Magna Engineering Products Profile
Key Indicators
- Authorised Capital ₹ 1.50 M
as on 25-06-2024
- Paid Up Capital ₹ 1.20 M
as on 25-06-2024
- Company Age 37 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.97 Cr
as on 25-06-2024
- Satisfied Charges ₹ 2.39 M
as on 25-06-2024
- Revenue 11.24%
(FY 2023)
- Profit 77.36%
(FY 2023)
- Ebitda 2436.12%
(FY 2023)
- Net Worth 6.20%
(FY 2023)
- Total Assets -9.14%
(FY 2023)
About Magna Engineering Products
The Company is engaged in the Energy And Power 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 1.50 M and a paid-up capital of Rs 1.20 M.
The company currently has active open charges totaling ₹1.97 Cr. The company has closed loans amounting to ₹2.39 M, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Magna Engineering Products Pvt Ltd India is Vishnu Kakarala as CEO. Venkatanjan Kakarala, Vishnu Kakarala, and Vasudha Kakarala serve as directors at the Company.
- CIN/LLPIN
U74210AP1987PTC007283
- Company No.
007283
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
18 Mar 1987
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Company Details
- Location
Andhra Pradesh, Andhra Pradesh, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Magna Engineering Products?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vishnu Kakarala | CEO | 20-Jun-2022 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Venkatanjan Kakarala  | Whole-Time Director | 16-Aug-1988 | Current |
| Vasudha Kakarala | Director | 10-Mar-2010 | Current |
Financial Performance and Corporate Structure Insights of Magna Engineering Products.
Magna Engineering Products Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 11.24% increase. The company also saw a substantial improvement in profitability, with a 77.36% increase in profit. The company's net worth moved up by a moderate rise of 6.2%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Magna Engineering Products?
In 2023, Magna Engineering Products had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Mohan Mercantile India Private LimitedActive 10 years 3 monthsVenkatanjan Kakarala is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
State Bank Of India Creation Date: 23 Mar 1990 | ₹1.97 Cr | Open |
State Bank Of India Creation Date: 18 Mar 2006 | ₹2.20 M | Satisfied |
State Bank Of India Creation Date: 25 Mar 1998 | ₹0.19 M | Satisfied |
How Many Employees Work at Magna Engineering Products?
Magna Engineering Products has a workforce of 17 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 Magna Engineering Products, 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 Magna Engineering Products'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.
