MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-AP-10-0004003
Olive Auto Private Limited - automotive in Visakhapatnam, Andhra Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹71.71 Cr
▲ 9% YoY
Net profit · FY 2024
₹66.64 Lakh
Net margin 0.9%
EBITDA · FY 2024
₹1.84 Cr
EBITDA margin 2.6%
Authorised capital
₹1.8 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹9.41 Cr
Satisfied ₹11.44 Cr
Company age
17 yrs
Est. 2009
Employees · EPFO
192
Provident fund records
About Olive Auto Private Limited
Data last updated:
Olive Auto Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 12 August 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U50102AP2009PTC064716. Its GSTIN is 37AABCO2118H1ZP (Andhra Pradesh).
The company has an authorised share capital of ₹1.8 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Future Carriers and Vehicles Private Limited. It is led by directors Harsha Hanumara (Managing Director) and Narasimha Durga Harinadha Ranga Raju Penmetsa.
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 # 9 – 29 – 18 Vip Road Balaji Nagar Siripuram, Visakhapatnam, Andhra Pradesh, India – 530003.
As per the financials filed for FY 2024, the company reported a revenue of ₹71.71 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹66.64 Lakh (net margin 0.9%) and EBITDA of ₹1.84 Cr (EBITDA margin 2.6%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 15% over five years.
The company has about 192 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹9.41 Cr and satisfied charges of ₹11.44 Cr on record.
Olive Auto Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-10-0004003). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website oliveauto.com.
Company details
CIN U50102AP2009PTC064716
Registration Number 064716
Incorporation Date 12 August 2009
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-AP-10-0004003
Recognitions & Rankings of Olive Auto
Contact details
Olive Auto Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its website is oliveauto.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address# 9 – 29 – 18 Vip Road Balaji Nagar Siripuram, Visakhapatnam, Andhra Pradesh, India – 530003
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Olive Auto Private Limited, buy the company report.
Comprehensive company report
Olive Auto 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Olive Auto is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Olive Auto Private Limited, buy the company report.
Financials of Olive Auto Private Limited
FY 2024 filings availableOlive Auto Private Limited reported revenue of ₹71.71 Cr (up 9% YoY) for FY 2024.
Revenue · FY 2024
₹71.71 Cr ▲ 9%
Net profit · FY 2024
₹66.64 Lakh margin 0.9%
EBITDA · FY 2024
₹1.84 Cr margin 2.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 18%
5 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▼ 12%
3 years · compounded
▼ 14%
5 years · compounded
▲ 3%
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 9% growth in the latest year. EBITDA fell 12% 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 | ₹1.84 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹66.64 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.6% | ||||
| Net Profit Margin | 0.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Olive Auto Private Limited, buy the company report.
Board of directors of Olive Auto Private Limited
Olive Auto has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harsha Hanumara Also directs: Neon Motors Private Limited, Apple Cars Private Limited, Neon Auto Private Limited and 2 more | Managing Director | 12 Aug 2009 | 17 Years 2 Months | Current |
| Narasimha Durga Harinadha Ranga Raju Penmetsa Also directs: Olive Automobiles Private Limited, Varun Vehicles Private Limited, Varun Auto Sales Private Limited and 2 more | Director | 12 Aug 2009 | 17 Years 2 Months | Current |
Peer comparison
Olive Auto Private Limited is compared with the 5 companies closest to it by revenue in the Automobiles industry (Auto, Auto and Components Dealers), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Prema Automobiles Private Limited | ₹72.15 Cr (FY 2024) | 11.0% | Patna, Bihar, India | |||
| Mahakali Autowheels Private Limited | ₹71.9 Cr (FY 2025) | 5.0% | Purnia, Bihar, India | |||
| Olive Auto Private Limitedthis company | ₹71.71 Cr (FY 2024) | ₹66.64 Lakh | 0.9% | 9.0% | 192 | Visakhapatnam, Andhra Pradesh, India |
| Arka Autotech Private Limited | ₹71.53 Cr (FY 2024) | -22.0% | Khammam, Telangana, India | |||
| Vinayak Cars Private Limited | ₹71.46 Cr (FY 2020) | -41.0% | Bangalore, Karnataka, India | |||
| MPS Motors Private Limited | ₹71.42 Cr (FY 2025) | -23.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Olive Auto Private Limited, buy the company report.
