Magnetic Meter Systems (India) Limited

Auto component manufacturer since 1994, based in Tamil Nadu.

1994 | Chennai, Tamil Nadu (India) | Active
Last Updated: July 18, 2024

Magnetic Meter Systems (India) Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.60 Cr
  • Company Age 30 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 11.36%
  • Profit Growth -15.85%
  • Ebitda -38.41%
  • Net Worth 12.49%
  • Total Assets 15.77%

About Magnetic Meter Systems (India)

Magnetic Meter Systems (India) Limited (MMSIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 December 1994 and has a history of 30 years and two months. Its registered office is in Chennai, Tamil Nadu, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.60 Cr, as per Ministry of Corporate Affairs (MCA) records.

Jayakar Krishnamurthy, Rekha Raghunathan, Shiva Kumar, and Three other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U33111TN1994PLC029392

  • Company No.

    029392

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 Dec 1994

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Automotive

Who are the key members and board of directors at Magnetic Meter Systems (India)?

Board Members (6)

Name Designation Appointment Date Status
Jayakar Krishnamurthy Country flag representing Us Additional Director 23-Feb-2024 Current
Rekha Raghunathan Country flag representing In Director 05-Mar-2012 Current
Shiva Kumar Country flag representing In Director 05-Mar-2012 Current
Ram Ramamurthy Country flag representing Us Additional Director 07-Mar-2024 Current
Adithya Jayakar Country flag representing Us Additional Director 23-Feb-2024 Current
Peter Langford Country flag representing Gb Additional Director 07-Mar-2024 Current

Financial Performance of Magnetic Meter Systems (India).

Magnetic Meter Systems (India) Limited, for the financial year ended 2016, experienced significant growth in revenue, with a 11.36% increase. The company also saw a substantial fall in profitability, with a 15.85% decrease in profit. The company's net worth Soared by an impressive increase of 12.49%.

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
11.36%
Revenue from Operations
10.19%
Total Assets
15.77%
Profit or Loss
-15.85%
Net Worth
12.49%
EBITDA
-38.41%

What is the Ownership and Shareholding Structure of Magnetic Meter Systems (India)?

In 2017, Magnetic Meter Systems (India) had a promoter holding of 100.00%. The company had 2 Associate Companies. 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 Magnetic Meter Systems (India)?

Magnetic Meter Systems (India) has a workforce of 28 employees as of Mar 29, 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 Magnetic Meter Systems (India), 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 Magnetic Meter Systems (India)'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 Magnetic Meter Systems (India)

Recent activity within the organization

  • Director Appointment

    Ram Ramamurthy was appointed as a Additional Director was appointed as a Additional Director on 07 Mar 2024 & has been associated with this company since 10 months 26 days .

    07 Mar 2024

  • Director Appointment

    Peter Thomas Langford was appointed as a Additional Director was appointed as a Additional Director on 07 Mar 2024 & has been associated with this company since 10 months 26 days .

    07 Mar 2024

  • Director Appointment

    Jayakar Krishnamurthy was appointed as a Additional Director was appointed as a Additional Director on 23 Feb 2024 & has been associated with this company since 11 months 9 days .

    23 Feb 2024

  • Director Appointment

    Adithya Srivastava Jayakar was appointed as a Additional Director was appointed as a Additional Director on 23 Feb 2024 & has been associated with this company since 11 months 9 days .

    23 Feb 2024

  • Annual General Meeting

    Magnetic Meter Systems (India) Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Magnetic Meter Systems (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

Frequently asked questions

  • Magnetic Meter Systems (India) Limited was incorporated on 01 Dec 1994.

  • The authorized share capital of Magnetic Meter Systems (India) Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.60 Cr.

  • Currently 6 directors are associated with Magnetic Meter Systems (India) Limited.

    • Jayakar Krishnamurthy
    • Rekha Raghunathan
    • Shiva Kumar
    • Ram Ramamurthy
    • Adithya Srivastava Jayakar
    • Peter Thomas Langford
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magnetic Meter Systems (India) Limited is Raheja Towers Delta Wing - Unit 705 177 Anna Salai, Chennai, Tamil Nadu, India, 600000.

  • The corporate identification number (CIN) of Magnetic Meter Systems (India) Limited is U33111TN1994PLC029392 and the company number is 029392 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2016, the revenue trend for Magnetic Meter Systems (India) Limited has risen by 11.36%.

  • As Per 2016 financial reports, 28 employees are currently employed by Magnetic Meter Systems (India) Limited.

  • The financial reports for the fiscal year 2016 indicates that The net worth of Magnetic Meter Systems (India) Limited has experienced an upsurge of 12.49%.

  • The most recent Balance Sheet for Magnetic Meter Systems (India) Limited was filed with the ROC on 31 Mar 2023.

Similar Companies Based on Auto Parts & Components