About Magtel Power
Magtel Power is a company based in Bengaluru (India). The company has 7 employees. Magtel Power offers products and services including Laminated Core Transformers and Ferrite Transformers and Chokes.
- Headquarter Bengaluru, India
- Employees 7
- SectorsEnergy & UtilitiesTechnology
- Email••••••••
- Legal Name Magtel Power Systems Pvt Ltd
- Date of Incorporation 10 Mar, 2005
- Jurisdiction Ramanagara, Karnataka, India
- Annual Revenue₹1.32 Cr
FY 2024 · -13% YoY
- Net Profit₹4.2 Lakh
FY 2024 · 3% margin
- EBITDA₹11.7 Lakh
FY 2024 · 9% margin
- Employee Count7
Associated legal entities of Magtel Power
Magtel Power operates through Magtel Power Systems Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Magtel Power Systems Private Limited CIN U31909KA2005PTC035800 | Active | 10 Mar 2005 | Ramanagara, Karnataka | ₹1.3 Cr | 7 | 3 | View details |
Products & Services of Magtel Power
Magtel Power offers a comprehensive portfolio of products and services, including Laminated Core Transformers and Ferrite Transformers and Chokes.
Design and manufacturing of laminated core transformers are carried out for applications in telecom, electrical, and power sectors.
Ferrite transformers and chokes are provided as part of the product range for industrial and automotive uses.
Board of directors of Magtel Power Systems Private Limited (Magtel Power)
Magtel Power Systems Private Limited is the primary company behind Magtel Power. The board of Magtel Power Systems Private Limited currently have 3 directors; the longest-serving is Mysore Narayanamurthy Latha, appointed in 2005. 9 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mysore Narayanamurthy Latha DIN 01581501 | Director | 10 Mar 2005 | 21 yrs 7 mo | Magtel Power Systems Private Limited |
| Gargeshwari Venkatramu Nagesh DIN 01549108 | Director | 23 Jun 2007 | 19 yrs 3 mo | Magtel Power Systems Private Limited |
| Anusha Gargi DIN 10731645 | Director | 06 Aug 2024 | 2 yrs 2 mo | Magtel Power Systems Private Limited |
Financials of Magtel Power
Figures of Magtel Power Systems Private Limited, the primary company behind Magtel Power, for FY 2024. Revenue was ₹1.32 Cr (-13% year on year). Net profit was ₹4.2 Lakh (3% margin). EBITDA was ₹11.7 Lakh (9% margin). Revenue has grown at a compounded annual rate of +8% over three years and -7% over five years.
- ₹1.32 CrRevenue · FY 2024 · -13% YoY
- ₹4.2 LakhNet profit · 3% margin
- ₹11.7 LakhEBITDA · 9% margin
- ₹1.00 CrPaid-up capital
- 7Employees (provident fund records)
- +8%Revenue CAGR, 3 years
- -7%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Magtel Power Systems Private Limited are on its company page.
Detailed financial statements for Magtel Power
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
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Similar companies to Magtel Power
10 companies that operate in the same segment as Magtel Power (Nuclear & Fusion Energy), ranked by their profile score on The Company Check.
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Advanced nuclear reactors are designed, built, and operated by Newcleo. | 2021 | London, England, United Kingdom | USD 769.93 M | USD 11.38 M | – | |
Deuterium-based magnetic-nuclear fusion reactors are developed for power generation. | 2010 | Redmond, Washington, United States | USD 1.44 B | – | – | |
Energy corporation | 1903 | Newark, New Jersey, United States | – | USD 12.28 B | 13,050 | |
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FRC nuclear fusion reactors are developed using advanced beam technology. | 1998 | Lake Forest, California, United States | USD 1.32 B | – | – |
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Frequently Asked Questions about Magtel Power
Magtel Power is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Magtel Power has 7 employees.
The primary company behind Magtel Power, Magtel Power Systems Private Limited, reported revenue of ₹1.32 Cr for FY 2024, down 13% year on year.
Magtel Power is identified as a company focused on the design and manufacturing of dry-type transformers, having been established in 2005. A competitive supplier of high-quality power and SMPS magnetics for domestic and EU markets is noted, with offerings that include custom dry-type transformers, reactors, chokes, and related components. Emphasis is placed on product innovation and the provision of customized professional-grade magnetics at affordable prices. The company operates across sectors such as telecom, electrical, automobile, solar, and power electronics, where customer satisfaction through timely quality products is prioritized. Operations are based in Bangalore, India.
Magtel Power offers Laminated Core Transformers and Ferrite Transformers and Chokes.
Magtel Power operates through Magtel Power Systems Private Limited.
The legal entities of Magtel Power currently have 3 directors, including Gargeshwari Venkatramu Nagesh, Mysore Narayanamurthy Latha, Anusha Gargi.