Mear Networks Private Limited

Mear Networks Private Limited - business services in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
CIN U74990KA2018PTC114773 Incorporated 16 July 2018 ROC Bangalore HQ Bengaluru, Karnataka, India
Active Private Limited Company business services
Data last updated
Revenue · FY 2024
₹47.99 Lakh
▼ 44% YoY
Net loss · FY 2024
₹19.85 Lakh
Net margin -41.4%
EBITDA · FY 2024
-₹19.29 Lakh
EBITDA margin -40.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered

About Mear Networks Private Limited

Data last updated:

Mear Networks Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the service-based operations segment of the business services sector. It was incorporated on 16 July 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74990KA2018PTC114773. Its GSTIN is 29AALCM9639B1Z2 (Karnataka).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Louis Prabhakar and Sampath Kiran.

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 31/3 Ganashankarapa Layout Aravinda Nagar St. Thomas Post, Bengaluru, Karnataka, India – 560084.

As per the financials filed for FY 2024, the company reported a revenue of ₹47.99 Lakh, a decline of 44% compared to the previous year. For the same year it recorded a net loss of ₹19.85 Lakh (net margin -41.4%) and EBITDA of -₹19.29 Lakh (EBITDA margin -40.2%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 23% over five years.

For more details, the company can be reached via its website mearnetworks.com.

Company details

CIN U74990KA2018PTC114773
Registration Number 114773
Incorporation Date 16 July 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025

Contact details

Mear Networks Private Limited's registered office is in Bengaluru, Karnataka. Its website is mearnetworks.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    31/3 Ganashankarapa Layout Aravinda Nagar St. Thomas Post, Bengaluru, Karnataka, India – 560084
  • Industry
    Business Services, Other Services, Miscellaneous Business Activities

To see the full contact details of Mear Networks Private Limited, buy the company report.

Comprehensive company report
Mear Networks 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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Business activity

The main business activity of Mear Networks is support service to organizations. In detail, this covers other support services to organizations.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN7Other support services to organizations

To see the full business activity and turnover split of Mear Networks Private Limited, buy the company report.

Financials of Mear Networks Private Limited

FY 2025 filings available

Mear Networks Private Limited reported revenue of ₹47.99 Lakh (down 44% YoY) for FY 2024.

Revenue · FY 2024
₹47.99 Lakh ▼ 44%
Net loss · FY 2024
₹19.85 Lakh margin -41.4%
EBITDA · FY 2024
-₹19.29 Lakh margin -40.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 44%
3 years · compounded
▲ 8%
5 years · compounded
▲ 23%
EBITDA CAGR growth
1 year
▼ 244%
3 years · compounded
▼ 78%
5 years · compounded
▼ 75%

Revenue fell 44% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 23%. EBITDA fell 244% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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-₹19.29 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹19.85 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-40.2%
Net Profit Margin-41.4%
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 Mear Networks Private Limited, buy the company report.

Board of directors of Mear Networks Private Limited

Mear Networks has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Louis PrabhakarDirector16 Jul 20188 Years 3 MonthsCurrent
Sampath KiranDirector16 Jul 20188 Years 3 MonthsCurrent
Rathna SreedharanAdditional Director05 Feb 20260 Years 8 MonthsCurrent

MSME payment delays

No delayed payments to MSME suppliers are on our record for Mear Networks Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Mear Networks has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AALCM9639B1Z2KarnatakaActive12 Oct 2018

To see the full GST registrations and return filing status of Mear Networks Private Limited, buy the company report.

Recent activity

Mear Networks Private Limited has 3 board changes on record since 2018: 3 appointments. The latest: Rathna Sreedharan was appointed as Additional Director on 05 Feb 2026.

Appointed
Rathna Sreedharan was appointed as Additional Director.
AGM
Mear Networks Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mear Networks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Louis Prabhakar was appointed as Director.
Appointed
Sampath Kiran was appointed as Director.
Incorporation
16 Jul 2018
Mear Networks Private Limited was registered on 16 Jul 2018 with Roc Bangalore & aged 8 years 3 months as per MCA records.

Frequently asked questions

Mear Networks is an active private limited company based in Bengaluru, Karnataka, India. The company works in other services, within the business services industry. It was incorporated on 16 July 2018 (8+ years old) and is registered under CIN U74990KA2018PTC114773.

Mear Networks has 3 current directors:

The latest financial statements of Mear Networks on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.

The GSTIN of Mear Networks is 29AALCM9639B1Z2, registered in Karnataka.

The CIN (Corporate Identification Number) of Mear Networks is U74990KA2018PTC114773. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Mear Networks was incorporated on 16 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.

Rathna Sreedharan was appointed as Additional Director on 05 Feb 2026. Louis Prabhakar was appointed as Director on 16 Jul 2018. Sampath Kiran was appointed as Director on 16 Jul 2018.

Mear Networks can be reached through the website mearnetworks.com. Its registered office is in Bengaluru, Karnataka, India.

The registered office of Mear Networks is at 313 Ganashankarapa Layout Aravinda Nagar St. Thomas Post, Bengaluru, Karnataka, India – 560084.

Mear Networks operates in the business services industry, in the other services segment.