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Mihika Industries

538895 BSE
₹11.21

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P/E
160.14
View as Markdown
MCP
Close 4 Nov 2026 ₹11.21 −4.21 −27.3% 1Y
Start ₹15.42

Key Fundamentals

MicrocapCommercial ServicesServices

Price-based figures at the close · EPS basis: Standalone · TTM

ROCE
0.41%
Debt to Equity
0.01
EPS (TTM)
₹0.07
Book Value
₹21.97
Market Cap
—
P/E (TTM)
160.14
P/B
0.51
ROE
0.41%
Dividend Yield
0.00%
EBITDA
₹10.00 L
52W High
₹16.90
52W Low
₹7.11

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

Overall score

35 Poor

Data confidence 98/100

Category scores

Quality
18
Poor
Returns, margins, earnings quality 22% weight
Valuation
25
Poor
Cheap vs sector & own history 24% weight
Growth
3
Poor
Sales & profit trajectory 9% weight
Financial Health
75
Strong
Solvency, leverage, coverage 9% weight
Momentum
47
Average
Trend strength, vol-adjusted 12% weight
Ownership
50
Average
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

Strengths

2
  • Company is almost debt free.
  • Stock is trading at 0.54 times its book value

Weaknesses

3
  • 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.

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallStrong Bearish1261
OscillatorsBearish261
Moving AveragesStrong Bearish1000

Key readings

RSI (14)
46.77
Neutral
MACD (12,26,9)
0.04
Bearish
SMA (50)
11.39
Bearish
SMA (200)
12.37
Bearish

As of

Growth Rate

From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.

Revenue

Revenue growth by window
10Y+8.10%
5Y+8.53%
3YZero base
1Y−92.29%
TTM−95.95%

Net profit

Net profit growth by window
10Y+24.57%
5YTurned to profit
3YTurned to profit
1Y+80.00%
TTMTurned to profit

Operating cash flow

Operating cash flow growth by window
10YTurned negative
5YOutflow widened by ₹1.37 Cr
3YTurned negative
1YTurned negative
TTM—

TTM: Reported once a year, so there is no trailing-twelve-month figure.

Operating margin· change in pp

Operating margin growth by window
10Y+36.19 pp
5Y+62.06 pp
3YNo sales
1Y−16.87 pp
TTM−31.87 pp

Revenue by year

Revenue by year, ₹ crore
Mar 2017₹1.77 Cr
Mar 2018₹1.83 Cr
Mar 2019₹1.77 Cr
Mar 2020₹2.04 Cr
Mar 2021₹1.78 Cr
Mar 2022₹1.76 Cr
Mar 2023₹0.00 Cr
Mar 2024₹6.20 Cr
Mar 2025₹34.74 Cr
Mar 2026₹2.68 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2017₹0.11 Cr
Mar 2018−₹0.09 Cr
Mar 2019−₹0.35 Cr
Mar 2020−₹0.05 Cr
Mar 2021−₹0.16 Cr
Mar 2022−₹0.02 Cr
Mar 2023−₹2.42 Cr
Mar 2024₹0.18 Cr
Mar 2025₹0.05 Cr
Mar 2026₹0.09 Cr

Quarterly Results

₹ Cr
538895 quarterly results, ₹ crore
Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
0
0
0
6.2
0.08
6.34
0.55
27.77
1.66
0.35
0.22
0.45
0.45
Expenses
0.2
0.34
0.16
6.18
0.15
6.01
0.53
28.52
1.79
0.44
0.34
0.6
0.58
Operating Profit
−0.2
−0.34
−0.16
0.02
−0.07
0.33
0.02
−0.75
−0.13
−0.09
−0.12
−0.15
−0.13
OPM %
—
—
—
0.32%
−87.5%
5.21%
3.64%
−2.7%
−7.83%
−25.71%
−54.55%
−33.33%
−28.89%
Other Income
0.23
0.25
0.13
0.27
0.26
0.26
0.27
−0.2
0.15
0.15
0.14
0.14
0.14
Interest
0
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
0
PBT
0.03
−0.09
−0.03
0.29
0.19
0.59
0.29
−0.95
0.02
0.06
0.02
−0.01
0.01
Tax %
33.33%
0%
0%
0%
26.32%
25.42%
24.14%
−23.16%
50%
33.33%
50%
−300%
0%
Net Profit
0.03
−0.09
−0.03
0.29
0.14
0.44
0.21
−0.73
0.01
0.04
0.01
0.01
0.01
EPS (₹)
0.03
−0.09
−0.03
0.29
0.14
0.44
0.21
−0.73
0.01
0.04
0.01
0.01
0.01

