Meritronix H1 FY27 Revenue ₹106.37 Cr, Up 90.15%
Meritronix Ltd has released its Business Update for the half-year ended September 30, 2026. The company reported a revenue of ₹106.37 Cr, marking a significant year-on-year growth of 90.15%. Funds raised through the IPO are being deployed for capital expenditure, with installation expected by year-end. Merritronix has entered into MoUs with Analinear Design Technologies and Stuam Technologies to enhance its design and technology capabilities, aiming to strengthen its offerings and create future growth opportunities. The company is transitioning from an EMS supplier to a strategic partner within India's defence ecosystem, offering integrated capabilities from RF and analog design to precision manufacturing. Key approvals include BEL, HAL, and CERN (through TIFR), with an order book standing at ₹101.64 Cr.
Key Highlights
- H1 FY27 revenue reached ₹106.37 Cr, a 90.15% YoY increase.
- IPO proceeds are being utilized for CAPEX, with commissioning by end of CY2026.
- Strategic MoUs signed with Analinear and Stuam Technologies.
- Order book stands at ₹101.64 Cr.
- Company is evolving into a strategic partner for the defence ecosystem.
Price Impact
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