| Sector |
Textile
|
Compare with Sector peers |
| Industry |
Textile - Machinery
|
Compare with Industry peers |
| Website | http://www.meeraind.com | |
| Market Cap | 101.93 Cr. | |
| Enterprise Value(EV) | 98.48 Cr. | 2021-03 |
| Financial Indicators | ||
|---|---|---|
| Earnings per share (EPS) | 2.08 | Trailing Twelve Months Ending 2021-03 |
| Price-Earning Ratio (PE) | 45.85 | Trailing Twelve Months Ending 2021-03 |
| Industry PE | 46.47 | Trailing Twelve Months Ending 2021-03 |
| Book Value / Share | 24.45 | Trailing Twelve Months Ending 2021-03 |
| Price to Book Value | 3.90 | Calculated using Price: 95.45 |
| Dividend Yield | 0.73 | Period Ending 2021-03 |
| No. of Shares Subscribed | 1.07 Cr. | 10,678,796 Shares |
| FaceValue | 10 | |
| Company Profile | ||
|
The company was originally incorporated as Meera Industries Private Limited on July 05, 2006 with the Registrar of Companies, Gujarat, Dadra and Nagar Havelli as a private limited company under the provisions of the Companies Act, 1956. Subsequently the company was converted into public limited Company pursuant to shareholders resolution passed at the Extra-Ordinary General Meeting held on February 25, 2017 and the name of the company was changed to Meera Industries Limited. A fresh certificate of incorporation consequent upon conversion to public limited Company was issued by the Registrar of Companies, Ahmedabad on March 09, 2017. Its promoters, Dharmesh V. Desai and Bijal D. Desai founded the company in the year 2006 and have been in the business and industry for 19 and 11 years, respectively. It caters to the domestic market as well as Exports the products to continents like America, South America, Africa, Europe and Asia and major countries like Germany, Spain, Turkey, Thailand, Belgium, USA etc. It is capable of manufacturing both standardized as well as customized products based on the customer’s specific requirement. The company’s products are sold under the brand name “MEERA”. The company is manufacturing and delivering quality products and providing prompt sales service to build enduring relationship with its customers. The company’s manufacturing unit is located at Surat, Gujarat and is spread over an area admeasuring around 7,882 square meters (approximately). Its unit is well equipped with wide range of machineries and other handling equipment to facilitate smooth manufacturing process using globally adopted manufacturing SAP-ERP tool. It has in-house testing laboratory to test the products as per quality standards. All the incoming materials are tested before and the final product has to pass a quality test to ensure that the final product is of the requisite quality and standard. Business area of the company The company is engaged in the manufacturing of Yarn Twisting, Winding and Heat-Setting Machine for textile industries. All the machines are stringently tested at its in-house quality management unit to ensure the flawless performance of the machines.
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Company Profile
The company was originally incorporated as Meera Industries Private Limited on July 05, 2006 with the Registrar of Companies, Gujarat, Dadra and Nagar Havelli as a private limited company under the provisions of the Companies Act, 1956. Subsequently the company was converted into public limited Company pursuant to shareholders resolution passed at the Extra-Ordinary General Meeting held on February 25, 2017 and the name of the company was changed to Meera Industries Limited. A fresh certificate of incorporation consequent upon conversion to public limited Company was issued by the Registrar of Companies, Ahmedabad on March 09, 2017. Its promoters, Dharmesh V. Desai and Bijal D. Desai founded the company in the year 2006 and have been in the business and industry for 19 and 11 years, respectively.
It caters to the domestic market as well as Exports the products to continents like America, South America, Africa, Europe and Asia and major countries like Germany, Spain, Turkey, Thailand, Belgium, USA etc. It is capable of manufacturing both standardized as well as customized products based on the customer’s specific requirement. The company’s products are sold under the brand name “MEERA”. The company is manufacturing and delivering quality products and providing prompt sales service to build enduring relationship with its customers.
The company’s manufacturing unit is located at Surat, Gujarat and is spread over an area admeasuring around 7,882 square meters (approximately). Its unit is well equipped with wide range of machineries and other handling equipment to facilitate smooth manufacturing process using globally adopted manufacturing SAP-ERP tool. It has in-house testing laboratory to test the products as per quality standards. All the incoming materials are tested before and the final product has to pass a quality test to ensure that the final product is of the requisite quality and standard.
