MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-TN-11-0007021
Magtorq Private Limited - automotive in Hosur, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹68.78 Cr
▲ 12% YoY
Net profit · FY 2025
₹3.13 Cr
Net margin 4.6%
EBITDA · FY 2025
₹7.3 Cr
EBITDA margin 10.6%
Authorised capital
₹24 Lakh
Registered with MCA
Paid-up capital
₹21 Lakh
Issued & subscribed
Open charges
₹50.42 Cr
Satisfied ₹33.61 Cr
Company age
37 yrs
Est. 1989
Employees · EPFO
186
Provident fund records
About Magtorq Private Limited
Data last updated:
Magtorq Private Limited is a private limited company based in Hosur, Tamil Nadu, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 13 June 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U02520TZ1989PTC002458. Its GSTIN is 33AABCM4116B1Z9 (Tamil Nadu).
The company has an authorised share capital of ₹24 Lakh and a paid-up capital of ₹21 Lakh. It was formerly known as Magtorq Power Clutches Private Limited. It is led by directors including Ajit Narayan (Managing Director) and Pantallore Vadikketil Narayanan Kutty (Managing Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 58 C Sipcotindustrial Complex Hosur, Tamil Nadu, India – 635126.
As per the financials filed for FY 2025, the company reported a revenue of ₹68.78 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹3.13 Cr (net margin 4.6%) and EBITDA of ₹7.3 Cr (EBITDA margin 10.6%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 17% over five years.
The company has about 186 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Magtorq. As per MCA filings, the company has open charges of ₹50.42 Cr and satisfied charges of ₹33.61 Cr on record. Court records list 7 cases involving the company, including 4 filed by the company and 3 filed against it. The company has 3 deals on record (3 secondary share transfers); the latest was in September 2012.
Magtorq Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-11-0007021). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website magtorq.org.
Company details
CIN U02520TZ1989PTC002458
Registration Number 002458
Incorporation Date 13 June 1989
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TN-11-0007021
Key People
Ajit Narayan Managing Director Pantallore Vadikketil Narayanan Kutty Managing Director Deepak Sankhla Nominee Director Recognitions & Rankings of Magtorq
Contact details
Magtorq Private Limited's registered office is in Hosur, Tamil Nadu. Its website is magtorq.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address58 C Sipcotindustrial Complex Hosur, Tamil Nadu, India – 635126
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Magtorq Private Limited, buy the company report.
Comprehensive company report
Magtorq 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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Brands
Magtorq operates one associated brand: Magtorq. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Gearbox design, manufacture, and export services in the industrial sector. | magtorq.org |
Business activity
The main business activity of Magtorq is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Magtorq Private Limited, buy the company report.
Financials of Magtorq Private Limited
FY 2025 filings availableMagtorq Private Limited reported revenue of ₹68.78 Cr (up 12% YoY) for FY 2025.
Revenue · FY 2025
₹68.78 Cr ▲ 12%
Net profit · FY 2025
₹3.13 Cr margin 4.6%
EBITDA · FY 2025
₹7.3 Cr margin 10.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 12%
5 years · compounded
▲ 17%
EBITDA CAGR growth
1 year
▼ 19%
3 years · compounded
▲ 14%
5 years · compounded
▲ 31%
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 12% growth in the latest year. EBITDA fell 19% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹68.78 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹7.3 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.13 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.6% | ||||
| Net Profit Margin | 4.6% | ||||
| 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 Magtorq Private Limited, buy the company report.
Board of directors of Magtorq Private Limited
Magtorq has 5 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajit Narayan | Managing Director | 03 May 2017 | 9 Years 5 Months | Current |
| Pantallore Vadikketil Narayanan Kutty | Managing Director | 04 Jul 1989 | 37 Years 3 Months | Current |
| Deepak Sankhla Also directs: LTH Milcom Private Limited | Nominee Director | 19 Jul 2022 | 4 Years 3 Months | Current |
| Arun Taro Ramchandani | Nominee Director | 24 Apr 2017 | 9 Years 6 Months | Current |
| Manjeri Parameswaran Anantram | Director | 12 Aug 2010 | 16 Years 2 Months | Current |
Auditor
Magtorq Private Limited is audited by R. Harlalka and Co., for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. Harlalka and Co., | FY 2024 | 320085E |
Shareholding
The shareholding of Magtorq Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Magtorq Private Limited, buy the company report.
Charges & borrowings
Open charges
₹50.42 Cr
Satisfied charges
₹33.61 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Mar 2015 | 10578762 | Canara Bank | ₹50.15 Cr | Open | |
| 15 Mar 2002 | 90003875 | Canara Bank | ₹1.4 Lakh | Open | |
| 19 Nov 2001 | 90003812 | The Tamil Nadu Industrial Investment Corporation Ltd. | ₹20.23 Lakh | Open | |
| 30 Oct 1995 | 90002846 | The Tamil Nadu Industrial Investment Corporation Ltd. | ₹4.95 Lakh | Open | |
| 27 Nov 2012 | 10396683 | Icici Bank Limited | ₹12.94 Cr | Satisfied |
To see the full charge records of Magtorq Private Limited, buy the company report.
