About Magnolia Limited
Data last updated:
Magnolia Limited is a public limited company based in Mahad, Maharashtra, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 02 September 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH2010PLC207402. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1.4 Cr and a paid-up capital of ₹1.4 Cr. It was formerly known as Magnolia Private Limited. It is led by directors including Treesha Sandeep Shetty (Whole-Time Director) and Reshma Ranjan Singh.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Unit No. C – 10 Mahad MIDC Birwadi, Maharashtra, India – 402309.
As per the financials filed for FY 2017, the company reported a revenue of ₹3.72 Cr, a decline of 94% compared to the previous year. For the same year it recorded a net loss of ₹13.94 Cr (net margin -374.7%) and EBITDA of -₹10.84 Cr (EBITDA margin -291.2%). Revenue has declined at a compounded annual rate (CAGR) of 40% over three years.
The company is associated with 1 brand: Magnolia Limited. As per MCA filings, the company has open charges of ₹9.5 Cr on record. Court records list 13 cases involving the company, including 2 filed by the company and 11 filed against it; 2 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website magnolialimited.com.
Company details
CIN history
Magnolia has one previous CIN (Corporate Identification Number): U24100MH2010PTC207402. The current CIN is U24100MH2010PLC207402, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24100MH2010PLC207402 | Current |
| U24100MH2010PTC207402 | Previous |
Contact details
Magnolia Limited's registered office is in Mahad, Maharashtra. Its website is magnolialimited.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit No. C – 10 Mahad MIDC Birwadi, Maharashtra, India – 402309
- IndustryChemicals and Materials, Specialty Chemicals
To see the full contact details of Magnolia Limited, 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
Brands
Magnolia operates one associated brand: Magnolia Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Specializes in API synthesis for pharmaceutical applications. | magnolialimited.com |
Business activity
The main business activity of Magnolia is hospital and medical care. In detail, this covers other hospital and medical care activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q6 | Other Hospital and Medical Care Activities |
To see the full business activity and turnover split of Magnolia Limited, buy the company report.
Financials of Magnolia Limited
FY 2017 filings availableMagnolia Limited reported revenue of ₹3.72 Cr (down 94% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 40% over three years, including a 94% fall in the latest year. EBITDA fell 212% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹3.72 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹10.84 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹13.94 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -291.2% | ||
| Net Profit Margin | -374.7% | ||
| 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 Magnolia Limited, buy the company report.
Board of directors of Magnolia Limited
Magnolia has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Reshma Ranjan Singh | Additional Director | 02 Sep 2010 | 16 Years 1 Months | Current |
| Treesha Sandeep Shetty | Whole-Time Director | 05 Sep 2013 | 13 Years 1 Months | Current |
| Yogendra Singh | Additional Director | 17 Mar 2016 | 10 Years 7 Months | Current |
Auditor
Magnolia Limited is audited by JAGDISH V RAJGOR & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAGDISH V RAJGOR & CO | FY 2017 | 103836W |
Shareholding
The shareholding of Magnolia Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Magnolia Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Dec 2015 | 10612592 | S. E. Investments Limited | ₹50 Lakh | Open | |
| 04 Jun 2014 | 10510507 | Bank of India | ₹9 Cr | Open |
Total charge records: 2 View all charges
Legal cases
Magnolia Limited has 13 court cases on record: 2 filed by Magnolia, 11 filed against it. 2 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 9 | 1 |
| High courts | 4 | 2 | 1 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (COMIP) | Filed by the company against Softgel Health Care Pvt Ltd | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Axis Bank Limited | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by Spiro Lifecare Pvt Ltd Manan Sanghai | Disposed |
| Bombay High Court | Court case (LPETN) | Filed by the company against Softgel Health Care Pvt Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed against the company by Kotak Mahindra Prime Ltd | Disposed |
To see the full case history of Magnolia 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.
Credit ratings & regulatory alerts
Magnolia Limited was last rated by Indiarating on 28 Aug 2018.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 28 Aug 2018 |
To see the full credit ratings and regulatory alerts of Magnolia Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Magnolia Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Magnolia Limited has 1 active EPFO establishment as of Mar 31, 2024.
GST
Magnolia has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Magnolia Limited, buy the company report.
Recent activity
Magnolia Limited has 7 board changes on record since 2010: 3 appointments and 4 cessations. The latest: Reshma Ranjan Singh ceased to be Additional Director on 04 Nov 2018.
Frequently asked questions
Magnolia is an active public limited company based in Mahad, Maharashtra, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 02 September 2010 (16+ years old) and is registered under CIN U24100MH2010PLC207402.
Magnolia has 3 current directors:
- Treesha Sandeep Shetty - Whole-Time Director
- Reshma Ranjan Singh - Additional Director
- Yogendra Singh - Additional Director
The latest financial statements of Magnolia on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Magnolia has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Magnolia is U24100MH2010PLC207402. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magnolia has 13 court cases on record: 2 filed by the company and 11 filed against it. 2 are pending. Most are in the district courts.
Magnolia was incorporated on 02 September 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Reshma Ranjan Singh ceased to be Additional Director on 04 Nov 2018. Sushma Ranjan Singh ceased to be Director on 18 Mar 2016. Yogendra Singh was appointed as Additional Director on 17 Mar 2016. Magnolia has 7 board changes on record in total.
Magnolia can be reached through the website magnolialimited.com. Its registered office is in Mahad, Maharashtra, India.
The registered office of Magnolia is at Unit No. C – 10 Mahad MIDC Birwadi, Maharashtra, India – 402309.