Meyer Apparel

how big is Meyer Apparel?

As of Jun 06, Meyer Apparel Ltd has a market capitalization of 15.00 Cr, classifying it as a Micro Cap company, with recent net sales of 1.20 Cr and a net profit of -1.07 Cr over the last four quarters. Shareholder's funds are reported at -32.78 Cr, with total assets of 0.66 Cr as of Mar'25.

Market Cap: As of Jun 06, Meyer Apparel Ltd has a market capitalization of 15.00 Cr, which classifies it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters, which includes data from Mar'25, Dec'24, Sep'24, and Jun'24, is 1.20 Cr. The sum of Net Profit for the same period is -1.07 Cr. This data is presented on a Standalone basis.<BR><BR>Balance Sheet Snapshot: This is Standalone data for the reporting period of Mar'25. The Shareholder's Funds are reported at -32.78 Cr, while Total Assets amount to 0.66 Cr.

What does Meyer Apparel do?

Meyer Apparel Ltd manufactures men's suits and trousers and operates in the Gems, Jewellery, and Watches industry as a Micro Cap company. As of March 2025, it reported net sales and profit of 0 Cr, with a market cap of Rs 15 Cr.

Overview:<BR>Meyer Apparel Ltd is engaged in the manufacture of various types of Men's Suits and Trousers, operating within the Gems, Jewellery and Watches industry and classified as a Micro Cap company.<BR><BR>History:<BR>Meyer Apparel Ltd, formerly known as GIVO Ltd, was incorporated as a Public Limited Company in May 1993. The latest quarterly results reported net sales and net profit of 0 Cr for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 0 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 0 Cr (Quarterly Results - Mar 2025)<BR>- Market Cap: Rs 15 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: N/A (Loss Making)<BR>- Industry P/E: 23<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 0.00<BR>- Return on Equity: 3.26%<BR>- Price to Book: -0.45<BR><BR>Contact Details:<BR>Address: Unit No 412 4th Floor Khandsa, Bestech Orient Park Sector-34 Gurugram Haryana : 122004<BR>Email: givo@del3.vsnl.net.in<BR>Website: http://www.meyerapparel.com

Who are in the management team of Meyer Apparel?

As of March 2023, the management team of Meyer Apparel includes Gajender Kumar Sharma (Whole Time Director & CFO), Anjali Thukral (Chairperson), Swastik Kumari (Independent Director), Meenakshi Goyal (Independent Director), and Charu Sharma (Company Secretary & Compliance Officer). They oversee the company's operations and strategic direction.

As of March 2023, the management team of Meyer Apparel includes the following individuals:<BR><BR>1. Gajender Kumar Sharma - Whole Time Director & CFO<BR>2. Anjali Thukral - Chairperson<BR>3. Swastik Kumari - Independent Director<BR>4. Meenakshi Goyal - Independent Director<BR>5. Charu Sharma - Company Secretary & Compliance Officer<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

Has Meyer Apparel declared dividend?

No Dividend History Available

Who are the peers of the Meyer Apparel?

Meyer Apparel's peers include Titan Company, Kalyan Jewellers, PC Jeweller, P N Gadgil Jewellers, Ethos Ltd, York Exports, Deep Diamond, Veerkrupa Jewel, and Shukra Jewellery. Titan Company and Kalyan Jewellers show excellent management and growth, while PC Jeweller has the highest 1-year return at 154.46%.

Peers: The peers of Meyer Apparel are Titan Company, Kalyan Jewellers, PC Jeweller, P N Gadgil Jewe., Ethos Ltd, York Exports, Deep Diamond, Veerkrupa Jewel, Shukra Jewellery.<BR><BR>Quality Snapshot: Excellent management risk is observed at Titan Company, Kalyan Jewellers, P N Gadgil Jewe., and Ethos Ltd, while Average management risk is found at Ethos Ltd. Below Average management risk is noted for PC Jeweller, York Exports, Deep Diamond, Veerkrupa Jewel, Shukra Jewellery, and the rest. Excellent growth is seen at Titan Company, Kalyan Jewellers, P N Gadgil Jewe., and Ethos Ltd, while Below Average growth is noted for PC Jeweller, York Exports, Deep Diamond, Veerkrupa Jewel, Shukra Jewellery, and the rest. Meyer Apparel does not qualify for any ratings in management risk, growth, or capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is PC Jeweller at 154.46%, while the lowest is P N Gadgil Jewe. with N/A, and Meyer Apparel's own 1-year return is also N/A. Additionally, the peers with negative six-month returns include Kalyan Jewellers, Deep Diamond, Veerkrupa Jewel, and Shukra Jewellery.

Is Meyer Apparel overvalued or undervalued?

As of November 12, 2024, Meyer Apparel is classified as a risky investment due to its negative PE ratio of -13.92, unfavorable valuation metrics compared to peers, and overall financial challenges, despite a year-to-date stock return of 12.14%.

As of 12 November 2024, the valuation grade for Meyer Apparel has moved from does not qualify to risky, indicating a significant shift in its assessment. The company is currently considered overvalued, as evidenced by its negative PE ratio of -13.92 and an EV to EBITDA ratio of -13.14. Additionally, the price to book value stands at -0.45, further highlighting the financial challenges faced by the company.<BR><BR>In comparison to its peers, Meyer Apparel's valuation metrics are starkly unfavorable. For instance, K P R Mill Ltd, categorized as very expensive, has a PE ratio of 47.51, while Trident, deemed fair, has a PE ratio of 42.6. This stark contrast underscores Meyer Apparel's precarious position within the industry. Despite recent stock performance showing a 12.14% year-to-date return compared to the Sensex's 5.63%, the overall financial ratios suggest that Meyer Apparel remains a risky investment in the gems, jewellery, and watches sector.

