MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-OD-07-0017843
Midway Motors Private Limited - automotive in Cuttack, Odisha, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.8 Cr
▼ 25% YoY
Net profit · FY 2025
₹1.66 Lakh
Net margin 0.9%
EBITDA · FY 2025
₹33.23 Lakh
EBITDA margin 18.5%
Authorised capital
₹6 Cr
Registered with MCA
Paid-up capital
₹6 Cr
Issued & subscribed
Open charges
₹13.65 Cr
Satisfied ₹9.45 Cr
Company age
11 yrs
Est. 2015
Employees · EPFO
36
Provident fund records
About Midway Motors Private Limited
Data last updated:
Midway Motors Private Limited is a private limited company based in Cuttack, Odisha, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 02 July 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U50100OR2015PTC019137. Its GSTIN is 21AAJCM8153E1ZN (Odisha).
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹6 Cr. It is led by directors Sunil Kumar Swain and Swati Swain.
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 Plot No 554 Nuapada Chhak Madhupatana, Cuttack, Odisha, India – 753010.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.8 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹1.66 Lakh (net margin 0.9%) and EBITDA of ₹33.23 Lakh (EBITDA margin 18.5%). Revenue has declined at a compounded annual rate (CAGR) of 69% over three years and 42% over five years.
The company has about 36 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹13.65 Cr and satisfied charges of ₹9.45 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it.
Midway Motors Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-07-0017843). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website midwaymotors.in.
Company details
CIN U50100OR2015PTC019137
Registration Number 019137
Incorporation Date 02 July 2015
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-OD-07-0017843
Key People
Sunil Kumar Swain Director Swati Swain Director Recognitions & Rankings of Midway Motors
Contact details
Midway Motors Private Limited's registered office is in Cuttack, Odisha. Its website is midwaymotors.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No 554 Nuapada Chhak Madhupatana, Cuttack, Odisha, India – 753010
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Midway Motors Private Limited, buy the company report.
Comprehensive company report
Midway 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Midway Motors is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Midway Motors Private Limited, buy the company report.
Financials of Midway Motors Private Limited
FY 2024 filings availableMidway Motors Private Limited reported revenue of ₹1.8 Cr (down 25% YoY) for FY 2025.
Revenue · FY 2025
₹1.8 Cr ▼ 25%
Net profit · FY 2025
₹1.66 Lakh margin 0.9%
EBITDA · FY 2025
₹33.23 Lakh margin 18.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 25%
3 years · compounded
▲ 69%
5 years · compounded
▼ 42%
EBITDA CAGR growth
1 year
▼ 11%
3 years · compounded
▲ 45%
5 years · compounded
▼ 25%
Revenue has declined at a compounded annual rate (CAGR) of 42% over five years, including a 25% fall in the latest year. EBITDA fell 11% 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 |
|---|---|---|---|---|---|
| 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 | ₹33.23 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.66 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.5% | ||||
| Net Profit Margin | 0.9% | ||||
| 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 Midway Motors Private Limited, buy the company report.
Board of directors of Midway Motors Private Limited
Midway Motors has 2 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 |
|---|---|---|---|---|
| Sunil Kumar Swain | Director | 01 Jan 2016 | 10 Years 10 Months | Current |
| Swati Swain | Director | 27 May 2019 | 7 Years 5 Months | Current |
Peer comparison
Midway Motors Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Biro Power Private Limited | ₹1.8 Cr (FY 2025) | -12.0% | Patna, Bihar, India | |||
| Droona Auto Private Limited | ₹1.8 Cr (FY 2024) | 25.0% | Bulandshahr, Uttar Pradesh, India | |||
| Midway Motors Private Limitedthis company | ₹1.8 Cr (FY 2025) | ₹1.66 Lakh | 0.9% | -25.0% | 36 | Cuttack, Odisha, India |
| Surpati Motors Private Limited | ₹1.79 Cr (FY 2021) | -22.0% | Itarsi, Madhya Pradesh, India | |||
| Top Gear Cars Private Limited | ₹1.79 Cr (FY 2025) | 176.0% | New Delhi, Delhi, India | |||
| Luxury Cars Emporio Private Limited | ₹1.79 Cr (FY 2025) | -55.0% | Delhi, India |
To see the full peer comparison of Midway Motors Private Limited, buy the company report.
