Magal Machine Tools And Accessories Private Limited

Provides tooling and project solutions for machining and turning centers.

2004 | Bangaluru, Karnataka (India) | Active
Last Updated: January 18, 2025

Who are the key members and board of directors at Magal Machine Tools And Accessories?

Executive Team (1)

NameDesignationAppointment DateStatus
Ramohalli Karthik Country flag representing InManaging Director25-Feb-2005Current

Board Members (1)

NameDesignationAppointment DateStatus
Usha Rao Country flag representing In Director 25-Feb-2005Current

Financial Performance of Magal Machine Tools And Accessories.

Magal Machine Tools And Accessories Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16431.32% increase. The company also saw a substantial improvement in profitability, with a 20102.02% increase in profit. The company's net worth Soared by an impressive increase of 11425.1%.

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
16431.32%
Revenue from Operations
16393.50%
Total Assets
9901.83%
Profit or Loss
20102.02%
Net Worth
11425.10%
EBITDA
12664.03%

Charges (Loans)

Open Charges

₹2.00 M

Satisfied Charges

₹6.50 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.20 Cr

Latest Charge Details

DateLenderAmountStatus
30 Jul 2021Hdfc Bank Limited₹2.00 MOpen
24 Sep 2009Axis Bank Limited₹6.50 MSatisfied

How Many Employees Work at Magal Machine Tools And Accessories?

Unlock and access historical data on people associated with Magal Machine Tools And Accessories, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

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Latest Updates, News, and FAQs on Magal Machine Tools And Accessories

Recent activity within the organization

  • Annual General Meeting

    Magal Machine Tools And Accessories Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Magal Machine Tools And Accessories Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 2.00 M registered on 30 Jul 2021 with Charge ID 100466756 was modified on 28 Apr 2022.

    28 Apr 2022

  • Charges

    A charge registered on 24 Sep 2009 via Charge ID 10180875 with Axis Bank Limited was fully satisfied on 19 Mar 2022.

    19 Mar 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.00 M with Charge ID 100466756 was registered on 30 Jul 2021.

    30 Jul 2021

  • Charges

    A charge with Axis Bank Limited of Rs. 6.50 M registered on 24 Sep 2009 with Charge ID 10180875 was modified on 29 Feb 2012.

    29 Feb 2012

Frequently asked questions

  • Magal Machine Tools And Accessories Private Limited was incorporated on 27 Aug 2004.

  • The authorized share capital of Magal Machine Tools And Accessories Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.25 M.

  • Currently 2 directors are associated with Magal Machine Tools And Accessories Private Limited.

    • Ramohalli Krishnrao Karthik
    • Usha Jaivittal Rao
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magal Machine Tools And Accessories Private Limited is Shop No. 5 6 I Floor Kssidc Special Plot No.19 Stage, Peenya Industrial Estate India, Bangalore, Karnataka, 560058.

  • The corporate identification number (CIN) of Magal Machine Tools And Accessories Private Limited is U51909KA2004PTC034587 and the company number is 034587 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Magal Machine Tools And Accessories Private Limited is https://www.magalmachinetools.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Magal Machine Tools And Accessories Private Limited has risen by 16431.32%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Magal Machine Tools And Accessories Private Limited has experienced an upsurge of 11425.10%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Magal Machine Tools And Accessories Private Limited amount to ₹ 2.00 M.

  • The most recent Balance Sheet for Magal Machine Tools And Accessories Private Limited was filed with the ROC on 31 Mar 2023.