MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-02-0153883
German Magnetic Water Solutions Private Limited - machinery and equipment in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹6.24 Cr
▲ 11% YoY
Net profit · FY 2024
₹71.48 Lakh
Net margin 11.5%
EBITDA · FY 2024
₹4.91 Cr
EBITDA margin 78.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹35.45 Cr
Satisfied ₹126.99 Cr
Company age
26 yrs
Est. 2000
Directors on board
3
As per MCA filings
About German Magnetic Water Solutions Private Limited
Data last updated:
German Magnetic Water Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the industrial products retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 08 June 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U29100TN2000PTC045153. Its GSTIN is 33AAACE9603N1ZJ (Tamil Nadu). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Eurostar Infotech Private Limited. It is led by directors including Jagdish Gopichand Khatri and Raju Tejumal Jethwani.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Suite A Alsa Deer Park No. 108 Velachery High Road Guindy, Chennai, Tamil Nadu, India – 600032.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.24 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹71.48 Lakh (net margin 11.5%) and EBITDA of ₹4.91 Cr (EBITDA margin 78.8%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years.
As per MCA filings, the company has open charges of ₹35.45 Cr and satisfied charges of ₹126.99 Cr on record.
German Magnetic Water Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0153883). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website eurostargroup.com.
Company details
CIN U29100TN2000PTC045153
Registration Number 045153
Incorporation Date 08 June 2000
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0153883
CIN history
German Magnetic Water Solutions has one previous CIN (Corporate Identification Number): U72200TN2000PTC045153. The current CIN is U29100TN2000PTC045153, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29100TN2000PTC045153 | Current |
| U72200TN2000PTC045153 | Previous |
Key People
Jagdish Gopichand Khatri Director Raju Tejumal Jethwani Director Savita Raju Jethwani Director Recognitions & Rankings of German Magnetic Water Solutions
Contact details
German Magnetic Water Solutions Private Limited's registered office is in Chennai, Tamil Nadu. Its website is eurostargroup.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressSuite A Alsa Deer Park No. 108 Velachery High Road Guindy, Chennai, Tamil Nadu, India – 600032
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
To see the full contact details of German Magnetic Water Solutions Private Limited, buy the company report.
Comprehensive company report
German Magnetic Water Solutions 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
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Business activity
The main business activity of German Magnetic Water Solutions is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of German Magnetic Water Solutions Private Limited, buy the company report.
Financials of German Magnetic Water Solutions Private Limited
FY 2024 filings availableGerman Magnetic Water Solutions Private Limited reported revenue of ₹6.24 Cr (up 11% YoY) for FY 2024.
Revenue · FY 2024
₹6.24 Cr ▲ 11%
Net profit · FY 2024
₹71.48 Lakh margin 11.5%
EBITDA · FY 2024
₹4.91 Cr margin 78.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 1%
5 years · compounded
▼ 1%
Revenue has grown at a compounded annual rate (CAGR) of 2% over three years, including 11% growth in the latest year. EBITDA rose 7% 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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| Total Expenses | |||||
| EBITDA | ₹4.91 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹71.48 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 78.8% | ||||
| Net Profit Margin | 11.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of German Magnetic Water Solutions Private Limited, buy the company report.
Board of directors of German Magnetic Water Solutions Private Limited
German Magnetic Water Solutions has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jagdish Gopichand Khatri Also directs: Eurostar Beverages Private Limited, S & S Goods Private Limited, Eurostar (India) Private Limited and 5 more | Director | 31 Dec 2020 | 5 Years 10 Months | Current |
| Raju Tejumal Jethwani Also directs: Eurostar Beverages Private Limited, S & S Goods Private Limited, Eurostar (India) Private Limited and 5 more | Director | 18 Jun 2000 | 26 Years 4 Months | Current |
| Savita Raju Jethwani Also directs: Eurostar Beverages Private Limited, S & S Goods Private Limited, Eurostar (India) Private Limited and 5 more | Director | 18 Jun 2000 | 26 Years 4 Months | Current |
Peer comparison
German Magnetic Water Solutions Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Landscape Solutions Private Limited | ₹6.27 Cr (FY 2024) | 100.0% | Kolkata, West Bengal, India | |||
| Ameya Fluid Control Systems Private Limited | ₹6.27 Cr (FY 2025) | 65.0% | Pune, Maharashtra, India | |||
| German Magnetic Water Solutions Private Limitedthis company | ₹6.24 Cr (FY 2024) | ₹71.48 Lakh | 11.5% | 11.0% | Chennai, Tamil Nadu, India | |
| Centroid Engineers India Private Limited | ₹6.23 Cr (FY 2025) | -14.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of German Magnetic Water Solutions Private Limited, buy the company report.
