MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-KR-04-0001264
Merlin Hydraulics Private Limited - machinery and equipment in Belgavi, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹11.04 Cr
▲ 38% YoY
Net profit · FY 2025
₹39.63 Lakh
Net margin 3.6%
EBITDA · FY 2025
₹76.32 Lakh
EBITDA margin 6.9%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹40 Lakh
Issued & subscribed
Open charges
₹2.31 Cr
Secured borrowings
Company age
21 yrs
Est. 2005
Employees · EPFO
14
Provident fund records
About Merlin Hydraulics Private Limited
Data last updated:
Merlin Hydraulics Private Limited is a private limited company based in Belgavi, Karnataka, India. It operates in the hydraulic machinery and equipment segment of the machinery and industrial equipment sector. It was incorporated on 23 September 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29120KA2005PTC037322. Its GSTIN is 29AAECM3948G1Z7 (Karnataka).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹40 Lakh. It is led by directors including Snehal Nandkishor Pandit and Malavika Snehal Pandit.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ishanya 9th Cross Cts No. 3637 Sy No.93/5 9th Cross Bhagyanagar Angol, Belgavi, Karnataka, India – 590006.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.04 Cr, a growth of 38% compared to the previous year. For the same year it recorded a net profit of ₹39.63 Lakh (net margin 3.6%) and EBITDA of ₹76.32 Lakh (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 44% over five years.
The company has about 14 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Merlin Hydraulics. As per MCA filings, the company has open charges of ₹2.31 Cr on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it; 1 case is pending.
Merlin Hydraulics Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-04-0001264). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website merlinhydraulics.com.
Company details
CIN U29120KA2005PTC037322
Registration Number 037322
Incorporation Date 23 September 2005
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-KR-04-0001264
Key People
Snehal Nandkishor Pandit Director Malavika Snehal Pandit Director Sahil Snehal Pandit Director Recognitions & Rankings of Merlin Hydraulics
Contact details
Merlin Hydraulics Private Limited's registered office is in Belgavi, Karnataka. Its website is merlinhydraulics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressIshanya 9th Cross Cts No. 3637 Sy No.93/5 9th Cross Bhagyanagar Angol, Belgavi, Karnataka, India – 590006
- IndustryMachinery and Equipment, Hydraulic Machinery & Equipment
To see the full contact details of Merlin Hydraulics Private Limited, buy the company report.
Comprehensive company report
Merlin Hydraulics 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
Merlin Hydraulics operates one associated brand: Merlin Hydraulics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Hydraulics systems and services for manufacturing and industrial sectors. | merlinhydraulics.com |
Business activity
The main business activities of Merlin Hydraulics are manufacturing and transportation and storage. In detail, this covers manufacture of machinery and equipment n.e.c. and land transport and transport via pipelines. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 28 | Manufacture of machinery and equipment n.e.c. | |
| H | Transportation and storage | 49 | Land transport and transport via pipelines |
To see the full business activity and turnover split of Merlin Hydraulics Private Limited, buy the company report.
Financials of Merlin Hydraulics Private Limited
FY 2024 filings availableMerlin Hydraulics Private Limited reported revenue of ₹11.04 Cr (up 38% YoY) for FY 2025.
Revenue · FY 2025
₹11.04 Cr ▲ 38%
Net profit · FY 2025
₹39.63 Lakh margin 3.6%
EBITDA · FY 2025
₹76.32 Lakh margin 6.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 38%
3 years · compounded
▲ 14%
5 years · compounded
▲ 44%
EBITDA CAGR growth
1 year
▲ 86%
3 years · compounded
▲ 16%
5 years · compounded
▲ 49%
Revenue has grown at a compounded annual rate (CAGR) of 44% over five years, including 38% growth in the latest year. EBITDA rose 86% 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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| Total Expenses | |||||
| EBITDA | ₹76.32 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹39.63 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.9% | ||||
| Net Profit Margin | 3.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Merlin Hydraulics Private Limited, buy the company report.
