Merlin Projects Ltd. - Company overview

Merlin Projects is an MCA-registered Indian company: a Public Limited Indian Non-Government Company (CIN U70109WB1984PLC038040). Business ov…

1984-10-11 Kolkata, West Bengal Active Unlisted Active Compliant
View plans
MP Merlin Projects Ltd.

Key Metrics

AUTHORISED CAPITAL
12.00 cr
PAID-UP CAPITAL
7.63 cr
COMPANY AGE
41 Years 7 Months
since 1984-10-11
LAST FILING WITH ROC
2024-03-31
Last AGM: 2024-09-30
OPEN CHARGES
17
166.05 cr
SATISFIED CHARGES
33
826.08 cr
REVENUE
PROFIT / LOSS
EBITDA
NET WORTH
TOTAL ASSETS
TOTAL MONEY RAISED
ACTIVE GST
2
Updated: 2024-04-17 15:46:03

About Merlin Projects

Merlin Projects is an MCA-registered Indian company: a Public Limited Indian Non-Government Company (CIN U70109WB1984PLC038040). Business overview includes Real Estate and Construction (Real Estate Builders & Developers), incorporated on October 11, 1984 (42+ years old), headquartered in Kolkata, West Bengal, India. The company is currently Active with Active Compliant compliance status. For FY 2023, the company reported revenue of ₹229.93 Cr with a profit of ₹38.68 Cr. It has 6 active directors. The company employs approximately 316 people. Its latest credit rating is A by Icra.

Real Estate Builders & Developers
  • Location Merlin Oxford, 2Nd Floor 22, Prince Anwar Shah Road, Kolkata, West Bengal - 700033
  • Website merlinprojects.com
Name History
CIN / LLPINU70109WB1984PLC038040
Company No.038040
ClassificationPublic Limited Indian Non-Government Company
Incorporation Date1984-10-11
Date of AGM2024-09-30
Date of Balance Sheet2024-03-31
Listing StatusUnlisted
ROC CodeRoc Kolkata
Credit RatingA (Icra)
PAN
LEI Number
Active ComplianceActive Compliant

Financial Performance of Merlin Projects

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 (6)

D
Director | Since 2012-03-02
D
Director | Since 2006-02-06
K
Director | Since 2023-05-15
R
Company Secretary | Since 2018-04-16
C
Director | Since 2022-03-31
S
Managing Director | Since 1986-12-29

Charges Overview

Axis Bank Limited : 127.00 cr
Canara Bank : 1.47 cr
Others : 51.71 Lakh
Open Charges: 17 Satisfied Charges: 33
Open 166.05 cr
Satisfied 826.08 cr
LenderAmountStatus
Others
Creation Date: 24 Oct 2025
18.71 Lakh Open
Canara Bank
Creation Date: 19 Sep 2025
1.47 cr Open
Axis Bank Limited
Creation Date: 26 Aug 2025
127.00 cr Open

Business Activity

Activity GroupDescriptionTurnover %
Construction-100.00

Flagged By Authority

Regulatory and exchange flags (preview)

Frequently Asked Questions about Merlin Projects
What is CIN of Merlin Projects?
The Corporate Identification Number (CIN) for Merlin Projects is U70109WB1984PLC038040. 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 038040 as per MCA.
When was Merlin Projects incorporated?
Merlin Projects was incorporated 41 years 7 months ago on 11 Oct 1984.
What is paid-up capital and authorised share capital of Merlin Projects?
The paid-up capital of Merlin Projects is ₹ 76,333,250.00 and authorised share capital is ₹ 120,000,000.00.
Who are the current board members and directors of Merlin Projects?
Currently 6 directors are associated with Merlin Projects: Dilip Kumar Choudhary, Dinesh G Sanghvi, Khusboo Sethia, Rajib Kumar Das, Charulata Kabra, Sushil Kumar Mohta.
  • Dilip Kumar Choudhary
  • Dinesh G Sanghvi
  • Khusboo Sethia
  • Rajib Kumar Das
  • Charulata Kabra
  • Sushil Kumar Mohta
What is the registered address of Merlin Projects?
As per Ministry of Corporate Affairs (MCA), the registered address of Merlin Projects is Merlin Oxford, 2Nd Floor 22, Prince Anwar Shah Road, Kolkata, West Bengal, 700033, India.
What is the official website of Merlin Projects?
The official website of Merlin Projects is https://merlinprojects.com.
What is the ROC code of Merlin Projects?
Merlin Projects ROC code is Roc Kolkata.
What is the company classification of Merlin Projects?
Merlin Projects is classified as Public Limited Indian Non-Government Company.
Merlin Projects - is it listed or unlisted?
Merlin Projects is a Unlisted company.
What is the current status of Merlin Projects?
Merlin Projects is currently Active and registered in Kolkata, West Bengal, India.
What industry or business activity is Merlin Projects associated with?
Merlin Projects lists activity aligned with: Real Estate and Construction - Real Estate Builders & Developers - Construction. See the Overview and Competition sections for fuller industry context.
How many employees does Merlin Projects have?
Available records indicate roughly 316 employees for Merlin Projects. Confirm against filings and EPFO-related signals on the profile where shown.
Does Merlin Projects have GST registrations on file?
Merlin Projects shows 2 active GST registration signal(s) in compliance overview data. Open the Compliance tab for GSTIN and filing context when your plan allows.
Where can I see charges and lenders for Merlin Projects?
Use the Charges tab for MCA charge filings, charge holders, and open versus satisfied charges for Merlin Projects.
How do I contact Merlin Projects?
Use the official website at https://merlinprojects.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 Merlin Projects?
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 Merlin Projects?
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 Merlin Projects (last filed snapshot)?
As per the latest financial snapshot on file for FY 2023, net worth is about ₹ 458.43 Cr. Verify figures on the Financial tab and supporting filings.