Bhagat Automobiles Private Limited

Authorized dealer of Volkswagen cars, offering various models and services in Punjab since 2010.

2010 | Patiala, Punjab (India) | Active
Last Updated: October 23, 2024

Who are the key members and board of directors at Bhagat Automobiles?

Board Members (2)

NameDesignationAppointment DateStatus
Karam Singh Country flag representing In Director 30-Apr-2021Current
Har Singh Country flag representing In Director 30-Apr-2021Current

Financial Performance of Bhagat Automobiles.

Bhagat Automobiles Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 41.07% increase. The company also saw a substantial fall in profitability, with a 141.68% decrease in profit. The company's net worth dipped by a decrease of 1.76%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
41.07%
Revenue from Operations
46.26%
Total Assets
-3.28%
Profit or Loss
-141.68%
Net Worth
-1.76%
EBITDA
312.24%

Charges (Loans)

Open Charges

₹46.77 Cr

Satisfied Charges

₹37.50 Cr

Charges Breakdown by Lending Institutions

  • Kotak Mahindra Prime Limited : 24.50 Cr
  • Others : 20.99 Cr
  • Tata Capital Financial Services Limited : 1.27 Cr

Latest Charge Details

DateLenderAmountStatus
28 Oct 2021Others₹5.00 MOpen
30 Jul 2021Others₹0.62 MOpen
24 Jun 2021Others₹13.35 CrOpen
31 Aug 2015Others₹4.08 CrOpen
31 Jan 2015Tata Capital Financial Services Limited₹7.25 MOpen

How Many Employees Work at Bhagat Automobiles?

Bhagat Automobiles has a workforce of 71 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bhagat Automobiles, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Bhagat Automobiles's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Bhagat Automobiles

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 13.35 Cr registered on 24 Jun 2021 with Charge ID 100453828 was modified on 18 Dec 2023.

    18 Dec 2023

  • Annual General Meeting

    Bhagat Automobiles Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Bhagat Automobiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 0.50 Cr registered on 28 Oct 2021 with Charge ID 100495889 was modified on 15 Nov 2021.

    15 Nov 2021

  • Charges

    A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100495889 was registered on 28 Oct 2021.

    28 Oct 2021

  • Charges

    A charge with Others amounted to Rs. 0.06 Cr with Charge ID 100463011 was registered on 30 Jul 2021.

    30 Jul 2021

Frequently asked questions

  • Bhagat Automobiles Private Limited was incorporated on 27 Jul 2010.

  • The authorized share capital of Bhagat Automobiles Private Limited is ₹ 9.00 Cr and paid-up capital is ₹ 8.06 Cr.

  • Currently 2 directors are associated with Bhagat Automobiles Private Limited.

    • Karam Naresh Singh
    • Har Naresh Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bhagat Automobiles Private Limited is 0.Jhill, Jhill Moter Co P Ltd Chowk India, Patiala, Punjab, 147001.

  • The corporate identification number (CIN) of Bhagat Automobiles Private Limited is U50100PB2010PTC034128 and the company number is 034128 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bhagat Automobiles Private Limited is https://www.vw-bhagat.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Bhagat Automobiles Private Limited has risen by 41.07%.

  • As Per 2023 financial reports, 71 employees are currently employed by Bhagat Automobiles Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Bhagat Automobiles Private Limited has experienced an downturn of -1.76%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Bhagat Automobiles Private Limited amount to ₹ 46.77 Cr.

  • The most recent Balance Sheet for Bhagat Automobiles Private Limited was filed with the ROC on 31 Mar 2023.

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