Maverick Turf Technologies Private Limited

Maverick Turf Technologies Private Limited - consumer goods in Bangalore, Karnataka, India. Directors, charges & compliance details.
CIN U29305KA2019PTC126374 Incorporated 19 July 2019 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company consumer goods DPIIT Startup MSME · Micro
Data last updated
Revenue · FY 2024
₹3.74 Lakh
▼ 62% YoY
Net loss · FY 2024
₹10.21 Lakh
Net margin -273.1%
EBITDA · FY 2024
₹3.33 Lakh
EBITDA margin 89.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Last financials
Mar 2025
Balance sheet date

About Maverick Turf Technologies Private Limited

Data last updated:

Maverick Turf Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the sports equipment manufacturing segment of the consumer goods sector. It was incorporated on 19 July 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29305KA2019PTC126374.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Maverick Turf India Private Limited and Maverick Solar Technologies Private Limited. It is led by directors Sandeep Lengade and Amit Ashok Kane.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No 16 3rd Main Judicial Layout Talaghattapura Bangalore, Karnataka, India – 560062.

As per the financials filed for FY 2024, the company reported a revenue of ₹3.74 Lakh, a decline of 62% compared to the previous year. For the same year it recorded a net loss of ₹10.21 Lakh (net margin -273.1%) and EBITDA of ₹3.33 Lakh (EBITDA margin 89.2%). Revenue has declined at a compounded annual rate (CAGR) of 77% over three years.

Maverick Turf Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0069129). For more details, the company can be reached via its website maverickturf.com.

Company details

CIN U29305KA2019PTC126374
Registration Number 126374
Incorporation Date 19 July 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0069129

Name history

Maverick Turf Technologies has undergone 2 name changes throughout its history. The company was previously known as Maverick Turf India Private Limited, and Maverick Solar Technologies Private Limited. The current legal name is Maverick Turf Technologies Private Limited.

Company NameStatus
Maverick Turf Technologies Private LimitedCurrent
Maverick Turf India Private LimitedPrevious
Maverick Solar Technologies Private LimitedPrevious

Recognitions & Rankings of Maverick Turf Technologies

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-03-0069129

Contact details

Maverick Turf Technologies Private Limited's registered office is in Bangalore, Karnataka.

  • Social Media
  • Registered Address
    No 16 3rd Main Judicial Layout Talaghattapura Bangalore, Karnataka, India – 560062
  • Industry
    Consumer Goods, Sports Equipment Manufacturing
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Financials of Maverick Turf Technologies Private Limited

FY 2025 filings available

Maverick Turf Technologies Private Limited reported revenue of ₹3.74 Lakh (down 62% YoY) for FY 2024.

Revenue · FY 2024
₹3.74 Lakh ▼ 62%
Net loss · FY 2024
₹10.21 Lakh margin -273.1%
EBITDA · FY 2024
₹3.33 Lakh margin 89.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 62%
3 years · compounded
▼ 77%
EBITDA CAGR growth
1 year
▼ 55%
3 years · compounded
▼ 5%

Revenue has declined at a compounded annual rate (CAGR) of 77% over three years, including a 62% fall in the latest year. EBITDA fell 55% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹3.33 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹10.21 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin89.2%
Net Profit Margin-273.1%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Maverick Turf Technologies Private Limited, buy the company report.

Board of directors of Maverick Turf Technologies Private Limited

Maverick Turf Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sandeep LengadeDirector19 Jul 20197 Years 3 MonthsCurrent
Amit Ashok KaneDirector14 Jul 20215 Years 3 MonthsCurrent

Peer comparison

Maverick Turf Technologies Private Limited is compared with the 10 companies closest to it by revenue in the Consumer Products industry (Sports Equipment Manufacturers), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Nivia Sports Private Limited₹5.1 Lakh (FY 2025)-15.0%Punjab, India
Delux Sports India Private Limited₹4.85 Lakh (FY 2025)3.0%Punjab, India
Range Shooting Solutions Private Limited₹3.95 Lakh (FY 2025)128.0%Chunabhatti, Maharashtra, India
Bulls Exceed Private Limited₹3.91 Lakh (FY 2024)27954.0%Delhi, India
Fitness Hook Private Limited₹3.77 Lakh (FY 2024)-6.0%Ludhiana, Punjab, India
Maverick Turf Technologies Private Limitedthis company₹3.74 Lakh (FY 2024)-₹10.21 Lakh-273.1%-62.0%Bangalore, Karnataka, India
Shoolin Advanced System Private Limited₹3.54 Lakh (FY 2024)Jaipur, Rajasthan, India
VKS Healthclub Equipments Private Limited₹2.22 Lakh (FY 2020)6.0%Mumbai, Maharashtra, India
Sports Station Boutique Private Limited₹1.9 Lakh (FY 2024)New Delhi, Delhi, India
Lakewood Developers and Sports Private Limited₹1.66 Lakh (FY 2024)-65.0%Pune, Maharashtra, India
Taiyo Ventures Private Limited₹1.63 Lakh (FY 2025)Mumbai, Maharashtra, India

To see the full peer comparison of Maverick Turf Technologies Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Maverick Turf Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Maverick Turf Technologies Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Maverick Turf Technologies Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Amit Ashok Kane was appointed as Director on 14 Jul 2021.

AGM
Maverick Turf Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Maverick Turf Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Amit Ashok Kane was appointed as Director.
Ceased
Deepali Sandeep Lengade ceased to be Director.
Appointed
Sandeep Lengade was appointed as Director.
Incorporation
19 Jul 2019
Maverick Turf Technologies Private Limited was registered on 19 Jul 2019 with Roc Bangalore & aged 7 years 3 months as per MCA records.

Frequently asked questions

Maverick Turf Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in sports equipment manufacturing, within the consumer goods industry. It was incorporated on 19 July 2019 (7+ years old) and is registered under CIN U29305KA2019PTC126374.

Maverick Turf Technologies has 2 current directors:

The latest financial statements of Maverick Turf Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.

The CIN (Corporate Identification Number) of Maverick Turf Technologies is U29305KA2019PTC126374. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Maverick Turf Technologies was incorporated on 19 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Maverick Turf Technologies by revenue are Nivia Sports Private Limited, Delux Sports India Private Limited, Range Shooting Solutions Private Limited, Bulls Exceed Private Limited, Fitness Hook Private Limited and 5 more, all in the Consumer Products industry (Sports Equipment Manufacturers).

Amit Ashok Kane was appointed as Director on 14 Jul 2021. Deepali Sandeep Lengade ceased to be Director on 08 Apr 2021. Sandeep Lengade was appointed as Director on 19 Jul 2019.

Yes, Maverick Turf Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Maverick Turf Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0069129).

Maverick Turf Technologies can be reached through the website maverickturf.com. Its registered office is in Bangalore, Karnataka, India.

The registered office of Maverick Turf Technologies is at No 16 3rd Main Judicial Layout Talaghattapura Bangalore, Karnataka, India – 560062.