(A) Background of the Company:
The Merino Group was commissioned in 1965 by the late Man Kumar Lohia and his brothers. The Group has since evolved into the largest manufacturer and exporter of laminates in India. The Company is presently managed by a team of multi-genre professionals. With more than half a decade of experience, the Company has established its respect and leadership in the country’s laminates segment.
The Company is headquartered in Kolkata with manufacturing units in Hapur (Uttar Pradesh), Rohad (Haryana), Hosur (Tamil Nadu) and Dahej (Gujarat).
The Company has a presence in almost all the States and markets its products in more than 60 countries. The Company’s network of more than 4000 dealers (doubled in the last five years) helps provide products across more than 2000 outlets.
(B) Business Segments:
(i) Interior Solutions: Merino is a versatile manufacturer and marketer of Interiors Solutions with a wide array of products for homes, offices, commercial and public areas. In Interior Solutions, plywood was their first product in 1974.
(ii) In the Agro Business: the Merino Group initially began in the cold storage business and subsequently diversified into farming, biotechnology, and food processing. The integration in both directions – forward and backward – has shaped the brand initiative in the FMCG market where we have launched potato flakes and ready to eat snack mixes under a very popular brand name ‘Vegit’.
(iii) In Information Technology Services: Merino Services Limited is a Business Consulting and IT Services organization providing value-added services as a Partner-in-Progress with the esteemed customers and business associates. They specialize in the design/implementation of various business solutions for our customers.
Note: 90% of the business comes from Laminates and rest from others.
(c) Corporate Video to understand Merino Industries
Total Available Shares: | 100 |
Face Value: | ₹ 10 Per Equity Share |
ISIN: | INE662B01017 |
Lot Size: | 10 Shares |
Current Unlisted Share Price: | ₹ 3450 Per Equity Share |
Retail Discount: | Bulk Deal (1%) |
Year | Revenue | EBITDA | EBITDA Margin | PAT | PAT Margin | Equity | EPS |
2016 | 1088 | 234 | 21.50% | 117 | 10.80% | 1.047 | 111.75 |
2017 | 1164 | 239 | 20.50% | 139 | 11.90% | 1.047 | 132.76 |
2018 | 1239 | 230 | 18.60% | 123 | 9.90% | 1.047 | 117.48 |
2019 | 1491 | 260 | 17.48% | 160 | 10.70% | 1.047 | 152.82 |
2020 | 1488 | 235 | 15.78% | 134 | 9% | 1.047 | 127 |
2021 | 1339 | 252 | 18.82% | 132 | 10% | 1.118 | 117.95 |
Year | Net Worth | Debt | Debt/NW | Current Ratio | ROCE |
2016 | 355 | 149 | 0.42 | 1.58 | 46% |
2017 | 474 | 158 | 0.33 | 1.77 | 34% |
2018 | 580 | 173 | 0.3 | 1.78 | 26% |
2019 | 721 | 184 | 0.26 | 1.74 | 30% |
2020 | 926 | 180 | 0.19 | 1.73 | 29% |
2021 | 1036 | 137 | 0.13 | 3.77 | 12% |
Please find below the procedure for buying Merino Industries Limited Unlisted Shares at UnlistedZone.
Please find below the procedure for selling Merino Industries Limited Unlisted Shares at UnlistedZone.
Lock-in period of Merino Industries Limited Unlisted Shares depends upon category of investors.
DIS - Delivery Instruction Slip is the way through which an investor can sell or transfer the Merino Industries Limited Unlisted Shares from his/her demat account to any other demat account. There are two Types of DIS Slip.
In the last 4-5 years, the unlisted share market has become quite big and as a result of that, the ticket size has reduced from usual 5-10 Lac to 35-50k in today's scenario. So, via our UnlistedZone platform, if somebody wants to buy Merino Industries Limited Unlisted Shares then minimum investment would be 35-50k.
Yes, buying and selling of unlisted shares in India is 100% legal.
If you sell your shares within 2 years, then you will have to pay Short-term Capital gain on unlisted shares. Short-Term Capital Gain is added in your Income. So, as per individual tax slab you need to pay capital gain tax.
If you sell your shares after 2 years, then you will have to pay Long-term Capital gain on unlisted shares LTCG is 20% with indexation benefits.
