Jaswal Cycles Private Limited

Jaswal Cycles Private Limited - automotive in Punjab, India. FY 2026 financials & compliance.
CIN U35929PB1995PTC016978 Incorporated 30 August 1995 ROC Chandigarh HQ Punjab, India
Active Private Limited Company automotive MSME · Small
Data last updated
Revenue · FY 2025
₹6.92 Cr
▼ 12% YoY
Net profit · FY 2025
₹68.09 Lakh
Net margin 9.8%
EBITDA · FY 2025
₹95.98 Lakh
EBITDA margin 13.9%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹28.23 Lakh
Issued & subscribed
Satisfied charges
₹2.35 Cr
No open charges
Company age
31 yrs
Est. 1995
Employees · EPFO
17
Provident fund records

About Jaswal Cycles Private Limited

Data last updated:

Jaswal Cycles Private Limited is a private limited company based in Punjab, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 30 August 1995 and has been in existence for over 31 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U35929PB1995PTC016978. Its GSTIN is 03AAACJ4164H1ZW (Punjab).

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹28.23 Lakh. It is led by directors including Harvinder Singh Jaswal and Jatinder Kaur Jaswal.

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 C 100 Phase Vfocal Point Ludhiana, Punjab, India.

As per the financials filed for FY 2025, the company reported a revenue of ₹6.92 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹68.09 Lakh (net margin 9.8%) and EBITDA of ₹95.98 Lakh (EBITDA margin 13.9%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 14% over five years.

The company has about 17 employees on its provident fund (EPFO) records.

As per MCA filings, the company has satisfied charges of ₹2.35 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company.

Jaswal Cycles Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0011718). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U35929PB1995PTC016978
Registration Number 016978
Incorporation Date 30 August 1995
ROC Chandigarh
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 Small
Udyam Registration UDYAM-PB-12-0011718
Key People
Harvinder Singh Jaswal Director Jatinder Kaur Jaswal Director Tarvinder Singh Director

Recognitions & Rankings of Jaswal Cycles

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-PB-12-0011718

Contact details

Jaswal Cycles Private Limited's registered office is in Punjab. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    C 100 Phase Vfocal Point Ludhiana, Punjab, India
  • Industry
    Automotive, Auto Parts & Components

To see the full contact details of Jaswal Cycles Private Limited, buy the company report.

Comprehensive company report
Jaswal Cycles 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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Business activity

The main business activity of Jaswal Cycles is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of Jaswal Cycles Private Limited, buy the company report.

Financials of Jaswal Cycles Private Limited

FY 2024 filings available

Jaswal Cycles Private Limited reported revenue of ₹6.92 Cr (down 12% YoY) for FY 2025.

Revenue · FY 2025
₹6.92 Cr ▼ 12%
Net profit · FY 2025
₹68.09 Lakh margin 9.8%
EBITDA · FY 2025
₹95.98 Lakh margin 13.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 12%
3 years · compounded
▼ 5%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▼ 47%
3 years · compounded
▲ 63%
5 years · compounded
▲ 26%

Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA fell 47% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹95.98 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹68.09 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin13.9%
Net Profit Margin9.8%
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 Jaswal Cycles Private Limited, buy the company report.

Board of directors of Jaswal Cycles Private Limited

Jaswal Cycles has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Harvinder Singh JaswalDirector11 Sep 20179 Years 1 MonthsCurrent
Jatinder Kaur JaswalDirector21 Mar 201610 Years 7 MonthsCurrent
Tarvinder SinghDirector30 Aug 199531 Years 2 MonthsCurrent
View all directors

Auditor

Jaswal Cycles Private Limited is audited by GUPTA VIGG & CO. for the financial year 2022.

