About Goyal Automotive Private Limited
Data last updated:
Goyal Automotive Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 09 October 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U50101PB2002PTC025492. Its GSTIN is 03AABCG9606N1ZG (Punjab).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.86 Cr. It was formerly known as Goyal Automotive Limited. It is led by directors including Samriti Goyal and Gitansh Goyal.
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 Industrial Area Village Jugiana G T Road, Ludhiana, Punjab, India – 141120.
As per the financials filed for FY 2025, the company reported a revenue of ₹519.51 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹1.61 Cr (net margin 0.3%) and EBITDA of ₹12.17 Cr (EBITDA margin 2.3%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 11% over five years.
The company has about 66 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Goyal Hyundai and Gitansh Group. As per MCA filings, the company has open charges of ₹130.57 Cr and satisfied charges of ₹17.45 Cr on record. Court records list 76 cases involving the company, including 64 filed by the company and 14 filed against it; 11 cases are pending. The company has 6 deals on record (4 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹37 Lakh; the latest was in March 2023. Its 9 peer companies in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading) are compared by revenue, 5 larger and 4 smaller; the largest is Somya Vehicles Private Limited with revenue of ₹522.77 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gitanshgroup.com.
Company details
CIN history
Goyal Automotive has one previous CIN (Corporate Identification Number): U50101PB2002PLC025492. The current CIN is U50101PB2002PTC025492, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U50101PB2002PTC025492 | Current |
| U50101PB2002PLC025492 | Previous |
Contact details
Goyal Automotive Private Limited's registered office is in Ludhiana, Punjab. Its website is gitanshgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressIndustrial Area Village Jugiana G T Road, Ludhiana, Punjab, India – 141120
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Goyal Automotive 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
Brands
Goyal Automotive operates two associated brands: Goyal Hyundai and Gitansh Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates as a dealership offering vehicle sales and service. | goyalhyundai.com | |
| Web services, file management, and server operations for Gitansh Group. | gitanshgroup.com |
Business activity
The main business activity of Goyal Automotive 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 Goyal Automotive Private Limited, buy the company report.
Financials of Goyal Automotive Private Limited
FY 2025 filings availableGoyal Automotive Private Limited reported revenue of ₹519.51 Cr (down 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. 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 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 | ₹12.17 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.61 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.3% | ||||
| Net Profit Margin | 0.3% | ||||
| 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 Goyal Automotive Private Limited, buy the company report.
Board of directors of Goyal Automotive Private Limited
Goyal Automotive has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Samriti Goyal Also directs: Gitansh Autowheels Private Limited, Gitansh Motors Private Limited, Gitansh Autos Private Limited and 1 more | Director | 01 Sep 2022 | 4 Years 2 Months | Current |
| Gitansh Goyal Also directs: Ultrasheet Metalics LLP, Gitansh Autowheels Private Limited, Gitansh Motors Private Limited and 2 more | Director | 20 Mar 2025 | 1 Years 7 Months | Current |
| Luv Goyal Also directs: Ultrasheet Metalics LLP, Gitansh Autowheels Private Limited, Gitansh Motors Private Limited and 2 more | Director | 09 Oct 2002 | 24 Years 0 Months | Current |
Peer comparison
Goyal Automotive Private Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| Somya Vehicles Private Limited | ₹522.77 Cr (FY 2024) | 61.0% | Gwalior, Madhya Pradesh, India | |||
| Mohan Auto Industries Private Limited | ₹522.45 Cr (FY 2025) | 3.0% | Kolhapur, Maharashtra, India | |||
| Frostees India Private Limited | ₹522.42 Cr (FY 2025) | -20.0% | Kolkata, West Bengal, India | |||
| Tayal India Motors Private Limited | ₹520.27 Cr (FY 2025) | 40.0% | New Delhi, Delhi, India | |||
| Bikaner Motors Private Limited | ₹519.54 Cr (FY 2025) | 30.0% | Bikaner, Rajasthan, India | |||
| Goyal Automotive Private Limitedthis company | ₹519.51 Cr (FY 2025) | ₹1.61 Cr | 0.3% | -5.0% | 66 | Ludhiana, Punjab, India |
| Epitome Automobiles Private Limited | ₹516.08 Cr (FY 2024) | 16.0% | Bengaluru, Karnataka, India | |||
| J.S.V Motors and Constructions Private Limited | ₹512.87 Cr (FY 2025) | 19.0% | Lucknow, Uttar Pradesh, India | |||
| Dhingra Trucking Private Limited | ₹512.76 Cr (FY 2024) | 20.0% | Gurugram, Haryana, India | |||
| Ujwal Automotives Private Limited | ₹510.68 Cr (FY 2025) | 31.0% | Dhule, Maharashtra, India |
To see the full peer comparison of Goyal Automotive Private Limited, buy the company report.
