- Category
- Medium (2022-23)
- Udyam number
- UDYAM-KR-22-0003720

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
Recognitions & Rankings of Friendly Motors (India)
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
- Website
- Registered Address#922 New Kantharaj Urs Road Lakshmipuram, Mysore, Karnataka, India – 570004
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Friendly Motors (India) 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 Friendly Motors (India) 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 Friendly Motors (India) Private Limited, buy the company report.
Financials of Friendly Motors (India) Private Limited
FY 2021 filings availableFriendly Motors (India) Private Limited reported revenue of ₹112.84 Cr for FY 2021.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5% | ||||
| Net Profit Margin | 0.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jyothsna Yashodhar Nayak | Director | 30 Oct 2006 | 20 Years 0 Months | Current |
| Yashodara Ganapa Nayak | Whole-Time Director | 30 Oct 2006 | 20 Years 0 Months | Current |
| Nayak Subha | Director | 30 Oct 2006 | 20 Years 0 Months | Current |
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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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 Lakh | 0.8% | 56 | Mysore, 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 firm | Financial year | Firm registration number |
|---|---|---|
| E S and Associates | FY 2021 | 011236S |
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 category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 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
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Dec 2021 | 100527453 | Yes Bank Limited | ₹2 Cr | Open | |
| 14 Dec 2021 | 100527455 | Yes Bank Limited | ₹2 Cr | Open | |
| 30 Nov 2021 | 100515300 | Others | ₹6.6 Lakh | Open | |
| 30 Nov 2021 | 100515304 | Others | ₹7 Lakh | Open | |
| 30 Nov 2021 | 100515307 | Others | ₹13 Lakh | Open |
To see the full charge records of Friendly Motors (India) Private Limited, buy the company report.
Total charge records: 26 View all charges
Legal cases
Friendly Motors (India) Private Limited has 28 court cases on record: 1 filed by Friendly Motors (India), 27 filed against it. 8 cases are pending and 20 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 25 | 24 | 8 |
| High courts | 3 | 3 | 0 |
Cases on record (5 of 28)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Yes Bank Ltd | Disposed |
| High Court of Delhi | Arbitration matter | Filed against the company by Axalta Coating Systems India Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Appeal | Filed by the company against M/S Batra Associates | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Ashok.L.Kandhari(Huf) | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Pending |
To see the full case history of Friendly Motors (India) 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
Friendly Motors (India) Private Limited was last rated by Crisil on 22 Jun 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 22 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.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2022-23 | 56 |
| 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.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCF0268K1ZH | Karnataka | Active | 01 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.
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:
- Yashodara Ganapa Nayak - Whole-Time Director
- Jyothsna Yashodhar Nayak - Director
- Nayak Subha - Director
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.

