- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-22-0078295

About Meera Industries Limited
Data last updated:
Meera Industries Limited is a public limited company based in Surat, Gujarat, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 05 July 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L29298GJ2006PLC048627. Its GSTIN is 24AAECM7229A1ZV (Gujarat). It is a listed company as per MCA records. Its shares are listed on BSE: 540519.
The company has an authorised share capital of ₹16 Cr and a paid-up capital of ₹10.68 Cr. It was formerly known as Meera Industries Private Limited. It is led by directors including Dharmesh Vinodbhai Desai (Managing Director) and Bijal Dharmeshbhai Desai (Whole-Time Director).
Its last annual general meeting (AGM) was held on 11 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 2126 Road No. 2 GIDC Sachin, Surat, Gujarat, India – 394230.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹37.83 Cr, a decline of 5.1% compared to the previous year. For the same year it recorded a net profit of ₹98 Lakh (net margin 2.6%) and EBITDA of ₹2.86 Cr (EBITDA margin 7.6%). The net worth stands at ₹29.9 Cr (up 2.5% YoY). Total assets are valued at ₹35.94 Cr (down 4.5% YoY).
The company has about 86 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Meera Industries. As per MCA filings, the company has open charges of ₹14.49 Cr and satisfied charges of ₹1.52 Cr on record. Court records list 11 cases involving the company, including 5 filed by the company and 6 filed against it. The company has 36 deals on record (35 market trades, 1 ipo); the latest was in January 2026. The company has 12 MSME Form 1 returns on record between 2019 and 2023, listing 1,253 overdue payments to 31 micro and small suppliers.
Meera Industries Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0078295). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website meeraind.com.
Company details
CIN history
Meera Industries has one previous CIN (Corporate Identification Number): U29298GJ2006PLC048627. The current CIN is L29298GJ2006PLC048627, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L29298GJ2006PLC048627 | Current |
| U29298GJ2006PLC048627 | Previous |
Recognitions & Rankings of Meera Industries
Contact details
Meera Industries Limited's registered office is in Surat, Gujarat. Its website is meeraind.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address2126 Road No. 2 GIDC Sachin, Surat, Gujarat, India – 394230
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Meera Industries Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Meera Industries operates one associated brand: Meera Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of textile machineries | meeraind.com |
Business activity
