MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0066795
Magicworks IT Solutions Private Limited - information technology in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.51 Cr
▲ 50% YoY
Net profit · FY 2025
₹6.07 Lakh
Net margin 2.4%
EBITDA · FY 2025
₹12.54 Lakh
EBITDA margin 5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹25 Lakh
Satisfied ₹4.9 Lakh
Company age
14 yrs
Est. 2012
Employees · EPFO
18
Provident fund records
About Magicworks IT Solutions Private Limited
Data last updated:
Magicworks IT Solutions Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 26 September 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72200PN2012PTC144846. Its GSTIN is 27AAICM2623C1ZT (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sudhir Dixit and Nikhita Pradeep Deshmukh.
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 201 Vasant Bahawa Survey No 20 Near La Valle Casa Bavdhan Pune, Maharashtra, India – 411021.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.51 Cr, a growth of 50% compared to the previous year. For the same year it recorded a net profit of ₹6.07 Lakh (net margin 2.4%) and EBITDA of ₹12.54 Lakh (EBITDA margin 5%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 24% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Magicworks Digital Marketing. As per MCA filings, the company has open charges of ₹25 Lakh and satisfied charges of ₹4.9 Lakh on record.
Magicworks IT Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0066795). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website magicworksitsolutions.com.
Company details
CIN U72200PN2012PTC144846
Registration Number 144846
Incorporation Date 26 September 2012
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 Micro
Udyam Registration UDYAM-MH-26-0066795
Key People
Sudhir Dixit Director Nikhita Pradeep Deshmukh Director Swapnil Avdhutrao Ughade Director Recognitions & Rankings of Magicworks IT Solutions
Contact details
Magicworks IT Solutions Private Limited's registered office is in Pune, Maharashtra. Its website is magicworksitsolutions.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address201 Vasant Bahawa Survey No 20 Near La Valle Casa Bavdhan Pune, Maharashtra, India – 411021
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Magicworks IT Solutions Private Limited, buy the company report.
Comprehensive company report
Magicworks IT Solutions 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
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Brands
Magicworks IT Solutions operates one associated brand: Magicworks Digital Marketing. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers digital marketing, website development, and hosting solutions to businesses. | magicworksitsolutions.com |
Business activity
The main business activity of Magicworks IT Solutions is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Magicworks IT Solutions Private Limited, buy the company report.
Financials of Magicworks IT Solutions Private Limited
FY 2025 filings availableMagicworks IT Solutions Private Limited reported revenue of ₹2.51 Cr (up 50% YoY) for FY 2025.
Revenue · FY 2025
₹2.51 Cr ▲ 50%
Net profit · FY 2025
₹6.07 Lakh margin 2.4%
EBITDA · FY 2025
₹12.54 Lakh margin 5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 50%
3 years · compounded
▲ 37%
5 years · compounded
▲ 24%
EBITDA CAGR growth
1 year
▼ 41%
3 years · compounded
▼ 11%
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 50% growth in the latest year. EBITDA fell 41% 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 | ₹12.54 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.07 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| 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 | 5% | ||||
| Net Profit Margin | 2.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
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To see the full financial statements and ratios of Magicworks IT Solutions Private Limited, buy the company report.
Board of directors of Magicworks IT Solutions Private Limited
Magicworks IT Solutions has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhir Dixit Also directs: Dnyanal Educon Private Limited | Director | 03 Jul 2019 | 7 Years 4 Months | Current |
| Nikhita Pradeep Deshmukh Also directs: Dnyanal Educon Private Limited | Director | 03 Jul 2019 | 7 Years 4 Months | Current |
| Swapnil Avdhutrao Ughade Also directs: Ideovate Research Private Limited | Director | 26 Sep 2012 | 14 Years 1 Months | Current |
Peer comparison
Magicworks IT Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (data processing, hosting and related activities; web portal), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Deckzi Solutions Private Limited | ₹2.53 Cr (FY 2025) | 19.0% | Kanchipuram, Tamil Nadu, India | |||
| Iyetec Systems Private Limited | ₹2.53 Cr (FY 2025) | 15.0% | Chandigarh, India | |||
| Unnatim Payments Private Limited | ₹2.53 Cr (FY 2024) | 153.0% | Murshidabad, West Bengal, India | |||
| Yardhealth Innovation and Research Private Limited | ₹2.52 Cr (FY 2023) | Bhubaneswar, Odisha, India | ||||
| Nanda Professional Services Private Limited | ₹2.51 Cr (FY 2025) | 1904.0% | Amritsar, Punjab, India | |||
| Magicworks IT Solutions Private Limitedthis company | ₹2.51 Cr (FY 2025) | ₹6.07 Lakh | 2.4% | 50.0% | 18 | Pune, Maharashtra, India |
| Haggs IT Solutions Private Limited | ₹2.51 Cr (FY 2018) | 712.0% | Chennai, Tamil Nadu, India | |||
| Inofnity Private Limited | ₹2.5 Cr (FY 2024) | 213.0% | Ghaziabad, Uttar Pradesh, India | |||
| VS Design Worx Private Limited | ₹2.5 Cr (FY 2025) | 5.0% | New Delhi, Delhi, India | |||
| Cobaltzebra Info Technologies Private Limited | ₹2.49 Cr (FY 2021) | New Delhi, Delhi, India | ||||
| Iconic Softech Solutions Private Limited | ₹2.49 Cr (FY 2019) | -45.0% | Navi Mumbai, Maharashtra, India |
To see the full peer comparison of Magicworks IT Solutions Private Limited, buy the company report.
