- Udyam number
- UDYAM-TS-20-0001255

About Elmas Magnetics Private Limited
Data last updated:
Elmas Magnetics Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 02 February 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U51507TG2005PTC045230. Its GSTIN is 36AABCE4392D1ZT (Telangana). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.93 Cr. It is led by directors including Vijaya Kumar Gummadi (Managing Director) and Venkata Nagasivaram Prasad Balijepalli (Whole-Time Director).
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No 208/9 Phase – II Ida Cherlapally, Hyderabad, Telangana, India – 500051.
As per the financials filed for FY 2024, the company reported a revenue of ₹106.89 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹14.11 Cr (net margin 13.2%) and EBITDA of ₹19.76 Cr (EBITDA margin 18.5%). Revenue has grown at a compounded annual rate (CAGR) of 86% over three years and 48% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: ELMAS. As per MCA filings, the company has open charges of ₹24.73 Cr and satisfied charges of ₹1.05 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 3 cases are pending.
Elmas Magnetics Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-TS-20-0001255). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website elmas.co.in.
Company details
CIN history
Elmas Magnetics has one previous CIN (Corporate Identification Number): U51507AP2005PTC045230. The current CIN is U51507TG2005PTC045230, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51507TG2005PTC045230 | Current |
| U51507AP2005PTC045230 | Previous |
Recognitions & Rankings of Elmas Magnetics
Contact details
Elmas Magnetics Private Limited's registered office is in Hyderabad, Telangana. Its website is elmas.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No 208/9 Phase – II Ida Cherlapally, Hyderabad, Telangana, India – 500051
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Elmas Magnetics Private Limited, buy the company report.
- 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
Brands
Elmas Magnetics operates one associated brand: ELMAS. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of transformers for industrial and utility applications. | elmas.co.in |
Business activity
The main business activity of Elmas Magnetics is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Elmas Magnetics Private Limited, buy the company report.
Financials of Elmas Magnetics Private Limited
FY 2024 filings availableElmas Magnetics Private Limited reported revenue of ₹106.89 Cr (up 24% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 48% over five years, including 24% growth in the latest year. EBITDA rose 307% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹19.76 Cr | ||||
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| Net Profit (PAT) | ₹14.11 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 18.5% | ||||
| Net Profit Margin | 13.2% | ||||
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To see the full financial statements and ratios of Elmas Magnetics Private Limited, buy the company report.
Board of directors of Elmas Magnetics Private Limited
Elmas Magnetics has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkata Nagasivaram Prasad Balijepalli | Whole-Time Director | 02 Feb 2005 | 21 Years 9 Months | Current |
| Vijaya Kumar Gummadi | Managing Director | 02 Feb 2005 | 21 Years 9 Months | Current |
| Gummadi Malitha Also directs: Hardcase Power Systems Private Limited | Director | 29 Nov 2023 | 2 Years 11 Months | Current |
Auditor
Elmas Magnetics Private Limited is audited by VASIREDDI & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VASIREDDI & CO | FY 2023 | 004551S |
Shareholding
The shareholding of Elmas Magnetics Private Limited 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 Elmas Magnetics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 May 2025 | 101112598 | Others | ₹8 Lakh | Open | |
| 29 Apr 2025 | 101112595 | Others | ₹20 Lakh | Open | |
| 01 Aug 2024 | 100965729 | Others | ₹30 Lakh | Open | |
| 29 May 2024 | 100933052 | Others | ₹30 Lakh | Open | |
| 20 Oct 2023 | 100842822 | Others | ₹5 Lakh | Open |
To see the full charge records of Elmas Magnetics Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Elmas Magnetics Private Limited has 3 court cases on record: 3 filed by Elmas Magnetics. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 3 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Writ petition | Filed by the company against The Additional Commissioner of Customs (Group 5A) | Pending |
| Madras High Court | Interim or miscellaneous application | Filed by the company against The Additional Commissioner of Customs (Group 5A) | Pending |
To see the full case history of Elmas Magnetics Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Elmas Magnetics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Elmas Magnetics Private Limited has a workforce of 17 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Elmas Magnetics has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AABCE4392D1ZT | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Elmas Magnetics Private Limited, buy the company report.
Recent activity
Elmas Magnetics Private Limited has 4 board changes on record since 2005: 3 appointments and 1 cessation. The latest: Gummadi Malitha ceased to be Additional Director on 27 Sep 2024.
7 earlier events are in the company report.
Frequently asked questions
Elmas Magnetics is an active private limited company based in Hyderabad, Telangana, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 02 February 2005 (21+ years old) and is registered under CIN U51507TG2005PTC045230.
Elmas Magnetics has 3 current directors:
- Vijaya Kumar Gummadi - Managing Director
- Venkata Nagasivaram Prasad Balijepalli - Whole-Time Director
- Gummadi Malitha - Director
The latest financial statements of Elmas Magnetics on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Elmas Magnetics is 36AABCE4392D1ZT, registered in Telangana. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Elmas Magnetics is U51507TG2005PTC045230. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elmas Magnetics has 3 court cases on record: 3 filed by the company. 3 are pending.
Elmas Magnetics was incorporated on 02 February 2005, making it 21+ years old. It is registered with the Registrar of Companies, Hyderabad.
Gummadi Malitha ceased to be Additional Director on 27 Sep 2024. Gummadi Malitha was appointed as Director on 29 Nov 2023. Venkata Nagasivaram Prasad Balijepalli was appointed as Whole-Time Director on 02 Feb 2005. Elmas Magnetics has 4 board changes on record in total.
Yes, Elmas Magnetics is registered as an MSME under Udyam registration (number: UDYAM-TS-20-0001255).
Elmas Magnetics can be reached through the website elmas.co.in. Its registered office is in Hyderabad, Telangana, India.

