Everest Magnetics Private Limited

Manufactures and exports magnetic systems for separation and handling.

1983 | Ahmedabad, Gujarat (India) | Active
Last Updated: December 29, 2024

Everest Magnetics Profile

Key Indicators

  • Authorised Capital ₹ 0.30 M
  • Paid Up Capital ₹ 0.15 M
  • Company Age 41 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -28.39%
  • Profit Growth -3.69%
  • Ebitda -22.35%
  • Net Worth 157.51%
  • Total Assets 13.29%

About Everest Magnetics

Everest Magnetics Private Limited (EMPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 August 1983 and has a history of 41 years and five months. Its registered office is in Ahmedabad, Gujarat, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 0.30 M and a paid-up capital of Rs 0.15 M, as per Ministry of Corporate Affairs (MCA) records.

Yadav Pohapsingh and Savitri Yadav serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74140GJ1983PTC006416

  • Company No.

    006416

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Aug 1983

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Everest Magnetics Private Limited offer?

Everest Magnetics Private Limited offers a wide range of products and services, including Conveyor Systems & Components, Conveyor Components, Bar, Neodymium & Permanent Magnets, Magnetic Separators, Lifting Magnets, Separators, Strainers & Purifiers, Vibrating Machines, CNC Machines & Lathe Machine, Lathe Chucks, Cleaning Machines & Equipments.

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

Board Members (2)

Name Designation Appointment Date Status
Yadav Pohapsingh Country flag representing In Director 26-Dec-1994 Current
Savitri Yadav Country flag representing In Director 18-Feb-2011 Current

Financial Performance of Everest Magnetics.

Everest Magnetics Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 28.39% decrease. The company also saw a slight decrease in profitability, with a 3.69% decrease in profit. The company's net worth Soared by an impressive increase of 157.51%.

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
-28.39%
Revenue from Operations
-31.46%
Total Assets
13.29%
Profit or Loss
-3.69%
Net Worth
157.51%
EBITDA
-22.35%

What is the Ownership and Shareholding Structure of Everest Magnetics?

In 2019, Everest 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 Everest Magnetics?

Everest Magnetics has a workforce of 2 employees as of Apr 06, 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 Everest 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 Everest 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 Everest Magnetics

Recent activity within the organization

  • Annual General Meeting

    Everest Magnetics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Everest Magnetics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Savitri Samir Yadav was appointed as a Director was appointed as a Director on 18 Feb 2011 & has been associated with this company since 13 years 11 months .

    18 Feb 2011

  • Director Appointment

    Yadav Samir Pohapsingh was appointed as a Director was appointed as a Director on 26 Dec 1994 & has been associated with this company since 30 years 1 month .

    26 Dec 1994

  • Company Incorporation

    Everest Magnetics Private Limited was registered on 16 Aug 1983 with Roc Ahmedabad & aged 41 years 5 months as per MCA records.

    16 Aug 1983

Frequently asked questions

  • Everest Magnetics Private Limited was incorporated on 16 Aug 1983.

  • The authorized share capital of Everest Magnetics Private Limited is ₹ 0.30 M and paid-up capital is ₹ 0.15 M.

  • Currently 2 directors are associated with Everest Magnetics Private Limited.

    • Yadav Samir Pohapsingh
    • Savitri Samir Yadav
  • As per Ministry of Corporate Affairs (Mca), the registered address of Everest Magnetics Private Limited is L-7 G.I.D.C. Estate Odhav India, Ahmedabad, Gujarat, 382415.

  • The corporate identification number (CIN) of Everest Magnetics Private Limited is U74140GJ1983PTC006416 and the company number is 006416 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Everest Magnetics Private Limited is https://www.everestmagnetics.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Everest Magnetics Private Limited has fallen by -28.39%.

  • As Per 2020 financial reports, 2 employees are currently employed by Everest Magnetics Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Everest Magnetics Private Limited has experienced an upsurge of 157.51%.

  • The most recent Balance Sheet for Everest Magnetics Private Limited was filed with the ROC on 31 Mar 2024.

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