Merit Systems Private Limited - Company overview

Merit Systems Private Limited is an MCA-registered Indian company: a Private Limited Indian Non-Government Company (CIN U72100KA1995PTC01772…

1995-05-01 Bangalore, Karnataka Active Unlisted Active Compliant
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Key Metrics

AUTHORISED CAPITAL
2.00 cr
PAID-UP CAPITAL
1.68 cr
COMPANY AGE
31 Years 1 Months
since 1995-05-01
LAST FILING WITH ROC
2019-03-31
Last AGM: 2019-09-30
OPEN CHARGES
-
-
SATISFIED CHARGES
-
-
REVENUE
PROFIT / LOSS
EBITDA
NET WORTH
TOTAL ASSETS
TOTAL MONEY RAISED
ACTIVE GST
1
Updated: 2023-02-25 10:11:54

About Merit Systems Private Limited

Merit Systems Private Limited is an MCA-registered Indian company: a Private Limited Indian Non-Government Company (CIN U72100KA1995PTC017720). Business overview includes Information Technology (Application Development & Software Solutions), incorporated on May 01, 1995 (31+ years old), headquartered in Bangalore, Karnataka, India. The company is currently Active with Active Compliant compliance status. For FY 2019, the company reported revenue of ₹77.73 Lakh with a profit of ₹2.82 Lakh. It has 3 active directors.

Application Development & Software Solutions
  • Location #166, 18Th Cross, Mrcr Extension, Vijayanagar, Bangalore, Karnataka - 560040
  • Website meritsystems.com
CIN / LLPINU72100KA1995PTC017720
Company No.017720
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date1995-05-01
Date of AGM2019-09-30
Date of Balance Sheet2019-03-31
Listing StatusUnlisted
ROC CodeRoc Bangalore
PAN
LEI Number
Active ComplianceActive Compliant

Financial Performance of Merit Systems Private Limited

Revenue Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▲ 38.3% Growth (3 Year) ▼ -9.9%
Profit/Loss Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▼ 65.1% Growth (3 Year) ▼ 60.7%
Values are in Mixed (K, L, Cr)
Metrics FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Revenue 2,20,083.04 cr2,35,431.21 cr2,51,890.00 cr2,18,400.00 cr1,95,200.00 cr1,72,000.00 cr1,59,000.00 cr
Profit/Loss 13,969.70 cr 4,810.00 cr 12,200.00 cr 9,100.00 cr -8,200.00 cr 3,200.00 cr 5,100.00 cr
Cash & Bank Balance 38,200.00 cr35,100.00 cr32,000.00 cr28,500.00 cr25,200.00 cr22,000.00 cr19,800.00 cr
Net Worth 1,26,731.94 cr1,37,500.00 cr1,40,200.00 cr1,28,000.00 cr1,15,000.00 cr1,02,000.00 cr95,000.00 cr
EBITDA 27,865.49 cr29,800.00 cr30,200.00 cr27,000.00 cr24,500.00 cr22,000.00 cr20,100.00 cr

Financial Ratios

Revenue P/L EBITDA

Values in Crores (Cr) - illustrative trend

FY 2021 - FY 2025
Key Insights (FY 2025)
Revenue2,20,083.04 cr ▼ 6.5%
Profit/Loss13,969.70 cr ▲ 190.6%
EBITDA27,865.49 cr
Net Profit Margin10.54%
Debt/Equity0.47
Current Ratio0.88
Return on Equity12.3%
Ratio FY 2025FY 2024FY 2023FY 2022FY 2021
Net Profit Margin10.543.202.101.800.50
Debt to EBITDA2.141.901.701.501.20
Interest Coverage Ratio0.470.500.450.400.35
Debt to Equity0.880.900.850.800.75
Return on Equity12.103.002.001.500.20
Current Ratio1.201.151.101.050.99
Quick Ratio0.950.920.880.850.80
EBITDA Margin12.0010.008.007.005.00
Return on Capital Employed8.002.001.000.200.00
Earning Per Share4.000.000.000.000.00

