About Merlinhawk Aerospace Private Limited
Data last updated:
Merlinhawk Aerospace Private Limited is a private limited company based in Bengaluru, Karnataka, India, a subsidiary of Merlinhawk Associates Private Limited. It operates in the aircraft and component manufacturing segment of the transport and logistics sector. It was incorporated on 23 October 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U73100KA2002PTC031147. Its GSTIN is 29AADCM2849R1ZN (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹18 Cr and a paid-up capital of ₹2.17 Cr. It is led by directors including Ramineni Ramachandra Rao (Managing Director) and Jaby Joseph Androth (Whole-Time Director).
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No.49 Bommasandra Jigani Link Road KIADB Industrial Area, Bengaluru, Karnataka, India – 560105.
As per the financials filed for FY 2025, the company reported a revenue of ₹138.49 Cr, a growth of 35% compared to the previous year. For the same year it recorded a net profit of ₹15.62 Cr (net margin 11.3%) and EBITDA of ₹30.77 Cr (EBITDA margin 22.2%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 22% over five years.
The company has about 110 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Merlinhawk Aerospace. As per MCA filings, the company has open charges of ₹91.56 Cr and satisfied charges of ₹58.73 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company. The company has 10 deals on record (6 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹36.42 Cr; the latest was in March 2025. Its 10 peer companies in the Aviation industry (Aerospace, Aircraft and Components Manufacturing, Defence Accessories and Components) are compared by revenue, 5 larger and 5 smaller; the largest is Recaero India Private Limited with revenue of ₹151.01 Cr. The company has 8 MSME Form 1 returns on record between 2020 and 2024, listing 84 overdue payments to 40 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website merlinhawkaerospace.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No.49 Bommasandra Jigani Link Road KIADB Industrial Area, Bengaluru, Karnataka, India – 560105
- IndustryTransport and Logistics, Aircraft & Component Manufacturing
- 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 Merlinhawk Aerospace Private Limited
The main business activities of Merlinhawk Aerospace are manufacturing and support service to organizations. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and other support services to organizations. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
| N | Support service to Organizations | N7 | Other support services to organizations | 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 Merlinhawk Aerospace Private Limited FY 2025 filings available
Merlinhawk Aerospace Private Limited reported revenue of ₹138.49 Cr (up 35% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Merlinhawk Aerospace Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 35% growth in the latest year. EBITDA rose 15% 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 Merlinhawk Aerospace Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹30.77 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹15.62 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 of Merlinhawk Aerospace Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 22.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 11.3% | •••• | •••• | •••• | •••• |
| 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 Merlinhawk Aerospace 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 Merlinhawk Aerospace Private Limited
Merlinhawk Aerospace Private Limited is compared with the companies closest to it by revenue in the Aviation industry (Aerospace, Aircraft and Components Manufacturing, Defence Accessories and Components). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Recaero India Private Limited | ₹151.01 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Ramanagara, Karnataka, India |
| Hindalco-Almex Aerospace Limited | ₹150.73 Cr (FY 2025) | •••• | •••• | 75.0% | •••• | Mumbai, Maharashtra, India |
| Trusted Aerospace Engineering Private Limited | ₹143.22 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Chennai, Tamil Nadu, India |
| Hughes Precision Manufacturing Private Limited | ₹142.65 Cr (FY 2025) | •••• | •••• | 93.0% | •••• | Salcete, Goa, India |
| Schenck Rotec India Limited | ₹140.57 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Noida, Uttar Pradesh, India |
| Merlinhawk Aerospace Private Limited this company | ₹138.49 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | Bengaluru, Karnataka, India |
| BPL Limited Listed | ₹136.96 Cr (FY 2025) | •••• | •••• | 90.0% | •••• | Palakkad, Kerala, India |
| Rangsons Aerospace Private Limited | ₹133.71 Cr (FY 2025) | •••• | •••• | 108.0% | •••• | Belagola Hobli Srirangapatna, Karnataka, India |
| Gauges Bourdon (India) Pvt Ltd | ₹133.54 Cr (FY 2024) | •••• | •••• | 14.0% | •••• | Mumbai, Maharashtra, India |
| Marposs India Private Limited | ₹132.57 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | New Delhi, Delhi, India |
| Everest Instruments Private Limited | ₹131.71 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Merlinhawk Aerospace by revenue in the Aviation industry (Aerospace, Aircraft and Components Manufacturing, Defence Accessories and Components), 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 Merlinhawk Aerospace Private Limited
Merlinhawk Aerospace Private Limited is audited by Pavuluri & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Pavuluri & 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 Merlinhawk Aerospace Private Limited
Merlinhawk Aerospace has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaby Joseph Androth | Whole-Time Director | 14 Nov 2019 | 6 Years 10 Months | Current |
| Padmaja Ramineni | Whole-Time Director | 01 Oct 2015 | 11 Years 0 Months | Current |
