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Cars24 Financial Services Location T. Score Charges People Network Registered Details

CARS24 FINANCIAL SERVICES PRIVATE LIMITED

Active
Updated: 23 Oct 2024

Cars24 Financial Services Private Limited, is an unlisted private company incorporated on 17 September, 2018. It is classified as a private limited company and is located in Gurgaon, Haryana. It's authorized share capital is INR 7.00 cr and the total paid-up capital is INR 5.96 cr.

Cars24 Financial Services's operating revenue range is INR 100 cr - 500 cr for the financial year ending on 31 March, 2023. It's EBITDA has increased by 334.8% over the previous year. At the same time, it's book networth has increased by 0.63%.

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Industry

Finance
Products
  • Other credit-granting services n.e.c , Other financial activities
Key Metrics

** All rupee values in INR crores. Based on March 2023 numbers.

Sales
88.75%
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EBITDA
334.8%
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Net Profit
-
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Networth
0.63%
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Borrowings
64.11%
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Assets
41.24%
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Gross Margin
-
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Operating Margin
23.56
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Net Profit Margin
0.93
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Return on Equity
0.58
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ROCE
139.12
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Debt to Equity
1.14
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Sales
Mar 2023
Net worth
Mar 2023

Locations

indian flag India (1)
State Type Address

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Tofler Score

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Very Good
Excellent

Risk

Severe Risk
  • No risks identified
Moderate Risk
  • No risks identified
Low Risk
  • No risks identified
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Financial Highlights

** All numbers in INR crores
Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Sales GET PRO GET PRO GET PRO GET PRO GET PRO
Operating profit GET PRO GET PRO GET PRO GET PRO GET PRO
Net profit GET PRO GET PRO GET PRO GET PRO GET PRO
Gross margin GET PRO GET PRO GET PRO GET PRO GET PRO
Operating margin GET PRO GET PRO GET PRO GET PRO GET PRO
Net margin GET PRO GET PRO GET PRO GET PRO GET PRO
Networth
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Assets GET PRO GET PRO GET PRO GET PRO GET PRO
Debt to equity GET PRO GET PRO GET PRO GET PRO GET PRO
Current ratio GET PRO GET PRO GET PRO GET PRO GET PRO
ROE GET PRO GET PRO GET PRO GET PRO GET PRO
Days payable GET PRO GET PRO GET PRO GET PRO GET PRO
WC days GET PRO GET PRO GET PRO GET PRO GET PRO
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

%
** All numbers in INR crores
Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity Capital GET PRO GET PRO GET PRO GET PRO GET PRO
Reserves GET PRO GET PRO GET PRO GET PRO GET PRO
Borrowings + GET PRO GET PRO GET PRO GET PRO GET PRO
Long term borrowings GET PRO GET PRO GET PRO GET PRO GET PRO
Short term borrowings GET PRO GET PRO GET PRO GET PRO GET PRO
Trade payables + GET PRO GET PRO GET PRO GET PRO GET PRO
Days payable GET PRO GET PRO GET PRO GET PRO GET PRO
Other liabilities + GET PRO GET PRO GET PRO GET PRO GET PRO
Other non-current liabilities GET PRO GET PRO GET PRO GET PRO GET PRO
Other current liabilities GET PRO GET PRO GET PRO GET PRO GET PRO
Total liabilities GET PRO GET PRO GET PRO GET PRO GET PRO
Fixed Assets + GET PRO GET PRO GET PRO GET PRO GET PRO
Tangible assets GET PRO GET PRO GET PRO GET PRO GET PRO
CWIP GET PRO GET PRO GET PRO GET PRO GET PRO
Intangible assets GET PRO GET PRO GET PRO GET PRO GET PRO
LT loans and advances GET PRO GET PRO GET PRO GET PRO GET PRO
Other non-current assets GET PRO GET PRO GET PRO GET PRO GET PRO
Current assets + GET PRO GET PRO GET PRO GET PRO GET PRO
Inventories GET PRO GET PRO GET PRO GET PRO GET PRO
Trade receivables GET PRO GET PRO GET PRO GET PRO GET PRO
Cash and cash equivalents GET PRO GET PRO GET PRO GET PRO GET PRO
ST loans and advances GET PRO GET PRO GET PRO GET PRO GET PRO
Other current assets GET PRO GET PRO GET PRO GET PRO GET PRO
Total assets GET PRO GET PRO GET PRO GET PRO GET PRO
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Total assets

Profit & Loss

%
** All numbers in INR crores
Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Sales + GET PRO GET PRO GET PRO GET PRO GET PRO
Sales growth % GET PRO GET PRO GET PRO GET PRO GET PRO
Expenses + GET PRO GET PRO GET PRO GET PRO GET PRO
Cost of goods GET PRO GET PRO GET PRO GET PRO GET PRO
Employee cost GET PRO GET PRO GET PRO GET PRO GET PRO
Other costs GET PRO GET PRO GET PRO GET PRO GET PRO
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Profit - disc. ops GET PRO GET PRO GET PRO GET PRO GET PRO
Net profit GET PRO GET PRO GET PRO GET PRO GET PRO
Net margin % GET PRO GET PRO GET PRO GET PRO GET PRO
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Revenue from operations

