Meridian Inflatables Private Limited

Meridian Inflatables Private Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74999MH1977PTC019920 Incorporated 18 October 1977 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company manufacturing MSME · Micro
Data last updated
Revenue · FY 2025
₹2.38 Cr
▼ 36% YoY
Net loss · FY 2025
₹63.88 Lakh
Net margin -26.9%
EBITDA · FY 2025
-₹48.78 Lakh
EBITDA margin -20.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹7.44 Cr
Secured borrowings
Company age
49 yrs
Est. 1977
Employees · EPFO
9
Provident fund records

About Meridian Inflatables Private Limited

Data last updated:

Meridian Inflatables Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the security products segment of the manufacturing sector. It was incorporated on 18 October 1977 and has been in existence for over 49 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH1977PTC019920. Its GSTIN is 27AABCM8525G1ZF (Maharashtra).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Arun Vinayak Phatak (Managing Director) and Vinit Arun Phatak.

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 103 Marwan Industrialhouse Saki Vihar Rd Andheri (E), Mumbai, Maharashtra, India – 400072.

As per the financials filed for FY 2025, the company reported a revenue of ₹2.38 Cr, a decline of 36% compared to the previous year. For the same year it recorded a net loss of ₹63.88 Lakh (net margin -26.9%) and EBITDA of -₹48.78 Lakh (EBITDA margin -20.5%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 5% over five years.

The company has about 9 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹7.44 Cr on record. Court records list 1 case involving the company, including 1 filed against it.

Meridian Inflatables Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0050021). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website meridian.in.

Company details

CIN U74999MH1977PTC019920
Registration Number 019920
Incorporation Date 18 October 1977
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0050021
Key People
Arun Vinayak Phatak Managing Director Vinit Arun Phatak Director

Recognitions & Rankings of Meridian Inflatables

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-18-0050021

Contact details

Meridian Inflatables Private Limited's registered office is in Mumbai, Maharashtra. Its website is meridian.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    meridian.in
  • Social Media
  • Registered Address
    103 Marwan Industrialhouse Saki Vihar Rd Andheri (E), Mumbai, Maharashtra, India – 400072
  • Industry
    Manufacturing, Security Products

To see the full contact details of Meridian Inflatables Private Limited, buy the company report.

Comprehensive company report
Meridian Inflatables 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 Meridian Inflatables is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products

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

Financials of Meridian Inflatables Private Limited

FY 2025 filings available

Meridian Inflatables Private Limited reported revenue of ₹2.38 Cr (down 36% YoY) for FY 2025.

Revenue · FY 2025
₹2.38 Cr ▼ 36%
Net loss · FY 2025
₹63.88 Lakh margin -26.9%
EBITDA · FY 2025
-₹48.78 Lakh margin -20.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 36%
3 years · compounded
▼ 16%
5 years · compounded
▼ 5%
EBITDA CAGR growth
1 year
▼ 288%
3 years · compounded
▼ 40%
5 years · compounded
▼ 62%

Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 36% fall in the latest year. 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

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-₹48.78 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹63.88 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-20.5%
Net Profit Margin-26.9%
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

To see the full financial statements and ratios of Meridian Inflatables Private Limited, buy the company report.

Board of directors of Meridian Inflatables Private Limited

Meridian Inflatables has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Arun Vinayak Phatak
Also directs: Primenumerics Systems & Technologies LLP
Managing Director15 Nov 200223 Years 11 MonthsCurrent
Vinit Arun Phatak
Also directs: Invision Projects Private Limited, Invision Fine Foods Private Limited, Invision Air Services Private Limited
Director15 Nov 200223 Years 11 MonthsCurrent
View all directors

Auditor

Meridian Inflatables Private Limited is audited by SHAHADE & ASSOCIATES for the financial year 2022.

Auditor firmFinancial yearFirm registration number
SHAHADE & ASSOCIATESFY 2022109840W

Shareholding

The shareholding of Meridian Inflatables 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 Meridian Inflatables Private Limited, buy the company report.

Charges & borrowings

Open charges
₹7.44 Cr
Satisfied charges
None
Breakdown by lending institutions
Canara Bank₹7.44 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
04 Sep 199990229496Canara Bank₹15 LakhOpen
31 Mar 199890230986Canara Bank₹7.5 LakhOpen
02 Mar 199890229317Canara Bank₹1.02 CrOpen
12 Jan 199890230969Canara Bank₹2.11 CrOpen
06 Sep 199690230906Canara Bank₹3 LakhOpen

To see the full charge records of Meridian Inflatables Private Limited, buy the company report.

Total charge records: 19 View all charges

MSME payment delays

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

Employees & EPFO

Meridian Inflatables Private Limited has a workforce of 9 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.

Employee count
9
Active EPFO establishments
1
Employee growth
-25%

GST

Meridian Inflatables has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AABCM8525G1ZFMaharashtraActive01 Jul 2017

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

Recent activity

Meridian Inflatables Private Limited has 2 board changes on record since 2002: 2 appointments. The latest: Arun Vinayak Phatak was appointed as Managing Director on 15 Nov 2002.

AGM
Meridian Inflatables Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Meridian Inflatables Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Canara Bank of Rs. 210.60 Lakh registered on 12 Jan 1998 with Charge ID 90230969 was modified on 30 Jun 2020.
Charges
A charge with Canara Bank of Rs. 210.60 Lakh registered on 02 Jul 1979 with Charge ID 90227508 was modified on 30 Jun 2020.
Appointed
Arun Vinayak Phatak was appointed as Managing Director.
Appointed
Vinit Arun Phatak was appointed as Director.
Charges
A charge with Canara Bank amounted to Rs. 15.00 Lakh with Charge ID 90229496 was registered on 04 Sep 1999.
Charges
A charge with Canara Bank of Rs. 102.00 Lakh registered on 02 Mar 1998 with Charge ID 90229317 was modified on 04 Sep 1999.
Charges
A charge with Canara Bank amounted to Rs. 7.50 Lakh with Charge ID 90230986 was registered on 31 Mar 1998.
Charges
A charge with Canara Bank amounted to Rs. 102.00 Lakh with Charge ID 90229317 was registered on 02 Mar 1998.
Charges
A charge with Canara Bank amounted to Rs. 210.60 Lakh with Charge ID 90230969 was registered on 12 Jan 1998.
Charges
A charge with Canara Bank amounted to Rs. 3.00 Lakh with Charge ID 90230906 was registered on 06 Sep 1996.

22 earlier events are in the company report.

Frequently asked questions

Meridian Inflatables is an active private limited company based in Mumbai, Maharashtra, India. The company works in security products, within the manufacturing industry. It was incorporated on 18 October 1977 (49+ years old) and is registered under CIN U74999MH1977PTC019920.

Meridian Inflatables has 2 current directors:

The latest financial statements of Meridian Inflatables 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 2015 are in the company report.

The GSTIN of Meridian Inflatables is 27AABCM8525G1ZF, registered in Maharashtra.

The CIN (Corporate Identification Number) of Meridian Inflatables is U74999MH1977PTC019920. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Meridian Inflatables has 1 court case on record: 1 filed against it.

Meridian Inflatables was incorporated on 18 October 1977, making it 49+ years old. It is registered with the Registrar of Companies, Mumbai.

Arun Vinayak Phatak was appointed as Managing Director on 15 Nov 2002. Vinit Arun Phatak was appointed as Director on 15 Nov 2002.

Yes, Meridian Inflatables is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0050021).

Meridian Inflatables can be reached through the website meridian.in. Its registered office is in Mumbai, Maharashtra, India.