Merritronix Limited will participate in the Arihant Capital Bharat Connect Virtual Conference on Friday, September 25, 2026. The management team is scheduled to engage with investors and analysts during the event.

The virtual conference is set to begin at 2:00 pm. Merritronix disclosed the participation pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was issued on September 15, 2026.

Conference Details

The engagement will take place in a virtual format. It includes both group meetings and one-to-one sessions with fund houses and broking firms. The schedule remains subject to change due to exigencies on the part of the company or participants.

Disclosure Standards

Discussions during the conference will be based on generally available information. The company confirmed that no Unpublished Price Sensitive Information (UPSI) will be shared, adhering to its Code of Practices for Fair Disclosure. Mandava Swathi, Company Secretary and Compliance Officer, signed the regulatory filing.

Merritronix Limited reported a near doubling of its net profit for FY26, driven by robust demand in the defence and aerospace sectors. The electronics manufacturing services (EMS) provider posted a profit after tax (PAT) of ₹154.85 crore for the year ended March 31, 2026, up from ₹84.33 crore in the previous year.

Revenue from operations grew 37% year-on-year to ₹1,558.96 crore, reflecting higher volumes and an improving business mix. The company’s EBITDA margin expanded to 17.69% from 13.46% in FY25, underscoring improved operating leverage.

Financial Performance

The Hyderabad-based firm demonstrated strong top-line growth alongside significant bottom-line expansion. Total income reached ₹1,560.80 crore, while total expenses stood at ₹1,330.60 crore. The profit before tax (PBT) increased to ₹223.30 crore from ₹126.55 crore in FY25.

What the Numbers Show

The divergence between revenue growth (37%) and expense growth highlights the scalability of Merritronix’s model. While revenue surged, total expenses grew at a slower pace, allowing EBITDA to grow over 80%. This operational efficiency was further supported by a shift towards higher-value turnkey manufacturing solutions, which now form the bulk of its revenue stream compared to lower-margin job work.

Balance Sheet and Capital Structure

Merritronix strengthened its balance sheet during FY26 through a bonus issue and preferential allotments of equity shares. The company’s net worth increased significantly to ₹525.85 crore. Consequently, the debt-equity ratio improved to 0.82 times from 1.10 times in the previous year.

Short-term borrowings rose to ₹379.02 crore, primarily to fund working capital requirements including inventory and receivables, which expanded alongside sales. Cash and cash equivalents stood at ₹256.96 crore as of March 31, 2026.

Operational Highlights

Aerospace and defence continue to be the core revenue drivers, accounting for 97.81% of total revenue. The company maintained a repeat customer rate of 86.08%, indicating strong client retention among premier public sector undertakings like Bharat Electronics Limited (BEL) and Hindustan Aeronautics Limited (HAL).

As of June 30, 2026, the order book stood at ₹96.06 crore, providing visibility into future revenues. The company also commissioned a new Panasonic NPM D3A SMT line in January 2026 to enhance capacity for high-complexity assemblies.

Strategic Developments

Subsequent to the financial year-end, Merritronix completed its initial public offering and listed on the BSE SME Platform. The listing aims to strengthen the capital base for future capacity expansion and R&D-led capability building. Additionally, the company entered into exclusive manufacturing partnerships with Stuaam Technologies and Analogic Design Technologies to deepen its presence in defence communications and analog electronics.