Meyer Apparel Ltd Stock Analysis

BSE: 531613 | NSE: | Textile | Small Cap

BSE Share Price May 11, 18:01
1.54 0.00 (0.00%)

DeciZen - Make an Informed Decision on Meyer Apparel

M-Cap below 100cr DeciZen not available

FAQs

1. Is Meyer Apparel Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Meyer Apparel Ltd is a average quality company.

2. Is Meyer Apparel Ltd undervalued or overvalued?

The key valuation ratios of Meyer Apparel Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Meyer Apparel Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Meyer Apparel Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Meyer Apparel:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Meyer Apparel Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % 2.3%1.3%1.4%0.3%-143.2%21.7%33.6%14.7%27.4%5.9%-
Value Creation Index -0.8-0.9-0.9-1.0NANANANANANA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 18.916.82123.4292111.78.65.42.64
YoY Gr. Rt. %--11.3%25.2%11.4%24%-27.7%-44%-26.8%-36.9%-51.9%-
Adj EPS 0.100-0-1.7-0.2-0.5-0.3-0.7-0.2-0
YoY Gr. Rt. %--57.1%-33.3%-250%NANANANANANA-
BVPS (₹) 3.63.63.73.2-1.1-1.2-1.8-2.1-3.2-3.4-3.5
Adj Net Profit 0.60.20.2-0.2-14-2-4-2.3-5.9-1.70
Cash Flow from Ops. 3.8-0.9-0.43.61.4-6.4-2.5-0.90.90.5-
Debt/CF from Ops. 0.8-4.2-12.40.40.4-0.1-0.1-0.20.10-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -19.8%-38.2%-39.4%-51.9%
Adj EPS -213%NANANA
BVPS -199.4000
Share Price -4.5% -7.5% -10.4% 38.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % 2.10.80.7-0.8-1612133.515.128.26.51.2
Op. Profit Mgn % 6.90.41.6-0.61-9.5-40.7-21.3-55.4-57.9-44
Net Profit Mgn % 3.11.30.9-1-48.1-9.3-34.3-27-109.5-65.2-7.7
Debt to Equity 0.10.10.20.1-0.1-0.1-0-000-
Working Cap Days 4104534143562423225065987479200
Cash Conv. Cycle 77979598851632792722933960

Recent Performance Summary

Sales growth is good in last 4 quarters at 485.65%

Return on Equity has declined versus last 3 years average to 1.20%

Sales growth has been subdued in last 3 years -39.42%

Latest Financials - Meyer Apparel Ltd.

Standalone Consolidated
TTM EPS (₹) -0 -
TTM Sales (₹ Cr.) 4.2 -
BVPS (₹.) -3.5 -
Reserves (₹ Cr.) -52 -
P/BV -0.45 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 1.03 / 2.27
All Time Low / High (₹) 0.39 / 28.25
Market Cap (₹ Cr.) 12.4
Equity (₹ Cr.) 24.2
Face Value (₹) 3
Industry PE 13.4

Management X-Ray of Meyer Apparel :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Analyst's Notes

News

About Meyer Apparel Ltd

GIVO set up with technical and financial collaboration of Marzotto Spa of Italy supplies industrially manufactured classic men's wear, using state of art equipment imported from Europe. 

GIVO underwent a twelve Month technical training in advance of launching into full production in 1996, with Italian technicians on hand to supervise training and the setting up of quality assurance procedures in the company. 

GIVO has set it its own grounds and the factory building, a standalone structure with impressive gardens in front and a vast expanse of lawns engenders pride in the workplace, and offers a safe and healthy working environment to Givo workers. 

Perfection cannot be achieved without practice. Training and continuous up-gradation of know-how has been one of the key focus areas of Givo. A permanent training center has been set up within the factory complex at Gurgaon to provide extensive operational know-how to the grass root shop floor operators. Not only does this center impart skills to the operators, but it also serves as a center for further R&D activities that would improve upon and generate new technologies suited to the global garment industry.

The Thakral Group of Singapore, which has interests in fabric, electronics and hotels, hold 50 per cent of Givo’s equity, the public holds 25 per cent, FIIs 15 per cent and the remaining 10 per cent by Marzotto of Italy, which is also a technical collaborator.

The GIVO's production unit Located within close vicinity of New Delhi has the capacity to produce 600 jackets and 800 pairs of trousers in a single eight Hour shift. 

Givo Exports a major portion of its production to USA, Canada, Europe & Middle East.

Product range of the company includes:

It is involved in manufacturing, selling and exporting readymade garments. The company produces 600 jackets and 800 pairs of trousers in a single eight hour shift. It sources fabrics from all over the world, including Italy, Japan and South Korea, apart from tie-ups with the Indian mills.
  • Jackets
  • Suits
  • Trousers
  • Shirts
  • For very upscale consumers, Givo Ltd has brand  called Principe, which sells in the price bracket of Rs 15,000-Rs 25,000 per suit.

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