New Engineering Magnates Private Limited
About New Engineering Magnates Private Limited
Data last updated:
New Engineering Magnates Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the electrical services segment of the construction sector. It was incorporated on 09 June 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U29309TN1989PTC017520. Its GSTIN is 18AABCN4377M1ZY (Assam).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3.2 Lakh. It is led by directors Meena Pothen and Sunilpaul.
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 Ground Floor No 12 Thangal Ulvai Street Virugambakkam, Chennai, Tamil Nadu, India – 600092.
As per the financials filed for FY 2024, the company reported a revenue of ₹37.94 Lakh, a growth of 68% compared to the previous year. For the same year it recorded a net loss of ₹15.93 Lakh (net margin -42%) and EBITDA of -₹15.83 Lakh (EBITDA margin -41.7%). Revenue has declined at a compounded annual rate (CAGR) of 34% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
New Engineering Magnates Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressGround Floor No 12 Thangal Ulvai Street Virugambakkam, Chennai, Tamil Nadu, India – 600092
- IndustryConstruction, Electrical Services, Plumbing Services & Construction Specialties, Demolition & Construction Services
To see the full contact details of New Engineering Magnates 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
Business activity
The main business activity of New Engineering Magnates is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of New Engineering Magnates Private Limited, buy the company report.
Financials of New Engineering Magnates Private Limited
FY 2024 filings availableNew Engineering Magnates Private Limited reported revenue of ₹37.94 Lakh (up 68% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 68% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 34%. EBITDA fell 169% 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 |
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| EBITDA | -₹15.83 Lakh | ||||
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| Net Profit (PAT) | -₹15.93 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -41.7% | ||||
| Net Profit Margin | -42% | ||||
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To see the full financial statements and ratios of New Engineering Magnates Private Limited, buy the company report.
Board of directors of New Engineering Magnates Private Limited
New Engineering Magnates has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Meena Pothen Also directs: Euphoria Engineering Solutions Private Limited | Director | 15 Mar 2019 | 7 Years 7 Months | Current |
| Sunilpaul | Director | 09 Jun 1989 | 37 Years 4 Months | Current |
Peer comparison
New Engineering Magnates Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| B P Infrastructure and Equipments Private Limited | ₹37.97 Lakh (FY 2017) | -51.0% | Silchar, Assam, India | |||
| Shri Krishna Medico Services Private Limited | ₹37.96 Lakh (FY 2018) | 345.0% | Jaipur, Rajasthan, India | |||
| RCL Securities Private Limited | ₹37.95 Lakh (FY 2024) | 254.0% | Kolkata, West Bengal, India | |||
| Hinjewadi Constructions Private Limited | ₹37.94 Lakh (FY 2025) | 5.0% | Mumbai, Maharashtra, India | |||
| Asteroid Farvision Power Private Limited | ₹37.94 Lakh (FY 2018) | Ghaziabad, Uttar Pradesh, India | ||||
| New Engineering Magnates Private Limitedthis company | ₹37.94 Lakh (FY 2024) | -₹15.93 Lakh | -42% | 68.0% | Chennai, Tamil Nadu, India | |
| O.S Agro Chemicals Private Limited | ₹37.94 Lakh (FY 2025) | -75.0% | Sri Ganganagar, Rajasthan, India | |||
| Devyog Trading Private Limited | ₹37.94 Lakh (FY 2023) | -20.0% | Mumbai, Maharashtra, India | |||
| Elenmark Products Private Limited | ₹37.94 Lakh (FY 2022) | 1020.0% | B/H Durga Temple, Mumbai, Maharashtra, India | |||
| Arik Lifescience Private Limited | ₹37.93 Lakh (FY 2025) | -5.0% | Dehri, Bihar, India | |||
| Caliber Inno Enterprise Private Limited | ₹37.92 Lakh (FY 2021) | -44.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of New Engineering Magnates Private Limited, buy the company report.
Auditor
New Engineering Magnates Private Limited is audited by S.NARASIMHAN & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.NARASIMHAN & CO | FY 2017 | 020875 |
Shareholding
The shareholding of New Engineering Magnates Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of New Engineering Magnates Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving New Engineering Magnates Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for New Engineering Magnates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
New Engineering Magnates has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 18AABCN4377M1ZY | Assam | Active | 18 Jul 2019 |
To see the full GST registrations and return filing status of New Engineering Magnates Private Limited, buy the company report.
Recent activity
New Engineering Magnates Private Limited has 4 board changes on record since 1989: 2 appointments and 2 cessations. The latest: Marypaul ceased to be Director on 17 May 2019.
Frequently asked questions
New Engineering Magnates is an active private limited company based in Chennai, Tamil Nadu, India. The company works in electrical services, within the construction industry. It was incorporated on 09 June 1989 (37+ years old) and is registered under CIN U29309TN1989PTC017520.
New Engineering Magnates has 2 current directors:
- Meena Pothen - Director
- Sunilpaul - Director
The latest financial statements of New Engineering Magnates 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 New Engineering Magnates is 18AABCN4377M1ZY, registered in Assam.
The CIN (Corporate Identification Number) of New Engineering Magnates is U29309TN1989PTC017520. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
New Engineering Magnates was incorporated on 09 June 1989, making it 37+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of New Engineering Magnates by revenue are B P Infrastructure and Equipments Private Limited, Shri Krishna Medico Services Private Limited, RCL Securities Private Limited, Hinjewadi Constructions Private Limited, Asteroid Farvision Power Private Limited and 5 more, all in the same principal business activity (retail trading).
Marypaul ceased to be Director on 17 May 2019. Meena Pothen was appointed as Director on 15 Mar 2019. Joseph Solomon ceased to be Director on 30 Jun 2008. New Engineering Magnates has 4 board changes on record in total.
The registered office of New Engineering Magnates is at Ground Floor No 12 Thangal Ulvai Street Virugambakkam, Chennai, Tamil Nadu, India – 600092.
New Engineering Magnates operates in the construction industry, in the electrical services segment.
The compliance status of New Engineering Magnates is compliant as of 07 July 2026. The company is actively filing with the Registrar of Companies.
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