MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0093686
EV Magnachem Private Limited
EV Magnachem Private Limited - machinery and equipment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹12.44 Cr
▲ 21% YoY
Net profit · FY 2025
₹5.39 Lakh
Net margin 0.4%
EBITDA · FY 2025
₹1.23 Cr
EBITDA margin 9.9%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹1.92 Cr
Issued & subscribed
Open charges
₹8.55 Cr
Satisfied ₹24.46 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
9
Provident fund records
About EV Magnachem Private Limited
Data last updated:
EV Magnachem Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 16 January 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U13100MH2003PTC138710. Its GSTIN is 27AACCB0354P1ZJ (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.92 Cr. It was formerly known as Baidyanath Minerals Private Limited. It is led by directors including Nitin Wasudeorao Chakole and Sachin Lalit Bajla.
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.44 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹5.39 Lakh (net margin 0.4%) and EBITDA of ₹1.23 Cr (EBITDA margin 9.9%). Revenue has declined at a compounded annual rate (CAGR) of 14% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹8.55 Cr and satisfied charges of ₹24.46 Cr on record.
EV Magnachem Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0093686). The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of EV Magnachem Private Limited
CIN U13100MH2003PTC138710
Registration Number 138710
Incorporation Date 16 January 2003
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 15 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-18-0093686
Key People
Nitin Wasudeorao Chakole Director Sachin Lalit Bajla Director Shivang Sachin Bajla Director Recognitions & Rankings of EV Magnachem
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressHallmark Business Plaza 5th Floor Sant Dnyaneshwar Marg Opp Gurunanak Hospital, Bandra E, Mumbai, Maharashtra, India – 400051
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
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Business Activity of EV Magnachem Private Limited
The main business activity of EV Magnachem is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of EV Magnachem Private Limited FY 2025 filings available
EV Magnachem Private Limited reported revenue of ₹12.44 Cr (up 21% YoY) for FY 2025.
Revenue · FY 2025
₹12.44 Cr ▲ 21%
Net profit · FY 2025
₹5.39 Lakh margin 0.4%
EBITDA · FY 2025
₹1.23 Cr margin 9.9%
Compounded Annual Growth Rate (CAGR) of EV Magnachem Private Limited
Revenue CAGR growth
1 year
▲ 21%
5 years · compounded
▼ 14%
EBITDA CAGR growth
1 year
▲ 132%
5 years · compounded
▼ 13%
Revenue rose 21% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 14%. EBITDA rose 132% 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 of EV Magnachem Private Limited
| 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 | ₹1.23 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.39 Lakh | •••• | •••• | •••• | •••• |
| 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 of EV Magnachem Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.4% | •••• | •••• | •••• | •••• |
| 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 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 EV Magnachem are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of EV Magnachem Private Limited
EV Magnachem has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Wasudeorao Chakole | Director | 15 Apr 2015 | 11 Years 6 Months | Current |
| Sachin Lalit Bajla | Director | 06 Mar 2025 | 1 Years 7 Months | Current |
| Shivang Sachin Bajla Also directs: Dharni Sampda Private Limited | Director | 16 Aug 2025 | 1 Years 2 Months | Current |
Peer Comparison of EV Magnachem Private Limited
EV Magnachem Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Components Retail and Distribution, Materials Retail and Distribution, Metal Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Imi Impex Private Limited | ₹12.49 Cr (FY 2024) | •••• | •••• | -32.0% | •••• | Ahmedabad, Gujarat, India |
| Tatanagar Enterprises Private Limited | ₹12.46 Cr (FY 2025) | •••• | •••• | 117.0% | •••• | Jamshedpur, Jharkhand, India |
| Vow Tradeimpex Private Limited | ₹12.46 Cr (FY 2025) | •••• | •••• | 260.0% | •••• | Delhi, India |
| Hexa Tradex Limited Listed | ₹12.46 Cr (FY 2025) | •••• | •••• | -91.0% | •••• | Mathura, Uttar Pradesh, India |
| Shivratri Vyapaar Private Limited | ₹12.45 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Raghunathpur, West Bengal, India |
| EV Magnachem Private Limited this company | ₹12.44 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Mumbai, Maharashtra, India |
| Indinese Global Private Limited | ₹12.44 Cr (FY 2024) | •••• | •••• | -27.0% | •••• | New Delhi, Delhi, India |
| Chandra Limes Private Limited | ₹12.44 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Jaipur, Rajasthan, India |
| Kasim Coal and Logistics Private Limited | ₹12.44 Cr (FY 2017) | •••• | •••• | -57.0% | •••• | Chennai, Tamil Nadu, India |
| RNG Vivo Private Limited | ₹12.43 Cr (FY 2025) | •••• | •••• | -32.0% | •••• | Delhi, India |
| Ayesh Coal Trading Private Limited | ₹12.41 Cr (FY 2025) | •••• | •••• | 235.0% | •••• | Dhanbad, Jharkhand, India |
