Mirza International Limited share price

Mirza International Limited, together with its subsidiaries, manufactures, markets, and sells leather footwear products in India, the United Kingdom, the United States, and internationally. It operates in two segments, Footwear and Tannery. The company offers leather shoes and boots under the Thomas Crick brand name; women's shoes under the Off the Hook brand name; and men's leather footwear under the Oaktrak brand name. It exports its products. The company was formerly known as Mirza Tanners Ltd. and changed its name to Mirza International Limited in August 2005. Mirza International Limited was incorporated in 1979 and is headquartered in Noida, India.Read more

Website NSE हिंदी में BSE

Consumer CyclicalFootwear & AccessoriesNSE: MIRZAINTISIN INE771A01026

16 Oct 2026, 3:29 PM IST₹28.06▲ 0.60 (2.18%)

Market Cap₹ 388 Cr.
Current Price₹ 28.06
High / Low₹ 43 / 25
Stock P/E—
Book Value₹ 41
Dividend Yield0.00 %
ROCE1.3 %
ROE-0.10 %
Face Value₹ 2.0

More figures (10)

EPS (TTM)₹ -1.59
Price / Book0.69
OPM-1.3 %
Debt / Equity0.04
Sales growth (5Y)-12.9 %
Profit growth (5Y)—
Promoter holding73.5 %
EV / EBITDA43.9
Beta-0.07
All-time high₹ 376

Price chart

Price on NSE 50 DMA 200 DMA Volume

Returns	1M	3M	6M	YTD	1Y	3Y CAGR	5Y CAGR
MIRZAINT	-3.31%	-24.53%	-15.12%	-24.14%	-26.39%	-16.52%	-15.14%
Nifty 50	-0.31%	-3.85%	-4.34%	-11.42%	-9.53%	+5.46%	+4.76%

Price returns only (dividends not included). Prices from NSE via Yahoo Finance; may be delayed.

Quick take

Mirza International Limited is in the Footwear & Accessories industry (Consumer Cyclical), with a market value of ₹388 crore.
Revenue grew -12.9% a year over the last 5 years.
Return on equity was -0.1% and return on capital employed 1.3% in the latest year.
Debt was 0.04 times shareholders' equity.
The share price is 35.2% below its 52-week high and down 26.4% over one year.
Promoters and insiders hold about 73.5%; institutions about 0.0%.

Pros

Company is almost debt-free (debt is 0.04 times equity).
Promoters have raised their holding by 1.22 points over 3 years, to 72.99%.
Promoters hold a large stake of 72.99%.

Cons

Return on equity has been low: 0.5% on average over the last 3 years.
Interest cover is thin: operating earnings are -3.1 times the interest cost.
Sales growth has been slow: -12.9% a year over the last 5 years.
Latest quarter (Jun 2026): profit fell 123% from a year ago.
The company has not paid a dividend recently.

Pros and cons are generated automatically from the reported figures. They are observations, not a recommendation to buy or sell.

AI analysis

Plenitude AI reads the figures on this page and explains them in plain language. It does not say whether to buy or sell.

