Magma Autolinks Private Limited
About Magma Autolinks Private Limited
Data last updated:
Magma Autolinks Private Limited is a private limited company based in Una, Himachal Pradesh, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 06 November 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Himachal Pradesh, under CIN U50400HP2013PTC000561. Its GSTIN is 02AAICM9648M3ZV (Himachal Pradesh). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹5.52 Cr. It was formerly known as Magma Autolinks Limited. It is led by directors Shaveta and Tushar Sharma.
Its last annual general meeting (AGM) was held on 01 August 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Rakkar Road, Una, Himachal Pradesh, India – 174303.
As per the financials filed for FY 2017, the company reported a revenue of ₹72.28 Cr, a growth of 74% compared to the previous year. For the same year it recorded a net profit of ₹54.17 Lakh (net margin 0.7%) and EBITDA of ₹4.5 Cr (EBITDA margin 6.2%).
The company has about 62 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹48.34 Cr and satisfied charges of ₹20 Cr on record. Court records list 25 cases involving the company, including 8 filed by the company and 17 filed against it; 5 cases are pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹4.2 Cr; the latest was in February 2016. Its 3 peer companies in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading) are compared by revenue, 2 larger and 1 smaller; the largest is Adyant Automovers Private Limited with revenue of ₹72.43 Cr.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Magma Autolinks Private Limited's registered office is in Una, Himachal Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressRakkar Road, Una, Himachal Pradesh, India – 174303
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Magma Autolinks Private Limited, buy the company report.
- 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
Business activity
The main business activity of Magma Autolinks is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Magma Autolinks Private Limited, buy the company report.
Financials of Magma Autolinks Private Limited
FY 2017 filings availableMagma Autolinks Private Limited reported revenue of ₹72.28 Cr (up 74% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 74% in the latest year. EBITDA rose 113% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹72.28 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹4.5 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹54.17 Lakh | ||
| 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 6.2% | ||
| Net Profit Margin | 0.7% | ||
| 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 | |||
To see the full financial statements and ratios of Magma Autolinks Private Limited, buy the company report.
Board of directors of Magma Autolinks Private Limited
Magma Autolinks has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shaveta | Director | 06 Nov 2013 | 12 Years 11 Months | Current |
| Tushar Sharma | Director | 06 Nov 2013 | 12 Years 11 Months | Current |
Peer comparison
Magma Autolinks Private Limited is compared with the 3 companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Adyant Automovers Private Limited | ₹72.43 Cr (FY 2025) | -6.0% | Allahabad, Uttar Pradesh, India | |||
| Maansarovar Automobile Private Limited | ₹72.38 Cr (FY 2025) | -9.0% | Chennai, Tamil Nadu, India | |||
| Magma Autolinks Private Limitedthis company | ₹72.28 Cr (FY 2017) | ₹54.17 Lakh | 0.7% | 74.0% | 62 | Una, Himachal Pradesh, India |
| Prema Automobiles Private Limited | ₹72.15 Cr (FY 2024) | 11.0% | Patna, Bihar, India |
To see the full peer comparison of Magma Autolinks Private Limited, buy the company report.
Auditor
Magma Autolinks Private Limited is audited by VIJAY K JINDAL & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIJAY K JINDAL & ASSOCIATES | FY 2017 | 010306N |
Shareholding
The shareholding of Magma Autolinks Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Magma Autolinks Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Jul 2017 | 100110047 | Uco Bank | ₹9.85 Cr | Open | |
| 23 Mar 2016 | 100027225 | State Bank of India | ₹43.89 Lakh | Open | |
| 23 Mar 2016 | 100027226 | State Bank of India | ₹37.75 Cr | Open | |
| 25 Feb 2015 | 10571018 | Others | ₹30 Lakh | Open | |
| 10 Aug 2015 | 10595618 | Punjab National Bank | ₹8 Cr | Satisfied |
To see the full charge records of Magma Autolinks Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Magma Autolinks Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹4.2 Cr; the latest was in February 2016.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2016 | Funding round | ₹4.2 Cr | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Magma Autolinks Private Limited has 25 court cases on record: 8 filed by Magma Autolinks, 17 filed against it. 5 cases are pending and 20 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 13 | 4 |
| High courts | 9 | 3 | 0 |
| Supreme Court | 1 | 1 | 0 |
| NCLAT | 1 | 0 | 1 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chandigarh | Cheque dishonour complaint | Filed against the company by Reliance Commercial Finance Ltd. | Pending |
| District court, Rohtak, Haryana | Cheque dishonour complaint | Filed against the company by SPL Motors Pvt. Ltd. | Disposed |
| Supreme Court | Court case (2808-Mercantile Laws, Commercial Transactions Including Banking : Others) | Filed against the company by M/S Ram Hari Motors Pvt. Ltd. Director Gagandeep Kaur SH. Krishan Nagar, Rani Ki Bain, P.O. Gutkar, , District: Sadar ,Mandi , Himachal Pradesh and 1 other | Disposed |
| District court, Rohtak, Haryana | Commercial suit | Filed against the company by M/S SPL Motors Pvt. Ltd | Disposed |
| District court, South East, Delhi | Civil suit | Filed against the company by Precision Testing Machines Pvt Ltd | Disposed |
To see the full case history of Magma Autolinks 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.
Credit ratings & regulatory alerts
Magma Autolinks Private Limited was last rated by Icra on 19 May 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 19 May 2021 |
To see the full credit ratings and regulatory alerts of Magma Autolinks Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Magma Autolinks Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Magma Autolinks Private Limited has a workforce of 62 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Magma Autolinks has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02AAICM9648M3ZV | Himachal Pradesh | Active | 23 Mar 2021 |
To see the full GST registrations and return filing status of Magma Autolinks Private Limited, buy the company report.
Recent activity
Magma Autolinks Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Shaveta was appointed as Director on 06 Nov 2013.
5 earlier events are in the company report.
Frequently asked questions
Magma Autolinks is an active private limited company based in Una, Himachal Pradesh, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 06 November 2013 (13+ years old) and is registered under CIN U50400HP2013PTC000561.
Magma Autolinks has 2 current directors:
- Shaveta - Director
- Tushar Sharma - Director
The latest financial statements of Magma Autolinks on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 01 August 2017. Year-wise statements from 2015 are in the company report.
The GSTIN of Magma Autolinks is 02AAICM9648M3ZV, registered in Himachal Pradesh. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Magma Autolinks is U50400HP2013PTC000561. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magma Autolinks has 25 court cases on record: 8 filed by the company and 17 filed against it. 5 are pending. Most are in the district courts.
Magma Autolinks was incorporated on 06 November 2013, making it 13+ years old. It is registered with the Registrar of Companies, Himachal Pradesh.
Magma Autolinks has 1 deal on record (1 funding round), with disclosed funding of ₹4.2 Cr; the latest was in February 2016.
The peers of Magma Autolinks by revenue are Adyant Automovers Private Limited, Maansarovar Automobile Private Limited, Prema Automobiles Private Limited, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).
Shaveta was appointed as Director on 06 Nov 2013. Tushar Sharma was appointed as Director on 06 Nov 2013.
The registered office of Magma Autolinks is at Rakkar Road, Una, Himachal Pradesh, India – 174303.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
