MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-33-0216496
Magnico Enterprises Private Limited
Magnico Enterprises Private Limited - trading in Thane, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.59 Cr
▲ 48% YoY
Net profit · FY 2025
₹7.24 Lakh
Net margin 2.8%
EBITDA · FY 2025
₹11.64 Lakh
EBITDA margin 4.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹15 Lakh
Secured borrowings
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
About Magnico Enterprises Private Limited
Data last updated:
Magnico Enterprises Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the specialised services segment of the trading and commerce sector. It was incorporated on 23 June 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2021PTC362559. Its GSTIN is 27AAOCM7025L1ZY (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ashwini Amol Hardas and Amol Mohan Hardas.
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 Unit No 305 3rd Floor Ganatra Industrial Estate, Plot No 114 A – 1 /2 Pan Khopat Thane West, Maharashtra, India – 400601.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.59 Cr, a growth of 48% compared to the previous year. For the same year it recorded a net profit of ₹7.24 Lakh (net margin 2.8%) and EBITDA of ₹11.64 Lakh (EBITDA margin 4.5%). Revenue has grown at a compounded annual rate (CAGR) of 164% over three years.
As per MCA filings, the company has open charges of ₹15 Lakh on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Magnico Enterprises Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0216496).
Company details
CIN U51909MH2021PTC362559
Registration Number 362559
Incorporation Date 23 June 2021
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0216496
Recognitions & Rankings of Magnico Enterprises
Contact details
Magnico Enterprises Private Limited's registered office is in Thane, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressUnit No 305 3rd Floor Ganatra Industrial Estate, Plot No 114 A – 1 /2 Pan Khopat Thane West, Maharashtra, India – 400601
- IndustryTrading, Specialty, Wholesale
To see the full contact details of Magnico Enterprises Private Limited, buy the company report.
Comprehensive company report
Magnico Enterprises 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
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Business activity
The main business activity of Magnico Enterprises is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Magnico Enterprises Private Limited, buy the company report.
Financials of Magnico Enterprises Private Limited
FY 2025 filings availableMagnico Enterprises Private Limited reported revenue of ₹2.59 Cr (up 48% YoY) for FY 2025.
Revenue · FY 2025
₹2.59 Cr ▲ 48%
Net profit · FY 2025
₹7.24 Lakh margin 2.8%
EBITDA · FY 2025
₹11.64 Lakh margin 4.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 48%
3 years · compounded
▲ 164%
EBITDA CAGR growth
1 year
▲ 77%
3 years · compounded
▲ 200%
Revenue has grown at a compounded annual rate (CAGR) of 164% over three years, including 48% growth in the latest year. EBITDA rose 77% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| 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 | ₹11.64 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹7.24 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 4.5% | |||
| 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 | ||||
To see the full financial statements and ratios of Magnico Enterprises Private Limited, buy the company report.
Board of directors of Magnico Enterprises Private Limited
Magnico Enterprises has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashwini Amol Hardas Also directs: Chemixa Private Limited | Director | 31 May 2022 | 4 Years 5 Months | Current |
| Amol Mohan Hardas Also directs: Chemixa Private Limited | Director | 23 Jun 2021 | 5 Years 4 Months | Current |
Peer comparison
Magnico Enterprises Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sri Maanasa Enterprises Private Limited | ₹2.59 Cr (FY 2021) | -60.0% | Kakinada, Andhra Pradesh, India | |||
| Marksmen Automobiles Private Limited | ₹2.59 Cr (FY 2025) | 54.0% | Bhopal, Madhya Pradesh, India | |||
| Marisha Fashion Jewellery Private Limited | ₹2.59 Cr (FY 2025) | -23.0% | Singur, West Bengal, India | |||
| Maharashtra Agrovet Private Limited | ₹2.59 Cr (FY 2018) | 3166.0% | Ahmednagar, Maharashtra, India | |||
| Telesuper Electronics (India) Private Limited | ₹2.59 Cr (FY 2024) | 47.0% | Delhi, India | |||
| Magnico Enterprises Private Limitedthis company | ₹2.59 Cr (FY 2025) | ₹7.24 Lakh | 2.8% | 48.0% | Thane, Maharashtra, India | |
| Urbanbed Comfort Products Private Limited | ₹2.59 Cr (FY 2024) | 8.0% | Gurgaon, Haryana, India | |||
| Matiz Metals Private Limited | ₹2.59 Cr (FY 2022) | 15310.0% | Byrnihat, Meghalaya, India | |||
| Mehraj Textiles Private Limited | ₹2.59 Cr (FY 2024) | -10.0% | Thiruvananthapuram, Kerala, India | |||
| Jeskon Systems Private Limited | ₹2.58 Cr (FY 2024) | 2.0% | Indore, Madhya Pradesh, India | |||
| Ajanta Ply & Hardware Agencies Private Limited | ₹2.58 Cr (FY 2025) | -11.0% | Kanpur, Uttar Pradesh, India |
To see the full peer comparison of Magnico Enterprises Private Limited, buy the company report.