About Mirza International Limited

Employees: 1,288
Head office: Noida

Consumer CyclicalFootwear & Accessories

S.No.	Company	CMP ₹	P/E	Mar Cap ₹ Cr	Div Yld %	NP Qtr ₹ Cr	Qtr Profit Var %	Sales Qtr ₹ Cr	Qtr Sales Var %	ROCE %	ROE %	P/B	OPM %	Debt / Eq	Prom. Hold. %	Sales ₹ Cr	Sales Var 3Yrs %
1.	Mirza International	28.06	—	388	0.00	-4	-122.86	128	-9.65	1.3	-0.1	0.69	-1.3	0.04	73.47	527	-12.9
2.	Bata India	638.65	56.2	8,208	5.52	64	23.05	979	3.94	11.2	8.5	5.14	9.4	0.87	50.47	3,515	0.6
3.	REDTAPE	114.15	25.7	6,310	1.77	44	15.23	481	3.65	29.5	26.6	6.18	11.3	0.70	72.17	2,419	18.3
4.	Campus Activewear	202.79	40.2	6,199	0.76	26	17.75	385	12.21	20.7	18.1	6.84	11.5	0.26	72.11	1,774	6.1
5.	V.I.P. Industries	269.75	—	3,832	0.00	-54	—	578	3.02	-50.6	-74.6	18.36	-19.4	2.55	12.20	1,858	-3.8
6.	Bhartiya International	1,053.35	54.9	1,413	0.00	18	218.16	373	33.16	12.4	2.9	2.86	10.6	1.12	78.37	1,358	19.0
7.	Khadim India	118.02	78.2	217	0.00	1	-38.66	78	-18.66	10.7	1.5	1.30	7.4	1.49	62.85	367	-17.3
8.	KSR Footwear	36.37	—	67	0.00	0	—	52	0.36	-14.3	-15.6	0.89	-9.3	0.45	69.90	200	—
	Median: 8 Co.	160.41	54.9	2,622	0.00	9	16.49	379	3.34	11.0	2.2	4.00	8.4	0.79	71.01	1,566	0.6

Companies in the same industry; the median covers every company in it that we hold figures for. Tap a heading to sort. Sorting and comparing are ways to explore data, not recommendations.

Quarterly Results

Consolidated figures in ₹ crore /

₹ Cr	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	128	209	142	152	144	201	114	122	142	164	118	103	128
YOY Sales Growth %	-73.63%	-56.67%	-76.19%	-0.60%	12.47%	-3.50%	-19.26%	-19.98%	-0.98%	-18.39%	3.35%	-15.90%	-9.65%
	117	197	126	140	133	185	111	116	129	152	120	109	125
Material Cost %	59%	67%	55%	56%	58%	61%	55%	62%	55%	61%	63%	65%	63%
Employee Cost %	15%	10%	15%	15%	15%	12%	20%	15%	14%	13%	17%	20%	16%
Other Expenses %	17%	17%	19%	21%	20%	19%	23%	18%	23%	18%	21%	22%	18%
Operating Profit	11	12	15	12	11	17	3	6	13	13	-1	-7	3
OPM %	9%	6%	11%	8%	7%	8%	3%	5%	9%	8%	-1%	-7%	2%
	1	3	2	1	0	0	1	0	0	1	1	1	1
Exceptional items									19
Interest	2	2	4	3	2	3	4	3	2	2	2	1	1
Depreciation	7	6	7	8	8	7	8	8	8	8	8	8	7
Profit before tax	3	6	6	1	1	7	-8	-4	22	3	-10	-15	-4
	15%	38%	25%	16%	42%	19%			17%	30%
Current tax	0	2	2	0	1	1	-2	0	4	1	-2	-1
Deferred tax	0	0	-0	0	-0	-0	-0	-0	-0	0	-1	-0	-0
	2	4	4	1	1	6	-6	-4	18	2	-7	-13	-4
YOY Profit Growth %	-94.04%	-87.75%	-92.37%	-48.44%	-73.72%	47.02%	-229.38%	-469.78%	2,674.33%	-63.56%			-122.86%
EPS in Rs	0.18	0.29	0.32	0.09	0.05	0.43	-0.41	-0.32	1.29	0.16	-0.53	-0.96	-0.29
Raw filing

