Ticker > Company >

Meera Industries share price

Meera Industries Ltd.

BSE: 540519 SECTOR: Textile - Machinery  16k   48   4

80.90
+3.85 (5.00%)
BSE: Today, 01:56 PM

Price Summary

Today's High

₹ 80.9

Today's Low

₹ 80.79

52 Week High

₹ 140

52 Week Low

₹ 34.98

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationFair
The stock’s market price justifies its intrinsic value.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsAverage
The company could improve upon its asset employment.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

86.39 Cr.

Enterprise Value

88.32 Cr.

No. of Shares

1.07 Cr.

P/E

26.52

P/B

3.12

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  25.96

CASH

1.5 Cr.

DEBT

3.43 Cr.

Promoter Holding

64.19 %

EPS (TTM)

₹  3.05

Sales Growth

61.02%

ROE

5.85 %

ROCE

6.57%

Profit Growth

179.43 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

Your Added Ratios

Please login to Add & View your own added ratios.

Login

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year61.02%
3 Year11.25%
5 Year-2.65%

Profit Growth

1 Year179.43%
3 Year-11.63%
5 Year-20.06%

ROE%

1 Year5.85%
3 Year3.21%
5 Year4.31%

ROCE %

1 Year6.57%
3 Year5.32%
5 Year6.53%

Debt/Equity

0.133

Price to Cash Flow

-62.03

Interest Cover Ratio

16.3709

CFO/PAT (5 Yr. Avg.)

0.850895020714453

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 64.19 0.00
Jun 2024 64.19 0.00
Mar 2024 64.19 0.00
Dec 2023 64.19 0.00
Sep 2023 64.19 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • Company has a healthy Interest coverage ratio of 16.3709.
  • Company’s PEG ratio is 0.147777332497721.
  • The company has an efficient Cash Conversion Cycle of 49.082 days.
  • Company has a healthy liquidity position with current ratio of 2.4183.
  • The company has a high promoter holding of 64.19%.

 Limitations

  • The company has shown a poor profit growth of -11.6299576168316% for the Past 3 years.
  • The company has shown a poor revenue growth of 11.2524914765496% for the Past 3 years.
  • Company has a poor ROE of 3.21370654341523% over the past 3 years.
  • Company has negative cash flow from operations of -1.3927.
  • Tax rate is low at 11.1562.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Net Sales 6.79 7.61 9.6 9.91 10.9
Total Expenditure 6.13 6.75 8.67 8.73 8.96
Operating Profit 0.66 0.86 0.92 1.19 1.94
Other Income 0 0.01 0.03 0.07 0.09
Interest 0.03 0.02 0.04 0.03 0.06
Depreciation 0.31 0.31 0.31 0.32 0.32
Exceptional Items 0 0 0 0 0
Profit Before Tax 0.32 0.54 0.6 0.9 1.63
Tax 0.01 0.07 0 0 0.35
Profit After Tax 0.31 0.46 0.6 0.9 1.29
Adjusted EPS (Rs) 0.29 0.43 0.57 0.85 1.21

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 20.12 21.89 31.77 18.72 30.14
Total Expenditure 19.72 18.66 27.05 19.82 27.19
Operating Profit 0.4 3.23 4.72 -1.1 2.95
Other Income 0.85 0.37 0.23 0.3 0.04
Interest 0.04 0.03 0.22 0.1 0.11
Depreciation 0.42 0.68 1.01 1.09 1.24
Exceptional Items -0.01 0 0.2 0.13 0
Profit Before Tax 0.79 2.89 3.92 -1.85 1.65
Tax 0.23 0.77 1.1 0 0.18
Net Profit 0.56 2.12 2.81 -1.84 1.47
Adjusted EPS (Rs.) 0.52 1.99 2.64 -1.73 1.37

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 10.68 10.68 10.68 10.68 10.68
Total Reserves 12.5 13.9 15.42 13.62 15.09
Borrowings 0 0 0 0 2.76
Other N/C liabilities 0.3 0.42 1.63 1.33 1.34
Current liabilities 5.77 8.18 8.04 10.13 7.1
Total Liabilities 29.25 33.17 35.77 35.76 36.97
Assets
Net Block 9.48 13.1 15.88 19.38 18.5
Capital WIP 0.17 0.56 2.88 0 0.34
Intangible WIP 0 0.02 0.02 0.02 0.03
Investments 0.65 0.65 0.39 0.15 0.15
Loans & Advances 5.4 0.12 0.08 0.76 0.77
Other N/C Assets 0 0 0 0 0
Current Assets 13.56 18.73 16.52 15.44 17.17
Total Assets 29.25 33.17 35.77 35.76 36.97
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 0.79 2.89 3.92 -1.85 1.65
Adjustment 0.31 0.85 1.45 1 1.31
Changes in Assets & Liabilities -6.26 3.93 -1.48 2.9 -4.38
Tax Paid -0.47 -0.26 -1.3 -0.66 0.04
Operating Cash Flow -5.63 7.41 2.58 1.39 -1.39
Investing Cash Flow -5.33 -5.02 -2.45 -1.32 -0.69
Financing Cash Flow 8.91 -0.74 -1.57 -0.33 3.06
Net Cash Flow -2.05 1.65 -1.44 -0.26 0.98

