Meera Industries Limited , a leading textile machinery manufacturer, has released its investor presentation for the quarter and half-year ended September 30, 2025, highlighting its financial performance and strategic initiatives.

Financial Performance

The company's financial results for Q2 FY26 show a slight decline in revenue compared to the previous quarters:

Despite the quarter-on-quarter decrease, the company maintains a positive outlook, focusing on its diversification and expansion strategies.

Strategic Initiatives

Global Expansion

Meera Industries has established a global presence, exporting to 39 countries across six continents. The company has set up a subsidiary in the United States, located at 1938 West Green Drive, High Point, North Carolina, to strengthen its position in advanced markets.

Diversification into CPP Films

Meera Industries is diversifying into the flexible packaging sector with Cast Polypropylene (CPP) films. This strategic initiative aims to cater to the food, FMCG, and pharmaceutical packaging industries. Key highlights of this venture include:

• Estimated FY26 Revenue: ₹20-25 crore at full capacity
• Installed Capacity: 300 tonnes/month (target operational: 250 TPM)
• Potential Expansion: Scalable to 600 tonnes/month
• Realization Rate: ₹135 per kg
• Investment Requirement: ₹10 crore (Phase I); ₹35 crore (full capacity) – no dilution required
• Current Order Book: ₹20 crore

Company Overview

With a 19-year track record in textile machinery manufacturing, Meera Industries has established itself as a key player in the industry. The company boasts:

• 14+ advanced machinery lines
• A DSIR-recognized R&D unit
• Over 1,000 customers globally
• Patented TPRS technology (Twisting, Plying, and Reverse Twisting in One Step)
• More than 1 million spindles sold
• ISO 9001 certification and CE-compliant machinery

Market Outlook

The textile machinery market shows promising growth potential, with spinning machines holding a 44.4% share in 2024. The Asia-Pacific region dominates the market with a 55.56% share, while the Middle East & Africa are projected to record one of the fastest regional growth rates at 6.47% CAGR.

As Meera Industries continues to navigate the challenges of high CapEx and raw material volatility, its focus on innovation, global expansion, and diversification into CPP films positions the company for potential growth in the evolving textile and packaging industries.

Meera Industries Limited has announced two significant corporate developments that may interest shareholders and market watchers alike.

Interim Dividend Declaration

The Board of Directors of Meera Industries, in their meeting held on November 14, 2025, declared an interim dividend of Rs. 0.50 per equity share for the financial year 2025-26. This dividend represents 5% of the face value of Rs. 10.00 per share.

Key points of the dividend declaration:

• The interim dividend will be paid to all shareholders except the promoters.
• Mr. Dharmesh Desai and Mrs. Bijal Desai, the promoters, have voluntarily waived their right to receive the dividend for this financial year.
• The dividend is subject to TDS where applicable.
• Shareholders can expect the dividend to be paid within 30 days of the declaration.

This move appears to be aimed at rewarding public shareholders while the promoters forego their dividend, potentially to reinvest in the company's growth.

CFO Resignation

In a separate development, Mr. Vinod Ojha, the Chief Financial Officer of Meera Industries, has tendered his resignation. The key details of this change are:

• Mr. Ojha's last working day will be November 30, 2025.
• He has served the organization since 2016.
• The resignation is to pursue career opportunities outside the organization.

In his resignation letter, Mr. Ojha expressed gratitude for the trust and opportunities provided during his tenure and confidence in Meera Industries' continued success.

The company has not yet announced a successor for the CFO position. This change in key managerial personnel may be of interest to investors as they assess the company's financial leadership going forward.

Meera Industries, known for its involvement in the textile machinery sector, will need to manage this transition in its financial leadership while continuing to focus on its business operations and shareholder returns.

Investors and stakeholders may want to keep an eye on further announcements from the company regarding the CFO succession plan and any potential impacts on the company's financial strategy.