promoter.capital
The Only Tool Indian Promoters Need to Track the Metrics that Matter for Their Businesses
The panels below show a made-up family group, Meridian Group, as an example of a filled-in workspace.
Data Build
● 04:12 elapsedMERCAST · Meridian CastingsStep 5 of 7 · Extract
Reading FY24 balance sheet into MERCAST_Financials.xlsx · about 2 min left
| Year | Annual | Quarters | Transcripts | Audio | Excel |
|---|---|---|---|---|---|
| FY22 | ✓ | 4/4 | 4/4 | 3/4 | ✓ |
| FY23 | ✓ | 4/4 | 4/4 | 4/4 | ✓ |
| FY24 | ✓ | 4/4 | 4/4 | 4/4 | |
| FY25 | ✓ | 4/4 | 4/4 | 4/4 | — |
| FY26 | ✓ | 4/4 | 3/4 | 4/4 | — |
| 1H FY27 | — | 2/2 | 2/2 | 2/2 | — |
MERENG · Meridian EnginesReady · 6:48
MERAIR · Meridian AirReady · 5:31
MERHOLD · Meridian HoldingsQueued
Operating Cash Flow
Group · ₹ CrOperating cash flow after interest · 78% of EBITDA in FY26
What Analysts Ask About
last 4 callsCapacity expansion34%
Margins22%
Exports18%
Working capital14%
Capital allocation12%
Share of analyst questions by topic · rising: exports, up from 9% a year ago
Ask Promoter
Meridian GroupAsha 9:41
Which group company grew its dividend fastest since FY23?
Which group company grew its dividend fastest since FY23?
promoter 9:41
Meridian Air, up 86% over three years:
Meridian Air, up 86% over three years:
Meridian Air+86%
Meridian Engines+38%
Meridian Castings+21%
Dividends paid, FY23 to FY26 · from the annual reports
MERAIR_FY26_Annual_Report.pdf+2 sources
Promises vs Delivery
from conference calls“We will be net-debt free by the end of FY25.”
MD, Meridian Engines · Q3 FY23 call
100%
Net cash ₹140 Cr at Mar-25 · achieved 9 quarters later
“Castings capacity reaches 1.0 MTPA by FY26.”
CEO, Meridian Castings · Q2 FY24 call
86%
0.86 MTPA commissioned by Mar-26 · 8 quarters later
“Exports will be a quarter of revenue in three years.”
CFO, Meridian Air · Q1 FY24 call
76%
Exports 19% of FY26 revenue · 11 quarters later
Each promise is matched to later results automatically
Sum of the Parts
₹ Cr · 30-Sep-26Meridian Engines (consolidated)18,420
Meridian Castings6,240
Less: Meridian Finance (lender inside A)(2,150)
Group equity value, ex-lenders22,510
A + B − C = D · Meridian Finance is a subsidiary of Meridian Engines, so its value sits inside A; lenders removed
EBITDA Margin
GroupUp 2.9 points in four years
Equity Value
₹ Cr · 30-Sep-26Meridian Engines18,420
Meridian Castings6,240
Meridian Air3,910
Meridian Holdings2,860
Dividends Paid
Group · ₹ CrPayout 31% of net profit in FY26
EV / EBITDA vs Peers
FY27EOrion Power24.5x
Vector Engines21.8x
Cobalt Motors19.9x
Meridian Engines18.4x
Median of Comparables21.8x
Holding Structure
4 listed · 1 privateFounding Families
Meridian Holdings 52.0%
Meridian Castings 44.0%
Shareholder Cost Basis
top 20In profitUnder water
Mutual Fund A2.4xInsurer B1.8xForeign Fund C0.9x
Everything a promoter family tracks.
Built from your group’s own filings, automatically.
The GroupPublic MarketsCompetitorsPeopleInvestors
Step 1
Name Your Group
Add the promoter, then your companies one by one. Listed, private or lender.
Step 2
We Build the Data
Five years of annual reports, half-years, shareholding, transcripts and call recordings, checked and filed.
Step 3
See What Matters
Holding structure, equity value, peers, investors and cost basis, plus a ready deck every half-year.