- Category
- Medium (2023-24)
- Udyam number
- UDYAM-JK-21-0000315

About Magpie Hydel Construction Operation Industries Private Limited
Data last updated:
Magpie Hydel Construction Operation Industries Private Limited is a private limited company based in Srinagar, Jammu And Kashmir, India, a subsidiary of M And Company Engineers And Contractors Private Limited. It operates in the hydroelectric power solutions segment of the environmental services sector. It was incorporated on 16 April 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Jammu, under CIN U46539JK2003PTC002284. Its GSTIN is 01AAECM1023A1ZN (Jammu and Kashmir).
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹29.58 Cr. It is led by directors including Masooda Nazir Mir and Mudasar Nazir Mir.
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 Top Floor Khidmat Complex Phase – II Regal Lane Residency Road, Srinagar, Jammu and Kashmir, India – 190001.
As per the financials filed for FY 2025, the company reported a revenue of ₹71.33 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹25.88 Cr (net margin 36.3%) and EBITDA of ₹55.55 Cr (EBITDA margin 77.9%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 10% over five years.
The company has about 98 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹390.92 Cr and satisfied charges of ₹264.22 Cr on record. Court records list 8 cases involving the company, including 5 filed by the company and 3 filed against it; 3 cases are pending. The company has 9 deals on record (5 funding rounds, 4 secondary share transfers), with disclosed funding of ₹35.92 Cr; the latest was in March 2018. Its 8 peer companies in the Cleantech industry (Hydro Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 3 larger and 5 smaller; the largest is Bhilangana Hydro Power Limited with revenue of ₹97.74 Cr.
Magpie Hydel Construction Operation Industries Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-JK-21-0000315). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mandcorp.com.
Company details
CIN history
Magpie Hydel Construction Operation Industries has one previous CIN (Corporate Identification Number): U40101JK2003PTC002284. The current CIN is U46539JK2003PTC002284, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U46539JK2003PTC002284 | Current |
| U40101JK2003PTC002284 | Previous |
Recognitions & Rankings of Magpie Hydel Construction Operation Industries
Contact details
Magpie Hydel Construction Operation Industries Private Limited's registered office is in Srinagar, Jammu And Kashmir.
- Social Media
- Registered AddressTop Floor Khidmat Complex Phase – II Regal Lane Residency Road, Srinagar, Jammu and Kashmir, India – 190001
- IndustryEnvironment, Hydroelectric Power Solutions
- 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
Business activity
The main business activity of Magpie Hydel Construction Operation Industries is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Magpie Hydel Construction Operation Industries Private Limited, buy the company report.
Financials of Magpie Hydel Construction Operation Industries Private Limited
FY 2025 filings availableMagpie Hydel Construction Operation Industries Private Limited reported revenue of ₹71.33 Cr (down 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 19% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 8% 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 | FY 2020-21 |
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| EBITDA | ₹55.55 Cr | ||||
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| Net Profit (PAT) | ₹25.88 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 77.9% | ||||
| Net Profit Margin | 36.3% | ||||
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To see the full financial statements and ratios of Magpie Hydel Construction Operation Industries Private Limited, buy the company report.
Board of directors of Magpie Hydel Construction Operation Industries Private Limited
Magpie Hydel Construction Operation Industries has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Masooda Nazir Mir | Director | 16 Apr 2003 | 23 Years 6 Months | Current |
| Mudasar Nazir Mir | Director | 16 Apr 2003 | 23 Years 6 Months | Current |
| Nazir Ahmad Mir | Director | 16 Apr 2003 | 23 Years 6 Months | Current |
Peer comparison
Magpie Hydel Construction Operation Industries Private Limited is compared with the 8 companies closest to it by revenue in the Cleantech industry (Hydro Power), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bhilangana Hydro Power Limited | ₹97.74 Cr (FY 2025) | 7.0% | Khatima, Uttarakhand, India | |||
| Greenko Budhil Hydro Power Private Limited | ₹83.27 Cr (FY 2025) | -1.0% | Hyderabad, Telangana, India | |||
| Meenakshi Power Private Limited | ₹73.57 Cr (FY 2024) | 2.0% | Hyderabad, Telangana, India | |||
| Magpie Hydel Construction Operation Industries Private Limitedthis company | ₹71.33 Cr (FY 2025) | ₹25.88 Cr | 36.3% | -19.0% | Srinagar, Jammu And Kashmir, India | |
| Ambuthirtha Power Private Limited | ₹65.83 Cr (FY 2023) | 13.0% | Thane, Maharashtra, India | |||
| Pioneer Power Corporation Limited | ₹64.88 Cr (FY 2025) | 60.0% | Hyderabad, Telangana, India | |||
| Soham Infrastructure Private Limited | ₹63.24 Cr (FY 2025) | 5.0% | Thane, Maharashtra, India | |||
| Ia Hydro Energy Private Limited | ₹60.34 Cr (FY 2024) | -62.0% | Shimla, Himachal Pradesh, India | |||
| Kundan Hydro (Gangtok) Private Limited | ₹59.28 Cr (FY 2025) | -21.0% | New Delhi, Delhi, India |
