Merritronix Ltd.

BSE: 544773
Merritronix Ltd. - information technology in Hyderabad, Telangana, India. FY 2026 financials & compliance.
CIN U32100TG1988PLC155611 Incorporated 14 October 1988 ROC Hyderabad HQ Hyderabad, Telangana, India
Active Listed - BSE: 544773 Public Limited Company information technology MSME
Data last updated
Market Cap
₹714 Cr
MRTX · BSE
Share Price
₹400.00
-2.06% today
Revenue
₹156 Cr
FY 2025-26 · +37.3% YoY
EBITDA
₹27.23 Cr
Margin 17.5%
Net Profit
₹16.11 Cr
FY 2025-26 · +86.2% YoY
ROE
46.0%
ROCE 40.8%
Debt / Equity
0.88
Interest cover 15.2x
Authorised capital
₹18 Cr
Registered with MCA

About Merritronix Ltd.

Data last updated:

Merritronix Ltd. is a public limited company based in Hyderabad, Telangana, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 14 October 1988 and has been in existence for over 38 years.

The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U32100TG1988PLC155611. Its GSTIN is 36AABCM8760B1ZL (Telangana). The company holds 3 GST registrations, of which 1 is active. It is a listed company as per MCA records. Its shares are listed on BSE: 544773.

The company has an authorised share capital of ₹18 Cr and a paid-up capital of ₹17.48 Cr. It is led by directors including Dovari Amarnath (Managing Director) and Dovari Yesudas.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at C – 22 Electronic Complex Kushaiguda, Hyderabad, Telangana, India – 500062.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹155.9 Cr, a growth of 37.3% compared to the previous year. For the same year it recorded a net profit of ₹16.11 Cr (net margin 10.3%) and EBITDA of ₹27.23 Cr (EBITDA margin 17.5%). The net worth stands at ₹53.12 Cr (up 215.4% YoY). Total assets are valued at ₹96.81 Cr (up 169.5% YoY).

The company has about 25 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Merritronix. As per MCA filings, the company has open charges of ₹45.65 Cr and satisfied charges of ₹72.4 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 2 cases are pending. The company has 1 deal on record (1 ipo); the latest was in June 2026.

Merritronix Ltd. is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-TS-20-0004044). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website merritronix.com.

Company details

CIN U32100TG1988PLC155611
Registration Number 155611
Incorporation Date 14 October 1988
ROC Hyderabad
Listing Status Listed - Listed on BSE (544773)
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-TS-20-0004044

CIN history

Merritronix has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U32100TG1988PLC155611, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U32100TG1988PLC155611Current
U32100TG1988PTC155611Previous
U32100AP1988PTC009167Previous
Key People
Dovari Amarnath Managing Director Dovari Yesudas Director Kethan Chandra Darsy Director

Recognitions & Rankings of Merritronix

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-TS-20-0004044

Contact details

Merritronix Ltd.'s registered office is in Hyderabad, Telangana. Its website is merritronix.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    merritronix.com
  • Registered Address
    C – 22 Electronic Complex Kushaiguda, Hyderabad, Telangana, India – 500062
  • Industry
    Information Technology, Electronic Components & Equipment Manufacturing

To see the full contact details of Merritronix Ltd., buy the company report.

Comprehensive company report
Merritronix 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

Brands

Merritronix operates one associated brand: Merritronix. Each brand links to its own profile.

BrandDescriptionWebsite
Merritronix
Potato farming, grain marketing, and equipment services in Maine.merritronix.com

Business activity

The main business activity of Merritronix is manufacturing. In detail, this covers manufacture of computer, electronic and optical products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing26Manufacture of computer, electronic and optical products

To see the full business activity and turnover split of Merritronix Ltd., buy the company report.

Financials of Merritronix Ltd.

FY 2025-26 filings available

Merritronix Ltd. reported revenue of ₹155.9 Cr (up 37.3% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹156 Cr
+37.3% YoY
EBITDA
₹27.23 Cr
+80.0% YoY
Profit After Tax
₹16.11 Cr
+86.2% YoY
Net Worth
₹53.12 Cr
+215.4% YoY
Total Assets
₹96.81 Cr
+169.5% YoY
Total Debt
₹43.20 Cr
+132.6% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Income statement
Revenue15611485.7053.1716.49
Revenue growth+37.3%+32.5%+61.2%+222.4%-
EBITDA27.2315.136.571.891.51
EBITDA margin+17.5%+13.3%+7.7%+3.6%+9.2%
Profit before tax23.0312.394.290.480.23
Net profit16.118.653.040.290.22
Net profit margin+10.3%+7.6%+3.6%+0.6%+1.3%
EPS (₹)12.6059.64210.0821.0814.00
Balance sheet
Total assets96.8135.9224.3419.5114.19
Net worth53.1216.848.185.315.30
Total debt43.2018.5715.8114.008.68
Cash & bank25.702.423.910.300.55
Net working capital91.0432.0015.8813.6111.94
Cash flow
Cash from operations(23.38)(6.64)4.53(0.85)-
Cash from investing(2.59)4.48(2.23)(2.82)-
Cash from financing41.150.740.273.81-

