About Magicrete Building Solutions Private Limited
Data last updated:
Magicrete Building Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the construction materials segment of the manufacturing sector. It was incorporated on 24 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U26931MH2008PTC243333. Its GSTIN is 27AAFCM5517N1Z2 (Maharashtra). The company holds 13 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹2.76 Cr. It is led by directors including Sourabh Bimalkumar Bansal (Managing Director) and Siddharth Bimal Bansal (Whole-Time Director).
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹392.51 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹26.29 Cr (net margin 6.7%) and EBITDA of ₹52.32 Cr (EBITDA margin 13.3%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 20% over five years.
The company has about 361 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 2 brands: Buildmyghar and Magicrete. As per MCA filings, the company has open charges of ₹226.63 Cr and satisfied charges of ₹199.55 Cr on record. Court records list 79 cases involving the company, including 77 filed by the company and 2 filed against it; 6 cases are pending. The company has 17 deals on record (9 secondary share transfers, 7 funding rounds, 1 rights issue), with disclosed funding of ₹104.83 Cr; the latest was in June 2023. The company has 7 MSME Form 1 returns on record between 2022 and 2023, listing 14 overdue payments to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website magicrete.in.
Company details
CIN history
Magicrete Building Solutions has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U26931MH2008PTC243333, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U26931MH2008PTC243333 | Current |
| U26942GJ2008PTC053677 | Previous |
| U26931GJ2008PTC053677 | Previous |
Contact details
Magicrete Building Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its website is magicrete.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No. 401 4th Floor Sunil Enclave Pereira Hill Road Andheri Kurla Road Andheri E, Ast, Mumbai, Maharashtra, India – 400099
- IndustryManufacturing, Construction Materials
To see the full contact details of Magicrete Building Solutions 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
Magicrete Building Solutions operates two associated brands: Buildmyghar and Magicrete. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates a digital hub for individual home builders in construction projects. | buildmyghar.com | |
| AAC blocks, construction chemicals, and precast solutions are manufactured. | magicrete.in |
Business activity
The main business activities of Magicrete Building Solutions are manufacturing and financial and insurance service. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products and other financial activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | |
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Magicrete Building Solutions Private Limited, buy the company report.
Financials of Magicrete Building Solutions Private Limited
FY 2025 filings availableMagicrete Building Solutions Private Limited reported revenue of ₹392.51 Cr (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 7% growth in the latest year. EBITDA rose 56% 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 | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹52.32 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹26.29 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 | 13.3% | ||||
| Net Profit Margin | 6.7% | ||||
| 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 Magicrete Building Solutions Private Limited, buy the company report.
Board of directors of Magicrete Building Solutions Private Limited
Magicrete Building Solutions has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sourabh Bimalkumar Bansal | Managing Director | 24 Apr 2008 | 18 Years 6 Months | Current |
| Siddharth Bimal Bansal | Whole-Time Director | 24 Apr 2008 | 18 Years 6 Months | Current |
| Sunilkumar Nandlal Roongta Also directs: Shailja Texprints Private Limited | Director | 05 May 2008 | 18 Years 5 Months | Current |
| Prakash Bagla Also directs: Kaanha Boutique LLP, Gunina Realholdings LLP, Simpolo International Private Limited and 5 more | Nominee Director | 14 Mar 2013 | 13 Years 7 Months | Current |
| Puneet Vinod Mittal | Whole-Time Director | 26 Jul 2012 | 14 Years 3 Months | Current |
Auditor
Magicrete Building Solutions Private Limited is audited by Walker Chandiok & Co LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co LLP | FY 2024 | 001076N/N500013 |
Shareholding
The shareholding of Magicrete Building Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Magicrete Building Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Mar 2026 | 101246936 | Others | ₹6.3 Cr | Open | |
| 29 Nov 2024 | 101011062 | Hdfc Bank Limited | ₹30 Lakh | Open | |
| 29 Nov 2024 | 101011070 | Hdfc Bank Limited | ₹30 Lakh | Open | |
| 25 Nov 2024 | 101014684 | Axis Bank Limited | ₹5 Cr | Open | |
| 01 Jan 2024 | 100847286 | Axis Bank Limited | ₹15.25 Cr | Open |
To see the full charge records of Magicrete Building Solutions Private Limited, buy the company report.
Total charge records: 23 View all charges
Deals & funding
Magicrete Building Solutions Private Limited has 17 deals on record (9 secondary share transfers, 7 funding rounds, 1 rights issue), with disclosed funding of ₹104.83 Cr; the latest was in June 2023.