After listing of shares, the unlisted shares which you have bought through unlisted market, will be taxed at listed rates, if sold through exchange. So, taxes of listed market will be applicable. And, to calculate holding time, for determining LTCG or STCG, the purchase date of unlisted shares will be applicable.
If you buy Merino Industries Limited Unlisted Shares from UnlistedZone then these shares can checked in two ways. However, before we tell you the process of checking of shares, it is intimated that as per SEBI regulations, the shares can be transferred in demat account only.
Check credit of Merino Industries Limited Unlisted Shares Instantly?
The Merino Industries Limited Unlisted Shares are credited in demat account same day of transferring funds in our company's bank account.
The price of Merino Industries Limited Unlisted Shares can be checked in two ways. First, you can join our telegram channel where on daily basis we share the latest prices of all the unlisted shares in the morning and secondly, you can register on UnlistedZone.live platform to see the historical graphs and prices of all the shares at one place.
If you see the thesis of investment in the unlisted shares then it is being done mainly to take the advantage of IPO market. And, if the IPO plans of company get delayed due to market conditions or any other reason then demand suddenly drops in the market. The unlisted market works mainly on demand and supply and if there is no IPO news then getting exit would be difficult.
"UnlistedZone is India's fastest and leading marketplace to buy and sell unlisted shares. In the last 3 years, we have already served more than 1 million users on the platform. The total transactions value done from the platform is already more than 100 Crores. The name of our Co-founders Mr. Umesh Paliwal and Dinesh Gupta publish regularly in leading newspapers like MoneyControl, Business-Standard, ET etc for their views on IPO and Unlisted market. In the last 3 years, UnlistedZone has made a good name for itself in the industry and gained a trust of their users. So, the new investors should not be worried about any kind of fraud that is mostly happens with unkown brokers in the market while doing investment with UnlistedZone."
We at UnlistedZone do the valuation based on 2 methods.
As an investor in the unlisted space, we would always recommend that you must check all the risk parameter carefully before investing in the unlisted space.
We source shares either from the employees or initial investors looking to liquidate their Merino Industries Limited Unlisted Shares.
Pre-IPO shares means which are planning for an IPO in near future. So, all the shares which are traded on the platform are not Pre-IPO Shares. However, if the company's business is going good and then demand will always be there in the unlisted space, so even if the IPO does not come, the investors can easily liquidate their Merino Industries Limited Unlisted Shares in the unlisted market itself.
Rules and regulations of SEBI are applicable in the Unlisted space like lock-in period of 6 months, paying of Stamp Duty, and DP Charges for every transaction etc. However, to become an unlisted broker there is no such regulation by SEBI as of yet.
For tracking news and other information about Merino Industries Limited Unlisted Shares, one can visit our website wherein we post news and other information on daily basis and one can also join our telegram channel.
You must be logged in to post a comment.
amit
What is current price of this share
Market Wizard
1800 per shares.
SUBHAJIT BISWAS
Any deduction in Rates for 50 qty
Market Wizard
FY18-19 Cash Flow Analysis:
1. Total Cash and Cash Equivalent at the start of year= 9.56 Crores
2. Total Cash and Cash Equivalent at the end of year = 11.62 Crores
So, a total addition of Cash is = 11.62-9.56= 2.06 Crores.
let us see where this addition has come from;
1. Cash flow from Operation = 152.86 Crores
2. Cash Flow from Investment= -138.37 Crores
Mainly the company has done an investment of ~126 Crores in Plant, Property, and Equipment, due to which it has negative cash flow from the investment.
Free cash flow = Cash Flow from Operation- Capital Investment;
This parameter if positive shows the company is generating free cash flow from business which is a very good sign for an investor.
Fress Cash Flow = 152.86-126 = 26 Crores
3. Cash Flow from Financing = -12.42 Crores
They have repaid 14 Cr long term loans and 40 Cr short term loans. However, they have taken 70 Cr short term loans from the bank again. It has paid 4.15 Crores in the dividend.
So, total cash flow in the business is
=152.86-138.37-12.42= 2.06
Market Wizard
The Company has paid total Rs. 7 per share dividend in the last 2 years.