- Category
- Small (2024-25)
- Udyam number
- UDYAM-PB-12-0014737

Kwality Cycles Private Limited
About Kwality Cycles Private Limited
Data last updated:
Kwality Cycles Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the electrical equipment manufacturing segment of the electrical equipment sector. It was incorporated on 25 April 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U35921PB1985PTC006253. Its GSTIN is 03AABCK9352R1Z1 (Punjab).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹97.23 Lakh. It is led by directors including Navpreet Singh and Mankamal 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 B Xv 180 1 Nirankaristreet No 4 Ludhiana, Punjab, India – 141003.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.05 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹21.09 Lakh (net margin 3.5%) and EBITDA of ₹35.11 Lakh (EBITDA margin 5.8%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 12% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹32.8 Lakh on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it.
Kwality Cycles Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0014737). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Kwality Cycles
Contact details
Kwality Cycles Private Limited's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB Xv 180 1 Nirankaristreet No 4 Ludhiana, Punjab, India – 141003
- IndustryElectrical, Electrical Equipment, Transport Equipment, General Purpose And Special Purpose Machinery & Equipment
To see the full contact details of Kwality Cycles 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 Kwality Cycles is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Kwality Cycles Private Limited, buy the company report.
Financials of Kwality Cycles Private Limited
FY 2025 filings availableKwality Cycles Private Limited reported revenue of ₹6.05 Cr (down 21% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 21% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA rose 65% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹35.11 Lakh | ||||
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| Net Profit (PAT) | ₹21.09 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 5.8% | ||||
| Net Profit Margin | 3.5% | ||||
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To see the full financial statements and ratios of Kwality Cycles Private Limited, buy the company report.
Board of directors of Kwality Cycles Private Limited
Kwality Cycles has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Navpreet Singh | Director | 23 Jan 2024 | 2 Years 9 Months | Current |
| Mankamal Singh | Director | 23 Jan 2024 | 2 Years 9 Months | Current |
| Baljit Singh | Director | 25 Apr 1985 | 41 Years 5 Months | Current |
| Amarjit Singh | Director | 25 Apr 1985 | 41 Years 5 Months | Current |
Auditor
Kwality Cycles Private Limited is audited by M.L. SINGLA & Co. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M.L. SINGLA & Co. | FY 2017 | 019684N |
Shareholding
The shareholding of Kwality Cycles Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Kwality Cycles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 May 1996 | 90179763 | Anz Grindlays Bank Plc. | ₹5.7 Lakh | Open | |
| 26 May 1994 | 90183725 | District Industriec Centre | ₹1.69 Lakh | Open | |
| 14 Sep 1992 | 90183699 | District Industriec Centre | ₹1.45 Lakh | Open | |
| 24 Oct 1991 | 90183684 | District Industriec Centre | ₹1.08 Lakh | Open | |
| 30 Aug 1991 | 90183678 | District Industriec Centre | ₹98,400 | Open |
To see the full charge records of Kwality Cycles Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Kwality Cycles Private Limited has 4 court cases on record: 3 filed by Kwality Cycles, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Civil suit | Filed by the company against M/S Harbans Cycle Works and 1 other | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against M/S B.B.N Sales Corporation | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against M/S Chandrakant Cycle Stores | Disposed |
| High Court, PUNJAB | Court case (ITR) | Filed against the company by an individual | Disposed |
To see the full case history of Kwality Cycles 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 Kwality Cycles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kwality Cycles Private Limited has a workforce of 7 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Kwality Cycles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCK9352R1Z1 | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kwality Cycles Private Limited, buy the company report.
Recent activity
Kwality Cycles Private Limited has 7 board changes on record since 1985: 4 appointments and 3 cessations. The latest: Mankamal Singh ceased to be Additional Director on 29 Sep 2024.
6 earlier events are in the company report.
Frequently asked questions
Kwality Cycles is an active private limited company based in Ludhiana, Punjab, India. The company works in electrical equipment, within the electrical industry. It was incorporated on 25 April 1985 (41+ years old) and is registered under CIN U35921PB1985PTC006253.
Kwality Cycles has 4 current directors:
- Navpreet Singh - Director
- Mankamal Singh - Director
- Baljit Singh - Director
- Amarjit Singh - Director
The latest financial statements of Kwality Cycles on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Kwality Cycles is 03AABCK9352R1Z1, registered in Punjab.
The CIN (Corporate Identification Number) of Kwality Cycles is U35921PB1985PTC006253. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kwality Cycles has 4 court cases on record: 3 filed by the company and 1 filed against it. Most are in the district courts.
Kwality Cycles was incorporated on 25 April 1985, making it 41+ years old. It is registered with the Registrar of Companies, Chandigarh.
Mankamal Singh ceased to be Additional Director on 29 Sep 2024. Navpreet Singh ceased to be Additional Director on 29 Sep 2024. Mankamal Singh was appointed as Director on 23 Jan 2024. Kwality Cycles has 7 board changes on record in total.
Yes, Kwality Cycles is registered as a small enterprise under Udyam registration (number: UDYAM-PB-12-0014737).
The registered office of Kwality Cycles is at B Xv 180 1 Nirankaristreet No 4 Ludhiana, Punjab, India – 141003.