Heritage Wheels Private Limited
About Heritage Wheels Private Limited
Data last updated:
Heritage Wheels Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 14 December 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U50300MH2012PTC238788. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹27.5 Lakh. It is led by directors Siddhnarayan Rambahur Upadhyay and Virendra Deviprasad Upadhyay.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Thane, Maharashtra.
As per the financials filed for FY 2020, the company reported a revenue of ₹22.74 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹5.39 Lakh (net margin 0.2%) and EBITDA of ₹38.48 Lakh (EBITDA margin 1.7%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 8% over five years.
As per MCA filings, the company has open charges of ₹4.43 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressShop No. 4 Meena Apartment Eastern Express Highway Panchpakhadi T, Hane (W, Thane, Maharashtra, India – 400604
- 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 Heritage Wheels Private Limited
The main business activity of Heritage Wheels is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale 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 Heritage Wheels Private Limited FY 2020 filings available
Heritage Wheels Private Limited reported revenue of ₹22.74 Cr (down 6% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Heritage Wheels Private Limited
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 41% 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 Heritage Wheels Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹22.74 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹38.48 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.39 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 of Heritage Wheels Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.2% | •••• | •••• | •••• | •••• |
| 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 Heritage Wheels 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 Heritage Wheels Private Limited
Heritage Wheels Private Limited 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 |
|---|---|---|---|---|---|---|
| Vishwas Autolink Private Limited | ₹22.89 Cr (FY 2024) | •••• | •••• | 70.0% | •••• | Surat, Gujarat, India |
| Pappu Tractors Private Limited | ₹22.87 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Karnal, Haryana, India |
| Gajanan Automotive (Satara) Private Limited | ₹22.79 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Satara, Maharashtra, India |
| Rishav Vyapaar Private Limited | ₹22.79 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Patna, Bihar, India |
| Velocity Automotives Private Limited | ₹22.78 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | Ambala, Haryana, India |
| Heritage Wheels Private Limited this company | ₹22.74 Cr (FY 2020) | •••• | •••• | -6.0% | •••• | Thane, Maharashtra, India |
| S M K Motor Private Limited | ₹22.74 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Chennai, Tamil Nadu, India |
| Kauntia Motor Works Pvt Ltd | ₹22.74 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | Kolkata, West Bengal, India |
| Ajs Riders Private Limited | ₹22.71 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Bareilly, Uttar Pradesh, India |
| Tusker Enterprises Private Limited | ₹22.69 Cr (FY 2023) | •••• | •••• | -11.0% | •••• | Bangalore, Karnataka, India |
| Sri Sri Enterprises Private Limited | ₹22.68 Cr (FY 2024) | •••• | •••• | -3.0% | •••• | Nizamabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Heritage Wheels 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 Heritage Wheels Private Limited
Heritage Wheels Private Limited is audited by DILIP THAKKAR & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DILIP THAKKAR & 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 Heritage Wheels Private Limited
Heritage Wheels has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siddhnarayan Rambahur Upadhyay | Director | 01 Apr 2017 | 9 Years 6 Months | Current |
| Virendra Deviprasad Upadhyay | Director | 15 Dec 2014 | 11 Years 9 Months | Current |
Ownership and Shareholding of Heritage Wheels Private Limited
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 Heritage Wheels Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Sep 2020 | Others | ₹28.45 Lakh | Open |
| 26 Dec 2019 | Axis Bank Limited | ₹1 Cr | Open |
| 23 Dec 2016 | Others | ₹90 Lakh | Open |
| 09 May 2013 | Oriental Bank of Commerce | ₹2.25 Cr | Open |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Heritage Wheels Private Limited
Employment history and EPFO contributions of people linked to Heritage Wheels.
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 Heritage Wheels Private Limited
Heritage Wheels Private Limited has 6 board changes on record since 2014: 2 appointments and 4 cessations. The latest: Anand Sharad Patwardhan ceased to be Director on 05 Apr 2017.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Heritage Wheels Private Limited
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 Heritage Wheels Private Limited
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 Heritage Wheels Private Limited
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 Heritage Wheels Private Limited
Heritage Wheels 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 Heritage Wheels Private Limited
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 Heritage Wheels Private Limited
Heritage Wheels is an active private limited company based in Thane, Maharashtra, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 14 December 2012 (14+ years old) and is registered under CIN U50300MH2012PTC238788.
Heritage Wheels reported revenue of ₹22.74 Cr for FY 2020 (down 6% YoY).
Heritage Wheels has 2 current directors:
- Siddhnarayan Rambahur Upadhyay - Director
- Virendra Deviprasad Upadhyay - Director
Heritage Wheels reported a net profit of ₹5.39 Lakh (net margin 0.2%) and EBITDA of ₹38.48 Lakh (EBITDA margin 1.7%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Heritage Wheels is 2% over three years and 8% over five years. In the latest year (FY 2020) revenue fell 6%. CAGR is the steady yearly rate that links the first and the last year.
No. Heritage Wheels has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Heritage Wheels is U50300MH2012PTC238788. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Heritage Wheels was incorporated on 14 December 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Heritage Wheels by revenue are Vishwas Autolink Private Limited, Pappu Tractors Private Limited, Gajanan Automotive (Satara) Private Limited, Rishav Vyapaar Private Limited, Velocity Automotives Private Limited and 5 more, all in the Automobiles industry (Auto and Components Dealers).
Anand Sharad Patwardhan ceased to be Director on 05 Apr 2017. Siddhnarayan Rambahur Upadhyay was appointed as Director on 01 Apr 2017. Virendra Deviprasad Upadhyay ceased to be Additional Director on 30 Sep 2015. Heritage Wheels has 6 board changes on record in total.
The registered office of Heritage Wheels is at Shop No. 4 Meena Apartment Eastern Express Highway Panchpakhadi T, Hane W, Thane, Maharashtra, India – 400604.