Prime Auto Cars Limited - automotive in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U74999DL2018PLC341237 Incorporated 27 October 2018 ROC Delhi HQ New Delhi, Delhi, India
Active Public Limited Company automotive MSME · Medium
Revenue · FY 2025
₹51.3 Cr
▲ 499% YoY
Net loss · FY 2025
₹8.04 Cr
Net margin -15.7%
EBITDA · FY 2025
-₹3.32 Cr
EBITDA margin -6.5%
Authorised capital
₹24 Cr
Registered with MCA
Paid-up capital
₹14 Cr
Issued & subscribed
Open charges
₹43 Cr
Satisfied ₹35.72 Cr
Company age
8 yrs
Est. 2018
Employees · EPFO
116
Provident fund records

About Prime Auto Cars Limited

Data last updated:

Prime Auto Cars Limited is a public limited company based in New Delhi, Delhi, India, a subsidiary of Motherson Spirited Auto Retails India Limited. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 27 October 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2018PLC341237. Its GSTIN is 07ABBCS0691L1Z3 (Delhi). The company holds 3 GST registrations, all of them active.

The company has an authorised share capital of ₹24 Cr and a paid-up capital of ₹14 Cr. It was formerly known as Smg Insurance Broker Services Limited. It is led by directors including Bharat Garg and Aditya Vikram Agarwalla.

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 2nd Floor F – 7 Block B – 1 Mohan Cooperative Industrial Estate, New Delhi, Delhi, India – 110044.

As per the financials filed for FY 2025, the company reported a revenue of ₹51.3 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹8.04 Cr (net margin -15.7%) and EBITDA of -₹3.32 Cr (EBITDA margin -6.5%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 16% over five years.

The company has about 116 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹43 Cr and satisfied charges of ₹35.72 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it; 1 case is pending. The company has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹8.08 Cr; the latest was in March 2024. Its 3 peer companies in the Automobiles industry (Auto, Auto and Components Dealers), with the same principal business activity (retail trading) are compared by revenue, 1 larger and 2 smaller; the largest is East Africa Motors Limited with revenue of ₹51.49 Cr. The company has 2 MSME Form 1 returns on record for the period ending Sep 2021, listing 4 overdue payments to 3 micro and small suppliers.

Prime Auto Cars Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-08-0007737).

Company details

CIN U74999DL2018PLC341237
Registration Number 341237
Incorporation Date 27 October 2018
ROC Delhi
Listing Status Unlisted
Company Status Active
Parent Company Motherson Spirited Auto Retails India Limited
MSME Classification Medium
Udyam Registration UDYAM-DL-08-0007737

Recognitions & Rankings of Prime Auto Cars

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-DL-08-0007737

Contact details

Prime Auto Cars Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    2nd Floor F – 7 Block B – 1 Mohan Cooperative Industrial Estate, New Delhi, Delhi, India – 110044
  • Industry
    Automotive, Auto Dealership & Trading

To see the full contact details of Prime Auto Cars Limited, buy the company report.

Comprehensive company report
Prime Auto Cars 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 Prime Auto Cars 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 Prime Auto Cars Limited, buy the company report.

Financials of Prime Auto Cars Limited

FY 2024 filings available

Prime Auto Cars Limited reported revenue of ₹51.3 Cr (up 499% YoY) for FY 2025.

Revenue · FY 2025
₹51.3 Cr ▲ 499%
Net loss · FY 2025
₹8.04 Cr margin -15.7%
EBITDA · FY 2025
-₹3.32 Cr margin -6.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 499%
3 years · compounded
▼ 6%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 3%
5 years · compounded
▼ 5%

Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 499% growth in the latest year. EBITDA fell 6% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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-₹3.32 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹8.04 Cr
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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-6.5%
Net Profit Margin-15.7%
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 Prime Auto Cars Limited, buy the company report.

Board of directors of Prime Auto Cars Limited

Prime Auto Cars has 7 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Bharat GargDirector31 May 20251 Years 5 MonthsCurrent
Aditya Vikram AgarwallaDirector21 Sep 20197 Years 1 MonthsCurrent
Dhruv MehraDirector27 Oct 20188 Years 0 MonthsCurrent
Sandeep AgarwalaDirector24 Jun 20197 Years 4 MonthsCurrent
Ashok TandonDirector27 Oct 20188 Years 0 MonthsCurrent
Madhu BhaskarDirector20 Nov 20241 Years 11 MonthsCurrent
Showing 6 of 7 current directors. View all directors

Peer comparison

Prime Auto Cars Limited is compared with the 3 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
East Africa Motors Limited₹51.49 Cr (FY 2017)2.0%Vadodara, Gujarat, India
Prime Auto Cars Limitedthis company₹51.3 Cr (FY 2025)-₹8.04 Cr-15.7%499.0%116New Delhi, Delhi, India
Urmila Automobiles Private Limited₹51.29 Cr (FY 2024)12.0%Siwan, Bihar, India
VPS Agro & Auto Private Limited₹51.23 Cr (FY 2025)38.0%Haryana, India

To see the full peer comparison of Prime Auto Cars Limited, buy the company report.

Auditor

Prime Auto Cars Limited is audited by R. N. MARWAH & CO. LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
R. N. MARWAH & CO. LLPFY 2023001211N/N500019

Shareholding

The shareholding of Prime Auto Cars 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 Prime Auto Cars Limited, buy the company report.

