MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-22-0023507
PLK Motors Private Limited - automotive in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹11.45 Cr
▲ 346% YoY
Net profit · FY 2023
₹22.28 Lakh
Net margin 1.9%
EBITDA · FY 2023
₹44.53 Lakh
EBITDA margin 3.9%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹50 Lakh
Satisfied ₹1.5 Cr
Company age
9 yrs
Est. 2017
Employees · EPFO
10
Provident fund records
About PLK Motors Private Limited
Data last updated:
PLK Motors Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 08 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U50100GJ2017PTC098614. Its GSTIN is 24AAJCP3577H1Z6 (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Patel Karan Maheshbhai and Lalit Vanarsibhai Patel.
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 Sh – 101 Ff Aalay Pune Patia Surat, Gujarat, India – 395009.
As per the financials filed for FY 2023, the company reported a revenue of ₹11.45 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹22.28 Lakh (net margin 1.9%) and EBITDA of ₹44.53 Lakh (EBITDA margin 3.9%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 40% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹50 Lakh and satisfied charges of ₹1.5 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
PLK Motors Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0023507). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dealers.tvsmotor.com.
Company details
CIN U50100GJ2017PTC098614
Registration Number 098614
Incorporation Date 08 August 2017
ROC Ahmedabad
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-GJ-22-0023507
Recognitions & Rankings of PLK Motors
Contact details
PLK Motors Private Limited's registered office is in Surat, Gujarat. Its website is dealers.tvsmotor.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSh – 101 Ff Aalay Pune Patia Surat, Gujarat, India – 395009
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of PLK Motors Private Limited, buy the company report.
Comprehensive company report
PLK 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 PLK Motors 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 PLK Motors Private Limited, buy the company report.
Financials of PLK Motors Private Limited
FY 2023 filings availablePLK Motors Private Limited reported revenue of ₹11.45 Cr (up 346% YoY) for FY 2023.
Revenue · FY 2023
₹11.45 Cr ▲ 346%
Net profit · FY 2023
₹22.28 Lakh margin 1.9%
EBITDA · FY 2023
₹44.53 Lakh margin 3.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 346%
3 years · compounded
▲ 25%
5 years · compounded
▲ 40%
EBITDA CAGR growth
1 year
▲ 170%
3 years · compounded
▲ 6%
5 years · compounded
▲ 39%
Revenue has grown at a compounded annual rate (CAGR) of 40% over five years, including 346% growth in the latest year. EBITDA rose 170% 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹44.53 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹22.28 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 | 3.9% | ||||
| Net Profit Margin | 1.9% | ||||
| 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 PLK Motors Private Limited, buy the company report.
Board of directors of PLK Motors Private Limited
PLK Motors has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Patel Karan Maheshbhai Also directs: Valam Mobility LLP | Director | 22 Feb 2022 | 4 Years 8 Months | Current |
| Lalit Vanarsibhai Patel | Director | 08 Aug 2017 | 9 Years 3 Months | Current |
Peer comparison
PLK Motors Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Srajan Automotors Private Limited | ₹11.49 Cr (FY 2024) | 50.0% | Udaipur, Rajasthan, India | |||
| Vaishali Automotive Private Limited | ₹11.46 Cr (FY 2024) | 19.0% | Bhavnagar, Gujarat, India | |||
| Basavva Motors Private Limited | ₹11.46 Cr (FY 2025) | -19.0% | Davanagere, Karnataka, India | |||
| PLK Motors Private Limitedthis company | ₹11.45 Cr (FY 2023) | ₹22.28 Lakh | 1.9% | 346.0% | 10 | Surat, Gujarat, India |
| Digvijay Motors ( India) Private Limited | ₹11.44 Cr (FY 2024) | 44.0% | Karad, Maharashtra, India | |||
| Aeonauto Private Limited | ₹11.43 Cr (FY 2025) | 15.0% | Guna, Madhya Pradesh, India | |||
| Lamjingba Motors Private Limited | ₹11.43 Cr (FY 2020) | 483.0% | Yairipok, Manipur, India |
To see the full peer comparison of PLK Motors Private Limited, buy the company report.
