Sethis Vehicles Private Limited
About Sethis Vehicles Private Limited
Data last updated:
Sethis Vehicles Private Limited is a private limited company based in Khandwa, Madhya Pradesh, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 30 January 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U50103MP2015PTC033782. Its GSTIN is 23AAVCS3813P1ZP (Madhya Pradesh).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Alok Sethi and Palash Sethi.
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 352 Indore Naka, Khandwa, Madhya Pradesh, India – 450001.
As per the financials filed for FY 2025, the company reported a revenue of ₹51.37 Cr, a growth of 53% compared to the previous year. For the same year it recorded a net profit of ₹1.87 Cr (net margin 3.6%) and EBITDA of ₹3.24 Cr (EBITDA margin 6.3%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 19% over five years.
The company has about 15 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹25.5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
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- WebsiteLocked
- Social MediaLocked
- Registered Address352 Indore Naka, Khandwa, Madhya Pradesh, India – 450001
- IndustryAutomotive, Auto Dealership & Trading
- 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 Sethis Vehicles Private Limited
The main business activity of Sethis Vehicles is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | 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 Sethis Vehicles Private Limited FY 2025 filings available
Sethis Vehicles Private Limited reported revenue of ₹51.37 Cr (up 53% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Sethis Vehicles Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 53% growth in the latest year. EBITDA rose 62% 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 Sethis Vehicles 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 | ₹3.24 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.87 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 of Sethis Vehicles Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.6% | •••• | •••• | •••• | •••• |
| 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 Sethis Vehicles 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 Sethis Vehicles Private Limited
Sethis Vehicles Private Limited is compared with the companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| V P Motors Private Limited | •••• | •••• | •••• | •••• | - | Bilaspur, Chattisgarh, India |
| Caculo Cars Private Limited | •••• | •••• | •••• | •••• | 141 | Panaji, Goa, India |
| J B Motors Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| East Africa Motors Limited | •••• | •••• | •••• | •••• | - | Dist Baroda, Gujarat, India |
| Falcon Progressive Ventures Private Limited | •••• | •••• | •••• | •••• | 55 | Jaipur, Rajasthan, India |
| Sethis Vehicles Private Limited this company | •••• | •••• | •••• | •••• | - | Khandwa, Madhya Pradesh, India |
| Pradeep Automotive Private Limited | •••• | •••• | •••• | •••• | 38 | Mumbai, Maharashtra, India |
| Prime Auto Cars Limited | •••• | •••• | •••• | •••• | 76 | Mathura Road, Delhi, India |
| Urmila Automobiles Private Limited | •••• | •••• | •••• | •••• | 18 | Siwan, Bihar, India |
| VPS Agro & Auto Private Limited | •••• | •••• | •••• | •••• | - | Haryana, India |
| Vivaan Automobiles Private Limited | •••• | •••• | •••• | •••• | - | Muzaffarpur, Bihar, India |
Peers are the five companies nearest above and the five nearest below Sethis Vehicles by revenue in the Automobiles industry (Auto and Components Dealers), 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 Sethis Vehicles Private Limited
Sethis Vehicles Private Limited is audited by S. PATEL AND CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S. PATEL AND CO. | 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 Sethis Vehicles Private Limited
Sethis Vehicles has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alok Sethi | Director | 30 Jan 2015 | 11 Years 8 Months | Current |
| Palash Sethi Also directs: Varco Infrastructure India Private Limited | Director | 30 Jan 2015 | 11 Years 8 Months | Current |
Ownership and Shareholding of Sethis Vehicles 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 Sethis Vehicles Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Dec 2025 | Others | ₹6 Cr | Open |
| 30 Dec 2025 | Others | ₹6.75 Cr | Open |
| 08 Feb 2023 | Bank of India | ₹6.75 Cr | Open |
| 05 Mar 2015 | State Bank of India | ₹6 Cr | Open |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Sethis Vehicles Private Limited
Sethis Vehicles Private Limited has a workforce of 15 employees as of Apr 06, 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 Sethis Vehicles Private Limited
Sethis Vehicles Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Alok Sethi was appointed as Director on 30 Jan 2015.
Credit Ratings, Litigation & Regulatory Alerts for Sethis Vehicles 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.
MSME Payment Delays by Sethis Vehicles Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Sethis Vehicles 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 Sethis Vehicles Private Limited
Sethis Vehicles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAVCS3813P1ZP | Madhya Pradesh | 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 Sethis Vehicles 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 Sethis Vehicles Private Limited
Sethis Vehicles is an active private limited company based in Khandwa, Madhya Pradesh, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 30 January 2015 (11+ years old) and is registered under CIN U50103MP2015PTC033782.
Sethis Vehicles reported revenue of ₹51.37 Cr for FY 2025 (up 53% YoY).
Sethis Vehicles has 2 current directors:
- Alok Sethi - Director
- Palash Sethi - Director
Sethis Vehicles reported a net profit of ₹1.87 Cr (net margin 3.6%) and EBITDA of ₹3.24 Cr (EBITDA margin 6.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sethis Vehicles is 33% over three years and 19% over five years. In the latest year (FY 2025) revenue rose 53%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Sethis Vehicles is 23AAVCS3813P1ZP, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Sethis Vehicles is U50103MP2015PTC033782. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sethis Vehicles was incorporated on 30 January 2015, making it 11+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Sethis Vehicles by revenue are V P Motors Private Limited, Caculo Cars Private Limited, J B Motors Private Limited, East Africa Motors Limited, Falcon Progressive Ventures Private Limited and 5 more, all in the Automobiles industry (Auto and Components Dealers).
Alok Sethi was appointed as Director on 30 Jan 2015. Palash Sethi was appointed as Director on 30 Jan 2015.
The registered office of Sethis Vehicles is at 352 Indore Naka, Khandwa, Madhya Pradesh, India – 450001.