Merritronix Ltd
₹ 297
99.67%
08 Jun
12:06 p.m.
About
Incorporated in October 1988, Merritronix
Limited is an Electronics Systems Design
and Manufacturing (ESDM) company.[1]
Key Points
- Market Cap ₹ 274 Cr.
- Current Price ₹ 297
- High / Low ₹ /
- Stock P/E 17.0
- Book Value ₹
- Dividend Yield %
- ROCE 41.1 %
- ROE 46.0 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 50.0%
Cons
- Debtor days have increased from 66.2 to 85.6 days.
- Working capital days have increased from 41.3 days to 64.2 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
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Quarterly Results
Figures in Rs. Crores
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Figures in Rs. Crores
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| 86 | 114 | 156 | |
| 79 | 98 | 129 | |
| Operating Profit | 7 | 15 | 27 |
| OPM % | 8% | 13% | 17% |
| 0 | 0 | 0 | |
| Interest | 2 | 3 | 4 |
| Depreciation | 0 | 0 | 0 |
| Profit before tax | 4 | 12 | 23 |
| Tax % | 29% | 30% | 30% |
| 3 | 9 | 16 | |
| EPS in Rs | 210.06 | 59.64 | 12.59 |
| Dividend Payout % | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 37% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 86% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 50% |
| Last Year: | 46% |
Balance Sheet
Figures in Rs. Crores
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Equity Capital | 1 | 1 | 13 |
| Reserves | 7 | 15 | 40 |
| 16 | 19 | 43 | |
| 44 | 39 | 58 | |
| Total Liabilities | 68 | 74 | 154 |
| 4 | 4 | 6 | |
| CWIP | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 |
| 64 | 70 | 148 | |
| Total Assets | 68 | 74 | 154 |
Cash Flows
Figures in Rs. Crores
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| 5 | -7 | -23 | |
| -2 | 4 | -3 | |
| 0 | 1 | 41 | |
| Net Cash Flow | 3 | -1 | 15 |
| Free Cash Flow | 2 | -7 | -26 |
| CFO/OP | 74% | -36% | -72% |
Ratios
Figures in Rs. Crores
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Debtor Days | 48 | 65 | 86 |
| Inventory Days | 163 | 156 | 213 |
| Days Payable | 192 | 58 | 73 |
| Cash Conversion Cycle | 19 | 164 | 226 |
| Working Capital Days | 9 | 51 | 64 |
| ROCE % | 51% | 41% |
Documents
Announcements
Annual reports
No data available.
Business Profile:[1]
Merritronix is an Electronics Systems Design
and Manufacturing (ESDM) company focused
on high-reliability and mission-critical electronic assemblies and systems for defence, aerospace, telecommunications and industrial electronics. The company provides B2B electronics manufacturing services including component sourcing, PCB assembly, system integration, testing, box-build solutions and finished product delivery.