MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-KR-03-0238673
Markelytics Solutions India Private Limited - travel and hospitality in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹28.84 Cr
▼ 33% YoY
Net loss · FY 2025
₹3.44 Cr
Net margin -11.9%
EBITDA · FY 2025
-₹2.47 Cr
EBITDA margin -8.5%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹3 Cr
Issued & subscribed
Satisfied charges
₹2.25 Cr
No open charges
Company age
21 yrs
Est. 2005
Employees · EPFO
117
Provident fund records
About Markelytics Solutions India Private Limited
Data last updated:
Markelytics Solutions India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 26 August 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72300KA2005PTC037071. Its GSTIN is 29AAECM5706E1ZJ (Karnataka).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3 Cr. It is led by directors Jasal Rajanikanth Shah (Managing Director) and Venkatesh Devarayasamudra Nagendranath.
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 No. 1873/38 5th Main Ganapati Temple Road Rpc Layout Vijayanagar, Bangalore, Karnataka, India – 560040.
As per the financials filed for FY 2025, the company reported a revenue of ₹28.84 Cr, a decline of 33% compared to the previous year. For the same year it recorded a net loss of ₹3.44 Cr (net margin -11.9%) and EBITDA of -₹2.47 Cr (EBITDA margin -8.5%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 8% over five years.
The company has about 117 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 2 brands: Markelytics and Whizz Surveys. As per MCA filings, the company has satisfied charges of ₹2.25 Cr on record. The company has 1 deal on record (1 acquisition); the latest was in July 2013. Its 10 peer companies in the Consumer Services industry (Professional Services) are compared by revenue, 5 larger and 5 smaller; the largest is Glatt (India) Engineering Private Limited with revenue of ₹29.06 Cr.
Markelytics Solutions India Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-03-0238673). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website markelytics.com.
Company Details of Markelytics Solutions India Private Limited
CIN U72300KA2005PTC037071
Registration Number 037071
Incorporation Date 26 August 2005
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-KR-03-0238673
Recognitions & Rankings of Markelytics Solutions India
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo. 1873/38 5th Main Ganapati Temple Road Rpc Layout Vijayanagar, Bangalore, Karnataka, India – 560040
- IndustryTravel and Hospitality, Consumer Professional Services
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Associated Brands with Markelytics Solutions India Private Limited
Markelytics Solutions India operates two associated brands: Markelytics and Whizz Surveys. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers end-to-end market research, panels, and consulting for various industries worldwide. | markelytics.com | |
| Offers professional customer survey solutions and services. | whizzsurveys.com |
Business Activity of Markelytics Solutions India Private Limited
The main business activity of Markelytics Solutions India is professional, scientific and technical. In detail, this covers advertising and market research.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M6 | Advertising and market research | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
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Financials of Markelytics Solutions India Private Limited FY 2024 filings available
Markelytics Solutions India Private Limited reported revenue of ₹28.84 Cr (down 33% YoY) for FY 2025.
Revenue · FY 2025
₹28.84 Cr ▼ 33%
Net loss · FY 2025
₹3.44 Cr margin -11.9%
EBITDA · FY 2025
-₹2.47 Cr margin -8.5%
Compounded Annual Growth Rate (CAGR) of Markelytics Solutions India Private Limited
Revenue CAGR growth
1 year
▼ 33%
3 years · compounded
▲ 38%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▼ 288%
3 years · compounded
▼ 52%
5 years · compounded
▼ 23%
Revenue fell 33% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 288% 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 Markelytics Solutions India 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 | -₹2.47 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.44 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 Markelytics Solutions India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -8.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -11.9% | •••• | •••• | •••• | •••• |
| 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 Markelytics Solutions India are in the company report.
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Financial statements from 2015
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Board of Directors of Markelytics Solutions India Private Limited
Markelytics Solutions India has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkatesh Devarayasamudra Nagendranath Also directs: Avidestal Technologies Private Limited | Director | 26 Aug 2005 | 21 Years 1 Months | Current |
| Jasal Rajanikanth Shah | Managing Director | 26 Aug 2005 | 21 Years 1 Months | Current |
Peer Comparison of Markelytics Solutions India Private Limited
Markelytics Solutions India Private Limited is compared with the companies closest to it by revenue in the Consumer Services industry (Professional 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 |
|---|---|---|---|---|---|---|
| Glatt (India) Engineering Private Limited | ₹29.06 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | New Delhi, Delhi, India |
| Manupatra Information Solutions Private Limited | ₹29.06 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | New Delhi, Delhi, India |
| Katalysst CPG Consultants LLP | ₹29.05 Cr (FY 2024) | •••• | •••• | 99.0% | •••• | Bangalore, Karnataka, India |
| Foodchain Id India Private Limited | ₹29 Cr (FY 2025) | •••• | •••• | 75.0% | •••• | Mumbai, Maharashtra, India |
| Karthekeya Financial Solutions Private Limited | ₹28.89 Cr (FY 2025) | •••• | •••• | -39.0% | •••• | Hyderabad, Telangana, India |
| Markelytics Solutions India Private Limited this company | ₹28.84 Cr (FY 2025) | •••• | •••• | -33.0% | •••• | Bangalore, Karnataka, India |
| Subhadra Trade and Finance Limited | ₹28.82 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Noida, Uttar Pradesh, India |
| M. K. S. Electrical and Interiors Private Limited | ₹28.8 Cr (FY 2024) | •••• | •••• | -22.0% | •••• | New Delhi, Delhi, India |
| Canvera Digital Technologies Private Limited | ₹28.77 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Bangalore, Karnataka, India |
| Alternative Path Private Limited | ₹28.75 Cr (FY 2024) | •••• | •••• | 75.0% | •••• | Gurgaon, Haryana, India |
| G S Buildtech Private Limited | ₹28.71 Cr (FY 2024) | •••• | •••• | 227.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Markelytics Solutions India by revenue in the Consumer Services industry (Professional 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 Markelytics Solutions India Private Limited
Markelytics Solutions India Private Limited is audited by P K SUBRAMANIAM & CO for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P K SUBRAMANIAM & CO | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Markelytics Solutions India Private Limited
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Charges & Borrowings of Markelytics Solutions India Private Limited
Open charges
None
Satisfied charges
₹2.25 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 May 2017 | Others | ₹2.25 Cr | Satisfied |
Total charge records: 1 View all charges
Deals & Funding of Markelytics Solutions India Private Limited
Markelytics Solutions India Private Limited has 1 deal on record (1 acquisition); the latest was in July 2013.
