Meyer Apparel (BSE 531613)₹2.05−3.30%Gems, Jewellery And Watches
In the Mar 2026 quarter (standalone), Meyer Apparel reported sales of ₹0 Cr, down 100.0% from Mar 2025, and net profit of −₹0.23 Cr. For the year to Mar 2026, sales were ₹0.10 Cr and net profit −₹0.78 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1.09 | 0.63 | 1.12 | 1.49 | 0.32 | 0.39 | 0.27 | 0.26 | 0.09 | 0.00 | 0.02 | 0.00 |
| Expenses | 1.70 | 1.25 | 1.57 | 1.85 | 0.60 | 0.70 | 0.54 | 0.53 | 0.28 | 0.19 | 0.16 | 0.23 |
| Operating Profit | −0.60 | −0.61 | −0.44 | −0.35 | −0.27 | −0.30 | −0.26 | −0.26 | −0.18 | −0.17 | −0.13 | −0.21 |
| OPM % | −56.5% | −100.0% | −40.5% | −24.3% | −90.3% | −81.6% | −103.8% | −107.9% | −237.5% | — | −1,400.0% | — |
| Other Income | 0.10 | 0.07 | 0.10 | 0.02 | 0.02 | 0.03 | 0.02 | 0.05 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | −0.55 | −0.59 | −0.39 | −0.37 | −0.28 | −0.30 | −0.27 | −0.24 | −0.20 | −0.20 | −0.17 | −0.25 |
| Tax % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net Profit | −0.52 | −0.56 | −0.36 | −0.35 | −0.26 | −0.29 | −0.26 | −0.22 | −0.18 | −0.18 | −0.16 | −0.23 |
| EPS (Rs) | −0.06 | −0.06 | −0.04 | −0.03 | −0.02 | −0.03 | −0.02 | −0.02 | −0.01 | −0.01 | −0.01 | −0.02 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 27.81 | 20.36 | 11.14 | 8.63 | 5.44 | 2.62 | 4.31 | 6.33 | 4.30 | 1.21 | 0.10 | 0.11 |
| Expenses | 27.44 | 22.25 | 15.90 | 10.44 | 10.44 | 4.13 | 6.07 | 8.37 | 6.33 | 2.31 | 0.82 | 0.86 |
| Operating Profit | 0.28 | −1.94 | −4.76 | −1.83 | −5.00 | −1.50 | −1.75 | −2.05 | −2.03 | −1.09 | −0.71 | −0.69 |
| OPM % | 1.1% | −9.6% | −43.1% | −21.4% | −92.4% | −57.8% | −40.9% | −32.7% | −47.6% | −91.6% | −800.0% | −627.3% |
| Other Income | −29.78 | 1.34 | 3.34 | 0.49 | −1.44 | 0.85 | 0.75 | 0.44 | 0.27 | 0.07 | −0.02 | 0.00 |
| Interest | 0.20 | 0.13 | 0.17 | 0.11 | 0.26 | 0.19 | 0.01 | 0.03 | 0.02 | 0.00 | 0.04 | 0.02 |
| Depreciation | 0.43 | 0.39 | 0.43 | 0.88 | 0.77 | 0.57 | 0.02 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 |
| Profit before tax | −30.14 | −1.17 | −2.08 | −2.38 | −7.51 | −1.46 | −1.08 | −1.70 | −1.84 | −1.08 | −0.80 | −0.82 |
| Tax % | 15.9% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Exceptional items | −25.11 | 1.17 | 2.78 | −0.06 | −1.43 | 0.37 | 0.31 | 0.24 | 0.00 | −0.01 | −0.02 | — |
| Net Profit | −34.82 | −1.15 | −2.07 | −2.36 | −7.48 | −1.44 | −1.06 | −1.67 | −1.82 | −1.06 | −0.78 | −0.75 |
| EPS (Rs) | −4.32 | −0.13 | −0.25 | −0.28 | −0.92 | −0.17 | −0.12 | −0.20 | −0.22 | −0.12 | −0.09 | −0.05 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| 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 | 24.25 | 24.28 | 24.28 | 24.28 | 24.28 | 24.28 | 24.28 | 24.28 | 24.25 | 24.26 | 24.26 | 24.28 |
| Reserves | 1.85 | −33.10 | −36.67 | −38.53 | −40.90 | −49.92 | −51.51 | −52.51 | −54.26 | −56.10 | −57.09 | −57.87 |
| Borrowings | 1.44 | 0.48 | 0.53 | 0.34 | 0.13 | 2.31 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.67 |
