Meera Industries Ltd
Incorporated in 2006, Meera Industries Ltd manufactures and sale of customized textile machinery, machinery parts and yarns
- Market Cap ₹ 96.0 Cr.
- Current Price ₹ 44.9
- High / Low ₹ 68.0 / 28.0
- Stock P/E 97.9
- Book Value ₹ 14.0
- Dividend Yield 1.11 %
- ROCE 5.36 %
- ROE 3.32 %
- Face Value ₹ 5.00
Pros
- Company has reduced debt.
- Company's working capital requirements have reduced from 69.7 days to 42.9 days
Cons
- Stock is trading at 3.21 times its book value
- Company has a low return on equity of 7.44% 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
Industrials Capital Goods Industrial Manufacturing Industrial Products
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 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 13.03 | 21.44 | 35.43 | 20.27 | 22.35 | 31.66 | 20.34 | 30.14 | 39.85 | 37.83 | |
| 11.62 | 18.20 | 29.32 | 19.91 | 19.14 | 26.88 | 20.79 | 27.18 | 34.06 | 34.97 | |
| Operating Profit | 1.41 | 3.24 | 6.11 | 0.36 | 3.21 | 4.78 | -0.45 | 2.96 | 5.79 | 2.86 |
| OPM % | 10.82% | 15.11% | 17.25% | 1.78% | 14.36% | 15.10% | -2.21% | 9.82% | 14.53% | 7.56% |
| 0.34 | 0.45 | 0.95 | 0.84 | 0.37 | 0.23 | 0.27 | 0.04 | 0.32 | 0.88 | |
| Interest | 0.03 | 0.04 | 0.08 | 0.03 | 0.03 | 0.22 | 0.10 | 0.11 | 0.22 | 0.83 |
| Depreciation | 0.25 | 0.30 | 0.38 | 0.43 | 0.69 | 1.02 | 1.09 | 1.24 | 1.27 | 1.78 |
| Profit before tax | 1.47 | 3.35 | 6.60 | 0.74 | 2.86 | 3.77 | -1.37 | 1.65 | 4.62 | 1.13 |
| Tax % | 27.21% | 26.27% | 25.45% | 31.08% | 25.17% | 29.44% | 0.00% | 10.91% | 19.70% | 13.27% |
| 1.06 | 2.47 | 4.92 | 0.52 | 2.15 | 2.67 | -1.37 | 1.46 | 3.72 | 0.98 | |
| EPS in Rs | 0.77 | 1.30 | 2.59 | 0.24 | 1.00 | 1.25 | -0.64 | 0.68 | 1.74 | 0.46 |
| Dividend Payout % | 26.89% | 35.00% | 23.96% | 205.38% | 59.61% | 20.00% | 0.00% | 0.00% | 14.35% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 11% |
| 3 Years: | 23% |
| TTM: | -5% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -14% |
| 3 Years: | 40% |
| TTM: | -74% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 4% |
| 3 Years: | 24% |
| 1 Year: | 42% |
| Return on Equity | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 6% |
| 3 Years: | 7% |
| Last Year: | 3% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2.85 | 3.93 | 3.93 | 10.68 | 10.68 | 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 | 15.57 | 18.48 | 19.22 |
| 0.01 | 0.28 | 0.00 | 0.00 | 0.00 | 1.25 | 1.01 | 4.15 | 8.21 | 5.93 | |
| 4.14 | 5.35 | 7.71 | 6.23 | 8.05 | 8.58 | 9.91 | 7.08 | 5.88 | 9.57 | |
| Total Liabilities | 7.91 | 14.67 | 21.65 | 29.59 | 32.82 | 35.98 | 35.71 | 37.48 | 43.25 | 45.40 |
| 1.94 | 2.99 | 4.71 | 9.50 | 13.12 | 15.90 | 19.40 | 18.51 | 18.31 | 24.72 | |
| CWIP | 0.00 | 0.11 | 0.00 | 0.17 | 0.57 | 2.90 | 0.02 | 0.37 | 7.32 | 0.00 |
| Investments | 0.25 | 0.18 | 0.00 | 0.06 | 0.05 | 0.06 | 0.07 | 0.07 | 0.08 | 0.77 |
| 5.72 | 11.39 | 16.94 | 19.86 | 19.08 | 17.12 | 16.22 | 18.53 | 17.54 | 19.91 | |
| Total Assets | 7.91 | 14.67 | 21.65 | 29.59 | 32.82 | 35.98 | 35.71 | 37.48 | 43.25 | 45.40 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.23 | -1.06 | 2.40 | -5.60 | 7.49 | 3.10 | 1.64 | -1.39 | 5.46 | 6.47 | |
