Stryder Cycle Private Limited

Stryder Cycle Private Limited - automotive in Ludhiana, Punjab, India. FY 2026 financials & compliance.
CIN U74999PB2019PTC049351 Incorporated 20 April 2019 ROC Chandigarh HQ Ludhiana, Punjab, India
Active Private Limited Company automotive
Data last updated
Revenue · FY 2025
₹224.64 Cr
▲ 7% YoY
Net profit · FY 2025
₹15.86 Cr
Net margin 7.1%
EBITDA · FY 2025
₹24.61 Cr
EBITDA margin 11%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Employees · EPFO
47
Provident fund records
Directors on board
5
As per MCA filings

About Stryder Cycle Private Limited

Data last updated:

Stryder Cycle Private Limited is a private limited company based in Ludhiana, Punjab, India, a subsidiary of Tata International Limited. It operates in the bicycle mfg and retail segment of the automotive sector. It was incorporated on 20 April 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U74999PB2019PTC049351. Its GSTIN is 03ABBCS9377H1Z3 (Punjab). The company holds 5 GST registrations, of which 4 are active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Manoj Kumar Jha and Mayuri Yuvraj Khatu.

Its last annual general meeting (AGM) was held on 11 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Property No. 1838 Plot No. B3 – 8 A – 4 Focal Point, Ludhiana, Punjab, India – 141010.

As per the financials filed for FY 2025, the company reported a revenue of ₹224.64 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹15.86 Cr (net margin 7.1%) and EBITDA of ₹24.61 Cr (EBITDA margin 11%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 14% over five years.

The company has about 47 employees on its provident fund (EPFO) records.

Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 1 case is pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹25.49 Cr; the latest was in November 2019. Its 10 peer companies in the Automobiles industry (Cycles) are compared by revenue, 5 larger and 5 smaller; the largest is Avon Cycles Ltd with revenue of ₹976.6 Cr. The company has 3 MSME Form 1 returns on record between 2021 and 2024, listing 142 overdue payments to 28 micro and small suppliers.

For more details, the company can be reached via its website stryderbikes.com.

Company Details of Stryder Cycle Private Limited
CIN U74999PB2019PTC049351
Registration Number 049351
Incorporation Date 20 April 2019
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 11 August 2025
Date of Balance Sheet 31 March 2025
Parent Company Tata International Limited
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    Property No. 1838 Plot No. B3 – 8 A – 4 Focal Point, Ludhiana, Punjab, India – 141010
  • Industry
    Automotive, Bicycle Mfg & Retail
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Financials, compliance, directors, charges, ownership and filings for Stryder Cycle Private Limited in one report.

Financials from FY 2020 Directors & ownership Charges & compliance

Business Activity of Stryder Cycle Private Limited

The main business activity of Stryder Cycle is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC11Motor vehicles, trailers, semi trailers and other Transport VehiclesLocked
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Turnover share and past changes in activity are in the company report.

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Financials of Stryder Cycle Private Limited FY 2025 filings available

Stryder Cycle Private Limited reported revenue of ₹224.64 Cr (up 7% YoY) for FY 2025.

Revenue · FY 2025
₹224.64 Cr ▲ 7%
Net profit · FY 2025
₹15.86 Cr margin 7.1%
EBITDA · FY 2025
₹24.61 Cr margin 11%

Compounded Annual Growth Rate (CAGR) of Stryder Cycle Private Limited

Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 12%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 12%
5 years · compounded
▲ 36%

Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 7% growth in the latest year. EBITDA rose 5% 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 Stryder Cycle Private Limited

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₹24.61 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹15.86 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 Stryder Cycle Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin11%••••••••••••••••
Net Profit Margin7.1%••••••••••••••••
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 Stryder Cycle are in the company report.

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Financial statements from FY 2020

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Peer Comparison of Stryder Cycle Private Limited

Stryder Cycle Private Limited is compared with the companies closest to it by revenue in the Automobiles industry (Cycles). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Avon Cycles Ltd₹976.6 Cr (FY 2025)••••••••-18.0%••••Punjab, India
Hero Ecotech Limited₹715.75 Cr (FY 2025)••••••••47.0%••••Village Mangli, Punjab, India
S K Bikes Private Limited₹423.56 Cr (FY 2024)••••••••33.0%••••Ludhiana, Punjab, India
Hindustan Cycles and Tubes Private Limited₹297.06 Cr (FY 2025)••••••••5.0%••••Punjab, India
Navyug Namdhari Eco Drive Private Limited₹246.68 Cr (FY 2025)••••••••21.0%••••Ludhiana, Punjab, India
Stryder Cycle Private Limited this company₹224.64 Cr (FY 2025)••••••••7.0%••••Ludhiana, Punjab, India
Kohinoor Cycles Private Limited₹221.14 Cr (FY 2025)••••••••75.0%••••Punjab, India
Trinity Cycles India Private Limited₹192.28 Cr (FY 2025)••••••••-5.0%••••Khandala, Maharashtra, India
Speedways Tyre Limited₹153.69 Cr (FY 2025)••••••••8.0%••••Punjab, India
Sprandom Private Limited₹130.62 Cr (FY 2025)••••••••1.0%••••Ludhiana, Punjab, India
HMC E-Valley Private Limited₹129.03 Cr (FY 2025)••••••••3.0%••••Ludhiana, Punjab, India

Peers are the five companies nearest above and the five nearest below Stryder Cycle by revenue in the Automobiles industry (Cycles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Stryder Cycle Private Limited

Stryder Cycle Private Limited is audited by S R B C & CO LLP for the financial year 2024.

