Magus Travel Solutions Private Limited

Magus Travel Solutions Private Limited - transport and logistics in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U63090MH2014PTC252495 Incorporated 27 January 2014 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company transport and logistics MSME · Micro
Data last updated
Revenue · FY 2024
₹1.64 Cr
▲ 12% YoY
Net profit · FY 2024
₹19.6 Lakh
Net margin 12%
EBITDA · FY 2024
₹34.81 Lakh
EBITDA margin 21.2%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹47.5 Lakh
Satisfied ₹50 Lakh
Company age
12 yrs
Est. 2014
Directors on board
2
As per MCA filings

About Magus Travel Solutions Private Limited

Data last updated:

Magus Travel Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the travel and tour services segment of the transport and logistics sector. It was incorporated on 27 January 2014 and has been in existence for over 12 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63090MH2014PTC252495. Its GSTIN is 27AAJCM0467B1ZO (Maharashtra).

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Mohamed Usman Memon (Managing Director) and Abubakar Abdul Gafoor Memon.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 2nd Floor Shop No.1 Ashoka Shopping Centre L.T. Marg Fort, Mumbai, Maharashtra, India – 400001.

As per the financials filed for FY 2024, the company reported a revenue of ₹1.64 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹19.6 Lakh (net margin 12%) and EBITDA of ₹34.81 Lakh (EBITDA margin 21.2%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 1% over five years.

As per MCA filings, the company has open charges of ₹47.5 Lakh and satisfied charges of ₹50 Lakh on record. Court records list 2 cases involving the company, including 2 filed against it; 2 cases are pending.

Magus Travel Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0004553). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website magustravels.com.

Company details

CIN U63090MH2014PTC252495
Registration Number 252495
Incorporation Date 27 January 2014
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0004553

Recognitions & Rankings of Magus Travel Solutions

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-19-0004553

Contact details

Magus Travel Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its website is magustravels.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    2nd Floor Shop No.1 Ashoka Shopping Centre L.T. Marg Fort, Mumbai, Maharashtra, India – 400001
  • Industry
    Transport and Logistics, Travel & Tour Services

To see the full contact details of Magus Travel Solutions Private Limited, buy the company report.

Comprehensive company report
Magus Travel Solutions 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 Magus Travel Solutions is support service to organizations. In detail, this covers travel agency and tour operators.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN3Travel agency and tour operators

To see the full business activity and turnover split of Magus Travel Solutions Private Limited, buy the company report.

Financials of Magus Travel Solutions Private Limited

FY 2024 filings available

Magus Travel Solutions Private Limited reported revenue of ₹1.64 Cr (up 12% YoY) for FY 2024.

Revenue · FY 2024
₹1.64 Cr ▲ 12%
Net profit · FY 2024
₹19.6 Lakh margin 12%
EBITDA · FY 2024
₹34.81 Lakh margin 21.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 3%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 20%
5 years · compounded
▲ 7%

Revenue rose 12% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 13% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹34.81 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹19.6 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin21.2%
Net Profit Margin12%
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 Magus Travel Solutions Private Limited, buy the company report.

Board of directors of Magus Travel Solutions Private Limited

Magus Travel Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Mohamed Usman MemonManaging Director27 Jan 201412 Years 9 MonthsCurrent
Abubakar Abdul Gafoor MemonDirector27 Jan 201412 Years 9 MonthsCurrent

Peer comparison

Magus Travel Solutions Private Limited is compared with the 7 companies closest to it by revenue in the Transport and Logistics industry (Tour and Travel Operators), with the same principal business activity (travel agency and tour operators), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Avn Travels & Exhibitions Private Limited₹1.64 Cr (FY 2025)-4.0%New Delhi, Delhi, India
One Click Travels Private Limited₹1.64 Cr (FY 2025)75.0%Jaipur, Rajasthan, India
Cherishtrip Holidays Private Limited₹1.64 Cr (FY 2025)9.0%New Delhi, Delhi, India
Travel Fair India Private Limited₹1.64 Cr (FY 2024)38.0%Delhi, India
Magus Travel Solutions Private Limitedthis company₹1.64 Cr (FY 2024)₹19.6 Lakh12%12.0%Mumbai, Maharashtra, India
Greenland Journey Private Limited₹1.64 Cr (FY 2024)43.0%Delhi, India
Kalpadeep Holidays and Events Private Limited₹1.63 Cr (FY 2020)39.0%Delhi, India
Oriental Travels Pvt Ltd₹1.63 Cr (FY 2025)-18.0%New Delhi, Delhi, India

