Startup India Government of India
Transcon Magnetics Private Limited
Transcon Magnetics Private Limited - consumer electronics & durables in Nashik, Maharashtra, India. Directors, charges & compliance details.
Revenue · FY 2025
₹3.82 Cr
▲ 31% YoY
Net profit · FY 2025
₹16.32 Lakh
Net margin 4.3%
EBITDA · FY 2025
₹32.68 Lakh
EBITDA margin 8.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹2.6 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
About Transcon Magnetics Private Limited
Data last updated:
Transcon Magnetics Private Limited is a private limited company based in Nashik, Maharashtra, India, recognised as a startup by DPIIT. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 04 June 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31900MH2021PTC361591. Its GSTIN is 27AAICT6506B1ZI (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Shubhankar Kishor Joshi and Abhay Anant Sarvadnya.
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 Flat No. 9 Daksh Avenue Pn 50 Sn 871/12/53 Kamod Nagar Indira Nagar, Nashik, Maharashtra, India – 422009.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.82 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹16.32 Lakh (net margin 4.3%) and EBITDA of ₹32.68 Lakh (EBITDA margin 8.6%). Revenue has grown at a compounded annual rate (CAGR) of 93% over three years.
As per MCA filings, the company has open charges of ₹2.6 Cr on record.
Transcon Magnetics Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-23-0046037).
Company details
CIN U31900MH2021PTC361591
Registration Number 361591
Incorporation Date 04 June 2021
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-23-0046037
Recognitions & Rankings of Transcon Magnetics
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-23-0046037
Contact details
Transcon Magnetics Private Limited's registered office is in Nashik, Maharashtra.
- Registered AddressFlat No. 9 Daksh Avenue Pn 50 Sn 871/12/53 Kamod Nagar Indira Nagar, Nashik, Maharashtra, India – 422009
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
Comprehensive company report
Transcon Magnetics Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Transcon 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 Transcon Magnetics Private Limited, buy the company report.
Financials of Transcon Magnetics Private Limited
FY 2025 filings availableTranscon Magnetics Private Limited reported revenue of ₹3.82 Cr (up 31% YoY) for FY 2025.
Revenue · FY 2025
₹3.82 Cr ▲ 31%
Net profit · FY 2025
₹16.32 Lakh margin 4.3%
EBITDA · FY 2025
₹32.68 Lakh margin 8.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 31%
3 years · compounded
▲ 93%
EBITDA CAGR growth
1 year
▲ 81%
3 years · compounded
▲ 122%
Revenue has grown at a compounded annual rate (CAGR) of 93% over three years, including 31% growth in the latest year. EBITDA rose 81% 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 |
|---|---|---|---|---|
| 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 | ₹32.68 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹16.32 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 8.6% | |||
| Net Profit Margin | 4.3% | |||
| 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 Transcon Magnetics Private Limited, buy the company report.
Board of directors of Transcon Magnetics Private Limited
Transcon Magnetics has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shubhankar Kishor Joshi | Director | 04 Jun 2021 | 5 Years 5 Months | Current |
| Abhay Anant Sarvadnya | Director | 04 Jun 2021 | 5 Years 5 Months | Current |
Peer comparison
Transcon Magnetics Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jindal Electronics Private Limited | ₹3.84 Cr (FY 2024) | 150.0% | Roorkee, Uttarakhand, India | |||
| Erex Mechatronics Private Limited | ₹3.84 Cr (FY 2025) | 62.0% | Chadotar, Gujarat, India | |||
| Transcon Magnetics Private Limitedthis company | ₹3.82 Cr (FY 2025) | ₹16.32 Lakh | 4.3% | 31.0% | Nashik, Maharashtra, India | |
| Indusgear Private Limited | ₹3.82 Cr (FY 2024) | 294.0% | Ranchi, Jharkhand, India | |||
| Shree Shanti Nath Electricals Pvt. Ltd. | ₹3.81 Cr (FY 2024) | -11.0% | Delhi, India | |||
| Nordic Light India Private Limited | ₹3.81 Cr (FY 2025) | -65.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Transcon Magnetics Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.6 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2022 | 100621840 | State Bank of India | ₹2.6 Cr | Open |
To see the full charge records of Transcon Magnetics Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Transcon 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 Transcon Magnetics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Transcon Magnetics has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICT6506B1ZI | Maharashtra | Active | 30 Jun 2021 |
To see the full GST registrations and return filing status of Transcon Magnetics Private Limited, buy the company report.
Recent activity
Transcon Magnetics Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Abhay Anant Sarvadnya was appointed as Director on 04 Jun 2021.
Charges
A charge with State Bank Of India of Rs. 260.00 Lakh registered on 29 Sep 2022 with Charge ID 100621840 was modified on 29 Oct 2025.
AGM
Transcon Magnetics Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Transcon Magnetics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Charges
A charge with State Bank Of India amounted to Rs. 260.00 Lakh with Charge ID 100621840 was registered on 29 Sep 2022.
Appointed
Abhay Anant Sarvadnya was appointed as Director.
Appointed
Shubhankar Kishor Joshi was appointed as Director.
Incorporation
04 Jun 2021
Transcon Magnetics Private Limited was registered on 04 Jun 2021 with Roc Mumbai Ii & aged 5 years 5 months as per MCA records.
Frequently asked questions
Transcon Magnetics is an active private limited company based in Nashik, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 04 June 2021 (5+ years old) and is registered under CIN U31900MH2021PTC361591.
Transcon Magnetics has 2 current directors:
- Shubhankar Kishor Joshi - Director
- Abhay Anant Sarvadnya - Director
The latest financial statements of Transcon 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 FY 2022 are in the company report.
The GSTIN of Transcon Magnetics is 27AAICT6506B1ZI, registered in Maharashtra.
The CIN (Corporate Identification Number) of Transcon Magnetics is U31900MH2021PTC361591. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Transcon Magnetics was incorporated on 04 June 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Transcon Magnetics by revenue are Jindal Electronics Private Limited, Erex Mechatronics Private Limited, Indusgear Private Limited, Shree Shanti Nath Electricals Pvt. Ltd, Nordic Light India Private Limited, all in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Abhay Anant Sarvadnya was appointed as Director on 04 Jun 2021. Shubhankar Kishor Joshi was appointed as Director on 04 Jun 2021.
Yes, Transcon Magnetics is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Transcon Magnetics is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-23-0046037).
The registered office of Transcon Magnetics is at Flat No. 9 Daksh Avenue Pn 50 Sn 8711253 Kamod Nagar Indira Nagar, Nashik, Maharashtra, India – 422009.
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