About Magnetic Infotech Private Limited
Data last updated:
Magnetic Infotech Private Limited is a private limited company based in Secunderabad, Telangana, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 24 March 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2000PTC034014. Its GSTIN is 36AACCM2333F1ZV (Telangana). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.1 Cr. It is led by directors Vijaya Narasimha Rao (Managing Director) and Praduymna Pravin Chitineni.
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 Plot No.8 Krishna Nagar Wellington Road Kakaguda Village, Secunderabad, Telangana, India – 500015.
As per the financials filed for FY 2024, the company reported a revenue of ₹40.05 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹11.23 Cr (net margin 28%) and EBITDA of ₹15.94 Cr (EBITDA margin 39.8%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years and 7% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Magnetic Infotech. As per MCA filings, the company has open charges of ₹10.67 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website magneticinfotech.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No.8 Krishna Nagar Wellington Road Kakaguda Village, Secunderabad, Telangana, India – 500015
- IndustryInformation Technology, IT Consulting & Support Services, Database Management & Solutions
- 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 Magnetic Infotech Private Limited
The main business activity of Magnetic Infotech is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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 Magnetic Infotech Private Limited FY 2025 filings available
Magnetic Infotech Private Limited reported revenue of ₹40.05 Cr (up 29% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Magnetic Infotech Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 29% growth in the latest year. EBITDA rose 63% 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 Magnetic Infotech Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹15.94 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹11.23 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 of Magnetic Infotech Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 39.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 28% | •••• | •••• | •••• | •••• |
| 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 Magnetic Infotech are in the company report.
Financial statements from 2015
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 Magnetic Infotech Private Limited
Magnetic Infotech Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Database Management, IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 3R Infotech Private Limited | ₹40.49 Cr (FY 2024) | •••• | •••• | 17.0% | •••• | Delhi, India |
| Shree NRT Consultancy Services Private Limited | ₹40.35 Cr (FY 2025) | •••• | •••• | 45.0% | •••• | Ranchi, Jharkhand, India |
| Achala IT Solutions Private Limited | ₹40.15 Cr (FY 2024) | •••• | •••• | 27.0% | •••• | Hyderabad, Telangana, India |
| Communication Media Products (India) Private Limited | ₹40.11 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | New Delhi, Delhi, India |
| M2e Comcare Private Limited | ₹40.07 Cr (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Magnetic Infotech Private Limited this company | ₹40.05 Cr (FY 2024) | •••• | •••• | 29.0% | •••• | Secunderabad, Telangana, India |
| Sun Plus Software Technologies Private Limited | ₹39.99 Cr (FY 2023) | •••• | •••• | 2.0% | •••• | Bangalore, Karnataka, India |
| Lanshree Products and Services Limited | ₹39.98 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Kolkata, West Bengal, India |
| Panacea Infosec Private Limited | ₹39.98 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Dawarka, Delhi, India |
| Iprogrammer Solutions Private Limited | ₹39.96 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Pune, Maharashtra, India |
| Feuji Software Solutions Private Limited | ₹39.94 Cr (FY 2024) | •••• | •••• | 35.0% | •••• | Shaikpet, Telangana, India |
Peers are the five companies nearest above and the five nearest below Magnetic Infotech by revenue in the Information Technology industry (Database Management, IT Consulting and Services), 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 Magnetic Infotech Private Limited
Magnetic Infotech Private Limited is audited by K.K. CHOWDARY ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K.K. CHOWDARY 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 Magnetic Infotech Private Limited
Magnetic Infotech has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Praduymna Pravin Chitineni Also directs: Shreeja Holdings Marine Services LLP | Director | 05 Aug 2005 | 21 Years 2 Months | Current |
| Vijaya Narasimha Rao | Managing Director | 16 Mar 2001 | 25 Years 6 Months | Current |
Ownership and Shareholding of Magnetic Infotech 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 Magnetic Infotech Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Nov 2002 | Andhra Bank | ₹10.67 Lakh | Open |
Total charge records: 1 View all charges
Legal Cases of Magnetic Infotech Private Limited
Magnetic Infotech Private Limited has 1 court case on record: 1 filed by Magnetic Infotech. All case is disposed. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Writ petition | Filed by the company against State of Telangana | Disposed |
Full case history
All 1 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.
Associated Brands with Magnetic Infotech Private Limited
Magnetic Infotech operates one associated brand: Magnetic Infotech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers software for examination digitization, recruitment, and end-to-end management services. | magneticinfotech.com |
Employees and EPFO Compliance at Magnetic Infotech Private Limited
Magnetic Infotech Private Limited has a workforce of 18 employees as of Apr 04, 2024.
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.
CIN History of Magnetic Infotech Private Limited
Magnetic Infotech has one previous CIN (Corporate Identification Number): U72200AP2000PTC034014. The current CIN is U72200TG2000PTC034014, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2000PTC034014 | Current |
| U72200AP2000PTC034014 | Previous |
Recent Activity on Magnetic Infotech Private Limited
Magnetic Infotech Private Limited has 3 board changes on record since 2001: 2 appointments and 1 cessation. The latest: Prabhaker Rao Miryala ceased to be Director on 31 Mar 2019.
Credit Ratings, Litigation & Regulatory Alerts for Magnetic Infotech 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 Magnetic Infotech 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 Magnetic Infotech 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 Magnetic Infotech Private Limited
Magnetic Infotech has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AACCM2333F1ZV | Telangana | Active | 01 Jul 2017 |
| 37AACCM2333F2ZS | Andhra Pradesh | Active | 02 Dec 2019 |
| 27AACCM2333F1ZU | Maharashtra | Active | 01 Jul 2021 |
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 Magnetic Infotech 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 Magnetic Infotech Private Limited
Magnetic Infotech is an active private limited company based in Secunderabad, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 24 March 2000 (26+ years old) and is registered under CIN U72200TG2000PTC034014.
Magnetic Infotech reported revenue of ₹40.05 Cr for FY 2024 (up 29% YoY).
Magnetic Infotech has 2 current directors:
- Vijaya Narasimha Rao - Managing Director
- Praduymna Pravin Chitineni - Director
Magnetic Infotech reported a net profit of ₹11.23 Cr (net margin 28%) and EBITDA of ₹15.94 Cr (EBITDA margin 39.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Magnetic Infotech is 34% over three years and 7% over five years. In the latest year (FY 2024) revenue rose 29%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Magnetic Infotech is 36AACCM2333F1ZV, registered in Telangana. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 37AACCM2333F2ZS (Andhra Pradesh), 27AACCM2333F1ZU (Maharashtra).
The CIN (Corporate Identification Number) of Magnetic Infotech is U72200TG2000PTC034014. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magnetic Infotech has 1 court case on record: 1 filed by the company.
Magnetic Infotech was incorporated on 24 March 2000, making it 26+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Magnetic Infotech by revenue are 3R Infotech Private Limited, Shree NRT Consultancy Services Private Limited, Achala IT Solutions Private Limited, Communication Media Products (India) Private Limited, M2e Comcare Private Limited and 5 more, all in the Information Technology industry (Database Management, IT Consulting and Services).
Prabhaker Rao Miryala ceased to be Director on 31 Mar 2019. Praduymna Pravin Chitineni was appointed as Director on 05 Aug 2005. Vijaya Narasimha Rao was appointed as Managing Director on 16 Mar 2001.