₹ Cr	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	124	199	137	143	137	198	114	120	141	170	107	98	124
YOY Sales Growth %	-74.21%	-58.58%	-76.83%	-5.17%	10.41%	-0.45%	-16.82%	-15.48%	3.14%	-14.30%	-6.03%	-18.67%	-12.63%
	114	184	123	133	126	184	113	112	129	155	109	103	121
Material Cost %	58%	65%	55%	57%	57%	63%	58%	63%	58%	63%	65%	65%	64%
Employee Cost %	15%	10%	15%	14%	15%	11%	18%	13%	13%	12%	16%	18%	16%
Other Expenses %	19%	18%	21%	22%	20%	19%	23%	17%	21%	16%	21%	22%	18%
Operating Profit	10	15	14	10	11	14	1	9	12	15	-2	-5	3
OPM %	8%	7%	10%	7%	8%	7%	1%	7%	9%	9%	-2%	-5%	2%
	1	2	1	1	0	0	1	0	0	0	0	1	0
Exceptional items									19
Interest	2	2	2	2	1	3	3	2	2	2	1	1	1
Depreciation	7	6	7	8	8	7	8	8	8	8	8	7	7
Profit before tax	2	9	6	1	2	5	-9	-1	21	5	-10	-13	-5
	11%	30%	23%	34%	25%	32%			17%	19%
Current tax	0	2	2	0	1	1	-2	-0	4	1	-2	-2
Deferred tax	0	0	-0	0	-0	-0	-0	-0	-0	0	-1		-0
	2	6	5	1	1	3	-7	-1	18	4	-8	-12	-5
YOY Profit Growth %	-94.56%	-81.05%	-91.30%	-61.37%	-37.51%	-48.42%	-243.04%	-156.88%	1,198.90%	27.83%			-125.55%
EPS in Rs	0.16	0.44	0.35	0.06	0.10	0.23	-0.50	-0.04	1.28	0.29	-0.57	-0.85	-0.33
Raw filing

Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Latest quarter on the right.

Profit & Loss

Consolidated figures in ₹ crore /

₹ Cr	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
	972	972	1,152	1,261	1,049	1,679	653	630	581	527	514
YOY Sales Growth %			18.48%	9.51%	-16.83%	60.04%	-61.10%	-3.47%	-7.79%	-9.29%
	798	798	1,008	1,089	931	1,444	587	582	545	509	506
Material Cost %	49%	49%	57%	56%	56%	56%	58%	60%	59%	61%	63%
Employee Cost %	9%	9%	8%	9%	9%	6%	12%	14%	15%	15%	16%
Other Expenses %	23%	23%	22%	22%	24%	23%	20%	19%	20%	20%	19%
Operating Profit	174	174	144	172	118	235	66	49	36	18	8
OPM %	18%	18%	12%	14%	11%	14%	10%	8%	6%	3%	1%
	0	0	2	2	1	6	5	8	2	2	3
Exceptional items										19
Interest	25	25	34	46	41	27	10	12	11	8	6
Depreciation	32	32	35	63	67	60	26	28	31	31	30
Profit before tax	118	118	76	64	12	154	36	17	-4	-0	-26
	33%	33%	36%	26%	30%	26%	26%	27%
Current tax	38	38	26	18	7	40	8	4	1	1
Deferred tax	1	1	2	-2	-3	1	1	0	-1	-1
	78	78	49	48	8	113	26	12	-4	-1	-22
Profit from associates					-0	-0
YOY Profit Growth %			-37.77%	-2.22%	-82.53%	1,254.16%	-76.56%	-54.49%	-129.44%
EPS in Rs	6.52	6.52	4.06	3.97	0.61	9.38	1.91	0.87	-0.26	-0.04	-1.62

