| Market Cap (cr): | ₹4,300 Cr | Book Value: | ₹121 |
|---|---|---|---|
| Lot Size: | 100 | 52 Week High: | ₹3200 |
| 52 Week Low: | ₹423 | EPS: | ₹117.2 |
| Demat Account: | Required | PB: | 5.0 |
| Face Value: | ₹10 | Debt To Equity: | 0.53 |
| No Of Shares: | 1,03,69,600 | Url: | https://www.merinogroup.com |
Overview :
Company Overview
Merino Industries Limited, established in 1965 and headquartered in Kolkata, is one of India’s leading manufacturers and exporters of decorative laminates, particle boards, and interior solutions. With a strong market share (20% in decorative laminates), a diversified product portfolio—including surfaces, food solutions, and logistics—and exports to 81+ countries, Merino has achieved substantial growth through operational excellence, innovation, and prudent capital management. The company’s robust financials, consistent expansion, and strategic modernization initiatives make it a top choice for discerning investors.
Board of Directors
| Name | Role |
|---|---|
| Mr. Rup Chand Lohia | Executive Chairman |
| Mr. Prakash Lohia | Managing Director |
| Miss Ruchira Lohia | Wholetime Director |
| Mr. Prasan Lohia | Wholetime Director |
| Mr. Bikash Lohia | Wholetime Director |
| Mr. Madhusudan Lohia | Wholetime Director |
| Mr. Nripen Kumar Dugar | Wholetime Director |
| Dr. Gautam Bhattacharjee | Independent Director |
| Mr. Sisir Kumar Chakrabarti | Independent Director |
| Mr. Bama Prasad Mukhopadhyay | Independent Director |
Company Incorporation Details
| Attribute | Details |
|---|---|
| Company Name | Merino Industries Limited |
| CIN | U51909WB1965PLC026556 |
| Date of Incorporation | 29 July 1965 |
| Registered Office | 5, Alexandra Court, 60/1, Chowringhee Road, Kolkata 700020, West Bengal |
| Face Value | ₹10 |
| ISIN | Confirmed on deal (demat enabled) |
| Lot Size | 100 shares |
| Demat Account | Mandatory |
| Website | merinogroup.com |
Shareholding Pattern (Mar 2025)
| Shareholder | % Holding |
|---|---|
| Merino Exports Pvt Ltd | 29.58 |
| Champalal Lohia | 11.42 |
| Prakash Lohia | 10.63 |
| Madhusudan Lohia | 8.90 |
| Rup Chand Lohia | 7.92 |
| Ruchira Lohia | 6.55 |
| Others | 25.00 |
Promoters: 64.67%
Public/Other: 35.33%
Sector
- Industry: Building Materials, Interior Solutions
- Segment: Laminates, Particle Boards, Surface Solutions, Food Products
Why Choose Arms Securities?
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Profit & Loss Summary
(All Amount in ₹ Crores)
| PROFIT & LOSS | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,355.0 | 2,309.1 | 2,205.4 | 1,796.2 | 1,338.9 | 1,009.4 | 1,491.8 | 1,239.1 |
| Expense | 2,195.9 | 2,045.3 | 1,935.8 | 1,545.2 | 1,087.1 | 867.6 | 1,231.0 | 764.1 |
| EBITDA | 159.1 | 263.8 | 269.6 | 251.0 | 251.8 | 141.8 | 201.1 | 179.1 |
| Other Cost | 185.9 | 100.3 | 95.5 | 76.0 | 74.9 | 57.2 | 59.7 | 51.8 |
| Profit Before Taxes | -26.9 | 163.5 | 174.1 | 175.0 | 176.9 | 84.6 | 201.1 | 179.1 |
| Tax Expense | -19.5 | 41.9 | 56.5 | 42.8 | 45.1 | 14.1 | 60.3 | 58.6 |
| Profit after Taxes | -7.3 | 121.6 | 117.7 | 132.2 | 131.9 | 70.4 | 140.8 | 120.5 |
| Other Income | Exp. | 9.6 | 0.4 | -4.3 | -0.4 | 2.0 | 5.9 | 19.5 | 3.1 |
| Income (Net Of Taxes) | 2.2 | 122.0 | 113.4 | 131.8 | 133.9 | 76.3 | 160.3 | 123.6 |
| Outstanding Share | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 | 1.0 | 1.0 | 1.0 |
| Earning per Share (Rs | Share) | -6.55 | 108.7 | 105.2 | 118.3 | 117.9 | 67.9 | 121.9 | 102.9 |
| Revenue Growth % | 2% | 4.7% | 22.8% | 34.2% | 32.6% | -32.3% | 20.4% | - |
| EBITDA Margin % | 6.8% | 11.4% | 12.2% | 14% | 18.8% | 14% | 13.5% | 14.5% |
| Net Margin % | 0.1% | 5.3% | 5.1% | 7.3% | 10% | 7.6% | 10.7% | 10% |
| Earning per Share Growth % | -106% | 3.3% | -11.1% | 0.3% | 73.6% | -44.3% | 18.5% | - |
Balance Sheet
(All Amount in ₹ Crores)
| Balance Sheet | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalent | 2.9 | 14.1 | 9.8 | 32.3 | 23.5 | 17.4 | 11.6 | 9.6 |
| Non Current Asset | 1,499.3 | 1,500.3 | 1,282.1 | 1,040.8 | 864.3 | 473.7 | 581.8 | 464.1 |
| Current Asset | 1,024.6 | 1,084.5 | 1,018.1 | 795.9 | 623.5 | 494.1 | 690.6 | 601.9 |
| Total Asset | 2,526.9 | 2,598.9 | 2,310.0 | 1,869.0 | 1,511.3 | 985.3 | 1,284.0 | 1,075.7 |
| Equity Share Capital | 11.3 | 11.3 | 11.3 | 11.3 | 11.3 | 10.5 | 10.5 | 10.5 |
| Reserves | 1,345.7 | 1,349.0 | 1,237.1 | 1,149.9 | 1,024.8 | 544.1 | 792.0 | 374.7 |
| Total Equity | 1,357.0 | 1,360.3 | 1,248.4 | 1,161.2 | 1,036.1 | 554.6 | 486.3 | 385.1 |
| Non Current Liability | 196.3 | 266.2 | 317.2 | 113.4 | 73.5 | 93.5 | 50.3 | 58.9 |
| Current Liability | 973.6 | 972.4 | 744.4 | 594.4 | 401.7 | 337.2 | 403.4 | 344.2 |
| Total Liabilities | 1,169.9 | 1,238.6 | 1,061.6 | 707.8 | 475.2 | 430.8 | 481.5 | 428.4 |
| Total Equity & Liability | 2,526.9 | 2,598.9 | 2,310.0 | 1,869.0 | 1,511.3 | 985.3 | 1,284.0 | 1,075.7 |
Net Sales (in cr.)
Total Income (in cr.)
Operating Profit (in cr.)
Net Profit (in cr.)
Shareholder Funds (in cr.)
Total Assets (in cr.)
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