Mish Designs Ltd
Incorporated in 2017, Mish Designs Ltd is in the business of providing ladies garments[1]
- Market Cap ₹ 21.5 Cr.
- Current Price ₹ 67.6
- High / Low ₹ 265 / 53.2
- Stock P/E 24.2
- Book Value ₹ 56.3
- Dividend Yield 0.00 %
- ROCE 9.05 %
- ROE 6.06 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 1.20 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 202 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 | 18.01 | |
0.78 | 3.90 | 4.06 | 6.95 | 9.81 | 11.58 | 16.58 | |
Operating Profit | -0.16 | 0.03 | 0.14 | 0.34 | 1.24 | 1.55 | 1.43 |
OPM % | -25.81% | 0.76% | 3.33% | 4.66% | 11.22% | 11.81% | 7.94% |
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 | 0.28 |
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: | 36% |
3 Years: | 35% |
TTM: | 37% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 145% |
3 Years: | 161% |
TTM: | 10% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | -71% |
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 | 4.22 | |
Total Liabilities | 0.57 | 1.36 | 2.52 | 4.23 | 7.11 | 14.23 | 23.63 |
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 | 23.45 | |
Total Assets | 0.57 | 1.36 | 2.52 | 4.23 | 7.11 | 14.23 | 23.63 |
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 | 202.46 |
Inventory Days | 666.52 | 322.25 | 326.21 | 276.45 | 456.11 | 313.95 | |
Days Payable | 396.74 | 279.50 | 216.88 | 132.45 | 33.81 | 115.86 | |
Cash Conversion Cycle | 88.31 | 286.50 | 132.26 | 180.42 | 215.68 | 509.87 | 400.55 |
Working Capital Days | 235.48 | 47.37 | 109.50 | 124.67 | 156.57 | 342.20 | 376.55 |
ROCE % | 1.54% | 5.76% | 11.16% | 28.54% | 16.35% | 9.05% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
16 Jul - Mish Designs opens first flagship store at Seasons Mall, Pune, expanding from digital to physical retail.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
15 Jul - Compliance certificate under Reg 74(5) of SEBI (DP) Regulations, 2028 for quarter ended June 30, 2025
-
Statement Of Deviation(S) Or Variation(S) For The Year Ended March 31, 2025 Under Regulation 32 Of SEBI (LODR) Regulations, 2015
26 May - No deviation in use of IPO and preferential issue funds for year ended March 31, 2025.
-
Board Meeting Outcome for Outcome Of Board Meeting Held On Monday, May 26, 2025
26 May - Audited FY25 financial results approved; internal and secretarial auditors appointed for FY26-27.
- Results For The Financial Year Ended March 31, 2025 26 May
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.