About VSN Commercials Private Limited
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VSN Commercials Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 11 April 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U51500TG2005PTC045862. Its GSTIN is 36AACCV0829K1Z6 (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.5 Cr. It is led by directors including Nihar Kiran Mody (Managing Director) and Lakshmi Narsimha Rao Dronamraju.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2025, the company reported a revenue of ₹762.49 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹7.17 Cr (net margin 0.9%) and EBITDA of ₹23.74 Cr (EBITDA margin 3.1%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 43% over five years.
The company has about 83 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Modyford. As per MCA filings, the company has open charges of ₹385.56 Cr and satisfied charges of ₹95.8 Cr on record. Court records list 43 cases involving the company, including 19 filed by the company and 24 filed against it; 11 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vsncommercials.com.
Company details
CIN history
VSN Commercials has one previous CIN (Corporate Identification Number): U51500AP2005PTC045862. The current CIN is U51500TG2005PTC045862, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51500TG2005PTC045862 | Current |
| U51500AP2005PTC045862 | Previous |
Contact details
VSN Commercials Private Limited's registered office is in Hyderabad, Telangana. Its website is vsncommercials.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFlat No 8 – 2 – 293/82/A, Plot No. 1199, Hyderabad, Telangana, India – 500033
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of VSN Commercials Private Limited, buy the company report.
- 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
Brands
VSN Commercials operates one associated brand: Modyford. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| modyford.net |
Business activity
The main business activity of VSN Commercials is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of VSN Commercials Private Limited, buy the company report.
Financials of VSN Commercials Private Limited
FY 2024 filings availableVSN Commercials Private Limited reported revenue of ₹762.49 Cr (down 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 43%. EBITDA fell 21% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹23.74 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.17 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.1% | ||||
| Net Profit Margin | 0.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of VSN Commercials Private Limited, buy the company report.
Board of directors of VSN Commercials Private Limited
VSN Commercials has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lakshmi Narsimha Rao Dronamraju Also directs: VSN Automobiles Private Limited, Mody Lifestyle Cars Private Limited, Mody Auto (India) Private Limited and 2 more | Director | 29 May 2020 | 6 Years 5 Months | Current |
| Nihar Kiran Mody | Managing Director | 11 Apr 2005 | 21 Years 6 Months | Current |
| Sachiv Chandrakant Parikh Also directs: VSN Automobiles Private Limited, Synorg Chemical Private Limited, Gas Projects (India) Private Limited and 3 more | Director | 11 Apr 2005 | 21 Years 6 Months | Current |
Peer comparison
VSN Commercials Private Limited is compared with the 7 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Premier Car Sales Limited | ₹774.64 Cr (FY 2025) | 5.0% | Lucknow, Uttar Pradesh, India | |||
| KTL Private Limited | ₹765.18 Cr (FY 2024) | 5.0% | Uttar Pradesh, India | |||
| Abt Industries Limited | ₹765.15 Cr (FY 2025) | 1.0% | Coimbatore, Tamil Nadu, India | |||
| Cauvery Motors Private Limited | ₹763.11 Cr (FY 2025) | 14.0% | Bangalore, Karnataka, India | |||
| VSN Commercials Private Limitedthis company | ₹762.49 Cr (FY 2025) | ₹7.17 Cr | 0.9% | -4.0% | 83 | Hyderabad, Telangana, India |
| Rajesh Motors (Auto) Private Limited | ₹755.44 Cr (FY 2025) | -6.0% | Jaipur, Rajasthan, India | |||
| Ramlal Durgadutt Motors Private Limited | ₹749.13 Cr (FY 2025) | -13.0% | Assam, India | |||
| Manickbag Automobiles Private Limited | ₹746.68 Cr (FY 2025) | -1.0% | Belgaum, Karnataka, India |
To see the full peer comparison of VSN Commercials Private Limited, buy the company report.
Auditor
VSN Commercials Private Limited is audited by Laxminiwas and Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Laxminiwas and Co | FY 2023 | 011168S |
Shareholding
The shareholding of VSN Commercials Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of VSN Commercials Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Dec 2024 | 101025158 | Others | ₹40 Cr | Open | |
| 06 Dec 2022 | 100649399 | Others | ₹17 Cr | Open | |
| 28 Sep 2022 | 100618644 | Others | ₹65 Cr | Open | |
| 14 Mar 2022 | 100561847 | Hdfc Bank Limited | ₹26 Cr | Open | |
| 27 Jan 2022 | 100531259 | Others | ₹15 Cr | Open |
To see the full charge records of VSN Commercials Private Limited, buy the company report.
Total charge records: 26 View all charges
Legal cases
VSN Commercials Private Limited has 43 court cases on record: 19 filed by VSN Commercials, 24 filed against it. 11 cases are pending and 32 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 39 | 21 | 10 |
| District courts | 4 | 3 | 1 |
Cases on record (5 of 43)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Original application | Filed against the company by Ford India Private Limited M/S.P.Vinod Kumar, Preshaanth Balasubramaniam,M/S.J.Sagar Associates | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by Mody Autonation Private Limited | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by Ford India Private Limited | Disposed |
| High Court, TAMIL NADU | Court case (OSA(CAD)) | Filed against the company by Ford India Private Limited | Disposed |
| High Court, TAMIL NADU | Arbitration matter | Filed by the company against Ford India Private Limited | Disposed |
To see the full case history of VSN Commercials Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for VSN Commercials Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
VSN Commercials has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Mody Auto (India) Private Limited | U50100TG2011PTC074254 |
To see the full group structure of VSN Commercials Private Limited, buy the company report.
Employees & EPFO
VSN Commercials Private Limited has a workforce of 83 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
VSN Commercials has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AACCV0829K1Z6 | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of VSN Commercials Private Limited, buy the company report.
Recent activity
VSN Commercials Private Limited has 7 board changes on record since 2005: 3 appointments and 4 cessations. The latest: Nihar Kiran Mody ceased to be Director on 01 Sep 2020.
45 earlier events are in the company report.
Frequently asked questions
VSN Commercials is an active private limited company based in Hyderabad, Telangana, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 11 April 2005 (21+ years old) and is registered under CIN U51500TG2005PTC045862.
VSN Commercials has 3 current directors:
- Nihar Kiran Mody - Managing Director
- Lakshmi Narsimha Rao Dronamraju - Director
- Sachiv Chandrakant Parikh - Director
The latest financial statements of VSN Commercials on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of VSN Commercials is 36AACCV0829K1Z6, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of VSN Commercials is U51500TG2005PTC045862. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
VSN Commercials has 43 court cases on record: 19 filed by the company and 24 filed against it. 11 are pending. Most are in the high courts.
VSN Commercials was incorporated on 11 April 2005, making it 21+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of VSN Commercials by revenue are Premier Car Sales Limited, KTL Private Limited, Abt Industries Limited, Cauvery Motors Private Limited, Rajesh Motors (Auto) Private Limited and 2 more, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).
Nihar Kiran Mody ceased to be Director on 01 Sep 2020. Lakshmi Narsimha Rao Dronamraju was appointed as Director on 29 May 2020. Vivek Nilratna Mehta ceased to be Director on 22 Apr 2019. VSN Commercials has 7 board changes on record in total.
VSN Commercials can be reached through the website vsncommercials.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of VSN Commercials is at Flat No 8 – 2 – 29382A, Plot No. 1199, Hyderabad, Telangana, India – 500033.
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