Gulf Ashley Motor Limited

Authorized dealer for heavy vehicles with 18 workshops in 6 regions, incorporated in 2004.

2004 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Gulf Ashley Motor Profile

Key Indicators

  • Authorised Capital ₹ 40.00 Cr
  • Paid Up Capital ₹ 29.70 Cr
  • Company Age 21 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 120.00 Cr
  • Satisfied Charges ₹ 94.50 Cr
  • Revenue Growth -37.20%
  • Profit Growth 38.80%
  • Ebitda -32.52%
  • Net Worth -46.30%
  • Total Assets -17.64%

About Gulf Ashley Motor

Gulf Ashley Motor Limited (GAML) is a leading Public Limited Indian Non-Government Company incorporated in India on 10 February 2004 and has a history of 21 years and two months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 40.00 Cr and a paid-up capital of Rs 29.70 Cr.

The company currently has active open charges totaling ₹120.00 Cr. The company has closed loans amounting to ₹94.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Gulf Ashley Motor Limited India are Vagheeswaran Ramachandran as Company Secretary, Nandakumar Srinath as Cfo, and Mohit Golcha as Ceo. Thyagarajan Venkataraman, Venkat Balachandran, Sanjeev Kumar, and Three other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U34102TN2004PLC052489

  • Company No.

    052489

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Feb 2004

  • Date of AGM

    30 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Automotive

What products or services does Gulf Ashley Motor Limited offer?

Gulf Ashley Motor Limited offers a wide range of products and services, including City Bus, Passenger Bus, Stainless Steel Sheet, Designer Stainless Steel Sheet, Motorcycle, Yamaha Bike, Steel and Stainless Steel Coils, Stainless Steel Coils, Hex Screw, Hex Socket Screw.

Company report

Gulf Ashley Motor Limited

Explore comprehensive data for Gulf Ashley Motor Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Gulf Ashley Motor?

Executive Team (3)

NameDesignationAppointment DateStatus
Vagheeswaran Ramachandran Company Secretary21-Feb-2017Current
Nandakumar Srinath CFO26-Feb-2024Current
Mohit Golcha CEO26-Feb-2024Current

Board Members (6)

NameDesignationAppointment DateStatus
Thyagarajan Venkataraman Country flag representing In Director 13-Dec-2022Current
Venkat Balachandran Country flag representing In Director 20-Apr-2022Current
Sanjeev Kumar Country flag representing In Director 02-Feb-2022Current
Prabir Mandal Country flag representing In Director 10-May-2022Current
Mohit Golcha Country flag representing In Director 26-Feb-2024Current
Kidambi Balaji Country flag representing In Director 02-Feb-2022Current

Financial Performance of Gulf Ashley Motor.

Gulf Ashley Motor Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 37.2% decrease. The company also saw a substantial improvement in profitability, with a 38.8% increase in profit. The company's net worth observed a substantial decline by a decrease of 46.3%.

Gulf Ashley Motor revenue growth over time
Gulf Ashley Motor 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
-37.20%
Revenue from Operations
-37.28%
Total Assets
-17.64%
Profit or Loss
38.80%
Net Worth
-46.30%
EBITDA
-32.52%

What is the Ownership and Shareholding Structure of Gulf Ashley Motor?

In 2023, Gulf Ashley Motor had a promoter holding of 100.00%. The company had 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹120.00 Cr

Satisfied Charges

₹94.50 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 65.00 Cr
  • Others : 55.00 Cr

Latest Charge Details

DateLenderAmountStatus
28 Jun 2017Others₹20.00 CrOpen
02 Jun 2017Others₹35.00 CrOpen
22 Sep 2015Hdfc Bank Limited₹65.00 CrOpen
04 Dec 2017Others₹25.00 CrSatisfied
22 Jun 2015Lakshmi Vilas Bank Limited₹10.00 CrSatisfied

How Many Employees Work at Gulf Ashley Motor?

Gulf Ashley Motor has a workforce of 223 employees as of Apr 10, 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.

Employee growth trends for Gulf Ashley Motor Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Gulf Ashley Motor, 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 Gulf Ashley Motor'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 Gulf Ashley Motor

Recent activity within the organization

  • Annual General Meeting

    Gulf Ashley Motor Limited last Annual general meeting of members was held on 30 Aug 2024 as per latest MCA records.

  • Balance Sheet

    Gulf Ashley Motor Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Director Appointment

    Mohit Golcha was appointed as a Director was appointed as a Director on 26 Feb 2024 & has been associated with this company since 1 year 2 months .

  • Director Appointment

    Nandakumar Srinath was appointed as a Cfo was appointed as a Cfo on 26 Feb 2024 & has been associated with this company since 1 year 2 months .

  • Director Appointment

    Mohit Golcha was appointed as a Ceo was appointed as a Ceo on 26 Feb 2024 & has been associated with this company since 1 year 2 months .

  • Director Appointment

    Thyagarajan Venkataraman was appointed as a Director was appointed as a Director on 13 Dec 2022 & has been associated with this company since 2 years 4 months .

Frequently asked questions

  • What is the Incorporation or founding date of Gulf Ashley Motor Limited?

    Gulf Ashley Motor Limited was incorporated on 10 Feb 2004.

  • What is authorized share capital and paid-up capital of Gulf Ashley Motor Limited?

    The authorized share capital of Gulf Ashley Motor Limited is ₹ 40.00 Cr and paid-up capital is ₹ 29.70 Cr.

  • Who are the current board members & directors of Gulf Ashley Motor Limited?

    Currently 9 directors are associated with Gulf Ashley Motor Limited.

    • Thyagarajan Venkataraman
    • Venkat Subramaniam Balachandran
    • Sanjeev Kumar
    • Prabir Kumar Mandal
    • Vagheeswaran Ramachandran
    • Mohit Golcha
    • Kidambi Mani Balaji
    • Nandakumar Srinath
    • Mohit Golcha

  • What is the registered address of Gulf Ashley Motor Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Gulf Ashley Motor Limited is No. 1, Sardar Patel Road Guindy India, Chennai, Tamil Nadu, 600032.

  • What is the corporate identification number (CIN) and company number of Gulf Ashley Motor Limited?

    The corporate identification number (CIN) of Gulf Ashley Motor Limited is U34102TN2004PLC052489 and the company number is 052489 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Gulf Ashley Motor Limited?

    The Official website of Gulf Ashley Motor Limited is https://www.gamltrucks.com

  • What has been the recent revenue trend for Gulf Ashley Motor Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Gulf Ashley Motor Limited has fallen by -37.20%.

  • How many employees does Gulf Ashley Motor Limited currently have?

    As Per 2023 financial reports, 223 employees are currently employed by Gulf Ashley Motor Limited.

  • What change has been observed in the net worth of Gulf Ashley Motor Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Gulf Ashley Motor Limited has experienced an downturn of -46.30%.

  • What are the total open charges for Gulf Ashley Motor Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Gulf Ashley Motor Limited amount to ₹ 120.00 Cr.

  • When was the last Balance Sheet of Gulf Ashley Motor Limited filed with the ROC?

    The most recent Balance Sheet for Gulf Ashley Motor Limited was filed with the ROC on 31 Mar 2024.

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