Veeteejay Motors Private Limited

Veeteejay Motors Private Limited - automotive in Kochi, Kerala, India. FY 2026 financials & compliance.
CIN U50100KL2010PTC025722 Incorporated 19 March 2010 ROC Ernakulam HQ Kochi, Kerala, India
Active Private Limited Company automotive MSME · Medium
Revenue · FY 2022
₹41.73 Cr
▼ 18% YoY
Net profit · FY 2022
₹47.13 Lakh
Net margin 1.1%
EBITDA · FY 2022
₹4.97 Cr
EBITDA margin 11.9%
Authorised capital
₹24.9 Cr
Registered with MCA
Paid-up capital
₹22 Cr
Issued & subscribed
Open charges
₹46.67 Cr
Satisfied ₹32.97 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
21
Provident fund records

About Veeteejay Motors Private Limited

Data last updated:

Veeteejay Motors Private Limited is a private limited company based in Kochi, Kerala, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 19 March 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U50100KL2010PTC025722. Its GSTIN is 32AADCV4798E1Z6 (Kerala).

The company has an authorised share capital of ₹24.9 Cr and a paid-up capital of ₹22 Cr. It is led by directors Thomas J Vayalat (Managing Director) and Sudheesh Babu.

Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 1/575G NH 47 Byepass Road Kannadikkadu Maradu (P.O), Kochi, Kerala, India – 682304.

As per the financials filed for FY 2022, the company reported a revenue of ₹41.73 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹47.13 Lakh (net margin 1.1%) and EBITDA of ₹4.97 Cr (EBITDA margin 11.9%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 14% over five years.

The company has about 21 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹46.67 Cr and satisfied charges of ₹32.97 Cr on record. Court records list 18 cases involving the company, including 6 filed by the company and 12 filed against it; 6 cases are pending. The company has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹19.99 Cr; the latest was in October 2022. Its 4 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 2 smaller; the largest is Premium Motocorp India Private Limited with revenue of ₹79.45 Cr.

Veeteejay Motors Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-02-0000623). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vtj.hyundaimotor.in.

Company details

CIN U50100KL2010PTC025722
Registration Number 025722
Incorporation Date 19 March 2010
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KL-02-0000623
Key People
Thomas J Vayalat Managing Director Sudheesh Babu Director

Recognitions & Rankings of Veeteejay Motors

MSME (Udyam registered) Ministry of MSME
Category
Medium (2022-23)
Udyam number
UDYAM-KL-02-0000623

Contact details

Veeteejay Motors Private Limited's registered office is in Kochi, Kerala. Its website is vtj.hyundaimotor.in. Its e-mail address is in the company report.

  • Email
  • Website
    vtj.hyundaimotor.in
  • Social Media
  • Registered Address
    1/575G NH 47 Byepass Road Kannadikkadu Maradu (P.O), Kochi, Kerala, India – 682304
  • Industry
    Automotive, Auto Dealership & Trading

To see the full contact details of Veeteejay Motors Private Limited, buy the company report.

Comprehensive company report
Veeteejay Motors 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 Veeteejay Motors is trade. In detail, this covers retail trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading

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

Financials of Veeteejay Motors Private Limited

FY 2022 filings available

Veeteejay Motors Private Limited reported revenue of ₹41.73 Cr (down 18% YoY) for FY 2022.

Revenue · FY 2022
₹41.73 Cr ▼ 18%
Net profit · FY 2022
₹47.13 Lakh margin 1.1%
EBITDA · FY 2022
₹4.97 Cr margin 11.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 18%
3 years · compounded
▼ 18%
5 years · compounded
▼ 14%
EBITDA CAGR growth
3 years · compounded
▼ 1%
5 years · compounded
▲ 11%

Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 18% fall 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 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations₹41.73 Cr
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹4.97 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹47.13 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 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin11.9%
Net Profit Margin1.1%
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 Veeteejay Motors Private Limited, buy the company report.

Board of directors of Veeteejay Motors Private Limited

Veeteejay Motors has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sudheesh Babu
Also directs: Veeteejay Mobikes Private Limited
Director01 Feb 201610 Years 9 MonthsCurrent
Thomas J Vayalat
Also directs: Malabar Arabian Fisheries Ltd, Veeteejay Mobikes Private Limited, Veeteejay Exim Private Limited and 1 more
Managing Director19 Mar 201016 Years 7 MonthsCurrent
View all directors

Peer comparison

Veeteejay Motors Private Limited is compared with the 4 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
Premium Motocorp India Private Limited₹79.45 Cr (FY 2025)-17.0%Rewari, Haryana, India
Durgesh Motors Private Limited₹79.4 Cr (FY 2025)-10.0%Cuttack, Odisha, India
Baidyanath Automobiles Private Limited₹78.81 Cr (FY 2024)21.0%Deoghar, Jharkhand, India
Singh Cycle and Motor Co. Private Limited₹78.8 Cr (FY 2017)700.0%Pune, Maharashtra, India
Veeteejay Motors Private Limitedthis company₹41.73 Cr (FY 2022)₹47.13 Lakh1.1%-18.0%Kochi, Kerala, India

To see the full peer comparison of Veeteejay Motors Private Limited, buy the company report.

