About Magellan Aerospace (Tumkur) Private Limited
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Magellan Aerospace (Tumkur) Private Limited is a private limited company based in Tumkur, Karnataka, India, a subsidiary of Magellan Aerospace Limited, Canada. It operates in the aircraft and component manufacturing segment of the transport and logistics sector. It was incorporated on 04 December 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U35302KA2007PTC044563. Its GSTIN is 29AACCT8003D1ZK (Karnataka).
The company has an authorised share capital of ₹24 Cr and a paid-up capital of ₹23.53 Cr. It was formerly known as Triveni Aeronautics Private Limited. It is led by directors including Jasdeep Singh Bevli and Prabhudeep Shivakumar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No. 118 119 &120 Antharasana Halli II Phase KIADB Industrial Area, Tumkur, Karnataka, India – 572106.
As per the financials filed for FY 2025, the company reported a revenue of ₹96.59 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹7.05 Cr (net margin 7.3%) and EBITDA of ₹15.21 Cr (EBITDA margin 15.7%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 21% over five years.
The company has about 256 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹16.52 Cr and satisfied charges of ₹53.48 Cr on record. Court records list 19 cases involving the company, including 14 filed by the company and 6 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website magellan.aero.
Company details
Contact details
Magellan Aerospace (Tumkur) Private Limited's registered office is in Tumkur, Karnataka. Its website is magellan.aero. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 118 119 &120 Antharasana Halli II Phase KIADB Industrial Area, Tumkur, Karnataka, India – 572106
- IndustryTransport and Logistics, Aircraft & Component Manufacturing
To see the full contact details of Magellan Aerospace (Tumkur) 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 Magellan Aerospace (Tumkur) is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Magellan Aerospace (Tumkur) Private Limited, buy the company report.
Financials of Magellan Aerospace (Tumkur) Private Limited
FY 2024 filings availableMagellan Aerospace (Tumkur) Private Limited reported revenue of ₹96.59 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 21%. 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹15.21 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.05 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.7% | ||||
| Net Profit Margin | 7.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Magellan Aerospace (Tumkur) Private Limited, buy the company report.
Board of directors of Magellan Aerospace (Tumkur) Private Limited
Magellan Aerospace (Tumkur) has 5 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jasdeep Singh Bevli Also directs: Magellan Aerospace (Bangalore) Private Limited | Director | 09 Jul 2013 | 13 Years 4 Months | Current |
| Prabhudeep Shivakumar Also directs: Andtil Foods Private Limited, Andtil Life Science Private Limited, Andtil Hospitalities Private Limited and 4 more | Director | 01 Feb 2013 | 13 Years 9 Months | Current |
| Shivakumar Nanjundappa Malleshanna Also directs: Triveni Hi-Tech Private Limited | Director | 04 Dec 2007 | 18 Years 11 Months | Current |
| Prabhuram Appu Kaushik | Nominee Director | 05 Dec 2019 | 6 Years 11 Months | Current |
| Jason Scott Addis | Nominee Director | 28 Nov 2014 | 11 Years 11 Months | Current |
Auditor
Magellan Aerospace (Tumkur) Private Limited is audited by ABS & Co., for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ABS & Co., | FY 2023 | 08203S |
Shareholding
The shareholding of Magellan Aerospace (Tumkur) Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Magellan Aerospace (Tumkur) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Dec 2022 | 100666667 | State Bank of India | ₹3.59 Lakh | Open | |
| 19 Mar 2021 | 100441537 | The Hongkong and Shanghai Banking Corporation Limited | ₹8 Lakh | Open | |
| 07 Jul 2020 | 100355523 | The Hongkong and Shanghai Banking Corporation Limited | ₹16.4 Cr | Open | |
| 13 Apr 2015 | 10566903 | State Bank of Mysore | ₹2 Cr | Satisfied | |
| 28 Jul 2014 | 10516185 | State Bank of Mysore | ₹2 Cr | Satisfied |
