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 MSME · Medium
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 6 peer companies in the Automobiles industry (Cycles), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles) are compared by revenue, 3 larger and 3 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.

Stryder Cycle Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0042597). For more details, the company can be reached via its website stryderbikes.com.

Company details

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
MSME Classification Medium
Udyam Registration UDYAM-PB-12-0042597
Key People
Manoj Kumar Jha Director Mayuri Yuvraj Khatu Director Lalit Kumar Kasliwal Director

Recognitions & Rankings of Stryder Cycle

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-PB-12-0042597

Contact details

Stryder Cycle Private Limited's registered office is in Ludhiana, Punjab. Its website is stryderbikes.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    stryderbikes.com
  • Social Media
  • Registered Address
    Property No. 1838 Plot No. B3 – 8 A – 4 Focal Point, Ludhiana, Punjab, India – 141010
  • Industry
    Automotive, Bicycle Mfg & Retail

To see the full contact details of Stryder Cycle Private Limited, buy the company report.

Comprehensive company report
Stryder Cycle 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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Business activity

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 codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC11Motor vehicles, trailers, semi trailers and other Transport Vehicles

To see the full business activity and turnover split of Stryder Cycle Private Limited, buy the company report.

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)

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

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

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

To see the full financial statements and ratios of Stryder Cycle Private Limited, buy the company report.

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 Jha
Also directs: Royal Sandur Medtech Private Limited, Royal Sandur Hospitality Private Limited, Royal Sandur Academy Private Limited
Director20 Apr 20197 Years 6 MonthsCurrent
Mayuri Yuvraj KhatuDirector20 Apr 20197 Years 6 MonthsCurrent
Lalit Kumar Kasliwal
Also directs: Jinendra Seva Foundation
Director18 Nov 20214 Years 11 MonthsCurrent
Abhijeet Kumar MishraAdditional Director12 Sep 20251 Years 1 MonthsCurrent
Mrunal Manish PitkarDirector30 Apr 20251 Years 6 MonthsCurrent
View all directors

Peer comparison

Stryder Cycle Private Limited is compared with the 6 companies closest to it by revenue in the Automobiles industry (Cycles), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles), from the latest filed financials of each company.

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
Stryder Cycle Private Limitedthis company₹224.64 Cr (FY 2025)₹15.86 Cr7.1%7.0%47Ludhiana, Punjab, India
Kohinoor Cycles Private Limited₹221.14 Cr (FY 2025)75.0%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

To see the full peer comparison of Stryder Cycle Private Limited, buy the company report.

Auditor

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

Auditor firmFinancial yearFirm registration number
S R B C & CO LLPFY 2024324982E/E300003

Shareholding

The shareholding of Stryder Cycle Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2024FY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Stryder Cycle Private Limited, buy the company report.

Deals & funding

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

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

MSME payment delays

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

To see the full MSME payment records of Stryder Cycle Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Stryder Cycle Private Limited has a workforce of 47 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
47
Active EPFO establishments
1
Employee growth
4.44%

GST

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

To see the full GST registrations and return filing status of Stryder Cycle Private Limited, buy the company report.

Recent activity

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 in the company report.

News

Frequently asked questions

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 has 5 current directors:

The latest financial statements of Stryder Cycle on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 11 August 2025. Year-wise statements from FY 2020 are in the company report.

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, Kohinoor Cycles Private Limited, Sprandom Private Limited and 1 more, all in the Automobiles industry (Cycles), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles).

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.

Yes, Stryder Cycle is registered as a medium enterprise under Udyam registration (number: UDYAM-PB-12-0042597).

Stryder Cycle has 3 MSME Form 1 returns on record between 2021 and 2024, listing 142 overdue payments to 28 micro and small suppliers. The latest return was filed on 30 Apr 2024.