MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-PB-10-0001913
Speedways Tyre Limited - automotive in Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹153.69 Cr
▲ 8% YoY
Net profit · FY 2025
₹7.59 Cr
Net margin 4.9%
EBITDA · FY 2025
₹12.01 Cr
EBITDA margin 7.8%
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹2.16 Cr
Issued & subscribed
Open charges
₹90 Lakh
Secured borrowings
Company age
42 yrs
Est. 1984
Employees · EPFO
348
Provident fund records
About Speedways Tyre Limited
Data last updated:
Speedways Tyre Limited is a public limited company based in Punjab, India. It operates in the bicycle mfg and retail segment of the automotive sector. It was incorporated on 26 October 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U25111PB1984PLC005994. Its GSTIN is 03AAECS1423J1ZQ (Punjab). The company holds 14 GST registrations, of which 12 are active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.16 Cr. It is led by directors including Arvinder Singh (Managing Director) and Sahil Sodhi.
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 Suchi Pind Bye Passg T Road Jalandhar, Punjab, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹153.69 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹7.59 Cr (net margin 4.9%) and EBITDA of ₹12.01 Cr (EBITDA margin 7.8%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 10% over five years.
The company has about 348 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹90 Lakh on record. Court records list 20 cases involving the company, including 19 filed by the company and 1 filed against it; 1 case is pending.
Speedways Tyre Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-10-0001913). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website speedways.co.in.
Company details
CIN U25111PB1984PLC005994
Registration Number 005994
Incorporation Date 26 October 1984
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 Medium
Udyam Registration UDYAM-PB-10-0001913
CIN history
Speedways Tyre has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U25111PB1984PLC005994, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25111PB1984PLC005994 | Current |
| U25111PB1992PLC005994 | Previous |
| U25111PB1992PTC005994 | Previous |
Recognitions & Rankings of Speedways Tyre
Contact details
Speedways Tyre Limited's registered office is in Punjab. Its website is speedways.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSuchi Pind Bye Passg T Road Jalandhar, Punjab, India
- IndustryAutomotive, Bicycle Mfg & Retail
To see the full contact details of Speedways Tyre Limited, buy the company report.
Comprehensive company report
Speedways Tyre 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 Speedways Tyre is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Speedways Tyre Limited, buy the company report.
Financials of Speedways Tyre Limited
FY 2024 filings availableSpeedways Tyre Limited reported revenue of ₹153.69 Cr (up 8% YoY) for FY 2025.
Revenue · FY 2025
₹153.69 Cr ▲ 8%
Net profit · FY 2025
₹7.59 Cr margin 4.9%
EBITDA · FY 2025
₹12.01 Cr margin 7.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 8%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 17%
5 years · compounded
▲ 13%
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 8% growth in the latest year. EBITDA rose 21% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹12.01 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.59 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Inventories | |||||
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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 | 7.8% | ||||
| Net Profit Margin | 4.9% | ||||
| 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 Speedways Tyre Limited, buy the company report.
Board of directors of Speedways Tyre Limited
Speedways Tyre has 5 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sahil Sodhi Also directs: Fabkaari Hub LLP, Starlight Global Services Private Limited | Director | 01 Aug 2022 | 4 Years 3 Months | Current |
| Prabhjot Kaur | Director | 19 Jun 1992 | 34 Years 4 Months | Current |
| Arvinder Singh | Managing Director | 20 Dec 2005 | 20 Years 10 Months | Current |
| Sumit Gandhi Also directs: Habitare Developers LLP, Habitare Infra Developers Private Limited | Director | 01 Aug 2022 | 4 Years 3 Months | Current |
| Jaspreet Singh | Director | 16 Sep 2005 | 21 Years 1 Months | Current |
Auditor
Speedways Tyre Limited is audited by G.S.SYAL & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G.S.SYAL & CO. | FY 2023 | 00457N |
Shareholding
The shareholding of Speedways Tyre 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Speedways Tyre Limited, buy the company report.
