Navnit Motors Private Limited

Auto dealership for top brands, part of Navnit Group, established in 1985.

1985 | Mumbai, Maharashtra (India) | Active
Last Updated:

Navnit Motors Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 39 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 428.38 Cr
  • Satisfied Charges ₹ 229.02 Cr
  • Revenue Growth 38.25%
  • Profit Growth 321.63%
  • Ebitda 216.95%
  • Net Worth 272.80%
  • Total Assets 16.16%

About Navnit Motors

Navnit Motors Private Limited (NMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 December 1985 and has a history of 39 years and three months. Its registered office is in Mumbai, Maharashtra, 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 2023. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 2.00 Cr.

The company currently has active open charges totaling ₹428.38 Cr. The company has closed loans amounting to ₹229.02 Cr, as per Ministry of Corporate Affairs (MCA) records.

Navnit Kachalia, Vijay Kachalia, Sharad Kachalia, and Four other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U34101MH1985PTC038346

  • Company No.

    038346

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Dec 1985

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Automotive

What products or services does Navnit Motors Private Limited offer?

Navnit Motors Private Limited offers a wide range of products and services, including Cars, Maruti Car, Luxury Car, All Terrain Vehicle, Intermediate and Light Commercial Vehicles, Light Vehicles, E Vehicles, Electric Four Wheelers, Parts And Kits, Motorcycles and Cars, Motorcycle.

Who are the key members and board of directors at Navnit Motors?

Executive Team (1)

NameDesignationAppointment DateStatus
Navnit Kachalia Country flag representing In Managing Director17-Dec-1985Current

Board Members (6)

NameDesignationAppointment DateStatus
Vijay Kachalia Country flag representing In Director 01-Sep-1993Current
Sharad Kachalia Country flag representing In Director 01-Sep-1993Current
Jayendra Kachalia Country flag representing In Director 17-Dec-1985Current
Krishna Kachalia Country flag representing In Director 01-Apr-2023Current
Ashish Kachalia Country flag representing In Director 01-Jul-2022Current
Sumeet Kachalia Country flag representing In Director 01-Apr-2023Current

Financial Performance of Navnit Motors.

Navnit Motors Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 38.25% increase. The company also saw a substantial improvement in profitability, with a 321.63% increase in profit. The company's net worth Soared by an impressive increase of 272.8%.

Navnit Motors revenue growth over time
Navnit Motors 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
38.25%
Revenue from Operations
38.53%
Total Assets
16.16%
Profit or Loss
321.63%
Net Worth
272.80%
EBITDA
216.95%

What is the Ownership and Shareholding Structure of Navnit Motors?

In 2022, Navnit Motors had a promoter holding of 38.08% and a public holding of 61.92%. The company had 4 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹428.38 Cr

Satisfied Charges

₹229.02 Cr

Charges Breakdown by Lending Institutions

  • Others : 228.98 Cr
  • Yes Bank Limited : 80.60 Cr
  • Tata Capital Financial Services Limited : 40.89 Cr
  • Axis Bank Limited : 32.64 Cr
  • State Bank Of India : 20.06 Cr
  • Others : 25.21 Cr

Latest Charge Details

DateLenderAmountStatus
23 Nov 2023Axis Bank Limited₹6.89 MOpen
23 Nov 2023Axis Bank Limited₹6.73 MOpen
18 Oct 2023Others₹19.50 CrOpen
07 Jul 2023Hdfc Bank Limited₹17.00 CrOpen
03 Apr 2023Axis Bank Limited₹6.54 CrOpen

How Many Employees Work at Navnit Motors?

Navnit Motors has a workforce of 408 employees as of Apr 05, 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 Navnit Motors Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Navnit Motors, 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 Navnit Motors'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 Navnit Motors

Recent activity within the organization

  • Charges

    A charge with State Bank Of India of Rs. 20.06 Cr registered on 22 Mar 2013 with Charge ID 10415576 was modified on 22 May 2024.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.69 Cr with Charge ID 100857588 was registered on 23 Nov 2023.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.67 Cr with Charge ID 100857601 was registered on 23 Nov 2023.

  • Charges

    A charge with Others of Rs. 3.15 Cr registered on 02 Aug 2018 with Charge ID 100199429 was modified on 08 Nov 2023.

  • Charges

    A charge with Others of Rs. 58.40 Cr registered on 10 Jun 2013 with Charge ID 10432926 was modified on 08 Nov 2023.

  • Charges

    A charge with Others amounted to Rs. 19.50 Cr with Charge ID 100807476 was registered on 18 Oct 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Navnit Motors Private Limited?

    Navnit Motors Private Limited was incorporated on 17 Dec 1985.

  • What is authorized share capital and paid-up capital of Navnit Motors Private Limited?

    The authorized share capital of Navnit Motors Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.

  • Who are the current board members & directors of Navnit Motors Private Limited?

    Currently 7 directors are associated with Navnit Motors Private Limited.

    • Navnit Liladhar Kachalia
    • Vijay Liladhar Kachalia
    • Sharad Liladhar Kachalia
    • Jayendra Liladhar Kachalia
    • Krishna Navnit Kachalia
    • Ashish Navnit Kachalia
    • Sumeet Vijay Kachalia

  • What is the registered address of Navnit Motors Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Navnit Motors Private Limited is C-Wing Unit No 101 1St Floor Waterford Building C. D. Burfiwala Road (Juhu Galli), Andhe Ri (West) India, Mumbai, Maharashtra, 400058.

  • What is the corporate identification number (CIN) and company number of Navnit Motors Private Limited?

    The corporate identification number (CIN) of Navnit Motors Private Limited is U34101MH1985PTC038346 and the company number is 038346 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Navnit Motors Private Limited?

    The Official website of Navnit Motors Private Limited is https://www.navnitgroup.com

  • What has been the recent revenue trend for Navnit Motors Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Navnit Motors Private Limited has risen by 38.25%.

  • How many employees does Navnit Motors Private Limited currently have?

    As Per 2022 financial reports, 408 employees are currently employed by Navnit Motors Private Limited.

  • What change has been observed in the net worth of Navnit Motors Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Navnit Motors Private Limited has experienced an upsurge of 272.80%.

  • What are the total open charges for Navnit Motors Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Navnit Motors Private Limited amount to ₹ 428.38 Cr.

  • When was the last Balance Sheet of Navnit Motors Private Limited filed with the ROC?

    The most recent Balance Sheet for Navnit Motors Private Limited was filed with the ROC on 31 Mar 2023.