Bhatt Magnetics Pvt Ltd

Manufactures and trades various types of transformers and related products.

1991 | Ahmedabad, Gujarat (India) | Active
Last Updated: December 19, 2024

Bhatt Magnetics Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.96 M
  • Company Age 33 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 67.45%
  • Profit Growth 567.52%
  • Ebitda 449.28%
  • Net Worth 169.28%
  • Total Assets 4.78%

About Bhatt Magnetics

Bhatt Magnetics Pvt Ltd (BMPL) is a Private Limited Indian Non-Government Company incorporated in India on 30 April 1991 and has a history of 33 years and nine months. Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Energy And Power Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.96 M, as per Ministry of Corporate Affairs (MCA) records.

Ansuya Bhatt, Mahesh Bhatt, Palak Bhatt, and One other member serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    bhattmagnetics.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29309GJ1991PTC015550

  • Company No.

    015550

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Apr 1991

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Energy and Power

What products or services does Bhatt Magnetics Pvt Ltd offer?

Bhatt Magnetics Pvt Ltd offers a wide range of products and services, including Isolation Transformers, Control Transformers, Power Inductor, Power Transformers, Electrical Panels & Distribution Box, Starter Panel, Transformers, Current Transformers, Electrical Transformer, Instrument Transformers.

Who are the key members and board of directors at Bhatt Magnetics?

Board Members (4)

NameDesignationAppointment DateStatus
Ansuya Bhatt Country flag representing In Director 30-Apr-1991Current
Mahesh Bhatt Country flag representing In Director 01-Aug-1997Current
Palak Bhatt Country flag representing In Director 07-Oct-2020Current
Rachana Bhatt Country flag representing In Director 08-Oct-2020Current

Financial Performance of Bhatt Magnetics.

Bhatt Magnetics Pvt Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 67.45% increase. The company also saw a substantial improvement in profitability, with a 567.52% increase in profit. The company's net worth Soared by an impressive increase of 169.28%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
67.45%
Revenue from Operations
67.88%
Total Assets
4.78%
Profit or Loss
567.52%
Net Worth
169.28%
EBITDA
449.28%

What is the Ownership and Shareholding Structure of Bhatt Magnetics?

In 2021, Bhatt Magnetics had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Bhatt Magnetics?

Bhatt Magnetics has a workforce of 4 employees as of Mar 31, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bhatt Magnetics, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Bhatt Magnetics's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Bhatt Magnetics

Recent activity within the organization

  • Annual General Meeting

    Bhatt Magnetics Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Bhatt Magnetics Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Rachana Maheshkumar Bhatt was appointed as a Director was appointed as a Director on 08 Oct 2020 & has been associated with this company since 4 years 4 months .

    08 Oct 2020

  • Director Appointment

    Palak Snehal Bhatt was appointed as a Director was appointed as a Director on 07 Oct 2020 & has been associated with this company since 4 years 4 months .

    07 Oct 2020

  • Director Appointment

    Mahesh Madanlal Bhatt was appointed as a Director was appointed as a Director on 01 Aug 1997 & has been associated with this company since 27 years 6 months .

    01 Aug 1997

  • Director Appointment

    Ansuya Madanlal Bhatt was appointed as a Director was appointed as a Director on 30 Apr 1991 & has been associated with this company since 33 years 9 months .

    30 Apr 1991

Frequently asked questions

  • Bhatt Magnetics Pvt Ltd was incorporated on 30 Apr 1991.

  • The authorized share capital of Bhatt Magnetics Pvt Ltd is ₹ 1.00 M and paid-up capital is ₹ 0.96 M.

  • Currently 4 directors are associated with Bhatt Magnetics Pvt Ltd.

    • Ansuya Madanlal Bhatt
    • Mahesh Madanlal Bhatt
    • Palak Snehal Bhatt
    • Rachana Maheshkumar Bhatt
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bhatt Magnetics Pvt Ltd is Plot No. -71/P Odhav G.I.D.C Opp. Anukul Estate Ambica Nagar Road, India, Ahmedabad, Gujarat, 382415.

  • The corporate identification number (CIN) of Bhatt Magnetics Pvt Ltd is U29309GJ1991PTC015550 and the company number is 015550 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bhatt Magnetics Pvt Ltd is https://www.bhattmagnetics.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Bhatt Magnetics Pvt Ltd has risen by 67.45%.

  • As Per 2022 financial reports, 4 employees are currently employed by Bhatt Magnetics Pvt Ltd.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Bhatt Magnetics Pvt Ltd has experienced an upsurge of 169.28%.

  • The most recent Balance Sheet for Bhatt Magnetics Pvt Ltd was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Power Equipment Manufacturers