Merritronix Ltd. · BSE:MRTX
Merritronix — Investor Presentation (July 2026)
32 slides from Merritronix's investor presentation, Jul 18, 2026
Slide 1: M Swathi
Digitally signed by M M Swathi Swathi Date: 2026.07.18 17:41:46 +05'30'
Slide 2: Merritronix Limited Investor Presentation
MERRITRONIX LIMITED High-Reliability Defence Electronics Manufacturing Partner INVESTOR PRESENTATION
Slide 3: Disclaimer
DISCLAIMER This presentation and the accompanying slides (the “Presentation”), which have been prepared by Merritronix Limited , solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities and shall not form the basis or b
Slide 4: Company Overview
COMPANY OVERVIEW [oM fot ery [ent (ta: at |
Slide 5: About Merritronix Limited
ABOUT MERRITRONIX LIMITED Merritronix Limited is a business - to- business Electronics Systems Design and Manufacturing (ESDM) services provider, specializing in high - reliability, mission - critical electronic assemblies and systems for defence , aerospace, telecommunications, and specialized indu
Slide 6: Key Revenue Drivers
KEY REVENUE DRIVERS TURNKEY MANUFACTURING JOB WORK The Company provides end - to - end execution of electronic products, Customers provide designs and materials, while the Company undertakes covering design support, component sourcing, PCB assembly, system PCB assembly, soldering, testing and sub -
Slide 7: 37+ Years of Growth and Excellence
37+ YEARS OF GROWTH AND EXCELLENCE Awarded for Excellence in • Electronics component Electronics Manufacturing supply & obsolescence by the U.S. – India SME management Council at Indosoft . • Registered vendor for Incorporated as Expanded into defence CERN via TIFR Successfully Listed on Merritronix
Slide 8: Business Overview
BUSINESS OVERVIEW
Slide 9: Revenue Bifurcation: Product Wise
REVENUE BIFURCATION ₹ in Lakhs Product Wise ₹ 118.98 ₹ 99.55 ₹ 224.60 ₹ 230.75 ₹ 1,018.02 ₹ 830.64 ₹ 329.51 Non - government customers contribute ~92% of revenues (FY2026), ₹ 916.52 ₹ 1,092.33 indicating limited dependence on government entities. Approved supplier for premier PSUs : Bharat Electroni
Slide 10: Revenue Bifurcation: Industry Wise
REVENUE BIFURCATION ₹ in Lakhs Industry Wise ₹ 24.99 ₹ 0.01 ₹ 4.47 ₹ 312.55 ₹ 272.44 ₹ 358.06 ₹ 772.98 Long - standing direct engagement with Defence PSUs, alongside sustained ₹ 1.41 ₹ 258.36 ₹ 1,083.10 aerospace deliveries to Honeywell Aerospace and exports to Europe since 2008 ₹ 2.24 ₹ 247.58 Aero
Slide 11: Capacity Utilization
CAPACITY UTILIZATION Capacity Utilisation Trends Across Manufacturing Lines INSTALLED CAPACITY 98.93% 99.00% SMD SECTION: TMD Section Box Build: 95.00% 94.00% 10.75 lakh 6.00 Lakh 4.20 Lakh (FY26*) (FY26*) (FY26*) 90.00% 90.00% 89.41% 84.71% 82.94% Peak up to 99% New SMT line Utilisation (TMD Sectio
Slide 12: Revenue by Geography
REVENUE BY GEOGRAPHY ₹ in Lakhs FY 2026 FY 2025 FY 2024 Locations In % of Revenue from In % of Revenue from In % of Revenue from Amount Amount Amount Operations Operations Operations Domestic Revenue Andhra Pradesh ₹ 6.52 0.04% ₹ 59.42 0.52% ₹ 382.7 4.47% Delhi - - - - ₹ 25.74 0.30% Haryana ₹ 107.75
Slide 13: Recent Business Update
RECENT BUSINESS UPDATE Partnership with Analinear Design Exclusive Manufacturing Partnership Technologies - June 2026 with Stuam Technologies – June 2026 • Signed an MoU with Analinear Design Technologies Pvt . • Entered into an Exclusive Manufacturing Partnership Ltd . as its Preferred Manufacturin
Slide 14: Management Overview
MANAGEMENT OVERVIEW
Slide 15: Leadership Team
LEADERSHIP TEAM Mr. Dovari Amarnath Mr. Dovari Yesudas Mr. Darsy Kethan Chandra Managing Director Chairperson and Executive Director Executive Director and Chief Financial Officer He holds a Bachelor’s degree in Computer Completed matriculation from Osmania He holds a B.Tech in Electronics & Science
Slide 16: Leadership Team
LEADERSHIP TEAM Mr. Dovari Thaman Ms. Vanaja. D Promoter of the Company and is actively involved in its operations. He Promoter of the Company , she holds qualifications in Home holds a Bachelor’s degree in Electrical and Electronics Engineering Science, Law (LL.B., provisional LL.M.), and Managemen
Slide 17: Industry Overview
INDUSTRY OVERVIEW
Slide 18: India EMS Industry Benefiting from Structural Manufacturing Shift
