Magas Services Private Limited
About Magas Services Private Limited
Data last updated:
Magas Services Private Limited is a private limited company based in Margao, Goa, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 22 January 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U74110GA2010PTC006277. Its GSTIN is 30AAHCM9851H2ZC (Goa). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Magas Tourism Private Limited. It is led by directors including Alan Sancio Gomes and Richard Antonio Dcosta.
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 Villa 5 Urbanville Abade Faria Road, Margao, Goa, India – 403601.
As per the financials filed for FY 2025, the company reported a revenue of ₹84,761, a decline of 23% compared to the previous year. For the same year it recorded a net loss of ₹11.25 Lakh and EBITDA of -₹10.56 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 59% over three years and 26% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressVilla 5 Urbanville Abade Faria Road, Margao, Goa, India – 403601
- IndustryInformation Technology, IT Consulting & Support Services
- 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 Magas Services Private Limited
The main business activity of Magas Services is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | 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 Magas Services Private Limited FY 2025 filings available
Magas Services Private Limited reported revenue of ₹84,761 (down 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Magas Services Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 26% over five years, including a 23% fall in the latest year. EBITDA fell 3% 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 Magas Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹10.56 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹11.25 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 Magas Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Magas Services 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.
Auditor Details of Magas Services Private Limited
Magas Services Private Limited is audited by UDHESH V & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| UDHESH V & 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 Magas Services Private Limited
Magas Services has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alan Sancio Gomes | Director | 24 Apr 2010 | 16 Years 5 Months | Current |
| Richard Antonio Dcosta | Director | 22 Jan 2010 | 16 Years 8 Months | Current |
| Sheryl Carneiro Gomes | Director | 24 Apr 2010 | 16 Years 5 Months | Current |
Ownership and Shareholding of Magas Services 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 Magas Services Private Limited
Magas Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Magas Services Private Limited
Employment history and EPFO contributions of people linked to Magas Services.
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.
CIN History of Magas Services Private Limited
Magas Services has one previous CIN (Corporate Identification Number): U55101GA2010PTC006277. The current CIN is U74110GA2010PTC006277, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110GA2010PTC006277 | Current |
| U55101GA2010PTC006277 | Previous |
Recent Activity on Magas Services Private Limited
Magas Services Private Limited has 4 board changes on record since 2010: 3 appointments and 1 cessation. The latest: Savio Agnelo Lopes ceased to be Director on 21 Jun 2012.
Credit Ratings, Litigation & Regulatory Alerts for Magas Services 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 Magas Services 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 Magas Services 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 Magas Services Private Limited
Magas Services has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AAHCM9851H2ZC | Goa | Active | 06 Mar 2023 |
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 Magas Services 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 Magas Services Private Limited
Magas Services is an active private limited company based in Margao, Goa, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 22 January 2010 (16+ years old) and is registered under CIN U74110GA2010PTC006277.
Magas Services reported revenue of ₹84,761 for FY 2025 (down 23% YoY).
Magas Services has 3 current directors:
- Alan Sancio Gomes - Director
- Richard Antonio Dcosta - Director
- Sheryl Carneiro Gomes - Director
Magas Services reported a net loss of ₹11.25 Lakh and EBITDA of -₹10.56 Lakh for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Magas Services is -59% over three years and -26% over five years. In the latest year (FY 2025) revenue fell 23%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Magas Services is 30AAHCM9851H2ZC, registered in Goa. 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 Magas Services is U74110GA2010PTC006277. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magas Services was incorporated on 22 January 2010, making it 16+ years old. It is registered with the Registrar of Companies, Goa.
Savio Agnelo Lopes ceased to be Director on 21 Jun 2012. Alan Sancio Gomes was appointed as Director on 24 Apr 2010. Sheryl Carneiro Gomes was appointed as Director on 24 Apr 2010. Magas Services has 4 board changes on record in total.
The registered office of Magas Services is at Villa 5 Urbanville Abade Faria Road, Margao, Goa, India – 403601.