Trustnride Vehicles Private Limited

Trustnride Vehicles Private Limited - automotive in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U50401DL2019PTC351418 Incorporated 14 June 2019 ROC Delhi HQ New Delhi, Delhi, India
Active Private Limited Company automotive MSME · Medium
Data last updated
Revenue · FY 2025
₹68,000
▼ 98% YoY
Net loss · FY 2025
₹4.38 Lakh
Latest filing
EBITDA · FY 2025
-₹4.38 Lakh
Latest filing
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1,000
Issued & subscribed
Satisfied charges
₹140.5 Cr
No open charges
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings

About Trustnride Vehicles Private Limited

Data last updated:

Trustnride Vehicles Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 14 June 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U50401DL2019PTC351418. Its GSTIN is 06AAHCT3813A1ZT (Haryana). The company holds 22 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1,000. It is led by directors Narayanswamy Krishnan and Reddappa.

Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 54 Basement Gulmohar Park, New Delhi, Delhi, India – 110049.

As per the financials filed for FY 2025, the company reported a revenue of ₹68,000, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹4.38 Lakh and EBITDA of -₹4.38 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 97% over three years and 80% over five years.

As per MCA filings, the company has satisfied charges of ₹140.5 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 2 cases are pending. The company has 2 deals on record (2 debt financings), with disclosed funding of ₹14.5 Cr; the latest was in April 2021. Its 5 peer companies in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading) are compared by revenue, 2 larger and 3 smaller; the largest is Barnala Autos Pvt Ltd with revenue of ₹69,420. The company has 4 MSME Form 1 returns on record for the period ending Sep 2022, listing 7 overdue payments to 3 micro and small suppliers.

Trustnride Vehicles Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-02-0020702). For more details, the company can be reached via its website trustnride.co.in.

Company details

CIN U50401DL2019PTC351418
Registration Number 351418
Incorporation Date 14 June 2019
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Medium
Udyam Registration UDYAM-KR-02-0020702
Key People
Narayanswamy Krishnan Director Reddappa Director

Recognitions & Rankings of Trustnride Vehicles

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-KR-02-0020702

Contact details

Trustnride Vehicles Private Limited's registered office is in New Delhi, Delhi. Its website is trustnride.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    trustnride.co.in
  • Registered Address
    A – 54 Basement Gulmohar Park, New Delhi, Delhi, India – 110049
  • Industry
    Automotive, Auto Dealership & Trading

To see the full contact details of Trustnride Vehicles Private Limited, buy the company report.

Comprehensive company report
Trustnride Vehicles 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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Financials of Trustnride Vehicles Private Limited

FY 2025 filings available

Trustnride Vehicles Private Limited reported revenue of ₹68,000 (down 98% YoY) for FY 2025.

Revenue · FY 2025
₹68,000 ▼ 98%
Net loss · FY 2025
₹4.38 Lakh
EBITDA · FY 2025
-₹4.38 Lakh

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 98%
3 years · compounded
▼ 97%
5 years · compounded
▼ 80%
EBITDA CAGR growth
1 year
▲ 90%
3 years · compounded
▼ 26%
5 years · compounded
▼ 15%

Revenue has declined at a compounded annual rate (CAGR) of 80% over five years, including a 98% fall in the latest year. EBITDA rose 90% 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-₹4.38 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹4.38 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 Margin
Net Profit Margin
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 Trustnride Vehicles Private Limited, buy the company report.

Board of directors of Trustnride Vehicles Private Limited

Trustnride Vehicles has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Narayanswamy Krishnan
Also directs: SDX Partners LLP, Fungised Solutions Private Limited, Zivanti Clothing Private Limited and 5 more
Director06 Nov 20233 Years 0 MonthsCurrent
Reddappa
Also directs: Next2new Vehicles Private Limited, Herbaceous Retail Private Limited, Fingerprints Fashions Private Limited and 5 more
Director06 Nov 20233 Years 0 MonthsCurrent
View all directors

Peer comparison

Trustnride Vehicles Private Limited is compared with the 5 companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Barnala Autos Pvt Ltd₹69,420 (FY 2023)-96.0%Punjab, India
Eros Auto Private Limited₹68,794 (FY 2025)19.0%Nagpur, Maharashtra, India
Trustnride Vehicles Private Limitedthis company₹68,000 (FY 2025)-₹4.38 Lakh-98.0%New Delhi, Delhi, India
DGS Auto Works Private Limited₹66,595 (FY 2025)-56.0%Agra, Uttar Pradesh, India
Srinathji Motors Private Limited₹65,707 (FY 2018)Delhi, India
Aqma Agroventures Private Limited₹63,270 (FY 2024)-39.0%Chennai, Tamil Nadu, India

To see the full peer comparison of Trustnride Vehicles Private Limited, buy the company report.

