East Coast Magnets Profile
Key Indicators
- Authorised Capital ₹ 7.50 M
as on 24-10-2024
- Paid Up Capital ₹ 4.89 M
as on 24-10-2024
- Company Age 27 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 7.72 Cr
as on 24-10-2024
- Satisfied Charges ₹ 10.39 Cr
as on 24-10-2024
- Revenue 36.69%
(FY 2023)
- Profit -29.00%
(FY 2023)
- Ebitda 25.38%
(FY 2023)
- Net Worth 3.09%
(FY 2023)
- Total Assets -15.31%
(FY 2023)
About East Coast Magnets
The Company is engaged in the Machinery And Equipment Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 7.50 M and a paid-up capital of Rs 4.89 M.
The company currently has active open charges totaling ₹7.72 Cr. The company has closed loans amounting to ₹10.39 Cr, as per Ministry of Corporate Affairs (MCA) records.
Dhiruj Sarda, Amit Sarda, and Indra Sarda serve as directors at the Company.
- CIN/LLPIN
U29199TG1997PTC040998
- Company No.
040998
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
07 Jan 1997
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Company Details
- LocationNa, Telangana
- Telephone
- Email Address
- Website
- Social Media
What products or services does East Coast Magnets Private Limited offer?
East Coast Magnets Private Limited offers a wide range of products and services, including Bar, Neodymium & Permanent Magnets, Ferrite Magnet, Clamps and Clamping Equipment, Clamps, Drills, Grinders, Saws & Power Tools, Magnetic Drilling Machine, Lifting Magnets, Magnetic Separators, Process Control Systems & Equipments, Temperature Controller.
Who are the key members and board of directors at East Coast Magnets?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Amit Sarda  | Director | 19-Mar-2012 | Current |
| Dhiruj Sarda | Director | 17-Jul-2002 | Current |
| Indra Sarda | Director | 07-Jan-1997 | Current |
Financial Performance of East Coast Magnets.
East Coast Magnets Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 36.69% increase. The company also saw a substantial fall in profitability, with a 29% decrease in profit. The company's net worth moved up by a moderate rise of 3.09%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of East Coast Magnets?
In 2023, East Coast Magnets had a promoter holding of 67.69% and a public holding of 32.31%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Indian Machine Tool Manufacturers AssociationActive 51 years 9 monthsDhiruj Sarda is a mutual person
- Magnet Revolution Private LimitedActive 10 months 14 days
Dhiruj Sarda and Amit Sarda are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 07 Jul 2022 | ₹4.90 Cr | Open |
Others Creation Date: 07 Jul 2022 | ₹2.82 Cr | Open |
Hdfc Bank Limited Creation Date: 16 Dec 2020 | ₹4.25 M | Satisfied |
How Many Employees Work at East Coast Magnets?
East Coast Magnets has a workforce of 29 employees as of Apr 08, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of East Coast Magnets, 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 East Coast Magnets's trajectory.
Rating
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
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.
