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Meenakshi India Ltd

Meenakshi India Ltd

MEEIND Share Price

BSE
₹384.900.48% (+1.85)
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With a market cap of ₹430 cr, stock is ranked 2,110

Stock is 3.68x as volatile as Nifty

MEEIND Stock Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

With a market cap of ₹430 cr, stock is ranked 2,110

Stock is 3.68x as volatile as Nifty

MEEIND Performance & Key Metrics

MEEIND Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
29.223.30—
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
25.385.210.63%

MEEIND Analyst Ratings & Forecast

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Analyst Ratings data is currently unavailable for this stock

Price Upside

Earnings Growth

Rev. Growth

MEEIND Company Profile

Meenakshi India Ltd is an integrated apparel manufacturer and textile trader producing readymade garments including chinos, cargos, jackets, skirts, and accessories, operating three manufacturing units in Tamil Nadu with exports to over 12 countries.

MEEIND Similar Stocks (Peers)

Compare with peers Compare with peers 

MEEIND Similar Stocks (Peers)

Compare with peers Compare with peers 
PE Ratio
49.42
49.42
1Y Return
17.28%
17.28%
Buy Reco %
69.57
69.57
PE Ratio
33.66
33.66
1Y Return
58.99%
58.99%
Buy Reco %
100.00
100.00
PE Ratio
39.94
39.94
1Y Return
82.26%
82.26%
Buy Reco %
87.50
87.50
PE Ratio
35.81
35.81
1Y Return
42.45%
42.45%
Buy Reco %
100.00
100.00
PE Ratio
38.39
38.39
1Y Return
32.92%
32.92%
Buy Reco %
85.71
85.71
Compare with Peers

MEEIND Sentiment Analysis

MEEIND Sentiment Analysis

New
Crisp summary & key insights to decode earnings calls instantly

MEEIND Stock Summary · August 2026

Management framed a strong operational reset and a strategic opportunity as India moves toward a multi-decade sourcing inflection, highlighting a meaningful rise in profitability alongside a liquid balance sheet; reported PAT was Rs. 712 lakhs (up ~153% YoY) and cash, bank balances and investments totalled about Rs. 80 crores. Management emphasised a deliberate premium bottomwear and outerwear strategy focused on manufacturing excellence, product complexity, sustainability and an in‑house washery as durable differentiators versus low‑cost hubs, while noting they compete on quality and long partnerships rather than price. They acknowledged tension between improved margins and volatile treasury-led other income (driven by unrealized investment gains and FX remeasurements that may not recur), slower U.S. volumes and tariff‑driven margin compression, and high customer concentration that raises relationship risk. Operationally they are running around two‑thirds utilization with phased capex of roughly INR 40–50 crore to scale capacity (Phase 1 around FY2028), expect ~70% utilization in FY2027, target ~17% EBITDA margin by FY2028, and have set conservative FY2030 goals of Rs. 500 crore revenue and Rs. 65 crore PAT.

MEEIND Stock Growth Drivers
MEEIND Stock Growth Drivers
8
  • Material financial recovery and strong liquidity

    The company delivered a pronounced financial rebound in Q1 with PAT of Rs. 712 lakhs

  • Durable premium positioning and customer retention

    The company has deliberately built a premium, trust-based manufacturing model over more than four decades,

MEEIND Stock Challenges
MEEIND Stock Challenges
6
  • Earnings Volatility from Non-Recurring Treasury and FX Gains

    Reported quarterly profitability was materially supported by investment- and market-linked items rather than core operations,

  • Tariff-Driven Margin Compression and Reduced U.S. Volumes

    Tariff changes in FY26, including Q1, have exerted sustained pressure on margins and volumes in

MEEIND Forecast

MEEIND Forecasts

empty forecast

Forecast data is currently unavailable

Forecast data is currently unavailable

Price

Price Upside

Revenue

Revenue Growth

Earnings

Earnings Per Share

MEEIND

MEEIND

Income

Balance Sheet

Cash Flow

MEEIND Income Statement

MEEIND Income Statement

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Quartersep 2014mar 2020dec 2020mar 2021mar 2025jun 2025sep 2025dec 2025mar 2026jun 2026
Total Revenue7.4130.4724.1334.0877.3837.4231.8742.2246.7139.36
Operating & Other expensessubtract8.7029.4921.9529.2746.5133.5629.8538.3638.3531.15
Depreciation/Amortizationsubtract0.480.780.270.420.460.460.500.500.570.48
Interest & Other Itemssubtract0.130.450.110.210.420.070.210.180.100.10
Taxes & Other Itemssubtract0.00-0.470.561.024.090.520.560.823.170.51
EPS-5.070.573.328.4322.552.510.682.104.026.34

