Vertax Motor Private Limited

Vertax Motor Private Limited - automotive in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U50100DL2012PTC243756 Incorporated 17 October 2012 ROC Delhi HQ New Delhi, Delhi, India
Active Private Limited Company automotive MSME · Micro
Data last updated
Revenue · FY 2022
₹29.67 Lakh
▼ 60% YoY
Net loss · FY 2022
₹5.7 Lakh
Net margin -19.2%
EBITDA · FY 2022
₹35,468
EBITDA margin 1.2%
Authorised capital
₹41 Lakh
Registered with MCA
Paid-up capital
₹41 Lakh
Issued & subscribed
Satisfied charges
₹15 Lakh
No open charges
Company age
14 yrs
Est. 2012
Directors on board
2
As per MCA filings

About Vertax Motor Private Limited

Data last updated:

Vertax Motor Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 17 October 2012 and has been in existence for over 14 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U50100DL2012PTC243756. Its GSTIN is 09AAECV2217K2Z6 (Uttar Pradesh). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹41 Lakh and a paid-up capital of ₹41 Lakh. It is led by directors Raj Kumar and Dinesh Kumar Kasana.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at C – 467 Basement, C R Park, New Delhi, Delhi, India – 110019.

As per the financials filed for FY 2022, the company reported a revenue of ₹29.67 Lakh, a decline of 60% compared to the previous year. For the same year it recorded a net loss of ₹5.7 Lakh (net margin -19.2%) and EBITDA of ₹35,468 (EBITDA margin 1.2%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years and 15% over five years.

As per MCA filings, the company has satisfied charges of ₹15 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.

Vertax Motor Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-28-0011073). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vertaxhyundai.com.

Company details

CIN U50100DL2012PTC243756
Registration Number 243756
Incorporation Date 17 October 2012
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-UP-28-0011073
Key People
Raj Kumar Director Dinesh Kumar Kasana Director

Recognitions & Rankings of Vertax Motor

MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-UP-28-0011073

Contact details

Vertax Motor Private Limited's registered office is in New Delhi, Delhi. Its website is vertaxhyundai.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    vertaxhyundai.com
  • Social Media
  • Registered Address
    C – 467 Basement, C R Park, New Delhi, Delhi, India – 110019
  • Industry
    Automotive, Auto Dealership & Trading

To see the full contact details of Vertax Motor Private Limited, buy the company report.

Comprehensive company report
Vertax Motor 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 Vertax Motor is support service to organizations. In detail, this covers other support services to organizations.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN7Other support services to organizations

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

Financials of Vertax Motor Private Limited

FY 2023 filings available

Vertax Motor Private Limited reported revenue of ₹29.67 Lakh (down 60% YoY) for FY 2022.

Revenue · FY 2022
₹29.67 Lakh ▼ 60%
Net loss · FY 2022
₹5.7 Lakh margin -19.2%
EBITDA · FY 2022
₹35,468 margin 1.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 60%
3 years · compounded
▼ 19%
5 years · compounded
▼ 15%
EBITDA CAGR growth
1 year
▼ 95%
3 years · compounded
▼ 63%
5 years · compounded
▼ 50%

Revenue has declined at a compounded annual rate (CAGR) of 15% over five years, including a 60% fall in the latest year. EBITDA fell 95% 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 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹29.67 Lakh
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹35,468
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹5.7 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 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin1.2%
Net Profit Margin-19.2%
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 Vertax Motor Private Limited, buy the company report.

Board of directors of Vertax Motor Private Limited

Vertax Motor has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Raj KumarDirector17 Nov 20232 Years 11 MonthsCurrent
Dinesh Kumar KasanaDirector17 Oct 201214 Years 0 MonthsCurrent
View all directors

Auditor

Vertax Motor Private Limited is audited by HARSH SINGHAL & ASSOCIATES for the financial year 2022.

Auditor firmFinancial yearFirm registration number
HARSH SINGHAL & ASSOCIATESFY 2022020122C

Shareholding

The shareholding of Vertax Motor Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Vertax Motor Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹15 Lakh
Breakdown by lending institutions
Others₹0.15 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Jun 2016100040277Others₹6 LakhSatisfied
30 Jun 2016100040278Others₹9 LakhSatisfied

To see the full charge records of Vertax Motor Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Vertax Motor Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Vertax Motor has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
09AAECV2217K2Z6Uttar PradeshActive26 Jun 2019

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

Recent activity

Vertax Motor Private Limited has 7 board changes on record since 2012: 2 appointments and 5 cessations. The latest: Anurag Nagar ceased to be Director on 17 Nov 2023.

Ceased
Anurag Nagar ceased to be Director.
Appointed
Raj Kumar was appointed as Director.
AGM
Vertax Motor Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Vertax Motor Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi I.
Charges
A charge registered on 30 Jun 2016 via Charge ID 100040277 with Others was fully satisfied on 05 Apr 2022.
Charges
A charge registered on 30 Jun 2016 via Charge ID 100040278 with Others was fully satisfied on 05 Apr 2022.
Ceased
Dinesh Kumar ceased to be Additional Director.
Ceased
Manoj Kumar ceased to be Additional Director.
Ceased
Jitendera Singh ceased to be Director.
Charges
A charge with Others amounted to Rs. 6.00 Lakh with Charge ID 100040277 was registered on 30 Jun 2016.
Charges
A charge with Others amounted to Rs. 9.00 Lakh with Charge ID 100040278 was registered on 30 Jun 2016.
Ceased
Pratap ceased to be Additional Director.

2 earlier events are in the company report.

Frequently asked questions

Vertax Motor is an active private limited company based in New Delhi, Delhi, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 17 October 2012 (14+ years old) and is registered under CIN U50100DL2012PTC243756.

Vertax Motor has 2 current directors:

The latest financial statements of Vertax Motor on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.

The GSTIN of Vertax Motor is 09AAECV2217K2Z6, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Vertax Motor is U50100DL2012PTC243756. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Vertax Motor has 1 court case on record: 1 filed against it.

Vertax Motor was incorporated on 17 October 2012, making it 14+ years old. It is registered with the Registrar of Companies, Delhi.

Anurag Nagar ceased to be Director on 17 Nov 2023. Raj Kumar was appointed as Director on 17 Nov 2023. Dinesh Kumar ceased to be Additional Director on 13 Mar 2019. Vertax Motor has 7 board changes on record in total.

Yes, Vertax Motor is registered as a micro enterprise under Udyam registration (number: UDYAM-UP-28-0011073).

Vertax Motor can be reached through the website vertaxhyundai.com. Its registered office is in New Delhi, Delhi, India.