About Magicrete Building Solutions Private Limited
Data last updated:
Magicrete Building Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the construction materials segment of the manufacturing sector. It was incorporated on 24 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U26931MH2008PTC243333. Its GSTIN is 27AAFCM5517N1Z2 (Maharashtra). The company holds 13 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹2.76 Cr. It is led by directors including Sourabh Bimalkumar Bansal (Managing Director) and Siddharth Bimal Bansal (Whole-Time Director).
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹392.51 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹26.29 Cr (net margin 6.7%) and EBITDA of ₹52.32 Cr (EBITDA margin 13.3%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 20% over five years.
The company has about 361 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 2 brands: Buildmyghar and Magicrete. As per MCA filings, the company has open charges of ₹226.63 Cr and satisfied charges of ₹199.55 Cr on record. Court records list 73 cases involving the company, including 70 filed by the company and 1 filed against it; 4 cases are pending. The company has 17 deals on record (9 secondary share transfers, 7 funding rounds, 1 rights issue), with disclosed funding of ₹104.83 Cr; the latest was in June 2023. Its 10 peer companies in the Manufacturing industry (Construction Materials) are compared by revenue, 5 larger and 5 smaller; the largest is Sarvesh Refractories Private Limited. The company has 7 MSME Form 1 returns on record between 2022 and 2023, listing 14 overdue payments to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website magicrete.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressUnit No. 401 4th Floor Sunil Enclave Pereira Hill Road Andheri Kurla Road Andheri E, Ast, Mumbai, Maharashtra, India – 400099
- IndustryManufacturing, Construction Materials
- 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 Magicrete Building Solutions Private Limited
The main business activities of Magicrete Building Solutions are manufacturing and financial and insurance service. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products and other financial activities. 2 activity segments are registered with the MCA.
| 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 |
| K | Financial and insurance Service | K8 | Other financial activities | 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 Magicrete Building Solutions Private Limited FY 2025 filings available
Magicrete Building Solutions Private Limited reported revenue of ₹392.51 Cr (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Magicrete Building Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 7% growth in the latest year. EBITDA rose 56% 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 Magicrete Building Solutions 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 | ₹52.32 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹26.29 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 Magicrete Building Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.7% | •••• | •••• | •••• | •••• |
| 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 Magicrete Building Solutions 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.
Peer Comparison of Magicrete Building Solutions Private Limited
Magicrete Building Solutions Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Construction Materials). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sarvesh Refractories Private Limited | •••• | •••• | •••• | •••• | 57 | Rourkela, Orissa, India |
| LSC Infratech Limited | •••• | •••• | •••• | •••• | 31 | Rudrapur, Uttarakhand, India |
| NCL Buildtek Limited | •••• | •••• | •••• | •••• | 850 | Hyderabad, Telangana, India |
| Dalmia Refractories Limited | •••• | •••• | •••• | •••• | 70 | Tiruchirapalli, Tamil Nadu, India |
| S T P Ltd | •••• | •••• | •••• | •••• | 56 | Kolkata, West Bengal, India |
| Magicrete Building Solutions Private Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| World of Stones Private Limited | •••• | •••• | •••• | •••• | - | Kota, Rajasthan, India |
| K2k Infrastructure India Private Limited | •••• | •••• | •••• | •••• | 2,114 | Seri Lingampally, Telangana, India |
| Vivek Steels Skyline Private Limited | •••• | •••• | •••• | •••• | 20 | Indore, Madhya Pradesh, India |
| Centurywells Roofing India Private Limited | •••• | •••• | •••• | •••• | 30 | Sriperumbudur, Tamil Nadu, India |
| Surie Polex Industries Private Limited | •••• | •••• | •••• | •••• | 267 | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Magicrete Building Solutions by revenue in the Manufacturing industry (Construction Materials), 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 Magicrete Building Solutions Private Limited
