About Magic Eco Private Limited
Data last updated:
Magic Eco Private Limited is a private limited company based in Bangalore South, Karnataka, India. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 26 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U25200KA2020PTC139068. Its GSTIN is 29AANCM8506D1Z8 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Ashawin Kumar Jain and Bharath Kumar.
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 Bangalore South, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹43.62 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹1.02 Cr (net margin 2.3%) and EBITDA of ₹2.76 Cr (EBITDA margin 6.3%). Revenue has grown at a compounded annual rate (CAGR) of 143% over three years.
As per MCA filings, the company has open charges of ₹3.5 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.
For more details, the company can be reached via its website yashgulecha.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressFf – 405 No. 155 4th Floor Raj Towers, Opp. Ccb Cottonpet Main Road Mysore Road, Bangalore South, Karnataka, India – 560053
- IndustryPackaging, Industrial Packaging Solutions
- 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 Magic Eco Private Limited
The main business activity of Magic Eco is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | 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 Magic Eco Private Limited FY 2025 filings available
Magic Eco Private Limited reported revenue of ₹43.62 Cr (up 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Magic Eco Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 143% over three years, including 8% growth in the latest year. EBITDA rose 37% 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 Magic Eco Private Limited
| Metrics | 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 | ₹2.76 Cr | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.02 Cr | •••• | •••• | •••• |
| 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 Magic Eco Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 6.3% | •••• | •••• | •••• |
| Net Profit Margin | 2.3% | •••• | •••• | •••• |
| 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 Magic Eco are in the company report.
Financial statements from FY 2021
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 Magic Eco Private Limited
Magic Eco Private Limited is compared with the companies closest to it by revenue in the Packaging industry (Industrial Packaging). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ire-Tex Premier India Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Colorflex Global Private Limited | •••• | •••• | •••• | •••• | 56 | Bangaloresouth, Karnataka, India |
| Citrus Packaging Solutions Private Limited | •••• | •••• | •••• | •••• | 88 | Hyderabad, Telangana, India |
| Lohmann Adhesive Tapes India Private Limited | •••• | •••• | •••• | •••• | 46 | Sriperambudur, Tamil Nadu, India |
| Starline Packers Private Limited | •••• | •••• | •••• | •••• | 31 | Bangalore, Karnataka, India |
| Magic Eco Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore South, Karnataka, India |
| Acchyut Packagings Private Limited | •••• | •••• | •••• | •••• | - | Uttar Pradesh, India |
| VNG Packaging Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Vasudev Print Pack Private Limited | •••• | •••• | •••• | •••• | - | Panchkula, Haryana, India |
| Da Packaging Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Dairyflex Packaging Solutions Private Limited | •••• | •••• | •••• | •••• | - | Ranchi, Jharkhand, India |
Peers are the five companies nearest above and the five nearest below Magic Eco by revenue in the Packaging industry (Industrial Packaging), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Magic Eco Private Limited
Magic Eco Private Limited is audited by Yashwanth Gulecha & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Yashwanth Gulecha & Co. | 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 Magic Eco Private Limited
Magic Eco has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Othmal | Additional Director | 17 Dec 2020 | 5 Years 9 Months | Current |
| Ashawin Kumar Jain Also directs: Multiflex Polyfilms Private Limited, Lifconv Private Limited | Director | 26 Sep 2020 | 6 Years 0 Months | Current |
| Bharath Kumar Also directs: Multiflex Polyfilms Private Limited | Director | 26 Sep 2020 | 6 Years 0 Months | Current |
Ownership and Shareholding of Magic Eco 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 Magic Eco Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 May 2023 | Others | ₹3.5 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Magic Eco Private Limited
Magic Eco Private Limited has 2 court cases on record: 2 filed by Magic Eco. 1 case is pending and 1 is disposed. Status as checked on 01 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Maanamami Food Product Private Limited | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Maanamami Food Product Private Limited | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Magic Eco Private Limited
Magic Eco Private Limited has a workforce of 0 employees as of Mar 31, 2024.
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 Magic Eco Private Limited
Magic Eco Private Limited has 3 board changes on record since 2020: 3 appointments. The latest: Othmal was appointed as Additional Director on 17 Dec 2020.
Credit Ratings, Litigation & Regulatory Alerts for Magic Eco 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 Magic Eco 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 Magic Eco 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 Magic Eco Private Limited
Magic Eco has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AANCM8506D1Z8 | Karnataka | Active | 20 Oct 2020 |
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 Magic Eco 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 Magic Eco Private Limited
Magic Eco is an active private limited company based in Bangalore South, Karnataka, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 26 September 2020 (6+ years old) and is registered under CIN U25200KA2020PTC139068.
Magic Eco reported revenue of ₹43.62 Cr for FY 2024 (up 8% YoY).
Magic Eco has 3 current directors:
- Othmal - Additional Director
- Ashawin Kumar Jain - Director
- Bharath Kumar - Director
Magic Eco reported a net profit of ₹1.02 Cr (net margin 2.3%) and EBITDA of ₹2.76 Cr (EBITDA margin 6.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Magic Eco is 143% over three years. In the latest year (FY 2024) revenue rose 8%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Magic Eco is 29AANCM8506D1Z8, registered in Karnataka.
The CIN (Corporate Identification Number) of Magic Eco is U25200KA2020PTC139068. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magic Eco has 2 court cases on record: 2 filed by the company. 1 is pending.
Magic Eco was incorporated on 26 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Magic Eco by revenue are Ire-Tex Premier India Private Limited, Colorflex Global Private Limited, Citrus Packaging Solutions Private Limited, Lohmann Adhesive Tapes India Private Limited, Starline Packers Private Limited and 5 more, all in the Packaging industry (Industrial Packaging).
Othmal was appointed as Additional Director on 17 Dec 2020. Ashawin Kumar Jain was appointed as Director on 26 Sep 2020. Bharath Kumar was appointed as Director on 26 Sep 2020.