Magnizest Elevators LLP

Magnizest Elevators LLP - machinery and equipment in Hyderabad, Telangana, India. FY 2026 financials & compliance.
LLPIN AAL-4281 Incorporated 16 December 2017 ROC Hyderabad HQ Hyderabad, Telangana, India
Active Limited Liability Partnership machinery and equipment MSME · Small
Data last updated
Revenue · FY 2023
₹8.11 Cr
▲ 32% YoY
Net profit · FY 2023
₹45.88 Lakh
Net margin 5.7%
EBITDA · FY 2023
₹20.37 Lakh
EBITDA margin 2.5%
Contribution obligation
₹2.2 Cr
As per LLP agreement
Open charges
₹4.54 Cr
Satisfied ₹5.59 Cr
LLP age
9 yrs
Est. 2017
Employees · EPFO
18
Provident fund records
Designated partners
2
As per MCA filings

About Magnizest Elevators LLP

Data last updated:

Magnizest Elevators LLP is a limited liability partnership (LLP) based in Hyderabad, Telangana, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 16 December 2017 and has been in existence for over 9 years.

The LLP is registered with the Registrar of Companies (ROC), Hyderabad, under LLPIN AAL-4281.

The LLP has a total obligation of contribution of ₹2.2 Cr. It is led by designated partners Sree Shilpa Jambhapuram and Abhinav Kumar Reddy Jambhapuram.

Its latest statement of accounts is for the year ended 31 March 2024. The registered office is at Hyderabad, Telangana.

As per the financials filed for FY 2023, the LLP reported a revenue of ₹8.11 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹45.88 Lakh (net margin 5.7%) and EBITDA of ₹20.37 Lakh (EBITDA margin 2.5%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 107% over five years.

The LLP has about 18 employees on its provident fund (EPFO) records.

As per MCA filings, the LLP has open charges of ₹4.54 Cr and satisfied charges of ₹5.59 Cr on record.

Magnizest Elevators LLP is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-20-0009336).

Company details

LLPIN AAL-4281
Incorporation Date 16 December 2017
Total Obligation of Contribution ₹2.2 Cr
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2024
MSME Classification Small
Udyam Registration UDYAM-TS-20-0009336
Key People
Sree Shilpa Jambhapuram Designated Partner Abhinav Kumar Reddy Jambhapuram Designated Partner

Recognitions & Rankings of Magnizest Elevators

MSME (Udyam registered) Ministry of MSME
Category
Small (2023-24)
Udyam number
UDYAM-TS-20-0009336

Contact details

Magnizest Elevators LLP's registered office is in Hyderabad, Telangana. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Sy No. 79 Phase – IV Ida Jeedimetla Gajularamaram Village Medchal – Malkajgir, I, Hyderabad, Telangana, India – 500055
  • Industry
    Machinery and Equipment, Material Handling & Storage Equipment

To see the full contact details of Magnizest Elevators LLP, buy the company report.

Comprehensive company report
Magnizest Elevators LLP - 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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Financials of Magnizest Elevators LLP

FY 2024 filings available

Magnizest Elevators LLP reported revenue of ₹8.11 Cr (up 32% YoY) for FY 2023.

Revenue · FY 2023
₹8.11 Cr ▲ 32%
Net profit · FY 2023
₹45.88 Lakh margin 5.7%
EBITDA · FY 2023
₹20.37 Lakh margin 2.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 32%
3 years · compounded
▲ 4%
5 years · compounded
▲ 107%
EBITDA CAGR growth
1 year
▼ 86%
3 years · compounded
▼ 51%
5 years · compounded
▲ 72%

Revenue has grown at a compounded annual rate (CAGR) of 107% over five years, including 32% growth in the latest year. EBITDA fell 86% 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

Statement of Account and SolvencyFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Income and Expenditure
Turnover
Other Income
Total Income
Purchases and Direct Costs
Personnel Expenses
Administrative Expenses
Interest
Depreciation
Total Expenses
Profit Before Tax
Tax
Profit After Tax₹45.88 Lakh
Profit Transferred to Partners
Assets and Liabilities
Partners' Contribution
Reserves and Surplus
Secured Loans
Unsecured Loans
Trade Payables
Other Liabilities and Provisions
Total Liabilities
Fixed Assets
Investments
Loans and Advances
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

Statement of Account and SolvencyFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
Net Profit Margin5.7%
Return on Partners' Funds
Return on Assets
Liquidity and Debt
Current Ratio
Debt to Partners' Funds
Interest Coverage
Efficiency and Growth
Asset Turnover
Receivable Days
Turnover Growth
Profit Growth

To see the full financial statements and ratios of Magnizest Elevators LLP, buy the company report.

