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Magna Automotive India Private Limited is a leading automotive parts manufacturer that serves the global automotive industry. It specializes in providing a wide range of components and systems, including mirror systems, lighting, and body exteriors, contributing to vehicle safety, functionality, and aesthetics while supporting the manufacturing processes of major automotive OEMs.
Magna Automotive India Private Limited, is an unlisted private company incorporated on 07 May, 2009. It is classified as a private subsidiary of a foreign company and is located in , Maharashtra. It's authorized share capital is INR 1,905.30 cr and the total paid-up capital is INR 1,905.27 cr.
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** All rupee values in INR crores. Based on March 2025 numbers.
* GST not included
** Reports & MCA filings will be based on the latest available financials.
** Delivery timelines are on best-effort basis during working hours. Filings 3-4 hours. Reports 24-48 hours.
* INR 349 for 20+ credits purchase
1 credit = one company dashboard
| State | Type | Address |
|---|
| Designation | Name | DIN/PAN | Tenure |
|---|---|---|---|
| Director | Nandkumar Avinash Rangnekar | 07985074 | 8 years |
| Director | Lionel Edward Jordan | 09581963 | 4 years |
| Director | Francis Joseph Obrien | 02449508 | 8 years |
| Director | Pankaj Chowdhary | 07284001 | 11 years |
| Director | . Sandeep Kumar | 09095981 | 5 years |
| Director | Chrimson Johnson Appadurai | 07003112 | 5 years |
| Director | Sudeep Kumar Sinha | 03262254 | 5 years |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Sales | 1,041.9 | 1,760.0 | 2,655.0 | 3,322.4 | 1,655.8 |
| Operating profit | 63.9 | 154.6 | 331.7 | 464.0 | 335.1 |
| Net profit | -73.7 | -22.5 | 415.1 | 210.5 | 325.8 |
| Gross margin | 47.5 | 42.5 | 45.0 | 51.1 | 81.2 |
| Operating margin | 6.1 | 8.8 | 12.5 | 14.0 | 20.2 |
| Net margin | -6.9 | -1.3 | 15.2 | 6.2 | 18.1 |
| Networth | 125.7 | 103.6 | 519.3 | 731.5 | 1,056.8 |
| Borrowings | 778.4 | 838.6 | 823.6 | 603.5 | 61.8 |
| Assets | 1,377.8 | 1,496.3 | 2,031.8 | 2,020.7 | 1,578.3 |
| Debt to equity | 6.2 | 8.1 | 1.6 | 0.8 | 0.1 |
| Current ratio | 1.1 | 1.3 | 1.8 | 0.9 | 2.4 |
| ROE | -58.6 | -21.7 | 79.9 | 28.8 | 30.8 |
| Days payable | 189.0 | 120.0 | 95.0 | 54.0 | 293.0 |
| WC days | 14.0 | 33.0 | 61.0 | -12.0 | 125.0 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 1,905.3 | 1,905.3 | 1,905.3 | 1,905.3 | 1,905.3 |
| Reserves | -1,779.6 | -1,801.7 | -1,386.0 | -1,173.8 | -848.5 |
| Borrowings + | 778.4 | 838.6 | 823.6 | 603.5 | 61.8 |
| Long term borrowings | 699.4 | 758.6 | 790.1 | - | - |
| Short term borrowings | 79.0 | 80.0 | 33.5 | 603.5 | 61.8 |
| Trade payables + | 282.8 | 333.0 | 382.2 | 240.3 | 250.1 |
| Days payable | 189.0 | 120.0 | 95.0 | 54.0 | 293.0 |
| Other liabilities + | 190.9 | 221.1 | 306.8 | 445.4 | 209.7 |
| Other non-current liabilities | 61.1 | 64.9 | 136.0 | 374.1 | 125.0 |
| Other current liabilities | 129.7 | 156.2 | 170.8 | 71.3 | 84.7 |
| Total liabilities | 1,377.8 | 1,496.3 | 2,031.8 | 2,020.7 | 1,578.3 |
| Fixed Assets + | 686.6 | 621.9 | 661.8 | 211.6 | 353.6 |
| Tangible assets | 606.9 | 606.9 | 579.6 | 153.1 | 286.1 |
| CWIP | 76.4 | 13.0 | 78.5 | 51.9 | 51.9 |
| Intangible assets | 3.3 | 2.0 | 3.6 | 6.6 | 15.5 |
| LT loans and advances | - | - | - | - | - |
| Other non-current assets | 158.9 | 145.7 | 342.3 | 1,007.5 | 260.2 |
| Current assets + | 532.3 | 728.6 | 1,027.7 | 801.6 | 964.6 |
| Inventories | 135.7 | 174.3 | 189.9 | 56.7 | 53.4 |
| Trade receivables | 241.9 | 276.6 | 426.1 | 300.3 | 378.1 |
| Cash and cash equivalents | 33.5 | 87.5 | 150.7 | 314.3 | 386.4 |
| ST loans and advances | - | - | - | - | - |
