---
title: "Mishka Finance & Trading Ltd (512191) — Share Price, Financials & Analysis"
symbol: "512191"
company: "Mishka Finance & Trading Ltd"
canonical: "https://tapetide.com/stocks/512191"
isin: "INE231N01024"
bse_code: "512191"
sector: "Financial Services"
industry: "Finance"
generated_at: "2026-09-13T18:58:32.907Z"
---

# Mishka Finance & Trading Ltd (512191)

Canonical page: https://tapetide.com/stocks/512191

## Company

- **BSE Code:** 512191
- **ISIN:** INE231N01024
- **Sector:** Financial Services
- **Industry:** Finance
- **Macro Sector:** Financial Services
- **Stock Type:** EQUITY
- **Listed Since:** 2013-02-14
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** mishkafinance.com

## About

Mishka Finance and Trading Limited. The Company is engaged in the financial service and trading business primarily in India. The Company deals in shares and securities, export and import, retailers, buyers, sellers brokers, buying agents, packers, re packers, commission agents, factors, stockiest and agents traders.

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.

### Weaknesses

- Stock is trading at 5.69 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -50.4% over past five years.
- Company has a low return on equity of 1.13% over last 3 years.
- Company has high debtors of 3,176 days.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 23% | -2% | 3% |
| revenue growth | -100% | -70% | -50% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 1.62 | 1.77 | 1.34 | 0.23 | 0.13 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 1.59 | 1.69 | 1.32 | 0.29 | 0.18 | 0.04 | 0.17 | 0.05 | 0.1 | 0.05 | 0.11 | 0.05 |
| Operating Profit | 0.03 | 0.08 | 0.02 | -0.06 | -0.05 | -0.04 | -0.17 | -0.05 | -0.1 | -0.05 | -0.11 | -0.05 |
| OPM % | 1.85 | 4.52 | 1.49 | -26.09 | -38.46 | — | — | — | — | — | — | — |
| Other Income | 0 | 0 | 0 | 0.08 | 0.07 | 0.06 | 0.3 | 0.08 | 0.16 | 0.13 | 0.14 | 0.09 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0.03 | 0.08 | 0.02 | 0.02 | 0.02 | 0.02 | 0.13 | 0.03 | 0.06 | 0.08 | 0.03 | 0.04 |
| Tax % | 33.33 | 37.5 | 50 | 50 | 50 | 50 | 30.77 | 33.33 | 33.33 | 25 | 33.33 | 25 |
| Net Profit | 0.02 | 0.06 | 0.01 | 0.01 | 0.01 | 0.01 | 0.09 | 0.02 | 0.05 | 0.06 | 0.02 | 0.03 |
| EPS in Rs | 0 | 0.01 | 0 | 0 | 0 | 0 | 0.01 | 0 | 0 | 0.01 | 0 | 0 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0 | 16.67 | 27.53 | 18.88 | 6.67 | 0.36 | 0.5 | 0 |
| Expenses | 0 | 0 | 0.12 | 16.49 | 26.95 | 18.66 | 6.49 | 0.68 | 0.31 | 0.31 |
| Operating Profit | 0 | 0 | -0.12 | 0.18 | 0.58 | 0.22 | 0.18 | -0.32 | 0.19 | -0.31 |
| OPM % | — | — | — | 1.08 | 2.11 | 1.17 | 2.7 | -88.89 | 38 | — |
| Other Income | 0 | 0 | 0 | 0 | 0 | -0.01 | 0 | 0.51 | 0 | 0.52 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 0 | -0.12 | 0.18 | 0.58 | 0.21 | 0.18 | 0.19 | 0.19 | 0.21 |
| Tax % | — | — | 0 | 27.78 | 27.59 | 33.33 | 33.33 | 31.58 | 26.32 | — |
| Net Profit | 0 | 0 | -0.12 | 0.12 | 0.42 | 0.14 | 0.13 | 0.13 | 0.14 | 0.16 |
| EPS in Rs | — | — | — | 0.01 | 0.04 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Dividend Payout % | — | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2008 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.5 | 0.5 | 0.5 | 0.5 | 10.33 | 10.33 | 10.33 | 10.33 | 10.33 | 10.33 |
| Reserves | 3.85 | 3.85 | 3.85 | 3.73 | 0.65 | 1.11 | 1.23 | 1.36 | 1.49 | 1.63 |
| Borrowings | 0.01 | 0.01 | 0.01 | 0.57 | 4.27 | 3.82 | 0.07 | 0 | 0 | 0 |
| Other Liabilities | 0.11 | 0.11 | 0.11 | 0.12 | 2.66 | 3.73 | 2.61 | 0.08 | 0.15 | 0.2 |
| Total Liabilities | 4.47 | 4.47 | 4.47 | 4.92 | 17.91 | 18.99 | 14.24 | 11.77 | 11.97 | 12.16 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 4.02 | 4.02 | 4.02 | 4.52 | 0.5 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 0.45 | 0.45 | 0.45 | 0.4 | 17.41 | 18.99 | 14.24 | 11.77 | 11.97 | 12.16 |
| Total Assets | 4.47 | 4.47 | 4.47 | 4.92 | 17.91 | 18.99 | 14.24 | 11.77 | 11.97 | 12.16 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2008 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0.7 | — | 0 | 0.5 | -14.44 | -0.44 | 0.22 | -0.97 | 0 | 0 |
| Cash from Investing Activity | 0 | — | 0 | -0.5 | 4.24 | 0.92 | 3.53 | 0.84 | 0 | 0 |
| Cash from Financing Activity | -0.7 | — | 0 | 0 | 10.45 | -0.45 | -3.76 | -0.07 | 0 | 0 |
| Net Cash Flow | 0 | — | 0 | 0 | 0.25 | 0.03 | 0 | -0.2 | 0 | 0 |
| Free Cash Flow | 0.7 | — | 0 | 0.5 | -14.44 | -0.44 | 0.22 | -0.97 | 0 | 0 |
| CFO/OP | — | — | — | -417 | -8006 | -52 | 150 | -517 | 0 | 0 |