Magicrete Building Solutions Private Limited is audited by Walker Chandiok & Co LLP for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Walker Chandiok & Co 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 Magicrete Building Solutions Private Limited
Magicrete Building Solutions has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sourabh Bimalkumar Bansal | Managing Director | 24 Apr 2008 | 18 Years 5 Months | Current |
| Siddharth Bimal Bansal | Whole-Time Director | 24 Apr 2008 | 18 Years 5 Months | Current |
| Sunilkumar Nandlal Roongta Also directs: Shailja Texprints Private Limited | Director | 05 May 2008 | 18 Years 5 Months | Current |
| Prakash Bagla Also directs: Kaanha Boutique LLP, Gunina Realholdings LLP, Simpolo International Private Limited and 5 more | Nominee Director | 14 Mar 2013 | 13 Years 6 Months | Current |
| Puneet Vinod Mittal | Whole-Time Director | 26 Jul 2012 | 14 Years 2 Months | Current |
Ownership and Shareholding of Magicrete Building Solutions 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 Magicrete Building Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Mar 2026 | Others | ₹6.3 Cr | Open |
| 29 Nov 2024 | Hdfc Bank Limited | ₹30 Lakh | Open |
| 29 Nov 2024 | Hdfc Bank Limited | ₹30 Lakh | Open |
| 25 Nov 2024 | Axis Bank Limited | ₹5 Cr | Open |
| 01 Jan 2024 | Axis Bank Limited | ₹15.25 Cr | Open |
Total charge records: 23 View all charges
Deals & Funding of Magicrete Building Solutions Private Limited
Magicrete Building Solutions Private Limited has 17 deals on record (9 secondary share transfers, 7 funding rounds, 1 rights issue), with disclosed funding of ₹104.83 Cr; the latest was in June 2023.
Deals on record (5 of 17)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Sneha Residency Private Limited , Nivedan Realtors Private Limited , Renu Finprop Private Limited |
| Oct 2011 | Funding round | ₹7.5 Cr | Investors: Sneha Residency Private Limited , Nirdesh Trading Pvt Ltd , Nivedan Realtors Private Limited |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: Shailja Tex Print Private Limited, Shree Raghukul Tex Prints Private Limited, an individual Seller: Bildcone Finance Limited, Gokul Vintrade Private Limited , Sharaddha-Jyoti Vanijya Private Ltd |
| Jan 2009 | Funding round | ₹10.58 Cr | Investors: Bildcone Finance Limited, Gokul Vintrade Private Limited , Sharaddha-Jyoti Vanijya Private Ltd |
Full deal history
All 17 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Magicrete Building Solutions Private Limited
Magicrete Building Solutions Private Limited has 73 court cases on record: 70 filed by Magicrete Building Solutions, 1 filed against it, 2 where it is another party. 4 cases are pending and 69 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 71 | 1 | 4 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 73)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South, Delhi | Civil suit | Filed against the company by Lucky Generators Private Limited | Pending |
| District court, SURAT, Gujarat | Criminal complaint | Filed by the company against Value Engineering and Construction LLP | Pending |
| District court, Jalandhar, Punjab | Civil suit | Filed by the company against Creative Engineers Private Limited | Disposed |
| District court, Navsari, Gujarat | Court case (SMST R) | Filed by the company against Ace Resorts and Infrastructure Private Limited | Disposed |
| District court, Navsari, Gujarat | Civil suit | Filed by the company against Cine Park Cinemas Private Limited | Disposed |
Full case history
All 73 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.
MSME Payment Delays by Magicrete Building Solutions Private Limited
Magicrete Building Solutions Private Limited has 7 MSME Form 1 returns on record between 2022 and 2023, listing 14 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Structen Prefab Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 7 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Magicrete Building Solutions Private Limited
Magicrete Building Solutions operates two associated brands: Buildmyghar and Magicrete. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates a digital hub for individual home builders in construction projects. | buildmyghar.com | |
| AAC blocks, construction chemicals, and precast solutions are manufactured. | magicrete.in |
Employees and EPFO Compliance at Magicrete Building Solutions Private Limited
Magicrete Building Solutions Private Limited has a workforce of 361 employees as of Dec 20, 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.