Shareholding

The shareholding of Veeteejay Motors Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2019FY 2018FY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Veeteejay Motors Private Limited, buy the company report.

Charges & borrowings

Open charges
₹46.67 Cr
Satisfied charges
₹32.97 Cr
Breakdown by lending institutions
The South Indian Bank Limited₹21.62 Cr
Ing Vysya Bank Limited₹12.50 Cr
Kotak Mahindra Bank Limited₹7.26 Cr
State Bank of India₹4.90 Cr
Others₹0.39 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
11 Nov 2021100518510The South Indian Bank Limited₹7.5 CrOpen
11 Nov 2021100518512The South Indian Bank Limited₹1.85 CrOpen
08 Oct 2021100492683Others₹39.23 LakhOpen
11 Jul 2019100280591The South Indian Bank Limited₹28.47 LakhOpen
29 Jun 2019100271487State Bank of India₹4.9 CrOpen

To see the full charge records of Veeteejay Motors Private Limited, buy the company report.

Total charge records: 20 View all charges

Deals & funding

Veeteejay Motors Private Limited has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹19.99 Cr; the latest was in October 2022.

Total deals
6
Funding rounds
3
Secondary share transfers
2
Rights issue
1
Disclosed funding
₹19.99 Cr

Deals on record (5 of 6)

WhenDealAmountParties
Oct 2022Funding round₹13 CrInvestors: 2 individuals
Jun 2019Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Feb 2016Rights issue₹2 CrInvestors: an individual
Sep 2015Secondary share transferUndisclosedBuyer: an individual
Seller: Veeteejay Exim Private Limited
Aug 2011Funding round₹2.99 CrInvestors: Veeteejay Exim Private Limited , 3 individuals

To see the full deal history of Veeteejay Motors Private Limited, buy the company report.

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

Credit ratings & regulatory alerts

Veeteejay Motors Private Limited was last rated by Crisil on 26 Mar 2021.

Rating agencyRated onRating
Crisil26 Mar 2021

To see the full credit ratings and regulatory alerts of Veeteejay Motors Private Limited, buy the company report.

MSME payment delays

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

GST

Veeteejay Motors has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
32AADCV4798E1Z6KeralaActive01 Jul 2017

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

Recent activity

Veeteejay Motors Private Limited has 7 board changes on record since 2010: 2 appointments and 5 cessations. The latest: Joseph Thomas Vayalat ceased to be Additional Director on 30 Sep 2019.

Charges
A charge registered on 30 Nov 2019 via Charge ID 100336785 with Others was fully satisfied on 15 Dec 2022.
Charges
A charge registered on 30 Nov 2019 via Charge ID 100336786 with Others was fully satisfied on 15 Dec 2022.
Charges
A charge with State Bank Of India of Rs. 4.90 Cr registered on 29 Jun 2019 with Charge ID 100271487 was modified on 25 Oct 2022.
AGM
Veeteejay Motors Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Veeteejay Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Ernakulam.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 7.50 Cr with Charge ID 100518510 was registered on 11 Nov 2021.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 1.85 Cr with Charge ID 100518512 was registered on 11 Nov 2021.
Charges
A charge with The South Indian Bank Limited of Rs. 11.98 Cr registered on 16 Oct 2017 with Charge ID 100137911 was modified on 11 Nov 2021.
Charges
A charge with Others amounted to Rs. 0.39 Cr with Charge ID 100492683 was registered on 08 Oct 2021.
Charges
A charge registered on 18 Apr 2019 via Charge ID 100264286 with Others was fully satisfied on 03 Mar 2021.
Charges
A charge with Others amounted to Rs. 0.28 Cr with Charge ID 100336785 was registered on 30 Nov 2019.
Charges
A charge with Others amounted to Rs. 0.03 Cr with Charge ID 100336786 was registered on 30 Nov 2019.

34 earlier events are in the company report.

Frequently asked questions

Veeteejay Motors is an active private limited company based in Kochi, Kerala, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 19 March 2010 (16+ years old) and is registered under CIN U50100KL2010PTC025722.

Veeteejay Motors has 2 current directors:

The latest financial statements of Veeteejay Motors on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.

The GSTIN of Veeteejay Motors is 32AADCV4798E1Z6, registered in Kerala.

The CIN (Corporate Identification Number) of Veeteejay Motors is U50100KL2010PTC025722. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Veeteejay Motors has 18 court cases on record: 6 filed by the company and 12 filed against it. 6 are pending. Most are in the district courts.

Veeteejay Motors was incorporated on 19 March 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ernakulam.

Veeteejay Motors has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹19.99 Cr; the latest was in October 2022.

The peers of Veeteejay Motors by revenue are Premium Motocorp India Private Limited, Durgesh Motors Private Limited, Baidyanath Automobiles Private Limited, Singh Cycle and Motor Co. Private Limited, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).

Joseph Thomas Vayalat ceased to be Additional Director on 30 Sep 2019. Sudheesh Babu ceased to be Additional Director on 30 Sep 2019. Elizabeth Thomas ceased to be Director on 28 Jul 2016. Veeteejay Motors has 7 board changes on record in total.

Yes, Veeteejay Motors is registered as a medium enterprise under Udyam registration (number: UDYAM-KL-02-0000623).