M&N Motors Private Limited - automotive in Visakhapatnam, Andhra Pradesh, India. FY 2026 financials & compliance.
CIN U50102AP2010PTC067724 Incorporated 30 March 2010 ROC Vijayawada HQ Visakhapatnam, Andhra Pradesh, India
Active Private Limited Company automotive MSME · Medium
Data last updated
Revenue · FY 2023
₹180.59 Cr
▲ 53% YoY
Net profit · FY 2023
₹1.55 Cr
Net margin 0.9%
EBITDA · FY 2023
₹6.14 Cr
EBITDA margin 3.4%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4 Cr
Issued & subscribed
Open charges
₹51.87 Cr
Satisfied ₹8.26 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
172
Provident fund records

About M&N Motors Private Limited

Data last updated:

M&N Motors Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 30 March 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U50102AP2010PTC067724. Its GSTIN is 37AAGCM4621G1ZK (Andhra Pradesh).

The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4 Cr. It is led by directors including Radhakrishna Nandina and Venkata Lakshmi Nandina.

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 Flat No. 103 Jasti Square Apts Redge Wood Pandurangapuram, Visakhapatnam, Andhra Pradesh, India – 530003.

As per the financials filed for FY 2023, the company reported a revenue of ₹180.59 Cr, a growth of 53% compared to the previous year. For the same year it recorded a net profit of ₹1.55 Cr (net margin 0.9%) and EBITDA of ₹6.14 Cr (EBITDA margin 3.4%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 10% over five years.

The company has about 172 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹51.87 Cr and satisfied charges of ₹8.26 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.

M&N Motors Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-03-0000648). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mahindramnmotors.co.in.

Company details

CIN U50102AP2010PTC067724
Registration Number 067724
Incorporation Date 30 March 2010
ROC Vijayawada
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 Medium
Udyam Registration UDYAM-AP-03-0000648

Recognitions & Rankings of M&N Motors

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-AP-03-0000648

Contact details

M&N Motors Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its website is mahindramnmotors.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Flat No. 103 Jasti Square Apts Redge Wood Pandurangapuram, Visakhapatnam, Andhra Pradesh, India – 530003
  • Industry
    Automotive, Auto Dealership & Trading

To see the full contact details of M&N Motors Private Limited, buy the company report.

Comprehensive company report
M&N 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
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Financials of M&N Motors Private Limited

FY 2024 filings available

M&N Motors Private Limited reported revenue of ₹180.59 Cr (up 53% YoY) for FY 2023.

Revenue · FY 2023
₹180.59 Cr ▲ 53%
Net profit · FY 2023
₹1.55 Cr margin 0.9%
EBITDA · FY 2023
₹6.14 Cr margin 3.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 53%
3 years · compounded
▲ 15%
5 years · compounded
▲ 10%
EBITDA CAGR growth
3 years · compounded
▲ 23%
5 years · compounded
▲ 16%

Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 53% growth 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations₹180.59 Cr
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹6.14 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.55 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin3.4%
Net Profit Margin0.9%
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 M&N Motors Private Limited, buy the company report.

Board of directors of M&N Motors Private Limited

M&N Motors has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Radhakrishna NandinaDirector30 Mar 201016 Years 6 MonthsCurrent
Venkata Lakshmi NandinaDirector02 Apr 20188 Years 6 MonthsCurrent
Radha MuppavarapuDirector30 Mar 201016 Years 6 MonthsCurrent

Auditor

M&N Motors Private Limited is audited by Venkat Srinivas & Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Venkat Srinivas & CoFY 2023012206S

Shareholding

The shareholding of M&N 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 categoryFY 2023FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of M&N Motors Private Limited, buy the company report.

Charges & borrowings

Open charges
₹51.87 Cr
Satisfied charges
₹8.26 Cr
Breakdown by lending institutions
Others₹25.33 Cr
Axis Bank Limited₹15.00 Cr
Hdfc Bank Limited₹11.53 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
06 Jun 2025101124910Others₹5 CrOpen
19 Mar 2025101091877Hdfc Bank Limited₹26.8 LakhOpen
15 Mar 2025101102319Hdfc Bank Limited₹27.5 LakhOpen
15 Mar 2025101102318Hdfc Bank Limited₹24.34 LakhOpen
10 Jul 2024100957426Others₹9.5 CrOpen

To see the full charge records of M&N Motors Private Limited, buy the company report.

Total charge records: 20 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for M&N Motors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

M&N Motors Private Limited has a workforce of 172 employees on its EPFO records as of Mar 28, 2024, across 2 active EPFO establishments.

Employee count
172
Active EPFO establishments
2
Employee growth
50.88%

GST

M&N Motors has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
37AAGCM4621G1ZKAndhra PradeshActive01 Jul 2017

To see the full GST registrations and return filing status of M&N Motors Private Limited, buy the company report.

Recent activity

M&N Motors Private Limited has 3 board changes on record since 2010: 3 appointments. The latest: Venkata Lakshmi Nandina was appointed as Director on 02 Apr 2018.

Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 101124910 was registered on 06 Jun 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.27 Cr with Charge ID 101091877 was registered on 19 Mar 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.28 Cr with Charge ID 101102319 was registered on 15 Mar 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.24 Cr with Charge ID 101102318 was registered on 15 Mar 2025.
Charges
A charge with Axis Bank Limited of Rs. 15.00 Cr registered on 28 Feb 2013 with Charge ID 10412964 was modified on 20 Feb 2025.
AGM
M&N Motors Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 9.50 Cr with Charge ID 100957426 was registered on 10 Jul 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.12 Cr with Charge ID 100951356 was registered on 24 May 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.13 Cr with Charge ID 100951354 was registered on 24 May 2024.
Filing
M&N Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.
Charges
A charge with Hdfc Bank Limited of Rs. 10.50 Cr registered on 03 Feb 2023 with Charge ID 100676263 was modified on 21 Feb 2024.
Charges
A charge with Others of Rs. 10.00 Cr registered on 16 Oct 2017 with Charge ID 100139581 was modified on 21 Nov 2023.

26 earlier events are in the company report.

Frequently asked questions

M&N Motors is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 30 March 2010 (16+ years old) and is registered under CIN U50102AP2010PTC067724.

M&N Motors has 3 current directors:

The latest financial statements of M&N 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 2015 are in the company report.

The GSTIN of M&N Motors is 37AAGCM4621G1ZK, registered in Andhra Pradesh.

The CIN (Corporate Identification Number) of M&N Motors is U50102AP2010PTC067724. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

M&N Motors has 2 court cases on record: 2 filed by the company.

M&N Motors was incorporated on 30 March 2010, making it 16+ years old. It is registered with the Registrar of Companies, Vijayawada.

Venkata Lakshmi Nandina was appointed as Director on 02 Apr 2018. Radha Muppavarapu was appointed as Director on 30 Mar 2010. Radhakrishna Nandina was appointed as Director on 30 Mar 2010.

Yes, M&N Motors is registered as a medium enterprise under Udyam registration (number: UDYAM-AP-03-0000648).

M&N Motors can be reached through the website mahindramnmotors.co.in. Its registered office is in Visakhapatnam, Andhra Pradesh, India.