MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-DL-01-0013494
Magtronic Devices Pvt Ltd - information technology in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.13 Cr
▼ 33% YoY
Net profit · FY 2024
₹20.67 Lakh
Net margin 9.7%
EBITDA · FY 2024
₹24.51 Lakh
EBITDA margin 11.5%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.2 Cr
Issued & subscribed
Company age
43 yrs
Est. 1983
Directors on board
2
As per MCA filings
Active GSTINs
1
of 2 registered
About Magtronic Devices Pvt Ltd
Data last updated:
Magtronic Devices Pvt Ltd is a private limited company based in New Delhi, Delhi, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 16 April 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U29219DL1983PTC359963. Its GSTIN is 07AABCM0702D1Z8 (Delhi). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.2 Cr. It is led by directors Prem Lata Sethia (Whole-Time Director) and Kamal Sethia.
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 4771 Bharat Ram Road 23 Daryaganj, New Delhi, Delhi, India – 110002.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.13 Cr, a decline of 33% compared to the previous year. For the same year it recorded a net profit of ₹20.67 Lakh (net margin 9.7%) and EBITDA of ₹24.51 Lakh (EBITDA margin 11.5%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 10% over five years.
The company is associated with 2 brands: Elin India and Vonia Headsets. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
Magtronic Devices Pvt Ltd is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-01-0013494). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website voniaheadsets.com.
Company details
CIN U29219DL1983PTC359963
Registration Number 359963
Incorporation Date 16 April 1983
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-DL-01-0013494
CIN history
Magtronic Devices has one previous CIN (Corporate Identification Number): U29219HP1983PTC005404. The current CIN is U29219DL1983PTC359963, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29219DL1983PTC359963 | Current |
| U29219HP1983PTC005404 | Previous |
Recognitions & Rankings of Magtronic Devices
Contact details
Magtronic Devices Pvt Ltd's registered office is in New Delhi, Delhi. Its website is voniaheadsets.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address4771 Bharat Ram Road 23 Daryaganj, New Delhi, Delhi, India – 110002
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Magtronic Devices Pvt Ltd, buy the company report.
Comprehensive company report
Magtronic Devices Pvt Ltd - 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Magtronic Devices operates two associated brands: Elin India and Vonia Headsets. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of fractional horsepower motors and electronic manufacturing services | elinindia.com | |
| Distribution of professional headsets and communication solutions for call centers. | voniaheadsets.com |
Business activity
The main business activity of Magtronic Devices is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Magtronic Devices Pvt Ltd, buy the company report.
Financials of Magtronic Devices Pvt Ltd
FY 2025 filings availableMagtronic Devices Pvt Ltd reported revenue of ₹2.13 Cr (down 33% YoY) for FY 2024.
Revenue · FY 2024
₹2.13 Cr ▼ 33%
Net profit · FY 2024
₹20.67 Lakh margin 9.7%
EBITDA · FY 2024
₹24.51 Lakh margin 11.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 33%
3 years · compounded
▼ 18%
5 years · compounded
▼ 10%
EBITDA CAGR growth
1 year
▼ 27%
3 years · compounded
▼ 42%
5 years · compounded
▼ 21%
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 33% fall in the latest year. EBITDA fell 27% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹24.51 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹20.67 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 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.5% | ||||
| Net Profit Margin | 9.7% | ||||
| 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 Magtronic Devices Pvt Ltd, buy the company report.
Board of directors of Magtronic Devices Pvt Ltd
Magtronic Devices has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prem Lata Sethia | Whole-Time Director | 22 Oct 2020 | 6 Years 0 Months | Current |
| Kamal Sethia Also directs: Elin Electronics Ltd., Kanchan Commercial Co Pvt Ltd | Director | 22 May 2018 | 8 Years 5 Months | Current |
Auditor
Magtronic Devices Pvt Ltd is audited by Oswal Sunil & Company for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Oswal Sunil & Company | FY 2022 | 016520N |
Shareholding
The shareholding of Magtronic Devices Pvt Ltd 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 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Magtronic Devices Pvt Ltd, buy the company report.
Legal cases
Magtronic Devices Pvt Ltd has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Total cases
2
Filed against the company
2
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State of U.P. | Pending |
| District court, Solan, Himachal Pradesh | Execution petition | Filed against the company by an individual | Disposed |
To see the full case history of Magtronic Devices Pvt Ltd, 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 Magtronic Devices Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Magtronic Devices has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCM0702D1Z8 | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Magtronic Devices Pvt Ltd, buy the company report.
Recent activity
Magtronic Devices Pvt Ltd has 7 board changes on record since 2018: 2 appointments and 5 cessations. The latest: Prem Lata Sethia ceased to be Additional Director on 01 Jan 2021.
AGM
Magtronic Devices Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Magtronic Devices Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi Ii.
Ceased
Prem Lata Sethia ceased to be Additional Director.
Appointed
Prem Lata Sethia was appointed as Whole-Time Director.
Ceased
Sharad Sethia ceased to be Director.
Ceased
Kamal Sethia ceased to be Additional Director.
Appointed
Kamal Sethia was appointed as Director.
Ceased
Mangilall Sethia ceased to be Director.
Ceased
Budhsingh Sethia ceased to be Director.
Incorporation
16 Apr 1983
Magtronic Devices Pvt Ltd was registered on 16 Apr 1983 with Roc Delhi Ii & aged 43 years 6 months as per MCA records.
Frequently asked questions
Magtronic Devices is an active private limited company based in New Delhi, Delhi, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 16 April 1983 (43+ years old) and is registered under CIN U29219DL1983PTC359963.
Magtronic Devices has 2 current directors:
- Prem Lata Sethia - Whole-Time Director
- Kamal Sethia - Director
The latest financial statements of Magtronic Devices 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 Magtronic Devices is 07AABCM0702D1Z8, registered in Delhi. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Magtronic Devices is U29219DL1983PTC359963. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magtronic Devices has 2 court cases on record: 2 filed against it. 1 is pending.
Magtronic Devices was incorporated on 16 April 1983, making it 43+ years old. It is registered with the Registrar of Companies, Delhi.
Prem Lata Sethia ceased to be Additional Director on 01 Jan 2021. Prem Lata Sethia was appointed as Whole-Time Director on 22 Oct 2020. Sharad Sethia ceased to be Director on 19 Oct 2020. Magtronic Devices has 7 board changes on record in total.
Yes, Magtronic Devices is registered as a micro enterprise under Udyam registration (number: UDYAM-DL-01-0013494).
Magtronic Devices can be reached through the website voniaheadsets.com. Its registered office is in New Delhi, Delhi, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages