About Speedways Tyre Limited
Data last updated:
Speedways Tyre Limited is a public limited company based in Punjab, India. It operates in the bicycle mfg and retail segment of the automotive sector. It was incorporated on 26 October 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U25111PB1984PLC005994. Its GSTIN is 03AAECS1423J1ZQ (Punjab). The company holds 14 GST registrations, of which 12 are active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.16 Cr. It is led by directors including Arvinder Singh (Managing Director) and Sahil Sodhi.
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 Suchi Pind Bye Passg T Road Jalandhar, Punjab, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹153.69 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹7.59 Cr (net margin 4.9%) and EBITDA of ₹12.01 Cr (EBITDA margin 7.8%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 10% over five years.
The company has about 348 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹90 Lakh on record. Court records list 20 cases involving the company, including 19 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website speedways.co.in.
- EmailLocked
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- Website
- Social MediaLocked
- Registered AddressSuchi Pind Bye Passg T Road Jalandhar, Punjab, India
- IndustryAutomotive, Bicycle Mfg & Retail
- 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 Speedways Tyre Limited
The main business activity of Speedways Tyre is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | 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 Speedways Tyre Limited FY 2024 filings available
Speedways Tyre Limited reported revenue of ₹153.69 Cr (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Speedways Tyre Limited
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 8% growth in the latest year. EBITDA rose 21% 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 Speedways Tyre 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 | ₹12.01 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.59 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 Speedways Tyre Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Speedways Tyre 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.
Auditor Details of Speedways Tyre Limited
Speedways Tyre Limited is audited by G.S.SYAL & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G.S.SYAL & 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 Speedways Tyre Limited
Speedways Tyre has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sahil Sodhi Also directs: Fabkaari Hub LLP, Starlight Global Services Private Limited | Director | 01 Aug 2022 | 4 Years 2 Months | Current |
| Prabhjot Kaur | Director | 19 Jun 1992 | 34 Years 3 Months | Current |
| Arvinder Singh | Managing Director | 20 Dec 2005 | 20 Years 9 Months | Current |
| Sumit Gandhi Also directs: Habitare Infra Developers Private Limited | Director | 01 Aug 2022 | 4 Years 2 Months | Current |
| Jaspreet Singh | Director | 16 Sep 2005 | 21 Years 0 Months | Current |
Ownership and Shareholding of Speedways Tyre 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 Speedways Tyre Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 May 2024 | Others | ₹90 Lakh | Open |
Total charge records: 1 View all charges
Legal Cases of Speedways Tyre Limited
Speedways Tyre Limited has 20 court cases on record: 19 filed by Speedways Tyre, 1 filed against it. 1 case is pending and 19 are disposed. Status as checked between 30 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 19 | 1 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jalandhar, Punjab | Civil suit | Filed by the company against Dunlop Auto Tyres Private Limited | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Criminal complaint | Filed by the company against individuals | Pending |
| District court, Jalandhar, Punjab | Motor accident claim | Filed against the company by an individual | Disposed |
| District court, Jalandhar, Punjab | Cheque dishonour complaint | Filed by the company against an individual | Disposed |
| District court, Jalandhar, Punjab | Cheque dishonour complaint | Filed by the company against an individual | Disposed |
Full case history
All 20 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Speedways Tyre Limited
Speedways Tyre Limited has a workforce of 348 employees as of Aug 16, 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.
CIN History of Speedways Tyre Limited
Speedways Tyre has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U25111PB1984PLC005994, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25111PB1984PLC005994 | Current |
| U25111PB1992PLC005994 | Previous |
| U25111PB1992PTC005994 | Previous |
Recent Activity on Speedways Tyre Limited
Speedways Tyre Limited has 5 board changes on record since 1992: 5 appointments. The latest: Sahil Sodhi was appointed as Director on 01 Aug 2022.
Credit Ratings, Litigation & Regulatory Alerts for Speedways Tyre 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 Speedways Tyre 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 Speedways Tyre 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 Speedways Tyre Limited
Speedways Tyre has 14 GST registrations: 12 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAECS1423J1ZQ | Punjab | Active | 01 Jul 2017 |
| 06AAECS1423J1ZK | Haryana | Active | 01 Jul 2017 |
| 09AAECS1423J1ZE | Uttar Pradesh | Active | 01 Jul 2017 |
| 10AAECS1423J1ZV | Bihar | 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 Speedways Tyre 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 Speedways Tyre Limited
Speedways Tyre is an active public limited company based in Punjab, India. The company works in bicycle mfg and retail, within the automotive industry. It was incorporated on 26 October 1984 (42+ years old) and is registered under CIN U25111PB1984PLC005994.
Speedways Tyre reported revenue of ₹153.69 Cr for FY 2025 (up 8% YoY).
Speedways Tyre has 5 current directors:
- Arvinder Singh - Managing Director
- Sahil Sodhi - Director
- Prabhjot Kaur - Director
- Sumit Gandhi - Director
- Jaspreet Singh - Director
Speedways Tyre reported a net profit of ₹7.59 Cr (net margin 4.9%) and EBITDA of ₹12.01 Cr (EBITDA margin 7.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Speedways Tyre is 8% over three years and 10% over five years. In the latest year (FY 2025) revenue rose 8%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Speedways Tyre is 03AAECS1423J1ZQ, registered in Punjab. The company has 14 GST registrations in all, of which 12 are active and 2 are cancelled or inactive. Other active GSTINs include 06AAECS1423J1ZK (Haryana), 09AAECS1423J1ZE (Uttar Pradesh), 10AAECS1423J1ZV (Bihar).
The CIN (Corporate Identification Number) of Speedways Tyre is U25111PB1984PLC005994. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Speedways Tyre has 20 court cases on record: 19 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Speedways Tyre was incorporated on 26 October 1984, making it 42+ years old. It is registered with the Registrar of Companies, Chandigarh.
Sahil Sodhi was appointed as Director on 01 Aug 2022. Sumit Gandhi was appointed as Director on 01 Aug 2022. Arvinder Singh was appointed as Managing Director on 20 Dec 2005. Speedways Tyre has 5 board changes on record in total.