About J P Cycles Pvt Ltd
Data last updated:
J P Cycles Pvt Ltd is a private limited company based in Ludhiana, Punjab, India. It operates in the bicycle mfg and retail segment of the automotive sector. It was incorporated on 19 April 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U35921PB1990PTC010316. Its GSTIN is 03AAACJ7640N1ZG (Punjab).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹19.8 Lakh. It is led by directors including Balwinder Singh and Simarpreet Singh.
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 Igill Road Ludhiana, Punjab, India – 141003.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.55 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹23,669 (net margin 0.2%) and EBITDA of ₹8.62 Lakh (EBITDA margin 5.6%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 5% over five years.
As per MCA filings, the company has open charges of ₹1.05 Cr on record. Court records list 6 cases involving the company, including 6 filed by the company; 5 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 jpcycle.net.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressA T Igill Road Ludhiana, Punjab, India – 141003
- IndustryAutomotive, Bicycle Mfg & Retail
- 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 J P Cycles Pvt Ltd
The main business activity of J P Cycles is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | 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 J P Cycles Pvt Ltd FY 2025 filings available
J P Cycles Pvt Ltd reported revenue of ₹1.55 Cr (down 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of J P Cycles Pvt Ltd
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA rose 4% 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 J P Cycles Pvt 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 | ₹8.62 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹23,669 | •••• | •••• | •••• | •••• |
| 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 J P Cycles Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.6% | •••• | •••• | •••• | •••• |
| 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 J P Cycles 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 J P Cycles Pvt Ltd
J P Cycles Pvt Ltd is compared with the companies closest to it by revenue in the Automobiles industry (Cycles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Trendesign Technical Center Private Limited | ₹1.75 Cr (FY 2024) | •••• | •••• | -7.0% | •••• | Faridabad, Haryana, India |
| True Motion Private Limited | ₹1.69 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Karnal, Haryana, India |
| Road Master Autotech Private Limited | ₹1.63 Cr (FY 2024) | •••• | •••• | -70.0% | •••• | New Delhi, Delhi, India |
| Sar Steel Balls Private Ltd | ₹1.6 Cr (FY 2024) | •••• | •••• | -57.0% | •••• | Delhi, India |
| Commercial Hospitality Limited | ₹1.58 Cr (FY 2025) | •••• | •••• | 248.0% | •••• | Delhi, India |
| J P Cycles Pvt Ltd this company | ₹1.55 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Ludhiana, Punjab, India |
| Transworld E Cycles Private Limited | ₹1.54 Cr (FY 2024) | •••• | •••• | -79.0% | •••• | Chennai, Tamil Nadu, India |
| Alfa Cycles Private Limited | ₹1.47 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Navi Mumbai, Maharashtra, India |
| Bee Kay Cycles Private Limited | ₹1.27 Cr (FY 2020) | •••• | •••• | 5.0% | •••• | New Delhi, Delhi, India |
| Chennai Cycles Private Limited | ₹1.26 Cr (FY 2025) | •••• | •••• | •••• | Coimbatore, Tamil Nadu, India | |
| Hyderabad Bicycling Club | ₹1.19 Cr (FY 2024) | •••• | •••• | 144.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below J P Cycles by revenue in the Automobiles industry (Cycles), 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 J P Cycles Pvt Ltd
J P Cycles Pvt Ltd is audited by J. PAUL GUPTA & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J. PAUL GUPTA & CO. | 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 J P Cycles Pvt Ltd
J P Cycles has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balwinder Singh | Director | 19 Apr 1990 | 36 Years 5 Months | Current |
| Simarpreet Singh | Additional Director | 10 Jan 2024 | 2 Years 9 Months | Current |
| Manpreet Singh | Additional Director | 10 Jan 2024 | 2 Years 9 Months | Current |
Ownership and Shareholding of J P Cycles Pvt 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 J P Cycles Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 May 2004 | Canara Bank | ₹30 Lakh | Open |
| 05 Oct 2001 | Canara Bank | ₹60 Lakh | Open |
| 30 Jul 2001 | Canara Bank | ₹13 Lakh | Open |
| 31 Oct 1991 | Punjab National Bank | ₹2.3 Lakh | Open |
Total charge records: 4 View all charges
Legal Cases of J P Cycles Pvt Ltd
J P Cycles Pvt Ltd has 6 court cases on record: 6 filed by J P Cycles. 5 cases are pending and 1 is disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 0 | 5 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Civil suit | Filed by the company against an individual | Pending |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against Mehar Tech Company | Pending |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against an individual | Pending |
| District court, Ludhiana, Punjab | Civil suit | Filed by the company against Sokhi Infrastructure | Pending |
| District court, Ludhiana, Punjab | Criminal miscellaneous application | Filed by the company against an individual | Disposed |
Full case history
All 6 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.
MSME Payment Delays by J P Cycles Pvt Ltd
J P Cycles Pvt Ltd has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 23 overdue payments to 9 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Harbhajan Singh & Sons | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at J P Cycles Pvt Ltd
Employment history and EPFO contributions of people linked to J P Cycles.
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 J P Cycles Pvt Ltd
J P Cycles Pvt Ltd has 5 board changes on record since 1990: 4 appointments and 1 cessation. The latest: Manpreet Singh was appointed as Additional Director on 10 Jan 2024.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for J P Cycles Pvt 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.
Subsidiaries & Group Companies of J P Cycles Pvt 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 J P Cycles Pvt Ltd
J P Cycles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACJ7640N1ZG | Punjab | Active | 01 Jul 2017 |
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 J P Cycles Pvt 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 J P Cycles Pvt Ltd
J P Cycles is an active private limited company based in Ludhiana, Punjab, India. The company works in bicycle mfg and retail, within the automotive industry. It was incorporated on 19 April 1990 (36+ years old) and is registered under CIN U35921PB1990PTC010316.
J P Cycles reported revenue of ₹1.55 Cr for FY 2025 (down 15% YoY).
J P Cycles has 3 current directors:
- Balwinder Singh - Director
- Simarpreet Singh - Additional Director
- Manpreet Singh - Additional Director
J P Cycles reported a net profit of ₹23,669 (net margin 0.2%) and EBITDA of ₹8.62 Lakh (EBITDA margin 5.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of J P Cycles is 7% over three years and 5% over five years. In the latest year (FY 2025) revenue fell 15%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of J P Cycles is 03AAACJ7640N1ZG, registered in Punjab.
The CIN (Corporate Identification Number) of J P Cycles is U35921PB1990PTC010316. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
J P Cycles has 6 court cases on record: 6 filed by the company. 5 are pending.
J P Cycles was incorporated on 19 April 1990, making it 36+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of J P Cycles by revenue are Trendesign Technical Center Private Limited, True Motion Private Limited, Road Master Autotech Private Limited, Sar Steel Balls Private Ltd, Commercial Hospitality Limited and 5 more, all in the Automobiles industry (Cycles).
Manpreet Singh was appointed as Additional Director on 10 Jan 2024. Prem Singh ceased to be Director on 10 Jan 2024. Simarpreet Singh was appointed as Additional Director on 10 Jan 2024. J P Cycles has 5 board changes on record in total.
J P Cycles has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 23 overdue payments to 9 micro and small suppliers. The latest return was filed on 08 Jun 2019.