Meyer Apparel Ltd
₹ 1.90
-4.52%
23 Jan
- close price
About
Incorporated in 1993, Meyer Apparel Ltd is engaged in the retailing of ready-made garments.[1]
Key Points
- Market Cap ₹ 15.3 Cr.
- Current Price ₹ 1.90
- High / Low ₹ 3.49 / 1.04
- Stock P/E
- Book Value ₹ -4.12
- Dividend Yield 0.00 %
- ROCE %
- ROE %
- Face Value ₹ 3.00
Pros
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -26.0% over past five years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 20.57 | 22.61 | 27.70 | 20.28 | 11.09 | 8.59 | 5.42 | 2.61 | 4.30 | 6.30 | 4.28 | 1.20 | 0.34 | |
| 20.24 | 22.76 | 27.41 | 22.23 | 15.87 | 10.43 | 10.43 | 4.12 | 6.06 | 8.36 | 6.32 | 2.31 | 1.12 | |
| Operating Profit | 0.33 | -0.15 | 0.29 | -1.95 | -4.78 | -1.84 | -5.01 | -1.51 | -1.76 | -2.06 | -2.04 | -1.11 | -0.78 |
| OPM % | 1.60% | -0.66% | 1.05% | -9.62% | -43.10% | -21.42% | -92.44% | -57.85% | -40.93% | -32.70% | -47.66% | -92.50% | -229.41% |
| 1.06 | 0.83 | -29.73 | 1.33 | 3.33 | 0.48 | -1.43 | 0.84 | 0.74 | 0.43 | 0.26 | 0.07 | 0.04 | |
| Interest | 0.40 | 0.47 | 0.21 | 0.14 | 0.18 | 0.12 | 0.27 | 0.20 | 0.02 | 0.04 | 0.03 | 0.01 | 0.03 |
| Depreciation | 0.57 | 0.47 | 0.44 | 0.40 | 0.44 | 0.89 | 0.78 | 0.58 | 0.03 | 0.02 | 0.02 | 0.02 | 0.00 |
| Profit before tax | 0.42 | -0.26 | -30.09 | -1.16 | -2.07 | -2.37 | -7.49 | -1.45 | -1.07 | -1.69 | -1.83 | -1.07 | -0.77 |
| Tax % | 45.24% | -7.69% | 15.92% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
| 0.23 | -0.24 | -34.87 | -1.16 | -2.08 | -2.37 | -7.49 | -1.45 | -1.07 | -1.68 | -1.83 | -1.07 | -0.78 | |
| EPS in Rs | 0.03 | -0.03 | -4.33 | -0.14 | -0.26 | -0.29 | -0.93 | -0.18 | -0.13 | -0.21 | -0.23 | -0.13 | -0.09 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -25% |
| 5 Years: | -26% |
| 3 Years: | -35% |
| TTM: | -86% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 13% |
| 3 Years: | 7% |
| TTM: | 35% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -7% |
| 5 Years: | 24% |
| 3 Years: | 9% |
| 1 Year: | 15% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | % |
Balance Sheet
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 24.27 | 24.27 | 24.27 | 24.27 | 24.27 | 24.27 | 24.27 | 24.27 | 24.27 | 24.27 | 24.27 | 24.27 | 24.27 |
| Reserves | 5.22 | 1.84 | -33.03 | -36.61 | -38.48 | -40.84 | -49.87 | -51.40 | -52.46 | -54.15 | -55.98 | -57.05 | -57.42 |
| 4.38 | 1.45 | 0.49 | 0.54 | 0.35 | 0.14 | 2.32 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.23 | |
| 15.23 | 12.36 | 43.18 | 38.99 | 37.45 | 37.02 | 36.52 | 34.81 | 33.64 | 33.87 | 33.52 | 33.43 | 33.63 | |
| Total Liabilities | 49.10 | 39.92 | 34.91 | 27.19 | 23.59 | 20.59 | 13.24 | 7.68 | 5.45 | 3.99 | 1.81 | 0.65 | 0.71 |
| 7.62 | 2.89 | 2.78 | 2.71 | 2.17 | 1.20 | 3.04 | 0.49 | 0.11 | 0.13 | 0.12 | 0.06 | 0.04 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 9.87 | 9.87 | 11.70 | 5.30 | 5.30 | 5.30 | 1.65 | 1.25 | 0.62 | 0.00 | 0.00 | 0.00 | 0.00 |