Compounded Sales Growth

5 Years:: -13%
3 Years:: -7%
TTM:: -11%

Compounded Profit Growth

TTM:: -265%

Stock Price CAGR

5 Years:: -15%
3 Years:: -17%
1 Year:: -26%

Return on Equity

4 Years:: 2%
Last Year:: 0%

₹ Cr	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
	972	972	1,152	1,260	1,047	1,672	627	603	570	516	498
YOY Sales Growth %			18.48%	9.42%	-16.93%	59.68%	-62.49%	-3.88%	-5.50%	-9.37%
	798	798	1,008	1,089	930	1,441	565	556	536	496	488
Material Cost %	49%	49%	57%	56%	56%	56%	60%	59%	60%	62%	64%
Employee Cost %	9%	9%	8%	9%	8%	6%	12%	13%	14%	14%	15%
Other Expenses %	23%	23%	22%	22%	24%	23%	18%	20%	20%	19%	19%
Operating Profit	174	174	144	172	116	231	62	47	34	21	10
OPM %	18%	18%	12%	14%	11%	14%	10%	8%	6%	4%	2%
	0	0	2	2	1	6	5	7	1	1	2
Exceptional items										19
Interest	25	25	34	46	41	27	8	7	9	7	5
Depreciation	32	32	35	63	66	60	25	28	30	31	30
Profit before tax	118	118	76	64	10	149	34	19	-5	3	-24
	33%	33%	36%	26%	29%	26%	23%	26%		19%
Current tax	38	38	26	18	6	38	7	5		1
Deferred tax	1	1	2	-2	-3	1	1	0	-1	-1
	78	78	49	48	7	110	26	14	-4	2	-20
YOY Profit Growth %			-37.78%	-2.30%	-84.52%	1,396.56%	-76.29%	-46.61%	-128.53%
EPS in Rs	6.52	6.52	4.06	3.96	0.61	9.18	1.89	1.01	-0.29	0.15	-1.46
Dividend Payout %							0%	0%		4%

Compounded Sales Growth

5 Years:: -13%
3 Years:: -6%
TTM:: -13%

Compounded Profit Growth

5 Years:: -22%
3 Years:: -57%
TTM:: -251%

Stock Price CAGR

5 Years:: -15%
3 Years:: -17%
1 Year:: -26%

Return on Equity

4 Years:: 2%
Last Year:: 0%

Financial years ending March; TTM = the last four quarters. Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Dividend payout = dividends paid in the year ÷ net profit.

Balance Sheet

Consolidated figures in ₹ crore, as at 31 March

₹ Cr	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	28	28	28	28
Reserves	506	525	537	535
	54	42	54	21
Long term borrowings	17	0		13
Short term borrowings	28	35	48	2
	142	124	116	108
Trade payables	94	76	69	61
Current liabilities	142	130	133	78
Total Liabilities	729	719	734	692
	394	397	412	388
Gross block	666	695	737	730
Accumulated depreciation	272	297	325	342
Goodwill & intangibles	6	11	5	5
CWIP	1	11	3	5
	335	310	320	298
Inventories	161	154	161	144
Trade receivables	87	79	67	69
Cash & equivalents	15	17	17	9
Current assets	320	305	305	286
Total Assets	729	719	734	692

Source: Yahoo Finance (compiled from the annual reports). Tap a row marked + for its breakdown.

Cash Flows

Consolidated figures in ₹ crore, financial years ending March

₹ Cr	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	47	50	28	44
Profit for the year	26	12	-3	-1
Working capital changes	-8	3	-5	25
Direct taxes paid	-12	-6	-2
	-53	-25	-29	10
Fixed assets purchased	-54	-37	-47	-17
Fixed assets sold		5	3	28
Investments purchased		-1	-0	-1
	-33	-22	1	-41
Proceeds from borrowings		7	13	13
Repayment of borrowings	-23	-17	-0	-46
Interest paid	-9	-12	-11	-8
Dividends paid	-0	-0	-0	-0
Net Cash Flow	-39	3	1	13
Free Cash Flow	-7	13	-18	27

Free cash flow = cash from operations − capital expenditure. Source: Yahoo Finance.

Ratios

Ratio	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
ROE	0.0%	0.0%	0.0%	7.7%	0.0%	16.1%	0.0%	0.0%	0.0%	0.0%
Operating margin	17.9%	17.9%	12.5%	13.6%	11.3%	14.0%	10.2%	7.7%	6.2%	3.4%
Net margin	8.1%	8.1%	4.2%	3.8%	0.8%	6.7%	4.1%	1.9%	-0.6%	-0.1%
Interest coverage	5.72	5.72	3.21	2.41	1.29	6.69	4.67	2.41	0.67	0.99
Tax rate	33.5%	33.5%	35.8%	26.0%	29.8%	26.4%	26.4%	27.5%	—	—
Book value / share	₹48	₹48	₹51	₹52	₹53	₹63	₹39	₹40	₹41	₹41

