MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-03-0004371
Magtech Motors Pvt Ltd
Magtech Motors Pvt Ltd - consumer electronics & durables in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹14,835
▼ 100% YoY
Net loss · FY 2025
₹8.16 Lakh
Latest filing
EBITDA · FY 2025
-₹5.49 Lakh
Latest filing
Authorised capital
₹2.55 Cr
Registered with MCA
Paid-up capital
₹1.06 Cr
Issued & subscribed
Company age
35 yrs
Est. 1991
Employees · EPFO
1
Provident fund records
Directors on board
2
As per MCA filings
About Magtech Motors Pvt Ltd
Data last updated:
Magtech Motors Pvt Ltd is a private limited company based in Ahmedabad, Gujarat, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 08 March 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U50101GJ1991PTC015178. Its GSTIN is 24AABCM0018L1ZU (Gujarat).
The company has an authorised share capital of ₹2.55 Cr and a paid-up capital of ₹1.06 Cr. It is led by directors Bhavesh Patel Girishbhai and Jayshreeben Patel Rohitkumar.
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 G – 9 Chinubhai Centre Nr. Patang Hotel Ashram Road, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2025, the company reported a revenue of ₹14,835, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹8.16 Lakh and EBITDA of -₹5.49 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 78% over three years and 65% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
Magtech Motors Pvt Ltd is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-03-0004371). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U50101GJ1991PTC015178
Registration Number 015178
Incorporation Date 08 March 1991
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 Micro
Udyam Registration UDYAM-GJ-03-0004371
Recognitions & Rankings of Magtech Motors
Contact details
Magtech Motors Pvt Ltd's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressG – 9 Chinubhai Centre Nr. Patang Hotel Ashram Road, Ahmedabad, Gujarat, India – 380009
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Magtech Motors Pvt Ltd, buy the company report.
Comprehensive company report
Magtech Motors Pvt Ltd - 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
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Financials of Magtech Motors Pvt Ltd
FY 2025 filings availableMagtech Motors Pvt Ltd reported revenue of ₹14,835 (down 100% YoY) for FY 2025.
Revenue · FY 2025
₹14,835 ▼ 100%
Net loss · FY 2025
₹8.16 Lakh
EBITDA · FY 2025
-₹5.49 Lakh
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▼ 78%
5 years · compounded
▼ 65%
EBITDA CAGR growth
1 year
▼ 116%
3 years · compounded
▼ 51%
5 years · compounded
▼ 30%
Revenue has declined at a compounded annual rate (CAGR) of 65% over five years. EBITDA fell 116% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹5.49 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹8.16 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick 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 Magtech Motors Pvt Ltd, buy the company report.
Board of directors of Magtech Motors Pvt Ltd
Magtech Motors has 2 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 |
|---|---|---|---|---|
| Bhavesh Patel Girishbhai | Director | 24 Nov 2020 | 5 Years 11 Months | Current |
| Jayshreeben Patel Rohitkumar Also directs: Milcent Appliances Private Limited | Director | 08 Mar 1991 | 35 Years 7 Months | Current |
Peer comparison
Magtech Motors Pvt Ltd is compared with the 4 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), 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 |
|---|---|---|---|---|---|---|
| Rozemega Power Private Limited | ₹15,118 (FY 2018) | -21.0% | New Delhi, Delhi, India | |||
| Magtech Motors Pvt Ltdthis company | ₹14,835 (FY 2025) | -₹8.16 Lakh | -100.0% | 1 | Ahmedabad, Gujarat, India | |
| Vistas Engineers Private Limited | ₹14,560 (FY 2024) | -100.0% | Ahmedabad, Gujarat, India | |||
| Luminosity Solutions Private Limited | ₹14,499 (FY 2024) | 19.0% | New Delhi, Delhi, India | |||
| Retro Electric Private Limited | ₹14,461 (FY 2025) | -100.0% | Delhi, India |
To see the full peer comparison of Magtech Motors Pvt Ltd, buy the company report.
Auditor
Magtech Motors Pvt Ltd is audited by C. R. Sharedalal & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C. R. Sharedalal & Co. | FY 2023 | 109943W |
Shareholding
The shareholding of Magtech Motors Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Magtech Motors Pvt Ltd, buy the company report.
Legal cases
No court or tribunal cases involving Magtech Motors Pvt Ltd 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 Magtech Motors Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Magtech Motors Pvt Ltd has a workforce of 1 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
1
Active EPFO establishments
1
GST
Magtech Motors has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCM0018L1ZU | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Magtech Motors Pvt Ltd, buy the company report.
Recent activity
Magtech Motors Pvt Ltd has 4 board changes on record since 1991: 2 appointments and 2 cessations. The latest: Bhavesh Patel Girishbhai was appointed as Director on 24 Nov 2020.
AGM
Magtech Motors Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Magtech Motors Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Bhavesh Patel Girishbhai was appointed as Director.
Ceased
Rohitkumar Patel Jashbhai ceased to be Director.
Ceased
Jashbhai Maganbhai Patel ceased to be Director.
Appointed
Jayshreeben Patel Rohitkumar was appointed as Director.
Incorporation
08 Mar 1991
Magtech Motors Pvt Ltd was registered on 08 Mar 1991 with Roc Ahmedabad & aged 35 years 7 months as per MCA records.
Frequently asked questions
Magtech Motors is an active private limited company based in Ahmedabad, Gujarat, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 08 March 1991 (35+ years old) and is registered under CIN U50101GJ1991PTC015178.
Magtech Motors has 2 current directors:
- Bhavesh Patel Girishbhai - Director
- Jayshreeben Patel Rohitkumar - Director
The latest financial statements of Magtech Motors 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 Magtech Motors is 24AABCM0018L1ZU, registered in Gujarat.
The CIN (Corporate Identification Number) of Magtech Motors is U50101GJ1991PTC015178. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magtech Motors was incorporated on 08 March 1991, making it 35+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Magtech Motors by revenue are Rozemega Power Private Limited, Vistas Engineers Private Limited, Luminosity Solutions Private Limited, Retro Electric Private Limited, all in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Bhavesh Patel Girishbhai was appointed as Director on 24 Nov 2020. Rohitkumar Patel Jashbhai ceased to be Director on 10 Nov 2020. Jashbhai Maganbhai Patel ceased to be Director on 01 Apr 2007. Magtech Motors has 4 board changes on record in total.
Yes, Magtech Motors is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-03-0004371).
The registered office of Magtech Motors is at G – 9 Chinubhai Centre Nr. Patang Hotel Ashram Road, Ahmedabad, Gujarat, India – 380009.
Magtech Motors operates in the consumer electronics and durables industry, in the electronics manufacturing segment.
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