What is the technical trend for Meyer Apparel?

As of April 9, 2025, Meyer Apparel's trend is mildly bearish, influenced by daily moving averages, while weekly indicators show mixed signals, and long-term performance remains weak despite recent positive returns.

As of 9 April 2025, the technical trend for Meyer Apparel has changed from bearish to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating a bearish trend, while the weekly MACD and Bollinger Bands show mildly bullish signals. The KST on a weekly basis is bullish, suggesting some strength, but the overall monthly indicators remain bearish, including the MACD and Bollinger Bands. The Dow Theory indicates a mildly bullish trend on the weekly timeframe, but there is no clear trend on the monthly timeframe. The stock has shown positive returns over the past week and month compared to the Sensex, but the long-term performance remains weak.

Who are the top shareholders of the Meyer Apparel?

The top shareholders of Meyer Apparel include Thakral Brothers (Private) Limited, which holds 28.32%, and individual investors who collectively own 19.31%. There are no significant holdings by mutual funds or foreign institutional investors.

The top shareholders of Meyer Apparel include the promoters, with Thakral Brothers (Private) Limited holding the largest stake at 28.32%. Additionally, individual investors collectively own 19.31% of the company. There are no mutual funds or foreign institutional investors holding significant shares in Meyer Apparel.

When is the next results date for Meyer Apparel?

The next results date for Meyer Apparel is November 6, 2025.

The next results date for Meyer Apparel is scheduled for November 6, 2025.

Are Meyer Apparel latest results good or bad?

Meyer Apparel's latest results are concerning, with net sales at ₹0.00 crores and a net loss of ₹0.19 crores, indicating severe operational issues and negative shareholder equity. The company's financial distress and lack of revenue generation suggest a bleak outlook and high investment risk.

Meyer Apparel's latest results are quite concerning and can be characterized as bad. In Q2 FY26, the company reported net sales of ₹0.00 crores, indicating a complete collapse in revenue compared to the previous quarter and the same quarter last year, both of which also saw minimal sales. This represents a 100% decline, underscoring a severe operational crisis.<BR><BR>Additionally, the company incurred a net loss of ₹0.19 crores, which, while unchanged from the previous quarter, adds to the burden of ongoing financial distress. The book value per share is negative at ₹-4.05, reflecting negative shareholder equity of ₹-32.78 crores, which is a classic indicator of insolvency. The price-to-book ratio of -0.50x further highlights the company's distressed valuation.<BR><BR>Overall, Meyer Apparel is facing significant challenges, including zero revenue generation, persistent losses, and a deteriorating balance sheet. The company's operational paralysis and lack of meaningful financial performance suggest a bleak outlook, making it a risky investment with little to no signs of recovery.

How has been the historical performance of Meyer Apparel?

Meyer Apparel has experienced a significant decline in net sales and profitability, with net sales dropping from 8.59 Cr in Mar'19 to 1.20 Cr in Mar'25, and persistent losses reflected in negative operating profit and reserves. The company's financial performance indicates ongoing challenges, with no cash inflow from operating activities since Mar'22.

Answer:<BR>The historical performance of Meyer Apparel shows a declining trend in net sales and profitability over the years, culminating in significant losses.<BR><BR>Breakdown:<BR>Meyer Apparel's net sales have decreased from 8.59 Cr in Mar'19 to just 1.20 Cr in Mar'25, reflecting a consistent downward trajectory. Total operating income followed a similar pattern, dropping from 8.59 Cr in Mar'19 to 1.20 Cr in Mar'25. The company's total expenditure, excluding depreciation, peaked at 10.43 Cr in Mar'20 but has since decreased to 2.32 Cr in Mar'25. Despite this reduction in expenditure, the operating profit (PBDIT) has remained negative, worsening from -1.28 Cr in Mar'19 to -1.04 Cr in Mar'25. Profit before tax and profit after tax also reflect losses, with figures of -1.07 Cr for both in Mar'25. The company's reserves have been negative since Mar'20, reaching -57.05 Cr in Mar'25, while shareholder's funds have also declined to -32.78 Cr. Cash flow from operating activities has been stagnant, with no cash inflow reported since Mar'22. Overall, Meyer Apparel's financial performance indicates significant challenges, with persistent losses and diminishing revenues.

Should I buy, sell or hold Meyer Apparel Ltd?

Which are the latest news on Meyer Apparel?

Why is Meyer Apparel Ltd falling/rising?

As of 08-Feb, Meyer Apparel Ltd's stock price is rising to 2.50, reflecting a 4.6% increase. This growth is driven by strong performance metrics, including a 66.67% rise over the past year and increased investor interest, despite some concerns about the company's long-term fundamentals.

As of 08-Feb, Meyer Apparel Ltd's stock price is rising, currently at 2.50, with a change of 0.11, reflecting a 4.6% increase. This upward movement can be attributed to several factors. The stock has demonstrated strong performance over various periods, including a remarkable 66.67% increase over the past year and a staggering 252.11% rise over the last five years. Additionally, it has outperformed the Sensex significantly, with a 30.21% increase over the past week compared to the Sensex's 1.59% rise.<BR><BR>Today's performance is particularly noteworthy, as the stock has outperformed its sector by 5.48%. It has been on a consecutive gain streak for the last nine days, accumulating a total return of 38.12% during this period. Furthermore, Meyer Apparel is trading above its moving averages across multiple time frames, indicating strong momentum.<BR><BR>Investor participation has also increased, with delivery volumes rising by 71.87% against the five-day average, suggesting growing interest in the stock. Despite some underlying concerns regarding the company's long-term fundamentals, such as a negative book value and high debt levels, the current market sentiment appears to be favoring Meyer Apparel Ltd, contributing to its rising stock price.