MEERA.BO
Price:
$65
Market Cap:
$694.12M
Meera Industries Ltd. engages in the manufacture of machinery for textile, apparel, and leather production. The firm operates through the following segments: Machine Manufacturing, Machine Trading, and Yarn. The company was founded by Dharmesh Vinodbhai Desai and Ms. Bijal Dharmesh Desai on July 05, 2006 and is headquartered in Surat, India.
Industry
Industrial - Machinery
IPO Date
2017-05-15
Stock Exchange
BSE
Ticker
MEERA.BO
According to Meera Industries Limited’s latest financial reports and current stock price. The company's current ROE is 12.64%. This represents a change of 296.89% compared to the average of 3.19% of the last 4 quarters.
The mean historical ROE of Meera Industries Limited over the last ten years is 13.95%. The current 12.64% ROE has changed -9.36% with respect to the historical average. Over the past ten years (40 quarters), MEERA.BO's ROE was at its highest in in the March 2016 quarter at 14.61%. The ROE was at its lowest in in the September 2022 quarter at -3.16%.
Average
13.95%
Median
11.49%
Minimum
-5.54%
Maximum
35.27%
Discovering the peaks and valleys of Meera Industries Limited ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 284.99%
Maximum Annual ROE = 35.27%
Minimum Annual Increase = -200.54%
Minimum Annual ROE = -5.54%
| Year | ROE | Change |
|---|---|---|
| 2025 | 12.77% | 129.36% |
| 2024 | 5.57% | -200.54% |
| 2023 | -5.54% | -154.20% |
| 2022 | 10.21% | 17.84% |
| 2021 | 8.67% | 284.99% |
| 2020 | 2.25% | -93.62% |
| 2019 | 35.27% | 29.00% |
| 2018 | 27.34% | -3.44% |
| 2017 | 28.31% | 93.74% |
| 2016 | 14.61% | 71.23% |
The current ROE of Meera Industries Limited (MEERA.BO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
4.27%
5-year avg
6.34%
10-year avg
13.95%
Meera Industries Limited’s ROE is greater than Tarapur Transformers Limited (-372.23%), greater than Tarapur Transformers Limited (-372.23%), less than Comrade Appliances Limited (2.50%), less than Filtra Consultants and Engineers Limited (12.22%), less than Rolcon Engineering Company Limited (16.11%), greater than Manugraph India Limited (-30.50%), greater than Manugraph India Limited (-30.50%), less than Hariyana Ship Breakers Limited (1.41%), less than Solitaire Machine Tools Limited (10.36%), greater than Delta Manufacturing Limited (-64.13%),
| Company | ROE | Market cap |
|---|---|---|
| -372.23% | $630.24M | |
| -372.23% | $585.00M | |
| 2.50% | $505.01M | |
| 12.22% | $767.48M | |
| 16.11% | $443.05M | |
| -30.50% | $492.72M | |
| -30.50% | $471.43M | |
| 1.41% | $696.83M | |
| 10.36% | $487.15M | |
| -64.13% | $740.70M |
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