Mirza International Ltd
Mirza International Ltd (MIRZAINT)

Mirza International Ltd (MIRZAINT)

₹337.553.65%

Key Stats

₹329.1
Day's Price Range
₹341.5
₹58.35
52-Week Price Range
₹375.6
1 Month Return1.05 %
3 Month Return33.87 %
1 Year Return444.11 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 214
27.62
EPS
Rank 132
₹11.79
BVPS
Rank 220
₹63.14
Dividend Yield
Rank 185
ROE
Rank 176
15.87%
Price To Book Ratio
Rank 250
5.15
Debt To Asset
Rank 348
0.45

Company Information

Mirza TannersMTL promoted by Irshad Mirza and Rashid Mirza in 1979 is into manufacture of finished leather shoe uppers shoes and leather accessories. The company tapped the capital market in Sep 1994.The company to set up a factory to manufacture 6 lac pairs of shoe uppers and 4.5 lac pairs of shoes pa at ShahjaniUnnao UP to increase the capacity of the tannery units from 50 lac sq ft to 60 lac sq ft of finished leather pa at MagarwaraUnnao UP.MTL has established itself as a highquality shoes supplier catering to the premium segment of the market. It has supplied shoes to the Hush Puppies division of British Shoe Corporation and to reputed brand names Oliver Timpson of the Oliver group UK Saxone of Clarks shoes Australia etc. In the past it has received two export awards of council for leather export for its outstanding performance and unit value realisation among leather footwear exporters. In 199697 it allotted bonus shares in the proportion of 1:1 by capitalisation of share premium account.About 85 of the shoes manufactured by the company are exported. It has commenced sale of footwear under its own brands Red Tape and Oakridge and these have received encouraging response.Having established a national presence in the country Red Tape the flagship brand of Mirza Tanners Ltd is on an aggressive expansion drive adding new styles and exploring new markets in 2001.The Company bagged three export awards from the Council for Leather Exports for outstanding export performance for the year 19992000. After the successful launching of Double Density PU shoes the company added a second plant at its Noida Factory doubling the capacity. The Company is expecting a substantial increase in this new range of footwear. During 200102 the company issued on private placement basisSecured Redeemable NCD with a face value of Rs.5 crores.MTL is contemplating of restructuring of Group operations and has appointed Price Waterhouse Coopers P Ltd to examine various options.
OrganisationMirza International Ltd
HeadquartersKanpur
IndustryLeather