Profit & Loss

₹ Cr
538895 profit and loss, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
1.11
1.23
1.77
1.83
1.77
2.04
1.78
1.76
0
6.2
34.74
2.68
1.47
Expenses
1.66
1.9
3.14
3.26
3.42
3.45
3.21
3.2
4.45
6.89
35.23
3.17
1.96
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
−0.49
OPM %
−49.55%
−54.47%
−77.4%
−78.14%
−93.22%
−69.12%
−80.34%
−81.82%
—
−11.13%
−1.41%
−18.28%
−33.33%
Other Income
0.57
0.69
1.5
1.3
1.21
1.34
1.21
1.42
1.21
0.88
0.6
0.58
0.57
Interest
0
0
0
0
0
0
0
0
0
0
0
0
0
Depreciation
0
0
0
0.01
0.01
0
0
0
0
0
0
0
0
PBT
0.02
0.02
0.13
−0.14
−0.45
−0.07
−0.22
−0.02
−3.24
0.19
0.11
0.09
0.08
Tax %
0%
50%
15.38%
−28.57%
−22.22%
−28.57%
−27.27%
0%
−25.62%
10.53%
54.55%
0%
—
Net Profit
0.02
0.01
0.11
−0.09
−0.35
−0.05
−0.16
−0.02
−2.42
0.18
0.05
0.09
0.07
EPS (₹)
0.02
0.01
0.11
−0.09
−0.35
−0.05
−0.16
−0.02
−2.42
0.18
0.05
0.09
0.07
Div. Payout %
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
—

Balance Sheet

₹ Cr
538895 balance sheet, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
10
10
10
10
10
10
10
10
10
10
10
10
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
Borrowings
0
0
0
0
0
0
0
0
0
0.01
0.16
0.16
Other Liabilities
0
0.01
0
0
0
0
0
0
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
Fixed Assets
0
0.01
0.01
0.01
0
0
0
0
0
0
0
0
CWIP
0
0
0
0
0
0
0
0
0
0
0
0
Investments
1.29
0.92
0.43
0.93
0.81
0.04
0.04
0.12
0.33
0
0
0
Other Assets
23.45
23.83
24.3
23.7
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 Flow

₹ Cr
538895 cash flow, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
3.76
0.6
−2.19
0.7
−2.37
−2.49
−1.51
0.2
0.48
−0.86
19.89
−2.88
Investing
−5.17
−2.15
1.85
0.79
1.33
2.11
1.52
−0.03
−0.27
0.33
−20.07
2.89
Financing
0.49
0.92
0
0
0
0
0
0
0
0
0.15
0
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
0.6
−2.2
0.7
−2.37
−2.49
−1.51
0.2
0.48
−0.86
19.89
−2.88
CFO/OP
−684
−90
158
−51
144
177
106
−14
−13
123
−4,065
588

Ratios

538895 financial ratios, annual
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
65.77
59.35
41.24
0
0
12.52
34.86
0
—
365
9.46
214
Inventory Days
6.46
0
0
0
0
0
0
0
—
0
0
291
Days Payable
0
—
—
—
—
—
—
—
—
—
—
3.78
Cash Conversion Cycle
72.23
59.35
41.24
0
0
12.52
34.86
0
—
365
9.46
501
Working Capital Days
7,353
6,935
4,990
4,396
4,693
4,267
4,841
4,838
—
1,220
7.99
528
ROCE %
−0.65%
0%
−1.66%
−0.73%
−1.14%
−0.33%
−1.41%
−0.42%
−13.91%
0.55%
0.5%
0.41%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Mihika Industries insights

59 extracted metrics across FY11–FY27.

Shareholding Pattern

As of Sep 2026

  • Promoters 47.14%
  • Public 31.79%
  • Others 21.07%

No promoter shares pledged as of 14 Oct 2026

Change vs previous quarter

Documents

Frequently Asked Questions about Mihika Industries

What does Mihika Industries Ltd do?
Incorporated in 1983, Mihika Industries Ltd does trading of commodities and fabrics.
Where is Mihika Industries Ltd (MIHIKA) listed?
Mihika Industries Ltd trades under code 538895 on the BSE.
Which sector does Mihika Industries Ltd belong to?
Mihika Industries Ltd is classified under the Commercial Services sector, in the Trading & Distributors industry.
What is the PE ratio of Mihika Industries Ltd?
Mihika Industries Ltd trades at a PE ratio of 160.14 as of 4 Nov 2026, on earnings per share of ₹0.07, against a book value of ₹21.97 per share.
What is the 52-week high and low of Mihika Industries Ltd?
Over the last 52 weeks Mihika Industries Ltd has traded between ₹7.11 and ₹16.9 as of 4 Nov 2026.
What is the Return on Equity (ROE) of Mihika Industries Ltd?
Mihika Industries Ltd reported a return on equity of 0.41%. Its debt-to-equity ratio is 0.01.

Company Information

Incorporated in 1983, Mihika Industries Ltd does trading of commodities and fabrics.

Website mihika.co.in
Listed 16 Jan 2015
Face Value ₹10

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