NameStatusAppointment DateCessation Date
S R B C & CO LLPLockedLockedLocked
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Board of Directors of Stryder Cycle Private Limited

Stryder Cycle has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Manoj Kumar JhaDirector20 Apr 20197 Years 5 MonthsCurrent
Mayuri Yuvraj KhatuDirector20 Apr 20197 Years 5 MonthsCurrent
Lalit Kumar KasliwalDirector18 Nov 20214 Years 10 MonthsCurrent
Abhijeet Kumar MishraAdditional Director12 Sep 20251 Years 0 MonthsCurrent
Mrunal Manish PitkarDirector30 Apr 20251 Years 5 MonthsCurrent

Ownership and Shareholding of Stryder Cycle Private Limited

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Charges & Borrowings of Stryder Cycle Private Limited

Stryder Cycle Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Deals & Funding of Stryder Cycle Private Limited

Stryder Cycle Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹25.49 Cr; the latest was in November 2019.

Total deals
1
Funding round
1
Disclosed funding
₹25.49 Cr

Deals on record (1 of 1)

WhenDealAmountParties
Nov 2019Funding round₹25.49 CrInvestors: Tata International Limited
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MSME Payment Delays by Stryder Cycle Private Limited

Stryder Cycle Private Limited has 3 MSME Form 1 returns on record between 2021 and 2024, listing 142 overdue payments to 28 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 (5 of 28)

SupplierAmount dueDue sinceReported on
an individual supplier••••••••••••
Hulikkal Electro (India) Private Limited••••••••••••
Tru E Bikes Private Limited••••••••••••
an individual supplier••••••••••••
Faarms Global Tech Venture Private Limited••••••••••••
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Full MSME payment history

Every supplier, amount and due date from all 3 MSME Form 1 returns is in the company report.

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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.

Employees and EPFO Compliance at Stryder Cycle Private Limited

Stryder Cycle Private Limited has a workforce of 47 employees as of Apr 07, 2024.

Employee count
47
Active EPFO establishments
1
Employee growth
4.44%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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News related to Stryder Cycle Private Limited

Recent Activity on Stryder Cycle Private Limited

Stryder Cycle Private Limited has 10 board changes on record since 2019: 5 appointments and 5 cessations. The latest: Abhijeet Kumar Mishra was appointed as Additional Director on 12 Sep 2025.

Appointed
Abhijeet Kumar Mishra was appointed as Additional Director.
Ceased
Manoj Kumar Jha ceased to be Director.
AGM
Stryder Cycle Private Limited last Annual general meeting of members was held on 11 Aug 2025 as per latest MCA records.
Ceased
Mrunal Manish Pitkar ceased to be Additional Director.
Appointed
Mrunal Manish Pitkar was appointed as Director.
Ceased
Mayuri Yuvraj Khatu ceased to be Director.
Filing
Stryder Cycle Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Ceased
Lalit Kumar Kasliwal ceased to be Additional Director.
Appointed
Lalit Kumar Kasliwal was appointed as Director.
Ceased
Ajay Murlidhar Ponkshe ceased to be Director.
Appointed
Manoj Kumar Jha was appointed as Director.
Appointed
Mayuri Yuvraj Khatu was appointed as Director.

1 earlier event is listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Stryder Cycle Private Limited

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Subsidiaries & Group Companies of Stryder Cycle Private Limited

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GST Compliance of Stryder Cycle Private Limited

Stryder Cycle has 5 GST registrations: 4 active and 1 cancelled or inactive.

Total GSTINs
5
Active
4
Cancelled / inactive
1
GSTINStateStatusRegistered on
03ABBCS9377H1Z3PunjabActive07 Aug 2019
19ABBCS9377H1ZQWest BengalActive07 Aug 2019
33ABBCS9377H1Z0Tamil NaduActive25 Sep 2021
27ABBCS9377H1ZTMaharashtraActive06 Oct 2021
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MCA Filings & Documents of Stryder Cycle Private Limited

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Frequently Asked Questions about Stryder Cycle Private Limited

Stryder Cycle is an active private limited company based in Ludhiana, Punjab, India. The company works in bicycle mfg and retail, within the automotive industry. It was incorporated on 20 April 2019 (7+ years old) and is registered under CIN U74999PB2019PTC049351.

Stryder Cycle reported revenue of ₹224.64 Cr for FY 2025 (up 7% YoY).

Stryder Cycle has 5 current directors:

Stryder Cycle reported a net profit of ₹15.86 Cr (net margin 7.1%) and EBITDA of ₹24.61 Cr (EBITDA margin 11%) for FY 2025, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Stryder Cycle is 12% over three years and 14% over five years. In the latest year (FY 2025) revenue rose 7%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Stryder Cycle is 03ABBCS9377H1Z3, registered in Punjab. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 19ABBCS9377H1ZQ (West Bengal), 33ABBCS9377H1Z0 (Tamil Nadu), 27ABBCS9377H1ZT (Maharashtra).

The CIN (Corporate Identification Number) of Stryder Cycle is U74999PB2019PTC049351. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Stryder Cycle has 3 court cases on record: 2 filed by the company and 1 filed against it. 1 is pending.

Stryder Cycle was incorporated on 20 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chandigarh.

Stryder Cycle has 1 deal on record (1 funding round), with disclosed funding of ₹25.49 Cr; the latest was in November 2019.

The peers of Stryder Cycle by revenue are Avon Cycles Ltd, Hero Ecotech Limited, S K Bikes Private Limited, Hindustan Cycles and Tubes Private Limited, Navyug Namdhari Eco Drive Private Limited and 5 more, all in the Automobiles industry (Cycles).

Abhijeet Kumar Mishra was appointed as Additional Director on 12 Sep 2025. Manoj Kumar Jha ceased to be Director on 12 Sep 2025. Mrunal Manish Pitkar ceased to be Additional Director on 10 Aug 2025. Stryder Cycle has 10 board changes on record in total.

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