Auditor
Goyal Automotive Private Limited is audited by Romesh K. Aggarwal Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Romesh K. Aggarwal Associates | FY 2023 | 000711N |
Shareholding
The shareholding of Goyal Automotive Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | 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 Goyal Automotive Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jul 2025 | 101140670 | Others | ₹96.71 Lakh | Open | |
| 21 Jun 2024 | 100956845 | Hdfc Bank Limited | ₹2.25 Cr | Open | |
| 10 Apr 2023 | 100731477 | Hdfc Bank Limited | ₹99 Lakh | Open | |
| 01 Mar 2023 | 100709413 | Hdfc Bank Limited | ₹1.75 Cr | Open | |
| 15 Nov 2021 | 100509181 | Others | ₹15 Cr | Open |
To see the full charge records of Goyal Automotive Private Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Goyal Automotive Private Limited has 6 deals on record (4 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹37 Lakh; the latest was in March 2023.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Gitansh Automotive Private Limited |
| Sep 2022 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Ankush Goyal & Sons Huf, 3 individuals |
| Mar 2019 | Rights issue | ₹3.9 Lakh | Investors: 2 individuals |
| Dec 2017 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Gitansh Motors Private Limited |
| Jul 2015 | Funding round | ₹37 Lakh | Investors: Gitansh Automotive Private Limited |
To see the full deal history of Goyal Automotive Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Goyal Automotive Private Limited has 76 court cases on record: 64 filed by Goyal Automotive, 14 filed against it. 11 cases are pending and 65 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 63 | 10 | 7 |
| High courts | 10 | 3 | 4 |
| Supreme Court | 3 | 1 | 0 |
Cases on record (5 of 76)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Civil suit | Filed by the company against United India Insurance Company Limited | Pending |
| High Court, PUNJAB | Revision petition | Filed against the company by M/S Goyal Automotive Pvt Ltd and 1 other | Disposed |
| High Court, PUNJAB | Writ petition | Filed against the company by M/S Goyal Automotive Pvt Ltd and 1 other | Disposed |
| High Court, PUNJAB | Revision petition | Filed by the company against M/S Goyal Automotive Pvt Ltd and 1 other | Disposed |
| High Court, PUNJAB | Writ petition | Filed by the company against Goyal Automotive Pvt Ltd and 3 others | Disposed |
To see the full case history of Goyal Automotive 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Goyal Automotive Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Goyal Automotive Private Limited has a workforce of 66 employees on its EPFO records as of Apr 06, 2024, across 2 active EPFO establishments.
GST
Goyal Automotive has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCG9606N1ZG | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Goyal Automotive Private Limited, buy the company report.
Recent activity
Goyal Automotive Private Limited has 8 board changes on record since 2002: 3 appointments and 5 cessations. The latest: Gitansh Goyal ceased to be Additional Director on 29 Sep 2025.
17 earlier events are in the company report.
Frequently asked questions
Goyal Automotive is an active private limited company based in Ludhiana, Punjab, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 09 October 2002 (24+ years old) and is registered under CIN U50101PB2002PTC025492.
Goyal Automotive has 3 current directors:
- Samriti Goyal - Director
- Gitansh Goyal - Director
- Luv Goyal - Director
The latest financial statements of Goyal Automotive 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 Goyal Automotive is 03AABCG9606N1ZG, registered in Punjab.
The CIN (Corporate Identification Number) of Goyal Automotive is U50101PB2002PTC025492. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Goyal Automotive has 76 court cases on record: 64 filed by the company and 14 filed against it. 11 are pending. Most are in the district courts.
Goyal Automotive was incorporated on 09 October 2002, making it 24+ years old. It is registered with the Registrar of Companies, Chandigarh.
Goyal Automotive has 6 deals on record (4 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹37 Lakh; the latest was in March 2023.
The peers of Goyal Automotive by revenue are Somya Vehicles Private Limited, Mohan Auto Industries Private Limited, Frostees India Private Limited, Tayal India Motors Private Limited, Bikaner Motors Private Limited and 4 more, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).
Gitansh Goyal ceased to be Additional Director on 29 Sep 2025. Kamal Kishore Goyal ceased to be Director on 31 Mar 2025. Rashmi Goyal ceased to be Director on 31 Mar 2025. Goyal Automotive has 8 board changes on record in total.
Goyal Automotive can be reached through the website gitanshgroup.com. Its registered office is in Ludhiana, Punjab, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
