Meridian Infotech Limited - Due diligence report

A 360° intelligence report on Meridian Infotech: trust score, financial health, credit view, compliance, directors, growth and distress sign…

1995-11-16 Vadodara, Gujarat Active Unlisted Active Compliant
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MI Meridian Infotech Limited
Full Due-Diligence Report + Documents
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  • Full trust, health & credit-risk scores
  • Director details, charges & MCA documents
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Meridian Infotech — 360° Intelligence Report

Generated from MCA filings & public records
95/100
Trust Score
Low Risk

Meridian Infotech is assessed as Low Risk with a Trust Score of 95/100. Meridian Infotech is an active public limited indian non-government company incorporated in 1995, operating in the Information Technology sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and low financial risk profile.

Report generated on 17 Jul 2026 from the latest processed filings. Meridian Infotech Limited snapshot & full profile →

Financial Health › Strong
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreLow Risk
95/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
100/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
95/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
65/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
95/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
80/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

Get full access

Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 65/100 Moderate
  • Liabilities ≈ 38% EBITDA - stretched.
  • Moderate gearing (D/E 1.42).
  • Working-capital cover adequate.
  • Profitable - internal accruals available.

Charges position: 3 open (17.20 cr) · 2 satisfied (71.00 Lakh).

Banking relationships (from registered charges)
LenderChargesAmount
Others1 48.0 cr
Axis Bank Limited1 48.0 cr
Icici Bank Limited1 48.0 cr
Syndicate Bank2 48.0 cr
Compliance Score: 100/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • 3 active GST registration(s).
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
BHAVESH DHANVANTRAY BUDDHDEV 01234567 Director 01/04/2018 6 yrs Approved
JAYESH DHIRAJLAL BUDDHADEV 01234567 Director 01/04/2018 6 yrs Approved
DEVANG DHIMANTRAY JASANI 01234567 Director 01/04/2018 6 yrs Approved
  • 3 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2023)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2023 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
0 allotment(s) · 1 transfer(s)

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 95 · Distress 80
Growth signals & trust indicators
Revenue acceleration: +2.1x over 4 year(s).
Latest year revenue grew 24%.
Profit expanded 0.86 year-on-year.
Asset base grew 61% - capacity expansion.
EPFO headcount growing - hiring signal.
Operating for 30+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Outside liabilities up 38% in a year.
3 open charge(s) registered - assets are encumbered.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence92/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 1 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment83/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 3 open charge(s) of 17.20 cr already registered.
  • Compliance record supports lending.
Investor view95/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 5 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
30 Sep 2025
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
19 Nov 2020
Charge created
Axis Bank Limited - 2.00 cr
20 Mar 2018
Charge satisfied
Icici Bank Limited
31 Mar 2017
Share transfer (FY 2017)
- shares
10 Oct 2014
Charge created
Icici Bank Limited - 56.00 Lakh
24 Jan 2011
Charge satisfied
Syndicate Bank
28 Dec 2010
Director ceased
MEHUL DHANVANTRAI BUDDHADEV
24 Dec 2010
Charge created
Others - 15.17 cr
30 Sep 2010
Director ceased
DEVANG DHIMANTRAY JASANI
19 May 2010
Director appointed
DEVANG DHIMANTRAY JASANI (Director)
18 May 2007
Charge created
Syndicate Bank - 15.00 Lakh
15 Apr 2005
Charge created
Syndicate Bank - 3.20 Lakh
16 Nov 1995
Incorporated
Registered with Roc Ahmedabad
Director appointed
BHAVESH DHANVANTRAY BUDDHDEV (Director)
10

Key Observations

Auto-generated from the data above
Revenue grew 1.42 over the last 4 financial year(s).
Net profit margin moved from 2.1x to 24%.
Debt-to-equity stands at 0.86 - manageable leverage.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
3 active director(s) / partner(s); board looks stable and experienced.
3 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2023 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
1 overseas direct investment(s) (ODI) on record - international footprint.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Side-International Studios India Private Limited U72900KA2000PTC028056 Bangalore, Karnataka, India
91Springboard U74900DL2015PTC287010 New Delhi, Delhi, India
Pyxis One U72900KA2020FTC132592 Bangalore, Karnataka, India
M-Panels Research Services Private Limited U73100KA2019PTC128929 Bangalore, Karnataka, India
Sleeba & Sons Automotive Private Limited U50400KL2019PTC058425 Enathu, Kerala, India
Plustech Systems & Solutions Private Limited U74210PN2006PTC022119 Pune City, Maharashtra, India
Rathod Cars Private Limited U50100GJ2012PTC068878 Vapi, Gujarat, India
Fstc U74140HR2011PTC052114 Gurgaon, Haryana, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Meridian Infotech before audits and certifications: compliance score 100/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Meridian Infotech: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Favourable lending indicators. Credit risk score 65/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 95/100, margin trends, ownership structure and peer set for Meridian Infotech - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 95/100, distress signals and MSME payment-delay disclosures - know whether Meridian Infotech pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Meridian Infotech - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Meridian Infotech an active company?

Meridian Infotech has MCA status “Active” with a compliance score of 100/100 (Low Risk).

Is Meridian Infotech financially healthy?

Meridian Infotech has a Financial Health Score of 95/100 (Low Risk) based on its filed financial statements.

Should I do business with Meridian Infotech?

Its overall Trust Score is 95/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Meridian Infotech?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 3 active director(s) are on record.

Does Meridian Infotech have loans or charges against its assets?

3 open charge(s) are registered against its assets, and 2 earlier charge(s) stand satisfied.

Is Meridian Infotech up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 100/100 (Low Risk).

Is it risky to lend to Meridian Infotech?

Its Credit Risk Score is 65/100 (Moderate). Banker verdict: Favourable lending indicators.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.