
Magna Digitech India Private Limited
About Magna Digitech India Private Limited
Data last updated:
Magna Digitech India Private Limited was a private limited company based in Coimbatore, Tamil Nadu, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 10 March 2003.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U72200TZ2003PTC010508. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹75 Lakh and a paid-up capital of ₹5.6 Lakh.
Its last annual general meeting (AGM) was held on 31 August 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at 43 Balasundaram Road Coimbatore, Tamil Nadu, India – 641018.
As per the financials filed for FY 2016, the company reported a revenue of ₹71.45 Lakh, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹15.1 Lakh (net margin 21.1%) and EBITDA of ₹28.58 Lakh (EBITDA margin 40%).
Company details
Contact details
Magna Digitech India Private Limited's registered office is in Coimbatore, Tamil Nadu.
- Registered Address43 Balasundaram Road Coimbatore, Tamil Nadu, India – 641018
- IndustryInformation Technology, IT Consulting & Support Services
- 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 Magna Digitech India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Magna Digitech India Private Limited, buy the company report.
Financials of Magna Digitech India Private Limited
FY 2016 filings availableMagna Digitech India Private Limited reported revenue of ₹71.45 Lakh (up 4% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 4% in the latest year. EBITDA fell 27% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| 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 | ₹28.58 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹15.1 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 40% | |
| Net Profit Margin | 21.1% | |
| 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 Magna Digitech India Private Limited, buy the company report.
Board of directors of Magna Digitech India Private Limited
Magna Digitech India has 4 former directors on record and no current directors listed.
Peer comparison
Magna Digitech India Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mana HC Info Private Limited | ₹71.5 Lakh (FY 2024) | 6.0% | Chennai, Tamil Nadu, India | |||
| Innovare Technologies Private Limited | ₹71.5 Lakh (FY 2021) | 35.0% | Hyderabad, Telangana, India | |||
| Magna Digitech India Private Limitedthis company | ₹71.45 Lakh (FY 2016) | ₹15.1 Lakh | 21.1% | 4.0% | Coimbatore, Tamil Nadu, India | |
| Coeurdata Software Private Limited | ₹71.23 Lakh (FY 2025) | -12.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Magna Digitech India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Magna Digitech India 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 Magna Digitech India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Magna Digitech India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Magna Digitech India Private Limited, buy the company report.
Recent activity
Magna Digitech India Private Limited has 4 board changes on record since 2016: 0 appointments and 4 cessations. The latest: Krishna Samaraj Narayanaswamy ceased to be Director on 08 Feb 2017.
Frequently asked questions
Magna Digitech India has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Magna Digitech India was a private limited company based in Coimbatore, Tamil Nadu, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 10 March 2003 and is registered under CIN U72200TZ2003PTC010508. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Magna Digitech India is U72200TZ2003PTC010508. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magna Digitech India was incorporated on 10 March 2003. It is registered with the Registrar of Companies, Chennai.
The registered office of Magna Digitech India is at 43 Balasundaram Road Coimbatore, Tamil Nadu, India – 641018.
The latest financial statements of Magna Digitech India on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 31 August 2016. Year-wise statements from 2015 are in the company report.
No. Magna Digitech India has 1 GST registration on record and it is cancelled or inactive.
Magna Digitech India operated in the information technology industry, in the IT consulting and support services segment.
The peers of Magna Digitech India by revenue are Mana HC Info Private Limited, Innovare Technologies Private Limited, Coeurdata Software Private Limited, all in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities).
Krishna Samaraj Narayanaswamy ceased to be Director on 08 Feb 2017. Ranganayaki Narayanaswamy ceased to be Director on 08 Feb 2017. Ajeya Vel Narayanaswamy ceased to be Additional Director on 31 Aug 2016. Magna Digitech India has 4 board changes on record in total.
Magna Digitech India can be reached at its registered office: 43 Balasundaram Road Coimbatore, Tamil Nadu, India – 641018.