| -0.11 | -1.21 | -1.59 | -5.33 | -5.15 | -2.85 | -1.70 | -0.69 | -8.37 | -2.63 | |
| 0.25 | 3.21 | -0.85 | 8.91 | -0.74 | -1.57 | -0.33 | 3.06 | 3.11 | -3.29 | |
| Net Cash Flow | 0.38 | 0.95 | -0.04 | -2.02 | 1.60 | -1.32 | -0.39 | 0.98 | 0.20 | 0.54 |
| Free Cash Flow | 0.06 | -2.51 | 0.54 | -10.94 | 3.08 | -0.99 | -0.07 | -2.10 | -2.99 | 5.59 |
| CFO/OP | 48% | -9% | 70% | -1,469% | 241% | 92% | -511% | -48% | 99% | 257% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 27.73 | 56.35 | 35.13 | 33.13 | 66.47 | 37.24 | 45.58 | 28.82 | 58.16 | 44.29 |
| Inventory Days | 61.67 | 91.40 | 118.81 | 265.28 | 250.92 | 219.71 | 313.07 | 195.50 | 120.84 | 142.58 |
| Days Payable | 85.23 | 77.15 | 83.67 | 122.19 | 134.77 | 110.74 | 184.85 | 57.61 | 52.28 | 98.33 |
| Cash Conversion Cycle | 4.17 | 70.59 | 70.27 | 176.22 | 182.62 | 146.21 | 173.80 | 166.71 | 126.73 | 88.53 |
| Working Capital Days | -13.73 | 48.35 | 53.36 | 133.61 | 128.69 | 91.31 | 96.01 | 110.57 | 55.69 | 42.94 |
| ROCE % | 50.88% | 56.32% | 3.75% | 11.97% | 15.22% | -4.77% | 6.26% | 14.28% | 5.36% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2024 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Export Countries Presence Number ・Standalone data |
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| Machines Produced/Sold Units ・Standalone data |
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| Capacity Utilization - Twister Machine % ・Standalone data |
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| Installed Capacity - Twister Machine Pcs. ・Standalone data |
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| Advanced Machinery Lines Number |
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| CPP Film Division Installed Capacity TPM ・Standalone data |
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| Customer Count Number |
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| Spindles Sold Million |
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| Surat Facility Capacity Utilization % ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - Submitted Annual Secretarial Compliance Report for FY ended 31 March 2026.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - Submitted Annual Secretarial Compliance Report for FY ended 31 March 2026.
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Announcement under Regulation 30 (LODR)-Cessation
29 May - Board approved audited FY26 results on May 29, 2026; internal auditor D D R & Co. resigned.
- Financial Results For The Year Ended 2025-2026. 29 May
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Board Meeting Outcome for Outcome Of Board Meeting Held Today 29.05.2026
29 May - Board approved FY26 audited results with unmodified opinion; internal auditor DDR & Co. resigned May 29, 2026.
Business Overview:[1][2]
The company designs, develops, and sells twisting, cabling, winding, and heat setting machines for the textile industry. Its twisting machines are used in the production of carpets, rugs, threads, twines, and fabrics. In addition, the company is involved in twisting, processing, and selling yarns. It also has a wholly owned subsidiary in the USA.