Mysore Drives Private Limited
About Mysore Drives Private Limited
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Mysore Drives Private Limited is a private limited company based in Mysore., Karnataka, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 06 February 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1989PTC009824. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹11.81 Lakh. It is led by directors Tumkur Shivakumar Diwakar and Arjun Diwakar.
Its last annual general meeting (AGM) was held on 30 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Plot No. 91 Mogarahallimysore – Krs Road Belagola Post Mysore. Karnataka., Karnataka, India – 571438.
As per the financials filed for FY 2020, the company reported a revenue of ₹2.15 Lakh. For the same year it recorded a net loss of ₹16.88 Lakh and EBITDA of -₹17.36 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 60% over three years and 23% over five years.
As per MCA filings, the company has open charges of ₹55.6 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mysore Drives Private Limited's registered office is in Mysore. Karnataka, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. 91 Mogarahallimysore – Krs Road Belagola Post Mysore. Karnataka., Karnataka, India – 571438
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Mysore Drives 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 Mysore Drives is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Mysore Drives Private Limited, buy the company report.
Financials of Mysore Drives Private Limited
FY 2020 filings availableMysore Drives Private Limited reported revenue of ₹2.15 Lakh for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 23% over five years. 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.15 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹17.36 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹16.88 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Mysore Drives Private Limited, buy the company report.
Board of directors of Mysore Drives Private Limited
Mysore Drives has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tumkur Shivakumar Diwakar | Director | 18 Jul 2016 | 10 Years 3 Months | Current |
| Arjun Diwakar | Director | 18 Jul 2016 | 10 Years 3 Months | Current |
Auditor
Mysore Drives Private Limited is audited by JANARDHAN & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JANARDHAN & CO | FY 2018 | 007795S |
Shareholding
The shareholding of Mysore Drives Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Mysore Drives Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Mar 1989 | 90190418 | Ksfc | ₹55.6 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Mysore Drives Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mysore Drives Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mysore Drives has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Mysore Drives Private Limited, buy the company report.
Recent activity
Mysore Drives Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Manoj Nahata ceased to be Director on 19 Jul 2016.
Frequently asked questions
Mysore Drives is an active private limited company based in Mysore, Karnataka, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 06 February 1989 (37+ years old) and is registered under CIN U85110KA1989PTC009824.
Mysore Drives has 2 current directors:
- Tumkur Shivakumar Diwakar - Director
- Arjun Diwakar - Director
The latest financial statements of Mysore Drives on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 December 2020. Year-wise statements from 2015 are in the company report.
No. Mysore Drives has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Mysore Drives is U85110KA1989PTC009824. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mysore Drives was incorporated on 06 February 1989, making it 37+ years old. It is registered with the Registrar of Companies, Bangalore.
Manoj Nahata ceased to be Director on 19 Jul 2016. Tarun Nahata ceased to be Director on 19 Jul 2016. Arjun Diwakar was appointed as Director on 18 Jul 2016. Mysore Drives has 4 board changes on record in total.
The registered office of Mysore Drives is at Plot No. 91 Mogarahallimysore – Krs Road Belagola Post Mysore. Karnataka., Karnataka, India – 571438.
Mysore Drives operates in the automotive industry, in the auto parts and components segment.
Mysore Drives has open charges of ₹55.6 Lakh and no satisfied charges on record as per latest MCA filings.