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About Techmagix IT Solutions (India) Private Limited
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Techmagix IT Solutions (India) Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 24 January 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2006PTC048873. Its GSTIN is 36AACCT3804A2ZV (Telangana). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4 Lakh. It is led by directors Padma Raju Nayani and Sama Narender Reddy.
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 Hyderabad, Telangana.
As per the financials filed for FY 2023, the company reported a revenue of ₹60,000. For the same year it recorded a net loss of ₹1.63 Lakh (net margin -271%) and EBITDA of -₹1.63 Lakh (EBITDA margin -271%). Revenue has declined at a compounded annual rate (CAGR) of 75% over three years and 30% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website techmagix.com.
Company details
CIN history
Techmagix IT Solutions (India) has one previous CIN (Corporate Identification Number): U72200AP2006PTC048873. The current CIN is U72200TG2006PTC048873, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2006PTC048873 | Current |
| U72200AP2006PTC048873 | Previous |
Contact details
Techmagix IT Solutions (India) Private Limited's registered office is in Hyderabad, Telangana. Its website is techmagix.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address6 – 2 – 12 Sivaram Pally Near Municipality Ward Ofice Rajendra N, Agar, Hyderabad, Telangana, India – 500052
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Techmagix IT Solutions (India) 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 Techmagix IT Solutions (India) is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Techmagix IT Solutions (India) Private Limited, buy the company report.
Financials of Techmagix IT Solutions (India) Private Limited
FY 2024 filings availableTechmagix IT Solutions (India) Private Limited reported revenue of ₹60,000 for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 30% over five years. EBITDA rose 39% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹1.63 Lakh | ||||
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| Net Profit (PAT) | -₹1.63 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | -271% | ||||
| Net Profit Margin | -271% | ||||
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To see the full financial statements and ratios of Techmagix IT Solutions (India) Private Limited, buy the company report.
Board of directors of Techmagix IT Solutions (India) Private Limited
Techmagix IT Solutions (India) 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 |
|---|---|---|---|---|
| Padma Raju Nayani | Director | 21 Jan 2019 | 7 Years 9 Months | Current |
| Sama Narender Reddy | Director | 21 Jan 2019 | 7 Years 9 Months | Current |
Auditor
Techmagix IT Solutions (India) Private Limited is audited by B SRINIVASA RAO & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B SRINIVASA RAO & CO | FY 2018 | 008763S |
Shareholding
The shareholding of Techmagix IT Solutions (India) Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Techmagix IT Solutions (India) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Techmagix IT Solutions (India) 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 Techmagix IT Solutions (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Techmagix IT Solutions (India) has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AACCT3804A2ZV | Telangana | Active | 23 Oct 2019 |
To see the full GST registrations and return filing status of Techmagix IT Solutions (India) Private Limited, buy the company report.
Recent activity
Techmagix IT Solutions (India) Private Limited has 6 board changes on record since 2019: 2 appointments and 4 cessations. The latest: Padma Raju Nayani ceased to be Additional Director on 28 Sep 2019.
Frequently asked questions
Techmagix IT Solutions (India) is an active private limited company based in Hyderabad, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 24 January 2006 (20+ years old) and is registered under CIN U72200TG2006PTC048873.
Techmagix IT Solutions (India) has 2 current directors:
- Padma Raju Nayani - Director
- Sama Narender Reddy - Director
The latest financial statements of Techmagix IT Solutions (India) 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 Techmagix IT Solutions (India) is 36AACCT3804A2ZV, registered in Telangana. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Techmagix IT Solutions (India) is U72200TG2006PTC048873. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Techmagix IT Solutions (India) was incorporated on 24 January 2006, making it 20+ years old. It is registered with the Registrar of Companies, Hyderabad.
Padma Raju Nayani ceased to be Additional Director on 28 Sep 2019. Sama Narender Reddy ceased to be Additional Director on 28 Sep 2019. Gangadhara Rao Mandava ceased to be Managing Director on 31 Jan 2019. Techmagix IT Solutions (India) has 6 board changes on record in total.
Techmagix IT Solutions (India) can be reached through the website techmagix.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Techmagix IT Solutions (India) is at 6 – 2 – 12 Sivaram Pally Near Municipality Ward Ofice Rajendra N, Agar, Hyderabad, Telangana, India – 500052.
Techmagix IT Solutions (India) operates in the information technology industry, in the IT consulting and support services segment.