Magna Electro Castings Limited - manufacturing in Pollachi, Tamil Nadu, India. FY 2026 financials & compliance.
CIN L31103TZ1990PLC002836 Incorporated 22 August 1990 ROC Coimbatore HQ Pollachi, Tamil Nadu, India
Active Listed - BSE: 517449 Public Limited Company manufacturing MSME · Medium
Data last updated
Market Cap
₹537 Cr
MAGNAELQ · BSE
Share Price
₹1,275.60
+0.62% today
Revenue
₹196 Cr
FY 2025-26 · +11.3% YoY
EBITDA
₹33.14 Cr
Margin 16.9%
Net Profit
₹18.40 Cr
FY 2025-26 · -19.9% YoY
P/E (TTM)
34.1x
P/B 3.7x
ROE
13.5%
ROCE 17.3%
Debt / Equity
0.09
Interest cover 4.1x

About Magna Electro Castings Limited

Data last updated:

Magna Electro Castings Limited is a public limited company based in Pollachi, Tamil Nadu, India. It operates in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 22 August 1990 and has been in existence for over 36 years.

The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN L31103TZ1990PLC002836. Its GSTIN is 33AABCM4711E1Z2 (Tamil Nadu). The company holds 2 GST registrations, all of them active. It is a listed company as per MCA records. Its shares are listed on BSE: 517449.

The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.23 Cr. It was formerly known as Magna Electronics Limited. It is led by directors including Krishnasamaraj Narayanaswamy (Managing Director) and Manickam Malmarugan (Whole-Time Director).

Its last annual general meeting (AGM) was held on 04 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Pollachi, Tamil Nadu.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹196.44 Cr, a growth of 11.3% compared to the previous year. For the same year it recorded a net profit of ₹18.4 Cr (net margin 9.4%) and EBITDA of ₹33.14 Cr (EBITDA margin 16.9%). The net worth stands at ₹145 Cr (up 12.1% YoY). Total assets are valued at ₹161.14 Cr (up 14.2% YoY).

The company has about 197 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Magna Site Design. As per MCA filings, the company has open charges of ₹40.25 Cr and satisfied charges of ₹72.84 Cr on record. Court records list 19 cases involving the company, including 16 filed by the company and 3 filed against it. The company has 13 deals on record (13 market trades); the latest was in January 2026. Its 8 peer companies in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products) are compared by revenue, 3 larger and 5 smaller; the largest is M.M.Castings Private Limited with revenue of ₹182.85 Cr. The company has 2 MSME Form 1 returns on record between 2019 and 2020, listing 15 overdue payments to 9 micro and small suppliers.

Magna Electro Castings Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-03-0005466). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website magnacast.com.

Company details

CIN L31103TZ1990PLC002836
Registration Number 002836
Incorporation Date 22 August 1990
ROC Coimbatore
Listing Status Listed - Listed on BSE (517449)
Company Status Active
Date of Last AGM 04 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TN-03-0005466

CIN history

Magna Electro Castings has one previous CIN (Corporate Identification Number): U31103TZ1990PLC002836. The current CIN is L31103TZ1990PLC002836, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L31103TZ1990PLC002836Current
U31103TZ1990PLC002836Previous

Recognitions & Rankings of Magna Electro Castings

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-TN-03-0005466

Contact details

Magna Electro Castings Limited's registered office is in Pollachi, Tamil Nadu. Its website is magnacast.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Sf No 34 & 35 Mullupadi Village, Thamaraikulam Post Kinathukkadavu Taluk, Pollachi, Tamil Nadu, India – 642109
  • Industry
    Manufacturing, Die Casting & Metal Forming

To see the full contact details of Magna Electro Castings Limited, buy the company report.

Comprehensive company report
Magna Electro Castings 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Magna Electro Castings operates one associated brand: Magna Site Design. Each brand links to its own profile.