The main business activity of Meera Industries is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and textile, leather and other apparel products. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | |
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Meera Industries Limited, buy the company report.
Financials of Meera Industries Limited
FY 2025-26 filings availableMeera Industries Limited reported revenue of ₹37.83 Cr (down 5.1% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 37.83 | 39.85 | 30.14 | 20.34 | 31.66 | 22.35 | 20.27 |
| Revenue growth | -5.1% | +32.2% | +48.2% | -35.8% | +41.7% | +10.3% | - |
| EBITDA | 2.86 | 5.79 | 2.94 | (0.45) | 4.78 | 3.22 | 0.36 |
| EBITDA margin | +7.6% | +14.5% | +9.8% | -2.2% | +15.1% | +14.4% | +1.8% |
| Profit before tax | 1.13 | 4.62 | 1.63 | (1.37) | 3.77 | 2.87 | 0.75 |
| Net profit | 0.98 | 3.71 | 1.45 | (1.37) | 2.65 | 2.14 | 0.47 |
| Net profit margin | +2.6% | +9.3% | +4.8% | -6.7% | +8.4% | +9.6% | +2.3% |
| EPS (₹) | 0.46 | 3.49 | 1.37 | (1.29) | 2.50 | 2.01 | 0.49 |
| Balance sheet | |||||||
| Total assets | 35.94 | 37.63 | 30.66 | 25.90 | 27.53 | 24.84 | 23.46 |
| Net worth | 29.90 | 29.16 | 26.25 | 24.79 | 26.15 | 24.77 | 23.36 |
| Total debt | 5.94 | 8.21 | 4.15 | 1.01 | 1.25 | 0.00 | 0.00 |
| Cash & bank | 0.97 | 0.43 | 1.50 | 0.52 | 0.91 | 3.45 | 1.10 |
| Net working capital | 7.86 | 10.38 | 11.63 | 6.15 | 9.07 | 11.31 | 8.52 |
| Cash flow | |||||||
| Cash from operations | 6.47 | 5.46 | (1.39) | 1.64 | 3.10 | 7.49 | (5.60) |
| Cash from investing | (2.63) | (8.95) | (0.69) | (1.70) | (2.85) | (5.15) | (5.33) |
| Cash from financing | (3.29) | 3.11 | 3.06 | (0.33) | (1.57) | (0.74) | 8.91 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 12.35 | 8.82 | 8.80 | 9.69 | 10.52 | 7.40 | 11.64 | 10.90 |
| Revenue growth (YoY) | +17.4% | +19.2% | -24.4% | -11.1% | +6.2% | - | - | - |
| Other income | 0.20 | 0.34 | 0.25 | 0.13 | 0.17 | 0.14 | 0.03 | 0.08 |
| EBITDA | 1.39 | (0.43) | 0.61 | 1.24 | 1.44 | 0.60 | 2.07 | 1.94 |
| EBITDA margin | +11.3% | -4.9% | +6.9% | +12.8% | +13.7% | +8.1% | +17.8% | +17.8% |
| Depreciation | 0.47 | 0.44 | 0.45 | 0.45 | 0.44 | 0.32 | 0.31 | 0.32 |
| Interest | 0.18 | 0.30 | 0.19 | 0.19 | 0.16 | 0.09 | 0.04 | 0.06 |
| Profit before tax | 0.94 | (0.83) | 0.22 | 0.73 | 1.01 | 0.33 | 1.75 | 1.64 |
| Tax | 0.24 | (0.19) | (0.07) | 0.20 | 0.20 | 0.15 | 0.40 | 0.35 |
| Net profit | 0.70 | (0.64) | 0.29 | 0.53 | 0.81 | 0.18 | 1.35 | 1.29 |
| EPS (₹) | 0.33 | (0.30) | 0.14 | 0.48 | 0.75 | 0.09 | 1.26 | 1.21 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 36.75 | 40.26 | 30.14 | 18.72 | 31.77 | 21.89 | 20.16 |
| Revenue growth | -8.7% | +33.6% | +61.0% | -41.1% | +45.1% | +8.6% | - |
| EBITDA | 2.59 | 5.96 | 2.94 | (1.07) | 4.72 | 3.25 | 0.38 |
| EBITDA margin | +7.1% | +14.8% | +9.8% | -5.7% | +14.9% | +14.9% | +1.9% |
