About Merilvet
Merilvet is a Healthcare company based in Vapi (India) founded in 2006. Medical device innovation in orthopedics, endo-surgery, and diagnostics. The company has 1,584 employees. Its Indian entity Meril Life Sciences Private Limited reported revenue of ₹1,730 Cr. Merilvet offers products and services including Orthopedic Devices and Diagnostics Products. Its focus areas include Medical Devices, Diagnostics, In-vitro Diagnostics and Orthopedics.
Company details
Meril is recognized as a global medical device company that was founded in 2006 in India and is dedicated to the innovation and development of devices in orthopedics, endo-surgery, and diagnostics. Efforts are focused on improving quality of life through state-of-the-art technologies and a commitment to research and distribution. Operations span multiple countries, emphasizing alleviation of suffering via clinically relevant solutions. Manufacturing and scientific communication are integral to its approach, ensuring contemporary distribution of products.
- Headquarters Vapi, India
- Employees 1,584
- SectorsHealthcare
- Email••••••••
- Website merilvet.com
- Social LinkedIn Facebook
- Legal Name Meril Life Sciences Pvt. Ltd
- Date of Incorporation 19 Jun, 2007
- Jurisdiction Vapi, Gujarat, India
- Annual Revenue₹1,730 Cr
FY 2025 · +44% YoY
- Net Profit₹425 Cr
FY 2025 · 25% margin
- EBITDA₹646 Cr
FY 2025 · 37% margin
- Employee Count1,584
Associated legal entities of Merilvet
Merilvet operates through Meril Life Sciences Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Meril Life Sciences Private Limited CIN U24239GJ2007PTC051137 | Active | 19 Jun 2007 | Vapi, Gujarat | ₹1,730 Cr | 1,584 | 4 | View details |
Products & Services of Merilvet
Merilvet offers a comprehensive portfolio of products and services, including Orthopedic Devices and Diagnostics Products.
Orthopedic devices such as screws and nails are designed for trauma care to support patient treatment.
Analyzers and reagents are provided for in-vitro diagnostics to aid in health assessments.
Board of directors of Meril Life Sciences Private Limited (Merilvet)
Meril Life Sciences Private Limited is the primary company behind Merilvet. The board of Meril Life Sciences Private Limited currently have 3 directors; the longest-serving is Nanubhai Premjibhai Bambharolia, appointed in 2007. 10 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nanubhai Premjibhai Bambharolia DIN 00089481 | Whole-time director | 19 Jun 2007 | 19 yrs 4 mo | Meril Life Sciences Private Limited |
| Rajnikant Gandalal Vyas DIN 00837447 | Whole-time director | 20 Oct 2010 | 16 yrs | Meril Life Sciences Private Limited |
| Hemchandra Yadunandan Panjikar DIN 07230533 | Director | 11 Mar 2023 | 3 yrs 8 mo | Meril Life Sciences Private Limited |
Financials of Merilvet
Figures of Meril Life Sciences Private Limited, the primary company behind Merilvet, for FY 2025. Revenue was ₹1,730 Cr (+44% year on year). Net profit was ₹425 Cr (25% margin). EBITDA was ₹646 Cr (37% margin). Revenue has grown at a compounded annual rate of +52% over three years and +32% over five years.
- ₹1,730 CrRevenue · FY 2025 · +44% YoY
- ₹425 CrNet profit · 25% margin
- ₹646 CrEBITDA · 37% margin
- ₹99.36 CrPaid-up capital
- 1,584Employees (provident fund records)
- +52%Revenue CAGR, 3 years
- +32%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Meril Life Sciences Private Limited are on its company page.
Detailed financial statements for Merilvet
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Frequently Asked Questions about Merilvet
Merilvet was founded in 2006.
Merilvet is headquartered in Vapi, India. It is registered at Vapi, Gujarat, India.
Merilvet has 1,584 employees.
The primary company behind Merilvet, Meril Life Sciences Private Limited, reported revenue of ₹1,730 Cr for FY 2025, up 44% year on year.
Meril is recognized as a global medical device company that was founded in 2006 in India and is dedicated to the innovation and development of devices in orthopedics, endo-surgery, and diagnostics. Efforts are focused on improving quality of life through state-of-the-art technologies and a commitment to research and distribution. Operations span multiple countries, emphasizing alleviation of suffering via clinically relevant solutions. Manufacturing and scientific communication are integral to its approach, ensuring contemporary distribution of products.
Merilvet offers Orthopedic Devices and Diagnostics Products.
Merilvet operates through Meril Life Sciences Private Limited.
The legal entities of Merilvet currently have 4 directors, including Nanubhai Premjibhai Bambharolia, Rajnikant Gandalal Vyas, Rushi Jagdish Sathe and others.