BrandDescriptionWebsite
Ductile iron casting products are manufactured in Coimbatore, India.magnacast.com

Business activity

The main business activities of Magna Electro Castings are manufacturing and support service to organizations. In detail, this covers metal and metal products and other support services to organizations. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products
NSupport service to OrganizationsN7Other support services to organizations

To see the full business activity and turnover split of Magna Electro Castings Limited, buy the company report.

Financials of Magna Electro Castings Limited

FY 2025-26 filings available

Magna Electro Castings Limited reported revenue of ₹196.44 Cr (up 11.3% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹196 Cr
+11.3% YoY
EBITDA
₹33.14 Cr
-3.2% YoY
Profit After Tax
₹18.40 Cr
-19.9% YoY
Net Worth
₹145 Cr
+12.1% YoY
Total Assets
₹161 Cr
+14.2% YoY
Total Debt
₹14.88 Cr
+34.9% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue19617614416513697.8196.32
Revenue growth+11.3%+22.8%-12.7%+21.2%+38.9%+1.6%-
EBITDA33.1434.2223.3725.6713.6210.0610.83
EBITDA margin+16.9%+19.4%+16.3%+15.6%+10.0%+10.3%+11.2%
Profit before tax25.1831.0620.4123.1210.347.028.50
Net profit18.4022.9715.1115.647.725.176.66
Net profit margin+9.4%+13.0%+10.5%+9.5%+5.7%+5.3%+6.9%
EPS (₹)43.6554.6235.7040.4618.2612.2414.59
Balance sheet
Total assets16114110994.8483.6871.7774.03
Net worth14512910894.3678.3171.3473.50
Total debt14.8811.030.090.154.990.130.19
Cash & bank15.8512.5322.5722.0314.9115.3614.50
Net working capital54.6648.0255.5351.2350.4439.6241.44
Cash flow
Cash from operations21.2839.607.5119.56(1.21)9.239.30
Cash from investing(19.25)(49.58)(5.75)(11.89)(3.14)(3.79)(3.53)
Cash from financing(0.43)8.56(1.55)(6.34)3.90(7.60)(4.33)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue50.8147.6147.9852.3348.5245.5143.1445.64
Revenue growth (YoY)+4.7%+4.6%+11.2%+14.7%+15.1%---
Other income0.490.520.450.480.450.390.310.50
Total expenses43.3741.0640.6342.8738.7438.0735.7335.90
EBITDA7.446.557.359.469.787.447.419.74
EBITDA margin+14.6%+13.8%+15.3%+18.1%+20.2%+16.3%+17.2%+21.3%
Depreciation2.612.512.542.531.291.171.151.20
Interest0.290.420.310.230.030.170.080.01
Profit before tax5.034.144.957.188.916.496.499.03
Tax1.311.481.191.772.271.671.642.31

