Meera Industries

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.

how big is Meera Industries?

As of Jun 06, Meera Industries Ltd has a market capitalization of 65.00 Cr, classifying it as a Micro Cap company, with recent net sales of 39.85 Cr and net profit of 3.72 Cr over the last four quarters.

Market Cap: As of Jun 06, Meera Industries Ltd has a market capitalization of 65.00 Cr, which classifies it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: For the latest 4 quarters, the sum of Net Sales is 39.85 Cr, and the sum of Net Profit is 3.72 Cr. This data is presented on a Consolidated basis.<BR><BR>Balance Sheet Snapshot: This is Consolidated data for the latest annual period ending in Mar'24. Shareholder's Funds are reported at 26.25 Cr, and Total Assets amount to 37.47 Cr.

Who are in the management team of Meera Industries?

As of March 2022, the management team of Meera Industries includes Dharmesh V Desai (Chairman & Managing Director), Bijal D Desai (Whole-time Director), Mayank Y Desai (Director), Hetal R Mehta, Sanjay N Mehta, and Rajendrabhai Vanmalibhai Kalyani (all Independent Directors), along with Bhavisha Khakhkhar (Company Secretary & Compliance Officer).

As of March 2022, 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. Bhavisha Khakhkhar - Company Secretary & Compliance Officer<BR>6. Sanjay N Mehta - Independent Director<BR>7. Rajendrabhai Vanmalibhai Kalyani - Independent Director<BR><BR>These individuals play key roles in the governance and operational management of the company.

What does Meera Industries do?

Meera Industries Ltd is a micro-cap industrial manufacturing company, incorporated in 2006, with net sales of 7 Cr and a market cap of Rs 66 Cr as of March 2025. Key financial metrics include a P/E ratio of 17.00 and a dividend yield of 1.67%.

Overview:<BR>Meera Industries Ltd operates in the industrial manufacturing sector and is categorized as a micro-cap company.<BR><BR>History:<BR>Meera Industries Ltd was incorporated in 2006 as a Private Limited Company. It underwent a status change to a public company following the takeover of assets and liabilities from M/s. Meera Industries. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 7 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 0 Cr (Quarterly Results - Mar 2025)<BR>- Market cap: Rs 66 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 17.00<BR>- Industry P/E: 91<BR>- Dividend Yield: 1.67%<BR>- Debt Equity: 0.22<BR>- Return on Equity: 12.76%<BR>- Price to Book: 2.19<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

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.

Who are the peers of the Meera Industries?

Meera Industries' peers include Kaynes Tech, Honeywell Auto, Jyoti CNC Auto, LMW, Jupiter Wagons, Cranex, Vruddhi Engineer, Austin Engg Co, and Bombay Metrics. In terms of management risk and growth, Meera Industries shows below average management risk and good growth compared to its peers.

Peers: The peers of Meera Industries are Kaynes Tech, Honeywell Auto, Jyoti CNC Auto., LMW, Jupiter Wagons, Cranex, Vruddhi Engineer, Austin Engg Co, and Bombay Metrics.<BR><BR>Quality Snapshot: Excellent management risk is observed at Honeywell Auto and Bombay Metrics, while Good management risk is found at Jyoti CNC Auto. and Vruddhi Engineer. Average management risk is present at Kaynes Tech, LMW, and Jupiter Wagons, while Below Average management risk is noted for Cranex, Meera Industries, Austin Engg Co. and the rest. In terms of Growth, Excellent growth is seen at Kaynes Tech, Jyoti CNC Auto., and Vruddhi Engineer, while Good growth is exhibited by Meera Industries and Austin Engg Co. Below Average growth is found at Honeywell Auto, LMW, Cranex, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Kaynes Tech at 65.93%, while the lowest is Honeywell Auto at -26.32%. Meera Industries has a 1-year return of 35.85%, which is higher than Honeywell Auto but lower than Kaynes Tech. Additionally, the peers with negative six-month returns include Kaynes Tech, Honeywell Auto, LMW, Jupiter Wagons, Cranex, Austin Engg Co, and Meera Industries.

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.

When is the next results date for Meera Industries?

The next results date for Meera Industries is 31 July 2025.

The next results date for Meera Industries is scheduled for 31 July 2025.

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.

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.

Why is Meera Industries Ltd falling/rising?

As of 16-Mar, Meera Industries Ltd's stock price is rising to Rs 34.39, up 8.08%, driven by strong sector performance and significant intraday gains. The stock has shown resilience with a year-to-date return of 7.70%, outperforming the Sensex, and appears undervalued compared to its peers.

As of 16-Mar, Meera Industries Ltd's stock price is rising, currently at Rs 34.39, reflecting a change of Rs 2.57 or 8.08%. This increase can be attributed to several factors. Firstly, the stock has outperformed its sector by 5.34% today, indicating strong relative performance. Additionally, the stock reached an intraday high of Rs 35, marking a significant increase of 9.99% during the trading day.<BR><BR>In the context of broader market performance, Meera Industries Ltd has shown resilience with a year-to-date return of 7.70%, while the Sensex has declined by 11.40% in the same period. Furthermore, the stock has demonstrated a robust performance over the past three years, with a return of 76.68%, significantly outpacing the Sensex's 31.00% increase.<BR><BR>Despite some negative indicators, such as a decline in profits and a decrease in investor participation, the stock's current valuation appears attractive, trading at a discount compared to its peers. The company's return on equity (ROE) of 9.4% and a price-to-book value of 2.4 suggest that it may be undervalued relative to its historical averages.<BR><BR>Overall, the combination of strong sector performance, significant intraday gains, and attractive valuation metrics contributes to the rising stock price of Meera Industries Ltd.

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