About Meroo Textile Industries
Meroo Textile Industries is an Industrial Goods & Manufacturing company based in Mumbai (India) founded in 2005. It manufactures and exports institutional bed linens and towels. It operates on a B2B model. The company has 72 employees. Its Indian entity Meroo Textile Industries Private Limited reported revenue of ₹25.59 Cr. Its focus areas include Manufacturing, Textiles, Bed Linens and Towels and Institutional Products. Its competitors include Indo Count, Orbit Exports and Cortina India.
Company details
Meroo Textile Industries, established in 2005, excels in producing manufactured goods, textiles, bed linens and towels, and institutional products. Manufactures and exports institutional bed linens and towels. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
- Headquarters Mumbai, India
- Employees 72
- SectorsIndustrial Goods & Manufacturing
- Website merootex.com
- Legal Name Meroo Textile Industries Private Limited
- Date of Incorporation 10 Feb, 2005
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹25.59 Cr
FY 2024 · +11% YoY
- Net Profit₹20.7 Lakh
FY 2024 · 1% margin
- EBITDA₹1.40 Cr
FY 2024 · 5% margin
- Employee Count72
Associated legal entities of Meroo Textile Industries
Meroo Textile Industries operates through Meroo Textile Industries Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Meroo Textile Industries Private Limited CIN U17120MH2005PTC151221 | Active | 10 Feb 2005 | Mumbai, Maharashtra | ₹25.6 Cr | 72 | 2 | View details |
Board of directors of Meroo Textile Industries Private Limited (Meroo Textile Industries)
Meroo Textile Industries Private Limited is the primary company behind Meroo Textile Industries. The board of Meroo Textile Industries Private Limited currently have 2 directors; the longest-serving is Deepak Narshi Vora, appointed in 2005.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Deepak Narshi Vora DIN 00788943 | Director | 10 Feb 2005 | 21 yrs 8 mo | Meroo Textile Industries Private Limited |
| Suresh Vora DIN 00788983 | Director | 10 Feb 2005 | 21 yrs 8 mo | Meroo Textile Industries Private Limited |
Financials of Meroo Textile Industries
Figures of Meroo Textile Industries Private Limited, the primary company behind Meroo Textile Industries, for FY 2024. Revenue was ₹25.59 Cr (+11% year on year). Net profit was ₹20.7 Lakh (1% margin). EBITDA was ₹1.40 Cr (5% margin). Revenue has grown at a compounded annual rate of +18% over three years and +4% over five years.
- ₹25.59 CrRevenue · FY 2024 · +11% YoY
- ₹20.7 LakhNet profit · 1% margin
- ₹1.40 CrEBITDA · 5% margin
- ₹74.8 LakhPaid-up capital
- 72Employees (provident fund records)
- +18%Revenue CAGR, 3 years
- +4%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Meroo Textile Industries Private Limited are on its company page.
Detailed financial statements for Meroo Textile Industries
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Competitors of Meroo Textile Industries
Meroo Textile Industries has 3 listed competitors in our database. They include Indo Count, Orbit Exports and Cortina India.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| indocount.com | 1988 | Mumbai, India | 3,359 | Home textile products including bed sheets and bedding are manufactured. | ||
| orbitexports.com | 1983 | Mumbai, India | 7 | Orbit Exports is recognized as a leading fabric exporter from India. | ||
| cortinaindia.com | 2012 | Ahmedabad, India | 50 | Runs a direct-to-consumer brand specializing in high-quality home linen products for kids. |
Detailed competitors of Meroo Textile Industries
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Top companies in Textile & Yarn Production
3 companies that operate in the same segment as Meroo Textile Industries (Textile & Yarn Production) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Bicycle manufacturing, sales, and accessory services in India. | 1956 | Gurugram, Haryana, India | USD 246.88 M | 2,472 | ||
Fabrics, synthetic yarns, viscose, chemicals, and linen products are manufactured. | 1947 | Ujjain, Madhya Pradesh, India | USD 18.65 B | 193 | ||
Home textile products are manufactured, retailed, and distributed globally. | 1985 | Bengaluru, Karnataka, India | USD 253.24 M | 8,060 |
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Frequently Asked Questions about Meroo Textile Industries
Meroo Textile Industries was founded in 2005.
Meroo Textile Industries is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Meroo Textile Industries has 72 employees.
The primary company behind Meroo Textile Industries, Meroo Textile Industries Private Limited, reported revenue of ₹25.59 Cr for FY 2024, up 11% year on year.
Meroo Textile Industries, established in 2005, excels in producing manufactured goods, textiles, bed linens and towels, and institutional products. Manufactures and exports institutional bed linens and towels. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
Meroo Textile Industries's top competitors include Indo Count, Orbit Exports and Cortina India.
Meroo Textile Industries operates through Meroo Textile Industries Private Limited.
The legal entities of Meroo Textile Industries currently have 2 directors, including Deepak Narshi Vora, Suresh Vora.