Gulf Ashley Motor Profile
Key Indicators
- Authorised Capital ₹ 40.00 Cr
- Paid Up Capital ₹ 29.70 Cr
- Company Age 20 Year, 11 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 20 years and 11 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.
Company Details
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Location
Chennai, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U34102TN2004PLC052489
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Company No.
052489
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
10 Feb 2004
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Date of AGM
30 Aug 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Chennai
Industry
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.
Who are the key members and board of directors at Gulf Ashley Motor?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vagheeswaran Ramachandran | Company Secretary | 21-Feb-2017 | Current |
| Nandakumar Srinath | CFO | 26-Feb-2024 | Current |
| Mohit Golcha | CEO | 26-Feb-2024 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Thyagarajan Venkataraman
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Director | 13-Dec-2022 | Current |
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Venkat Balachandran
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Director | 20-Apr-2022 | Current |
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Sanjeev Kumar
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Director | 02-Feb-2022 | Current |
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Prabir Mandal
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Director | 10-May-2022 | Current |
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Mohit Golcha
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Director | 26-Feb-2024 | Current |
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Kidambi Balaji
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Director | 02-Feb-2022 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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Ashley Alteams India LimitedKidambi Balaji is a mutual person
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Tvs Trucks And Buses Private LimitedSanjeev Kumar and Kidambi Balaji are mutual person
Charges (Loans)
₹120.00 Cr
₹94.50 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 65.00 Cr
- Others : 55.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Jun 2017 | Others | ₹20.00 Cr | Open |
| 02 Jun 2017 | Others | ₹35.00 Cr | Open |
| 22 Sep 2015 | Hdfc Bank Limited | ₹65.00 Cr | Open |
| 04 Dec 2017 | Others | ₹25.00 Cr | Satisfied |
| 22 Jun 2015 | Lakshmi Vilas Bank Limited | ₹10.00 Cr | Satisfied |
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.
Deals i
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
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
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.
