Meridian Infotech Limited

Meridian Infotech Limited - information technology in Vadodara, Gujarat, India. FY 2026 financials & compliance.
CIN U30007GJ1995PLC028142 Incorporated 16 November 1995 ROC Ahmedabad HQ Vadodara, Gujarat, India
Active Public Limited Company information technology MSME · Medium
Data last updated
Revenue · FY 2025
₹278.62 Cr
▲ 34% YoY
Net profit · FY 2025
₹12.55 Cr
Net margin 4.5%
EBITDA · FY 2025
₹18.61 Cr
EBITDA margin 6.7%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹3.49 Cr
Issued & subscribed
Open charges
₹17.2 Cr
Satisfied ₹71 Lakh
Company age
31 yrs
Est. 1995
Employees · EPFO
317
Provident fund records

About Meridian Infotech Limited

Data last updated:

Meridian Infotech Limited is a public limited company based in Vadodara, Gujarat, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 16 November 1995 and has been in existence for over 31 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U30007GJ1995PLC028142. Its GSTIN is 24AABCM3420E1Z5 (Gujarat). The company holds 4 GST registrations, of which 3 are active.

The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.49 Cr. It was formerly known as Meridian Infotech Private Limited. It is led by directors including Bhavesh Dhanvantray Buddhdev and Jayesh Dhirajlal Buddhadev.

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 201 – 202 Vice Regal 15 Punit Nagar Off – Old Padra Road, Vadodara, Gujarat, India – 390015.

As per the financials filed for FY 2025, the company reported a revenue of ₹278.62 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹12.55 Cr (net margin 4.5%) and EBITDA of ₹18.61 Cr (EBITDA margin 6.7%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 34% over five years.

The company has about 317 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹17.2 Cr and satisfied charges of ₹71 Lakh on record. The company has 1 deal on record (1 secondary share transfer); the latest was in May 2016.

Meridian Infotech Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0011668). 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.co.in.

Company details

CIN U30007GJ1995PLC028142
Registration Number 028142
Incorporation Date 16 November 1995
ROC Ahmedabad
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 Medium
Udyam Registration UDYAM-GJ-24-0011668

CIN history

Meridian Infotech has one previous CIN (Corporate Identification Number): U30007GJ1995PTC028142. The current CIN is U30007GJ1995PLC028142, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U30007GJ1995PLC028142Current
U30007GJ1995PTC028142Previous
Key People
Bhavesh Dhanvantray Buddhdev Director Jayesh Dhirajlal Buddhadev Director Devang Dhimantray Jasani Director

Recognitions & Rankings of Meridian Infotech

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-24-0011668

Contact details

Meridian Infotech Limited's registered office is in Vadodara, Gujarat. Its website is meridian.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    meridian.co.in
  • Social Media
  • Registered Address
    201 – 202 Vice Regal 15 Punit Nagar Off – Old Padra Road, Vadodara, Gujarat, India – 390015
  • Industry
    Information Technology, IT Consulting & Support Services

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

Comprehensive company report
Meridian Infotech 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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Secure checkout · GST invoice included

Business activity

The main business activity of Meridian Infotech is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

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

Financials of Meridian Infotech Limited

FY 2025 filings available

Meridian Infotech Limited reported revenue of ₹278.62 Cr (up 34% YoY) for FY 2025.

Revenue · FY 2025
₹278.62 Cr ▲ 34%
Net profit · FY 2025
₹12.55 Cr margin 4.5%
EBITDA · FY 2025
₹18.61 Cr margin 6.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 34%
3 years · compounded
▲ 36%
5 years · compounded
▲ 34%
EBITDA CAGR growth
1 year
▲ 41%
3 years · compounded
▲ 40%
5 years · compounded
▲ 37%

Revenue has grown at a compounded annual rate (CAGR) of 34% over five years, including 34% growth in the latest year. EBITDA rose 41% 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₹18.61 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹12.55 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 Margin6.7%
Net Profit Margin4.5%
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 Infotech Limited, buy the company report.

Board of directors of Meridian Infotech Limited

Meridian Infotech has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Bhavesh Dhanvantray Buddhdev
Also directs: Tech Scout Labs LLP, Disruption Enablers Consortium LLP, Bright Agritrade LLP and 5 more
Director16 Nov 199530 Years 11 MonthsCurrent
Jayesh Dhirajlal Buddhadev
Also directs: Drizzle Trading and Investments Private Limited
Director16 Nov 199530 Years 11 MonthsCurrent
Devang Dhimantray Jasani
Also directs: Disruption Enablers Consortium LLP, Disruptech Services Private Limited, Kalyan Krupa Foundation and 1 more
Director19 May 201016 Years 5 MonthsCurrent
View all directors

Auditor

Meridian Infotech Limited is audited by N C. Vaishnav & Co. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
N C. Vaishnav & Co.FY 2023112712W

Shareholding

The shareholding of Meridian Infotech 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 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Meridian Infotech Limited, buy the company report.

