Nitiraj Motors Private Limited

Nitiraj Motors Private Limited - automotive in Muzaffarpur, Bihar, India. FY 2026 financials & compliance.
CIN U50100BR2009PTC014504 Incorporated 15 May 2009 ROC Patna HQ Muzaffarpur, Bihar, India
Active Private Limited Company automotive
Revenue · FY 2024
₹88.5 Cr
▲ 34% YoY
Net profit · FY 2024
₹59.04 Lakh
Net margin 0.7%
EBITDA · FY 2024
₹2.7 Cr
EBITDA margin 3%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹34.5 Cr
Satisfied ₹9.6 Cr
Company age
17 yrs
Est. 2009
Employees · EPFO
118
Provident fund records

About Nitiraj Motors Private Limited

Data last updated:

Nitiraj Motors Private Limited is a private limited company based in Muzaffarpur, Bihar, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 15 May 2009 and has been in existence for over 17 years.

The company is registered with the Registrar of Companies (ROC), Patna, under CIN U50100BR2009PTC014504. Its GSTIN is 10AADCN0383K2ZP (Bihar). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Basant Kumar Singh and Samant Kumar.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Raj Palace Juran Chapra Road No 3, Muzaffarpur, Bihar, India – 842001.

As per the financials filed for FY 2024, the company reported a revenue of ₹88.5 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹59.04 Lakh (net margin 0.7%) and EBITDA of ₹2.7 Cr (EBITDA margin 3%). Revenue has grown at a compounded annual rate (CAGR) of 61% over three years and 37% over five years.

The company has about 118 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹34.5 Cr and satisfied charges of ₹9.6 Cr on record. Court records list 1 case involving the company, including 1 filed against it.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U50100BR2009PTC014504
Registration Number 014504
Incorporation Date 15 May 2009
ROC Patna
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant

Contact details

Nitiraj Motors Private Limited's registered office is in Muzaffarpur, Bihar. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Raj Palace Juran Chapra Road No 3, Muzaffarpur, Bihar, India – 842001
  • Industry
    Automotive, Auto Dealership & Trading

To see the full contact details of Nitiraj Motors Private Limited, buy the company report.

Comprehensive company report
Nitiraj Motors 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 Nitiraj Motors is trade. In detail, this covers retail trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading

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

Financials of Nitiraj Motors Private Limited

FY 2024 filings available

Nitiraj Motors Private Limited reported revenue of ₹88.5 Cr (up 34% YoY) for FY 2024.

Revenue · FY 2024
₹88.5 Cr ▲ 34%
Net profit · FY 2024
₹59.04 Lakh margin 0.7%
EBITDA · FY 2024
₹2.7 Cr margin 3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 34%
3 years · compounded
▲ 61%
5 years · compounded
▲ 37%
EBITDA CAGR growth
1 year
▲ 72%
3 years · compounded
▲ 44%
5 years · compounded
▲ 27%

Revenue has grown at a compounded annual rate (CAGR) of 37% over five years, including 34% growth in the latest year. EBITDA rose 72% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹2.7 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹59.04 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin3%
Net Profit Margin0.7%
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 Nitiraj Motors Private Limited, buy the company report.

Board of directors of Nitiraj Motors Private Limited

Nitiraj Motors has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Basant Kumar SinghDirector15 May 200917 Years 5 MonthsCurrent
Samant KumarDirector15 May 200917 Years 5 MonthsCurrent
JyotiDirector02 Jan 20251 Years 10 MonthsCurrent

Peer comparison

Nitiraj Motors Private Limited is compared with the 8 companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Muneer Enterprises Private Limited₹88.9 Cr (FY 2024)15.0%Hospet, Karnataka, India
Borah Automobiles Private Limited₹88.82 Cr (FY 2025)-36.0%Dibrugarh, Assam, India
Mohan Fourwheel Private Limited₹88.81 Cr (FY 2025)22.0%Narnaul, Haryana, India
Mody Auto (India) Private Limited₹88.7 Cr (FY 2025)-22.0%Hyderabad, Telangana, India
Taralekar Motors Private Limited₹88.66 Cr (FY 2025)24.0%Miraj, Maharashtra, India
Nitiraj Motors Private Limitedthis company₹88.5 Cr (FY 2024)₹59.04 Lakh0.7%34.0%118Muzaffarpur, Bihar, India
Laxmi Sales and Service Private Limited₹88.42 Cr (FY 2025)-47.0%Bargarh, Odisha, India
Abutani Vaahan Private Limited₹88.03 Cr (FY 2024)-2.0%Guwahati, Assam, India
Smam Automart Private Limited₹87.98 Cr (FY 2025)6.0%Jammu, Jammu and Kashmir, India

To see the full peer comparison of Nitiraj Motors Private Limited, buy the company report.

