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1D
1W
1M
1Y
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5Y
Max
Open38.98
High38.98
Low38.06
Prev. Close38.29
Avg. Traded Price38.29
Volume1,34,688

MARKET DEPTH

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Total bid0.00
Total ask30.00
OrdersQtyBid
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000
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AskQtyOrders
38.29130
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HIGH/LOW

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1d
1w
1m
3m
52w

LOW/HIGH

38.067 hours ago
38.9811 hours ago
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LOWER/UPPER CIRCUITS

31.04
46.54
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Mirza International Ltd Stock performance
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KEY OBSERVATIONS

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positive
negative
neutral
notePrice to Earning Ratio,is 54.33, lower than its sector PE ratio of 73.02.
noteInterest Coverage Ratio,is 3.55, higher than 1.5. This means that it is able to meet its interest payments comfortably with its earnings (EBIT).
noteDebt to Equity Ratio,of 0.08 is less than 1 and healthy. This implies that its assets are financed mainly through equity.
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LONG-TERM PRICE ANALYSIS

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Stock return5Y CAGR : -4.84%
Net profit growth 5Y CAGR : -24.41%

About Mirza International Limited

Incorporated in 1979, Mirza International Limited is a leading Indian manufacturer of leather and leather footwear, serving both end users and resellers/traders across global markets. The company’s core activities are manufacturing and sale of footwear and the manufacturing of leather, with footwear accounting for the dominant share of activity. As per the latest reporting, manufacturing and sale of footwear contributed 89.01% of turnover, while manufacturing of leather contributed 9.91%. Mirza operates four manufacturing plants in India and maintains one domestic office and one overseas office, reflecting a footprint that spans five locations in India and 18 international locations.

Mirza’s capabilities include integrated manufacturing facilities spread over 3 million sq. ft., a design ecosystem that develops 5,000 designs annually, and an annual footwear manufacturing capacity of 5.1 million pairs. The portfolio features international brands such as Thomas Crick and Off the Hook London, alongside a diversified range of leather footwear offerings. The company has three subsidiaries (100% owned) as of the latest year.

Key Milestones of Mirza International Limited

Key milestones include repeated recognition by the Council for Leather Exports and the National Export Excellence Awards, with multiple 1st Place wins across categories in 2019–20, 2020–21, 2021–22 and 2023–24, underscoring Mirza’s sustained leadership in leather footwear and finished leather exports. The company reports that exports contributed 84.39% of total turnover in the latest year, highlighting its strong international orientation.

of Mirza International Limited Business Verticals and Geographical Presence

By vertical (Consolidated):

  • Footwear Division: 90.2% of revenue
  • Tannery Division: 9.7% of revenue

Domestic vs. international:

  • Domestic: 15.48% of revenue
  • International: 84.39% of turnover (exports)

Mirza operates four manufacturing plants in India and maintains one domestic office and one overseas office, reflecting a footprint that spans five locations in India and 18 international locations.

Mirza International Limited Business Segment

Effective the year ended March 31, 2025, the company shifted its reportable segments from geography-based (Export/Domestic) to business verticals—Footwear and Tannery. On a consolidated basis, Footwear contributed 90.2% of revenue and Tannery 9.7%. Geographically, India accounted for 15.48% of revenue, with exports at 84.39% of turnover. The company’s footwear brands include Thomas Crick and Off the Hook London, supported by integrated manufacturing and design capabilities.

Mirza International Limited Key Management

  • Tauseef Ahmad Mirza – Managing Director
  • Shahid Ahmad Mirza – Whole-time Director
  • Tasneef Ahmad Mirza – Whole-time Director
  • Faraz Mirza – Whole-time Director
  • Nirmal Sahijwani – Whole-time Director
  • V. T. Cherian – Chief Financial Officer
  • Harshita Nagar – Company Secretary & Compliance Officer

Latest Updates on Mirza International Limited

  • Segment realignment: Effective the year ended March 31, 2025, the company shifted its reportable segments from geography-based (Export/Domestic) to business verticals—Footwear and Tannery—to better reflect operational focus and decision-making by the CODM.
  • International e-commerce expansion: Mirza successfully launched its brands Thomas Crick and Off the Hook London on ASOS Europe. It also launched on NEXT.co.uk (UK’s third-largest online marketplace) and introduced Off the Hook Kids on Next, Debenhams and the brand’s website, supported by a new Shopify site to drive direct sales.
  • Brand traction: The company reported strong overseas momentum, including frequent restocking for Thomas Crick, and continued efforts in product diversification, market expansion, and improved inventory and supply chain management. Thomas Crick’s India launch in 2023 gained popularity, with initiatives aimed at boosting domestic revenue through a broader product mix and enhanced delivery timelines.
  • Awards and recognitions: Mirza received multiple top honours from the Council for Leather Exports and the National Export Excellence Awards in recent years, including several 1st Place awards for leather footwear and finished leather categories, as well as overall performance awards.
  • Subsidiary update: During the year, the company added a subsidiary, taking the total to three, reflecting continued portfolio development within the group structure.
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Frequently Asked Questions

Mirza International manufactures leather and leather footwear, with footwear forming the bulk of its business. The company serves both end users and reseller/trader channels in India and overseas markets.

Mirza runs four plants in India, with one domestic office and one international office, and serves five domestic and 18 international locations. In FY 2024-25, India accounted for 15.48% of revenue, with exports at 84.39% of turnover.

Under its updated reporting, Footwear contributed 90.2% of revenue and Tannery 9.7% on a consolidated basis. The company's footwear brands include Thomas Crick and Off the Hook London, supported by integrated manufacturing and design capabilities.