDA Margin5%
Net Profit Margin0.8%
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 Friendly Motors (India) Private Limited, buy the company report.

Board of directors of Friendly Motors (India) Private Limited

Friendly Motors (India) has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Peer comparison

Friendly Motors (India) 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Om Advance Automobiles Private Limited₹113.15 Cr (FY 2025)42.0%Gwalior, Madhya Pradesh, India
Sreelakshmi Automotive Services India Private Limited₹113.08 Cr (FY 2025)-20.0%Hyderabad, Telangana, India
Autobahn Automotive Private Limited₹113 Cr (FY 2025)-12.0%Mumbai, Maharashtra, India
Jyote Motors (Bengal) Private Limited₹112.89 Cr (FY 2024)19.0%Bhubaneswar, Odisha, India
Friendly Motors (India) Private Limitedthis company₹112.84 Cr (FY 2021)₹87.91 Lakh0.8%56Mysore, Karnataka, India
Anandam Autolinks Private Limited₹112.66 Cr (FY 2025)16.0%New Delhi, Delhi, India
Bhuvan Wheels Private Limited₹112.31 Cr (FY 2025)7.0%Aurangabad, Maharashtra, India

To see the full peer comparison of Friendly Motors (India) Private Limited, buy the company report.

Auditor

Friendly Motors (India) Private Limited is audited by E S and Associates for the financial year 2021.

Auditor firmFinancial yearFirm registration number
E S and AssociatesFY 2021011236S

Shareholding

The shareholding of Friendly Motors (India) Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2019FY 2018FY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Friendly Motors (India) Private Limited, buy the company report.

Charges & borrowings

Open charges
₹84.83 Cr
Satisfied charges
₹7.67 Cr
Breakdown by lending institutions
State Bank of India₹55.81 Cr
Yes Bank Limited₹27.80 Cr
Canara Bank₹0.95 Cr
Others₹0.27 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
14 Dec 2021100527453Yes Bank Limited₹2 CrOpen
14 Dec 2021100527455Yes Bank Limited₹2 CrOpen
30 Nov 2021100515300Others₹6.6 LakhOpen
30 Nov 2021100515304Others₹7 LakhOpen
30 Nov 2021100515307Others₹13 LakhOpen

To see the full charge records of Friendly Motors (India) Private Limited, buy the company report.

Total charge records: 26 View all charges

Credit ratings & regulatory alerts

Friendly Motors (India) Private Limited was last rated by Crisil on 22 Jun 2020.

Rating agencyRated onRating
Crisil22 Jun 2020

To see the full credit ratings and regulatory alerts of Friendly Motors (India) Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Friendly Motors (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Friendly Motors (India) Private Limited has a workforce of 56 employees on its EPFO records as of Nov 2022, across 1 active EPFO establishment.

Employee count
56
Active EPFO establishments
1
Employee growth
-82.4%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2022-2356
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Friendly Motors (India) Private Limited, buy the company report.

GST

Friendly Motors (India) has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AABCF0268K1ZHKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Friendly Motors (India) Private Limited, buy the company report.

Recent activity

Friendly Motors (India) Private Limited has 6 board changes on record since 2006: 4 appointments and 2 cessations. The latest: Yashodara Ganapa Nayak ceased to be Director on 01 Mar 2021.

Charges
A charge with Yes Bank Limited amounted to Rs. 2.00 Cr with Charge ID 100527453 was registered on 14 Dec 2021.
Charges
A charge with Yes Bank Limited amounted to Rs. 2.00 Cr with Charge ID 100527455 was registered on 14 Dec 2021.
AGM
Friendly Motors (India) Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 0.07 Cr with Charge ID 100515300 was registered on 30 Nov 2021.
Charges
A charge with Others amounted to Rs. 0.07 Cr with Charge ID 100515304 was registered on 30 Nov 2021.
Charges
A charge with Others amounted to Rs. 0.13 Cr with Charge ID 100515307 was registered on 30 Nov 2021.
Charges
A charge with State Bank Of India of Rs. 30.68 Cr registered on 27 Jun 2007 with Charge ID 10064461 was modified on 06 Nov 2021.
Filing
Friendly Motors (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore.
Ceased
Yashodara Ganapa Nayak ceased to be Director.
Charges
A charge with Yes Bank Limited amounted to Rs. 20.00 Cr with Charge ID 100397323 was registered on 04 Dec 2020.
Charges
A charge registered on 10 Feb 2020 via Charge ID 100330730 with Others was fully satisfied on 09 Nov 2020.
Charges
A charge with Yes Bank Limited amounted to Rs. 3.80 Cr with Charge ID 100397224 was registered on 31 Oct 2020.

31 earlier events are in the company report.

Frequently asked questions

Friendly Motors (India) is an active private limited company based in Mysore, Karnataka, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 30 October 2006 (20+ years old) and is registered under CIN U50403KA2006PTC040798.

Friendly Motors (India) has 3 current directors:

The latest financial statements of Friendly Motors (India) on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.

The GSTIN of Friendly Motors (India) is 29AABCF0268K1ZH, registered in Karnataka.

The CIN (Corporate Identification Number) of Friendly Motors (India) is U50403KA2006PTC040798. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Friendly Motors (India) has 28 court cases on record: 1 filed by the company and 27 filed against it. 8 are pending. Most are in the district courts.

Friendly Motors (India) was incorporated on 30 October 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Friendly Motors (India) by revenue are Om Advance Automobiles Private Limited, Sreelakshmi Automotive Services India Private Limited, Autobahn Automotive Private Limited, Jyote Motors (Bengal) Private Limited, Anandam Autolinks Private Limited and 1 more, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).

Yashodara Ganapa Nayak ceased to be Director on 01 Mar 2021. Raghuchaitanya Yashodhar Nayak ceased to be Managing Director on 13 Nov 2006. Jyothsna Yashodhar Nayak was appointed as Director on 30 Oct 2006. Friendly Motors (India) has 6 board changes on record in total.

Yes, Friendly Motors (India) is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-22-0003720).

Friendly Motors (India) can be reached through the website friendlymotors.in. Its registered office is in Mysore, Karnataka, India.