Charges & borrowings
Open charges
₹15 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 May 2024 | 100926926 | Others | ₹15 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Magnico Enterprises Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed against the company | Pending |
To see the full case history of Magnico Enterprises 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
No delayed payments to MSME suppliers are on our record for Magnico Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Magnico Enterprises has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAOCM7025L1ZY | Maharashtra | Active | 05 Jul 2021 |
To see the full GST registrations and return filing status of Magnico Enterprises Private Limited, buy the company report.
Recent activity
Magnico Enterprises Private Limited has 3 board changes on record since 2021: 2 appointments and 1 cessation. The latest: Ashwini Amol Hardas was appointed as Director on 31 May 2022.
AGM
Magnico Enterprises Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Magnico Enterprises Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Charges
A charge with Others amounted to Rs. 15.00 Lakh with Charge ID 100926926 was registered on 04 May 2024.
Appointed
Ashwini Amol Hardas was appointed as Director.
Ceased
Swapnil Narendra Ghosalkar ceased to be Director.
Appointed
Amol Mohan Hardas was appointed as Director.
Incorporation
23 Jun 2021
Magnico Enterprises Private Limited was registered on 23 Jun 2021 with Roc Mumbai Ii & aged 5 years 4 months as per MCA records.
Frequently asked questions
Magnico Enterprises is an active private limited company based in Thane, Maharashtra, India. The company works in specialty, within the trading industry. It was incorporated on 23 June 2021 (5+ years old) and is registered under CIN U51909MH2021PTC362559.
Magnico Enterprises has 2 current directors:
- Ashwini Amol Hardas - Director
- Amol Mohan Hardas - Director
The latest financial statements of Magnico Enterprises 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 2022 are in the company report.
The GSTIN of Magnico Enterprises is 27AAOCM7025L1ZY, registered in Maharashtra.
The CIN (Corporate Identification Number) of Magnico Enterprises is U51909MH2021PTC362559. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magnico Enterprises has 1 court case on record: 1 filed against it. 1 is pending.
Magnico Enterprises was incorporated on 23 June 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Magnico Enterprises by revenue are Sri Maanasa Enterprises Private Limited, Marksmen Automobiles Private Limited, Marisha Fashion Jewellery Private Limited, Maharashtra Agrovet Private Limited, Telesuper Electronics (India) Private Limited and 5 more, all in the same principal business activity (retail trading).
Ashwini Amol Hardas was appointed as Director on 31 May 2022. Swapnil Narendra Ghosalkar ceased to be Director on 31 May 2022. Amol Mohan Hardas was appointed as Director on 23 Jun 2021.
Yes, Magnico Enterprises is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0216496).
The registered office of Magnico Enterprises is at Unit No 305 3rd Floor Ganatra Industrial Estate, Plot No 114 A – 1 2 Pan Khopat Thane West, Maharashtra, India – 400601.
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