About Goyal Motors Private Limited
Data last updated:
Goyal Motors Private Limited is a private limited company based in Solan, Himachal Pradesh, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 13 November 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Himachal Pradesh, under CIN U50102HP1996PTC019036. Its GSTIN is 02AAACG8470H2ZR (Himachal Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.37 Cr. It is led by directors including Nisha Goyal (Whole-Time Director) and Sahaj Shabad Goyal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 01 December 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Deonghat Post Office Saproon, Solan, Himachal Pradesh, India – 173211.
As per the financials filed for FY 2025, the company reported a revenue of ₹457.81 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹4.87 Cr (net margin 1.1%) and EBITDA of ₹17.8 Cr (EBITDA margin 3.9%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 6% over five years.
The company has about 399 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Goyal Motors. As per MCA filings, the company has open charges of ₹83.7 Cr and satisfied charges of ₹72 Cr on record. Court records list 12 cases involving the company, including 12 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website goyalmotors.com.
Company details
Contact details
Goyal Motors Private Limited's registered office is in Solan, Himachal Pradesh. Its website is goyalmotors.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressDeonghat Post Office Saproon, Solan, Himachal Pradesh, India – 173211
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Goyal Motors 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 Motors operates one associated brand: Goyal Motors. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Maruti Suzuki dealership offering car sales, services, and second-hand vehicles in Himachal Pradesh. | goyalmotors.com |
Business activity
The main business activity of Goyal Motors 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 Motors Private Limited, buy the company report.
Financials of Goyal Motors Private Limited
FY 2025 filings availableGoyal Motors Private Limited reported revenue of ₹457.81 Cr (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 15% growth in the latest year. EBITDA fell 2% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹17.8 Cr | ||||
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| Net Profit (PAT) | ₹4.87 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.9% | ||||
| Net Profit Margin | 1.1% | ||||
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To see the full financial statements and ratios of Goyal Motors Private Limited, buy the company report.
Board of directors of Goyal Motors Private Limited
Goyal 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 |
|---|---|---|---|---|
| Nisha Goyal | Whole-Time Director | 30 Sep 2011 | 15 Years 1 Months | Current |
| Sahaj Shabad Goyal Also directs: Livetimes Media Private Limited, A G Nutrition Private Limited | Whole-Time Director | 30 Sep 2011 | 15 Years 1 Months | Current |
| Sukrita Goyal | Whole-Time Director | 01 Sep 2019 | 7 Years 2 Months | Current |
Peer comparison
Goyal Motors 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 |
|---|---|---|---|---|---|---|
| Kropex Auto Private Limited | ₹460.6 Cr (FY 2025) | -21.0% | Bangalore, Karnataka, India | |||
| L M J Services Ltd | ₹460.13 Cr (FY 2025) | 9.0% | Kolkata, West Bengal, India | |||
| Cargo Motors (Kutch) Private Limited | ₹459.29 Cr (FY 2025) | -20.0% | New Delhi, Delhi, India | |||
| Avg Motors Private Limited | ₹459.24 Cr (FY 2025) | 9.0% | Kottayam, Kerala, India | |||
| Goyal Motors Private Limitedthis company | ₹457.81 Cr (FY 2025) | ₹4.87 Cr | 1.1% | 15.0% | 399 | Solan, Himachal Pradesh, India |
| Cargo Motors (Rajasthan) Private Limited | ₹457.51 Cr (FY 2025) | -9.0% | New Delhi, Delhi, India | |||
| Savan Ib Autowings Private Limited | ₹457.17 Cr (FY 2025) | 19.0% | Rajkot, Gujarat, India | |||
| Dewan Fourwheels Private Limited | ₹456.58 Cr (FY 2025) | 25.0% | Narnaul, Haryana, India | |||
| Lohchab Motor Company Private Limited | ₹455.96 Cr (FY 2025) | 27.0% | New Delhi, Delhi, India | |||
| Simran Motors Private Limited | ₹453.77 Cr (FY 2025) | 4.0% | Panvel, Maharashtra, India |
To see the full peer comparison of Goyal Motors Private Limited, buy the company report.
