Meera Industries

Why is Meera Industries Ltd falling/rising?

As of 20-Jun, Meera Industries Ltd's stock price is at 49.96, down 0.5%, and has declined 2.95% over the last three days. Investor interest has weakened significantly, contributing to downward pressure, while recent financial results and high valuation compared to peers raise concerns about the company's fundamentals.

As of 20-Jun, Meera Industries Ltd's stock price is currently at 49.96, reflecting a decrease of 0.25, or 0.5%. The stock has been experiencing a downward trend, having fallen consecutively for the last three days, resulting in a total decline of 2.95% during this period. This recent performance is compounded by the fact that the stock has underperformed its sector by 0.59% today.<BR><BR>In terms of investor participation, there has been a notable decline, with delivery volume dropping by 42.22% against the five-day average. This suggests a weakening interest among investors, which can contribute to downward pressure on the stock price. <BR><BR>While the stock has shown strong performance in the long term, with a year-to-date increase of 56.47% and a three-year increase of 103.75%, its recent one-month performance is concerning, showing a decline of 17.42%. Additionally, the company's fundamentals appear weak, as indicated by operating losses and a poor EBIT to Interest ratio of 1.89, which raises concerns about its ability to service debt.<BR><BR>Moreover, the company reported negative results in its latest financials, including a significant drop in profit before tax and a low return on capital employed. Despite the stock's historical performance, the current valuation is considered expensive compared to peers, especially given the substantial profit decline of 73.4% over the past year. These factors collectively contribute to the stock's current downward trajectory.

Which are the latest news on Meera Industries?

What does Meera Industries do?

Meera Industries Ltd is a micro-cap industrial manufacturing company, incorporated in 2006, with recent quarterly net sales of 9 Cr and a net profit of -1 Cr as of March 2026. The company has a market cap of INR 82 Cr and key financial metrics include a P/E of 92.00 and a dividend yield of 0.62%.

Overview:<BR>Meera Industries Ltd is engaged in industrial manufacturing and operates within the micro-cap market segment.<BR><BR>History:<BR>The company was originally incorporated as Meera Industries Private Limited in 2006 and later changed its name to Meera Industries Limited in March 2017. The latest quarterly results reported net sales and profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 9 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: -1 Cr (Quarterly Results - Mar 2026) <BR>Market-cap: INR 82 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 92.00 <BR>Industry P/E: 86 <BR>Dividend Yield: 0.62% <BR>Debt Equity: 0.17 <BR>Return on Equity: 3.31% <BR>Price to Book: 2.90 <BR><BR>Contact Details:<BR>Address: 2126 Road No 2 GIDC, Sachin Surat Gujarat : 394230 <BR>Tel: 91-261-2399114 <BR>Email: info@meeraind.com <BR>Website: http://www.meeraind.com

How big is Meera Industries?

As of 10th June, Meera Industries Ltd has a market capitalization of 82.00 Cr, with net sales of 37.83 Cr and a net profit of 0.99 Cr in the latest four quarters. The company reported shareholder's funds of 29.15 Cr and total assets of 43.25 Cr for the annual period ending March 2025.

As of 10th June, Meera Industries Ltd has a market capitalization of 82.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Meera Industries reported net sales of 37.83 Cr and a net profit of 0.99 Cr.<BR><BR>For the latest annual period ending March 2025, the company had shareholder's funds of 29.15 Cr and total assets amounting to 43.25 Cr.

Who are in the management team of Meera Industries?

The management team of Meera Industries includes Dharmesh V Desai (Chairman & Managing Director), Bijal D Desai (Whole-time Director), Mayank Y Desai (Director), and several Independent Directors: Hetal R Mehta, Sanjay N Mehta, and Rajendrabhai Vanmalibhai Kalyani, along with Bhavisha Khakhkhar as Company Secretary & Compliance Officer. This team is responsible for the company's governance and strategic direction.

The management team of Meera Industries includes the following individuals:<BR><BR>1. **Dharmesh V Desai** - Chairman & Managing Director<BR>2. **Bijal D Desai** - Whole-time Director<BR>3. **Mayank Y Desai** - Director<BR>4. **Hetal R Mehta** - Independent Director<BR>5. **Sanjay N Mehta** - Independent Director<BR>6. **Rajendrabhai Vanmalibhai Kalyani** - Independent Director<BR>7. **Bhavisha Khakhkhar** - Company Secretary & Compliance Officer<BR><BR>This team plays a crucial role in the governance and strategic direction of the company. If you need more specific information about any of these members or their roles, feel free to ask!

Who are the peers of the Meera Industries?

