
Magnificent Consultants Pvt Ltd
About Magnificent Consultants Pvt Ltd
Data last updated:
Magnificent Consultants Pvt Ltd is a private limited company based in Indore, Madhya Pradesh, India, a subsidiary of Arth Rural Connect Services Private Limited. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 29 October 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U74140MP1991PTC006727.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Raju and Khyam Bahadur.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 135 – Gram Devguradiya Devguradia, Indore, Madhya Pradesh, India – 452016.
As per MCA filings, the company has open charges of ₹10.15 Cr on record.
Company details
Contact details
Magnificent Consultants Pvt Ltd's registered office is in Indore, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address135 – Gram Devguradiya Devguradia, Indore, Madhya Pradesh, India – 452016
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Magnificent Consultants Pvt Ltd, 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 Magnificent Consultants Pvt Ltd
FY 2024 filings availableMagnificent Consultants Pvt Ltd reported revenue of ₹1,380 for FY 2023.
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 | ₹1,380 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | |||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | |||||
| 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 | |||||
| Net Profit Margin | |||||
| 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 Magnificent Consultants Pvt Ltd, buy the company report.
Board of directors of Magnificent Consultants Pvt Ltd
Magnificent Consultants has 2 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raju Also directs: Xiimba Legal Sciences LLP, Xiimba Pets Private Limited, Gordiass Gnosis Private Limited and 5 more | Director | 19 Mar 2022 | 4 Years 7 Months | Current |
| Khyam Bahadur Also directs: Xiimba Pets Private Limited, Gordiass Gnosis Private Limited, Xiimba Ecosystems Private Limited and 5 more | Director | 20 Mar 2023 | 3 Years 7 Months | Current |
Auditor
Magnificent Consultants Pvt Ltd is audited by MOHANDAS & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MOHANDAS & CO | FY 2023 | 031256 |
Shareholding
The shareholding of Magnificent Consultants Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | 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 Magnificent Consultants Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Aug 2024 | 100963024 | Indian Bank | ₹3.65 Cr | Open | |
| 23 Dec 2023 | 100862674 | Axis Bank Limited | ₹3.5 Cr | Open | |
| 21 May 2022 | 100575496 | Axis Bank Limited | ₹3 Cr | Open |
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Magnificent Consultants Pvt Ltd 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 Magnificent Consultants Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Magnificent Consultants Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Magnificent Consultants Pvt Ltd has 16 board changes on record since 2008: 2 appointments and 14 cessations. The latest: Khyam Bahadur ceased to be Additional Director on 29 Sep 2023.
10 earlier events are in the company report.
Frequently asked questions
Magnificent Consultants is an active private limited company based in Indore, Madhya Pradesh, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 29 October 1991 (35+ years old) and is registered under CIN U74140MP1991PTC006727.
Magnificent Consultants has 2 current directors:
- Raju - Director
- Khyam Bahadur - Director
The latest financial statements of Magnificent Consultants on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Magnificent Consultants is U74140MP1991PTC006727. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magnificent Consultants was incorporated on 29 October 1991, making it 35+ years old. It is registered with the Registrar of Companies, Gwalior.
Khyam Bahadur ceased to be Additional Director on 29 Sep 2023. Raju ceased to be Additional Director on 29 Sep 2023. Khyam Bahadur was appointed as Director on 20 Mar 2023. Magnificent Consultants has 16 board changes on record in total.
The registered office of Magnificent Consultants is at 135 – Gram Devguradiya Devguradia, Indore, Madhya Pradesh, India – 452016.
Magnificent Consultants operates in the business outsourcing industry, in the business and IT consulting segment.
Magnificent Consultants has open charges of ₹10.15 Cr and no satisfied charges on record as per latest MCA filings.
Magnificent Consultants can be reached at its registered office: 135 – Gram Devguradiya Devguradia, Indore, Madhya Pradesh, India – 452016.

