Randhawa Automobile Engineering Private Limited

Randhawa Automobile Engineering Private Limited - automotive in Navi Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U28920MH1998PTC115322 Incorporated 11 June 1998 ROC Mumbai HQ Navi Mumbai, Maharashtra, India
Active Private Limited Company automotive
Data last updated
Revenue · FY 2024
₹481.07 Cr
▲ 27% YoY
Net profit · FY 2024
₹2.47 Cr
Net margin 0.5%
EBITDA · FY 2024
₹14.01 Cr
EBITDA margin 2.9%
Authorised capital
₹9.95 Cr
Registered with MCA
Paid-up capital
₹9.93 Cr
Issued & subscribed
Open charges
₹189.18 Cr
Satisfied ₹40.94 Cr
Company age
28 yrs
Est. 1998
Employees · EPFO
189
Provident fund records

About Randhawa Automobile Engineering Private Limited

Data last updated:

Randhawa Automobile Engineering Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 11 June 1998 and has been in existence for over 28 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28920MH1998PTC115322. Its GSTIN is 27AABCR6869A1ZB (Maharashtra).

The company has an authorised share capital of ₹9.95 Cr and a paid-up capital of ₹9.93 Cr. It is led by directors including Gurjitsingh Meharsingh Randhawa and Meharsingh Sadhu Singh Randhawa.

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 Plot No 70A Shirawane Cidco Industrial Area Sector – 1 Nerul, Navi Mumbai, Maharashtra, India – 400706.

As per the financials filed for FY 2024, the company reported a revenue of ₹481.07 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹2.47 Cr (net margin 0.5%) and EBITDA of ₹14.01 Cr (EBITDA margin 2.9%). Revenue has grown at a compounded annual rate (CAGR) of 63% over three years and 32% over five years.

The company has about 189 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Randhawa Motors. As per MCA filings, the company has open charges of ₹189.18 Cr and satisfied charges of ₹40.94 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending. The company has 7 deals on record (3 rights issues, 2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹95 Lakh; the latest was in March 2024.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website randhawamotors.com.

Company details

CIN U28920MH1998PTC115322
Registration Number 115322
Incorporation Date 11 June 1998
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

Contact details

Randhawa Automobile Engineering Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is randhawamotors.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Plot No 70A Shirawane Cidco Industrial Area Sector – 1 Nerul, Navi Mumbai, Maharashtra, India – 400706
  • Industry
    Automotive, Auto Parts & Components

To see the full contact details of Randhawa Automobile Engineering Private Limited, buy the company report.

Comprehensive company report
Randhawa Automobile Engineering 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

Randhawa Automobile Engineering operates one associated brand: Randhawa Motors. Each brand links to its own profile.

BrandDescriptionWebsite
Authorized dealership for Mahindra vehicles, providing sales, servicing, and workshops in Mumbai.randhawamotors.com

Business activity

The main business activities of Randhawa Automobile Engineering are manufacturing and trade. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and retail trading. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment
GTradeG2Retail Trading

To see the full business activity and turnover split of Randhawa Automobile Engineering Private Limited, buy the company report.

Financials of Randhawa Automobile Engineering Private Limited

FY 2024 filings available

Randhawa Automobile Engineering Private Limited reported revenue of ₹481.07 Cr (up 27% YoY) for FY 2024.

Revenue · FY 2024
₹481.07 Cr ▲ 27%
Net profit · FY 2024
₹2.47 Cr margin 0.5%
EBITDA · FY 2024
₹14.01 Cr margin 2.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 27%
3 years · compounded
▲ 63%
5 years · compounded
▲ 32%
EBITDA CAGR growth
1 year
▲ 43%
3 years · compounded
▲ 69%
5 years · compounded
▲ 34%

Revenue has grown at a compounded annual rate (CAGR) of 32% over five years, including 27% growth in the latest year. EBITDA rose 43% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹14.01 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.47 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin2.9%
Net Profit Margin0.5%
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 Randhawa Automobile Engineering Private Limited, buy the company report.

Board of directors of Randhawa Automobile Engineering Private Limited

Randhawa Automobile Engineering has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Gurjitsingh Meharsingh RandhawaDirector11 Jun 199828 Years 4 MonthsCurrent
Meharsingh Sadhu Singh RandhawaDirector11 Jun 199828 Years 4 MonthsCurrent
Gurprit Singh Mehar Singh RandhawaDirector03 Feb 200620 Years 9 MonthsCurrent

Auditor

Randhawa Automobile Engineering Private Limited is audited by KARM & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
KARM & COFY 2023105237W

Shareholding

The shareholding of Randhawa Automobile Engineering 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Randhawa Automobile Engineering Private Limited, buy the company report.

