About Mags Energy Solutions Private Limited
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Mags Energy Solutions Private Limited is a private limited company based in Erode, Tamil Nadu, India. It operates in the power epc segment of the energy and power sector. It was incorporated on 06 February 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U29309TZ2021PTC035509. Its GSTIN is 33AAOCM2769B1ZH (Tamil Nadu).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Raghupathy Vathirajan and Gunasekaran Manimaran.
Its last annual general meeting (AGM) was held on 18 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Sfno.480/11 480/12 Tamilnadu Elementary School Nagar Th T.C. Palayam Bhavani, Erode, Tamil Nadu, India – 638312.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.47 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹33.33 Lakh (net margin 13.5%) and EBITDA of ₹45.6 Lakh (EBITDA margin 18.5%). Revenue has grown at a compounded annual rate (CAGR) of 384% over three years.
The company is associated with 1 brand: MAGS Energy Solutions.
For more details, the company can be reached via its website magsenergy.com.
Company details
Contact details
Mags Energy Solutions Private Limited's registered office is in Erode, Tamil Nadu. Its website is magsenergy.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSfno.480/11 480/12 Tamilnadu Elementary School Nagar Th T.C. Palayam Bhavani, Erode, Tamil Nadu, India – 638312
- IndustryEnergy and Power, Power EPC, BoP & BTG Services
To see the full contact details of Mags Energy Solutions Private 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
Mags Energy Solutions operates one associated brand: MAGS Energy Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Energy solutions and engineering services in power, petrochemical, and refinery sectors. | magsenergy.com |
Business activity
The main business activity of Mags Energy Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Mags Energy Solutions Private Limited, buy the company report.
Financials of Mags Energy Solutions Private Limited
FY 2025 filings availableMags Energy Solutions Private Limited reported revenue of ₹2.47 Cr (up 3736% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 384% over three years. 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 | ₹45.6 Lakh | ||||
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| Net Profit (PAT) | ₹33.33 Lakh | ||||
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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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| EBITDA Margin | 18.5% | ||||
| Net Profit Margin | 13.5% | ||||
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To see the full financial statements and ratios of Mags Energy Solutions Private Limited, buy the company report.
Board of directors of Mags Energy Solutions Private Limited
Mags Energy Solutions has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raghupathy Vathirajan Also directs: Padmavahini Transformers Private Limited | Director | 08 Oct 2021 | 5 Years 0 Months | Current |
| Gunasekaran Manimaran | Director | 06 Feb 2021 | 5 Years 8 Months | Current |
| Ghunasheelan Gunasekaran | Director | 06 Feb 2021 | 5 Years 8 Months | Current |
Peer comparison
Mags Energy Solutions Private Limited is compared with the 3 companies closest to it by revenue in the Power industry (EPC, BoP and BTG, Energy Solutions), with the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Spoorti Technoservices India Private Limited | ₹2.48 Cr (FY 2019) | 13.0% | Chikkabanavara Post, Karnataka, India | |||
| Mags Energy Solutions Private Limitedthis company | ₹2.47 Cr (FY 2025) | ₹33.33 Lakh | 13.5% | 3736.0% | Erode, Tamil Nadu, India | |
| Enmas Enviro Projects Private Limited | ₹2.46 Cr (FY 2024) | Chennai, Tamil Nadu, India | ||||
| Inventum Power Private Limited | ₹2.44 Cr (FY 2024) | -3.0% | Delhi, India |
To see the full peer comparison of Mags Energy Solutions Private Limited, buy the company report.
Auditor
Mags Energy Solutions Private Limited is audited by K.SELVAM PROPRIETOR OF SELVAM AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.SELVAM PROPRIETOR OF SELVAM AND CO | FY 2023 | 010331S |
Shareholding
The shareholding of Mags Energy Solutions Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Mags Energy Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Mags Energy Solutions Private Limited 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 Mags Energy Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mags Energy Solutions Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
GST
Mags Energy Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAOCM2769B1ZH | Tamil Nadu | Active | 16 Feb 2021 |
To see the full GST registrations and return filing status of Mags Energy Solutions Private Limited, buy the company report.
Recent activity
Mags Energy Solutions Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Raghupathy Vathirajan was appointed as Director on 08 Oct 2021.
Frequently asked questions
Mags Energy Solutions is an active private limited company based in Erode, Tamil Nadu, India. The company works in power epc, within the energy and power industry. It was incorporated on 06 February 2021 (5+ years old) and is registered under CIN U29309TZ2021PTC035509.
Mags Energy Solutions has 3 current directors:
- Raghupathy Vathirajan - Director
- Gunasekaran Manimaran - Director
- Ghunasheelan Gunasekaran - Director
The latest financial statements of Mags Energy Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 18 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Mags Energy Solutions is 33AAOCM2769B1ZH, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Mags Energy Solutions is U29309TZ2021PTC035509. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mags Energy Solutions was incorporated on 06 February 2021, making it 5+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Mags Energy Solutions by revenue are Spoorti Technoservices India Private Limited, Enmas Enviro Projects Private Limited, Inventum Power Private Limited, all in the Power industry (EPC, BoP and BTG, Energy Solutions), with the same principal business activity (other professional, scientific and technical activities).
Raghupathy Vathirajan was appointed as Director on 08 Oct 2021. Ghunasheelan Gunasekaran was appointed as Director on 06 Feb 2021. Gunasekaran Manimaran was appointed as Director on 06 Feb 2021.
Mags Energy Solutions can be reached through the website magsenergy.com. Its registered office is in Erode, Tamil Nadu, India.
The registered office of Mags Energy Solutions is at Sfno.48011 48012 Tamilnadu Elementary School Nagar Th T.C. Palayam Bhavani, Erode, Tamil Nadu, India – 638312.
Mags Energy Solutions operates in the energy and power industry, in the power epc segment.
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