MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-PB-12-0014737
Kwality Cycles Private Limited
Kwality Cycles Private Limited - electrical in Ludhiana, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹6.05 Cr
▼ 21% YoY
Net profit · FY 2024
₹21.09 Lakh
Net margin 3.5%
EBITDA · FY 2024
₹35.11 Lakh
EBITDA margin 5.8%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹97.23 Lakh
Issued & subscribed
Open charges
₹32.8 Lakh
Secured borrowings
Company age
41 yrs
Est. 1985
Employees · EPFO
7
Provident fund records
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 of Kwality Cycles Private Limited
CIN U35921PB1985PTC006253
Registration Number 006253
Incorporation Date 25 April 1985
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-PB-12-0014737
Recognitions & Rankings of Kwality Cycles
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressB Xv 180 1 Nirankaristreet No 4 Ludhiana, Punjab, India – 141003
- IndustryElectrical, Electrical Equipment, Transport Equipment, General Purpose And Special Purpose Machinery & Equipment
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Business Activity of Kwality Cycles Private Limited
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 | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Kwality Cycles Private Limited FY 2025 filings available
Kwality Cycles Private Limited reported revenue of ₹6.05 Cr (down 21% YoY) for FY 2024.
Revenue · FY 2024
₹6.05 Cr ▼ 21%
Net profit · FY 2024
₹21.09 Lakh margin 3.5%
EBITDA · FY 2024
₹35.11 Lakh margin 5.8%
Compounded Annual Growth Rate (CAGR) of Kwality Cycles Private Limited
Revenue CAGR growth
1 year
▼ 21%
3 years · compounded
▲ 13%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 65%
3 years · compounded
▲ 12%
5 years · compounded
▲ 15%
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 of Kwality Cycles Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹35.11 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹21.09 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 Kwality Cycles Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.5% | •••• | •••• | •••• | •••• |
| 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 Kwality Cycles are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
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Verified entity values are shown only after access is granted.
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.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Navpreet Singh | Director | 23 Jan 2024 | 2 Years 8 Months | Current |
| Mankamal Singh | Director | 23 Jan 2024 | 2 Years 8 Months | Current |
| Baljit Singh | Director | 25 Apr 1985 | 41 Years 5 Months | Current |
| Amarjit Singh | Director | 25 Apr 1985 | 41 Years 5 Months | Current |
Peer Comparison of Kwality Cycles Private Limited
Kwality Cycles Private Limited 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 |
|---|---|---|---|---|---|---|
| Rothman Cycles Pvt Ltd | ₹6.94 Cr (FY 2024) | •••• | •••• | -2.0% | •••• | Punjab, India |
| Jaswal Cycles Private Limited | ₹6.92 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Punjab, India |
| Arihant Wheels & Cycles Private Limited | ₹6.74 Cr (FY 2018) | •••• | •••• | -63.0% | •••• | Gorakhpur, Uttar Pradesh, India |
| Magma Impex Private Limited | ₹6.18 Cr (FY 2025) | •••• | •••• | 990.0% | •••• | Ludhiana, Punjab, India |
| Highstar Cycles Private Limited | ₹6.08 Cr (FY 2024) | •••• | •••• | 16.0% | •••• | Ludhiana, Punjab, India |
| Kwality Cycles Private Limited this company | ₹6.05 Cr (FY 2024) | •••• | •••• | -21.0% | •••• | Ludhiana, Punjab, India |
| Leader Cycles Limited | ₹5.43 Cr (FY 2020) | •••• | •••• | -49.0% | •••• | Ludhiana, Punjab, India |
| Ajanta Cycles Pvt Ltd | ₹5.34 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Ludhiana, Punjab, India |
| Capital Cycles Pvt Ltd | ₹5.28 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Ludhiana, Punjab, India |
| Atul Cycles and Forgings Pvt Ltd | ₹5.25 Cr (FY 2025) | •••• | •••• | 835480.0% | •••• | Punjab, India |
| Malik Cycle Parts Industries Private Limited | ₹5.04 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Uttar Pradsh, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Kwality 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 Kwality Cycles Private Limited
Kwality Cycles Private Limited is audited by M.L. SINGLA & Co. for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M.L. SINGLA & Co. | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Kwality Cycles Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
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- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Kwality Cycles Private Limited
Open charges
₹32.8 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 May 1996 | Anz Grindlays Bank Plc. | ₹5.7 Lakh | Open |
| 26 May 1994 | District Industriec Centre | ₹1.69 Lakh | Open |
| 14 Sep 1992 | District Industriec Centre | ₹1.45 Lakh | Open |
| 24 Oct 1991 | District Industriec Centre | ₹1.08 Lakh | Open |
| 30 Aug 1991 | District Industriec Centre | ₹98,400 | Open |
Total charge records: 7 View all charges
Legal Cases of Kwality Cycles Private Limited
Kwality Cycles Private Limited has 4 court cases on record: 3 filed by Kwality Cycles, 1 filed against it. All cases are disposed. Status as checked between 01 Oct 2026 and 03 Oct 2026.
