MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0114422
Hasmag Equipments Private Limited - machinery and equipment in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹3.54 Cr
▲ 2% YoY
Net profit · FY 2024
₹6.24 Lakh
Net margin 1.8%
EBITDA · FY 2024
₹13.1 Lakh
EBITDA margin 3.7%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹30 Lakh
Issued & subscribed
Open charges
₹62.75 Lakh
Secured borrowings
Company age
12 yrs
Est. 2014
Directors on board
2
As per MCA filings
About Hasmag Equipments Private Limited
Data last updated:
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.
Hasmag Equipments Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0114422). 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.
Company details
CIN U29248KA2014PTC078034
Registration Number 078034
Incorporation Date 31 December 2014
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0114422
Recognitions & Rankings of Hasmag Equipments
Contact details
Hasmag Equipments Private Limited's registered office is in Bangalore, Karnataka. Its website is hasmag.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- 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
To see the full contact details of Hasmag Equipments Private Limited, buy the company report.
Comprehensive company report
Hasmag Equipments 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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Secure checkout · GST invoice included
Brands
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 |
Business activity
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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Hasmag Equipments Private Limited, buy the company report.
Financials of Hasmag Equipments Private Limited
FY 2025 filings availableHasmag Equipments Private Limited reported revenue of ₹3.54 Cr (up 2% YoY) for FY 2024.
Revenue · FY 2024
₹3.54 Cr ▲ 2%
Net profit · FY 2024
₹6.24 Lakh margin 1.8%
EBITDA · FY 2024
₹13.1 Lakh margin 3.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 58%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▲ 42%
3 years · compounded
▲ 48%
5 years · compounded
▲ 35%
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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹13.1 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.24 Lakh | ||||
| Balance Sheet | |||||
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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 | 3.7% | ||||
| Net Profit Margin | 1.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Hasmag Equipments Private Limited, buy the company report.
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.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kishorkumar Channappagowda Magalu Also directs: H R Tree Outsourcing Solution Private Limited | Director | 11 May 2015 | 11 Years 5 Months | Current |
| Sinchana Bpkkarane Ramegowda | Director | 13 May 2022 | 4 Years 5 Months | Current |
Peer comparison
Hasmag Equipments Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Compressors, Pumps), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Intovex Cooling Tech Private Limited | ₹3.58 Cr (FY 2025) | 95.0% | Surat, Gujarat, India | |||
| Basu Pumps & Projects Private Limited | ₹3.58 Cr (FY 2024) | 125.0% | Kolkata, West Bengal, India | |||
| Toro Cooling Systems Private Limited | ₹3.57 Cr (FY 2017) | 565.0% | Pune, Maharashtra, India | |||
| Hasmag Equipments Private Limitedthis company | ₹3.54 Cr (FY 2024) | ₹6.24 Lakh | 1.8% | 2.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Hasmag Equipments Private Limited, buy the company report.
Auditor
Hasmag Equipments Private Limited is audited by MANJUNATH BARGESHAPPA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANJUNATH BARGESHAPPA & ASSOCIATES | FY 2023 | 011215S |
Shareholding
The shareholding of Hasmag Equipments 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 Hasmag Equipments Private Limited, buy the company report.
Charges & borrowings
Open charges
₹62.75 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Mar 2017 | 100087540 | Canara Bank | ₹62.75 Lakh | Open |
To see the full charge records of Hasmag Equipments Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Hasmag Equipments 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 Hasmag Equipments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hasmag Equipments has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCH5298R1ZJ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hasmag Equipments Private Limited, buy the company report.
Recent activity
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.
AGM
Hasmag Equipments Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Hasmag Equipments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Canara Bank of Rs. 62.75 Lakh registered on 17 Mar 2017 with Charge ID 100087540 was modified on 13 Dec 2023.
Ceased
Sinchana Bpkkarane Ramegowda ceased to be Additional Director.
Ceased
Ramachandra Deepak ceased to be Director.
Appointed
Sinchana Bpkkarane Ramegowda was appointed as Director.
Charges
A charge with Canara Bank amounted to Rs. 62.75 Lakh with Charge ID 100087540 was registered on 17 Mar 2017.
Appointed
Kishorkumar Channappagowda Magalu was appointed as Director.
Ceased
Sahasa Paduvalli Chandrashekar ceased to be Director.
Ceased
Sneha Ramachandra ceased to be Director.
Incorporation
31 Dec 2014
Hasmag Equipments Private Limited was registered on 31 Dec 2014 with Roc Bangalore & aged 11 years 9 months as per MCA records.
Frequently asked questions
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 has 2 current directors:
- Kishorkumar Channappagowda Magalu - Director
- Sinchana Bpkkarane Ramegowda - Director
The latest financial statements of Hasmag Equipments on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
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, all in the Machinery and Equipment industry (Compressors, Pumps), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
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.
Yes, Hasmag Equipments is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0114422).
Hasmag Equipments can be reached through the website hasmag.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Hasmag Equipments is at No 55 16Km Stone Magadi Main Road Chikkagollarahatti Vishwaneedam Post, Bangalore, Karnataka, India – 560091.