Merit Retail Private Limited

Merit Retail Private Limited - fashion and textile in Karimnagar, Telangana, India. FY 2026 financials and compliance.
CIN U52609TG2017PTC115941 Incorporated 16 March 2017 ROC Hyderabad HQ Karimnagar, Telangana, India
Converted to LLP Private Limited Company fashion and textile
Data last updated
Revenue · FY 2024
₹24.29 Cr
▼ 5.00% YoY
EBITDA · FY 2024
*****
▼ 30.00% YoY
Net profit · FY 2024
*****
▼ 31.00% YoY
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
None
Secured borrowings
Company age
9 yrs
Est. 2017
Employees · EPFO
136
Latest available

About Merit Retail Private Limited

Data last updated: 11 March 2026

Merit Retail Private Limited is a private limited company based in Karimnagar, Telangana, India. The company has been converted to a Limited Liability Partnership (LLP). For the latest details, refer to the successor LLP entity. It specialises in fashion retail, a part of the broader fashion and textiles sector. Incorporated on 16 March 2017, the company has been in operation for over 9 years.

Registered with ROC Hyderabad under CIN U52609TG2017PTC115941.

Capital: an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Munendar Gourishetty and Gourisetti Arun Sai.

Last AGM: 29 September 2025. Financial statements filed for year ended 31 March 2025. Office: No.3 – 5 – 39 Annamaneni Hanumamma Complex Osmanpura Opp Government Girlsjr.College, Karimnagar, Telangana, India – 505001.

As per the financials filed for FY 2024, the company reported a revenue of ₹24.29 Cr, a decline of 5% compared to the previous year.

The company has a workforce of approximately 136 employees as per the latest available data.

The company has been converted to a Limited Liability Partnership (LLP). For the most current information, refer to the successor LLP entity registered with MCA.

Company Details of Merit Retail Private Limited
CIN U52609TG2017PTC115941
Registration Number 115941
Incorporation Date 16 March 2017
ROC Hyderabad
Listing Status Unlisted
Company Status Converted to LLP
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Munendar Gourishetty Director Gourisetti Arun Sai Director Gourisetty Varun Nag Director
Contact Details
  • Email
    *****@*****.com
  • Telephone
    **************
  • Website
    **************
  • Social Media
    **************
  • Registered Address
    No.3 – 5 – 39 Annamaneni Hanumamma Complex Osmanpura Opp Government Girlsjr.College, Karimnagar, Telangana, India – 505001
  • Industry
    Fashion and Textile, Fashion Retail
Company report
Merit Retail Private Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Merit Retail Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Business Activity of Merit Retail Private Limited

Merit Retail Private Limited is engaged in the principal business activity of trade, with detailed activities including retail trading.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
G Trade G2 Retail Trading *********

Board of Directors of Merit Retail Private Limited

Merit Retail Private Limited is currently managed by 8 directors, with 6 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Directors (as last reported)
Name Designation Appointment Date Tenure Status
Munendar Gourishetty
Also directs: Merit Retail Llp, Gvn Softech Private Limited
Director 16 Mar 2017 9 Years 3 Months As last reported
Gourisetti Arun Sai
Also directs: Lorven Infra Build Llp, Merit Retail Llp
Director 29 Mar 2023 3 Years 3 Months As last reported
Gourisetty Varun Nag
Also directs: Lorven Infra Build Llp, Merit Retail Llp, Gvn Softech Private Limited
Director 29 Mar 2023 3 Years 3 Months As last reported
Rachana Sree Potti
Also directs: Merit Retail Llp
Director 03 Oct 2017 8 Years 9 Months As last reported
Keshav Gupta Tiruveedhula
Also directs: Lorven Infra Build Llp, Merit Retail Llp, Siddhi Vinayaka Fashions Llp and 2 more
Director 03 Oct 2017 8 Years 9 Months As last reported
Abhinay Venkata Sai Potti
Also directs: Lorven Infra Build Llp, Merit Retail Llp, Siddhi Vinayaka Fashions Llp and 2 more
Director 16 Mar 2017 9 Years 3 Months As last reported
Showing 6 of 8 current directors. View all directors

