What is the share price of Meera Industries Ltd (MEERA) today?
The share price of MEERA as on 21st March 2025 is ₹62. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.What is the return on Meera Industries Ltd (MEERA) share?
The past returns of Meera Industries Ltd (MEERA) share are- Past 1 week: -3.51%
- Past 1 month: 0.53%
- Past 3 months: -14.95%
- Past 6 months: -0.21%
- Past 1 year: 28.52%
- Past 3 years: -36.31%
- Past 5 years: 41.55%
What are the peers or stocks similar to Meera Industries Ltd (MEERA)?
The peers or stocks similar to Meera Industries Ltd (MEERA) include:What is the market cap of Meera Industries Ltd (MEERA) share?
Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Meera Industries Ltd (MEERA) is ₹66.21 Cr as of 21st March 2025.What is the 52 week high and low of Meera Industries Ltd (MEERA) share?
The 52-week high of Meera Industries Ltd (MEERA) is ₹140 and the 52-week low is ₹39.51.What is the PE and PB ratio of Meera Industries Ltd (MEERA) stock?
The P/E (price-to-earnings) ratio of Meera Industries Ltd (MEERA) is 45.35. The P/B (price-to-book) ratio is 2.52.Which sector does Meera Industries Ltd (MEERA) belong to?
Meera Industries Ltd (MEERA) belongs to the Industrials sector & Industrial Machinery sub-sector.How to buy Meera Industries Ltd (MEERA) shares?
You can directly buy Meera Industries Ltd (MEERA) shares on Tickertape. Simply sign up, connect your demat account and place your order.
Meera Industries Ltd
MEERA Share Price
62.001.15% (-0.72)
MEERA Share Price Chart
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MEERA Stock Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is not in the overbought zone
Red flags
LowNo red flag found
How to use scorecard? Learn more
MEERA Performance & Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 15.99 | 2.52 | — |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 42.38 | 6.19 | 0.64% |
MEERA Analyst Ratings & Forecast
Detailed Forecast —
Forecast data is currently unavailable for this stockPrice Upside
Earnings Growth
Rev. Growth
MEERA Company Profile
Meera Industries Limited is an India-based company engaged in manufacturing Two for One twisting yarns and textile products.
MEERA Similar Stocks (Peers)
Compare with peersCUMMINSIND
PE Ratio
47.33
1Y Return
1.36%
Buy Reco %
59.09
THERMAX
PE Ratio
61.03
1Y Return
9.42%
Buy Reco %
40.00
AIAENG
PE Ratio
27.36
1Y Return
10.43%
Buy Reco %
37.50
JYOTICNC
PE Ratio
168.61
1Y Return
76.68%
Buy Reco %
100.00
TIMKEN
PE Ratio
51.92
1Y Return
5.03%
Buy Reco %
100.00
MEERA Forecasts
Price
Revenue
Earnings
MEERA Share Price Forecast
Hmm, looks like data is unavailable here. Please come back after some timeMEERA Company Revenue Forecast
Hmm, looks like data is unavailable here. Please come back after some timeMEERA Stock EPS (Earnings Per Share) Forecast
Hmm, looks like data is unavailable here. Please come back after some timeMEERA
Income
Balance Sheet
Cash Flow
Annual Normal View
MEERA Income Statement
Annual Normal View
| Financial Year | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 13.49 | 21.95 | 36.42 | 21.12 | 22.72 | 31.89 | 20.61 | 30.18 | 42.26 | |||||||||
Raw Materials | 7.75 | 13.13 | 22.73 | 11.97 | 11.28 | 19.60 | 11.08 | 15.88 | 35.94 | |||||||||
| Power & Fuel Cost | 0.10 | 0.13 | 0.19 | 0.19 | 0.20 | 0.28 | 0.24 | 0.32 | ||||||||||
| Employee Cost | 1.17 | 1.98 | 2.48 | 2.78 | 2.68 | 3.89 | 3.37 | 3.69 | ||||||||||
| Selling & Administrative Expenses | 2.24 | 2.50 | 4.03 | 4.09 | 2.62 | 4.34 | 3.09 | 3.31 | ||||||||||
| Operating & Other expenses | 0.49 | 0.50 | -0.08 | 0.88 | 2.36 | -1.23 | 3.02 | 3.99 | ||||||||||
EBITDA | 1.74 | 3.71 | 7.07 | 1.21 | 3.58 | 5.01 | -0.19 | 2.99 | 6.32 | |||||||||
| Depreciation/Amortization | 0.25 | 0.30 | 0.38 | 0.43 | 0.69 | 1.02 | 1.09 | 1.24 | 1.26 | |||||||||
| PBIT | 1.49 | 3.41 | 6.69 | 0.78 | 2.89 | 3.99 | -1.28 | 1.75 | 5.06 | |||||||||
| Interest & Other Items | 0.03 | 0.04 | 0.08 | 0.03 | 0.03 | 0.22 | 0.10 | 0.11 | 0.17 | |||||||||
