About MERINO PANEL PRODUCTS LTD
MERINO PANEL PRODUCTS LTD is a Public Limited Company and was incorporated on Aug 08, 1994 in India. It is registered at Registrar of Companies, ROC Kolkata I. Its registered address is 5, ALEXANDER COURT,60/1, CHOWRINGHEE ROAD, KOLKATA, West Bengal, India, 700020. Its corporate identification number is (CIN) U20299WB1994PLC064386 and its current status is Amalgamated. Its industry classification as per MCA is manufacture Of Other Wood Products N.E.C. (Including Wooden Tools, Handles, Etc. Ornaments And Household Products). It had a team size of 140 employees as on Apr 01, 2021.
MERINO PANEL PRODUCTS LTD's last Annual General Meeting (AGM) was held on Sep 30, 2020 as per records from Ministry of Corporate Affairs (MCA). MERINO PANEL PRODUCTS LTD's authorised share capital is ₹2.75Cr and its paid up capital is ₹2Cr. The current board of directors of MERINO PANEL PRODUCTS LTD comprises Rup Chand Lohia, Prakash Lohia and 10 more.
MERINO PANEL PRODUCTS LTD generated between ₹500 Cr and ₹1,000 Cr in revenue for the financial year ending on Mar 31, 2020.
Contact Details for MERINO PANEL PRODUCTS LTD
- *****@merinoindia.com
- Registered Address
- 5, ALEXANDER COURT,60/1, CHOWRINGHEE ROAD, KOLKATA, West Bengal, India, 700020
Principal Business Activity of MERINO PANEL PRODUCTS LTD
Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products | eoq |
Documents of MERINO PANEL PRODUCTS LTD15 mins
Filing Summary
Here is a summary of filing activity and document availability across financial years:
File Type | FY 19-20 | FY 18-19 | FY 17-18 | FY 16-17 | FY 15-16 |
|---|---|---|---|---|---|
Financial Statements | |||||
Annual Returns |
Latest Financials, Share Allotment and Annual Report
The latest filed financial documents, annual reports, and share allotment filings are shown below:
Recent Filings
Below are the most recent filings submitted by the company:
Document Name | Category | Filing Date |
|---|---|---|
Form INC-28 | Other eForm Documents | Mar 23, 2021 |
Copy of court order or NCLT or CLB or order by any other competent authority. | Other eForm Documents | Mar 23, 2021 |
Copy of court order or NCLT or CLB or order by any other competent authority. | Other eForm Documents | Feb 28, 2021 |
Copy of court order or NCLT or CLB or order by any other competent authority. | Other eForm Documents | Feb 28, 2021 |
Form INC-28 | Other eForm Documents | Feb 28, 2021 |
Form MGT-14 | Other eForm Documents | Dec 22, 2020 |
Copy(s) of resolution(s) along with copy of explanatory statement under section 173 | Other eForm Documents | Dec 22, 2020 |
Form PAS-6 | Other eForm Documents | Dec 18, 2020 |
XBRL financial statements duly authenticated as per section 134 (including Board's report,auditor's report and other documents) | Annual Returns and Balance Sheet eForms | Oct 27, 2020 |
Form AOC-4(XBRL) | Annual Returns and Balance Sheet eForms | Oct 27, 2020 |
Financials of MERINO PANEL PRODUCTS LTD15 mins
Financial Statement Summary
Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
Income Statement | |||||
Revenue | 5760 | 2138 | 6328 | 8543 | 4890 |
Total Sales | 7285 | 1320 | 3587 | 2638 | 9011 |
Total Expenses | 9498 | 2776 | 8273 | 4946 | 5866 |
Operating Expenses | 6606 | 3849 | 6605 | 9451 | 4766 |
Employee Expenses | 4168 | 4467 | 9468 | 4931 | 4297 |
Marketing Expenses | 7907 | 7250 | 1400 | 5301 | 2782 |
Operating Income (EBIT) | 1762 | 5183 | 8491 | 2198 | 4497 |
Interest Expenses | 5192 | 6309 | 5234 | 6999 | 3707 |
Expenses from other activities | 5108 | 1428 | 8282 | 9027 | 2702 |