| Other Liabilities | 12.30 | 43.18 | 38.99 | 37.43 | 37.02 | 36.52 | 34.87 | 33.65 | 33.98 | 33.63 | 33.46 | 33.61 |
| Total Liabilities | 39.84 | 34.84 | 27.13 | 23.52 | 20.53 | 13.19 | 7.64 | 5.42 | 3.97 | 1.79 | 0.63 | 0.69 |
| Fixed Assets | 2.88 | 2.77 | 2.70 | 2.16 | 1.19 | 3.03 | 0.48 | 0.10 | 0.12 | 0.11 | 0.05 | 0.02 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 9.85 | 11.69 | 5.29 | 5.29 | 5.29 | 1.64 | 1.24 | 0.61 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 27.11 | 20.38 | 19.14 | 16.07 | 14.05 | 8.52 | 5.92 | 4.71 | 3.85 | 1.68 | 0.58 | 0.67 |
| Inventories | 4.84 | 5.38 | 4.81 | 3.75 | 4.82 | 2.72 | 3.33 | 3.15 | 3.01 | 1.15 | 0.08 | 0.13 |
| Trade receivables | 7.25 | 7.71 | 7.96 | 4.45 | 2.54 | 0.69 | 0.01 | 0.72 | 0.20 | 0.02 | 0.00 | 0.00 |
| Cash & equivalents | 2.58 | 0.81 | 0.13 | 1.11 | 0.18 | 0.24 | 1.09 | 0.05 | 0.05 | 0.03 | 0.03 | 0.03 |
| Total Assets | 39.84 | 34.84 | 27.13 | 23.52 | 20.53 | 13.19 | 7.64 | 5.42 | 3.97 | 1.79 | 0.63 | 0.69 |
| 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 | 3.63 | 1.41 | −6.21 | −2.53 | −0.94 | 0.94 | 0.49 | −2.34 | −0.84 | 0.02 | −0.02 | −0.66 |
| Cash from investing activity | −0.48 | −2.21 | 5.60 | 3.86 | 0.19 | −0.12 | 1.01 | 1.29 | 0.83 | 0.00 | 0.01 | 0.00 |
| Cash from financing activity | −2.95 | −0.93 | −0.09 | −0.36 | −0.19 | −0.73 | −0.63 | 0.00 | 0.00 | 0.00 | 0.00 | 0.63 |
| Net cash flow | 0.16 | −1.75 | −0.67 | 0.97 | −0.92 | 0.05 | 0.84 | −1.02 | 0.00 | −0.01 | 0.00 | 0.00 |
| Capex | 0.29 | 0.57 | 0.35 | 0.03 | 0.12 | 0.14 | 0.02 | 0.00 | 0.04 | 0.02 | 0.00 | 0.00 |
| Free cash flow | 3.33 | 0.93 | −4.52 | 1.11 | −0.92 | 0.79 | 0.68 | −1.64 | −0.85 | 0.00 | 0.00 | −0.65 |
| CFO / OP % | −2,413.1% | 482.9% | 317.9% | 52.9% | 42.9% | −14.1% | −14.0% | 134.9% | 40.9% | −1.0% | 2.0% | 89.0% |
| 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 | 117 | 101 | 143 | 146 | 107 | 46 | 2 | 61 | 11 | 2 | 2 | 0 |
| Inventory days | 174 | 167 | 215 | 259 | 516 | 289 | 670 | 364 | 259 | 127 | 25 | 548 |
| Days payable | 188 | 149 | 42 | 80 | 157 | 162 | 89 | 3 | 18 | 0 | 0 | 867 |
| Cash conversion cycle | 102 | 119 | 316 | 325 | 466 | 174 | 584 | 421 | 252 | 128 | 27 | −319 |
| Working capital days | 84 | −301 | −397 | −790 | −1,028 | −2,073 | −4,274 | −2,461 | −1,736 | −2,713 | −9,983 | −1,36,307 |
| ROCE % | 0.7% | −0.2% | — | — | — | — | — | — | — | — | — | — |
For the Mar 2026 quarter, Meyer Apparel reported sales of ₹0 Cr, down 100.0% year on year and net profit of −₹0.23 Cr.
Meyer Apparel's sales for the year to Mar 2026 were ₹0.10 Cr; over the last twelve months they were ₹0.11 Cr.
Net profit for the year to Mar 2026 was −₹0.78 Cr, and −₹0.75 Cr over the last twelve months. Earnings per share over the same trailing period were ₹−0.05.
Meyer Apparel reported borrowings of ₹0.67 Cr at Mar 2026, against cash and equivalents of ₹0.03 Cr.
Cash from operations was −₹0.66 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹0.65 Cr.