Designated partners of Magnizest Elevators LLP

Magnizest Elevators has 2 designated partners on record. No former designated partners are listed.

Current Designated Partners
NameDesignationAppointment DateTenureStatus
Sree Shilpa Jambhapuram
Also directs: Shankar Super Speciality Hospitals LLP, Varadh Enterprises Private Limited
Designated Partner16 Dec 20178 Years 10 MonthsCurrent
Abhinav Kumar Reddy Jambhapuram
Also directs: J V S Switch Gears Private Limited, Exceon Energy Private Limited
Designated Partner16 Dec 20178 Years 10 MonthsCurrent
View all designated partners

Charges & borrowings

Open charges
₹4.54 Cr
Satisfied charges
₹5.59 Cr
Breakdown by lending institutions
Axis Bank Limited₹4.24 Cr
Tata Capital Financial Services Limited₹0.30 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
11 Jan 2024100869132Tata Capital Financial Services Limited₹30 LakhOpen
22 Jul 2023100763515Axis Bank Limited₹4.24 CrOpen
21 Mar 2022100631209Bank of Baroda₹1.15 CrSatisfied
06 Apr 2018100243806Bank of Baroda₹4.44 CrSatisfied

To see the full charge records of Magnizest Elevators LLP, buy the company report.

Total charge records: 4 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Magnizest Elevators LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Magnizest Elevators LLP has a workforce of 18 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.

Employee count
18
Active EPFO establishments
1

GST

No GST registration is on our record for Magnizest Elevators LLP; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Magnizest Elevators LLP has 2 designated partner changes on record since 2017: 2 appointments. The latest: Abhinav Kumar Reddy Jambhapuram was appointed as Designated Partner on 16 Dec 2017.

AGM
Magnizest Elevators Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Charges
A charge with Axis Bank Limited of Rs. 4.24 Cr registered on 22 Jul 2023 with Charge ID 100763515 was modified on 22 Aug 2024.
Filing
Magnizest Elevators Llp has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Charges
A charge with Tata Capital Financial Services Limited amounted to Rs. 0.30 Cr with Charge ID 100869132 was registered on 11 Jan 2024.
Charges
A charge registered on 21 Mar 2022 via Charge ID 100631209 with Bank Of Baroda was fully satisfied on 07 Aug 2023.
Charges
A charge registered on 06 Apr 2018 via Charge ID 100243806 with Bank Of Baroda was fully satisfied on 07 Aug 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 4.24 Cr with Charge ID 100763515 was registered on 22 Jul 2023.
Charges
A charge with Bank Of Baroda amounted to Rs. 1.15 Cr with Charge ID 100631209 was registered on 21 Mar 2022.
Charges
A charge with Bank Of Baroda of Rs. 4.44 Cr registered on 06 Apr 2018 with Charge ID 100243806 was modified on 08 Apr 2019.
Charges
A charge with Bank Of Baroda amounted to Rs. 4.44 Cr with Charge ID 100243806 was registered on 06 Apr 2018.
Appointed
Abhinav Kumar Reddy Jambhapuram was appointed as Designated Partner.
Appointed
Sree Shilpa Jambhapuram was appointed as Designated Partner.

1 earlier event is in the company report.

Frequently asked questions

Magnizest Elevators is an active limited liability partnership based in Hyderabad, Telangana, India. The LLP works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 16 December 2017 (9+ years old) and is registered under LLPIN AAL-4281.

Magnizest Elevators has 2 current designated partners:

The latest financial statements of Magnizest Elevators on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2018 are in the company report.

The LLPIN (Limited Liability Partnership Identification Number) of Magnizest Elevators is AAL-4281. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.

Magnizest Elevators was incorporated on 16 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Hyderabad.

Abhinav Kumar Reddy Jambhapuram was appointed as Designated Partner on 16 Dec 2017. Sree Shilpa Jambhapuram was appointed as Designated Partner on 16 Dec 2017.

Yes, Magnizest Elevators is registered as a small enterprise under Udyam registration (number: UDYAM-TS-20-0009336).

The registered office of Magnizest Elevators is at Sy No. 79 Phase – IV Ida Jeedimetla Gajularamaram Village Medchal – Malkajgir, I, Hyderabad, Telangana, India – 500055.

Magnizest Elevators operates in the machinery and equipment industry, in the material handling and storage equipment segment.

Magnizest Elevators has open charges of ₹4.54 Cr and satisfied charges of ₹5.59 Cr as per latest MCA filings.