
Merlin Human Resource Solutions Private Limited
About Merlin Human Resource Solutions Private Limited
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Merlin Human Resource Solutions Private Limited is a private limited company based in Kakinada, Andhra Pradesh, India. It operates in the placement services segment of the professional services sector. It was incorporated on 20 April 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U74999AP2016PTC103083. Its GSTIN is 37AAKCM2812M1Z6 (Andhra Pradesh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Anjaneya Vara Prasad Sathineedi and Udayabhaskara Reddy Reddy.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Kakinada, Andhra Pradesh.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.78 Lakh, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹2.85 Lakh (net margin 59.7%) and EBITDA of ₹3.88 Lakh (EBITDA margin 81.2%). Revenue has declined at a compounded annual rate (CAGR) of 75% over three years and 55% over five years.
The company has about 144 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressDr.No.9 – 192/10/2 2nd Floor Venakata Ramana Nagar Indrapalem Near Vivekananda Telugu Medi, Um School, Kakinada, Andhra Pradesh, India – 533006
- IndustryProfessional Services, Placement Services, Human Resources
- 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
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Business Activity of Merlin Human Resource Solutions Private Limited
The main business activity of Merlin Human Resource Solutions is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services | 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 Merlin Human Resource Solutions Private Limited FY 2024 filings available
Merlin Human Resource Solutions Private Limited reported revenue of ₹4.78 Lakh (up 31% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Merlin Human Resource Solutions Private Limited
Revenue rose 31% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 55%. EBITDA rose 36% 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 Merlin Human Resource Solutions 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 | ₹3.88 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.85 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 Merlin Human Resource Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 81.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 59.7% | •••• | •••• | •••• | •••• |
| 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 Merlin Human Resource Solutions are in the company report.
Financial statements from FY 2017
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 Merlin Human Resource Solutions Private Limited
Merlin Human Resource Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anjaneya Vara Prasad Sathineedi Also directs: MRR Global Epc Services Private Limited, Gurupriya Infra Solutions Private Limited, MRR Global Services Private Limited and 2 more | Additional Director | 24 Mar 2025 | 1 Years 6 Months | Current |
| Udayabhaskara Reddy Reddy Also directs: MRR Global Epc Services Private Limited, Gurupriya Infra Solutions Private Limited, MRR Global Services Private Limited and 3 more | Additional Director | 20 Mar 2025 | 1 Years 7 Months | Current |
Peer Comparison of Merlin Human Resource Solutions Private Limited
Merlin Human Resource Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Placement agencies and HR management services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Biotalent Search Private Limited | ₹4.83 Lakh (FY 2025) | •••• | •••• | 9.0% | •••• | Pune, Maharashtra, India |
| Hfactohr Private Limited | ₹4.83 Lakh (FY 2023) | •••• | •••• | -40.0% | •••• | Pune, Maharashtra, India |
| SS Probity Technology & Consulting Private Limited | ₹4.82 Lakh (FY 2025) | •••• | •••• | -16.0% | •••• | Guwahati, Assam, India |
| Ad Plus HR Consultants Private Limited | ₹4.8 Lakh (FY 2017) | •••• | •••• | 3738.0% | •••• | Delhi, India |
| Neovision Tours & Travels Private Limited | ₹4.78 Lakh (FY 2024) | •••• | •••• | 47.0% | •••• | Hyderabad, Telangana, India |
| Merlin Human Resource Solutions Private Limited this company | ₹4.78 Lakh (FY 2024) | •••• | •••• | 31.0% | •••• | Kakinada, Andhra Pradesh, India |
| Middle East Energy Inspection & Certification Private Limited | ₹4.78 Lakh (FY 2017) | •••• | •••• | -75.0% | •••• | Kochi, Kerala, India |
| Arti Jobs Private Limited | ₹4.76 Lakh (FY 2018) | •••• | •••• | -43.0% | •••• | Rourkela, Odisha, India |
| Narayana Edutech Services Private Limited | ₹4.76 Lakh (FY 2025) | •••• | •••• | -53.0% | •••• | Lucknow, Uttar Pradesh, India |
| Myraav Outsourcing and Consulting Private Limited | ₹4.76 Lakh (FY 2019) | •••• | •••• | •••• | Faridabad, Haryana, India | |
| Insait Enterprise Private Limited | ₹4.74 Lakh (FY 2018) | •••• | •••• | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Merlin Human Resource Solutions by revenue in the same principal business activity (Placement agencies and HR management services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Merlin Human Resource Solutions Private Limited
Merlin Human Resource Solutions Private Limited is audited by LAKSHMI & ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| LAKSHMI & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Merlin Human Resource Solutions 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 Merlin Human Resource Solutions Private Limited
Merlin Human Resource Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Merlin Human Resource Solutions Private Limited
Merlin Human Resource Solutions Private Limited has a workforce of 144 employees as of Apr 09, 2024.
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 Merlin Human Resource Solutions Private Limited
Merlin Human Resource Solutions Private Limited has 4 board changes on record since 2025: 2 appointments and 2 cessations. The latest: Anjaneya Vara Prasad Sathineedi was appointed as Additional Director on 24 Mar 2025.
Credit Ratings, Litigation & Regulatory Alerts for Merlin Human Resource Solutions 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 Merlin Human Resource Solutions 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 Merlin Human Resource Solutions 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 Merlin Human Resource Solutions Private Limited
Merlin Human Resource Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAKCM2812M1Z6 | Andhra Pradesh | Active | 01 Jul 2017 |
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 Merlin Human Resource Solutions 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 Merlin Human Resource Solutions Private Limited
Merlin Human Resource Solutions is an active private limited company based in Kakinada, Andhra Pradesh, India. The company works in placement services, within the professional services industry. It was incorporated on 20 April 2016 (10+ years old) and is registered under CIN U74999AP2016PTC103083.
Merlin Human Resource Solutions reported revenue of ₹4.78 Lakh for FY 2024 (up 31% YoY).
Merlin Human Resource Solutions has 2 current directors:
- Anjaneya Vara Prasad Sathineedi - Additional Director
- Udayabhaskara Reddy Reddy - Additional Director
Merlin Human Resource Solutions reported a net profit of ₹2.85 Lakh (net margin 59.7%) and EBITDA of ₹3.88 Lakh (EBITDA margin 81.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Merlin Human Resource Solutions is -75% over three years and -55% over five years. In the latest year (FY 2024) revenue rose 31%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Merlin Human Resource Solutions is 37AAKCM2812M1Z6, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Merlin Human Resource Solutions is U74999AP2016PTC103083. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Merlin Human Resource Solutions was incorporated on 20 April 2016, making it 10+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Merlin Human Resource Solutions by revenue are Biotalent Search Private Limited, Hfactohr Private Limited, SS Probity Technology & Consulting Private Limited, Ad Plus HR Consultants Private Limited, Neovision Tours & Travels Private Limited and 5 more, all in the same principal business activity (Placement agencies and HR management services).
Anjaneya Vara Prasad Sathineedi was appointed as Additional Director on 24 Mar 2025. Murali Krishna Chalamalasetty ceased to be Director on 24 Mar 2025. Gandhi Chalamalashetty ceased to be Director on 20 Mar 2025. Merlin Human Resource Solutions has 4 board changes on record in total.
The registered office of Merlin Human Resource Solutions is at Dr.No.9 – 192102 2nd Floor Venakata Ramana Nagar Indrapalem Near Vivekananda Telugu Medi, Um School, Kakinada, Andhra Pradesh, India – 533006.