To see the full peer comparison of Magpie Hydel Construction Operation Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Dec 2024 | 101041304 | The Jammu and Kashmir Bank Limited | ₹148 Cr | Open | |
| 22 Aug 2024 | 100966991 | Others | ₹105 Cr | Open | |
| 25 Mar 2021 | 100435653 | The Jammu and Kashmir Bank Limited | ₹22.92 Cr | Open | |
| 17 Jul 2020 | 100352450 | Others | ₹15 Cr | Open | |
| 13 Jun 2016 | 100062751 | The Jammu and Kashmir Bank Limited | ₹100 Cr | Open |
To see the full charge records of Magpie Hydel Construction Operation Industries Private Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Magpie Hydel Construction Operation Industries Private Limited has 9 deals on record (5 funding rounds, 4 secondary share transfers), with disclosed funding of ₹35.92 Cr; the latest was in March 2018.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Oct 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2007 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Campari Fiscal Services Private Limited. , Adonis Financial Services Private Limited |
| Nov 2006 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Geefcee Finanace Limited, Tejasvi Investments Private Limited |
| Mar 2006 | Funding round | ₹9.58 Cr | Investors: M &Co. Engineers & Contractors Private Limited, Geefcee Finanace Limited, Tejasvi Investments Private Limited |
To see the full deal history of Magpie Hydel Construction Operation Industries Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Magpie Hydel Construction Operation Industries Private Limited has 8 court cases on record: 5 filed by Magpie Hydel Construction Operation Industries, 3 filed against it. 3 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 1 | 2 |
| District courts | 2 | 2 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bandipora, Jammu and Kashmir | Civil suit | Filed against the company by an individual | Pending |
| High Court of Jammu and Kashmir and Ladakh | Writ petition | Filed by the company against an individual | Pending |
| High Court of Jammu and Kashmir and Ladakh | Writ petition | Filed by the company against Union of India Th Its Secretary, Ministry of Power, New Delhi and Others | Pending |
| High Court of Jammu and Kashmir and Ladakh | Court case (CM(M)) | Filed against the company by an individual | Disposed |
| High Court of Jammu and Kashmir and Ladakh | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of Magpie Hydel Construction Operation Industries 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 Magpie Hydel Construction Operation Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Magpie Hydel Construction Operation Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 01AAECM1023A1ZN | Jammu and Kashmir | Active | 08 Jul 2017 |
To see the full GST registrations and return filing status of Magpie Hydel Construction Operation Industries Private Limited, buy the company report.
Recent activity
Magpie Hydel Construction Operation Industries Private Limited has 5 board changes on record since 2003: 3 appointments and 2 cessations. The latest: Insha Nazir Mir ceased to be Director on 29 Mar 2023.
11 earlier events are in the company report.
Frequently asked questions
Magpie Hydel Construction Operation Industries is an active private limited company based in Srinagar, Jammu And Kashmir, India. The company works in hydroelectric power solutions, within the environment industry. It was incorporated on 16 April 2003 (23+ years old) and is registered under CIN U46539JK2003PTC002284.
Magpie Hydel Construction Operation Industries has 3 current directors:
- Masooda Nazir Mir - Director
- Mudasar Nazir Mir - Director
- Nazir Ahmad Mir - Director
The latest financial statements of Magpie Hydel Construction Operation Industries 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 2015 are in the company report.
The GSTIN of Magpie Hydel Construction Operation Industries is 01AAECM1023A1ZN, registered in Jammu and Kashmir.
The CIN (Corporate Identification Number) of Magpie Hydel Construction Operation Industries is U46539JK2003PTC002284. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magpie Hydel Construction Operation Industries has 8 court cases on record: 5 filed by the company and 3 filed against it. 3 are pending. Most are in the high courts.
Magpie Hydel Construction Operation Industries was incorporated on 16 April 2003, making it 23+ years old. It is registered with the Registrar of Companies, Jammu.
Magpie Hydel Construction Operation Industries has 9 deals on record (5 funding rounds, 4 secondary share transfers), with disclosed funding of ₹35.92 Cr; the latest was in March 2018.
The peers of Magpie Hydel Construction Operation Industries by revenue are Bhilangana Hydro Power Limited, Greenko Budhil Hydro Power Private Limited, Meenakshi Power Private Limited, Ambuthirtha Power Private Limited, Pioneer Power Corporation Limited and 3 more, all in the Cleantech industry (Hydro Power), with the same principal business activity (electric power generation, transmission and distribution).
Insha Nazir Mir ceased to be Director on 29 Mar 2023. Nisha Nazir ceased to be Director on 29 Mar 2023. Masooda Nazir Mir was appointed as Director on 16 Apr 2003. Magpie Hydel Construction Operation Industries has 5 board changes on record in total.
Yes, Magpie Hydel Construction Operation Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-JK-21-0000315).

