MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0026898
Planet Agencies Private Limited - automotive in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹40.06 Cr
▲ 5% YoY
Net profit · FY 2023
₹29.96 Lakh
Net margin 0.7%
EBITDA · FY 2023
₹2.79 Cr
EBITDA margin 7%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹3.25 Cr
Issued & subscribed
Open charges
₹37.06 Cr
Secured borrowings
Company age
23 yrs
Est. 2003
Employees · EPFO
144
Provident fund records
About Planet Agencies Private Limited
Data last updated:
Planet Agencies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 11 April 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U05190KA2003PTC031819. Its GSTIN is 29AADCP0234D1ZU (Karnataka).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.25 Cr. It is led by directors Arunaa Raavi (Managing Director) and Nimisha Raavi.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No.1040 Dr. Rajkumar Road 4th Block Rajajinagar Bangalore, Karnataka, India – 560010.
As per the financials filed for FY 2023, the company reported a revenue of ₹40.06 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹29.96 Lakh (net margin 0.7%) and EBITDA of ₹2.79 Cr (EBITDA margin 7%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 19% over five years.
The company has about 144 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Planethonda. As per MCA filings, the company has open charges of ₹37.06 Cr on record. Court records list 71 cases involving the company, including 11 filed by the company and 60 filed against it; 21 cases are pending.
Planet Agencies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0026898). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website planethonda.in.
Company details
CIN U05190KA2003PTC031819
Registration Number 031819
Incorporation Date 11 April 2003
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0026898
Recognitions & Rankings of Planet Agencies
Contact details
Planet Agencies Private Limited's registered office is in Bangalore, Karnataka. Its website is planethonda.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.1040 Dr. Rajkumar Road 4th Block Rajajinagar Bangalore, Karnataka, India – 560010
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Planet Agencies Private Limited, buy the company report.
Comprehensive company report
Planet Agencies 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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Brands
Planet Agencies operates one associated brand: Planethonda. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| planethonda.com |
Business activity
The main business activity of Planet Agencies 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 Planet Agencies Private Limited, buy the company report.
Financials of Planet Agencies Private Limited
FY 2023 filings availablePlanet Agencies Private Limited reported revenue of ₹40.06 Cr (up 5% YoY) for FY 2023.
Revenue · FY 2023
₹40.06 Cr ▲ 5%
Net profit · FY 2023
₹29.96 Lakh margin 0.7%
EBITDA · FY 2023
₹2.79 Cr margin 7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 5%
3 years · compounded
▼ 15%
5 years · compounded
▼ 19%
EBITDA CAGR growth
1 year
▲ 19%
3 years · compounded
▼ 4%
5 years · compounded
▼ 8%
Revenue rose 5% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 19%. EBITDA rose 19% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹40.06 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.79 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹29.96 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7% | ||||
| Net Profit Margin | 0.7% | ||||
| 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 Planet Agencies Private Limited, buy the company report.
Board of directors of Planet Agencies Private Limited
Planet Agencies has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arunaa Raavi Also directs: Sai Planet LLP, Samastha Farms Private Limited, Saiadhya Automobiles Private Limited and 3 more | Managing Director | 11 Apr 2003 | 23 Years 6 Months | Current |
| Nimisha Raavi Also directs: Sai Adhya Mobility Private Limited | Director | 01 Jun 2020 | 6 Years 4 Months | Current |
Peer comparison
Planet Agencies 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| RMJ Agencies Private Limited | ₹40.17 Cr (FY 2024) | 1.0% | Bhopal, Madhya Pradesh, India | |||
| Bhagat Automotive Private Limited | ₹40.16 Cr (FY 2021) | -58.0% | Patiala, Punjab, India | |||
| Shiv Autowheels Private Limited | ₹40.13 Cr (FY 2025) | 18.0% | Aligarh, Uttar Pradesh, India | |||
| Shree Bharat Motors Limited | ₹40.07 Cr (FY 2024) | -36.0% | Bhubaneswar, Odisha, India | |||
| Planet Agencies Private Limitedthis company | ₹40.06 Cr (FY 2023) | ₹29.96 Lakh | 0.7% | 5.0% | 144 | Bangalore, Karnataka, India |
| Sandhu Automobiles Private Limited | ₹40.06 Cr (FY 2025) | -27.0% | Punjab, India | |||
| Tekriwal Tractors Private Limited | ₹40.04 Cr (FY 2024) | -1.0% | Godda, Jharkhand, India | |||
| Frontier Cars (India) Private Limited | ₹40.03 Cr (FY 2025) | -12.0% | Jabalpur, Madhya Pradesh, India | |||
| Prashant Motors Private Limited | ₹40.01 Cr (FY 2024) | 3.0% | Muzaffarpur, Bihar, India |
To see the full peer comparison of Planet Agencies Private Limited, buy the company report.
