About Merrick Industries Private Limited
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Merrick Industries Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Merrick Industries Inc.. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 12 March 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29300KA2012FTC062945. Its GSTIN is 29AAHCM7799N1Z8 (Karnataka).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.35 Cr. It is led by directors including Giridhar Anantharaman (Managing Director) and Bhargava Grandhi Sasanka.
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 Gokhush Building 2nd Flr North Wing Systems Estate No.1A Peenya Industrial Area 2nd Phase, Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.51 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹1.33 Cr (net margin 11.6%) and EBITDA of ₹1.83 Cr (EBITDA margin 15.9%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 3% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Merrick.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website merrick-inc.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressGokhush Building 2nd Flr North Wing Systems Estate No.1A Peenya Industrial Area 2nd Phase, Bangalore, Karnataka, India – 560058
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
- 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 Merrick Industries Private Limited
The main business activity of Merrick Industries is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | 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 Merrick Industries Private Limited FY 2025 filings available
Merrick Industries Private Limited reported revenue of ₹11.51 Cr (down 25% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Merrick Industries Private Limited
Revenue fell 25% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 41% 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 Merrick Industries 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 | ₹11.51 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.83 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.33 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 Merrick Industries Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 11.6% | •••• | •••• | •••• | •••• |
| 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 Merrick Industries 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 Merrick Industries Private Limited
Merrick Industries Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Material Handling Equipment). Its own revenue is ₹11.51 Cr.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Yellow Stone Engineers India Private Limited | ₹11.68 Cr | ₹15.14 Lakh | 1% | +23% | 17 | Bangalore North, Karnataka, India |
| Aegis Engg Co Pvt Ltd | ₹11.64 Cr | ₹1.31 Cr | 11% | +78% | Ahmedabad, Gujarat, India | |
| Cranoist Material Handling Equipments Private Limited | ₹11.63 Cr | ₹51.07 Lakh | 4% | +84% | Daskroi, Gujarat, India | |
| Unique Perfect Productions Private Limited | ₹11.62 Cr | ₹2.08 Lakh | 0% | -39% | Nagaur, Rajasthan, India | |
| Enabling.Win India Private Limited | ₹11.61 Cr | ₹27.18 Lakh | 2% | +1973% | Bangalore, Karnataka, India | |
| Merrick Industries Private Limited this company | ₹11.51 Cr | ₹1.33 Cr | 11.6% | Bangalore, Karnataka, India | ||
| Transtec Overseas Private Limited | ₹11.36 Cr | ₹14.85 Lakh | 1% | +101% | 8 | Mumbai, Maharashtra, India |
| Relicomp Elevators Private Limited | ₹11.3 Cr | ₹10.71 Lakh | -1% | -9% | 47 | Bangalore, Karnataka, India |
| Landsky Allied Industries Private Limited | ₹11.29 Cr | ₹52.52 Lakh | 5% | -3% | 8 | Secunderabad, Telangana, India |
| Divine Elevator Private Limited | ₹11.29 Cr | ₹8.54 Lakh | 1% | Ahmadabad City, Gujarat, India | ||
| Ace Engineering Technologies (India) Private Limited | ₹11.25 Cr | ₹14.17 Lakh | 1% | +2% | 24 | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Merrick Industries by revenue in the Machinery and Equipment industry (Material Handling Equipment), from the latest filed financials of each company. Figures are as filed with the Ministry of Corporate Affairs or the stock exchanges.
Auditor Details of Merrick Industries Private Limited
Merrick Industries Private Limited is audited by MSKA & Associates for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MSKA & Associates | 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 Merrick Industries Private Limited
Merrick Industries has 4 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhargava Grandhi Sasanka Also directs: B G K & Co LLP, BGK Advisors Private Limited | Director | 22 May 2018 | 8 Years 4 Months | Current |
| Richard Wood Millett | Director | 08 Feb 2022 | 4 Years 7 Months | Current |
| Giridhar Anantharaman | Managing Director | 28 Mar 2012 | 14 Years 6 Months | Current |
| Joe King Tannehill | Director | 30 Apr 2012 | 14 Years 5 Months | Current |
Ownership and Shareholding of Merrick Industries 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 Merrick Industries Private Limited
Merrick Industries Private Limited does not have any charges (loans) registered with the Registrar of Companies.