Auditor
Midway Motors Private Limited is audited by SPP ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SPP ASSOCIATES | FY 2023 | 322862E |
Shareholding
The shareholding of Midway 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 Midway Motors Private Limited, buy the company report.
Charges & borrowings
Open charges
₹13.65 Cr
Satisfied charges
₹9.45 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Aug 2022 | 100634155 | Others | ₹3.15 Cr | Open | |
| 18 Mar 2019 | 100251770 | Others | ₹10.5 Cr | Open | |
| 23 Sep 2016 | 100055819 | Others | ₹9.45 Cr | Satisfied |
To see the full charge records of Midway Motors Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Midway Motors Private Limited has 5 court cases on record: 4 filed by Midway Motors, 1 filed against it. All cases are disposed.
Total cases
5
Filed by the company
4
Filed against the company
1
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 0 |
| High courts | 2 | 1 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ORISSA | Tax appeal | Filed against the company by Principal Commissioner of Income Tax-1,Khurda | Disposed |
| High Court, ORISSA | Writ petition | Filed by the company against The Commissioner, CT and GST, Cuttack and 2 others | Disposed |
| District court, Boudh, Orissa | Interim or miscellaneous application | Filed by the company against State of Orissa | Disposed |
| District court, Boudh, Orissa | Revision petition | Filed by the company against State of Orissa | Disposed |
To see the full case history of Midway 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Midway Motors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Midway Motors Private Limited has a workforce of 36 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
Employee count
36
Active EPFO establishments
1
Employee growth
-41.94%
GST
Midway Motors has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAJCM8153E1ZN | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Midway Motors Private Limited, buy the company report.
Recent activity
Midway Motors Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Ajit Kumar Swain ceased to be Director on 31 May 2019.
AGM
Midway Motors Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Midway Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.
Charges
A charge with Others amounted to Rs. 3.15 Cr with Charge ID 100634155 was registered on 02 Aug 2022.
Charges
A charge registered on 23 Sep 2016 via Charge ID 100055819 with Others was fully satisfied on 27 Apr 2020.
Ceased
Ajit Kumar Swain ceased to be Director.
Appointed
Swati Swain was appointed as Director.
Charges
A charge with Others amounted to Rs. 10.50 Cr with Charge ID 100251770 was registered on 18 Mar 2019.
Charges
A charge with Others of Rs. 9.45 Cr registered on 23 Sep 2016 with Charge ID 100055819 was modified on 02 Apr 2018.
Charges
A charge with Others amounted to Rs. 9.45 Cr with Charge ID 100055819 was registered on 23 Sep 2016.
Ceased
Mahendra Swain ceased to be Director.
Appointed
Sunil Kumar Swain was appointed as Director.
Incorporation
02 Jul 2015
Midway Motors Private Limited was registered on 02 Jul 2015 with Roc Cuttack & aged 11 years 4 months as per MCA records.
Frequently asked questions
Midway Motors is an active private limited company based in Cuttack, Odisha, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 02 July 2015 (11+ years old) and is registered under CIN U50100OR2015PTC019137.
Midway Motors has 2 current directors:
- Sunil Kumar Swain - Director
- Swati Swain - Director
The latest financial statements of Midway Motors on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Midway Motors is 21AAJCM8153E1ZN, registered in Odisha.
The CIN (Corporate Identification Number) of Midway Motors is U50100OR2015PTC019137. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Midway Motors has 5 court cases on record: 4 filed by the company and 1 filed against it. Most are in the district courts.
Midway Motors was incorporated on 02 July 2015, making it 11+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Midway Motors by revenue are Biro Power Private Limited, Droona Auto Private Limited, Surpati Motors Private Limited, Top Gear Cars Private Limited, Luxury Cars Emporio Private Limited, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).
Ajit Kumar Swain ceased to be Director on 31 May 2019. Swati Swain was appointed as Director on 27 May 2019. Mahendra Swain ceased to be Director on 06 Jan 2016. Midway Motors has 4 board changes on record in total.
Yes, Midway Motors is registered as a micro enterprise under Udyam registration (number: UDYAM-OD-07-0017843).
Midway Motors can be reached through the website midwaymotors.in. Its registered office is in Cuttack, Odisha, 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