About Magic Glass Private Limited
Data last updated: 10 March 2026
Magic Glass Private Limited is a private limited company based in At Yawat Tal- Daund Pune, Maharashtra, India. It specialises in glass and products, a part of the broader manufacturing sector. Incorporated on 30 December 2004, the company has been in operation for over 22 years.
Registered with ROC Pune under CIN U26109PN2004PTC020086.
Capital: an authorised share capital of ₹10 Cr and a paid-up capital of ₹8.12 Cr. Formerly known as Veeral E Safety Glass Private Limited. It is led by directors including Nitish Manik Kodre and Anup Manik Kodre.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Gurukrupa Industrial Estateplot No 813/2A Pune Solapur Road National Highway No 9, At Yawat Tal – Daund Pune, 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.
The company has a workforce of approximately 59 employees as per the latest available data.
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.
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.
-
Email*****@*****.com
-
Telephone+91-****-******
-
Website
-
Social Media**************
-
Registered AddressGurukrupa Industrial Estateplot No 813/2A Pune Solapur Road National Highway No 9, At Yawat Tal – Daund Pune, Maharashtra, India – 412214
-
IndustryManufacturing, Glass & Products
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Magic Glass Private Limited
Magic Glass Private Limited operates one associated brand: Magic Glass. These brands represent Magic Glass Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Specializes in manufacturing and supplying insulated, heat-soaked, ceramic, and acoustic laminated glass products. | magicglass.co.in |
Competitors & Alternatives of Magic Glass Private Limited
Brands and companies operating in the same space as Magic Glass Private Limited include Gold Plus, Onyx Solar, Vitro and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Gold Plus
|
Glass products are manufactured for construction, automotive, and industrial sectors. | Delhi, India, India | 1985 |
Onyx Solar
|
Photovoltaic glass is manufactured for building integration and energy generation. | - | 2009 |
Vitro
|
Glass products are manufactured by Vitro for industrial applications. | Monterrey, Mexico, Mexico | 1909 |
Tecnoglass
|
Architectural glass and insulating products are manufactured for construction sectors. | Barranquilla, Colombia, Colombia | 1994 |
Sejal Glass
|
Manufacturer of glass products | Mumbai, India, India | 1998 |
Jushi Group
|
Supplier of building materials | Jiaxing, China, China | 1969 |
Strongwell
|
Fiberglass reinforced polymer products are manufactured for industrial uses. | Bristol, United States, United States | 1972 |
American Insulated Glass
|
Residential and commercial insulated glass is manufactured by the company. | Conley, United States, United States | 2017 |
Tuffx
|
Toughened glass and other products are manufactured and supplied. | Prescot, United Kingdom, United Kingdom | 2013 |
Hartung Glass
|
Manufactures and supplies custom glass products for commercial and residential applications. | Phoenix, United States, United States | 1924 |
Business Activity of Magic Glass Private Limited
Magic Glass Private Limited is engaged in the principal business activity of manufacturing, with detailed activities including 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 | ********* |
Auditor Details of Magic Glass Private Limited
Magic Glass Private Limited is audited by BAL BHATIA & CO for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BAL BHATIA & CO | blur-value | blur-value | blur-value |
Board of Directors of Magic Glass Private Limited
Magic Glass Private Limited is currently managed by 3 directors, with 8 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitish Manik Kodre | Director | 22 Mar 2018 | 8 Years 3 Months | Current |
| Anup Manik Kodre | Director | 16 Dec 2017 | 8 Years 6 Months | Current |
| Manik Nivrutti Kodre | Director | 16 Dec 2017 | 8 Years 6 Months | Current |
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. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Revenue | |||||
| Revenue from Operations | ***** | ***** | ***** | ***** | ***** |
| Revenue Growth % | ***** | ***** | ***** | ***** | ***** |
| Other Income | ***** | ***** | ***** | ***** | ***** |
| Total Revenue | ***** | ***** | ***** | ***** | ***** |
| Expenses | |||||
| Total Expenses | ***** | ***** | ***** | ***** | ***** |
| Raw Material Cost | ***** | ***** | ***** | ***** | ***** |
| Change in Inventory FG | ***** | ***** | ***** | ***** | ***** |
| Change in Inventory WIP | ***** | ***** | ***** | ***** | ***** |
