Meera Industries (BOM:540519) Net Current Asset Value: ₹0.42 (As of Mar. 2026) — 96% Below Median

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BOM:540519 Meera Industries Ltd BOM:540519
76 GF Score
Price ₹35.93
GF Value ₹36.86
Valuation Fairly Valued
! 3 Warning Signs
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What is Meera Industries Net Current Asset Value?

Meera Industries BOM:540519 +0.14% 76 Net Current Asset Value is ₹0.42 as of Mar. 2026, which is 100% below its 10-year median of 9.91. GuruFocus rates BOM:540519 with a GF Score™ of 76/100 and a GF Value™ of ₹36.86 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,225 Industrial Products companies, Meera Industries ranks worse than 97.17% on this metric.

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

Meera Industries's net current asset value per share for the quarter that ended in Mar. 2026 was ₹0.42.

The historical rank and industry rank for Meera Industries's Net Current Asset Value or its related term are showing as below:

BOM:540519' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3.6   Med: 9.91   Max: 97.88
Current: 85.55

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Meera Industries was 97.88. The lowest was 3.60. And the median was 9.91.

BOM:540519's Price-to-Net-Current-Asset-Value is ranked worse than
97.17% of 2225 companies
in the Industrial Products industry
Industry Median: 5.17 vs BOM:540519: 85.55

Meera Industries  (BOM:540519) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham’s strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.


Meera Industries Net Current Asset Value Related Terms


Meera Industries Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Meera Industries's Net Current Asset Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Meera Industries Net Current Asset Value Chart

Meera Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.37 2.13 3.06 1.13 0.42

Meera Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.13 0.00 2.02 0.00 0.42

BOM:540519 vs GEV, ETN, PH: Net Current Asset Value Comparison

For the Specialty Industrial Machinery subindustry, Meera Industries's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Meera Industries Price-to-Net-Current-Asset-Value vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Meera Industries's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Meera Industries's Price-to-Net-Current-Asset-Value falls into.


BOM:540519
76GF Score
Meera Industries Ltd BOM:540519
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Meera Industries Net Current Asset Value Calculation

Meera Industries's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(A: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(163.913-154.987-0-0)/21.358
=0.42

Meera Industries's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(163.913-154.987-0-0)/21.358
=0.42

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Net Current Asset Value of ₹0.42 mean?
Meera Industries (BOM:540519) has a Net Current Asset Value of ₹0.42 as of Mar. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Meera Industries and its competitors. This is 96% below median its historical median of 9.91. Over the past decade, Meera Industries' Net Current Asset Value has ranged from 3.60 to 97.88. According to the industry distribution chart, Meera Industries ranks #2162 out of 2225 companies in the Industrial Products industry, placing it in the top 97.2%.
Is Meera Industries' Net Current Asset Value too high?
Meera Industries' current Net Current Asset Value of ₹0.42 is 96% below median its 10-year median of 9.91. Over the past 10 years, this metric has ranged from a low of 3.60 to a high of 97.88. Based on the distribution chart, Meera Industries ranks #2162 out of 2225 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Meera Industries has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Meera Industries' Net Current Asset Value compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Meera Industries ranks #2162 out of 2225 companies for Net Current Asset Value. This places Meera Industries in the lower half of its industry. The industry median Net Current Asset Value is 5.17. Historically, Meera Industries' own Net Current Asset Value has ranged from 3.60 to 97.88 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for an Industrial Products company?
The median Net Current Asset Value among Industrial Products companies is 5.17, based on 2,225 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Meera Industries and its competitors. For the Industrial Products industry, the median Net Current Asset Value is 5.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meera Industries's current Net Current Asset Value is ₹0.42, which is 96% below median its own 10-year median of 9.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meera Industries stock overvalued right now?
Based on GuruFocus' analysis, Meera Industries (BOM:540519) is currently considered Fairly Valued. The stock's GF Value™ is ₹36.86, compared to a current price of ₹35.93 — trading 2.5% below its estimated fair value. The current Net Current Asset Value is ₹0.42, which is 96% below median its 10-year median of 9.91. Meera Industries' overall GF Score™ is 76/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Meera Industries (BOM:540519), the current Net Current Asset Value is ₹0.42 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Meera Industries (BOM:540519) Overvalued in 2026?

Based on GuruFocus' analysis, Meera Industries stock appears to be undervalued. The current stock price of ₹35.93 is trading 2.5% below its estimated GF Value™ of ₹36.86. GuruFocus considers Meera Industries to be Fairly Valued.

Key valuation signals for BOM:540519:

  • Net Current Asset Value: ₹0.42 (96% below median its 10-year median of 9.91)
  • GF Value™: ₹36.86 vs. price of ₹35.93 (2.5% below fair value)
  • GF Score™: 76/100 with 3 warning signs

No single metric tells the full story. See the BOM:540519 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Meera Industries Business Description

Address 2126, Road No. 2 GIDC, Sachin, Surat, GJ, IND, 394230
Meera Industries Ltd is engaged in the production of textile twisting machinery and technology. The product portfolio includes Two for one twister, a Servo-controlled cop winder, a Cone-assembly winder, a Ring twister, a covering machine, TPRS twister machine, and a Heavy-duty twister and cabler machine, and a Continuous bulk and heat setting machine. Its operating segment includes the Machine division, Plastic division, and Yarn division. The company generates maximum revenue from the Machine division segment. Geographically, it derives a majority of its revenue from India.
76GF Score

Get the complete analysis for BOM:540519

Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹35.93
Price
₹36.86
GF Value