About Hasmag Equipments Private Limited
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Hasmag Equipments Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the industrial compressors and pneumatic systems segment of the machinery and industrial equipment sector. It was incorporated on 31 December 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29248KA2014PTC078034. Its GSTIN is 29AADCH5298R1ZJ (Karnataka).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors Kishorkumar Channappagowda Magalu and Sinchana Bpkkarane Ramegowda.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No 55 16Km Stone Magadi Main Road Chikkagollarahatti Vishwaneedam Post, Bangalore, Karnataka, India – 560091.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.54 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹6.24 Lakh (net margin 1.8%) and EBITDA of ₹13.1 Lakh (EBITDA margin 3.7%). Revenue has grown at a compounded annual rate (CAGR) of 58% over three years and 18% over five years.
The company is associated with 1 brand: Hasmag Air Compressor. As per MCA filings, the company has open charges of ₹62.75 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hasmag.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo 55 16Km Stone Magadi Main Road Chikkagollarahatti Vishwaneedam Post, Bangalore, Karnataka, India – 560091
- IndustryMachinery and Equipment, Industrial Compressors & Pneumatic Systems, Industrial Pumps & Fluid Systems
- 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
- One PDF report, delivered after checkout
Business Activity of Hasmag Equipments Private Limited
The main business activity of Hasmag Equipments is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
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 Hasmag Equipments Private Limited FY 2025 filings available
Hasmag Equipments Private Limited reported revenue of ₹3.54 Cr (up 2% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Hasmag Equipments Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 2% growth in the latest year. EBITDA rose 42% 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 Hasmag Equipments Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹13.1 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.24 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Hasmag Equipments Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.8% | •••• | •••• | •••• | •••• |
| 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 Hasmag Equipments are in the company report.
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.
Peer Comparison of Hasmag Equipments Private Limited
Hasmag Equipments Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Compressors, Pumps). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Intovex Cooling Tech Private Limited | •••• | •••• | •••• | •••• | - | Surat, Gujarat, India |
| Basu Pumps & Projects Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Toro Cooling Systems Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Armec Cooling Tower Private Limited | •••• | •••• | •••• | •••• | - | Vapi, Gujarat, India |
| Acme Hvac Private Limited | •••• | •••• | •••• | •••• | 25 | Chennai, Tamil Nadu, India |
| Hasmag Equipments Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Van Pumps and Control Systems Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Class Cleaners Pvt.Ltd. | •••• | •••• | •••• | •••• | - | Faridabad, Haryana, India |
| Masi Engineering Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Gracious Fabrications Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Premierchillers & Refrigeration Private Limited | •••• | •••• | •••• | •••• | - | Vasai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Hasmag Equipments by revenue in the Machinery and Equipment industry (Compressors, Pumps), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Hasmag Equipments Private Limited
Hasmag Equipments Private Limited is audited by MANJUNATH BARGESHAPPA & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MANJUNATH BARGESHAPPA & ASSOCIATES | Locked | Locked | Locked |
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.
Board of Directors of Hasmag Equipments Private Limited
Hasmag Equipments has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kishorkumar Channappagowda Magalu Also directs: H R Tree Outsourcing Solution Private Limited | Director | 11 May 2015 | 11 Years 4 Months | Current |
| Sinchana Bpkkarane Ramegowda | Director | 13 May 2022 | 4 Years 4 Months | Current |
Ownership and Shareholding of Hasmag Equipments Private Limited
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 Hasmag Equipments Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Mar 2017 | Canara Bank | ₹62.75 Lakh | Open |
Total charge records: 1 View all charges
Associated Brands with Hasmag Equipments Private Limited
Hasmag Equipments operates one associated brand: HASMAG AIR COMPRESSOR. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of air compressors and systems for industrial use in India. | hasmag.com |
Employees and EPFO Compliance at Hasmag Equipments Private Limited
Employment history and EPFO contributions of people linked to Hasmag Equipments.
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 Hasmag Equipments Private Limited
Hasmag Equipments Private Limited has 6 board changes on record since 2015: 2 appointments and 4 cessations. The latest: Sinchana Bpkkarane Ramegowda ceased to be Additional Director on 30 Sep 2022.
Credit Ratings, Litigation & Regulatory Alerts for Hasmag Equipments Private Limited
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.
MSME Payment Delays by Hasmag Equipments Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Hasmag Equipments Private Limited
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 Hasmag Equipments Private Limited
Hasmag Equipments has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCH5298R1ZJ | Karnataka | Active | 01 Jul 2017 |
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 Hasmag Equipments Private Limited
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 Hasmag Equipments Private Limited
Hasmag Equipments is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial compressors and pneumatic systems, within the machinery and equipment industry. It was incorporated on 31 December 2014 (12+ years old) and is registered under CIN U29248KA2014PTC078034.
Hasmag Equipments reported revenue of ₹3.54 Cr for FY 2024 (up 2% YoY).
Hasmag Equipments has 2 current directors:
- Kishorkumar Channappagowda Magalu - Director
- Sinchana Bpkkarane Ramegowda - Director
Hasmag Equipments reported a net profit of ₹6.24 Lakh (net margin 1.8%) and EBITDA of ₹13.1 Lakh (EBITDA margin 3.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Hasmag Equipments is 58% over three years and 18% over five years. In the latest year (FY 2024) revenue rose 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Hasmag Equipments is 29AADCH5298R1ZJ, registered in Karnataka.
The CIN (Corporate Identification Number) of Hasmag Equipments is U29248KA2014PTC078034. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hasmag Equipments was incorporated on 31 December 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Hasmag Equipments by revenue are Intovex Cooling Tech Private Limited, Basu Pumps & Projects Private Limited, Toro Cooling Systems Private Limited, Armec Cooling Tower Private Limited, Acme Hvac Private Limited and 5 more, all in the Machinery and Equipment industry (Compressors, Pumps).
Sinchana Bpkkarane Ramegowda ceased to be Additional Director on 30 Sep 2022. Ramachandra Deepak ceased to be Director on 13 May 2022. Sinchana Bpkkarane Ramegowda was appointed as Director on 13 May 2022. Hasmag Equipments has 6 board changes on record in total.
Hasmag Equipments can be reached through the website hasmag.com. Its registered office is in Bangalore, Karnataka, India.