MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-14-0001034
Lathanand Motors Private Limited
Lathanand Motors Private Limited - automotive in Gadag, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹12.92 Cr
▲ 27% YoY
Net profit · FY 2025
₹11.87 Lakh
Net margin 0.9%
EBITDA · FY 2025
₹68.81 Lakh
EBITDA margin 5.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹2.11 Cr
Satisfied ₹94.9 Lakh
Company age
9 yrs
Est. 2017
Employees · EPFO
11
Provident fund records
About Lathanand Motors Private Limited
Data last updated:
Lathanand Motors Private Limited is a private limited company based in Gadag, Karnataka, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 14 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U50400KA2017PTC101324. Its GSTIN is 29AADCL2634B1ZU (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Latha Madalabhavi and Anand Kumar Basavantappa Madalabhavi.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Gadag, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.92 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹11.87 Lakh (net margin 0.9%) and EBITDA of ₹68.81 Lakh (EBITDA margin 5.3%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 8% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.11 Cr and satisfied charges of ₹94.9 Lakh on record.
Lathanand Motors Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-14-0001034). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U50400KA2017PTC101324
Registration Number 101324
Incorporation Date 14 March 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 22 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-14-0001034
Recognitions & Rankings of Lathanand Motors
Contact details
Lathanand Motors Private Limited's registered office is in Gadag, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressCts 3812/1/1 And Cts 3812/1/2 Opposite Alur Hospital New Bus Stand Ro, Ad, Gadag, Karnataka, India – 582101
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Lathanand Motors Private Limited, buy the company report.
Comprehensive company report
Lathanand Motors 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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Secure checkout · GST invoice included
Business activity
The main business activity of Lathanand Motors is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale and retail trade and repair of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 45 | Wholesale and retail trade and repair of motor vehicles and motorcycles |
To see the full business activity and turnover split of Lathanand Motors Private Limited, buy the company report.
Financials of Lathanand Motors Private Limited
FY 2025 filings availableLathanand Motors Private Limited reported revenue of ₹12.92 Cr (up 27% YoY) for FY 2025.
Revenue · FY 2025
₹12.92 Cr ▲ 27%
Net profit · FY 2025
₹11.87 Lakh margin 0.9%
EBITDA · FY 2025
₹68.81 Lakh margin 5.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 27%
3 years · compounded
▲ 6%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▲ 140%
3 years · compounded
▲ 34%
5 years · compounded
▲ 25%
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 27% growth in the latest year. EBITDA rose 140% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹68.81 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11.87 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.3% | ||||
| Net Profit Margin | 0.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Lathanand Motors Private Limited, buy the company report.
Board of directors of Lathanand Motors Private Limited
Lathanand Motors has 2 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 |
|---|---|---|---|---|
| Latha Madalabhavi | Director | 29 Jul 2023 | 3 Years 3 Months | Current |
| Anand Kumar Basavantappa Madalabhavi | Director | 17 Dec 2018 | 7 Years 10 Months | Current |
Auditor
Lathanand Motors Private Limited is audited by C M SHETTAR & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C M SHETTAR & CO | FY 2023 | 011481S |
Shareholding
The shareholding of Lathanand Motors 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Lathanand Motors Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.11 Cr
Satisfied charges
₹94.9 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jan 2024 | 100862710 | Axis Bank Limited | ₹91.33 Lakh | Open | |
| 02 Feb 2021 | 100412330 | Axis Bank Limited | ₹1.2 Cr | Open | |
| 18 Oct 2023 | 100828068 | Axis Bank Limited | ₹94.9 Lakh | Satisfied |
To see the full charge records of Lathanand Motors Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Lathanand Motors Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Lathanand Motors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Lathanand Motors Private Limited has a workforce of 11 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
11
Active EPFO establishments
1
Employee growth
-15.38%
GST
Lathanand Motors has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCL2634B1ZU | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Lathanand Motors Private Limited, buy the company report.
Recent activity
Lathanand Motors Private Limited has 5 board changes on record since 2018: 2 appointments and 3 cessations. The latest: Latha Madalabhavi was appointed as Director on 29 Jul 2023.
AGM
Lathanand Motors Private Limited last Annual general meeting of members was held on 22 Sep 2025 as per latest MCA records.
Filing
Lathanand Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge registered on 18 Oct 2023 via Charge ID 100828068 with Axis Bank Limited was fully satisfied on 01 Feb 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 91.33 Lakh with Charge ID 100862710 was registered on 29 Jan 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 94.90 Lakh with Charge ID 100828068 was registered on 18 Oct 2023.
Charges
A charge with Axis Bank Limited of Rs. 120.00 Lakh registered on 02 Feb 2021 with Charge ID 100412330 was modified on 30 Aug 2023.
Appointed
Latha Madalabhavi was appointed as Director.
Ceased
Rohit A Madalabhavi ceased to be Director.
Ceased
Rahul Anandkumar Madalabhavi ceased to be Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 120.00 Lakh with Charge ID 100412330 was registered on 02 Feb 2021.
Ceased
Karthik Prakash Nayak ceased to be Director.
Appointed
Anand Kumar Basavantappa Madalabhavi was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Lathanand Motors is an active private limited company based in Gadag, Karnataka, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 14 March 2017 (9+ years old) and is registered under CIN U50400KA2017PTC101324.
Lathanand Motors has 2 current directors:
- Latha Madalabhavi - Director
- Anand Kumar Basavantappa Madalabhavi - Director
The latest financial statements of Lathanand Motors on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Lathanand Motors is 29AADCL2634B1ZU, registered in Karnataka. 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 Lathanand Motors is U50400KA2017PTC101324. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lathanand Motors was incorporated on 14 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Latha Madalabhavi was appointed as Director on 29 Jul 2023. Rohit A Madalabhavi ceased to be Director on 29 Jul 2023. Rahul Anandkumar Madalabhavi ceased to be Director on 23 Jun 2023. Lathanand Motors has 5 board changes on record in total.
Yes, Lathanand Motors is registered as a small enterprise under Udyam registration (number: UDYAM-KR-14-0001034).
The registered office of Lathanand Motors is at Cts 381211 And Cts 381212 Opposite Alur Hospital New Bus Stand Ro, Ad, Gadag, Karnataka, India – 582101.
Lathanand Motors operates in the automotive industry, in the auto dealership and trading segment.
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