Mahindra First Choice Wheels Limited

Mahindra First Choice Wheels Limited - automotive in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN U64200MH1994PLC083996 Incorporated 22 December 1994 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Public Limited Company automotive
Data last updated
Revenue · FY 2025
₹313.19 Cr
▼ 59.00% YoY
EBITDA · FY 2025
*****
▲ 94.00% YoY
Net profit · FY 2025
*****
▲ 83.00% YoY
Authorised capital
₹170.5 Cr
Registered with MCA
Paid-up capital
₹94.04 Cr
Issued & subscribed
Open charges
None
Satisfied ₹8.5 Cr
Company age
32 yrs
Est. 1994
Employees · EPFO
1,069
Latest available

About Mahindra First Choice Wheels Limited

Data last updated: 31 December 2025

Mahindra First Choice Wheels Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Mahindra Holdings Limited. It specialises in automobile dealership and trading, a part of the broader automotive sector. Incorporated on 22 December 1994, the company has been in operation for over 32 years.

Registered with ROC Mumbai under CIN L64200MH1994PLC083996.

Capital: an authorised share capital of ₹170.5 Cr and a paid-up capital of ₹94.04 Cr. Formerly known as Firstchoice Wheels Limited and Automartindia Limited. It is led by directors including Amit Kumar Sinha and Christopher Robert Hansen.

Last AGM: 17 July 2025. Financial statements filed for year ended 31 March 2025. Office: Gateway Bldgapollo Bunder, Mumbai, Maharashtra, India – 400001.

As per the financials filed for FY 2025, the company reported a revenue of ₹313.19 Cr, a decline of 59% compared to the previous year.

The company has a workforce of approximately 1,069 employees as per the latest available data. It operates as a subsidiary of Mahindra Holdings Limited.

The company is associated with 5 brands - Ediig, The Coaching Conclave, Autoinspekt, Mahindra First Choice, Carandbike. As per MCA filings, the company has satisfied charges of ₹8.5 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mahindrafirstchoice.com.

Company Details of Mahindra First Choice Wheels Limited
CIN U64200MH1994PLC083996
Registration Number 083996
Incorporation Date 22 December 1994
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 17 July 2025
Date of Balance Sheet 31 March 2025
Parent Company Mahindra Holdings Limited
Compliance Status Active Compliant
Contact Details
  • Email
    **************
  • Telephone
    **************
  • Website
    **************
  • Social Media
  • Registered Address
    Gateway Bldgapollo Bunder, Mumbai, Maharashtra, India – 400001
  • Industry
    Automotive, Auto Dealership & Trading
Company report
Mahindra First Choice Wheels Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Mahindra First Choice Wheels Limited in one report.

10-year financials Directors & ownership Charges & compliance

Name History of Mahindra First Choice Wheels Limited

Mahindra First Choice Wheels Limited has undergone 3 name changes throughout its history. The company was previously known as Firstchoice Wheels Limited, Automartindia Limited, and Mahindra Telecommunications Ltd. The current legal name is Mahindra First Choice Wheels Limited, reflecting the company's evolution and rebranding over time.

Company Name Status
Mahindra First Choice Wheels Limited Current
Firstchoice Wheels Limited Previous
Automartindia Limited Previous
Mahindra Telecommunications Ltd Previous

CIN History of Mahindra First Choice Wheels Limited

Mahindra First Choice Wheels Limited has one previous CIN (Corporate Identification Number): L64200MH1994PLC083996. The current CIN is U64200MH1994PLC083996, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
U64200MH1994PLC083996 Current
L64200MH1994PLC083996 Previous

Associated Brands with Mahindra First Choice Wheels Limited

Mahindra First Choice Wheels Limited operates multiple associated brands including eDiig, The Coaching Conclave, and AutoInspekt. These brands represent Mahindra First Choice Wheels Limited's diversified market presence and brand portfolio.

Brand Description Website
Operates a digital hub for automobile bidding and sales. ediig.com
Provides comprehensive coaching and business consulting services. thecoachingconclave.com
An online platform for booking reliable automobile inspection services. autoinspekt.com
Multi-brand used cars are traded via an online marketplace platform. mahindrafirstchoice.com
Online auto portal for buying/selling and new car research carandbike.com

Competitors & Alternatives of Mahindra First Choice Wheels Limited

Brands and companies operating in the same space as Mahindra First Choice Wheels Limited include Spinny, CarWale, CarDekho and 7 more.