To see the full peer comparison of Magus Travel Solutions Private Limited, buy the company report.

Auditor

Magus Travel Solutions Private Limited is audited by DIWAN & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
DIWAN & ASSOCIATESFY 2023115245W

Shareholding

The shareholding of Magus Travel Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Magus Travel Solutions Private Limited, buy the company report.

Charges & borrowings

Open charges
₹47.5 Lakh
Satisfied charges
₹50 Lakh
Breakdown by lending institutions
Others₹0.48 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
26 Sep 2019100296360Others₹47.5 LakhOpen
28 Nov 201410538003Bombay Mercantile Co-Operative Bank Ltd₹50 LakhSatisfied

To see the full charge records of Magus Travel Solutions Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Magus Travel Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Magus Travel Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAJCM0467B1ZOMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Magus Travel Solutions Private Limited, buy the company report.

Recent activity

Magus Travel Solutions Private Limited has 3 board changes on record since 2014: 2 appointments and 1 cessation. The latest: Mohamed Usman Memon ceased to be Director on 10 Oct 2015.

AGM
Magus Travel Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Magus Travel Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge registered on 28 Nov 2014 via Charge ID 10538003 with Bombay Mercantile Co-Operative Bank Ltd was fully satisfied on 27 Oct 2021.
Charges
A charge with Others amounted to Rs. 47.50 Lakh with Charge ID 100296360 was registered on 26 Sep 2019.
Ceased
Mohamed Usman Memon ceased to be Director.
Charges
A charge with Bombay Mercantile Co-Operative Bank Ltd amounted to Rs. 50.00 Lakh with Charge ID 10538003 was registered on 28 Nov 2014.
Appointed
Abubakar Abdul Gafoor Memon was appointed as Director.
Appointed
Mohamed Usman Memon was appointed as Managing Director.
Incorporation
27 Jan 2014
Magus Travel Solutions Private Limited was registered on 27 Jan 2014 with Roc Mumbai & aged 12 years 9 months as per MCA records.

Frequently asked questions

Magus Travel Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in travel and tour services, within the transport and logistics industry. It was incorporated on 27 January 2014 (12+ years old) and is registered under CIN U63090MH2014PTC252495.

Magus Travel Solutions has 2 current directors:

The latest financial statements of Magus Travel Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Magus Travel Solutions is 27AAJCM0467B1ZO, registered in Maharashtra.

The CIN (Corporate Identification Number) of Magus Travel Solutions is U63090MH2014PTC252495. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Magus Travel Solutions has 2 court cases on record: 2 filed against it. 2 are pending.

Magus Travel Solutions was incorporated on 27 January 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Magus Travel Solutions by revenue are Avn Travels & Exhibitions Private Limited, One Click Travels Private Limited, Cherishtrip Holidays Private Limited, Travel Fair India Private Limited, Greenland Journey Private Limited and 2 more, all in the Transport and Logistics industry (Tour and Travel Operators), with the same principal business activity (travel agency and tour operators).

Mohamed Usman Memon ceased to be Director on 10 Oct 2015. Abubakar Abdul Gafoor Memon was appointed as Director on 27 Jan 2014. Mohamed Usman Memon was appointed as Managing Director on 27 Jan 2014.

Yes, Magus Travel Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0004553).

Magus Travel Solutions can be reached through the website magustravels.com. Its registered office is in Mumbai, Maharashtra, India.