About Mag Excel Exports Private Limited
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Mag Excel Exports Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 03 October 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U51909TN2002PTC049683. Its GSTIN is 33AADCM2024L3ZP (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors Nagamani and Revathy Sayanam.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 4 Mahadevan Street Nehru Nagar Chromepet, Chennai, Tamil Nadu, India – 600044.
As per the financials filed for FY 2020, the company reported a revenue of ₹7.79 Cr, a growth of 38% compared to the previous year. For the same year it recorded a net profit of ₹23,269 (net margin 0%) and EBITDA of ₹24.45 Lakh (EBITDA margin 3.1%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 9% over five years.
As per MCA filings, the company has satisfied charges of ₹1.79 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website magexcel.com.
Company details
Contact details
Mag Excel Exports Private Limited's registered office is in Chennai, Tamil Nadu. Its website is magexcel.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address4 Mahadevan Street Nehru Nagar Chromepet, Chennai, Tamil Nadu, India – 600044
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Mag Excel Exports Private Limited, buy the company report.
- 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
Business activity
The main business activity of Mag Excel Exports is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Mag Excel Exports Private Limited, buy the company report.
Financials of Mag Excel Exports Private Limited
FY 2020 filings availableMag Excel Exports Private Limited reported revenue of ₹7.79 Cr (up 38% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 38% growth in the latest year. EBITDA fell 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹7.79 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
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| Total Expenses | |||||
| EBITDA | ₹24.45 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹23,269 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.1% | ||||
| Net Profit Margin | 0% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Mag Excel Exports Private Limited, buy the company report.
Board of directors of Mag Excel Exports Private Limited
Mag Excel Exports has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nagamani | Director | 01 Apr 2003 | 23 Years 7 Months | Current |
| Revathy Sayanam | Director | 03 Oct 2002 | 24 Years 1 Months | Current |
Shareholding
The shareholding of Mag Excel Exports Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Mag Excel Exports Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Aug 2006 | 10014948 | Canara Bank | ₹1.79 Cr | Satisfied |
To see the full charge records of Mag Excel Exports Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Mag Excel Exports Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmednagar, Maharashtra | Court case (R.C.C.) | Filed against the company by State of Maha. Through Shital Machindra Maid | Disposed |
To see the full case history of Mag Excel Exports Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mag Excel Exports Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mag Excel Exports has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCM2024L3ZP | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mag Excel Exports Private Limited, buy the company report.
Recent activity
Mag Excel Exports Private Limited has 4 board changes on record since 2002: 2 appointments and 2 cessations. The latest: Canjeevaram Srinivasan Sivaraman ceased to be Director on 01 Jun 2015.
Frequently asked questions
Mag Excel Exports is an active private limited company based in Chennai, Tamil Nadu, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 03 October 2002 (24+ years old) and is registered under CIN U51909TN2002PTC049683.
Mag Excel Exports has 2 current directors:
- Nagamani - Director
- Revathy Sayanam - Director
The latest financial statements of Mag Excel Exports on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Mag Excel Exports is 33AADCM2024L3ZP, registered in Tamil Nadu. 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 Mag Excel Exports is U51909TN2002PTC049683. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mag Excel Exports has 1 court case on record: 1 filed against it.
Mag Excel Exports was incorporated on 03 October 2002, making it 24+ years old. It is registered with the Registrar of Companies, Chennai.
Canjeevaram Srinivasan Sivaraman ceased to be Director on 01 Jun 2015. Saraswathy Sivaraman ceased to be Whole-Time Director on 01 Jun 2015. Nagamani was appointed as Director on 01 Apr 2003. Mag Excel Exports has 4 board changes on record in total.
Mag Excel Exports can be reached through the website magexcel.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Mag Excel Exports is at 4 Mahadevan Street Nehru Nagar Chromepet, Chennai, Tamil Nadu, India – 600044.
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