| Profit before tax | 0.98 | 4.79 | 1.63 | (1.85) | 3.91 | 2.91 | 0.77 |
| Net profit | 0.73 | 3.88 | 1.45 | (1.98) | 2.61 | 2.13 | 0.49 |
| Net profit margin | +2.0% | +9.6% | +4.8% | -10.6% | +8.2% | +9.7% | +2.4% |
| EPS (₹) | 0.40 | 3.65 | 1.37 | (1.73) | 2.64 | 1.99 | 0.52 |
| Balance sheet | |||||||
| Total assets | 35.50 | 37.33 | 30.18 | 25.41 | 27.48 | 24.65 | 23.28 |
| Net worth | 29.46 | 28.85 | 25.77 | 24.30 | 26.10 | 24.58 | 23.18 |
| Total debt | 5.94 | 8.21 | 4.15 | 1.01 | 1.25 | 0.00 | 0.00 |
| Cash & bank | 0.97 | 0.43 | 1.50 | 0.52 | 0.78 | 3.45 | 1.05 |
| Net working capital | 7.37 | 10.00 | 11.08 | 5.58 | 8.71 | 10.50 | 7.72 |
| Cash flow | |||||||
| Cash from operations | 6.33 | 5.46 | (1.39) | 1.39 | 2.58 | 7.41 | (5.63) |
| Cash from investing | (2.49) | (8.95) | (0.69) | (1.32) | (2.45) | (5.02) | (5.33) |
| Cash from financing | (3.29) | 3.11 | 3.06 | (0.33) | (1.59) | (0.74) | 8.91 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 12.35 | 8.81 | 8.79 | 9.67 | 9.48 | 7.81 | 11.64 | 10.90 |
| Revenue growth (YoY) | +30.3% | +12.8% | -24.5% | -11.3% | -4.3% | - | - | - |
| Other income | 0.20 | 0.34 | 0.25 | 0.13 | 0.29 | 0.14 | 0.03 | 0.08 |
| Total expenses | 10.94 | 9.23 | 8.16 | 8.43 | 8.32 | 7.04 | 9.57 | 8.96 |
| EBITDA | 1.41 | (0.42) | 0.63 | 1.24 | 1.16 | 0.77 | 2.07 | 1.94 |
| EBITDA margin | +11.4% | -4.8% | +7.2% | +12.8% | +12.2% | +9.9% | +17.8% | +17.8% |
| Depreciation | 0.47 | 0.44 | 0.45 | 0.45 | 0.44 | 0.32 | 0.31 | 0.32 |
| Interest | 0.18 | 0.30 | 0.19 | 0.19 | 0.16 | 0.09 | 0.04 | 0.06 |
| Profit before tax | 0.96 | (0.82) | 0.24 | 0.73 | 0.85 | 0.50 | 1.75 | 1.64 |
| Tax | 0.24 | (0.19) | (0.07) | 0.20 | 0.20 | 0.15 | 0.40 | 0.35 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 12.35 | 8.82 | 8.80 | 9.69 | 10.52 | 7.40 | 11.64 | 10.90 |
| Revenue growth (YoY) | +17.4% | +19.2% | -24.4% | -11.1% | +6.2% | - | - | - |
| Other income | 0.20 | 0.34 | 0.25 | 0.13 | 0.17 | 0.14 | 0.03 | 0.08 |
| EBITDA | 1.39 | (0.43) | 0.61 | 1.24 | 1.44 | 0.60 | 2.07 | 1.94 |
| EBITDA margin | +11.3% | -4.9% | +6.9% | +12.8% | +13.7% | +8.1% | +17.8% | +17.8% |
| Depreciation | 0.47 | 0.44 | 0.45 | 0.45 | 0.44 | 0.32 | 0.31 | 0.32 |
| Interest | 0.18 | 0.30 | 0.19 | 0.19 | 0.16 | 0.09 | 0.04 | 0.06 |
| Profit before tax | 0.94 | (0.83) | 0.22 | 0.73 | 1.01 | 0.33 | 1.75 | 1.64 |
| Tax | 0.24 | (0.19) | (0.07) | 0.20 | 0.20 | 0.15 | 0.40 | 0.35 |
| Net profit | 0.70 | (0.64) | 0.29 | 0.53 | 0.81 | 0.18 | 1.35 | 1.29 |
| EPS (₹) | 0.33 | (0.30) | 0.14 | 0.48 | 0.75 | 0.09 | 1.26 | 1.21 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 37.83 | 39.85 | 30.14 | 20.34 | 31.66 | 22.35 | 20.27 |
| Revenue growth | -5.1% | +32.2% | +48.2% | -35.8% | +41.7% | +10.3% | - |
| Other income | 0.88 | 0.32 | 0.04 | 0.27 | 0.23 | 0.37 | 0.85 |
| Total expenses | 34.97 | 34.06 | 27.20 | 20.79 | 26.88 | 19.13 | 19.91 |
