- Category
- Micro (2024-25)
- Udyam number
- UDYAM-AP-17-0000061

M.R. Mercantile Agents Private Limited
About M.R. Mercantile Agents Private Limited
Data last updated:
M.R. Mercantile Agents Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 10 May 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U46909TG2002PTC038930. Its GSTIN is 37AADCM1765A1ZS (Andhra Pradesh).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Raghavaiah Marisetti (Managing Director) and Nikitha Marisetti.
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 Hyderabad, Telangana.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.26 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net loss of ₹7.59 Lakh (net margin -6%) and EBITDA of -₹7.48 Lakh (EBITDA margin -6%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years.
M.R. Mercantile Agents Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-17-0000061). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
M.R. Mercantile Agents has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U46909TG2002PTC038930, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U46909TG2002PTC038930 | Current |
| U29309AP2002PTC038930 | Previous |
| U29309TG2002PTC038930 | Previous |
Recognitions & Rankings of M.R. Mercantile Agents
Contact details
M.R. Mercantile Agents Private Limited's registered office is in Hyderabad, Telangana.
- Registered AddressNo 6 – 3 – 883/2 1B First Floor Topaz Building, Green Land Punjagutta, Hyderabad, Telangana, India – 500082
- IndustryInfrastructure and Utilities, General Construction Services
- 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
Business activity
The main business activity of M.R. Mercantile Agents is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of M.R. Mercantile Agents Private Limited, buy the company report.
Financials of M.R. Mercantile Agents Private Limited
FY 2025 filings availableM.R. Mercantile Agents Private Limited reported revenue of ₹1.26 Cr (up 25% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over three years, including 25% growth in the latest year. EBITDA fell 312% 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 |
|---|---|---|---|---|---|
| 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 | -₹7.48 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7.59 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -6% | ||||
| Net Profit Margin | -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 | |||||
To see the full financial statements and ratios of M.R. Mercantile Agents Private Limited, buy the company report.
Board of directors of M.R. Mercantile Agents Private Limited
M.R. Mercantile Agents has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikitha Marisetti | Director | 24 Dec 2019 | 6 Years 10 Months | Current |
| Raghavaiah Marisetti | Managing Director | 10 May 2002 | 24 Years 5 Months | Current |
Legal cases
No court or tribunal cases involving M.R. Mercantile Agents 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 M.R. Mercantile Agents Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
M.R. Mercantile Agents has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AADCM1765A1ZS | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of M.R. Mercantile Agents Private Limited, buy the company report.
Recent activity
M.R. Mercantile Agents Private Limited has 6 board changes on record since 2002: 3 appointments and 3 cessations. The latest: Ananthasetty Ashok Kumar ceased to be Director on 20 Oct 2025.
Frequently asked questions
M.R. Mercantile Agents is an active private limited company based in Hyderabad, Telangana, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 10 May 2002 (24+ years old) and is registered under CIN U46909TG2002PTC038930.
M.R. Mercantile Agents has 2 current directors:
- Raghavaiah Marisetti - Managing Director
- Nikitha Marisetti - Director
The latest financial statements of M.R. Mercantile Agents 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 2015 are in the company report.
The GSTIN of M.R. Mercantile Agents is 37AADCM1765A1ZS, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of M.R. Mercantile Agents is U46909TG2002PTC038930. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
M.R. Mercantile Agents was incorporated on 10 May 2002, making it 24+ years old. It is registered with the Registrar of Companies, Hyderabad.
Ananthasetty Ashok Kumar ceased to be Director on 20 Oct 2025. Arjuna Kondala Rao Chintapalli ceased to be Director on 12 Jul 2023. Sudheer Kumar Marikanti Potha was appointed as Director on 08 May 2022. M.R. Mercantile Agents has 6 board changes on record in total.
Yes, M.R. Mercantile Agents is registered as a micro enterprise under Udyam registration (number: UDYAM-AP-17-0000061).
The registered office of M.R. Mercantile Agents is at No 6 – 3 – 8832 1B First Floor Topaz Building, Green Land Punjagutta, Hyderabad, Telangana, India – 500082.
M.R. Mercantile Agents operates in the infrastructure and utilities industry, in the general construction services segment.