Board of directors of Merlin Hydraulics Private Limited
Merlin Hydraulics has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Snehal Nandkishor Pandit | Director | 23 Sep 2005 | 21 Years 0 Months | Current |
| Malavika Snehal Pandit | Director | 05 Sep 2018 | 8 Years 1 Months | Current |
| Sahil Snehal Pandit | Director | 08 Jun 2015 | 11 Years 4 Months | Current |
| Angeli Snehal Pandit | Director | 23 Sep 2005 | 21 Years 0 Months | Current |
| Gauri Sahil Pandit | Director | 05 Sep 2018 | 8 Years 1 Months | Current |
Auditor
Merlin Hydraulics Private Limited is audited by R. L. BARVE & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. L. BARVE & CO | FY 2023 | 22318 |
Shareholding
The shareholding of Merlin Hydraulics 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Merlin Hydraulics Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.31 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Mar 2023 | 100692842 | State Bank of India | ₹2.3 Cr | Open | |
| 29 Dec 2021 | 100526500 | Others | ₹80,000 | Open |
Total charge records: 2 View all charges
Legal cases
Merlin Hydraulics Private Limited has 5 court cases on record: 3 filed by Merlin Hydraulics, 2 filed against it. 1 case is pending and 4 are disposed.
Total cases
5
Filed by the company
3
Filed against the company
2
Pending
1
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against Uttam Sucrotech International Pvt Ltd. A Com R/By Accused No.2 R/O Greater Kailash New Delhi, Noida and 4 others | Pending |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against Uttam Sucrotech International Pvt Ltd. A Com R/By Accused No.2 R/O Greater Kailash New Delhi, Noida and 4 others | Disposed |
| District court, BELAGAVI, Karnataka | Criminal miscellaneous application | Filed by the company against M/S Uttam Sucrotech International Pvt Ltd R/By Its Director and Managing Director I.E Accused No 2. | Disposed |
| High Court, KARNATAKA | Court case (CRL.P) | Filed against the company by individuals | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by The Indian Electric Co Sharad Rajaram Bhavsar | Disposed |
To see the full case history of Merlin Hydraulics Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Merlin Hydraulics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Merlin Hydraulics Private Limited has a workforce of 14 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
14
Active EPFO establishments
1
Employee growth
7.69%
GST
Merlin Hydraulics has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECM3948G1Z7 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Merlin Hydraulics Private Limited, buy the company report.
Recent activity
Merlin Hydraulics Private Limited has 8 board changes on record since 2005: 5 appointments and 3 cessations. The latest: Malavika Snehal Pandit ceased to be Director on 17 Oct 2025.
Ceased
Malavika Snehal Pandit ceased to be Director.
AGM
Merlin Hydraulics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Merlin Hydraulics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with State Bank Of India amounted to Rs. 230.00 Lakh with Charge ID 100692842 was registered on 10 Mar 2023.
Charges
A charge with Others amounted to Rs. 0.80 Lakh with Charge ID 100526500 was registered on 29 Dec 2021.
Appointed
Gauri Sahil Pandit was appointed as Director.
Appointed
Malavika Snehal Pandit was appointed as Director.
Ceased
Dinesh Sadashivrao Ambewadikar ceased to be Director.
Appointed
Sahil Snehal Pandit was appointed as Director.
Ceased
Baban Krishna Kugaji ceased to be Director.
Appointed
Angeli Snehal Pandit was appointed as Director.
Appointed
Snehal Nandkishor Pandit was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Merlin Hydraulics is an active private limited company based in Belgavi, Karnataka, India. The company works in hydraulic machinery and equipment, within the machinery and equipment industry. It was incorporated on 23 September 2005 (21+ years old) and is registered under CIN U29120KA2005PTC037322.
Merlin Hydraulics has 5 current directors:
- Snehal Nandkishor Pandit - Director
- Malavika Snehal Pandit - Director
- Sahil Snehal Pandit - Director
- Angeli Snehal Pandit - Director
- Gauri Sahil Pandit - Director
The latest financial statements of Merlin Hydraulics on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Merlin Hydraulics is 29AAECM3948G1Z7, registered in Karnataka.
The CIN (Corporate Identification Number) of Merlin Hydraulics is U29120KA2005PTC037322. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Merlin Hydraulics has 5 court cases on record: 3 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Merlin Hydraulics was incorporated on 23 September 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
Malavika Snehal Pandit ceased to be Director on 17 Oct 2025. Gauri Sahil Pandit was appointed as Director on 05 Sep 2018. Malavika Snehal Pandit was appointed as Director on 05 Sep 2018. Merlin Hydraulics has 8 board changes on record in total.
Yes, Merlin Hydraulics is registered as an MSME under Udyam registration (number: UDYAM-KR-04-0001264).
Merlin Hydraulics can be reached through the website merlinhydraulics.com. Its registered office is in Belgavi, Karnataka, India.