| Employee cost | 0.00 | 3.98 | 3.69 | 3.37 | 3.89 | 2.68 | 2.78 |
| EBITDA | 2.86 | 5.79 | 2.94 | (0.45) | 4.78 | 3.22 | 0.36 |
| EBITDA margin | +7.6% | +14.5% | +9.8% | -2.2% | +15.1% | +14.4% | +1.8% |
| Depreciation | 1.78 | 1.27 | 1.24 | 1.09 | 1.02 | 0.69 | 0.43 |
| Interest | 0.83 | 0.22 | 0.11 | 0.10 | 0.22 | 0.03 | 0.03 |
| Profit before tax | 1.13 | 4.62 | 1.63 | (1.37) | 3.77 | 2.87 | 0.75 |
| Tax | 0.15 | 0.91 | 0.18 | 0.00 | 1.11 | 0.72 | 0.23 |
| Net profit | 0.98 | 3.71 | 1.45 | (1.37) | 2.65 | 2.14 | 0.47 |
| Net profit margin | +2.6% | +9.3% | +4.8% | -6.7% | +8.4% | +9.6% | +2.3% |
| EPS (₹) | 0.46 | 3.49 | 1.37 | (1.29) | 2.50 | 2.01 | 0.49 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 10.68 | 10.68 | 10.68 | 10.68 | 10.68 | 10.68 | 10.68 |
| Reserves & surplus | 19.22 | 18.48 | 15.57 | 14.11 | 15.47 | 14.09 | 12.68 |
| Shareholders' funds (net worth) | 29.90 | 29.16 | 26.25 | 24.79 | 26.15 | 24.77 | 23.36 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 5.94 | 7.79 | 3.43 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 0.00 | 0.42 | 0.72 | 1.01 | 1.25 | 0.00 | 0.00 |
| Total debt | 5.94 | 8.21 | 4.15 | 1.01 | 1.25 | 0.00 | 0.00 |
| Total liabilities | 35.94 | 37.63 | 30.66 | 25.90 | 27.53 | 24.84 | 23.46 |
| Assets | |||||||
| Gross block | 34.13 | 25.98 | 25.11 | 24.76 | 20.17 | 16.38 | 12.22 |
| Net block | 24.72 | 18.31 | 18.50 | 19.40 | 15.90 | 13.12 | 9.50 |
| Capital work in progress | 0.00 | 7.32 | 0.37 | 0.02 | 2.90 | 0.57 | 0.17 |
| Investments | 0.77 | 0.08 | 0.07 | 0.07 | 0.06 | 0.05 | 0.06 |
| Inventories | 9.41 | 7.79 | 9.40 | 10.67 | 9.92 | 8.49 | 8.38 |
| Sundry debtors | 4.59 | 6.35 | 2.38 | 2.54 | 3.23 | 4.07 | 1.84 |
| Cash & bank balances | 0.97 | 0.43 | 1.50 | 0.52 | 0.91 | 3.45 | 1.10 |
| Loans & advances | 1.42 | 0.66 | 4.48 | 1.73 | 2.97 | 2.95 | 3.13 |
| Total current assets | 16.39 | 15.23 | 17.76 | 15.46 | 17.03 | 18.96 | 14.45 |
| Total current liabilities | 8.53 | 4.85 | 6.13 | 9.31 | 7.96 | 7.65 | 5.93 |
| Net working capital | 7.86 | 10.38 | 11.63 | 6.15 | 9.07 | 11.31 | 8.52 |
| Total assets | 35.94 | 37.63 | 30.66 | 25.90 | 27.53 | 24.84 | 23.46 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.43 | 0.80 | 0.52 | 0.91 | 2.23 | 0.63 | 3.12 |
| Net cash from operating activities | 6.47 | 5.46 | (1.39) | 1.64 | 3.10 | 7.49 | (5.60) |
| Net cash from investing activities | (2.63) | (8.95) | (0.69) | (1.70) | (2.85) | (5.15) | (5.33) |
| Net cash from financing activities | (3.29) | 3.11 | 3.06 | (0.33) | (1.57) | (0.74) | 8.91 |
| Net change in cash | 0.54 | (0.37) | 0.98 | (0.39) | (1.32) | 1.60 | (2.02) |
| Closing cash | 0.97 | 0.43 | 1.50 | 0.52 | 0.91 | 3.45 | 1.10 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -5.1% | +32.2% | +48.2% | -35.8% | +41.7% | +10.3% | - |
