Market cap
₹544 Cr
Revenue (TTM)
₹156 Cr
P/E Ratio
33.8
P/B Ratio
4.4
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -- | -- | 37.28 | 43.12 | -- |
| EBIT | -- | -- | 81.39 | 163.20 | -- |
| Net Profit | -- | -- | 85.96 | 237.44 | -- |
| EPS | -- | -- | 58.40 | 219.88 | -- |
| Book Value | -- | -- | 168.71 | 106.60 | -- |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | Mar-26 | Mar-25 | Mar-24 |
| EBIT-Margin
| 12.44 | -- | 17.16 | 12.99 | 7.19 |
| Net Margin
| 7.15 | -- | 10.31 | 7.59 | 3.55 |
| Return on equity
| 53.69 | -- | 46.03 | 69.21 | 45.82 |
| Return on Capital
| 40.93 | -- | 41.15 | 51.25 | 30.39 |
| Return on Assets
| 10.56 | -- | 14.09 | 12.14 | 5.44 |
| Debt to Equity (x)
| -- | -- | 0.81 | 1.10 | 1.93 |
Profitability
ROCE
41.15
Higher than Peers by 25.26
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Merritronix
|
41.15
|
51.25
|
30.39
|
9.42
|
--
|
|
Peer Median
|
15.89
|
17.73
|
18.06
|
13.47
|
--
|
ROE
46.03
Higher than Peers by 30.79
Profit after tax / Average Net worth * 100
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Merritronix
|
46.03
|
69.21
|
45.82
|
8.17
|
--
|
|
Peer Median
|
15.23
|
16.10
|
18.66
|
13.67
|
--
|
ROA
14.09
Higher than Peers by 6.29
Profit after tax / Average Total assets * 100
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Merritronix
|
14.09
|
12.14
|
5.44
|
0.96
|
--
|
|
Peer Median
|
7.80
|
7.50
|
7.38
|
5.11
|
--
|
EBIT Margin
17.16
Higher than Peers by 7.65
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Merritronix
|
17.16
|
12.99
|
7.19
|
2.76
|
--
|
|
Peer Median
|
9.50
|
9.36
|
11.25
|
8.03
|
--
|
Net Margin
10.31
Higher than Peers by 3.95
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Merritronix
|
10.31
|
7.59
|
3.55
|
0.78
|
--
|
|
Peer Median
|
6.36
|
4.98
|
5.48
|
4.28
|
--
|
Cash Profit Margin
10.63
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Merritronix
|
10.63
|
7.97
|
4.03
|
1.31
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
37.28
Lower than Peers by 4.68
Year on year growth in net sales
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Merritronix
|
37.28
|
32.51
|
61.17
|
--
|
--
|
|
Peer Median
|
41.95
|
27.07
|
31.05
|
28.90
|
--
|
EBIT Growth
81.39
Higher than Peers by 22.54
Year on year growth in operating profit (EBIT)
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Merritronix
|
81.39
|
139.36
|
319.93
|
--
|
--
|
|
Peer Median
|
58.85
|
37.51
|
33.13
|
22.96
|
--
|
Net Profit Growth
85.96
Higher than Peers by 18.87
Year on year growth in profit after tax
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Merritronix
|
85.96
|
183.89
|
627.82
|
--
|
--
|
|
Peer Median
|
67.08
|
23.32
|
72.80
|
81.22
|
--
|
EPS Growth
58.40
Lower than Peers by 7.21
Year on year growth in earnings per share
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Merritronix
|
58.40
|
183.89
|
627.82
|
--
|
--
|
|
Peer Median
|
65.61
|
14.52
|
--
|
136.36
|
--
|
Book Value Growth
215.47
--
Year on year growth in book value per share
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Merritronix
|
215.47
|
105.84
|
59.44
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.81
Higher than Peers by 0.58
Total debt / Net worth
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Merritronix
|
0.81
|
1.10
|
1.93
|
2.63
|
--
|
|
Peer Median
|
0.23
|
0.30
|
0.73
|
0.25
|
--
|
Short term debt to equity ratio
0.69
--
(Short term borrowings / Net worth)
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Merritronix
|
0.69
|
0.74
|
1.09
|
1.12
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.56
Lower than Peers by 0.23
Current Assets / Current Liabilities and Provisions
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Merritronix
|
1.56
|
1.35
|
1.11
|
1.17
|
--
|
|
Peer Median
|
1.79
|
2.06
|
1.53
|
1.66
|
--
|
Quick Ratio
0.81
Lower than Peers by 0.70
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Merritronix
|
0.81
|
0.59
|
0.49
|
0.86
|
--
|
|
Peer Median
|
1.51
|
1.42
|
2.11
|
1.20
|
--
|
Interest Coverage
6.64
Higher than Peers by 0.60
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Merritronix
|
6.64
|
5.39
|
2.97
|
1.49
|
--
|
|
Peer Median
|
6.04
|
5.76
|
6.31
|
3.68
|
--
|
Operating Efficiency
Debtors to sales
23.44
Lower than Peers by 6.10
Debtors outstanding / Net Sales * 100
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Merritronix
|
23.44
|
17.93
|
13.05
|
43.42
|
--
|
|
Peer Median
|
29.54
|
27.31
|
21.25
|
25.12
|
--
|
Asset Turnover
1.36
Higher than Peers by 0.31
Sales / Average Total Assets
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Merritronix
|
1.36
|
1.59
|
1.53
|
1.21
|
--
|
|
Peer Median
|
1.05
|
1.15
|
1.42
|
1.29
|
--
|
Receivable days
66.62
--
Average Debtors / Sales * 365
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Merritronix
|
66.62
|
50.70
|
73.00
|
158.50
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
129.94
--
Average Inventory / Sales * 365
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Merritronix
|
129.94
|
117.61
|
92.27
|
67.49
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
58.19
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Merritronix
|
58.19
|
106.32
|
146.28
|
159.46
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
138.36
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Merritronix
|
138.36
|
61.99
|
18.99
|
66.52
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
--
--
Current share price divided by earning per share in the last twelve months
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Merritronix
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
78.74
|
56.23
|
48.04
|
26.07
|
--
|
Price / Book Value
--
--
Current share price divided by book value per share in the latest financial year
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Merritronix
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
5.38
|
5.67
|
5.84
|
3.40
|
--
|
EV/EBITDA
1.10
Lower than Peers by 42.34
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Merritronix
|
1.10
|
1.13
|
1.94
|
6.67
|
--
|
|
Peer Median
|
43.44
|
41.96
|
32.86
|
20.88
|
--
|
Market Cap
--
--
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Merritronix
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
1,955
|
980
|
810
|
219
|
--
|