Auditor firmFinancial yearFirm registration number
GUPTA VIGG & CO.FY 2022001393N

Shareholding

The shareholding of Jaswal Cycles Private 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 categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Jaswal Cycles Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹2.35 Cr
Breakdown by lending institutions
Union Bank of India₹2.35 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
17 Jul 200910167007Union Bank of India₹6 LakhSatisfied
21 Jan 199990169166Union Bank of India₹2 LakhSatisfied
17 Dec 199790168990Union Bank of India₹3.8 LakhSatisfied
14 Nov 199690168868Union Bank of India₹10 LakhSatisfied
08 Jan 199690167407Union Bank of India₹2 LakhSatisfied

To see the full charge records of Jaswal Cycles Private Limited, buy the company report.

Total charge records: 7 View all charges

MSME payment delays

Jaswal Cycles Private Limited has 8 MSME Form 1 returns on record between 2019 and 2022, listing 86 overdue payments to 14 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 14)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
an individual supplier
an individual supplier
an individual supplier

To see the full MSME payment records of Jaswal Cycles Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Jaswal Cycles Private Limited has a workforce of 17 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.

Employee count
17
Active EPFO establishments
1
Employee growth
-26.09%

GST

Jaswal Cycles has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
03AAACJ4164H1ZWPunjabActive01 Jul 2017

To see the full GST registrations and return filing status of Jaswal Cycles Private Limited, buy the company report.

Recent activity

Jaswal Cycles Private Limited has 5 board changes on record since 1995: 3 appointments and 2 cessations. The latest: Harvinder Singh Jaswal ceased to be Additional Director on 29 Sep 2018.

AGM
Jaswal Cycles Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Jaswal Cycles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
Ceased
Harvinder Singh Jaswal ceased to be Additional Director.
Charges
A charge registered on 17 Jul 2009 via Charge ID 10167007 with Union Bank Of India was fully satisfied on 27 Sep 2018.
Charges
A charge registered on 21 Jan 1999 via Charge ID 90169166 with Union Bank Of India was fully satisfied on 27 Sep 2018.
Charges
A charge registered on 17 Dec 1997 via Charge ID 90168990 with Union Bank Of India was fully satisfied on 27 Sep 2018.
Charges
A charge registered on 14 Nov 1996 via Charge ID 90168868 with Union Bank Of India was fully satisfied on 27 Sep 2018.
Charges
A charge registered on 08 Jan 1996 via Charge ID 90167367 with Union Bank Of India was fully satisfied on 27 Sep 2018.
Charges
A charge registered on 08 Jan 1996 via Charge ID 90167407 with Union Bank Of India was fully satisfied on 27 Sep 2018.
Charges
A charge registered on 08 Jan 1996 via Charge ID 90168794 with Union Bank Of India was fully satisfied on 27 Sep 2018.
Ceased
Prem Kaur Jaswal ceased to be Director.
Appointed
Harvinder Singh Jaswal was appointed as Director.

13 earlier events are in the company report.

Frequently asked questions

Jaswal Cycles is an active private limited company based in Punjab, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 30 August 1995 (31+ years old) and is registered under CIN U35929PB1995PTC016978.

Jaswal Cycles has 3 current directors:

The latest financial statements of Jaswal Cycles 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 Jaswal Cycles is 03AAACJ4164H1ZW, registered in Punjab.

The CIN (Corporate Identification Number) of Jaswal Cycles is U35929PB1995PTC016978. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Jaswal Cycles has 4 court cases on record: 4 filed by the company. Most are in the district courts.

Jaswal Cycles was incorporated on 30 August 1995, making it 31+ years old. It is registered with the Registrar of Companies, Chandigarh.

Harvinder Singh Jaswal ceased to be Additional Director on 29 Sep 2018. Prem Kaur Jaswal ceased to be Director on 25 Sep 2017. Harvinder Singh Jaswal was appointed as Director on 11 Sep 2017. Jaswal Cycles has 5 board changes on record in total.

Yes, Jaswal Cycles is registered as a small enterprise under Udyam registration (number: UDYAM-PB-12-0011718).

Jaswal Cycles has 8 MSME Form 1 returns on record between 2019 and 2022, listing 86 overdue payments to 14 micro and small suppliers. The latest return was filed on 23 Oct 2022.

The registered office of Jaswal Cycles is at C 100 Phase Vfocal Point Ludhiana, Punjab, India.