INDIA EMS INDUSTRY BENEFITING FROM STRUCTURAL MANUFACTURING SHIFT Market Size (US$ Billion) CAGR - EMS Market India's Electronics Manufacturing Services (EMS) industry is undergoing a structural transformation, 62.07 supported by favourable government policies, global supply chain diversification an
Slide 19: High-Reliability and Value-Added EMS Services Are Driving Industry Growth
HIGH - RELIABILITY AND VALUE - ADDED EMS SERVICES ARE DRIVING INDUSTRY GROWTH High - growth end markets Aerospace Medical industrial Telecom/5G IoT & Advanced & Defence Electronics Automation Electronics. Increasing product complexity, stringent quality standards and longer product lifecycles are dr
Slide 20: Core Strengths
CORE STRENGTHS
Slide 21: Established Track Record in Mission-Critical Defence & Aerospace Programs
ESTABLISHED TRACK RECORD IN MISSION - CRITICAL DEFENCE & AEROSPACE PROGRAMS Successfully executed complex defence and aerospace programmes , including: • Infrared seeker assemblies for missile systems • Electronic assemblies for airborne radar systems (ARS) • Digital video recording systems (DVRS) f
Slide 22: Strong Capabilities in Obsolescence Management & Lifecycle Extension
STRONG CAPABILITIES IN OBSOLESCENCE MANAGEMENT & LIFECYCLE EXTENSION Specialized expertise in obsolescence management of legacy electronic systems Reverse Form - Fit - Function Alternate component Selective system engineering (FFF) replacements qualification redesign LIFECYCLE EXTENSION ADVANTAGE •
Slide 23: Modern SMT Infrastructure & IPC Class 3 Assembly Capability
MODERN SMT INFRASTRUCTURE & IPC CLASS 3 ASSEMBLY CAPABILITY 01 Advanced SMT and THT assembly lines supporting high - density, high - complexity electronic assemblies 02 Automated inspection and testing (AOI, X - ray, functional testing) ensuring consistency, reliability and low defect rates 03 Capab
Slide 24: The Path Ahead
THE PATH AHEAD
Slide 25: Key Strategic Growth Levers
KEY STRATEGIC GROWTH LEVERS Enhancing Capacity & Operational Efficiency • Targeted automation and process improvements to enhance execution speed and resource efficiency • Invested in new - gen SMT equipment during FY25 - 26, including the Panasonic NPM D3A pick - and - place line commissioned in Ja
Slide 26: Financial Overview
FINANCIAL OVERVIEW
Slide 27: Key Financial Highlights
KEY FINANCIAL HIGHLIGHTS (In ₹ Lakhs) (In ₹ Lakhs) (In %) Revenue from Operations EBITDA PAT EBITDA Margin PAT Margin 15,589.56 2,721.68 20.00% 17.42% 18.00% 11,356.38 16.00% 13.31% 14.00% 8,569.91 1,610.30 1,518.11 12.00% 10.00% 7.82% 10.33% 8.00% 865.95 7.63% 672.64 6.00% 4.00% 305.03 3.56% 2.00%
Slide 28: Key Ratios
KEY RATIOS (In Times) ROE (In %) ROCE (In %) Debt to Equity 66.21% 69.21% 1.93 43.13% 45.26% 44.22% 46.03% 1.10 0.81 FY24 FY25 FY26 FY24 FY25 FY26 FY24 FY25 FY26 Current Ratio (In Times) Net Asset Value Per Share (Post bonus and (In ₹) Basic and Diluted Earnings per Share (EPS) - (Post (In ₹) subdiv
Slide 29: Profit & Loss Statement
PROFIT & LOSS STATEMENT In ₹ Lakhs Particulars FY26 FY25 FY24 Revenue from operations 15,589.56 11,356.38 8,569.91 Other Income 35.27 47.62 31.42 Total Income 15,624.83 11,404.00 8,601.33 Raw Materials 12,257.77 9,268.29 7,491.39 Employee benefits expense 234.47 170.51 172.08 Other expenses 375.27 4
Slide 30: Balance Sheet
BALANCE SHEET In ₹ Lakhs Equity & Liabilities FY26 FY25 FY24 Assets FY26 FY25 FY24 Share Capital 1,278.49 145.20 145.20 NON CURRENT ASSETS Reserves & Surplus 4,034.47 1,538.95 673.00 Fixed assets 592.45 373.83 409.31 Net Worth 5,312.96 1,684.15 818.20 Capital work in progress NON CURRENT LIABILITIES
Slide 31: Stock Data
STOCK DATA As on 30 - 06 - 2026 Shareholding Pattern BSE: MRTX I INE1RQS01010 As of 14- 07 - 2026 Share Price ₹ ( Closing Price ) 380.04 Market Capitalization ( ₹ Cr) 664.51 37.72 No. of Shares Outstanding 1,74,84,854 62.28 Face Value ( ₹) 10 52- week High - Low (INR) 483.90 – 283.10 Promoter and Pr
Slide 32: Thank You
THANK YOU MERRITRONIX LIMITED C-22, Electronic Complex, Kushaiguda, Hyderabad,Telangana, India, 500062 Phone: +91 8297912056 Email: [email protected] Website: www.merritronix.com IR & PR Partner EQUIBRIDGEX ADVISORS PRIVATE LIMITED 52 Shivji Market, Plot 8&9, Sector 19D, Vashi, Navi Mumbai - 400703