Total deals
1
Acquisition
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2013 | Acquisition | Undisclosed | Buyer: Cross Marketing Group Inc |
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Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Markelytics Solutions India Private Limited
Markelytics Solutions India Private Limited has a workforce of 117 employees as of Oct 08, 2025.
Employee count
117
Active EPFO establishments
1
Employee growth
-3.31%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Group Structure of Markelytics Solutions India Private Limited
Markelytics Solutions India has 2 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
2
Subsidiary companies
Key Subsidiaries
| Company Name | CIN | Shares Held |
|---|---|---|
| Velocity Mr Solutions Private Limited | U72900KA2016PTC094142 | Locked |
| Avidestal Technologies Private Limited | U72900KA2022PTC159493 | Locked |
Showing major subsidiaries. Total: 2.
Recent Activity on Markelytics Solutions India Private Limited
Markelytics Solutions India Private Limited has 11 board changes on record since 2005: 2 appointments and 9 cessations. The latest: Koji Onozuka ceased to be Nominee Director on 18 Nov 2021.
AGM
Markelytics Solutions India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Markelytics Solutions India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge registered on 17 May 2017 via Charge ID 100105160 with Others was fully satisfied on 29 Mar 2022.
Ceased
Koji Onozuka ceased to be Nominee Director.
Ceased
Miki Igarashi ceased to be Director.
Ceased
Kazuma Saito ceased to be Additional Director.
Ceased
Manabu Iwasaki ceased to be Nominee Director.
Ceased
Masahisa Saito ceased to be Nominee Director.
Charges
A charge with Others amounted to Rs. 2.25 Cr with Charge ID 100105160 was registered on 17 May 2017.
Ceased
Shigeki Hitomi ceased to be Director.
Ceased
Yoichi Yamamoto ceased to be Director.
Ceased
Anand Pranatharthi Haran ceased to be Director.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Markelytics Solutions India Private Limited
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MSME Payment Delays by Markelytics Solutions India Private Limited
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Subsidiaries & Group Companies of Markelytics Solutions India Private Limited
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GST Compliance of Markelytics Solutions India Private Limited
Markelytics Solutions India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECM5706E1ZJ | Karnataka | Active | 01 Jul 2017 |
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MCA Filings & Documents of Markelytics Solutions India Private Limited
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Frequently Asked Questions about Markelytics Solutions India Private Limited
Markelytics Solutions India is an active private limited company based in Bangalore, Karnataka, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 26 August 2005 (21+ years old) and is registered under CIN U72300KA2005PTC037071.
Markelytics Solutions India reported revenue of ₹28.84 Cr for FY 2025 (down 33% YoY).
Markelytics Solutions India has 2 current directors:
- Jasal Rajanikanth Shah - Managing Director
- Venkatesh Devarayasamudra Nagendranath - Director
Markelytics Solutions India reported a net loss of ₹3.44 Cr (net margin -11.9%) and EBITDA of -₹2.47 Cr (EBITDA margin -8.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Markelytics Solutions India is 38% over three years and 8% over five years. In the latest year (FY 2025) revenue fell 33%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Markelytics Solutions India is 29AAECM5706E1ZJ, registered in Karnataka.
The CIN (Corporate Identification Number) of Markelytics Solutions India is U72300KA2005PTC037071. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Markelytics Solutions India was incorporated on 26 August 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
Markelytics Solutions India has 1 deal on record (1 acquisition); the latest was in July 2013.
The peers of Markelytics Solutions India by revenue are Glatt (India) Engineering Private Limited, Manupatra Information Solutions Private Limited, Katalysst CPG Consultants LLP, Foodchain Id India Private Limited, Karthekeya Financial Solutions Private Limited and 5 more, all in the Consumer Services industry (Professional Services).
Koji Onozuka ceased to be Nominee Director on 18 Nov 2021. Miki Igarashi ceased to be Director on 18 Nov 2021. Kazuma Saito ceased to be Additional Director on 31 Dec 2020. Markelytics Solutions India has 11 board changes on record in total.