About Mear Networks Private Limited
Data last updated:
Mear Networks Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the service-based operations segment of the business services sector. It was incorporated on 16 July 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74990KA2018PTC114773. Its GSTIN is 29AALCM9639B1Z2 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Louis Prabhakar and Sampath Kiran.
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 31/3 Ganashankarapa Layout Aravinda Nagar St. Thomas Post, Bengaluru, Karnataka, India – 560084.
As per the financials filed for FY 2024, the company reported a revenue of ₹47.99 Lakh, a decline of 44% compared to the previous year. For the same year it recorded a net loss of ₹19.85 Lakh (net margin -41.4%) and EBITDA of -₹19.29 Lakh (EBITDA margin -40.2%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 23% over five years.
For more details, the company can be reached via its website mearnetworks.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address31/3 Ganashankarapa Layout Aravinda Nagar St. Thomas Post, Bengaluru, Karnataka, India – 560084
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Mear Networks Private Limited
The main business activity of Mear Networks is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Mear Networks Private Limited FY 2025 filings available
Mear Networks Private Limited reported revenue of ₹47.99 Lakh (down 44% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Mear Networks Private Limited
Revenue fell 44% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 23%. EBITDA fell 244% 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 of Mear Networks Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | -₹19.29 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹19.85 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 of Mear Networks Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -40.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -41.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Mear Networks are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Mear Networks Private Limited
Mear Networks has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Louis Prabhakar | Director | 16 Jul 2018 | 8 Years 3 Months | Current |
| Sampath Kiran | Director | 16 Jul 2018 | 8 Years 3 Months | Current |
| Rathna Sreedharan | Additional Director | 05 Feb 2026 | 0 Years 8 Months | Current |
Peer Comparison of Mear Networks Private Limited
Mear Networks Private Limited is compared with the companies closest to it by revenue in the Education industry (Corporate and Commercial Training). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Blue Horse Education Private Limited | ₹48.2 Lakh (FY 2025) | •••• | •••• | -13.0% | •••• | Amritsar, Punjab, India |
| Atharvani Global Foundation | ₹48.19 Lakh (FY 2021) | •••• | •••• | 197.0% | •••• | Nagar Road Vimanagar Pune, Maharashtra, India |
| Advantage Nashik Foundation | ₹48.07 Lakh (FY 2025) | •••• | •••• | 5.0% | •••• | Nashik, Maharashtra, India |
| Kosmic Knot Private Limited | ₹48.06 Lakh (FY 2025) | •••• | •••• | •••• | Imphal, Manipur, India | |
| Aksa Academy Private Limited | ₹48.01 Lakh (FY 2025) | •••• | •••• | 24.0% | •••• | Burdwan, West Bengal, India |
| Mear Networks Private Limited this company | ₹47.99 Lakh (FY 2024) | •••• | •••• | -44.0% | •••• | Bengaluru, Karnataka, India |
| Svamanthan (OPC) Private Limited | ₹47.96 Lakh (FY 2025) | •••• | •••• | 47.0% | •••• | New Delhi, Delhi, India |
| Platanus Technology Private Limited | ₹47.95 Lakh (FY 2025) | •••• | •••• | -45.0% | •••• | Bangalore, Karnataka, India |
| Rightworkz Technology Consulting Private Limited | ₹47.94 Lakh (FY 2025) | •••• | •••• | 32.0% | •••• | Hyderabad, Telangana, India |
| Bepoj Technology Private Limited | ₹47.9 Lakh (FY 2025) | •••• | •••• | 48.0% | •••• | Chamba, Himachal Pradesh, India |
| Manish Technological System Private Limited | ₹47.82 Lakh (FY 2024) | •••• | •••• | 16.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Mear Networks by revenue in the Education industry (Corporate and Commercial Training), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding of Mear Networks Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Mear Networks Private Limited
Mear Networks Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Mear Networks Private Limited
Employment history and EPFO contributions of people linked to Mear Networks.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Mear Networks Private Limited
Mear Networks Private Limited has 3 board changes on record since 2018: 3 appointments. The latest: Rathna Sreedharan was appointed as Additional Director on 05 Feb 2026.
Credit Ratings, Litigation & Regulatory Alerts for Mear Networks Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Mear Networks Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Mear Networks Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Mear Networks Private Limited
Mear Networks has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AALCM9639B1Z2 | Karnataka | Active | 12 Oct 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Mear Networks Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Mear Networks Private Limited
Mear Networks is an active private limited company based in Bengaluru, Karnataka, India. The company works in other services, within the business services industry. It was incorporated on 16 July 2018 (8+ years old) and is registered under CIN U74990KA2018PTC114773.
Mear Networks reported revenue of ₹47.99 Lakh for FY 2024 (down 44% YoY).
Mear Networks has 3 current directors:
- Louis Prabhakar - Director
- Sampath Kiran - Director
- Rathna Sreedharan - Additional Director
Mear Networks reported a net loss of ₹19.85 Lakh (net margin -41.4%) and EBITDA of -₹19.29 Lakh (EBITDA margin -40.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mear Networks is 8% over three years and 23% over five years. In the latest year (FY 2024) revenue fell 44%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mear Networks is 29AALCM9639B1Z2, registered in Karnataka.
The CIN (Corporate Identification Number) of Mear Networks is U74990KA2018PTC114773. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mear Networks was incorporated on 16 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Mear Networks by revenue are Blue Horse Education Private Limited, Atharvani Global Foundation, Advantage Nashik Foundation, Kosmic Knot Private Limited, Aksa Academy Private Limited and 5 more, all in the Education industry (Corporate and Commercial Training).
Rathna Sreedharan was appointed as Additional Director on 05 Feb 2026. Louis Prabhakar was appointed as Director on 16 Jul 2018. Sampath Kiran was appointed as Director on 16 Jul 2018.
Mear Networks can be reached through the website mearnetworks.com. Its registered office is in Bengaluru, Karnataka, India.