MEEIND Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2026FY 2026

Annual report

PDF
 

MEEIND Stock Peers

MEEIND Past Performance & Peer Comparison

MEEIND Past Performance & Peer Comparison

Comparing 3 stocks from 
Consumer DiscretionaryApparel & Accessories

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Meenakshi India Ltd41.163.30—
Page Industries Limited49.4225.121.63%
Arvind Ltd33.663.360.85%
Pearl Global Industries Ltd39.947.710.60%
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MEEIND Stock Price Comparison

Compare MEEIND with any stock or ETF
Compare MEEIND with any stock or ETF
MEEIND
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MEEIND Holdings

MEEIND Shareholdings

MEEIND Promoter Holdings Trend

MEEIND Promoter Holdings Trend

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

MEEIND Institutional Holdings Trend

MEEIND Institutional Holdings Trend

Total Retail Holding
Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding
Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

MEEIND Shareholding Pattern

MEEIND Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding71.22%0.00%1.24%0.00%27.54%

Sep 2009

Dec 2009

Jun 2026

Sep 2026

MEEIND Shareholding History

MEEIND Shareholding History

JunSepDec '9JunSep0.00%0.00%0.00%0.00%0.00%

MEEIND Insider Trades & Bulk Stock Deals

MEEIND Insider Trades & Bulk Stock Deals

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smallcases containing MEEIND stock

smallcases containing MEEIND stock

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MEEIND Events

MEEIND Events

MEEIND Dividend Trend

No Dividends
Dividends are the portion of earnings that a company distributes to all its shareholders every year

MEEIND has not given any dividends in last 5 years

Dividends

Corp. Actions

Announcements

Legal Orders

MEEIND Dividend Trend

No Dividends
Dividends are the portion of earnings that a company distributes to all its shareholders every year

MEEIND has not given any dividends in last 5 years

MEEIND Dividends

MEEIND Dividends

Hmm, looks like data is unavailable here. Please come back after some time

MEEIND Stock News & Opinions

MEEIND Stock News & Opinions

Corporate
Corporate
Meenakshi shares will sub-divide with a new ISIN effective October 30, 2026

Meenakshi (India) Limited informed the BSE Limited and The Calcutta Stock Exchange Limited that it has received confirmation from NSDL and CDSL regarding a new ISIN, INE208H01024, for its fully paid-up equity shares with a face value of Rs 5 each, following a sub-division of existing shares from a face value of Rs 10 each. The sub-division, approved with a record date of Friday, October 30, 2026, will take effect under the new ISIN from that date.

18 hours agoCapital Market - Live
Corporate
Corporate
Meenakshi Limited confirms compliance with SEBI regulations via Cameo Corporate Services

Meenakshi (India) Limited informed the Bombay Stock Exchange and the Calcutta Stock Exchange that Cameo Corporate Services Limited, the company’s Registrar and Share Transfer Agent, has confirmed compliance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended September 30, 2026.

2 weeks agoCapital Market - Live
Corporate
Corporate
Meenakshi Limited sets October 30, 2026, as record date for equity share split

Meenakshi (India) Limited has fixed Friday, October 30, 2026, as the record date for the stock split/sub-division of its equity shares, following shareholder approval at the Annual General Meeting on Monday, September 28, 2026, according to a filing with the BSE Limited and The Calcutta Stock Exchange Limited. The company will sub-divide each equity share of face value Rs 10 to two equity shares of face value Rs 5, a move intended to increase tradability.

4 weeks agoCapital Market - Live
Corporate
Corporate
Meenakshi appoints Kedarise Jy Naga Mahesh Kumar as Independent Director for five years

Meenakshi (India) Limited announced that its members approved the appointment of Mr. Kedarise Jy Naga Mahesh Kumar (DIN: 00176969) as a Non-Executive Independent Director at the company's Annual General Meeting held on September 28, 2026, for a term of five consecutive years, commencing from September 28, 2026, and ending on September 27, 2031. The company also noted that Mr. Kumar is not related to any other director and satisfies the independence criteria under the Companies Act, 2013, and SEBI Listing Regulations.

