MEERA Industries Secures USD 135,000 in Repeat Export Orders, Expanding Footprint in Indonesia and South Africa

1 min read     Updated on 19 Aug 2025, 03:53 PM
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Reviewed by
Riya DeyBy ScanX News Team
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Overview

Meera Industries Limited has received repeat export orders worth $135,000 from existing customers in Indonesia and South Africa. The orders include a $51,000 TPRS Twister for TERAS ADHI KARISMA PT in Indonesia and an $84,000 Spun Twister for YARNTEX (PTY) LTD in South Africa. Both orders are for industrial thread applications and are set for completion in Q3 of FY 2025-26. The company's TPRS and Spun Twister technologies are highlighted for their efficiency and quality. These orders reflect Meera's growing presence in ASEAN and African markets, particularly in specialty textile segments.

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*this image is generated using AI for illustrative purposes only.

Meera Industries Limited, a leading manufacturer of twisting and heat-setting machines for technical textiles, has announced securing repeat export orders worth USD 135,000 from existing customers in Indonesia and South Africa. The orders, placed on August 18, 2025, showcase the company's growing presence in the ASEAN and African markets, particularly in the industrial thread and bag-closing thread segments.

Order Details

The company has received two significant orders:

  1. A USD 51,000 order from TERAS ADHI KARISMA PT in Indonesia for TPRS Twister with Precision Take-up, designed for bag-closing and industrial thread applications.
  2. An USD 84,000 order from YARNTEX (PTY) LTD in South Africa for Spun Twister Heavy-Duty Tape-Drive Spindle, intended for industrial thread applications.

Both orders are scheduled for completion in the third quarter of the financial year 2025-26.

Technology Highlights

Meera Industries specializes in two key technologies:

  1. TPRS (Twisting Plying and Reverse Twisting in One Step): This patented technology streamlines three traditional manufacturing steps into a single process, resulting in significant capital and operational cost savings while producing high-quality, knotless packages for various industrial yarn applications.

  2. Spun Twister Technology: Meera's Spun Twisters are heavy-duty machines designed for optimal productivity and energy efficiency, delivering superior yarn quality for a wide range of woven, knitted, and sewing threads.

Strategic Implications

The repeat nature of these orders underscores customer satisfaction with Meera's process reliability, consistent yarn quality, and lifecycle return on investment. Bhavisha Kunal Chauhan, Company Secretary & Compliance Officer of Meera Industries Limited, stated that these orders reflect the company's increasing penetration into high-precision, specialty textile segments, including aerospace, healthcare, and premium cotton markets.

Future Outlook

Meera Industries aims to leverage this momentum to:

  • Deepen its presence in key global markets
  • Intensify R&D efforts
  • Expand post-sales support infrastructure, especially in North America

The company remains focused on disciplined execution, after-sales support, and selective expansion across ASEAN and Africa. Meera's product roadmap continues to emphasize precision engineering and throughput reliability, capabilities highly valued by manufacturers scaling industrial thread operations.

As Meera Industries continues to strengthen its position in the technical textiles market, these repeat orders serve as a testament to the company's commitment to quality, innovation, and customer satisfaction.

Historical Stock Returns for Meera Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-1.88%+4.35%-0.11%+13.00%+11.20%+80.31%
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Meera Industries Reports Q1 FY2026 Results, Merges Divisions and Appoints Secretarial Auditors

1 min read     Updated on 30 Jul 2025, 06:23 PM
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Reviewed by
Radhika SahaniBy ScanX News Team
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Overview

Meera Industries Limited reported consolidated revenue of ₹1,052.19 lakhs and net profit of ₹80.60 lakhs for Q1 FY2026. The company merged its Plastic and Yarn Divisions, renaming it 'Plastic Division'. The Board appointed M/s Chirag Shah & Associates as Secretarial Auditors for five years, scheduled the 19th AGM for September 11, 2025, and recommended the reappointment of Mrs. Bijal Desai as director.

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Meera Industries Limited , a leading manufacturer in the textile machinery sector, has announced its financial results for the first quarter of fiscal year 2026, along with several key corporate decisions.

Financial Performance

For the quarter ended June 30, 2025, Meera Industries reported the following consolidated results:

Particulars Q1 FY2026 (₹ in lakhs)
Revenue from operations 1,052.19
Net profit 80.60

On a standalone basis, the company's revenue stood at ₹948.15 lakhs with a net profit of ₹64.78 lakhs for the same period.

Divisional Restructuring

In a strategic move, Meera Industries has merged its Plastic Division and Yarn Division, renaming the combined entity as 'Plastic Division'. This restructuring is expected to streamline operations and potentially improve efficiency.

Corporate Governance

The Board of Directors has made several key decisions to enhance corporate governance:

  1. Appointment of Secretarial Auditors: M/s Chirag Shah & Associates, Practicing Company Secretaries, have been appointed as Secretarial Auditors for a five-year term from FY 2025-26 to FY 2029-30, subject to shareholder approval.

  2. Annual General Meeting: The 19th Annual General Meeting is scheduled for September 11, 2025, to be held via video conferencing.

  3. Book Closure: The Register of Members and Share Transfer books will remain closed from September 4-11, 2025, for AGM purposes.

  4. Director Reappointment: The board has recommended the reappointment of Mrs. Bijal Desai, who retires by rotation.

The company's focus on corporate governance and strategic restructuring, coupled with its financial performance, positions Meera Industries to navigate the evolving business landscape in the textile machinery sector.

Historical Stock Returns for Meera Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-1.88%+4.35%-0.11%+13.00%+11.20%+80.31%
Meera Industries
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