NSE: MIRZAINT | BSE: 526642

Mid-range Performer

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28.34 0.47 (1.69%)

New 52W Low in past week

72,478 NSE+BSE Volume

NSE 11 Apr, 2025 3:31 PM (IST)

391.7

Market Cap

Below industry Median

0.6

Beta 1Year

Very Low volatility

Mirza International Ltd. share price target and research reports

Name: Latest research reports of Mirza International Ltd. authored by Ashika Research and published by - Trendlyne research reports.
Item: Mirza International Ltd.
Rating: 5
Author: Ashika Research

Latest analyst research reports with target prices and PDF download for MIRZAINT, BSE:526642 Mirza International Ltd.

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Mirza International Ltd.

01 Dec 2022

28.34

1.69%

Ashika - Stock Picks Mirza International Ltd. - December 2022

Buy: Mirza International Ltd.

Ashika Research

Mirza International Ltd. is trading below all available SMAs

Mirza International Ltd.

19 Feb 2019

28.34

1.69%

Mirza International Ltd: Bad Inventory Controls Led to a Disappointing Bottom-line

Buy: Mirza International Ltd.

Target

Karvy

Bad Inventory Controls Led to a Disappointing Bottom-line: Mirza International's store expansion, which did not go as per plan (of 75 OnlineStores) resulted in higher working capital because of lower number of stores, inventory for which, had to be updated in advance for the winter season for non-indigenous markets.

Mirza International Ltd. is trading below all available SMAs

Mirza International Ltd.

03 Dec 2018

28.34

1.69%

Mirza International Ltd: Online Store Expansion Keeps Topline Buzzing

Buy: Mirza International Ltd.

Target

Karvy

Online Store Expansion Keeps Topline Buzzing: Mirza International Ltd's revenue for Q2FY19 came in at Rs 2958.61 Mn, up 23.1% YoY. EBITDA for the quarter came in at Rs. 426.65 Mn, up 0.5% YoY. Margins for the quarter came in at 14.4%, down by ~ 324 bps YoY due to higher input prices.

Mirza International Ltd. has lost -40.02% in the last 1 Year

Mirza International Ltd.

13 Aug 2018

28.34

1.69%

Mirza International Ltd: Exports to Remain Tapered for FY19E...

Buy: Mirza International Ltd.

Target

Karvy

Exports to Remain Tapered for FY19E; Domestic Markets to Flourish on the Back of Store Expansion: Strong domestic revenue growth can be attributed to the aggressive expansion of online EBOs (Exclusive Brand Outlets), strategized entry into organized value footwear segment with the launch of sports/canvas (Vulcanized Footwear), Bond Street and renewed focus coupled with expansion of product portfolio in the garment segment.

Mirza International Ltd. has lost -34.72% in the last 6 Months

Mirza International Ltd.

09 Aug 2018

28.34

1.69%

Mirza Intl

Buy: Mirza International Ltd.

Target

Centrum Broking

We maintain our BUY rating on Mirza International with revised TP of Rs162. We believe the growth momentum in the domestic business would get better on the back of increasing focus on the newly launched Bond Street & sports/canvas shoes. Further online EBO channel is garnering strong traction wherein the management has plans to aggressively open new stores. Entry in the women's footwear through Mode' brand would help the company in garnering incremental sales while the garmenting business continues to grow at healthy...

Mirza International Ltd. is trading below all available SMAs

Mirza International Ltd.

05 Jun 2018

28.34

1.69%

INVESTMENT NOTE : MIRZA INTERNATIONAL LIMITED

Buy: Mirza International Ltd.

Choice India

Mirza International Limited (MIL) is India's leading manufacturer and marketer of leather footwear and finished leather. With an established footprint that spans across 30 countries, as well as a rock solid infrastructure. Apart from supplying products to global retailers, It also has global in-house brands - Red Tape and Oaktrak - in its portfolio. Recently the company acquired brand Yezdi to increase its product offerings. It has also launched two new sub-brands of REDTAPE: Bond Street and Red tape Athleisure Sports range based on the years of experience as well as insight....

Mirza International Ltd. has lost -40.02% in the last 1 Year

Mirza International Ltd.

31 May 2018

28.34

1.69%

Mirza Intl

Buy: Mirza International Ltd.

Target

Centrum Broking

Levers in place to achieve Rs6bn domestic sales guidance We maintain our BUY rating on Mirza International with a TP of Rs205 (20x FY20E EPS). While management has achieved its FY18E guidance of Rs4bn domestic sales, they have further guided for Rs6bn sales for FY19E on the back of new product launches and entry into women footwear. They believe the 100 online-offline large format stores have the potential to generate Rs30mn sales each which would offer them significant upside. Further sports shoes and Bond Street have contributed 30% to the domestic footwear sales which would further grow in FY19 as they launch new...

Mirza International Ltd. has lost -34.72% in the last 6 Months

Mirza International Ltd.

09 Feb 2018

28.34

1.69%

Result Update:Mirza Internatio

Buy: Mirza International Ltd.

Recommendation Target

Axis Direct

Mirza Intl. reported an average quarter with revenues of Rs 254 cr (?11% (YoY) & ?6%QoQ), an EBIDTA of Rs 46 cr (?16% (YoY) and ?9% on sequential basis) and PAT of Rs 20.9 cr (?22% (YoY), ?8% QoQ) in Q3FY18.

Mirza International Ltd. has lost -40.02% in the last 1 Year

Mirza International Ltd.

05 Feb 2018

28.34

1.69%

Mirza Intl

Buy: Mirza International Ltd.

Target

Centrum Broking

We maintain our BUY rating on Mirza International with a TP of Rs215 (20x FY20E EPS). Growth in domestic revenue continues to be strong double digit on the back of traction in sports shoes and lower price point Bond Street. Management plans to focus on North India market for sports shoes and also on online-offline stores which they plan to scale to 70-100 store over next 1 year. Entry in the women footwear segment is a logical extension which would bear fruits over next 2 years as the management is targeting to sell 0.5mn pairs. Further they have received upholstery orders from China which would boost tannery sales which has been declining. While...