National Garage Private Limited
About National Garage Private Limited
Data last updated:
National Garage Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the automobile dealership and trading segment of the automotive sector. It was incorporated on 02 October 1946.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH1946PTC005232. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.5 Cr. It was led by directors including Devaushi Mayank Merchant and Mayank Mahendra Merchant.
Its last annual general meeting (AGM) was held on 19 July 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at National Garage Building 11 – Bhulabhai Desai Road, Mumbai, Maharashtra, India – 400026.
As per the financials filed for FY 2016, the company reported a revenue of ₹40.57 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹65.32 Lakh (net margin -161%) and EBITDA of -₹15.2 Lakh (EBITDA margin -37.5%).
As per MCA filings, the company has satisfied charges of ₹12 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it.
Company details
Contact details
National Garage Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNational Garage Building 11 – Bhulabhai Desai Road, Mumbai, Maharashtra, India – 400026
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of National Garage 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 activities of National Garage are support service to organizations and trade. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of National Garage Private Limited, buy the company report.
Financials of National Garage Private Limited
FY 2016 filings availableNational Garage Private Limited reported revenue of ₹40.57 Lakh (up 155% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 155% in the latest year. EBITDA fell 6% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹40.57 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹15.2 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹65.32 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -37.5% | |
| Net Profit Margin | -161% | |
| 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 National Garage Private Limited, buy the company report.
Board of directors of National Garage Private Limited
National Garage has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devaushi Mayank Merchant Also directs: Autostrada Motors Private Limited, Mayank Holdings Private Limited | Director | 25 Sep 2014 | 12 Years 1 Months | As last reported |
| Mayank Mahendra Merchant | Director | 27 Mar 1986 | 40 Years 7 Months | As last reported |
| Jagdish Mukund Merchant Also directs: National Garage LLP, Autocruise National Garage LLP, Mathuradas Ventures LLP and 1 more | Director | 01 Jul 2000 | 26 Years 4 Months | As last reported |
| Kokila Mukund Merchant | Director | 15 Jan 2013 | 13 Years 9 Months | As last reported |
Auditor
National Garage Private Limited is audited by M.B.PATEL & Co. for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M.B.PATEL & Co. | FY 2016 | 030772 |
Shareholding
The shareholding of National Garage Private Limited is on record for FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of National Garage Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Oct 1999 | 80026346 | Bank of India | ₹12 Cr | Satisfied |
To see the full charge records of National Garage Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
National Garage Private Limited has 3 court cases on record: 1 filed by National Garage, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Central Bank of India | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (Mis.Apln. N) | Filed against the company by an individual | Disposed |
| High Court of Madhya Pradesh | Writ petition | Filed by the company against The State of M.P. | Disposed |
To see the full case history of National Garage Private 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 National Garage Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
National Garage has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of National Garage Private Limited, buy the company report.
Recent activity
National Garage Private Limited has 7 board changes on record since 1986: 4 appointments and 3 cessations. The latest: Devaushi Mayank Merchant was appointed as Director on 25 Sep 2014.
1 earlier event is in the company report.
Frequently asked questions
National Garage has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
National Garage was a private limited company based in Mumbai, Maharashtra, India. The company worked in auto dealership and trading, within the automotive industry. It was incorporated on 02 October 1946 and is registered under CIN U74999MH1946PTC005232. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of National Garage is U74999MH1946PTC005232. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
National Garage had 4 directors:
- Devaushi Mayank Merchant - Director
- Mayank Mahendra Merchant - Director
- Jagdish Mukund Merchant - Director
- Kokila Mukund Merchant - Director
National Garage was incorporated on 02 October 1946. It is registered with the Registrar of Companies, Mumbai.
The registered office of National Garage is at National Garage Building 11 – Bhulabhai Desai Road, Mumbai, Maharashtra, India – 400026.
The latest financial statements of National Garage on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 19 July 2016. Year-wise statements from 2015 are in the company report.
No. National Garage has 2 GST registrations on record and all of them are cancelled or inactive.
National Garage operated in the automotive industry, in the auto dealership and trading segment.
National Garage has 3 court cases on record: 1 filed by the company and 2 filed against it. Most are in the district courts.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