Deals on record (5 of 17)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Sneha Residency Private Limited , Nivedan Realtors Private Limited , Renu Finprop Private Limited |
| Oct 2011 | Funding round | ₹7.5 Cr | Investors: Sneha Residency Private Limited , Nirdesh Trading Pvt Ltd , Nivedan Realtors Private Limited |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: Shailja Tex Print Private Limited, Shree Raghukul Tex Prints Private Limited, an individual Seller: Bildcone Finance Limited, Gokul Vintrade Private Limited , Sharaddha-Jyoti Vanijya Private Ltd |
| Jan 2009 | Funding round | ₹10.58 Cr | Investors: Bildcone Finance Limited, Gokul Vintrade Private Limited , Sharaddha-Jyoti Vanijya Private Ltd |
To see the full deal history of Magicrete Building Solutions Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Magicrete Building Solutions Private Limited has 79 court cases on record: 77 filed by Magicrete Building Solutions, 2 filed against it. 6 cases are pending and 73 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 73 | 1 | 6 |
| NCLT | 4 | 0 | 0 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 79)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South, Delhi | Civil suit | Filed against the company by Lucky Generators Private Limited | Pending |
| District court, SURAT, Gujarat | Criminal complaint | Filed by the company against Value Engineering and Construction LLP. and 2 others | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Adani Electricity Mumbai Ltd. and 8 others | Disposed |
| NCLT, New Delhi Bench Court-III | Insolvency matter | Filed by the company against B L Kashyap and Sons Limited | Disposed |
| NCLT, Kolkata | Insolvency matter | Filed by the company against Simplex Infrastructures Limited | Disposed |
To see the full case history of Magicrete Building Solutions 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
Magicrete Building Solutions Private Limited was last rated by Care on 07 Apr 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 07 Apr 2022 |
To see the full credit ratings and regulatory alerts of Magicrete Building Solutions Private Limited, buy the company report.
MSME payment delays
Magicrete Building Solutions Private Limited has 7 MSME Form 1 returns on record between 2022 and 2023, listing 14 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Structen Prefab Private Limited |
To see the full MSME payment records of Magicrete Building Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Magicrete Building Solutions has 2 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Magicrete Chemical Industries Private Limited | U26990GJ2022PTC131371 | |
| Maxlite Aac Blocks (India) Private Limited | U26990KA2019PTC121148 |
To see the full group structure of Magicrete Building Solutions Private Limited, buy the company report.
Employees & EPFO
Magicrete Building Solutions Private Limited has a workforce of 361 employees on its EPFO records as of Dec 20, 2024, across 1 active EPFO establishment.
GST
Magicrete Building Solutions has 13 GST registrations: 4 active and 9 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCM5517N1Z2 | Maharashtra | Active | 01 Jul 2017 |
| 06AAFCM5517N1Z6 | Haryana | Active | 01 Jul 2017 |
| 24AAFCM5517N1Z8 | Gujarat | Active | 01 Jul 2017 |
| 24AAFCM5517N2Z7 | Gujarat | Active | 13 Feb 2023 |
To see the full GST registrations and return filing status of Magicrete Building Solutions Private Limited, buy the company report.
Recent activity
Magicrete Building Solutions Private Limited has 9 board changes on record since 2008: 5 appointments and 4 cessations. The latest: Adit Harshad Dawda ceased to be Nominee Director on 12 Sep 2026.
43 earlier events are in the company report.
News
Frequently asked questions
Magicrete Building Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in construction materials, within the manufacturing industry. It was incorporated on 24 April 2008 (18+ years old) and is registered under CIN U26931MH2008PTC243333.
Magicrete Building Solutions has 5 current directors:
- Sourabh Bimalkumar Bansal - Managing Director
- Siddharth Bimal Bansal - Whole-Time Director
- Puneet Vinod Mittal - Whole-Time Director
- Sunilkumar Nandlal Roongta - Director
- Prakash Bagla - Nominee Director
The latest financial statements of Magicrete Building Solutions 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 Magicrete Building Solutions is 27AAFCM5517N1Z2, registered in Maharashtra. The company has 13 GST registrations in all, of which 4 are active and 9 are cancelled or inactive. Other active GSTINs include 06AAFCM5517N1Z6 (Haryana), 24AAFCM5517N1Z8 (Gujarat), 24AAFCM5517N2Z7 (Gujarat).
The CIN (Corporate Identification Number) of Magicrete Building Solutions is U26931MH2008PTC243333. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magicrete Building Solutions has 79 court cases on record: 77 filed by the company and 2 filed against it. 6 are pending. Most are in the district courts.
Magicrete Building Solutions was incorporated on 24 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Magicrete Building Solutions has 17 deals on record (9 secondary share transfers, 7 funding rounds, 1 rights issue), with disclosed funding of ₹104.83 Cr; the latest was in June 2023.
Adit Harshad Dawda ceased to be Nominee Director on 12 Sep 2026. Mitin Chandanmal Jain ceased to be Nominee Director on 09 Jun 2025. Vinodkumar Chothmal Mittal ceased to be Director on 27 Sep 2023. Magicrete Building Solutions has 9 board changes on record in total.
Magicrete Building Solutions has 7 MSME Form 1 returns on record between 2022 and 2023, listing 14 overdue payments to 1 micro and small supplier. The latest return was filed on 20 Nov 2023.
Magicrete Building Solutions can be reached through the website magicrete.in. Its registered office is in Mumbai, Maharashtra, India.