Ratios

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Solvency +
Total Debt/Equity GET PRO GET PRO GET PRO GET PRO GET PRO
Net Debt/Equity GET PRO GET PRO GET PRO GET PRO GET PRO
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Liquidity +
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Performance
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Return +
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Efficiency +
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Working Capital
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Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

CARS24 SERVICES PRIVATE LIMITED

No. of Loans: 1

Total Amount : 100.0 cr

2

JM FINANCIAL PRODUCTS LIMITED

No. of Loans: 1

Total Amount : 75.0 cr

3

NORTHERN ARC CAPITAL LIMITED

No. of Loans: 3

Total Amount : 70.0 cr

4

AU SMALL FINANCE BANK LIMITED

No. of Loans: 5

Total Amount : 67.5 cr

5

KISETSU SAISON FINANCE (INDIA) PRIVATE LIMITED

No. of Loans: 3

Total Amount : 45.0 cr

6

MAS Financial Services Limited

No. of Loans: 6

Total Amount : 30.0 cr

7

VIVRITI CAPITAL PRIVATE LIMITED

No. of Loans: 6

Total Amount : 30.0 cr

8

JANA SMALL FINANCE BANK LIMITED

No. of Loans: 1

Total Amount : 25.0 cr

9

INCRED FINANCIAL SERVICES LIMITED

No. of Loans: 2

Total Amount : 17.0 cr

10

AMBIT FINVEST PRIVATE LIMITED

No. of Loans: 1

Total Amount : 10.0 cr

11

Kotak Mahindra Bank Limited

No. of Loans: 1

Total Amount : 10.0 cr

12

ICICI Bank Limited

No. of Loans: 1

Total Amount : 10.0 cr

13

WESTERN CAPITAL ADVISORS PRIVATE LIMITED

No. of Loans: 1

Total Amount : 10.0 cr

14

Hinduja Leyland Finance Limited

No. of Loans: 1

Total Amount : 5.0 cr

15

PROFECTUS CAPITAL PRIVATE LIMITED

No. of Loans: 1

Total Amount : 5.0 cr

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Charges

CARS24 SERVICES PRIVATE LIMITED
JM FINANCIAL PRODUCTS LIMITED
NORTHERN ARC CAPITAL LIMITED
AU SMALL FINANCE BANK LIMITED
Others

People

Designation Name DIN/PAN Tenure
Director Saurabh Kumar 07040221 6 years
Whole-time Director Ruchit Agarwal 08225312 6 years
Director Gajendra Kumar Jangid 08225313 6 years
Director Shashank Saxena 10236481 1 years
Kmp Jyoti Gautam <HIDDEN> 1 years

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
NNC ADVISORS LLP
Active
50.0 L 1 ry
CARS24 SERVICES PRIVATE LIMITED
Active
18.2 Cr 3 Haryana
EECOSENS GLOBAL PRIVATE LIMITED
Active
1.0 L 1 Maharashtra
YMINDS GLOBAL SOLUTIONS PRIVATE LIMITED
Active
1.0 L 1 Maharashtra
REGASURE GLOBAL PRIVATE LIMITED
Active
1.0 L 1 Uttar Pradesh

Registered Details

CIN

U65990HR2018PTC075713

PAN

AAHCC7437R

Incorporation

2018, 6.3 years

Company Email

nbfc.regulatory@cars24.com

Paid up Capital

₹ 6.0 Cr

Authorised Capital

₹ 7.0 Cr

AGM

Sep 2023

Type

Private
Non-government Company

Last Balance Sheet Date

Mar 2023 Updated on : 23 Oct 2024
* This is the date provided by MCA, but availability for this year is not guaranteed.

FAQ - CARS24 FINANCIAL SERVICES PRIVATE LIMITED

What is the incorporation date of CARS24 FINANCIAL SERVICES PRIVATE LIMITED?

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The incorporation date of CARS24 FINANCIAL SERVICES PRIVATE LIMITED is 17 September, 2018

What is the authorized share capital of CARS24 FINANCIAL SERVICES PRIVATE LIMITED?

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The authorized share capital of CARS24 FINANCIAL SERVICES PRIVATE LIMITED is INR ₹ 7.0 Cr.

What is the paid-up capital of CARS24 FINANCIAL SERVICES PRIVATE LIMITED?

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The paid-up capital of CARS24 FINANCIAL SERVICES PRIVATE LIMITED is INR ₹ 6.0 Cr.

What is the registered address of CARS24 FINANCIAL SERVICES PRIVATE LIMITED?

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The registered address of CARS24 FINANCIAL SERVICES PRIVATE LIMITED is 10th Floor, Tower B, Unitech Cyber Park, Sector- 39 NA Gurgaon Gurgaon Haryana - 122001

What is the CIN number of CARS24 FINANCIAL SERVICES PRIVATE LIMITED?

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The CIN number of CARS24 FINANCIAL SERVICES PRIVATE LIMITED is U65990HR2018PTC075713.

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