MSME Payment Delays by Merrick Industries Private Limited
Merrick Industries Private Limited has 11 MSME Form 1 returns on record between 2019 and 2024, listing 67 overdue payments to 17 micro and small suppliers totalling ₹1.78 Cr. 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.
Returns by period
| Period ending | Returns | Overdue payments | Amount reported |
|---|---|---|---|
| 31 Mar 2024 | 1 | 2 | ₹5.76 Lakh |
| 31 Mar 2023 | 1 | 13 | ₹15.53 Lakh |
| 30 Sep 2022 | 3 | 12 | ₹69.76 Lakh |
| 30 Sep 2021 | 1 | 9 | ₹5.34 Lakh |
| 30 Sep 2020 | 1 | 2 | ₹1.89 Lakh |
| 31 Mar 2020 | 1 | 4 | ₹49,890 |
Latest dues on record (5 of 67)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| J.P.Industries | ₹3.4 Lakh | 23 Mar 2024 | 25 Apr 2024 |
| an individual supplier | ₹57,820 | 17 Mar 2023 | 11 Oct 2023 |
| Perfect Laser Services | ₹51,006 | 17 Mar 2023 | 11 Oct 2023 |
| an individual supplier | ₹35,400 | 17 Mar 2023 | 11 Oct 2023 |
| Lakhotia Beltings Private Limited | ₹31,755 | 06 Mar 2023 | 11 Oct 2023 |
Reason given by the company: Delay due to not meeting the specifications required & hence date of acceptance to be considered only from date of completion of re-work
Full MSME payment history
Every supplier, amount and due date from all 11 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 are as reported by Merrick Industries in its own returns.
Associated Brands with Merrick Industries Private Limited
Merrick Industries operates one associated brand: MERRICK. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers weighing and feeding systems for dry bulk materials in food, power, and mining industries. | merrick-inc.com |
Employees and EPFO Compliance at Merrick Industries Private Limited
Merrick Industries Private Limited has a workforce of 11 employees as of Feb 03, 2026.
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 Merrick Industries Private Limited
Merrick Industries Private Limited has 15 board changes on record since 2012: 4 appointments and 11 cessations. The latest: Richard Wood Millett ceased to be Additional Director on 30 Sep 2022.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Merrick Industries 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 Merrick Industries 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 Merrick Industries Private Limited
Merrick Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCM7799N1Z8 | Karnataka | Active | 01 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 Merrick Industries 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 Merrick Industries Private Limited
Merrick Industries is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 12 March 2012 (14+ years old) and is registered under CIN U29300KA2012FTC062945.
Merrick Industries reported revenue of ₹11.51 Cr for FY 2024 (down 25% YoY).
Merrick Industries has 4 current directors:
- Giridhar Anantharaman - Managing Director
- Bhargava Grandhi Sasanka - Director
- Richard Wood Millett - Director
- Joe King Tannehill - Director
Merrick Industries reported a net profit of ₹1.33 Cr (net margin 11.6%) and EBITDA of ₹1.83 Cr (EBITDA margin 15.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Merrick Industries is 24% over three years and 3% over five years. In the latest year (FY 2024) revenue fell 25%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Merrick Industries is 29AAHCM7799N1Z8, registered in Karnataka.
The CIN (Corporate Identification Number) of Merrick Industries is U29300KA2012FTC062945. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Merrick Industries was incorporated on 12 March 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Merrick Industries by revenue are Yellow Stone Engineers India Private Limited, Aegis Engg Co Pvt Ltd, Cranoist Material Handling Equipments Private Limited, Unique Perfect Productions Private Limited, Enabling.Win India Private Limited and 5 more, all in the Machinery and Equipment industry (Material Handling Equipment).
Richard Wood Millett ceased to be Additional Director on 30 Sep 2022. Richard Wood Millett was appointed as Director on 08 Feb 2022. Joseph King Tannehill Sr ceased to be Director on 19 Apr 2020. Merrick Industries has 15 board changes on record in total.
Merrick Industries has 11 MSME Form 1 returns on record between 2019 and 2024, listing 67 overdue payments to 17 micro and small suppliers totalling ₹1.78 Cr. The latest return was filed on 25 Apr 2024.
Merrick Industries can be reached through the website merrick-inc.com. Its registered office is in Bangalore, Karnataka, India.