About Magic Software Enterprises
Magic Software Enterprises is a publicly listed company based in Or Yehuda (Israel) founded in 1983. Mobile device management and enterprise integration platforms are offered. The company has 3,790 employees. Magic Software Enterprises has completed 5 acquisitions, including Appush, Insync Staffing and Magix. Its website magicsoftware.com draws about 34 thousand monthly visits. Its Indian entity Magic Software Enterprises India Private Limited reported revenue of ₹46.95 Cr. Its focus areas include Enterprise Infrastructure, Application Development Tools, Code Development and Low Code Development Platforms.
Company details
Magic Software Enterprises provides mobile and cloud-enabled application and business integration platforms. Product Magic MDM provides enterprise mobility solution which includes Magic xpa Application Platform, acode-free metadata platform for developing and deploying mobile, Web, SOA and desktop applications; Magic xpi Integration Platform, a code-free SOA-based business and process integration suite for integration of applications; and Magic Mobility Professional Services, service for implementation, maintenance and training. MDM solution manages, support, secures and monitors corporate and BYOD devices via a web-based multi-management console for iOS, Android and Windows platforms. First Israeli software company to be listed on NASDAQ.
- Headquarters Or Yehuda, Israel
- Employees 3,790
- Stage Public
- SectorsTechnology
- Website magicsoftware.com
- Social LinkedIn X Facebook YouTube
- Legal Name Magic Software Enterprises Ltd.
- Indian entity revenue₹46.95 Cr
FY 2025 · +7% YoY
- Indian entity net profit₹5.08 Cr
FY 2025 · 11% margin
- Indian entity EBITDA₹7.56 Cr
FY 2025 · 16% margin
- Latest Funding Round$31.5M (USD), Debt – Conventional
Nov 2016
- Employee Count3,790
- Investments & AcquisitionsAppush
& 4 more
Associated legal entities of Magic Software Enterprises
Magic Software Enterprises operates through Magic Software Enterprises India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Magic Software Enterprises India Private Limited CIN U72200MH1997PTC112303 | Active | 08 Dec 1997 | Pune, Maharashtra | ₹47.0 Cr | 185 | 3 | View details |
Apps and channels of Magic Software Enterprises
its YouTube channel Magic Software has 2.05K subscribers and 30 videos.
Videos from Magic Software Enterprises
The most watched videos on Magic Software Enterprises's YouTube channel, Magic Software (2.05K subscribers). Click a video to play it here.
More on Magic Software.
Funding Insights of Magic Software Enterprises
- Total Rounds 3
- Last Round Debt – Conventional — $31.5M
- First Round $21.2M
(Dec 2010)
All 3 funding rounds of Magic Software Enterprises with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2016 | $31.5M | Debt – Conventional | – | – | – |
| Jan 2011 | $3.72M | Post-IPO | – | – | – |
| Dec 2010 | $21.2M | Post-IPO | – | – | – |
Board of directors of Magic Software Enterprises India Private Limited (Magic Software Enterprises)
Magic Software Enterprises India Private Limited is the primary company behind Magic Software Enterprises. The board of Magic Software Enterprises India Private Limited currently have 3 directors; the longest-serving is Asaf Berenstin, appointed in 2011. 9 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Asaf Berenstin DIN 03426891 | Director | 30 Mar 2011 | 15 yrs 7 mo | Magic Software Enterprises India Private Limited |
| Ashutosh Pravin Mashruwala DIN 06632821 | Director | 09 Dec 2021 | 4 yrs 10 mo | Magic Software Enterprises India Private Limited |
| Arie Kilman DIN 09554576 | Director | 30 Mar 2022 | 4 yrs 7 mo | Magic Software Enterprises India Private Limited |
People of Magic Software Enterprises
74 people are tracked at Magic Software Enterprises (19 in leadership, 5 in board & advisors, 50 in team); the tracked headcount is 3,790.
| Name | Role | Group |
|---|---|---|
Yuval Lavi | CTO | Leadership |
Guy Bernstein | CEO | Leadership |
| Chief Financial Officer | Leadership | |
Himanshu Trivedi | Head Of Delivery Operations | Leadership |
Pgmp® Himanshu Patel Cbe, Pmp®, Prince2® Practitioner | Chief Revenue Officer (india) | Leadership |
Eran Zarbian | Global Information Technology Director | Leadership |
Yuki Tsaroya | President Professional Staffing Services | Leadership |
Avivit Gruner | Head Of SOX And Internal Audit | Leadership |
Yuval Asheri | VP Product - Magic Xpa | Leadership |
Yuval Baruch | President, Applications Division | Leadership |
Yuval Sadan | Managing Director - Ipaas Business | Leadership |
Alon Razi | CTO | Leadership |
Mahesh Thipse | R&d Director | Leadership |
Eugene Mozhzhukhin | Appbuilder R&d Director | Leadership |
Kausik Dasgupta | Chief Technology Officer, Factoryeye US | Leadership |
Karin Netzer | Chief Marketing Officer | Leadership |
Amit Shelke | Head Of Marketing - India | Leadership |
Patricio Mendes | Director of Operations | Leadership |
Yehuda Am-Baruch | Chief Software Architect | Leadership |
Ron Ettlinger | Director | Board & advisors |
54 more people are available in the full profile.
