Turbo Wheels Private Limited

Turbo Wheels Private Limited - automotive in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U50402KA2013PTC072489 Incorporated 12 December 2013 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company automotive MSME · Small
Data last updated
Revenue · FY 2024
₹45.96 Cr
▲ 6% YoY
Net profit · FY 2024
₹1.2 Cr
Net margin 2.6%
EBITDA · FY 2024
₹2.27 Cr
EBITDA margin 4.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹6.82 Cr
Secured borrowings
Company age
13 yrs
Est. 2013
Employees · EPFO
86
Provident fund records

About Turbo Wheels Private Limited

Data last updated:

Turbo Wheels Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 12 December 2013 and has been in existence for over 13 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U50402KA2013PTC072489. Its GSTIN is 29AAECT8872A1Z3 (Karnataka).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Kanuri Lakshmi Narayana Aditya (Managing Director) and Ravichand Samineni (Whole-Time Director).

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 Bangalore, Karnataka.

As per the financials filed for FY 2024, the company reported a revenue of ₹45.96 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹1.2 Cr (net margin 2.6%) and EBITDA of ₹2.27 Cr (EBITDA margin 4.9%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years.

The company has about 86 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹6.82 Cr on record. Court records list 3 cases involving the company, including 3 filed against it.

Turbo Wheels Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-02-0006102). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U50402KA2013PTC072489
Registration Number 072489
Incorporation Date 12 December 2013
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-02-0006102

Recognitions & Rankings of Turbo Wheels

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-KR-02-0006102

Contact details

Turbo Wheels Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Katha No. 61 & 62 Arishinakunte Gram Panchayat Sy No.122/3A 7 122/4 Nelamangala Town Ka, Saba Hobli, Bangalore, Karnataka, India – 562123
  • Industry
    Automotive, Auto Dealership & Trading

To see the full contact details of Turbo Wheels Private Limited, buy the company report.

Comprehensive company report
Turbo Wheels 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 Turbo Wheels is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GWholesale and retail trade; repair of motor vehicles and motorcycles47Retail trade, except of motor vehicles and motorcycles

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

Financials of Turbo Wheels Private Limited

FY 2025 filings available

Turbo Wheels Private Limited reported revenue of ₹45.96 Cr (up 6% YoY) for FY 2024.

Revenue · FY 2024
₹45.96 Cr ▲ 6%
Net profit · FY 2024
₹1.2 Cr margin 2.6%
EBITDA · FY 2024
₹2.27 Cr margin 4.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▲ 35%
3 years · compounded
▲ 21%
5 years · compounded
▲ 8%

Revenue has grown at a compounded annual rate (CAGR) of 6% over three years, including 6% growth in the latest year. EBITDA rose 35% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹2.27 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.2 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin4.9%
Net Profit Margin2.6%
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

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

Board of directors of Turbo Wheels Private Limited

Turbo Wheels has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ravichand SamineniWhole-Time Director12 Dec 201312 Years 10 MonthsCurrent
Kanuri Lakshmi Narayana AdityaManaging Director12 Dec 201312 Years 10 MonthsCurrent

Auditor

Turbo Wheels Private Limited is audited by G P ASSOCIATES for the financial year 2021.

Auditor firmFinancial yearFirm registration number
G P ASSOCIATESFY 2021006734S

Shareholding

The shareholding of Turbo Wheels Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Turbo Wheels Private Limited, buy the company report.

Charges & borrowings

Open charges
₹6.82 Cr
Satisfied charges
None
Breakdown by lending institutions
Hdfc Bank Limited₹6.20 Cr
Axis Bank Limited₹0.62 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Sep 2021100488605Axis Bank Limited₹62 LakhOpen
13 May 201410515615Hdfc Bank Limited₹6.2 CrOpen

To see the full charge records of Turbo Wheels Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

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

Employees & EPFO

Turbo Wheels Private Limited has a workforce of 86 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
86
Active EPFO establishments
1
Employee growth
8.86%

GST

Turbo Wheels has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAECT8872A1Z3KarnatakaActive01 Jul 2017

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

Recent activity

Turbo Wheels Private Limited has 6 board changes on record since 2013: 2 appointments and 4 cessations. The latest: Ramadasam Samineni ceased to be Director on 21 Sep 2017.

AGM
Turbo Wheels Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Turbo Wheels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited of Rs. 620.00 Lakh registered on 13 May 2014 with Charge ID 10515615 was modified on 10 Jan 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 62.00 Lakh with Charge ID 100488605 was registered on 30 Sep 2021.
Ceased
Ramadasam Samineni ceased to be Director.
Ceased
Sathyavathi Kanuri ceased to be Director.
Ceased
Kanuri Lakshmi Narayana Aditya ceased to be Director.
Ceased
Ravichand Samineni ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 620.00 Lakh with Charge ID 10515615 was registered on 13 May 2014.
Appointed
Kanuri Lakshmi Narayana Aditya was appointed as Managing Director.
Appointed
Ravichand Samineni was appointed as Whole-Time Director.
Incorporation
12 Dec 2013
Turbo Wheels Private Limited was registered on 12 Dec 2013 with Roc Bangalore & aged 12 years 10 months as per MCA records.

Frequently asked questions

Turbo Wheels is an active private limited company based in Bangalore, Karnataka, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 12 December 2013 (13+ years old) and is registered under CIN U50402KA2013PTC072489.

Turbo Wheels has 2 current directors:

The latest financial statements of Turbo Wheels 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 2015 are in the company report.

The GSTIN of Turbo Wheels is 29AAECT8872A1Z3, registered in Karnataka.

The CIN (Corporate Identification Number) of Turbo Wheels is U50402KA2013PTC072489. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Turbo Wheels has 3 court cases on record: 3 filed against it.

Turbo Wheels was incorporated on 12 December 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.

Ramadasam Samineni ceased to be Director on 21 Sep 2017. Sathyavathi Kanuri ceased to be Director on 21 Sep 2017. Kanuri Lakshmi Narayana Aditya ceased to be Director on 01 Aug 2016. Turbo Wheels has 6 board changes on record in total.

Yes, Turbo Wheels is registered as a small enterprise under Udyam registration (number: UDYAM-KR-02-0006102).

The registered office of Turbo Wheels is at Katha No. 61 & 62 Arishinakunte Gram Panchayat Sy No.1223A 7 1224 Nelamangala Town Ka, Saba Hobli, Bangalore, Karnataka, India – 562123.