Balance-sheet ratios

Ratio	Mar 2023	Mar 2024	Mar 2025	Mar 2026
ROCE	7.8%	4.8%	1.2%	1.3%
Debt / equity	0.10	0.08	0.10	0.04
Current ratio	2.25	2.35	2.30	3.67
Debtor days	53	48	44	51
Inventory days	155	149	171	164
Days payable	91	73	73	69
Cash conversion cycle	117	124	142	146
Working capital days	108	107	115	152

ROE = profit for shareholders ÷ average net worth (paid-up capital + reserves, from each year's March results filed with NSE). Interest coverage = (profit before tax + interest) ÷ interest. ROCE = EBIT ÷ (total assets − current liabilities). Debtor days = receivables ÷ sales × 365; inventory and payable days use cost of goods sold; working capital days = (current assets − current liabilities) ÷ sales × 365. Balance-sheet ratios are shown for the years whose full balance sheet is available (Yahoo Finance and NSE filings from FY2025).

Shareholding Pattern

Numbers in percentages · as filed with NSE each quarter

Promoters 72.99%
FIIs 0.14%
DIIs 0.01%
Public 26.86%

%	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	71.77%	71.39%	71.27%	71.27%	71.27%	71.27%	71.27%	71.37%	72.99%	72.99%	72.99%	72.99%
	0.48%	0.34%	0.34%	0.30%	0.17%	0.14%	0.14%	0.14%	0.24%	0.17%	0.14%	0.14%
Foreign portfolio investors (Cat. I)	0.35%	0.22%	0.22%	0.18%	0.05%	0.03%	0.03%	0.03%	0.14%	0.06%	0.03%	0.03%
Foreign portfolio investors (Cat. II)	0.09%	0.09%	0.09%	0.09%	0.09%	0.08%	0.08%	0.08%	0.08%	0.08%	0.08%	0.08%
DIIs	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
	27.74%	28.26%	28.37%	28.42%	28.55%	28.58%	28.58%	28.48%	26.76%	26.83%	26.86%	26.86%
Retail (up to ₹2 lakh)	23.32%	23.97%	24.23%	24.34%	24.92%	24.85%	24.51%	24.44%	22.74%	22.78%	22.85%	22.81%
HNIs (above ₹2 lakh)	1.50%	1.31%	1.41%	1.33%	1.13%	1.25%	1.34%	1.43%	1.43%	1.37%	1.42%	1.61%
NRIs	0.67%	0.73%	0.69%	0.73%	0.75%	0.71%	0.88%	0.82%	0.81%	0.90%	0.87%	0.83%
Bodies corporate	0.51%	0.48%	0.49%	0.45%	0.44%	0.49%	0.53%	0.49%	0.47%	0.44%	0.41%	0.41%
IEPF	0.37%	0.38%	0.38%	0.38%	0.44%	0.44%	0.44%	0.44%	0.48%	0.48%	0.48%	0.48%
No. of Shareholders	87,980	87,833	84,125	81,943	81,079	83,184	81,699	83,053	78,777	77,176	75,840	74,279

Source: shareholding patterns filed by the company with NSE. Public = non-institutional holders. Tap a row marked + for its breakdown.

Documents

Announcements

All announcements on NSE →

Annual reports

Credit ratings

Concalls & investor meets

Filings made by the company with NSE; documents open on NSE's website.

Key dates

Ex-dividend date: 18 Feb 2020
Latest quarter: 30 Jun 2026
Financial year end: 31 Mar 2026

Trade with our broking desk

Open a trading & demat account through Parshvanath Investments, Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539; NSE AP0153037862, BSE AP01095201177059). Execution and service only: no tips or research.