Complete people profiles for Magic Software Enterprises
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Magic Software Enterprises
Magic Software Enterprises is a publicly listed company on the TASE with ticker symbol MGIC in Israel, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date28 Aug 1991
- Listed onNASDAQ: MGIC
- Listed entityMagic Software Enterprises Ltd.
- Exchange sectorTechnology services
- ISINIL0010823123
- Share price5,680.00 ILA (-1.98% on the day) · 2026-02-23
- Market capitalisation2,981,676,839.04 ILA
- Price to earnings21.1
- EPS (diluted, trailing year)2.69 ILA
- Dividend yield3.99%
- Volume (last session)72,943
- Analyst consensusNeutral
Financials of Magic Software Enterprises
Figures of Magic Software Enterprises India Private Limited, the primary company behind Magic Software Enterprises, for FY 2025. Revenue was ₹46.95 Cr (+7% year on year). Net profit was ₹5.08 Cr (11% margin). EBITDA was ₹7.56 Cr (16% margin). Revenue has grown at a compounded annual rate of +12% over three years and +13% over five years.
- ₹46.95 CrRevenue · FY 2025 · +7% YoY
- ₹5.08 CrNet profit · 11% margin
- ₹7.56 CrEBITDA · 16% margin
- ₹99 LakhPaid-up capital
- 185Employees (provident fund records)
- +12%Revenue CAGR, 3 years
- +13%Revenue CAGR, 5 years
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2024 | 2.01B ILS | 134.4M ILS | 295.8M ILS |
| 2023 | 1.94B ILS | 134.5M ILS | 282.9M ILS |
| 2022 | 1.99B ILS | 142.4M ILS | 283.8M ILS |
| 2021 | 1.49B ILS | 92.5M ILS | 231.4M ILS |
| 2020 | 1.19B ILS | 76.6M ILS | 178.6M ILS |
Balance sheet, profit and loss, cash flow and ratios of Magic Software Enterprises India Private Limited are on its company page.
Detailed financial statements for Magic Software Enterprises
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Magic Software Enterprises
Magic Software Enterprises has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Appush, Insync Staffing and Magix.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provider of games advertisement services | appush.com | New York, United States | 2016 | Aug 2022 | $25M | |
Low-code platform is used to build enterprise mobile apps. | powwowmobile.com | San Francisco, United States | 2012 | May 2019 | •••• | |
Patient-file and charting software solutions are designed and managed. | roshtov.com | Omer, Israel | 1989 | Jun 2016 | $21M | |
Recruitment services are provided to connect employers with candidates. | insyncstaffing.com | Fort Washington, United States | 2008 | Apr 2014 | •••• | |
Cyber-security services are provided to businesses in South Africa. | magix.co.za | Johannesburg, South Africa | 1995 | Dec 2010 | •••• |
Complete acquisition details for Magic Software Enterprises
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Magic Software Enterprises
9 dated milestones of Magic Software Enterprises across 39 years, from founding to its latest funding, stage changes and deals.
- Founded Magic Software Enterprises is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Magix.
- Funding First funding round of $21.2M.
- Acquisition Acquires Insync Staffing.
- Acquisition Acquires Roshtov Software Industries.
- Funding Latest funding round, Debt – Conventional, of $31.5M.
- Acquisition Acquires Pow Pow Mobile.
- Acquisition Acquires Appush.
Web traffic of Magic Software Enterprises
The website of Magic Software Enterprises (magicsoftware.com) receives about 33.6K visits a month.
- Monthly visits33.6K
▲ 2.7% vs previous month
Websites whose visitors overlap most with Magic Software Enterprises. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| astea.com | 100% | View details | |||
| sybase.com | 98% | 101.7K | #424,442 | View details | |
| oracle.com | 97% | 18.1M | #2,347 | View details | |
bphx.com | bphx.com | 97% | – | ||
| softbrick.nl | 97% | View details | |||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Magic Software Enterprises
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Verified entity values are shown only after access is granted.
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Related news about Magic Software Enterprises
Complete news archive for Magic Software Enterprises
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Verified entity values are shown only after access is granted.
Frequently Asked Questions about Magic Software Enterprises
Magic Software Enterprises was founded in 1983 and raised its 1st funding round 27 years after it was founded.
Magic Software Enterprises is headquartered in Or Yehuda, Israel.
Magic Software Enterprises has 3,790 employees.
The primary company behind Magic Software Enterprises, Magic Software Enterprises India Private Limited, reported revenue of ₹46.95 Cr for FY 2025, up 7% year on year.
Magic Software Enterprises provides mobile and cloud-enabled application and business integration platforms. Product Magic MDM provides enterprise mobility solution which includes Magic xpa Application Platform, acode-free metadata platform for developing and deploying mobile, Web, SOA and desktop applications; Magic xpi Integration Platform, a code-free SOA-based business and process integration suite for integration of applications; and Magic Mobility Professional Services, service for implementation, maintenance and training. MDM solution manages, support, secures and monitors corporate and BYOD devices via a web-based multi-management console for iOS, Android and Windows platforms. First Israeli software company to be listed on NASDAQ.
Yes, Magic Software Enterprises is publicly traded on TASE under the ticker symbol MGIC.
Magic Software Enterprises has made 5 acquisitions, including Appush, Insync Staffing, and Magix.
Magic Software Enterprises operates through Magic Software Enterprises India Private Limited.
The legal entities of Magic Software Enterprises currently have 3 directors, including Ashutosh Pravin Mashruwala, Arie Kilman, Asaf Berenstin.