Magnatech Smartgrid Solutions Private Limited
About Magnatech Smartgrid Solutions Private Limited
Data last updated:
Magnatech Smartgrid Solutions Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 23 May 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74900DL2015PTC280672. Its GSTIN is 07AAJCM7994F1ZW (Delhi). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹74.75 Lakh. It is led by directors Hartinder Singh Bhatia (Managing Director) and Shubham Thakur.
Its last annual general meeting (AGM) was held on 25 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 101A First Floor Plot No 6 T.C Jaina Tower – 11, District Center Janakpuri, New Delhi, Delhi, India – 110058.
As per the financials filed for FY 2021, the company reported a revenue of ₹65.19 Lakh, a decline of 26% compared to the previous year. For the same year it recorded a net loss of ₹11.78 Lakh (net margin -18.1%) and EBITDA of ₹4.3 Lakh (EBITDA margin 6.6%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years.
As per MCA filings, the company has satisfied charges of ₹2.93 Cr on record. Court records list 10 cases involving the company, including 9 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address101A First Floor Plot No 6 T.C Jaina Tower – 11, District Center Janakpuri, New Delhi, Delhi, India – 110058
- IndustryEnergy and Power, Power Equipment Manufacturers
- 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
- One PDF report, delivered after checkout
Business Activity of Magnatech Smartgrid Solutions Private Limited
The main business activity of Magnatech Smartgrid Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | 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 Magnatech Smartgrid Solutions Private Limited FY 2021 filings available
Magnatech Smartgrid Solutions Private Limited reported revenue of ₹65.19 Lakh (down 26% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Magnatech Smartgrid Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 22% over three years, including a 26% fall in the latest year. EBITDA rose 118% 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 Magnatech Smartgrid Solutions Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | ₹4.3 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹11.78 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 Magnatech Smartgrid Solutions Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -18.1% | •••• | •••• | •••• | •••• |
| 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 Magnatech Smartgrid Solutions are in the company report.
Financial statements from FY 2016
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 Magnatech Smartgrid Solutions Private Limited
Magnatech Smartgrid Solutions Private Limited is compared with the companies closest to it by revenue in the Power industry (Power Equipment 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 |
|---|---|---|---|---|---|---|
| Liderorg Gas Private Limited | ₹66.38 Lakh (FY 2024) | •••• | •••• | -21.0% | •••• | Greater Noida West, Uttar Pradesh, India |
| Winner Electricals (I) Private Limited | ₹66.16 Lakh (FY 2019) | •••• | •••• | 1513.0% | •••• | Howrah North, West Bengal, India |
| Docile Technology Private Limited | ₹66.08 Lakh (FY 2025) | •••• | •••• | 8.0% | •••• | Kolkata, West Bengal, India |
| Conclusive Semiconductors Private Limited | ₹65.61 Lakh (FY 2025) | •••• | •••• | 2641.0% | •••• | New Delhi, Delhi, India |
| Life Liner Private Limited | ₹65.57 Lakh (FY 2024) | •••• | •••• | •••• | Bhubaneswar, Odisha, India | |
| Magnatech Smartgrid Solutions Private Limited this company | ₹65.19 Lakh (FY 2021) | •••• | •••• | -26.0% | •••• | New Delhi, Delhi, India |
| Shivalik Electric Equipment Company Private Limited | ₹65.12 Lakh (FY 2025) | •••• | •••• | -34.0% | •••• | Chandigarh, India |
| Hindustan Transformers Private Limited | ₹65.03 Lakh (FY 2024) | •••• | •••• | 64.0% | •••• | Chandigarh, India |
| Prayaas Automation Private Limited | ₹65.01 Lakh (FY 2025) | •••• | •••• | 36.0% | •••• | Kolkata, West Bengal, India |
| Magiq Devices Private Limited | ₹64.79 Lakh (FY 2016) | •••• | •••• | 150.0% | •••• | Chennai, Tamil Nadu, India |
| Transtrac Electronics Private Limited | ₹64.59 Lakh (FY 2025) | •••• | •••• | -7.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Magnatech Smartgrid Solutions by revenue in the Power industry (Power Equipment 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 Magnatech Smartgrid Solutions Private Limited
Magnatech Smartgrid Solutions Private Limited is audited by S P S ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S P S ASSOCIATES | 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 Magnatech Smartgrid Solutions Private Limited