Auditor
Olive Auto Private Limited is audited by J SREENIVASA RAO & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J SREENIVASA RAO & CO | FY 2020 | 009386S |
Shareholding
The shareholding of Olive Auto Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Olive Auto Private Limited, buy the company report.
Charges & borrowings
Open charges
₹9.41 Cr
Satisfied charges
₹11.44 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Mar 2022 | 100571038 | State Bank of India | ₹9.41 Cr | Open | |
| 03 Oct 2020 | 100376738 | Others | ₹9.44 Cr | Satisfied | |
| 15 Dec 2009 | 10192625 | Bank of Baroda | ₹2 Cr | Satisfied |
To see the full charge records of Olive Auto Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Olive Auto 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 Olive Auto Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Olive Auto Private Limited has a workforce of 192 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
192
Active EPFO establishments
1
Employee growth
50%
GST
Olive Auto has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AABCO2118H1ZP | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Olive Auto Private Limited, buy the company report.
Recent activity
Olive Auto Private Limited has 2 board changes on record since 2009: 2 appointments. The latest: Harsha Hanumara was appointed as Managing Director on 12 Aug 2009.
AGM
Olive Auto Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Olive Auto Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.
Charges
A charge registered on 03 Oct 2020 via Charge ID 100376738 with Others was fully satisfied on 25 Jul 2022.
Charges
A charge registered on 15 Dec 2009 via Charge ID 10192625 with Bank Of Baroda was fully satisfied on 25 Jul 2022.
Charges
A charge with State Bank Of India amounted to Rs. 9.41 Cr with Charge ID 100571038 was registered on 22 Mar 2022.
Charges
A charge with Others of Rs. 9.44 Cr registered on 03 Oct 2020 with Charge ID 100376738 was modified on 28 Apr 2021.
Charges
A charge with Others amounted to Rs. 9.44 Cr with Charge ID 100376738 was registered on 03 Oct 2020.
Charges
A charge with Bank Of Baroda of Rs. 2.00 Cr registered on 15 Dec 2009 with Charge ID 10192625 was modified on 11 Oct 2012.
Charges
A charge with Bank Of Baroda amounted to Rs. 2.00 Cr with Charge ID 10192625 was registered on 15 Dec 2009.
Appointed
Harsha Hanumara was appointed as Managing Director.
Appointed
Narasimha Durga Harinadha Ranga Raju Penmetsa was appointed as Director.
Incorporation
12 Aug 2009
Olive Auto Private Limited was registered on 12 Aug 2009 with Roc Vijayawada & aged 17 years 2 months as per MCA records.
Frequently asked questions
Olive Auto is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 12 August 2009 (17+ years old) and is registered under CIN U50102AP2009PTC064716.
Olive Auto has 2 current directors:
- Harsha Hanumara - Managing Director
- Narasimha Durga Harinadha Ranga Raju Penmetsa - Director
The latest financial statements of Olive Auto 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 Olive Auto is 37AABCO2118H1ZP, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Olive Auto is U50102AP2009PTC064716. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Olive Auto was incorporated on 12 August 2009, making it 17+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Olive Auto by revenue are Prema Automobiles Private Limited, Mahakali Autowheels Private Limited, Arka Autotech Private Limited, Vinayak Cars Private Limited, MPS Motors Private Limited, all in the Automobiles industry (Auto, Auto and Components Dealers), with the same principal business activity (retail trading).
Harsha Hanumara was appointed as Managing Director on 12 Aug 2009. Narasimha Durga Harinadha Ranga Raju Penmetsa was appointed as Director on 12 Aug 2009.
Yes, Olive Auto is registered as a medium enterprise under Udyam registration (number: UDYAM-AP-10-0004003).
Olive Auto can be reached through the website oliveauto.com. Its registered office is in Visakhapatnam, Andhra Pradesh, India.
The registered office of Olive Auto is at # 9 – 29 – 18 Vip Road Balaji Nagar Siripuram, Visakhapatnam, Andhra Pradesh, India – 530003.