- Category
- Small (2023-24)
- Udyam number
- UDYAM-KL-08-0003217

About Ace Motors Private Limited
Data last updated:
Ace Motors Private Limited is a private limited company based in Kozhikode, Kerala, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 13 September 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U50102KL1995PTC009405. Its GSTIN is 32AABCA9440Q1ZF (Kerala).
The company has an authorised share capital of ₹5.25 Cr and a paid-up capital of ₹3.52 Cr. It was formerly known as Ace Motors Limited. It is led by directors including Krishnanand Kamath (Managing Director) and Nityanand Kamath (Managing Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Leela Towersdoor No 19/1970 A Kallai Road, Kozhikode, Kerala, India – 673002.
As per the financials filed for FY 2025, the company reported a revenue of ₹51.84 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹39.49 Lakh (net margin 0.8%) and EBITDA of ₹71.73 Lakh (EBITDA margin 1.4%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 2% over five years.
The company has about 79 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹6.9 Cr and satisfied charges of ₹7.11 Cr on record. Court records list 18 cases involving the company, including 13 filed by the company and 5 filed against it; 6 cases are pending. The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹2.13 Cr; the latest was in July 2023. Its 8 peer companies in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading) are compared by revenue, 3 larger and 5 smaller; the largest is Capital Cars Private Limited with revenue of ₹52.09 Cr.
Ace Motors Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-08-0003217). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website acegroup.in.
Company details
Recognitions & Rankings of Ace Motors
Contact details
Ace Motors Private Limited's registered office is in Kozhikode, Kerala. Its website is acegroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressLeela Towersdoor No 19/1970 A Kallai Road, Kozhikode, Kerala, India – 673002
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Ace 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
Business activity
The main business activity of Ace 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 Ace Motors Private Limited, buy the company report.
Financials of Ace Motors Private Limited
FY 2025 filings availableAce Motors Private Limited reported revenue of ₹51.84 Cr (down 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 7% fall in the latest year. EBITDA rose 42% 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 |
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| EBITDA | ₹71.73 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹39.49 Lakh | ||||
| Balance Sheet | |||||
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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 | 1.4% | ||||
| Net Profit Margin | 0.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ace Motors Private Limited, buy the company report.
Board of directors of Ace Motors Private Limited
Ace Motors has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sadanand Kamath Also directs: Trio Holdings Private Limited, Ace Transworld Engineering Private Limted, Ace Structures Private Limited and 4 more | Director | 13 Sep 1995 | 31 Years 1 Months | Current |
| Krishnanand Kamath Also directs: Trio Holdings Private Limited, Ace Transworld Engineering Private Limted, Ace Structures Private Limited and 5 more | Managing Director | 13 Sep 1995 | 31 Years 1 Months | Current |
| Nityanand Kamath Also directs: Trio Holdings Private Limited, Ace Transworld Engineering Private Limted, Ace Structures Private Limited and 5 more | Managing Director | 13 Sep 1995 | 31 Years 1 Months | Current |
| Sachin Kamath | Director | 16 Jul 2025 | 1 Years 3 Months | Current |
| Pranav Kamath | Director | 16 Jul 2025 | 1 Years 3 Months | Current |
Peer comparison
Ace Motors Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Capital Cars Private Limited | ₹52.09 Cr (FY 2025) | -73.0% | New Delhi, Delhi, India | |||
| Madurai Meenakshi Motors Private Limited | ₹51.95 Cr (FY 2025) | -17.0% | Virudhunagar, Tamil Nadu, India | |||
| Sunwin Auto Private Limited | ₹51.92 Cr (FY 2025) | 27.0% | Hisar, Haryana, India | |||
| Ace Motors Private Limitedthis company | ₹51.84 Cr (FY 2025) | ₹39.49 Lakh | 0.8% | -7.0% | 79 | Kozhikode, Kerala, India |
| Hari Om Sri Automobiles Private Limited | ₹51.78 Cr (FY 2025) | 15.0% | Sitamarhi, Bihar, India | |||
| Bawa Auto Dealers Private Limited | ₹51.73 Cr (FY 2024) | 0.0% | Uttar Pradesh, India | |||
| Gem Phoenix Auto Private Limited | ₹51.67 Cr (FY 2024) | 23.0% | Palakkad, Kerala, India | |||
| V P Motors Private Limited | ₹51.58 Cr (FY 2024) | 1546.0% | Bilaspur, Chhattisgarh, India | |||
| Caculo Cars Private Limited | ₹51.57 Cr (FY 2024) | 44.0% | Panaji, Goa, India |
To see the full peer comparison of Ace Motors Private Limited, buy the company report.