Group Structure of Magicrete Building Solutions Private Limited
Magicrete Building Solutions has 2 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Magicrete Chemical Industries Private Limited | U26990GJ2022PTC131371 | Locked |
| Maxlite Aac Blocks (India) Private Limited | U26990KA2019PTC121148 | Locked |
Showing major subsidiaries. Total: 2.
CIN History of Magicrete Building Solutions Private Limited
Magicrete Building Solutions has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U26931MH2008PTC243333, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U26931MH2008PTC243333 | Current |
| U26942GJ2008PTC053677 | Previous |
| U26931GJ2008PTC053677 | Previous |
News related to Magicrete Building Solutions Private Limited
Recent Activity on Magicrete Building Solutions Private Limited
Magicrete Building Solutions Private Limited has 9 board changes on record since 2008: 5 appointments and 4 cessations. The latest: Adit Harshad Dawda ceased to be Nominee Director on 12 Sep 2026.
43 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Magicrete Building Solutions 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.
Subsidiaries & Group Companies of Magicrete Building Solutions 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 Magicrete Building Solutions Private Limited
Magicrete Building Solutions has 13 GST registrations: 4 active and 9 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCM5517N1Z2 | Maharashtra | Active | 01 Jul 2017 |
| 06AAFCM5517N1Z6 | Haryana | Active | 01 Jul 2017 |
| 24AAFCM5517N1Z8 | Gujarat | Active | 01 Jul 2017 |
| 24AAFCM5517N2Z7 | Gujarat | Active | 13 Feb 2023 |
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 Magicrete Building Solutions 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 Magicrete Building Solutions Private Limited
Magicrete Building Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in construction materials, within the manufacturing industry. It was incorporated on 24 April 2008 (18+ years old) and is registered under CIN U26931MH2008PTC243333.
Magicrete Building Solutions reported revenue of ₹392.51 Cr for FY 2025 (up 7% YoY).
Magicrete Building Solutions has 5 current directors:
- Sourabh Bimalkumar Bansal - Managing Director
- Siddharth Bimal Bansal - Whole-Time Director
- Puneet Vinod Mittal - Whole-Time Director
- Sunilkumar Nandlal Roongta - Director
- Prakash Bagla - Nominee Director
Magicrete Building Solutions reported a net profit of ₹26.29 Cr (net margin 6.7%) and EBITDA of ₹52.32 Cr (EBITDA margin 13.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Magicrete Building Solutions is 21% over three years and 20% over five years. In the latest year (FY 2025) revenue rose 7%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Magicrete Building Solutions is 27AAFCM5517N1Z2, registered in Maharashtra. The company has 13 GST registrations in all, of which 4 are active and 9 are cancelled or inactive. Other active GSTINs include 06AAFCM5517N1Z6 (Haryana), 24AAFCM5517N1Z8 (Gujarat), 24AAFCM5517N2Z7 (Gujarat).
The CIN (Corporate Identification Number) of Magicrete Building Solutions is U26931MH2008PTC243333. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magicrete Building Solutions has 73 court cases on record: 70 filed by the company and 1 filed against it. 4 are pending. Most are in the district courts.
Magicrete Building Solutions was incorporated on 24 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Magicrete Building Solutions has 17 deals on record (9 secondary share transfers, 7 funding rounds, 1 rights issue), with disclosed funding of ₹104.83 Cr; the latest was in June 2023.
The peers of Magicrete Building Solutions by revenue are Sarvesh Refractories Private Limited, LSC Infratech Limited, NCL Buildtek Limited, Dalmia Refractories Limited, S T P Ltd and 5 more, all in the Manufacturing industry (Construction Materials).
Adit Harshad Dawda ceased to be Nominee Director on 12 Sep 2026. Mitin Chandanmal Jain ceased to be Nominee Director on 09 Jun 2025. Vinodkumar Chothmal Mittal ceased to be Director on 27 Sep 2023. Magicrete Building Solutions has 9 board changes on record in total.