| EBITDA growth | -50.6% | +96.9% | +753.3% | -109.4% | +48.5% | +794.4% | - |
| PBT growth | -75.5% | +183.4% | +9998.0% | - | +31.4% | +282.7% | -88.7% |
| Net income growth | -73.6% | +155.9% | +205.8% | -151.7% | +23.8% | +355.3% | - |
| Revenue CAGR (3Y) | +23.0% | +8.0% | +10.5% | +0.1% | -3.7% | +1.3% | +15.5% |
| EBITDA CAGR (3Y) | - | +6.6% | -3.0% | - | -7.8% | -0.3% | -36.6% |
| Profitability & leverage | |||||||
| Net income margin | +2.6% | +9.3% | +4.8% | -6.7% | +8.4% | +9.6% | +2.6% |
| Return on capital employed | - | +14.2% | +6.2% | -4.8% | +15.2% | +12.0% | +4.2% |
| Return on net worth | - | +13.4% | +5.7% | -5.4% | +10.5% | +8.9% | +2.8% |
| Debt / equity | - | 0.22 | 0.10 | 0.04 | 0.02 | 0.00 | 0.00 |
| Long-term debt / equity | - | 0.13 | 0.08 | 0.03 | 0.02 | 0.00 | 0.00 |
| Interest cover | 76.85 | 4.87 | 6.47 | -6.49 | 5.85 | 1.19 | -42.86 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 1.56 | 1.21 | 0.91 | 1.73 | 1.56 | 2.10 |
| Inventory turnover | - | 4.64 | 3.00 | 1.98 | 3.44 | 2.65 | 2.70 |
| Debtors turnover | - | 9.13 | 12.25 | 7.05 | 8.67 | 7.56 | 7.72 |
| EPS (₹) | 0.46 | 3.49 | 1.37 | (1.29) | 2.50 | 2.01 | 0.49 |
| Dividend per share (₹) | 0.25 | 0.50 | 0.00 | 0.00 | 0.50 | 1.20 | 1.00 |
| Book value per share (₹) | 0.00 | 27.30 | 24.58 | 23.21 | 24.49 | 23.19 | 21.88 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 12.35 | 8.81 | 8.79 | 9.67 | 9.48 | 7.81 | 11.64 | 10.90 |
| Revenue growth (YoY) | +30.3% | +12.8% | -24.5% | -11.3% | -4.3% | - | - | - |
| Other income | 0.20 | 0.34 | 0.25 | 0.13 | 0.29 | 0.14 | 0.03 | 0.08 |
| Total expenses | 10.94 | 9.23 | 8.16 | 8.43 | 8.32 | 7.04 | 9.57 | 8.96 |
| EBITDA | 1.41 | (0.42) | 0.63 | 1.24 | 1.16 | 0.77 | 2.07 | 1.94 |
| EBITDA margin | +11.4% | -4.8% | +7.2% | +12.8% | +12.2% | +9.9% | +17.8% | +17.8% |
| Depreciation | 0.47 | 0.44 | 0.45 | 0.45 | 0.44 | 0.32 | 0.31 | 0.32 |
| Interest | 0.18 | 0.30 | 0.19 | 0.19 | 0.16 | 0.09 | 0.04 | 0.06 |
| Profit before tax | 0.96 | (0.82) | 0.24 | 0.73 | 0.85 | 0.50 | 1.75 | 1.64 |
| Tax | 0.24 | (0.19) | (0.07) | 0.20 | 0.20 | 0.15 | 0.40 | 0.35 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 36.75 | 40.26 | 30.14 | 18.72 | 31.77 | 21.89 | 20.16 |
| Revenue growth | -8.7% | +33.6% | +61.0% | -41.1% | +45.1% | +8.6% | - |
| Other income | 1.00 | 0.32 | 0.04 | 0.41 | 0.42 | 0.37 | 0.85 |
| Total expenses | 34.16 | 34.30 | 27.20 | 19.79 | 27.05 | 18.64 | 19.78 |
| Employee cost | 0.00 | 3.98 | 3.69 | 3.37 | 3.89 | 2.68 | 2.78 |
| EBITDA | 2.59 | 5.96 | 2.94 | (1.07) | 4.72 | 3.25 | 0.38 |
| EBITDA margin | +7.1% | +14.8% | +9.8% | -5.7% | +14.9% | +14.9% | +1.9% |
| Depreciation | 1.78 | 1.27 | 1.24 | 1.09 | 1.01 | 0.68 | 0.42 |
| Interest | 0.83 | 0.22 | 0.11 | 0.10 | 0.22 | 0.03 | 0.04 |
| Profit before tax | 0.98 | 4.79 | 1.63 | (1.85) | 3.91 | 2.91 | 0.77 |
