About Miles Magic Automation Private Limited
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Miles Magic Automation Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 28 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74900DL2011PTC216613. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹26 Lakh. It is led by directors Sat Narayan and Alok Kumar.
Its last annual general meeting (AGM) was held on 28 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at C – 1 Lower Ground Kirti Nagar, New Delhi, Delhi, India – 110015.
As per the financials filed for FY 2015, the company reported a revenue of ₹1.02 Cr, a growth of 125% compared to the previous year. For the same year it recorded a net profit of ₹1.9 Lakh (net margin 1.9%) and EBITDA of ₹8.43 Lakh (EBITDA margin 8.3%).
The company is associated with 1 brand: Miles Magic. As per MCA filings, the company has open charges of ₹2.9 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website milesmagic.co.in.
Company details
Contact details
Miles Magic Automation Private Limited's registered office is in New Delhi, Delhi. Its website is milesmagic.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressC – 1 Lower Ground Kirti Nagar, New Delhi, Delhi, India – 110015
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Miles Magic Automation 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
Brands
Miles Magic Automation operates one associated brand: Miles Magic. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Home and building automation solutions are provided in technology and control systems. | milesmagic.co.in |
Financials of Miles Magic Automation Private Limited
FY 2015 filings availableMiles Magic Automation Private Limited reported revenue of ₹1.02 Cr (up 125% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 125% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹1.02 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹8.43 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹1.9 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 8.3% |
| Net Profit Margin | 1.9% |
| 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 Miles Magic Automation Private Limited, buy the company report.
Board of directors of Miles Magic Automation Private Limited
Miles Magic Automation has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sat Narayan Also directs: Miles Magic Impex Private Limited | Director | 20 Mar 2012 | 14 Years 7 Months | Current |
| Alok Kumar Also directs: Miles Magic Impex Private Limited | Director | 28 Mar 2011 | 15 Years 6 Months | Current |
Auditor
Miles Magic Automation Private Limited is audited by V H P & CO for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V H P & CO | FY 2015 | 011399N |
Shareholding
The shareholding of Miles Magic Automation Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Miles Magic Automation Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Jul 2016 | 100045081 | Others | ₹95 Lakh | Open | |
| 05 Jul 2016 | 100045090 | Others | ₹95 Lakh | Open | |
| 11 Mar 2015 | 10555690 | Bank of India | ₹1 Cr | Open |
Total charge records: 3 View all charges
Legal cases
Miles Magic Automation 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 |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, West, Delhi | Civil suit | Filed against the company by Fedex Express Transportations and Supply Chain Services (India) Pvt Ltd | Disposed |
To see the full case history of Miles Magic Automation 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 Miles Magic Automation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Miles Magic Automation has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Miles Magic Automation Private Limited, buy the company report.
Recent activity
Miles Magic Automation Private Limited has 6 board changes on record since 2011: 2 appointments and 4 cessations. The latest: Siddharth Sood ceased to be Director on 31 Dec 2014.
Frequently asked questions
Miles Magic Automation is an active private limited company based in New Delhi, Delhi, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 28 March 2011 (15+ years old) and is registered under CIN U74900DL2011PTC216613.
Miles Magic Automation has 2 current directors:
- Sat Narayan - Director
- Alok Kumar - Director
The latest financial statements of Miles Magic Automation on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 28 September 2015. Year-wise statements from 2015 are in the company report.
No. Miles Magic Automation has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Miles Magic Automation is U74900DL2011PTC216613. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Miles Magic Automation has 1 court case on record: 1 filed against it.
Miles Magic Automation was incorporated on 28 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Delhi.
Siddharth Sood ceased to be Director on 31 Dec 2014. Pradeep Kapur ceased to be Director on 16 Jun 2012. Balbir Singh ceased to be Director on 24 Mar 2012. Miles Magic Automation has 6 board changes on record in total.
Miles Magic Automation can be reached through the website milesmagic.co.in. Its registered office is in New Delhi, Delhi, India.
The registered office of Miles Magic Automation is at C – 1 Lower Ground Kirti Nagar, New Delhi, Delhi, India – 110015.