### Ratios

| Item | Mar 2008 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | — | — | — | — | 71.82 | 97.45 | 133.78 | 228.19 | 4410.42 | 3175.5 |
| Inventory Days | — | — | — | — | 74.34 | 24.54 | 8.67 | 0 | 0 | — |
| Days Payable | — | — | — | — | 57.55 | 48.27 | 50.06 | — | — | — |
| Cash Conversion Cycle | — | — | — | — | 88.61 | 73.72 | 92.39 | 228.19 | 4410.42 | 3175.5 |
| Working Capital Days | — | — | — | — | 225.52 | 133.78 | 154.66 | 474.99 | 9713.06 | 7095.6 |
| ROCE % | 0 | — | 0 | -2.62 | 1.8 | 3.8 | 1.64 | 1.54 | 1.62 | 1.6 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Jun 2018 |
| --- | --- | --- | --- |
| Promoters | 5.11% | 5.11% | 5.11% |
| Public | 94.89% | 94.89% | 94.89% |
| No. of Shareholders | 662 | 662 | 660 |

### Quarterly

| Category | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 5.11% | 5.11% | 5.11% | 5.11% | 5.11% | 5.11% | 5.11% | 5.11% | 5.11% |
| Public | 94.89% | 94.89% | 94.89% | 94.89% | 94.89% | 94.89% | 94.89% | 94.89% | 94.89% |
| No. of Shareholders | 664 | 661 | 661 | 662 | 663 | 663 | 663 | 662 | 660 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 7 / 1 / 11

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 7.2 | Sell |
| EMA (10) | 7.25 | Sell |
| SMA (20) | 7.98 | Sell |
| EMA (20) | 8.4 | Sell |
| SMA (50) | 13.2 | Sell |
| EMA (50) | 13.93 | Sell |
| SMA (100) | 25.56 | Sell |
| EMA (100) | 22.65 | Sell |
| SMA (200) | 39.62 | Sell |
| EMA (200) | 29.79 | Sell |

