Meenakshi India Ltd.

Meenakshi India Ltd.

BBSE:MEEIND
385.00
INR
+21.00
(+5.77%)
30.05EPS
2025 Y
2026 Y
TTM
Revenue per Share
- -
134
158.62
Basic EPS, GAAP
- -
9.3
29.81
Free Cash Flow per Basic Share
- -
12.4
- -
Dividend per Share
- -
- -
- -
Book Value per Share
- -
116.13
116.13
Tangible Book Value per Share
- -
116.13
116.13
Basic Weighted Avg Shares
- -
11
11
Sales/Revenue/Turnover
1,663
1,508
1,784
Operating Margin (%)
16.64
5.83
13.33
Depreciation Expense
18
20
20
Net Income, GAAP
392
105
335
Effective Tax Rate (%)
18.7
32.62
20.34
Profit Margin (%)
23.56
6.94
18.8
Working Capital
- -
1,153
1,153
LT Debt
- -
39
39
Total Equity
- -
1,306
1,306
Return on Invested Capital (%)
- -
- -
- -
Return on Capital (%)
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -

Capital Structure

INR

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
36
- -
5
LT Borrowings
4
- -
5
LT Finance Leases
35
- -
34
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
- -
11
Market Capitalization
- -
- -
- -

Working Capital

INR

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
1,237
- -
1,397
Cash, Cash Equivalents & STI
605
- -
767
Accounts Receivable, Net
203
- -
303
Inventories
323
- -
237
Total Current Liabilities
253
- -
244
Payables & Accruals
- -
- -
- -
ST Debt
36
- -
5
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
- -
Free Cash Flow
- -
- -
-11.51%
Net Income, GAAP
- -
- -
-73.3%
Sales/Revenue/Turnover
- -
- -
-9.37%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
354
406
- -
- -
- -
2025
- -
- -
- -
- -
1,663
2026
- -
305
412
457
1,508

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
4.02
9.3

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

Sector
Consumer non-durables
Industry
Apparel/Footwear
Address
Chennai India
Business
Meenakshi India Limited is an India-based apparel manufacturing and export company specializing in the design, development, and production of woven garments and customized garment solutions. Founded in 1982 and headquartered in Chennai, Tamil Nadu, the company serves as the flagship entity of the Meenakshi Group (MIL Group) and operates as a government-recognized Star Export House. The company operates composite manufacturing facilities located in Salem, Tamil Nadu, delivering an integrated suite of apparel products and contract manufacturing services, which includes: woven bottomwear, comprising casual chinos, utility cargo pants, formal trousers, Bermuda shorts, and lifestyle shorts; woven outerwear, comprising bomber jackets, parkas, quilted jackets, utility overshirts, and windcheaters; full-package Cut, Make, and Pack (CMP) apparel production; computerized embroidery; industrial garment washing and wet processing, including enzyme, softener, acid, bleach, rubber ball, and specialty denim washes; dry processing and decorative finishes, including hand scraping, grinding, nicking, whiskering, and localized tacking; and proprietary direct-to-consumer (D2C) casual wear retailed under its homegrown brand, SHORTSTOP. Meenakshi India supplies global fashion brands, private labels, and retail chains across North America, Europe, and the United Kingdom, alongside distributing within the domestic Indian market. In recent developments, the company listed on the Bombay Stock Exchange (BSE: 544831 / MEEIND), expanded its manufacturing capabilities to achieve a monthly production capacity of approximately 240,000 garments, diversified from pure-play contract manufacturing into brand ownership via the commercial launch of its D2C apparel brand SHORTSTOP, and approved an equity share sub-division (stock split) to enhance market liquidity and expand its shareholder base. Beyond its core apparel business, the broader Meenakshi Group maintains diversified commercial interests across steel fabrication, power generation, agricultural plantations, industrial warehousing, and education.