Auditor

Trustnride Vehicles Private Limited is audited by Barwal and Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Barwal and AssociatesFY 2023022378N

Shareholding

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

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

To see the full shareholding pattern of Trustnride Vehicles Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹140.5 Cr
Breakdown by lending institutions
Others₹123.50 Cr
Hdfc Bank Limited₹17.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
16 Sep 2022100623798Hdfc Bank Limited₹17 CrSatisfied
20 Jan 2022100535575Others₹12.5 CrSatisfied
08 Dec 2021100518922Others₹25 CrSatisfied
26 Oct 2021100501850Others₹12.5 CrSatisfied
27 Aug 2021100479664Others₹25 CrSatisfied

To see the full charge records of Trustnride Vehicles Private Limited, buy the company report.

Total charge records: 12 View all charges

Deals & funding

Trustnride Vehicles Private Limited has 2 deals on record (2 debt financings), with disclosed funding of ₹14.5 Cr; the latest was in April 2021.

Total deals
2
Debt financings
2
Disclosed funding
₹14.5 Cr

Deals on record (2 of 2)

WhenDealAmountParties
Apr 2021Debt financing₹8.5 CrInvestors: InnoVen Capital
Jan 2020Debt financing₹6 CrInvestors: Alteria Capital

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

MSME payment delays

Trustnride Vehicles Private Limited has 4 MSME Form 1 returns on record for the period ending Sep 2022, listing 7 overdue payments to 3 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 (3 of 3)

SupplierAmount dueDue sinceReported on
Trinity Auto Industries LLP
an individual supplier
an individual supplier

To see the full MSME payment records of Trustnride Vehicles Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Trustnride Vehicles has 22 GST registrations: 2 active and 20 cancelled or inactive.

Total GSTINs
22
Active
2
Cancelled / inactive
20
GSTINStateStatusRegistered on
06AAHCT3813A1ZTHaryanaActive14 Jun 2019
06AAGCN5694Q1ZKHaryanaActive04 Jul 2019

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

Recent activity

Trustnride Vehicles Private Limited has 6 board changes on record since 2019: 4 appointments and 2 cessations. The latest: Deepank Bhandari ceased to be Director on 06 Nov 2023.

AGM
Trustnride Vehicles Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Trustnride Vehicles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Ceased
Deepank Bhandari ceased to be Director.
Appointed
Narayanswamy Krishnan was appointed as Director.
Ceased
Rajinder Singh ceased to be Director.
Appointed
Reddappa was appointed as Director.
Charges
A charge registered on 20 Jan 2022 via Charge ID 100535575 with Others was fully satisfied on 09 Mar 2023.
Charges
A charge registered on 16 Sep 2022 via Charge ID 100623798 with Hdfc Bank Limited was fully satisfied on 08 Mar 2023.
Charges
A charge registered on 14 Oct 2020 via Charge ID 100393259 with Others was fully satisfied on 28 Feb 2023.
Charges
A charge registered on 20 Oct 2020 via Charge ID 100395913 with Others was fully satisfied on 18 Jan 2023.
Charges
A charge registered on 27 Aug 2021 via Charge ID 100479664 with Others was fully satisfied on 15 Dec 2022.
Charges
A charge registered on 17 Mar 2021 via Charge ID 100441240 with Others was fully satisfied on 09 Nov 2022.

25 earlier events are in the company report.

Frequently asked questions

Trustnride Vehicles is an active private limited company based in New Delhi, Delhi, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 14 June 2019 (7+ years old) and is registered under CIN U50401DL2019PTC351418.

Trustnride Vehicles has 2 current directors:

The latest financial statements of Trustnride Vehicles on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2020 are in the company report.

The GSTIN of Trustnride Vehicles is 06AAHCT3813A1ZT, registered in Haryana. The company has 22 GST registrations in all, of which 2 are active and 20 are cancelled or inactive. Other active GSTINs include 06AAGCN5694Q1ZK (Haryana).

The CIN (Corporate Identification Number) of Trustnride Vehicles is U50401DL2019PTC351418. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Trustnride Vehicles has 2 court cases on record: 2 filed by the company. 2 are pending.

Trustnride Vehicles was incorporated on 14 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Delhi.

Trustnride Vehicles has 2 deals on record (2 debt financings), with disclosed funding of ₹14.5 Cr; the latest was in April 2021.

The peers of Trustnride Vehicles by revenue are Barnala Autos Pvt Ltd, Eros Auto Private Limited, DGS Auto Works Private Limited, Srinathji Motors Private Limited, Aqma Agroventures Private Limited, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).

Deepank Bhandari ceased to be Director on 06 Nov 2023. Narayanswamy Krishnan was appointed as Director on 06 Nov 2023. Rajinder Singh ceased to be Director on 06 Nov 2023. Trustnride Vehicles has 6 board changes on record in total.

Yes, Trustnride Vehicles is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-02-0020702).

Trustnride Vehicles has 4 MSME Form 1 returns on record for the period ending Sep 2022, listing 7 overdue payments to 3 micro and small suppliers. The latest return was filed on 17 Oct 2022.