Auditor

Nitiraj Motors Private Limited is audited by RAKESH SINHA AND ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
RAKESH SINHA AND ASSOCIATESFY 2023516662

Shareholding

The shareholding of Nitiraj Motors Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Nitiraj Motors Private Limited, buy the company report.

Charges & borrowings

Open charges
₹34.5 Cr
Satisfied charges
₹9.6 Cr
Breakdown by lending institutions
Indian Bank₹13.00 Cr
Others₹10.50 Cr
State Bank of India₹6.00 Cr
Axis Bank Limited₹5.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
17 Oct 2024100989708Indian Bank₹13 CrOpen
15 May 2024100921336Axis Bank Limited₹5 CrOpen
13 Mar 2024100889890Others₹7.5 CrOpen
28 Sep 2022100667712State Bank of India₹6 CrOpen
17 Dec 2018100242012Others₹3 CrOpen

To see the full charge records of Nitiraj Motors Private Limited, buy the company report.

Total charge records: 7 View all charges

MSME payment delays

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

Employees & EPFO

Nitiraj Motors Private Limited has a workforce of 118 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
118
Active EPFO establishments
1
Employee growth
100%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-27118
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Nitiraj Motors Private Limited, buy the company report.

GST

Nitiraj Motors has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
10AADCN0383K2ZPBiharActive01 Jul 2017

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

Recent activity

Nitiraj Motors Private Limited has 6 board changes on record since 2009: 3 appointments and 3 cessations. The latest: Jyoti was appointed as Director on 02 Jan 2025.

Charges
A charge with Indian Bank of Rs. 13.00 Cr registered on 17 Oct 2024 with Charge ID 100989708 was modified on 19 Mar 2025.
Appointed
Jyoti was appointed as Director.
Charges
A charge with Indian Bank amounted to Rs. 13.00 Cr with Charge ID 100989708 was registered on 17 Oct 2024.
AGM
Nitiraj Motors Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Axis Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100921336 was registered on 15 May 2024.
Charges
A charge registered on 17 Aug 2020 via Charge ID 100387616 with Axis Bank Limited was fully satisfied on 29 Apr 2024.
Filing
Nitiraj Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Patna.
Charges
A charge registered on 13 Jan 2011 via Charge ID 10267720 with Allahabad Bank was fully satisfied on 19 Mar 2024.
Charges
A charge with Others amounted to Rs. 7.50 Cr with Charge ID 100889890 was registered on 13 Mar 2024.
Charges
A charge with State Bank Of India of Rs. 6.00 Cr registered on 28 Sep 2022 with Charge ID 100667712 was modified on 27 Jul 2023.
Charges
A charge with Others of Rs. 3.00 Cr registered on 17 Dec 2018 with Charge ID 100242012 was modified on 23 Jan 2023.
Charges
A charge with State Bank Of India amounted to Rs. 6.00 Cr with Charge ID 100667712 was registered on 28 Sep 2022.

9 earlier events are in the company report.

Frequently asked questions

Nitiraj Motors is an active private limited company based in Muzaffarpur, Bihar, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 15 May 2009 (17+ years old) and is registered under CIN U50100BR2009PTC014504.

Nitiraj Motors has 3 current directors:

The latest financial statements of Nitiraj Motors on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Nitiraj Motors is 10AADCN0383K2ZP, registered in Bihar. 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 Nitiraj Motors is U50100BR2009PTC014504. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Nitiraj Motors has 1 court case on record: 1 filed against it.

Nitiraj Motors was incorporated on 15 May 2009, making it 17+ years old. It is registered with the Registrar of Companies, Patna.

The peers of Nitiraj Motors by revenue are Muneer Enterprises Private Limited, Borah Automobiles Private Limited, Mohan Fourwheel Private Limited, Mody Auto (India) Private Limited, Taralekar Motors Private Limited and 3 more, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).

Jyoti was appointed as Director on 02 Jan 2025. Sanjay Kumar ceased to be Additional Director on 01 Sep 2018. Rahul Singh ceased to be Director on 17 Nov 2014. Nitiraj Motors has 6 board changes on record in total.

The registered office of Nitiraj Motors is at Raj Palace Juran Chapra Road No 3, Muzaffarpur, Bihar, India – 842001.

Nitiraj Motors operates in the automotive industry, in the auto dealership and trading segment.