Meyer Apparel Ltd
Meyer Apparel Ltd (MAL): company summary
The company's annual revenue rose 41.8% to ₹431 crore, but the latest quarter revenue fell 6.4% year-on-year to ₹219 crore.
Meyer Apparel Ltd (MAL) is a micro-cap Capital Goods company valued at ₹18 crore operating in Iron & Steel Products on the NSE and BSE.
- Recent price move
- Meyer Apparel Ltd last traded at ₹35.5, down 4.70% on the day.
- Recent developments
- On 2026-06-30, the promoter holding remained at 74.32%, with no changes reported. The company's debt to equity ratio was noted as high at 1.87, indicating elevated leverage.
- Financial performance
- The company's annual revenue rose 41.8% to ₹431 crore, but the latest quarter revenue fell 6.4% year-on-year to ₹219 crore. Annual net profit increased 18.2% to ₹13 crore, while the latest quarter net profit dropped 75.0% year-on-year to ₹3 crore. The net profit margin narrowed to 3.0% from 3.6% in the prior year.
- Valuation multiples
- The stock trades at 6.6 times earnings, 0.73 times book value.
- Things to watch
- The latest quarter net profit fell 75.0% year-on-year to ₹3 crore, and the net profit margin narrowed to 3.0% from 3.6% in the prior year. The company's debt to equity ratio is high at 1.87, indicating elevated leverage.
- Where it stands
- The company's annual revenue grew 41.8% to ₹431 crore, but the latest quarter revenue fell 6.4% year-on-year to ₹219 crore. The latest quarter net profit dropped 75.0% year-on-year to ₹3 crore, while the net profit margin narrowed to 3.0%. The debt to equity ratio is high at 1.87.
Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.
Price performance
Supported by valuation (9.0), but held back by momentum (1.1). Valuation looks strong at 9.0, but that is offset by momentum at 1.1. We are calling it Mixed rather than resolving the conflict for you.
DocStoX score
Low confidenceAt a glance
Key highlights
- Profitable in all of the last 5 years
- Undemanding at 7× earnings
- Momentum is weak (1.1/10)
- Near the bottom of its 52-week range (23%)
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About the company
More data
Filings, corporate actions and ownership detail — opened on demand.
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Meyer Apparel Ltd peers in Capital Goods
Other Capital Goods stocks on the NSE & BSE. See the full Capital Goods sector list.
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