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Meera Industries Ltd (540519)

₹48.54.3%

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Overview
News
Financials
Q1 2024 Results
Technicals

Performance

  • Day's Low

    Day's High

    ₹45.33
    ₹51.87
  • 52 Week's Low

    52 Week's High

    ₹34.98
    ₹59.8
1 Month Return+ 3.66 %
3 Month Return+ 3.79 %
1 Year Return+ 3.08 %
Previous Close₹46.50
Open₹46.83
Volume38.76K
Upper Circuit-
Lower Circuit-
Market Cap₹49.66Cr

Key Statistics

P/E Ratio33.94
PEG Ratio12.71
Market Cap₹49.66 Cr
P/B Ratio1.57
EPS-1.29

Company Information

Meera Industries Limited is an Indian company specializing in machine development and design for the textile industry, providing twisting, cabling, winding and heat setting machines. Established in 2006 as a Private Limited Company, the Company changed its name to 'Meera Industries Limited' and got listed to the SME exchange of BSE Ltd. in 2017. The Company also started its yarn twisting division in 2017-18. It has a PAN India customer base for its products as well as the yarn division, and has developed an extensive exports market in America, South America, Europe, Africa and Asia, covering countries such as Germany, Spain, Thailand, Belgium, and Turkey. In order to further expand its markets, the company incorporated the wholly owned subsidiary Meera Industries USA LLC in North Carolina in 2017 to better serve its customers in the USA, Canada and South American countries.

Share Price: ₹48.50 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹49.66Cr as of today
Revenue: ₹9.60Cr as on March 2024 (Q1 24)
Net Profit: ₹0.60Cr as on March 2024 (Q1 24)
Listing date: 01 Jan, 0001
Chairperson Name: Dharmesh V Desai
OrganisationMeera Industries Ltd
Headquarters
IndustryCapital Goods-Non Electrical Equipment
E-voting on sharesClick here to vote

Key events for Meera Industries Ltd

  • Meera Industries Secures Domestic Order from SRF Limited - 22 May, 2024

    Meera Industries has secured a significant domestic order worth Rs. 7.47 Crores from SRF Limited for the supply of Ring Twisting Machines to produce high-performance fabrics for industrial applications, solidifying its position as a leader in the technical textiles market. Its Q3FY24 revenue grew by 48% YoY to Rs. 7.61 Crores with a profit of Rs. 46 Lakhs.

Insights on Meera Industries Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 7 quarters, -0.81 Cr → 0.6 Cr (in ₹), with an average increase of 127.5% per quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 5 quarters, 4.81 Cr → 9.63 Cr (in ₹), with an average increase of 15.7% per quarter

  • imgNO EFFECT

    Retail Holding Unchanged

    img

    Retail Investor holdings remained unchanged at 35.81% of holdings in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Thermax Ltd has given 103.2% return, outperforming this stock by 100.2%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Thermax Ltd has given 250.0% return, outperforming this stock by 295.3%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 64.19% of holdings in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 years, Meera Industries stock has moved down by -45.3%

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹9.60Cr
↑26.15%
Net Income
₹0.60Cr
↑30.43%
Net Profit Margin
6.25%
↑3.48%
2023Y/Y Change
Revenue
₹20.34Cr
↓35.75%
Net Income
-₹1.37Cr
↓151.31%
Net Profit Margin
-6.74%
↓179.95%
Value in ₹ crore
2023Y/Y Change
Total Assets
₹35.27Cr
↓0.31%
Total Liabilities
₹10.97Cr
↑18.21%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
₹1.39Cr
↓46.12%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
64.19%
0.00
Foreign Institutions
0%
0.00
Mutual Funds
0%
0.00
Retail Investors
35.81%
0.00
Others
0%
0.00

Key Indicators

Meera Industries Ltd Valuation

Meera Industries Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-131.94x)

October 30, 2023

Today (33.94x)

July 23, 2024

Industry (86.96x)

July 23, 2024

Highest (260.96x)

October 6, 2022

LowHigh

Earnings and Dividends

  • Meera Industries Ltd Earnings Results

    Meera Industries Ltd’s net profit jumped 281.82% since last year same period to ₹0.60Cr in the Q4 2023-2024. On a quarterly growth basis, Meera Industries Ltd has generated 30.43% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Meera Industries Ltd Dividends February,2022

    In the quarter ending December 2021, Meera Industries Ltd has declared dividend of ₹0.50 - translating a dividend yield of 2.58%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Meera Industries Ltd is currently in a Bullish trading position according to technical analysis indicators.

Frequently Asked Questions

  • Get a PAN card.
  • Open a Demat account.
  • Open a Trading account.
  • Link your Demat account to your Trading account.
  • Fund your Trading account.
  • Place an order to buy Meera Industries Ltd shares.

Meera Industries Ltd (540519) share price today is ₹48.5

Meera Industries Ltd is not listed on NSE

Meera Industries Ltd is listed on BSE

  • Today’s highest price of Meera Industries Ltd is ₹51.87.
  • Today’s lowest price of Meera Industries Ltd is ₹45.33.

PE Ratio of Meera Industries Ltd is 33.94

PE ratio = Meera Industries Ltd Market price per share / Meera Industries Ltd Earnings per share

Today’s traded volume of Meera Industries Ltd(540519) is 38.76K.

Today’s market capitalisation of Meera Industries Ltd(540519) is ₹49.66Cr.

Meera Industries Ltd(540519Price
52 Week High
₹59.8
52 Week Low
₹34.98

Meera Industries Ltd(540519) share price is ₹48.5. It is down -18.90% from its 52 Week High price of ₹59.8

Meera Industries Ltd(540519) share price is ₹48.5. It is up 38.65% from its 52 Week Low price of ₹34.98

Meera Industries Ltd(540519Returns
1 Day Returns
2%
1 Month Returns
3.66%
3 Month Returns
3.79%
1 Year Returns
3.08%