Meyer Apparel Ltd
₹ 2.10
5.00%
28 Mar
4:01 p.m.
About
Incorporated in 1993, Meyer Apparel Ltd manufactures men's ready-made garments for wholesale and retail markets.
Key Points
- Market Cap ₹ 16.9 Cr.
- Current Price ₹ 2.10
- High / Low ₹ 2.54 / 1.14
- Stock P/E
- Book Value ₹ -3.85
- 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 -10.7% 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.
Peer comparison
Sector: Readymade Garments/ Apparells Industry: Textiles - Products
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
18.89 | 16.66 | 20.57 | 22.61 | 27.70 | 20.28 | 11.09 | 8.59 | 5.42 | 2.61 | 4.30 | 6.30 | 4.80 | |
17.60 | 16.60 | 20.24 | 22.76 | 27.41 | 22.23 | 15.87 | 10.43 | 10.43 | 4.12 | 6.06 | 8.36 | 7.20 | |
Operating Profit | 1.29 | 0.06 | 0.33 | -0.15 | 0.29 | -1.95 | -4.78 | -1.84 | -5.01 | -1.51 | -1.76 | -2.06 | -2.40 |
OPM % | 6.83% | 0.36% | 1.60% | -0.66% | 1.05% | -9.62% | -43.10% | -21.42% | -92.44% | -57.85% | -40.93% | -32.70% | -50.00% |
0.15 | 1.17 | 1.06 | 0.83 | -29.73 | 1.33 | 3.33 | 0.48 | -1.43 | 0.84 | 0.74 | 0.43 | 0.29 | |
Interest | 0.21 | 0.26 | 0.40 | 0.47 | 0.21 | 0.14 | 0.18 | 0.12 | 0.27 | 0.20 | 0.02 | 0.04 | 0.05 |
Depreciation | 0.51 | 0.52 | 0.57 | 0.47 | 0.44 | 0.40 | 0.44 | 0.89 | 0.78 | 0.58 | 0.03 | 0.02 | 0.03 |
Profit before tax | 0.72 | 0.45 | 0.42 | -0.26 | -30.09 | -1.16 | -2.07 | -2.37 | -7.49 | -1.45 | -1.07 | -1.69 | -2.19 |
Tax % | 19.44% | 51.11% | 45.24% | 7.69% | -15.92% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
0.58 | 0.22 | 0.23 | -0.24 | -34.87 | -1.16 | -2.08 | -2.37 | -7.49 | -1.45 | -1.07 | -1.68 | -2.16 | |
EPS in Rs | 0.07 | 0.03 | 0.03 | -0.03 | -4.33 | -0.14 | -0.26 | -0.29 | -0.93 | -0.18 | -0.13 | -0.21 | -0.28 |
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: | -9% |
5 Years: | -11% |
3 Years: | 5% |
TTM: | -11% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 10% |
3 Years: | 19% |
TTM: | -38% |
Stock Price CAGR | |
---|---|
10 Years: | 2% |
5 Years: | -2% |
3 Years: | 49% |
1 Year: | 68% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | % |
Balance Sheet
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 4.77 | 4.98 | 5.22 | 1.84 | -33.03 | -36.61 | -38.48 | -40.84 | -49.87 | -51.40 | -52.46 | -54.15 | -55.25 |
3.00 | 3.76 | 4.38 | 1.45 | 0.49 | 0.54 | 0.35 | 0.14 | 2.32 | 0.00 | 0.00 | 0.00 | 0.00 | |
11.38 | 12.62 | 15.23 | 12.36 | 43.18 | 38.99 | 37.45 | 37.02 | 36.52 | 34.81 | 33.64 | 33.87 | 34.49 | |
Total Liabilities | 43.42 | 45.63 | 49.10 | 39.92 | 34.91 | 27.19 | 23.59 | 20.59 | 13.24 | 7.68 | 5.45 | 3.99 | 3.51 |
7.94 | 8.08 | 7.62 | 2.89 | 2.78 | 2.71 | 2.17 | 1.20 | 3.04 | 0.49 | 0.11 | 0.13 | 0.13 | |
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 | 9.87 | 9.87 | 11.70 | 5.30 | 5.30 | 5.30 | 1.65 | 1.25 | 0.62 | 0.00 | 0.00 |
25.61 | 27.68 | 31.61 | 27.16 | 20.43 | 19.18 | 16.12 | 14.09 | 8.55 | 5.94 | 4.72 | 3.86 | 3.38 | |
Total Assets | 43.42 | 45.63 | 49.10 | 39.92 | 34.91 | 27.19 | 23.59 | 20.59 | 13.24 | 7.68 | 5.45 | 3.99 | 3.51 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
3.79 | -0.90 | -0.35 | 3.62 | 1.40 | -6.20 | -2.52 | -0.93 | 0.93 | 0.48 | -2.33 | -0.58 | |
-2.99 | -0.71 | -0.20 | -0.49 | -2.22 | 5.62 | 3.87 | 0.20 | -0.13 | 1.02 | 1.30 | 0.59 | |
-0.76 | 1.91 | 0.58 | -2.96 | -0.94 | -0.10 | -0.37 | -0.20 | -0.74 | -0.64 | 0.00 | -0.01 | |
Net Cash Flow | 0.04 | 0.30 | 0.03 | 0.17 | -1.76 | -0.68 | 0.98 | -0.93 | 0.06 | 0.85 | -1.03 | -0.01 |
Ratios
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 65.31 | 73.18 | 100.61 | 117.52 | 101.99 | 143.80 | 147.12 | 108.35 | 47.14 | 2.80 | 61.97 | 12.17 |
Inventory Days | 98.19 | 208.49 | 191.91 | 172.67 | 165.54 | 214.18 | 258.05 | 514.85 | 288.38 | 669.50 | 362.69 | 257.65 |
Days Payable | 57.03 | 135.60 | 154.28 | 188.04 | 148.90 | 41.50 | 80.04 | 157.35 | 161.75 | 88.73 | 3.47 | 18.04 |
Cash Conversion Cycle | 106.47 | 146.06 | 138.24 | 102.15 | 118.64 | 316.49 | 325.13 | 465.86 | 173.77 | 583.57 | 421.19 | 251.78 |
Working Capital Days | 49.27 | 74.05 | 83.22 | 102.19 | -300.56 | -397.22 | -790.23 | -1,027.86 | -2,015.58 | -4,273.72 | -2,460.78 | -1,736.36 |
ROCE % | 2.90% | 2.18% | 2.45% | 0.68% | -0.21% |
Documents
Announcements
- Board Meeting Outcome for Outcome Of Independent Director Meeting Held On 21St March 2024 21 Mar
- Board Meeting Intimation for Independent Directors Meeting Scheduled To Be Held On Thursday 21St March 2024 13 Mar
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
9 Feb - Newspaper publication of un-audited financial results for the quarter and nine-months ended 31st December 2023.
- Announcement Under Regulation 30 Of The SEBI(LODR) Regulations, 2015-Cessation/Appointment . 8 Feb
- Intimation Of Unaudited Financial Results For The Quarter And Nine-Months Ended On 31St December, 2023 8 Feb
Annual reports
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Financial Year 2023
from bse
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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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Financial Year 2010
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Financial Year 2009
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Business Overview:[1]
Meyer Apparel Limited was set up with technical and financial collaboration with Marzotto Spa of Italy. Company supplies industrially manufactured classic men's wear, using equipment imported from Europe.