Magnas Paints Private Limited
About Magnas Paints Private Limited
Data last updated:
Magnas Paints Private Limited is a private limited company based in Guntur, Andhra Pradesh, India. It operates in the manufacturing segment of the chemicals sector. It was incorporated on 08 August 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U24290AP2019PTC112633. Its GSTIN is 37AAMCM8666R1Z6 (Andhra Pradesh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Srinivasarao Davuluri and Bhavanarayana Krothapalli.
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 26 – 8 – 12 3rd Line Kannavari Thota, Guntur, Andhra Pradesh, India – 522004.
As per the financials filed for FY 2022, the company reported a revenue of ₹32.67 Lakh. For the same year it recorded a net loss of ₹10.35 Lakh (net margin -31.7%) and EBITDA of -₹9.35 Lakh (EBITDA margin -28.6%).
As per MCA filings, the company has open charges of ₹5.4 Lakh on record.
Company details
Contact details
Magnas Paints Private Limited's registered office is in Guntur, Andhra Pradesh. Its e-mail address is in the company report.
- Email
- Registered Address26 – 8 – 12 3rd Line Kannavari Thota, Guntur, Andhra Pradesh, India – 522004
- IndustryChemicals, Manufacturing, Other Chemical Product
To see the full contact details of Magnas Paints Private 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
Financials of Magnas Paints Private Limited
FY 2025 filings availableMagnas Paints Private Limited reported revenue of ₹32.67 Lakh for FY 2022.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹32.67 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹9.35 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹10.35 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -28.6% | ||
| Net Profit Margin | -31.7% | ||
| 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 Magnas Paints Private Limited, buy the company report.
Board of directors of Magnas Paints Private Limited
Magnas Paints has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinivasarao Davuluri | Director | 08 Aug 2019 | 7 Years 2 Months | Current |
| Bhavanarayana Krothapalli | Director | 08 Aug 2019 | 7 Years 2 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jun 2022 | 100595688 | Others | ₹5.4 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Magnas Paints Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Magnas Paints Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Magnas Paints has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAMCM8666R1Z6 | Andhra Pradesh | Active | 23 Aug 2019 |
To see the full GST registrations and return filing status of Magnas Paints Private Limited, buy the company report.
Recent activity
Magnas Paints Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Bhavanarayana Krothapalli was appointed as Director on 08 Aug 2019.
Frequently asked questions
Magnas Paints is an active private limited company based in Guntur, Andhra Pradesh, India. The company works in manufacturing, within the chemicals industry. It was incorporated on 08 August 2019 (7+ years old) and is registered under CIN U24290AP2019PTC112633.
Magnas Paints has 2 current directors:
- Srinivasarao Davuluri - Director
- Bhavanarayana Krothapalli - Director
The latest financial statements of Magnas Paints on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Magnas Paints is 37AAMCM8666R1Z6, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Magnas Paints is U24290AP2019PTC112633. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magnas Paints was incorporated on 08 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Vijayawada.
Bhavanarayana Krothapalli was appointed as Director on 08 Aug 2019. Srinivasarao Davuluri was appointed as Director on 08 Aug 2019.
The registered office of Magnas Paints is at 26 – 8 – 12 3rd Line Kannavari Thota, Guntur, Andhra Pradesh, India – 522004.
Magnas Paints operates in the chemicals industry, in the manufacturing segment.
Magnas Paints has open charges of ₹5.4 Lakh and no satisfied charges on record as per latest MCA filings.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
