Magnificent Cosourcing Private Limited
About Magnificent Cosourcing Private Limited
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Magnificent Cosourcing Private Limited is a private limited company based in Delhi, India. It operates in the service-based operations segment of the business services sector. It was incorporated on 20 August 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2019PTC354035.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nishant Kumar and Pankaj Singh Negi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Wz – 91 Tf Village Tatarpur New Delhi, Delhi, India – 110027.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.97 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹3.27 Lakh (net margin 1.1%) and EBITDA of ₹3.53 Lakh (EBITDA margin 1.2%).
The company has about 229 employees on its provident fund (EPFO) records.
Company details
Contact details
Magnificent Cosourcing Private Limited's registered office is in Delhi, Delhi.
- Registered AddressWz – 91 Tf Village Tatarpur New Delhi, Delhi, India – 110027
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
- 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
Business activity
The main business activity of Magnificent Cosourcing is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Magnificent Cosourcing Private Limited, buy the company report.
Financials of Magnificent Cosourcing Private Limited
FY 2024 filings availableMagnificent Cosourcing Private Limited reported revenue of ₹2.97 Cr (up 10% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 10% in the latest year. EBITDA rose 38% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹3.53 Lakh | |||
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| Net Profit (PAT) | ₹3.27 Lakh | |||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | ||||
| EBITDA Margin | 1.2% | |||
| Net Profit Margin | 1.1% | |||
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To see the full financial statements and ratios of Magnificent Cosourcing Private Limited, buy the company report.
Board of directors of Magnificent Cosourcing Private Limited
Magnificent Cosourcing has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nishant Kumar | Director | 20 Aug 2019 | 7 Years 2 Months | Current |
| Pankaj Singh Negi Also directs: Vito Net Private Limited, Invision Digital Network Private Limited | Director | 20 Aug 2019 | 7 Years 2 Months | Current |
Peer comparison
Magnificent Cosourcing Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (other support services to organizations), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Wing Global IT Services Private Limited | ₹2.98 Cr (FY 2025) | -11.0% | Chandigarh, India | |||
| Avante Finsec and Marketing Private Limited | ₹2.98 Cr (FY 2024) | 45.0% | Indore, Madhya Pradesh, India | |||
| Makewell Events Private Limited | ₹2.98 Cr (FY 2024) | 74305.0% | Noida, Uttar Pradesh, India | |||
| Emambit Private Limited | ₹2.98 Cr (FY 2025) | 11.0% | Delhi, India | |||
| Magnificent Cosourcing Private Limitedthis company | ₹2.97 Cr (FY 2023) | ₹3.27 Lakh | 1.1% | 10.0% | Delhi, India | |
| Techfit Engineering Private Limited | ₹2.97 Cr (FY 2025) | 39.0% | Panvel, Maharashtra, India | |||
| Mayoral Moda Infantil India Private Limited | ₹2.97 Cr (FY 2025) | 3.0% | Mumbai, Maharashtra, India | |||
| Shine Contractors Private Limited | ₹2.97 Cr (FY 2024) | 6.0% | New Delhi, Delhi, India | |||
| Ranipet Industrial Development and Services Association | ₹2.97 Cr (FY 2024) | -26.0% | Ranipet, Tamil Nadu, India | |||
| Ufd Delivery Solutions Private Limited | ₹2.97 Cr (FY 2024) | 582.0% | Bilaspur, Chhattisgarh, India |
To see the full peer comparison of Magnificent Cosourcing Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Magnificent Cosourcing 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 Magnificent Cosourcing Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Magnificent Cosourcing Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Magnificent Cosourcing Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Nishant Kumar was appointed as Director on 20 Aug 2019.
Frequently asked questions
Magnificent Cosourcing is an active private limited company based in Delhi, India. The company works in other services, within the business services industry. It was incorporated on 20 August 2019 (7+ years old) and is registered under CIN U74999DL2019PTC354035.
Magnificent Cosourcing has 2 current directors:
- Nishant Kumar - Director
- Pankaj Singh Negi - Director
The latest financial statements of Magnificent Cosourcing on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Magnificent Cosourcing is U74999DL2019PTC354035. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magnificent Cosourcing was incorporated on 20 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Magnificent Cosourcing by revenue are Wing Global IT Services Private Limited, Avante Finsec and Marketing Private Limited, Makewell Events Private Limited, Emambit Private Limited, Techfit Engineering Private Limited and 4 more, all in the same principal business activity (other support services to organizations).
Nishant Kumar was appointed as Director on 20 Aug 2019. Pankaj Singh Negi was appointed as Director on 20 Aug 2019.
The registered office of Magnificent Cosourcing is at Wz – 91 Tf Village Tatarpur New Delhi, Delhi, India – 110027.
Magnificent Cosourcing operates in the business services industry, in the other services segment.
Magnificent Cosourcing can be reached at its registered office: Wz – 91 Tf Village Tatarpur New Delhi, Delhi, India – 110027.
Magnificent Cosourcing is registered under the jurisdiction of the Registrar of Companies (ROC), Delhi.
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