MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0175822
Magic Software Enterprises India Private Limited - information technology in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹46.95 Cr
▲ 7% YoY
Net profit · FY 2025
₹5.08 Cr
Net margin 10.8%
EBITDA · FY 2025
₹7.56 Cr
EBITDA margin 16.1%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹99 Lakh
Issued & subscribed
Company age
29 yrs
Est. 1997
Employees · EPFO
185
Provident fund records
Directors on board
3
As per MCA filings
About Magic Software Enterprises India Private Limited
Data last updated:
Magic Software Enterprises India Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Magic Software Enterprises Limited, Israel. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 08 December 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72200MH1997PTC112303. Its GSTIN is 27AABCM2443B1Z0 (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹99 Lakh. It is led by directors including Ashutosh Pravin Mashruwala and Arie Kilman.
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 Matrix IT Park B Wing, Plot No 64 4 Sangamwadi Mumbai Pune Road, Maharashtra, India – 411005.
As per the financials filed for FY 2025, the company reported a revenue of ₹46.95 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹5.08 Cr (net margin 10.8%) and EBITDA of ₹7.56 Cr (EBITDA margin 16.1%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 13% over five years.
The company has about 185 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Magic Software Enterprises. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.
Magic Software Enterprises India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0175822). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website magicsoftware.com.
Company details
CIN U72200MH1997PTC112303
Registration Number 112303
Incorporation Date 08 December 1997
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Magic Software Enterprises Limited, Israel
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-26-0175822
Recognitions & Rankings of Magic Software Enterprises India
Contact details
Magic Software Enterprises India Private Limited's registered office is in Pune, Maharashtra. Its website is magicsoftware.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressMatrix IT Park B Wing, Plot No 64 4 Sangamwadi Mumbai Pune Road, Maharashtra, India – 411005
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Magic Software Enterprises India Private Limited, buy the company report.
Comprehensive company report
Magic Software Enterprises India Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Magic Software Enterprises India operates one associated brand: Magic Software Enterprises. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Mobile device management and enterprise integration platforms are offered. | magicsoftware.com |
Business activity
The main business activity of Magic Software Enterprises India is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Magic Software Enterprises India Private Limited, buy the company report.
Financials of Magic Software Enterprises India Private Limited
FY 2025 filings availableMagic Software Enterprises India Private Limited reported revenue of ₹46.95 Cr (up 7% YoY) for FY 2025.
Revenue · FY 2025
₹46.95 Cr ▲ 7%
Net profit · FY 2025
₹5.08 Cr margin 10.8%
EBITDA · FY 2025
₹7.56 Cr margin 16.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 12%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 10%
5 years · compounded
▲ 15%
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 7% growth in the latest year. EBITDA rose 10% 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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| Total Expenses | |||||
| EBITDA | ₹7.56 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.08 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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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 | 16.1% | ||||
| Net Profit Margin | 10.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Magic Software Enterprises India Private Limited, buy the company report.
Board of directors of Magic Software Enterprises India Private Limited
Magic Software Enterprises India has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashutosh Pravin Mashruwala | Director | 09 Dec 2021 | 4 Years 10 Months | Current |
| Arie Kilman | Director | 30 Mar 2022 | 4 Years 7 Months | Current |
| Asaf Berenstin | Director | 30 Mar 2011 | 15 Years 7 Months | Current |
Auditor
Magic Software Enterprises India Private Limited is audited by P.G. BHAGWAT LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.G. BHAGWAT LLP | FY 2023 | 101118W |
Shareholding
The shareholding of Magic Software Enterprises India 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 Magic Software Enterprises India Private Limited, buy the company report.
Legal cases
Magic Software Enterprises India Private Limited has 2 court cases on record: 1 filed by Magic Software Enterprises India, 1 filed against it. 1 case is pending and 1 is disposed.
Total cases
2
Filed by the company
1
Filed against the company
1
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed by the company against Alankit Limited and 1 other | Pending |
| Bombay High Court | Tax appeal | Filed against the company by PR. Commissioner of Income Tax -6 | Disposed |
To see the full case history of Magic Software Enterprises India 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
No delayed payments to MSME suppliers are on our record for Magic Software Enterprises India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Magic Software Enterprises India Private Limited has a workforce of 185 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
Employee count
185
Active EPFO establishments
1
Employee growth
10.78%
GST
Magic Software Enterprises India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCM2443B1Z0 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Magic Software Enterprises India Private Limited, buy the company report.
Recent activity
Magic Software Enterprises India Private Limited has 12 board changes on record since 2007: 3 appointments and 9 cessations. The latest: Arie Kilman ceased to be Additional Director on 30 Sep 2022.
AGM
Magic Software Enterprises India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Magic Software Enterprises India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Ceased
Arie Kilman ceased to be Additional Director.
Ceased
Ashutosh Pravin Mashruwala ceased to be Additional Director.
Ceased
Nitin Ramesh Bhosle ceased to be Director.
Appointed
Arie Kilman was appointed as Director.
Appointed
Ashutosh Pravin Mashruwala was appointed as Director.
Ceased
Amit Mordechay Birk ceased to be Director.
Ceased
Asaf Berenstin ceased to be Additional Director.
Ceased
Avikam Perry ceased to be Director.
Appointed
Asaf Berenstin was appointed as Director.
Ceased
David Ori Zigdon ceased to be Director.
3 earlier events are in the company report.
News
Frequently asked questions
Magic Software Enterprises India is an active private limited company based in Pune, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 08 December 1997 (29+ years old) and is registered under CIN U72200MH1997PTC112303.
Magic Software Enterprises India has 3 current directors:
- Ashutosh Pravin Mashruwala - Director
- Arie Kilman - Director
- Asaf Berenstin - Director
The latest financial statements of Magic Software Enterprises India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Magic Software Enterprises India is 27AABCM2443B1Z0, registered in Maharashtra.
The CIN (Corporate Identification Number) of Magic Software Enterprises India is U72200MH1997PTC112303. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magic Software Enterprises India has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Magic Software Enterprises India was incorporated on 08 December 1997, making it 29+ years old. It is registered with the Registrar of Companies, Pune.
Arie Kilman ceased to be Additional Director on 30 Sep 2022. Ashutosh Pravin Mashruwala ceased to be Additional Director on 30 Sep 2022. Nitin Ramesh Bhosle ceased to be Director on 31 Mar 2022. Magic Software Enterprises India has 12 board changes on record in total.
Yes, Magic Software Enterprises India is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0175822).
Magic Software Enterprises India can be reached through the website magicsoftware.com. Its registered office is in Pune, Maharashtra, India.
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