Competitor Description Location Founded
Spinny Spinny Retailer of inspected, certified pre-owned vehicles with service and finance options Gurugram, India, India 2015
CarWale CarWale Second-hand cars are listed online to connect buyers and sellers. Mumbai, India, India 2003
CarDekho CarDekho Retailer of new automobiles, used vehicles, and related automotive news Jaipur, India, India 2008
Booz Allen Hamilton Booz Allen Hamilton Analytics, cybersecurity, and digital transformation services are provided. Mclean, United States, United States 1914
Cyient Cyient Provider of digital engineering and technology services Hyderabad, India, India 1991
Droom Droom Used vehicles are bought and sold through an AI platform. Gurugram, India, India 2014
ZS ZS Strategic and management consulting services are provided worldwide. Evanston, United States, United States 1983
Teneo Teneo Business consulting, financial advisory, and crisis management services are provided. New York, United States, United States 2011
Prophet Prophet Brand and marketing consulting solutions provider San Francisco, United States, United States 1992
Huron Consulting Group Huron Consulting Group Advisory, consulting, technology, and analytics solutions are provided across industries. Amman, Jordan, Jordan 2002

Business Activity of Mahindra First Choice Wheels Limited

Mahindra First Choice Wheels Limited is engaged in multiple principal business activities such as trade, transport and storage, and professional, scientific and technical, with detailed activities including retail trading, warehousing and storage, other professional, scientific and technical activities. The company has 3 registered principal business activity segments, demonstrating its operational diversity and market reach.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
G Trade G2 Retail Trading *********
H Transport and storage H6 Warehousing and storage *********
M Professional, Scientific and Technical M9 Other professional, scientific and technical activities *********
N Support service to Organizations N7 Other support services to organizations *********

Board of Directors of Mahindra First Choice Wheels Limited

Mahindra First Choice Wheels Limited is currently managed by 11 directors, with 35 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Amit Kumar Sinha Director 02 Apr 2021 5 Years 3 Months Current
Christopher Robert Hansen Director 20 Apr 2021 5 Years 2 Months Current
Rob Huting Director 30 Jan 2018 8 Years 5 Months Current
Mohammed Turra Ceo 01 Oct 2024 1 Years 9 Months Current
Sonu Halan Bhasin Director 01 Apr 2023 3 Years 3 Months Current
Anupam Thareja Director 16 Jun 2008 18 Years 0 Months Current
Showing 6 of 11 current directors. View all directors

Financials of Mahindra First Choice Wheels Limited FY 2025 filings available

Mahindra First Choice Wheels Limited reported revenue of ₹313.19 Cr (down 59% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹313.19 Cr ▼ -59%
Profit
***** ▲ 83%
EBITDA
***** ▲ 94%
Metrics
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Revenue
Revenue from Operations
*****
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Revenue Growth %
*****
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Other Income
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Total Revenue
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Expenses
Total Expenses
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Raw Material Cost
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Change in Inventory FG
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Change in Inventory WIP
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Purchase of Traded Goods
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Employee Cost
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Managerial Remuneration
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Audit Fees
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Insurance
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Power & Fuel
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Interest
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Depreciation
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Other Expenses
*****
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Profitability
EBITDA (Operating Profit)
*****
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Operating Margin %
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Exceptional Items
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Extraordinary Items
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Profit Before Exceptional & Extraordinary Items
*****
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Profit Before Tax
*****
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Tax & Net Profit
Tax Expense
*****
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Current Tax
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Deferred Tax
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Profit from Discontinued Operations
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Tax on Discontinued Operations
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Profit
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Net Margin %
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Metrics
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Shareholders' Funds
Total Shareholders' Funds
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Equity Capital
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Reserves & Surplus
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Money Against Warrants
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Other Equity
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Non-Current Liabilities
Total Non-Current Liabilities
*****
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Long-Term Borrowings
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Deferred Tax Liabilities
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Other Non-Current Liabilities
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Long-Term Provisions
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Current Liabilities
Total Current Liabilities
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Short-Term Borrowings
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Trade Payables
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Other Current Liabilities
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Short-Term Provisions
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Total Equity & Liabilities
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Non-Current Assets
Non-Current Assets
*****
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Tangible Assets
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Intangible Assets
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Capital WIP
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Intangibles Under Dev
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Investments
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Deferred Tax Assets
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LT Loans & Advances
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Other Non-Current Assets
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Current Assets
Current Assets
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Current Investments
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Inventories
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Trade Receivables
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Cash & Bank Balance
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ST Loans & Advances
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Other Current Assets
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Total Assets
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Metrics
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Cash from Operating Activities (CFO)
Profit Before Tax
*****
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Non-Cash Adjustments
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+ Interest Expense
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+ Depreciation
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+/- Unrealized Forex
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- Dividend Income
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- Interest Income
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+/- Other Non-Cash Items
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Changes in Working Capital
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+/- Inventory
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+/- Debtors
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+/- Creditors
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Reconciliation Adjustments
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Cash Generated from Operations
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Income Taxes Paid
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Net CFO (Cash from Operations)
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Cash from Investing Activities (CFI)
Acquisitions & Disposals
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Disposal of Subsidiaries
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Acquisition of Subsidiaries
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Capex
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Purchase of Fixed Assets
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Sale of Fixed Assets
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Other Investing Cash Flows
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Net CFI (Cash from Investing)
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Cash from Financing Activities (CFF)
Equity Issuance
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Debt Raised
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Debt Repaid
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Dividends Paid
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Interest Paid
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Net CFF (Cash from Financing)
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Net Cash Position
Net Change in Cash (Pre-Forex)
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Closing Cash & Equivalents
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Metrics
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Liquidity
Current Ratio
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Quick Ratio
*****
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Cash Ratio
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Efficiency
Inventory Days
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Debtor Days
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Creditor Days
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Cash Conversion Cycle
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Asset Turnover
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Profitability
Net Profit Margin %
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Operating Margin %
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ROE %
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ROCE %
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Net Worth Margin %
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Growth
Revenue Growth %
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Leverage
Equity Multiplier
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Debt / EBITDA
*****
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Solvency
D/E Ratio
*****
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ICR
*****
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Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF

