About Magnafield Electronics & Engineering Private Limited
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Magnafield Electronics & Engineering Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 13 April 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74990MH2016PTC279960. Its GSTIN is 27AAKCM2801L1ZC (Maharashtra).
The company has an authorised share capital of ₹4 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Parag Sarang Damudre and Sarang Balkrishna Damudre.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 436 4th Floor Raheja Tesla Industrial Park, Thane, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.12 Cr, a growth of 39% compared to the previous year. For the same year it recorded a net profit of ₹8.59 Lakh (net margin 2.8%) and EBITDA of ₹20.79 Lakh (EBITDA margin 6.7%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 15% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ndtmastersindia.com.
- EmailLocked
- TelephoneLocked
- Website
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- Registered AddressUnit No. 436 4th Floor Raheja Tesla Industrial Park, MIDC Industrial Area Juinagar Navi Mumbai, Thane, Maharashtra, India – 400705
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
- 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
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Business Activity of Magnafield Electronics & Engineering Private Limited
The main business activity of Magnafield Electronics & Engineering is professional, scientific and technical activities. In detail, this covers architectural and engineering activities; technical testing and analysis.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 71 | Architectural and engineering activities; technical testing and analysis | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Magnafield Electronics & Engineering Private Limited FY 2025 filings available
Magnafield Electronics & Engineering Private Limited reported revenue of ₹3.12 Cr (up 39% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Magnafield Electronics & Engineering Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 39% growth in the latest year. EBITDA rose 95% 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 of Magnafield Electronics & Engineering Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹20.79 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8.59 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 of Magnafield Electronics & Engineering Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Magnafield Electronics & Engineering are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Magnafield Electronics & Engineering Private Limited
Magnafield Electronics & Engineering Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Galfan Engineers Private Limited | ₹3.13 Cr (FY 2024) | •••• | •••• | -40.0% | •••• | Madhavaram Madras, Tamil Nadu, India |
| Shree Plast Engineering Private Limited | ₹3.13 Cr (FY 2025) | •••• | •••• | -24.0% | •••• | Ahmedabad, Gujarat, India |
| Tanriya Amusement Rides Private Limited | ₹3.13 Cr (FY 2024) | •••• | •••• | 31.0% | •••• | Chennai, Tamil Nadu, India |
| Malik Needles and Allied Industries Private Limited | ₹3.12 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Uttar Pradesh, India |
| Essence Packaging Private Limited | ₹3.12 Cr (FY 2025) | •••• | •••• | 139.0% | •••• | Vapi, Gujarat, India |
| Magnafield Electronics & Engineering Private Limited this company | ₹3.12 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | Thane, Maharashtra, India |
| Corrocomp Engineering Private Limited | ₹3.12 Cr (FY 2023) | •••• | •••• | 48607.0% | •••• | Pune, Maharashtra, India |
| Milan Hardware Industries Private Limited | ₹3.11 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Rajkot, Gujarat, India |
| Uniquespark Engineering India Private Limited | ₹3.11 Cr (FY 2025) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Zed Plus Blowers System Private Limited | ₹3.11 Cr (FY 2025) | •••• | •••• | 75.0% | •••• | Bahadurgarh, Haryana, India |
| Kant Cylinders Unit II Private Limited | ₹3.11 Cr (FY 2024) | •••• | •••• | 8304.0% | •••• | Sikarndrabad, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Magnafield Electronics & Engineering by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Magnafield Electronics & Engineering Private Limited
Magnafield Electronics & Engineering Private Limited is audited by Arun Borad & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Arun Borad & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Magnafield Electronics & Engineering Private Limited
Magnafield Electronics & Engineering has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parag Sarang Damudre | Director | 13 Apr 2016 | 10 Years 6 Months | Current |
| Sarang Balkrishna Damudre | Director | 13 Apr 2016 | 10 Years 6 Months | Current |
Ownership and Shareholding of Magnafield Electronics & Engineering Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Magnafield Electronics & Engineering Private Limited
Magnafield Electronics & Engineering Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Magnafield Electronics & Engineering Private Limited
Employment history and EPFO contributions of people linked to Magnafield Electronics & Engineering.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Magnafield Electronics & Engineering Private Limited
Magnafield Electronics & Engineering Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Parag Sarang Damudre was appointed as Director on 13 Apr 2016.
Credit Ratings, Litigation & Regulatory Alerts for Magnafield Electronics & Engineering Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Magnafield Electronics & Engineering Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Magnafield Electronics & Engineering Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Magnafield Electronics & Engineering Private Limited
Magnafield Electronics & Engineering has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCM2801L1ZC | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Magnafield Electronics & Engineering Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Magnafield Electronics & Engineering Private Limited
Magnafield Electronics & Engineering is an active private limited company based in Thane, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 13 April 2016 (10+ years old) and is registered under CIN U74990MH2016PTC279960.
Magnafield Electronics & Engineering reported revenue of ₹3.12 Cr for FY 2025 (up 39% YoY).
Magnafield Electronics & Engineering has 2 current directors:
- Parag Sarang Damudre - Director
- Sarang Balkrishna Damudre - Director
Magnafield Electronics & Engineering reported a net profit of ₹8.59 Lakh (net margin 2.8%) and EBITDA of ₹20.79 Lakh (EBITDA margin 6.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Magnafield Electronics & Engineering is 12% over three years and 15% over five years. In the latest year (FY 2025) revenue rose 39%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Magnafield Electronics & Engineering is 27AAKCM2801L1ZC, registered in Maharashtra.
The CIN (Corporate Identification Number) of Magnafield Electronics & Engineering is U74990MH2016PTC279960. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magnafield Electronics & Engineering was incorporated on 13 April 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Magnafield Electronics & Engineering by revenue are Galfan Engineers Private Limited, Shree Plast Engineering Private Limited, Tanriya Amusement Rides Private Limited, Malik Needles and Allied Industries Private Limited, Essence Packaging Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).
Parag Sarang Damudre was appointed as Director on 13 Apr 2016. Sarang Balkrishna Damudre was appointed as Director on 13 Apr 2016.
Magnafield Electronics & Engineering can be reached through the website ndtmastersindia.com. Its registered office is in Thane, Maharashtra, India.