| Purchase of Traded Goods | ***** | ***** | ***** | ***** | ***** |
| Employee Cost | ***** | ***** | ***** | ***** | ***** |
| Managerial Remuneration | ***** | ***** | ***** | ***** | ***** |
| Audit Fees | ***** | ***** | ***** | ***** | ***** |
| Insurance | ***** | ***** | ***** | ***** | ***** |
| Power & Fuel | ***** | ***** | ***** | ***** | ***** |
| Interest | ***** | ***** | ***** | ***** | ***** |
| Depreciation | ***** | ***** | ***** | ***** | ***** |
| Other Expenses | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
| EBITDA (Operating Profit) | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| Exceptional Items | ***** | ***** | ***** | ***** | ***** |
| Extraordinary Items | ***** | ***** | ***** | ***** | ***** |
| Profit Before Exceptional & Extraordinary Items | ***** | ***** | ***** | ***** | ***** |
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
| Tax & Net Profit | |||||
| Tax Expense | ***** | ***** | ***** | ***** | ***** |
| Current Tax | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax | ***** | ***** | ***** | ***** | ***** |
| Profit from Discontinued Operations | ***** | ***** | ***** | ***** | ***** |
| Tax on Discontinued Operations | ***** | ***** | ***** | ***** | ***** |
| Profit | ***** | ***** | ***** | ***** | ***** |
| Net Margin % | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Shareholders' Funds | |||||
| Total Shareholders' Funds | ***** | ***** | ***** | ***** | ***** |
| Equity Capital | ***** | ***** | ***** | ***** | ***** |
| Reserves & Surplus | ***** | ***** | ***** | ***** | ***** |
| Money Against Warrants | ***** | ***** | ***** | ***** | ***** |
| Other Equity | ***** | ***** | ***** | ***** | ***** |
| Non-Current Liabilities | |||||
| Total Non-Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Long-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Liabilities | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Long-Term Provisions | ***** | ***** | ***** | ***** | ***** |
| Current Liabilities | |||||
| Total Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Short-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
| Trade Payables | ***** | ***** | ***** | ***** | ***** |
| Other Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Short-Term Provisions | ***** | ***** | ***** | ***** | ***** |
| Total Equity & Liabilities | ***** | ***** | ***** | ***** | ***** |
| Non-Current Assets | |||||
| Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Tangible Assets | ***** | ***** | ***** | ***** | ***** |
| Intangible Assets | ***** | ***** | ***** | ***** | ***** |
| Capital WIP | ***** | ***** | ***** | ***** | ***** |
| Intangibles Under Dev | ***** | ***** | ***** | ***** | ***** |
| Investments | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Assets | ***** | ***** | ***** | ***** | ***** |
| LT Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Assets | |||||
| Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Investments | ***** | ***** | ***** | ***** | ***** |
| Inventories | ***** | ***** | ***** | ***** | ***** |
| Trade Receivables | ***** | ***** | ***** | ***** | ***** |
| Cash & Bank Balance | ***** | ***** | ***** | ***** | ***** |
| ST Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Current Assets | ***** | ***** | ***** | ***** | ***** |
| Total Assets | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Cash from Operating Activities (CFO) | |||||
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
| Non-Cash Adjustments | ***** | ***** | ***** | ***** | ***** |
| + Interest Expense | ***** | ***** | ***** | ***** | ***** |
| + Depreciation | ***** | ***** | ***** | ***** | ***** |
| +/- Unrealized Forex | ***** | ***** | ***** | ***** | ***** |
| - Dividend Income | ***** | ***** | ***** | ***** | ***** |
| - Interest Income | ***** | ***** | ***** | ***** | ***** |
| +/- Other Non-Cash Items | ***** | ***** | ***** | ***** | ***** |
| Changes in Working Capital | ***** | ***** | ***** | ***** | ***** |
| +/- Inventory | ***** | ***** | ***** | ***** | ***** |
| +/- Debtors | ***** | ***** | ***** | ***** | ***** |
| +/- Creditors | ***** | ***** | ***** | ***** | ***** |
| Reconciliation Adjustments | ***** | ***** | ***** | ***** | ***** |
| Cash Generated from Operations | ***** | ***** | ***** | ***** | ***** |
| Income Taxes Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFO (Cash from Operations) | ***** | ***** | ***** | ***** | ***** |
| Cash from Investing Activities (CFI) | |||||
| Acquisitions & Disposals | ***** | ***** | ***** | ***** | ***** |
| Disposal of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Acquisition of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Capex | ***** | ***** | ***** | ***** | ***** |