Charges & borrowings

Open charges
₹189.18 Cr
Satisfied charges
₹40.94 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹132.30 Cr
Others₹33.71 Cr
State Bank of India₹22.39 Cr
Tata Capital Financial Services Limited₹0.78 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
25 Mar 2025101072055Others₹4 CrOpen
03 Feb 2025101070381Hdfc Bank Limited₹24.16 LakhOpen
03 Feb 2025101070383Hdfc Bank Limited₹24.16 LakhOpen
03 Feb 2025101070389Hdfc Bank Limited₹27.57 LakhOpen
03 Feb 2025101070391Hdfc Bank Limited₹24.16 LakhOpen

To see the full charge records of Randhawa Automobile Engineering Private Limited, buy the company report.

Total charge records: 70 View all charges

Deals & funding

Randhawa Automobile Engineering Private Limited has 7 deals on record (3 rights issues, 2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹95 Lakh; the latest was in March 2024.

Total deals
7
Rights issues
3
Funding rounds
2
Secondary share transfers
2
Disclosed funding
₹95 Lakh

Deals on record (5 of 7)

WhenDealAmountParties
Mar 2024Rights issue₹1.05 CrInvestors: 3 individuals
Mar 2022Rights issue₹4.44 CrInvestors: 3 individuals
Feb 2019Rights issue₹33.1 LakhInvestors: 4 individuals
Mar 2011Secondary share transferUndisclosedBuyer: 2 individuals
Seller: 2 individuals
Dec 2010Funding round₹20 LakhInvestors: 4 individuals

To see the full deal history of Randhawa Automobile Engineering Private 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

No delayed payments to MSME suppliers are on our record for Randhawa Automobile Engineering Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Randhawa Automobile Engineering Private Limited has a workforce of 189 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.

Employee count
189
Active EPFO establishments
1
Employee growth
53.66%

GST

Randhawa Automobile Engineering has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AABCR6869A1ZBMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Randhawa Automobile Engineering Private Limited, buy the company report.

Recent activity

Randhawa Automobile Engineering Private Limited has 5 board changes on record since 1998: 4 appointments and 1 cessation. The latest: Palwinder Kaur Randhawa ceased to be Director on 26 Aug 2013.

Charges
A charge with Others of Rs. 7.50 Cr registered on 24 May 2024 with Charge ID 100928391 was modified on 22 Apr 2025.
Charges
A charge with Others amounted to Rs. 4.00 Cr with Charge ID 101072055 was registered on 25 Mar 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 66.24 Cr registered on 23 Jun 2023 with Charge ID 100743230 was modified on 19 Mar 2025.
Charges
A charge with Others of Rs. 10.00 Cr registered on 09 Mar 2018 with Charge ID 100168738 was modified on 25 Feb 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.24 Cr with Charge ID 101070381 was registered on 03 Feb 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.24 Cr with Charge ID 101070383 was registered on 03 Feb 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.28 Cr with Charge ID 101070389 was registered on 03 Feb 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.24 Cr with Charge ID 101070391 was registered on 03 Feb 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.27 Cr with Charge ID 101070393 was registered on 03 Feb 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.27 Cr with Charge ID 101070405 was registered on 03 Feb 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.27 Cr with Charge ID 101070408 was registered on 03 Feb 2025.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 101047893 was registered on 14 Jan 2025.

128 earlier events are in the company report.

Frequently asked questions

Randhawa Automobile Engineering is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 11 June 1998 (28+ years old) and is registered under CIN U28920MH1998PTC115322.

Randhawa Automobile Engineering has 3 current directors:

The latest financial statements of Randhawa Automobile Engineering 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 Randhawa Automobile Engineering is 27AABCR6869A1ZB, registered in Maharashtra.

The CIN (Corporate Identification Number) of Randhawa Automobile Engineering is U28920MH1998PTC115322. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Randhawa Automobile Engineering has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending.

Randhawa Automobile Engineering was incorporated on 11 June 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.

Randhawa Automobile Engineering has 7 deals on record (3 rights issues, 2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹95 Lakh; the latest was in March 2024.

Palwinder Kaur Randhawa ceased to be Director on 26 Aug 2013. Gurprit Singh Mehar Singh Randhawa was appointed as Director on 03 Feb 2006. Gurjitsingh Meharsingh Randhawa was appointed as Director on 11 Jun 1998. Randhawa Automobile Engineering has 5 board changes on record in total.

Randhawa Automobile Engineering can be reached through the website randhawamotors.com. Its registered office is in Navi Mumbai, Maharashtra, India.