Auditor
Goyal Motors Private Limited is audited by K J M A & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K J M A & Associates | FY 2023 | 0010895N |
Shareholding
The shareholding of Goyal Motors 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Goyal Motors Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Sep 2025 | 101170392 | Others | ₹21 Cr | Open | |
| 02 Sep 2025 | 101160771 | Standard Chartered Bank | ₹5 Cr | Open | |
| 05 Aug 2025 | 101159297 | Others | ₹10 Cr | Open | |
| 17 Mar 2025 | 101068664 | Hdfc Bank Limited | ₹70 Lakh | Open | |
| 27 Nov 2024 | 101005890 | Idbi Bank Limited | ₹15 Cr | Open |
To see the full charge records of Goyal Motors Private Limited, buy the company report.
Total charge records: 14 View all charges
Legal cases
Goyal Motors Private Limited has 12 court cases on record: 12 filed against it. 3 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 11 | 3 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Sirmaur, Himachal Pradesh | Civil suit | Filed against the company by an individual | Pending |
| District court, Solan, Himachal Pradesh | Court case (Motor Vehc Act) | Filed against the company by State of HP | Pending |
| District court, Solan, Himachal Pradesh | Court case (Motor Vehc Act) | Filed against the company by State of HP | Pending |
| District court, Solan, Himachal Pradesh | Court case (Motor Vehc Act) | Filed against the company by State of HP | Disposed |
| District court, Kinnaur, Himachal Pradesh | Court case (A.i.r) | Filed against the company by an individual | Disposed |
To see the full case history of Goyal Motors 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
Goyal Motors Private Limited was last rated by Care on 09 Dec 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 09 Dec 2021 |
To see the full credit ratings and regulatory alerts of Goyal Motors Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Goyal Motors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Goyal Motors Private Limited has a workforce of 399 employees on its EPFO records as of Oct 11, 2025, across 2 active EPFO establishments.
GST
Goyal Motors has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02AAACG8470H2ZR | Himachal Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Goyal Motors Private Limited, buy the company report.
Recent activity
Goyal Motors Private Limited has 7 board changes on record since 1996: 5 appointments and 2 cessations. The latest: Sukrita Goyal was appointed as Whole-Time Director on 01 Sep 2019.
20 earlier events are in the company report.
Frequently asked questions
Goyal Motors is an active private limited company based in Solan, Himachal Pradesh, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 13 November 1996 (30+ years old) and is registered under CIN U50102HP1996PTC019036.
Goyal Motors has 3 current directors:
- Nisha Goyal - Whole-Time Director
- Sahaj Shabad Goyal - Whole-Time Director
- Sukrita Goyal - Whole-Time Director
The latest financial statements of Goyal Motors on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 01 December 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Goyal Motors is 02AAACG8470H2ZR, registered in Himachal Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Goyal Motors is U50102HP1996PTC019036. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Goyal Motors has 12 court cases on record: 12 filed against it. 3 are pending. Most are in the district courts.
Goyal Motors was incorporated on 13 November 1996, making it 30+ years old. It is registered with the Registrar of Companies, Himachal Pradesh.
The peers of Goyal Motors by revenue are Kropex Auto Private Limited, L M J Services Ltd, Cargo Motors (Kutch) Private Limited, Avg Motors Private Limited, Cargo Motors (Rajasthan) Private Limited and 4 more, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).
Sukrita Goyal was appointed as Whole-Time Director on 01 Sep 2019. Neeraj Goyal ceased to be Director on 19 Nov 2013. Pankaj Goyal ceased to be Managing Director on 31 Oct 2011. Goyal Motors has 7 board changes on record in total.
Goyal Motors can be reached through the website goyalmotors.com. Its registered office is in Solan, Himachal Pradesh, India.
The registered office of Goyal Motors is at Deonghat Post Office Saproon, Solan, Himachal Pradesh, India – 173211.
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