MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-KR-03-0134438
Torcente Motors Private Limited - e-commerce in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2020
₹2.3 Cr
▼ 50% YoY
Net loss · FY 2020
₹97.14 Lakh
Net margin -42.2%
EBITDA · FY 2020
-₹85.28 Lakh
EBITDA margin -37%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹28.07 Lakh
Issued & subscribed
Open charges
₹2.14 Cr
Secured borrowings
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
About Torcente Motors Private Limited
Data last updated:
Torcente Motors Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Metamorf Infotech Private Limited. It operates in the online automotive platforms segment of the e-commerce sector. It was incorporated on 27 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U50404KA2016PTC094500. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹28.07 Lakh. It is led by directors Bharat Amla and Arushi Amla.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at No.74 Naseerpride Groundandfirstfloor Madhavrayamudaliarroad Frazertown, Bangalore, Karnataka, India – 560005.
As per the financials filed for FY 2020, the company reported a revenue of ₹2.3 Cr, a decline of 50% compared to the previous year. For the same year it recorded a net loss of ₹97.14 Lakh (net margin -42.2%) and EBITDA of -₹85.28 Lakh (EBITDA margin -37%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years.
As per MCA filings, the company has open charges of ₹2.14 Cr on record.
Torcente Motors Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0134438). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website torcentemotorspvtltd.business.site.
Company Details of Torcente Motors Private Limited
CIN U50404KA2016PTC094500
Registration Number 094500
Incorporation Date 27 June 2016
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2020
Date of Balance Sheet 31 March 2020
Parent Company Metamorf Infotech Private Limited
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0134438
Key People
Bharat Amla Director Arushi Amla Director Recognitions & Rankings of Torcente Motors
Contact Details
- EmailLocked
- TelephoneLocked
- Social Media
- Registered AddressNo.74 Naseerpride Groundandfirstfloor Madhavrayamudaliarroad Frazertown, Bangalore, Karnataka, India – 560005
- IndustryE-Commerce, Online Automotive Platforms
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Business Activity of Torcente Motors Private Limited
The main business activity of Torcente Motors is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Financials of Torcente Motors Private Limited FY 2020 filings available
Torcente Motors Private Limited reported revenue of ₹2.3 Cr (down 50% YoY) for FY 2020.
Revenue · FY 2020
₹2.3 Cr ▼ 50%
Net loss · FY 2020
₹97.14 Lakh margin -42.2%
EBITDA · FY 2020
-₹85.28 Lakh margin -37%
Compounded Annual Growth Rate (CAGR) of Torcente Motors Private Limited
Revenue CAGR growth
1 year
▼ 50%
3 years · compounded
▼ 5%
EBITDA CAGR growth
1 year
▼ 215%
3 years · compounded
▲ 13%
Revenue has declined at a compounded annual rate (CAGR) of 5% over three years, including a 50% fall in the latest year. EBITDA fell 215% 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 Torcente Motors Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹2.3 Cr | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | -₹85.28 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹97.14 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 Torcente Motors Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -37% | •••• | •••• | •••• |
| Net Profit Margin | -42.2% | •••• | •••• | •••• |
| 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 Torcente Motors are in the company report.
