Magna Electro Castings Limited - Company Profile

It is a manufacturing public limited company based in Pollachi, Tamil Nadu, India, established in 1990.
1990 Pollachi, Tamil Nadu, India Active
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About Magna Electro Castings Limited

Magna Electro Castings Limited, a active public limited company, was established on 22 August 1990 in Pollachi, Tamil Nadu, India. Engaging in die casting & metal forming within the manufacturing sector, it holds CIN: L31103TZ1990PLC002836. Registered under ROC Roc Coimbatore. it is listed on BSE: 517449. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹4.23 Cr.

Formerly known as Magna Electronics Limited. It upholds a compliant status. In 2024, it reported revenue of ₹145.29 Cr and a net worth of ₹108.38 Cr. Employing 197 professional, Its leadership includes Vijayalakshmi Narendra (Director), Manickam Malmarugan (Whole-Time Director), Rangaswamy Narayanan (Director). Past directors included Lakshminaicken Palayam Govindaswamy Ramamurthi, Vijayalakshmi Narendra, Manickam Malmarugan. It holds ₹41.25 Cr open charges and ₹71.84 Cr settled loans. Its latest AGM occurred on 04 September 2025, with the balance sheet filed on 31 March 2025. It is based at Sf No 34 & 35, Mullupadi Village,, Thamaraikulam Post, Kinathukkadavu Taluk,, Pollachi, Tamil Nadu, 642109.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    L31103TZ1990PLC002836

  • Registration Number

    002836

  • Incorporation Date

    22 August 1990

  • Authorized Capital

    ₹5.00 Cr

  • Paid-Up Capital

    ₹4.23 Cr

  • ROC Code

    Roc Coimbatore

  • Listing Status

    Listed (BSE: 517449)

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.23 Cr
  • Company Age 35 Year, 5 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 41.25 Cr
  • Satisfied Charges ₹ 71.84 Cr
  • Revenue Growth **** -13.48%
  • Profit Growth **** -11.76%
  • Ebitda **** -8.95%
  • Net Worth 14.86%
  • Total Assets **** 7.71%
Company report

Magna Electro Castings Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Magna Electro Castings Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Magna Electro Castings Limited?
Current Directors
Name Designation Appointment Date Status
Vijayalakshmi Narendra Director 30 May 2023 Current
Manickam Malmarugan Whole-Time Director 26 Aug 2022 Current
Rangaswamy Narayanan Director 19 Aug 2024 Current
Vidyaprakash Arjunprakash Director 16 Aug 2024 Current
Ajeya Vel Narayanaswamy Director 30 May 2023 Current
Krishna Samaraj Narayanaswamy Managing Director 22 Aug 1990 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 13 May 2008 Past
Pramod Abcsdd Additional Director 25 Aug 2023 Past
Pramod Abcsdd Additional Director 30 May 2022 Past
Pramod Abcsdd Additional Director 24 Sep 2024 Past
Pramod Abcsdd Director - Past
Pramod Abcsdd Additional Director 25 Aug 2023 Past

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Financial Performance of Magna Electro Castings.

Magna Electro Castings Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 13.48% decrease. The company also saw a substantial fall in profitability, with a 11.76% decrease in profit. The company's net worth Soared by an impressive increase of 14.86%.

Magna Electro Castings revenue growth over time
Magna Electro Castings profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -13.48%
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Revenue from Operations
*******
 -12.72%
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*******
Total Assets
*******
 7.71%
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Profit or Loss
*******
 -11.76%
*******
*******
*******
*******
Net Worth
*******
 14.86%
*******
*******
*******
*******
EBITDA
*******
 -8.95%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Magna Electro Castings?

In 2024, Magna Electro Castings had a promoter holding of 53.38% and a public holding of 46.61%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹412,500,000.00

Satisfied Charges

₹718,414,000.00

Charges Breakdown by Lending Institutions
  • Others : 35.25 Cr
  • Axis Bank Limited : 5.00 Cr
  • Corporation Bank : 1.00 Cr
Latest Charge Details
Date Lender Amount Status
06 Aug 2021 Axis Bank Limited ₹5.00 Cr Open
22 Mar 1999 Corporation Bank ₹1.00 Cr Open
26 Mar 1996 Others ₹35.25 Cr Open
19 Oct 2012 Indian Bank ₹3.20 Cr Satisfied
19 Oct 2012 Indian Bank ₹15.56 Cr Satisfied

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How Many Employees Work at Magna Electro Castings?

Magna Electro Castings has a workforce of 197 employees as of Oct 09, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magna Electro Castings, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Magna Electro Castings's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Magna Electro Castings
Recent Activity within the Organization
  • Annual General Meeting

    The activity Magna Electro Castings Limited last Annual general meeting of members was held on 04 Sep 2025 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Magna Electro Castings Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Coimbatore. was documented.

  • Director Appointment

    The activity Rangaswamy Narayanan was appointed as a Director was appointed as a Director on 19 Aug 2024 & has been associated with this company since 1 year 5 months . was completed.

  • Director Appointment

    Sudarsan Varadaraj was appointed as a Director was appointed as a Director on 19 Aug 2024 & has been associated with this company since 1 year 5 months . was recorded as a recent event.

  • Director Appointment

    The activity Vidyaprakash Arjunprakash was appointed as a Director was appointed as a Director on 16 Aug 2024 & has been associated with this company since 1 year 6 months . was completed.

  • Charges

    Progress on A charge with Others of Rs. 35.25 Cr registered on 26 Mar 1996 with Charge ID 90008366 was modified on 21 May 2024. was documented.

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Frequently Asked Questions
What is the CIN of Magna Electro Castings Limited?

The CIN of Magna Electro Castings Limited is L31103TZ1990PLC002836.

Where is Magna Electro Castings Limited headquartered?

Magna Electro Castings Limited is headquartered at Sf No 34 & 35, Mullupadi Village,, Thamaraikulam Post, Kinathukkadavu Taluk,, Pollachi, Tamil Nadu, 642109.

When was Magna Electro Castings Limited incorporated?

Magna Electro Castings Limited was incorporated on 22 August 1990.

Who are the current directors of Magna Electro Castings Limited?

The current directors of Magna Electro Castings Limited are

What is the primary industry of Magna Electro Castings Limited?

The primary industry of Magna Electro Castings Limited is Manufacturing.

Is Magna Electro Castings Limited a listed company?

Magna Electro Castings Limited is listed. It is listed on BSE: 517449.

What is the capital structure of Magna Electro Castings Limited?

The authorized capital of Magna Electro Castings Limited is ₹5.00 Cr, and the paid-up capital is ₹4.23 Cr.

What is the compliance status of Magna Electro Castings Limited?

The compliance status of Magna Electro Castings Limited is Compliant.

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