Meera Industries Ltd - Stock Valuation and Financial Performance

BSE: 540519 | NSE: | Textile - Machinery | Small Cap

Meera Industries Share Price

72.90 -1.48 -1.99%
as on 20-Dec'24 16:59

DeciZen - make an informed investing decision on Meera Industries

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Meera Industries stock performance -

mw4me loader
P/E Ratio (SA):
23.89
Market Cap:
77.9 Cr.
52-wk low:
36.5
52-wk high:
140

Is Meera Industries Ltd an attractive stock to invest in?

1. Is Meera Industries Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Meera Industries Ltd is a average quality company.

2. Is Meera Industries Ltd undervalued or overvalued?

The key valuation ratios of Meera Industries Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Meera Industries Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Meera Industries Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Meera Industries:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Meera Industries Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'16Jan'17Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 23.1%0%44.7%53.4%53.4%4.5%12.2%16.3%-6.9%6.6%-
Value Creation
Index
0.7NA2.22.82.8-0.7-0.10.2-1.5-0.5-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 8.113.313.221.134.520.121.931.818.730.138
Sales YoY Gr.-65%-1.1%60.6%63.3%-41.7%8.8%45.1%-41.1%61%-
Adj EPS 0.63.91.52.74.50.41.92.4-1.91.43.1
YoY Gr.-522.2%-62.5%82.3%67.2%-91.1%385%23.7%-180.4%NA-
BVPS (₹) 4.316.75.59.814.521.72324.422.824.126
Adj Net
Profit
0.41.112.54.20.42.12.6-2.11.53
Cash Flow from Ops. 1.71.10.2-0.52.4-5.67.42.61.4-1.4-
Debt/CF from Ops. 0.100-0.600000-2.5-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 15.8%-2.7%11.3%61%
Adj EPS 9.1%-21%-10.7%NA
BVPS21.1%10.7%1.6%6.1%
Share Price - 7.2% -0.4% 91.9%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'16Jan'17Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
1526.930.338.936.92.38.710.1-8.25.912.2
Op. Profit
Mgn %
10.711.910.816.116.7214.814.9-5.99.912.9
Net Profit
Mgn %
5.28.27.61212.32.19.58.1-114.98.6
Debt to
Equity
0000000000.10.1
Working Cap
Days
7771729811027927717930719583
Cash Conv.
Cycle
9-8325358588731448038

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 12.20%

Sales growth is growing at healthy rate in last 3 years 11.25%

Sales growth is good in last 4 quarters at 76.63%

Net Profit has been subdued in last 3 years -10.73%

Latest Financials - Meera Industries Ltd.

Standalone Consolidated
TTM EPS (₹) 3.1 3
TTM Sales (₹ Cr.) 38 38
BVPS (₹.) 26 26.4
Reserves (₹ Cr.) 17 18
P/BV 2.81 2.76
PE 23.89 23.95
From the Market
52 Week Low / High (₹) 36.46 / 140.00
All Time Low / High (₹) 12.73 / 163.75
Market Cap (₹ Cr.) 77.9
Equity (₹ Cr.) 10.7
Face Value (₹) 10
Industry PE 65.8

Management X-Ray of Meera Industries:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Meera Industries

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales7.858.0613.1521.1234.4820.1221.8931.7718.7230.14
Operating Expenses 7.217.2011.7417.7328.7119.7218.6627.0519.8227.19
Manufacturing Costs00.771.161.292.261.371.692.241.502.28
Material Costs4.944.597.2812.5020.5611.7812.1516.9411.7917.54
Employee Cost 0.600.611.171.592.482.782.683.893.373.69
Other Costs 1.671.232.122.353.433.792.143.983.153.67
Operating Profit 0.640.861.423.395.760.403.234.72-1.102.95
Operating Profit Margin (%) 8.1%10.7%10.8%16.0%16.7%2.0%14.8%14.9%-5.9%9.8%
Other Income 0.160.130.340.450.830.850.370.230.300.04
Interest 0.030.030.040.040.080.040.030.220.100.11
Depreciation 0.310.320.250.300.370.420.681.011.091.24
Exceptional Items 0000-0.03-0.0100.200.130
Profit Before Tax 0.460.641.463.506.120.792.893.92-1.851.65
Tax 0.230.220.400.881.630.230.771.1000.18
Profit After Tax 0.230.421.062.614.490.562.122.81-1.841.47
PAT Margin (%) 2.9%5.2%8.1%12.4%13.0%2.8%9.7%8.9%-9.9%4.9%
Adjusted EPS (₹)0.40.61.62.84.80.52.02.6-1.71.4
Dividend Payout Ratio (%)0%0%27%33%26%191%35%19%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 2.692.873.769.2213.7023.1824.5826.1024.3025.77
Share Capital 1.111.112.853.933.9310.6810.6810.6810.6810.68
Reserves 1.581.760.915.299.7812.5013.9015.4213.6215.09
Minority Interest0000000000
Debt0.080.0800.18000003.23
Long Term Debt0.080.0800.18000002.76
Short Term Debt0000000000.47
Trade Payables0.711.111.702.604.693.864.5656.312.85
Others Liabilities 1.481.692.462.842.962.224.044.675.155.12
Total Liabilities 4.955.757.9114.8421.3629.2533.1735.7735.7636.97

