MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-02-0075851
Magnetic Faac India Private Limited - machinery and equipment in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹75.22 Cr
▲ 52% YoY
Net profit · FY 2023
₹5.47 Cr
Net margin 7.3%
EBITDA · FY 2023
₹10.87 Cr
EBITDA margin 14.4%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹90 Lakh
Issued & subscribed
Satisfied charges
₹3 Cr
No open charges
Company age
26 yrs
Est. 2000
Employees · EPFO
51
Provident fund records
About Magnetic Faac India Private Limited
Data last updated:
Magnetic Faac India Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Magnetic Automation Pty,Ltd. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 30 March 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U35204TN2000PTC044609. Its GSTIN is 33AACCM2498M2Z3 (Tamil Nadu). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹90 Lakh. It was formerly known as Magnetic Auto Control Private Limited. It is led by directors including Rajeev Mecheri and Venkatesh Rajamani.
Its last annual general meeting (AGM) was held on 11 June 2025, and its latest financial statements are for the year ended 31 December 2024. The registered office is at No. 49 4th Floor Eldams Road Teynampet, Chennai, Tamil Nadu, India – 600018.
As per the financials filed for FY 2023, the company reported a revenue of ₹75.22 Cr, a growth of 52% compared to the previous year. For the same year it recorded a net profit of ₹5.47 Cr (net margin 7.3%) and EBITDA of ₹10.87 Cr (EBITDA margin 14.4%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 23% over five years.
The company has about 51 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹3 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it.
Magnetic Faac India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0075851). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website magnetic-access.com.
Company details
CIN U35204TN2000PTC044609
Registration Number 044609
Incorporation Date 30 March 2000
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 11 June 2025
Date of Balance Sheet 31 December 2024
Parent Company Magnetic Automation Pty,Ltd
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-02-0075851
Recognitions & Rankings of Magnetic Faac India
Contact details
Magnetic Faac India Private Limited's registered office is in Chennai, Tamil Nadu. Its website is magnetic-access.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 49 4th Floor Eldams Road Teynampet, Chennai, Tamil Nadu, India – 600018
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Magnetic Faac India Private Limited, buy the company report.
Comprehensive company report
Magnetic Faac India Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Financials of Magnetic Faac India Private Limited
FY 2024 filings availableMagnetic Faac India Private Limited reported revenue of ₹75.22 Cr (up 52% YoY) for FY 2023.
Revenue · FY 2023
₹75.22 Cr ▲ 52%
Net profit · FY 2023
₹5.47 Cr margin 7.3%
EBITDA · FY 2023
₹10.87 Cr margin 14.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 52%
3 years · compounded
▲ 32%
5 years · compounded
▲ 23%
EBITDA CAGR growth
1 year
▲ 233%
5 years · compounded
▲ 21%
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 52% growth in the latest year. EBITDA rose 233% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹75.22 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹10.87 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.47 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.4% | ||||
| Net Profit Margin | 7.3% | ||||
| 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 Magnetic Faac India Private Limited, buy the company report.
Board of directors of Magnetic Faac India Private Limited
Magnetic Faac India has 6 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajeev Mecheri Also directs: Yuganta Advisory Services LLP, Quantum Confectionary Private Limited, BNT Force Bio-Degradable Polymers Private Limited and 5 more | Director | 16 Nov 2011 | 14 Years 11 Months | Current |
| Venkatesh Rajamani Also directs: Gallagher Security Private Limited, Ardelisys Technologies Private Limited, Neaarchi Consulting LLP and 4 more | Director | 23 Mar 2015 | 11 Years 6 Months | Current |
| Anand Mecheri | Director | 28 Jun 2016 | 10 Years 3 Months | Current |
| Robert Canty John | Director | 23 Dec 2021 | 4 Years 9 Months | Current |
| Fabio Tomi | Director | 23 Dec 2021 | 4 Years 9 Months | Current |
| Giovanni Abramo D | Director | 29 Mar 2023 | 3 Years 6 Months | Current |
Peer comparison
Magnetic Faac India Private Limited is compared with the 6 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (computer, electronic, communication and scientific measuring & control equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Magnetic Faac India Private Limitedthis company | ₹75.22 Cr (FY 2023) | ₹5.47 Cr | 7.3% | 52.0% | 51 | Chennai, Tamil Nadu, India |
| Autodata Technologies Private Limited | ₹47.44 Cr (FY 2025) | -5.0% | Navi Mumbai, Maharashtra, India | |||
| Bhathwari Technologies Private Limited | ₹47.38 Cr (FY 2025) | -75.0% | Sachin, Gujarat, India | |||
| Sokhi Heli-Wom Gears Private Limited | ₹47.31 Cr (FY 2024) | 18.0% | New Delhi, Delhi, India | |||
| S.V.A. Rikkon Lubes Private Limited | ₹47.25 Cr (FY 2025) | 14.0% | Vembakkam, Tamil Nadu, India | |||
| Bestek Engineering Private Limited | ₹47.16 Cr (FY 2025) | 3.0% | Delhi, India | |||
| Refcom (India) Pvt Ltd | ₹47.04 Cr (FY 2024) | -4.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Magnetic Faac India Private Limited, buy the company report.
