About
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.
Key Metrics
as of Sep 2026Market Cap428 Cr
P/E—
Div Yield0.00 %
Book Value₹40.70
52w High₹44.00
52w Low₹24.80
Face Value₹2.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 128.40 | 102.56 | 118.21 | 164.36 | 142.11 | 121.95 | 114.38 | 201.39 | 143.51 | 152.39 | 141.67 | 208.70 | 127.60 |
| Expenses | 125.36 | 109.32 | 119.51 | 151.69 | 129.25 | 116.33 | 111.25 | 184.51 | 132.99 | 140.36 | 126.25 | 196.66 | 118.39 |
| Operating Profit | 3.04 | -6.76 | -1.30 | 12.67 | 12.86 | 5.62 | 3.13 | 16.88 | 10.52 | 12.03 | 15.42 | 12.04 | 9.21 |
| OPM % | 2.37 | -6.59 | -1.10 | 7.71 | 9.05 | 4.61 | 2.74 | 8.38 | 7.33 | 7.89 | 10.88 | 5.77 | 7.22 |
| Other Income | 0.63 | 0.89 | 0.93 | 0.58 | 18.91 | 0.46 | 0.54 | 0.31 | 0.21 | 0.57 | 1.55 | 3.19 | 2.71 |
| Depreciation | 7.28 | 7.55 | 7.67 | 7.91 | 7.97 | 7.57 | 7.77 | 7.28 | 7.98 | 7.71 | 7.18 | 6.40 | 7.04 |
| Interest | 0.83 | 1.30 | 1.89 | 2.27 | 2.29 | 2.64 | 3.73 | 2.59 | 1.64 | 3.48 | 3.94 | 2.36 | 2.02 |
| Profit before tax | -4.44 | -14.72 | -9.93 | 3.07 | 21.51 | -4.13 | -7.83 | 7.32 | 1.11 | 1.41 | 5.85 | 6.47 | 2.86 |
| Tax % | -8.33 | -10.19 | -26.38 | 30.29 | 17.20 | 6.30 | -27.46 | 19.54 | 41.44 | 14.18 | 24.96 | 38.02 | 14.69 |
| Net Profit | -4.07 | -13.22 | -7.31 | 2.15 | 17.81 | -4.40 | -5.69 | 5.90 | 0.64 | 1.22 | 4.40 | 4.01 | 2.44 |
| EPS in Rs | -0.29 | -0.96 | -0.53 | 0.16 | 1.29 | -0.32 | -0.41 | 0.43 | 0.05 | 0.09 | 0.32 | 0.29 | 0.18 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2008 | Mar 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 527.00 | 581.00 | 630.00 | 653.00 | 1,399.00 | 1,049.00 | 1,261.00 | 1,152.00 | 972.00 | 936.00 | 289.00 | 287.00 |
| Expenses | 509.00 | 546.00 | 582.00 | 590.00 | 1,223.00 | 930.00 | 1,089.00 | 1,009.00 | 797.00 | 775.00 | 286.00 | 258.00 |
| Operating Profit | 18.00 | 35.00 | 49.00 | 63.00 | 176.00 | 119.00 | 172.00 | 143.00 | 175.00 | 161.00 | 3.00 | 29.00 |
| OPM % | 3.40 | 6.00 | 8.00 | 10.00 | 13.00 | 11.00 | 14.00 | 12.00 | 18.00 | 17.00 | 0.90 | 10.00 |
| Other Income | 21.00 | 3.00 | 8.00 | 8.00 | 18.00 | 0.00 | 2.00 | 3.00 | -1.00 | 1.00 | 27.00 | 21.00 |
| Interest | 8.00 | 11.00 | 12.00 | 10.00 | 23.00 | 41.00 | 46.00 | 34.00 | 25.00 | 26.00 | 15.00 | 14.00 |
| Depreciation | 31.00 | 31.00 | 28.00 | 26.00 | 58.00 | 67.00 | 63.00 | 35.00 | 32.00 | 29.00 | 9.00 | 8.00 |
| Profit before tax | 0.00 | -4.00 | 17.00 | 36.00 | 113.00 | 12.00 | 64.00 | 76.00 | 118.00 | 107.00 | 6.00 | 28.00 |
| Tax % | 714.00 | -7.00 | 27.00 | 26.00 | 23.00 | 30.00 | 26.00 | 36.00 | 33.00 | 33.00 | 44.00 | 37.00 |
| Net Profit | -1.00 | -3.00 | 12.00 | 26.00 | 86.00 | 8.00 | 48.00 | 49.00 | 78.00 | 72.00 | 3.00 | 18.00 |
| EPS in Rs | -0.04 | -0.24 | 0.87 | 1.91 | 7.19 | 0.69 | 3.97 | 4.06 | 6.52 | 5.96 | 0.35 | 1.90 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 23.00 | 22.00 | 14.00 | 15.00 | 86.00 | 26.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2008 | Mar 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 28.00 | 28.00 | 28.00 | 28.00 | 28.00 | 24.00 | 24.00 | 24.00 | 24.00 | 24.00 | 19.00 | 19.00 |
| Reserves | 535.00 | 537.00 | 525.00 | 506.00 | 481.00 | 614.00 | 604.00 | 588.00 | 548.00 | 478.00 | 113.00 | 107.00 |
| Borrowings | 15.00 | 48.00 | 35.00 | 45.00 | 49.00 | 140.00 | 288.00 | 357.00 | 283.00 | 156.00 | 113.00 | 112.00 |
| Other Liabilities | 114.00 | 122.00 | 131.00 | 151.00 | 174.00 | 392.00 | 344.00 | 147.00 | 146.00 | 106.00 | 63.00 | 62.00 |
| Total Liabilities | 692.00 | 734.00 | 719.00 | 729.00 | 732.00 | 1,170.00 | 1,260.00 | 1,115.00 | 1,002.00 | 764.00 | 308.00 | 300.00 |