Charges & Borrowings of Mahindra First Choice Wheels Limited

Open charges
₹0
Satisfied charges
₹8.5 Cr
Breakdown by lending institutions
Axis Bank Limited₹5.50 Cr
The Zoroastrian Co-Operative Bank Limited₹3.00 Cr
Latest charge details
DateLenderAmountStatus
16 Jun 2003 Axis Bank Limited ₹5.5 Cr Satisfied
11 Jan 2002 The Zoroastrian Co-Operative Bank Limited ₹3 Cr Satisfied

Total charge records: 2 View all charges

Employees and EPFO Compliance at Mahindra First Choice Wheels Limited

View historical data on people associated with Mahindra First Choice Wheels Limited, including employment history and EPFO contributions.

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Mahindra First Choice Wheels Limited

Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.

Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Mahindra First Choice Wheels Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Mahindra First Choice Wheels Limited

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Mahindra First Choice Wheels Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Mahindra First Choice Wheels Limited

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Mahindra First Choice Wheels Limited

MSME Payment Delays by Mahindra First Choice Wheels Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Mahindra First Choice Wheels Limited

Subsidiaries & Group Companies of Mahindra First Choice Wheels Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Mahindra First Choice Wheels Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Mahindra First Choice Wheels Limited

MCA Filings & Documents of Mahindra First Choice Wheels Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Mahindra First Choice Wheels Limited

Directors
18 Sep 2025
Jyotin Kantilal Mehta was appointed as a Director on 18 Sep 2025 & has been associated with this company since 9 months 23 days.
Activity
17 Jul 2025
Mahindra First Choice Wheels Limited last Annual general meeting of members was held on 17 Jul 2025 as per latest MCA records.
Activity
31 Mar 2025
Mahindra First Choice Wheels Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Directors
10 Oct 2024
Mohammed Turra was appointed as a Ceo on 10 Oct 2024 & has been associated with this company since 1 year 9 months.
Directors
01 Oct 2024
Mohammed Turra was appointed as a CEO on 01 Oct 2024 & has been associated with this company since 1 year 9 months.
Directors
01 Apr 2023
Sonu Halan Bhasin was appointed as a Director on 01 Apr 2023 & has been associated with this company since 3 years 3 months.

Frequently Asked Questions about Mahindra First Choice Wheels Limited

Mahindra First Choice Wheels Limited is an active public limited company in the automotive sector based in Mumbai, Maharashtra, India. It was incorporated on 22 December 1994 (32+ years old) and is registered under CIN U64200MH1994PLC083996. The company has 1,069 employees.

Mahindra First Choice Wheels Limited reported revenue of ₹313.19 Cr for FY 2025 (down 59.00% YoY).

The current directors of Mahindra First Choice Wheels Limited are:

The primary industry of Mahindra First Choice Wheels Limited is automotive. The company specifically operates in auto dealership and trading. The company is currently active in this sector.

Mahindra First Choice Wheels Limited can be reached at the registered office: Gateway Bldgapollo Bunder, Mumbai, Maharashtra, India – 400001, or through the website mahindrafirstchoice.com.

The authorised capital is ₹170.5 Cr, and the paid-up capital is ₹94.04 Cr.

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