Gargo Motors Ltd
About Gargo Motors Ltd
Data last updated:
Gargo Motors Ltd is a public limited company based in Tinsukia, Assam, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 02 June 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Guwahati, under CIN U50101AS1997PLC005081. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.65 Cr. It is led by directors including Krishna Borthakur and Mili Borthakur.
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 A.T Road Hijuguri, Tinsukia, Assam, India – 786125.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.48 Lakh, a decline of 67% compared to the previous year. For the same year it recorded a net loss of ₹1.87 Cr and EBITDA of -₹1.85 Cr. Revenue has declined at a compounded annual rate (CAGR) of 59% over three years and 82% over five years.
The company has about 64 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹18 Cr on record. Court records list 8 cases involving the company, including 3 filed by the company and 3 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressA.T Road Hijuguri, Tinsukia, Assam, India – 786125
- IndustryAutomotive, Auto Dealership & Trading
- 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
Business Activity of Gargo Motors Ltd
The main business activity of Gargo Motors is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Gargo Motors Ltd FY 2025 filings available
Gargo Motors Ltd reported revenue of ₹3.48 Lakh (down 67% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Gargo Motors Ltd
Revenue has declined at a compounded annual rate (CAGR) of 82% over five years, including a 67% fall 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 Gargo Motors 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 | -₹1.85 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.87 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 of Gargo Motors Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Gargo Motors 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 Gargo Motors Ltd
Gargo Motors Ltd is compared with the companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Amit Tradelinks Private Limited | ₹3.52 Lakh (FY 2016) | •••• | •••• | -91.0% | •••• | Delhi, India |
| Drvkro Online Private Limited | ₹3.52 Lakh (FY 2024) | •••• | •••• | 585.0% | •••• | Ernakulam, Kerala, India |
| Luhadia Impex Private Limited | ₹3.5 Lakh (FY 2025) | •••• | •••• | 7.0% | •••• | Delhi, India |
| Goodluck Automobiles Private Limited | ₹3.5 Lakh (FY 2025) | •••• | •••• | -76.0% | •••• | Mehshana, Gujarat, India |
| Ram Hari Auto's Private Limited | ₹3.49 Lakh (FY 2016) | •••• | •••• | -100.0% | •••• | Mandi, Himachal Pradesh, India |
| Gargo Motors Ltd this company | ₹3.48 Lakh (FY 2025) | •••• | •••• | -67.0% | •••• | Tinsukia, Assam, India |
| Amit Agencies Private Limited | ₹3.46 Lakh (FY 2025) | •••• | •••• | -60.0% | •••• | Uttar Pradesh, India |
| Sri Ambal Equipments Private Limited | ₹3.42 Lakh (FY 2020) | •••• | •••• | -59.0% | •••• | Annur, Tamil Nadu, India |
| Fortius Consmach Private Limited | ₹3.4 Lakh (FY 2019) | •••• | •••• | -16.0% | •••• | New Delhi, Delhi, India |
| R. D. Wheels Private Limited | ₹3.39 Lakh (FY 2021) | •••• | •••• | -77.0% | •••• | Dibrugarh, Assam, India |
| Raghav Agricultural Services Private Limited | ₹3.38 Lakh (FY 2025) | •••• | •••• | 31.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Gargo Motors by revenue in the Automobiles industry (Auto and Components Dealers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Gargo Motors Ltd
Gargo Motors Ltd is audited by DAS B AND ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DAS B AND ASSOCIATES | 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 Gargo Motors Ltd
Gargo Motors 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 |
|---|---|---|---|---|
| Krishna Borthakur | Director | 02 Jun 1997 | 29 Years 4 Months | Current |
| Mili Borthakur | Additional Director | 14 Jan 2019 | 7 Years 8 Months | Current |
| Arundhati Baruah Also directs: Twin Towers Tradelink Private Limited | Additional Director | 14 Jan 2019 | 7 Years 8 Months | Current |
Ownership and Shareholding of Gargo Motors 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 Gargo Motors Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Mar 2019 | Axis Bank Limited | ₹3 Cr | Open |
| 21 Feb 2019 | Tata Capital Financial Services Limited | ₹5 Cr | Open |
| 27 Jun 2006 | State Bank of India | ₹10 Cr | Open |
Total charge records: 3 View all charges
Legal Cases of Gargo Motors Ltd
Gargo Motors Ltd has 8 court cases on record: 3 filed by Gargo Motors, 3 filed against it, 2 where it is another party. 1 case is pending and 7 are disposed. Status as checked between 28 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 2 | 0 |
| NCLT | 1 | 0 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Guwahati | Insolvency matter | Filed by the company against Tata Motors Finance Limited | Pending |
| District court, Jorhat, Assam | Court case (Complaint Case ( C R)) | Filed by the company against an individual | Disposed |
| District court, Dibrugarh, Assam | Civil suit | Filed against the company by an individual | Disposed |
| District court, Tinsukia, Assam | Court case (N I Act) | Filed by the company against an individual | Disposed |
| District court, Dibrugarh, Assam | Civil suit | Company is another party | Disposed |
Full case history
All 8 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 Gargo Motors Ltd
Gargo Motors Ltd has a workforce of 64 employees as of Apr 09, 2024.
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.
CIN History of Gargo Motors Ltd
Gargo Motors has one previous CIN (Corporate Identification Number): U50101AS1997PTC005081. The current CIN is U50101AS1997PLC005081, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U50101AS1997PLC005081 | Current |
| U50101AS1997PTC005081 | Previous |
Recent Activity on Gargo Motors Ltd
Gargo Motors Ltd has 5 board changes on record since 1997: 3 appointments and 2 cessations. The latest: Arundhati Baruah was appointed as Additional Director on 14 Jan 2019.
Credit Ratings, Litigation & Regulatory Alerts for Gargo Motors 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 Gargo Motors 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 Gargo Motors 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 Gargo Motors Ltd
Gargo Motors has 2 GST registrations on record, and all of them have been cancelled or are 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 Gargo Motors 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 Gargo Motors Ltd
Gargo Motors is an active public limited company based in Tinsukia, Assam, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 02 June 1997 (29+ years old) and is registered under CIN U50101AS1997PLC005081.
Gargo Motors reported revenue of ₹3.48 Lakh for FY 2025 (down 67% YoY).
Gargo Motors has 3 current directors:
- Krishna Borthakur - Director
- Mili Borthakur - Additional Director
- Arundhati Baruah - Additional Director
Gargo Motors reported a net loss of ₹1.87 Cr and EBITDA of -₹1.85 Cr for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Gargo Motors is -59% over three years and -82% over five years. In the latest year (FY 2025) revenue fell 67%. CAGR is the steady yearly rate that links the first and the last year.
No. Gargo Motors has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Gargo Motors is U50101AS1997PLC005081. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gargo Motors has 8 court cases on record: 3 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.
Gargo Motors was incorporated on 02 June 1997, making it 29+ years old. It is registered with the Registrar of Companies, Guwahati.
The peers of Gargo Motors by revenue are Amit Tradelinks Private Limited, Drvkro Online Private Limited, Luhadia Impex Private Limited, Goodluck Automobiles Private Limited, Ram Hari Auto's Private Limited and 5 more, all in the Automobiles industry (Auto and Components Dealers).
Arundhati Baruah was appointed as Additional Director on 14 Jan 2019. Mili Borthakur was appointed as Additional Director on 14 Jan 2019. Pranjal Sarma ceased to be Director on 09 Jan 2019. Gargo Motors has 5 board changes on record in total.