MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-OD-19-0003103
Bharat Motors Limited - automotive in Bhubaneswar, Odisha, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹53.17 Cr
▼ 5% YoY
Net loss · FY 2024
₹4.56 Cr
Net margin -8.6%
EBITDA · FY 2024
₹1.04 Cr
EBITDA margin 2%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹7.21 Cr
Issued & subscribed
Open charges
₹135.34 Cr
Satisfied ₹196.51 Cr
Company age
31 yrs
Est. 1995
Employees · EPFO
81
Provident fund records
About Bharat Motors Limited
Data last updated:
Bharat Motors Limited is a public limited company based in Bhubaneswar, Odisha, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 19 October 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U50102OR1995PLC004182. Its GSTIN is 21AABCB3581B1ZE (Odisha).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹7.21 Cr. It is led by directors including Bina Didwania (Whole-Time Director) and Aditya Vikram Didwania (Whole-Time Director).
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 Bhubaneswar, Odisha.
As per the financials filed for FY 2024, the company reported a revenue of ₹53.17 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net loss of ₹4.56 Cr (net margin -8.6%) and EBITDA of ₹1.04 Cr (EBITDA margin 2%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years and 17% over five years.
The company has about 81 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹135.34 Cr and satisfied charges of ₹196.51 Cr on record. Court records list 39 cases involving the company, including 29 filed by the company and 10 filed against it; 4 cases are pending.
Bharat Motors Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-19-0003103). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bharats.in.
Company details
CIN U50102OR1995PLC004182
Registration Number 004182
Incorporation Date 19 October 1995
ROC Cuttack
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-OD-19-0003103
CIN history
Bharat Motors has one previous CIN (Corporate Identification Number): U51010OR1995PLC004182. The current CIN is U50102OR1995PLC004182, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U50102OR1995PLC004182 | Current |
| U51010OR1995PLC004182 | Previous |
Key People
Bina Didwania Whole-Time Director Aditya Vikram Didwania Whole-Time Director Om Prakash Didwania Director Recognitions & Rankings of Bharat Motors
Contact details
Bharat Motors Limited's registered office is in Bhubaneswar, Odisha. Its website is bharats.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressS3/45 Sector A, Mancheswar Industrial Estate, Bhubaneswar, Odisha, India – 751010
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Bharat Motors Limited, buy the company report.
Comprehensive company report
Bharat Motors 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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Business activity
The main business activity of Bharat 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 Bharat Motors Limited, buy the company report.
Financials of Bharat Motors Limited
FY 2024 filings availableBharat Motors Limited reported revenue of ₹53.17 Cr (down 5% YoY) for FY 2024.
Revenue · FY 2024
₹53.17 Cr ▼ 5%
Net loss · FY 2024
₹4.56 Cr margin -8.6%
EBITDA · FY 2024
₹1.04 Cr margin 2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 5%
3 years · compounded
▼ 19%
5 years · compounded
▼ 17%
EBITDA CAGR growth
1 year
▼ 74%
3 years · compounded
▼ 34%
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 5% fall in the latest year. EBITDA fell 74% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.04 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.56 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2% | ||||
| Net Profit Margin | -8.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Bharat Motors Limited, buy the company report.
Board of directors of Bharat Motors Limited
Bharat Motors has 7 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bina Didwania | Whole-Time Director | 01 Apr 1996 | 30 Years 6 Months | Current |
| Om Prakash Didwania | Director | 18 Jan 2022 | 4 Years 9 Months | Current |
| Aditya Vikram Didwania Also directs: Unideal (India) Pvt. Ltd. | Whole-Time Director | 17 Dec 2018 | 7 Years 10 Months | Current |
| Harsh Vardhan Didwania Also directs: Omjay EV Limited, Shree Insurance Brokers Private Limited, Shree Bharat Motors Limited and 4 more | Director | 22 Jan 2016 | 10 Years 9 Months | Current |
| Prasant Kumar Pattnaik Also directs: Shree Bharat Motors Limited | Director | 13 Jan 2016 | 10 Years 9 Months | Current |
| Dev Prakash Didwania | Additional Director | 23 Dec 2025 | 0 Years 10 Months | Current |
Showing 6 of 7 current directors. View all directors
Peer comparison
Bharat Motors Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Ganpati Tradecom Private Limited | ₹53.47 Cr (FY 2025) | 65.0% | Kolkata, West Bengal, India | |||
| Raigarh Automobiles Private Limited | ₹53.2 Cr (FY 2024) | 29.0% | Mumbai, Maharashtra, India | |||
| Bharat Motors Limitedthis company | ₹53.17 Cr (FY 2024) | -₹4.56 Cr | -8.6% | -5.0% | 81 | Bhubaneswar, Odisha, India |
| Kapil Automotives and Trading Private Limited | ₹53.1 Cr (FY 2025) | 44.0% | Shivpuri, Madhya Pradesh, India | |||
| Devdeva Automobile Private Limited | ₹52.87 Cr (FY 2025) | 15.0% | Biharsharif, Bihar, India |
To see the full peer comparison of Bharat Motors Limited, buy the company report.
Auditor
Bharat Motors Limited is audited by K.C. Sethia & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.C. Sethia & Associates | FY 2022 | 316081E |
Shareholding
The shareholding of Bharat Motors Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | 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 Bharat Motors Limited, buy the company report.