Charges & borrowings

Open charges
₹43 Cr
Satisfied charges
₹35.72 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹35.00 Cr
Others₹8.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
14 May 2024100928772Others₹8 CrOpen
18 Jan 2024100861246Hdfc Bank Limited₹35 CrOpen
19 Apr 2024100918513Hdfc Bank Limited₹79.92 LakhSatisfied
19 Apr 2024100918350Hdfc Bank Limited₹91.92 LakhSatisfied
25 May 2022100581396Axis Bank Limited₹15 CrSatisfied

To see the full charge records of Prime Auto Cars Limited, buy the company report.

Total charge records: 7 View all charges

Deals & funding

Prime Auto Cars Limited has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹8.08 Cr; the latest was in March 2024.

Total deals
3
Funding rounds
2
Rights issue
1
Disclosed funding
₹8.08 Cr

Deals on record (2 of 3)

WhenDealAmountParties
Feb 2020Rights issue₹4.92 CrInvestors: Motherson Spirited Auto Retails India Limited , 2 individuals
Jun 2019Funding round₹3.08 CrInvestors: Motherson Spirited Auto Retails India Limited , 2 individuals

To see the full deal history of Prime Auto Cars Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Prime Auto Cars Limited has 2 MSME Form 1 returns on record for the period ending Sep 2021, listing 4 overdue payments to 3 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 (3 of 3)

SupplierAmount dueDue sinceReported on
Motherson Spirited Auto Retails India Limited
Systematic Conscom Limited
Motherson Technology Services Limited

To see the full MSME payment records of Prime Auto Cars Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Prime Auto Cars Limited has a workforce of 116 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.

Employee count
116
Active EPFO establishments
2
Employee growth
43.2%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-27116
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20

To see the full employee and EPFO history of Prime Auto Cars Limited, buy the company report.

GST

Prime Auto Cars has 3 GST registrations: 3 active.

Total GSTINs
3
Active
3
GSTINStateStatusRegistered on
07ABBCS0691L1Z3DelhiActive08 May 2019
09ABBCS0691L1ZZUttar PradeshActive30 Oct 2020
19ABBCS0691L1ZYWest BengalActive18 Dec 2023

To see the full GST registrations and return filing status of Prime Auto Cars Limited, buy the company report.

Recent activity

Prime Auto Cars Limited has 13 board changes on record since 2018: 7 appointments and 6 cessations. The latest: Bharat Garg ceased to be Additional Director on 29 Sep 2025.

Charges
A charge registered on 19 Apr 2024 via Charge ID 100918350 with Hdfc Bank Limited was fully satisfied on 18 Nov 2025.
Charges
A charge registered on 19 Apr 2024 via Charge ID 100918513 with Hdfc Bank Limited was fully satisfied on 31 Oct 2025.
Ceased
Bharat Garg ceased to be Additional Director.
Ceased
Madhu Bhaskar ceased to be Additional Director.
Ceased
Sanjay Kalia ceased to be Additional Director.
Appointed
Bharat Garg was appointed as Director.
Ceased
Manish Kumar Goyal ceased to be Director.
Appointed
Madhu Bhaskar was appointed as Director.
Appointed
Sanjay Kalia was appointed as Director.
AGM
Prime Auto Cars Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 8.00 Cr with Charge ID 100928772 was registered on 14 May 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.80 Cr with Charge ID 100918513 was registered on 19 Apr 2024.

18 earlier events are in the company report.

Frequently asked questions

Prime Auto Cars is an active public limited company based in New Delhi, Delhi, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 27 October 2018 (8+ years old) and is registered under CIN U74999DL2018PLC341237.

Prime Auto Cars has 7 current directors:

The latest financial statements of Prime Auto Cars 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 FY 2019 are in the company report.

The GSTIN of Prime Auto Cars is 07ABBCS0691L1Z3, registered in Delhi. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 09ABBCS0691L1ZZ (Uttar Pradesh), 19ABBCS0691L1ZY (West Bengal).

The CIN (Corporate Identification Number) of Prime Auto Cars is U74999DL2018PLC341237. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Prime Auto Cars has 4 court cases on record: 1 filed by the company and 3 filed against it. 1 is pending.

Prime Auto Cars was incorporated on 27 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Delhi.

Prime Auto Cars has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹8.08 Cr; the latest was in March 2024.

The peers of Prime Auto Cars by revenue are East Africa Motors Limited, Urmila Automobiles Private Limited, VPS Agro & Auto Private Limited, all in the Automobiles industry (Auto, Auto and Components Dealers), with the same principal business activity (retail trading).

Bharat Garg ceased to be Additional Director on 29 Sep 2025. Madhu Bhaskar ceased to be Additional Director on 29 Sep 2025. Sanjay Kalia ceased to be Additional Director on 29 Sep 2025. Prime Auto Cars has 13 board changes on record in total.

Yes, Prime Auto Cars is registered as a medium enterprise under Udyam registration (number: UDYAM-DL-08-0007737).

Prime Auto Cars has 2 MSME Form 1 returns on record for the period ending Sep 2021, listing 4 overdue payments to 3 micro and small suppliers. The latest return was filed on 12 Nov 2021.