Auditor
PLK Motors Private Limited is audited by ABHAY M SHARMA & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ABHAY M SHARMA & CO | FY 2022 | 136069W |
Shareholding
The shareholding of PLK Motors Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2018 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of PLK Motors Private Limited, buy the company report.
Charges & borrowings
Open charges
₹50 Lakh
Satisfied charges
₹1.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Aug 2020 | 100364741 | Others | ₹50 Lakh | Open | |
| 05 Oct 2017 | 100144098 | Tata Capital Financial Services Limited | ₹1.5 Cr | Satisfied |
To see the full charge records of PLK Motors Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
PLK Motors Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Total cases
2
Filed against the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Court case (CR EN) | Filed against the company by Shri R. S. Gamit, Government Labour Officer and Inspector Under Minimum Wages Act, Surat | Disposed |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by Shri R. S. Gamit, Government Labour Officer and Inspector Under Minimum Wages Act, Surat | Disposed |
To see the full case history of PLK Motors 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for PLK Motors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
PLK Motors Private Limited has a workforce of 10 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
10
Active EPFO establishments
1
Employee growth
11.11%
GST
PLK Motors has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAJCP3577H1Z6 | Gujarat | Active | 29 Aug 2017 |
To see the full GST registrations and return filing status of PLK Motors Private Limited, buy the company report.
Recent activity
PLK Motors Private Limited has 5 board changes on record since 2017: 2 appointments and 3 cessations. The latest: Patel Karan Maheshbhai ceased to be Additional Director on 30 Sep 2022.
AGM
Plk Motors Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Plk Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
Ceased
Patel Karan Maheshbhai ceased to be Additional Director.
Ceased
Kiranbhai Mangubhai Patel ceased to be Director.
Ceased
Pranav Gopalbhai Shah ceased to be Director.
Appointed
Patel Karan Maheshbhai was appointed as Director.
Charges
A charge registered on 05 Oct 2017 via Charge ID 100144098 with Tata Capital Financial Services Limited was fully satisfied on 25 Aug 2020.
Charges
A charge with Others amounted to Rs. 50.00 Lakh with Charge ID 100364741 was registered on 21 Aug 2020.
Charges
A charge with Tata Capital Financial Services Limited amounted to Rs. 150.00 Lakh with Charge ID 100144098 was registered on 05 Oct 2017.
Appointed
Lalit Vanarsibhai Patel was appointed as Director.
Incorporation
08 Aug 2017
Plk Motors Private Limited was registered on 08 Aug 2017 with Roc Ahmedabad & aged 9 years 3 months as per MCA records.
Frequently asked questions
PLK Motors is an active private limited company based in Surat, Gujarat, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 08 August 2017 (9+ years old) and is registered under CIN U50100GJ2017PTC098614.
PLK Motors has 2 current directors:
- Patel Karan Maheshbhai - Director
- Lalit Vanarsibhai Patel - Director
The latest financial statements of PLK Motors 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 FY 2018 are in the company report.
The GSTIN of PLK Motors is 24AAJCP3577H1Z6, registered in Gujarat.
The CIN (Corporate Identification Number) of PLK Motors is U50100GJ2017PTC098614. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
PLK Motors has 2 court cases on record: 2 filed against it.
PLK Motors was incorporated on 08 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of PLK Motors by revenue are Srajan Automotors Private Limited, Vaishali Automotive Private Limited, Basavva Motors Private Limited, Digvijay Motors ( India) Private Limited, Aeonauto Private Limited and 1 more, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).
Patel Karan Maheshbhai ceased to be Additional Director on 30 Sep 2022. Kiranbhai Mangubhai Patel ceased to be Director on 25 Mar 2022. Pranav Gopalbhai Shah ceased to be Director on 25 Mar 2022. PLK Motors has 5 board changes on record in total.
Yes, PLK Motors is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-22-0023507).
PLK Motors can be reached through the website dealers.tvsmotor.com. Its registered office is in Surat, Gujarat, India.
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