Navnit Motors Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
as on 05-12-2024
- Paid Up Capital ₹ 2.00 Cr
as on 05-12-2024
- Company Age 39 Year, 8 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 428.38 Cr
as on 05-12-2024
- Satisfied Charges ₹ 229.02 Cr
as on 05-12-2024
- Revenue 38.25%
(FY 2022)
- Profit 321.63%
(FY 2022)
- Ebitda 216.95%
(FY 2022)
- Net Worth 272.80%
(FY 2022)
- Total Assets 16.16%
(FY 2022)
About Navnit Motors
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.
- 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
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Navnit Kachalia  | Managing Director | 17-Dec-1985 | Current |
Board Members(6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vijay Kachalia | Director | 01-Sep-1993 | Current |
| Sharad Kachalia | Director | 01-Sep-1993 | Current |
| Jayendra Kachalia | Director | 17-Dec-1985 | Current |
| Krishna Kachalia | Director | 01-Apr-2023 | Current |
| Ashish Kachalia | Director | 01-Jul-2022 | Current |
| Sumeet Kachalia | Director | 01-Apr-2023 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Soft-Tech Info Systems Private LimitedActive 29 years 20 daysNavnit Kachalia, Vijay Kachalia and 4 more are mutual person
Navnit Marine Private LimitedActive 23 years 2 monthsNavnit Kachalia, Vijay Kachalia and 3 more are mutual person
Navnit Infra Project Private LimitedActive 17 years 6 monthsNavnit Kachalia, Vijay Kachalia and 3 more are mutual person
Krish Cars Private LimitedActive 16 years 5 monthsNavnit Kachalia and Krishna Kachalia are mutual person
Infintus Innovations Private LimitedActive 7 years 8 monthsNavnit Kachalia and Ashish Kachalia are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 23 Nov 2023 | ₹6.89 M | Open |
Axis Bank Limited Creation Date: 23 Nov 2023 | ₹6.73 M | Open |
Others Creation Date: 18 Oct 2023 | ₹19.50 Cr | Open |
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.
Deals i
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
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.