Corporate Actions

Investors Details

PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
promoters 64.19 64.19 64.19 64.19 64.19
bijal dharmeshbhai desai - 36.53 - 31.85 31.85
dharmeshkumar vinodkumar ... 26.84 26.84 - 22.16 22.16
het dharmeshkumar desai - - - 4.68 4.68
kenny dharmeshkumar desai... - - - 4.68 4.68
nileshkumar vinodchandra ... 0.82 0.82 - 0.82 0.82
bijal dharmeshbhai desai ... - - 36.53 - -
dharmeshkumar vinodkumar ... - - 26.84 - -
nileshkumar vinodchandra ... - - 0.82 - -
desai bijal dharmeshbhai 36.53 - - - -
PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
investors 35.81 35.81 35.81 35.81 35.81
kamlesh ramanlal naik 1.57 1.57 1.57 1.57 1.57
lakshman easwaran 1.34 1.54 1.54 1.54 1.40
nimesh ramanbhai naik 2.36 2.36 2.36 2.36 2.36
uttam singh 1.01 1.01 - - -

Ratings & Research Reports

No Credit and Research reports exist for this company.Report us

Company Presentations

Currently we do not have any Presentation and Concall related to this company.Report us

Company News

Meera Industries informs about press release 30 Oct, 11:49 AM Meera Industries - Quaterly Results 29 Oct, 1:56 PM Meera Industries - Quaterly Results 29 Oct, 1:56 PM Meera Industries - Quaterly Results 29 Oct, 1:56 PM Meera Industries secures domestic order from DNH Spinners 21 Oct, 2:27 PM Meera Industries informs about compliance certificate 15 Oct, 10:08 AM Meera Industries informs about disclosures 4 Oct, 2:39 PM Meera Industries informs about receipt of order 2 Sep, 4:43 PM Meera Industries secures international orders worth $302,000 2 Sep, 4:14 PM Meera Industries - Quaterly Results 12 Aug, 9:03 PM Meera Industries - Quaterly Results 12 Aug, 9:03 PM Meera Industries informs about disclosure 12 Jun, 4:29 PM Meera Industries informs about disclosures 12 Jun, 4:27 PM Meera Industries secures order worth Rs 7.47 crore from SRF 22 May, 2:59 PM Meera Industries informs about notice of postal ballot 12 Mar, 9:42 AM Meera Industries bags order worth Rs 2.70 crore 6 Mar, 2:59 PM Meera Industries informs about award of order 6 Mar, 12:09 PM Meera Industries secures two export orders 27 Feb, 12:08 PM MEERA Industries bags orders worth $336,250 12 Feb, 12:30 PM Meera Industries informs about postal ballot notice 9 Feb, 5:27 PM Meera Industries - Quaterly Results 7 Feb, 6:10 PM Meera Industries - Quaterly Results 7 Feb, 6:10 PM Meera Industries - Quaterly Results 7 Feb, 6:10 PM Meera Industries informs about disclosure 23 Sep, 12:36 PM Meera Industries informs about disclosure 7 Sep, 10:05 AM Meera Industries bags order worth Rs 5.7 crore 12 Jun, 2:30 PM Meera Industries informs about closure of trading window 1 Apr, 10:00 AM Meera Industries - Quaterly Results 13 Feb, 5:47 PM Meera Industries informs about closure of trading window 2 Jan, 9:59 AM Meera Industries informs about closure of trading window 2 Jan, 9:52 AM Meera Industries informs about board meeting intimation 5 Nov, 11:58 AM Meera Industries informs about postal ballot notice 14 Jul, 4:49 PM Meera Industries informs about compliance certificate 22 Apr, 3:04 PM Meera Industries bags domestic order of Rs 1.45 crore 15 Mar, 2:44 PM Meera Industries informs about outcome of the board meeting 15 Feb, 10:09 AM Meera Industries informs about statement of deviation or variation 29 Nov, 4:44 PM Meera Industries informs about closure of trading window 1 Oct, 9:48 AM Meera Industries submits 15th annual report 9 Sep, 9:52 AM Meera Industries informs about revised declaration 3 Jul, 3:21 PM Meera Industries informs about board meeting 22 Jun, 4:29 PM Meera Industries informs about board meeting 22 Jun, 3:27 PM Meera Industries bags export order from Turkey 14 Jun, 4:32 PM Meera Industries secures domestic order from SRF 11 May, 11:30 AM Meera Industries bags domestic order of Rs 3.45 crore 26 Apr, 2:50 PM Meera Industries secures export order from Turkey 8 Mar, 11:23 AM Meera Industries bags domestic order 27 Jan, 11:36 AM Meera Industries bags export, domestic orders 20 Jan, 11:55 AM Meera Industries informs about newspaper publication 16 Jan, 3:23 PM Meera Industries informs about proceedings of 14th AGM 7 Dec, 11:16 AM Meera Industries bags export order of $140,000 25 Sep, 10:30 AM

Meera Industries Stock Price Analysis and Quick Research Report. Is Meera Industries an attractive stock to invest in?

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Meera Industries stock price today is Rs 80.9. Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Meera Industries . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Meera Industries has a PE ratio of 26.5167655445934 which is high and comparatively overvalued .

  • Share Price: - The current share price of Meera Industries is Rs 80.9. One can use valuation calculators of ticker to know if Meera Industries share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Meera Industries has ROA of 4.0298 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Meera Industries has a Current ratio of 2.4183 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders' investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Meera Industries has a ROE of 5.8532 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Meera Industries has a Debt to Equity ratio of 0.133 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Meera Industries has reported revenue growth of 61.0226 % which is fair in relation to its growth and performance. 

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Meera Industries for the current financial year is 9.80283521828128 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Meera Industries is Rs 0 and the yield is 0 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Meera Industries is Rs 3.0509 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Meera Industries in Ticker for free. Also, one can get the intrinsic value of Meera Industries by using Valuation Calculators, which are available with a Finology ONE subscription. 

Last Updated on:
Brief about Meera Industries
X