Magnatech Smartgrid Solutions has 2 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hartinder Singh Bhatia | Managing Director | 25 Oct 2015 | 10 Years 11 Months | Current |
| Shubham Thakur | Director | 01 Aug 2023 | 3 Years 2 Months | Current |
Ownership and Shareholding of Magnatech Smartgrid Solutions 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 Magnatech Smartgrid Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Oct 2016 | Others | ₹2.93 Cr | Satisfied |
Total charge records: 1 View all charges
Legal Cases of Magnatech Smartgrid Solutions Private Limited
Magnatech Smartgrid Solutions Private Limited has 10 court cases on record: 9 filed against it, 1 where it is another party. 1 case is pending and 9 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 9 | 1 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, West, Delhi | Criminal case | Filed against the company by Teamtech Electronics Limited | Disposed |
| District court, Central, Delhi | Civil suit | Filed against the company by Innovative Infonet Private Limited | Disposed |
| District court, West, Delhi | Cheque dishonour complaint | Filed against the company by an individual | Pending |
| District court, North West, Delhi | Execution petition | Filed against the company by an individual | Disposed |
| District court, South East, Delhi | Criminal case | Filed against the company by an individual | Disposed |
Full case history
All 10 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Magnatech Smartgrid Solutions Private Limited
Employment history and EPFO contributions of people linked to Magnatech Smartgrid Solutions.
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 Magnatech Smartgrid Solutions Private Limited
Magnatech Smartgrid Solutions Private Limited has 17 board changes on record since 2015: 2 appointments and 15 cessations. The latest: Shubham Thakur ceased to be Additional Director on 17 Sep 2023.
11 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Magnatech Smartgrid Solutions 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 Magnatech Smartgrid Solutions 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 Magnatech Smartgrid Solutions 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 Magnatech Smartgrid Solutions Private Limited
Magnatech Smartgrid Solutions has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAJCM7994F1ZW | Delhi | Active | 01 Jul 2017 |
| 27AAJCM7994F1ZU | Maharashtra | Active | 20 Mar 2019 |
| 09AAJCM7994F1ZS | Uttar Pradesh | Active | 24 Mar 2020 |
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 Magnatech Smartgrid Solutions 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 Magnatech Smartgrid Solutions Private Limited
Magnatech Smartgrid Solutions is an active private limited company based in New Delhi, Delhi, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 23 May 2015 (11+ years old) and is registered under CIN U74900DL2015PTC280672.
Magnatech Smartgrid Solutions reported revenue of ₹65.19 Lakh for FY 2021 (down 26% YoY).
Magnatech Smartgrid Solutions has 2 current directors:
- Hartinder Singh Bhatia - Managing Director
- Shubham Thakur - Director
Magnatech Smartgrid Solutions reported a net loss of ₹11.78 Lakh (net margin -18.1%) and EBITDA of ₹4.3 Lakh (EBITDA margin 6.6%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Magnatech Smartgrid Solutions is -22% over three years. In the latest year (FY 2021) revenue fell 26%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Magnatech Smartgrid Solutions is 07AAJCM7994F1ZW, registered in Delhi. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 27AAJCM7994F1ZU (Maharashtra), 09AAJCM7994F1ZS (Uttar Pradesh).
The CIN (Corporate Identification Number) of Magnatech Smartgrid Solutions is U74900DL2015PTC280672. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magnatech Smartgrid Solutions has 10 court cases on record: 9 filed against it. 1 is pending.
Magnatech Smartgrid Solutions was incorporated on 23 May 2015, making it 11+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Magnatech Smartgrid Solutions by revenue are Liderorg Gas Private Limited, Winner Electricals (I) Private Limited, Docile Technology Private Limited, Conclusive Semiconductors Private Limited, Life Liner Private Limited and 5 more, all in the Power industry (Power Equipment Manufacturers).
Shubham Thakur ceased to be Additional Director on 17 Sep 2023. Shubham Thakur was appointed as Director on 01 Aug 2023. Rajat Kanchal ceased to be Additional Director on 19 Sep 2022. Magnatech Smartgrid Solutions has 17 board changes on record in total.