Meera Industries' peers include Lippi Systems, ITL Industries, T & I Global, Atam Valves, Shri Balaji, Readymix Cons., Womancart, Banka Bioloo, Emkay Taps & Cut, and Ameya Precision. In terms of management risk, growth, and capital structure, Meera Industries shows average performance compared to its peers, with a 1-year return of 20.12%.

Peers: The peers of Meera Industries are Lippi Systems, ITL Industries, T & I Global, Atam Valves, Shri Balaji, Readymix Cons., Womancart, Banka Bioloo, Emkay Taps & Cut, and Ameya Precision.<BR><BR>Quality Snapshot: Excellent management risk is observed at Atam Valves and Shri Balaji, while Good management risk is found at ITL Industries, Emkay Taps & Cut, and the rest. Average management risk is present at Meera Industries, Readymix Cons., Womancart, and Ameya Precision, while Below Average management risk is noted at Lippi Systems, T & I Global, and Banka Bioloo. Growth is Excellent at Shri Balaji and Womancart, while Good growth is seen at Readymix Cons. Average growth is found at Meera Industries, ITL Industries, and T & I Global, while Below Average growth is noted at Lippi Systems, Atam Valves, Banka Bioloo, and the rest. Capital Structure is Excellent at T & I Global and Emkay Taps & Cut, Good at Atam Valves, ITL Industries, and Shri Balaji, Average at Meera Industries, and Below Average at Lippi Systems, Banka Bioloo, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Lippi Systems at 493.43%, while the lowest is ITL Industries at -27.64%. Meera Industries has a 1-year return of 20.12%, which is higher than ITL Industries but significantly lower than Lippi Systems. Additionally, peers such as ITL Industries, Atam Valves, Shri Balaji, and Banka Bioloo have negative six-month returns.

Should I buy, sell or hold Meera Industries Ltd?

When is the next results date for Meera Industries Ltd?

The next results date for Meera Industries Ltd is 29 May 2026.

The next results date for Meera Industries Ltd is scheduled for 29 May 2026.

Are Meera Industries Ltd latest results good or bad?

Meera Industries Ltd's latest results are concerning, with a 78.36% decline in net profit and a 24.40% drop in revenue year-on-year for Q3 FY26, marking three consecutive quarters of declining revenues. The operating margin has fallen to 6.93%, the lowest in seven quarters, indicating significant challenges in profitability and operational performance.

The latest results for Meera Industries Ltd are concerning. In Q3 FY26, the company reported a net profit of ₹0.29 crores, which is a significant decline of 78.36% year-on-year. Revenue also fell sharply, down 24.40% to ₹8.80 crores compared to the same quarter last year. This marks the third consecutive quarter of declining revenues, indicating persistent demand challenges rather than temporary fluctuations.<BR><BR>Additionally, the operating margin has dropped to 6.93%, the lowest in seven quarters, reflecting severe cost pressures that the company has been unable to manage effectively. The return on equity (ROE) stands at 9.42%, which is below the industry average, suggesting that the company is struggling to generate adequate returns on its equity.<BR><BR>Overall, these results indicate a significant deterioration in profitability and operational performance, raising concerns about the company's future prospects. Investors may want to approach with caution given these negative trends.

How has been the historical performance of Meera Industries?

Meera Industries has shown a recovery in sales and profitability, reporting net sales of 39.85 Cr in March 2025, up from 30.14 Cr in March 2024, with profit after tax improving to 3.72 Cr from a loss of 1.37 Cr in March 2023. The company has experienced fluctuating performance over the years but demonstrated resilience in the latest fiscal year.

Answer:<BR>The historical performance of Meera Industries shows a fluctuating trend in net sales and profitability over the years leading up to March 2025.<BR><BR>Breakdown:<BR>Meera Industries reported net sales of 39.85 Cr in March 2025, a significant increase from 30.14 Cr in March 2024 and 20.34 Cr in March 2023. However, the sales figures have varied over the years, with a peak of 35.58 Cr in March 2019 and a low of 20.27 Cr in March 2020. The total operating income mirrored the net sales, reaching 39.85 Cr in March 2025. The raw material costs also increased to 23.46 Cr in March 2025 from 15.88 Cr in March 2024, contributing to total expenditures of 34.06 Cr in March 2025, up from 27.19 Cr the previous year. Operating profit, excluding other income, improved to 5.79 Cr in March 2025 from 2.95 Cr in March 2024, while profit before tax rose to 4.62 Cr from 1.65 Cr. The profit after tax for March 2025 was 3.72 Cr, a recovery from a loss of 1.37 Cr in March 2023. The company's total assets increased to 43.25 Cr in March 2025, up from 37.49 Cr in March 2024, while total liabilities also rose to 43.25 Cr from 37.49 Cr. Cash flow from operating activities showed a positive trend, reaching 5.00 Cr in March 2025, compared to a negative cash flow of 1.00 Cr in March 2024. Overall, Meera Industries has shown resilience with a recovery in sales and profitability in the latest fiscal year.