Business area of the company
The company is engaged in the manufacturing of Yarn Twisting, Winding and Heat-Setting Machine for textile industries. All the machines are stringently tested at its in-house quality management unit to ensure the flawless performance of the machines.
| 1 Day |
|
+0.42% |
| 1 Week |
|
+7.31% |
| 1 Month |
|
-4.98% |
| 3 Month |
|
-7.69% |
| 6 Month |
|
+17.77% |
| 1 Year |
|
+27.52% |
| 2 Year |
|
+103.09% |
| 5 Year |
|
+573.61% |
| 10 Year |
|
| 5 years | 2017-03 | 2018-03 | 2019-03 | 2020-03 | 2021-03 | |
| Return on Equity (%) | 28.31 | 38.62 | 42.80 | 2.79 | 9.19 | |
| Return on Capital Employed (%) | 39.81 | 51.96 | 57.49 | 4.20 | 12.19 | |
| Return on Assets (%) | 13.44 | 21.88 | 27.08 | 2.03 | 7.03 |
| Particulars | 5 years | 2017-03 Rs. Cr. | 2018-03 Rs. Cr. | 2019-03 Rs. Cr. | 2020-03 Rs. Cr. | 2021-03 Rs. Cr. |
| Shh. Funds | 4 | 9 | 14 | 23 | 25 | |
| Non Curr. Liab. | 0 | 0 | 0 | 0 | 0 | |
| Curr. Liab. | 4 | 5 | 7 | 6 | 8 | |
| Minority Int. | ||||||
| Equity & Liab. | 8 | 15 | 22 | 30 | 34 | |
| Non Curr. Assets | 2 | 3 | 6 | 15 | 15 | |
| Curr. Assets | 6 | 11 | 16 | 15 | 19 | |
| Misc. Exp. not W/O | ||||||
| Total Assets | 8 | 15 | 22 | 30 | 34 |
| Particulars | 5 years | 2017-03 Rs. Cr. | 2018-03 Rs. Cr. | 2019-03 Rs. Cr. | 2020-03 Rs. Cr. | 2021-03 Rs. Cr. |
| Net Sales | 13 | 21 | 36 | 20 | 22 | |
| Other Income | 0 | 0 | 1 | 1 | 0 | |
| Total Income | 13 | 22 | 36 | 21 | 23 | |
| Total Expenditure | -12 | -18 | -29 | -20 | -19 | |
| PBIDT | 2 | 4 | 7 | 1 | 4 | |
| Interest | 0 | 0 | 0 | 0 | 0 | |
| Depreciation | 0 | 0 | 0 | 0 | -1 | |
| Taxation | 0 | -1 | -2 | 0 | -1 | |
| Exceptional Items | 0 | 0 | 0 | |||
| PAT | 1 | 2 | 5 | 1 | 2 | |
| Minority Interest | ||||||
| Share Associate | ||||||
| Other Related Items | ||||||
| Consolidated Net Profit | 1 | 2 | 5 | 1 | 2 | |
| Adjusted EPS | 2 | 3 | 5 | 0 | 2 |
| Particulars | 5 years | 2017-03 Rs. Cr. | 2018-03 Rs. Cr. | 2019-03 Rs. Cr. | 2020-03 Rs. Cr. | 2021-03 Rs. Cr. |
| Cash Fr. Operatn. | 0 | -1 | 2 | -6 | 7 | |
| Cash Fr. Inv. | 0 | -1 | -2 | -5 | -5 | |
| Cash Fr. Finan. | 0 | 3 | -1 | 9 | -1 | |
| Net Change | 0 | 1 | 0 | -2 | 2 | |
| Cash & Cash Eqvt | 2 | 3 | 3 | 1 | 3 |
|
Thu, 28 Apr 2022
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A Format of Initial Disclosure to be made by an entity identified as a Large Corporate.
We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26 2018. No Name of the Company Secretary: Bhavisha Kunal Chauhan Designation: Company Secretary and Compliance officer EmailId: CS@meeraind.com Name of the Chief Financial Officer: Vinod Ojha Designation: CFO EmailId: Finance@meeraind.com Date: 28/04/2022 Note: In terms para of 3.2(ii) of the circular beginning F.Y 2022 in the event of shortfall in the mandatory borrowing through debt securities a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore an entity identified as LC shall provide in its initial disclosure for a financial year the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets. |
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Wed, 27 Apr 2022
Compliance Certificate Under Regulation 7 (3) For The Period Ended March 2022. Compliance Certificate under Regulation 7 (3) for the period ended March 2022. |
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Wed, 27 Apr 2022
Compliance Certificate Under Regulation 7 (3) For The Period Ended March 2022. Compliance Certificate under Regulation 7 (3) for the period ended March 2022. |
| Wed, 18 May 2022 |
High Increase 2 Years
|
High Increase 5 Years
|
50 SMA Crossing 100 SMA From Above
|
Closing Near 20 SMA
|
CCI Trending Up
|
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