Advanced Magnetics Private Limited
About Advanced Magnetics Private Limited
Data last updated:
Advanced Magnetics Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the manufacturing segment of the electronics sector. It was incorporated on 21 August 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31300MH1981PTC025056.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Yezdi Eruchshaw Patel and Shiraz Yezdi Patel.
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 B – 906 Quantum Park Union Park Off Carter Road Khar (West), Mumbai, Maharashtra, India – 400052.
As per MCA filings, the company has open charges of ₹8 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
CIN History
Advanced Magnetics has one previous CIN (Corporate Identification Number): U31300MH1981PLC025056. The current CIN is U31300MH1981PTC025056, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31300MH1981PTC025056 | Current |
| U31300MH1981PLC025056 | Previous |
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- Registered AddressB – 906 Quantum Park Union Park Off Carter Road Khar (West), Mumbai, Maharashtra, India – 400052
- IndustryElectrnoics, Manufacturing, Wire & Cable
- 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
Financials of Advanced Magnetics Private Limited
FY 2025 filings availableAdvanced Magnetics Private Limited reported revenue of ₹4,590 for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2014-15 to FY 2015-16in the company report |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | |
| Other Income | •••• | |
| Total Revenue | ₹4,590 | |
| Cost of Materials Consumed | •••• | |
| Employee Benefit Expense | •••• | |
| Finance Costs | •••• | |
| Depreciation and Amortisation | •••• | |
| Other Expenses | •••• | |
| Total Expenses | •••• | |
| EBITDA | •••• | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | •••• | |
| Balance Sheet | ||
| Share Capital | •••• | |
| Reserves and Surplus | •••• | |
| Net Worth (Total Equity) | •••• | |
| Long-term Borrowings | •••• | |
| Short-term Borrowings | •••• | |
| Trade Payables | •••• | |
| Total Liabilities | •••• | |
| Fixed Assets | •••• | |
| Investments | •••• | |
| Inventories | •••• | |
| Trade Receivables | •••• | |
| Cash and Bank Balance | •••• | |
| Total Assets | •••• | |
Financial Ratios
| Metrics | FY 2016-17 | FY 2014-15 to FY 2015-16in the company report |
|---|---|---|
| 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 | •••• | |
| 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, and every line for FY 2014-15 to FY 2015-16, 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 Advanced Magnetics 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
Board of Directors of Advanced Magnetics Private Limited
Advanced Magnetics has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yezdi Eruchshaw Patel Also directs: Patel Grani-Mines Private Limited, Bellehome Private Limited | Director | 09 May 2007 | 19 Years 5 Months | Current |
| Shiraz Yezdi Patel Also directs: Stax Restaurants LLP, Patel Grani-Mines Private Limited, Bellehome Private Limited and 3 more | Director | 20 Jun 2005 | 21 Years 4 Months | Current |
| Nikhil Sudhakar Shirodkar Also directs: Patel Grani-Mines Private Limited | Director | 14 Apr 2022 | 4 Years 6 Months | Current |
Auditor Details
Advanced Magnetics Private Limited is audited by Ashok Pandit & Co. for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Ashok Pandit & Co. | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Dec 1985 | New Bank of India | ₹8 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Advanced Magnetics.
: available in the company report
Recent Activity
Advanced Magnetics Private Limited has 7 board changes on record since 2005: 3 appointments and 4 cessations. The latest: Nikhil Sudhakar Shirodkar ceased to be Additional Director on 30 Sep 2022.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Advanced Magnetics is an active private limited company based in Mumbai, Maharashtra, India. The company works in manufacturing, within the electronics industry. It was incorporated on 21 August 1981 (45+ years old) and is registered under CIN U31300MH1981PTC025056.
Advanced Magnetics has 3 current directors:
- Yezdi Eruchshaw Patel - Director
- Shiraz Yezdi Patel - Director
- Nikhil Sudhakar Shirodkar - Director
The latest financial statements of Advanced 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 CIN (Corporate Identification Number) of Advanced Magnetics is U31300MH1981PTC025056. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Advanced Magnetics was incorporated on 21 August 1981, making it 45+ years old. It is registered with the Registrar of Companies, Mumbai.
Nikhil Sudhakar Shirodkar ceased to be Additional Director on 30 Sep 2022. Nikhil Sudhakar Shirodkar was appointed as Director on 14 Apr 2022. Marazban Feroz Hansotia ceased to be Additional Director on 30 Nov 2021. Advanced Magnetics has 7 board changes on record in total.
The registered office of Advanced Magnetics is at B – 906 Quantum Park Union Park Off Carter Road Khar West, Mumbai, Maharashtra, India – 400052.
Advanced Magnetics operates in the electronics industry, in the manufacturing segment.
Advanced Magnetics has open charges of ₹8 Lakh and no satisfied charges on record as per latest MCA filings.
The compliance status of Advanced Magnetics is compliant as of 01 August 2026. The company is actively filing with the Registrar of Companies.