Meenakshi India (BSE: MEEIND) had a P/E of 17.3× on 6 Nov 2026, above the industry P/E of 17.0×, and the shares are 28% below their 52-week high. It earns ROCE of 12% and ROE of 8.0%. It is a small-cap company with a market cap of ₹363 Cr, ranked 61st of 246 Textile Manufacturing companies by market cap; the shares rose 9.0% over the past year.
- ₹173.00
- ₹173.00
- ₹151.20
- ₹166.40
- 18.5K
Health check
- ReturnsBehind
+9.0% over a year, better than 2 of 7 peers.
- Price tagIn line
P/E 17.3 vs industry 17.0.
- Growthn/a
Not enough yearly results to measure.
- ProfitabilityAverage
ROCE 11.7% vs peer median 10.7%.
- Balance sheetn/a
Balance sheet figures aren’t reported.
- Red flags2 to check
Quarterly profit down 82.5% on a year ago.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹363 Cr
- Small cap
- P/E
- 17.3
- Industry 17.0
- Price to book
- n/a
- Peers 3.81
- Dividend yield
- 0.00%
- ROE
- 8.0%
- Peers 10.1%
- ROCE
- 11.7%
- Peers 10.7%
- Debt to equity
- n/a
- EPS (TTM)
- ₹9.30
- OPM (TTM)
- 14.5%
- Net margin 0.0%
- Sales growth
- −25.2%
- Latest quarter vs a year ago
- Profit growth
- −82.5%
- Latest quarter vs a year ago
- Price to sales
- 2.41
Strengths and risks
Risks to check
- Quarterly profit down 82.5% on a year ago.
- Quarterly sales down 25.2% on a year ago.
About Meenakshi India
Meenakshi India Ltd. manufactures and markets apparel in India. The company offers products, includes shorts includes range of woven cargo pants; jackets include range of padded/non-padded Parka, Safari, Bomber, Field-Shirt, Utility and Biker Jackets; shirts include an activewear, Workwear and frocks; women wear have a wide range as shirts, activewear, Workwear and frocks; kids wear, trousers and cargos. The company was founded in 1982 and is based in…
- Headquarters
- Chennai
- Sector
- Consumer Cyclical
- ISIN
- INE208H01024
- Website
- milgroup.net
Price range
- Avg volume (3M)
- 12.3K
- 1-year return
- plus 9.0%
- From 52-week high
- minus 27.6%
Peers · Textile Manufacturing
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KPRMILLK.P.R. Mill | 1,164.40 | minus 0.25% | 39,883 | 38.3 | 6.41 | 20.0% | 18.0% | 22.1% | 2.3% | 2.1% | 0.43% | plus 10.5% |
| WELSPUNLIVWelspun Living | 241.30 | minus 4.75% | 22,717 | 52.8 | 4.47 | 5.8% | 8.8% | 28.7% | 5.7% | 0.9% | 0.04% | plus 96.2% |
| VTLVardhman Textiles | 508.80 | minus 4.89% | 14,729 | 14.3 | 1.38 | 8.6% | 7.3% | 13.7% | −0.8% | −2.1% | 0.98% | plus 22.2% |
| ARVINDArvind | 494.75 | minus 0.58% | 12,969 | 28.4 | 3.10 | 15.4% | 11.1% | 10.9% | 3.4% | 0.8% | 0.91% | plus 57.3% |
| TRIDENTTrident | 23.88 | plus 0.08% | 12,168 | 25.4 | 2.53 | 10.7% | 10.1% | 14.9% | 1.8% | −5.1% | 2.09% | minus 16.6% |
| ICILIndo Count Industries | 489.85 | minus 2.25% | 9,702 | 39.8 | 3.81 | 9.5% | 5.5% | 9.7% | 11.6% | −22.9% | 0.31% | plus 78.7% |
| GARFIBRESGarware Technical Fibres | 715.65 | minus 2.13% | 6,988 | 29.8 | 4.97 | 19.3% | 15.3% | 19.2% | 5.6% | 4.9% | 1.26% | minus 3.9% |
| MEEINDMeenakshi India | 161.35 | minus 3.03% | 363 | 17.3 | – | 11.7% | 8.0% | 14.5% | – | – | 0.00% | plus 9.0% |
| Median of 7 peers | – | −2.13% | 12,969 | 29.8 | 3.81 | 10.7% | 10.1% | 14.9% | 3.4% | 0.8% | 0.91% | 22.2% |
Quarterly results
| ₹ Cr | Mar 25 | Sep 25 | Dec 25 | Mar 26 |
|---|---|---|---|---|
| 61.1 | 30.5 | 41.2 | 45.7 | |
| 46.2 | 29.9 | 38.4 | 38.2 | |
| 14.8 | 0.6 | 2.8 | 7.5 | |
| 24.3% | 2.0% | 6.8% | 16.5% | |
| 16.3 | 1.4 | 1.1 | 1 | |
| 0.4 | 0.2 | 0.2 | 0.1 | |
| 0.5 | 0.5 | 0.5 | 0.6 | |
| – | – | – | −0.2 | |
| 30.2 | 1.3 | 3.2 | 7.7 | |
| 13.5% | 42.2% | 25.7% | 41.2% | |
| 25.9 | 0.8 | 2.4 | 4.5 |
Profit & loss
- ROE
- 8.0%
| ₹ Cr | Mar 2025 | Mar 2026 |
|---|---|---|
| 166 | 151 | |
| 137 | 140 | |
| 29.5 | 10.8 | |
| 17.7% | 7.2% | |
| 21.5 | 7.5 | |
| 1.1 | 0.6 | |
| 1.8 | 2 | |
| – | −0.2 | |
| 48.1 | 15.5 | |
| 18.7% | 32.6% | |
| 39.2 | 10.5 |
Forecast
Balance sheet
| ₹ Cr | Mar 2026 |
|---|---|
| 11.3 | |
| 119 | |
| 4.4 | |
| 26.9 | |
| 162 | |
| 15 | |
| 76.7 | |
| 70.3 | |
| 162 |
Cash flow
| ₹ Cr | Mar 2025 | Mar 2026 |
|---|---|---|
| 17.3 | 16.6 | |
| −5.2 | −15.4 | |
| −5.2 | −2 | |
| 6.9 | −0.9 | |
| −1.5 | −2.6 | |
| 15.8 | 13.9 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.