| Fixed Assets | 389.00 | 415.00 | 392.00 | 399.00 | 361.00 | 568.00 | 585.00 | 409.00 | 357.00 | 354.00 | 124.00 | 118.00 |
| CWIP | 5.00 | 2.00 | 11.00 | 1.00 | 4.00 | 8.00 | 11.00 | 5.00 | 25.00 | 2.00 | 30.00 | 18.00 |
| Investments | 9.00 | 9.00 | 8.00 | 7.00 | 7.00 | 2.00 | 1.00 | 1.00 | 1.00 | 1.00 | 6.00 | 2.00 |
| Other Assets | 288.00 | 308.00 | 308.00 | 322.00 | 360.00 | 592.00 | 663.00 | 701.00 | 619.00 | 408.00 | 148.00 | 163.00 |
| Total Assets | 692.00 | 734.00 | 719.00 | 729.00 | 732.00 | 1,170.00 | 1,260.00 | 1,115.00 | 1,002.00 | 764.00 | 308.00 | 300.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 44.00 | 28.00 | 50.00 | 47.00 | -4.00 | 238.00 | 228.00 | 35.00 | -24.00 | 114.00 | 29.00 |
| Cash from Investing Activity | 10.00 | -29.00 | -25.00 | -53.00 | 55.00 | -41.00 | -63.00 | -67.00 | -59.00 | -36.00 | -19.00 |
| Cash from Financing Activity | -41.00 | 1.00 | -22.00 | -32.00 | -12.00 | -201.00 | -157.00 | 26.00 | 89.00 | -82.00 | -10.00 |
| Net Cash Flow | 13.00 | 1.00 | 3.00 | -39.00 | 39.00 | -3.00 | 8.00 | -6.00 | 6.00 | -5.00 | -1.00 |
| Free Cash Flow | 55.00 | -16.00 | 19.00 | -7.00 | 51.00 | 196.00 | 165.00 | -33.00 | -83.00 | 80.00 | 9.00 |
| CFO/OP % | 243.00 | 87.00 | 115.00 | 93.00 | -3.00 | 200.00 | 144.00 | 45.00 | 6.00 | 91.00 | 151.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2008 | Mar 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 48.00 | 42.00 | 46.00 | 48.00 | 15.00 | 28.00 | 41.00 | 49.00 | 50.00 | 26.00 | 39.00 | 45.00 |
| Inventory Days | 164.00 | 171.00 | 149.00 | 155.00 | 70.00 | 264.00 | 214.00 | 240.00 | 291.00 | 192.00 | 180.00 | 218.00 |
| Days Payable | 69.00 | 73.00 | 73.00 | 91.00 | 47.00 | 68.00 | 50.00 | 45.00 | 65.00 | 29.00 | 58.00 | 59.00 |
| Cash Conversion Cycle | 142.00 | 140.00 | 121.00 | 113.00 | 38.00 | 224.00 | 206.00 | 244.00 | 275.00 | 189.00 | 161.00 | 204.00 |
| Working Capital Days | 122.00 | 96.00 | 90.00 | 91.00 | 28.00 | 91.00 | 61.00 | 76.00 | 82.00 | 70.00 | 123.00 | 150.00 |
| ROCE % | -2.00 | 1.00 | 5.00 | 7.00 | 20.00 | 6.00 | 12.00 | 12.00 | 19.00 | — | 9.00 | 18.00 |
Corporate Actions
20 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Other | 29 Mar 2023 | 29 Mar 2023 | — | — | Spin Off |
| Other | 29 Mar 2023 | 29 Mar 2023 | — | — | Demerger |
| Dividend | 18 Feb 2020 | 20 Feb 2020 | — | 0.90 | |
| Dividend | 09 Sep 2019 | — | — | 0.90 | |
| Dividend | 17 Sep 2018 | — | — | 0.90 | |
| Dividend | 20 Sep 2017 | — | — | 0.90 | |
| Dividend | 21 Sep 2016 | — | — | 0.50 | |
| Dividend | 21 Sep 2015 | — | — | 0.50 | |
| Dividend | 11 Sep 2014 | — | — | 0.50 | |
| Dividend | 17 Sep 2013 | — | — | 0.50 | |
| Dividend | 17 Sep 2012 | — | — | 0.50 | |
| Dividend | 29 Aug 2011 | — | — | 0.50 | |
| Dividend | 17 Sep 2010 | — | — | 0.40 | |
| Dividend | 16 Sep 2009 | — | — | 0.20 | |
| Dividend | 15 Sep 2008 | — | — | 0.30 | |
| Dividend | 18 Sep 2007 | — | — | 0.50 | |
| Split | 24 Apr 2007 | 01 May 2007 | 10:2 | — | |
| Dividend | 12 Sep 2006 | — | — | 0.50 | |
| Dividend | 20 Sep 2005 | — | — | 0.40 | |
| Dividend | 20 Aug 2001 | — | — | 1.50 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update15 Jul from icra
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Rating update8 Apr from crisil
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Rating update3 Jun 2025 from icra
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Rating update9 Apr 2025 from crisil
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Rating update8 Oct 2024 from crisil
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Rating update10 Sep 2024 from icra