Manhattan Associates (India) Development Centre Private Limited

Manhattan Associates (India) Development Centre Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72200KA2002PTC030576 Incorporated 03 June 2002 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹811.9 Cr
▲ 8% YoY
Net profit · FY 2025
₹60.1 Cr
Net margin 7.4%
EBITDA · FY 2025
₹121.2 Cr
EBITDA margin 14.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹8.71 Lakh
Issued & subscribed
Company age
24 yrs
Est. 2002
Employees · EPFO
2,076
Provident fund records
Directors on board
3
As per MCA filings

About Manhattan Associates (India) Development Centre Private Limited

Data last updated:

Manhattan Associates (India) Development Centre Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Manhattan Associates, Inc., Usa. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 03 June 2002 and has been in existence for over 24 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2002PTC030576. Its GSTIN is 29AADCM0727A2ZW (Karnataka). The company holds 3 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹8.71 Lakh. It is led by directors including Thirumala Srinivasa Ushasri (Managing Director) and Dennis Bomert Story.

Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 5th And 6th Floor Block B1 Brigade Tech Gardens Brookefields Whitefield, Bangalore, Karnataka, India – 560037.

As per the financials filed for FY 2025, the company reported a revenue of ₹811.9 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹60.1 Cr (net margin 7.4%) and EBITDA of ₹121.2 Cr (EBITDA margin 14.9%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 15% over five years.

The company has about 2,076 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Manhattan Associates. The company has 1 deal on record (1 secondary share transfer); the latest was in March 2009.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website manh.com.

Company details

CIN U72200KA2002PTC030576
Registration Number 030576
Incorporation Date 03 June 2002
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Manhattan Associates, Inc., Usa
Compliance Status Active Compliant

Contact details

Manhattan Associates (India) Development Centre Private Limited's registered office is in Bangalore, Karnataka. Its website is manh.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Social Media
  • Registered Address
    5th And 6th Floor Block B1 Brigade Tech Gardens Brookefields Whitefield, Bangalore, Karnataka, India – 560037
  • Industry
    Information Technology, IT Consulting & Support Services, Application Development & Software Solutions

To see the full contact details of Manhattan Associates (India) Development Centre Private Limited, buy the company report.

Comprehensive company report
Manhattan Associates (India) Development Centre Private Limited - one report that includes everything
  • 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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Brands

Manhattan Associates (India) Development Centre operates one associated brand: Manhattan Associates. Each brand links to its own profile.

BrandDescriptionWebsite
Cloud-enabled unified commerce and supply chain solutions are provided.manh.com

Business activity

The main business activity of Manhattan Associates (India) Development Centre is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ2Publishing of computer operating systems, system software, application software, games, etc.

To see the full business activity and turnover split of Manhattan Associates (India) Development Centre Private Limited, buy the company report.

Financials of Manhattan Associates (India) Development Centre Private Limited

FY 2025 filings available

Manhattan Associates (India) Development Centre Private Limited reported revenue of ₹811.9 Cr (up 8% YoY) for FY 2025.

Revenue · FY 2025
₹811.9 Cr ▲ 8%
Net profit · FY 2025
₹60.1 Cr margin 7.4%
EBITDA · FY 2025
₹121.2 Cr margin 14.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 17%
5 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 14%
5 years · compounded
▲ 6%

Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 8% growth in the latest year. EBITDA rose 2% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹121.2 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹60.1 Cr
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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin14.9%
Net Profit Margin7.4%
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

To see the full financial statements and ratios of Manhattan Associates (India) Development Centre Private Limited, buy the company report.

Board of directors of Manhattan Associates (India) Development Centre Private Limited

Manhattan Associates (India) Development Centre has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Dennis Bomert StoryDirector01 Sep 201610 Years 1 MonthsCurrent
Thirumala Srinivasa UshasriManaging Director20 Oct 200917 Years 0 MonthsCurrent
Linda Colder PinneDirector14 Apr 200818 Years 6 MonthsCurrent

Auditor

Manhattan Associates (India) Development Centre Private Limited is audited by S.R. Batliboi & Associates LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
S.R. Batliboi & Associates LLPFY 2023101049W/E300004

Shareholding

The shareholding of Manhattan Associates (India) Development Centre Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Manhattan Associates (India) Development Centre Private Limited, buy the company report.

Deals & funding

Manhattan Associates (India) Development Centre Private Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2009.

Total deals
1
Secondary share transfer
1

Deals on record (1 of 1)

WhenDealAmountParties
Mar 2009Secondary share transferUndisclosedSeller: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Manhattan Associates (India) Development Centre Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Manhattan Associates (India) Development Centre Private Limited has a workforce of 2,076 employees on its EPFO records as of Mar 26, 2024, across 1 active EPFO establishment.

Employee count
2,076
Active EPFO establishments
1
Employee growth
11.08%

GST

Manhattan Associates (India) Development Centre has 3 GST registrations: 1 active and 2 cancelled or inactive.

Total GSTINs
3
Active
1
Cancelled / inactive
2
GSTINStateStatusRegistered on
29AADCM0727A2ZWKarnatakaActive28 Jan 2019

To see the full GST registrations and return filing status of Manhattan Associates (India) Development Centre Private Limited, buy the company report.

Recent activity

Manhattan Associates (India) Development Centre Private Limited has 7 board changes on record since 2008: 3 appointments and 4 cessations. The latest: Dennis Bomert Story was appointed as Director on 01 Sep 2016.

AGM
Manhattan Associates (India) Development Centre Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Manhattan Associates (India) Development Centre Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Dennis Bomert Story was appointed as Director.
Ceased
Dennis Bomert Story ceased to be Director.
Ceased
David Kevin Dabbiere ceased to be Director.
Appointed
Thirumala Srinivasa Ushasri was appointed as Managing Director.
Ceased
Pervinder Johar ceased to be Director.
Ceased
Venkatesan Sivaraman ceased to be Managing Director.
Appointed
Linda Colder Pinne was appointed as Director.
Incorporation
03 Jun 2002
Manhattan Associates (India) Development Centre Private Limited was registered on 03 Jun 2002 with Roc Bangalore & aged 24 years 4 months as per MCA records.

Frequently asked questions

Manhattan Associates (India) Development Centre is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 03 June 2002 (24+ years old) and is registered under CIN U72200KA2002PTC030576.

Manhattan Associates (India) Development Centre has 3 current directors:

The latest financial statements of Manhattan Associates (India) Development Centre on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Manhattan Associates (India) Development Centre is 29AADCM0727A2ZW, registered in Karnataka. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.

The CIN (Corporate Identification Number) of Manhattan Associates (India) Development Centre is U72200KA2002PTC030576. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Manhattan Associates (India) Development Centre was incorporated on 03 June 2002, making it 24+ years old. It is registered with the Registrar of Companies, Bangalore.

Manhattan Associates (India) Development Centre has 1 deal on record (1 secondary share transfer); the latest was in March 2009.

Dennis Bomert Story was appointed as Director on 01 Sep 2016. Dennis Bomert Story ceased to be Director on 30 Jun 2016. David Kevin Dabbiere ceased to be Director on 20 Jul 2011. Manhattan Associates (India) Development Centre has 7 board changes on record in total.

Manhattan Associates (India) Development Centre can be reached through the website manh.com. Its registered office is in Bangalore, Karnataka, India.

The registered office of Manhattan Associates (India) Development Centre is at 5th And 6th Floor Block B1 Brigade Tech Gardens Brookefields Whitefield, Bangalore, Karnataka, India – 560037.