About Manhattan Associates (India) Development Centre Private Limited
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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. Its 10 peer companies in the Information Technology industry (IT Consulting and Services) are compared by revenue, 5 larger and 5 smaller; the largest is Comnet Solutions Private Limited with revenue of ₹836.61 Cr.
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.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address5th And 6th Floor Block B1 Brigade Tech Gardens Brookefields Whitefield, Bangalore, Karnataka, India – 560037
- IndustryInformation Technology, IT Consulting & Support Services, Application Development & Software 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
- One PDF report, delivered after checkout
Associated Brands with Manhattan Associates (India) Development Centre Private Limited
Manhattan Associates (India) Development Centre operates one associated brand: Manhattan Associates. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cloud-enabled unified commerce and supply chain solutions are provided. | manh.com |
Business Activity of Manhattan Associates (India) Development Centre Private Limited
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 Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | 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 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.
Compounded Annual Growth Rate (CAGR) of Manhattan Associates (India) Development Centre Private Limited
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 of Manhattan Associates (India) Development Centre 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 | ₹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 of Manhattan Associates (India) Development Centre Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.4% | •••• | •••• | •••• | •••• |
| 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 Manhattan Associates (India) Development Centre 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.
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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dennis Bomert Story | Director | 01 Sep 2016 | 10 Years 1 Months | Current |
| Thirumala Srinivasa Ushasri | Managing Director | 20 Oct 2009 | 17 Years 0 Months | Current |
| Linda Colder Pinne | Director | 14 Apr 2008 | 18 Years 6 Months | Current |
Peer Comparison of Manhattan Associates (India) Development Centre Private Limited
Manhattan Associates (India) Development Centre Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and 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 |
|---|---|---|---|---|---|---|
| Comnet Solutions Private Limited | ₹836.61 Cr (FY 2024) | •••• | •••• | 26.0% | •••• | Mumbai, Maharashtra, India |
| Axa Global Business Services Private Limited | ₹820.44 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Bangalore, Karnataka, India |
| Gep Solutions Private Limited | ₹816.02 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Navi Mumbai, Maharashtra, India |
| Altruist Technologies Private Limited | ₹815.64 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Shimla, Himachal Pradesh, India |
| West Pharmaceutical Packaging India Private Limited | ₹814.55 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Hyderabad, Telangana, India |
| Manhattan Associates (India) Development Centre Private Limited this company | ₹811.9 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Bangalore, Karnataka, India |
| First American (India) Private Limited | ₹807.92 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Bangalore, Karnataka, India |
| Carrier Technologies India Limited | ₹798.48 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Mumbai, Maharashtra, India |
| Blue Cloud Softech Solutions Limited Listed | ₹797.7 Cr (FY 2025) | •••• | •••• | 59.0% | •••• | Hyderabad, Telangana, India |
| Brilyant IT Solutions Private Limited | ₹789.43 Cr (FY 2024) | •••• | •••• | 25.0% | •••• | Bangalore, Karnataka, India |
| Bloom Electronics Private Limited | ₹786.86 Cr (FY 2025) | •••• | •••• | 62.0% | •••• | Coimbatore, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Manhattan Associates (India) Development Centre by revenue in the Information Technology industry (IT Consulting and 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 Manhattan Associates (India) Development Centre Private Limited
Manhattan Associates (India) Development Centre Private Limited is audited by S.R. Batliboi & Associates LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S.R. Batliboi & Associates LLP | 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 Manhattan Associates (India) Development Centre 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 Manhattan Associates (India) Development Centre Private Limited
Manhattan Associates (India) Development Centre Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Manhattan Associates (India) Development Centre Private Limited
Manhattan Associates (India) Development Centre Private Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2009.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2009 | Secondary share transfer | Undisclosed | Seller: an individual |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Manhattan Associates (India) Development Centre Private Limited
Manhattan Associates (India) Development Centre Private Limited has a workforce of 2,076 employees as of Mar 26, 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 Manhattan Associates (India) Development Centre Private Limited
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.
Credit Ratings, Litigation & Regulatory Alerts for Manhattan Associates (India) Development Centre 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 Manhattan Associates (India) Development Centre 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 Manhattan Associates (India) Development Centre 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 Manhattan Associates (India) Development Centre Private Limited
Manhattan Associates (India) Development Centre has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCM0727A2ZW | Karnataka | Active | 28 Jan 2019 |
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 Manhattan Associates (India) Development Centre 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.
Related news about Manhattan Associates (India) Development Centre Private Limited
Frequently Asked Questions about Manhattan Associates (India) Development Centre Private Limited
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 reported revenue of ₹811.9 Cr for FY 2025 (up 8% YoY).
Manhattan Associates (India) Development Centre has 3 current directors:
- Thirumala Srinivasa Ushasri - Managing Director
- Dennis Bomert Story - Director
- Linda Colder Pinne - Director
Manhattan Associates (India) Development Centre reported a net profit of ₹60.1 Cr (net margin 7.4%) and EBITDA of ₹121.2 Cr (EBITDA margin 14.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Manhattan Associates (India) Development Centre is 17% over three years and 15% over five years. In the latest year (FY 2025) revenue rose 8%. CAGR is the steady yearly rate that links the first and the last year.
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.
The peers of Manhattan Associates (India) Development Centre by revenue are Comnet Solutions Private Limited, Axa Global Business Services Private Limited, Gep Solutions Private Limited, Altruist Technologies Private Limited, West Pharmaceutical Packaging India Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).
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.