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Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
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Board of Directors of Torcente Motors Private Limited
Torcente Motors has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharat Amla | Director | 27 Jun 2016 | 10 Years 3 Months | Current |
| Arushi Amla | Director | 27 Jun 2016 | 10 Years 3 Months | Current |
Peer Comparison of Torcente Motors Private Limited
Torcente Motors Private Limited is compared with the companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sunrise Marketing & Engineers Private Limited | ₹2.31 Cr (FY 2018) | •••• | •••• | 16.0% | •••• | Vadodara, Gujarat, India |
| Ankitrambo India Services Private Limited | ₹2.31 Cr (FY 2025) | •••• | •••• | 78.0% | •••• | Bangalore, Karnataka, India |
| Silver King Automotive Private Limited | ₹2.3 Cr (FY 2025) | •••• | •••• | 155.0% | •••• | New Delhi, Delhi, India |
| General Tyre Retreading Private Limited | ₹2.3 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Chennai, Tamil Nadu, India |
| Takekar Motors Private Limited | ₹2.3 Cr (FY 2022) | •••• | •••• | -55.0% | •••• | Dindori, Maharashtra, India |
| Torcente Motors Private Limited this company | ₹2.3 Cr (FY 2020) | •••• | •••• | -50.0% | •••• | Bangalore, Karnataka, India |
| Renew 4 U Automobiles Private Limited | ₹2.3 Cr (FY 2022) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Esya Engineering Private Limited | ₹2.29 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Bangalore, Karnataka, India |
| Midnapore Tyre Retreaders Pvt Ltd | ₹2.29 Cr (FY 2024) | •••• | •••• | 78.0% | •••• | Kolkata, West Bengal, India |
| Silentech Engineering Private Limited | ₹2.29 Cr (FY 2025) | •••• | •••• | 3451.0% | •••• | Pune, Maharashtra, India |
| Jayshree Wheels Private Limited | ₹2.29 Cr (FY 2016) | •••• | •••• | •••• | Nashik, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Torcente Motors by revenue in the Automobiles industry (Auto and Components Dealers), 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 Torcente Motors Private Limited
Torcente Motors Private Limited is audited by S G M & ASSOCIATES LLP for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S G M & ASSOCIATES LLP | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Torcente Motors Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Torcente Motors Private Limited
Open charges
₹2.14 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jun 2020 | State Bank of India | ₹64.45 Lakh | Open |
| 26 Dec 2016 | State Bank of India | ₹1.5 Cr | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Torcente Motors Private Limited
Employment history and EPFO contributions of people linked to Torcente Motors.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Recent Activity on Torcente Motors Private Limited
Torcente Motors Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Arushi Amla was appointed as Director on 27 Jun 2016.
AGM
Torcente Motors Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
Charges
A charge with State Bank Of India amounted to Rs. 64.45 Lakh with Charge ID 100345183 was registered on 29 Jun 2020.
Filing
Torcente Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Bangalore.
Charges
A charge with State Bank Of India amounted to Rs. 150.00 Lakh with Charge ID 100094767 was registered on 26 Dec 2016.
Appointed
Arushi Amla was appointed as Director.
Appointed
Bharat Amla was appointed as Director.
Incorporation
27 Jun 2016
Torcente Motors Private Limited was registered on 27 Jun 2016 with Roc Bangalore & aged 10 years 3 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Torcente Motors Private Limited
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Credit ratings, litigation, and regulatory alerts
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MSME Payment Delays by Torcente Motors Private Limited
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Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Torcente Motors Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Torcente Motors Private Limited
Torcente Motors has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
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MCA Filings & Documents of Torcente Motors Private Limited
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Frequently Asked Questions about Torcente Motors Private Limited
Torcente Motors is an active private limited company based in Bangalore, Karnataka, India. The company works in online automotive platforms, within the e-commerce industry. It was incorporated on 27 June 2016 (10+ years old) and is registered under CIN U50404KA2016PTC094500.
Torcente Motors reported revenue of ₹2.3 Cr for FY 2020 (down 50% YoY).
Torcente Motors has 2 current directors:
- Bharat Amla - Director
- Arushi Amla - Director
Torcente Motors reported a net loss of ₹97.14 Lakh (net margin -42.2%) and EBITDA of -₹85.28 Lakh (EBITDA margin -37%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Torcente Motors is -5% over three years. In the latest year (FY 2020) revenue fell 50%. CAGR is the steady yearly rate that links the first and the last year.
No. Torcente Motors has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Torcente Motors is U50404KA2016PTC094500. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Torcente Motors was incorporated on 27 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Torcente Motors by revenue are Sunrise Marketing & Engineers Private Limited, Ankitrambo India Services Private Limited, Silver King Automotive Private Limited, General Tyre Retreading Private Limited, Takekar Motors Private Limited and 5 more, all in the Automobiles industry (Auto and Components Dealers).
Arushi Amla was appointed as Director on 27 Jun 2016. Bharat Amla was appointed as Director on 27 Jun 2016.
Yes, Torcente Motors is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0134438).