---
title: "Meyer Apparel Ltd (531613) — Share Price, Financials & Analysis"
symbol: "531613"
company: "Meyer Apparel Ltd"
canonical: "https://tapetide.com/stocks/531613"
nse_symbol: "MEYERAPPARELLTD"
bse_code: "531613"
sector: "Consumer Discretionary"
industry: "Consumer Durables"
generated_at: "2026-09-13T18:48:14.512Z"
---

# Meyer Apparel Ltd (531613)

Canonical page: https://tapetide.com/stocks/531613

## Company

- **NSE Symbol:** MEYERAPPARELLTD
- **BSE Code:** 531613
- **Sector:** Consumer Discretionary
- **Industry:** Consumer Durables
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2002-02-06
- **Face Value:** ₹3
- **F&O Eligible:** No
- **Website:** givo.com, www.meyerapparel.com

## About

Incorporated in 1993, Meyer Apparel Ltd deals in the Retailing of Men's Garments and manufactures through contractors.[1]

## Latest Price

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -49.0% over past five years.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 17% | 17% | 9% |
| revenue growth | -99% | -76% | -49% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0.62 | 1.11 | 1.48 | 0.31 | 0.38 | 0.26 | 0.25 | 0.08 | 0 | 0.01 | 0 | 0 |
| Expenses | 1.24 | 1.56 | 1.84 | 0.59 | 0.69 | 0.53 | 0.52 | 0.27 | 0.18 | 0.15 | 0.22 | 0.19 |
| Operating Profit | -0.62 | -0.45 | -0.36 | -0.28 | -0.31 | -0.27 | -0.27 | -0.19 | -0.18 | -0.14 | -0.22 | -0.19 |
| OPM % | -100 | -40.54 | -24.32 | -90.32 | -81.58 | -103.85 | -108 | -237.5 | — | -1400 | — | — |
| Other Income | 0.06 | 0.09 | 0.01 | 0.01 | 0.02 | 0.01 | 0.04 | 0 | 0 | 0 | 0 | -0.48 |
| Interest | 0.01 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0.02 | 0.02 | 0.03 |
| Depreciation | 0.01 | 0.01 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -0.58 | -0.38 | -0.36 | -0.27 | -0.29 | -0.26 | -0.23 | -0.19 | -0.19 | -0.16 | -0.24 | -0.7 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -0.57 | -0.37 | -0.36 | -0.27 | -0.3 | -0.27 | -0.23 | -0.19 | -0.19 | -0.17 | -0.24 | -0.7 |
| EPS in Rs | -0.07 | -0.05 | -0.04 | -0.03 | -0.04 | -0.03 | -0.03 | -0.02 | -0.02 | -0.02 | -0.03 | -0.09 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 11.09 | 8.59 | 5.42 | 2.61 | 4.3 | 6.3 | 4.28 | 1.2 | 0.09 | 0.01 |
| Expenses | 15.87 | 10.43 | 10.43 | 4.12 | 6.06 | 8.36 | 6.32 | 2.3 | 0.81 | 0.74 |
| Operating Profit | -4.78 | -1.84 | -5.01 | -1.51 | -1.76 | -2.06 | -2.04 | -1.1 | -0.72 | -0.73 |
| OPM % | -43.1 | -21.42 | -92.44 | -57.85 | -40.93 | -32.7 | -47.66 | -91.67 | -800 | -7300 |
| Other Income | 3.33 | 0.48 | -1.43 | 0.84 | 0.74 | 0.43 | 0.26 | 0.06 | -0.01 | -0.48 |
| Interest | 0.18 | 0.12 | 0.27 | 0.2 | 0.02 | 0.04 | 0.03 | 0.01 | 0.05 | 0.08 |
| Depreciation | 0.44 | 0.89 | 0.78 | 0.58 | 0.03 | 0.02 | 0.02 | 0.02 | 0.01 | 0 |
