Merritronix Ltd (544773) — FY26 Annual Report | 7 September 2026

Merritronix Limited, an Indian electronics manufacturer specializing in high-reliability mission-critical systems for defence, aerospace and industrial sectors, reported FY2025-26 revenue of [amount not verified] (up 37% YoY), EBITDA of [amount not verified] and PAT of [amount not verified] (up 83% YoY). The company strengthened its capital base through bonus issues and preferential allotments, commissioned a new Panasonic SMT line, expanded capacity to 2.095 million units annually, and secured a ₹96.06 crore order book. It successfully listed on the BSE SME platform (symbol MRTX) in June 2026, enhancing governance and investor confidence. Key growth drivers include direct engagement with defence PSUs, R&D-led system capability expansion, and diversification into adjacent high-reliability platforms. The Board highlighted sustained 86.08% repeat customer rate, EN 9100:2018 certification, and structural tailwinds from India's EMS sector growth, PLI schemes and defence indigenisation. No dividend was recommended. Forward-looking statements were made regarding capacity expansion, R&D investments and geographic expansion, though actual results remain subject to risks including supply chain volatility and policy changes.