4 weeks agoCapital Market - Live
Corporate
Corporate
Meenakshi (India) Limited shareholders approved a share split, reducing face value to Rs 5

Meenakshi (India) Limited informed the Bombay Stock Exchange and the Calcutta Stock Exchange that its members approved a special resolution to amend the company's Memorandum of Association, resulting in a change to the capital clause due to the subdivision and split of the face value of shares from Rs 10 per share to Rs 5 per share, setting the authorized share capital at Rs 15,00,00,000 divided into 3,00,00,000 equity shares of Rs 5 each.

4 weeks agoCapital Market - Live
Corporate
Corporate
Meenakshi Limited closes trading window for insiders ahead of financial results release

Meenakshi (India) Limited informed the Bombay Stock Exchange and the Calcutta Stock Exchange that the trading window for its Designated Persons, immediate relatives, and other covered individuals will be closed from October 1, 2026, until 48 hours after the declaration of the company’s unaudited financial results for the quarter and half-year ending September 30, 2026, in compliance with SEBI regulations.

1 month agoCapital Market - Live
Corporate
Corporate
Meenakshi board to consider stock split, director appointment, trading window closure

Meenakshi (India) Limited will hold a board meeting on Monday, August 31, 2026, at 11:30 a.m. to consider and approve a proposal for a stock split of the company’s equity shares and to appoint Shri Kedarisetty Naga Mahesh Kumar (DIN: 00176969) as a Non-executive Independent Director, while a trading window for designated persons has been closed since August 26, 2026, and will remain so until 48 hours after the board meeting concludes.

2 months agoCapital Market - Live
Corporate
Corporate
Meenakshi Limited closes trading window ahead of equity share sub-division board meeting

Meenakshi (India) Limited informed the BSE Limited and The Calcutta Stock Exchange Limited that the trading window for designated persons has been closed from August 26, 2026, and will remain closed until 48 hours after the conclusion of a board meeting to consider and approve a proposal for the sub-division/split of the company's equity shares.

2 months agoCapital Market - Live
Corporate
Corporate
Meenakshi Limited reported no proceeds from share offerings during the quarter ending June 30, 2026

Meenakshi (India) Limited informed the Bombay Stock Exchange and the Calcutta Stock Exchange that the company did not raise any proceeds from an Initial Public Offer (IPO), Further Public Offer (FPO), Right Issue, or Preferential Issue during the quarter ended June 30, 2026, rendering the Statement of Deviation or Variation under SEBI (Listing Obligations and Disclosure Requirements) Regulation 32(1) not applicable.

2 months agoCapital Market - Live
Corporate
Corporate
Meenakshi India Limited’s net profit jumps 152% to Rs 7.13 crore in Q1 2026

Meenakshi India Limited, a manufacturer and exporter of apparel, reported a net profit of Rs 7.13 crore for the first quarter ended June 30, 2026, a 152.84 percent increase compared to Rs 2.82 crore in the same period last year, according to a press release issued August 5, 2026. The company's operating income slightly decreased to Rs 32.35 crore from Rs 33.40 crore year-on-year, while operating EBITDA turned positive at Rs 1.10 crore, compared to Rs (0.16) crore in the prior year. Chairman & Managing Director Ashutosh Goenka noted that the company recently listed on the Bombay Stock Exchange (BSE).

2 months agoCapital Market - Live

Frequently asked questions

  1. The share price of MEEIND as on 29th October 2026 is ₹384.90. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. The past returns of Meenakshi India Ltd (MEEIND) share are
    • Past 1 week: -0.35%
    • Past 1 month: -3.59%
    • Past 3 months: 29.37%
    • Past 6 months: 29.37%
    • Past 1 year: 29.37%
    • Past 3 years: N/A%
    • Past 5 years: 29.37%

  3. Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Meenakshi India Ltd (MEEIND) is ₹430.93 Cr as of 29th October 2026.

  4. The 52-week high of Meenakshi India Ltd (MEEIND) is ₹445.90 and the 52-week low is ₹281.99.

  5. The P/E (price-to-earnings) ratio of Meenakshi India Ltd (MEEIND) is 41.16. The P/B (price-to-book) ratio is 3.30.

  6. Meenakshi India Ltd (MEEIND) belongs to the Consumer Discretionary sector & Apparel & Accessories sub-sector.

  7. You can directly buy Meenakshi India Ltd (MEEIND) shares on Tickertape. Simply sign up, connect your demat account and place your order.