Merritronix Ltd (544773)
Latest quarterly results (Q2 FY26)
In its latest reported quarter, Q2 FY26, Merritronix's revenue was ₹56.0 Cr, and net profit ₹4.0 Cr; the operating margin was 14.3%.
| Q2 FY26 (₹ Cr) | Value | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹56.0 | — | — |
| Operating profit | ₹8.0 | — | — |
| Net profit | ₹4.0 | — | — |
| EPS (₹) | 3.24 | — | — |
| Operating margin | 14.3% | — | — |
📢 Recent Corporate Announcements
Merritronix Ltd released its H1 FY27 business update, reporting a 90.15% YoY increase in revenue to ₹106.37 Cr. The company's confirmed order book stood at ₹101.64 Cr as of September 30, 2026, which represents approximately 65% of its FY26 annual revenue (₹156 Cr). Capacity utilization was reported at 65%, while Capex funded via its recent June 2026 IPO is targeted for commissioning by the end of calendar year 2026. The company also signed MoUs with Analinear Design Technologies and Stuam Technologies to expand design capabilities.
- H1 FY27 revenue reached ₹106.37 Cr, marking a YoY growth of 90.15%
- Firm order book stood at ₹101.64 Cr as of September 30, 2026
- Current capacity utilization stands at 65% across existing lines
- IPO capex deployment underway, with commissioning expected by end of CY 2026
- Annual SMT board capacity at 7.65 lakh and THT board capacity at 6.00 lakh
Merritronix Ltd concluded a virtual group investor meeting on July 23, 2026, involving 24 institutional and individual investors. Notable participants included SIDBI, Nova Orbit, and various capital advisory firms such as Nirvana and Minerva. The meeting lasted one hour and focused on publicly available information. This interaction follows a strong FY25 performance where the company reported a revenue of ₹114.0 Cr and a high ROCE of 41.0%.
- Virtual group investor meeting held on July 23, 2026, from 4:00 PM to 5:00 PM
- Total of 24 participants attended, including institutional entities like SIDBI and various HNI investors
- Company reported FY25 revenue of ₹114.0 Cr with a net profit of ₹9.0 Cr
- Maintains a high ROCE of 41.0% and a debt-to-equity ratio of 0.81
- Promoter holding remains stable at 62.28% as of June 2026
Merritronix, an ESDM specialist for defense and aerospace (97.81% of FY26 revenue), released its investor presentation highlighting a ₹98.06 crore order book as of June 30, 2026. The company demonstrated strong growth with a revenue CAGR of 34.8% and a PAT CAGR of 129.7% between FY24 and FY26. EBITDA margins expanded significantly from 7.82% to 17.42% over the same period. However, the company faces high geographic concentration with 98.19% of revenue originating from Telangana and reported negative operating cash flow of -₹23.38 cr in FY26.
- Order book stands at ₹98.06 crore as of June 30, 2026, representing approximately 63% of FY26 revenue.
- Revenue from operations grew from ₹85.70 cr in FY24 to ₹155.90 cr in FY26.
- EBITDA margins improved by 960 basis points over two years, reaching 17.42% in FY26.
- Aerospace & Defence segment remains the core driver, contributing 97.81% of total revenue for FY26.
- Installed capacity reached 2.095 million units annually following the commissioning of a new SMT line in January 2026.
Merritronix Ltd has announced a virtual group meeting with investors scheduled for July 23, 2026, at 4:00 PM. The company stated that discussions will be limited to publicly available information, with no unpublished price-sensitive information (UPSI) intended for disclosure. This is a standard regulatory filing under Regulation 30 of SEBI LODR. The schedule remains subject to change due to potential exigencies from the host or the company.
- Investor meeting scheduled for July 23, 2026
- Meeting time set for 04:00 P.M. IST
- Interaction format is a virtual group meeting
- Disclosure filed on July 17, 2026, as per SEBI LODR regulations
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