News

Meera Industries Limited submitted a certificate to the BSE Limited and National Securities Depository Limited under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended September 30, 2026, confirming that details of dematerialized and rematerialized securities have been furnished to stock exchanges, with KFin Technologies Limited acting as the Registrar and Share Transfer Agent (RTA).

Meera Industries Limited informed the BSE Limited that the trading window for dealing in the company`s securities will be closed for all insiders and designated persons from Thursday, October 1, 2026, and will reopen 48 hours after the declaration of financial results for the quarter ended September 30, 2026.

Meera Industries Limited announced that Mr. Mayank Desai resigned from his position as Non-Independent Non-Executive Director, effective August 31, 2026, and the company’s board appointed Mr. Het Desai as an Additional Director, designated as Executive Director (Whole-time Director), for a period of five years, starting August 31, 2026, subject to shareholder approval at the company’s 20th Annual General Meeting.

Meera Industries Ltd share price gained 1.38% to Rs 35.35 after the company`s net profit tumbled by 209.37% to Rs 0.7 crore, while revenue from operations gained significantly 40.02% to Rs 12.35 crore in Q2FY26 over Q1FY26. The market capitalization of Industrial Products industry group stocks on BSE stood at Rs 2.7 lakh crore, gaining 0.17%. It has remained flat over last one week and rallied by 41.59% in last one month while the market capitalization of Meera Industries Ltd has softened by 0.81% and 43.67% in the same period respectively. Profit before tax (PBT) of Meera Industries Ltd stood at Rs 0.94 crore in Q2 FY26, slipping 6.93% year-on-year, and plunging by 213.25% quarter-on-quarter. EBITDA came in at Rs 1 crore, declining 6.30% YoY and tanking 254.55% sequentially. Total expenses went up by 17.85% to Rs 11.42 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 3.09 crore, tumbling by 56.84% YoY, while employee benefits expense was at Rs 1.21 crore, slipping by 1.63% YoY. For the TTM ended FY26, revenue from operations surged 32.22% to Rs 39.85 crore, while net profit soared by 154.79% to Rs 3.72 crore, compared to previous TTM. EBITDA surged by 194% to Rs 5.47 crore, and PBT jumped 180% to Rs 4.62 crore compared to previous TTM. The company`s consolidated net cash flow from operating activities stood at Rs 5.46 crore in FY26, as against Rs 1.39 crore in FY25. Meera Industries Ltd ticked higher by 4.09% in last one year, significantly outperforming the benchmark BSE Sensex which has slipped by 3.05% during the same period.

Meera Industries will hold a meeting of the Board of Directors of the Company on 14 August 2026.