Meera Industries Past Earnings Performance
Past criteria checks 2/6
Meera Industries has been growing earnings at an average annual rate of 1.4%, while the Machinery industry saw earnings growing at 27.8% annually. Revenues have been declining at an average rate of 1.4% per year. Meera Industries's return on equity is 11.5%, and it has net margins of 8.6%.
Key information
1.4%
Earnings growth rate
1.1%
EPS growth rate
| Machinery Industry Growth | 21.0% |
| Revenue growth rate | -1.4% |
| Return on equity | 11.5% |
| Net Margin | 8.6% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Meera Industries makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 380 | 33 | 46 | 0 |
| 30 Jun 24 | 339 | 23 | 44 | 0 |
| 31 Mar 24 | 301 | 15 | 43 | 0 |
| 31 Dec 23 | 252 | 5 | 41 | 0 |
| 30 Sep 23 | 227 | -3 | 39 | 0 |
| 30 Jun 23 | 206 | -15 | 39 | 0 |
| 31 Mar 23 | 203 | -14 | 40 | 0 |
| 31 Dec 22 | 212 | -12 | 43 | 0 |
| 30 Sep 22 | 248 | 3 | 45 | 0 |
| 30 Jun 22 | 325 | 30 | 47 | 0 |
| 31 Mar 22 | 317 | 27 | 45 | 0 |
| 31 Dec 21 | 381 | 47 | 41 | 0 |
| 30 Sep 21 | 321 | 32 | 37 | 0 |
| 30 Jun 21 | 235 | 15 | 33 | 0 |
| 31 Mar 21 | 224 | 21 | 34 | 0 |
| 31 Dec 20 | 139 | -2 | 34 | 0 |
| 30 Sep 20 | 148 | 0 | 30 | 0 |
| 30 Jun 20 | 175 | 3 | 31 | 0 |
| 31 Mar 20 | 203 | 5 | 32 | 0 |
| 31 Mar 19 | 356 | 49 | 29 | 0 |
| 31 Mar 18 | 215 | 25 | 23 | 0 |
| 31 Dec 17 | 190 | 19 | 21 | 0 |
| 30 Sep 17 | 165 | 13 | 19 | 0 |
| 30 Jun 17 | 148 | 12 | 16 | 0 |
| 31 Mar 17 | 132 | 11 | 14 | 0 |
| 31 Mar 16 | 81 | 4 | 6 | 0 |
| 31 Mar 15 | 78 | 2 | 6 | 0 |
| 31 Mar 14 | 75 | 2 | 4 | 0 |
Quality Earnings: 540519 has a high level of non-cash earnings.
Growing Profit Margin: 540519 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 540519's earnings have grown by 1.4% per year over the past 5 years.
Accelerating Growth: 540519 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 540519 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Machinery industry (25.1%).
Return on Equity
High ROE: 540519's Return on Equity (11.5%) is considered low.