| Tax | 0.15 | 0.91 | 0.18 | 0.00 | 1.11 | 0.77 | 0.23 |
| Net profit | 0.73 | 3.88 | 1.45 | (1.98) | 2.61 | 2.13 | 0.49 |
| Net profit margin | +2.0% | +9.6% | +4.8% | -10.6% | +8.2% | +9.7% | +2.4% |
| EPS (₹) | 0.40 | 3.65 | 1.37 | (1.73) | 2.64 | 1.99 | 0.52 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 10.68 | 10.68 | 10.68 | 10.68 | 10.68 | 10.68 | 10.68 |
| Reserves & surplus | 18.78 | 18.17 | 15.09 | 13.62 | 15.42 | 13.90 | 12.50 |
| Shareholders' funds (net worth) | 29.46 | 28.85 | 25.77 | 24.30 | 26.10 | 24.58 | 23.18 |
| Secured loans | 5.94 | 7.79 | 3.43 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 0.00 | 0.42 | 0.72 | 1.01 | 1.25 | 0.00 | 0.00 |
| Total debt | 5.94 | 8.21 | 4.15 | 1.01 | 1.25 | 0.00 | 0.00 |
| Total liabilities | 35.50 | 37.33 | 30.18 | 25.41 | 27.48 | 24.65 | 23.28 |
| Assets | |||||||
| Gross block | 34.09 | 25.94 | 25.08 | 24.73 | 21.59 | 16.35 | 12.19 |
| Net block | 24.71 | 18.30 | 18.50 | 19.39 | 15.88 | 13.10 | 9.47 |
| Capital work in progress | 0.00 | 7.32 | 0.37 | 0.02 | 2.90 | 0.57 | 0.17 |
| Investments | 0.84 | 0.16 | 0.15 | 0.15 | 0.39 | 0.69 | 0.71 |
| Inventories | 8.96 | 6.84 | 8.71 | 9.97 | 8.58 | 7.66 | 7.34 |
| Sundry debtors | 4.54 | 6.67 | 2.51 | 2.66 | 3.83 | 4.01 | 1.98 |
| Cash & bank balances | 0.97 | 0.43 | 1.50 | 0.52 | 0.78 | 3.45 | 1.05 |
| Loans & advances | 1.55 | 0.65 | 4.47 | 1.72 | 2.86 | 2.94 | 3.13 |
| Total current assets | 16.02 | 14.59 | 17.19 | 14.87 | 16.05 | 18.06 | 13.50 |
| Total current liabilities | 8.65 | 4.59 | 6.11 | 9.29 | 7.34 | 7.56 | 5.78 |
| Net working capital | 7.37 | 10.00 | 11.08 | 5.58 | 8.71 | 10.50 | 7.72 |
| Total assets | 35.50 | 37.33 | 30.18 | 25.41 | 27.48 | 24.65 | 23.28 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.43 | 0.80 | 0.52 | 0.78 | 2.23 | 0.58 | 3.10 |
| Net cash from operating activities | 6.33 | 5.46 | (1.39) | 1.39 | 2.58 | 7.41 | (5.63) |
| Net cash from investing activities | (2.49) | (8.95) | (0.69) | (1.32) | (2.45) | (5.02) | (5.33) |
| Net cash from financing activities | (3.29) | 3.11 | 3.06 | (0.33) | (1.59) | (0.74) | 8.91 |
| Net change in cash | 0.54 | (0.37) | 0.98 | (0.26) | (1.46) | 1.65 | (2.05) |
| Closing cash | 0.97 | 0.43 | 1.50 | 0.52 | 0.78 | 3.45 | 1.05 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -8.7% | +33.6% | +61.0% | -41.1% | +45.1% | +8.6% | - |
| EBITDA growth | -56.5% | +102.7% | +374.8% | -122.7% | +45.2% | +755.3% | - |
| PBT growth | -79.5% | +193.9% | +9998.0% | - | +34.4% | +277.9% | -87.4% |
| Net income growth | -81.2% | +167.6% | +173.2% | -175.9% | +22.5% | +334.7% | - |
| Revenue CAGR (3Y) | +25.2% | +8.2% | +11.3% | -2.4% | -2.7% | +1.2% | +15.3% |
| EBITDA CAGR (3Y) | - | +8.1% | -3.3% | - | -6.3% | -1.4% | -35.4% |
| Profitability & leverage | |||||||
