Performance Cars Private Limited

Sells and services BMW cars, parts, and accessories through a dealer agreement with BMW India.

2010 | Mumbai, Maharashtra (India) | Active
Last Updated: June 15, 2024

Performance Cars Profile

Key Indicators

  • Authorised Capital ₹ 1.16 Cr
  • Paid Up Capital ₹ 1.16 Cr
  • Company Age 14 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 80.62 Cr
  • Satisfied Charges ₹ 10.34 Cr
  • Revenue Growth 59.58%
  • Profit Growth 38.19%
  • Ebitda 31.54%
  • Net Worth 111.00%
  • Total Assets 8.35%

About Performance Cars

Performance Cars Private Limited (PCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 June 2010 and has a history of 14 years and seven 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 1.16 Cr and a paid-up capital of Rs 1.16 Cr.

The company currently has active open charges totaling ₹80.62 Cr. The company has closed loans amounting to ₹10.34 Cr, as per Ministry of Corporate Affairs (MCA) records.

Anand Sharma, Pooja Choudary, and Lalitchandra Pamulapati serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U50103MH2010PTC203842

  • Company No.

    203842

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Jun 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Automotive

Who are the key members and board of directors at Performance Cars?

Executive Team (1)

Name Designation Appointment Date Status
Anand Sharma Country flag representing In Managing Director 25-Apr-2019 Current

Board Members (2)

Name Designation Appointment Date Status
Pooja Choudary Country flag representing In Director 08-Jun-2010 Current
Lalitchandra Pamulapati Country flag representing In Director 08-Jun-2010 Current

Financial Performance of Performance Cars.

Performance Cars Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 59.58% increase. The company also saw a substantial improvement in profitability, with a 38.19% increase in profit. The company's net worth Soared by an impressive increase of 111%.

Graph illustrating revenue growth over time
Graph showing 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
59.58%
Revenue from Operations
59.50%
Total Assets
8.35%
Profit or Loss
38.19%
Net Worth
111.00%
EBITDA
31.54%

What is the Ownership and Shareholding Structure of Performance Cars?

In 2023, Performance Cars had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹80.62 Cr

Satisfied Charges

₹10.34 Cr

Charges Breakdown by Lending Institutions

  • Others : 70.32 Cr
  • Axis Bank Limited : 10.30 Cr

Latest Charge Details

Date Lender Amount Status
29 Jun 2022 Others ₹3.23 M Open
30 Aug 2021 Others ₹2.00 Cr Open
14 Jul 2021 Others ₹5.00 Cr Open
15 Dec 2020 Axis Bank Limited ₹1.00 M Open
26 Nov 2020 Axis Bank Limited ₹10.20 Cr Open

How Many Employees Work at Performance Cars?

Performance Cars has a workforce of 9 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Performance Cars, 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 Performance Cars'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 Performance Cars

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 10.20 Cr registered on 26 Nov 2020 with Charge ID 100399073 was modified on 21 Mar 2024.

    21 Mar 2024

  • Charges

    A charge with Others of Rs. 22.80 Cr registered on 10 Sep 2019 with Charge ID 100298989 was modified on 18 Mar 2024.

    18 Mar 2024

  • Charges

    A charge with Others of Rs. 36.70 Cr registered on 10 Sep 2019 with Charge ID 100298990 was modified on 18 Mar 2024.

    18 Mar 2024

  • Charges

    A charge with Others of Rs. 3.50 Cr registered on 25 Jul 2019 with Charge ID 100294907 was modified on 18 Mar 2024.

    18 Mar 2024

  • Annual General Meeting

    Performance Cars Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Performance Cars Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Performance Cars Private Limited was incorporated on 08 Jun 2010.

  • The authorized share capital of Performance Cars Private Limited is ₹ 1.16 Cr and paid-up capital is ₹ 1.16 Cr.

  • Currently 3 directors are associated with Performance Cars Private Limited.

    • Anand Prakash Sharma
    • Pooja Pamulapati Lalit Choudary
    • Lalitchandra Choudary Pamulapati
  • As per Ministry of Corporate Affairs (Mca), the registered address of Performance Cars Private Limited is 12/A Lotus Cinema Dr. Annie Beasant Road Opposite Nehru Centre Worli, Mumbai, Maharashtra, India, 400018.

  • The corporate identification number (CIN) of Performance Cars Private Limited is U50103MH2010PTC203842 and the company number is 203842 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Performance Cars Private Limited is https://www.bmw-infinitycars.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Performance Cars Private Limited has risen by 59.58%.

  • As Per 2023 financial reports, 9 employees are currently employed by Performance Cars Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Performance Cars Private Limited has experienced an upsurge of 111.00%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Performance Cars Private Limited amount to ₹ 80.62 Cr.

  • The most recent Balance Sheet for Performance Cars Private Limited was filed with the ROC on 31 Mar 2023.