Mirza International Limited operates within the Men's footwear, except athletic sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Mirza International Limited with three other
shoe manufacturers in Asia:
Bata India Limited
sales of 24.74 billion Indian Rupees [US$381.04 million]
of which 101%
was Footwear & accessories),
Liberty Shoes Limited
(4.97 billion Indian Rupees [US$76.60 million]
of which 100%
was Footwear), and
Kingmaker Footwear Holdings Limited
based in Hong Kong
(1.83 billion Hong Kong Dollars [US$234.44 million]
During the year ended March of 2017, sales at
Mirza International Limited were 9.36 billion Indian Rupees (US$144.09 million).
a very small
increase of 1.1%
versus 2016, when the company's sales were 9.26 billion Indian Rupees.
This was the fifth consecutive year of sales increases at Mirza International Limited
(and since 2012, sales have increased a total of 84%).
Sales of Tannery Division saw an increase
that was more than double the company's growth rate: sales were up
97.4% in 2017, from
1.07 billion Indian Rupees to 2.11 billion Indian Rupees.
Mirza International Limited also saw significant increases in sales in
Shoes (up 3.0% to 8.44 billion Indian Rupees)
Not all segments of Mirza International Limited experienced an increase in sales in 2017:
sales of Unallocated fell 70.4% to 8.80 million Indian Rupees.
(However, this segment's sales were only a very small portion of the company's overall sales).