
Telerate Mercantile Private Limited
About Telerate Mercantile Private Limited
Data last updated:
Telerate Mercantile Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the wind energy solutions segment of the environmental services sector. It was incorporated on 20 March 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U67120GJ2003PTC042148. Its GSTIN is 24AABCT8425C1ZN (Gujarat).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹1.59 Lakh. It was formerly known as Telerate Stock Brokerage Private Limited. It is led by directors Alka Dilipbhai Shah and Jayantilal Kacharalal Shah.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 206 Amrakunj Apartment Sonal Char Rasta Gurukul, Ahmedabad, Gujarat, India – 380052.
As per the financials filed for FY 2025, the company reported a revenue of ₹76.06 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.06 Cr (net margin 1.4%) and EBITDA of ₹1.74 Cr (EBITDA margin 2.3%). Revenue has grown at a compounded annual rate (CAGR) of 44% over three years and 103% over five years.
As per MCA filings, the company has satisfied charges of ₹3 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Telerate Mercantile Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressA – 206 Amrakunj Apartment Sonal Char Rasta Gurukul, Ahmedabad, Gujarat, India – 380052
- IndustryEnvironment, Wind Energy Solutions
To see the full contact details of Telerate Mercantile Private Limited, buy the company report.
- 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 Telerate Mercantile is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Telerate Mercantile Private Limited, buy the company report.
Financials of Telerate Mercantile Private Limited
FY 2025 filings availableTelerate Mercantile Private Limited reported revenue of ₹76.06 Cr (up 446% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 103% over five years, including 446% growth in the latest year. EBITDA rose 18% 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 | ₹1.74 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.06 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.3% | ||||
| Net Profit Margin | 1.4% | ||||
| 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 Telerate Mercantile Private Limited, buy the company report.
Board of directors of Telerate Mercantile Private Limited
Telerate Mercantile has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alka Dilipbhai Shah Also directs: Credo Energy & Infrastructure Private Limited | Director | 10 Aug 2012 | 14 Years 2 Months | Current |
| Jayantilal Kacharalal Shah | Director | 10 Aug 2012 | 14 Years 2 Months | Current |
Auditor
Telerate Mercantile Private Limited is audited by SHAH SOMANI & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAH SOMANI & CO | FY 2021 | 109797W |
Shareholding
The shareholding of Telerate Mercantile Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Telerate Mercantile Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Sep 2014 | 10522729 | The Kalupur Commercial Co-Operative Bank Ltd. | ₹3 Cr | Satisfied |
To see the full charge records of Telerate Mercantile Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Telerate Mercantile 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 Telerate Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Telerate Mercantile has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCT8425C1ZN | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Telerate Mercantile Private Limited, buy the company report.
Recent activity
Telerate Mercantile Private Limited has 7 board changes on record since 2010: 2 appointments and 5 cessations. The latest: Gunvant Govindbhai Prajapati ceased to be Additional Director on 14 Aug 2012.
Frequently asked questions
Telerate Mercantile is an active private limited company based in Ahmedabad, Gujarat, India. The company works in wind energy solutions, within the environment industry. It was incorporated on 20 March 2003 (23+ years old) and is registered under CIN U67120GJ2003PTC042148.
Telerate Mercantile has 2 current directors:
- Alka Dilipbhai Shah - Director
- Jayantilal Kacharalal Shah - Director
The latest financial statements of Telerate Mercantile on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Telerate Mercantile is 24AABCT8425C1ZN, registered in Gujarat.
The CIN (Corporate Identification Number) of Telerate Mercantile is U67120GJ2003PTC042148. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Telerate Mercantile was incorporated on 20 March 2003, making it 23+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Gunvant Govindbhai Prajapati ceased to be Additional Director on 14 Aug 2012. Tejash Devendrakumar Shah ceased to be Director on 14 Aug 2012. Alka Dilipbhai Shah was appointed as Director on 10 Aug 2012. Telerate Mercantile has 7 board changes on record in total.
The registered office of Telerate Mercantile is at A – 206 Amrakunj Apartment Sonal Char Rasta Gurukul, Ahmedabad, Gujarat, India – 380052.
Telerate Mercantile operates in the environment industry, in the wind energy solutions segment.
Telerate Mercantile has no open charges and satisfied charges of ₹3 Cr as per latest MCA filings.