Auditor
German Magnetic Water Solutions Private Limited is audited by VICTORIA MATHEWS & SANTHAKUMAR for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VICTORIA MATHEWS & SANTHAKUMAR | FY 2023 | 005458S |
Shareholding
The shareholding of German Magnetic Water Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of German Magnetic Water Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹35.45 Cr
Satisfied charges
₹126.99 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Oct 2022 | 100625041 | Others | ₹35.45 Cr | Open | |
| 25 Oct 2018 | 100220272 | Hdfc Bank Limited | ₹39.9 Cr | Satisfied | |
| 16 Sep 2017 | 100136031 | Hdfc Bank Limited | ₹28.54 Cr | Satisfied | |
| 19 Oct 2016 | 100097301 | Hdfc Bank Limited | ₹11.7 Cr | Satisfied | |
| 19 Oct 2016 | 100097302 | Hdfc Bank Limited | ₹16.84 Cr | Satisfied |
To see the full charge records of German Magnetic Water Solutions Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
No court or tribunal cases involving German Magnetic Water Solutions 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
No delayed payments to MSME suppliers are on our record for German Magnetic Water Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
German Magnetic Water Solutions has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACE9603N1ZJ | Tamil Nadu | Active | 01 Jul 2017 |
| 27AAACE9603N1ZC | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of German Magnetic Water Solutions Private Limited, buy the company report.
Recent activity
German Magnetic Water Solutions Private Limited has 5 board changes on record since 2000: 4 appointments and 1 cessation. The latest: Jagdish Gopichand Khatri was appointed as Director on 31 Dec 2020.
AGM
German Magnetic Water Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
German Magnetic Water Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
A charge with Others of Rs. 3,545.00 Lakh registered on 12 Oct 2022 with Charge ID 100625041 was modified on 07 Nov 2023.
Charges
A charge registered on 25 Oct 2018 via Charge ID 100220272 with Hdfc Bank Limited was fully satisfied on 05 Dec 2022.
Charges
A charge with Others amounted to Rs. 3,545.00 Lakh with Charge ID 100625041 was registered on 12 Oct 2022.
Appointed
Jagdish Gopichand Khatri was appointed as Director.
Ceased
Kavita Arun Daswani ceased to be Director.
Charges
A charge with Hdfc Bank Limited of Rs. 3,990.00 Lakh registered on 25 Oct 2018 with Charge ID 100220272 was modified on 31 Jul 2019.
Charges
A charge registered on 16 Sep 2017 via Charge ID 100136031 with Hdfc Bank Limited was fully satisfied on 18 Dec 2018.
Charges
A charge registered on 19 Oct 2016 via Charge ID 100097301 with Hdfc Bank Limited was fully satisfied on 18 Dec 2018.
Charges
A charge registered on 19 Oct 2016 via Charge ID 100097302 with Hdfc Bank Limited was fully satisfied on 18 Dec 2018.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 3,990.00 Lakh with Charge ID 100220272 was registered on 25 Oct 2018.
9 earlier events are in the company report.
Frequently asked questions
German Magnetic Water Solutions is an active private limited company based in Chennai, Tamil Nadu, India. The company works in industrial products retail and distribution, within the machinery and equipment industry. It was incorporated on 08 June 2000 (26+ years old) and is registered under CIN U29100TN2000PTC045153.
German Magnetic Water Solutions has 3 current directors:
- Jagdish Gopichand Khatri - Director
- Raju Tejumal Jethwani - Director
- Savita Raju Jethwani - Director
The latest financial statements of German Magnetic Water Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of German Magnetic Water Solutions is 33AAACE9603N1ZJ, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAACE9603N1ZC (Maharashtra).
The CIN (Corporate Identification Number) of German Magnetic Water Solutions is U29100TN2000PTC045153. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
German Magnetic Water Solutions was incorporated on 08 June 2000, making it 26+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of German Magnetic Water Solutions by revenue are Landscape Solutions Private Limited, Ameya Fluid Control Systems Private Limited, Centroid Engineers India Private Limited, all in the Machinery and Equipment industry (Industrial Products Retail and Distribution), with the same principal business activity (wholesale trading).
Jagdish Gopichand Khatri was appointed as Director on 31 Dec 2020. Kavita Arun Daswani ceased to be Director on 31 Dec 2020. Kavita Arun Daswani was appointed as Director on 18 Jun 2000. German Magnetic Water Solutions has 5 board changes on record in total.
Yes, German Magnetic Water Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0153883).
German Magnetic Water Solutions can be reached through the website eurostargroup.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of German Magnetic Water Solutions is at Suite A Alsa Deer Park No. 108 Velachery High Road Guindy, Chennai, Tamil Nadu, India – 600032.
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