Financials of Merit Retail Private Limited FY 2025 filings available

Merit Retail Private Limited reported revenue of ₹24.29 Cr (down 5% YoY) for FY 2024. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹24.29 Cr ▼ -5%
Profit
***** ▼ -31%
EBITDA
***** ▼ -30%
Metrics
*****
*****
*****
*****
*****
Revenue
Revenue from Operations
*****
*****
*****
*****
*****
Revenue Growth %
*****
*****
*****
*****
*****
Other Income
*****
*****
*****
*****
*****
Total Revenue
*****
*****
*****
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*****
Expenses
Total Expenses
*****
*****
*****
*****
*****
Raw Material Cost
*****
*****
*****
*****
*****
Change in Inventory FG
*****
*****
*****
*****
*****
Change in Inventory WIP
*****
*****
*****
*****
*****
Purchase of Traded Goods
*****
*****
*****
*****
*****
Employee Cost
*****
*****
*****
*****
*****
Managerial Remuneration
*****
*****
*****
*****
*****
Audit Fees
*****
*****
*****
*****
*****
Insurance
*****
*****
*****
*****
*****
Power & Fuel
*****
*****
*****
*****
*****
Interest
*****
*****
*****
*****
*****
Depreciation
*****
*****
*****
*****
*****
Other Expenses
*****
*****
*****
*****
*****
Profitability
EBITDA (Operating Profit)
*****
*****
*****
*****
*****
Operating Margin %
*****
*****
*****
*****
*****
Exceptional Items
*****
*****
*****
*****
*****
Extraordinary Items
*****
*****
*****
*****
*****
Profit Before Exceptional & Extraordinary Items
*****
*****
*****
*****
*****
Profit Before Tax
*****
*****
*****
*****
*****
Tax & Net Profit
Tax Expense
*****
*****
*****
*****
*****
Current Tax
*****
*****
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Deferred Tax
*****
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Profit from Discontinued Operations
*****
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Tax on Discontinued Operations
*****
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Profit
*****
*****
*****
*****
*****
Net Margin %
*****
*****
*****
*****
*****
Metrics
*****
*****
*****
*****
*****
Shareholders' Funds
Total Shareholders' Funds
*****
*****
*****
*****
*****
Equity Capital
*****
*****
*****
*****
*****
Reserves & Surplus
*****
*****
*****
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*****
Money Against Warrants
*****
*****
*****
*****
*****
Other Equity
*****
*****
*****
*****
*****
Non-Current Liabilities
Total Non-Current Liabilities
*****
*****
*****
*****
*****
Long-Term Borrowings
*****
*****
*****
*****
*****
Deferred Tax Liabilities
*****
*****
*****
*****
*****
Other Non-Current Liabilities
*****
*****
*****
*****
*****
Long-Term Provisions
*****
*****
*****
*****
*****
Current Liabilities
Total Current Liabilities
*****
*****
*****
*****
*****
Short-Term Borrowings
*****
*****
*****
*****
*****
Trade Payables
*****
*****
*****
*****
*****
Other Current Liabilities
*****
*****
*****
*****
*****
Short-Term Provisions
*****
*****
*****
*****
*****
Total Equity & Liabilities
*****
*****
*****
*****
*****
Non-Current Assets
Non-Current Assets
*****
*****
*****
*****
*****
Tangible Assets
*****
*****
*****
*****
*****
Intangible Assets
*****
*****
*****
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*****
Capital WIP
*****
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Intangibles Under Dev
*****
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*****
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Investments
*****
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*****
*****
*****
Deferred Tax Assets
*****
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*****
*****
*****
LT Loans & Advances
*****
*****
*****
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*****
Other Non-Current Assets
*****
*****
*****
*****
*****
Current Assets
Current Assets
*****
*****
*****
*****
*****
Current Investments
*****
*****
*****
*****
*****
Inventories
*****
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Trade Receivables
*****
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Cash & Bank Balance
*****
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ST Loans & Advances
*****
*****
*****
*****
*****
Other Current Assets
*****
*****
*****
*****
*****
Total Assets
*****
*****
*****
*****
*****
Metrics
*****
*****
*****
*****
*****
Cash from Operating Activities (CFO)
Profit Before Tax
*****
*****
*****
*****
*****
Non-Cash Adjustments
*****
*****
*****
*****
*****
+ Interest Expense
*****
*****
*****
*****
*****
+ Depreciation
*****
*****
*****
*****
*****
+/- Unrealized Forex
*****
*****
*****
*****
*****
- Dividend Income
*****
*****
*****
*****
*****
- Interest Income
*****
*****
*****
*****
*****
+/- Other Non-Cash Items
*****
*****
*****
*****
*****
Changes in Working Capital
*****
*****
*****
*****
*****
+/- Inventory
*****
*****
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*****
+/- Debtors
*****
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*****
+/- Creditors
*****
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Reconciliation Adjustments
*****
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Cash Generated from Operations
*****
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*****
Income Taxes Paid
*****
*****
*****
*****
*****
Net CFO (Cash from Operations)
*****
*****
*****
*****
*****
Cash from Investing Activities (CFI)
Acquisitions & Disposals
*****
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*****
*****
Disposal of Subsidiaries
*****
*****
*****
*****
*****
Acquisition of Subsidiaries
*****
*****
*****
*****
*****
Capex
*****
*****
*****
*****
*****
Purchase of Fixed Assets
*****
*****
*****
*****
*****
Sale of Fixed Assets
*****
*****
*****
*****
*****
Other Investing Cash Flows
*****
*****
*****
*****
*****
Net CFI (Cash from Investing)
*****
*****
*****
*****
*****
Cash from Financing Activities (CFF)
Equity Issuance
*****
*****
*****
*****
*****
Debt Raised
*****
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*****
Debt Repaid
*****
*****
*****
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Dividends Paid
*****
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Interest Paid
*****
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*****
*****
Net CFF (Cash from Financing)
*****
*****
*****
*****
*****
Net Cash Position
Net Change in Cash (Pre-Forex)
*****
*****
*****
*****
*****
Closing Cash & Equivalents
*****
*****
*****
*****
*****
Metrics
*****
*****
*****
*****
*****
Liquidity
Current Ratio
*****
*****
*****
*****
*****
Quick Ratio
*****
*****
*****
*****
*****
Cash Ratio
*****
*****
*****
*****
*****
Efficiency
Inventory Days
*****
*****
*****
*****
*****
Debtor Days
*****
*****
*****
*****
*****
Creditor Days
*****
*****
*****
*****
*****
Cash Conversion Cycle
*****
*****
*****
*****
*****
Asset Turnover
*****
*****
*****
*****
*****
Profitability
Net Profit Margin %
*****
*****
*****
*****
*****
Operating Margin %
*****
*****
*****
*****
*****
ROE %
*****
*****
*****
*****
*****
ROCE %
*****
*****
*****
*****
*****
Net Worth Margin %
*****
*****
*****
*****
*****
Growth
Revenue Growth %
*****
*****
*****
*****
*****
Leverage
Equity Multiplier
*****
*****
*****
*****
*****
Debt / EBITDA
*****
*****
*****
*****
*****
Solvency
D/E Ratio
*****
*****
*****
*****
*****
ICR
*****
*****
*****
*****
*****

Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF
What Is the Ownership and Shareholding Structure of Merit Retail Private Limited?

View Merit Retail Private Limited's control and ownership data: shareholding patterns, funding details, FII information, directors and KMP remuneration, group structure, overseas investment and related data.

Shareholding Pattern (FY 2026)
Shareholding pattern chart
  • Promoters: **.**%
  • Public: **.**%
  • Others: **.**%
Shareholding Pattern over the Year
FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Promoters**.****.****.****.****.**
Public**.****.****.****.****.**
Others**.****.****.****.****.**

Full shareholding pattern with quarterly trends.

Charges & Borrowings Merit Retail Private Limited

Merit Retail Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Merit Retail Private Limited

Merit Retail Private Limited has a workforce of 136 employees as of Apr 09, 2024.

Employee count
136
Active EPFO establishments
1
Employee growth
19.3%
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Merit Retail Private Limited

Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.

Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Merit Retail Private Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Merit Retail Private Limited

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Merit Retail Private Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Merit Retail Private Limited

Access complete credit rating history, litigation records, regulatory alerts, and compliance data.

Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Merit Retail Private Limited

MSME Payment Delays by Merit Retail Private Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Merit Retail Private Limited

Subsidiaries & Group Companies of Merit Retail Private Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Merit Retail Private Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Merit Retail Private Limited

MCA Filings & Documents of Merit Retail Private Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Merit Retail Private Limited

Activity
29 Sep 2025
Merit Retail Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Activity
31 Mar 2025
Merit Retail Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad.
Directors
29 Mar 2023
Gourisetti Arun Sai was appointed as a Director on 29 Mar 2023 & has been associated with this company since 3 years 3 months.
Directors
29 Mar 2023
Gourisetty Varun Nag was appointed as a Director on 29 Mar 2023 & has been associated with this company since 3 years 3 months.
Directors
03 Oct 2017
Rachana Sree Potti was appointed as a Director on 03 Oct 2017 & has been associated with this company since 8 years 9 months.
Directors
03 Oct 2017
Keshav Gupta Tiruveedhula was appointed as a Director on 03 Oct 2017 & has been associated with this company since 8 years 9 months.

Frequently Asked Questions about Merit Retail Private Limited

Merit Retail Private Limited has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.

Merit Retail Private Limited is a former company now converted to LLP, previously operating as a private limited company in the fashion and textile sector based in Karimnagar, Telangana, India. It was incorporated on 16 March 2017 and is registered under CIN U52609TG2017PTC115941. For the latest details, refer to the successor LLP entity.

The CIN (Corporate Identification Number) of Merit Retail Private Limited is U52609TG2017PTC115941. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The current directors of Merit Retail Private Limited are:

The primary industry of Merit Retail Private Limited is fashion and textile. The company specifically operates in fashion retail.

Merit Retail Private Limited was incorporated on 16 March 2017. Registered with ROC Hyderabad.

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