Meera Industries Ltd
Incorporated in 2006, Meera Industries Ltd manufactures and sale of customized textile machinery, machinery parts and yarns
- Market Cap ₹ 47.9 Cr.
- Current Price ₹ 44.9
- High / Low ₹ 59.8 / 35.0
- Stock P/E 90.4
- Book Value ₹ 23.6
- Dividend Yield 0.00 %
- ROCE -4.36 %
- ROE -5.38 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- The company has delivered a poor sales growth of -1.05% over past five years.
- Company has a low return on equity of 4.55% over last 3 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: Capital Goods-Non Electrical Equipment Industry: Textile Machinery
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|
13.03 | 21.44 | 35.43 | 20.27 | 22.35 | 31.66 | 20.34 | 25.22 | |
11.62 | 18.20 | 29.32 | 19.91 | 19.14 | 26.88 | 20.68 | 23.36 | |
Operating Profit | 1.41 | 3.24 | 6.11 | 0.36 | 3.21 | 4.78 | -0.34 | 1.86 |
OPM % | 10.82% | 15.11% | 17.25% | 1.78% | 14.36% | 15.10% | -1.67% | 7.38% |
0.34 | 0.45 | 0.95 | 0.84 | 0.37 | 0.23 | 0.27 | 0.16 | |
Interest | 0.03 | 0.04 | 0.08 | 0.03 | 0.03 | 0.22 | 0.21 | 0.10 |
Depreciation | 0.25 | 0.30 | 0.38 | 0.43 | 0.69 | 1.02 | 1.09 | 1.24 |
Profit before tax | 1.47 | 3.35 | 6.60 | 0.74 | 2.86 | 3.77 | -1.37 | 0.68 |
Tax % | 27.21% | 26.27% | 25.45% | 31.08% | 25.17% | 29.44% | 0.00% | |
1.06 | 2.47 | 4.92 | 0.52 | 2.15 | 2.67 | -1.37 | 0.53 | |
EPS in Rs | 1.56 | 2.63 | 5.23 | 0.49 | 2.01 | 2.50 | -1.28 | 0.49 |
Dividend Payout % | 26.89% | 35.00% | 23.96% | 205.38% | 59.61% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | -1% |
3 Years: | 0% |
TTM: | 19% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 145% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | -14% |
3 Years: | -15% |
1 Year: | 14% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 8% |
3 Years: | 5% |
Last Year: | -5% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|
Equity Capital | 2.85 | 3.93 | 3.93 | 10.68 | 10.68 | 10.68 | 10.68 | 10.68 |
Reserves | 0.91 | 5.11 | 10.01 | 12.68 | 14.09 | 15.47 | 14.11 | 14.53 |
0.01 | 0.28 | 0.00 | 0.00 | 0.00 | 1.25 | 1.01 | 0.87 | |
4.14 | 5.35 | 7.71 | 6.23 | 8.05 | 8.58 | 9.91 | 10.62 | |
Total Liabilities | 7.91 | 14.67 | 21.65 | 29.59 | 32.82 | 35.98 | 35.71 | 36.70 |
1.94 | 2.99 | 4.71 | 9.50 | 13.12 | 15.90 | 19.40 | 19.05 | |
CWIP | 0.00 | 0.11 | 0.00 | 0.17 | 0.57 | 2.90 | 0.02 | 0.00 |
Investments | 0.25 | 0.18 | 0.00 | 0.06 | 0.05 | 0.06 | 0.07 | 0.07 |
5.72 | 11.39 | 16.94 | 19.86 | 19.08 | 17.12 | 16.22 | 17.58 | |
Total Assets | 7.91 | 14.67 | 21.65 | 29.59 | 32.82 | 35.98 | 35.71 | 36.70 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|
0.23 | -1.06 | 2.40 | -5.60 | 7.49 | 3.10 | 1.64 | |
-0.11 | -1.21 | -1.59 | -5.33 | -5.15 | -2.85 | -1.70 | |
0.25 | 3.21 | -0.85 | 8.91 | -0.74 | -1.59 | -0.33 | |
Net Cash Flow | 0.38 | 0.95 | -0.04 | -2.02 | 1.60 | -1.33 | -0.39 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|
Debtor Days | 27.73 | 56.35 | 35.13 | 33.13 | 66.47 | 37.24 | 45.58 |
Inventory Days | 61.67 | 91.40 | 118.81 | 265.28 | 250.92 | 219.71 | 313.07 |
Days Payable | 85.23 | 77.15 | 83.67 | 122.19 | 134.77 | 110.74 | 184.85 |
Cash Conversion Cycle | 4.17 | 70.59 | 70.27 | 176.22 | 182.62 | 146.21 | 173.80 |
Working Capital Days | -13.73 | 48.35 | 53.36 | 133.61 | 128.69 | 94.07 | 113.41 |
ROCE % | 50.88% | 56.32% | 3.75% | 11.97% | 15.10% | -4.36% |
Documents
Announcements
- Certificate Under Regulation 7(3) Of SEBI (LODR) Regulations, 2015 For The Year Ended 31St March, 2024. 21h
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
15 Apr - Certificate received from M/s. Kfin Technologies Limited, Registrar and Share Transfer Agent (RTA) as per regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 …
- Closure of Trading Window 29 Mar
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 12 Mar
- Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 6 Mar
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