Financials Meera Industries Limited

Equities

MEERA6

INE343X01018

Industrial Machinery & Equipment

Market Closed - Bombay S.E. 06:00:50 2024-04-26 am EDT 5-day change 1st Jan Change
44.55 INR -0.74% Intraday chart for Meera Industries Limited -0.20% +17.64%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 789.6 801.2 476.3 747.5 1,064 381.2
Enterprise Value (EV) 1 759.1 770 464.7 712.6 1,066 386.1
P/E ratio 31.1 x 16.2 x 90 x 33.7 x 39.8 x -27.7 x
Yield 1.09% 1.47% 0.93% 1.71% 0.5% -
Capitalization / Revenue 3.67 x 2.25 x 2.35 x 3.36 x 3.36 x 1.87 x
EV / Revenue 3.53 x 2.16 x 2.29 x 3.21 x 3.37 x 1.9 x
EV / EBITDA 22.2 x 11.7 x 59.3 x 21.4 x 22.5 x -66.3 x
EV / FCF -28.1 x -593 x -6.33 x -36.5 x -93.6 x 144 x
FCF Yield -3.56% -0.17% -15.8% -2.74% -1.07% 0.69%
Price to Book 8.74 x 5.74 x 2.04 x 2.99 x 4.07 x 1.54 x
Nbr of stocks (in thousands) 9,426 9,426 10,679 10,679 10,679 10,679
Reference price 2 83.77 85.00 44.60 70.00 99.60 35.70
Announcement Date 7/7/18 5/20/19 11/12/20 9/8/21 9/7/22 9/5/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Maart 2018 2019 2020 2021 2022 2023
Net sales 1 214.9 355.8 202.7 222.3 316.6 203.4
EBITDA 1 34.17 65.6 7.83 33.35 47.43 -5.826
EBIT 1 31.46 62.11 3.789 28.49 37.67 -13.45
Operating Margin 14.64% 17.45% 1.87% 12.81% 11.9% -6.61%
Earnings before Tax (EBT) 1 33.52 66.31 7.484 29.3 37.72 -13.75
Net income 1 24.7 49.46 5.213 22.23 26.71 -13.72
Net margin 11.49% 13.9% 2.57% 10% 8.44% -6.75%
EPS 2 2.696 5.246 0.4958 2.080 2.500 -1.290
Free Cash Flow 1 -27.03 -1.298 -73.41 -19.53 -11.39 2.676
FCF margin -12.58% -0.36% -36.23% -8.79% -3.6% 1.32%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 0.9167 1.250 0.4167 1.200 0.5000 -
Announcement Date 7/7/18 5/20/19 11/12/20 9/8/21 9/7/22 9/5/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - 2.76 4.85
Net Cash position 1 30.6 31.2 11.6 34.9 - -
Leverage (Debt/EBITDA) - - - - 0.0583 x -0.8321 x
Free Cash Flow 1 -27 -1.3 -73.4 -19.5 -11.4 2.68
ROE (net income / shareholders' equity) 38.6% 43.1% 2.79% 9.19% 10.5% -5.39%
ROA (Net income/ Total Assets) 17.4% 21.4% 0.92% 5.63% 6.84% -2.35%
Assets 1 141.9 231.5 564.1 395 390.2 585.1
Book Value Per Share 2 9.580 14.80 21.90 23.40 24.50 23.20
Cash Flow per Share 2 3.350 3.310 1.030 3.230 0.8500 0.4900
Capex 1 15.3 21.2 57.5 45.6 40.9 17.1
Capex / Sales 7.11% 5.97% 28.39% 20.5% 12.91% 8.4%
Announcement Date 7/7/18 5/20/19 11/12/20 9/8/21 9/7/22 9/5/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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