Magic Eye Private Limited
About Magic Eye Private Limited
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Magic Eye Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the leather segment of the apparel and fashion sector. It was incorporated on 14 March 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51399MH1988PTC046523. Its GSTIN is 27AAACM8553D1ZI (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Devraj J Mukhi and Kavita Jagdish Mukhi.
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 C/O. Industrial Leather Co. 9 Ash Lane Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2025, the company reported a revenue of ₹30,000, a decline of 67% compared to the previous year. For the same year it recorded a net profit of ₹24,540 (net margin 81.8%) and EBITDA of ₹25,000 (EBITDA margin 83.3%). Revenue has grown at a compounded annual rate (CAGR) of 24% over five years.
As per MCA filings, the company has satisfied charges of ₹21 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressC/O. Industrial Leather Co. 9 Ash Lane Fort, Mumbai, Maharashtra, India – 400001
- IndustryAppreal & Fashion, Leather, Textile, Apparel
- 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
Auditor Details of Magic Eye Private Limited
Magic Eye Private Limited is audited by JAYESH DADIA & ASSOCIATES LLP for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JAYESH DADIA & ASSOCIATES LLP | 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 Eye Private Limited
Magic Eye has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devraj J Mukhi | Director | 11 Dec 2017 | 8 Years 9 Months | Current |
| Kavita Jagdish Mukhi | Director | 15 Apr 2005 | 21 Years 5 Months | Current |
Financials of Magic Eye Private Limited FY 2025 filings available
Magic Eye Private Limited reported revenue of ₹30,000 (down 67.00% YoY) for FY 2025.
Growth of Magic Eye Private Limited
| Metric | 1-year growth | 3-year compounded (CAGR) | 5-year compounded (CAGR) |
|---|---|---|---|
| Revenue | ▼ 67% | n/a | ▲ 24% |
| Net profit | ▲ 89% | ▲ 26% | ▲ 15% |
| EBITDA | ▲ 84% | ▲ 28% | ▲ 15% |
Revenue fell 67% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 24%. 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 Eye Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹25,000 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹24,540 | •••• | •••• | •••• | •••• |
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| Share Capital | •••• | •••• | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Magic Eye Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 83.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 81.8% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
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| 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 Eye 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.
Ownership and Shareholding of Magic Eye 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 Eye Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Dec 1995 | Punjab National Bank | ₹20 Lakh | Satisfied |
| 27 Feb 1992 | Punjab National Bank | ₹1 Lakh | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Magic Eye Private Limited
Employment history and EPFO contributions of people linked to Magic Eye.
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.
GST Compliance of Magic Eye Private Limited
Magic Eye has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM8553D1ZI | 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.
Credit Ratings, Litigation & Regulatory Alerts for Magic Eye 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 Eye 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 Eye 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.
MCA Filings & Documents of Magic Eye 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.
Recent Activity on Magic Eye Private Limited
Frequently Asked Questions about Magic Eye Private Limited
Magic Eye is an active private limited company based in Mumbai, Maharashtra, India. The company works in leather, within the apparel and fashion industry. It was incorporated on 14 March 1988 (38+ years old) and is registered under CIN U51399MH1988PTC046523.
Magic Eye reported revenue of ₹30,000 for FY 2025 (down 67.00% YoY).
Magic Eye has 2 current directors:
- Devraj J Mukhi - Director
- Kavita Jagdish Mukhi - Director
Magic Eye reported a net profit of ₹24,540 (net margin 81.8%) and EBITDA of ₹25,000 (EBITDA margin 83.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Magic Eye is 24% over five years. In the latest year (FY 2025) revenue fell 67%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Magic Eye is 27AAACM8553D1ZI, registered in Maharashtra.
The CIN (Corporate Identification Number) of Magic Eye is U51399MH1988PTC046523. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magic Eye was incorporated on 14 March 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.
The registered office of Magic Eye is at CO. Industrial Leather Co. 9 Ash Lane Fort, Mumbai, Maharashtra, India – 400001.