MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-26-0123247
Magic Glass Private Limited - manufacturing in Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹70.75 Cr
▲ 18% YoY
Net profit · FY 2025
₹1.25 Cr
Net margin 1.8%
EBITDA · FY 2025
₹6.9 Cr
EBITDA margin 9.8%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹8.12 Cr
Issued & subscribed
Open charges
₹55.91 Cr
Satisfied ₹49.93 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
59
Provident fund records
About Magic Glass Private Limited
Data last updated:
Magic Glass Private Limited is a private limited company based in Maharashtra, India. It operates in the glass and products segment of the manufacturing sector. It was incorporated on 30 December 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U26109PN2004PTC020086. Its GSTIN is 27AABCV9649Q1ZA (Maharashtra).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹8.12 Cr. It was formerly known as Veeral E Safety Glass Private Limited. It is led by directors including Nitish Manik Kodre and Anup Manik Kodre.
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 Gurukrupa Industrial Estateplot No 813/2A Pune Solapur Road National Highway No 9, Maharashtra, India – 412214.
As per the financials filed for FY 2025, the company reported a revenue of ₹70.75 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹1.25 Cr (net margin 1.8%) and EBITDA of ₹6.9 Cr (EBITDA margin 9.8%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 23% over five years.
The company has about 59 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Magic Glass. As per MCA filings, the company has open charges of ₹55.91 Cr and satisfied charges of ₹49.93 Cr on record. Court records list 29 cases involving the company, including 13 filed by the company and 15 filed against it; 9 cases are pending.
Magic Glass Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0123247). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website magicglass.co.in.
Company Details of Magic Glass Private Limited
CIN U26109PN2004PTC020086
Registration Number 020086
Incorporation Date 30 December 2004
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-26-0123247
Recognitions & Rankings of Magic Glass
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressGurukrupa Industrial Estateplot No 813/2A Pune Solapur Road National Highway No 9, Maharashtra, India – 412214
- IndustryManufacturing, Glass & Products
Comprehensive company report
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Associated Brands with Magic Glass Private Limited
Magic Glass operates one associated brand: Magic Glass. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Specializes in manufacturing and supplying insulated, heat-soaked, ceramic, and acoustic laminated glass products. | magicglass.co.in |
Business Activity of Magic Glass Private Limited
The main business activity of Magic Glass 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 |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Financials of Magic Glass Private Limited FY 2025 filings available
Magic Glass Private Limited reported revenue of ₹70.75 Cr (up 18% YoY) for FY 2025.
Revenue · FY 2025
₹70.75 Cr ▲ 18%
Net profit · FY 2025
₹1.25 Cr margin 1.8%
EBITDA · FY 2025
₹6.9 Cr margin 9.8%
Compounded Annual Growth Rate (CAGR) of Magic Glass Private Limited
Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 29%
5 years · compounded
▲ 23%
EBITDA CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 33%
5 years · compounded
▲ 16%
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 18% growth in the latest year. EBITDA rose 15% 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 Glass 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 | ₹6.9 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.25 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 Glass Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.8% | •••• | •••• | •••• | •••• |
| 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 Glass are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
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Verified entity values are shown only after access is granted.
Board of Directors of Magic Glass Private Limited
Magic Glass has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitish Manik Kodre | Director | 22 Mar 2018 | 8 Years 6 Months | Current |
| Anup Manik Kodre | Director | 16 Dec 2017 | 8 Years 10 Months | Current |
| Manik Nivrutti Kodre | Director | 16 Dec 2017 | 8 Years 10 Months | Current |
Peer Comparison of Magic Glass Private Limited
Magic Glass Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Glass Works). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mico Glass Industries Private Limited | ₹93.65 Cr (FY 2024) | •••• | •••• | -2.0% | •••• | Meerut, Uttar Pradesh, India |
| Krupa Chaton Manufacturing Company Private Limited | ₹88.21 Cr (FY 2024) | •••• | •••• | -20.0% | •••• | Mumbai, Maharashtra, India |
| Structural Insulation and Glazing Company Private Limited | ₹86.73 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | New Delhi, Delhi, India |
| Banaras Glasses Private Limited | ₹84.99 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | New Delhi, Delhi, India |
| Shree Ashtavinayak Glass Private Limited | ₹76.63 Cr (FY 2024) | •••• | •••• | 22.0% | •••• | Pune, Maharashtra, India |
| Magic Glass Private Limited this company | ₹70.75 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Maharashtra, India |
| Masss Glass India Private Limited | ₹66.05 Cr (FY 2024) | •••• | •••• | 13.0% | •••• | Coimbatore, Tamil Nadu, India |
| South Glass Private Limited | ₹65.57 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Burugulla Village, Telangana, India |
| Sumangal Glass Private Limited | ₹65.15 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Ahmedabad, Gujarat, India |
| JB Emporium India Private Limited | ₹64.2 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Jhajjar, Haryana, India |
| Suryamani Glassed Steel Equipment Private Limited | ₹61.71 Cr (FY 2022) | •••• | •••• | 31.0% | •••• | Tal. Nadiad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Magic Glass by revenue in the Manufacturing industry (Glass Works), 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 Magic Glass Private Limited
Magic Glass Private Limited is audited by BAL BHATIA & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BAL BHATIA & CO | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
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Ownership and Shareholding of Magic Glass Private Limited
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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 Glass Private Limited
Open charges
₹55.91 Cr
Satisfied charges
₹49.93 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Aug 2025 | Others | ₹6 Cr | Open |
| 22 Feb 2022 | Others | ₹2.5 Cr | Open |
| 25 Mar 2021 | Others | ₹47.41 Cr | Open |
| 03 Mar 2017 | State Bank of India | ₹1.99 Cr | Satisfied |
| 31 Jan 2015 | Religare Finvest Limited | ₹1.5 Cr | Satisfied |
Total charge records: 10 View all charges
Legal Cases of Magic Glass Private Limited
Magic Glass Private Limited has 29 court cases on record: 13 filed by Magic Glass, 15 filed against it, 1 where it is another party. 9 cases are pending and 20 are disposed. Status as checked between 30 Sep 2026 and 04 Oct 2026.
