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A) Company Background Merino Group started its journey in 1965, founded by the late Man Kumar Lohia and his brothers. Over the years, it has grown into India’s largest manufacturer and exporter of laminates. Today, the company is led by a skilled team of professionals from various fields. With over 50 years of experience, Merino has earned a solid reputation and leadership in the laminates industry. Headquartered in Kolkata, Merino has manufacturing units in Uttar Pradesh (Hapur), Haryana (Rohad), Tamil Nadu (Hosur), and Gujarat (Dahej). Its products are sold in nearly all Indian states and exported to over 60 countries. A strong network of 4,000+ dealers (which has doubled in the past five years) ensures Merino’s presence in 2,000+ retail outlets. B) Business Segments 1. Interior Solutions Merino offers a wide range of interior products for homes, offices, commercial spaces, and public areas. They started with plywood in 1974 and have since expanded into various interior solutions. ...
| Merino Industries Limited Price | ₹2575.00 Per Equity Share |
| Lot Size | 10 Shares |
| 52 Week High | 3250 Shares |
| 52 Week Low | 2575 Shares |
| Depository | NSDL & CDSL |
| PAN Number | AAACC9186C |
| ISIN Number | INE662B01017 |
| CIN | U51909WB1965PLC026556 |
| RTA | C B Management Services |
| Market Cap (in Cr.) | 2879.00 |
| P/E Ratio | 0.00 |
| P/B Ratio | 2.11 |
| D/E Ratio | 0.52 |
| ROE | -0.52 |
| Book Value | 1223.11 |
| Face Value | 10.00 |
| Total Shares | 11178679 |
| Field | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| da | 62.8 | 67 | 74 | 128 |
| eps | 117.32 | 104.7 | 108.25 | -6.21 |
| npm | 7.56 | 5.43 | 5.42 | -0.3 |
| opm | 11.6 | 10.99 | 9.19 | 4.52 |
| pat | 132.22 | 118 | 122 | -7 |
| pbt | 175.07 | 174 | 164 | -27 |
| tax | 42.85 | 56 | 42 | -20 |
| ebit | 139.94 | 172 | 133 | -24 |
| ebitda | 202.74 | 239 | 207 | 104 |
| revenue | 1747.89 | 2175 | 2252 | 2301 |
| pbt margins | 10.02 | 8 | 7.28 | -1.17 |
| ebit margins | 8.01 | 7.91 | 5.91 | -1.04 |
| finance cost | 13.19 | 28 | 26 | 58 |
| other income | 48.34 | 30 | 57 | 54 |
| gross margins | 45.76 | 44.83 | 47.87 | 47.11 |
| other expenses | 426.01 | 541 | 537 | 630 |
| change in inventory | -36.8 | -52 | 44 | 47.11 |
| cost of material consumed | 947.97 | 1200 | 1174 | 1277 |
| employee benefit expenses | 207.97 | 247 | 290 | 350 |
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