Charges & borrowings
Open charges
₹90 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 May 2024 | 100938027 | Others | ₹90 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Speedways Tyre Limited has 20 court cases on record: 19 filed by Speedways Tyre, 1 filed against it. 1 case is pending and 19 are disposed.
Total cases
20
Filed by the company
19
Filed against the company
1
Pending
1
Disposed
19
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 19 | 1 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jalandhar, Punjab | Civil suit | Filed by the company against Ms Dunlop Auto Tyres Pvt. Ltd. and 1 other | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Jalandhar, Punjab | Motor accident claim | Filed against the company by individuals | Disposed |
| District court, Jalandhar, Punjab | Cheque dishonour complaint | Filed by the company against individuals | Disposed |
| District court, Jalandhar, Punjab | Cheque dishonour complaint | Filed by the company against Delhi Cycle Traders | Disposed |
To see the full case history of Speedways Tyre 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 Speedways Tyre Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Speedways Tyre Limited has a workforce of 348 employees on its EPFO records as of Aug 16, 2024, across 1 active EPFO establishment.
Employee count
348
Active EPFO establishments
1
Employee growth
-13.65%
GST
Speedways Tyre has 14 GST registrations: 12 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
14
Active
12
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAECS1423J1ZQ | Punjab | Active | 01 Jul 2017 |
| 06AAECS1423J1ZK | Haryana | Active | 01 Jul 2017 |
| 09AAECS1423J1ZE | Uttar Pradesh | Active | 01 Jul 2017 |
| 10AAECS1423J1ZV | Bihar | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Speedways Tyre Limited, buy the company report.
Recent activity
Speedways Tyre Limited has 5 board changes on record since 1992: 5 appointments. The latest: Sahil Sodhi was appointed as Director on 01 Aug 2022.
AGM
Speedways Tyre 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. 0.90 Cr with Charge ID 100938027 was registered on 29 May 2024.
Filing
Speedways Tyre Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
Appointed
Sahil Sodhi was appointed as Director.
Appointed
Sumit Gandhi was appointed as Director.
Appointed
Arvinder Singh was appointed as Managing Director.
Appointed
Jaspreet Singh was appointed as Director.
Appointed
Prabhjot Kaur was appointed as Director.
Incorporation
26 Oct 1984
Speedways Tyre Limited was registered on 26 Oct 1984 with Roc Chandigarh & aged 42 years 11 days as per MCA records.
Frequently asked questions
Speedways Tyre is an active public limited company based in Punjab, India. The company works in bicycle mfg and retail, within the automotive industry. It was incorporated on 26 October 1984 (42+ years old) and is registered under CIN U25111PB1984PLC005994.
Speedways Tyre has 5 current directors:
- Arvinder Singh - Managing Director
- Sahil Sodhi - Director
- Prabhjot Kaur - Director
- Sumit Gandhi - Director
- Jaspreet Singh - Director
The latest financial statements of Speedways Tyre 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 Speedways Tyre is 03AAECS1423J1ZQ, registered in Punjab. The company has 14 GST registrations in all, of which 12 are active and 2 are cancelled or inactive. Other active GSTINs include 06AAECS1423J1ZK (Haryana), 09AAECS1423J1ZE (Uttar Pradesh), 10AAECS1423J1ZV (Bihar).
The CIN (Corporate Identification Number) of Speedways Tyre is U25111PB1984PLC005994. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Speedways Tyre has 20 court cases on record: 19 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Speedways Tyre was incorporated on 26 October 1984, making it 42+ years old. It is registered with the Registrar of Companies, Chandigarh.
Sahil Sodhi was appointed as Director on 01 Aug 2022. Sumit Gandhi was appointed as Director on 01 Aug 2022. Arvinder Singh was appointed as Managing Director on 20 Dec 2005. Speedways Tyre has 5 board changes on record in total.
Yes, Speedways Tyre is registered as a medium enterprise under Udyam registration (number: UDYAM-PB-10-0001913).
Speedways Tyre can be reached through the website speedways.co.in. Its registered office is in Punjab, India.
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