Meyer Apparel Ltd

Meyer Apparel Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Meyer Apparel Ltd

₹ 2.20 4.76%
22 Jul 2:05 p.m.
givo.com, www.meyerapparel.com BSE: 531613
About

Incorporated in 1993, Meyer Apparel Ltd manufactures men's ready-made garments for wholesale and retail markets.

Key Points

Business Overview:[1]
Meyer Apparel Limited was set up with technical and financial collaboration with Marzotto Spa of Italy. Company supplies industrially manufactured classic men's wear, using equipment imported from Europe.

Website BSE
  • Market Cap ₹ 17.7 Cr.
  • Current Price ₹ 2.20
  • High / Low ₹ 2.66 / 1.41
  • Stock P/E
  • Book Value ₹ -3.94
  • Dividend Yield 0.00 %
  • ROCE %
  • ROE %
  • Face Value ₹ 3.00
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Pros

Cons

  • Company has low interest coverage ratio.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Readymade Garments/ Apparells Industry: Textiles - Products

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Quarterly Results

Figures in Rs. Crores

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
0.95 0.16 1.90 1.17 1.06 0.99 0.90 2.42 1.99 1.08 0.62 1.11 1.48
1.59 0.62 2.22 1.59 1.62 1.40 1.39 2.86 2.71 1.69 1.24 1.56 1.84
Operating Profit -0.64 -0.46 -0.32 -0.42 -0.56 -0.41 -0.49 -0.44 -0.72 -0.61 -0.62 -0.45 -0.36
OPM % -67.37% -287.50% -16.84% -35.90% -52.83% -41.41% -54.44% -18.18% -36.18% -56.48% -100.00% -40.54% -24.32%
0.71 0.27 0.38 0.08 0.01 0.30 0.05 0.03 0.05 0.09 0.06 0.09 0.01
Interest -0.01 0.00 0.00 0.01 0.01 0.01 0.00 0.01 0.02 0.01 0.01 0.01 0.00
Depreciation -0.12 0.01 0.01 0.01 0.01 0.01 0.00 0.00 0.00 0.01 0.01 0.01 0.01
Profit before tax 0.20 -0.20 0.05 -0.36 -0.57 -0.13 -0.44 -0.42 -0.69 -0.54 -0.58 -0.38 -0.36
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.20 -0.20 0.05 -0.35 -0.56 -0.13 -0.44 -0.43 -0.69 -0.53 -0.57 -0.37 -0.36
EPS in Rs 0.02 -0.02 0.01 -0.04 -0.07 -0.02 -0.05 -0.05 -0.09 -0.07 -0.07 -0.05 -0.04
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
16.66 20.57 22.61 27.70 20.28 11.09 8.59 5.42 2.61 4.30 6.30 4.28
16.60 20.24 22.76 27.41 22.23 15.87 10.43 10.43 4.12 6.06 8.36 6.32
Operating Profit 0.06 0.33 -0.15 0.29 -1.95 -4.78 -1.84 -5.01 -1.51 -1.76 -2.06 -2.04
OPM % 0.36% 1.60% -0.66% 1.05% -9.62% -43.10% -21.42% -92.44% -57.85% -40.93% -32.70% -47.66%
1.17 1.06 0.83 -29.73 1.33 3.33 0.48 -1.43 0.84 0.74 0.43 0.26
Interest 0.26 0.40 0.47 0.21 0.14 0.18 0.12 0.27 0.20 0.02 0.04 0.03
Depreciation 0.52 0.57 0.47 0.44 0.40 0.44 0.89 0.78 0.58 0.03 0.02 0.02
Profit before tax 0.45 0.42 -0.26 -30.09 -1.16 -2.07 -2.37 -7.49 -1.45 -1.07 -1.69 -1.83
Tax % 51.11% 45.24% -7.69% 15.92% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.22 0.23 -0.24 -34.87 -1.16 -2.08 -2.37 -7.49 -1.45 -1.07 -1.68 -1.83
EPS in Rs 0.03 0.03 -0.03 -4.33 -0.14 -0.26 -0.29 -0.93 -0.18 -0.13 -0.21 -0.23
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: -15%
5 Years: -13%
3 Years: 18%
TTM: -32%
Compounded Profit Growth
10 Years: %
5 Years: 4%
3 Years: 0%
TTM: 5%
Stock Price CAGR
10 Years: -3%
5 Years: 19%
3 Years: 6%
1 Year: 21%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 24.27 24.27 24.27 24.27 24.27 24.27 24.27 24.27 24.27 24.27 24.27 24.27
Reserves 4.98 5.22 1.84 -33.03 -36.61 -38.48 -40.84 -49.87 -51.40 -52.46 -54.15 -55.98
3.76 4.38 1.45 0.49 0.54 0.35 0.14 2.32 0.00 0.00 0.00 0.00
12.62 15.23 12.36 43.18 38.99 37.45 37.02 36.52 34.81 33.64 33.87 33.52
Total Liabilities 45.63 49.10 39.92 34.91 27.19 23.59 20.59 13.24 7.68 5.45 3.99 1.81
8.08 7.62 2.89 2.78 2.71 2.17 1.20 3.04 0.49 0.11 0.13 0.12
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 9.87 9.87 9.87 11.70 5.30 5.30 5.30 1.65 1.25 0.62 0.00 0.00
27.68 31.61 27.16 20.43 19.18 16.12 14.09 8.55 5.94 4.72 3.86 1.69
Total Assets 45.63 49.10 39.92 34.91 27.19 23.59 20.59 13.24 7.68 5.45 3.99 1.81

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-0.90 -0.35 3.62 1.40 -6.20 -2.52 -0.93 0.93 0.48 -2.33 -0.58 0.01
-0.71 -0.20 -0.49 -2.22 5.62 3.87 0.20 -0.13 1.02 1.30 0.59 -0.01
1.91 0.58 -2.96 -0.94 -0.10 -0.37 -0.20 -0.74 -0.64 0.00 -0.01 -0.01
Net Cash Flow 0.30 0.03 0.17 -1.76 -0.68 0.98 -0.93 0.06 0.85 -1.03 -0.01 -0.02

Ratios

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 73.18 100.61 117.52 101.99 143.80 147.12 108.35 47.14 2.80 61.97 12.17 2.56
Inventory Days 208.49 191.91 172.67 165.54 214.18 258.05 514.85 288.38 669.50 362.69 257.65 125.71
Days Payable 135.60 154.28 188.04 148.90 41.50 80.04 157.35 161.75 88.73 3.47 18.04 0.00
Cash Conversion Cycle 146.06 138.24 102.15 118.64 316.49 325.13 465.86 173.77 583.57 421.19 251.78 128.27
Working Capital Days 74.05 83.22 102.19 -300.56 -397.22 -790.23 -1,027.86 -2,015.58 -4,273.72 -2,460.78 -1,736.36 -2,712.77
ROCE % 2.18% 2.45% 0.68% -0.21%

Shareholding Pattern

Numbers in percentages

Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
74.32% 74.32% 74.32% 74.32% 74.31% 74.31% 74.31% 74.31% 74.31% 74.31% 74.31% 74.31%
0.43% 0.43% 0.43% 0.43% 0.44% 0.44% 0.44% 0.44% 0.36% 0.36% 0.36% 0.36%
25.25% 25.25% 25.25% 25.25% 25.24% 25.25% 25.25% 25.26% 25.33% 25.33% 25.33% 25.33%
No. of Shareholders 6,4466,4656,4636,5976,6976,7206,6736,6786,8706,8256,8476,885

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

Announcements

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