| Profit before tax | -2.07 | -2.37 | -7.49 | -1.45 | -1.07 | -1.69 | -1.83 | -1.07 | -0.79 | -1.29 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Net Profit | -2.08 | -2.37 | -7.49 | -1.45 | -1.07 | -1.68 | -1.83 | -1.07 | -0.79 | -1.3 |
| EPS in Rs | -0.26 | -0.29 | -0.93 | -0.18 | -0.13 | -0.21 | -0.23 | -0.13 | -0.1 | -0.16 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 24.27 | 24.27 | 24.27 | 24.27 | 24.27 | 24.27 | 24.27 | 24.27 | 24.27 | 24.27 |
| Reserves | -36.61 | -38.48 | -40.84 | -49.87 | -51.4 | -52.46 | -54.15 | -55.98 | -57.05 | -57.83 |
| Borrowings | 0.54 | 0.35 | 0.14 | 2.32 | 0 | 0 | 0 | 0 | 0 | 0.68 |
| Other Liabilities | 38.99 | 37.45 | 37.02 | 36.52 | 34.81 | 33.64 | 33.87 | 33.52 | 33.43 | 33.59 |
| Total Liabilities | 27.19 | 23.59 | 20.59 | 13.24 | 7.68 | 5.45 | 3.99 | 1.81 | 0.65 | 0.71 |
| Fixed Assets | 2.71 | 2.17 | 1.2 | 3.04 | 0.49 | 0.11 | 0.13 | 0.12 | 0.06 | 0.03 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 5.3 | 5.3 | 5.3 | 1.65 | 1.25 | 0.62 | 0 | 0 | 0 | 0 |
| Other Assets | 19.18 | 16.12 | 14.09 | 8.55 | 5.94 | 4.72 | 3.86 | 1.69 | 0.59 | 0.68 |
| Total Assets | 27.19 | 23.59 | 20.59 | 13.24 | 7.68 | 5.45 | 3.99 | 1.81 | 0.65 | 0.71 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -6.2 | -2.52 | -0.93 | 0.93 | 0.48 | -2.33 | -0.83 | 0.01 | -0.01 | -0.65 |
| Cash from Investing Activity | 5.62 | 3.87 | 0.2 | -0.13 | 1.02 | 1.3 | 0.84 | -0.01 | 0.02 | 0.01 |
| Cash from Financing Activity | -0.1 | -0.37 | -0.2 | -0.74 | -0.64 | 0 | -0.01 | -0.01 | -0.01 | 0.64 |
| Net Cash Flow | -0.68 | 0.98 | -0.93 | 0.06 | 0.85 | -1.03 | -0.01 | -0.02 | 0 | 0 |
| Free Cash Flow | -4.53 | 1.12 | -0.93 | 0.8 | 0.69 | -1.65 | -0.86 | 0 | 0.01 | -0.64 |
| CFO/OP | 318 | 53 | 43 | -14 | -14 | 135 | 41 | -1 | 2 | 89 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 143.8 | 147.12 | 108.35 | 47.14 | 2.8 | 61.97 | 12.17 | 2.56 | 3.04 | 0 |
| Inventory Days | 214.18 | 258.05 | 514.85 | 288.38 | 669.5 | 362.69 | 257.65 | 125.71 | 23.66 | 547.5 |
| Days Payable | 41.5 | 80.04 | 157.35 | 161.75 | 88.73 | 3.47 | 18.04 | 0 | 0 | 866.87 |
| Cash Conversion Cycle | 316.49 | 325.13 | 465.86 | 173.77 | 583.57 | 421.19 | 251.78 | 128.27 | 26.7 | -319.38 |
| Working Capital Days | -397.22 | -790.23 | -1027.86 | -2072.82 | -4273.72 | -2460.78 | -1736.36 | -2712.77 | -9982.75 | -136307.22 |
| ROCE % | — | — | — | — | — | — | — | — | — | — |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 74.31% | 74.32% | 74.32% | 74.32% | 74.32% | 74.32% | 74.31% | 74.31% | 74.31% | 74.31% | 74.31% |
| DIIs | 0.44% | 0.43% | 0.43% | 0.43% | 0.43% | 0.43% | 0.44% | 0.36% | 0.36% | 0.33% | 0.33% |
| Public | 25.24% | 25.25% | 25.25% | 25.25% | 25.25% | 25.25% | 25.25% | 25.33% | 25.33% | 25.36% | 25.36% |
| No. of Shareholders | 6514 | 6515 | 6543 | 6537 | 6474 | 6463 | 6673 | 6847 | 7763 | 8441 | 8312 |