Total cases
4
Filed by the company
3
Filed against the company
1
Disposed
4
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 an individual | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against B.B.N Sales Corporation | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against an individual | Disposed |
| High Court of Punjab and Haryana | Court case (ITR) | Filed against the company by an individual | Disposed |
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Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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.
Employees and EPFO Compliance at Kwality Cycles Private Limited
Kwality Cycles Private Limited has a workforce of 7 employees as of Apr 07, 2024.
Employee count
7
Active EPFO establishments
1
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Recent Activity on Kwality Cycles Private Limited
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.
AGM
Kwality Cycles Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Kwality Cycles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Ceased
Mankamal Singh ceased to be Additional Director.
Ceased
Navpreet Singh ceased to be Additional Director.
Appointed
Mankamal Singh was appointed as Director.
Appointed
Navpreet Singh was appointed as Director.
Ceased
Raghbir Singh ceased to be Director.
Charges
A charge with State Bank Of India of Rs. 0.04 Cr registered on 12 Apr 1988 with Charge ID 90178963 was modified on 24 Dec 1996.
Charges
A charge with Anz Grindlays Bank Plc. amounted to Rs. 0.06 Cr with Charge ID 90179763 was registered on 26 May 1996.
Charges
A charge with District Industriec Centre amounted to Rs. 0.02 Cr with Charge ID 90183725 was registered on 26 May 1994.
Charges
A charge with District Industriec Centre amounted to Rs. 0.01 Cr with Charge ID 90183699 was registered on 14 Sep 1992.
Charges
A charge with District Industriec Centre amounted to Rs. 0.01 Cr with Charge ID 90183684 was registered on 24 Oct 1991.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Kwality Cycles Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by Kwality Cycles Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Kwality Cycles Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Kwality Cycles Private Limited
Kwality Cycles has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCK9352R1Z1 | Punjab | Active | 01 Jul 2017 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Kwality Cycles Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Kwality Cycles Private Limited
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 reported revenue of ₹6.05 Cr for FY 2024 (down 21% YoY).
Kwality Cycles has 4 current directors:
- Navpreet Singh - Director
- Mankamal Singh - Director
- Baljit Singh - Director
- Amarjit Singh - Director
Kwality Cycles reported a net profit of ₹21.09 Lakh (net margin 3.5%) and EBITDA of ₹35.11 Lakh (EBITDA margin 5.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Kwality Cycles is 13% over three years and 12% over five years. In the latest year (FY 2024) revenue fell 21%. CAGR is the steady yearly rate that links the first and the last year.
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.
The peers of Kwality Cycles by revenue are Rothman Cycles Pvt Ltd, Jaswal Cycles Private Limited, Arihant Wheels & Cycles Private Limited, Magma Impex Private Limited, Highstar Cycles Private Limited and 5 more, all in the Automobiles industry (Cycles).
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.