Mihika Industries Ltd
Incorporated in 1983, Mihika Industries Ltd does trading of commodities and fabrics.[1]
- Market Cap ₹ 14.1 Cr.
- Current Price ₹ 14.1
- High / Low ₹ 24.9 / 7.11
- Stock P/E 157
- Book Value ₹ 22.0
- Dividend Yield 0.00 %
- ROCE 0.41 %
- ROE 0.41 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.64 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 0.38% over last 3 years.
- Company has high debtors of 214 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Services Services Commercial Services & Supplies Trading & Distributors
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1.11 | 1.23 | 1.77 | 1.83 | 1.77 | 2.04 | 1.78 | 1.76 | -0.00 | 6.20 | 34.74 | 2.68 | |
| 1.66 | 1.90 | 3.14 | 3.26 | 3.42 | 3.45 | 3.21 | 3.20 | 4.45 | 6.89 | 35.23 | 3.17 | |
| Operating Profit | -0.55 | -0.67 | -1.37 | -1.43 | -1.65 | -1.41 | -1.43 | -1.44 | -4.45 | -0.69 | -0.49 | -0.49 |
| OPM % | -49.55% | -54.47% | -77.40% | -78.14% | -93.22% | -69.12% | -80.34% | -81.82% | -11.13% | -1.41% | -18.28% | |
| 0.57 | 0.69 | 1.50 | 1.30 | 1.21 | 1.34 | 1.21 | 1.42 | 1.21 | 0.88 | 0.60 | 0.58 | |
| Interest | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
| Depreciation | -0.00 | -0.00 | -0.00 | 0.01 | 0.01 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
| Profit before tax | 0.02 | 0.02 | 0.13 | -0.14 | -0.45 | -0.07 | -0.22 | -0.02 | -3.24 | 0.19 | 0.11 | 0.09 |
| Tax % | -0.00% | 50.00% | 15.38% | -28.57% | -22.22% | -28.57% | -27.27% | -0.00% | -25.62% | 10.53% | 54.55% | -0.00% |
| 0.02 | 0.01 | 0.11 | -0.09 | -0.35 | -0.05 | -0.16 | -0.02 | -2.42 | 0.18 | 0.05 | 0.09 | |
| EPS in Rs | 0.02 | 0.01 | 0.11 | -0.09 | -0.35 | -0.05 | -0.16 | -0.02 | -2.42 | 0.18 | 0.05 | 0.09 |
| Dividend Payout % | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 9% |
| 3 Years: | % |
| TTM: | -92% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 18% |
| 3 Years: | 27% |
| TTM: | 80% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -3% |
| 5 Years: | % |
| 3 Years: | -19% |
| 1 Year: | -42% |
| Return on Equity | |
|---|---|
| 10 Years: | -1% |
| 5 Years: | -2% |
| 3 Years: | 0% |
| Last Year: | 0% |
Balance Sheet
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Reserves | 14.74 | 14.75 | 14.74 | 14.64 | 14.29 | 14.25 | 14.09 | 14.07 | 11.65 | 11.83 | 11.88 | 11.97 |
| -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.01 | 0.16 | 0.16 | |
| -0.00 | 0.01 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.43 | 0.18 | 0.02 | 0.03 | |
| Total Liabilities | 24.74 | 24.76 | 24.74 | 24.64 | 24.29 | 24.25 | 24.09 | 24.07 | 22.08 | 22.02 | 22.06 | 22.16 |
| -0.00 | 0.01 | 0.01 | 0.01 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | |
| CWIP | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
| Investments | 1.29 | 0.92 | 0.43 | 0.93 | 0.81 | 0.04 | 0.04 | 0.12 | 0.33 | -0.00 | -0.00 | -0.00 |
| 23.45 | 23.83 | 24.30 | 23.70 | 23.48 | 24.21 | 24.05 | 23.95 | 21.75 | 22.02 | 22.06 | 22.16 | |
| Total Assets | 24.74 | 24.76 | 24.74 | 24.64 | 24.29 | 24.25 | 24.09 | 24.07 | 22.08 | 22.02 | 22.06 | 22.16 |
Cash Flows
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3.76 | 0.60 | -2.19 | 0.70 | -2.37 | -2.49 | -1.51 | 0.20 | 0.48 | -0.86 | 19.89 | -2.40 | |
| -5.17 | -2.15 | 1.85 | 0.79 | 1.33 | 2.11 | 1.52 | -0.03 | -0.27 | 0.33 | -20.07 | 2.90 | |
| 0.49 | 0.92 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.15 | -0.49 | |
| Net Cash Flow | -0.92 | -0.63 | -0.35 | 1.49 | -1.04 | -0.38 | 0.02 | 0.17 | 0.21 | -0.53 | -0.02 | 0.01 |
| Free Cash Flow | 3.76 | 0.60 | -2.20 | 0.70 | -2.37 | -2.49 | -1.51 | 0.20 | 0.48 | -0.86 | 19.89 | -2.40 |
| CFO/OP | -684% | -90% | 158% | -51% | 144% | 177% | 106% | -14% | -13% | 123% | -4,065% | 490% |
Ratios
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 65.77 | 59.35 | 41.24 | -0.00 | -0.00 | 12.52 | 34.86 | -0.00 | 365.00 | 9.46 | 213.82 | |
| Inventory Days | 6.46 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 290.74 | |
| Days Payable | -0.00 | 3.78 | ||||||||||
| Cash Conversion Cycle | 72.23 | 59.35 | 41.24 | -0.00 | -0.00 | 12.52 | 34.86 | -0.00 | 365.00 | 9.46 | 500.79 | |
| Working Capital Days | 7,352.61 | 6,935.00 | 4,990.40 | 4,395.96 | 4,693.45 | 4,267.28 | 4,841.38 | 4,838.32 | 1,219.81 | 7.88 | 528.43 | |
| ROCE % | -0.65% | -0.00% | -1.66% | -0.73% | -1.14% | -0.33% | -1.41% | -0.42% | -13.91% | 0.55% | 0.50% | 0.41% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory Balance (End of Year) Rs. Lakhs |
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| Net Capital Turnover Ratio Numerical |
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| Sales Volume - Fabrics Mtrs. |
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| Sales Volume - Jute Goods M.T. |
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| Trade Receivables Turnover Ratio Numerical |
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Extracted by Screener AI
Documents
Announcements
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Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
1d - Mihika Industries says it is not a Large Corporate; outstanding borrowing was 0.16 crore on 31 March 2026.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 29 May
-
Outcome Of Board Meeting Held Today I.E. Wednesday, 27Th May, 2026
27 May - Board approved FY26 audited results and appointed Jay Pandya & Associates as secretarial auditor.
-
Integrated Filing (Finance) For The Quarter And Year Ended On 31St March, 2026.
27 May - Mihika Industries filed FY26 audited results on 27 May 2026; auditor issued unmodified opinion.
- Outcome Of Board Meeting Held Today I.E. Wednesday, 27Th May, 2026 27 May
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Business Overview:[1]
MIL is in the business of trading and distribution of agricultural goods & Agri Materials, Fabrics,
Commodity, etc.