| Other current assets | 121.2 | 190.3 | 261.1 | 130.2 | 146.8 |
| Total assets | 1,377.8 | 1,496.3 | 2,031.8 | 2,020.7 | 1,578.3 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Sales + | 1,041.9 | 1,760.0 | 2,655.0 | 3,322.4 | 1,655.8 |
| Sales growth % | -9.44 | 68.92 | 50.85 | 25.14 | -50.16 |
| Expenses + | 1,135.9 | 1,766.3 | 2,480.9 | 3,064.4 | 1,450.8 |
| Cost of goods | 546.7 | 1,011.8 | 1,461.3 | 1,625.1 | 311.4 |
| Employee cost | 194.1 | 250.1 | 353.9 | 482.2 | 474.0 |
| Other costs | 237.2 | 343.5 | 508.1 | 751.2 | 535.3 |
| Operating profit + | 63.9 | 154.6 | 331.7 | 464.0 | 335.1 |
| Operating margin % | 6.1 | 8.8 | 12.5 | 14.0 | 20.2 |
| Other income | 32.2 | 21.7 | 66.4 | 88.2 | 113.9 |
| Interest | 47.5 | 40.9 | 45.1 | 41.4 | 29.0 |
| Depreciation | 110.3 | 120.0 | 112.5 | 164.5 | 101.1 |
| Exceptional items | - | -40.2 | 94.7 | - | - |
| Profit before tax | -61.8 | -24.8 | 335.1 | 346.3 | 318.9 |
| Tax | 11.9 | -2.3 | -80.0 | 135.8 | 24.4 |
| Profit - disc. ops | - | - | - | - | 31.4 |
| Net profit | -73.7 | -22.5 | 415.1 | 210.5 | 325.8 |
| Net margin % | -6.9 | -1.3 | 15.2 | 6.2 | 18.1 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Solvency + | |||||
| Total Debt/Equity | 6.2 | 8.1 | 1.6 | 0.8 | 0.1 |
| Net Debt/Equity | 5.9 | 7.2 | 1.3 | 0.4 | 0.0 |
| Total Debt/Assets | 0.6 | 0.6 | 0.4 | 0.3 | 0.0 |
| Total Assets/Equity | 11.0 | 14.4 | 3.9 | 2.8 | 1.5 |
| Liquidity + | |||||
| Current Ratio | 1.1 | 1.3 | 1.8 | 0.9 | 2.4 |
| Quick Ratio | 0.8 | 1.0 | 1.4 | 0.8 | 2.3 |
| Interest Coverage | 1.3 | 3.8 | 7.4 | 11.2 | 11.6 |
| Performance | |||||
| Gross Margin | 47.5 | 42.5 | 45.0 | 51.1 | 81.2 |
| Operating Margin | 6.1 | 8.8 | 12.5 | 14.0 | 20.2 |
| Net Margin | -6.9 | -1.3 | 15.2 | 6.2 | 18.1 |
| Return + | |||||
| Return on Equity | -58.6 | -21.7 | 79.9 | 28.8 | 30.8 |
| Pre-tax ROCE | -6.4 | 4.4 | 19.9 | 305.3 | 25.4 |
| Return on Assets | -5.3 | -1.5 | 20.4 | 10.4 | 20.6 |
| Pre-tax ROIC | -5.3 | 4.0 | 18.4 | 29.3 | 22.1 |
| Efficiency + | |||||
| Days Payable | 189.0 | 120.0 | 95.0 | 54.0 | 293.0 |
| Days Inventory | 91.0 | 63.0 | 47.0 | 13.0 | 63.0 |
| Days Receivable | 85.0 | 57.0 | 59.0 | 33.0 | 83.0 |
| Fixed Asset Turnover | 1.5 | 2.8 | 4.0 | 15.7 | 4.7 |
| Total Asset Turnover | 0.8 | 1.2 | 1.3 | 1.6 | 1.1 |
| Working Capital | |||||
| Cash Conversion Cycle | -13.0 | 0.0 | 11.0 | -8.0 | -147.0 |
| Working Capital Days | 14.0 | 33.0 | 61.0 | -12.0 | 125.0 |
As per information available, the company has no registered charges.
| Name | Status | Paid up Capital | Common Directors | Address |
|---|---|---|---|---|
| MAGNA AUTOMOTIVE INDIA PRIVATE LIMITED |
Amalgamated
|
133.6 Cr | 1 | Tamil Nadu |
| STADCO AUTOMOTIVE PRIVATE LIMITED |
Strike Off
|
1.0 L | 1 | Tamil Nadu |
| GRINNTECH MOTORS AND SERVICES PRIVATE LIMITED |
Active
|
2.0 L | 1 | Uttarakhand |
| MAGNA YUMA PRIVATE LIMITED |
Active
|
50.6 Cr | 1 | Karnataka |
| SKH M INDIA PRIVATE LIMITED |
Active
|
30.1 Cr | 1 | Haryana |
| TM AUTOMOTIVE SEATING SYSTEMS PRIVATE LIMITED |
Active
|
18.0 Cr | 1 | Maharashtra |
| GRINNTECH MOTORS AND SERVICES PRIVATE LIMITED |
Active
|
2.0 L | 1 | Karnataka |
| MAGNA ELECTRONICS INDIA PRIVATE LIMITED |
Active
|
140.0 Cr | 1 | Karnataka |
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The incorporation date of MAGNA AUTOMOTIVE INDIA PRIVATE LIMITED is 07 May, 2009
The authorized share capital of MAGNA AUTOMOTIVE INDIA PRIVATE LIMITED is INR ₹ 1,905.3 Cr.
The paid-up capital of MAGNA AUTOMOTIVE INDIA PRIVATE LIMITED is INR ₹ 1,905.3 Cr.
The registered address of MAGNA AUTOMOTIVE INDIA PRIVATE LIMITED is 1st Floor, Kapil Zenith, Sr. N. 55, Hissa No. 1, Bavdhan Khurd, Mulshi, Bavdhan, Pune, Pune City, Maharashtra, India, 411021 - 411021
The CIN number of MAGNA AUTOMOTIVE INDIA PRIVATE LIMITED is U34200PN2009FTC133906.