To see the full charge records of Magellan Aerospace (Tumkur) Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Magellan Aerospace (Tumkur) Private Limited has 19 court cases on record: 14 filed by Magellan Aerospace (Tumkur), 6 filed against it. 3 cases are pending and 16 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 4 | 2 |
| High courts | 3 | 2 | 1 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company by M/S True Tek Engineers Private Limited | Disposed |
| District court, TUMAKURU, Karnataka | Court case (IDact of S10) | Filed against the company by The Secretary, Triveni Aeronautics Pvt. Ltd Workers Union, Tumkur | Disposed |
| District court, TUMAKURU, Karnataka | Court case (IDact of S10) | Filed by the company against Triveni Aeronautics Pvt. Ltd, Tumkur | Disposed |
| District court, BENGALURU, Karnataka | Court case (ID) | Filed against the company by Sri.Santhosh Kumara .N and 7 Others, Rep by President, Triveni Aeronautics Private Ltd, Tumkur and 1 other | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against an individual | Pending |
To see the full case history of Magellan Aerospace (Tumkur) 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
Magellan Aerospace (Tumkur) Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 24 overdue payments to 5 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Balaa Works | |||
| Vijaya Metal Finishers | |||
| Indus Marketing | |||
| an individual supplier | |||
| Dynabit Solutions Private Limited |
To see the full MSME payment records of Magellan Aerospace (Tumkur) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Magellan Aerospace (Tumkur) Private Limited has a workforce of 256 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 256 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Magellan Aerospace (Tumkur) Private Limited, buy the company report.
GST
Magellan Aerospace (Tumkur) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCT8003D1ZK | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Magellan Aerospace (Tumkur) Private Limited, buy the company report.
Recent activity
Magellan Aerospace (Tumkur) Private Limited has 16 board changes on record since 2007: 5 appointments and 11 cessations. The latest: Prabhuram Appu Kaushik ceased to be Additional Director on 30 Dec 2020.
19 earlier events are in the company report.
News
Frequently asked questions
Magellan Aerospace (Tumkur) is an active private limited company based in Tumkur, Karnataka, India. The company works in aircraft and component manufacturing, within the transport and logistics industry. It was incorporated on 04 December 2007 (19+ years old) and is registered under CIN U35302KA2007PTC044563.
Magellan Aerospace (Tumkur) has 5 current directors:
- Jasdeep Singh Bevli - Director
- Prabhudeep Shivakumar - Director
- Shivakumar Nanjundappa Malleshanna - Director
- Prabhuram Appu Kaushik - Nominee Director
- Jason Scott Addis - Nominee Director
The latest financial statements of Magellan Aerospace (Tumkur) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Magellan Aerospace (Tumkur) is 29AACCT8003D1ZK, registered in Karnataka.
The CIN (Corporate Identification Number) of Magellan Aerospace (Tumkur) is U35302KA2007PTC044563. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magellan Aerospace (Tumkur) has 19 court cases on record: 14 filed by the company and 6 filed against it. 3 are pending. Most are in the district courts.
Magellan Aerospace (Tumkur) was incorporated on 04 December 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
Prabhuram Appu Kaushik ceased to be Additional Director on 30 Dec 2020. Prabhuram Appu Kaushik was appointed as Nominee Director on 05 Dec 2019. Shawn David Smith ceased to be Director on 05 Dec 2019. Magellan Aerospace (Tumkur) has 16 board changes on record in total.
Magellan Aerospace (Tumkur) has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 24 overdue payments to 5 micro and small suppliers. The latest return was filed on 08 Jun 2019.
Magellan Aerospace (Tumkur) can be reached through the website magellan.aero. Its registered office is in Tumkur, Karnataka, India.
The registered office of Magellan Aerospace (Tumkur) is at No. 118 119 &120 Antharasana Halli II Phase KIADB Industrial Area, Tumkur, Karnataka, India – 572106.
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