Merino Industries Unlisted Share Price Today

About Company

Merino Industries is a leading Indian manufacturer of decorative laminates, engineered wood panels, and interior surfacing solutions, serving both domestic and international markets. The company operates across segments including high-pressure laminates (HPL), compact laminates, plywood, MDF, particle boards, and specialty panels, catering to residential, commercial, retail, hospitality, and institutional infrastructure projects. Its revenue mix is primarily driven by decorative laminates and panel products, with growing presence in value-added engineered wood solutions.

Merino follows a manufacturing-intensive, asset-driven operating model, with integrated production facilities across India. The company emphasizes product innovation, design leadership, export presence, and brand positioning within the organised wood panel industry. Performance is closely linked to capacity utilisation, raw material costs (wood, resin, chemicals), real estate cycles, and modular furniture demand, making operating leverage and asset efficiency critical to profitability.

Headquartered in New Delhi, India, Merino has a strong domestic distribution network supported by dealers and institutional relationships, along with exports to multiple international markets.