Charges & borrowings
Open charges
₹135.34 Cr
Satisfied charges
₹196.51 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Oct 2025 | 101174543 | Others | ₹100 Cr | Open | |
| 30 Sep 2021 | 100486073 | Others | ₹6 Cr | Open | |
| 01 Apr 2021 | 100433625 | Axis Bank Limited | ₹27.2 Lakh | Open | |
| 31 Mar 2021 | 100461540 | Others | ₹1.37 Cr | Open | |
| 06 Jan 2021 | 100407861 | Hdfc Bank Limited | ₹1.5 Cr | Open |
To see the full charge records of Bharat Motors Limited, buy the company report.
Total charge records: 51 View all charges
Legal cases
Bharat Motors Limited has 39 court cases on record: 29 filed by Bharat Motors, 10 filed against it. 4 cases are pending and 35 are disposed.
Total cases
39
Filed by the company
29
Filed against the company
10
Pending
4
Disposed
35
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 26 | 1 | 0 |
| District courts | 13 | 9 | 4 |
Cases on record (5 of 39)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Udham Singh Nagar, Uttarakhand | Interim or miscellaneous application | Filed against the company by M/S Shriram Finance Limited | Pending |
| High Court of Delhi | Arbitration matter | Filed by the company against CNH Industrial India Pvt. Ltd | Disposed |
| District court, Moradabad, Uttar Pradesh | Arbitration matter | Filed against the company by M/S Bajajfinance Limited | Disposed |
| High Court, TAMIL NADU | Appeal | Filed by the company against Ashok Leyland Limited, | Disposed |
| District court, Cuttack, Odisha | Court case (C.S.(i)) | Filed by the company against Auto Tractors Ltd | Disposed |
To see the full case history of Bharat Motors 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 Bharat Motors Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Bharat Motors Limited has a workforce of 81 employees on its EPFO records as of Mar 25, 2024, across 1 active EPFO establishment.
Employee count
81
Active EPFO establishments
1
Employee growth
6.58%
GST
Bharat Motors has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AABCB3581B1ZE | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bharat Motors Limited, buy the company report.
Recent activity
Bharat Motors Limited has 18 board changes on record since 1996: 7 appointments and 11 cessations. The latest: Dev Prakash Didwania was appointed as Additional Director on 23 Dec 2025.
Appointed
Dev Prakash Didwania was appointed as Additional Director.
Charges
A charge with Others amounted to Rs. 100.00 Cr with Charge ID 101174543 was registered on 16 Oct 2025.
Charges
A charge registered on 03 Dec 2021 via Charge ID 100508281 with Canara Bank was fully satisfied on 08 May 2025.
Charges
A charge registered on 16 Aug 2021 via Charge ID 100478792 with Canara Bank was fully satisfied on 07 May 2025.
Charges
A charge registered on 19 Mar 2024 via Charge ID 100895876 with Others was fully satisfied on 04 Nov 2024.
AGM
Bharat Motors Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Simi Devi Khemka ceased to be Director.
Filing
Bharat Motors Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.
Charges
A charge with Others amounted to Rs. 17.10 Cr with Charge ID 100895876 was registered on 19 Mar 2024.
Charges
A charge registered on 01 Jun 2021 via Charge ID 100451328 with Axis Bank Limited was fully satisfied on 01 Nov 2022.
Ceased
Om Prakash Didwania ceased to be Additional Director.
Charges
A charge registered on 20 Jun 2019 via Charge ID 100272278 with Tata Capital Financial Services Limited was fully satisfied on 20 Jul 2022.
108 earlier events are in the company report.
Frequently asked questions
Bharat Motors is an active public limited company based in Bhubaneswar, Odisha, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 19 October 1995 (31+ years old) and is registered under CIN U50102OR1995PLC004182.
Bharat Motors has 7 current directors:
- Bina Didwania - Whole-Time Director
- Aditya Vikram Didwania - Whole-Time Director
- Om Prakash Didwania - Director
- Harsh Vardhan Didwania - Director
- Prasant Kumar Pattnaik - Director
- Dev Prakash Didwania - Additional Director
- Kaushal Dalmia - Director
The latest financial statements of Bharat 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 Bharat Motors is 21AABCB3581B1ZE, registered in Odisha.
The CIN (Corporate Identification Number) of Bharat Motors is U50102OR1995PLC004182. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bharat Motors has 39 court cases on record: 29 filed by the company and 10 filed against it. 4 are pending. Most are in the high courts.
Bharat Motors was incorporated on 19 October 1995, making it 31+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Bharat Motors by revenue are Ganpati Tradecom Private Limited, Raigarh Automobiles Private Limited, Kapil Automotives and Trading Private Limited, Devdeva Automobile Private Limited, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).
Dev Prakash Didwania was appointed as Additional Director on 23 Dec 2025. Simi Devi Khemka ceased to be Director on 20 Jul 2024. Om Prakash Didwania ceased to be Additional Director on 02 Sep 2022. Bharat Motors has 18 board changes on record in total.
Yes, Bharat Motors is registered as a medium enterprise under Udyam registration (number: UDYAM-OD-19-0003103).
Bharat Motors can be reached through the website bharats.in. Its registered office is in Bhubaneswar, Odisha, India.
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