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 26 Oct 2026
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Revenue15611485.7053.1716.49
Revenue growth+37.3%+32.5%+61.2%+222.4%-
Other income0.350.480.310.090.06
Total expenses12998.4379.1351.2814.98
Employee cost1.971.411.451.230.99
EBITDA27.2315.136.571.891.51
EBITDA margin+17.5%+13.3%+7.7%+3.6%+9.2%
Depreciation0.470.390.410.340.30
Interest4.082.832.181.161.04
Profit before tax23.0312.394.290.480.23
Tax6.923.741.250.190.01
Net profit16.118.653.040.290.22
Net profit margin+10.3%+7.6%+3.6%+0.6%+1.3%
EPS (₹)12.6059.64210.0821.0814.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Equity & liabilities
Share capital12.781.451.451.451.45
Reserves & surplus40.3415.396.733.863.85
Shareholders' funds (net worth)53.1216.848.185.315.30
Secured loans39.6514.7110.659.356.75
Unsecured loans3.553.865.164.651.93
Total debt43.2018.5715.8114.008.68
Total liabilities96.8135.9224.3419.5114.19
Assets
Gross block11.769.119.079.066.24
Net block5.923.744.104.632.15
Capital work in progress0.000.000.000.000.00
Investments0.000.000.000.000.00
Inventories71.3139.6933.509.8310.08
Sundry debtors36.5520.3611.1923.5110.54
Cash & bank balances25.702.423.910.300.55
Loans & advances14.887.6311.153.951.37
Total current assets14870.1059.7537.5922.54
Total current liabilities57.4038.1043.8723.9810.60
Net working capital91.0432.0015.8813.6111.94
Total assets96.8135.9224.3419.5114.19
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Opening cash1.452.870.300.16-
Net cash from operating activities(23.38)(6.64)4.53(0.85)-
Net cash from investing activities(2.59)4.48(2.23)(2.82)-
Net cash from financing activities41.150.740.273.81-
Net change in cash15.18(1.42)2.580.14-
Closing cash25.702.423.910.30-
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Growth
Sales growth+37.3%+32.5%+61.2%+222.4%-
EBITDA growth+80.0%+130.3%+247.6%+25.2%-
PBT growth+85.9%+188.8%+793.8%+108.7%+9997.0%
Net income growth+86.2%+184.5%+948.3%+31.8%-
Revenue CAGR (3Y)+43.1%+90.3%---
EBITDA CAGR (3Y)+143.3%+115.6%---
Profitability & leverage
Net income margin+10.3%+7.6%+3.6%+0.6%+1.3%
Return on capital employed+40.8%+50.6%+29.5%+9.9%+8.8%
Return on net worth+46.0%+69.2%+45.2%+5.8%+3.8%
Debt / equity0.881.372.212.141.64
Long-term debt / equity0.140.431.031.160.80
Interest cover15.2519.2035.3974.8485.95
Efficiency & per share
Fixed asset turnover14.9412.499.456.952.64
Inventory turnover2.813.103.965.341.64
Debtors turnover5.487.204.943.121.56
EPS (₹)12.6059.64210.0821.0814.00
Dividend per share (₹)0.000.000.000.000.00
Book value per share (₹)41.56115.99563.50366.18365.47

To see the full year-wise statements and ratios of Merritronix Ltd., buy the company report.

Board of directors of Merritronix Ltd.

Merritronix has 6 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Dovari Yesudas
Also directs: Merrictro Products Private Limited, Merrito Polymers (India) Private Limited
Director31 May 20233 Years 4 MonthsCurrent
Dovari AmarnathManaging Director14 Oct 198838 Years 0 MonthsCurrent
Kethan Chandra DarsyDirector03 Oct 20224 Years 0 MonthsCurrent
Ravi BandreddiDirector01 Aug 20251 Years 2 MonthsCurrent
Sridevi Madati
Also directs: TGV Sraac Limited, Sigachi Laboratories Limited, Ushakiran Finance Limited
Director01 Aug 20251 Years 2 MonthsCurrent
Ramalakshmana Rao Pavuluri
Also directs: Kakatiya Energy Systems Private Limited
Director01 Aug 20251 Years 2 MonthsCurrent
View all directors

Auditor

Merritronix Ltd. is audited by Chengalrayulu & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Chengalrayulu & AssociatesFY 2023021598S

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 62.30%, foreign institutional investors hold 2.50%, domestic institutional investors hold 7.90% and retail and other public shareholders hold 27.40%.

