- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-02-0025427

Southern Magnetics Private Limited
About Southern Magnetics Private Limited
Data last updated:
Southern Magnetics Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the industrial compressors and pneumatic systems segment of the machinery and industrial equipment sector. It was incorporated on 18 June 1976 and has been in existence for over 50 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U33111TN1976PTC007157. Its GSTIN is 33AAACS8524L1Z7 (Tamil Nadu).
The company has an authorised share capital of ₹24 Lakh and a paid-up capital of ₹9.66 Lakh. It is led by directors Vaishnavi Baskaran (Whole-Time Director) and Ramkumar Arul Murugan.
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 2/3 Dr. V S I Estate Tiruvanmiyur Madras – 41 Tiruvanmiyur Madras – 41, Chennai, Tamil Nadu, India – 600041.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.54 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹2.24 Lakh (net margin 1.5%) and EBITDA of ₹9.6 Lakh (EBITDA margin 6.2%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 14% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10.54 Lakh on record.
Southern Magnetics Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0025427). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Southern Magnetics
Contact details
Southern Magnetics 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 Address2/3 Dr. V S I Estate Tiruvanmiyur Madras – 41 Tiruvanmiyur Madras – 41, Chennai, Tamil Nadu, India – 600041
- IndustryMachinery and Equipment, Industrial Compressors & Pneumatic Systems
To see the full contact details of Southern Magnetics 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 Southern Magnetics is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Southern Magnetics Private Limited, buy the company report.
Financials of Southern Magnetics Private Limited
FY 2025 filings availableSouthern Magnetics Private Limited reported revenue of ₹1.54 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 6% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 14%. EBITDA rose 52% 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 |
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| EBITDA | ₹9.6 Lakh | ||||
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| Net Profit (PAT) | ₹2.24 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 6.2% | ||||
| Net Profit Margin | 1.5% | ||||
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To see the full financial statements and ratios of Southern Magnetics Private Limited, buy the company report.
Board of directors of Southern Magnetics Private Limited
Southern Magnetics 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 |
|---|---|---|---|---|
| Vaishnavi Baskaran | Whole-Time Director | 01 May 1997 | 29 Years 6 Months | Current |
| Ramkumar Arul Murugan | Director | 01 Jun 1999 | 27 Years 5 Months | Current |
Auditor
Southern Magnetics Private Limited is audited by DHINAKAR & SREE KANTH for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DHINAKAR & SREE KANTH | FY 2016 | 005994S |
Shareholding
The shareholding of Southern Magnetics Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Southern Magnetics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Jan 1987 | 90299645 | Indian Bank | ₹64,000 | Open | |
| 13 Sep 1984 | 90303021 | Indian Bank | ₹2.9 Lakh | Open | |
| 12 May 1981 | 90301498 | Indian Bank | ₹7 Lakh | Open |
To see the full charge records of Southern Magnetics Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Southern Magnetics 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 Southern Magnetics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Southern Magnetics Private Limited has a workforce of 9 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 9 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Southern Magnetics Private Limited, buy the company report.
GST
Southern Magnetics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACS8524L1Z7 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Southern Magnetics Private Limited, buy the company report.
Recent activity
Southern Magnetics Private Limited has 4 board changes on record since 1997: 2 appointments and 2 cessations. The latest: Karumbur Ramakrishna Baskaran ceased to be Director on 23 Feb 2022.
Frequently asked questions
Southern Magnetics is an active private limited company based in Chennai, Tamil Nadu, India. The company works in industrial compressors and pneumatic systems, within the machinery and equipment industry. It was incorporated on 18 June 1976 (50+ years old) and is registered under CIN U33111TN1976PTC007157.
Southern Magnetics has 2 current directors:
- Vaishnavi Baskaran - Whole-Time Director
- Ramkumar Arul Murugan - Director
The latest financial statements of Southern Magnetics 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 Southern Magnetics is 33AAACS8524L1Z7, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Southern Magnetics is U33111TN1976PTC007157. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Southern Magnetics was incorporated on 18 June 1976, making it 50+ years old. It is registered with the Registrar of Companies, Chennai.
Karumbur Ramakrishna Baskaran ceased to be Director on 23 Feb 2022. Suja Baskaran ceased to be Director on 23 Feb 2022. Ramkumar Arul Murugan was appointed as Director on 01 Jun 1999. Southern Magnetics has 4 board changes on record in total.
Yes, Southern Magnetics is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0025427).
The registered office of Southern Magnetics is at 23 Dr. V S I Estate Tiruvanmiyur Madras – 41 Tiruvanmiyur Madras – 41, Chennai, Tamil Nadu, India – 600041.
Southern Magnetics operates in the machinery and equipment industry, in the industrial compressors and pneumatic systems segment.

