About Merino Industries Limited Unlisted Shares
Merino Industries Limited (also known as Merino Industries Ltd) was incorporated in 1965 by the Kolkata based Lohia family, which is involved in manufacturing and exporting a variety of interior solutions for homes, offices, and commercial spaces.
Merino Industries Limited is part of the Merino Group, which is one of the world's largest laminate producers. The company has a manufacturing capacity of producing over 21 million HPL sheets annually. The company has a network of 16,000 dealers and retailers that offer a wide range of designs, textures, colors, and finishes.
The company’s vision is to achieve global competence and competitiveness in every line of busine...
Latest available unlisted share price: ₹3,450.00
Overview
Merino Industries Limited (also known as Merino Industries Ltd) was incorporated in 1965 by the Kolkata based Lohia family, which is involved in manufacturing and exporting a variety of interior solutions for homes, offices, and commercial spaces.
Merino Industries Limited is part of the Merino Group, which is one of the world's largest laminate producers. The company has a manufacturing capacity of producing over 21 million HPL sheets annually. The company has a network of 16,000 dealers and retailers that offer a wide range of designs, textures, colors, and finishes.
The company’s vision is to achieve global competence and competitiveness in every line of business by synergizing Western work culture and Indian ethos. Its motive is to maximise the product value (excellence), maintain affordability (economy), and deal fairly and transparently in all our relationships (ethics).
Products & Services
The following are the products of the company:
High Pressure Laminates
Special Laminate
Performance Laminates
Interior Compact Solutions
Exterior Compact Armour
Surfaces Plywood, Blockboard
and Flush Doors
PU+ Acrylic Coated Panels
Restroom Systems Solutions
Solid Surfaces
Stoven (Stone veneers)
Luxury Vinyl Flooring (LVT)
LUVIH Surfaces
Manufacturing Capacities
The company has its manufacturing facilities in the following places:
Hapur, Uttar Pradesh: Laminates, Furniture, Panels, Restroom Cubicles, Cladding Solutions
Hosur, Tamil Nadu: Paper Foil, Wrap Profile, MDF/Particle Board Furniture
Dahej, Gujarat: Paper Foil, Wrap Profile, MDF/Particle Board Furniture, Restroom Cubicles
Rohad, Haryana: MDF/Particle Board Furniture
Halol, Gujarat (Upcoming): MDF/Particle Board Furniture
Board of Directors
Shri Rup Chand Lohia, Executive Chairman
Shri Prakash Lohia, Managing Director
Shri Prabal Kumar Sarkar, Independent Director
Dr. Gautam Bhattacharjee - Independent Director
Shri Bama Prasad Mukhopadhyay - Independent Director
Shri K. T. Prasad - Non-Executive Director
Shri Prasan Lohia - Whole Time Director
Miss Ruchira Lohia - Whole Time Director
Shri Bikash Lohia - Whole Time Director
Shri Manoj Lohia - Whole Time Director
Shri Deepak Lohia - Whole Time Director
Shri Madhusudan Lohia - Whole Time Director
Shri Anurag Lohia - Whole Time Director
Shri Nripen Kumar Dugar - Whole Time Director
Shri Anil Jajoo - Whole Time Director
Subsidiaries
There were no subsidiary, associate, or joint venture companies of the Company till 31st March, 2023.
Listing Status
The DRHP has not been filed by the company.
IPO Details
Merino Industries Ltd has no IPO Plans.
Dividend Details
Merino Industries Limited declared a dividend of Rs 9/- per equity share for the year ended 31st March 2023.
Share Price
As the company is unlisted, there is no publicly traded Merino Industries share price. If you are looking for Merino Industries Ltd share price or Merino Industries share, it is likely that you are looking for its unlisted share price in the grey market, which can fluctuate based on demand and supply among investors.
Fundamentals
Financials
| P&L Statement | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Revenue | - | 1743.59 | 2175.50 | 2251.83 |
| Other Income | - | 48.54 | 29.91 | 57.29 |
| COGS | - | 943.98 | 1112.32 | 1100.11 |
| Gross Profit | - | 848.16 | 1093.10 | 1209.02 |
| Total Expense | - | 596.98 | 823.47 | 945.29 |
| EBIDTA | - | 251.17 | 269.62 | 263.73 |
| D&A | - | 63.58 | 66.98 | 73.87 |
| EBIT | - | 187.60 | 202.64 | 189.86 |
| Interest Expense | - | 13.20 | 28.54 | 26.38 |
| PBT | - | 174.40 | 174.10 | 163.48 |
| TAX | - | 43.03 | 56.46 | 41.94 |
| PAT | - | 131.37 | 117.65 | 121.54 |
| Diluted EPS | - | 117.52 | 105.24 | 108.72 |
| Basic EPS | - | 117.52 | 105.24 | 108.72 |
| Total income | 0.00 | 1,792.13 | 2,205.41 | 2,309.12 |
ASSETS
| CURRENT ASSETS | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Cash and Cash Equivalents | - | 32.87 | 9.83 | 14.14 |
| Trade Payables | - | 165.28 | 175.20 | 214.70 |
| Inventory | - | 427.90 | 581.44 | 589.38 |
| Other Current Assets | - | 275.70 | 261.49 | 280.39 |
| Total Current Assets | 0.00 | 901.75 | 1,027.96 | 1,098.61 |
| NON CURRENT ASSETS | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Plant Property and Equipment | - | 683.78 | 1134.04 | 1303.83 |
| Long Term Investment | - | 41.94 | 50.02 | 65.21 |
| Other Non Current Assets | - | 217.21 | 98.01 | 131.26 |
| TOTOAL NON CURRENT ASSSETS | 0.00 | 942.93 | 1,282.07 | 1,500.30 |
| Total Assets | 0.00 | 1,844.68 | 2,310.03 | 2,598.91 |
|---|
| CURRENT LIABILITES | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| TRADW Payable | - | 112.83 | 203.46 | 266.41 |
| Other Current Liab | - | 481.52 | 540.94 | 706.03 |
| Total Current Liab | 0.00 | 594.35 | 744.40 | 972.44 |
| NON CURRENTLIABILITIES | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Long Term Debt | - | 65.76 | 283.90 | 213.94 |
| Deffered Tax Liab | - | 20.10 | 14.23 | 32.32 |
| Other Non Current Liab | - | 19.86 | 19.11 | 19.89 |
LIABILITIES
| EQUITY | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Share Capital | - | 11.28 | 11.28 | 11.28 |
| Reserves And Surplus | - | - | - | - |
| Other Equity | - | 1133.81 | 1237.13 | 1349.05 |
| Retained Earnings | - | - | - | - |
| share Equity | 0.00 | 1,145.09 | 1,248.41 | 1,360.33 |
| Total Liabilities | 0.00 | 1,250.81 | 1,565.65 | 1,626.48 |
|---|
| CASH FLOW STAT | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Cash Flow from operating | - | 128.36 | 184.40 | 269.51 |
| Cash Flow from financing | - | 103.93 | 246.67 | 93.64 |
| Cash Flow from investing | - | -219.00 | -458.72 | -354.22 |
| Net cash flow | 0.00 | 13.29 | -27.65 | 8.93 |
Revenue Growth
PAT Growth %
EPS Growth %
TOTAL ASSETS Growth %
QUICK RATIO Growth %
LONG TERM DEBT TO EQUITY RATIO Growth %
Events
| Name | Date | Details |
|---|---|---|
| No events available. | ||
Promoters or Management
| Name | Designation | Linkedin Profile | |
|---|---|---|---|
| No promoters available. | |||
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Related News
No related news is available for Merino Industries Limited.