Merino Leathers Pvt Ltd - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U19110MH1986PTC041648 Incorporated 24 November 1986 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company manufacturing
Data last updated
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹7.58 Lakh
Issued & subscribed
Open charges
₹9.75 Cr
Secured borrowings
Company age
40 yrs
Est. 1986
Employees · EPFO
1
Provident fund records
Directors on board
3
As per MCA filings
Last financials
Mar 2025
Balance sheet date
Last AGM
20 Sep 2025
Annual general meeting

About Merino Leathers Pvt Ltd

Data last updated:

Merino Leathers Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the leather goods segment of the manufacturing sector. It was incorporated on 24 November 1986 and has been in existence for over 40 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U19110MH1986PTC041648.

The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹7.58 Lakh. It is led by directors including Satchidanand Narayan Bhagwat and Ajay Anilkumar Mehta.

Its last annual general meeting (AGM) was held on 20 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 112 Maker Chambers III 223 Nariman Point, Mumbai, Maharashtra, India – 400021.

The company has about 1 employee on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹9.75 Cr on record. Court records list 1 case involving the company, including 1 filed against it.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U19110MH1986PTC041648
Registration Number 041648
Incorporation Date 24 November 1986
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 20 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

Merino Leathers Pvt Ltd's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    112 Maker Chambers III 223 Nariman Point, Mumbai, Maharashtra, India – 400021
  • Industry
    Manufacturing, Leather Goods

To see the full contact details of Merino Leathers Pvt Ltd, buy the company report.

Comprehensive company report
Merino Leathers Pvt Ltd - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Financials of Merino Leathers Pvt Ltd

FY 2025 filings available

Financial Statement Summary

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA
Profit Before Tax
Tax Expense
Net Profit (PAT)
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin
Net Profit Margin
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Merino Leathers Pvt Ltd, buy the company report.

Board of directors of Merino Leathers Pvt Ltd

Merino Leathers has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Satchidanand Narayan BhagwatDirector01 Jan 198739 Years 10 MonthsCurrent
Ajay Anilkumar MehtaDirector09 May 198838 Years 5 MonthsCurrent
Anilkumar Nandlal MehtaDirector03 Dec 198639 Years 10 MonthsCurrent

Auditor

Merino Leathers Pvt Ltd is audited by MOHANLAL JAIN & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
MOHANLAL JAIN & CO.FY 202336824

Shareholding

The shareholding of Merino Leathers Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Merino Leathers Pvt Ltd, buy the company report.

Charges & borrowings

Open charges
₹9.75 Cr
Satisfied charges
None
Breakdown by lending institutions
Canara Bank₹9.75 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
03 Sep 200290214903Canara Bank₹50 LakhOpen
12 Oct 199490212557Canara Bank₹2.5 CrOpen
18 Dec 199390212435Canara Bank₹25 LakhOpen
05 Mar 199390212348Canara Bank₹1.17 CrOpen
03 Mar 199390212345Canara Bank₹30 LakhOpen

To see the full charge records of Merino Leathers Pvt Ltd, buy the company report.

Total charge records: 10 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Merino Leathers Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Merino Leathers Pvt Ltd has a workforce of 1 employees on its EPFO records as of Apr 10, 2024, across 2 active EPFO establishments.

Employee count
1
Active EPFO establishments
2

GST

No GST registration is on our record for Merino Leathers Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Merino Leathers Pvt Ltd has 3 board changes on record since 1986: 3 appointments. The latest: Ajay Anilkumar Mehta was appointed as Director on 09 May 1988.

AGM
Merino Leathers Pvt Ltd last Annual general meeting of members was held on 20 Sep 2025 as per latest MCA records.
Filing
Merino Leathers Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Canara Bank amounted to Rs. 50.00 Lakh with Charge ID 90214903 was registered on 03 Sep 2002.
Charges
A charge with Canara Bank amounted to Rs. 250.00 Lakh with Charge ID 90212557 was registered on 12 Oct 1994.
Charges
A charge with Canara Bank of Rs. 50.00 Lakh registered on 03 Sep 2002 with Charge ID 90214903 was modified on 27 Jun 1994.
Charges
A charge with Canara Bank of Rs. 30.00 Lakh registered on 03 Mar 1993 with Charge ID 90212345 was modified on 27 Jun 1994.
Charges
A charge with Canara Bank of Rs. 25.00 Lakh registered on 18 Dec 1993 with Charge ID 90212435 was modified on 06 Jan 1994.
Charges
A charge with Canara Bank amounted to Rs. 25.00 Lakh with Charge ID 90212435 was registered on 18 Dec 1993.
Charges
A charge with Canara Bank amounted to Rs. 117.00 Lakh with Charge ID 90212348 was registered on 05 Mar 1993.
Charges
A charge with Canara Bank amounted to Rs. 155.00 Lakh with Charge ID 90214483 was registered on 03 Mar 1993.
Charges
A charge with Canara Bank amounted to Rs. 30.00 Lakh with Charge ID 90212345 was registered on 03 Mar 1993.
Charges
A charge with Canara Bank of Rs. 50.00 Lakh registered on 19 Feb 1988 with Charge ID 90214334 was modified on 24 Apr 1991.

9 earlier events are in the company report.

Frequently asked questions

Merino Leathers is an active private limited company based in Mumbai, Maharashtra, India. The company works in leather goods, within the manufacturing industry. It was incorporated on 24 November 1986 (40+ years old) and is registered under CIN U19110MH1986PTC041648.

Merino Leathers has 3 current directors:

The latest financial statements of Merino Leathers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 20 September 2025. Year-wise statements from 2015 are in the company report.

The CIN (Corporate Identification Number) of Merino Leathers is U19110MH1986PTC041648. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Merino Leathers has 1 court case on record: 1 filed against it.

Merino Leathers was incorporated on 24 November 1986, making it 40+ years old. It is registered with the Registrar of Companies, Mumbai.

Ajay Anilkumar Mehta was appointed as Director on 09 May 1988. Satchidanand Narayan Bhagwat was appointed as Director on 01 Jan 1987. Anilkumar Nandlal Mehta was appointed as Director on 03 Dec 1986.

The registered office of Merino Leathers is at 112 Maker Chambers III 223 Nariman Point, Mumbai, Maharashtra, India – 400021.

Merino Leathers operates in the manufacturing industry, in the leather goods segment.

Merino Leathers has open charges of ₹9.75 Cr and no satisfied charges on record as per latest MCA filings.