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Merino Industries Limited

Ceramics/Marble/Granite/Sanitaryware Unlisted

ISIN: INE662B01017 WittyScore: 0.0/10 Min lot: 10 sh Website

Current Price 23 Aug 2026

₹0

▲ ₹0.00 (+0.00%) this week

Min lot: 10 shares · Total: ₹25,750

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Trade

Quantity

Total Amount

Min lot: 10 shares · ₹2,575.00 per share

₹2,575

Price

₹2,884.0 Cr

Market Cap

8,739.4x

P/E

0.0/10

WittyScore

₹2,575

52W High

₹2,575

52W Low

Price movement

Merino Industries Limited unlisted price history

Indicative levels from dealer bids and asks.

Indicative dealer levels. Unlisted prices are negotiated, not exchange-quoted.

About the company

About Merino Industries Limited

The Merino Group, incorporated in 1965 and headquartered in Kolkata, is India's largest manufacturer and exporter of laminates. Its manufacturing units are spread across Hapur (Uttar Pradesh), Rohad (Haryana), Dahej (Gujarat) and Hosur (Tamil Nadu), and the company sells into more than 60 countries while maintaining a presence across most Indian states. With over 2,000 outlets and more than 4,000 dealers, Merino offers a fairly wide range of interior-solution products for offices, homes, commercial spaces and public areas.

Read the full company profile

Fundamentals

Key metrics and identifiers

Share Price: ₹2,575.00
Lot Size: 10 shares
52W High: ₹2,575.00
52W Low: ₹2,575.00
Market Cap: ₹2,884.0 Cr
P/E: 8,739.4x
P/B: 1.18x
Debt-to-Equity: 0.00
ROE: 0.0%
Book Value: ₹2,176.99
EPS: ₹0.29
Total Shares: 1.1 Cr
ISIN: INE662B01017
Depository: Both
Founded: 1965

Verify identifiers and figures against official filings.

Financials

Financial Performance (₹ Cr)

From reported financials — verify against audited annual reports.

Particulars	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue from operations	1,747.9	2,175.5	2,251.8	2,301.4	2,520.6
Other Income	48.3	29.9	57.3	53.6	40.6
Total Revenue	1,796.2	2,205.4	2,309.1	2,355.0	2,561.1
Total Expenditure	1,621.2	2,031.3	2,145.6	2,381.8	2,559.4
Operating Profit	251.1	269.6	263.7	159.1	184.0
Interest	13.2	28.5	26.4	57.9	55.0
Depreciation	62.8	67.0	73.9	128.1	127.3
Profit Before Tax	175.1	174.1	163.5	-26.9	1.7
Tax	42.9	56.5	41.9	-19.5	1.4
Profit After Tax	132.2	117.6	121.5	-7.3	0.3

Particulars	FY2022	FY2023	FY2024	FY2025	FY2026
Total Assets	1,869.0	2,310.0	2,598.9	2,526.9	2,438.2
Current Assets	895.4	1,010.2	1,120.5	1,250.4	1,004.4
Non-Current Assets	1,180.5	1,310.4	1,450.2	1,610.5	1,433.9
Total Debt	295.1	594.6	722.3	702.5	0.0
Current Liabilities	540.2	610.5	685.4	760.4	843.8
Non-Current Liabilities	195.4	215.2	245.2	278.5	236.2
Shareholders' Equity	1,161.2	1,248.4	1,360.3	1,357.0	2,438.2

Particulars	FY2022	FY2023	FY2024	FY2025	FY2026
Cash from Operations	235.4	265.2	295.4	330.5	236.7
Cash from Investing	-125.4	-145.2	-165.2	-185.4	-38.0
Cash from Financing	-98.5	-110.2	-125.4	-142.5	-169.4
Free Cash Flow	175.2	195.4	215.2	240.5	198.7

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