MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-26-0465450
Magnum Forge and Machine Works Pvt.Ltd. - engineering in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹352.07 Cr
▲ 30% YoY
Net profit · FY 2024
₹31.6 Cr
Net margin 9%
EBITDA · FY 2024
₹51.78 Cr
EBITDA margin 14.7%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹30 Lakh
Issued & subscribed
Open charges
₹104 Cr
Satisfied ₹6 Cr
Company age
33 yrs
Est. 1993
Employees · EPFO
306
Provident fund records
About Magnum Forge and Machine Works Pvt.Ltd.
Data last updated:
Magnum Forge and Machine Works Pvt.Ltd. is a private limited company based in Pune, Maharashtra, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 12 May 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U27101PN1993PTC071950. Its GSTIN is 27AABCM2183Q1Z0 (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹30 Lakh. It is led by directors including Revati Sudhir Puranik and Rekha Sudhir Puranik.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Nirant Vasahat Row House No. B – 6 S No. 686/3 Bibwewadi, Pune, Maharashtra, India – 411037.
As per the financials filed for FY 2024, the company reported a revenue of ₹352.07 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹31.6 Cr (net margin 9%) and EBITDA of ₹51.78 Cr (EBITDA margin 14.7%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years and 29% over five years.
The company has about 306 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹104 Cr and satisfied charges of ₹6 Cr on record. Court records list 5 cases involving the company, including 1 filed by the company and 4 filed against it; 2 cases are pending.
Magnum Forge and Machine Works Pvt.Ltd. is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0465450). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website womgroup.com.
Company details
CIN U27101PN1993PTC071950
Registration Number 071950
Incorporation Date 12 May 1993
ROC Pune
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-26-0465450
CIN history
Magnum Forge and Machine Works has one previous CIN (Corporate Identification Number): U27101MH1993PTC071950. The current CIN is U27101PN1993PTC071950, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27101PN1993PTC071950 | Current |
| U27101MH1993PTC071950 | Previous |
Key People
Revati Sudhir Puranik Director Rekha Sudhir Puranik Director Sudhir Shrivallabh Puranik Director Recognitions & Rankings of Magnum Forge and Machine Works
Contact details
Magnum Forge and Machine Works Pvt.Ltd.'s registered office is in Pune, Maharashtra. Its website is womgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNirant Vasahat Row House No. B – 6 S No. 686/3 Bibwewadi, Pune, Maharashtra, India – 411037
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of Magnum Forge and Machine Works Pvt.Ltd., buy the company report.
Comprehensive company report
Magnum Forge and Machine Works Pvt.Ltd. - 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 Magnum Forge and Machine Works is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Magnum Forge and Machine Works Pvt.Ltd., buy the company report.
Financials of Magnum Forge and Machine Works Pvt.Ltd.
FY 2024 filings availableMagnum Forge and Machine Works Pvt.Ltd. reported revenue of ₹352.07 Cr (up 30% YoY) for FY 2024.
Revenue · FY 2024
₹352.07 Cr ▲ 30%
Net profit · FY 2024
₹31.6 Cr margin 9%
EBITDA · FY 2024
₹51.78 Cr margin 14.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 30%
3 years · compounded
▲ 46%
5 years · compounded
▲ 29%
EBITDA CAGR growth
1 year
▲ 557%
3 years · compounded
▲ 59%
5 years · compounded
▲ 73%
Revenue has grown at a compounded annual rate (CAGR) of 29% over five years, including 30% growth in the latest year. EBITDA rose 557% 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 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 | ₹51.78 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹31.6 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.7% | ||||
| Net Profit Margin | 9% | ||||
| 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 Magnum Forge and Machine Works Pvt.Ltd., buy the company report.
Board of directors of Magnum Forge and Machine Works Pvt.Ltd.
