MarketFriction

Meyer Apparel Ltd

BSE 531613 · Gems, Jewellery And Watches
₹1.83 -1.61%
BSE close2026-10-01
Market cap₹15.5 Cr.

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales0.621.111.480.310.380.260.250.080.000.010.000.00
Expenses1.241.561.840.590.690.530.520.270.180.150.220.19
Operating Profit-0.62-0.45-0.36-0.28-0.31-0.27-0.27-0.19-0.18-0.14-0.22-0.19
OPM %-100.00%-40.54%-24.32%-90.32%-81.58%-103.85%-108.00%-237.50%-1,400.00%
Other Income0.060.090.010.010.020.010.040.000.000.000.00-0.48
Interest0.010.010.000.000.000.000.000.000.010.020.020.03
Depreciation0.010.010.010.000.000.000.000.000.000.000.000.00
Profit before tax-0.58-0.38-0.36-0.27-0.29-0.26-0.23-0.19-0.19-0.16-0.24-0.70
Tax %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Net Profit-0.57-0.37-0.36-0.27-0.30-0.27-0.23-0.19-0.19-0.17-0.24-0.70
EPS in Rs-0.07-0.05-0.04-0.03-0.04-0.03-0.03-0.02-0.02-0.02-0.03-0.09
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales27.7020.2811.098.595.422.614.306.304.281.200.090.01
Expenses27.4122.2315.8710.4310.434.126.068.366.322.300.810.74
Operating Profit0.29-1.95-4.78-1.84-5.01-1.51-1.76-2.06-2.04-1.10-0.72-0.73
OPM %1.05%-9.62%-43.10%-21.42%-92.44%-57.85%-40.93%-32.70%-47.66%-91.67%-800.00%-7,300.00%
Other Income-29.731.333.330.48-1.430.840.740.430.260.06-0.01-0.48
Interest0.210.140.180.120.270.200.020.040.030.010.050.08
Depreciation0.440.400.440.890.780.580.030.020.020.020.010.00
Profit before tax-30.09-1.16-2.07-2.37-7.49-1.45-1.07-1.69-1.83-1.07-0.79-1.29
Tax %15.92%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Net Profit-34.87-1.16-2.08-2.37-7.49-1.45-1.07-1.68-1.83-1.07-0.79-1.30
EPS in Rs-4.33-0.14-0.26-0.29-0.93-0.18-0.13-0.21-0.23-0.13-0.10-0.16
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth-44%-49%-76%-99%
Compounded Profit Growth7%9%17%17%
Stock Price CAGR-4%5%-6%-24%
Return on Equity%%%%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital24.2724.2724.2724.2724.2724.2724.2724.2724.2724.2724.2724.27
Reserves1.84-33.03-36.61-38.48-40.84-49.87-51.40-52.46-54.15-55.98-57.05-57.83
Borrowings1.450.490.540.350.142.320.000.000.000.000.000.68
Other Liabilities12.3643.1838.9937.4537.0236.5234.8133.6433.8733.5233.4333.59
Total Liabilities39.9234.9127.1923.5920.5913.247.685.453.991.810.650.71
Fixed Assets2.892.782.712.171.203.040.490.110.130.120.060.03
CWIP0.000.000.000.000.000.000.000.000.000.000.000.00
Investments9.8711.705.305.305.301.651.250.620.000.000.000.00
Other Assets27.1620.4319.1816.1214.098.555.944.723.861.690.590.68
Total Assets39.9234.9127.1923.5920.5913.247.685.453.991.810.650.71
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity3.621.40-6.20-2.52-0.930.930.48-2.33-0.830.01-0.01-0.65
Cash from Investing Activity-0.49-2.225.623.870.20-0.131.021.300.84-0.010.020.01
Cash from Financing Activity-2.96-0.94-0.10-0.37-0.20-0.74-0.640.00-0.01-0.01-0.010.64
Net Cash Flow0.17-1.76-0.680.98-0.930.060.85-1.03-0.01-0.020.000.00
Free Cash Flow3.340.94-4.531.12-0.930.800.69-1.65-0.860.000.01-0.64
CFO/OP-2,413%483%318%53%43%-14%-14%135%41%-1%2%89%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days117.52101.99143.80147.12108.3547.142.8061.9712.172.563.040.00
Inventory Days172.67165.54214.18258.05514.85288.38669.50362.69257.65125.7123.66547.50
Days Payable188.04148.9041.5080.04157.35161.7588.733.4718.040.000.00866.87
Cash Conversion Cycle102.15118.64316.49325.13465.86173.77583.57421.19251.78128.2726.70-319.38
Working Capital Days84.27-300.56-397.22-790.23-1,027.86-2,072.82-4,273.72-2,460.78-1,736.36-2,712.77-9,982.75-136,307.22
ROCE %0.68%-0.21%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters74.31%74.31%74.31%74.31%74.31%74.31%74.31%74.31%74.31%74.31%74.31%74.31%
DIIs0.36%0.36%0.36%0.36%0.36%0.36%0.36%0.36%0.33%0.33%0.33%0.33%
Public25.33%25.33%25.33%25.33%25.33%25.32%25.33%25.34%25.37%25.36%25.36%25.36%
No. of Shareholders6,8706,8256,8476,8856,8916,9227,7637,9428,2138,3178,4418,312

