Meera Industries Ltd

Meera Industries Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Meera Industries Ltd

₹ 70.4 -0.56%
15 Jul - close price
meeraind.com BSE: 540519
About

Incorporated in 2006, Meera Industries Ltd manufactures and sale of customized textile machinery, machinery parts and yarns

Key Points

Business Overview:[1][2]
Company deals in twisting, cabling, winding, and heat setting machines. It designs, develops, and sells machines to various processing and manufacturing units in textile industry. Company's Twisting Machines are used for manufacturing Carpets and Rugs, Threads and Twines, and Textile and Fabrics. Company also does twisting, processing and selling of yarns. Company has a wholly owned subsidiary in USA

Website BSE
  • Market Cap ₹ 75.2 Cr.
  • Current Price ₹ 70.4
  • High / Low ₹ 140 / 45.0
  • Stock P/E 19.3
  • Book Value ₹ 27.0
  • Dividend Yield 1.42 %
  • ROCE 15.0 %
  • ROE 14.2 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company is expected to give good quarter

Cons

  • Stock is trading at 2.61 times its book value
  • Company has a low return on equity of 4.37% over last 3 years.
  • Company might be capitalizing the interest cost
  • Debtor days have increased from 47.5 to 60.5 days.

* 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

Industrials Capital Goods Industrial Manufacturing Industrial Products

Edit Columns
Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
6.10 5.70 3.83 5.14 4.05 6.15 6.79 7.61 9.60 9.91 10.90 11.64 7.81
5.75 5.35 4.70 5.29 4.45 5.63 6.13 6.76 8.67 8.73 8.96 9.57 7.03
Operating Profit 0.35 0.35 -0.87 -0.15 -0.40 0.52 0.66 0.85 0.93 1.18 1.94 2.07 0.78
OPM % 5.74% 6.14% -22.72% -2.92% -9.88% 8.46% 9.72% 11.17% 9.69% 11.91% 17.80% 17.78% 9.99%
0.23 0.10 0.04 0.13 0.15 0.00 0.00 0.01 0.03 0.07 0.08 0.03 0.14
Interest 0.02 0.03 0.03 0.02 0.03 0.02 0.03 0.02 0.04 0.03 0.06 0.04 0.09
Depreciation 0.23 0.26 0.26 0.26 0.30 0.31 0.31 0.31 0.31 0.32 0.32 0.31 0.32
Profit before tax 0.33 0.16 -1.12 -0.30 -0.58 0.19 0.32 0.53 0.61 0.90 1.64 1.75 0.51
Tax % 51.52% 37.50% -9.82% 26.67% -5.17% 52.63% 3.12% 13.21% 0.00% 0.00% 21.34% 22.86% 29.41%
0.16 0.10 -1.01 -0.38 -0.55 0.09 0.31 0.46 0.60 0.90 1.29 1.34 0.36
EPS in Rs 0.15 0.09 -0.95 -0.36 -0.52 0.08 0.29 0.43 0.56 0.84 1.21 1.25 0.34
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
7.46 7.85 7.95 13.03 21.06 34.46 20.16 21.89 31.77 18.72 30.14 40.26
7.11 7.21 7.08 11.62 17.68 28.70 19.75 18.65 27.04 19.79 27.18 34.30
Operating Profit 0.35 0.64 0.87 1.41 3.38 5.76 0.41 3.24 4.73 -1.07 2.96 5.96
OPM % 4.69% 8.15% 10.94% 10.82% 16.05% 16.72% 2.03% 14.80% 14.89% -5.72% 9.82% 14.80%
0.06 0.16 0.12 0.34 0.45 0.81 0.84 0.37 0.42 0.41 0.04 0.32
Interest 0.06 0.03 0.03 0.03 0.04 0.08 0.04 0.03 0.22 0.10 0.11 0.22
Depreciation 0.16 0.31 0.32 0.25 0.30 0.37 0.42 0.68 1.01 1.09 1.24 1.27
Profit before tax 0.19 0.46 0.64 1.47 3.49 6.12 0.79 2.90 3.92 -1.85 1.65 4.79
Tax % 15.79% 50.00% 34.38% 27.21% 25.21% 26.63% 29.11% 26.55% 28.32% 0.00% 10.91% 19.00%
0.16 0.23 0.42 1.06 2.61 4.49 0.56 2.12 2.81 -1.84 1.47 3.89
EPS in Rs 0.59 0.85 1.56 1.56 2.78 4.78 0.52 1.99 2.63 -1.72 1.38 3.64
Dividend Payout % 0.00% 0.00% 0.00% 26.89% 33.13% 26.26% 190.71% 60.45% 0.00% 0.00% 0.00% 13.73%
Compounded Sales Growth
10 Years: 18%
5 Years: 15%
3 Years: 8%
TTM: 34%
Compounded Profit Growth
10 Years: 33%
5 Years: 50%
3 Years: 14%
TTM: 165%
Stock Price CAGR
10 Years: %
5 Years: 12%
3 Years: -4%
1 Year: 50%
Return on Equity
10 Years: 10%
5 Years: 6%
3 Years: 4%
Last Year: 14%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 1.11 1.11 1.11 2.85 3.93 3.93 10.68 10.68 10.68 10.68 10.68 10.68
Reserves 1.35 1.58 1.76 0.91 5.29 9.78 12.50 13.90 15.42 13.62 15.09 18.17
0.15 0.15 0.08 0.01 0.28 0.00 0.00 0.00 1.25 1.01 4.15 8.21
1.89 2.11 2.80 4.14 5.36 7.64 6.08 7.97 7.96 9.88 7.05 5.63
Total Liabilities 4.50 4.95 5.75 7.91 14.86 21.35 29.26 32.55 35.31 35.19 36.97 42.69
1.95 2.18 2.03 1.94 2.96 4.69 9.48 13.10 15.88 19.38 18.50 18.30
CWIP 0.21 0.00 0.00 0.00 0.11 0.00 0.17 0.57 2.90 0.02 0.37 7.32
Investments 0.00 0.00 1.12 0.25 0.82 0.65 0.71 0.69 0.39 0.15 0.15 0.16
2.34 2.77 2.60 5.72 10.97 16.01 18.90 18.19 16.14 15.64 17.95 16.91
Total Assets 4.50 4.95 5.75 7.91 14.86 21.35 29.26 32.55 35.31 35.19 36.97 42.69