Auditor
Magnetic Faac India Private Limited is audited by PRICE WATERHOUSE CHARTERED ACCOUNTANTS LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRICE WATERHOUSE CHARTERED ACCOUNTANTS LLP | FY 2023 | 012754N/N500016 |
Shareholding
The shareholding of Magnetic Faac India Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Magnetic Faac India Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹3 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Sep 2012 | 10384500 | Citibank N.A | ₹3 Cr | Satisfied |
To see the full charge records of Magnetic Faac India Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Magnetic Faac India Private Limited has 4 court cases on record: 3 filed by Magnetic Faac India, 1 filed against it. All cases are disposed.
Total cases
4
Filed by the company
3
Filed against the company
1
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Puducherry | Criminal miscellaneous application | Filed by the company | Disposed |
| District court, Puducherry | Criminal miscellaneous application | Filed by the company against Neo Magic Integrated Systems Private LMT., Rep by Its Directors and Two Others | Disposed |
| District court, Puducherry | Petition | Filed against the company by an individual | Disposed |
| District court, Puducherry | Criminal case | Filed by the company against Neo Magic Intergrated System Pvt. Ltd., 2 Others | Disposed |
To see the full case history of Magnetic Faac India Private 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
Magnetic Faac India Private Limited has 12 MSME Form 1 returns on record between 2018 and 2023, listing 300 overdue payments to 71 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 71)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| M.S.Industries | |||
| an individual supplier | |||
| Advantedge Technologies Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Magnetic Faac India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Magnetic Faac India Private Limited has a workforce of 51 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
51
Active EPFO establishments
1
Employee growth
6.25%
GST
Magnetic Faac India has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCM2498M2Z3 | Tamil Nadu | Active | 05 Aug 2017 |
| 34AACCM2498M1Z2 | Puducherry | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Magnetic Faac India Private Limited, buy the company report.
Recent activity
Magnetic Faac India Private Limited has 26 board changes on record since 2001: 16 appointments and 10 cessations. The latest: Ezechiele Galloni ceased to be Director on 31 Jul 2024.
AGM
Magnetic Faac India Private Limited last Annual general meeting of members was held on 11 Jun 2025 as per latest MCA records.
Filing
Magnetic Faac India Private Limited has filed its annual Financial statements for the year ended 31 Dec 2024 with Roc Chennai.
Ceased
Ezechiele Galloni ceased to be Director.
Appointed
Giovanni Abramo D was appointed as Director.
Ceased
Andrea Marcellan ceased to be Director.
Ceased
Arno Josef Steiner ceased to be Director.
Appointed
Fabio Tomi was appointed as Director.
Appointed
Robert Canty John was appointed as Director.
Charges
A charge registered on 26 Sep 2012 via Charge ID 10384500 with Citibank N.A was fully satisfied on 09 Sep 2020.
Appointed
Ezechiele Galloni was appointed as Director.
Appointed
Anand Mecheri was appointed as Director.
Ceased
Chandrasekar Govindarajan ceased to be Whole-Time Director.
19 earlier events are in the company report.
Frequently asked questions
Magnetic Faac India is an active private limited company based in Chennai, Tamil Nadu, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 30 March 2000 (26+ years old) and is registered under CIN U35204TN2000PTC044609.
Magnetic Faac India has 6 current directors:
- Rajeev Mecheri - Director
- Venkatesh Rajamani - Director
- Anand Mecheri - Director
- Robert Canty John - Director
- Fabio Tomi - Director
- Giovanni Abramo D - Director
The latest financial statements of Magnetic Faac India on record with the MCA are for the year ended 31 December 2024. Its last annual general meeting was held on 11 June 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Magnetic Faac India is 33AACCM2498M2Z3, registered in Tamil Nadu. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 34AACCM2498M1Z2 (Puducherry).
The CIN (Corporate Identification Number) of Magnetic Faac India is U35204TN2000PTC044609. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magnetic Faac India has 4 court cases on record: 3 filed by the company and 1 filed against it.
Magnetic Faac India was incorporated on 30 March 2000, making it 26+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Magnetic Faac India by revenue are Autodata Technologies Private Limited, Bhathwari Technologies Private Limited, Sokhi Heli-Wom Gears Private Limited, S.V.A. Rikkon Lubes Private Limited, Bestek Engineering Private Limited and 1 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (computer, electronic, communication and scientific measuring & control equipment).
Ezechiele Galloni ceased to be Director on 31 Jul 2024. Giovanni Abramo D was appointed as Director on 29 Mar 2023. Andrea Marcellan ceased to be Director on 01 Mar 2023. Magnetic Faac India has 26 board changes on record in total.
Yes, Magnetic Faac India is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0075851).
Magnetic Faac India has 12 MSME Form 1 returns on record between 2018 and 2023, listing 300 overdue payments to 71 micro and small suppliers. The latest return was filed on 11 Dec 2023.
Magnetic Faac India can be reached through the website magnetic-access.com. Its registered office is in Chennai, Tamil Nadu, India.