Meyer Apparel Ltd
₹ 1.77
4.73%
12 Dec
- close price
About
Incorporated in 1993, Meyer Apparel Ltd is engaged in the retailing of ready-made garments.[1]
Key Points
- Market Cap ₹ 14.2 Cr.
- Current Price ₹ 1.77
- 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 | 0.59 | |
| 20.24 | 22.76 | 27.41 | 22.23 | 15.87 | 10.43 | 10.43 | 4.12 | 6.06 | 8.36 | 6.32 | 2.31 | 1.50 | |
| 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 | -0.91 |
| 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% | -154.24% |
| 1.06 | 0.83 | -29.73 | 1.33 | 3.33 | 0.48 | -1.43 | 0.84 | 0.74 | 0.43 | 0.26 | 0.07 | 0.05 | |
| 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 | 0.01 |
| 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 | -0.87 |
| 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 | -0.88 | |
| 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 | -0.10 |
| 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: | -25% |
| 5 Years: | -26% |
| 3 Years: | -35% |
| TTM: | -82% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 13% |
| 3 Years: | 7% |
| TTM: | 32% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -7% |
| 5 Years: | 21% |
| 3 Years: | -1% |
| 1 Year: | -22% |
| 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
-
Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
29 Nov - Company Secretary Neeraj resigns effective close of business 29 November 2025.
-
Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
29 Nov - Company Secretary Neeraj resigns effective close of business 29 Nov 2025; KMP role vacated.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
7 Nov - Submission of Newspaper Publication - Unaudited Financial Results for quarter and half year ended 30th September 2025.
-
Appointment of Company Secretary and Compliance Officer
6 Nov - Appointment of Mr. Neeraj Hooda as Company Secretary & Compliance Officer effective 06 Nov 2025, ICSI A-75693.
- Intimation Of Unaudited Financial Results For The Quarter And Half-Year Ended September 30, 2025 6 Nov
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
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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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