MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-24-0002360
Magirsha Industries Private Limited - machinery and equipment in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹5.26 Cr
▼ 40% YoY
Net profit · FY 2025
₹59.28 Lakh
Net margin 11.3%
EBITDA · FY 2025
₹1.19 Cr
EBITDA margin 22.6%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Open charges
₹2.75 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Employees · EPFO
15
Provident fund records
About Magirsha Industries Private Limited
Data last updated:
Magirsha Industries Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 10 July 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29308GJ2018PTC103211. Its GSTIN is 24AALCM9561A1ZH (Gujarat).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Rohit Manibhai Desai (Managing Director) and Ruma Jignesh Desai.
Its last annual general meeting (AGM) was held on 09 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Shed No. C – 1 – B / 336 /23 GIDC Makarpura, Vadodara, Gujarat, India – 390010.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.26 Cr, a decline of 40% compared to the previous year. For the same year it recorded a net profit of ₹59.28 Lakh (net margin 11.3%) and EBITDA of ₹1.19 Cr (EBITDA margin 22.6%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 5% over five years.
The company has about 15 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.75 Cr on record.
Magirsha Industries Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0002360). For more details, the company can be reached via its website magirsha.in.
Company details
CIN U29308GJ2018PTC103211
Registration Number 103211
Incorporation Date 10 July 2018
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 09 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-GJ-24-0002360
Key People
Rohit Manibhai Desai Managing Director Ruma Jignesh Desai Director Akin Pravinbhai Shah Director Recognitions & Rankings of Magirsha Industries
Contact details
Magirsha Industries Private Limited's registered office is in Vadodara, Gujarat. Its website is magirsha.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShed No. C – 1 – B / 336 /23 GIDC Makarpura, Vadodara, Gujarat, India – 390010
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Magirsha Industries Private Limited, buy the company report.
Comprehensive company report
Magirsha Industries 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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Business activity
The main business activity of Magirsha Industries is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Magirsha Industries Private Limited, buy the company report.
Financials of Magirsha Industries Private Limited
FY 2025 filings availableMagirsha Industries Private Limited reported revenue of ₹5.26 Cr (down 40% YoY) for FY 2025.
Revenue · FY 2025
₹5.26 Cr ▼ 40%
Net profit · FY 2025
₹59.28 Lakh margin 11.3%
EBITDA · FY 2025
₹1.19 Cr margin 22.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 40%
3 years · compounded
▼ 6%
5 years · compounded
▼ 5%
EBITDA CAGR growth
1 year
▼ 32%
3 years · compounded
▲ 6%
5 years · compounded
▼ 3%
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 40% fall in the latest year. EBITDA fell 32% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.19 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹59.28 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
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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 | 22.6% | ||||
| Net Profit Margin | 11.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Magirsha Industries Private Limited, buy the company report.
Board of directors of Magirsha Industries Private Limited
Magirsha Industries has 5 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rohit Manibhai Desai | Managing Director | 10 Jul 2018 | 8 Years 3 Months | Current |
| Ruma Jignesh Desai | Director | 23 Aug 2018 | 8 Years 2 Months | Current |
| Akin Pravinbhai Shah | Director | 10 Jul 2018 | 8 Years 3 Months | Current |
| Jignesh Markand Desai | Director | 10 Jul 2018 | 8 Years 3 Months | Current |
| Anjana Rohitbhai Desai | Director | 23 Aug 2018 | 8 Years 2 Months | Current |
Auditor
Magirsha Industries Private Limited is audited by VIRAL K. SHAH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIRAL K. SHAH & ASSOCIATES | FY 2023 | 124564W |
Shareholding
The shareholding of Magirsha Industries 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 Magirsha Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.75 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jun 2019 | 100274587 | Others | ₹2.75 Cr | Open |
To see the full charge records of Magirsha Industries Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Magirsha Industries 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
Magirsha Industries Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment 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 |
|---|---|---|---|
| V. K. Industrial Corporation Limited |
To see the full MSME payment records of Magirsha Industries Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Magirsha Industries Private Limited has a workforce of 15 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
Employee count
15
Active EPFO establishments
1
GST
Magirsha Industries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AALCM9561A1ZH | Gujarat | Active | 01 Dec 2018 |
To see the full GST registrations and return filing status of Magirsha Industries Private Limited, buy the company report.
Recent activity
Magirsha Industries Private Limited has 5 board changes on record since 2018: 5 appointments. The latest: Anjana Rohitbhai Desai was appointed as Director on 23 Aug 2018.
AGM
Magirsha Industries Private Limited last Annual general meeting of members was held on 09 Sep 2025 as per latest MCA records.
Filing
Magirsha Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 275.00 Lakh registered on 20 Jun 2019 with Charge ID 100274587 was modified on 03 Oct 2024.
Charges
A charge with Others amounted to Rs. 275.00 Lakh with Charge ID 100274587 was registered on 20 Jun 2019.
Appointed
Anjana Rohitbhai Desai was appointed as Director.
Appointed
Ruma Jignesh Desai was appointed as Director.
Appointed
Akin Pravinbhai Shah was appointed as Director.
Appointed
Jignesh Markand Desai was appointed as Director.
Appointed
Rohit Manibhai Desai was appointed as Managing Director.
Incorporation
10 Jul 2018
Magirsha Industries Private Limited was registered on 10 Jul 2018 with Roc Ahmedabad & aged 8 years 4 months as per MCA records.
Frequently asked questions
Magirsha Industries is an active private limited company based in Vadodara, Gujarat, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 10 July 2018 (8+ years old) and is registered under CIN U29308GJ2018PTC103211.
Magirsha Industries has 5 current directors:
- Rohit Manibhai Desai - Managing Director
- Ruma Jignesh Desai - Director
- Akin Pravinbhai Shah - Director
- Jignesh Markand Desai - Director
- Anjana Rohitbhai Desai - Director
The latest financial statements of Magirsha Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 09 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Magirsha Industries is 24AALCM9561A1ZH, registered in Gujarat.
The CIN (Corporate Identification Number) of Magirsha Industries is U29308GJ2018PTC103211. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magirsha Industries was incorporated on 10 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Anjana Rohitbhai Desai was appointed as Director on 23 Aug 2018. Ruma Jignesh Desai was appointed as Director on 23 Aug 2018. Akin Pravinbhai Shah was appointed as Director on 10 Jul 2018. Magirsha Industries has 5 board changes on record in total.
Yes, Magirsha Industries is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-24-0002360).
Magirsha Industries has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 30 May 2019.
Magirsha Industries can be reached through the website magirsha.in. Its registered office is in Vadodara, Gujarat, India.
The registered office of Magirsha Industries is at Shed No. C – 1 – B 336 23 GIDC Makarpura, Vadodara, Gujarat, India – 390010.
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