Merlin Solar Technologies India Private Limited
About Merlin Solar Technologies India Private Limited
Data last updated:
Merlin Solar Technologies India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India. It operates in the clean energy solutions segment of the environmental services sector. It was incorporated on 25 July 2023.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U82990KA2023FTC176475.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Olaf Gresens (Non- Individual Subscriber) and Chirag Kapoor.
Its last annual general meeting (AGM) was held on 11 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 112 Akr Tech Park, Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.92 Cr, a growth of 142% compared to the previous year. For the same year it recorded a net profit of ₹26.67 Lakh (net margin 9.1%) and EBITDA of ₹39.43 Lakh (EBITDA margin 13.5%).
The company has about 13 employees on its provident fund (EPFO) records.
Company details
Contact details
Merlin Solar Technologies India Private Limited's registered office is in Bangalore, Karnataka.
- Registered AddressNo.112 Akr Tech Park B Block, 7th Mile Hosur Rd Krishna Reddy Industrial Area, Bangalore, Karnataka, India – 560068
- IndustryEnvironment, Clean Energy Solutions
- 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
Business activity
The main business activity of Merlin Solar Technologies India is information and communication. In detail, this covers information service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 63 | Information service activities |
To see the full business activity and turnover split of Merlin Solar Technologies India Private Limited, buy the company report.
Financials of Merlin Solar Technologies India Private Limited
FY 2025 filings availableMerlin Solar Technologies India Private Limited reported revenue of ₹2.92 Cr (up 142% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 142% in the latest year. EBITDA rose 170% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| 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 | ₹39.43 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹26.67 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
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 13.5% | |
| Net Profit Margin | 9.1% | |
| 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 Merlin Solar Technologies India Private Limited, buy the company report.
Board of directors of Merlin Solar Technologies India Private Limited
Merlin Solar Technologies India 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 |
|---|---|---|---|---|
| Olaf Gresens | Non- Individual Subscriber | 25 Jul 2023 | 3 Years 3 Months | Current |
| Chirag Kapoor | Director | 17 Aug 2024 | 2 Years 2 Months | Current |
Legal cases
No court or tribunal cases involving Merlin Solar Technologies India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Merlin Solar Technologies India 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 Merlin Solar Technologies India Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Merlin Solar Technologies India Private Limited has 4 board changes on record since 2023: 2 appointments and 2 cessations. The latest: Prasad Satya Bhavani Terala ceased to be Director on 18 Oct 2024.
Frequently asked questions
Merlin Solar Technologies India is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in clean energy solutions, within the environment industry. It was incorporated on 25 July 2023 (3+ years old) and is registered under CIN U82990KA2023FTC176475.
Merlin Solar Technologies India has 2 current directors:
- Chirag Kapoor - Director
- Olaf Gresens - Non- Individual Subscriber
The latest financial statements of Merlin Solar Technologies India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 11 August 2025. Year-wise statements from FY 2024 are in the company report.
The CIN (Corporate Identification Number) of Merlin Solar Technologies India is U82990KA2023FTC176475. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Merlin Solar Technologies India was incorporated on 25 July 2023, making it 3+ years old. It is registered with the Registrar of Companies, Bangalore.
Prasad Satya Bhavani Terala ceased to be Director on 18 Oct 2024. Chirag Kapoor ceased to be Additional Director on 11 Sep 2024. Chirag Kapoor was appointed as Director on 17 Aug 2024. Merlin Solar Technologies India has 4 board changes on record in total.
The registered office of Merlin Solar Technologies India is at No.112 Akr Tech Park B Block, 7th Mile Hosur Rd Krishna Reddy Industrial Area, Bangalore, Karnataka, India – 560068.
Merlin Solar Technologies India operates in the environment industry, in the clean energy solutions segment.
Merlin Solar Technologies India can be reached at its registered office: No.112 Akr Tech Park B Block, 7th Mile Hosur Rd Krishna Reddy Industrial Area, Bangalore, Karnataka, India – 560068.
Merlin Solar Technologies India is registered under the jurisdiction of the Registrar of Companies (ROC), Bangalore.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
