Merino Industries Limited Unlisted Share
₹2,575▼12.71%(375.00)
About the company
Merino Industries Limited is a diversified Indian company with operations spanning interior solutions, agri-business and information technology services. The Merino Group traces its origins to 1965 and has developed a strong presence in the building materials and interior solutions industry over the years.
The company's interior solutions portfolio includes products used in residential, commercial and institutional spaces. Merino has built its presence particularly in the laminates segment, while its broader portfolio also includes other interior and surface-related solutions.
Merino has manufacturing operations across multiple locations in India and has developed a domestic distribution network along with an international presence. The company markets its products in several overseas markets in addition to serving customers across India.
For FY25, the financial data available on the referenced page shows revenue of approximately ₹2,301 crore. However, EBITDA declined to approximately ₹104 crore, and the company reported a loss after tax of approximately ₹7 crore for the year. Investors should therefore consider the latest financial performance, profitability trends and other business developments before evaluating the company.
Merino Industries Limited's equity shares are currently unlisted and are not traded on a recognised stock exchange.
Fundamentals
Valuation
| Metric | Value |
|---|---|
| 52 week high | ₹3,250 |
| 52 week low | ₹2,575 |
| P/B ratio | 2.11 |
| Debt to equity | 0.52 |
| ROE (%) | -0.52% |
| Book value | ₹1,223.11 |
| Face value | ₹10 |
52 week high
52 week low
P/B ratio
Debt
Equity
| Metric | Value |
|---|---|
| 52 week high | ₹3,250 |
| 52 week low | ₹2,575 |
| P/B ratio | 2.11 |
| Debt | 34.2% of capital |
| Equity | 65.8% of capital |
Registry
| Metric | Value |
|---|---|
| PAN number | AAACC9186C |
| ISIN number | INE662B01017 |
Figures in cr ·
Financials
| P&L Statement | 2025Latest | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2301 | 2252 | 2175 | 1747.89 | 1296.88 | 1473.72 | 1472.12 | 1218.79 |
| EBITDA | 104 | 207 | 239 | 202.74 | 209.82 | 220.46 | 241.13 | 210.61 |
| OPM | 4.52 | 9.19 | 10.99 | 11.6 | 16.18 | 14.96 | 16.38 | 17.28 |
| PBT | -27 | 164 | 174 | 175.07 | 176.92 | 159.16 | 201.09 | 179.12 |
| PAT | -7 | 122 | 118 | 132.22 | 131.86 | 129.44 | 140.83 | 120.53 |
| EPS | -6.21 | 108.25 | 104.7 | 117.32 | 117 | 182.82 | 134.51 | 115.12 |
Shareholding Pattern
Promoters
Others
| Holder | Percentage |
|---|---|
| Promoters | 95.22% |
| Others | 4.78% |
Frequently asked questions
Common questions on Merino Industries Limited Unlisted Share—tap a row to read the answer.
Q.1What does Merino Industries Limited do?
Merino Industries Limited operates across multiple business segments, including:
Interior and building solutions
Laminates and related surface products
Agri-business and food-related operations
Information technology and business services
The company's largest business exposure is associated with its interior solutions and building materials operations.
Q.2Is Merino Industries Limited listed on the stock exchange?
No. The equity shares of Merino Industries Limited are currently unlisted and are not traded on NSE or BSE.
Investors interested in the company's equity shares may transact in the unlisted market, subject to applicable regulations, availability and transaction requirements.
Q.3What are Merino Industries Limited unlisted shares?
Merino Industries Limited unlisted shares represent equity ownership in the company. Since the shares are not currently traded on a recognised stock exchange, transactions generally take place through off-market transfers, subject to applicable regulations and procedures.
Q.4How can I buy Merino Industries Limited unlisted shares through Dhankirti?
Investors can contact Dhankirti Wealth to enquire about the availability and indicative transaction price of Merino Industries Limited unlisted shares.
The transaction process may generally involve:
Completing applicable KYC requirements
Providing PAN and demat account details
Confirming the quantity and transaction terms
Completing payment through the applicable banking channel
Transfer of shares to the investor's eligible demat account after completion of the required process
The exact documentation, timeline and transaction process may vary.
Q.5Does Merino Industries Limited have an IPO plan?
Investors should not assume that purchasing Merino Industries Limited unlisted shares guarantees a future IPO or stock-exchange listing.
Any future IPO or listing would depend on the company's strategic decisions, regulatory requirements, market conditions and necessary approvals.
Q.6Does Dhankirti Wealth recommend buying Merino Industries Limited shares?
No. Dhankirti Wealth does not provide buy or sell recommendations for individual unlisted shares.
Dhankirti Wealth facilitates access to information and transactions related to unlisted shares. Investors should independently evaluate the company's fundamentals, valuation, liquidity, risks and suitability for their investment objectives.
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