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 30 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue50.8147.6147.9852.3348.5245.5143.1445.64
Revenue growth (YoY)+4.7%+4.6%+11.2%+14.7%+15.1%---
Other income0.490.520.450.480.450.390.310.50
Total expenses43.3741.0640.6342.8738.7438.0735.7335.90
EBITDA7.446.557.359.469.787.447.419.74
EBITDA margin+14.6%+13.8%+15.3%+18.1%+20.2%+16.3%+17.2%+21.3%
Depreciation2.612.512.542.531.291.171.151.20
Interest0.290.420.310.230.030.170.080.01
Profit before tax5.034.144.957.188.916.496.499.03
Tax1.311.481.191.772.271.671.642.31
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue19617614416513697.8196.32
Revenue growth+11.3%+22.8%-12.7%+21.2%+38.9%+1.6%-
Other income1.901.731.603.291.631.212.15
Total expenses16314212013912287.7585.49
Employee cost24.8720.6618.4116.5214.6612.5610.81
EBITDA33.1434.2223.3725.6713.6210.0610.83
EBITDA margin+16.9%+19.4%+16.3%+15.6%+10.0%+10.3%+11.2%
Depreciation8.874.624.365.504.594.174.36
Interest0.990.270.200.340.320.080.12
Profit before tax25.1831.0620.4123.1210.347.028.50
Tax6.717.935.296.002.621.831.82
Net profit18.4022.9715.1115.647.725.176.66
Net profit margin+9.4%+13.0%+10.5%+9.5%+5.7%+5.3%+6.9%
EPS (₹)43.6554.6235.7040.4618.2612.2414.59
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital4.234.234.234.234.234.234.58
Reserves & surplus14112510490.1374.0867.1168.92
Shareholders' funds (net worth)14512910894.3678.3171.3473.50
Secured loans14.2511.030.000.004.910.000.00
Unsecured loans0.630.000.090.150.080.130.19
Total debt14.8811.030.090.154.990.130.19
Total liabilities16114110994.8483.6871.7774.03
Assets
Gross block14991.6680.4173.9260.5754.8052.72
Net block98.8449.7643.0940.4032.4831.3033.29
Capital work in progress4.7641.211.200.920.722.260.00
Investments1.441.441.441.440.000.000.00
Inventories18.6912.4710.759.3511.517.329.80
Sundry debtors43.9054.3436.4138.2039.1629.1624.12
Cash & bank balances15.8512.5322.5722.0314.9115.3614.50
Loans & advances7.018.643.734.446.084.715.10
Total current assets85.4587.9873.4674.0271.6656.5553.52
Total current liabilities30.7939.9617.9322.7921.2216.9312.08
Net working capital54.6648.0255.5351.2350.4439.6241.44
Total assets16114110994.8483.6871.7774.03
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.381.801.590.260.722.881.44
Net cash from operating activities21.2839.607.5119.56(1.21)9.239.30
Net cash from investing activities(19.25)(49.58)(5.75)(11.89)(3.14)(3.79)(3.53)
Net cash from financing activities(0.43)8.56(1.55)(6.34)3.90(7.60)(4.33)
Net change in cash1.60(1.42)0.211.33(0.46)(2.16)1.43
Closing cash15.8512.5322.5722.0314.9115.3614.50
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+11.3%+22.8%-12.7%+21.2%+38.9%+1.6%-
EBITDA growth-3.2%+46.4%-9.0%+88.5%+35.4%-7.1%-
PBT growth-18.9%+52.2%-11.7%+123.6%+47.3%-17.4%-43.4%
Net income growth-19.9%+52.0%-3.4%+102.6%+49.3%-22.4%-
Revenue CAGR (3Y)+6.1%+9.1%+13.7%+19.6%+3.4%+1.7%+6.9%
EBITDA CAGR (3Y)+8.9%+36.0%+32.4%+33.3%-8.5%-6.6%-8.8%
Profitability & leverage
Net income margin+9.4%+13.1%+10.5%+10.4%+5.7%+5.3%+6.9%
Return on capital employed+17.3%+25.1%+20.3%+26.3%+13.7%+9.7%+11.9%
Return on net worth+13.5%+19.5%+14.9%+19.8%+10.3%+7.2%+9.3%
Debt / equity0.090.050.000.030.030.000.00
Long-term debt / equity0.080.040.000.000.000.000.00
Interest cover4.080.911.051.693.541.361.85
Efficiency & per share
Fixed asset turnover1.632.051.862.452.351.821.90
Inventory turnover12.6115.2014.3015.7914.4311.4310.17
Debtors turnover4.003.893.854.263.983.673.50
EPS (₹)43.6554.6235.7040.4618.2612.2414.59
Dividend per share (₹)5.006.005.003.002.501.502.50
Book value per share (₹)342.62305.53256.09222.96185.04168.56160.40

To see the full year-wise statements and ratios of Magna Electro Castings Limited, buy the company report.

