Ishwari Motors Private Limited
About Ishwari Motors Private Limited
Data last updated:
Ishwari Motors Private Limited is a private limited company based in Bicholim, Goa, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 14 March 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U50400GA2012PTC006900. Its GSTIN is 30AACCI8656H2ZK (Goa). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹81 Lakh and a paid-up capital of ₹81 Lakh. It was formerly known as Iswari Motors Private Limited. It is led by directors Twinkle Anant Vernekar (Managing Director) and Anant Narayan Vernekar.
Its last annual general meeting (AGM) was held on 23 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 1424 – A F3 Navnath Chambers, Bicholim, Goa, India – 403504.
As per the financials filed for FY 2017, the company reported a revenue of ₹2.37 Cr, a growth of 37% compared to the previous year. For the same year it recorded a net profit of ₹7.76 Lakh (net margin 3.3%) and EBITDA of ₹22.58 Lakh (EBITDA margin 9.5%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years.
The company has about 14 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5.7 Cr and satisfied charges of ₹2.15 Cr on record. Court records list 5 cases involving the company, including 5 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Ishwari Motors Private Limited's registered office is in Bicholim, Goa. Its e-mail address is in the company report.
- Email
- Registered Address1424 – A F3 Navnath Chambers, Bicholim, Goa, India – 403504
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Ishwari 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
Business activity
The main business activity of Ishwari 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 Ishwari Motors Private Limited, buy the company report.
Financials of Ishwari Motors Private Limited
FY 2017 filings availableIshwari Motors Private Limited reported revenue of ₹2.37 Cr (up 37% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 16% over three years, including 37% growth in the latest year. EBITDA rose 210% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹2.37 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹22.58 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹7.76 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 9.5% | ||
| Net Profit Margin | 3.3% | ||
| 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 Ishwari Motors Private Limited, buy the company report.
Board of directors of Ishwari Motors Private Limited
Ishwari Motors 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 |
|---|---|---|---|---|
| Anant Narayan Vernekar | Director | 14 Mar 2012 | 14 Years 7 Months | Current |
| Twinkle Anant Vernekar | Managing Director | 14 Mar 2012 | 14 Years 7 Months | Current |
Auditor
Ishwari Motors Private Limited is audited by J S V & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J S V & CO | FY 2017 | 123269W |
Shareholding
The shareholding of Ishwari Motors Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ishwari Motors Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Sep 2018 | 100216748 | Tata Capital Financial Services Limited | ₹2 Cr | Open | |
| 17 Nov 2017 | 100139259 | Others | ₹3.7 Cr | Open | |
| 15 Oct 2016 | 100058599 | Others | ₹1 Cr | Satisfied | |
| 05 Sep 2013 | 10451559 | Bank of India | ₹4.8 Lakh | Satisfied | |
| 24 Aug 2013 | 10452021 | State Bank of India | ₹50 Lakh | Satisfied |
To see the full charge records of Ishwari Motors Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Ishwari Motors Private Limited has 5 court cases on record: 5 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 1 |
Cases on record (3 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Tata Motors Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by TML Distribution Company Ltd. | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by M/S Tata Capital Financial Services Ltd | Disposed |
To see the full case history of Ishwari 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ishwari Motors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ishwari Motors Private Limited has a workforce of 14 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Ishwari Motors has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AACCI8656H2ZK | Goa | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ishwari Motors Private Limited, buy the company report.
Recent activity
Ishwari Motors Private Limited has 3 board changes on record since 2012: 2 appointments and 1 cessation. The latest: Twinkle Anant Vernekar ceased to be Director on 01 Apr 2012.
5 earlier events are in the company report.
Frequently asked questions
Ishwari Motors is an active private limited company based in Bicholim, Goa, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 14 March 2012 (14+ years old) and is registered under CIN U50400GA2012PTC006900.
Ishwari Motors has 2 current directors:
- Twinkle Anant Vernekar - Managing Director
- Anant Narayan Vernekar - Director
The latest financial statements of Ishwari Motors on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 23 September 2017. Year-wise statements from 2015 are in the company report.
The GSTIN of Ishwari Motors is 30AACCI8656H2ZK, registered in Goa. 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 Ishwari Motors is U50400GA2012PTC006900. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ishwari Motors has 5 court cases on record: 5 filed against it. 1 is pending.
Ishwari Motors was incorporated on 14 March 2012, making it 14+ years old. It is registered with the Registrar of Companies, Goa.
Twinkle Anant Vernekar ceased to be Director on 01 Apr 2012. Anant Narayan Vernekar was appointed as Director on 14 Mar 2012. Twinkle Anant Vernekar was appointed as Managing Director on 14 Mar 2012.
The registered office of Ishwari Motors is at 1424 – A F3 Navnath Chambers, Bicholim, Goa, India – 403504.
Ishwari Motors operates in the automotive industry, in the auto dealership and trading segment.
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