East Coast Magnets Private Limited

Manufactures and trades magnetic tools and machines, established in 1997 in Hyderabad.

1997 | Active
Last Updated:

East Coast Magnets Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 4.89 M
  • Company Age 28 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.72 Cr
  • Satisfied Charges ₹ 10.39 Cr
  • Revenue Growth 36.69%
  • Profit Growth -29.00%
  • Ebitda 25.38%
  • Net Worth 3.09%
  • Total Assets -15.31%

About East Coast Magnets

East Coast Magnets Private Limited (ECMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 January 1997 and has a history of 28 years and one month. Its registered office is in Na, Telangana.

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.

Company Details

  • Location Na, Telangana
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sardamagnets.com

  • Social Media

Corporate Identity Details

  • 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

Machinery and Equipment

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)

NameDesignationAppointment DateStatus
Amit Sarda Country flag representing In Director 19-Mar-2012Current
Dhiruj Sarda Country flag representing In Director 17-Jul-2002Current
Indra Sarda Country flag representing In Director 07-Jan-1997Current

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%.

East Coast Magnets revenue growth over time
East Coast Magnets 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
36.69%
Revenue from Operations
36.25%
Total Assets
-15.31%
Profit or Loss
-29.00%
Net Worth
3.09%
EBITDA
25.38%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹77.17 M

Satisfied Charges

₹103.89 M

Charges Breakdown by Lending Institutions

  • Others : 7.72 Cr

Latest Charge Details

DateLenderAmountStatus
07 Jul 2022Others₹4.90 CrOpen
07 Jul 2022Others₹2.82 CrOpen
16 Dec 2020Hdfc Bank Limited₹4.25 MSatisfied
26 Jul 2018Hdfc Bank Limited₹4.84 CrSatisfied
31 Dec 2016Tata Capital Financial Services Limited₹8.65 MSatisfied

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.

Employee growth trends for East Coast Magnets Private Limited

Deals i

Graph showing company valuation over time

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

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 East Coast Magnets

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 49.00 M registered on 07 Jul 2022 with Charge ID 100592343 was modified on 26 Apr 2024.

  • Annual General Meeting

    East Coast Magnets Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    East Coast Magnets Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

  • Charges

    A charge registered on 16 Dec 2020 via Charge ID 100400315 with Hdfc Bank Limited was fully satisfied on 14 Feb 2023.

  • Charges

    A charge registered on 26 Jul 2018 via Charge ID 100242512 with Hdfc Bank Limited was fully satisfied on 14 Feb 2023.

  • Charges

    A charge with Others amounted to Rs. 28.16 M with Charge ID 100596256 was registered on 07 Jul 2022.

Frequently asked questions

  • What is the Incorporation or founding date of East Coast Magnets Private Limited?

    East Coast Magnets Private Limited was incorporated on 07 Jan 1997.

  • What is authorized share capital and paid-up capital of East Coast Magnets Private Limited?

    The authorized share capital of East Coast Magnets Private Limited is ₹ 7.50 M and paid-up capital is ₹ 4.89 M.

  • Who are the current board members & directors of East Coast Magnets Private Limited?

    Currently 3 directors are associated with East Coast Magnets Private Limited.

    • Dhiruj Sarda
    • Amit Sarda
    • Indra Sarda

  • What is the registered address of East Coast Magnets Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of East Coast Magnets Private Limited is 44/1/6 Jeedimetla Industrialestate Phase-1, Hyderabad-55. Telanga India, Na, Telangana.

  • What is the corporate identification number (CIN) and company number of East Coast Magnets Private Limited?

    The corporate identification number (CIN) of East Coast Magnets Private Limited is U29199TG1997PTC040998 and the company number is 040998 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of East Coast Magnets Private Limited?

    The Official website of East Coast Magnets Private Limited is https://www.sardamagnets.com

  • What has been the recent revenue trend for East Coast Magnets Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for East Coast Magnets Private Limited has risen by 36.69%.

  • How many employees does East Coast Magnets Private Limited currently have?

    As Per 2023 financial reports, 29 employees are currently employed by East Coast Magnets Private Limited.

  • What change has been observed in the net worth of East Coast Magnets Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of East Coast Magnets Private Limited has experienced an upsurge of 3.09%.

  • What are the total open charges for East Coast Magnets Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for East Coast Magnets Private Limited amount to ₹ 7.72 Cr.

  • When was the last Balance Sheet of East Coast Magnets Private Limited filed with the ROC?

    The most recent Balance Sheet for East Coast Magnets Private Limited was filed with the ROC on 31 Mar 2023.

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