- Category
- Small (2022-23)
- Udyam number
- UDYAM-AP-06-0001509

About Mithra Coaches Private Limited
Data last updated:
Mithra Coaches Private Limited is a private limited company based in Vijayawada, Andhra Pradesh, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 24 December 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U74900AP2008PTC062339. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹7.5 Cr and a paid-up capital of ₹7.5 Cr. It was formerly known as Mithra Jcbl Coaches Private Limited and Mithra Jcbl Coaches Limited. It is led by directors Chandramouli Maganti and Madhusudhana Sarma Maganti.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 4 – 154 Besides Ap Seeds Corporation Prasadampadu, Vijayawada, Andhra Pradesh, India – 521108.
As per the financials filed for FY 2021, the company reported a revenue of ₹4.18 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net loss of ₹6.79 Cr (net margin -162.2%) and EBITDA of -₹1.07 Cr (EBITDA margin -25.5%). Revenue has declined at a compounded annual rate (CAGR) of 9% over five years.
As per MCA filings, the company has open charges of ₹37.15 Cr on record. Court records list 9 cases involving the company, including 7 filed by the company and 2 filed against it; 4 cases are pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹7.48 Cr; the latest was in March 2013.
Mithra Coaches Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-06-0001509). 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 mithracoaches.co.in.
Company details
Name history
Mithra Coaches has undergone 2 name changes throughout its history. The company was previously known as Mithra Jcbl Coaches Private Limited, and Mithra Jcbl Coaches Limited. The current legal name is Mithra Coaches Private Limited.
| Company Name | Status |
|---|---|
| Mithra Coaches Private Limited | Current |
| Mithra Jcbl Coaches Private Limited | Previous |
| Mithra Jcbl Coaches Limited | Previous |
Recognitions & Rankings of Mithra Coaches
Contact details
Mithra Coaches Private Limited's registered office is in Vijayawada, Andhra Pradesh. Its website is mithracoaches.co.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address4 – 154 Besides Ap Seeds Corporation Prasadampadu, Vijayawada, Andhra Pradesh, India – 521108
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Mithra Coaches 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 Mithra Coaches is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles |
To see the full business activity and turnover split of Mithra Coaches Private Limited, buy the company report.
Financials of Mithra Coaches Private Limited
FY 2021 filings availableMithra Coaches Private Limited reported revenue of ₹4.18 Cr (up 32% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 32% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 9%. EBITDA fell 71% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹4.18 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.07 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.79 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -25.5% | ||||
| Net Profit Margin | -162.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Mithra Coaches Private Limited, buy the company report.
Board of directors of Mithra Coaches Private Limited
Mithra Coaches has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandramouli Maganti Also directs: Vijaya Lakshmi Bottlers Pvt Ltd, Cosmos Rubber (Andhra) Pvt Ltd, Sridhar Engineering and Rubber Products Private Limited and 3 more | Director | 02 Apr 2010 | 16 Years 6 Months | Current |
| Madhusudhana Sarma Maganti | Director | 02 Apr 2010 | 16 Years 6 Months | Current |
Auditor
Mithra Coaches Private Limited is audited by VIJAY AND VEERA for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIJAY AND VEERA | FY 2021 | 017315S |
Shareholding
The shareholding of Mithra Coaches Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mithra Coaches Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2010 | 10220050 | Bank of Baroda | ₹37.15 Cr | Open |
To see the full charge records of Mithra Coaches Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Mithra Coaches Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹7.48 Cr; the latest was in March 2013.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2013 | Funding round | ₹7.48 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mithra Coaches Private Limited has 9 court cases on record: 7 filed by Mithra Coaches, 2 filed against it. 4 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 0 | 4 |
| District courts | 2 | 2 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by M/S CVG Seating (India) Private Limited Through Santosh Dattatray Gadewar | Disposed |
| High Court | Criminal complaint | Filed by the company against individuals | Pending |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against Andhra Padesh State Road Transport Corportion, and 2 others | Pending |
| High Court | Writ petition | Filed by the company against Andhra Padesh State Road Transport Corportion, and 2 others | Pending |
| High Court, ANDHRAPRADESH | Criminal complaint | Filed by the company against individuals | Pending |
To see the full case history of Mithra Coaches 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
Mithra Coaches Private Limited was last rated by Care on 22 Jun 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 22 Jun 2022 |
To see the full credit ratings and regulatory alerts of Mithra Coaches Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mithra Coaches Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mithra Coaches 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 Mithra Coaches Private Limited, buy the company report.
Recent activity
Mithra Coaches Private Limited has 12 board changes on record since 2010: 2 appointments and 10 cessations. The latest: Seshadri Sekhar Neti ceased to be Director on 01 Apr 2022.
5 earlier events are in the company report.
Frequently asked questions
Mithra Coaches is an active private limited company based in Vijayawada, Andhra Pradesh, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 24 December 2008 (18+ years old) and is registered under CIN U74900AP2008PTC062339.
Mithra Coaches has 2 current directors:
- Chandramouli Maganti - Director
- Madhusudhana Sarma Maganti - Director
The latest financial statements of Mithra Coaches on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
No. Mithra Coaches has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Mithra Coaches is U74900AP2008PTC062339. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mithra Coaches has 9 court cases on record: 7 filed by the company and 2 filed against it. 4 are pending. Most are in the high courts.
Mithra Coaches was incorporated on 24 December 2008, making it 18+ years old. It is registered with the Registrar of Companies, Vijayawada.
Mithra Coaches has 1 deal on record (1 funding round), with disclosed funding of ₹7.48 Cr; the latest was in March 2013.
Seshadri Sekhar Neti ceased to be Director on 01 Apr 2022. Venugopal Maganti ceased to be Director on 25 Mar 2021. Subrahmanyam Maganti ceased to be Director on 06 Jun 2019. Mithra Coaches has 12 board changes on record in total.
Yes, Mithra Coaches is registered as a small enterprise under Udyam registration (number: UDYAM-AP-06-0001509).