Meyer Apparel Ltd
₹ 2.02
4.66%
09 Jun
- close price
About
Incorporated in 1993, Meyer Apparel Ltd is engaged in the retailing of ready-made garments.[1]
Key Points
- Market Cap ₹ 16.3 Cr.
- Current Price ₹ 2.02
- High / Low ₹ 3.49 / 1.51
- Stock P/E
- Book Value ₹ -4.17
- 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 -49.0% 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 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 22.61 | 27.70 | 20.28 | 11.09 | 8.59 | 5.42 | 2.61 | 4.30 | 6.30 | 4.28 | 1.20 | 0.09 | |
| 22.76 | 27.41 | 22.23 | 15.87 | 10.43 | 10.43 | 4.12 | 6.06 | 8.36 | 6.32 | 2.31 | 0.82 | |
| Operating Profit | -0.15 | 0.29 | -1.95 | -4.78 | -1.84 | -5.01 | -1.51 | -1.76 | -2.06 | -2.04 | -1.11 | -0.73 |
| OPM % | -0.66% | 1.05% | -9.62% | -43.10% | -21.42% | -92.44% | -57.85% | -40.93% | -32.70% | -47.66% | -92.50% | -811.11% |
| 0.83 | -29.73 | 1.33 | 3.33 | 0.48 | -1.43 | 0.84 | 0.74 | 0.43 | 0.26 | 0.07 | 0.00 | |
| Interest | 0.47 | 0.21 | 0.14 | 0.18 | 0.12 | 0.27 | 0.20 | 0.02 | 0.04 | 0.03 | 0.01 | 0.05 |
| Depreciation | 0.47 | 0.44 | 0.40 | 0.44 | 0.89 | 0.78 | 0.58 | 0.03 | 0.02 | 0.02 | 0.02 | 0.01 |
| Profit before tax | -0.26 | -30.09 | -1.16 | -2.07 | -2.37 | -7.49 | -1.45 | -1.07 | -1.69 | -1.83 | -1.07 | -0.79 |
| Tax % | -7.69% | 15.92% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| -0.24 | -34.87 | -1.16 | -2.08 | -2.37 | -7.49 | -1.45 | -1.07 | -1.68 | -1.83 | -1.07 | -0.79 | |
| EPS in Rs | -0.03 | -4.33 | -0.14 | -0.26 | -0.29 | -0.93 | -0.18 | -0.13 | -0.21 | -0.23 | -0.13 | -0.10 |
| 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: | -44% |
| 5 Years: | -49% |
| 3 Years: | -76% |
| TTM: | -93% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 9% |
| 3 Years: | 17% |
| TTM: | 25% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -1% |
| 5 Years: | 6% |
| 3 Years: | 5% |
| 1 Year: | 0% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | % |
Balance Sheet
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Reserves | 1.84 | -33.03 | -36.61 | -38.48 | -40.84 | -49.87 | -51.40 | -52.46 | -54.15 | -55.98 | -57.05 | -57.83 |
| 1.45 | 0.49 | 0.54 | 0.35 | 0.14 | 2.32 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.68 | |
| 12.36 | 43.18 | 38.99 | 37.45 | 37.02 | 36.52 | 34.81 | 33.64 | 33.87 | 33.52 | 33.43 | 33.59 | |
| Total Liabilities | 39.92 | 34.91 | 27.19 | 23.59 | 20.59 | 13.24 | 7.68 | 5.45 | 3.99 | 1.81 | 0.65 | 0.71 |
| 2.89 | 2.78 | 2.71 | 2.17 | 1.20 | 3.04 | 0.49 | 0.11 | 0.13 | 0.12 | 0.06 | 0.03 | |
| 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 |
| Investments | 9.87 | 11.70 | 5.30 | 5.30 | 5.30 | 1.65 | 1.25 | 0.62 | 0.00 | 0.00 | 0.00 | 0.00 |
| 27.16 | 20.43 | 19.18 | 16.12 | 14.09 | 8.55 | 5.94 | 4.72 | 3.86 | 1.69 | 0.59 | 0.68 | |
| Total Assets | 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 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3.62 | 1.40 | -6.20 | -2.52 | -0.93 | 0.93 | 0.48 | -2.33 | -0.83 | 0.01 | -0.01 | -0.65 | |
| -0.49 | -2.22 | 5.62 | 3.87 | 0.20 | -0.13 | 1.02 | 1.30 | 0.84 | -0.01 | 0.02 | 0.01 | |
| -2.96 | -0.94 | -0.10 | -0.37 | -0.20 | -0.74 | -0.64 | 0.00 | -0.01 | -0.01 | -0.01 | 0.64 | |
| Net Cash Flow | 0.17 | -1.76 | -0.68 | 0.98 | -0.93 | 0.06 | 0.85 | -1.03 | -0.01 | -0.02 | 0.00 | 0.00 |
| Free Cash Flow | 3.34 | 0.94 | -4.53 | 1.12 | -0.93 | 0.80 | 0.69 | -1.65 | -0.86 | 0.00 | 0.01 | -0.64 |
| CFO/OP | -2,413% | 483% | 318% | 53% | 43% | -14% | -14% | 135% | 41% | -1% | 2% | 88% |
Ratios
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 117.52 | 101.99 | 143.80 | 147.12 | 108.35 | 47.14 | 2.80 | 61.97 | 12.17 | 2.56 | 3.04 | 0.00 |
| Inventory Days | 172.67 | 165.54 | 214.18 | 258.05 | 514.85 | 288.38 | 669.50 | 362.69 | 257.65 | 125.71 | 23.66 | 547.50 |
| Days Payable | 188.04 | 148.90 | 41.50 | 80.04 | 157.35 | 161.75 | 88.73 | 3.47 | 18.04 | 0.00 | 0.00 | 866.87 |
| Cash Conversion Cycle | 102.15 | 118.64 | 316.49 | 325.13 | 465.86 | 173.77 | 583.57 | 421.19 | 251.78 | 128.27 | 26.70 | -319.38 |
| Working Capital Days | 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 | -136,307.22 |
| ROCE % | 0.68% | -0.21% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Strength Number of employees |
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Documents
Announcements
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Compliances-Reg.24(A)-Annual Secretarial Compliance
28 May - Annual secretarial compliance report for FY2026 notes ₹10,000 fine for related-party disclosure lapse.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
19 May - Newspaper publication of Audited Financial Results for the quarter and year ended on 31st March, 2026 publised in newspaper dated 19th May, 2026.
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Submission Of The Audited Financial Results For The Year Ended On 31St March, 2026
17 May - Board approved audited FY2026 results; loss ₹78.80 lakh, auditors issued unmodified opinion.
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Board Meeting Outcome for Outcome Of The Board Meeting Held On Sunday 17Th May, 2026 To Consider And Approve The Audited Financials For The Quarter And Year Ended On 31St March, 2026
17 May - Board approved audited FY26 results, raised borrowing limit to Rs. 2.75 crore, and approved promoter/director loans.
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Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015
14 May - Meyer Apparel settled decade-old litigations; impact will reflect in June 2026 quarter results.
Annual reports
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Financial Year 2025
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Financial Year 2024
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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
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Financial Year 2011
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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