| 31.61 | 27.16 | 20.43 | 19.18 | 16.12 | 14.09 | 8.55 | 5.94 | 4.72 | 3.86 | 1.69 | 0.59 | 0.67 | |
| Total Assets | 49.10 | 39.92 | 34.91 | 27.19 | 23.59 | 20.59 | 13.24 | 7.68 | 5.45 | 3.99 | 1.81 | 0.65 | 0.71 |
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -0.35 | 3.62 | 1.40 | -6.20 | -2.52 | -0.93 | 0.93 | 0.48 | -2.33 | -0.83 | 0.01 | -0.01 | |
| -0.20 | -0.49 | -2.22 | 5.62 | 3.87 | 0.20 | -0.13 | 1.02 | 1.30 | 0.84 | -0.01 | 0.02 | |
| 0.58 | -2.96 | -0.94 | -0.10 | -0.37 | -0.20 | -0.74 | -0.64 | 0.00 | -0.01 | -0.01 | -0.01 | |
| Net Cash Flow | 0.03 | 0.17 | -1.76 | -0.68 | 0.98 | -0.93 | 0.06 | 0.85 | -1.03 | -0.01 | -0.02 | 0.00 |
Ratios
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 100.61 | 117.52 | 101.99 | 143.80 | 147.12 | 108.35 | 47.14 | 2.80 | 61.97 | 12.17 | 2.56 | 3.04 |
| Inventory Days | 191.91 | 172.67 | 165.54 | 214.18 | 258.05 | 514.85 | 288.38 | 669.50 | 362.69 | 257.65 | 125.71 | 23.66 |
| Days Payable | 154.28 | 188.04 | 148.90 | 41.50 | 80.04 | 157.35 | 161.75 | 88.73 | 3.47 | 18.04 | 0.00 | 0.00 |
| Cash Conversion Cycle | 138.24 | 102.15 | 118.64 | 316.49 | 325.13 | 465.86 | 173.77 | 583.57 | 421.19 | 251.78 | 128.27 | 26.70 |
| Working Capital Days | 11.36 | 84.27 | -300.56 | -397.22 | -790.23 | -1,027.86 | -2,072.82 | -4,273.72 | -2,460.78 | -1,736.36 | -2,712.77 | -9,982.75 |
| ROCE % | 2.45% | 0.68% | -0.21% |
Documents
Announcements
-
Disclosures Under Reg. 10(5) In Respect Of Acquisition Under Reg. 10(1)(A) Of SEBI (SAST) Regulations, 2011
21 Jan - Acquirer to acquire 88,89,000 shares (11.04%) from TIL at Rs.2.21, effective on/after Jan 28, 2026.
- Disclosures under Reg. 10(5) in respect of acquisition under Reg. 10(1)(a) of SEBI (SAST) Regulations, 2011 21 Jan
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
18 Jan - Newspaper publication of unaudited financial result for the Quarter and Nine months ended 31st December, 2025
-
Appointment of Company Secretary and Compliance Officer
17 Jan - Anjali Tiwari appointed Company Secretary & Compliance Officer effective 17 Jan 2026; ICSI Mem. A71283.
- Submission Of Unaudited Financials Results Of Quarterly And Nine Months Ended As On 31St December, 2025 17 Jan
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
from bse
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Financial Year 2011
from bse
Business Overview:[1][2]
MAL is promoted by KBSH Group, Haryana, and the Singapore-based Thakral Group of Companies, for the wholesaling and retailing of Men’s suits and Trousers, and manufacturing through contractors. Currently, it is actively exploring new avenues and strategies, and is expanding its presence in the online retail space