| PBT | 1.46 | 3.37 | 6.61 | 0.75 | 2.86 | 3.77 | -1.38 | 1.64 | 4.89 | |||||||||
| Taxes & Other Items | 0.40 | 0.88 | 1.68 | 0.23 | 0.72 | 1.11 | 0.00 | 0.18 | 0.75 | |||||||||
| Net Income | 1.06 | 2.49 | 4.93 | 0.52 | 2.14 | 2.66 | -1.38 | 1.46 | 4.14 | |||||||||
| EPS | 0.65 | 1.93 | 5.23 | 0.52 | 2.00 | 2.49 | -1.29 | 1.37 | 3.88 | |||||||||
| DPS | 0.42 | 0.92 | 1.25 | 1.00 | 1.20 | 0.50 | 0.00 | 0.00 | 0.50 | |||||||||
| Payout ratio | 0.64 | 0.48 | 0.24 | 1.93 | 0.60 | 0.20 | 0.00 | 0.00 | 0.13 |
MEERA Company Updates
FY 2017
Annual report
PDFFY 2018
Annual report
PDFFY 2019
Annual report
PDFFY 2020
Annual report
PDFFY 2021
Annual report
PDFFY 2022
Annual report
PDFFY 2023
Annual report
PDFFY 2024
Annual report
PDFMEERA Past Performance & Peer Comparison
Comparing 3 stocks from
IndustrialsIndustrial Machinery
Compare valuation on Screener
IndustrialsIndustrial Machinery
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Meera Industries Ltd | 45.35 | 2.52 | — |
| Cummins India Ltd | 47.33 | 12.32 | 1.29% |
| Thermax Limited | 61.03 | 8.87 | 0.34% |
| AIA Engineering Ltd | 27.36 | 4.66 | 0.49% |
MEERA Stock Price Comparison
Compare MEERA with any stock or ETFCompare MEERA with any stock or ETF
MEERA
MEERA Shareholdings
MEERA Promoter Holdings Trend
Decreased Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook
In last 6 months, promoter holding in the company has decreased by 2.79%
Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better
Pledged promoter holdings is insignificant
MEERA Institutional Holdings Trend
Increased 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 increased by 8.45%
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
MEERA Shareholding Pattern
MEERA Shareholding History
Foreign Institutions
smallcases containing MEERA stock
Looks like this stock is not in any smallcase yet.
MEERA Events
MEERA Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Dividends
MEERA Upcoming Dividends
No upcoming dividends are available
MEERA Past Dividends
Cash Dividend
Ex DateEx DateFeb 21, 2025
Interim 2
Interim 2 | Div/Share: ₹0.50
Dividend/Share
₹0.50
Ex DateEx Date
Feb 21, 2025
Cash Dividend
Ex DateEx DateAug 23, 2024
Interim
Interim | Div/Share: ₹0.50
Dividend/Share
₹0.50
Ex DateEx Date
Aug 23, 2024
Cash Dividend
Ex DateEx DateFeb 25, 2022
Interim
Interim | Div/Share: ₹0.50
Dividend/Share
₹0.50
Ex DateEx Date
Feb 25, 2022
Cash Dividend
Ex DateEx DateSep 23, 2021
Final
Final | Div/Share: ₹0.70
Dividend/Share
₹0.70
Ex DateEx Date
Sep 23, 2021
Cash Dividend
Ex DateEx DateNov 19, 2020
Interim
Interim | Div/Share: ₹0.50
Dividend/Share
₹0.50
Ex DateEx Date
Nov 19, 2020
MEERA Stock News & Opinions
Articles & Videos
Corporate
Board of Meera Industries recommends Second Interim Dividend
Meera Industries announced that the Board of Directors of the Company at its meeting held on 11 February 2025, has recommended a Second Interim dividend of Rs.0.50 per share (i.e.5%), subject to the approval of the shareholders.Powered by Capital Market - Live
1 month agoCapital Market - Live
Earnings
Meera Industries consolidated net profit rises 191.30% in the December 2024 quarter
Net profit of Meera Industries rose 191.30% to Rs 1.34 crore in the quarter ended December 2024 as against Rs 0.46 crore during the previous quarter ended December 2023. Sales rose 52.96% to Rs 11.64 crore in the quarter ended December 2024 as against Rs 7.61 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales11.647.61 53 OPM %17.7811.17 - PBDT2.060.84 145 PBT1.750.54 224 NP1.340.46 191 Powered by Capital Market - Live
1 month agoCapital Market - Live
Corporate
Meera Industries declare Quarterly Result
Meera Industries will hold a meeting of the Board of Directors of the Company on 11 February 2025.Powered by Capital Market - Live
1 month agoCapital Market - Live
Corporate
Meera Industries wins order worth Rs 2.60 cr
