MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-20-0012688
Marvel Automobiles India Private Limited - automotive in Salem, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹3.23 Cr
▼ 31% YoY
Net loss · FY 2022
₹35.19 Lakh
Net margin -10.9%
EBITDA · FY 2022
₹7.82 Lakh
EBITDA margin 2.4%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.24 Cr
Issued & subscribed
Open charges
₹2 Cr
Satisfied ₹7.24 Cr
Company age
15 yrs
Est. 2011
Employees · EPFO
12
Provident fund records
About Marvel Automobiles India Private Limited
Data last updated:
Marvel Automobiles India Private Limited is a private limited company based in Salem, Tamil Nadu, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 03 October 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U50102TZ2011PTC017460. Its GSTIN is 33AAHCM5175G1ZG (Tamil Nadu).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.24 Cr. It is led by directors including Erode Palanisamy Sathish Kumar (Managing Director) and Kandasamy Chellammal.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Near – West Rto Office Kandhampatti By Pass, Salem, Tamil Nadu, India – 637001.
As per the financials filed for FY 2022, the company reported a revenue of ₹3.23 Cr, a decline of 31% compared to the previous year. For the same year it recorded a net loss of ₹35.19 Lakh (net margin -10.9%) and EBITDA of ₹7.82 Lakh (EBITDA margin 2.4%). Revenue has declined at a compounded annual rate (CAGR) of 37% over three years and 27% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2 Cr and satisfied charges of ₹7.24 Cr on record. Court records list 4 cases involving the company, including 4 filed against it; 2 cases are pending.
Marvel Automobiles India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-20-0012688). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website marvelnissan.co.in.
Company details
CIN U50102TZ2011PTC017460
Registration Number 017460
Incorporation Date 03 October 2011
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-20-0012688
Key People
Erode Palanisamy Sathish Kumar Managing Director Kandasamy Chellammal Director Mani Nivetthini Director Recognitions & Rankings of Marvel Automobiles India
Contact details
Marvel Automobiles India Private Limited's registered office is in Salem, Tamil Nadu. Its website is marvelnissan.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNear – West Rto Office Kandhampatti By Pass, Salem, Tamil Nadu, India – 637001
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Marvel Automobiles India Private Limited, buy the company report.
Comprehensive company report
Marvel Automobiles India 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activities of Marvel Automobiles India are trade and support service to organizations. In detail, this covers retail trading and other support services to organizations. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Marvel Automobiles India Private Limited, buy the company report.
Financials of Marvel Automobiles India Private Limited
FY 2022 filings availableMarvel Automobiles India Private Limited reported revenue of ₹3.23 Cr (down 31% YoY) for FY 2022.
Revenue · FY 2022
₹3.23 Cr ▼ 31%
Net loss · FY 2022
₹35.19 Lakh margin -10.9%
EBITDA · FY 2022
₹7.82 Lakh margin 2.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 31%
3 years · compounded
▼ 37%
5 years · compounded
▼ 27%
EBITDA CAGR growth
1 year
▼ 85%
3 years · compounded
▼ 59%
5 years · compounded
▼ 43%
Revenue has declined at a compounded annual rate (CAGR) of 27% over five years, including a 31% fall in the latest year. EBITDA fell 85% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3.23 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹7.82 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹35.19 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.4% | ||||
| Net Profit Margin | -10.9% | ||||
| 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 Marvel Automobiles India Private Limited, buy the company report.
Board of directors of Marvel Automobiles India Private Limited
Marvel Automobiles India has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Erode Palanisamy Sathish Kumar | Managing Director | 03 Oct 2011 | 15 Years 1 Months | Current |
| Kandasamy Chellammal | Director | 03 Oct 2011 | 15 Years 1 Months | Current |
| Mani Nivetthini | Director | 03 Oct 2011 | 15 Years 1 Months | Current |
Peer comparison
Marvel Automobiles India Private Limited is compared with the 3 companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Varma Automobiles Private Limited | ₹3.24 Cr (FY 2024) | 32.0% | Faizabad, Uttar Pradesh, India | |||
| Marvel Automobiles India Private Limitedthis company | ₹3.23 Cr (FY 2022) | -₹35.19 Lakh | -10.9% | -31.0% | 12 | Salem, Tamil Nadu, India |
| Devansh Auto Sales Private Limited | ₹3.21 Cr (FY 2024) | 278.0% | Kolkata, West Bengal, India | |||
| Pas Marketing Private Limited | ₹3.21 Cr (FY 2024) | -5.0% | New Delhi, Delhi, India |
To see the full peer comparison of Marvel Automobiles India Private Limited, buy the company report.
