Jitendra Wheels (Nasik) Private Limited

Jitendra Wheels (Nasik) Private Limited - automotive in Nashik, Maharashtra, India. FY 2026 financials & compliance.
CIN U01110MH1996PTC103959 Incorporated 15 November 1996 ROC Mumbai HQ Nashik, Maharashtra, India
Active Private Limited Company automotive
Data last updated
Revenue · FY 2025
₹267.3 Cr
▲ 19% YoY
Net profit · FY 2025
₹5.24 Cr
Net margin 2%
EBITDA · FY 2025
₹9.3 Cr
EBITDA margin 3.5%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹52.13 Cr
Satisfied ₹6 Cr
Company age
30 yrs
Est. 1996
Directors on board
4
As per MCA filings

About Jitendra Wheels (Nasik) Private Limited

Data last updated:

Jitendra Wheels (Nasik) Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 15 November 1996 and has been in existence for over 30 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U01110MH1996PTC103959. Its GSTIN is 27AAACE9422D1ZW (Maharashtra).

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Emerald Fields Private Limited. It is led by directors including Pritesh Pramod Shah and Jitendra Shevantilal Shah.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Honda Showroom 60 Feet Rdganjmal Nashik, Maharashtra, India – 422002.

As per the financials filed for FY 2025, the company reported a revenue of ₹267.3 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹5.24 Cr (net margin 2%) and EBITDA of ₹9.3 Cr (EBITDA margin 3.5%). Revenue has grown at a compounded annual rate (CAGR) of 44% over three years and 32% over five years.

The company is associated with 1 brand: Jitendra New EV Tech. As per MCA filings, the company has open charges of ₹52.13 Cr and satisfied charges of ₹6 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U01110MH1996PTC103959
Registration Number 103959
Incorporation Date 15 November 1996
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

Contact details

Jitendra Wheels (Nasik) Private Limited's registered office is in Nashik, Maharashtra. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Honda Showroom 60 Feet Rdganjmal Nashik, Maharashtra, India – 422002
  • Industry
    Automotive, Auto Dealership & Trading

To see the full contact details of Jitendra Wheels (Nasik) Private Limited, buy the company report.

Comprehensive company report
Jitendra Wheels (Nasik) Private Limited - one report that includes everything
  • 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
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Brands

Jitendra Wheels (Nasik) operates one associated brand: Jitendra New EV Tech. Each brand links to its own profile.

BrandDescriptionWebsite
Produces electric scooters and bikes for eco-friendly transportation solutions.jitendraev.com

Business activity

The main business activity of Jitendra Wheels (Nasik) is trade. In detail, this covers retail trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading

To see the full business activity and turnover split of Jitendra Wheels (Nasik) Private Limited, buy the company report.

Financials of Jitendra Wheels (Nasik) Private Limited

FY 2024 filings available

Jitendra Wheels (Nasik) Private Limited reported revenue of ₹267.3 Cr (up 19% YoY) for FY 2025.

Revenue · FY 2025
₹267.3 Cr ▲ 19%
Net profit · FY 2025
₹5.24 Cr margin 2%
EBITDA · FY 2025
₹9.3 Cr margin 3.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 19%
3 years · compounded
▲ 44%
5 years · compounded
▲ 32%
EBITDA CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 28%
5 years · compounded
▲ 21%

Revenue has grown at a compounded annual rate (CAGR) of 32% over five years, including 19% growth in the latest year. EBITDA rose 22% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹9.3 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹5.24 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin3.5%
Net Profit Margin2%
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 Jitendra Wheels (Nasik) Private Limited, buy the company report.

Board of directors of Jitendra Wheels (Nasik) Private Limited

Jitendra Wheels (Nasik) has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Pritesh Pramod ShahDirector20 Mar 201313 Years 7 MonthsCurrent
Jitendra Shevantilal ShahDirector15 Nov 199629 Years 11 MonthsCurrent
Hansa Sharad ShahDirector15 Nov 199629 Years 11 MonthsCurrent
Pratik Pramod ShahDirector30 Sep 201610 Years 1 MonthsCurrent

Peer comparison

Jitendra Wheels (Nasik) Private Limited is compared with the 6 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Osl Automotives Private Limited₹268.13 Cr (FY 2025)7.0%Kolkata, West Bengal, India
Ujwal Enterprises (India) Private Limited₹268.02 Cr (FY 2025)44.0%Mumbai, Maharashtra, India
Jitendra Wheels (Nasik) Private Limitedthis company₹267.3 Cr (FY 2025)₹5.24 Cr2%19.0%Nashik, Maharashtra, India
Abharan Motors Private Limited₹266.43 Cr (FY 2025)0.0%Udupi, Karnataka, India
Equity Motors (Rajkot) Private Limited₹265.81 Cr (FY 2025)4.0%Rajkot, Gujarat, India
Capital Automotives Private Limited₹265.21 Cr (FY 2025)-5.0%New Delhi, Delhi, India
Chavan Motors Division India Private Limited₹264.93 Cr (FY 2024)15.0%Solapur, Maharashtra, India

To see the full peer comparison of Jitendra Wheels (Nasik) Private Limited, buy the company report.