Fixed Assets

Gross Block3.393.914.085.357.0312.1916.3520.1424.7325.08
Accumulated Depreciation1.211.882.142.392.352.723.254.255.346.58
Net Fixed Assets2.182.031.942.964.699.4813.1015.8819.3818.50
CWIP 0000.1100.170.572.900.020.37
Investments 00.230.250.820.650.710.690.390.150.15
Inventories0.340.591.232.385.877.347.668.589.978.71
Trade Receivables0.910.680.993.633.321.984.013.832.662.49
Cash Equivalents 11.832.213.113.101.053.450.780.521.50
Others Assets0.510.391.281.823.748.533.683.403.055.24
Total Assets 4.955.757.9114.8421.3629.2533.1735.7735.7636.97

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 1.441.650.23-0.492.44-5.637.412.581.39-1.39
PBT 0.460.641.463.506.120.792.893.92-1.851.65
Adjustment 0.300.250.170.120.150.310.851.4511.31
Changes in Working Capital 0.881.11-0.94-3.34-1.98-6.263.93-1.482.9-4.38
Tax Paid -0.20-0.34-0.45-0.77-1.85-0.47-0.26-1.30-0.660.04
Cash Flow From Investing Activity -0.60-0.74-0.11-1.83-1.59-5.33-5.02-2.45-1.32-0.69
Capex -0.33-0.59-0.17-1.42-1.86-5.33-4.29-3.71-1.33-0.71
Net Investments 0-0.23-0.020.130.20-0.02-0.751.2300
Others -0.270.070.08-0.530.070.030.020.0300.02
Cash Flow From Financing Activity -0.06-0.080.253.21-0.858.91-0.74-1.57-0.333.06
Net Proceeds from Shares 000.303.89011.750000
Net Proceeds from Borrowing 0000000000
Interest Paid -0.03000000.020.02-0.08-0.08
Dividend Paid 000-0.79-0.47-1.78-0.53-1.2800
Others -0.03-0.08-0.050.11-0.38-1.05-0.22-0.31-0.243.14
Net Cash Flow 0.770.830.380.890-2.051.65-1.44-0.260.98
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)8.9215.0932.140.2939.173.038.8911.11-7.325.85
ROCE (%)1823.0644.6753.3853.44.4512.2416.32-6.946.57
Asset Turnover Ratio1.781.511.931.861.910.80.70.920.520.83
PAT to CFO Conversion(x)6.263.930.22-0.190.54-10.053.50.92N/A-0.95
Working Capital Days
Receivable Days44362340374850456331
Inventory Days232125314412012593181113
Payable Days637270636513212610317595

Meera Industries Ltd Stock News

Meera Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Meera Industries on 20-Dec-2024 16:59 is ₹72.90.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 20-Dec-2024 16:59 the market cap of Meera Industries stood at ₹77.85.
The latest P/E ratio of Meera Industries as of 20-Dec-2024 16:59 is 23.89.
The latest P/B ratio of Meera Industries as of 20-Dec-2024 16:59 is 2.81.
The 52-week high of Meera Industries is ₹140.0 and the 52-week low is ₹36.46.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Meera Industries is ₹38.01 ( Cr.) .

About Meera Industries Ltd

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