Meera Industries Ltd.
Snapshot View

84.80 -0.50 ▼-0.6%

23 July 2021, 04:00:00 P.M.
Volume: 4,800

Overview View Details

Sector Textile Compare with Sector peers
Industry Textile - Machinery Compare with Industry peers
Website http://www.meeraind.com
Financial Indicators
Market Cap 90.56 Cr.
Earnings per share (EPS) 2.08 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 40.74 Trailing Twelve Months Ending 2021-03
Industry PE 127.37 Trailing Twelve Months Ending 2021-03
Book Value / Share 21.88 Trailing Twelve Months Ending 2021-03
Price to Book Value 3.88 Calculated using Price: 84.80
Dividend Yield 1.18 Period Ending 2020-03
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.

 

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-0.59%
1 Week
-6.81%
1 Month
-12.12%
3 Month
+22.90%
6 Month
+5.34%
1 Year
+98.13%
2 Year
-2.16%
5 Year
4 years 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 28.31 38.62 42.80 2.79
Return on Capital Employed (%) 39.81 51.96 57.49 4.20
Return on Assets (%) 13.44 21.88 27.08 2.03

Balance Sheet View Details

Particulars 4 years 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 4 9 14 23
Non Curr. Liab. 0 0 0 0
Curr. Liab. 4 5 7 6
Minority Int.
Equity & Liab. 8 15 22 30
Non Curr. Assets 2 3 6 15
Curr. Assets 6 11 16 15
Misc. Exp. not W/O
Total Assets 8 15 22 30

Profit Loss View Details

Particulars 4 years 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 13 21 36 20
Other Income 0 0 1 1
Total Income 13 22 36 21
Total Expenditure -12 -18 -29 -20
PBIDT 2 4 7 1
Interest 0 0 0 0
Depreciation 0 0 0 0
Taxation 0 -1 -2 0
Exceptional Items 0 0
PAT 1 2 5 1

Cash Flow View Details

Particulars 4 years 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 0 -1 2 -6
Cash Fr. Inv. 0 -1 -2 -5
Cash Fr. Finan. 0 3 -1 9
Net Change 0 1 0 -2
Cash & Cash Eqvt 2 3 3 1

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 62.93 63.15 63.56 63.86 63.86 63.86 63.86 64.18 64.19
Public 37.07 36.85 36.44 36.14 36.14 36.14 36.14 35.82 35.81
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Thu, 22 Jul 2021
Shareholding for the Period Ended June 30 2021
Meera Industries Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here
Thu, 08 Jul 2021
Non-Applicability Of Regulation 23(9) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015
Non-Applicability Of Regulation 23(9) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015
Wed, 07 Jul 2021
Statement Of Investor Complaints For The Quarter Ended June 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter
0000
Name of the Signatory :- BHAVISHA KHAKHKHAR
Designation :- Company Secretary and Compliance Officer

Technical Scans View Details

Fri, 23 Jul 2021
Both SRS And ARS Above Zero Both SRS And ARS Above Zero
Close Crossing Current Month Low Close Crossing Current Month Low
Close Crossing Current Week Low Close Crossing Current Week Low
Closing Near 50 EMA Closing Near 50 EMA
MACD Moving Below Zero MACD Moving Below Zero

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