About Sumati Cycles Private Limited
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Sumati Cycles Private Limited is a private limited company based in Jugiana, Punjab, India. It operates in the bicycle mfg and retail segment of the automotive sector. It was incorporated on 27 November 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U29308PB2020PTC052354. Its GSTIN is 03ABECS9765J1ZV (Punjab).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.4 Lakh. It is led by directors Srishti Raheja and Sachin Jain.
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 Uco Bank Road, Jugiana, Punjab, India – 141017.
As per the financials filed for FY 2024, the company reported a revenue of ₹33.47 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹19.9 Lakh (net margin 0.6%) and EBITDA of ₹1.01 Cr (EBITDA margin 3%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years.
The company has about 19 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹7 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company; 3 cases are pending.
For more details, the company can be reached via its website sumaticycles.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressUco Bank Road, Jugiana, Punjab, India – 141017
- 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 Sumati Cycles Private Limited
The main business activity of Sumati Cycles is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and 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 Sumati Cycles Private Limited FY 2025 filings available
Sumati Cycles Private Limited reported revenue of ₹33.47 Cr (down 11% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Sumati Cycles Private Limited
Revenue fell 11% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 29%. EBITDA rose 30% 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 Sumati Cycles Private Limited
| Metrics | 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 | ₹1.01 Cr | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹19.9 Lakh | •••• | •••• | •••• |
| 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 Sumati Cycles Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 3% | •••• | •••• | •••• |
| Net Profit Margin | 0.6% | •••• | •••• | •••• |
| 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 Sumati Cycles are in the company report.
Financial statements from FY 2021
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 Sumati Cycles Private Limited
Sumati Cycles 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| SKS Eco Wheels Private Limited | ₹44.53 Cr (FY 2024) | •••• | •••• | •••• | Ludhiana, Punjab, India | |
| Tipson Cycles Pvt Ltd | ₹43.68 Cr (FY 2024) | •••• | •••• | -29.0% | •••• | Punjab, India |
| Phoenix Motors (Motor Cycles Division) Private Limited | ₹41.04 Cr (FY 2024) | •••• | •••• | 20.0% | •••• | Telangana, India |
| Arpan International Limited | ₹37.89 Cr (FY 2018) | •••• | •••• | -32.0% | •••• | Ludhiana, Punjab, India |
| Surpal Cycles Private Limited | ₹35.02 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | New Delhi, Delhi, India |
| Sumati Cycles Private Limited this company | ₹33.47 Cr (FY 2024) | •••• | •••• | -11.0% | •••• | Jugiana, Punjab, India |
| Aneja Enterprises Private Limited | ₹32.42 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Lotus Cycles Limited | ₹30.32 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Ludhiana, Punjab, India |
| Milton Cycle Industries Limited | ₹29.9 Cr (FY 2025) | •••• | •••• | 516.0% | •••• | Haryana, India |
| NH Wheels Private Limited | ₹29.42 Cr (FY 2024) | •••• | •••• | 3.0% | •••• | Ludhiana, Punjab, India |
| Atlas Cycles (Haryana) Limited Listed | ₹28.8 Cr (FY 2025) | •••• | •••• | -48.0% | •••• | Haryana, India |
Peers are the five companies nearest above and the five nearest below Sumati Cycles 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 Sumati Cycles Private Limited
Sumati Cycles Private Limited is audited by J T J & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J T J & ASSOCIATES | 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 Sumati Cycles Private Limited
Sumati Cycles has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srishti Raheja | Director | 26 Feb 2021 | 5 Years 7 Months | Current |
| Sachin Jain Also directs: Chroma Components Private Limited | Director | 27 Nov 2020 | 5 Years 10 Months | Current |
Ownership and Shareholding of Sumati Cycles 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 Sumati Cycles Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Apr 2021 | Others | ₹7 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Sumati Cycles Private Limited
Sumati Cycles Private Limited has 4 court cases on record: 4 filed by Sumati Cycles. 3 cases are pending and 1 is disposed. Status as checked on 01 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 3 |
Cases on record (2 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against Sardar Cycle Trading Company | Pending |
| District court, Ludhiana, Punjab | Execution petition | Filed by the company against Bahrat Cycle Importing Co | Disposed |
Full case history
All 4 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 Sumati Cycles Private Limited
Sumati Cycles Private Limited has a workforce of 19 employees as of Apr 07, 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 Sumati Cycles Private Limited
Sumati Cycles Private Limited has 6 board changes on record since 2020: 2 appointments and 4 cessations. The latest: Kamlesh Gupta ceased to be Additional Director on 31 Dec 2021.
Credit Ratings, Litigation & Regulatory Alerts for Sumati Cycles 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 Sumati Cycles 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 Sumati Cycles 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 Sumati Cycles Private Limited
Sumati Cycles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03ABECS9765J1ZV | Punjab | Active | 16 Dec 2020 |
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 Sumati Cycles 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 Sumati Cycles Private Limited
Sumati Cycles is an active private limited company based in Jugiana, Punjab, India. The company works in bicycle mfg and retail, within the automotive industry. It was incorporated on 27 November 2020 (6+ years old) and is registered under CIN U29308PB2020PTC052354.
Sumati Cycles reported revenue of ₹33.47 Cr for FY 2024 (down 11% YoY).
Sumati Cycles has 2 current directors:
- Srishti Raheja - Director
- Sachin Jain - Director
Sumati Cycles reported a net profit of ₹19.9 Lakh (net margin 0.6%) and EBITDA of ₹1.01 Cr (EBITDA margin 3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sumati Cycles is 29% over three years. In the latest year (FY 2024) revenue fell 11%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Sumati Cycles is 03ABECS9765J1ZV, registered in Punjab.
The CIN (Corporate Identification Number) of Sumati Cycles is U29308PB2020PTC052354. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sumati Cycles has 4 court cases on record: 4 filed by the company. 3 are pending.
Sumati Cycles was incorporated on 27 November 2020, making it 6+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Sumati Cycles by revenue are SKS Eco Wheels Private Limited, Tipson Cycles Pvt Ltd, Phoenix Motors (Motor Cycles Division) Private Limited, Arpan International Limited, Surpal Cycles Private Limited and 5 more, all in the Automobiles industry (Cycles).
Kamlesh Gupta ceased to be Additional Director on 31 Dec 2021. Srishti Raheja ceased to be Additional Director on 31 Dec 2021. Manav Gupta ceased to be Director on 26 Feb 2021. Sumati Cycles has 6 board changes on record in total.