Auditor

Jitendra Wheels (Nasik) Private Limited is audited by S P CHAVAN AND ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
S P CHAVAN AND ASSOCIATESFY 2023133457W

Shareholding

The shareholding of Jitendra Wheels (Nasik) 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Jitendra Wheels (Nasik) Private Limited, buy the company report.

Charges & borrowings

Open charges
₹52.13 Cr
Satisfied charges
₹6 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹51.59 Cr
Bank of Baroda₹0.40 Cr
Hdfc Bank Ltd₹0.14 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
23 Jun 2023100811046Hdfc Bank Limited₹33.66 LakhOpen
03 Jun 2023100741329Hdfc Bank Limited₹13.25 CrOpen
06 Jun 2019100268651Hdfc Bank Limited₹16.5 CrOpen
21 Sep 2018100210186Hdfc Bank Limited₹6.5 CrOpen
11 Dec 200910194672Hdfc Bank Limited₹8 CrOpen

To see the full charge records of Jitendra Wheels (Nasik) Private Limited, buy the company report.

Total charge records: 10 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Jitendra Wheels (Nasik) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Jitendra Wheels (Nasik) has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAACE9422D1ZWMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Jitendra Wheels (Nasik) Private Limited, buy the company report.

Recent activity

Jitendra Wheels (Nasik) Private Limited has 5 board changes on record since 1996: 4 appointments and 1 cessation. The latest: Pratik Pramod Shah was appointed as Director on 30 Sep 2016.

AGM
Jitendra Wheels (Nasik) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 700.00 Lakh registered on 22 Apr 2009 with Charge ID 10159020 was modified on 20 Jun 2024.
Charges
A charge with Hdfc Bank Limited of Rs. 650.00 Lakh registered on 21 Sep 2018 with Charge ID 100210186 was modified on 12 Apr 2024.
Filing
Jitendra Wheels (Nasik) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge registered on 25 Jul 2022 via Charge ID 100601716 with State Bank Of India was fully satisfied on 10 Aug 2023.
Charges
A charge with Hdfc Bank Limited of Rs. 1,650.00 Lakh registered on 06 Jun 2019 with Charge ID 100268651 was modified on 01 Aug 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 33.66 Lakh with Charge ID 100811046 was registered on 23 Jun 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1,325.00 Lakh with Charge ID 100741329 was registered on 03 Jun 2023.
Charges
A charge registered on 07 Feb 2019 via Charge ID 100239742 with Tata Capital Financial Services Limited was fully satisfied on 09 Nov 2022.
Charges
A charge with State Bank Of India amounted to Rs. 300.00 Lakh with Charge ID 100601716 was registered on 25 Jul 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1,650.00 Lakh with Charge ID 100268651 was registered on 06 Jun 2019.
Charges
A charge with Tata Capital Financial Services Limited amounted to Rs. 300.00 Lakh with Charge ID 100239742 was registered on 07 Feb 2019.

12 earlier events are in the company report.

Frequently asked questions

Jitendra Wheels (Nasik) is an active private limited company based in Nashik, Maharashtra, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 15 November 1996 (30+ years old) and is registered under CIN U01110MH1996PTC103959.

Jitendra Wheels (Nasik) has 4 current directors:

The latest financial statements of Jitendra Wheels (Nasik) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Jitendra Wheels (Nasik) is 27AAACE9422D1ZW, registered in Maharashtra.

The CIN (Corporate Identification Number) of Jitendra Wheels (Nasik) is U01110MH1996PTC103959. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Jitendra Wheels (Nasik) was incorporated on 15 November 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Jitendra Wheels (Nasik) by revenue are Osl Automotives Private Limited, Ujwal Enterprises (India) Private Limited, Abharan Motors Private Limited, Equity Motors (Rajkot) Private Limited, Capital Automotives Private Limited and 1 more, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).

Pratik Pramod Shah was appointed as Director on 30 Sep 2016. Pritesh Pramod Shah ceased to be Additional Director on 30 Sep 2013. Pritesh Pramod Shah was appointed as Director on 20 Mar 2013. Jitendra Wheels (Nasik) has 5 board changes on record in total.

The registered office of Jitendra Wheels (Nasik) is at Honda Showroom 60 Feet Rdganjmal Nashik, Maharashtra, India – 422002.

Jitendra Wheels (Nasik) operates in the automotive industry, in the auto dealership and trading segment.

Jitendra Wheels (Nasik) has open charges of ₹52.13 Cr and satisfied charges of ₹6 Cr as per latest MCA filings.