Meera Industries (BSE 540519)₹27.77+10.81%Industrial Products
In the Jun 2026 quarter (consolidated), Meera Industries reported sales of ₹12.39 Cr, up 17.6% from Jun 2025, and net profit of ₹0.71 Cr, down 13.4% year on year. For the year to Mar 2026, sales were ₹37.90 Cr and net profit ₹0.99 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| 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 | 6.80 | 7.62 | 9.63 | 9.93 | 10.93 | 11.66 | 7.42 | 10.54 | 9.71 | 8.81 | 8.84 | 12.39 |
| Expenses | 6.10 | 6.74 | 8.65 | 8.70 | 8.93 | 9.54 | 6.76 | 9.05 | 8.42 | 8.16 | 9.21 | 10.93 |
| Operating Profit | 0.66 | 0.84 | 0.91 | 1.17 | 1.93 | 2.06 | 0.60 | 1.43 | 1.23 | 0.60 | −0.41 | 1.38 |
| OPM % | 9.8% | 11.1% | 9.5% | 11.9% | 17.7% | 17.7% | 8.2% | 13.6% | 12.7% | 6.9% | −4.8% | 11.2% |
| Other Income | 0.00 | 0.02 | 0.04 | 0.08 | 0.09 | 0.04 | 0.15 | 0.18 | 0.14 | 0.26 | 0.35 | 0.21 |
| Interest | 0.04 | 0.03 | 0.05 | 0.04 | 0.07 | 0.05 | 0.10 | 0.17 | 0.20 | 0.20 | 0.31 | 0.19 |
| Depreciation | 0.30 | 0.30 | 0.30 | 0.31 | 0.31 | 0.30 | 0.31 | 0.43 | 0.44 | 0.44 | 0.43 | 0.46 |
| Profit before tax | 0.32 | 0.52 | 0.59 | 0.89 | 1.63 | 1.74 | 0.33 | 1.00 | 0.72 | 0.21 | −0.81 | 0.93 |
| Tax % | 3.0% | 13.2% | 0.0% | 0.0% | 21.4% | 22.9% | 44.2% | 19.8% | 27.4% | −31.8% | −23.2% | 25.6% |
| Net Profit | 0.33 | 0.47 | 0.61 | 0.91 | 1.30 | 1.35 | 0.20 | 0.82 | 0.54 | 0.30 | −0.65 | 0.71 |
| EPS (Rs) | 0.14 | 0.20 | 0.27 | 0.41 | 0.59 | 0.62 | 0.08 | 0.37 | 0.24 | 0.13 | −0.29 | 0.32 |
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 13.06 | 21.49 | 35.52 | 20.31 | 22.39 | 31.72 | 20.40 | 30.23 | 39.96 | 37.90 | 39.75 |
| Expenses | 11.58 | 18.13 | 29.21 | 19.84 | 19.06 | 26.78 | 20.73 | 27.08 | 33.92 | 34.87 | 36.72 |
| Operating Profit | 1.40 | 3.23 | 6.10 | 0.35 | 3.20 | 4.77 | −0.44 | 2.95 | 5.78 | 2.85 | 2.80 |
| OPM % | 10.8% | 15.1% | 17.2% | 1.8% | 14.3% | 15.0% | −2.2% | 9.8% | 14.5% | 7.5% | 7.0% |
| Other Income | 0.35 | 0.46 | 0.96 | 0.85 | 0.38 | 0.24 | 0.28 | 0.05 | 0.33 | 0.89 | 0.96 |
| Interest | 0.04 | 0.05 | 0.09 | 0.04 | 0.04 | 0.23 | 0.11 | 0.12 | 0.23 | 0.84 | 0.90 |
| Depreciation | 0.24 | 0.29 | 0.37 | 0.42 | 0.68 | 1.01 | 1.08 | 1.23 | 1.26 | 1.77 | 1.77 |
| Profit before tax | 1.46 | 3.34 | 6.59 | 0.73 | 2.85 | 3.76 | −1.36 | 1.64 | 4.61 | 1.12 | 1.05 |
| Tax % | 27.3% | 26.3% | 25.5% | 31.1% | 25.2% | 29.5% | 0.0% | 10.9% | 19.7% | 13.3% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — |
| Net Profit | 1.07 | 2.48 | 4.94 | 0.53 | 2.16 | 2.68 | −1.38 | 1.47 | 3.73 | 0.99 | 0.90 |
| EPS (Rs) | 0.76 | 1.29 | 2.58 | 0.23 | 0.99 | 1.24 | −0.63 | 0.67 | 1.73 | 0.45 | 0.40 |
| Dividend payout % | 26.8% | 34.9% | 23.9% | 205.3% | 59.5% | 19.9% | 0.0% | 0.0% | 14.3% | 54.4% | — |
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2.85 | 3.93 | 3.92 | 10.70 | 10.68 | 10.69 | 10.72 | 10.69 | 10.68 | 10.71 |
