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Meyer Plc Stock Price

NGSE:MEYER Community·₦10.3b Market Cap
  • 1 Narratives written by author
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  • 8 Fair Values set on narratives written by author

MEYER Share Price Performance

₦20.60
12.15 (143.79%)
₦20.60
12.15 (143.79%)
Price ₦20.60

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Snowflake Analysis

Flawless balance sheet second-rate dividend payer.

3 Risks
1 Reward

Meyer Plc Key Details

₦4.4b

Revenue

₦2.9b

Cost of Revenue

₦1.5b

Gross Profit

₦1.1b

Other Expenses

₦436.6m

Earnings

Last Reported Earnings
Mar 31, 2026
Next Reporting Earnings
n/a
0.88
34.75%
9.94%
0.08%
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About MEYER

Founded
1940
Employees
79
CEO
Henshaw Nwaorgu
WebsiteView website
www.meyerpaints.com

Meyer Plc manufactures and sells paint, coating, adhesives, and flooring products in Nigeria. The company operates through Paints and Painting services segments. It offers architectural, decorative, auto refinishes, industrial, and marine coatings, as well as wood finishes. The company also offers road lining paints; and roof, tube, and HP coatings. In addition, it involves in application of paints on completed buildings; and building and construction business. Meyer Plc was formerly known as DN Meyer Plc and changed its name to Meyer Plc in August 2016. The company was founded in 1940 and is headquartered in Ikeja, Nigeria.

Recent MEYER News & Updates

Narrative Update May 07

Meyer Plc Reports Strong Q4 FY25 Earnings Growth Driven by Revenue Expansion and Robust Finance Income

Analyst: Qudus Adebara Executive Summary Meyer Plc and its subsidiary delivered a solid performance for the period ended 31 December 2025 , with consolidated revenue rising 35.5% YoY to ₦4.23 billion , driven by higher paint sales and growth in painting services. Gross profit improved to ₦1.51 billion (+45.3% YoY) , reflecting improved cost management and operational efficiency.

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