Shareholding Pattern

Shareholding Pattern (FY 2025)
  • Promoters 33.19%
  • DII 23.22%
  • FII 18.28%
  • Public 22.89%
  • Others 2.42%
Shareholding Pattern over the Year
Category 20252024202320222021
Promoters33.19%33.50%33.80%34.00%34.41%
DII23.22%22.90%22.50%22.10%21.80%
FII18.28%18.00%17.60%17.20%16.90%
Public22.89%23.10%23.50%24.00%24.20%
Others2.42%2.50%2.60%2.70%2.69%
Subsidiaries Company (6)
TAYO ROLLS LIMITED
54.91% held
THE TATA PIGMENTS LIMITED
100% held
CERAMAT PRIVATE LIMITED
90% held
BHUSHAN STEEL (SOUTH) LIMITED
100% held
NEELACHAL ISPAT NIGAM LTD
99.68% held
TATA STEEL DOWNSTREAM PRODUCTS LIMITED
100% held

EPFO Establishments (1)

MRNOI0019835000 Closed/All Member Excluded
StatusCode No Allotted Was Before Online Registration Started.
ActivityPaper
StateUttar Pradesh
Coverage07-JUN-1995

Current Directors (3)

K
Managing Director | Since 1995-05-01
K
Director | Since 1995-05-01
L
Director | Since 1995-05-01

Business Activity

Activity GroupDescriptionTurnover %
Information and communication-100

Flagged By Authority

Regulatory and exchange flags (preview)

Frequently Asked Questions about Merit Systems Private Limited
What is CIN of Merit Systems Private Limited?
The Corporate Identification Number (CIN) for Merit Systems Private Limited is U72100KA1995PTC017720. CIN is a distinct identification code allotted by the Registrar of Companies (ROC) under the Ministry of Corporate Affairs (MCA). The company registration number is 017720 as per MCA.
When was Merit Systems Private Limited incorporated?
Merit Systems Private Limited was incorporated 31 years 1 month ago on 01 May 1995.
What is paid-up capital and authorised share capital of Merit Systems Private Limited?
The paid-up capital of Merit Systems Private Limited is ₹ 16,825,000.00 and authorised share capital is ₹ 20,000,000.00.
Who are the current board members and directors of Merit Systems Private Limited?
Currently 3 directors are associated with Merit Systems Private Limited: Kekkar Bhat Ramachandra Sripad, Kanchana Karki, Lakshmi Gopal Rao.
  • Kekkar Bhat Ramachandra Sripad
  • Kanchana Karki
  • Lakshmi Gopal Rao
What is the registered address of Merit Systems Private Limited?
As per Ministry of Corporate Affairs (MCA), the registered address of Merit Systems Private Limited is #166, 18Th Cross, Mrcr Extension, Vijayanagar, Bangalore, Karnataka, 560040, India.
What is the official website of Merit Systems Private Limited?
The official website of Merit Systems Private Limited is https://meritsystems.com.
What is the ROC code of Merit Systems Private Limited?
Merit Systems Private Limited ROC code is Roc Bangalore.
What is the company classification of Merit Systems Private Limited?
Merit Systems Private Limited is classified as Private Limited Indian Non-Government Company.
Merit Systems Private Limited - is it listed or unlisted?
Merit Systems Private Limited is a Unlisted company.
Does Merit Systems Private Limited have subsidiaries?
Merit Systems Private Limited has 1 subsidiary record(s) in available group structure data. See the Ownership section for group structure detail.
What is the current status of Merit Systems Private Limited?
Merit Systems Private Limited is currently Active and registered in Bangalore, Karnataka, India.
What industry or business activity is Merit Systems Private Limited associated with?
Merit Systems Private Limited lists activity aligned with: Information Technology - Application Development & Software Solutions - Information and communication. See the Overview and Competition sections for fuller industry context.
Does Merit Systems Private Limited have GST registrations on file?
Merit Systems Private Limited shows 1 active GST registration signal(s) in compliance overview data. Open the Compliance tab for GSTIN and filing context when your plan allows.
How do I contact Merit Systems Private Limited?
Use the official website at https://meritsystems.com and the registered office address on this profile for corporate contact. Infyner does not publish personal customer-care numbers unless they appear in sourced company records.
What is the turnover or revenue of Merit Systems Private Limited?
Turnover and revenue appear in filed financial statements when available. Open the Financial tab on this profile for revenue, profit or loss, balance sheet metrics, and related MCA filings - not headline estimates.
How can I get the financial details of Merit Systems Private Limited?
You can view revenue, profit or loss, balance sheet metrics, and related filings on the Financial tab of this company profile.
What is the net worth of Merit Systems Private Limited (last filed snapshot)?
As per the latest financial snapshot on file for FY 2019, net worth is about ₹ 1.77 Cr. Verify figures on the Financial tab and supporting filings.