- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0020239

Magtech Mobile Spares Private Limited
About Magtech Mobile Spares Private Limited
Data last updated:
Magtech Mobile Spares Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 06 November 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25190MH1991PTC063917. Its GSTIN is 27AAACM3261A1Z1 (Maharashtra).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹70.38 Lakh. It is led by directors Dilip Madhusudan Niphadkar (Whole-Time Director) and Beena Dilip Niphadkar.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.3 Cr, a growth of 149% compared to the previous year. For the same year it recorded a net profit of ₹1.98 Cr (net margin 21.3%) and EBITDA of ₹4.01 Cr (EBITDA margin 43.1%). Revenue has grown at a compounded annual rate (CAGR) of 43% over three years and 41% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.24 Cr and satisfied charges of ₹3.8 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
Magtech Mobile Spares Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0020239). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Magtech Mobile Spares
Contact details
Magtech Mobile Spares Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressA1/51/603 Adarsh Chs Ltd Yashodham Goregaon Mulund Link Road Goregaon (Eas, T), Mumbai, Maharashtra, India – 400063
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Magtech Mobile Spares 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
Business activity
The main business activities of Magtech Mobile Spares are manufacturing and support service to organizations. In detail, this covers metal and metal products and other support services to organizations. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Magtech Mobile Spares Private Limited, buy the company report.
Financials of Magtech Mobile Spares Private Limited
FY 2025 filings availableMagtech Mobile Spares Private Limited reported revenue of ₹9.3 Cr (up 149% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 41% over five years, including 149% growth in the latest year. EBITDA rose 250% 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 | ₹4.01 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.98 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 43.1% | ||||
| Net Profit Margin | 21.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Magtech Mobile Spares Private Limited, buy the company report.
Board of directors of Magtech Mobile Spares Private Limited
Magtech Mobile Spares has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Beena Dilip Niphadkar | Director | 26 Aug 2013 | 13 Years 2 Months | Current |
| Dilip Madhusudan Niphadkar | Whole-Time Director | 24 Nov 2001 | 24 Years 11 Months | Current |
Peer comparison
Magtech Mobile Spares Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Mobile, Tools and Components), 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 |
|---|---|---|---|---|---|---|
| Rigi Cut Tools Private Limited | ₹9.37 Cr (FY 2024) | 22.0% | Pune, Maharashtra, India | |||
| Magtech Mobile Spares Private Limitedthis company | ₹9.3 Cr (FY 2025) | ₹1.98 Cr | 21.3% | 149.0% | Mumbai, Maharashtra, India | |
| Harsha Engineers Advantek Limited | ₹9.3 Cr (FY 2025) | 329.0% | Sanand, Gujarat, India | |||
| V-Transsystem Technology Private Limited | ₹9.27 Cr (FY 2025) | 78.0% | Pune, Maharashtra, India |
To see the full peer comparison of Magtech Mobile Spares Private Limited, buy the company report.
Auditor
Magtech Mobile Spares Private Limited is audited by KULKARNI & KHANOLKAR for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KULKARNI & KHANOLKAR | FY 2021 | 105407W |
Shareholding
The shareholding of Magtech Mobile Spares Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Magtech Mobile Spares Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Jan 2024 | 100874488 | Others | ₹2 Cr | Open | |
| 02 Nov 2022 | 100648161 | Others | ₹24 Lakh | Open | |
| 12 Oct 2018 | 100215031 | Others | ₹90 Lakh | Satisfied | |
| 31 Mar 2018 | 100175958 | Others | ₹19.1 Lakh | Satisfied | |
| 19 Sep 2014 | 10527386 | Others | ₹90 Lakh | Satisfied |
To see the full charge records of Magtech Mobile Spares Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Magtech Mobile Spares Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Tax appeal | Filed against the company by The Commissioner of Central Excise,Mum | Disposed |
To see the full case history of Magtech Mobile Spares 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 Magtech Mobile Spares Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Magtech Mobile Spares has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM3261A1Z1 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Magtech Mobile Spares Private Limited, buy the company report.
Recent activity
Magtech Mobile Spares Private Limited has 4 board changes on record since 2001: 2 appointments and 2 cessations. The latest: Prabhakar Sakharam Shahane ceased to be Director on 14 May 2014.
7 earlier events are in the company report.
Frequently asked questions
Magtech Mobile Spares is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 06 November 1991 (35+ years old) and is registered under CIN U25190MH1991PTC063917.
Magtech Mobile Spares has 2 current directors:
- Dilip Madhusudan Niphadkar - Whole-Time Director
- Beena Dilip Niphadkar - Director
The latest financial statements of Magtech Mobile Spares 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 Magtech Mobile Spares is 27AAACM3261A1Z1, registered in Maharashtra.
The CIN (Corporate Identification Number) of Magtech Mobile Spares is U25190MH1991PTC063917. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magtech Mobile Spares has 1 court case on record: 1 filed against it.
Magtech Mobile Spares was incorporated on 06 November 1991, making it 35+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Magtech Mobile Spares by revenue are Rigi Cut Tools Private Limited, Harsha Engineers Advantek Limited, V-Transsystem Technology Private Limited, all in the Machinery and Equipment industry (Mobile, Tools and Components), with the same principal business activity (metal and metal products).
Prabhakar Sakharam Shahane ceased to be Director on 14 May 2014. Beena Dilip Niphadkar was appointed as Director on 26 Aug 2013. Beena Dilip Niphadkar ceased to be Additional Director on 26 Aug 2013. Magtech Mobile Spares has 4 board changes on record in total.
Yes, Magtech Mobile Spares is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0020239).
The registered office of Magtech Mobile Spares is at A151603 Adarsh Chs Ltd Yashodham Goregaon Mulund Link Road Goregaon Eas, T, Mumbai, Maharashtra, India – 400063.

