Merino Industries Limited

Manufacturer and supplier of decorative laminates, potato flakes, pre-laminated boards, furniture units, and interior solutions.

1965 | Kolkata, West Bengal (India) | Active
Last Updated:

Merino Industries Profile

Key Indicators

  • Authorised Capital ₹ 19.75 Cr
  • Paid Up Capital ₹ 11.18 Cr
  • Company Age 59 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1,033.25 Cr
  • Satisfied Charges ₹ 1,131.39 Cr
  • Revenue Growth 4.70%
  • Profit Growth 3.31%
  • Ebitda -13.88%
  • Net Worth 8.96%
  • Total Assets 12.50%

About Merino Industries

Merino Industries Limited (MIL) was founded in India on 29 July 1965 and has a glorious history of 59 years and seven months. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Century Laminating Company Private Ltd. The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 19.75 Cr and a paid-up capital of Rs 11.18 Cr.

The company currently has active open charges totaling ₹1,033.25 Cr. The company has closed loans amounting to ₹1,131.39 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Merino Industries Limited India are Sachin Selot as CFO and Bala Ji as Company Secretary. Prasan Lohia, Prakash Lohia, Madhusudan Lohia, and Nine other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    merinoindia.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51909WB1965PLC026556

  • Company No.

    026556

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Jul 1965

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Manufacturing

What products or services does Merino Industries Limited offer?

Merino Industries Limited offers a wide range of products and services, including Data Entry & Data Processing Service, Data Conversion Services, Adhesives, Glue and Sealants, Solvent Based Adhesives, Veg Snacks, Veg Burger, Khakhra, Pav Bhaji Khakhra, Pulses, Moong Dal.

Who are the key members and board of directors at Merino Industries?

Executive Team (3)

NameDesignationAppointment DateStatus
Prakash Lohia Country flag representing In Managing Director14-Jul-1976Current
Sachin Selot CFO11-Jan-2021Current
Bala Ji Country flag representing In Company Secretary09-Jul-2021Current

Board Members (11)

NameDesignationAppointment DateStatus
Prasan Lohia Country flag representing In Whole-Time Director 01-Oct-2004Current
Madhusudan Lohia Country flag representing In Whole-Time Director 01-Oct-2006Current
Anil Jajoo Country flag representing In Whole-Time Director 29-Sep-2023Current
Manoj Lohia Country flag representing In Whole-Time Director 01-Dec-2020Current
Nripen Dugar Country flag representing In Whole-Time Director 08-Oct-1986Current
Ruchira Lohia Country flag representing In Whole-Time Director 01-Apr-2000Current

Financial Performance of Merino Industries.

Merino Industries Limited, for the financial year ended 2024, experienced modest growth in revenue, with a 4.7% increase. The company also saw a slight improvement in profitability, with a 3.31% increase in profit. The company's net worth moved up by a moderate rise of 8.96%.

Merino Industries revenue growth over time
Merino Industries profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
4.70%
Revenue from Operations
3.51%
Total Assets
12.50%
Profit or Loss
3.31%
Net Worth
8.96%
EBITDA
-13.88%

What is the Ownership and Shareholding Structure of Merino Industries?

In 2024, Merino Industries had a promoter holding of 94.62% and a public holding of 5.38%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,033.25 Cr

Satisfied Charges

₹1,131.39 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 905.00 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 105.00 Cr
  • Others : 23.00 Cr
  • United Bank Of India : 0.25 Cr

Latest Charge Details

DateLenderAmountStatus
20 Jun 2024The Hongkong And Shanghai Banking Corporation Limited₹105.00 CrOpen
07 Sep 2023Axis Bank Limited₹260.00 CrOpen
24 Dec 2021Axis Bank Limited₹445.00 CrOpen
09 Nov 2021Axis Bank Limited₹10.00 CrOpen
16 Aug 2021Others₹23.00 CrOpen

How Many Employees Work at Merino Industries?

Merino Industries has a workforce of 2505 employees as of Feb 26, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Merino Industries Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Merino Industries, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Merino Industries's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Merino Industries

Recent activity within the organization

  • Annual General Meeting

    Merino Industries Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 105.00 Cr with Charge ID 100945159 was registered on 20 Jun 2024.

  • Charges

    A charge registered on 22 Apr 2019 via Charge ID 100261285 with Citi Bank N.A. was fully satisfied on 16 May 2024.

  • Balance Sheet

    Merino Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

  • Charges

    A charge registered on 12 Feb 1986 via Charge ID 90251021 with Uttar Pradesh Financial Corporation was fully satisfied on 23 Feb 2024.

  • Director Appointment

    Anil Jajoo was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 29 Sep 2023 & has been associated with this company since 1 year 5 months .

Frequently asked questions

  • What is the Incorporation or founding date of Merino Industries Limited?

    Merino Industries Limited was incorporated on 29 Jul 1965.

  • What is authorized share capital and paid-up capital of Merino Industries Limited?

    The authorized share capital of Merino Industries Limited is ₹ 19.75 Cr and paid-up capital is ₹ 11.18 Cr.

  • Who are the current board members & directors of Merino Industries Limited?

    Currently 14 directors are associated with Merino Industries Limited.

    • Prasan Lohia
    • Prakash Lohia
    • Madhusudan Lohia
    • Anil Jajoo
    • Manoj Lohia
    • Nripen Kumar Dugar
    • Ruchira Lohia
    • Bikash Lohia
    • Deepak Lohia
    • Kooretti Titu Prasad
    • Prabal Kumar Sarkar
    • Bama Prasad Mukhopadhyay
    • Sachin Selot
    • Bala Ji

  • What is the registered address of Merino Industries Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Merino Industries Limited is 5 Alexandra Court 60/1, Chowringhee Ro India, Kolkata, West Bengal, 700020.

  • What is the corporate identification number (CIN) and company number of Merino Industries Limited?

    The corporate identification number (CIN) of Merino Industries Limited is U51909WB1965PLC026556 and the company number is 026556 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Merino Industries Limited?

    The Official website of Merino Industries Limited is https://www.merinoindia.com

  • What has been the recent revenue trend for Merino Industries Limited?

    According to the financial reports for the fiscal year 2024, the revenue trend for Merino Industries Limited has risen by 4.70%.

  • How many employees does Merino Industries Limited currently have?

    As Per 2024 financial reports, 2505 employees are currently employed by Merino Industries Limited.

  • What change has been observed in the net worth of Merino Industries Limited, and by what percentage?

    The financial reports for the fiscal year 2024 indicates that The net worth of Merino Industries Limited has experienced an upsurge of 8.96%.

  • What are the total open charges for Merino Industries Limited?

    As per the financial statements for fiscal Year 2024, The total open charges for Merino Industries Limited amount to ₹ 1,033.25 Cr.

  • When was the last Balance Sheet of Merino Industries Limited filed with the ROC?

    The most recent Balance Sheet for Merino Industries Limited was filed with the ROC on 31 Mar 2024.

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