
Frontier Cycles Pvt Ltd
About Frontier Cycles Pvt Ltd
Data last updated:
Frontier Cycles Pvt Ltd is a private limited company based in Ludhiana, Punjab, India. It operates in the bicycle mfg and retail segment of the automotive sector. It was incorporated on 29 December 1980 and has been in existence for over 46 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U35921PB1980PTC004362. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹36 Lakh. It is led by directors Renu Bhudhiraja and Manoj Kumar.
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 D – 243 Phase VII Focal Point, Ludhiana, Punjab, India – 141010.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.05 Lakh, a decline of 24% compared to the previous year. For the same year it recorded a net profit of ₹65,610 (net margin 62.7%) and EBITDA of ₹87,610 (EBITDA margin 83.7%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 10% over five years.
As per MCA filings, the company has open charges of ₹41.5 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressD – 243 Phase VII Focal Point, Ludhiana, Punjab, India – 141010
- IndustryAutomotive, Bicycle Mfg & Retail
- 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
- One PDF report, delivered after checkout
Financials of Frontier Cycles Pvt Ltd FY 2025 filings available
Frontier Cycles Pvt Ltd reported revenue of ₹1.05 Lakh (down 24% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Frontier Cycles Pvt Ltd
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 24% fall in the latest year. EBITDA fell 6% 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 of Frontier Cycles Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹87,610 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹65,610 | •••• | •••• | •••• | •••• |
| 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 of Frontier Cycles Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 83.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 62.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Frontier Cycles are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Frontier Cycles Pvt Ltd
Frontier Cycles Pvt Ltd is compared with the companies closest to it by revenue in the Automobiles industry (Cycles). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gati Cycles Private Limited | •••• | •••• | •••• | •••• | - | Ludhiana, Punjab, India |
| Psynyde Bikes Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Chandan Cycles Pvt Ltd | •••• | •••• | •••• | •••• | - | Punjab, India |
| Aurega Cycles Private Limited | •••• | •••• | •••• | •••• | - | Pullikanakku, Kerala, India |
| Jindal Cycles Private Limited | •••• | •••• | •••• | •••• | - | Khanna, Punjab, India |
| Frontier Cycles Pvt Ltd this company | •••• | •••• | •••• | •••• | - | Ludhiana, Punjab, India |
| Bhushan Cycles Private Limited | •••• | •••• | •••• | •••• | - | Ludhiana, Punjab, India |
| Limrose Engineering Works Pvt Ltd | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Ludhiana Advanced Centre for Cycle Technology | •••• | •••• | •••• | •••• | - | Ludhiana, Punjab, India |
| High Choice Cycles India Private Limited | •••• | •••• | •••• | •••• | - | Etawah, Uttar Pradesh, India |
| Psynyde Cycles Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Frontier Cycles by revenue in the Automobiles industry (Cycles), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Frontier Cycles Pvt Ltd
Frontier Cycles Pvt Ltd is audited by GUPTA VIGG & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GUPTA VIGG & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Frontier Cycles Pvt Ltd
Frontier Cycles has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Renu Bhudhiraja | Director | 30 Nov 2006 | 19 Years 10 Months | Current |
| Manoj Kumar | Director | 27 Jan 2026 | 0 Years 8 Months | Current |
Ownership and Shareholding of Frontier Cycles Pvt Ltd
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Frontier Cycles Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Oct 2000 | The Federal Bank Ltd | ₹35 Lakh | Open |
| 14 Jun 2000 | The Federal Bank Ltd | ₹6.5 Lakh | Open |
Total charge records: 2 View all charges
Legal Cases of Frontier Cycles Pvt Ltd
Frontier Cycles Pvt Ltd has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Tax appeal | Filed against the company by Commissioner of Income Tax-I Ludhiana | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Frontier Cycles Pvt Ltd
Employment history and EPFO contributions of people linked to Frontier Cycles.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Frontier Cycles Pvt Ltd
Frontier Cycles Pvt Ltd has 3 board changes on record since 1991: 3 appointments. The latest: Manoj Kumar was appointed as Director on 27 Jan 2026.
Credit Ratings, Litigation & Regulatory Alerts for Frontier Cycles Pvt Ltd
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Frontier Cycles Pvt Ltd
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Frontier Cycles Pvt Ltd
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Frontier Cycles Pvt Ltd
Frontier Cycles has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Frontier Cycles Pvt Ltd
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Frontier Cycles Pvt Ltd
Frontier Cycles is an active private limited company based in Ludhiana, Punjab, India. The company works in bicycle mfg and retail, within the automotive industry. It was incorporated on 29 December 1980 (46+ years old) and is registered under CIN U35921PB1980PTC004362.
Frontier Cycles reported revenue of ₹1.05 Lakh for FY 2025 (down 24% YoY).
Frontier Cycles has 2 current directors:
- Renu Bhudhiraja - Director
- Manoj Kumar - Director
Frontier Cycles reported a net profit of ₹65,610 (net margin 62.7%) and EBITDA of ₹87,610 (EBITDA margin 83.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Frontier Cycles is -9% over three years and -10% over five years. In the latest year (FY 2025) revenue fell 24%. CAGR is the steady yearly rate that links the first and the last year.
No. Frontier Cycles has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Frontier Cycles is U35921PB1980PTC004362. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Frontier Cycles has 1 court case on record: 1 filed against it.
Frontier Cycles was incorporated on 29 December 1980, making it 46+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Frontier Cycles by revenue are Gati Cycles Private Limited, Psynyde Bikes Private Limited, Chandan Cycles Pvt Ltd, Aurega Cycles Private Limited, Jindal Cycles Private Limited and 5 more, all in the Automobiles industry (Cycles).
Manoj Kumar was appointed as Director on 27 Jan 2026. Renu Bhudhiraja was appointed as Director on 30 Nov 2006. Paramjit Singh was appointed as Director on 19 Mar 1991.