MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0060083
Jaykrishna Magnetics Private Limited - machinery and equipment in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹30.28 Cr
▲ 44% YoY
Net profit · FY 2024
₹5.67 Cr
Net margin 18.7%
EBITDA · FY 2024
₹7.92 Cr
EBITDA margin 26.2%
Authorised capital
₹8 Lakh
Registered with MCA
Paid-up capital
₹5.02 Lakh
Issued & subscribed
Company age
43 yrs
Est. 1983
Directors on board
4
As per MCA filings
Active GSTINs
1
GST registered
About Jaykrishna Magnetics Private Limited
Data last updated:
Jaykrishna Magnetics Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 14 April 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31100GJ1983PTC006097. Its GSTIN is 24AABCV5721F1ZM (Gujarat).
The company has an authorised share capital of ₹8 Lakh and a paid-up capital of ₹5.02 Lakh. It was formerly known as Jaykrishna Switchgears Private Limited and Vatsal Magnetics Private Limited. It is led by directors including Nalini Maniar Manharlal and Jaykrishna Manharlal Maniar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 5 To 7 Sardar Patel Industrial Estate Sardar Patel Ring Road Odhav, Ahmedabad, Gujarat, India – 382415.
As per the financials filed for FY 2024, the company reported a revenue of ₹30.28 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹5.67 Cr (net margin 18.7%) and EBITDA of ₹7.92 Cr (EBITDA margin 26.2%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 11% over five years.
The company is associated with 2 brands: Jaykrishna Magnetics and Jaykrishna Magnetic. Court records list 4 cases involving the company, including 4 filed by the company.
Jaykrishna Magnetics Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0060083). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jkmagnetics.com.
Company details
CIN U31100GJ1983PTC006097
Registration Number 006097
Incorporation Date 14 April 1983
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0060083
Name history
Jaykrishna Magnetics has undergone 2 name changes throughout its history. The company was previously known as Jaykrishna Switchgears Private Limited, and Vatsal Magnetics Private Limited. The current legal name is Jaykrishna Magnetics Private Limited.
| Company Name | Status |
|---|---|
| Jaykrishna Magnetics Private Limited | Current |
| Jaykrishna Switchgears Private Limited | Previous |
| Vatsal Magnetics Private Limited | Previous |
Key People
Nalini Maniar Manharlal Director Jaykrishna Manharlal Maniar Director Tejal Jaykrishna Maniar Director Recognitions & Rankings of Jaykrishna Magnetics
Contact details
Jaykrishna Magnetics Private Limited's registered office is in Ahmedabad, Gujarat. Its website is jkmagnetics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address5 To 7 Sardar Patel Industrial Estate Sardar Patel Ring Road Odhav, Ahmedabad, Gujarat, India – 382415
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Jaykrishna Magnetics Private Limited, buy the company report.
Comprehensive company report
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- 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
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Brands
Jaykrishna Magnetics operates two associated brands: Jaykrishna Magnetics and Jaykrishna Magnetic. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Leading manufacturer of magnetic separators and vibratory equipment for various industries. | jkmagnetic.com | |
| Manufacturing of magnetic separators and vibratory equipment in India. | jkmagnetics.com |
Business activity
The main business activity of Jaykrishna Magnetics 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 Jaykrishna Magnetics Private Limited, buy the company report.
Financials of Jaykrishna Magnetics Private Limited
FY 2025 filings availableJaykrishna Magnetics Private Limited reported revenue of ₹30.28 Cr (up 44% YoY) for FY 2024.
Revenue · FY 2024
₹30.28 Cr ▲ 44%
Net profit · FY 2024
₹5.67 Cr margin 18.7%
EBITDA · FY 2024
₹7.92 Cr margin 26.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 44%
3 years · compounded
▲ 27%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▲ 71%
3 years · compounded
▲ 44%
5 years · compounded
▲ 22%
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 44% growth in the latest year. EBITDA rose 71% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹7.92 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.67 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Investments | |||||
| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 26.2% | ||||
| Net Profit Margin | 18.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Jaykrishna Magnetics Private Limited, buy the company report.