Board of directors of Magna Electro Castings Limited

Magna Electro Castings has 9 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rajkumar Doraisamy GopalasamyDirector31 Jan 20224 Years 8 MonthsCurrent
Manickam MalmaruganWhole-Time Director26 Aug 20224 Years 2 MonthsCurrent
Krishnasamaraj NarayanaswamyManaging Director22 Aug 199036 Years 2 MonthsCurrent
Janardhana Vijayakumar NaiduDirector22 Aug 199036 Years 2 MonthsCurrent
Sudarsan VaradarajDirector19 Aug 20242 Years 2 MonthsCurrent
Rangaswamy NarayananDirector19 Aug 20242 Years 2 MonthsCurrent
Showing 6 of 9 current directors. View all directors

Peer comparison

Magna Electro Castings Limited is compared with the 8 companies closest to it by revenue in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Magna Electro Castings Limitedthis company₹196.44 Cr (FY 2026)₹18.4 Cr9.4%11.3%197Pollachi, Tamil Nadu, India
M.M.Castings Private Limited₹182.85 Cr (FY 2025)-26.0%New Delhi, Delhi, India
Hi-Con Techno Cast Private Limited₹182.69 Cr (FY 2025)1.0%Metoda, Gujarat, India
Grace Castings Limited₹180.83 Cr (FY 2025)-18.0%Kadi, Gujarat, India
Mahadev Ferro Cast Private Limited₹175.02 Cr (FY 2025)3.0%Rajkot, Gujarat, India
Sanjivani Casting Private Limited₹174.88 Cr (FY 2025)0.0%Rajkot, Gujarat, India
Simplex Castings Limited₹173.22 Cr (FY 2025)40.0%Durg, Chhattisgarh, India
Malnad Alloy Castings Private Limited₹173.07 Cr (FY 2025)5.0%Shimoga, Karnataka, India
Vaf Aero Systems Private Limited₹173.02 Cr (FY 2025)138.0%Palladam, Tamil Nadu, India

To see the full peer comparison of Magna Electro Castings Limited, buy the company report.

Auditor

Magna Electro Castings Limited is audited by VKS Aiyer And Co for the financial year 2024.

Auditor firmFinancial yearFirm registration number
VKS Aiyer And CoFY 2024000066S

Shareholding

Shareholding for the quarter ended Mar 2026: promoters hold 53.70%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 46.30%.

Promoters: 53.70%Retail & Others: 46.30%
Mar 2026
QUARTER
53.70% Promoters
46.30% Retail & Others
Promoter holding - history
Now 53.70% · Mar 2026High 53.70% · Jun 2025Low 53.70% · Jun 2025
52%52.8%53.5%54.3%55%Jun 2025Sep 2025Dec 2025Mar 2026Jun 2025: 53.70%Sep 2025: 53.70%Dec 2025: 53.70%Mar 2026: 53.70%53.70%53.70%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025
Promoters53.70%53.70%53.70%53.70%
Public46.30%46.30%46.30%46.30%

Charges & borrowings

Open charges
₹40.25 Cr
Satisfied charges
₹72.84 Cr
Breakdown by lending institutions
Others₹35.25 Cr
Axis Bank Limited₹5.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
06 Aug 2021100477824Axis Bank Limited₹5 CrOpen
26 Mar 199690008366Others₹35.25 CrOpen
19 Oct 201210384363Indian Bank₹3.2 CrSatisfied
19 Oct 201210384366Indian Bank₹15.56 CrSatisfied
21 Feb 201210339738Indian Bank₹11.25 CrSatisfied

To see the full charge records of Magna Electro Castings Limited, buy the company report.

Total charge records: 20 View all charges

Deals & funding

Magna Electro Castings Limited has 13 deals on record (13 market trades); the latest was in January 2026.

Total deals
13
Market trades
13

Deals on record (5 of 13)

WhenDealAmountParties
Jan 2026Market trade₹1.92 CrBuyer: Fibre2fashion Private Limited , an individual
Seller: an individual
Jun 2021Market trade₹39.9 LakhSeller: an individual
Jul 2013Market trade₹43.8 LakhBuyer: an individual
Seller: Ojas Consulting Private Limited
Jun 2013Market trade₹33.1 LakhBuyer: an individual
Seller: Ojas Consulting Private Limited
Sep 2012Market trade₹31 LakhBuyer: Ojas Consulting Private Limited
Seller: an individual

To see the full deal history of Magna Electro Castings Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Magna Electro Castings Limited was last rated by Care on 31 Dec 2025.

