Merico Filament Limited
About Merico Filament Limited
Data last updated:
Merico Filament Limited is a public limited company based in Bhiwandi, Maharashtra, India. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 23 February 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17120MH1994PLC076746. Its GSTIN is 27AAACM5786G1Z7 (Maharashtra).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹65 Lakh. It is led by directors including Jugalkishore Biyani and Ankit Satyanarayan Bajaj.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Flat No 101 1st Floor Pandurang Ayra Smruti 74/1 New Kaneri Opp. Payal Cinema, Bhiwandi, Maharashtra, India – 421302.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.95 Lakh, a decline of 89% compared to the previous year. For the same year it recorded a net loss of ₹10.79 Lakh (net margin -63.6%) and EBITDA of -₹10.66 Lakh (EBITDA margin -62.9%). Revenue has declined at a compounded annual rate (CAGR) of 62% over three years and 39% over five years.
As per MCA filings, the company has open charges of ₹2.86 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Merico Filament has one previous CIN (Corporate Identification Number): U17120MH1994PTC076746. The current CIN is U17120MH1994PLC076746, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17120MH1994PLC076746 | Current |
| U17120MH1994PTC076746 | Previous |
Contact details
Merico Filament Limited's registered office is in Bhiwandi, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No 101 1st Floor Pandurang Ayra Smruti 74/1 New Kaneri Opp. Payal Cinema, Bhiwandi, Maharashtra, India – 421302
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Merico Filament Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Merico Filament is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Merico Filament Limited, buy the company report.
Financials of Merico Filament Limited
FY 2025 filings availableMerico Filament Limited reported revenue of ₹16.95 Lakh (down 89% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 39% over five years, including a 89% fall in the latest year. EBITDA rose 59% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹10.66 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹10.79 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -62.9% | ||||
| Net Profit Margin | -63.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Merico Filament Limited, buy the company report.
Board of directors of Merico Filament Limited
Merico Filament has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jugalkishore Biyani Also directs: Pineapple Fashion Private Limited, Yesman Infin P Ltd | Director | 01 Apr 2012 | 14 Years 7 Months | Current |
| Ankit Satyanarayan Bajaj Also directs: Pineapple Fashion Private Limited, Yash Silk Mills Private Limited | Director | 01 Apr 2011 | 15 Years 7 Months | Current |
| Satyanarayan Bajaj Also directs: Tilak Resorts LLP, SGSC Textiles Private Limited | Director | 23 Feb 1994 | 32 Years 8 Months | Current |
Peer comparison
Merico Filament Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lap of Keen International Private Limited | ₹16.97 Lakh (FY 2022) | Bhilwara, Rajasthan, India | ||||
| Asbbrightway Retail Private Limited | ₹16.96 Lakh (FY 2025) | 63.0% | Ramgarh, Jharkhand, India | |||
| Ashtekar and Sons Private Limited | ₹16.96 Lakh (FY 2023) | 1385.0% | Nashik, Maharashtra, India | |||
| Food Engineering Enterprises Private Limited | ₹16.96 Lakh (FY 2025) | 70.0% | Ponpadi, Tamil Nadu, India | |||
| Elemental Micro Systems (OPC) Private Limited | ₹16.95 Lakh (FY 2021) | Bangalore, Karnataka, India | ||||
| Merico Filament Limitedthis company | ₹16.95 Lakh (FY 2025) | -₹10.79 Lakh | -63.6% | -89.0% | Bhiwandi, Maharashtra, India | |
| Sai Kridhay Enterprise Private Limited | ₹16.95 Lakh (FY 2023) | Hyderabad, Telangana, India | ||||
| JSD Trackers Private Limited | ₹16.95 Lakh (FY 2023) | 32.0% | Bahadurgarh, Haryana, India | |||
| Anoush Pharmaceuticals India Private Limited | ₹16.94 Lakh (FY 2023) | 21.0% | Hoshiarpur, Punjab, India | |||
| Itact Solutions Private Limited | ₹16.94 Lakh (FY 2017) | 72.0% | Pune, Maharashtra, India |
To see the full peer comparison of Merico Filament Limited, buy the company report.
Auditor
Merico Filament Limited is audited by S C Mehra & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S C Mehra & Associates | FY 2017 | 106156W |
Shareholding
The shareholding of Merico Filament Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Merico Filament Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Mar 2000 | 90231054 | The Honkong and Shanbhi Banking Corpn Ltd | ₹2.86 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Merico Filament Limited has 1 court case on record: 1 filed by Merico Filament. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Ref-IDA) | Filed by the company against an individual | Disposed |
To see the full case history of Merico Filament Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Merico Filament Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Merico Filament has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM5786G1Z7 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Merico Filament Limited, buy the company report.
Recent activity
Merico Filament Limited has 5 board changes on record since 1994: 3 appointments and 2 cessations. The latest: Jugalkishore Biyani was appointed as Director on 01 Apr 2012.
Frequently asked questions
Merico Filament is an active public limited company based in Bhiwandi, Maharashtra, India. The company works in other wholesale, within the trading industry. It was incorporated on 23 February 1994 (32+ years old) and is registered under CIN U17120MH1994PLC076746.
Merico Filament has 3 current directors:
- Jugalkishore Biyani - Director
- Ankit Satyanarayan Bajaj - Director
- Satyanarayan Bajaj - Director
The latest financial statements of Merico Filament on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Merico Filament is 27AAACM5786G1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Merico Filament is U17120MH1994PLC076746. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Merico Filament has 1 court case on record: 1 filed by the company.
Merico Filament was incorporated on 23 February 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Merico Filament by revenue are Lap of Keen International Private Limited, Asbbrightway Retail Private Limited, Ashtekar and Sons Private Limited, Food Engineering Enterprises Private Limited, Elemental Micro Systems (OPC) Private Limited and 4 more, all in the same principal business activity (retail trading).
Jugalkishore Biyani was appointed as Director on 01 Apr 2012. Prem Kishan Prahlad Das Bajaj ceased to be Director on 01 Apr 2012. Ankit Satyanarayan Bajaj was appointed as Director on 01 Apr 2011. Merico Filament has 5 board changes on record in total.
The registered office of Merico Filament is at Flat No 101 1st Floor Pandurang Ayra Smruti 741 New Kaneri Opp. Payal Cinema, Bhiwandi, Maharashtra, India – 421302.
Merico Filament operates in the trading industry, in the other wholesale segment.
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