Merit Solutions Private Limited
About Merit Solutions Private Limited
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Merit Solutions Private Limited is a private limited company based in Edappally, Kerala, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 23 June 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72200KL2005PTC018341. Its GSTIN is 32AAECM4676R1ZU (Kerala).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Thomas Kothampananiyil Mathew (Managing Director) and Dibin Antony (Whole-Time Director).
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 41/131P 2D Malabargate Apartments Near Edappally Bye Pass, Kerala, India – 682024.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.99 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net loss of ₹24.8 Lakh (net margin -12.4%) and EBITDA of -₹32.33 Lakh (EBITDA margin -16.2%). Revenue has declined at a compounded annual rate (CAGR) of 28% over three years and 8% over five years.
As per MCA filings, the company has open charges of ₹13 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address41/131P 2D Malabargate Apartments Near Edappally Bye Pass, Kerala, India – 682024
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
- One PDF report, delivered after checkout
Business Activity of Merit Solutions Private Limited
The main business activity of Merit Solutions is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Merit Solutions Private Limited FY 2025 filings available
Merit Solutions Private Limited reported revenue of ₹1.99 Cr (down 16% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Merit Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 16% fall in the latest year. EBITDA rose 43% 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 Merit Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | -₹32.33 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹24.8 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 of Merit Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -16.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -12.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Merit Solutions are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Merit Solutions Private Limited
Merit Solutions Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Badjate Real Estates Private Limited | ₹2 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Nagpur, Maharashtra, India |
| D and C Hospitality Services Private Limited | ₹2 Cr (FY 2023) | •••• | •••• | -53.0% | •••• | Ahmedabad, Gujarat, India |
| Entire Infraworld Private Limited | ₹1.99 Cr (FY 2024) | •••• | •••• | 117.0% | •••• | Lucknow, Uttar Pradesh, India |
| Asc Realinfra Private Limited | ₹1.99 Cr (FY 2024) | •••• | •••• | -23.0% | •••• | Gurugram, Haryana, India |
| Alpine Realcon Private Limited | ₹1.99 Cr (FY 2025) | •••• | •••• | -31.0% | •••• | Bangalore, Karnataka, India |
| Merit Solutions Private Limited this company | ₹1.99 Cr (FY 2024) | •••• | •••• | -16.0% | •••• | Edappally, Kerala, India |
| Apparent Real Estate Private Limited | ₹1.99 Cr (FY 2025) | •••• | •••• | 312.0% | •••• | Bishnupur, West Bengal, India |
| Sobha Nandambakkam Developers Limited | ₹1.99 Cr (FY 2025) | •••• | •••• | -63.0% | •••• | Chennai, Tamil Nadu, India |
| Makkan Buildmat Private Limited | ₹1.99 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Bhubaneswar, Odisha, India |
| R & A Business Ventures Private Limited | ₹1.99 Cr (FY 2025) | •••• | •••• | 38217.0% | •••• | Chennai, Tamil Nadu, India |
| Tamadine Private Limited | ₹1.99 Cr (FY 2024) | •••• | •••• | -8.0% | •••• | Patna, Bihar, India |
Peers are the five companies nearest above and the five nearest below Merit Solutions by revenue in the Real Estate industry (Builders and Developers), 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 Merit Solutions Private Limited
Merit Solutions Private Limited is audited by P T JOSEPH & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P T JOSEPH & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Merit Solutions Private Limited
Merit Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dibin Antony | Whole-Time Director | 04 Jul 2017 | 9 Years 3 Months | Current |
| Thomas Kothampananiyil Mathew | Managing Director | 23 Jun 2005 | 21 Years 3 Months | Current |
Ownership and Shareholding of Merit Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Merit Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Mar 2025 | Others | ₹13 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Merit Solutions Private Limited
Employment history and EPFO contributions of people linked to Merit Solutions.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Merit Solutions Private Limited
Merit Solutions Private Limited has 4 board changes on record since 2005: 2 appointments and 2 cessations. The latest: Romy Sebastian Kottampananiyil Mathew ceased to be Director on 07 Jul 2017.
Credit Ratings, Litigation & Regulatory Alerts for Merit Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Merit Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Merit Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Merit Solutions Private Limited
Merit Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAECM4676R1ZU | Kerala | Active | 28 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Merit Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Merit Solutions Private Limited
Merit Solutions is an active private limited company based in Edappally, Kerala, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 23 June 2005 (21+ years old) and is registered under CIN U72200KL2005PTC018341.
Merit Solutions reported revenue of ₹1.99 Cr for FY 2024 (down 16% YoY).
Merit Solutions has 2 current directors:
- Thomas Kothampananiyil Mathew - Managing Director
- Dibin Antony - Whole-Time Director
Merit Solutions reported a net loss of ₹24.8 Lakh (net margin -12.4%) and EBITDA of -₹32.33 Lakh (EBITDA margin -16.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Merit Solutions is 28% over three years and -8% over five years. In the latest year (FY 2024) revenue fell 16%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Merit Solutions is 32AAECM4676R1ZU, registered in Kerala.
The CIN (Corporate Identification Number) of Merit Solutions is U72200KL2005PTC018341. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Merit Solutions was incorporated on 23 June 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Merit Solutions by revenue are Badjate Real Estates Private Limited, D and C Hospitality Services Private Limited, Entire Infraworld Private Limited, Asc Realinfra Private Limited, Alpine Realcon Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Romy Sebastian Kottampananiyil Mathew ceased to be Director on 07 Jul 2017. Dibin Antony was appointed as Whole-Time Director on 04 Jul 2017. Ann Mary George ceased to be Director on 05 Oct 2007. Merit Solutions has 4 board changes on record in total.
The registered office of Merit Solutions is at 41131P 2D Malabargate Apartments Near Edappally Bye Pass, Kerala, India – 682024.