Shareholding
The shareholding of Marvel Automobiles India Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Marvel Automobiles India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2 Cr
Satisfied charges
₹7.24 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Jul 2013 | 10441371 | Tata Capital Financial Services Limited | ₹2 Cr | Open | |
| 26 Nov 2014 | 10539874 | Tata Capital Financial Services Limited | ₹62.69 Lakh | Satisfied | |
| 06 Jun 2014 | 10516508 | Hdfc Bank Limited | ₹1 Cr | Satisfied | |
| 28 Jan 2014 | 10476197 | Tata Capital Financial Services Limited | ₹73.19 Lakh | Satisfied | |
| 09 Jan 2014 | 10472838 | The Axis Bank Ltd | ₹1 Cr | Satisfied |
To see the full charge records of Marvel Automobiles India Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Marvel Automobiles India Private Limited has 4 court cases on record: 4 filed against it. 2 cases are pending and 2 are disposed.
Total cases
4
Filed against the company
4
Pending
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
| High courts | 2 | 2 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Tata Capital Ltd | Pending |
| High Court | Original application | Filed against the company by Tata Capital Limited M/S.Abitha Banu | Pending |
| High Court | Arbitration matter | Filed against the company by Tata Capital Limited M/S.Abitha Banu, 9940266535 | Disposed |
| District court, Salem, Tamil Nadu | Motor accident claim | Filed against the company | Disposed |
To see the full case history of Marvel Automobiles India 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 Marvel Automobiles India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Marvel Automobiles India Private Limited has a workforce of 12 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
Employee count
12
Active EPFO establishments
1
Employee growth
-45.45%
GST
Marvel Automobiles India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAHCM5175G1ZG | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Marvel Automobiles India Private Limited, buy the company report.
Recent activity
Marvel Automobiles India Private Limited has 5 board changes on record since 2011: 3 appointments and 2 cessations. The latest: Erode Palanisamy Sathish Kumar ceased to be Director on 02 Mar 2020.
AGM
Marvel Automobiles India Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Marvel Automobiles India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Coimbatore.
Charges
A charge registered on 07 Sep 2012 via Charge ID 10377963 with State Bank Of India was fully satisfied on 24 Aug 2021.
Charges
A charge with State Bank Of India of Rs. 3.88 Cr registered on 07 Sep 2012 with Charge ID 10377963 was modified on 15 Jun 2020.
Ceased
Erode Palanisamy Sathish Kumar ceased to be Director.
Ceased
Palanimuthu Mani ceased to be Director.
Charges
A charge registered on 06 Jun 2014 via Charge ID 10516508 with Hdfc Bank Limited was fully satisfied on 30 Aug 2017.
Charges
A charge registered on 26 Nov 2014 via Charge ID 10539874 with Tata Capital Financial Services Limited was fully satisfied on 26 Aug 2017.
Charges
A charge registered on 28 Jan 2014 via Charge ID 10476197 with Tata Capital Financial Services Limited was fully satisfied on 26 Aug 2017.
Charges
A charge registered on 09 Jan 2014 via Charge ID 10472838 with The Axis Bank Ltd was fully satisfied on 25 May 2016.
Charges
A charge with Tata Capital Financial Services Limited amounted to Rs. 0.63 Cr with Charge ID 10539874 was registered on 26 Nov 2014.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.00 Cr with Charge ID 10516508 was registered on 06 Jun 2014.
8 earlier events are in the company report.
Frequently asked questions
Marvel Automobiles India is an active private limited company based in Salem, Tamil Nadu, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 03 October 2011 (15+ years old) and is registered under CIN U50102TZ2011PTC017460.
Marvel Automobiles India has 3 current directors:
- Erode Palanisamy Sathish Kumar - Managing Director
- Kandasamy Chellammal - Director
- Mani Nivetthini - Director
The latest financial statements of Marvel Automobiles India on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Marvel Automobiles India is 33AAHCM5175G1ZG, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Marvel Automobiles India is U50102TZ2011PTC017460. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Marvel Automobiles India has 4 court cases on record: 4 filed against it. 2 are pending. Most are in the district courts.
Marvel Automobiles India was incorporated on 03 October 2011, making it 15+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Marvel Automobiles India by revenue are Varma Automobiles Private Limited, Devansh Auto Sales Private Limited, Pas Marketing Private Limited, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).
Erode Palanisamy Sathish Kumar ceased to be Director on 02 Mar 2020. Palanimuthu Mani ceased to be Director on 01 Jan 2020. Erode Palanisamy Sathish Kumar was appointed as Managing Director on 03 Oct 2011. Marvel Automobiles India has 5 board changes on record in total.
Yes, Marvel Automobiles India is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-20-0012688).
Marvel Automobiles India can be reached through the website marvelnissan.co.in. Its registered office is in Salem, Tamil Nadu, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages