About Lathangi Motors Private Limited
Data last updated:
Lathangi Motors Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 22 May 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31103KA2008PTC046517. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.5 Cr. It is led by directors Meda Panduranga Setty Vikram and Meda Vikram Ramavathi.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at #688 100Ft. Ring Road 15th Cross J P Nagar 2nd Phase, Bangalore, Karnataka, India – 560078.
As per the financials filed for FY 2015, the company reported a revenue of ₹74.78 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹11.3 Lakh (net margin 0.2%) and EBITDA of ₹4.05 Cr (EBITDA margin 5.4%).
The company has about 144 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹21.25 Cr and satisfied charges of ₹43.25 Cr on record. Court records list 34 cases involving the company, including 3 filed by the company and 31 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website lathangiford.com.
Company details
Contact details
Lathangi Motors Private Limited's registered office is in Bangalore, Karnataka. Its website is lathangiford.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address#688 100Ft. Ring Road 15th Cross J P Nagar 2nd Phase, Bangalore, Karnataka, India – 560078
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Lathangi Motors 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 Lathangi Motors is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Lathangi Motors Private Limited, buy the company report.
Financials of Lathangi Motors Private Limited
FY 2016 filings availableLathangi Motors Private Limited reported revenue of ₹74.78 Cr (down 17% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue fell 17% in the latest year. EBITDA rose 5% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹74.78 Cr |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹4.05 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹11.3 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
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 5.4% |
| 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 | |
To see the full financial statements and ratios of Lathangi Motors Private Limited, buy the company report.
Board of directors of Lathangi Motors Private Limited
Lathangi Motors has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Meda Panduranga Setty Vikram Also directs: Yashaswini Motors Private Limited, Lathangi Cycle and Carriage Private Limited, Lathangi Automobiles Private Limited and 1 more | Director | 22 May 2008 | 18 Years 5 Months | Current |
| Meda Vikram Ramavathi | Director | 22 May 2008 | 18 Years 5 Months | Current |
Peer comparison
Lathangi Motors Private Limited is compared with the 4 companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Spectrum Petromac Private Limited | ₹75.04 Cr (FY 2025) | 23.0% | Kolkata, West Bengal, India | |||
| D. V. Brahme & Sons Sales & Service Private Limited | ₹75.01 Cr (FY 2025) | 2.0% | Pune, Maharashtra, India | |||
| Jajodia Exports Private Limited | ₹74.81 Cr (FY 2024) | -8.0% | Gangarampur, West Bengal, India | |||
| Lathangi Motors Private Limitedthis company | ₹74.78 Cr (FY 2015) | ₹11.3 Lakh | 0.2% | -17.0% | 144 | Bangalore, Karnataka, India |
| Gupta Motors India Private Limited | ₹74.65 Cr (FY 2025) | 15.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Lathangi Motors Private Limited, buy the company report.
Shareholding
The shareholding of Lathangi Motors Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Lathangi Motors Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Nov 2015 | 10602687 | Others | ₹16.8 Cr | Open | |
| 31 Jan 2015 | 10550315 | Tata Capital Financial Services Limited | ₹11.16 Lakh | Open | |
| 31 Jan 2015 | 10550317 | Tata Capital Financial Services Limited | ₹13.5 Lakh | Open | |
| 31 Jan 2015 | 10550327 | Tata Capital Financial Services Limited | ₹11.16 Lakh | Open | |
| 31 Jan 2015 | 10550330 | Tata Capital Financial Services Limited | ₹17.48 Lakh | Open |
To see the full charge records of Lathangi Motors Private Limited, buy the company report.
Total charge records: 30 View all charges
Legal cases
Lathangi Motors Private Limited has 34 court cases on record: 3 filed by Lathangi Motors, 31 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 31 | 28 | 0 |
| High courts | 3 | 3 | 0 |
Cases on record (5 of 34)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed against the company by Neogrowth Credit Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed against the company by Ford Credit India Pvt Ltd | Disposed |
| High Court of Karnataka | Court case (CRL.P) | Filed against the company by Ford Credit India Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by M/S Neogrowth Credit Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed against the company by M/S Neogrowth Credit Pvt Ltd | Disposed |
To see the full case history of Lathangi Motors 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.
Credit ratings & regulatory alerts
Lathangi Motors Private Limited was last rated by Crisil on 05 Dec 2016.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 05 Dec 2016 |
To see the full credit ratings and regulatory alerts of Lathangi Motors Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Lathangi Motors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Lathangi Motors Private Limited has a workforce of 144 employees on its EPFO records as of Aug 2016.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2016-17 | 144 |
GST
Lathangi Motors has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Lathangi Motors Private Limited, buy the company report.
Recent activity
Lathangi Motors Private Limited has 3 board changes on record since 2008: 2 appointments and 1 cessation. The latest: Meda Kasturi Ranga Panduranga Setty ceased to be Director on 04 Feb 2015.
32 earlier events are in the company report.
Frequently asked questions
Lathangi Motors is an active private limited company based in Bangalore, Karnataka, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 22 May 2008 (18+ years old) and is registered under CIN U31103KA2008PTC046517.
Lathangi Motors has 2 current directors:
- Meda Panduranga Setty Vikram - Director
- Meda Vikram Ramavathi - Director
The latest financial statements of Lathangi Motors on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Lathangi Motors has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Lathangi Motors is U31103KA2008PTC046517. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lathangi Motors has 34 court cases on record: 3 filed by the company and 31 filed against it. Most are in the district courts.
Lathangi Motors was incorporated on 22 May 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Lathangi Motors by revenue are Spectrum Petromac Private Limited, D. V. Brahme & Sons Sales & Service Private Limited, Jajodia Exports Private Limited, Gupta Motors India Private Limited, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (wholesale trading).
Meda Kasturi Ranga Panduranga Setty ceased to be Director on 04 Feb 2015. Meda Panduranga Setty Vikram was appointed as Director on 22 May 2008. Meda Vikram Ramavathi was appointed as Director on 22 May 2008.
Lathangi Motors can be reached through the website lathangiford.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Lathangi Motors is at #688 100Ft. Ring Road 15th Cross J P Nagar 2nd Phase, Bangalore, Karnataka, India – 560078.
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