EBITDA | 8271 | 2958 | 9514 | 8103 | 7817 |
Taxes | 5505 | 1782 | 6883 | 6126 | 1623 |
Net Profit | 4286 | 3847 | 1894 | 1038 | 7738 |
Balance Sheet | |||||
Assets | 9048 | 5020 | 8408 | 7065 | 4357 |
Cash Equivalent | 4451 | 6171 | 3690 | 3105 | 6192 |
Accounts Receivables | 8986 | 2314 | 5919 | 4926 | 5310 |
Inventory | 9334 | 1713 | 3391 | 7347 | 8991 |
Liabilities | 5102 | 9625 | 9976 | 6319 | 6181 |
Total Debt | 4544 | 9820 | 5081 | 4429 | 9626 |
Accounts Payable | 4062 | 2894 | 7053 | 6232 | 1548 |
Equities | 5860 | 4960 | 1781 | 4704 | 4896 |
Cashflow Statement | |||||
Cash from Operating activities | 7425 | 5831 | 1262 | 2430 | 2539 |
Cash from Investing activities | 5253 | 4607 | 1743 | 9052 | 4733 |
Net cash from Financing activities | 4693 | 4860 | 2305 | 9867 | 3599 |
Ratios
Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
Profitability Ratios | |||||
EBITDA Margin | 1073 | 2423 | 1468 | 1393 | 4384 |
EBIT Margin | 5335 | 8052 | 4308 | 6990 | 7444 |
Net Profit Margin | 8937 | 2916 | 8674 | 3469 | 4272 |
Return on Assets (ROA) | 6715 | 5660 | 6280 | 8605 | 1975 |
Return on Equity (ROE) | 2329 | 3391 | 5972 | 7913 | 3138 |
Return on Capital Employed | 9292 | 4081 | 7964 | 1340 | 4263 |
Return on Invested Capital | 4871 | 6605 | 9641 | 8198 | 2553 |
Efficiency Ratios | |||||
Asset Turnover | 3324 | 8881 | 8051 | 3624 | 8614 |
Receivables Turnover | 3780 | 8602 | 4258 | 3933 | 3194 |
Days Sales Outstanding | 3403 | 9982 | 1285 | 2165 | 8802 |
Inventory Turnover | 2211 | 3784 | 5770 | 7569 | 7953 |
Days Inventory Outstanding | 1986 | 9498 | 1915 | 8281 | 9777 |
Payables Turnover | 6221 | 7272 | 2412 | 3812 | 3149 |
Days Payables Outstanding | 4261 | 3539 | 6129 | 3684 | 8627 |
Liquidity Ratios | |||||
Current Ratio | 5457 | 8155 | 1165 | 2805 | 1120 |
Quick Ratio | 8069 | 4232 | 9675 | 6195 | 9690 |
Cash Ratio | 3306 | 9588 | 8830 | 3048 | 5105 |
Coverage Ratios | |||||
Cash Flow Coverage Ratio | 3950 | 8721 | 6362 | 4016 | 5430 |
Debt Ratios | |||||
Debt-to-Equity Ratio | 6201 | 2319 | 8198 | 2766 | 4455 |
Debt Ratio | 6450 | 6521 | 3067 | 2949 | 4147 |
Net Debt | 1454 | 8920 | 3552 | 1109 | 9314 |
Interest Coverage Ratio | 4786 | 7595 | 6450 | 9253 | 3004 |
Debt Service Coverage Ratio | 5798 | 5685 | 1712 | 2742 | 6369 |
Net Debt/EBITDA | 3622 | 2299 | 2621 | 2006 | 9093 |
Growth Ratios | |||||
Revenue Growth Rate (CAGR) | 1518 | 3335 | 7390 | 7424 | 9047 |
Earnings Growth Rate (CAGR) | 3140 | 5756 | 9766 | 1959 | 5952 |
Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)
Compounded Annual Growth Rate of MERINO PANEL PRODUCTS LTD
Revenue CAGR | Growth |
|---|---|
1 Year | -3% |
3 Year | 998 |
5 Year | 284 |
EBITDA CAGR | Growth |
|---|---|
1 Year | -5% |
3 Year | 383 |
5 Year | 508 |
MSME Payment Delays by MERINO PANEL PRODUCTS LTD
Loans and Charges on MERINO PANEL PRODUCTS LTD
As a Borrower
Loan/ Charge ID | Lender Name | Loan Amount | Status | Creation Date | Closure Date |
|---|---|---|---|---|---|
100351808 | ₹2.06Cr | zhqbumg | Mar 16, 2020 | iscjmro | |
100250056 | ₹15Cr | rjghrkz | Feb 26, 2019 | shypzui | |
100165492 | ₹21Cr | udwgijx | Feb 26, 2018 | nsysjgz | |
10516135 | - | ₹8.5Cr | ehzcpf{ | Aug 22, 2014 | khgkagr |
10515874 | - | ₹5Cr | sbduzis | Aug 22, 2014 | badopdz |
10502835 | ₹30Cr | gjrcqcu | May 19, 2014 | blw{vjb | |
10485030 | ₹2.76L | xyckdvx | Feb 22, 2014 | hlbczcv | |
10417980 | ₹97.7Cr | tnzsydc | Mar 26, 2013 | ioyiess | |
10414509 | ₹5Cr | mqbencv | Mar 04, 2013 | xhyfgnu | |