Fundamentals

Market Cap₹ 15.5 Cr.
Current Price₹ 1.92
Book Value₹ -4.17
ROCE%
ROE%
Dividend Yield0.00 %
Face Value₹ 3.00
Compounded Sales Growth (TTM)-99%
Compounded Profit Growth (TTM)17%
Standalone figures.
Valuation
Market capRs 15 Cr
Enterprise valueRs 15 Cr
Price to book-0.44x
Price to sales164.16x
EV / sales171.27x
Earnings yield-8.80%
P/B, 3-year average-0.50x
P/B, 5-year average-0.46x
Profitability
Operating margin (excl. other income)-800.00%
Operating margin (incl. other income)-811.11%
EBITDA margin-1333.33%
Pre-tax margin-1433.33%
Net profit margin-1444.44%
ROE2.38%
ROA-116.18%
ROE, 3-year average3.88%
ROA, 3-year average-88.76%
ROE, 5-year average4.26%
ROA, 5-year average-63.63%
Other income / net worth0.03%
Growth
Sales growth (latest year)-92.50%
Sales CAGR, 3 years-75.74%
Sales CAGR, 5 years-49.01%
Per share
EPS (TTM)Rs -0.16
EPS (latest year)Rs -0.10
EPS (latest quarter)Rs -0.09
EPS, 3-year averageRs -0.15
EPS, 5-year averageRs -0.16
Book value per shareRs -4.16
Sales per shareRs 0.01
Cash flow per shareRs -0.08
Free cash flow per shareRs -0.08
Efficiency
Asset turnover0.13x
Fixed asset turnover3.00x
Inventory turnover0.75x
Inventory days487 days
Creditor days867 days
Cash conversion cycle-319 days
Working capital days-136307 days
Leverage
Total debtRs 1 Cr
Cash and bankRs 0 Cr
Net debtRs 1 Cr
Debt to equity-0.02x
Interest coverage-15.12x
Owners' fund to total sources-4726.76%
Debt to assets95.77%
Cash flow
Cash from Operating Activity (latest year)Rs -1 Cr
Cash from Investing Activity (latest year)Rs 0 Cr
Cash from Financing Activity (latest year)Rs 1 Cr
Free cash flow (latest year)Rs -1 Cr
Statement figures
Net sales (TTM)Rs 0 Cr
Net sales (latest year)Rs 0 Cr
Operating profit excl. other income (latest year)Rs -1 Cr
Operating profit (latest quarter)Rs -0 Cr
Other income (TTM)Rs -0 Cr
EBITDA (TTM)Rs -1 Cr
PBDT (TTM)Rs -1 Cr
Profit before tax (TTM)Rs -1 Cr
Net profit (TTM)Rs -1 Cr
Net profit (latest year)Rs -1 Cr
Net profit (latest quarter)Rs -1 Cr
Depreciation (TTM)Rs 0 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 0 Cr
Total expenditure (latest year)Rs 1 Cr
Total income (latest year)Rs 0 Cr
Share capitalRs 24 Cr
ReservesRs -58 Cr
Shareholders' fundsRs -34 Cr
Total assetsRs 1 Cr
Net blockRs 0 Cr
InventoryRs 0 Cr
Other liabilitiesRs 34 Cr
Shares outstanding (crore)8.07
Ownership
Promoter holding74.31% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
Period531613Nifty 50Difference
1 week-7.6%-2.8% -4.8 pts
1 month-33.9%-6.8% -27.1 pts
3 months-24.7%-7.6% -17.1 pts
3 years-20.1%+14.2% -34.3 pts
5 years+28.0%+27.9% +0.1 pts

Red flags

F-score 3 of 8
seriousNegative equity Shareholders' equity is negative
lookInventory outrunning sales Inventory grew 71% vs sales -92% in 2026
lookRepeated losses Net loss in each of the last two years
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹0 Cr -100.0% vs Jun 2025. Net loss ₹1 Cr.

Activity

Compare
CompanyMcap (Cr)P/EROCE
Titan Company Ltd415,04071.120.5 %
Kalyan Jewellers India Ltd58,74840.221.2 %
Lalithaa Jewellery Mart Ltd20,98922.038.0 %
Thangamayil Jewellery Ltd16,17741.225.5 %
PC Jeweller Ltd12,97616.79.60 %
Sky Gold & Diamonds Ltd12,71338.027.0 %
Bluestone Jewellery & Lifestyle Ltd12,3152196.78 %
P N Gadgil Jewellers Ltd8,61219.221.0 %
Timex Group India Ltd7,36082.582.8 %
Ethos Ltd6,66263.110.4 %
Senco Gold Ltd5,3639.4021.2 %
Goldiam International Ltd4,86123.025.8 %
KDDL Ltd4,83649.311.7 %
Tribhovandas Bhimji Zaveri Ltd4,18419.621.9 %
D.P. Abhushan Ltd3,79615.839.6 %
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Meyer Apparel Ltd?

Meyer Apparel Ltd (531613) has a market capitalisation of Rs 15.5 Cr. at the 2026-10-01 close.

What were Meyer Apparel Ltd's latest quarterly results?

In the Jun 2026 quarter, Meyer Apparel Ltd sales was Rs 0 Cr (-100.0% vs Jun 2025) with a net loss of Rs 1 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03