What we do Hira Automobile Ltd is an authorized dealer of Maruti Suzuki in Punjab, selling cars and providing after-sales service and vehicle insurance. |
Founded in 1,989 |
Market share Sole Maruti dealership in Patiala district; expanding network within Punjab. |
Problem solved Provides trusted automobile sales, servicing and insurance solutions in a competitive retail market. |
Top clients or who we serve Primarily retail consumers and vehicle buyers in Punjab, India (B2C). |
Key management - |
Our journey and innovations Started in 1989; expanded showrooms and workshops steadily; incorporated vehicle insurance agency in 2017. |
Where we operate Punjab, India with a focus on Patiala and neighboring districts. |
Top products or what we offer Maruti Suzuki vehicles, servicing, repairs, and motor insurance services. |
Top brands Maruti Suzuki - dominant brand in India’s passenger vehicle market, known for reliability and extensive service network. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue mainly from sales and service fees; cyclical with automobile sales trends. |
Our industry position Strong local presence with exclusive dealership rights; faces tough automotive retail competition. |
Financial highlights FY 2024-25 revenue ₹211.21 crore, net profit ₹0.78 crore; stable with slight profit margin; adopting Ind AS. |
Geographical revenue split Entire revenue from Punjab region, India. |
Order book - |
Whats driving growth Network expansion, new showrooms and workshops boosting sales and after-market services. |
Our future plans Continued expansion of showrooms and service centers within Punjab to deepen market penetration. |
Our green promise - |
Our people and values Focus on customer service and operational excellence to maintain leadership in local market. |
Key challenges ahead Economic slowdown and fierce competition impacting car sales growth. |
Interesting facts Promoted by ex-Punjab cabinet minister Rajinder Kaur Bhattal; one of the established Maruti dealers since the early 1990s. |
Risks and strategy Mitigating slow sales risk via service diversification and insurance brokerage; leveraging exclusive dealership moat. |