Board of directors of Jaykrishna Magnetics Private Limited
Jaykrishna Magnetics has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nalini Maniar Manharlal | Director | 01 Oct 2005 | 21 Years 1 Months | Current |
| Jaykrishna Manharlal Maniar | Director | 30 Aug 2016 | 10 Years 2 Months | Current |
| Tejal Jaykrishna Maniar | Director | 30 Aug 2016 | 10 Years 2 Months | Current |
| Vatsal Jaykrishna Maniar | Director | 30 Apr 2019 | 7 Years 6 Months | Current |
Auditor
Jaykrishna Magnetics Private Limited is audited by J B R & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J B R & ASSOCIATES | FY 2021 | 148822W |
Shareholding
The shareholding of Jaykrishna Magnetics Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Jaykrishna Magnetics Private Limited, buy the company report.
Legal cases
Jaykrishna Magnetics Private Limited has 4 court cases on record: 4 filed by Jaykrishna Magnetics. All cases are disposed.
Total cases
4
Filed by the company
4
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 0 |
Cases on record (2 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (COMP) | Filed by the company against an individual | Disposed |
| High Court, GUJARAT | Commercial suit | Filed by the company against an individual | Disposed |
To see the full case history of Jaykrishna Magnetics Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Jaykrishna Magnetics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Jaykrishna Magnetics has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCV5721F1ZM | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Jaykrishna Magnetics Private Limited, buy the company report.
Recent activity
Jaykrishna Magnetics Private Limited has 10 board changes on record since 2000: 7 appointments and 3 cessations. The latest: Dhaneshkumar Chhatbar ceased to be Director on 14 May 2021.
AGM
Jaykrishna Magnetics Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Jaykrishna Magnetics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Dhaneshkumar Chhatbar ceased to be Director.
Ceased
Manharlal Himatlal Maniar ceased to be Managing Director.
Appointed
Vatsal Jaykrishna Maniar was appointed as Director.
Appointed
Jaykrishna Manharlal Maniar was appointed as Director.
Appointed
Tejal Jaykrishna Maniar was appointed as Director.
Ceased
Gopibahen Manharlal Maniar ceased to be Director.
Appointed
Manharlal Himatlal Maniar was appointed as Managing Director.
Appointed
Nalini Maniar Manharlal was appointed as Director.
Appointed
Dhaneshkumar Chhatbar was appointed as Director.
Appointed
Gopibahen Manharlal Maniar was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Jaykrishna Magnetics is an active private limited company based in Ahmedabad, Gujarat, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 14 April 1983 (43+ years old) and is registered under CIN U31100GJ1983PTC006097.
Jaykrishna Magnetics has 4 current directors:
- Nalini Maniar Manharlal - Director
- Jaykrishna Manharlal Maniar - Director
- Tejal Jaykrishna Maniar - Director
- Vatsal Jaykrishna Maniar - Director
The latest financial statements of Jaykrishna Magnetics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Jaykrishna Magnetics is 24AABCV5721F1ZM, registered in Gujarat.
The CIN (Corporate Identification Number) of Jaykrishna Magnetics is U31100GJ1983PTC006097. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jaykrishna Magnetics has 4 court cases on record: 4 filed by the company.
Jaykrishna Magnetics was incorporated on 14 April 1983, making it 43+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Dhaneshkumar Chhatbar ceased to be Director on 14 May 2021. Manharlal Himatlal Maniar ceased to be Managing Director on 04 Aug 2019. Vatsal Jaykrishna Maniar was appointed as Director on 30 Apr 2019. Jaykrishna Magnetics has 10 board changes on record in total.
Yes, Jaykrishna Magnetics is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0060083).
Jaykrishna Magnetics can be reached through the website jkmagnetics.com. Its registered office is in Ahmedabad, Gujarat, India.
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