540519 MEERA

Meera Industries Share PriceMeera Industries

₹40.00
0.05 (0.13%)
As on 07 December, 2023 | 02:15 BSE: 540519 NSE: MEERAISIN: INE343X01018

Meera Industries Performance

Day Range

  • Low
  • High
₹ 40.00

52 Week Range

  • Low
  • High
₹ 40.00
  • Open Price
  • Previous Close
  • Volume

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Meera Industries Share Price

  • Over 1 Month 1.96%
  • Over 3 Month -8.15%
  • Over 6 Month -14.58%
  • Over 1 Year -23.22%

Meera Industries Key Statistics

Meera Industries Investment Rating

  • Master Rating:
  • Meera Industries Ltd has an operating revenue of Rs. 22.75 Cr. on a trailing 12-month basis. An annual revenue de-growth of -35% needs improvement, Pre-tax margin of -7% needs improvement, ROE of -5% is poor and needs improvement. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. From an O'Neil Methodology perspective, the stock has an EPS Rank of 39 which is a POOR score indicating inconsistency in earnings, a RS Rating of 8 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 90 indicates it belongs to a poor industry group of Machinery-Gen Industrial and a Master Score of D is close to being the worst. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment. Please note that this is a thinly traded stock.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Meera Industries Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 7645466
Operating Expenses Qtr Cr 6645556
Operating Profit Qtr Cr 1100-100
Depreciation Qtr Cr 0000000
Interest Qtr Cr 0000000
Tax Qtr Cr 0000000
Net Profit Qtr Cr 00-10-100
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 1932
Operating Expenses Annual Cr 2027
Operating Profit Annual in Cr -15
Depreciation Cr 11
Interest Annual Cr 00
Tax Annual Cr 01
Net Profit Annual Cr -23
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 3
Cash from Investing Activity Annual Cr -2
Cash from Financing Annual Activity Cr -2
Net Cash Flow Annual Cr -1
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 2426
Fixed Assets Annual Cr 1919
Total Non Current Assets Annual Cr 2019
Total Current Assets Annual Cr 1616
Total Assets Annual Cr 3535
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 2324
ROE Annual % -811
ROCE Annual % -714
Total Debt to Total Equity Annual --
EBDIT Annual Margin % -415
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 7655566
Operating Expenses Qtr Cr 6655565
Operating Profit Qtr Cr 1100-100
Depreciation Qtr Cr 0000000
Interest Qtr Cr 0000000
Tax Qtr Cr 0000000
Net Profit Qtr Cr 0000-100
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 2132
Operating Expenses Annual Cr 2127
Operating Profit Annual in Cr 05
Depreciation Cr 11
Interest Annual Cr 00
Tax Annual Cr 01
Net Profit Annual Cr -13
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 3
Cash from Investing Activity Annual Cr -3
Cash from Financing Annual Activity Cr -2
Net Cash Flow Annual Cr -1
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 2526
Fixed Assets Annual Cr 1919
Total Non Current Assets Annual Cr 2019
Total Current Assets Annual Cr 1617
Total Assets Annual Cr 3636
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 2324
ROE Annual % -610
ROCE Annual % -514
Total Debt to Total Equity Annual --
EBDIT Annual Margin % -115

Meera Industries Technicals

EMA & SMA

Current Price
₹40.00
0.05 (0.13%)
pointer
  • Bullish Moving Average
  • ___
  • 10
  • Bearish Moving Average
  • ___
  • 6
  • 20 Day
  • ₹39.60
  • 50 Day
  • ₹40.05
  • 100 Day
  • ₹41.23
  • 200 Day
  • ₹44.44
  • 20 Day
  • ₹39.40
  • 50 Day
  • ₹39.59
  • 100 Day
  • ₹41.72
  • 200 Day
  • ₹42.20

Meera Industries Resistance and Support

PIVOT
₹40.
Resistance
First Resistance 40.49
Second Resistance 40.99
Third Resistance 41.48
RSI 52.92
MFI 39.40
MACD Single Line -0.05
MACD 0.05
Support
First Resistance 39.50
Second Resistance 39.01
Third Resistance 38.51

Meera Industries Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 20,835 1,752,640 84.12
Week 13,282 1,047,981 78.9
1 Month 8,828 583,777 66.13
6 Month 8,134 577,701 71.02

Meera Industries Result Highlights

Meera Industries Synopsis

BSE-Machinery-Gen Industrial

Meera Industries is involved in the business activities of Manufacture of machinery for washing, bleaching, dyeing, dressing, finishing coating or impregnating textile fabrics, machines for reeling, unreeling, folding, cutting or pinking textile fabrics, and similar machinery for fabric processing. Company’s Total Operating Revenue is Rs. 18.72 Cr. and Equity Capital is Rs. 10.68 Cr. for the Year ended 31/03/2023. Meera Industries Ltd. is a Public Limited Listed company incorporated on 05/07/2006 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L29298GJ2006PLC048627 and registration number is 048627.
Market Cap 43
Sales 22
Shares in Float 0.38
No of funds
Yield 1.09
Book Value 1.76
U/D Vol ratio 0.8
LTDebt / Equity
Alpha -0.14
Beta 1.15

Meera Industries

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 64.19%64.19%64.19%64.19%
Individual Investors 31.74%32.37%32.12%32.33%
Others 4.07%3.44%3.69%3.48%

Meera Industries Management

Name Designation
Mr. Dharmesh V Desai Chairman & Managing Director
Mrs. Bijal D Desai Whole Time Director
CA. Mayank Y Desai Non Executive Director
Mr. Hetal R Mehta Independent Director
CA. Sanjay N Mehta Independent Director

Meera Industries Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Meera Industries Corporate Action

Date Purpose Remarks
2023-11-08 Quarterly Results
2023-08-14 Quarterly Results
2023-05-30 Audited Results
2023-02-13 Quarterly Results
2022-11-14 Quarterly Results
Date Purpose Remarks
2022-02-28 INTERIM Rs.0.50 per share(5%)Interim Dividend
2021-09-24 FINAL Rs.0.70 per share(7%)Final Dividend

Meera Industries FAQs

What is Share Price of Meera Industries ?

Meera Industries share price is ₹40 As on 07 December, 2023 | 02:01

What is the Market Cap of Meera Industries ?

The Market Cap of Meera Industries is ₹42.7 Cr As on 07 December, 2023 | 02:01

What is the P/E ratio of Meera Industries ?

The P/E ratio of Meera Industries is -138.8 As on 07 December, 2023 | 02:01

What is the PB ratio of Meera Industries ?

The PB ratio of Meera Industries is 1.7 As on 07 December, 2023 | 02:01

Q2FY23