The Mercara Rubbers Limited
About The Mercara Rubbers Limited
Data last updated:
The Mercara Rubbers Limited is a public limited company based in Karnataka, India. It operates in the rubber-based products segment of the manufacturing sector. It was incorporated on 01 July 1944 and has been in existence for over 82 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1944PLC005109. Its GSTIN is 29AAACT5398P1ZD (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.5 Lakh. It is led by directors including Manamel Cherian Philip and Manamel Chandy Cherian.
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Devadhanam Bungalow Balehannur Karnataka, Karnataka, India – 577112.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.76 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹34.66 Lakh (net margin 6%) and EBITDA of ₹86.82 Lakh (EBITDA margin 15.1%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 4% over five years.
As per MCA filings, the company has satisfied charges of ₹40 Lakh on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
The Mercara Rubbers has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U85110KA1944PLC005109, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1944PLC005109 | Current |
| L85110KA1944PLC005109 | Previous |
| U70109KA1944PLC005109 | Previous |
Contact details
The Mercara Rubbers Limited's registered office is in Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressDevadhanam Bungalow Balehannur Karnataka, Karnataka, India – 577112
- IndustryManufacturing, Rubber-Based Products
To see the full contact details of The Mercara Rubbers 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 The Mercara Rubbers is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of The Mercara Rubbers Limited, buy the company report.
Financials of The Mercara Rubbers Limited
FY 2025 filings availableThe Mercara Rubbers Limited reported revenue of ₹5.76 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 6% growth in the latest year. EBITDA rose 356% 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 | ₹86.82 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹34.66 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 | 15.1% | ||||
| 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 The Mercara Rubbers Limited, buy the company report.
Board of directors of The Mercara Rubbers Limited
The Mercara Rubbers has 8 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manamel Cherian Philip Also directs: The Rajendra Coffees Limited | Director | 22 Feb 2023 | 3 Years 8 Months | Current |
| Manamel Chandy Cherian Also directs: The Rajendra Coffees Limited, Amalgamated Malabar Estates Pvt Ltd | Director | 25 Nov 2020 | 5 Years 11 Months | Current |
| Beena Philip | Director | 25 Nov 2020 | 5 Years 11 Months | Current |
| Manamel Cherian George Also directs: The Cottanad Plantations Ltd, Indian Timber and Plywood Corpn Ltd, The Nilambur Rubber Company Limited and 2 more | Director | 23 Jan 1982 | 44 Years 9 Months | Current |
| Shaji Philip Also directs: The Rajendra Coffees Limited, Peninsular Commodities Private Limited, Agre Strategies Private Limited and 1 more | Director | 23 Jan 1982 | 44 Years 9 Months | Current |
| Kitheem Alexander Manamel | Director | 25 Sep 2023 | 3 Years 1 Months | Current |
Peer comparison
The Mercara Rubbers Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Rubber Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| S.R.Beadings Limited | ₹5.92 Cr (FY 2025) | 30.0% | Alwar, Rajasthan, India | |||
| Adhishri Plastics and Technologies Private Limited | ₹5.92 Cr (FY 2024) | 13.0% | Sriperumbudur, Tamil Nadu, India | |||
| Twinplast Polymers Private Limited | ₹5.84 Cr (FY 2025) | 20.0% | Tuticorin, Tamil Nadu, India | |||
| The Mercara Rubbers Limitedthis company | ₹5.76 Cr (FY 2025) | ₹34.66 Lakh | 6% | 6.0% | Karnataka, India | |
| 3D-Seals Private Limited | ₹5.61 Cr (FY 2025) | 11.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of The Mercara Rubbers Limited, buy the company report.
Auditor
The Mercara Rubbers Limited is audited by M K DANDEKER & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M K DANDEKER & CO | FY 2019 | 000679S |
Shareholding
The shareholding of The Mercara Rubbers Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of The Mercara Rubbers Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Oct 2015 | 10603303 | Karnataka Bank Ltd. | ₹20 Lakh | Satisfied | |
| 14 Oct 1985 | 80004330 | Karnataka Bank Ltd. | ₹20 Lakh | Satisfied |
To see the full charge records of The Mercara Rubbers Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
The Mercara Rubbers Limited has 4 court cases on record: 3 filed by The Mercara Rubbers, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, KODAGU, Karnataka | Civil suit | Filed by the company against an individual | Disposed |
| District court, KODAGU, Karnataka | Court case (ECA) | Filed against the company by an individual | Disposed |
| District court, KODAGU, Karnataka | Execution petition | Filed by the company against The State of Karnataka,By Chief Secretary and 2 others | Disposed |
| District court, KODAGU, Karnataka | Civil suit | Filed by the company against The State of Karantaka and 2 others | Disposed |
To see the full case history of The Mercara Rubbers 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 The Mercara Rubbers Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
The Mercara Rubbers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACT5398P1ZD | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of The Mercara Rubbers Limited, buy the company report.
Recent activity
The Mercara Rubbers Limited has 14 board changes on record since 1982: 8 appointments and 6 cessations. The latest: Kitheem Alexander Manamel was appointed as Director on 25 Sep 2023.
11 earlier events are in the company report.
Frequently asked questions
The Mercara Rubbers is an active public limited company based in Karnataka, India. The company works in rubber-based products, within the manufacturing industry. It was incorporated on 01 July 1944 (82+ years old) and is registered under CIN U85110KA1944PLC005109.
The Mercara Rubbers has 8 current directors:
- Manamel Cherian Philip - Director
- Manamel Chandy Cherian - Director
- Beena Philip - Director
- Manamel Cherian George - Director
- Shaji Philip - Director
- Kitheem Alexander Manamel - Director
- Chandy George - Director
- Manamel Pothen George - Director
The latest financial statements of The Mercara Rubbers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of The Mercara Rubbers is 29AAACT5398P1ZD, registered in Karnataka.
The CIN (Corporate Identification Number) of The Mercara Rubbers is U85110KA1944PLC005109. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The Mercara Rubbers has 4 court cases on record: 3 filed by the company and 1 filed against it.
The Mercara Rubbers was incorporated on 01 July 1944, making it 82+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of The Mercara Rubbers by revenue are S.R.Beadings Limited, Adhishri Plastics and Technologies Private Limited, Twinplast Polymers Private Limited, 3D-Seals Private Limited, all in the Manufacturing industry (Rubber Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Kitheem Alexander Manamel was appointed as Director on 25 Sep 2023. Manamel Cherian Philip ceased to be Additional Director on 25 Sep 2023. Mary Thampi ceased to be Director on 05 Aug 2023. The Mercara Rubbers has 14 board changes on record in total.
The registered office of The Mercara Rubbers is at Devadhanam Bungalow Balehannur Karnataka, Karnataka, India – 577112.
The Mercara Rubbers operates in the manufacturing industry, in the rubber-based products segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
