Meera Industries

Which are the latest news on Meera Industries?

Why is Meera Industries Ltd falling/rising?

As of 05-Sep, Meera Industries Ltd's stock price is rising to 32.73, driven by increased investor participation and recent gains. However, it remains below its moving averages and faces long-term fundamental weaknesses, including a significant decline in profits.

As of 05-Sep, Meera Industries Ltd's stock price is rising, currently at 32.73, with a change of 0.25 (0.77%) upward. This increase can be attributed to several factors. Firstly, the stock has outperformed its sector by 1.06% today and has been on a consecutive gain for the last two days, accumulating a total return of 1.05% during this period. Additionally, there has been a notable rise in investor participation, with delivery volume increasing by 78.2% compared to the 5-day average, indicating heightened interest in the stock.<BR><BR>Despite these positive movements, it is important to note that Meera Industries Ltd is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This suggests that while the stock is currently experiencing a rise, it may still be under pressure in the longer term. Furthermore, the company faces significant challenges, including a weak long-term fundamental strength characterized by a -29.11% CAGR growth in operating profits over the last five years and a substantial decline in profits by -75.8% over the past year. <BR><BR>Overall, while the stock is currently rising due to short-term factors such as increased investor participation and recent gains, the underlying fundamentals indicate potential long-term weaknesses that could affect its performance moving forward.

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. They are responsible for the company's strategic direction and regulatory compliance.

The management team of Meera Industries includes the following members:<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 guiding the company's strategic direction and ensuring compliance with regulatory standards.

What does Meera Industries do?

Meera Industries Ltd is a micro-cap industrial manufacturing company, incorporated in 2006, with recent quarterly net sales of 12 Cr and net profit of 1 Cr as of June 2026. The company has a market cap of INR 78 Cr and key metrics include a P/E of 84.00 and a dividend yield of 0.72%.

Overview:<BR>Meera Industries Ltd operates in the industrial manufacturing sector and is classified as a micro-cap company.<BR><BR>History:<BR>Meera Industries Ltd was originally incorporated as a Private Limited Company on July 05, 2006. The company underwent a name change to "Meera Industries Limited" on March 09, 2017, following the acquisition of the running business of a proprietorship concern. The latest quarterly results report net sales and net profit for June 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 12 Cr (Quarterly Results - Jun 2026)<BR>- Net Profit: 1 Cr (Quarterly Results - Jun 2026)<BR>- Market Cap: INR 78 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 84.00<BR>- Industry P/E: 59<BR>- Dividend Yield: 0.72%<BR>- Debt Equity: 0.17<BR>- Return on Equity: 3.31%<BR>- Price to Book: 2.46<BR><BR>Contact Details:<BR>Address: 2126 Road No 2 GIDC, Sachin Surat Gujarat : 394230<BR>Phone: 91-261-2399114<BR>Email: info@meeraind.com<BR>Website: http://www.meeraind.com

Who are the peers of the Meera Industries?

Meera Industries' peers include M E T S, Taylormade Renew, Shantai Industries, Cranex, Atam Valves, Adtech Systems, BEW Engineering, Vdeal System, Lakshya Powertec, and Ameya Precision. In terms of management risk, growth, and capital structure, M E T S and Taylormade Renew show excellent metrics, while Meera Industries has average management risk and growth, with a 1-year return of -1.32%.

Peers: The peers of Meera Industries are M E T S, Taylormade Renew, Shantai Indust., Cranex, Atam Valves, Adtech Systems, BEW Engg, Vdeal System, Lakshya Powertec, and Ameya Precision.<BR><BR>Quality Snapshot: Excellent management risk is observed at M E T S and Taylormade Renew, while Average management risk is found at Meera Industries, Adtech Systems, BEW Engg, and Lakshya Powertec. Good management risk is noted at Atam Valves and Vdeal System, whereas Below Average management risk is present at Shantai Indust. and Cranex. In terms of Growth, Excellent growth is seen at Vdeal System and Lakshya Powertec, while Average growth is noted at M E T S, Meera Industries, Taylormade Renew, Adtech Systems, and the rest. Below Average growth is observed at Shantai Indust., Cranex, Atam Valves, and Ameya Precision. For Capital Structure, Excellent capital structure is found at M E T S and Taylormade Renew, Good capital structure is present at Meera Industries, Atam Valves, Adtech Systems, and Lakshya Powertec, while Below Average capital structure is noted at Shantai Indust., Cranex, BEW Engg, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Shantai Indust. at 658.64%, while Taylormade Renew has the lowest at -67.83%. Meera Industries has a 1-year return of -1.32%, which is higher than Taylormade Renew but lower than Shantai Indust. Additionally, peers such as Taylormade Renew, Atam Valves, Adtech Systems, and Cranex have negative six-month returns.

How big is Meera Industries?

As of 31st August, Meera Industries Ltd has a market capitalization of 78.00 Cr, with recent net sales of 39.66 Cr and a net profit of 0.88 Cr. The company's shareholder's funds are 29.15 Cr, and total assets amount to 43.25 Cr.

As of 31st August, Meera Industries Ltd has a market capitalization of 78.00 Cr and is classified as a Micro Cap company.<BR><BR>In the latest four quarters, Meera Industries reported Net Sales of 39.66 Cr and a Net Profit of 0.88 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, showing Shareholder's Funds of 29.15 Cr and Total Assets of 43.25 Cr.

Should I buy, sell or hold Meera Industries Ltd?

Are Meera Industries Ltd latest results good or bad?

Meera Industries Ltd's latest Q4 FY26 results are poor, with a net profit of -₹0.64 crore and an operating margin of -4.88%, despite a 19.19% revenue growth to ₹8.82 crore. The company is facing significant operational challenges, indicating a need for management intervention.

Meera Industries Ltd's latest results for Q4 FY26 indicate a challenging financial situation. The company reported a net profit of -₹0.64 crore, which represents a significant decline of 436.84% year-on-year. This marks a troubling trend as the company has slipped into negative profitability, with an operating margin of -4.88%, down from 8.24% in the same quarter last year.<BR><BR>On a slightly positive note, revenue for the quarter was ₹8.82 crore, reflecting a year-on-year growth of 19.19%. However, this revenue growth did not translate into profitability, as operational inefficiencies led to substantial losses. The operating profit before depreciation, interest, tax, and other income (PBDIT excluding OI) fell to negative ₹0.43 crore, marking the lowest quarterly performance in the company's history.<BR><BR>Overall, the results suggest that Meera Industries is facing significant operational challenges, and the financial performance is classified as negative. The company's return on equity (ROE) is 9.42%, which, while above its five-year average, remains below industry standards. Given these factors, the latest results can be characterized as bad, indicating a need for immediate management intervention to address the underlying issues.

When is the next results date for Meera Industries Ltd?

The next results date for Meera Industries Ltd is 14 August 2026.

The next results date for Meera Industries Ltd is scheduled for 14 August 2026.

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.