Mish Designs Ltd
Incorporated in 2017, Mish Designs Ltd is in the business of providing ladies garments[1]
- Market Cap ₹ 11.6 Cr.
- Current Price ₹ 36.3
- High / Low ₹ 95.4 / 32.6
- Stock P/E 14.3
- Book Value ₹ 56.9
- Dividend Yield 0.00 %
- ROCE 9.11 %
- ROE 6.06 %
- Face Value ₹ 10.0
Pros
- 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 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 | TTM | |
|---|---|---|---|---|---|---|---|---|
| 0.62 | 3.93 | 4.20 | 7.29 | 11.05 | 13.13 | 17.92 | 17.95 | |
| 0.78 | 3.90 | 4.06 | 6.95 | 9.81 | 11.58 | 16.48 | 16.66 | |
| Operating Profit | -0.16 | 0.03 | 0.14 | 0.34 | 1.24 | 1.55 | 1.44 | 1.29 |
| OPM % | -25.81% | 0.76% | 3.33% | 4.66% | 11.22% | 11.81% | 8.04% | 7.19% |
| 0.00 | 0.00 | 0.00 | 0.01 | -0.07 | 0.04 | 0.09 | 0.09 | |
| Interest | 0.00 | 0.00 | 0.04 | 0.17 | 0.36 | 0.41 | 0.29 | 0.29 |
| Depreciation | 0.00 | 0.02 | 0.07 | 0.10 | 0.11 | 0.08 | 0.04 | 0.02 |
| Profit before tax | -0.16 | 0.01 | 0.03 | 0.08 | 0.70 | 1.10 | 1.20 | 1.07 |
| 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 | 0.81 | |
| EPS in Rs | -12.00 | 1.00 | 0.00 | 2.00 | 2.55 | 2.89 | 2.80 | 2.55 |
| 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: | 20% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 145% |
| 3 Years: | 161% |
| TTM: | -1% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -58% |
| 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 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.10 | 0.10 | 0.25 | 0.25 | 2.00 | 2.80 | 3.18 | 3.18 |
| Reserves | -0.15 | -0.15 | 0.27 | 0.32 | 0.18 | 8.64 | 14.74 | 14.92 |
| 0.52 | 0.88 | 1.08 | 2.31 | 3.00 | 1.85 | 1.49 | 2.70 | |
| 0.10 | 0.53 | 0.92 | 1.35 | 1.93 | 0.94 | 4.23 | 4.93 | |
| Total Liabilities | 0.57 | 1.36 | 2.52 | 4.23 | 7.11 | 14.23 | 23.64 | 25.73 |
| 0.01 | 0.16 | 0.25 | 0.28 | 0.27 | 0.22 | 0.18 | 0.24 | |
| CWIP | 0.00 | 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 | 0.00 |
| 0.56 | 1.20 | 2.27 | 3.95 | 6.84 | 14.01 | 23.46 | 25.49 | |
| Total Assets | 0.57 | 1.36 | 2.52 | 4.23 | 7.11 | 14.23 | 23.64 | 25.73 |
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 | |
| Free Cash Flow | -0.26 | -0.75 | -1.00 | -1.28 | -6.28 | -5.01 | |
| CFO/OP | -300% | -400% | -247% | -79% | -385% | -326% |
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% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Revenue from Operations - Domestic INR Lakhs |
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| Revenue from Operations - Export INR Lakhs |
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| Trade Receivables Turnover Ratio Times |
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| Manufacturing Unit Size Sq. Ft. |
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| Number of Designs Count |
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| Products Sold Online (Cumulative) Units |
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| Total Permanent Employees Count |
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| Planned Franchisee Stores Count |
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| Revenue CAGR (since 2018) % |
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Extracted by Screener AI
Documents
Announcements
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Board Meeting Intimation for Consideration And Approval Of Audited Financial Results For Half Year And Year Ended March 31, 2026.
20 May - Board meets May 27, 2026 to approve audited FY26 and half-year results.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
14 May - Newspaper Clippings- Notice of 1st Extra Ordinary General Meeting
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Notice Of Extra Ordinary General Meeting (EGM) To Be Held On Friday, June 05, 2026
13 May - EOGM on June 5, 2026 to approve Rs 2.90 crore preferential issue, warrants, and director changes.
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Announcement under Regulation 30 (LODR)-Issue of Securities
8 May - Board approved ₹3.9 crore authorized capital, 2,63,160 shares and 2,45,615 warrants preferential issue.
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Announcement under Regulation 30 (LODR)-Raising of Funds
8 May - Board approves authorised capital hike to Rs 3.9 crore and preferential issue of 2,63,160 shares plus 2,45,615 warrants.
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.