Magar Engineering Private Limited
About Magar Engineering Private Limited
Data last updated:
Magar Engineering Private Limited is a private limited company based in Aurangabad, Maharashtra, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 13 February 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28900MH1997PTC105851. Its GSTIN is 27AACCM4015A1Z5 (Maharashtra).
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹35 Lakh. It is led by directors Geeta Bhagwat Magar (Whole-Time Director) and Alok Bhagwat Magar.
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 N – 5 J – 59 Vijayshree Colony Cidco, Aurangabad, Maharashtra, India – 431210.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.06 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹4.34 Lakh (net margin 4.1%) and EBITDA of ₹52.47 Lakh (EBITDA margin 49.3%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 2% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.89 Cr and satisfied charges of ₹95 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressN – 5 J – 59 Vijayshree Colony Cidco, Aurangabad, Maharashtra, India – 431210
- IndustryMachinery and Equipment, Industrial Tools & Components
- 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 Magar Engineering Private Limited
The main business activity of Magar Engineering is manufacturing. In detail, this covers manufacture of basic metals.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 24 | Manufacture of basic metals | 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 Magar Engineering Private Limited FY 2025 filings available
Magar Engineering Private Limited reported revenue of ₹1.06 Cr (up 28% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Magar Engineering Private Limited
Revenue rose 28% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA rose 105% 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 Magar Engineering 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 | ₹52.47 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.34 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Magar Engineering Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 49.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.1% | •••• | •••• | •••• | •••• |
| 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 Magar Engineering 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 Magar Engineering Private Limited
Magar Engineering Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Indus Techpro Engineering Private Limited | ₹1.07 Cr (FY 2017) | •••• | •••• | 34.0% | •••• | Bangalore, Karnataka, India |
| Sharada Instrumentation Private Limited | ₹1.07 Cr (FY 2025) | •••• | •••• | 110.0% | •••• | Pune, Maharashtra, India |
| Technofab Mechanico Private Limited | ₹1.07 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Techpro Precision Engineering (India) Private Limited | ₹1.07 Cr (FY 2025) | •••• | •••• | -20.0% | •••• | Coimbatore, Tamil Nadu, India |
| Arihant Precision Tools Private Limited | ₹1.07 Cr (FY 2025) | •••• | •••• | •••• | Ghaziabad, Uttar Pradesh, India | |
| Magar Engineering Private Limited this company | ₹1.06 Cr (FY 2024) | •••• | •••• | 28.0% | •••• | Aurangabad, Maharashtra, India |
| Solanki Diamond Tools Pvt. Ltd. | ₹1.06 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | 302006, Rajasthan, India |
| Flo Equipment Private Limited | ₹1.06 Cr (FY 2019) | •••• | •••• | -52.0% | •••• | Mumbai, Maharashtra, India |
| Razia Engineering Private Limited | ₹1.06 Cr (FY 2025) | •••• | •••• | 68.0% | •••• | Ps Salaiya, Bihar, India |
| Manask Engineering Solutions Private Limited | ₹1.06 Cr (FY 2025) | •••• | •••• | -53.0% | •••• | Bangalore North, Karnataka, India |
| Ushtara Engineering Private Limited | ₹1.06 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Magar Engineering by revenue in the Machinery and Equipment industry (Tools and Components), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Magar Engineering Private Limited
Magar Engineering Private Limited is audited by Ashok Patil & Associates for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Ashok Patil & 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 Magar Engineering Private Limited
Magar Engineering 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 |
|---|---|---|---|---|
| Geeta Bhagwat Magar | Whole-Time Director | 17 Feb 1997 | 29 Years 7 Months | Current |
| Alok Bhagwat Magar | Additional Director | 01 Jul 2025 | 1 Years 3 Months | Current |
Ownership and Shareholding of Magar Engineering 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 Magar Engineering Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 May 2023 | Others | ₹33.8 Lakh | Open |
| 14 Mar 2023 | Others | ₹25.4 Lakh | Open |
| 06 Mar 2023 | Others | ₹24.54 Lakh | Open |
| 13 Feb 2015 | Others | ₹1.05 Cr | Open |
| 30 Mar 2007 | Deogiri Nagari Sahakari Bank Limited | ₹30 Lakh | Satisfied |
Total charge records: 7 View all charges
Employees and EPFO Compliance at Magar Engineering Private Limited
Employment history and EPFO contributions of people linked to Magar Engineering.
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 Magar Engineering Private Limited
Magar Engineering Private Limited has 5 board changes on record since 1997: 3 appointments and 2 cessations. The latest: Alok Bhagwat Magar was appointed as Additional Director on 01 Jul 2025.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Magar Engineering 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 Magar Engineering 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 Magar Engineering 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 Magar Engineering Private Limited
Magar Engineering has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCM4015A1Z5 | Maharashtra | 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 Magar Engineering 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 Magar Engineering Private Limited
Magar Engineering is an active private limited company based in Aurangabad, Maharashtra, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 13 February 1997 (29+ years old) and is registered under CIN U28900MH1997PTC105851.
Magar Engineering reported revenue of ₹1.06 Cr for FY 2024 (up 28% YoY).
Magar Engineering has 2 current directors:
- Geeta Bhagwat Magar - Whole-Time Director
- Alok Bhagwat Magar - Additional Director
Magar Engineering reported a net profit of ₹4.34 Lakh (net margin 4.1%) and EBITDA of ₹52.47 Lakh (EBITDA margin 49.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Magar Engineering is 20% over three years and -2% over five years. In the latest year (FY 2024) revenue rose 28%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Magar Engineering is 27AACCM4015A1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Magar Engineering is U28900MH1997PTC105851. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magar Engineering was incorporated on 13 February 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Magar Engineering by revenue are Indus Techpro Engineering Private Limited, Sharada Instrumentation Private Limited, Technofab Mechanico Private Limited, Techpro Precision Engineering (India) Private Limited, Arihant Precision Tools Private Limited and 5 more, all in the Machinery and Equipment industry (Tools and Components).
Alok Bhagwat Magar was appointed as Additional Director on 01 Jul 2025. Bhagwat Magar Mhatarji ceased to be Director on 02 Apr 2012. Geeta Bhagwat Magar ceased to be Director on 02 Apr 2012. Magar Engineering has 5 board changes on record in total.
The registered office of Magar Engineering is at N – 5 J – 59 Vijayshree Colony Cidco, Aurangabad, Maharashtra, India – 431210.