MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-27-0001916
Meritude Skill Development Private Limited - education in Hubli, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.09 Cr
▲ 96% YoY
Net profit · FY 2025
₹5.08 Lakh
Net margin 4.7%
EBITDA · FY 2025
₹15.41 Lakh
EBITDA margin 14.2%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1.82 Lakh
Issued & subscribed
Company age
11 yrs
Est. 2015
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Meritude Skill Development Private Limited
Data last updated:
Meritude Skill Development Private Limited is a private limited company based in Hubli, Karnataka, India. It operates in the vocational and skill development training segment of the education sector. It was incorporated on 27 November 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U80301KA2015PTC084398. Its GSTIN is 29AAKCM0479J1ZY (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.82 Lakh. It is led by directors including Ravindrakumar Veerabhadrappa Padesur and Fayaz Ahmed Tonse.
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 Hubli, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.09 Cr, a growth of 96% compared to the previous year. For the same year it recorded a net profit of ₹5.08 Lakh (net margin 4.7%) and EBITDA of ₹15.41 Lakh (EBITDA margin 14.2%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years.
The company is associated with 1 brand: Meritude.
Meritude Skill Development Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-27-0001916). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website meritude.in.
Company details
CIN U80301KA2015PTC084398
Registration Number 084398
Incorporation Date 27 November 2015
ROC Bangalore
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-KR-27-0001916
Key People
Ravindrakumar Veerabhadrappa Padesur Director Fayaz Ahmed Tonse Director Abdul Subhan Director Recognitions & Rankings of Meritude Skill Development
Contact details
Meritude Skill Development Private Limited's registered office is in Hubli, Karnataka. Its website is meritude.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1st Floor Akalawadi Mansion Opp. Vishal Mega Mart, Pb Road Vidhyanagar Hubballi, Hubli, Karnataka, India – 580021
- IndustryEducation, Vocational & Skill Development Training, Corporate Training & Development
To see the full contact details of Meritude Skill Development Private Limited, buy the company report.
Comprehensive company report
Meritude Skill Development 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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Brands
Meritude Skill Development operates one associated brand: Meritude. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Skill development and recruitment services focused on training and employment in India. | meritude.in |
Financials of Meritude Skill Development Private Limited
FY 2025 filings availableMeritude Skill Development Private Limited reported revenue of ₹1.09 Cr (up 96% YoY) for FY 2025.
Revenue · FY 2025
₹1.09 Cr ▲ 96%
Net profit · FY 2025
₹5.08 Lakh margin 4.7%
EBITDA · FY 2025
₹15.41 Lakh margin 14.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 96%
3 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▲ 579%
3 years · compounded
▲ 9%
Revenue has grown at a compounded annual rate (CAGR) of 9% over three years, including 96% growth in the latest year. EBITDA rose 579% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹15.41 Lakh | ||||
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| Net Profit (PAT) | ₹5.08 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 14.2% | ||||
| Net Profit Margin | 4.7% | ||||
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To see the full financial statements and ratios of Meritude Skill Development Private Limited, buy the company report.
Board of directors of Meritude Skill Development Private Limited
Meritude Skill Development has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravindrakumar Veerabhadrappa Padesur | Director | 27 Nov 2015 | 10 Years 10 Months | Current |
| Fayaz Ahmed Tonse | Director | 27 Nov 2015 | 10 Years 10 Months | Current |
| Abdul Subhan | Director | 29 Jul 2022 | 4 Years 2 Months | Current |
Peer comparison
Meritude Skill Development Private Limited is compared with the 4 companies closest to it by revenue in the Education industry (Corporate and Commercial Training, Skill Development, Vocational Training), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Edu Care Study Support Private Limited | ₹1.09 Cr (FY 2025) | 52.0% | Indore, Madhya Pradesh, India | |||
| Kadmuss Overseas Private Limited | ₹1.09 Cr (FY 2024) | 470.0% | Hyderabad, Telangana, India | |||
| Meritude Skill Development Private Limitedthis company | ₹1.09 Cr (FY 2025) | ₹5.08 Lakh | 4.7% | 96.0% | Hubli, Karnataka, India | |
| Multichannel Educational Institute Private Limited | ₹1.08 Cr (FY 2024) | 105.0% | Srinagar, Jammu and Kashmir, India | |||
| Esigelec South Asia Office (OPC) Private Limited | ₹1.08 Cr (FY 2025) | 20.0% | Bengaluru, Karnataka, India |
To see the full peer comparison of Meritude Skill Development Private Limited, buy the company report.
Auditor
Meritude Skill Development Private Limited is audited by GURUPRASAD HEGDE & COMPANY for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GURUPRASAD HEGDE & COMPANY | FY 2018 | 015189S |
Shareholding
The shareholding of Meritude Skill Development Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Meritude Skill Development Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Meritude Skill Development Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Meritude Skill Development Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Meritude Skill Development has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKCM0479J1ZY | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Meritude Skill Development Private Limited, buy the company report.
Recent activity
Meritude Skill Development Private Limited has 3 board changes on record since 2015: 3 appointments. The latest: Abdul Subhan was appointed as Director on 29 Jul 2022.
AGM
Meritude Skill Development Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Meritude Skill Development Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Abdul Subhan was appointed as Director.
Appointed
Fayaz Ahmed Tonse was appointed as Director.
Appointed
Ravindrakumar Veerabhadrappa Padesur was appointed as Director.
Incorporation
27 Nov 2015
Meritude Skill Development Private Limited was registered on 27 Nov 2015 with Roc Bangalore & aged 10 years 10 months as per MCA records.
Frequently asked questions
Meritude Skill Development is an active private limited company based in Hubli, Karnataka, India. The company works in vocational and skill development training, within the education industry. It was incorporated on 27 November 2015 (11+ years old) and is registered under CIN U80301KA2015PTC084398.
Meritude Skill Development has 3 current directors:
- Ravindrakumar Veerabhadrappa Padesur - Director
- Fayaz Ahmed Tonse - Director
- Abdul Subhan - Director
The latest financial statements of Meritude Skill Development 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 2016 are in the company report.
The GSTIN of Meritude Skill Development is 29AAKCM0479J1ZY, registered in Karnataka.
The CIN (Corporate Identification Number) of Meritude Skill Development is U80301KA2015PTC084398. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Meritude Skill Development was incorporated on 27 November 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Meritude Skill Development by revenue are Edu Care Study Support Private Limited, Kadmuss Overseas Private Limited, Multichannel Educational Institute Private Limited, Esigelec South Asia Office (OPC) Private Limited, all in the Education industry (Corporate and Commercial Training, Skill Development, Vocational Training).
Abdul Subhan was appointed as Director on 29 Jul 2022. Fayaz Ahmed Tonse was appointed as Director on 27 Nov 2015. Ravindrakumar Veerabhadrappa Padesur was appointed as Director on 27 Nov 2015.
Yes, Meritude Skill Development is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-27-0001916).
Meritude Skill Development can be reached through the website meritude.in. Its registered office is in Hubli, Karnataka, India.
The registered office of Meritude Skill Development is at 1st Floor Akalawadi Mansion Opp. Vishal Mega Mart, Pb Road Vidhyanagar Hubballi, Hubli, Karnataka, India – 580021.