Magnum Forge and Machine Works has 5 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Revati Sudhir Puranik Also directs: Worldwide Oilfield Machine (India) LLP, Wom Valves and Controls India LLP, Magna Special Steels LLP and 4 more | Director | 12 May 1993 | 33 Years 6 Months | Current |
| Rekha Sudhir Puranik Also directs: Worldwide Oilfield Machine (India) LLP, Wom Valves and Controls India LLP, Worldwide Oilfield Machine Pvt Ltd and 4 more | Director | 12 May 1993 | 33 Years 6 Months | Current |
| Sudhir Shrivallabh Puranik Also directs: Worldwide Oilfield Machine (India) LLP, Wom Valves and Controls India LLP, Magna Special Steels LLP and 5 more | Director | 12 May 1993 | 33 Years 6 Months | Current |
| Subhash Shrivallabh Puranik Also directs: WMS Technologies Private Limited | Director | 31 Mar 2002 | 24 Years 7 Months | Current |
| Shubhangi Neelesh Musale | Director | 30 Sep 1997 | 29 Years 1 Months | Current |
Peer comparison
Magnum Forge and Machine Works Pvt.Ltd. is compared with the 4 companies closest to it by revenue in the Engineering industry (Foundry and Fabrication), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rikun Manufacturing Private Limited | ₹362.38 Cr (FY 2024) | 40.0% | Sriperumbudur, Tamil Nadu, India | |||
| Magnum Forge and Machine Works Pvt.Ltd.this company | ₹352.07 Cr (FY 2024) | ₹31.6 Cr | 9% | 30.0% | Pune, Maharashtra, India | |
| Pinax Steel Industries Private Limited | ₹350.08 Cr (FY 2024) | 52.0% | Kolkata, West Bengal, India | |||
| Auto Mech (India) Pvt. Ltd | ₹346.05 Cr (FY 2025) | 0.0% | Khed, Maharashtra, India | |||
| Shri Ashutosh Structures Private Limited | ₹344.61 Cr (FY 2025) | 16.0% | Raipur, Chhattisgarh, India |
To see the full peer comparison of Magnum Forge and Machine Works Pvt.Ltd., buy the company report.
Auditor
Magnum Forge and Machine Works Pvt.Ltd. is audited by YERAVDEKAR AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| YERAVDEKAR AND ASSOCIATES | FY 2023 | 133673W |
Shareholding
The shareholding of Magnum Forge and Machine Works 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Magnum Forge and Machine Works Pvt.Ltd., buy the company report.
Charges & borrowings
Open charges
₹104 Cr
Satisfied charges
₹6 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Feb 2023 | 100687505 | Others | ₹100 Cr | Open | |
| 27 Sep 2005 | 90087448 | Bank of India | ₹4 Cr | Open | |
| 17 Mar 2021 | 100427876 | Others | ₹6 Cr | Satisfied |
To see the full charge records of Magnum Forge and Machine Works Pvt.Ltd., buy the company report.
Total charge records: 3 View all charges
Legal cases
Magnum Forge and Machine Works Pvt.Ltd. has 5 court cases on record: 1 filed by Magnum Forge and Machine Works, 4 filed against it. 2 cases are pending and 3 are disposed.
Total cases
5
Filed by the company
1
Filed against the company
4
Pending
2
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 1 |
| High courts | 2 | 2 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Court case (SMST R) | Filed against the company by Sagarbhai Hasmukhbhai Mehta Authorised Person of Kishan Refractories Pvt.Ltd | Disposed |
| District court, Fatehgarh Sahib, Punjab | Civil suit | Filed against the company by M/S Kisco Castings Ltd | Pending |
| Bombay High Court | Tax appeal | Filed against the company by PR. Commissioner of Income Tax -6 | Pending |
| Bombay High Court | Tax appeal | Filed against the company by The Pr.Commissioner of Income-Tax-6, Pune | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Reference IT) | Filed by the company against an individual | Disposed |
To see the full case history of Magnum Forge and Machine Works Pvt.Ltd., 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
Magnum Forge and Machine Works Pvt.Ltd. was last rated by Crisil on 15 Jul 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 15 Jul 2019 |
To see the full credit ratings and regulatory alerts of Magnum Forge and Machine Works Pvt.Ltd., buy the company report.
