Price
Financials
Standalone, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 6.79 | 7.61 | 9.60 | 9.91 | 10.90 | 11.64 | 7.81 | 9.48 | 9.67 | 8.79 | 8.81 | 12.35 |
| Expenses | 6.13 | 6.76 | 8.67 | 8.73 | 8.96 | 9.57 | 7.03 | 8.32 | 8.43 | 8.17 | 9.23 | 10.95 |
| Operating Profit | 0.66 | 0.85 | 0.93 | 1.18 | 1.94 | 2.07 | 0.78 | 1.16 | 1.24 | 0.62 | -0.42 | 1.40 |
| OPM % | 9.72% | 11.17% | 9.69% | 11.91% | 17.80% | 17.78% | 9.99% | 12.24% | 12.82% | 7.05% | -4.77% | 11.34% |
| Other Income | 0.00 | 0.01 | 0.03 | 0.07 | 0.08 | 0.03 | 0.14 | 0.29 | 0.13 | 0.25 | 0.34 | 0.20 |
| Interest | 0.03 | 0.02 | 0.04 | 0.03 | 0.06 | 0.04 | 0.09 | 0.16 | 0.19 | 0.19 | 0.30 | 0.18 |
| Depreciation | 0.31 | 0.31 | 0.31 | 0.32 | 0.32 | 0.31 | 0.32 | 0.44 | 0.45 | 0.45 | 0.44 | 0.47 |
| Profit before tax | 0.32 | 0.53 | 0.61 | 0.90 | 1.64 | 1.75 | 0.51 | 0.85 | 0.73 | 0.23 | -0.82 | 0.95 |
| Tax % | 3.12% | 13.21% | 0.00% | 0.00% | 21.34% | 22.86% | 29.41% | 23.53% | 27.40% | -30.43% | -23.17% | 25.26% |
| Net Profit | 0.31 | 0.46 | 0.60 | 0.90 | 1.29 | 1.34 | 0.36 | 0.65 | 0.53 | 0.31 | -0.64 | 0.71 |
| EPS in Rs | 0.14 | 0.21 | 0.28 | 0.42 | 0.60 | 0.63 | 0.17 | 0.30 | 0.25 | 0.14 | -0.30 | 0.33 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 7.95 | 13.03 | 21.06 | 34.46 | 20.16 | 21.89 | 31.77 | 18.72 | 30.14 | 40.26 | 36.75 | 39.62 |
| Expenses | 7.08 | 11.62 | 17.68 | 28.70 | 19.75 | 18.65 | 27.04 | 19.79 | 27.18 | 34.30 | 34.15 | 36.78 |
| Operating Profit | 0.87 | 1.41 | 3.38 | 5.76 | 0.41 | 3.24 | 4.73 | -1.07 | 2.96 | 5.96 | 2.60 | 2.84 |
| OPM % | 10.94% | 10.82% | 16.05% | 16.72% | 2.03% | 14.80% | 14.89% | -5.72% | 9.82% | 14.80% | 7.07% | 7.17% |
| Other Income | 0.12 | 0.34 | 0.45 | 0.81 | 0.84 | 0.37 | 0.42 | 0.41 | 0.04 | 0.32 | 1.00 | 0.92 |
| Interest | 0.03 | 0.03 | 0.04 | 0.08 | 0.04 | 0.03 | 0.22 | 0.10 | 0.11 | 0.22 | 0.83 | 0.86 |
| Depreciation | 0.32 | 0.25 | 0.30 | 0.37 | 0.42 | 0.68 | 1.01 | 1.09 | 1.24 | 1.27 | 1.78 | 1.81 |
| Profit before tax | 0.64 | 1.47 | 3.49 | 6.12 | 0.79 | 2.90 | 3.92 | -1.85 | 1.65 | 4.79 | 0.99 | 1.09 |
| Tax % | 34.38% | 27.21% | 25.21% | 26.63% | 29.11% | 26.55% | 28.32% | 0.00% | 10.91% | 19.00% | 15.15% | |
| Net Profit | 0.42 | 1.06 | 2.61 | 4.49 | 0.56 | 2.12 | 2.81 | -1.84 | 1.47 | 3.89 | 0.85 | 0.91 |
| EPS in Rs | 0.79 | 0.77 | 1.37 | 2.36 | 0.26 | 0.99 | 1.31 | -0.86 | 0.69 | 1.82 | 0.40 | 0.42 |
| Dividend Payout % | 0.00% | 26.89% | 33.13% | 26.26% | 190.71% | 60.45% | 0.00% | 0.00% | 0.00% | 13.73% | 62.82% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 17% | 11% | 25% | -1% | ||
| Compounded Profit Growth | 6% | -19% | 34% | -74% | ||
| Stock Price CAGR | % | -8% | 11% | -17% | ||
