- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-09-0002585

About Navkar Wheels Private Limited
Data last updated:
Navkar Wheels Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 27 May 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2013PTC243668. Its GSTIN is 27AAECN3479K1ZZ (Maharashtra).
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹3.5 Cr. It is led by directors including Prashant Punamchand Jain and Ashish Ashok Jain.
Its last annual general meeting (AGM) was held on 21 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 801 Tridev Apartments Bhakti Marg Mulund (W), Mumbai, Maharashtra, India – 400080.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.44 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹52.36 Lakh (net margin 15.2%) and EBITDA of ₹1.18 Cr (EBITDA margin 34.2%). Revenue has declined at a compounded annual rate (CAGR) of 38% over three years and 28% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹91.7 Lakh and satisfied charges of ₹3.25 Cr on record. The company has 2 deals on record (2 secondary share transfers); the latest was in September 2016.
Navkar Wheels Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-09-0002585). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website navkarford.com.
Company details
Recognitions & Rankings of Navkar Wheels
Contact details
Navkar Wheels Private Limited's registered office is in Mumbai, Maharashtra. Its website is navkarford.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 801 Tridev Apartments Bhakti Marg Mulund (W), Mumbai, Maharashtra, India – 400080
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Navkar Wheels 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 Navkar Wheels is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale and retail trade and repair of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 45 | Wholesale and retail trade and repair of motor vehicles and motorcycles |
To see the full business activity and turnover split of Navkar Wheels Private Limited, buy the company report.
Financials of Navkar Wheels Private Limited
FY 2025 filings availableNavkar Wheels Private Limited reported revenue of ₹3.44 Cr (down 16% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 28% over five years, including a 16% fall in the latest year. EBITDA fell 23% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.18 Cr | ||||
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| Net Profit (PAT) | ₹52.36 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 34.2% | ||||
| Net Profit Margin | 15.2% | ||||
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To see the full financial statements and ratios of Navkar Wheels Private Limited, buy the company report.
Board of directors of Navkar Wheels Private Limited
Navkar Wheels has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prashant Punamchand Jain | Director | 27 May 2013 | 13 Years 5 Months | Current |
| Ashish Ashok Jain | Director | 27 May 2013 | 13 Years 5 Months | Current |
| Hitesh Kantilal Chaudhari | Director | 27 May 2013 | 13 Years 5 Months | Current |
| Rajendra Walchand Chaudhari Also directs: Anavdesh Foods Private Limited | Director | 27 May 2013 | 13 Years 5 Months | Current |
Auditor
Navkar Wheels Private Limited is audited by Chandrashekhar J. Mehta & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Chandrashekhar J. Mehta & Co. | FY 2022 | 113615W |
Shareholding
The shareholding of Navkar Wheels Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Navkar Wheels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Mar 2017 | 100109975 | Others | ₹41.7 Lakh | Open | |
| 06 Feb 2014 | 10480644 | Punjab National Bank | ₹50 Lakh | Open | |
| 07 Jun 2021 | 100457612 | Hdfc Bank Limited | ₹1.5 Cr | Satisfied | |
| 06 Feb 2014 | 10480646 | Punjab National Bank | ₹1.75 Cr | Satisfied |
To see the full charge records of Navkar Wheels Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Navkar Wheels Private Limited has 2 deals on record (2 secondary share transfers); the latest was in September 2016.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2016 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Kalpesh Cable Industries Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Navkar Wheels Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Navkar Wheels Private Limited was last rated by Crisil on 22 Oct 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 22 Oct 2020 |
To see the full credit ratings and regulatory alerts of Navkar Wheels Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Navkar Wheels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Navkar Wheels Private Limited has a workforce of 9 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Navkar Wheels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECN3479K1ZZ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Navkar Wheels Private Limited, buy the company report.
Recent activity
Navkar Wheels Private Limited has 4 board changes on record since 2013: 4 appointments. The latest: Ashish Ashok Jain was appointed as Director on 27 May 2013.
1 earlier event is in the company report.
Frequently asked questions
Navkar Wheels is an active private limited company based in Mumbai, Maharashtra, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 27 May 2013 (13+ years old) and is registered under CIN U74120MH2013PTC243668.
Navkar Wheels has 4 current directors:
- Prashant Punamchand Jain - Director
- Ashish Ashok Jain - Director
- Hitesh Kantilal Chaudhari - Director
- Rajendra Walchand Chaudhari - Director
The latest financial statements of Navkar Wheels on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 21 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Navkar Wheels is 27AAECN3479K1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Navkar Wheels is U74120MH2013PTC243668. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Navkar Wheels was incorporated on 27 May 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
Navkar Wheels has 2 deals on record (2 secondary share transfers); the latest was in September 2016.
Ashish Ashok Jain was appointed as Director on 27 May 2013. Hitesh Kantilal Chaudhari was appointed as Director on 27 May 2013. Prashant Punamchand Jain was appointed as Director on 27 May 2013. Navkar Wheels has 4 board changes on record in total.
Yes, Navkar Wheels is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-09-0002585).
Navkar Wheels can be reached through the website navkarford.com. Its registered office is in Mumbai, Maharashtra, India.