Auditor
Planet Agencies Private Limited is audited by Mayank Patesaria for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mayank Patesaria | FY 2023 |
Shareholding
The shareholding of Planet Agencies 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Planet Agencies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹37.06 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Nov 2021 | 100531164 | State Bank of India | ₹90 Lakh | Open | |
| 07 Sep 2020 | 100383330 | Others | ₹16.42 Lakh | Open | |
| 18 Jun 2020 | 100349745 | Others | ₹66.9 Lakh | Open | |
| 05 Jun 2020 | 100361081 | State Bank of India | ₹1.82 Cr | Open | |
| 29 Feb 2020 | 100332325 | Others | ₹5.12 Cr | Open |
To see the full charge records of Planet Agencies Private Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
Planet Agencies Private Limited has 71 court cases on record: 11 filed by Planet Agencies, 60 filed against it. 21 cases are pending and 50 are disposed.
Total cases
71
Filed by the company
11
Filed against the company
60
Pending
21
Disposed
50
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 63 | 54 | 17 |
| High courts | 8 | 6 | 4 |
Cases on record (5 of 71)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by M/S Axis Bank Limited | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Tata Capital Limited | Pending |
| High Court | Original application | Filed against the company by Tata Capital Limited M/S.Gaurav Chatterjee, Arjun Anand,C.Balakrishnan,Vijay R Sekar,Jayant J.R. | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Idfc First Bank Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Idfc First Bank Ltd | Disposed |
To see the full case history of Planet Agencies Private Limited, buy the company report.
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.
Credit ratings & regulatory alerts
Planet Agencies Private Limited was last rated by Crisil on 27 May 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 27 May 2020 |
To see the full credit ratings and regulatory alerts of Planet Agencies Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Planet Agencies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Planet Agencies Private Limited has a workforce of 144 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
144
Active EPFO establishments
1
Employee growth
-21.74%
GST
Planet Agencies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCP0234D1ZU | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Planet Agencies Private Limited, buy the company report.
Recent activity
Planet Agencies Private Limited has 6 board changes on record since 2003: 2 appointments and 4 cessations. The latest: Nimisha Raavi ceased to be Additional Director on 30 Nov 2021.
AGM
Planet Agencies Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Planet Agencies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Charges
A charge with Others of Rs. 5.12 Cr registered on 29 Feb 2020 with Charge ID 100332325 was modified on 29 Mar 2022.
Ceased
Nimisha Raavi ceased to be Additional Director.
Charges
A charge with State Bank Of India amounted to Rs. 0.90 Cr with Charge ID 100531164 was registered on 19 Nov 2021.
Charges
A charge with Axis Bank Limited of Rs. 1.74 Cr registered on 08 Jun 2018 with Charge ID 100183875 was modified on 19 Feb 2021.
Charges
A charge with Others amounted to Rs. 0.16 Cr with Charge ID 100383330 was registered on 07 Sep 2020.
Charges
A charge with Others amounted to Rs. 0.67 Cr with Charge ID 100349745 was registered on 18 Jun 2020.
Charges
A charge with State Bank Of India amounted to Rs. 1.82 Cr with Charge ID 100361081 was registered on 05 Jun 2020.
Ceased
Raavi Raajakumar ceased to be Director.
Appointed
Nimisha Raavi was appointed as Director.
Charges
A charge with Others amounted to Rs. 5.12 Cr with Charge ID 100332325 was registered on 29 Feb 2020.
13 earlier events are in the company report.
Frequently asked questions
Planet Agencies is an active private limited company based in Bangalore, Karnataka, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 11 April 2003 (23+ years old) and is registered under CIN U05190KA2003PTC031819.
Planet Agencies has 2 current directors:
- Arunaa Raavi - Managing Director
- Nimisha Raavi - Director
The latest financial statements of Planet Agencies on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Planet Agencies is 29AADCP0234D1ZU, registered in Karnataka.
The CIN (Corporate Identification Number) of Planet Agencies is U05190KA2003PTC031819. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Planet Agencies has 71 court cases on record: 11 filed by the company and 60 filed against it. 21 are pending. Most are in the district courts.
Planet Agencies was incorporated on 11 April 2003, making it 23+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Planet Agencies by revenue are RMJ Agencies Private Limited, Bhagat Automotive Private Limited, Shiv Autowheels Private Limited, Shree Bharat Motors Limited, Sandhu Automobiles Private Limited and 3 more, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).
Nimisha Raavi ceased to be Additional Director on 30 Nov 2021. Raavi Raajakumar ceased to be Director on 02 Jun 2020. Nimisha Raavi was appointed as Director on 01 Jun 2020. Planet Agencies has 6 board changes on record in total.
Yes, Planet Agencies is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0026898).
Planet Agencies can be reached through the website planethonda.in. Its registered office is in Bangalore, Karnataka, India.