Total charge records: 15 View all charges
Deals & funding
Magtorq Private Limited has 3 deals on record (3 secondary share transfers); the latest was in September 2012.
Total deals
3
Secondary share transfers
3
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2012 | Secondary share transfer | Undisclosed | Buyer: Larsen and Toubro Limited Seller: L & T Capital Company Limited |
| Aug 2010 | Secondary share transfer | Undisclosed | Buyer: L & T Capital Company Limited Seller: 3 individuals |
| Jul 2010 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Magtorq Private Limited has 7 court cases on record: 4 filed by Magtorq, 3 filed against it. All cases are disposed.
Total cases
7
Filed by the company
4
Filed against the company
3
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 3 | 0 |
Cases on record (4 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Civil suit | Filed against the company by Commissioner of Income | Disposed |
| High Court, TAMIL NADU | Civil suit | Filed against the company by Commissioner of Income Tax | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against individuals | Disposed |
| High Court, TAMIL NADU | Court case (WPMP) | Filed by the company against individuals | Disposed |
To see the full case history of Magtorq 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.
Credit ratings & regulatory alerts
Magtorq Private Limited was last rated by Crisil on 28 Nov 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 28 Nov 2020 |
To see the full credit ratings and regulatory alerts of Magtorq Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Magtorq Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Magtorq has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
1
Subsidiary companies
1
Associated companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Magtorq Engineering Solutions Private Limited | U29199TZ2007PTC013875 |
To see the full group structure of Magtorq Private Limited, buy the company report.
Employees & EPFO
Magtorq Private Limited has a workforce of 186 employees on its EPFO records as of Oct 08, 2025, across 1 active EPFO establishment.
Employee count
186
Active EPFO establishments
1
Employee growth
24%
GST
Magtorq has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCM4116B1Z9 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Magtorq Private Limited, buy the company report.
Recent activity
Magtorq Private Limited has 12 board changes on record since 1989: 5 appointments and 7 cessations. The latest: Vaishali Prasad Koparkar ceased to be Nominee Director on 20 Jul 2022.
AGM
Magtorq Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Magtorq Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Coimbatore.
Charges
A charge with Canara Bank of Rs. 5,015.00 Lakh registered on 06 Mar 2015 with Charge ID 10578762 was modified on 22 Jan 2025.
Ceased
Vaishali Prasad Koparkar ceased to be Nominee Director.
Appointed
Deepak Sankhla was appointed as Nominee Director.
Ceased
Walajapet Paththangi Parthasarathy ceased to be Nominee Director.
Appointed
Ajit Narayan was appointed as Managing Director.
Appointed
Arun Taro Ramchandani was appointed as Nominee Director.
Ceased
Jayant Damodar Patil ceased to be Nominee Director.
Charges
A charge registered on 27 Nov 2012 via Charge ID 10396683 with Icici Bank Limited was fully satisfied on 16 Nov 2016.
Ceased
Satish Achyut Gune ceased to be Nominee Director.
Charges
A charge with Canara Bank amounted to Rs. 5,015.00 Lakh with Charge ID 10578762 was registered on 06 Mar 2015.
36 earlier events are in the company report.
Frequently asked questions
Magtorq is an active private limited company based in Hosur, Tamil Nadu, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 13 June 1989 (37+ years old) and is registered under CIN U02520TZ1989PTC002458.
Magtorq has 5 current directors:
- Ajit Narayan - Managing Director
- Pantallore Vadikketil Narayanan Kutty - Managing Director
- Deepak Sankhla - Nominee Director
- Arun Taro Ramchandani - Nominee Director
- Manjeri Parameswaran Anantram - Director
The latest financial statements of Magtorq on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Magtorq is 33AABCM4116B1Z9, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Magtorq is U02520TZ1989PTC002458. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magtorq has 7 court cases on record: 4 filed by the company and 3 filed against it.
Magtorq was incorporated on 13 June 1989, making it 37+ years old. It is registered with the Registrar of Companies, Coimbatore.
Magtorq has 3 deals on record (3 secondary share transfers); the latest was in September 2012.
Vaishali Prasad Koparkar ceased to be Nominee Director on 20 Jul 2022. Deepak Sankhla was appointed as Nominee Director on 19 Jul 2022. Walajapet Paththangi Parthasarathy ceased to be Nominee Director on 11 Dec 2017. Magtorq has 12 board changes on record in total.
Yes, Magtorq is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-11-0007021).
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