Charges & borrowings

Open charges
₹17.2 Cr
Satisfied charges
₹71 Lakh
Breakdown by lending institutions
Others₹15.17 Cr
Axis Bank Limited₹2.00 Cr
Syndicate Bank₹0.03 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
19 Nov 2020100422555Axis Bank Limited₹2 CrOpen
24 Dec 201010259569Others₹15.17 CrOpen
15 Apr 200590107108Syndicate Bank₹3.2 LakhOpen
10 Oct 201410529092Icici Bank Limited₹56 LakhSatisfied
18 May 200710057038Syndicate Bank₹15 LakhSatisfied

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

Total charge records: 5 View all charges

Deals & funding

Meridian Infotech Limited has 1 deal on record (1 secondary share transfer); the latest was in May 2016.

Total deals
1
Secondary share transfer
1

Deals on record (1 of 1)

WhenDealAmountParties
May 2016Secondary share transferUndisclosedBuyer: 3 individuals
Seller: Associated Infotech Limited , R. L. Capital Private Limited , Jayesh D. Buddhdev HUF, 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 Meridian Infotech Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Meridian Infotech Limited has a workforce of 317 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.

Employee count
317
Active EPFO establishments
1
Employee growth
4.62%

GST

Meridian Infotech has 4 GST registrations: 3 active and 1 cancelled or inactive.

Total GSTINs
4
Active
3
Cancelled / inactive
1
GSTINStateStatusRegistered on
24AABCM3420E1Z5GujaratActive01 Jul 2017
08AABCM3420E1ZZRajasthanActive01 Jul 2017
27AABCM3420E1ZZMaharashtraActive01 Jul 2017

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

Recent activity

Meridian Infotech Limited has 5 board changes on record since 1995: 4 appointments and 1 cessation. The latest: Mehul Dhanvantrai Buddhadev ceased to be Director on 28 Dec 2010.

AGM
Meridian Infotech Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Meridian Infotech Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 15.17 Cr registered on 24 Dec 2010 with Charge ID 10259569 was modified on 13 Mar 2025.
Charges
A charge with Axis Bank Limited of Rs. 2.00 Cr registered on 19 Nov 2020 with Charge ID 100422555 was modified on 30 Jul 2021.
Charges
A charge with Axis Bank Limited amounted to Rs. 2.00 Cr with Charge ID 100422555 was registered on 19 Nov 2020.
Charges
A charge registered on 10 Oct 2014 via Charge ID 10529092 with Icici Bank Limited was fully satisfied on 20 Mar 2018.
Charges
A charge with Icici Bank Limited amounted to Rs. 0.56 Cr with Charge ID 10529092 was registered on 10 Oct 2014.
Charges
A charge registered on 18 May 2007 via Charge ID 10057038 with Syndicate Bank was fully satisfied on 24 Jan 2011.
Ceased
Mehul Dhanvantrai Buddhadev ceased to be Director.
Charges
A charge with Others amounted to Rs. 15.17 Cr with Charge ID 10259569 was registered on 24 Dec 2010.
Appointed
Devang Dhimantray Jasani was appointed as Director.
Charges
A charge with Syndicate Bank amounted to Rs. 0.15 Cr with Charge ID 10057038 was registered on 18 May 2007.

5 earlier events are in the company report.

Frequently asked questions

Meridian Infotech is an active public limited company based in Vadodara, Gujarat, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 16 November 1995 (31+ years old) and is registered under CIN U30007GJ1995PLC028142.

Meridian Infotech has 3 current directors:

The latest financial statements of Meridian Infotech 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 Infotech is 24AABCM3420E1Z5, registered in Gujarat. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 08AABCM3420E1ZZ (Rajasthan), 27AABCM3420E1ZZ (Maharashtra).

The CIN (Corporate Identification Number) of Meridian Infotech is U30007GJ1995PLC028142. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Meridian Infotech was incorporated on 16 November 1995, making it 31+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Meridian Infotech has 1 deal on record (1 secondary share transfer); the latest was in May 2016.

Mehul Dhanvantrai Buddhadev ceased to be Director on 28 Dec 2010. Devang Dhimantray Jasani was appointed as Director on 19 May 2010. Mehul Dhanvantrai Buddhadev was appointed as Director on 02 Sep 1998. Meridian Infotech has 5 board changes on record in total.

Yes, Meridian Infotech is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-24-0011668).

Meridian Infotech can be reached through the website meridian.co.in. Its registered office is in Vadodara, Gujarat, India.