MSME payment delays
Magnum Forge and Machine Works Pvt.Ltd. has 8 MSME Form 1 returns on record between 2019 and 2024, listing 90 overdue payments to 11 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Ferrochem NDT Systems Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Magnum Forge and Machine Works Pvt.Ltd., buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Magnum Forge and Machine Works has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Askara Technical Solutions Private Limited | U74140MH2007PTC176376 |
To see the full group structure of Magnum Forge and Machine Works Pvt.Ltd., buy the company report.
GST
Magnum Forge and Machine Works has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCM2183Q1Z0 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Magnum Forge and Machine Works Pvt.Ltd., buy the company report.
Recent activity
Magnum Forge and Machine Works Pvt.Ltd. has 5 board changes on record since 1993: 5 appointments. The latest: Subhash Shrivallabh Puranik was appointed as Director on 31 Mar 2002.
AGM
Magnum Forge And Machine Works Pvt.Ltd. last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Magnum Forge And Machine Works Pvt.Ltd. has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Charges
A charge with Others of Rs. 100.00 Cr registered on 02 Feb 2023 with Charge ID 100687505 was modified on 05 Feb 2024.
Charges
A charge registered on 17 Mar 2021 via Charge ID 100427876 with Others was fully satisfied on 02 Sep 2023.
Charges
A charge with Others amounted to Rs. 100.00 Cr with Charge ID 100687505 was registered on 02 Feb 2023.
Charges
A charge with Others amounted to Rs. 6.00 Cr with Charge ID 100427876 was registered on 17 Mar 2021.
Charges
A charge with Bank Of India amounted to Rs. 4.00 Cr with Charge ID 90087448 was registered on 27 Sep 2005.
Appointed
Subhash Shrivallabh Puranik was appointed as Director.
Appointed
Shubhangi Neelesh Musale was appointed as Director.
Appointed
Rekha Sudhir Puranik was appointed as Director.
Appointed
Revati Sudhir Puranik was appointed as Director.
Appointed
Sudhir Shrivallabh Puranik was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Magnum Forge and Machine Works is an active private limited company based in Pune, Maharashtra, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 12 May 1993 (33+ years old) and is registered under CIN U27101PN1993PTC071950.
Magnum Forge and Machine Works has 5 current directors:
- Revati Sudhir Puranik - Director
- Rekha Sudhir Puranik - Director
- Sudhir Shrivallabh Puranik - Director
- Subhash Shrivallabh Puranik - Director
- Shubhangi Neelesh Musale - Director
The latest financial statements of Magnum Forge and Machine Works on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Magnum Forge and Machine Works is 27AABCM2183Q1Z0, registered in Maharashtra.
The CIN (Corporate Identification Number) of Magnum Forge and Machine Works is U27101PN1993PTC071950. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magnum Forge and Machine Works has 5 court cases on record: 1 filed by the company and 4 filed against it. 2 are pending. Most are in the district courts.
Magnum Forge and Machine Works was incorporated on 12 May 1993, making it 33+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Magnum Forge and Machine Works by revenue are Rikun Manufacturing Private Limited, Pinax Steel Industries Private Limited, Auto Mech (India) Pvt. Ltd, Shri Ashutosh Structures Private Limited, all in the Engineering industry (Foundry and Fabrication), with the same principal business activity (metal and metal products).
Subhash Shrivallabh Puranik was appointed as Director on 31 Mar 2002. Shubhangi Neelesh Musale was appointed as Director on 30 Sep 1997. Rekha Sudhir Puranik was appointed as Director on 12 May 1993. Magnum Forge and Machine Works has 5 board changes on record in total.
Yes, Magnum Forge and Machine Works is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-26-0465450).
Magnum Forge and Machine Works has 8 MSME Form 1 returns on record between 2019 and 2024, listing 90 overdue payments to 11 micro and small suppliers. The latest return was filed on 26 Apr 2024.
Magnum Forge and Machine Works can be reached through the website womgroup.com. Its registered office is in Pune, Maharashtra, India.
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