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Meera Industries Ltd

MEERA

Meera Industries Ltd

MEERA
IndustrialsIndustrial Machinery
SmallcapWith a market cap of ₹64 cr, stock is ranked 3,230
High RiskStock is 4.61x as volatile as Nifty
60.170.66% (-0.40)
60.170.66% (-0.40)

Price Chart

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1W
1M
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5Y
Max
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IndustrialsIndustrial Machinery
SmallcapWith a market cap of ₹64 cr, stock is ranked 3,230
High RiskStock is 4.61x as volatile as Nifty
Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is not in the overbought zone

Red flags

Avg

The stock has a moderate number of red flags

How to use scorecard? Learn more

IndustrialsIndustrial Machinery
SmallcapWith a market cap of ₹64 cr, stock is ranked 3,230
High RiskStock is 4.61x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
28.372.61—
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
51.327.350.45%

Forecast & Ratings

Detailed Forecast 
—
Forecast data is currently unavailable for this stock

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Meera Industries Limited is an India-based company engaged in manufacturing Two for One twisting yarns and textile products.

Peers

Compare with peers 
Compare with Peers

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Forecasts

Price

Revenue

Earnings

Price Forecast

Hmm, looks like data is unavailable here. Please come back after some time

Revenue Forecast

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Earnings Per Share Forecast

Hmm, looks like data is unavailable here. Please come back after some time

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Lower than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of -3.69%, vs industry avg of 10.74%

Decreasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 0.05% to 0.03%

Lower than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of -21.6%, vs industry avg of 23.12%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue8.3713.4921.9536.4221.1222.7231.8920.6130.1834.01
Raw Materialssubtract4.677.7513.1322.7311.9711.2819.6011.0827.1930.28
Power & Fuel Costsubtract0.080.100.130.190.190.200.280.25
Employee Costsubtract0.611.171.982.482.782.683.893.37
Selling & Administrative Expensessubtract1.582.242.504.034.092.624.343.14
Operating & Other expensessubtract0.440.490.50-0.080.882.36-1.232.84
Depreciation/Amortizationsubtract0.320.250.300.380.430.691.021.091.241.25
Interest & Other Itemssubtract0.030.030.040.080.030.030.220.210.110.12
Taxes & Other Itemssubtract0.220.400.881.680.230.721.110.000.180.08
EPS0.550.881.935.230.522.002.49-1.281.372.14
DPS0.000.420.921.251.001.200.500.000.000.00
Payout ratio0.000.470.480.241.930.600.200.000.000.00
See Costs

EPS and DPS in ₹. Other numbers except Payout Ratio in ₹ cr

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2019

Annual report

PDF
FY 2020

Annual report

PDF
FY 2021

Annual report

PDF
FY 2022

Annual report

PDF
FY 2023

Annual report

PDF
 

Peers & Comparison

Comparing 3 stocks from 
IndustrialsIndustrial Machinery

Valuation

Technical

Forecast

ScreenerCompare valuation on Screener

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Meera Industries Ltd44.302.61—
Cummins India Ltd60.1715.661.02%
Thermax Limited76.1011.060.28%
AIA Engineering Ltd35.996.13—

Price Comparison

Compare MEERA with any stock or ETF
Compare MEERA with any stock or ETF
MEERA
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding64.19%0.00%0.00%0.00%35.81%

Sep 2023

Dec 2023

Mar 2024

Jun 2024

Shareholding History

MarJunSepDec '23MarJun0.00%0.00%0.00%0.00%0.00%0.00%

Insider Trades & Bulk Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No dividend trend available

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateAug 23, 2024

Interim
Interim | Div/Share: ₹0.50

Dividend/Share

₹0.50

Ex DateEx Date

Aug 23, 2024

Cash Dividend

Ex DateEx DateFeb 25, 2022

Interim
Interim | Div/Share: ₹0.50

Dividend/Share

₹0.50

Ex DateEx Date

Feb 25, 2022

Cash Dividend

Ex DateEx DateSep 23, 2021

Final
Final | Div/Share: ₹0.70

Dividend/Share

₹0.70

Ex DateEx Date

Sep 23, 2021

Cash Dividend

Ex DateEx DateNov 19, 2020

Interim
Interim | Div/Share: ₹0.50

Dividend/Share

₹0.50

Ex DateEx Date

Nov 19, 2020

Cash Dividend

Ex DateEx DateNov 25, 2019

Interim
Interim | Div/Share: ₹1.00

Dividend/Share

₹1.00

Ex DateEx Date

Nov 25, 2019

News & Opinions
Corporate
Meera Industries to convene AGM

Meera Industries announced that the 18th Annual General Meeting (AGM) of the company will be held on 28 September 2024.Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Corporate
Board of Meera Industries recommends interim dividend

Meera Industries announced that the Board of Directors of the Company at its meeting held on 12 August 2024, inter alia, have recommended the interim dividend of Rs 0.5 per equity Share (i.e. 5%) , subject to the approval of the shareholders.Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Corporate
Meera Industries fixes record date for interim dividend

Meera Industries has fixed 23 August 2024 as record date for the purpose of interim dividend for FY 2024-25. Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Earnings
Meera Industries consolidated net profit rises 1025.00% in the June 2024 quarter

Net profit of Meera Industries rose 1025.00% to Rs 0.90 crore in the quarter ended June 2024 as against Rs 0.08 crore during the previous quarter ended June 2023. Sales rose 61.14% to Rs 9.91 crore in the quarter ended June 2024 as against Rs 6.15 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales9.916.15 61 OPM %11.918.46 - PBDT1.220.49 149 PBT0.900.19 374 NP0.900.08 1025 Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Corporate
Meera Industries to conduct board meeting

Meera Industries will hold a meeting of the Board of Directors of the Company on 12 August 2024.Powered by Capital Market - Live

3 weeks agoCapital Market - Live

Meera Industries surges 7% on bagging order worth Rs 5.7 crore

1 year agoMoneycontrol

Stocks that will see action today (June 14, 2023)

1 year agoThe Hindu Businessline

Meera Industries Ltd leads losers in ‘B’ group

1 year agoBusiness Standard

Meera Industries reports consolidated net loss of Rs 0.40 crore in the December 2022 quarter

1 year agoBusiness Standard

Ducon Infratechnologies Ltd leads losers in ‘B’ group

1 year agoBusiness Standard