| Reserves | 0.92 | 5.12 | 10.04 | 12.74 | 14.15 | 15.54 | 14.17 | 15.63 | 18.55 | 19.31 |
| Borrowings | 0.00 | 0.27 | 0.00 | 0.00 | 0.00 | 1.25 | 1.01 | 4.15 | 8.22 | 5.95 |
| Other Liabilities | 4.16 | 5.38 | 7.75 | 6.26 | 8.08 | 8.61 | 9.96 | 7.12 | 5.91 | 9.62 |
| Total Liabilities | 7.93 | 14.70 | 21.71 | 29.70 | 32.91 | 36.09 | 35.86 | 37.59 | 43.36 | 45.59 |
| Fixed Assets | 1.95 | 3.00 | 4.72 | 9.53 | 13.16 | 15.96 | 19.49 | 18.57 | 18.38 | 24.83 |
| CWIP | 0.00 | 0.10 | 0.00 | 0.18 | 0.56 | 2.91 | 0.03 | 0.38 | 7.31 | 0.00 |
| Investments | 0.24 | 0.17 | 0.00 | 0.05 | 0.04 | 0.05 | 0.06 | 0.06 | 0.07 | 0.76 |
| Other Assets | 5.74 | 11.43 | 16.99 | 19.94 | 19.15 | 17.17 | 16.28 | 18.58 | 17.60 | 20.00 |
| Inventories | 1.22 | 3.07 | 6.65 | 8.36 | 8.48 | 9.90 | 10.66 | 9.39 | 7.77 | 9.40 |
| Trade receivables | 1.00 | 3.32 | 3.42 | 1.85 | 4.08 | 3.24 | 2.55 | 2.39 | 6.36 | 4.60 |
| Cash & equivalents | 2.22 | 3.17 | 3.13 | 1.11 | 3.46 | 0.92 | 0.53 | 1.51 | 1.71 | 0.98 |
| Total Assets | 7.93 | 14.70 | 21.71 | 29.70 | 32.91 | 36.09 | 35.86 | 37.59 | 43.36 | 45.59 |
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 0.22 | −1.05 | 2.39 | −5.58 | 7.47 | 3.09 | 1.63 | −1.38 | 5.44 | 6.44 |
| Cash from investing activity | −0.12 | −1.22 | −1.60 | −5.34 | −5.16 | −2.86 | −1.71 | −0.70 | −8.39 | −2.64 |
| Cash from financing activity | 0.24 | 3.20 | −0.84 | 8.88 | −0.73 | −1.56 | −0.32 | 3.05 | 3.10 | −3.28 |
| Net cash flow | 0.37 | 0.94 | −0.03 | −2.01 | 1.59 | −1.31 | −0.38 | 0.97 | 0.19 | 0.53 |
| Capex | 0.16 | 1.52 | 2.11 | 5.74 | 4.40 | 4.08 | 1.70 | 0.70 | 8.43 | 1.01 |
| Free cash flow | 0.05 | −2.50 | 0.53 | −10.92 | 3.07 | −0.98 | −0.06 | −2.09 | −2.98 | 5.58 |
| CFO / OP % | 48.1% | −9.0% | 70.1% | −1,469.0% | 241.1% | 92.1% | −511.0% | −47.9% | 99.0% | 257.0% |
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 29 | 57 | 36 | 34 | 67 | 38 | 47 | 30 | 59 | 45 |
| Inventory days | 62 | 91 | 119 | 265 | 251 | 220 | 313 | 196 | 121 | 143 |
| Days payable | 85 | 77 | 84 | 122 | 135 | 111 | 185 | 58 | 52 | 98 |
| Cash conversion cycle | 4 | 71 | 70 | 176 | 183 | 146 | 174 | 167 | 127 | 89 |
| Working capital days | −15 | 47 | 52 | 133 | 128 | 90 | 95 | 110 | 55 | 42 |
| ROCE % | — | 51.0% | 56.4% | 3.8% | 12.0% | 15.3% | −4.7% | 6.3% | 14.4% | 5.4% |
For the Jun 2026 quarter, Meera Industries reported sales of ₹12.39 Cr, up 17.6% year on year and net profit of ₹0.71 Cr, down 13.4% year on year. The operating margin was 11.2%.
Meera Industries' sales for the year to Mar 2026 were ₹37.90 Cr; over the last twelve months they were ₹39.75 Cr.
Net profit for the year to Mar 2026 was ₹0.99 Cr, and ₹0.90 Cr over the last twelve months. Earnings per share over the same trailing period were ₹0.40.
Meera Industries reported borrowings of ₹5.95 Cr at Mar 2026, against cash and equivalents of ₹0.98 Cr.
Cash from operations was ₹6.44 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹5.58 Cr.