MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0278712
Magtik Bharat Private Limited
Magtik Bharat Private Limited - consumer electronics & durables in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.56 Cr
▲ 77% YoY
Net profit · FY 2024
₹5.41 Lakh
Net margin 3.5%
EBITDA · FY 2024
₹7.57 Lakh
EBITDA margin 4.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Magtik Bharat Private Limited
Data last updated:
Magtik Bharat Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 01 June 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31900KA2022PTC161973. Its GSTIN is 29AAPCM8397J1ZC (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Bhupinder Yadav (Managing Director) and Monika Yadav.
Its last annual general meeting (AGM) was held on 30 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at #76/1 Haralur Village Bangalore, Karnataka, India – 560102.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.56 Cr, a growth of 77% compared to the previous year. For the same year it recorded a net profit of ₹5.41 Lakh (net margin 3.5%) and EBITDA of ₹7.57 Lakh (EBITDA margin 4.9%).
Magtik Bharat Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0278712).
Company details
CIN U31900KA2022PTC161973
Registration Number 161973
Incorporation Date 01 June 2022
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 August 2024
Date of Balance Sheet 31 March 2024
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0278712
Recognitions & Rankings of Magtik Bharat
Contact details
Magtik Bharat Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address#76/1 Haralur Village Bangalore, Karnataka, India – 560102
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Magtik Bharat Private Limited, buy the company report.
Comprehensive company report
Magtik Bharat Private Limited - 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 Magtik Bharat is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Magtik Bharat Private Limited, buy the company report.
Financials of Magtik Bharat Private Limited
FY 2024 filings availableMagtik Bharat Private Limited reported revenue of ₹1.56 Cr (up 77% YoY) for FY 2024.
Revenue · FY 2024
₹1.56 Cr ▲ 77%
Net profit · FY 2024
₹5.41 Lakh margin 3.5%
EBITDA · FY 2024
₹7.57 Lakh margin 4.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 77%
EBITDA CAGR growth
1 year
▲ 1%
Revenue rose 77% in the latest year. EBITDA rose 1% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| 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 | ₹7.57 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹5.41 Lakh | |
| 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 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 4.9% | |
| Net Profit Margin | 3.5% | |
| 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 Magtik Bharat Private Limited, buy the company report.
Board of directors of Magtik Bharat Private Limited
Magtik Bharat has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Monika Yadav | Director | 01 Jun 2022 | 4 Years 5 Months | Current |
| Bhupinder Yadav | Managing Director | 01 Jun 2022 | 4 Years 5 Months | Current |
Auditor
Magtik Bharat Private Limited is audited by PSMG & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PSMG & ASSOCIATES | FY 2023 | 401162 |
Shareholding
The shareholding of Magtik Bharat Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Magtik Bharat Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Magtik Bharat 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 Magtik Bharat Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Magtik Bharat Private Limited has 1 active EPFO establishment as of Apr 09, 2024.
Active EPFO establishments
1
GST
Magtik Bharat has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAPCM8397J1ZC | Karnataka | Active | 23 Jun 2022 |
To see the full GST registrations and return filing status of Magtik Bharat Private Limited, buy the company report.
Recent activity
Magtik Bharat Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Bhupinder Yadav was appointed as Managing Director on 01 Jun 2022.
AGM
Magtik Bharat Private Limited last Annual general meeting of members was held on 30 Aug 2024 as per latest MCA records.
Filing
Magtik Bharat Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Bhupinder Yadav was appointed as Managing Director.
Appointed
Monika Yadav was appointed as Director.
Incorporation
01 Jun 2022
Magtik Bharat Private Limited was registered on 01 Jun 2022 with Roc Bangalore & aged 4 years 5 months as per MCA records.
Frequently asked questions
Magtik Bharat is an active private limited company based in Bangalore, Karnataka, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 01 June 2022 (4+ years old) and is registered under CIN U31900KA2022PTC161973.
Magtik Bharat has 2 current directors:
- Bhupinder Yadav - Managing Director
- Monika Yadav - Director
The latest financial statements of Magtik Bharat on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 August 2024. Year-wise statements from FY 2023 are in the company report.
The GSTIN of Magtik Bharat is 29AAPCM8397J1ZC, registered in Karnataka.
The CIN (Corporate Identification Number) of Magtik Bharat is U31900KA2022PTC161973. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magtik Bharat was incorporated on 01 June 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
Bhupinder Yadav was appointed as Managing Director on 01 Jun 2022. Monika Yadav was appointed as Director on 01 Jun 2022.
Yes, Magtik Bharat is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0278712).
The registered office of Magtik Bharat is at #761 Haralur Village Bangalore, Karnataka, India – 560102.
Magtik Bharat operates in the consumer electronics and durables industry, in the electronics manufacturing segment.
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