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
0.44 1.44 1.65 0.23 -0.49 2.44 -5.63 7.41 2.58 1.39 -1.39 5.46
-0.28 -0.60 -0.74 -0.11 -1.83 -1.59 -5.33 -5.02 -2.45 -1.32 -0.69 -8.37
-0.10 -0.06 -0.08 0.25 3.21 -0.85 8.91 -0.74 -1.59 -0.33 3.06 3.11
Net Cash Flow 0.06 0.77 0.83 0.38 0.89 0.00 -2.05 1.65 -1.46 -0.26 0.98 0.20

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 55.29 42.31 31.22 27.73 62.91 35.17 35.85 66.86 44.00 51.86 30.15 60.47
Inventory Days 51.94 25.12 46.92 61.67 69.50 104.26 227.43 230.30 184.87 308.39 181.15 104.99
Days Payable 86.34 73.15 88.27 85.23 75.92 83.30 119.60 137.10 107.73 194.87 59.27 51.73
Cash Conversion Cycle 20.89 -5.71 -10.13 4.17 56.49 56.12 143.68 160.07 121.14 165.39 152.03 113.73
Working Capital Days 22.02 -10.23 -49.58 -13.73 42.81 46.08 120.94 117.89 91.11 99.05 115.89 86.85
ROCE % 9.73% 17.98% 23.49% 44.64% 52.30% 52.31% 4.12% 12.23% 14.94% -7.14% 6.37% 14.96%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
64.19% 64.19% 64.19% 64.19% 64.19% 64.19% 64.19% 64.19% 64.19% 64.19% 61.40% 61.40%
35.81% 35.81% 35.82% 35.81% 35.80% 35.80% 35.80% 35.81% 35.81% 35.82% 38.61% 38.60%
No. of Shareholders 2,7772,8913,1233,1723,2023,1643,1373,5683,6123,9374,9324,682

Documents

Announcements

Annual reports

DRHP