- Category
- Small (2022-23)
- Udyam number
- UDYAM-AP-06-0004945

About Mithra Motors Private Limited
Data last updated:
Mithra Motors Private Limited is a private limited company based in Vijayawada, Andhra Pradesh, India, a subsidiary of Mithra Garrage Private Limited. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 18 August 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U50200AP2011PTC076027. Its GSTIN is 37AAHCM3735E1ZI (Andhra Pradesh).
The company has an authorised share capital of ₹1.2 Cr and a paid-up capital of ₹1.2 Cr. It is led by directors Subrahmanyam 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 D.No.32 – 26 – 126A Opp To: Bsnl Bhavan Chuttugunta Eluru Road Jageer Machavaram, Vijayawada, Andhra Pradesh, India – 520004.
As per the financials filed for FY 2020, the company reported a revenue of ₹57.39 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹22.79 Lakh (net margin 0.4%) and EBITDA of -₹10.49 Lakh (EBITDA margin -0.2%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 1% over five years.
The company has about 28 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹65 Lakh and satisfied charges of ₹13.99 Cr on record. Court records list 15 cases involving the company, including 5 filed by the company and 10 filed against it; 2 cases are pending.
Mithra Motors Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-06-0004945). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mithrahonda.com.
Company details
Recognitions & Rankings of Mithra Motors
Contact details
Mithra Motors Private Limited's registered office is in Vijayawada, Andhra Pradesh. Its website is mithrahonda.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressD.No.32 – 26 – 126A Opp To: Bsnl Bhavan Chuttugunta Eluru Road Jageer Machavaram, Vijayawada, Andhra Pradesh, India – 520004
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Mithra Motors 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
Financials of Mithra Motors Private Limited
FY 2021 filings availableMithra Motors Private Limited reported revenue of ₹57.39 Cr (down 9% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 9% fall 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹57.39 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹10.49 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹22.79 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.2% | ||||
| Net Profit Margin | 0.4% | ||||
| 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 Mithra Motors Private Limited, buy the company report.
Board of directors of Mithra Motors Private Limited
Mithra Motors has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subrahmanyam Maganti Also directs: Sadashiva Engineering LLP, Vijaya Lakshmi Bottlers Pvt Ltd, Cosmos Rubber (Andhra) Pvt Ltd and 5 more | Director | 18 Aug 2011 | 15 Years 2 Months | Current |
| Madhusudhana Sarma Maganti Also directs: Radhamadhav Automobiles Private Limited, Leela Krishna Automobiles Private Limited, Radha Krishna Automobiles Pvt Lim and 5 more | Director | 18 Aug 2011 | 15 Years 2 Months | Current |
Auditor
Mithra Motors Private Limited is audited by R BHARADHWAJ & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R BHARADHWAJ & CO | FY 2020 | 013966S |
Shareholding
The shareholding of Mithra Motors Private Limited is on record for 4 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 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Mithra Motors Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Apr 2019 | 100255897 | Others | ₹65 Lakh | Open | |
| 18 Dec 2019 | 100311631 | State Bank of India | ₹96 Lakh | Satisfied | |
| 01 Jul 2017 | 100160160 | Others | ₹21 Lakh | Satisfied | |
| 05 Dec 2011 | 10323427 | State Bank of India | ₹12.82 Cr | Satisfied |
To see the full charge records of Mithra Motors Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Mithra Motors Private Limited has 15 court cases on record: 5 filed by Mithra Motors, 10 filed against it. 2 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 10 | 1 |
| High courts | 5 | 0 | 1 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by L and T Finance Ltd .. | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Aditya Birla Housing Finance Ltd. | Disposed |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against individuals | Pending |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against The State of Andhra Pradesh and 1 other | Disposed |
| High Court of Andhra Pradesh | Writ petition | Filed by the company against The State of Andhra Pradesh | Disposed |
To see the full case history of Mithra 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 Mithra Motors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mithra Motors Private Limited has a workforce of 28 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Mithra Motors has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAHCM3735E1ZI | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mithra Motors Private Limited, buy the company report.
Recent activity
Mithra Motors Private Limited has 3 board changes on record since 2011: 2 appointments and 1 cessation. The latest: Janaki Neti ceased to be Director on 31 Mar 2023.
2 earlier events are in the company report.
Frequently asked questions
Mithra Motors is an active private limited company based in Vijayawada, Andhra Pradesh, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 18 August 2011 (15+ years old) and is registered under CIN U50200AP2011PTC076027.
Mithra Motors has 2 current directors:
- Subrahmanyam Maganti - Director
- Madhusudhana Sarma Maganti - Director
The latest financial statements of Mithra Motors 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.
The GSTIN of Mithra Motors is 37AAHCM3735E1ZI, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Mithra Motors is U50200AP2011PTC076027. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mithra Motors has 15 court cases on record: 5 filed by the company and 10 filed against it. 2 are pending. Most are in the district courts.
Mithra Motors was incorporated on 18 August 2011, making it 15+ years old. It is registered with the Registrar of Companies, Vijayawada.
Janaki Neti ceased to be Director on 31 Mar 2023. Madhusudhana Sarma Maganti was appointed as Director on 18 Aug 2011. Subrahmanyam Maganti was appointed as Director on 18 Aug 2011.
Yes, Mithra Motors is registered as a small enterprise under Udyam registration (number: UDYAM-AP-06-0004945).
Mithra Motors can be reached through the website mithrahonda.com. Its registered office is in Vijayawada, Andhra Pradesh, India.