Open an account How it works

Latest news

In the news

Mirza International MIRZAINT Regulation 74(5) Certificate Q2 FY27Kalkine India · 9 Oct 2026

From the company (NSE)

Headlines from news publishers (via Google News) and the filings of the company with NSE; they open on the source website. Headlines with price targets or buy/sell calls are left out. News is for information only and is not a recommendation.

Questions about Mirza International Limited

What is the share price of Mirza International Limited today?

Mirza International Limited (MIRZAINT) last traded at ₹28.06 on NSE (16 Oct 2026, 3:29 PM IST). Prices may be delayed.

What is the market cap of Mirza International Limited?

About ₹388 crore at the latest price.

What is the P/E ratio of Mirza International Limited?

The P/E is not available (for example when earnings are negative).

Is Mirza International Limited a good investment?

We do not give views on individual shares. Whether any share suits you depends on your goals, time horizon and risk appetite; for long-term goals, a diversified mutual fund is often a simpler way to own shares. Investments in securities markets are subject to market risks.

How can I buy Mirza International Limited shares?

You need a trading and demat account with a SEBI-registered stock broker. We can help you open one through Parshvanath Investments, an Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539). We provide execution and account service only, not tips or research.

Important. Prices from NSE via Yahoo Finance. Quarterly and annual results, shareholding and documents are taken from the filings the company made with NSE; balance sheet, cash flow and valuation figures are compiled by Yahoo Finance; ratios are computed by us from them. Figures may be delayed or revised. This page is for information only: it is not research, a recommendation or an offer to buy or sell any security. Investments in securities markets are subject to market risks; read all related documents carefully before investing. Plenitude Connect Private Limited is an AMFI-registered Mutual Fund Distributor (ARN-130934); share broking is offered through Parshvanath Investments, Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539).

Talk to us

Have a question about this topic?

Tell us a little about your situation and an expert will call you back, usually within 2 hours on business days.

Get in touch

We typically respond within 2 hours on business days.

Call us

CA Amit Kumar Jain+91 93522 44475 Arihant Jain+91 80056 49698 Poornima Jain+91 92525 44475

Email ussupport@plenitude.co.in

WhatsAppChat with an expert

Visit us5C, Laxmi Colony, Near Bohra Ji Ka Bagh, Opp. Laxmi Mandir Cinema, Tonk Road, Jaipur, Rajasthan 302015

Mon–Sat · 10:00 AM – 7:00 PM IST

In your free consultation

A health check of your current investments
A goal-based plan for retirement, education or a home
Ways to save tax that fit your situation
Clear next steps, with zero pressure to invest

2,000+Investors

₹250 Cr+Client assets

15+ yrsExperience

AMFI Registered Mutual Fund Distributor · ARN-130934

Experts are available Mon–Sat, 10 AM – 7 PM

Book your free wealth consultation

100% free
No obligation
Reply within 2 hours

First name *

Last name *

Email *

Phone *

+91

I'm interested in *

Best day for a call

Preferred time

How can we help? (optional)

Upload your portfolio (optional, get a free expert review)Attach your portfolio statement · PDF, Excel or CSV (e.g. CAS), max 10 MB

I consent to being contacted by Plenitude Connect about financial services. My data will be handled as per the Privacy Policy.

Join 2,000+ investors who plan with Plenitude

Your details are private and never shared.

Mirza International Limited share price

Price chart

Quick take

Pros

Cons

AI analysis

About Mirza International Limited

Peer comparison

Quarterly Results

Profit & Loss

Projection — your assumptions

Related party transactions

Compounded Sales Growth

Compounded Profit Growth

Stock Price CAGR

Return on Equity

Compounded Sales Growth

Compounded Profit Growth

Stock Price CAGR

Return on Equity

Balance Sheet

Cash Flows

Ratios

Balance-sheet ratios

Shareholding Pattern

Documents

Announcements

Annual reports

Credit ratings

Concalls & investor meets

Key dates

Trade with our broking desk

Latest news

In the news

From the company (NSE)

Questions about Mirza International Limited

Have a question about this topic?

Book your free wealth consultation

Request received!

What happens next