### Oscillators — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 1.23 | Buy |
| MACD (12,26,9) | -1.91 | Buy |
| Stochastic (14,3,3) | 0 | Buy |
| ADX (14) | 93.86 | Buy |
| Williams %R (14) | -100 | Buy |
| ATR (14) | 0.24 | High Volatility |
| ROC (12) | -20.89 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 0 | Buy |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 Jan - Depositories and Participants) Regulations, 2018, please find attached the Compliance Certificate for the quarter (Q3) ended 31st December, 2025, issued by Registrar and Share Transfer … | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Jan - Depositories and Participants) Regulations, 2018, please find attached the Compliance Certificate for the quarter (Q3) ended 31st December, 2025, issued by Registrar and Share Transfer …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/128fa65e-e341-41de-be58-684c3ec0783b.pdf) |
| 30 Jan - Board meeting 13 Feb 2026 to approve Q3/9M unaudited results; trading window closed Jan 1 until 48 hours post-results | [Board Meeting Intimation for Consideration And Approval Of Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter (Q3) And Nine Months Ended 31St December, 2025 30 Jan - Board meeting 13 Feb 2026 to approve Q3/9M unaudited results; trading window closed Jan 1 until 48 hours post-results](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f5bb05ad-65bd-4886-be89-085708c0d250.pdf) |
| 13 Feb - Q3/9M results approved; auditor qualified—GJS PBG Rs.350 lakh forfeited; potential impairment ~Rs.1260.25 lakh. | [Board Meeting Outcome for Approval Of Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter (Q3) And Nine Months Ended 31St December, 2025 13 Feb - Q3/9M results approved; auditor qualified—GJS PBG Rs.350 lakh forfeited; potential impairment ~Rs.1260.25 lakh.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a339a11c-e227-442f-9e42-1ab57bfc4eae.pdf) |
| 13 Feb - Q3/9M FY26 results approved; auditor qualified over GJS exposure (~Rs1,260.25L impact) and Novak goodwill impairment Rs6,213.06L. | [Unaudited Standalone And Consolidated Financial Results For Quarter (Q3) And Nine Months Ended 31St December, 2025 13 Feb - Q3/9M FY26 results approved; auditor qualified over GJS exposure (~Rs1,260.25L impact) and Novak goodwill impairment Rs6,213.06L.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e3c16ee1-9c88-4dba-8a66-e6aadfc94110.pdf) |
| — | [Closure of Trading Window 24 Dec 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/253e4076-184b-4381-98d2-1abed15d0c14.pdf) |
| — | [Outcome of Board Meeting 6 Sep 2019](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ad8b91eb-4805-4f26-a7a4-0ceb7c65f129.pdf) |
| — | [Closure of Trading Window 6 Sep 2019](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9b07c1ca-cc2a-4e21-9ff2-fdff78bf1fc4.pdf) |
| — | [Reg. 34 (1) Annual Report 6 Sep 2019](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=55b9fcba-5297-40d0-ba9d-3a8baaeeb781.pdf) |
| — | [Outcome of Board Meeting 6 Sep 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ad8b91eb-4805-4f26-a7a4-0ceb7c65f129.pdf) |
| — | [Closure of Trading Window 6 Sep 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9b07c1ca-cc2a-4e21-9ff2-fdff78bf1fc4.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2013 from nse](https://archives.nseindia.com/annual_reports/AR_540_AHLEAST_2012_2013_16072013134304.zip) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/663db6fa-5e0a-4d11-96b3-70c40ebc0bf4.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6f3e5b27-af48-45a3-8f2f-a6c36c96eaae.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bd56a3f7-7360-42fc-ab56-395dbaaf1bb4.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/533227/75717533227.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/533227/69962533227_04_09_21.pdf) |
| from bse | [Financial Year 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/533227/66122533227.pdf) |
| from bse | [Financial Year 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/533227/5332270319.pdf) |
| from bse | [Financial Year 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/533227/5332270318.pdf) |
| from bse | [Financial Year 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/533227/5332270317.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:58:32.907Z.