Modern Automotives Limited logo

Modern Automotives Limited

Manufacturer of forged and machined automotive components with certified facilities and tier-1 clients.
2005 | New Delhi, Delhi (India) | Active

Last Updated:

July 18, 2024
HomeCompanyModern Automotives Limited

Who are the key members and board of directors at Modern Automotives?

Executive Team (1)

NameDesignationAppointment DateStatus
Aditya Goyal InManaging Director10-Aug-2005Current

Board Members(5)

NameDesignationAppointment DateStatus
Priyavrat Thareja In Director 07-Sep-2022Current
Bajinder Jolly In Director 23-Nov-2019Current
Job Varghese In Whole-Time Director 01-Jun-2022Current
Basavaraj Patil In Director 05-Oct-2021Current
Bhuvnesh Gulati In Director 02-Nov-2020Current

Financial Performance of Modern Automotives.

Modern Automotives Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 1.83% decrease. The company also saw a substantial fall in profitability, with a 12.58% decrease in profit. The company's net worth moved up by a moderate rise of 6.02%.

Revenue Growth Graph
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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-1.83%
Revenue from Operations
-1.73%
Total Assets
8.20%
Profit or Loss
-12.58%
Net Worth
6.02%
EBITDA
1.01%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹62.07 Cr

₹142.89 Cr

LenderAmountStatus

Others

Creation Date: 17 Nov 2023
₹32.00 CrOpen

Axis Bank Limited

Creation Date: 11 Jun 2021
₹0.70 MOpen

Others

Creation Date: 30 Oct 2019
₹30.00 CrOpen

How Many Employees Work at Modern Automotives?

Modern Automotives has a workforce of 799 employees as of Apr 01, 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.

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Latest Updates, News, and FAQs on Modern Automotives

Recent activity within the organization

  • Charges

    A charge registered on 10 Aug 2006 via Charge ID 10020151 with State Bank Of India was fully satisfied on 23 Nov 2023.

    23 Nov 2023

  • Charges

    A charge with Others amounted to Rs. 32.00 Cr with Charge ID 100825893 was registered on 17 Nov 2023.

    17 Nov 2023

  • Annual General Meeting

    Modern Automotives Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Modern Automotives Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge registered on 30 Dec 2022 via Charge ID 100660031 with Indian Bank was fully satisfied on 10 Mar 2023.

    10 Mar 2023

  • Charges

    A charge with State Bank Of India of Rs. 38.29 Cr registered on 10 Aug 2006 with Charge ID 10020151 was modified on 03 Jan 2023.

    03 Jan 2023

Frequently asked questions

  • Modern Automotives Limited was incorporated on 07 Feb 2005.

  • The authorized share capital of Modern Automotives Limited is ₹ 15.00 Cr and paid-up capital is ₹ 9.42 Cr.

  • Currently 6 directors are associated with Modern Automotives Limited.

    • Aditya Goyal
    • Priyavrat Thareja
    • Job Vadakkecham Panayil Varghese
    • Bajinder Singh Jolly
    • Basavaraj Ramgonda Patil
    • Bhuvnesh Gulati
  • As per Ministry of Corporate Affairs (Mca), the registered address of Modern Automotives Limited is 215-216 2Nd Floor Hemkunt Chambers 89 Nehru Place, New Delhi, India, 110019.

  • The corporate identification number (CIN) of Modern Automotives Limited is U34300DL2005PLC132722 and the company number is 132722 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Modern Automotives Limited is https://www.modernautomotives.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Modern Automotives Limited has fallen by -1.83%.

  • As Per 2023 financial reports, 799 employees are currently employed by Modern Automotives Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Modern Automotives Limited has experienced an upsurge of 6.02%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Modern Automotives Limited amount to ₹ 62.07 Cr.

  • The most recent Balance Sheet for Modern Automotives Limited was filed with the ROC on 31 Mar 2023.

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