About Panchnath Auto Private Limited
Data last updated:
Panchnath Auto Private Limited is a private limited company based in Shapar, Gujarat, India. It operates in the motorcycles and scooters segment of the automotive sector. It was incorporated on 09 October 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U50401GJ2002PTC041390. Its GSTIN is 24AACCP8808L1Z4 (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.12 Cr and a paid-up capital of ₹1.1 Cr. It was formerly known as Panchanath Auto Private Limited. It is led by directors including Manish Maganbhai Viramgama (Managing Director) and Rishi Nitin Patel (Whole-Time Director).
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 Survey No. 287/1 Shapar Villege Road, Gujarat, India – 360024.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.66 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹50.05 Lakh (net margin 3.2%) and EBITDA of ₹2.3 Cr (EBITDA margin 14.7%). Revenue has grown at a compounded annual rate (CAGR) of 4% over five years.
The company has about 409 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹8.5 Cr and satisfied charges of ₹20.78 Cr on record. Court records list 48 cases involving the company, including 45 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pal3wheeler.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressSurvey No. 287/1 Shapar Villege Road, Gujarat, India – 360024
- IndustryAutomotive, Motorcycles & Scooters
- 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 Panchnath Auto Private Limited
The main business activity of Panchnath Auto is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles | 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 Panchnath Auto Private Limited FY 2025 filings available
Panchnath Auto Private Limited reported revenue of ₹15.66 Cr (down 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Panchnath Auto Private Limited
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA rose 98% 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 Panchnath Auto 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 | ₹2.3 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹50.05 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 Panchnath Auto Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.2% | •••• | •••• | •••• | •••• |
| 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 Panchnath Auto are in the company report.
Financial statements from 2015
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 Panchnath Auto Private Limited
Panchnath Auto Private Limited is compared with the companies closest to it by revenue in the Automobiles industry (Auto, Two and Three Wheelers). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Auto Gears Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Rajvansh Auto Wheels Private Limited | •••• | •••• | •••• | •••• | - | Ajmer, Rajasthan, India |
| Auto Sales India Limited | •••• | •••• | •••• | •••• | - | Guwahati, Assam, India |
| Viaterra Travel Gear Private Limited | •••• | •••• | •••• | •••• | 73 | Vijayawada, Andhra Pradesh, India |
| Red Rooster Performance (International) Private Limited | •••• | •••• | •••• | •••• | - | Bangalore North, Karnataka, India |
| Panchnath Auto Private Limited this company | •••• | •••• | •••• | •••• | - | Shapar, Gujarat, India |
| Precision Auto Components Private Limited | •••• | •••• | •••• | •••• | 14 | Nashik, Maharashtra, India |
| Kesar Auto Spares Private Limited | •••• | •••• | •••• | •••• | - | Girgaon, Maharashtra, India |
| Cross Road Auto Private Limited | •••• | •••• | •••• | •••• | 14 | Kanpur, Uttar Pradesh, India |
| Shivansh Auto India Private Limited | •••• | •••• | •••• | •••• | - | Mandi, Himachal Pradesh, India |
| VSR Auto Engineering Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Panchnath Auto by revenue in the Automobiles industry (Auto, Two and Three Wheelers), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Panchnath Auto Private Limited
Panchnath Auto Private Limited is audited by M.J. Rindani & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M.J. Rindani & Associates | 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 Panchnath Auto Private Limited
Panchnath Auto has 7 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rishi Nitin Patel Also directs: Voltuel Private Limited, Riarth Energetix Solutions LLP, Shree Govardhan Ventures LLP and 1 more | Whole-Time Director | 01 Mar 2021 | 5 Years 7 Months | Current |
| Devkumar Dipakkumar Viramgama Also directs: Voltuel Private Limited | Whole-Time Director | 01 Oct 2021 | 5 Years 0 Months | Current |
| Kirti Patel | Whole-Time Director | 17 Feb 2023 | 3 Years 7 Months | Current |
| Manish Maganbhai Viramgama | Managing Director | 01 Aug 2010 | 16 Years 2 Months | Current |
| Deepak Popatlal Patel Also directs: Deepak Diesels Pvt Ltd | Whole-Time Director | 25 Aug 2005 | 21 Years 1 Months | Current |
