MEERA Industries Limited has secured a significant domestic order worth ₹2.03 crore for supplying advanced filament twisting machinery. The order from Indospun LLP, dated February 18, 2026, represents the company's continued expansion in the industrial thread manufacturing segment.

Order Details and Specifications

The order involves the supply of a Filament Twister – Heavy Duty Tangential Belt Spindle Drive system designed for manufacturing twisted polypropylene yarns used as PP sewing thread. The machinery will serve industrial thread manufacturing applications, specifically targeting end-use packaging segments.

Target Applications and Market Segments

The ordered configuration is specifically intended for industrial thread manufacturing serving critical packaging segments. The machinery will support production for:

• FIBC bags (Flexible Intermediate Bulk Containers)
• Cement bags
• Fertilizer bags
• Allied packaging applications requiring consistent twist, strength, and process stability

Technical Capabilities and Market Position

MEERA Industries' engineering focus centers on high-speed, high-twist spindle systems with robust build quality. The company's solutions are designed to improve productivity, reduce downtime, and deliver repeatable yarn quality for demanding industrial users. The Heavy Duty Tangential Belt Spindle Drive system represents the company's commitment to providing reliable twisting technology for the packaging industry.

Management Perspective

The company management expressed appreciation for the confidence placed in MEERA's technology for industrial PP sewing thread manufacturing. Management emphasized that this order underscores their capability to deliver high-performance twisting solutions aligned with the evolving needs of packaging and industrial thread customers, while maintaining focus on execution excellence and timely deliveries.

Company Background

MEERA Industries Limited specializes in designing and manufacturing twisting machines and heat-setting machines used in the production of industrial yarns and threads. The company serves customers across multiple textile and packaging-linked applications with emphasis on reliability, speed, and process consistency. As an ISO 9001:2015 certified company with an in-house R&D center, MEERA continues to invest in engineering improvements that enhance customer outcomes.

Meera Industries Limited announced its quarterly financial results for Q3FY26 ended December 31, 2025, along with significant corporate developments including a key management appointment and share subdivision plan.

Financial Performance Overview

The company's standalone financial results for Q3FY26 showed mixed performance compared to previous periods. Revenue from operations declined to ₹878.65 lakhs in Q3FY26 from ₹1,164.22 lakhs in Q3FY25, representing a decrease from the corresponding quarter of the previous year.

Segment Performance Analysis

The company operates through two primary business divisions with contrasting performance trends. The Machine Division generated revenue of ₹427.50 lakhs in Q3FY26 compared to ₹1,002.54 lakhs in Q3FY25. The Plastic Division showed improved performance with revenue of ₹451.15 lakhs in Q3FY26 versus ₹161.68 lakhs in Q3FY25.

Key Management Appointment

The board of directors approved the appointment of Dharmesh Vinodbhai Desai, who currently serves as Chairman and Managing Director, as additional Chief Financial Officer and Key Managerial Personnel effective February 13, 2026. Desai holds a Bachelor of Engineering (Mechanical) degree and brings over two decades of industry experience in business leadership, strategic planning, and financial management within the textile machinery sector.

Share Subdivision Announcement

The company announced a share split plan, subdividing existing equity shares of face value ₹10 each into shares of face value ₹5 each. The board fixed March 6, 2026 as the record date for determining shareholder eligibility for this subdivision.

Consolidated Results

On a consolidated basis, the company reported revenue from operations of ₹879.73 lakhs for Q3FY26 and net profit after tax of ₹29.34 lakhs. The consolidated results include the performance of the wholly owned subsidiary Meera Industries USA LLC, which contributed revenue of ₹1.08 lakhs for the quarter.

The board meeting was held on February 13, 2026, where these results were reviewed by the Audit Committee and approved by the directors. The financial statements were prepared in accordance with Indian Accounting Standards and reviewed by statutory auditors K A Sanghavi & Co LLP.