Meera Industries share price, P/E, ROE & financials

On 6 Nov 2026, Meera Industries was priced at ₹25.06, or 64.3× trailing earnings, against an industry P/E of 33.8×, and the shares are 76% below their 52-week high. Its ROCE of 5.1% is the lowest among the 7 largest Specialty Industrial Machinery peers, and sales grew 24% a year over 3 years. Its dividend yield is 4.0%, and debt is 0.20× equity. It is a small-cap company with a market cap of ₹54 Cr, ranked 123rd of 138 Specialty Industrial Machinery companies by market cap; the shares fell 60% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year

Open: ₹26.84
Day high: ₹27.95
Day low: ₹23.04
Prev. close: ₹25.47
Volume: 71K

Health check

1 good · 1 fair · 4 to check

ReturnsBehind
−60.1% over a year, better than 0 of 7 peers.
Price tagPricier
P/E 64.3 vs industry 33.8.
GrowthStrong
Sales +23.5% a year over 3 years.
ProfitabilityWeak
ROCE 5.1% vs peer median 24.8%.
Balance sheetFair
Debt 0.20× equity, interest covered 2.8×, Piotroski 5 of 9.
Red flags4 to check
Return on equity is low at 3.3%.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Specialty Industrial Machinery

137 listed peers. Screen the industry

Small cap

₹54 Cr, #123 of 138 in its industry by size.

Defensive

Beta 0.52 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Jun 2026: sales ₹40 Cr · profit ₹1 Cr

Market cap: ₹54 Cr; Small cap
P/E: 64.3; Industry 33.8
Price to book: 1.80; Peers 9.16
Dividend yield: 3.99%
ROE: 3.3%; Peers 19.1%
ROCE: 5.1%; Peers 24.8%
Debt to equity: 0.20; Debt ₹5.94 Cr
EPS (TTM): ₹0.39
OPM (TTM): 7.1%; Net margin 2.2%
Sales growth: +17.3%; Latest quarter vs a year ago
Profit growth: −13.2%; Latest quarter vs a year ago
Price to sales: 1.35; EV/EBITDA 19.4

Strengths

Dividend yield of 3.99%.
Quarterly sales up 17.3% on a year ago.

Risks to check

Return on equity is low at 3.3%.
Quarterly profit down 13.2% on a year ago.
P/E of 64.3 against an industry P/E of 33.8.
76% below its 52-week high.

Derived automatically from reported figures. Not a recommendation.

About Meera Industries

Meera Industries Limited manufactures and sells customized textile machinery and machinery parts in India and the United States. It provides embroidery and industrial thread, lab, ring, filament yarn, spun and staple yarn, and TPRS twister machines; yarns cabling / twisting machines; cone to cone assembly, servo controlled cop, and yarn guide winding machines; compound twister; and covering machines. The company also offers twisting with precision…

Headquarters: Surat
Sector: Industrials
ISIN: INE343X01026
Website: meeraind.com

Price range

52 weeks

₹23.04₹103.46

Today

₹23.04₹27.95

Avg volume (3M): 12.9K
1-year return: minus 60.1%
From 52-week high: minus 75.8%

Peers · Specialty Industrial Machinery

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
BHELBharat Heavy Electricals	418.80	plus 0.17%	1,45,829	50.6	74.6	6.6%	10.1%	0.22	13.5%	plus 56.4%
ABBABB India	6,774.00	plus 2.20%	1,43,547	92.3	68.2	28.5%	13.8%	0.02	15.4%	plus 26.4%
SIEMENSSiemens	3,560.00	plus 3.73%	1,26,779	86.1	59.3	16.5%	10.4%	0.02	3.0%	plus 10.0%
CUMMINSINDCummins India	4,048.80	minus 0.25%	1,12,233	49.8	41.7	35.0%	19.1%	0.00	16.1%	minus 6.0%
GVT&DGE Vernova T&D India	4,018.00	minus 3.06%	1,02,879	71.3	56.6	58.5%	26.5%	0.01	31.1%	plus 31.7%
SUZLONSuzlon Energy	38.80	plus 0.54%	53,337	23.7	17.3	24.8%	16.7%	0.07	41.4%	minus 35.7%
AIAENGAIA Engineering	3,113.60	minus 2.77%	29,056	23.5	19.6	19.9%	27.4%	0.00	−3.4%	minus 3.9%
MEERAMeera Industries	25.06	minus 1.61%	54	64.3	17.1	5.1%	7.1%	0.20	23.5%	minus 60.1%
Median of 7 peers	–	0.17%	1,12,233	50.6	56.6	24.8%	16.7%	0.02	15.4%	10.0%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
10.5	9.7	8.8	8.8	12.3
9.1	8.4	8.2	9.2	11
1.4	1.2	0.6	−0.4	1.4
13.7%	12.8%	6.9%	−4.8%	11.2%
0.2	0.1	0.2	0.3	0.2
0.2	0.2	0.2	0.3	0.2
0.4	0.4	0.4	0.4	0.5
1	0.7	0.2	−0.8	0.9
20.2%	27.8%	−33.0%	22.3%	25.8%
0.8	0.5	0.3	−0.6	0.7
0.75	0.24	0.12	-0.30	0.33

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +23.5%
ROE: 3.3%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
20	29.9	39.6	37.7
–	+49.7%	+32.3%	minus 4.7%
20.4	26.9	33.7	34.3
−0.4	3	5.9	3.4
−2.2%	10.0%	14.9%	9.1%
0.2	−0	0.2	0.2
0.1	0.1	0.2	0.6
1.1	1.2	1.3	1.8
0	−0	0	−0.1
−1.4	1.6	4.6	1.1
0.2%	11.2%	19.5%	13.2%
−1.4	1.5	3.7	1
–	–	+154.7%	minus 73.6%
-0.65	0.69	1.74	0.46

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
10.7	10.7	10.7	10.7
14.1	15.6	18.5	19.2
1	4.1	8.2	5.9
9.9	7.1	5.9	9.6
35.7	37.5	43.3	45.4
19.3	18.8	25.5	24.7
0.6	1	8.1	0.8
0.1	0.1	1.4	3.4
0.5	1.5	0.4	1
15.3	16.1	7.8	15.6
35.7	37.5	43.3	45.4

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
1.6	−1.4	5.5	6.5
−1.7	−0.7	−9	−2.6
−0.3	3.1	3.1	−3.3
−0.4	1	−0.4	0.5
−1.7	−0.7	−8.5	−1
−0.1	−2.1	−3	5.4
–	–	−0.8	−0.3

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

BSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you