Magal Engg. Tech Profile
Key Indicators
- Authorised Capital ₹ 40.00 Cr
as on 08-07-2024
- Paid Up Capital ₹ 35.82 Cr
as on 08-07-2024
- Company Age 18 Year, 7 Months
- Last Filing with ROC 31 Mar 2022
- Open Charges ₹ 44.48 Cr
as on 08-07-2024
- Satisfied Charges ₹ 30.30 Cr
as on 08-07-2024
- Revenue 26.36%
(FY 2022)
- Profit 135.03%
(FY 2022)
- Ebitda 46.25%
(FY 2022)
- Net Worth 129.89%
(FY 2022)
- Total Assets -10.95%
(FY 2022)
About Magal Engg. Tech
The Company is engaged in the Automotive Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 40.00 Cr and a paid-up capital of Rs 35.82 Cr.
The company currently has active open charges totaling ₹44.48 Cr. The company has closed loans amounting to ₹30.30 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Magal Engg. Tech Private Limited India is Priyanka Gupta as COMPANY SECRETARY. Vasanthi, Uppuswamy Venkatesh, and Moshe Magal serve as directors at the Company.
- CIN/LLPIN
U34300TN2006PTC059709
- Company No.
059709
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
03 May 2006
- Date of AGM
30 Sep 2022
- Date of Balance Sheet
31 Mar 2022
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Company Details
- Location
Kancheepuram District, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Magal Engg. Tech Private Limited offer?
Magal Engg. Tech Private Limited offers a wide range of products and services, including Automobile Fittings & Components, Automotive Spare Parts, Air Intakes, Exhaust Systems & Parts, Exhaust System & System Components, Brakes & Braking Systems, Motorcycle Brake Part, Engine & Engine Spare Parts, Engine Components, Hydraulic & Pneumatic Machines, Air Regulators.
Who are the key members and board of directors at Magal Engg. Tech?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Priyanka Gupta  | Company Secretary | 19-Feb-2021 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vasanthi | Director | 06-Nov-2020 | Current |
| Uppuswamy Venkatesh | Director | 20-Feb-2010 | Current |
Moshe Magal  | Director | 02-Oct-2006 | Current |
Financial Performance and Corporate Structure Insights of Magal Engg. Tech.
Magal Engg. Tech Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 26.36% increase. The company also saw a substantial improvement in profitability, with a 135.03% increase in profit. The company's net worth Soared by an impressive increase of 129.89%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Magal Engg. Tech?
In 2022, Magal Engg. Tech had a promoter holding of 52.17% and a public holding of 47.83%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Tongrun Magal Engineering India Private LimitedActive 8 years 10 monthsMoshe Magal is a mutual person
Kun Motoren Private LimitedActive 16 years 9 daysVasanthi and Uppuswamy Venkatesh are mutual person
Aadit Auto Company Private LimitedActive 20 years 5 monthsVasanthi and Uppuswamy Venkatesh are mutual person
Kun Aero Space Private LimitedActive 13 years 7 monthsVasanthi and Uppuswamy Venkatesh are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Indian Overseas Bank Creation Date: 16 Aug 2012 | ₹44.48 Cr | Open |
Reliance Consumer Finance Private Limited Creation Date: 30 Jun 2010 | ₹14.00 Cr | Satisfied |
Axis Bank Limited Creation Date: 25 Feb 2008 | ₹15.80 Cr | Satisfied |
How Many Employees Work at Magal Engg. Tech?
Magal Engg. Tech has a workforce of 258 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Magal Engg. Tech, 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 Magal Engg. Tech'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
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