About Magna Graphics (India) Limited
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Magna Graphics (India) Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the book and digital publishing segment of the media and publishing sector. It was incorporated on 03 March 1948 and has been in existence for over 78 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17110MH1948PLC006203. Its GSTIN is 27AAACM9281A1ZL (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹84 Lakh. It is led by directors including Ashok Devoo Dhamankar and Mario Ronald Ferreira.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 101 C & D Govt Industrial Estate Kandivali (W), Mumbai, Maharashtra, India – 400067.
As per the financials filed for FY 2017, the company reported a revenue of ₹10.88 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net loss of ₹6.7 Cr (net margin -61.6%) and EBITDA of -₹4.53 Cr (EBITDA margin -41.7%). Revenue has declined at a compounded annual rate (CAGR) of 24% over three years.
As per MCA filings, the company has open charges of ₹50.35 Cr and satisfied charges of ₹53.18 Cr on record. Court records list 61 cases involving the company, including 34 filed by the company and 27 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website magnagraphicsindia.com.
Company details
CIN history
Magna Graphics (India) has one previous CIN (Corporate Identification Number): L17110MH1948PLC006203. The current CIN is U17110MH1948PLC006203, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17110MH1948PLC006203 | Current |
| L17110MH1948PLC006203 | Previous |
Contact details
Magna Graphics (India) Limited's registered office is in Mumbai, Maharashtra. Its website is magnagraphicsindia.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address101 C & D Govt Industrial Estate Kandivali (W), Mumbai, Maharashtra, India – 400067
- IndustryMedia and Publishing, Book & Digital Publishing
To see the full contact details of Magna Graphics (India) 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 Magna Graphics (India) is manufacturing. In detail, this covers printing, reproduction of recorded media.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C4 | Printing, reproduction of recorded media |
To see the full business activity and turnover split of Magna Graphics (India) Limited, buy the company report.
Financials of Magna Graphics (India) Limited
FY 2017 filings availableMagna Graphics (India) Limited reported revenue of ₹10.88 Cr (up 20% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 20% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 24%. EBITDA fell 142% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last 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 | ₹10.88 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹4.53 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹6.7 Cr | ||
| 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 | -41.7% | ||
| Net Profit Margin | -61.6% | ||
| 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 Graphics (India) Limited, buy the company report.
Board of directors of Magna Graphics (India) Limited
Magna Graphics (India) has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Devoo Dhamankar Also directs: Magna Publishing Company Limited | Director | 30 Nov 2016 | 9 Years 10 Months | Current |
| Mario Ronald Ferreira Also directs: Perfect Print Products Private Limited | Director | 23 Feb 2010 | 16 Years 8 Months | Current |
| Nari Motiram Hira Also directs: Creative Unit Private Limited | Director | 15 Apr 1986 | 40 Years 6 Months | Current |
Auditor
Magna Graphics (India) Limited is audited by S M KAPOOR & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S M KAPOOR & CO | FY 2017 | 104809W |
Shareholding
The shareholding of Magna Graphics (India) 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 Magna Graphics (India) Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 May 2014 | 10506276 | Nkgsb Co-Operative Bank Limited | ₹16 Cr | Open | |
| 23 Jul 2013 | 10441233 | Others | ₹17 Cr | Open | |
| 02 Mar 2013 | 10412739 | Nkgsb Co-Operative Bank Ltd. | ₹2 Cr | Open | |
| 02 Mar 2013 | 10412741 | Others | ₹6 Cr | Open | |
| 02 Mar 2013 | 10412743 | Others | ₹7.5 Cr | Open |
To see the full charge records of Magna Graphics (India) Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Magna Graphics (India) Limited has 61 court cases on record: 34 filed by Magna Graphics (India), 27 filed against it. 1 case is pending and 60 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 54 | 27 | 1 |
| High courts | 6 | 0 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 61)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Channel Freights Services India Pvt Ltd., | Pending |
| District court, New Delhi, Delhi | Civil suit | Filed by the company against Maurya Publications P.Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed by the company against Jam Venture Publishing Pvt Ltd and 1 other | Disposed |
| Bombay High Court | Company petition | Filed by the company against Brand Vision (India) Pvt. Ltd. | Disposed |
| Bombay High Court | Court case (SS) | Filed by the company against Bank of Maharashtra | Disposed |
To see the full case history of Magna Graphics (India) 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Magna Graphics (India) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Magna Graphics (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM9281A1ZL | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Magna Graphics (India) Limited, buy the company report.
Recent activity
Magna Graphics (India) Limited has 10 board changes on record since 1986: 3 appointments and 7 cessations. The latest: Ashok Devoo Dhamankar ceased to be Additional Director on 30 Sep 2017.
26 earlier events are in the company report.
Frequently asked questions
Magna Graphics (India) is an active public limited company based in Mumbai, Maharashtra, India. The company works in book and digital publishing, within the media and publishing industry. It was incorporated on 03 March 1948 (78+ years old) and is registered under CIN U17110MH1948PLC006203.
Magna Graphics (India) has 3 current directors:
- Ashok Devoo Dhamankar - Director
- Mario Ronald Ferreira - Director
- Nari Motiram Hira - Director
The latest financial statements of Magna Graphics (India) on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
The GSTIN of Magna Graphics (India) is 27AAACM9281A1ZL, registered in Maharashtra.
The CIN (Corporate Identification Number) of Magna Graphics (India) is U17110MH1948PLC006203. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magna Graphics (India) has 61 court cases on record: 34 filed by the company and 27 filed against it. 1 is pending. Most are in the district courts.
Magna Graphics (India) was incorporated on 03 March 1948, making it 78+ years old. It is registered with the Registrar of Companies, Mumbai.
Ashok Devoo Dhamankar ceased to be Additional Director on 30 Sep 2017. Ashok Devoo Dhamankar was appointed as Director on 30 Nov 2016. Proneeta Vikram Hira ceased to be Director on 30 Nov 2016. Magna Graphics (India) has 10 board changes on record in total.
Magna Graphics (India) can be reached through the website magnagraphicsindia.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Magna Graphics (India) is at 101 C & D Govt Industrial Estate Kandivali W, Mumbai, Maharashtra, India – 400067.