Auditor
Magicworks IT Solutions Private Limited is audited by ESA & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ESA & ASSOCIATES | FY 2022 | 163892 |
Shareholding
The shareholding of Magicworks IT Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Magicworks IT Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹25 Lakh
Satisfied charges
₹4.9 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Mar 2024 | 100898801 | Hdfc Bank Limited | ₹15 Lakh | Open | |
| 13 Mar 2018 | 100172404 | Others | ₹10 Lakh | Open | |
| 19 Nov 2016 | 100066007 | Others | ₹4.9 Lakh | Satisfied |
To see the full charge records of Magicworks IT Solutions Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Magicworks IT Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Magicworks IT Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Magicworks IT Solutions Private Limited has a workforce of 18 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
18
Active EPFO establishments
1
Employee growth
-5.26%
GST
Magicworks IT Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICM2623C1ZT | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Magicworks IT Solutions Private Limited, buy the company report.
Recent activity
Magicworks IT Solutions Private Limited has 7 board changes on record since 2012: 3 appointments and 4 cessations. The latest: Mohan Gajanan Chute ceased to be Additional Director on 11 Sep 2021.
AGM
Magicworks It Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Magicworks It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 15.00 Lakh with Charge ID 100898801 was registered on 18 Mar 2024.
Ceased
Mohan Gajanan Chute ceased to be Additional Director.
Ceased
Anjali Girish Khairkar ceased to be Director.
Ceased
Nikhita Pradeep Deshmukh ceased to be Additional Director.
Ceased
Sudhir Dixit ceased to be Additional Director.
Appointed
Nikhita Pradeep Deshmukh was appointed as Director.
Appointed
Sudhir Dixit was appointed as Director.
Charges
A charge with Others of Rs. 10.00 Lakh registered on 13 Mar 2018 with Charge ID 100172404 was modified on 20 Jun 2019.
Charges
A charge with Others amounted to Rs. 10.00 Lakh with Charge ID 100172404 was registered on 13 Mar 2018.
Charges
A charge registered on 19 Nov 2016 via Charge ID 100066007 with Others was fully satisfied on 05 Aug 2017.
3 earlier events are in the company report.
Frequently asked questions
Magicworks IT Solutions is an active private limited company based in Pune, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 26 September 2012 (14+ years old) and is registered under CIN U72200PN2012PTC144846.
Magicworks IT Solutions has 3 current directors:
- Sudhir Dixit - Director
- Nikhita Pradeep Deshmukh - Director
- Swapnil Avdhutrao Ughade - Director
The latest financial statements of Magicworks IT Solutions 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 Magicworks IT Solutions is 27AAICM2623C1ZT, registered in Maharashtra.
The CIN (Corporate Identification Number) of Magicworks IT Solutions is U72200PN2012PTC144846. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magicworks IT Solutions was incorporated on 26 September 2012, making it 14+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Magicworks IT Solutions by revenue are Deckzi Solutions Private Limited, Iyetec Systems Private Limited, Unnatim Payments Private Limited, Yardhealth Innovation and Research Private Limited, Nanda Professional Services Private Limited and 5 more, all in the same principal business activity (data processing, hosting and related activities; web portal).
Mohan Gajanan Chute ceased to be Additional Director on 11 Sep 2021. Anjali Girish Khairkar ceased to be Director on 16 Feb 2021. Nikhita Pradeep Deshmukh ceased to be Additional Director on 30 Sep 2019. Magicworks IT Solutions has 7 board changes on record in total.
Yes, Magicworks IT Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0066795).
Magicworks IT Solutions can be reached through the website magicworksitsolutions.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Magicworks IT Solutions is at 201 Vasant Bahawa Survey No 20 Near La Valle Casa Bavdhan Pune, Maharashtra, India – 411021.
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