Niran Motors Private Limited
About Niran Motors Private Limited
Data last updated:
Niran Motors Private Limited is a private limited company based in Mangalore, Karnataka, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 29 October 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U35900KA2018PTC118076. Its GSTIN is 29AAGCN2668A1ZH (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Nihal Shetty (Managing Director) and Shrey Sharma.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at D No F – 14/Ba – 157/2017 – 18 Ground Floor Bangra Kuloor, Mangalore, Karnataka, India – 575012.
As per the financials filed for FY 2025, the company reported a revenue of ₹30.95 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹29.86 Lakh (net margin 1%) and EBITDA of ₹99.56 Lakh (EBITDA margin 3.2%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 30% over five years.
The company has about 70 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Royal Enfield. As per MCA filings, the company has open charges of ₹3.5 Cr and satisfied charges of ₹3.04 Cr on record.
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- WebsiteLocked
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- Registered AddressD No F – 14/Ba – 157/2017 – 18 Ground Floor Bangra Kuloor, Mangalore, Karnataka, India – 575012
- IndustryAutomotive, Auto Dealership & Trading
- 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
- One PDF report, delivered after checkout
Business Activity of Niran Motors Private Limited
The main business activity of Niran Motors is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Niran Motors Private Limited FY 2025 filings available
Niran Motors Private Limited reported revenue of ₹30.95 Cr (down 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Niran Motors Private Limited
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 30%. EBITDA rose 7% 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 of Niran Motors Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹99.56 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹29.86 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 of Niran Motors Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Niran Motors are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Niran Motors Private Limited
Niran Motors Private Limited is compared with the companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Thar Automobiles Private Limited | ₹31.17 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Delhi, India |
| Mundra Automobiles Private Limited | ₹31.16 Cr (FY 2023) | •••• | •••• | 29.0% | •••• | Kota, Rajasthan, India |
| NDG Motors Private Limited | ₹31.14 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Jamshedpur, Jharkhand, India |
| Grander Infra Projects Private Limited | ₹31.11 Cr (FY 2025) | •••• | •••• | 44.0% | •••• | Jalandhar, Punjab, India |
| Prakruti Two Wheelers Private Limited | ₹31.09 Cr (FY 2019) | •••• | •••• | 83.0% | •••• | Hosur, Tamil Nadu, India |
| Niran Motors Private Limited this company | ₹30.95 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Mangalore, Karnataka, India |
| Shree Gopinathji Wheels Private Limited | ₹30.94 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Vadodara, Gujarat, India |
| Indian Express Commercial Ventures & Projects Private Limited | ₹30.94 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Mumbai, Maharashtra, India |
| Bikram Aditya Automotive Private Limited | ₹30.94 Cr (FY 2024) | •••• | •••• | •••• | Tezpur, Assam, India | |
| Anju Motors Private Limited | ₹30.91 Cr (FY 2024) | •••• | •••• | 77.0% | •••• | Hathras, Uttar Pradesh, India |
| S. K. International Motors Private Limited | ₹30.9 Cr (FY 2018) | •••• | •••• | -27.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Niran Motors by revenue in the Automobiles industry (Auto and Components Dealers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Niran Motors Private Limited
Niran Motors Private Limited is audited by ChandraMohan K.Y. & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ChandraMohan K.Y. & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Niran Motors Private Limited
Niran Motors has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shrey Sharma | Director | 29 Oct 2018 | 7 Years 11 Months | Current |
| Nihal Shetty Also directs: NXS Realty Private Limited | Managing Director | 29 Oct 2018 | 7 Years 11 Months | Current |
Ownership and Shareholding of Niran Motors Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Niran Motors Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Jul 2022 | Others | ₹3.5 Cr | Open |
| 26 Nov 2021 | Canara Bank | ₹54.43 Lakh | Satisfied |
| 26 Mar 2021 | Canara Bank | ₹2.5 Cr | Satisfied |
Total charge records: 3 View all charges
Associated Brands with Niran Motors Private Limited
Niran Motors operates one associated brand: Royal Enfield. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Luxury motorcycles are manufactured and distributed by Royal Enfield. | royalenfield.com |
Employees and EPFO Compliance at Niran Motors Private Limited
Niran Motors Private Limited has a workforce of 70 employees as of Sep 25, 2025.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Niran Motors Private Limited
Niran Motors Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Nihal Shetty was appointed as Managing Director on 29 Oct 2018.
Credit Ratings, Litigation & Regulatory Alerts for Niran Motors Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Niran Motors Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Niran Motors Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Niran Motors Private Limited
Niran Motors has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCN2668A1ZH | Karnataka | Active | 11 Jul 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Niran Motors Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Niran Motors Private Limited
Niran Motors is an active private limited company based in Mangalore, Karnataka, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 29 October 2018 (8+ years old) and is registered under CIN U35900KA2018PTC118076.
Niran Motors reported revenue of ₹30.95 Cr for FY 2025 (down 6% YoY).
Niran Motors has 2 current directors:
- Nihal Shetty - Managing Director
- Shrey Sharma - Director
Niran Motors reported a net profit of ₹29.86 Lakh (net margin 1%) and EBITDA of ₹99.56 Lakh (EBITDA margin 3.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Niran Motors is 2% over three years and 30% over five years. In the latest year (FY 2025) revenue fell 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Niran Motors is 29AAGCN2668A1ZH, registered in Karnataka.
The CIN (Corporate Identification Number) of Niran Motors is U35900KA2018PTC118076. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Niran Motors was incorporated on 29 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Niran Motors by revenue are Thar Automobiles Private Limited, Mundra Automobiles Private Limited, NDG Motors Private Limited, Grander Infra Projects Private Limited, Prakruti Two Wheelers Private Limited and 5 more, all in the Automobiles industry (Auto and Components Dealers).
Nihal Shetty was appointed as Managing Director on 29 Oct 2018. Shrey Sharma was appointed as Director on 29 Oct 2018.
The registered office of Niran Motors is at D No F – 14Ba – 1572017 – 18 Ground Floor Bangra Kuloor, Mangalore, Karnataka, India – 575012.