Rating agencyRated onRating
Care31 Dec 2025

To see the full credit ratings and regulatory alerts of Magna Electro Castings Limited, buy the company report.

MSME payment delays

Magna Electro Castings Limited has 2 MSME Form 1 returns on record between 2019 and 2020, listing 15 overdue payments to 9 micro and small suppliers. 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 (5 of 9)

SupplierAmount dueDue sinceReported on
Moldex Industries
Ramsive Tools Private Limited
an individual supplier
an individual supplier
an individual supplier

To see the full MSME payment records of Magna Electro Castings Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Magna Electro Castings Limited has a workforce of 197 employees on its EPFO records as of Oct 09, 2025, across 1 active EPFO establishment.

Employee count
197
Active EPFO establishments
1
Employee growth
1.55%

GST

Magna Electro Castings has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
33AABCM4711E1Z2Tamil NaduActive01 Jul 2017
33AABCM4711E1DBTamil NaduActive07 Nov 2024

To see the full GST registrations and return filing status of Magna Electro Castings Limited, buy the company report.

Recent activity

Magna Electro Castings Limited has 21 board changes on record since 1990: 15 appointments and 6 cessations. The latest: Rangaswamy Narayanan was appointed as Director on 19 Aug 2024.

Charges
A charge registered on 22 Mar 1999 via Charge ID 90008674 with Corporation Bank was fully satisfied on 24 Apr 2026.
Filing
Magna Electro Castings Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Coimbatore.
AGM
Magna Electro Castings Limited last Annual general meeting of members was held on 04 Sep 2025 as per latest MCA records.
Appointed
Rangaswamy Narayanan was appointed as Director.
Appointed
Sudarsan Varadaraj was appointed as Director.
Ceased
Jairam Varadaraj ceased to be Director.
Ceased
Karuppuswamy Gnanasekaran ceased to be Director.
Ceased
Nandini Rangaswamy ceased to be Director.
Appointed
Vidyaprakash Arjunprakash was appointed as Director.
Charges
A charge with Others of Rs. 35.25 Cr registered on 26 Mar 1996 with Charge ID 90008366 was modified on 21 May 2024.
Appointed
Ajeya Vel Narayanaswamy was appointed as Whole-Time Director.
Appointed
Vijayalakshmi Narendra was appointed as Director.

59 earlier events are in the company report.

Frequently asked questions

Magna Electro Castings is an active public limited company based in Pollachi, Tamil Nadu, India. The company works in die casting and metal forming, within the manufacturing industry. It was incorporated on 22 August 1990 (36+ years old) and is registered under CIN L31103TZ1990PLC002836. Listed on BSE: 517449.

Magna Electro Castings reported revenue of ₹196.44 Cr for FY 2025-26 (up 11.3% YoY) based on standalone financials.

Magna Electro Castings has 9 current directors:

The latest financial statements of Magna Electro Castings on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 04 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Magna Electro Castings is 33AABCM4711E1Z2, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AABCM4711E1DB (Tamil Nadu).

The CIN (Corporate Identification Number) of Magna Electro Castings is L31103TZ1990PLC002836. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Magna Electro Castings is a listed company as per MCA records. Its shares are listed on BSE (code: 517449).

Magna Electro Castings has 19 court cases on record: 16 filed by the company and 3 filed against it.

Magna Electro Castings was incorporated on 22 August 1990, making it 36+ years old. It is registered with the Registrar of Companies, Coimbatore.

Magna Electro Castings has 13 deals on record (13 market trades); the latest was in January 2026.

The peers of Magna Electro Castings by revenue are M.M.Castings Private Limited, Hi-Con Techno Cast Private Limited, Grace Castings Limited, Mahadev Ferro Cast Private Limited, Sanjivani Casting Private Limited and 3 more, all in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products).

Rangaswamy Narayanan was appointed as Director on 19 Aug 2024. Sudarsan Varadaraj was appointed as Director on 19 Aug 2024. Jairam Varadaraj ceased to be Director on 18 Aug 2024. Magna Electro Castings has 21 board changes on record in total.