Team Cycle World Private Limited

Team Cycle World Private Limited - automotive in Anekal, Karnataka, India. FY 2026 financials & compliance.
CIN U74999KA2019PTC124974 Incorporated 06 June 2019 ROC Bangalore HQ Anekal, Karnataka, India
Active Private Limited Company automotive DPIIT Startup MSME · Small
Data last updated
Revenue · FY 2025
₹29.42 Cr
▼ 11% YoY
Net profit · FY 2025
₹56.47 Lakh
Net margin 1.9%
EBITDA · FY 2025
₹2.1 Cr
EBITDA margin 7.1%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹12.8 Lakh
Issued & subscribed
Open charges
₹12 Cr
Satisfied ₹1 Cr
Company age
7 yrs
Est. 2019
Employees · EPFO
30
Provident fund records

About Team Cycle World Private Limited

Data last updated:

Team Cycle World Private Limited is a private limited company based in Anekal, Karnataka, India, recognised as a startup by DPIIT. It operates in the bicycle mfg and retail segment of the automotive sector. It was incorporated on 06 June 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2019PTC124974. Its GSTIN is 29AAHCT3639C1Z9 (Karnataka).

The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹12.8 Lakh. It is led by directors Krishnasamy Deveraj and Sabitha Krishnasamy.

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 Anekal, Karnataka.

As per the financials filed for FY 2025, the company reported a revenue of ₹29.42 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹56.47 Lakh (net margin 1.9%) and EBITDA of ₹2.1 Cr (EBITDA margin 7.1%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 138% over five years.

The company has about 30 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹12 Cr and satisfied charges of ₹1 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company; 1 case is pending.

Team Cycle World Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0059818). For more details, the company can be reached via its website cycleworld.in.

Company details

CIN U74999KA2019PTC124974
Registration Number 124974
Incorporation Date 06 June 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-KR-03-0059818

Recognitions & Rankings of Team Cycle World

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-KR-03-0059818

Contact details

Team Cycle World Private Limited's registered office is in Anekal, Karnataka. Its website is cycleworld.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Site #536 Cycle World Avenue Bullet Venkatesh Reddy Layout Hulimanga, La Village, Anekal, Karnataka, India – 560105
  • Industry
    Automotive, Bicycle Mfg & Retail, Electrical and Bio Fuel Vehicles

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

Comprehensive company report
Team Cycle World 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 Team Cycle World is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

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

Financials of Team Cycle World Private Limited

FY 2025 filings available

Team Cycle World Private Limited reported revenue of ₹29.42 Cr (down 11% YoY) for FY 2025.

Revenue · FY 2025
₹29.42 Cr ▼ 11%
Net profit · FY 2025
₹56.47 Lakh margin 1.9%
EBITDA · FY 2025
₹2.1 Cr margin 7.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 11%
3 years · compounded
▼ 1%
5 years · compounded
▲ 138%
EBITDA CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 41%
5 years · compounded
▲ 193%

Revenue fell 11% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 138%. 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

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₹2.1 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹56.47 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin7.1%
Net Profit Margin1.9%
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

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

Board of directors of Team Cycle World Private Limited

Team Cycle World has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Krishnasamy DeverajDirector06 Jun 20197 Years 4 MonthsCurrent
Sabitha KrishnasamyDirector06 Jun 20197 Years 4 MonthsCurrent

Peer comparison

Team Cycle World Private Limited is compared with the 3 companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Shivansh Autozone Private Limited₹29.48 Cr (FY 2015)0.0%Mandi, Himachal Pradesh, India
Futuristics Motor Dealers Private Limited₹29.44 Cr (FY 2025)21.0%Mumbai, Maharashtra, India
Team Cycle World Private Limitedthis company₹29.42 Cr (FY 2025)₹56.47 Lakh1.9%-11.0%30Anekal, Karnataka, India
Vicon Wheels (India) Private Limited₹29.36 Cr (FY 2016)-45.0%Raipur, Chhattisgarh, India

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

Auditor

Team Cycle World Private Limited is audited by S S P G AND ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
S S P G AND ASSOCIATESFY 2023024713S

Shareholding

The shareholding of Team Cycle World Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.

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

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

Charges & borrowings

Open charges
₹12 Cr
Satisfied charges
₹1 Cr
Breakdown by lending institutions
The Hongkong and Shanghai Banking Corporation Limited₹9.00 Cr
Yes Bank Limited₹3.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
25 Jul 2025101144959The Hongkong and Shanghai Banking Corporation Limited₹9 CrOpen
23 Nov 2023100834419Yes Bank Limited₹3 CrOpen
13 Jun 2023100735849Hdfc Bank Limited₹1 CrSatisfied

To see the full charge records of Team Cycle World Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Team Cycle World Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Team Cycle World Private Limited has a workforce of 30 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
30
Active EPFO establishments
1
Employee growth
172.73%

GST

Team Cycle World has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAHCT3639C1Z9KarnatakaActive24 Jul 2019

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

Recent activity

Team Cycle World Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Krishnasamy Deveraj was appointed as Director on 06 Jun 2019.

Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 900.00 Lakh registered on 25 Jul 2025 with Charge ID 101144959 was modified on 03 Oct 2025.
AGM
Team Cycle World Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 900.00 Lakh with Charge ID 101144959 was registered on 25 Jul 2025.
Filing
Team Cycle World Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge registered on 13 Jun 2023 via Charge ID 100735849 with Hdfc Bank Limited was fully satisfied on 08 Jan 2024.
Charges
A charge with Yes Bank Limited amounted to Rs. 300.00 Lakh with Charge ID 100834419 was registered on 23 Nov 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 100.00 Lakh with Charge ID 100735849 was registered on 13 Jun 2023.
Appointed
Krishnasamy Deveraj was appointed as Director.
Appointed
Sabitha Krishnasamy was appointed as Director.
Incorporation
06 Jun 2019
Team Cycle World Private Limited was registered on 06 Jun 2019 with Roc Bangalore & aged 7 years 4 months as per MCA records.

Frequently asked questions

Team Cycle World is an active private limited company based in Anekal, Karnataka, India. The company works in bicycle mfg and retail, within the automotive industry. It was incorporated on 06 June 2019 (7+ years old) and is registered under CIN U74999KA2019PTC124974.

Team Cycle World has 2 current directors:

The latest financial statements of Team Cycle World on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.

The GSTIN of Team Cycle World is 29AAHCT3639C1Z9, registered in Karnataka.

The CIN (Corporate Identification Number) of Team Cycle World is U74999KA2019PTC124974. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Team Cycle World has 5 court cases on record: 5 filed by the company. 1 is pending.

Team Cycle World was incorporated on 06 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Team Cycle World by revenue are Shivansh Autozone Private Limited, Futuristics Motor Dealers Private Limited, Vicon Wheels (India) Private Limited, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (wholesale trading).

Krishnasamy Deveraj was appointed as Director on 06 Jun 2019. Sabitha Krishnasamy was appointed as Director on 06 Jun 2019.

Yes, Team Cycle World is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Team Cycle World is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0059818).