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    540519   INE343X01018

MEERA INDUSTRIES LIMITED

(540519)
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Meera Industries Limited Receives Export Order of USD 159,000

06/14/2021 | 04:57am EST

Meera Industries Limited inform that it has received an Export Order of USD 159,000/-. The company has ordered CT-260 Twister/Cabler machines for manufacturing Polypropylene BCF Yarn. MEERA has a strong presence in the carpet yarn manufacturing segment with its range of Cabling /Twisting and Continuous Heat setting machines. Sales of Cabler /Twister Tape Drive Model CT-260 have started picking up gradually. Turkey is the largest hub of carpet manufacturing in the world, so having footprints getting stronger in this market is a good sign for the future.


ę S&P Capital IQ 2021
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Financials
Sales 2021 222 M 2,96 M 2,96 M
Net income 2021 22,2 M 0,30 M 0,30 M
Net cash 2021 34,9 M 0,46 M 0,46 M
P/E ratio 2021 33,7x
Yield 2021 1,71%
Capitalization 836 M 11,1 M 11,1 M
EV / Sales 2020 2,29x
EV / Sales 2021 3,21x
Nbr of Employees -
Free-Float 27,5%
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Managers and Directors
Dharmesh Vinodbhai Desai Chairman & Managing Director
Vinod Satyanarayan Ojha Chief Financial Officer
Bhavisha Khakhkhar Secretary & Compliance Officer
Hetal Rumendrabhai Mehta Independent Non-Executive Director
Sanjay Natwarlal Mehta Independent Non-Executive Director
Sector and Competitors