About Tyre Discounters Private Limited
Data last updated:
Tyre Discounters 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 23 December 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2013PTC072681. Its GSTIN is 29AAECT8701C1ZF (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.45 Lakh. It is led by directors Sanjeev Narendra Agrawal and Rajesh Agrawal.
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 No – 115 Lalbagh Fort Road Near Minerva Circle, Bangalore, Karnataka, India – 560004.
As per the financials filed for FY 2024, the company reported a revenue of ₹40.56 Lakh, a decline of 56% compared to the previous year. For the same year it recorded a net loss of ₹78.98 Lakh (net margin -194.7%) and EBITDA of -₹76.47 Lakh (EBITDA margin -188.5%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 3% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Tyremarket. The company has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹3.31 Cr; the latest was in December 2017.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tyremarket.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Apps
- Registered AddressNo – 115 Lalbagh Fort Road Near Minerva Circle, Bangalore, Karnataka, India – 560004
- IndustryAutomotive, Auto Dealership & Trading
- 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 of Tyre Discounters Private Limited
The main business activity of Tyre Discounters 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 |
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 Tyre Discounters Private Limited FY 2025 filings available
Tyre Discounters Private Limited reported revenue of ₹40.56 Lakh (down 56% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Tyre Discounters Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 56% fall in the latest year. EBITDA fell 190% 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 Tyre Discounters Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | -₹76.47 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹78.98 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 Tyre Discounters Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -188.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -194.7% | •••• | •••• | •••• | •••• |
| 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 Tyre Discounters are in the company report.
Financial statements from 2015
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.
Auditor Details of Tyre Discounters Private Limited
Tyre Discounters Private Limited is audited by B.S. Dinesh & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B.S. Dinesh & 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 Tyre Discounters Private Limited
Tyre Discounters has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjeev Narendra Agrawal | Director | 15 Jun 2015 | 11 Years 3 Months | Current |
| Rajesh Agrawal | Director | 23 Dec 2013 | 12 Years 9 Months | Current |
Ownership and Shareholding of Tyre Discounters 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 Tyre Discounters Private Limited
Tyre Discounters Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Tyre Discounters Private Limited
Tyre Discounters Private Limited has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹3.31 Cr; the latest was in December 2017.
Deals on record (3 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2017 | Funding round | ₹33.3 Lakh | Investors: The Welch Group Limited |
| Dec 2015 | Funding round | ₹38.5 Lakh | Investors: 3 individuals |
| Jun 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Tyre Discounters Private Limited
Tyre Discounters operates one associated brand: Tyremarket. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online marketplace for buying car and bike tyre | tyremarket.com |
Employees and EPFO Compliance at Tyre Discounters Private Limited
Tyre Discounters Private Limited has a workforce of 6 employees as of Apr 03, 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.
News related to Tyre Discounters Private Limited
Recent Activity on Tyre Discounters Private Limited
Tyre Discounters Private Limited has 4 board changes on record since 2013: 3 appointments and 1 cessation. The latest: Indu Agrawal ceased to be Director on 15 Jun 2015.
Credit Ratings, Litigation & Regulatory Alerts for Tyre Discounters 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 Tyre Discounters 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 Tyre Discounters 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 Tyre Discounters Private Limited
Tyre Discounters has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECT8701C1ZF | Karnataka | Active | 01 Jul 2017 |
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 Tyre Discounters 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 Tyre Discounters Private Limited
Tyre Discounters 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 23 December 2013 (13+ years old) and is registered under CIN U74900KA2013PTC072681.
Tyre Discounters reported revenue of ₹40.56 Lakh for FY 2024 (down 56% YoY).
Tyre Discounters has 2 current directors:
- Sanjeev Narendra Agrawal - Director
- Rajesh Agrawal - Director
Tyre Discounters reported a net loss of ₹78.98 Lakh (net margin -194.7%) and EBITDA of -₹76.47 Lakh (EBITDA margin -188.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Tyre Discounters is 12% over three years and -3% over five years. In the latest year (FY 2024) revenue fell 56%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Tyre Discounters is 29AAECT8701C1ZF, registered in Karnataka.
The CIN (Corporate Identification Number) of Tyre Discounters is U74900KA2013PTC072681. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tyre Discounters was incorporated on 23 December 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
Tyre Discounters has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹3.31 Cr; the latest was in December 2017.
Indu Agrawal ceased to be Director on 15 Jun 2015. Sanjeev Narendra Agrawal was appointed as Director on 15 Jun 2015. Indu Agrawal was appointed as Director on 23 Dec 2013. Tyre Discounters has 4 board changes on record in total.