Mish Designs Ltd
Incorporated in 2017, Mish Designs Ltd is in the business of providing ladies garments[1]
- Market Cap ₹ 21.3 Cr.
- Current Price ₹ 66.9
- High / Low ₹ 221 / 53.2
- Stock P/E 23.9
- Book Value ₹ 56.3
- Dividend Yield 0.00 %
- ROCE 9.11 %
- ROE 6.06 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 1.19 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -4.38%
- Company has a low return on equity of 9.97% over last 3 years.
- Company has high debtors of 203 days.
- Working capital days have increased from 247 days to 349 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
Consumer Discretionary Textiles Textiles & Apparels Garments & Apparels
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|
0.62 | 3.93 | 4.20 | 7.29 | 11.05 | 13.13 | 17.92 | |
0.78 | 3.90 | 4.06 | 6.95 | 9.81 | 11.58 | 16.48 | |
Operating Profit | -0.16 | 0.03 | 0.14 | 0.34 | 1.24 | 1.55 | 1.44 |
OPM % | -25.81% | 0.76% | 3.33% | 4.66% | 11.22% | 11.81% | 8.04% |
0.00 | 0.00 | 0.00 | 0.01 | -0.07 | 0.04 | 0.09 | |
Interest | 0.00 | 0.00 | 0.04 | 0.17 | 0.36 | 0.41 | 0.29 |
Depreciation | 0.00 | 0.02 | 0.07 | 0.10 | 0.11 | 0.08 | 0.04 |
Profit before tax | -0.16 | 0.01 | 0.03 | 0.08 | 0.70 | 1.10 | 1.20 |
Tax % | -25.00% | 0.00% | 66.67% | 50.00% | 27.14% | 26.36% | 25.83% |
-0.12 | 0.01 | 0.00 | 0.05 | 0.51 | 0.81 | 0.89 | |
EPS in Rs | -12.00 | 1.00 | 0.00 | 2.00 | 2.55 | 2.89 | 2.80 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 35% |
3 Years: | 35% |
TTM: | 36% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 145% |
3 Years: | 161% |
TTM: | 10% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | -69% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 10% |
3 Years: | 10% |
Last Year: | 6% |
Balance Sheet
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|
Equity Capital | 0.10 | 0.10 | 0.25 | 0.25 | 2.00 | 2.80 | 3.18 |
Reserves | -0.15 | -0.15 | 0.27 | 0.32 | 0.18 | 8.64 | 14.74 |
0.52 | 0.88 | 1.08 | 2.31 | 3.00 | 1.85 | 1.49 | |
0.10 | 0.53 | 0.92 | 1.35 | 1.93 | 0.94 | 4.23 | |
Total Liabilities | 0.57 | 1.36 | 2.52 | 4.23 | 7.11 | 14.23 | 23.64 |
0.01 | 0.16 | 0.25 | 0.28 | 0.27 | 0.22 | 0.18 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
0.56 | 1.20 | 2.27 | 3.95 | 6.84 | 14.01 | 23.46 | |
Total Assets | 0.57 | 1.36 | 2.52 | 4.23 | 7.11 | 14.23 | 23.64 |
Cash Flows
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|
-0.09 | -0.58 | -0.88 | -1.18 | -6.25 | -5.00 | ||
-0.17 | -0.17 | -0.12 | -0.10 | -0.03 | -0.01 | ||
0.36 | 0.72 | 1.06 | 1.33 | 6.90 | 4.95 | ||
Net Cash Flow | 0.10 | -0.03 | 0.07 | 0.04 | 0.62 | -0.06 |
Ratios
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|
Debtor Days | 88.31 | 16.72 | 89.51 | 71.10 | 71.68 | 87.57 | 203.48 |
Inventory Days | 666.52 | 322.25 | 326.21 | 276.45 | 456.11 | 320.12 | |
Days Payable | 396.74 | 279.50 | 216.88 | 132.45 | 33.81 | 118.13 | |
Cash Conversion Cycle | 88.31 | 286.50 | 132.26 | 180.42 | 215.68 | 509.87 | 405.46 |
Working Capital Days | 235.48 | 47.37 | 15.64 | 38.05 | 90.84 | 300.78 | 348.71 |
ROCE % | 1.54% | 5.76% | 11.16% | 28.54% | 16.35% | 9.11% |
Documents
Announcements
-
Closure of Trading Window
2d - Trading window closed Oct 1, 2025 until 48 hours after un-audited H1 results ending Sep 30, 2025.
-
Announcement under Regulation 30 (LODR)-Change in Management
23 Sep - Ms. Ashima Chhatwal appointed Company Secretary & Compliance Officer effective Sep 23, 2025, replacing Ms. Muskan Kachhawaha.
-
Board Meeting Outcome for Outcome Of The Board Meeting Held On Tuesday, September 23, 2025
23 Sep - Mish Designs appointed Ashima Chhatwal as Company Secretary and Compliance Officer effective Sept 23, 2025.
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
16 Sep - Opened first flagship store at Seasons Mall, Pune on Sept 16, 2025; omnichannel expansion.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
8 Sep - Newspaper Clippings- Notice of 8th Annual General Meeting
Business Overview:[1]
a) MDL processes fabrics into garments under the brand name MISH, CURVES BY MISH in India.
b) It exports to the United Arab Emirates under the brand name ZOEY
c) The company offers a collection of over 1000 trendy designs under the categories of women's wear such as dresses, tops, co-ords, t-shirts, trousers and palazzos.