Who are the top shareholders of the Meera Industries?

The top shareholders of Meera Industries are primarily promoters, with Bijal Dharmeshbhai Desai holding 29.06%. Individual investors collectively own 35.56%, with Nimesh Ramanbhai Naik as the largest public shareholder at 1.69%, and there are no mutual funds or foreign institutional investors involved.

The top shareholders of Meera Industries include the promoters, who hold the majority of the shares. The promoter with the highest holding is Bijal Dharmeshbhai Desai, owning 29.06% of the company. Additionally, individual investors collectively hold 35.56% of the shares, with the highest public shareholder being Nimesh Ramanbhai Naik, who holds 1.69%. There are no mutual funds or foreign institutional investors currently holding shares in the company.

What is the technical trend for Meera Industries?

As of June 6, 2025, Meera Industries shows a mildly bullish trend supported by positive weekly indicators, despite mixed signals from longer timeframes.

As of 6 June 2025, the technical trend for Meera Industries has changed from mildly bearish to mildly bullish. The weekly MACD indicates a mildly bullish stance, supported by a bullish RSI on the weekly timeframe. Bollinger Bands are also bullish on both weekly and monthly charts. However, the monthly MACD remains mildly bearish, and the daily moving averages show a mildly bearish trend. The KST is mildly bullish weekly and bullish monthly, while Dow Theory indicates a mildly bearish stance on the weekly timeframe with no trend on the monthly. Overall, the current technical stance is mildly bullish, driven by the positive momentum in the weekly indicators despite some mixed signals in the longer timeframes.

Is Meera Industries overvalued or undervalued?

As of April 1, 2025, Meera Industries is assessed as fairly valued with a PE ratio of 18.26, lower than Bajaj Steel Industries' 23.88 and significantly more attractive than LMW's 169.04, despite a strong 48.68% return over the past year compared to the Sensex's 7.61%.

As of 1 April 2025, the valuation grade for Meera Industries has moved from very attractive to attractive, indicating a shift in its perceived investment quality. The company is currently assessed as fairly valued. Key ratios include a PE ratio of 18.26, an EV to EBITDA of 12.83, and a PEG ratio of 0.12, suggesting that the stock is reasonably priced relative to its growth prospects.<BR><BR>In comparison to its peers, Meera Industries stands out with a lower PE ratio than Bajaj Steel Industries, which has a PE of 23.88, while it is significantly more attractive than LMW, which is deemed very expensive with a PE of 169.04. Despite recent stock performance showing a 48.68% return over the past year compared to the Sensex's 7.61%, the overall valuation metrics suggest that Meera Industries is positioned fairly within its industry.

What is the bonus history of the Meera Industries?

Meera Industries announced a bonus issue at a ratio of 7:5, with an ex-date of February 6, 2020, and a record date of February 8, 2020, allowing eligible shareholders to receive bonus shares.

Meera Industries has a bonus history that includes a notable bonus issue announced at a ratio of 7:5. The ex-date for this bonus was February 6, 2020, and the record date was February 8, 2020. This means that shareholders on record by the record date were eligible to receive the bonus shares based on the specified ratio. If you have any more questions about the company or its financial activities, feel free to ask!

Has Meera Industries declared dividend?

Meera Industries Ltd has declared a 5% dividend, amounting to 0.5 per share, with an ex-date of February 21, 2025. While recent short-term returns have been negative, longer-term returns show positive growth, particularly over the 1- and 5-year periods.

Meera Industries Ltd has declared a 5% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 5%<BR>- Amount per share: 0.5<BR>- Ex-date: 21 Feb 25<BR><BR>Dividend Yield: 1.67%<BR><BR>Total Returns by Period:<BR>Over the past 6 months, the price return was -21.62%, the dividend return was 0.62%, resulting in a total return of -21.0%.<BR><BR>In the 1-year period, the price return was 33.62%, the dividend return was 2.20%, leading to a total return of 35.82%.<BR><BR>For the 2-year period, the price return was 32.39%, the dividend return was 2.04%, resulting in a total return of 34.43%.<BR><BR>Over the last 3 years, the price return was -28.74%, the dividend return was 1.27%, culminating in a total return of -27.47%.<BR><BR>In the 4-year period, the price return was -17.33%, the dividend return was 2.37%, which resulted in a total return of -14.96%.<BR><BR>Finally, in the 5-year period, the price return was 30.8%, the dividend return was 5.91%, leading to a total return of 36.71%.<BR><BR>Overall, Meera Industries has declared a dividend, which contributes positively to the total returns, especially noted in the longer-term periods where the total returns are significantly higher compared to the short-term periods.