| Return on Equity | 9% | 5% | 8% | 3% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1.11 | 1.11 | 2.85 | 3.93 | 3.93 | 10.68 | 10.68 | 10.68 | 10.68 | 10.68 | 10.68 | 10.68 |
| Reserves | 1.58 | 1.76 | 0.91 | 5.29 | 9.78 | 12.50 | 13.90 | 15.42 | 13.62 | 15.09 | 18.17 | 18.78 |
| Borrowings | 0.15 | 0.08 | 0.01 | 0.28 | 0.00 | 0.00 | 0.00 | 1.25 | 1.01 | 4.15 | 8.21 | 5.93 |
| Other Liabilities | 2.11 | 2.80 | 4.14 | 5.36 | 7.64 | 6.08 | 7.97 | 7.96 | 9.88 | 7.06 | 5.63 | 9.69 |
| Total Liabilities | 4.95 | 5.75 | 7.91 | 14.86 | 21.35 | 29.26 | 32.55 | 35.31 | 35.19 | 36.98 | 42.69 | 45.08 |
| Fixed Assets | 2.18 | 2.03 | 1.94 | 2.96 | 4.69 | 9.48 | 13.10 | 15.88 | 19.38 | 18.50 | 18.30 | 24.71 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.11 | 0.00 | 0.17 | 0.57 | 2.90 | 0.02 | 0.37 | 7.32 | 0.00 |
| Investments | 0.00 | 1.12 | 0.25 | 0.82 | 0.65 | 0.71 | 0.69 | 0.39 | 0.15 | 0.15 | 0.16 | 0.84 |
| Other Assets | 2.77 | 2.60 | 5.72 | 10.97 | 16.01 | 18.90 | 18.19 | 16.14 | 15.64 | 17.96 | 16.91 | 19.53 |
| Total Assets | 4.95 | 5.75 | 7.91 | 14.86 | 21.35 | 29.26 | 32.55 | 35.31 | 35.19 | 36.98 | 42.69 | 45.08 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 1.44 | 1.65 | 0.23 | -0.49 | 2.44 | -5.63 | 7.41 | 2.58 | 1.39 | -1.39 | 5.46 | 6.33 |
| Cash from Investing Activity | -0.60 | -0.74 | -0.11 | -1.83 | -1.59 | -5.33 | -5.02 | -2.45 | -1.32 | -0.69 | -8.37 | -2.49 |
| Cash from Financing Activity | -0.06 | -0.08 | 0.25 | 3.21 | -0.85 | 8.91 | -0.74 | -1.59 | -0.33 | 3.06 | 3.11 | -3.29 |
| Net Cash Flow | 0.77 | 0.83 | 0.38 | 0.89 | 0.00 | -2.05 | 1.65 | -1.46 | -0.26 | 0.98 | 0.20 | 0.54 |
| Free Cash Flow | 1.11 | 1.06 | 0.06 | -1.91 | 0.58 | -10.97 | 3.09 | -1.46 | -0.32 | -2.10 | -2.99 | 5.45 |
| CFO/OP | 256% | 229% | 48% | 8% | 74% | -1,259% | 237% | 82% | -192% | -48% | 97% | 277% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 42.31 | 31.22 | 27.73 | 62.91 | 35.17 | 35.85 | 66.86 | 44.00 | 51.86 | 30.40 | 60.47 | 45.09 |
| Inventory Days | 25.12 | 46.92 | 61.67 | 69.50 | 104.26 | 227.43 | 230.30 | 184.87 | 308.39 | 181.15 | 104.99 | 138.64 |
| Days Payable | 73.15 | 88.27 | 85.23 | 75.92 | 83.30 | 119.60 | 137.10 | 107.73 | 194.87 | 57.61 | 51.73 | 100.42 |
| Cash Conversion Cycle | -5.71 | -10.13 | 4.17 | 56.49 | 56.12 | 143.68 | 160.07 | 121.14 | 165.39 | 153.93 | 113.73 | 83.31 |
| Working Capital Days | -10.23 | -49.58 | -13.73 | 42.81 | 46.08 | 120.94 | 117.89 | 88.35 | 93.39 | 103.78 | 51.68 | 39.33 |
| ROCE % | 17.98% | 23.49% | 44.64% | 52.30% | 52.31% | 4.12% | 12.23% | 14.94% | -7.14% | 6.37% | 14.96% | 4.69% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 64.19% | 64.19% | 64.19% | 64.19% | 64.19% | 61.40% | 61.40% | 61.40% | 61.69% | 61.69% | 61.69% | 61.69% |
| Public | 35.80% | 35.80% | 35.81% | 35.81% | 35.82% | 38.61% | 38.60% | 38.60% | 38.32% | 38.32% | 38.30% | 38.31% |