| Net income margin | +2.3% | +9.6% | +4.8% | -9.9% | +8.8% | +9.8% | +2.7% |
| Return on capital employed | - | +14.8% | +6.3% | -6.6% | +15.8% | +12.2% | +4.5% |
| Return on net worth | - | +14.2% | +5.9% | -7.3% | +11.1% | +8.9% | +3.0% |
| Debt / equity | - | 0.23 | 0.10 | 0.04 | 0.02 | 0.00 | 0.00 |
| Long-term debt / equity | - | 0.14 | 0.08 | 0.03 | 0.02 | 0.00 | 0.00 |
| Interest cover | 102.47 | 4.69 | 6.47 | -4.63 | 5.93 | 1.17 | -100.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 1.58 | 1.21 | 0.81 | 1.67 | 1.53 | 2.10 |
| Inventory turnover | - | 5.18 | 3.23 | 2.02 | 3.91 | 2.92 | 3.05 |
| Debtors turnover | - | 8.77 | 11.66 | 5.77 | 8.10 | 7.31 | 7.61 |
| EPS (₹) | 0.40 | 3.65 | 1.37 | (1.73) | 2.64 | 1.99 | 0.52 |
| Dividend per share (₹) | 0.25 | 0.50 | 0.00 | 0.00 | 0.00 | 1.20 | 1.00 |
| Book value per share (₹) | 0.00 | 27.02 | 24.13 | 22.75 | 24.44 | 23.01 | 21.70 |
To see the full year-wise statements and ratios of Meera Industries Limited, buy the company report.
Board of directors of Meera Industries Limited
Meera Industries has 9 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dharmesh Vinodbhai Desai | Managing Director | 05 Jul 2006 | 20 Years 3 Months | Current |
| Bijal Dharmeshbhai Desai | Whole-Time Director | 05 Jul 2006 | 20 Years 3 Months | Current |
| Mayank Yashwantrai Desai Also directs: NGD Infraprojects Limited Liability Partnership, Cayroz Corporation LLP, Cayroz 360 Corporation LLP and 5 more | Director | 28 Jan 2017 | 9 Years 9 Months | Current |
| Hetal Mehta Also directs: Science Engineering & Technological Upliftment Foundation, Aaron Industries Limited, Kirti Technologies Private Limited and 1 more | Director | 07 Apr 2017 | 9 Years 6 Months | Current |
| Sanjay Natwarlal Mehta | Director | 10 Oct 2017 | 9 Years 0 Months | Current |
| Rajendrabhai Vanmalibhai Kalyani | Director | 18 May 2022 | 4 Years 5 Months | Current |
Auditor
Meera Industries Limited is audited by K A Sanghavi and Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K A Sanghavi and Co. | FY 2023 | 120846W |
Shareholding
Shareholding for the quarter ended Mar 2026: promoters hold 61.70%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 38.30%.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | |
|---|---|---|---|---|
| Promoters | 61.70% | 61.70% | 61.70% | 61.40% |
| Public | 38.30% | 38.30% | 38.30% | 38.60% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Sep 2026 | 101398170 | Hdfc Bank Limited | ₹25.35 Lakh | Open | |
| 16 Feb 2024 | 100875554 | Hdfc Bank Limited | ₹14.24 Cr | Open | |
| 25 Aug 2006 | 10020353 | Axis Bank Limited | ₹1.52 Cr | Satisfied |
To see the full charge records of Meera Industries Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Meera Industries Limited has 36 deals on record (35 market trades, 1 ipo); the latest was in January 2026.
