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
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
EV Magnachem Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- 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
To see the full contact details of EV Magnachem Private Limited, buy the company report.
Comprehensive company report
EV Magnachem Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of EV Magnachem is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of EV Magnachem Private Limited, buy the company report.
Financials of EV Magnachem Private Limited
FY 2025 filings availableEV 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)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.23 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.39 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| 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) | |||||
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To see the full financial statements and ratios of EV Magnachem Private Limited, buy the company report.
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 |
Auditor
EV Magnachem Private Limited is audited by MGB & CO LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MGB & CO LLP | FY 2022 | 101169W/W-100035 |
Shareholding
The shareholding of EV Magnachem 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of EV Magnachem Private Limited, buy the company report.
Charges & borrowings
Open charges
₹8.55 Cr
Satisfied charges
₹24.46 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Aug 2023 | 100796876 | Hdfc Bank Limited | ₹8.55 Cr | Satisfied | |
| 03 Jan 2022 | 100520748 | Others | ₹30.25 Lakh | Satisfied | |
| 02 Jan 2021 | 100410325 | Others | ₹60 Lakh | Satisfied | |
| 29 Mar 2019 | 100255994 | Others | ₹8 Cr | Satisfied | |
| 28 Sep 2016 | 100054598 | Lakshmi Vilas Bank Limited | ₹6.3 Cr | Satisfied |
To see the full charge records of EV Magnachem Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
No court or tribunal cases involving EV Magnachem Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
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 |
To see the full MSME payment records of EV Magnachem Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
EV Magnachem Private Limited has a workforce of 9 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
9
Active EPFO establishments
1
Employee growth
12.5%
GST
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 |
To see the full GST registrations and return filing status of EV Magnachem Private Limited, buy the company report.
Recent activity
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 in the company report.
Frequently asked questions
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 has 3 current directors:
- Nitin Wasudeorao Chakole - Director
- Sachin Lalit Bajla - Director
- Shivang Sachin Bajla - Director
The latest financial statements of EV Magnachem on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 September 2025. Year-wise statements from 2015 are in the company report.
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.
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.
The registered office of EV Magnachem is at Hallmark Business Plaza 5th Floor Sant Dnyaneshwar Marg Opp Gurunanak Hospital, Bandra E, Mumbai, Maharashtra, India – 400051.
EV Magnachem operates in the machinery and equipment industry, in the industrial machinery retail and distribution segment.