Meera Industries announced that it has secured a domestic order worth Rs 2.60 crore from Ganesh Ecopet for high bulk carpet yarn manufacturing solutions. This achievement underscores MEERA's near-monopoly market share in the Indian carpet yarn sector, where the company is the trusted partner of virtually all major carpet yarn manufacturers.Powered by Capital Market - Live
1 month agoCapital Market - Live
Corporate
Meera Industries to announce Quarterly Result
Meera Industries will hold a meeting of the Board of Directors of the Company on 23 December 2024.Powered by Capital Market - Live
3 months agoCapital Market - Live
Earnings
Meera Industries consolidated net profit rises 303.13% in the September 2024 quarter
Net profit of Meera Industries rose 303.13% to Rs 1.29 crore in the quarter ended September 2024 as against Rs 0.32 crore during the previous quarter ended September 2023. Sales rose 60.53% to Rs 10.90 crore in the quarter ended September 2024 as against Rs 6.79 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales10.906.79 61 OPM %17.809.87 - PBDT1.960.64 206 PBT1.630.33 394 NP1.290.32 303 Powered by Capital Market - Live
4 months agoCapital Market - Live
Corporate
Meera Industries to discuss results
Meera Industries will hold a meeting of the Board of Directors of the Company on 29 October 2024.Powered by Capital Market - Live
4 months agoCapital Market - Live
Corporate
Meera Industries wins order of Rs 5.58 cr
Meera Industries announced that it has secured a significant domestic order from DNH Spinners. The order, valued at Rs 5.58 crore, underscores MEERA's dominant market position in the Indian carpet yarn sector, where the company continues to maintain a near-monopoly status. This order includes the MEERABAH Bulking and Heat Setting Machine, along with the company's renowned carpet cabler and winding machines. These machines are known for their exceptional productivity, robust construction, and energy efficiency, meeting the stringent demands of high-volume carpet yarn manufacturing.Powered by Capital Market - Live
5 months agoCapital Market - Live
Spotlight
Meera Industries Ltd leads gainers in 'B' group
Mukta Arts Ltd, Medicamen Biotech Ltd, Sarthak Metals Ltd and Bhakti Gems & Jewellery Ltd are among the other gainers in the BSE's 'B' group today, 25 September 2024.Meera Industries Ltd soared 20.00% to Rs 89.46 at 12:03 IST. The stock was the biggest gainer in the BSE's 'B' group. On the BSE, 1.88 lakh shares were traded on the counter so far as against the average daily volumes of 41141 shares in the past one month. Mukta Arts Ltd surged 20.00% to Rs 97.09. The stock was the second biggest gainer in 'B' group. On the BSE, 60416 shares were traded on the counter so far as against the average daily volumes of 4211 shares in the past one month. Medicamen Biotech Ltd spiked 19.40% to Rs 534.75. The stock was the third biggest gainer in 'B' group. On the BSE, 55470 shares were traded on the counter so far as against the average daily volumes of 4942 shares in the past one month. Sarthak Metals Ltd jumped 18.39% to Rs 198.9. The stock was the fourth biggest gainer in 'B' group. On the BSE, 62577 shares were traded on the counter so far as against the average daily volumes of 4039 shares in the past one month. Bhakti Gems & Jewellery Ltd exploded 17.09% to Rs 21.03. The stock was the fifth biggest gainer in 'B' group. On the BSE, 2.16 lakh shares were traded on the counter so far as against the average daily volumes of 35533 shares in the past one month. Powered by Capital Market - Live
5 months agoCapital Market - Live
Corporate
Meera Industries to convene AGM
Meera Industries announced that the 18th Annual General Meeting (AGM) of the company will be held on 28 September 2024.Powered by Capital Market - Live
7 months agoCapital Market - Live
Over the last 5 years, revenue has grown at a yearly rate of -3.69%, vs industry avg of 11.18%
Over the last 5 years, market share decreased from 0.05% to 0.02%
Over the last 5 years, net income has grown at a yearly rate of -21.6%, vs industry avg of 23.95%