About Magellanix Technology Solutions Private Limited
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Magellanix Technology Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 03 March 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2015PTC099477.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ramu Maheswaran (Managing Director) and Sridevi.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 2/534 A2 Block C Sundeep Kala Apartments Sundeep Road Neelankarai, Chennai, Tamil Nadu, India – 600041.
As per the financials filed for FY 2023, the company reported a revenue of ₹50.43 Lakh, a growth of 150% compared to the previous year. For the same year it recorded a net profit of ₹14.29 Lakh (net margin 28.3%) and EBITDA of ₹22.48 Lakh (EBITDA margin 44.6%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 11% over five years.
The company is associated with 1 brand: Magellanix.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website magellanix.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address2/534 A2 Block C Sundeep Kala Apartments Sundeep Road Neelankarai, Chennai, Tamil Nadu, India – 600041
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Associated Brands with Magellanix Technology Solutions Private Limited
Magellanix Technology Solutions operates one associated brand: Magellanix. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers a suite of IT services and solutions. | magellanix.com |
Business Activity of Magellanix Technology Solutions Private Limited
The main business activity of Magellanix Technology Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Magellanix Technology Solutions Private Limited FY 2023 filings available
Magellanix Technology Solutions Private Limited reported revenue of ₹50.43 Lakh (up 150% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Magellanix Technology Solutions Private Limited
Revenue rose 150% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 11%. EBITDA rose 469% 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 of Magellanix Technology Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹22.48 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹14.29 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
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| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Magellanix Technology Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 44.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 28.3% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Magellanix Technology Solutions are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Magellanix Technology Solutions Private Limited
Magellanix Technology Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sridevi | Director | 03 Mar 2015 | 11 Years 7 Months | Current |
| Ramu Maheswaran | Managing Director | 03 Mar 2015 | 11 Years 7 Months | Current |
Peer Comparison of Magellanix Technology Solutions Private Limited
Magellanix Technology Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sai Ram Communication Private Limited | ₹50.49 Lakh (FY 2025) | •••• | •••• | -55.0% | •••• | Chennai, Tamil Nadu, India |
| Zuneeue Technologies Private Limited | ₹50.47 Lakh (FY 2020) | •••• | •••• | -39.0% | •••• | Mumbai, Maharashtra, India |
| Haryana Television Limited | ₹50.46 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | Faridabad, Haryana, India |
| Abhipay Solutions Private Limited | ₹50.45 Lakh (FY 2024) | •••• | •••• | 536.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Prounico Networks Private Limited | ₹50.45 Lakh (FY 2024) | •••• | •••• | -43.0% | •••• | Chennai, Tamil Nadu, India |
| Magellanix Technology Solutions Private Limited this company | ₹50.43 Lakh (FY 2023) | •••• | •••• | 150.0% | •••• | Chennai, Tamil Nadu, India |
| Rara Botbuz Private Limited | ₹50.42 Lakh (FY 2025) | •••• | •••• | -43.0% | •••• | Rajkot, Gujarat, India |
| Apicle Technology Private Limited | ₹50.42 Lakh (FY 2024) | •••• | •••• | 8.0% | •••• | Kota, Rajasthan, India |
| Ideas Incorporated Private Limited | ₹50.41 Lakh (FY 2025) | •••• | •••• | 31.0% | •••• | New Delhi, Delhi, India |
| Cynosure Hub Private Limited | ₹50.35 Lakh (FY 2022) | •••• | •••• | 44.0% | •••• | Pune, Maharashtra, India |
| MBR Informatics Private Limited | ₹50.34 Lakh (FY 2025) | •••• | •••• | -34.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Magellanix Technology Solutions by revenue in the same principal business activity (Other information & communication service activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Magellanix Technology Solutions Private Limited
Magellanix Technology Solutions Private Limited is audited by G P R S K AND ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G P R S K AND ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Magellanix Technology Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Magellanix Technology Solutions Private Limited
Magellanix Technology Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Magellanix Technology Solutions Private Limited
Employment history and EPFO contributions of people linked to Magellanix Technology Solutions.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Magellanix Technology Solutions Private Limited
Magellanix Technology Solutions Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Ramu Maheswaran was appointed as Managing Director on 03 Mar 2015.
Credit Ratings, Litigation & Regulatory Alerts for Magellanix Technology Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Magellanix Technology Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Magellanix Technology Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Magellanix Technology Solutions Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Magellanix Technology Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Magellanix Technology Solutions Private Limited
Magellanix Technology Solutions is an active private limited company based in Chennai, Tamil Nadu, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 03 March 2015 (11+ years old) and is registered under CIN U72900TN2015PTC099477.
Magellanix Technology Solutions reported revenue of ₹50.43 Lakh for FY 2023 (up 150% YoY).
Magellanix Technology Solutions has 2 current directors:
- Ramu Maheswaran - Managing Director
- Sridevi - Director
Magellanix Technology Solutions reported a net profit of ₹14.29 Lakh (net margin 28.3%) and EBITDA of ₹22.48 Lakh (EBITDA margin 44.6%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Magellanix Technology Solutions is 6% over three years and -11% over five years. In the latest year (FY 2023) revenue rose 150%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Magellanix Technology Solutions is U72900TN2015PTC099477. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magellanix Technology Solutions was incorporated on 03 March 2015, making it 11+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Magellanix Technology Solutions by revenue are Sai Ram Communication Private Limited, Zuneeue Technologies Private Limited, Haryana Television Limited, Abhipay Solutions Private Limited, Prounico Networks Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Ramu Maheswaran was appointed as Managing Director on 03 Mar 2015. Sridevi was appointed as Director on 03 Mar 2015.
Magellanix Technology Solutions can be reached through the website magellanix.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Magellanix Technology Solutions is at 2534 A2 Block C Sundeep Kala Apartments Sundeep Road Neelankarai, Chennai, Tamil Nadu, India – 600041.