Company Information
Merino Industries Limited Unlisted Shares
Board of Directors
Managing Director |
: Mr. Prakash Lohia |
Director |
: Mr. Prasan Lohia |
Independent Director |
: Dr. Gautam Bhattacharjee |
Background:
The company is engaged in manufacturing and marketing of Decorative Laminates, Prelam Boards, Furniture, Potato Flakes, Acrylic Solid Surface and Agricultural Produce. The Group entered the interiors segment with plywood manufacture in 1974. It launched the Merino brand in 1981 when the Group extended to laminates manufacture. Merino is now present in 70+ countries with an extensive product range.
Company
Highlights:
1) Merino Industries is a well-known brand with a strong presence among domestic laminate makers.
2) During the year, the company's top line increased by 34%.
3) The company has made a capital expenditure of Rs. 646 Crore for the installation of particle board and furniture manufacturing in Halol, Gujarat.
4) The same
project is expected to be finished by FY 2023. The company opened its Merino
Experience Center in August 2022 in New Delhi.
Registered
Office:
5,
Alexandra Court, 60/1, Chowringhee Road, Kolkata-700 020, West Bengal, India.
INCORPORATION YEAR |
: 1965 |
WEBSITE |
: www.merinoindia.com |
|
|
: balaji@merinoindia.com |
CIN NO |
: U51909WB1965PLC026556 |
ISIN NO. |
: INE662B01017 |
SECTOR |
: Laminates |
FACE VALUE |
: 10 |
PROMOTER HOLDING |
: 95.22% |
Consolidated Financial Information for Last 3 Years (Rupees in Crore)
Particulars |
2022 |
2021 |
2020 |
Equity Capital |
11.28 |
11.28 |
10.47 |
Reserve & Surplus |
1149.95 |
1024.85 |
821.04 |
Non-controlling Interest |
- |
- |
94.93 |
Net worth |
1161.23 |
1036.13 |
926.44 |
Book Value Per share |
1029.51 |
926.80 |
807.23 |
Total Income |
1796.24 |
1338.86 |
1492.92 |
Profit |
132.22 |
131.86 |
112.59 |
EPS Rs. |
117.23 |
119.74 |
79.00 |
Dividend Per Share Rs. |
9.00 |
6.00 |
7.00 |
Note: The Company had no subsidiary for the year 2021 & 2022, hence standalone financial statements are taken into consideration.