Deals on record (5 of 36)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2026 | Market trade | ₹62.8 Lakh | Buyer: Maple Leaf Advisory Private Limited Seller: Maple Leaf Advisory Private Limited |
| Dec 2024 | Market trade | ₹50.9 Lakh | Seller: Multiplier Share and Stock Advisors Private Limited |
| Dec 2024 | Market trade | ₹1.07 Cr | Buyer: Multiplier Share and Stock Advisors Private Limited Seller: an individual |
| Nov 2024 | Market trade | ₹63.5 Lakh | Seller: Multiplier Share and Stock Advisors Private Limited |
| Nov 2024 | Market trade | ₹54.7 Lakh | Buyer: Multiplier Share and Stock Advisors Private Limited |
To see the full deal history of Meera Industries Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Meera Industries Limited has 11 court cases on record: 5 filed by Meera Industries, 6 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 4 | 0 |
| High courts | 3 | 2 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against M/S FWZ Cycles Pvt Ltd | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against M/S Arpan International Ltd | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against M/S Atlas Cycles Haryana Ltd | Disposed |
| High Court of Delhi | Court case (CO.PET.) | Filed by the company against Appl Bikes Ltd. & Ors. | Disposed |
| Bombay High Court | Court case (APPLN) | Filed against the company by M/S. Shroff Textiles Limited | Disposed |
To see the full case history of Meera Industries Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Meera Industries Limited has 12 MSME Form 1 returns on record between 2019 and 2023, listing 1,253 overdue payments to 31 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 31)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Mototechnika | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Meera Industries Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Meera Industries Limited has a workforce of 86 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Meera Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECM7229A1ZV | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Meera Industries Limited, buy the company report.
Recent activity
Meera Industries Limited has 16 board changes on record since 2006: 13 appointments and 3 cessations. The latest: Het Dharmeshkumar Desai was appointed as Director on 31 Aug 2026.
13 earlier events are in the company report.
News
Frequently asked questions
Meera Industries is an active public limited company based in Surat, Gujarat, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 05 July 2006 (20+ years old) and is registered under CIN L29298GJ2006PLC048627. Listed on BSE: 540519.
Meera Industries reported revenue of ₹37.83 Cr for FY 2025-26 (down 5.1% YoY) based on consolidated financials.
Meera Industries has 9 current directors:
- Dharmesh Vinodbhai Desai - Managing Director
- Bijal Dharmeshbhai Desai - Whole-Time Director
- Mayank Yashwantrai Desai - Director
- Hetal Mehta - Director
- Sanjay Natwarlal Mehta - Director
- Rajendrabhai Vanmalibhai Kalyani - Director
- Hitesh Ranjeetbhai Agnihotri - Director
- Kenny Dharmeshkumar Desai - Director
- Het Dharmeshkumar Desai - Director
The latest financial statements of Meera Industries on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 11 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Meera Industries is 24AAECM7229A1ZV, registered in Gujarat.
The CIN (Corporate Identification Number) of Meera Industries is L29298GJ2006PLC048627. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Meera Industries is a listed company as per MCA records. Its shares are listed on BSE (code: 540519).
Meera Industries has 11 court cases on record: 5 filed by the company and 6 filed against it. Most are in the district courts.
Meera Industries was incorporated on 05 July 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Meera Industries has 36 deals on record (35 market trades, 1 ipo); the latest was in January 2026.
Het Dharmeshkumar Desai was appointed as Director on 31 Aug 2026. Vinod Ojha ceased to be CFO on 30 Nov 2025. Hitesh Ranjeetbhai Agnihotri was appointed as Director on 29 Oct 2024. Meera Industries has 16 board changes on record in total.