About Methods Automotive Private Limited
Data last updated:
Methods Automotive Private Limited is a private limited company based in Bangalore North, Karnataka, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 06 October 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U50300KA2005PTC037403. Its GSTIN is 29AAECM7520L1Z4 (Karnataka). The company holds 6 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹40 Lakh. It was formerly known as Methods Automotives Private Limited. It is led by directors Mysore Narayan Prasad Shamsunder and Malur Parthasarathy Phanikumar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore North, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹36.48 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹2.03 Cr (net margin 5.6%) and EBITDA of ₹3.42 Cr (EBITDA margin 9.4%). Revenue has grown at a compounded annual rate (CAGR) of 440% over three years and 8% over five years.
The company has about 19 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.71 Cr and satisfied charges of ₹56.6 Lakh on record. Court records list 16 cases involving the company, including 14 filed by the company and 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website methods.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo. 45 2nd Floor, Jubilee Building B Wing, Bangalore North, Karnataka, India – 560025
- IndustryAutomotive, Auto Dealership & Trading
- 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
- One PDF report, delivered after checkout
Business Activity of Methods Automotive Private Limited
The main business activity of Methods Automotive is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Methods Automotive Private Limited FY 2024 filings available
Methods Automotive Private Limited reported revenue of ₹36.48 Cr (up 15% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Methods Automotive Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 15% growth in the latest year. EBITDA rose 58% 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 Methods Automotive 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 | ₹3.42 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.03 Cr | •••• | •••• | •••• | •••• |
| 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 Methods Automotive Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.6% | •••• | •••• | •••• | •••• |
| 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 Methods Automotive are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Methods Automotive Private Limited
Methods Automotive Private Limited is compared with the companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kaizen Autocars Private Limited | ₹36.55 Cr (FY 2024) | •••• | •••• | -23.0% | •••• | Solapur, Maharashtra, India |
| Seven Point Motors Private Limited | ₹36.54 Cr (FY 2024) | •••• | •••• | 12.0% | •••• | Kolkata, West Bengal, India |
| Satma Industries Private Limited | ₹36.53 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Lucknow, Uttar Pradesh, India |
| Krrish Autowheels Private Limited | ₹36.53 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | Nashik, Maharashtra, India |
| Raunak Dream Developers Private Limited | ₹36.52 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Bikaner, Rajasthan, India |
| Methods Automotive Private Limited this company | ₹36.48 Cr (FY 2024) | •••• | •••• | 15.0% | •••• | Bangalore North, Karnataka, India |
| Orbit Auto World Private Limited | ₹36.46 Cr (FY 2024) | •••• | •••• | -23.0% | •••• | Mumbai, Maharashtra, India |
| MDH Motors Private Limited | ₹36.44 Cr (FY 2022) | •••• | •••• | 1.0% | •••• | Kadapa, Andhra Pradesh, India |
| Ala Enterprise Private Limited | ₹36.41 Cr (FY 2025) | •••• | •••• | -39.0% | •••• | Delhi, India |
| Gargson Automobile Private Limited | ₹36.41 Cr (FY 2024) | •••• | •••• | -28.0% | •••• | Bhubaneswar, Orissa, India |
| Bharath Vehicle Works Private Limited | ₹36.37 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Mangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Methods Automotive by revenue in the Automobiles industry (Auto and Components Dealers), 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 Methods Automotive Private Limited
Methods Automotive Private Limited is audited by PRASAD & SURESH for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PRASAD & SURESH | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Methods Automotive Private Limited
Methods Automotive has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mysore Narayan Prasad Shamsunder | Director | 06 Oct 2005 | 21 Years 0 Months | Current |
| Malur Parthasarathy Phanikumar | Director | 06 Oct 2005 | 21 Years 0 Months | Current |
Ownership and Shareholding of Methods Automotive Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Methods Automotive Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Oct 2025 | Hdfc Bank Limited | ₹2.2 Cr | Open |
| 19 Jun 2024 | Others | ₹11 Lakh | Open |
| 28 Jul 2023 | Others | ₹40 Lakh | Open |
| 29 Oct 2010 | Canara Bank | ₹1 Cr | Open |
| 13 Jun 2024 | Others | ₹18 Lakh | Satisfied |
Total charge records: 9 View all charges
Legal Cases of Methods Automotive Private Limited
Methods Automotive Private Limited has 16 court cases on record: 14 filed by Methods Automotive, 2 filed against it. 1 case is pending and 15 are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 2 | 1 |
| High courts | 5 | 0 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by an individual | Pending |
| High Court of Karnataka | Court case (MFA) | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by an individual | Disposed |
| High Court of Karnataka | Appeal | Filed by the company against Machdare Motorsports Pvt Ltd | Disposed |
Full case history
All 16 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 Methods Automotive Private Limited
Methods Automotive Private Limited has a workforce of 19 employees as of Apr 06, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Methods Automotive Private Limited
Methods Automotive Private Limited has 2 board changes on record since 2005: 2 appointments. The latest: Malur Parthasarathy Phanikumar was appointed as Director on 06 Oct 2005.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Methods Automotive Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Methods Automotive Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Methods Automotive Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Methods Automotive Private Limited
Methods Automotive has 6 GST registrations: 2 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECM7520L1Z4 | Karnataka | Active | 01 Jul 2017 |
| 06AAECM7520L1ZC | Haryana | Active | 23 May 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Methods Automotive Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Methods Automotive Private Limited
Methods Automotive is an active private limited company based in Bangalore North, Karnataka, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 06 October 2005 (21+ years old) and is registered under CIN U50300KA2005PTC037403.
Methods Automotive reported revenue of ₹36.48 Cr for FY 2024 (up 15% YoY).
Methods Automotive has 2 current directors:
- Mysore Narayan Prasad Shamsunder - Director
- Malur Parthasarathy Phanikumar - Director
Methods Automotive reported a net profit of ₹2.03 Cr (net margin 5.6%) and EBITDA of ₹3.42 Cr (EBITDA margin 9.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Methods Automotive is 440% over three years and 8% over five years. In the latest year (FY 2024) revenue rose 15%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Methods Automotive is 29AAECM7520L1Z4, registered in Karnataka. The company has 6 GST registrations in all, of which 2 are active and 4 are cancelled or inactive. Other active GSTINs include 06AAECM7520L1ZC (Haryana).
The CIN (Corporate Identification Number) of Methods Automotive is U50300KA2005PTC037403. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Methods Automotive has 16 court cases on record: 14 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Methods Automotive was incorporated on 06 October 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Methods Automotive by revenue are Kaizen Autocars Private Limited, Seven Point Motors Private Limited, Satma Industries Private Limited, Krrish Autowheels Private Limited, Raunak Dream Developers Private Limited and 5 more, all in the Automobiles industry (Auto and Components Dealers).
Malur Parthasarathy Phanikumar was appointed as Director on 06 Oct 2005. Mysore Narayan Prasad Shamsunder was appointed as Director on 06 Oct 2005.