| No. of Shareholders | 3,164 | 3,137 | 3,568 | 3,612 | 3,937 | 4,932 | 4,682 | 4,742 | 4,490 | 4,552 | 4,673 | 4,263 |
Fundamentals
Market Cap₹ 60.4 Cr.
Current Price₹ 28.3
Stock P/E66.4
Book Value₹ 13.8
ROCE4.69 %
ROE2.57 %
Dividend Yield0.88 %
Face Value₹ 5.00
Compounded Sales Growth (TTM)-1%
Compounded Profit Growth (TTM)-74%
Standalone figures.
Valuation
Market capRs 60 Cr
Enterprise valueRs 65 Cr
P/E (TTM)66.03x
Price to book2.04x
Price to sales1.52x
EV / EBITDA17.30x
EV / EBIT33.36x
EV / sales1.64x
Price to cash flow9.49x
Earnings yield1.51%
Dividend yield0.88%
P/E, 3-year average11.80x
P/B, 3-year average0.97x
P/E, 5-year average14.17x
P/B, 5-year average1.19x
Profitability
Operating margin (excl. other income)7.07%
Operating margin (incl. other income)9.80%
EBITDA margin9.49%
Pre-tax margin2.75%
Net profit margin2.30%
Net margin, latest quarter5.75%
ROE2.92%
ROCE5.02%
ROA1.94%
ROE, 3-year average7.68%
ROCE, 3-year average8.79%
ROA, 3-year average5.26%
ROE, 5-year average5.36%
ROCE, 5-year average7.13%
ROA, 5-year average3.77%
ROIC (approx.)4.81%
Tax rate15.15%
Other income / net worth3.39%
Growth
Sales growth (latest year)-8.72%
Profit growth (latest year)-78.15%
Sales CAGR, 3 years25.21%
Sales CAGR, 5 years10.92%
Profit CAGR, 5 years-16.71%
Sales growth QoQ40.18%
Sales growth YoY (latest quarter)30.27%
Profit growth YoY (latest quarter)9.23%
Per share
EPS (TTM)Rs 0.43
EPS (latest quarter)Rs 0.33
EPS, 3-year averageRs 2.51
EPS, 5-year averageRs 1.48
Book value per shareRs 13.79
Sales per shareRs 18.55
Cash flow per shareRs 2.96
Free cash flow per shareRs 2.55
Dividend per share, 3-year averageRs 0.50
Dividend per share, 5-year averageRs 0.50
Dividends
Dividend payout62.35%
Dividend payout, 3-year average37.99%
Dividend payout, 5-year average37.99%
Efficiency
Asset turnover0.82x
Fixed asset turnover1.49x
Inventory turnover2.63x
Inventory days139 days
Debtor days45 days
Debtors turnover8.09x
Creditor days100 days
Cash conversion cycle83 days
Working capital days39 days
Leverage
Total debtRs 6 Cr
Cash and bankRs 1 Cr
Net debtRs 5 Cr
Debt to equity0.20x
Net debt / EBITDA1.32x
Interest coverage2.27x
Owners' fund to total sources65.35%
Debt to assets13.15%
Cash flow
Cash from Operating Activity (latest year)Rs 6 Cr
Cash from Investing Activity (latest year)Rs -2 Cr
Cash from Financing Activity (latest year)Rs -3 Cr
Net Cash Flow (latest year)Rs 1 Cr
Free cash flow (latest year)Rs 5 Cr
FCFE (approx.: FCF + change in debt)Rs 3 Cr
Cash from ops / profit, 5 years2.00x
Sales to cash flow5.81x
Statement figures
Net sales (TTM)Rs 40 Cr
Net sales (latest year)Rs 37 Cr
Sales (latest quarter)Rs 12 Cr
Operating profit excl. other income (latest year)Rs 3 Cr