Total cases
29
Filed by the company
13
Filed against the company
15
Pending
9
Disposed
20
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 5 | 6 |
| High courts | 11 | 10 | 3 |
Cases on record (5 of 29)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (Reg.Sum.Suit) | Filed by the company against Cleanroom Modular Systems Private Limited | Pending |
| Bombay High Court | Court case (CRE) | Filed against the company by Tata Capital Financial Services Limited | Pending |
| Bombay High Court | Court case (CHS) | Filed against the company by Tata Capital Financial Services Limited | Disposed |
| Bombay High Court | Arbitration matter | Filed against the company by Tata Capital Financial Services Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by Sisecam Flat Glass India Private Limited | Disposed |
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Full case history
All 29 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
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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 Glass Private Limited
Magic Glass Private Limited has a workforce of 59 employees as of Dec 25, 2024.
Employee count
59
Active EPFO establishments
1
Employee growth
-13.24%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
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Verified entity values are shown only after access is granted.
Recent Activity on Magic Glass Private Limited
Magic Glass Private Limited has 11 board changes on record since 2009: 3 appointments and 8 cessations. The latest: Nitish Manik Kodre ceased to be Additional Director on 29 Sep 2018.
AGM
Magic Glass Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 6.00 Cr with Charge ID 101201458 was registered on 28 Aug 2025.
Filing
Magic Glass Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge with Others of Rs. 47.41 Cr registered on 25 Mar 2021 with Charge ID 100440970 was modified on 28 Mar 2025.
Charges
A charge with Others amounted to Rs. 2.50 Cr with Charge ID 100548201 was registered on 22 Feb 2022.
Charges
A charge registered on 31 Jan 2015 via Charge ID 10546836 with Religare Finvest Limited was fully satisfied on 02 Jun 2021.
Charges
A charge registered on 03 Mar 2017 via Charge ID 100086335 with State Bank Of India was fully satisfied on 27 Apr 2021.
Charges
A charge registered on 21 May 2014 via Charge ID 10501867 with Religare Finvest Limited was fully satisfied on 01 Apr 2021.
Charges
A charge with Others amounted to Rs. 47.41 Cr with Charge ID 100440970 was registered on 25 Mar 2021.
Charges
A charge with State Bank Of India of Rs. 1.99 Cr registered on 03 Mar 2017 with Charge ID 100086335 was modified on 30 Jun 2020.
Charges
A charge registered on 26 Oct 2010 via Charge ID 10252410 with Dhanlakshmi Bank Ltd was fully satisfied on 16 Oct 2018.
Charges
A charge registered on 26 Oct 2010 via Charge ID 10252411 with Dhanlakhmi Bank Ltd was fully satisfied on 16 Oct 2018.
24 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Magic Glass Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
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MSME Payment Delays by Magic Glass Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Magic Glass Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
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- Entity investments
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GST Compliance of Magic Glass Private Limited
Magic Glass has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCV9649Q1ZA | Maharashtra | Active | 01 Jul 2017 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Magic Glass Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Magic Glass Private Limited
Magic Glass is an active private limited company based in Maharashtra, India. The company works in glass and products, within the manufacturing industry. It was incorporated on 30 December 2004 (22+ years old) and is registered under CIN U26109PN2004PTC020086.
Magic Glass reported revenue of ₹70.75 Cr for FY 2025 (up 18% YoY).
Magic Glass has 3 current directors:
- Nitish Manik Kodre - Director
- Anup Manik Kodre - Director
- Manik Nivrutti Kodre - Director
Magic Glass reported a net profit of ₹1.25 Cr (net margin 1.8%) and EBITDA of ₹6.9 Cr (EBITDA margin 9.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Magic Glass is 29% over three years and 23% over five years. In the latest year (FY 2025) revenue rose 18%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Magic Glass is 27AABCV9649Q1ZA, registered in Maharashtra.
The CIN (Corporate Identification Number) of Magic Glass is U26109PN2004PTC020086. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magic Glass has 29 court cases on record: 13 filed by the company and 15 filed against it. 9 are pending. Most are in the district courts.
Magic Glass was incorporated on 30 December 2004, making it 22+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Magic Glass by revenue are Mico Glass Industries Private Limited, Krupa Chaton Manufacturing Company Private Limited, Structural Insulation and Glazing Company Private Limited, Banaras Glasses Private Limited, Shree Ashtavinayak Glass Private Limited and 5 more, all in the Manufacturing industry (Glass Works).
Nitish Manik Kodre ceased to be Additional Director on 29 Sep 2018. Nitish Manik Kodre was appointed as Director on 22 Mar 2018. Bharat Mithalal Nagori ceased to be Director on 06 Mar 2018. Magic Glass has 11 board changes on record in total.