| Kamleshkumar Ratanshibhai Patel Also directs: Right-Fit Fastners Pvt Ltd, Supra Metal-Tech Private Limited, Rajkamal Fasteners Private Limited and 1 more | Whole-Time Director | 01 Aug 2010 | 16 Years 2 Months | Current |
Ownership and Shareholding of Panchnath Auto 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 Panchnath Auto Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Mar 2019 | Others | ₹8.5 Cr | Open |
| 12 Mar 2020 | Others | ₹28 Lakh | Satisfied |
| 05 Jan 2018 | Hdfc Bank Limited | ₹33 Lakh | Satisfied |
| 15 Jul 2016 | Others | ₹22 Lakh | Satisfied |
| 28 Jul 2014 | Rajkot Nagrik Sahakari Bank Ltd | ₹1 Cr | Satisfied |
Total charge records: 10 View all charges
Legal Cases of Panchnath Auto Private Limited
Panchnath Auto Private Limited has 48 court cases on record: 45 filed by Panchnath Auto, 1 filed against it, 2 where it is another party. All cases are disposed. Status as checked between 28 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 45 | 0 | 0 |
| High courts | 3 | 1 | 0 |
Cases on record (5 of 48)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, RAJKOT, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, RAJKOT, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, RAJKOT, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, RAJKOT, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
Full case history
All 48 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Panchnath Auto Private Limited
Panchnath Auto Private Limited has 8 MSME Form 1 returns on record between 2008 and 2021, listing 14 overdue payments to 7 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| MGR Technologies Private Limited | •••• | •••• | •••• |
| Shraddha Consultant | •••• | •••• | •••• |
| M.J.Rindani & Associates | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 8 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Panchnath Auto Private Limited
Panchnath Auto Private Limited has a workforce of 409 employees as of Apr 09, 2024.
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 Panchnath Auto Private Limited
Panchnath Auto Private Limited has 14 board changes on record since 2002: 7 appointments and 7 cessations. The latest: Kirti Patel was appointed as Whole-Time Director on 17 Feb 2023.
28 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Panchnath Auto 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.
Subsidiaries & Group Companies of Panchnath Auto 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 Panchnath Auto Private Limited
Panchnath Auto has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCP8808L1Z4 | Gujarat | Active | 01 Jul 2017 |
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 Panchnath Auto 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 Panchnath Auto Private Limited
Panchnath Auto is an active private limited company based in Shapar, Gujarat, India. The company works in motorcycles and scooters, within the automotive industry. It was incorporated on 09 October 2002 (24+ years old) and is registered under CIN U50401GJ2002PTC041390.
Panchnath Auto reported revenue of ₹15.66 Cr for FY 2025 (down 4% YoY).
Panchnath Auto has 7 current directors:
- Manish Maganbhai Viramgama - Managing Director
- Rishi Nitin Patel - Whole-Time Director
- Devkumar Dipakkumar Viramgama - Whole-Time Director
- Kirti Patel - Whole-Time Director
- Deepak Popatlal Patel - Whole-Time Director
- Kamleshkumar Ratanshibhai Patel - Whole-Time Director
- Pravinbhai Vallabhdas Ramani - Whole-Time Director
Panchnath Auto reported a net profit of ₹50.05 Lakh (net margin 3.2%) and EBITDA of ₹2.3 Cr (EBITDA margin 14.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Panchnath Auto is 4% over five years. In the latest year (FY 2025) revenue fell 4%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Panchnath Auto is 24AACCP8808L1Z4, registered in Gujarat. 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 Panchnath Auto is U50401GJ2002PTC041390. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Panchnath Auto has 48 court cases on record: 45 filed by the company and 1 filed against it. Most are in the district courts.
Panchnath Auto was incorporated on 09 October 2002, making it 24+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Panchnath Auto by revenue are Auto Gears Private Limited, Rajvansh Auto Wheels Private Limited, Auto Sales India Limited, Viaterra Travel Gear Private Limited, Red Rooster Performance (International) Private Limited and 5 more, all in the Automobiles industry (Auto, Two and Three Wheelers).
Kirti Patel was appointed as Whole-Time Director on 17 Feb 2023. Chandrakant Patel Popatlal ceased to be Whole-Time Director on 11 Dec 2022. Devkumar Dipakkumar Viramgama was appointed as Whole-Time Director on 01 Oct 2021. Panchnath Auto has 14 board changes on record in total.
Panchnath Auto has 8 MSME Form 1 returns on record between 2008 and 2021, listing 14 overdue payments to 7 micro and small suppliers. The latest return was filed on 01 Jun 2021.