Magna Digitech India Private Limited

Magna Digitech India Private Limited - information technology in Coimbatore, Tamil Nadu, India. MCA registration details.
CIN U72200TZ2003PTC010508 Incorporated 10 March 2003 ROC Chennai HQ Coimbatore, Tamil Nadu, India
Converted to LLP Private Limited Company information technology
Data last updated
Revenue · FY 2016
₹71.45 Lakh
▲ 4% YoY
Net profit · FY 2016
₹15.1 Lakh
Net margin 21.1%
EBITDA · FY 2016
₹28.58 Lakh
EBITDA margin 40%
Authorised capital
₹75 Lakh
Registered with MCA
Paid-up capital
₹5.6 Lakh
Issued & subscribed
Company age
23 yrs
Est. 2003
GST registrations
1
None active
Last financials
Mar 2016
Balance sheet date

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 The company has 1 GST registration on record, which is no longer active.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

CIN U72200TZ2003PTC010508
Registration Number 010508
Incorporation Date 10 March 2003
ROC Chennai
Listing Status Unlisted
Company Status Converted to LLP
Date of Last AGM 31 August 2016
Date of Balance Sheet 31 March 2016

Contact details

Magna Digitech India Private Limited's registered office is in Coimbatore, Tamil Nadu.

  • Registered Address
    43 Balasundaram Road Coimbatore, Tamil Nadu, India – 641018
  • Industry
    Information Technology, IT Consulting & Support Services
Comprehensive company report
Magna Digitech India Private Limited - one report that includes everything
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  • Legal cases, compliance and MCA filings
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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 codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer 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 available

Magna Digitech India Private Limited reported revenue of ₹71.45 Lakh (up 4% YoY) for FY 2016.

Revenue · FY 2016
₹71.45 Lakh ▲ 4%
Net profit · FY 2016
₹15.1 Lakh margin 21.1%
EBITDA · FY 2016
₹28.58 Lakh margin 40%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 4%
EBITDA CAGR growth
1 year
▼ 27%

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

MetricsFY 2015-16FY 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

MetricsFY 2015-16FY 2014-15
Profitability
EBITDA Margin40%
Net Profit Margin21.1%
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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
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 Lakh21.1%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.

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.

Total GSTINs
1
Cancelled / inactive
1

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.

Ceased
Krishna Samaraj Narayanaswamy ceased to be Director.
Ceased
Ranganayaki Narayanaswamy ceased to be Director.
AGM
Magna Digitech India Private Limited last Annual general meeting of members was held on 31 Aug 2016 as per latest MCA records.
Ceased
Ajeya Vel Narayanaswamy ceased to be Additional Director.
Ceased
Narayanaswamy Muthulakshmi ceased to be Additional Director.
Filing
Magna Digitech India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Chennai.
Incorporation
10 Mar 2003
Magna Digitech India Private Limited was registered on 10 Mar 2003 with Roc Chennai & aged 23 years 7 months as per MCA records.

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.