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Meera Industries

₹42.7 -0.6 | 1.4%

Market Cap ₹46 Cr.

Stock P/E 84.9

P/B 1.8

Current Price ₹42.7

Book Value ₹ 24

Face Value 10

52W High ₹59.8

Dividend Yield 0%

52W Low ₹ 35

Meera Industries Research see more...

Overview Inc. Year: 2006Industry: Textile - Machinery

Meera Industries Share Price

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Meera Industries Quarterly Results

#(Fig in Cr.) Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 12 9 6 6 5 5 5 6 7 8
Other Income 0 0 0 0 0 -0 0 0 0 0
Total Income 13 9 6 6 5 5 5 6 7 8
Total Expenditure 10 7 5 6 5 5 5 6 6 7
Operating Profit 3 2 0 1 -1 -0 -0 1 1 1
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 3 1 0 0 -1 -0 -0 0 0 1
Provision for Tax 1 0 0 0 -0 0 -0 0 0 0
Profit After Tax 2 1 -0 0 -1 -0 -0 0 0 0
Adjustments 0 -0 0 0 0 0 0 -0 0 0
Profit After Adjustments 2 1 -0 0 -1 -0 -0 0 0 0
Adjusted Earnings Per Share 1.8 1 -0.1 0.2 -0.8 -0.4 -0.3 0.1 0.3 0.4

Meera Industries Profit & Loss

#(Fig in Cr.) Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Net Sales 13 21 36 20 22 32 20 26
Other Income 0 0 1 1 0 0 0 0
Total Income 13 22 36 21 23 32 21 26
Total Expenditure 12 18 29 20 19 27 21 24
Operating Profit 2 4 7 1 4 5 -0 3
Interest 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 1 1 1 0
Exceptional Income / Expenses 0 -0 -0 -0 0 0 0 0
Profit Before Tax 1 3 7 1 3 4 -1 1
Provision for Tax 0 1 2 0 1 1 -0 0
Profit After Tax 1 2 5 1 2 3 -1 0
Adjustments 0 0 0 0 0 0 0 0
Profit After Adjustments 1 2 5 1 2 3 -1 0
Adjusted Earnings Per Share 1.6 2.6 5.2 0.5 2 2.5 -1.3 0.5

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -38% 0% -1% 0%
Operating Profit CAGR -100% -100% -100% 0%
PAT CAGR -133% NAN% NAN% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -3% -17% -14% NA%
ROE Average -5% 5% 12% 18%
ROCE Average -5% 8% 17% 25%

Meera Industries Balance Sheet

#(Fig in Cr.) Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 4 9 14 23 25 26 25
Minority's Interest 0 0 0 0 0 0 0
Borrowings 0 0 0 0 0 0 0
Other Non-Current Liabilities 0 0 0 0 0 2 1
Total Current Liabilities 4 5 7 6 8 9 10
Total Liabilities 8 15 22 30 33 36 36
Fixed Assets 2 3 5 10 13 16 19
Other Non-Current Assets 0 0 1 6 1 3 0
Total Current Assets 6 11 16 15 20 17 17
Total Assets 8 15 22 30 33 36 36

Meera Industries Cash Flow

#(Fig in Cr.) Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 2 2 3 3 1 2 1
Cash Flow from Operating Activities 0 -1 2 -6 7 3 2
Cash Flow from Investing Activities -0 -1 -2 -5 -5 -3 -2
Cash Flow from Financing Activities 0 3 -1 9 -1 -2 -0
Net Cash Inflow / Outflow 0 1 -0 -2 2 -1 -0
Closing Cash & Cash Equivalent 2 3 3 1 2 1 1

Meera Industries Ratios

# Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) 1.56 2.62 5.22 0.49 2.01 2.5 -1.29
CEPS(Rs) 1.93 2.94 5.62 0.89 2.65 3.45 -0.26
DPS(Rs) 1 2.2 3 1 0.7 0.5 0
Book NAV/Share(Rs) 5.5 9.58 14.79 21.88 23.19 24.49 23.21
Core EBITDA Margin(%) 10.76 15.12 17.58 1.82 14.35 15.1 -1.84
EBIT Margin(%) 11.38 15.8 18.78 3.87 12.93 12.6 -5.73
Pre Tax Margin(%) 11.11 15.59 18.55 3.69 12.8 11.91 -6.76
PAT Margin (%) 8.08 11.49 13.82 2.57 9.6 8.43 -6.75
Cash Profit Margin (%) 10.01 12.88 14.88 4.67 12.68 11.65 -1.38
ROA(%) 13.44 21.88 27.08 2.03 6.81 7.64 -3.77
ROE(%) 28.31 38.62 42.8 2.79 8.92 10.49 -5.39
ROCE(%) 39.81 51.96 57.49 4.2 12.01 15.68 -4.57
Receivable days 27.58 36.52 34.46 47.28 48.23 42.08 51.78
Inventory Days 34.14 36.61 49.95 135.42 137.78 106.12 184.71
Payable days 85.24 63.82 65.06 135.37 124.34 105.84 165.93
PER(x) 0 31.97 16.3 91.36 34.82 39.83 0
Price/Book(x) 0 8.74 5.75 2.04 3.02 4.07 1.54
Dividend Yield(%) 0 1.09 1.47 2.24 1 0.5 0
EV/Net Sales(x) 0.05 3.54 2.16 2.3 3.19 3.33 1.85
EV/Core EBITDA(x) 0.37 20.58 10.86 38.04 19.93 21.06 -515.1
Net Sales Growth(%) 0 63.4 65.55 -43.16 10.5 41.66 -35.77
EBIT Growth(%) 0 126.7 96.77 -88.27 268.7 38.06 -129.19
PAT Growth(%) 0 132.26 99.09 -89.4 311.78 24.41 -151.39
EPS Growth(%) 0 68.39 99.08 -90.64 311.76 24.4 -151.39
Debt/Equity(x) 0 0.03 0 0 0 0 0
Current Ratio(x) 1.5 2.15 2.11 2.45 2.38 2.02 1.65
Quick Ratio(x) 1.19 1.57 1.22 1.04 1.35 0.87 0.59
Interest Cover(x) 41.35 75 81.14 21.9 93.85 18.22 -5.53
Total Debt/Mcap(x) 0 0 0 0 0 0 0

Meera Industries Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 64.19 64.19 64.19 64.19 64.19 64.19 64.19 64.19 64.19 64.19
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 35.81 35.81 35.81 35.81 35.81 35.81 35.81 35.81 35.81 35.81
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Company is almost debt free.

Cons

  • Company has a low return on equity of 5% over the last 3 years.
  • Debtor days have increased from 105.84 to 165.93days.

* 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.

Meera Industries News

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