Meyer Apparel Ltd (531613)
Latest quarterly results (Q4 FY26)
In its latest reported quarter, Q4 FY26, Meyer Apparel's revenue was ₹0.0 Cr (-100.0% year on year, -100.0% on the previous quarter), and net profit ₹-0.2 Cr (a bigger loss than a year earlier).
| Q4 FY26 (₹ Cr) | Value | YoY vs Q4 FY25 | QoQ |
|---|---|---|---|
| Revenue | ₹0.0 | -100.0% | -100.0% |
| Operating profit | ₹-0.2 | loss narrowed | loss widened |
| Net profit | ₹-0.2 | loss widened | loss widened |
| EPS (₹) | -0.03 | — | loss widened |
📢 Recent Corporate Announcements
Meyer Apparel reported a net loss of ₹70.33 lakh for the quarter ended June 30, 2026, continuing its trend of financial distress. The company's accumulated losses have reached ₹63.66 crore, leading to a total erosion of its net worth. Statutory auditors have highlighted a material uncertainty regarding the company's ability to continue as a 'going concern,' as current liabilities exceed current assets by ₹34.26 crore. Management is reportedly exploring strategic initiatives to generate cash flow, though revenue remains negligible.
- Net loss of ₹70.33 lakh reported for the quarter ended June 30, 2026
- Accumulated losses stand at ₹6,366.45 lakh as of June 30, 2026
- Current liabilities exceed current assets by ₹3,426.16 lakh
- Negative EPS of ₹0.03 for the quarter
- Net worth remains completely eroded with a reported figure of ₹-34 Cr in context
Meyer Apparel reported a net loss of ₹70.33 lakh for the quarter ended June 30, 2026, continuing its trend of poor financial performance. The statutory auditor has issued a 'Material Uncertainty Related to Going Concern' warning, noting that accumulated losses have reached ₹63.66 crore. Furthermore, the company's current liabilities exceed its current assets by ₹34.26 crore, indicating severe liquidity pressure. With a negative net worth of approximately ₹34 crore and near-zero revenue, the company's operational viability is under significant stress.
- Net loss of ₹70.33 lakh reported for the quarter ended June 30, 2026
- Accumulated losses stand at ₹6,366.45 lakh, leading to complete erosion of net worth
- Current liabilities exceed current assets by ₹3,426.16 lakh as of June 30, 2026
- Auditor highlighted material uncertainty regarding the company's ability to continue as a going concern
- TTM revenue remains negligible at nearly ₹0 Cr against a market cap of ₹14 Cr
Meyer Apparel has scheduled a board meeting on August 12, 2026, to approve unaudited financial results for the quarter ended June 30, 2026. The company is currently in a distressed financial state with a negative net worth of Rs -34 Cr and near-zero TTM revenue. Recent quarterly performance shows consistent losses, with FY26 total revenue amounting to just Rs 0.09 Cr. The trading window for insiders remains closed until 48 hours after the results are disclosed.
- Board meeting scheduled for August 12, 2026, at 12:40 p.m. via video conferencing.
- Primary agenda is the consideration and approval of unaudited financial results for Q1 FY27.
- Company reported a negative net worth of Rs -34 Cr as per latest available data.
- TTM revenue stands at Rs 0 Cr with an operating profit margin of -811.1%.
- Trading window closed for all designated persons until 48 hours post-result announcement.
Financial Performance
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External Factors
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