| Purchase of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Sale of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Other Investing Cash Flows | ***** | ***** | ***** | ***** | ***** |
| Net CFI (Cash from Investing) | ***** | ***** | ***** | ***** | ***** |
| Cash from Financing Activities (CFF) | |||||
| Equity Issuance | ***** | ***** | ***** | ***** | ***** |
| Debt Raised | ***** | ***** | ***** | ***** | ***** |
| Debt Repaid | ***** | ***** | ***** | ***** | ***** |
| Dividends Paid | ***** | ***** | ***** | ***** | ***** |
| Interest Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFF (Cash from Financing) | ***** | ***** | ***** | ***** | ***** |
| Net Cash Position | |||||
| Net Change in Cash (Pre-Forex) | ***** | ***** | ***** | ***** | ***** |
| Closing Cash & Equivalents | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Liquidity | |||||
| Current Ratio | ***** | ***** | ***** | ***** | ***** |
| Quick Ratio | ***** | ***** | ***** | ***** | ***** |
| Cash Ratio | ***** | ***** | ***** | ***** | ***** |
| Efficiency | |||||
| Inventory Days | ***** | ***** | ***** | ***** | ***** |
| Debtor Days | ***** | ***** | ***** | ***** | ***** |
| Creditor Days | ***** | ***** | ***** | ***** | ***** |
| Cash Conversion Cycle | ***** | ***** | ***** | ***** | ***** |
| Asset Turnover | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
| Net Profit Margin % | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| ROE % | ***** | ***** | ***** | ***** | ***** |
| ROCE % | ***** | ***** | ***** | ***** | ***** |
| Net Worth Margin % | ***** | ***** | ***** | ***** | ***** |
| Growth | |||||
| Revenue Growth % | ***** | ***** | ***** | ***** | ***** |
| Leverage | |||||
| Equity Multiplier | ***** | ***** | ***** | ***** | ***** |
| Debt / EBITDA | ***** | ***** | ***** | ***** | ***** |
| Solvency | |||||
| D/E Ratio | ***** | ***** | ***** | ***** | ***** |
| ICR | ***** | ***** | ***** | ***** | ***** |
Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Shareholding Pattern of Magic Glass Private Limited
As of FY 2023, Magic Glass Private Limited's shareholding pattern shows 98.58% by promoters, 1.42% by public shareholders. The promoters hold a majority stake, indicating strong promoter control.
| Year | 2025 |
|---|---|
| Promoters | 33.19% |
| DII | 23.22% |
| FII | 18.28% |
| Public | 22.89% |
| Others | 2.42% |
Charges & Borrowings of Magic Glass Private Limited
| 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
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 & EPFO Data of Magic Glass Private Limited
Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.
GST Compliance of Magic Glass Private Limited
GSTIN & GST Filing Data of Magic Glass Private Limited
Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.
Credit Ratings, Litigation & Regulatory Alerts for Magic Glass Private Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Magic Glass Private Limited
Access complete credit rating history, litigation records, regulatory alerts, and compliance data.
MSME Payment Delays by Magic Glass Private Limited
MSME Payment Delays by Magic Glass Private Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Magic Glass Private Limited
Subsidiaries & Group Companies of Magic Glass Private Limited
See the full corporate group - holding company, subsidiaries, associates and joint ventures of Magic Glass Private Limited with ownership details.
MCA Filings & Documents of Magic Glass Private Limited
MCA Filings & Documents of Magic Glass Private Limited
Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.
Recent Activity on Magic Glass Private Limited
Frequently Asked Questions about Magic Glass Private Limited
Magic Glass Private Limited is an active private limited company in the manufacturing sector based in At Yawat Tal- Daund Pune, Maharashtra, India. It was incorporated on 30 December 2004 (22+ years old) and is registered under CIN U26109PN2004PTC020086. The company has 59 employees.
Magic Glass Private Limited reported revenue of ₹70.75 Cr for FY 2025 (up 18.00% YoY).
The current directors of Magic Glass Private Limited are:
The primary industry of Magic Glass Private Limited is manufacturing. The company specifically operates in glass and products. The company is currently active in this sector.
Magic Glass Private Limited can be reached at the registered office: Gurukrupa Industrial Estateplot No 8132A Pune Solapur Road National Highway No 9, At Yawat Tal – Daund Pune, Maharashtra, India – 412214, or through the website magicglass.co.in.
The authorised capital is ₹10 Cr, and the paid-up capital is ₹8.12 Cr.