Peers are the five companies nearest above and the five nearest below EV Magnachem by revenue in the Metals and Minerals industry (Components Retail and Distribution, Materials Retail and Distribution, Metal Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of EV Magnachem Private Limited
EV Magnachem Private Limited is audited by MGB & CO LLP for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MGB & CO LLP | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of EV Magnachem Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of EV Magnachem Private Limited
Open charges
₹8.55 Cr
Satisfied charges
₹24.46 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Aug 2023 | Hdfc Bank Limited | ₹8.55 Cr | Satisfied |
| 03 Jan 2022 | Others | ₹30.25 Lakh | Satisfied |
| 02 Jan 2021 | Others | ₹60 Lakh | Satisfied |
| 29 Mar 2019 | Others | ₹8 Cr | Satisfied |
| 28 Sep 2016 | Lakshmi Vilas Bank Limited | ₹6.3 Cr | Satisfied |
Total charge records: 6 View all charges
MSME Payment Delays by EV Magnachem Private Limited
EV Magnachem Private Limited has 14 MSME Form 1 returns on record between 2019 and 2024, listing 186 overdue payments to 39 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 39)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Cargo One Oceanair Logistics Private Limited | •••• | •••• | •••• |
| S.M. Services | •••• | •••• | •••• |
| MGB Advisors Private Limited | •••• | •••• | •••• |
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Full MSME payment history
Every supplier, amount and due date from all 14 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at EV Magnachem Private Limited
EV Magnachem Private Limited has a workforce of 9 employees as of Apr 07, 2024.
Employee count
9
Active EPFO establishments
1
Employee growth
12.5%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on EV Magnachem Private Limited
EV Magnachem Private Limited has 15 board changes on record since 2008: 3 appointments and 12 cessations. The latest: Shivang Sachin Bajla ceased to be Additional Director on 14 Sep 2025.
AGM
Ev Magnachem Private Limited last Annual general meeting of members was held on 15 Sep 2025 as per latest MCA records.
Ceased
Shivang Sachin Bajla ceased to be Additional Director.
Appointed
Shivang Sachin Bajla was appointed as Director.
Filing
Ev Magnachem Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Sachin Lalit Bajla was appointed as Director.
Charges
A charge registered on 25 Aug 2023 via Charge ID 100796876 with Hdfc Bank Limited was fully satisfied on 31 Jan 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 8.55 Cr registered on 25 Aug 2023 with Charge ID 100796876 was modified on 07 Nov 2023.
Charges
A charge registered on 03 Jan 2022 via Charge ID 100520748 with Others was fully satisfied on 02 Sep 2023.
Charges
A charge registered on 02 Jan 2021 via Charge ID 100410325 with Others was fully satisfied on 02 Sep 2023.
Charges
A charge registered on 29 Mar 2019 via Charge ID 100255994 with Others was fully satisfied on 02 Sep 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 8.55 Cr with Charge ID 100796876 was registered on 25 Aug 2023.
Charges
A charge with Others amounted to Rs. 0.30 Cr with Charge ID 100520748 was registered on 03 Jan 2022.
20 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for EV Magnachem Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of EV Magnachem Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of EV Magnachem Private Limited
EV Magnachem has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCB0354P1ZJ | Maharashtra | Active | 01 Jul 2017 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of EV Magnachem Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about EV Magnachem Private Limited
EV Magnachem is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 16 January 2003 (23+ years old) and is registered under CIN U13100MH2003PTC138710.
EV Magnachem reported revenue of ₹12.44 Cr for FY 2025 (up 21% YoY).
EV Magnachem has 3 current directors:
- Nitin Wasudeorao Chakole - Director
- Sachin Lalit Bajla - Director
- Shivang Sachin Bajla - Director
EV Magnachem reported a net profit of ₹5.39 Lakh (net margin 0.4%) and EBITDA of ₹1.23 Cr (EBITDA margin 9.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of EV Magnachem is -14% over five years. In the latest year (FY 2025) revenue rose 21%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of EV Magnachem is 27AACCB0354P1ZJ, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of EV Magnachem is U13100MH2003PTC138710. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
EV Magnachem was incorporated on 16 January 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of EV Magnachem by revenue are Imi Impex Private Limited, Tatanagar Enterprises Private Limited, Vow Tradeimpex Private Limited, Hexa Tradex Limited, Shivratri Vyapaar Private Limited and 5 more, all in the Metals and Minerals industry (Components Retail and Distribution, Materials Retail and Distribution, Metal Retail and Distribution).
Shivang Sachin Bajla ceased to be Additional Director on 14 Sep 2025. Shivang Sachin Bajla was appointed as Director on 16 Aug 2025. Sachin Lalit Bajla was appointed as Director on 06 Mar 2025. EV Magnachem has 15 board changes on record in total.
Yes, EV Magnachem is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0093686).
EV Magnachem has 14 MSME Form 1 returns on record between 2019 and 2024, listing 186 overdue payments to 39 micro and small suppliers. The latest return was filed on 30 Apr 2024.