Motwane Private Limited
About Motwane Private Limited
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Motwane Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 17 April 1936 and has been in existence for over 90 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51395MH1936PTC002474. Its GSTIN is 27AAACM3598A1ZL (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹17 Lakh and a paid-up capital of ₹3.8 Lakh. It was formerly known as The Pilot Radio Corporation (I) P Ltd and The Pilot Radio Corporation (I) Ltd. It is led by directors including Gopal Nanik Motwane and Kiran Nanik Motwane.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Gyan Ghar 15th Road Khar West Mumbai Mh 400052, Maharashtra, India – 400052.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.57 Lakh, a growth of 35% compared to the previous year. For the same year it recorded a net loss of ₹16.54 Lakh (net margin -73.3%) and EBITDA of -₹16.44 Lakh (EBITDA margin -72.8%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 29% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
Court records list 36 cases involving the company, including 16 filed by the company and 20 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Motwane has undergone 2 name changes throughout its history. The company was previously known as The Pilot Radio Corporation (I) P Ltd, and The Pilot Radio Corporation (I) Ltd. The current legal name is Motwane Private Limited.
| Company Name | Status |
|---|---|
| Motwane Private Limited | Current |
| The Pilot Radio Corporation (I) P Ltd | Previous |
| The Pilot Radio Corporation (I) Ltd | Previous |
Contact details
Motwane Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressGyan Ghar 15th Road Khar West Mumbai Mh 400052, Maharashtra, India – 400052
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Motwane 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 Motwane Private Limited
FY 2025 filings availableMotwane Private Limited reported revenue of ₹22.57 Lakh (up 35% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 35% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 29%. 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 |
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| EBITDA | -₹16.44 Lakh | ||||
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| Net Profit (PAT) | -₹16.54 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -72.8% | ||||
| Net Profit Margin | -73.3% | ||||
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To see the full financial statements and ratios of Motwane Private Limited, buy the company report.
Board of directors of Motwane Private Limited
Motwane has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gopal Nanik Motwane Also directs: Chicago Telephone and Radio Co Private Limited | Director | 01 Apr 1970 | 56 Years 6 Months | Current |
| Kiran Nanik Motwane Also directs: Chicago Telephone and Radio Co Private Limited, Motwane Entertainment & Weddings LLP, Mew Atelier LLP and 1 more | Director | 01 Jun 1976 | 50 Years 4 Months | Current |
| Yogesh Nanik Motwane Also directs: Chicago Telephone and Radio Co Private Limited | Director | 01 May 1981 | 45 Years 5 Months | Current |
Shareholding
The shareholding of Motwane Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Motwane Private Limited, buy the company report.
Legal cases
Motwane Private Limited has 36 court cases on record: 16 filed by Motwane, 20 filed against it. 4 cases are pending and 32 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 25 | 12 | 3 |
| District courts | 9 | 7 | 1 |
| Supreme Court | 2 | 1 | 0 |
Cases on record (5 of 36)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (COMIP) | Filed by the company against The Motwane Manufacturing Company Private Limited and 3 others | Pending |
| Bombay High Court | Court case (LPETN) | Filed by the company against The Motwane Manufacturing Company Private Limited and 3 others | Pending |
| District court, Calcutta, West Bengal | Court case (TS) | Filed against the company by X Core Corporate Consulting Pvt. Ltd. | Pending |
| High Court | Commercial suit | Filed against the company by M.S. Luvish Infoway Projects Private Limited and 1 other | Disposed |
| Bombay High Court | Court case (COAPP) | Filed by the company against Chicago Telephone and Radio Co. Pvt. Ltd. and 1 other | Disposed |
To see the full case history of Motwane 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 Motwane Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Motwane Private Limited has a workforce of 3 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Motwane has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM3598A1ZL | Maharashtra | Active | 01 Jul 2017 |
| 19AAACM3598A1ZI | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Motwane Private Limited, buy the company report.
Recent activity
Motwane Private Limited has 4 board changes on record since 1970: 3 appointments and 1 cessation. The latest: Girdhar Nanik Motwane ceased to be Director on 06 Mar 2008.
Frequently asked questions
Motwane is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 17 April 1936 (90+ years old) and is registered under CIN U51395MH1936PTC002474.
Motwane has 3 current directors:
- Gopal Nanik Motwane - Director
- Kiran Nanik Motwane - Director
- Yogesh Nanik Motwane - Director
The latest financial statements of Motwane on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Motwane is 27AAACM3598A1ZL, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 19AAACM3598A1ZI (West Bengal).
The CIN (Corporate Identification Number) of Motwane is U51395MH1936PTC002474. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Motwane has 36 court cases on record: 16 filed by the company and 20 filed against it. 4 are pending. Most are in the high courts.
Motwane was incorporated on 17 April 1936, making it 90+ years old. It is registered with the Registrar of Companies, Mumbai.
Girdhar Nanik Motwane ceased to be Director on 06 Mar 2008. Yogesh Nanik Motwane was appointed as Director on 01 May 1981. Kiran Nanik Motwane was appointed as Director on 01 Jun 1976. Motwane has 4 board changes on record in total.
The registered office of Motwane is at Gyan Ghar 15th Road Khar West Mumbai Mh 400052, Maharashtra, India – 400052.
Motwane operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.