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 74.31% | 74.31% | 74.31% | 74.31% | 74.31% | 74.31% | 74.31% | 74.31% | 74.31% | 74.31% | 74.31% | 74.31% |
| DIIs | 0.36% | 0.36% | 0.36% | 0.36% | 0.36% | 0.36% | 0.36% | 0.36% | 0.33% | 0.33% | 0.33% | 0.33% |
| Public | 25.33% | 25.33% | 25.33% | 25.33% | 25.33% | 25.32% | 25.33% | 25.34% | 25.37% | 25.36% | 25.36% | 25.36% |
| No. of Shareholders | 6870 | 6825 | 6847 | 6885 | 6891 | 6922 | 7763 | 7942 | 8213 | 8317 | 8441 | 8312 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 11 / 5 / 3

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 2.78 | Sell |
| EMA (10) | 2.68 | Sell |
| SMA (20) | 2.48 | Buy |
| EMA (20) | 2.54 | Buy |
| SMA (50) | 2.18 | Buy |
| EMA (50) | 2.3 | Buy |
| SMA (100) | 2.14 | Buy |
| EMA (100) | 2.22 | Buy |
| SMA (200) | 2.25 | Buy |
| EMA (200) | 2.18 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 55.52 | Neutral |
| MACD (12,26,9) | 0.18 | Sell |
| Stochastic (14,3,3) | 61.48 | Neutral |
| ADX (14) | 28.53 | Buy |
| Williams %R (14) | -55.56 | Neutral |
| ATR (14) | 0.13 | High Volatility |
| ROC (12) | 7.53 | Buy |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 58.46 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 Jul - 33rd AGM held July 9, 2026; approved director reappointment, borrowing limit increase, inter-corporate loans, related party transactions. | [Shareholder Meeting / Postal Ballot-Outcome of AGM 9 Jul - 33rd AGM held July 9, 2026; approved director reappointment, borrowing limit increase, inter-corporate loans, related party transactions.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=39c5c18b-5a80-45b5-8a79-bac13b421f7f.pdf) |
| 9 Apr - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026; no physical shares received for dematerialization. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Apr - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026; no physical shares received for dematerialization.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5ec93f58-5596-47e0-b52f-85663d1b8da4.pdf) |
| 9 Apr - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026; no physical shares received for dematerialization. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Apr - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026; no physical shares received for dematerialization.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5ec93f58-5596-47e0-b52f-85663d1b8da4.pdf) |
| 9 Apr - Regulation 74(5) certificate filed for quarter ended March 31, 2026; no physical share certificates received for dematerialization. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Apr - Regulation 74(5) certificate filed for quarter ended March 31, 2026; no physical share certificates received for dematerialization.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=16a1ae41-4a4f-4901-9274-ec784fb5ccc9.pdf) |
| 9 Apr - Regulation 74(5) certificate filed for quarter ended March 31, 2026; no physical share certificates received for dematerialization. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Apr - Regulation 74(5) certificate filed for quarter ended March 31, 2026; no physical share certificates received for dematerialization.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/16a1ae41-4a4f-4901-9274-ec784fb5ccc9.pdf) |
| 5 Aug - Board meeting on August 12, 2026 to approve June 30 quarter unaudited results. | [Board Meeting Intimation for Consideration And Approval Of Unaudited Financial Results For Quarter Ended June 30, 2026 5 Aug - Board meeting on August 12, 2026 to approve June 30 quarter unaudited results.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=81a2dbf2-0673-4c78-bcf4-f659b308f01b.pdf) |
| 31 Jan - Gurmukh Thakral purchased 88,89,000 shares (11.04%) from TIL on Jan 29, 2026; value Rs 1,96,44,690. | [Disclosure Under Regulation 7(2)(B) Of SEBI (Prohibition Of Insider Trading) Regulations, 2015 31 Jan - Gurmukh Thakral purchased 88,89,000 shares (11.04%) from TIL on Jan 29, 2026; value Rs 1,96,44,690.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/73c23c1d-279e-4b69-8324-d4a8625dd257.pdf) |
| 28 May - Annual secretarial compliance report for FY2026 notes ₹10,000 fine for related-party disclosure lapse. | [Compliances-Reg.24(A)-Annual Secretarial Compliance 28 May - Annual secretarial compliance report for FY2026 notes ₹10,000 fine for related-party disclosure lapse.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=86db6fec-2425-419f-b4fc-289bdc61a279.pdf) |
| 26 Jun - Trading window closes from July 1, 2026 until 48 hours after June 30, 2026 results. | [Closure of Trading Window 26 Jun - Trading window closes from July 1, 2026 until 48 hours after June 30, 2026 results.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d21a095d-2354-4c8b-ba47-9ad6bcf3f130.pdf) |
| 2 Feb - Board meeting 10 Feb 2026 to approve unaudited quarterly and nine-month results ended 31 Dec 2025. | [Board Meeting Intimation for Prior Intimation Of Board Meeting 2 Feb - Board meeting 10 Feb 2026 to approve unaudited quarterly and nine-month results ended 31 Dec 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bff7e85b-395b-40c9-8c88-03136dd788b7.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2012 from nse](https://archives.nseindia.com/annual_reports/AR_JAYSREETEA_2011_2012_20072012101018.zip) |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/44b72a61-9349-423f-9111-504f548d8697.pdf) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/829a1492-7d4f-471a-aefc-7a827b49934e.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5deaec1d-5d89-47b5-9f15-9e79fe562f2c.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ba48c7c1-182d-41ff-ac77-a59e5a132f82.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4c2f28f8-c349-417c-a5c2-bbac3699f824.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/213dc529-456b-445e-9c88-2ce90ffae1c5.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cdfa9319-4af9-4e49-95c5-7b2e9d1e2211.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/509715/73599509715.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/531613/75357531613.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:48:14.512Z.