Auditor
Ace Motors Private Limited is audited by V K S NARAYAN & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V K S NARAYAN & CO. | FY 2023 | 002399s |
Shareholding
The shareholding of Ace 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ace Motors Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jan 2005 | 90023110 | State Bank of India | ₹6.9 Cr | Open | |
| 16 Sep 2020 | 100385091 | State Bank of India | ₹1.65 Cr | Satisfied | |
| 28 Mar 2008 | 10105601 | State Bank of Travancore | ₹1 Cr | Satisfied | |
| 24 Aug 2007 | 10069944 | State Bank of Travancore | ₹1 Cr | Satisfied | |
| 12 Jun 2007 | 10058584 | State Bank of Travancore | ₹1 Cr | Satisfied |
To see the full charge records of Ace Motors Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Ace Motors Private Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹2.13 Cr; the latest was in July 2023.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2023 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Mar 2010 | Funding round | ₹1.5 Cr | Investors: 4 individuals |
| Oct 2008 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 3 individuals |
| Mar 2006 | Funding round | ₹62.9 Lakh | Investors: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ace Motors Private Limited has 18 court cases on record: 13 filed by Ace Motors, 5 filed against it. 6 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 2 | 2 |
| High courts | 9 | 3 | 4 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kozhikode, Kerala | Civil suit | Filed by the company against M/S Pinnacle Vehicles and Services Pvt. Ltd. | Disposed |
| District court, Kozhikode, Kerala | Civil suit | Filed by the company against an individual | Pending |
| High Court | Writ petition | Filed against the company by individuals | Pending |
| High Court | Writ petition | Filed against the company by an individual | Pending |
| District court, Kozhikode, Kerala | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Ace 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 Ace Motors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ace Motors Private Limited has a workforce of 79 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Ace Motors has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AABCA9440Q1ZF | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ace Motors Private Limited, buy the company report.
Recent activity
Ace Motors Private Limited has 5 board changes on record since 1995: 5 appointments. The latest: Pranav Kamath was appointed as Director on 16 Jul 2025.
16 earlier events are in the company report.
Frequently asked questions
Ace Motors is an active private limited company based in Kozhikode, Kerala, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 13 September 1995 (31+ years old) and is registered under CIN U50102KL1995PTC009405.
Ace Motors has 5 current directors:
- Krishnanand Kamath - Managing Director
- Nityanand Kamath - Managing Director
- Sadanand Kamath - Director
- Sachin Kamath - Director
- Pranav Kamath - Director
The latest financial statements of Ace Motors on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ace Motors is 32AABCA9440Q1ZF, registered in Kerala.
The CIN (Corporate Identification Number) of Ace Motors is U50102KL1995PTC009405. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ace Motors has 18 court cases on record: 13 filed by the company and 5 filed against it. 6 are pending. Most are in the district courts.
Ace Motors was incorporated on 13 September 1995, making it 31+ years old. It is registered with the Registrar of Companies, Ernakulam.
Ace Motors has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹2.13 Cr; the latest was in July 2023.
The peers of Ace Motors by revenue are Capital Cars Private Limited, Madurai Meenakshi Motors Private Limited, Sunwin Auto Private Limited, Hari Om Sri Automobiles Private Limited, Bawa Auto Dealers Private Limited and 3 more, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).
Pranav Kamath was appointed as Director on 16 Jul 2025. Sachin Kamath was appointed as Director on 16 Jul 2025. Krishnanand Kamath was appointed as Managing Director on 13 Sep 1995. Ace Motors has 5 board changes on record in total.
Yes, Ace Motors is registered as a small enterprise under Udyam registration (number: UDYAM-KL-08-0003217).