Operating profit (latest quarter)Rs 1 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 4 Cr
PBDT (TTM)Rs 3 Cr
Profit before tax (TTM)Rs 1 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs 1 Cr
Net profit (latest year)Rs 1 Cr
Net profit (latest quarter)Rs 1 Cr
Depreciation (TTM)Rs 2 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 24 Cr
Total expenditure (latest year)Rs 34 Cr
Total income (latest year)Rs 38 Cr
Share capitalRs 11 Cr
ReservesRs 19 Cr
Shareholders' fundsRs 29 Cr
Total assetsRs 45 Cr
Net blockRs 25 Cr
InvestmentsRs 1 Cr
ReceivablesRs 5 Cr
InventoryRs 9 Cr
Other liabilitiesRs 10 Cr
Shares outstanding (crore)2.14
Ownership
Promoter holding61.69% (+0.29 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 66.0 is at the 72th percentile of its own 8.4-year range
(median 37.1, low 10.6, high 156.4).
P/B 2.04 is at the 19th percentile (median 3.22).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | 540519 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -0.2% | -2.8% | +2.6 pts |
| 1 month | -19.6% | -6.8% | -12.8 pts |
| 3 months | -37.1% | -7.6% | -29.5 pts |
| 3 years | +37.2% | +14.2% | +23.0 pts |
| 5 years | -33.9% | +27.9% | -61.8 pts |
Red flags
F-score 5 of 8| look | Inventory outrunning sales Inventory grew 31% vs sales -9% in 2026 |
| look | Profit leans on other income Other income was 101% of pre-tax profit in 2026 |
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 2026Sales ₹12 Cr +30.3% vs Jun 2025.
Net profit ₹1 Cr +9.2%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Indo-MIM Ltd | 61,719 | 95.6 | 25.0 % |
| Aditya Infotech Ltd | 46,814 | 98.1 | 28.6 % |
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| Honeywell Automation India Ltd | 30,038 | 53.7 | 17.0 % |
| Jyoti CNC Automation Ltd | 24,091 | 74.9 | 21.3 % |
| Kaynes Technology India Ltd | 23,605 | 68.0 | 12.7 % |
| LMW Ltd | 18,115 | 99.2 | 5.58 % |
| Lloyds Engineering Works Ltd | 15,850 | 70.9 | 16.1 % |
| Tega Industries Ltd | 15,481 | 8.14 % | |
| Kennametal India Ltd | 8,878 | 45.3 | 33.2 % |
| Dynamatic Technologies Ltd | 8,873 | 151 | 10.2 % |
| Standard Engineering Technology Ltd | 8,557 | 100 | 14.7 % |
| Raymond Ltd | 7,894 | 46.9 | 3.14 % |
| Omnitech Engineering Ltd | 6,939 | 66.8 | 17.6 % |
| GMM Pfaudler Ltd | 6,641 | 52.7 | 13.6 % |
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 Meera Industries Ltd?
Meera Industries Ltd (540519) has a market capitalisation of Rs 60.4 Cr. at the 2026-10-01 close.
What is the P/E ratio of Meera Industries Ltd?
Meera Industries Ltd trades at a P/E of 66.4 on trailing twelve-month profit, at the 2026-10-01 close.
What were Meera Industries Ltd's latest quarterly results?
In the Jun 2026 quarter, Meera Industries Ltd sales was Rs 12 Cr (+30.3% vs Jun 2025) and net profit was Rs 1 Cr.