Ics Merchandise Private Limited
About Ics Merchandise Private Limited
Data last updated:
Ics Merchandise Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 29 August 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51909KA2013PTC070749. Its GSTIN is 29AADCI3267K1Z7 (Karnataka).
The company has an authorised share capital of ₹2.7 Lakh and a paid-up capital of ₹2.7 Lakh. It is led by directors Itagi Sreepada Mylarsetty (Managing Director) and Matta Chandrakala.
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.3679 Sir. M. Vishveshwariah Layout 6th Block, Bangalore, Karnataka, India – 560056.
As per the financials filed for FY 2025, the company reported a revenue of ₹32.17 Cr, a growth of 50% compared to the previous year. For the same year it recorded a net profit of ₹42.1 Lakh (net margin 1.3%) and EBITDA of ₹70.82 Lakh (EBITDA margin 2.2%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 34% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressNo.3679 Sir. M. Vishveshwariah Layout 6th Block, Bangalore, Karnataka, India – 560056
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
- 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 Ics Merchandise Private Limited
The main business activity of Ics Merchandise is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Ics Merchandise Private Limited FY 2025 filings available
Ics Merchandise Private Limited reported revenue of ₹32.17 Cr (up 50% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ics Merchandise Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 34% over five years, including 50% growth in the latest year. EBITDA rose 45% 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 Ics Merchandise Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹70.82 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹42.1 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 Ics Merchandise Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.3% | •••• | •••• | •••• | •••• |
| 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 Ics Merchandise are in the company report.
Financial statements from 2015
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.
Peer Comparison of Ics Merchandise Private Limited
Ics Merchandise Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| A.P.Engineering Private Limited | ₹32.54 Cr (FY 2024) | •••• | •••• | 144.0% | •••• | Adipur, Gujarat, India |
| Rocktek Infra Services Private Limited | ₹32.5 Cr (FY 2025) | •••• | •••• | -31.0% | •••• | New Delhi, Delhi, India |
| Shalimar Precision Enterprises Pvt Ltd. | ₹32.5 Cr (FY 2016) | •••• | •••• | -12.0% | •••• | New Delhi, Delhi, India |
| V & M Toolings Private Limited | ₹32.35 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Kagal, Maharashtra, India |
| Gurudas Enterprises Private Limited | ₹32.24 Cr (FY 2025) | •••• | •••• | 811.0% | •••• | Lucknow, Uttar Pradesh, India |
| Ics Merchandise Private Limited this company | ₹32.17 Cr (FY 2025) | •••• | •••• | 50.0% | •••• | Bangalore, Karnataka, India |
| Anaadih Vincom Private Limited | ₹32.16 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Kolkata, West Bengal, India |
| Oneup Industries Private Limited | ₹31.98 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | Mumbai, Maharashtra, India |
| Trivium Power Engineers Private Limited | ₹31.78 Cr (FY 2024) | •••• | •••• | -19.0% | •••• | Delhi, India |
| Venugopal Distributors Private Limited | ₹31.67 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Bangalore, Karnataka, India |
| Deif India Private Limited | ₹31.65 Cr (FY 2022) | •••• | •••• | 46.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Ics Merchandise by revenue in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), 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 Ics Merchandise Private Limited
Ics Merchandise Private Limited is audited by S R BHAT & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S R BHAT & CO | 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.
Board of Directors of Ics Merchandise Private Limited
Ics Merchandise has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Matta Chandrakala | Director | 29 Aug 2013 | 13 Years 1 Months | Current |
| Itagi Sreepada Mylarsetty | Managing Director | 29 Aug 2013 | 13 Years 1 Months | Current |
Ownership and Shareholding of Ics Merchandise 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 Ics Merchandise Private Limited
Ics Merchandise Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Ics Merchandise Private Limited
Employment history and EPFO contributions of people linked to Ics Merchandise.
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 Ics Merchandise Private Limited
Ics Merchandise Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Itagi Sreepada Mylarsetty was appointed as Managing Director on 29 Aug 2013.
Credit Ratings, Litigation & Regulatory Alerts for Ics Merchandise 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 Ics Merchandise 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 Ics Merchandise 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 Ics Merchandise Private Limited
Ics Merchandise has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCI3267K1Z7 | Karnataka | 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 Ics Merchandise 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 Ics Merchandise Private Limited
Ics Merchandise is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 29 August 2013 (13+ years old) and is registered under CIN U51909KA2013PTC070749.
Ics Merchandise reported revenue of ₹32.17 Cr for FY 2025 (up 50% YoY).
Ics Merchandise has 2 current directors:
- Itagi Sreepada Mylarsetty - Managing Director
- Matta Chandrakala - Director
Ics Merchandise reported a net profit of ₹42.1 Lakh (net margin 1.3%) and EBITDA of ₹70.82 Lakh (EBITDA margin 2.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ics Merchandise is 20% over three years and 34% over five years. In the latest year (FY 2025) revenue rose 50%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ics Merchandise is 29AADCI3267K1Z7, registered in Karnataka.
The CIN (Corporate Identification Number) of Ics Merchandise is U51909KA2013PTC070749. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ics Merchandise was incorporated on 29 August 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Ics Merchandise by revenue are A.P.Engineering Private Limited, Rocktek Infra Services Private Limited, Shalimar Precision Enterprises Pvt Ltd, V & M Toolings Private Limited, Gurudas Enterprises Private Limited and 5 more, all in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution).
Itagi Sreepada Mylarsetty was appointed as Managing Director on 29 Aug 2013. Matta Chandrakala was appointed as Director on 29 Aug 2013.
The registered office of Ics Merchandise is at No.3679 Sir. M. Vishveshwariah Layout 6th Block, Bangalore, Karnataka, India – 560056.