MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-02-0058861
Elmag Devices Private Limited
Elmag Devices Private Limited - energy and power in Chennai, Tamil Nadu, India. Directors, charges & compliance details.
Revenue · FY 2025
₹5.26 Cr
▼ 7% YoY
Net profit · FY 2025
₹14.3 Lakh
Net margin 2.7%
EBITDA · FY 2025
₹12.04 Lakh
EBITDA margin 2.3%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹15 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
4
As per MCA filings
Active GSTINs
1
GST registered
About Elmag Devices Private Limited
Data last updated:
Elmag Devices Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 08 March 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U31900TN2021PTC141879. Its GSTIN is 33AAGCE3632F1Z1 (Tamil Nadu).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors including Venkatraman Bharatharaj and Salem Ramachandran Gopalakrishnan.
Its last annual general meeting (AGM) was held on 05 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 63 2nd Link Street Nehru Nagar Kottivakkam Omr, Chennai, Tamil Nadu, India – 600041.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.26 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹14.3 Lakh (net margin 2.7%) and EBITDA of ₹12.04 Lakh (EBITDA margin 2.3%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years.
Elmag Devices Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0058861).
Company details
CIN U31900TN2021PTC141879
Registration Number 141879
Incorporation Date 08 March 2021
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 05 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0058861
Key People
Venkatraman Bharatharaj Director Salem Ramachandran Gopalakrishnan Director Salem Ramachandran Balasubramanyan Director Recognitions & Rankings of Elmag Devices
Contact details
Elmag Devices Private Limited's registered office is in Chennai, Tamil Nadu.
- Registered Address63 2nd Link Street Nehru Nagar Kottivakkam Omr, Chennai, Tamil Nadu, India – 600041
- IndustryEnergy and Power, Power Equipment Manufacturers
Comprehensive company report
Elmag Devices Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Elmag Devices is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Elmag Devices Private Limited, buy the company report.
Financials of Elmag Devices Private Limited
FY 2025 filings availableElmag Devices Private Limited reported revenue of ₹5.26 Cr (down 7% YoY) for FY 2025.
Revenue · FY 2025
₹5.26 Cr ▼ 7%
Net profit · FY 2025
₹14.3 Lakh margin 2.7%
EBITDA · FY 2025
₹12.04 Lakh margin 2.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 29%
EBITDA CAGR growth
1 year
▼ 42%
3 years · compounded
▲ 21%
Revenue fell 7% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 29%. EBITDA fell 42% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹12.04 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹14.3 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.3% | ||||
| Net Profit Margin | 2.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Elmag Devices Private Limited, buy the company report.
Board of directors of Elmag Devices Private Limited
Elmag Devices has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkatraman Bharatharaj Also directs: Ozone Technologies and Systems (India) Private Limited | Director | 08 Mar 2021 | 5 Years 7 Months | Current |
| Salem Ramachandran Gopalakrishnan | Director | 10 Oct 2022 | 4 Years 0 Months | Current |
| Salem Ramachandran Balasubramanyan | Director | 10 Oct 2022 | 4 Years 0 Months | Current |
| Shreyas Baratharaj Also directs: Ozone Technologies and Systems (India) Private Limited | Director | 08 Mar 2021 | 5 Years 7 Months | Current |
Peer comparison
Elmag Devices Private Limited is compared with the 5 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Alliance Controls Private Limited | ₹5.26 Cr (FY 2024) | 4.0% | Pune, Maharashtra, India | |||
| Cci Transformer Private Limited | ₹5.26 Cr (FY 2025) | 212.0% | Gaya, Bihar, India | |||
| Sabka Transformers Private Limited | ₹5.26 Cr (FY 2024) | 11.0% | Aurangabad, Maharashtra, India | |||
| Elmag Devices Private Limitedthis company | ₹5.26 Cr (FY 2025) | ₹14.3 Lakh | 2.7% | -7.0% | Chennai, Tamil Nadu, India | |
| Evonne Industries Private Limited | ₹5.25 Cr (FY 2025) | 3.0% | Bhopal, Madhya Pradesh, India | |||
| Iga Tech Industrial Electronics Private Limited | ₹5.23 Cr (FY 2024) | 49.0% | Ernakulam, Kerala, India |
To see the full peer comparison of Elmag Devices Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Elmag Devices Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Elmag Devices Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Elmag Devices has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAGCE3632F1Z1 | Tamil Nadu | Active | 08 Apr 2021 |
To see the full GST registrations and return filing status of Elmag Devices Private Limited, buy the company report.
Recent activity
Elmag Devices Private Limited has 6 board changes on record since 2021: 4 appointments and 2 cessations. The latest: Salem Ramachandran Balasubramanyan ceased to be Additional Director on 29 Sep 2023.
AGM
Elmag Devices Private Limited last Annual general meeting of members was held on 05 Sep 2025 as per latest MCA records.
Filing
Elmag Devices Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Ceased
Salem Ramachandran Balasubramanyan ceased to be Additional Director.
Ceased
Salem Ramachandran Gopalakrishnan ceased to be Additional Director.
Appointed
Salem Ramachandran Balasubramanyan was appointed as Director.
Appointed
Salem Ramachandran Gopalakrishnan was appointed as Director.
Appointed
Shreyas Baratharaj was appointed as Director.
Appointed
Venkatraman Bharatharaj was appointed as Director.
Incorporation
08 Mar 2021
Elmag Devices Private Limited was registered on 08 Mar 2021 with Roc Chennai & aged 5 years 7 months as per MCA records.
Frequently asked questions
Elmag Devices is an active private limited company based in Chennai, Tamil Nadu, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 08 March 2021 (5+ years old) and is registered under CIN U31900TN2021PTC141879.
Elmag Devices has 4 current directors:
- Venkatraman Bharatharaj - Director
- Salem Ramachandran Gopalakrishnan - Director
- Salem Ramachandran Balasubramanyan - Director
- Shreyas Baratharaj - Director
The latest financial statements of Elmag Devices on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 05 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Elmag Devices is 33AAGCE3632F1Z1, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Elmag Devices is U31900TN2021PTC141879. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elmag Devices was incorporated on 08 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Elmag Devices by revenue are Alliance Controls Private Limited, Cci Transformer Private Limited, Sabka Transformers Private Limited, Evonne Industries Private Limited, Iga Tech Industrial Electronics Private Limited, all in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Salem Ramachandran Balasubramanyan ceased to be Additional Director on 29 Sep 2023. Salem Ramachandran Gopalakrishnan ceased to be Additional Director on 29 Sep 2023. Salem Ramachandran Balasubramanyan was appointed as Director on 10 Oct 2022. Elmag Devices has 6 board changes on record in total.
Yes, Elmag Devices is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0058861).
The registered office of Elmag Devices is at 63 2nd Link Street Nehru Nagar Kottivakkam Omr, Chennai, Tamil Nadu, India – 600041.
Elmag Devices operates in the energy and power industry, in the power equipment manufacturers segment.
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