| Karthik Ramineni | Whole-Time Director | 04 Apr 2022 | 4 Years 6 Months | Current |
| Ramineni Ramachandra Rao | Managing Director | 23 Oct 2002 | 23 Years 11 Months | Current |
Ownership and Shareholding of Merlinhawk Aerospace 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 Merlinhawk Aerospace Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Nov 2025 | Others | ₹18 Cr | Open |
| 03 Jul 2025 | Others | ₹33.4 Lakh | Open |
| 03 Mar 2025 | Idbi Bank Limited | ₹8 Cr | Open |
| 16 Sep 2022 | Idbi Bank Limited | ₹15 Cr | Open |
| 31 May 2022 | Others | ₹49.5 Cr | Open |
Total charge records: 17 View all charges
Deals & Funding of Merlinhawk Aerospace Private Limited
Merlinhawk Aerospace Private Limited has 10 deals on record (6 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹36.42 Cr; the latest was in March 2025.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Funding round | ₹35.65 Cr | Investors: Supadha Developers Private Limited , Mile Deep Capital Private Limited , 2 individuals |
| Jul 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Merlinhawk Associates Private Limited |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Wildteal Enterprises Private Limited , Merlinhawk Associates Private Limited |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Merlinhawk Associates Private Limited |
| Nov 2018 | Rights issue | ₹3 Cr | Investors: Merlinhawk Associates Private Limited , 2 individuals |
Full deal history
All 10 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Merlinhawk Aerospace Private Limited
Merlinhawk Aerospace Private Limited has 2 court cases on record: 2 filed by Merlinhawk Aerospace. All cases are disposed. Status as checked between 03 Oct 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against an individual | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Merlinhawk Aerospace Private Limited
Merlinhawk Aerospace Private Limited has 8 MSME Form 1 returns on record between 2020 and 2024, listing 84 overdue payments to 40 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 40)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Apertronics Private Limited | •••• | •••• | •••• |
| Source Technologi | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Hicotronics Devices Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 8 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Merlinhawk Aerospace Private Limited
Merlinhawk Aerospace operates one associated brand: Merlinhawk Aerospace. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Designs and manufactures aerospace hardware for aviation and defence sectors. | merlinhawkaerospace.com |
Employees and EPFO Compliance at Merlinhawk Aerospace Private Limited
Merlinhawk Aerospace Private Limited has a workforce of 110 employees as of Apr 03, 2024.
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 Merlinhawk Aerospace Private Limited
Merlinhawk Aerospace Private Limited has 10 board changes on record since 2002: 4 appointments and 6 cessations. The latest: Ramineni Ramachandra Rao ceased to be Director on 01 Sep 2022.
32 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Merlinhawk Aerospace 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.
Subsidiaries & Group Companies of Merlinhawk Aerospace 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 Merlinhawk Aerospace Private Limited
Merlinhawk Aerospace has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCM2849R1ZN | Karnataka | Active | 01 Jul 2017 |
| 07AADCM2849R1ZT | Delhi | Active | 06 Dec 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 Merlinhawk Aerospace 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 Merlinhawk Aerospace Private Limited
Merlinhawk Aerospace is an active private limited company based in Bengaluru, Karnataka, India. The company works in aircraft and component manufacturing, within the transport and logistics industry. It was incorporated on 23 October 2002 (24+ years old) and is registered under CIN U73100KA2002PTC031147.
Merlinhawk Aerospace reported revenue of ₹138.49 Cr for FY 2025 (up 35% YoY).
Merlinhawk Aerospace has 4 current directors:
- Ramineni Ramachandra Rao - Managing Director
- Jaby Joseph Androth - Whole-Time Director
- Padmaja Ramineni - Whole-Time Director
- Karthik Ramineni - Whole-Time Director
Merlinhawk Aerospace reported a net profit of ₹15.62 Cr (net margin 11.3%) and EBITDA of ₹30.77 Cr (EBITDA margin 22.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Merlinhawk Aerospace is 26% over three years and 22% over five years. In the latest year (FY 2025) revenue rose 35%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Merlinhawk Aerospace is 29AADCM2849R1ZN, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 07AADCM2849R1ZT (Delhi).
The CIN (Corporate Identification Number) of Merlinhawk Aerospace is U73100KA2002PTC031147. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Merlinhawk Aerospace has 2 court cases on record: 2 filed by the company.
Merlinhawk Aerospace was incorporated on 23 October 2002, making it 24+ years old. It is registered with the Registrar of Companies, Bangalore.
Merlinhawk Aerospace has 10 deals on record (6 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹36.42 Cr; the latest was in March 2025.
The peers of Merlinhawk Aerospace by revenue are Recaero India Private Limited, Hindalco-Almex Aerospace Limited, Trusted Aerospace Engineering Private Limited, Hughes Precision Manufacturing Private Limited, Schenck Rotec India Limited and 5 more, all in the Aviation industry (Aerospace, Aircraft and Components Manufacturing, Defence Accessories and Components).
Ramineni Ramachandra Rao ceased to be Director on 01 Sep 2022. Karthik Ramineni was appointed as Whole-Time Director on 04 Apr 2022. Jaby Joseph Androth ceased to be Additional Director on 30 Dec 2020. Merlinhawk Aerospace has 10 board changes on record in total.