10398914 | ₹20.3L | xafamdw | Dec 26, 2012 | ouikugv | |
10372460 | ₹7Cr | wipjicd | Aug 24, 2012 | jlz{pqh | |
10374994 | ₹12.4L | zsdoihz | Aug 22, 2012 | uwkbjmf | |
10375233 | ₹32Cr | qreefmr | Aug 13, 2012 | fqzbabc | |
10321676 | ₹7.5Cr | nlhbclb | Nov 25, 2011 | ziqknrx | |
10290290 | ₹2.5Cr | wxanuj{ | May 21, 2011 | gtaqygr | |
10218136 | ₹16Cr | ejcniz{ | Apr 20, 2010 | fzdcsai | |
10130294 | ₹8Cr | lydjpge | Nov 26, 2008 | annjqng | |
10035441 | ₹25.5Cr | zyqkpvx | Dec 22, 2006 | kldtnzu | |
10015117 | ₹7.8L | xczpjyh | Jul 31, 2006 | zitfgyf | |
90247515 | ₹1.92L | vxopuxc | Mar 23, 2005 | zycihed |
GSTIN Details of MERINO PANEL PRODUCTS LTD
Board of Directors and Signatories of MERINO PANEL PRODUCTS LTD
Board of Directors of MERINO PANEL PRODUCTS LTD
Name | Designation | Status | Appointment Date | Duration |
|---|---|---|---|---|
Director | Current | Aug 08, 1994 | 32 Years 1 Month | |
Director | Current | Aug 08, 1994 | 32 Years 1 Month | |
Director | Current | Oct 01, 1998 | 27 Years 11 Months | |
Director | Current | Jan 01, 2004 | 22 Years 8 Months | |
Whole-time Director | Current | Aug 01, 2008 | 18 Years 1 Month | |
Whole-time Director | Current | Aug 01, 2008 | 18 Years 1 Month | |
Director | Current | Jul 31, 2014 | 12 Years 1 Month | |
Director | Current | Jul 31, 2014 | 12 Years 1 Month | |
Director | Current | Aug 31, 2016 | 10 Years 1 Month | |
Director | Current | Sep 14, 2018 | 8 Years | |
Director | Current | Sep 14, 2018 | 8 Years | |
Whole-time Director | Current | Apr 01, 2019 | 7 Years 5 Months |
Signatories of MERINO PANEL PRODUCTS LTD
Name | Designation(s) | Status | Appointment Date | Duration |
|---|---|---|---|---|
Director | Current | Aug 08, 1994 | 32 Years 1 Month | |
Director | Current | Aug 08, 1994 | 32 Years 1 Month | |
Director | Current | Oct 01, 1998 | 27 Years 11 Months | |
Director | Current | Jan 01, 2004 | 22 Years 8 Months | |
Whole-time Director | Current | Aug 01, 2008 | 18 Years 1 Month | |
Whole-time Director | Current | Aug 01, 2008 | 18 Years 1 Month | |
Director | Current | Jul 31, 2014 | 12 Years 1 Month | |
Director | Current | Jul 31, 2014 | 12 Years 1 Month | |
Director | Current | Aug 31, 2016 | 10 Years 1 Month | |
Director | Current | Sep 14, 2018 | 8 Years | |
Director | Current | Sep 14, 2018 | 8 Years | |
Whole-time Director | Current | Apr 01, 2019 | 7 Years 5 Months |
Cross Directorships of MERINO PANEL PRODUCTS LTD
Legal Entity Name | % of Common Directors | Common Director(s) | Open Charge(s) | Active Legal Case(s) |
|---|---|---|---|---|
MERINO INDUSTRIES LIMITED CIN: U51909WB1965PLC026556, India, Active | 677 | 420 | 765 | 723 |
MERINO PROPERTIES PRIVATE LIMITED CIN: U45400WB2019PTC229906, India, Active | 396 | 581 | 338 | 812 |
MERINO SERVICES LTD. CIN: U51109WB1993PLC058257, India, Amalgamated | 479 | 562 | 387 | 547 |
MERINO EXPORTS PVT LTD CIN: U70101WB1988PTC044285, India, Amalgamated | 972 | 633 | 363 | 773 |
KBGB AGRITECH PRIVATE LIMITED CIN: U63022WB1993PTC058460, India, Active | 731 | 777 | 150 | 990 |
PREMCHAND LOHIA AGRO LIMITED CIN: U46101DL2023PLC421929, India, Active | 494 | 258 | 565 | 813 |
MERINO CONSULTING SERVICES LIMITED CIN: U74999WB2019PLC230560, India, Active | 670 | 127 | 426 | 672 |
CLL AGRO LIMITED CIN: U01500DL2023PLC421937, India, Active | 744 | 330 | 823 | 554 |
Legal Cases involving MERINO PANEL PRODUCTS LTD
Employee Count of MERINO PANEL PRODUCTS LTD
Date | Employee Count |
|---|---|
Apr 21 | 140 |
Mar 21 | 951 |
Feb 21 | 481 |
Jan 21 | 826 |
Dec 20 | 334 |
Nov 20 | 400 |
Oct 20 | 413 |