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Meyer Apparel Ltd

MAL·BSE·
₹35.50▼ -1.75 (-4.70%)
Market Cap17.71 Cr
PE Ratio6.56
Volume6,400
Day High - Low37.25 - 35.50
52W High-Low58.00 - 28.95

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.

DocStoX Score
5.1/10
Weak
Fair Value
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ROE
9.09%
Average
P/E
6.56x
Cheap
Debt / Equity
1.24
Elevated
Industry
Capital Goods
Iron & Steel Products
Overall View
Mixed

Price performance

Day₹35.50
₹37.25
52W₹28.95
₹58.00
DocStoX take

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 confidence
5.1
/10
Weak
Quality
Modest
ROE 9.1%
Valuation
Cheap
P/E 6.6×
Growth
Steady
Revenue +10.1% 5Y CAGR
Risk
Elevated
D/E 1.24
Momentum
Weak
23% of 52-week range

At a glance

Market Cap
₹18 Cr
52W High / Low
₹58 / ₹29
Dividend Yield
0.00%
Promoter Holding
74.32%
EPS (TTM)
₹5.41
Book Value
₹59.51

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%)
2 Positives3 Watchouts

Growth

Financials

Shareholding

Technicals

Peers

News

Forecasts

About the company

More data

Filings, corporate actions and ownership detail — opened on demand.

More Capital Goods stocks · Iron & Steel Products

Meyer Apparel Ltd peers in Capital Goods

Other Capital Goods stocks on the NSE & BSE. See the full Capital Goods sector list.