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Meera Industries

  • Market Cap: Micro Cap
  • Industry: Textile - Machinery
  • ISIN: INE343X01018
  • NSEID:
  • BSEID: 540519
INR
61.50
1.5 (2.5%)
BSENSE

Apr 11, 12:51 PM

BSE+NSE Vol: 9.41 k

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  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

58.0062.00

52 Week

39.51140.00
Valuation
Technical
Day's Volume

CASH

9.41 k (296.48%) Volume

Shareholding (Dec 2024)

FII

0.00%

Held by 0 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

61.40%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Weak Long Term Fundamental Strength with a -5.57% CAGR growth in Operating Profits over the last 5 years

  • The company has been able to generate a Return on Equity (avg) of 6.11% signifying low profitability per unit of shareholders funds
2

Stock is technically in a Mildly Bearish range

3

Reducing Promoter Confidence

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Textile - Machinery

stock-summary
Market cap

INR 64 Cr (Micro Cap)

stock-summary
P/E

16.00

stock-summary
Industry P/E

76

stock-summary
Dividend Yield

1.67%

stock-summary
Debt Equity

0.11

stock-summary
Return on Equity

11.52%

stock-summary
Price to Book

2.27

Revenue and Profits (1 Year):
Net Sales:
12 Cr
(Quarterly Results - Dec 2024)
Net Profit:
1 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (1.67%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-49.82%
0.51%
-49.31%
1 Year
33.23%
2.15%
35.38%
2 Years
68.35%
2.61%
70.96%
3 Years
-36.24%
1.16%
-35.08%
4 Years
-15.81%
2.94%
-12.87%
5 Years
55.3%
5.87%
61.17%

Latest dividend: 0.5 per share ex-dividend date: Feb-21-2025

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
3.28%
EBIT Growth (5y)
-5.57%
EBIT to Interest (avg)
2.55
Debt to EBITDA (avg)
0.57
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0.92
Tax Ratio
15.40%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
4.77%
ROE (avg)
6.11%
Valuation key factors
Factor
Value
P/E Ratio
16
Industry P/E
76
Price to Book Value
2.27
EV to EBIT
13.84
EV to EBITDA
10.98
EV to Capital Employed
2.15
EV to Sales
1.60
PEG Ratio
0.02
Dividend Yield
1.67%
ROCE (Latest)
11.69%
ROE (Latest)
11.52%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
Bullish
No Signal
Bollinger Bands
Bearish
Bullish
Moving Averages
Bearish (Daily)
KST
Bearish
Bullish
Dow Theory
Mildly Bearish
Mildly Bearish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 0 FIIs

Promoter with highest holding

Bijal Dharmeshbhai Desai (29.06%)

Highest Public shareholder

Nimesh Ramanbhai Naik (1.69%)

Individual Investors Holdings

35.05%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 52.96% vs 50.40% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 191.30% vs 215.00% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "11.64",
          "val2": "7.61",
          "chgp": "52.96%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "2.06",
          "val2": "0.86",
          "chgp": "139.53%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.04",
          "val2": "0.02",
          "chgp": "100.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "1.34",
          "val2": "0.46",
          "chgp": "191.30%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "17.70%",
          "val2": "11.30%",
          "chgp": "6.40%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 60.82% vs 21.96% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 447.50% vs 162.50% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "20.81",
          "val2": "12.94",
          "chgp": "60.82%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "3.12",
          "val2": "1.18",
          "chgp": "164.41%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.10",
          "val2": "0.05",
          "chgp": "100.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "2.19",
          "val2": "0.40",
          "chgp": "447.50%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "14.99%",
          "val2": "9.12%",
          "chgp": "5.87%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 57.91% vs 31.14% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 310.47% vs 182.69% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "32.45",
          "val2": "20.55",
          "chgp": "57.91%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "5.18",
          "val2": "2.04",
          "chgp": "153.92%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.14",
          "val2": "0.07",
          "chgp": "100.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "3.53",
          "val2": "0.86",
          "chgp": "310.47%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "15.96%",
          "val2": "9.93%",
          "chgp": "6.03%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 48.18% vs -35.75% in Mar 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 206.57% vs -151.31% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "30.14",
          "val2": "20.34",
          "chgp": "48.18%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "2.95",
          "val2": "-0.45",
          "chgp": "755.56%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.11",
          "val2": "0.10",
          "chgp": "10.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "1.46",
          "val2": "-1.37",
          "chgp": "206.57%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "9.79%",
          "val2": "-2.21%",
          "chgp": "12.00%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - YoYstock-summary
Dec'24
Dec'23
Change(%)
Net Sales
11.64
7.61
52.96%
Operating Profit (PBDIT) excl Other Income
2.06
0.86
139.53%
Interest
0.04
0.02
100.00%
Exceptional Items
0.00
0.00
Consolidate Net Profit
1.34
0.46
191.30%
Operating Profit Margin (Excl OI)
17.70%
11.30%
6.40%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in quarter ended Dec 2024 is 52.96% vs 50.40% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in quarter ended Dec 2024 is 191.30% vs 215.00% in Dec 2023

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
20.81
12.94
60.82%
Operating Profit (PBDIT) excl Other Income
3.12
1.18
164.41%
Interest
0.10
0.05
100.00%
Exceptional Items
0.00
0.00
Consolidate Net Profit
2.19
0.40
447.50%
Operating Profit Margin (Excl OI)
14.99%
9.12%
5.87%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 60.82% vs 21.96% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is 447.50% vs 162.50% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
32.45
20.55
57.91%
Operating Profit (PBDIT) excl Other Income
5.18
2.04
153.92%
Interest
0.14
0.07
100.00%
Exceptional Items
0.00
0.00
Consolidate Net Profit
3.53
0.86
310.47%
Operating Profit Margin (Excl OI)
15.96%
9.93%
6.03%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 57.91% vs 31.14% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is 310.47% vs 182.69% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
30.14
20.34
48.18%
Operating Profit (PBDIT) excl Other Income
2.95
-0.45
755.56%
Interest
0.11
0.10
10.00%
Exceptional Items
0.00
0.00
Consolidate Net Profit
1.46
-1.37
206.57%
Operating Profit Margin (Excl OI)
9.79%
-2.21%
12.00%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 48.18% vs -35.75% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is 206.57% vs -151.31% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Meera Industries Ltd stock-summary
stock-summary
Meera Industries Ltd
Micro Cap
Textile - Machinery
Meera Industries Limited was originally incorporated as a Private Limited Company with the name "Meera Industries Private Limited" on July 05, 2006. Pursuant to Deed of Assignment dated September 25, 2006 for takeover of assets and liabilities of M/s. Meera Industries, the Company acquired the business of M/s. Meera Industries, a proprietorship concern of one of its Promoter Mrs. Bijal D. Desai.
Company Coordinates stock-summary
Company Details
2126 Road No 2 GIDC, Sachin Surat Gujarat : 394230
stock-summary
Tel: 91-261-2399114
stock-summary
http://www.meeraind.com
stock-summary
info@meeraind.com
Registrar Details
Karvy Computershare Pvt Ltd., Karvy Selenium, Tower-B Plot No 31 & 32, Survey No 116/22, 115/24, 115/25, Financial District, Nanakramguda, Serilingampally, Mandal Ranga Reddy Dist, Hyderabad
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