Promoters: 62.30%DII (Domestic Institutional): 7.90%FII (Foreign Institutional): 2.50%Retail & Others: 27.40%
Sep 2026
QUARTER
62.30% Promoters
7.90% DII (Domestic Institutional)
2.50% FII (Foreign Institutional)
27.40% Retail & Others
Promoter holding - history
Now 62.30% · Sep 2026High 62.30% · Jun 2026Low 62.30% · Jun 2026
61%61.8%62.5%63.3%64%Jun 2026Sep 2026Jun 2026: 62.30%Sep 2026: 62.30%62.30%62.30%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026
Promoters62.30%62.30%
Public37.70%37.70%

Charges & borrowings

Open charges
₹45.65 Cr
Satisfied charges
₹72.4 Cr
Breakdown by lending institutions
Sidbi₹25.00 Cr
Others₹20.65 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Mar 2026101279057Sidbi₹20 CrOpen
20 Mar 2026101272673Sidbi₹2 CrOpen
20 Feb 2026101251919Others₹48 LakhOpen
11 Nov 2024101006599Others₹20.17 CrOpen
18 Nov 2022100640544Sidbi₹3 CrOpen

To see the full charge records of Merritronix Ltd., buy the company report.

Total charge records: 16 View all charges

Deals & funding

Merritronix Ltd. has 1 deal on record (1 ipo); the latest was in June 2026.

Total deals
1
IPO
1

Deals on record (1 of 1)

WhenDealAmountParties
Jun 2026IPO₹70.03 CrInvestors: HDFC Bank Limited , Shine Star Build-Cap Private Limited , Ashika Global Finance Private Limited

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Merritronix Ltd. was last rated by Crisil on 14 Aug 2020.

Rating agencyRated onRating
Crisil14 Aug 2020

To see the full credit ratings and regulatory alerts of Merritronix Ltd., buy the company report.

MSME payment delays

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

Employees & EPFO

Merritronix Ltd. has a workforce of 25 employees on its EPFO records as of Oct 09, 2025, across 1 active EPFO establishment.

Employee count
25
Active EPFO establishments
1
Employee growth
-10.71%

GST

Merritronix has 3 GST registrations: 1 active and 2 cancelled or inactive.

Total GSTINs
3
Active
1
Cancelled / inactive
2
GSTINStateStatusRegistered on
36AABCM8760B1ZLTelanganaActive01 Jul 2017

To see the full GST registrations and return filing status of Merritronix Ltd., buy the company report.

Recent activity

Merritronix Ltd. has 12 board changes on record since 1988: 6 appointments and 6 cessations. The latest: Ramalakshmana Rao Pavuluri was appointed as Director on 01 Aug 2025.

Charges
A charge registered on 06 Sep 2025 via Charge ID 101172988 with Others was fully satisfied on 28 May 2026.
Filing
Merritronix Ltd. has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Hyderabad.
Charges
A charge with Sidbi amounted to Rs. 20.00 Cr with Charge ID 101279057 was registered on 30 Mar 2026.
Charges
A charge with Sidbi amounted to Rs. 2.00 Cr with Charge ID 101272673 was registered on 20 Mar 2026.
Charges
A charge registered on 12 Nov 2025 via Charge ID 101192521 with Sidbi was fully satisfied on 13 Mar 2026.
Charges
A charge registered on 01 Jul 2020 via Charge ID 100352682 with Sidbi was fully satisfied on 13 Mar 2026.
Charges
A charge with Others amounted to Rs. 0.48 Cr with Charge ID 101251919 was registered on 20 Feb 2026.
Charges
A charge with Sidbi amounted to Rs. 5.50 Cr with Charge ID 101192521 was registered on 12 Nov 2025.
AGM
Merritronix Ltd. last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 20.02 Cr with Charge ID 101172988 was registered on 06 Sep 2025.
Charges
A charge with Others of Rs. 20.17 Cr registered on 11 Nov 2024 with Charge ID 101006599 was modified on 04 Sep 2025.
Appointed
Ramalakshmana Rao Pavuluri was appointed as Director.

35 earlier events are in the company report.

Frequently asked questions

Merritronix is an active public limited company based in Hyderabad, Telangana, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 14 October 1988 (38+ years old) and is registered under CIN U32100TG1988PLC155611. Listed on BSE: 544773.

Merritronix reported revenue of ₹155.9 Cr for FY 2025-26 (up 37.3% YoY) based on standalone financials.

Merritronix has 6 current directors:

The latest financial statements of Merritronix on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Merritronix is 36AABCM8760B1ZL, registered in Telangana. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.

The CIN (Corporate Identification Number) of Merritronix is U32100TG1988PLC155611. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Merritronix is a listed company as per MCA records. Its shares are listed on BSE (code: 544773).

Merritronix has 3 court cases on record: 2 filed by the company and 1 filed against it. 2 are pending. Most are in the high courts.

Merritronix was incorporated on 14 October 1988, making it 38+ years old. It is registered with the Registrar of Companies, Hyderabad.

Merritronix has 1 deal on record (1 ipo); the latest was in June 2026.