Mahip Industries
Key Fundamentals
SMEIndustrial ProductsCapital GoodsPrice-based figures · TTM
- ROCE
- —
- Debt to Equity
- Not meaningful: shareholders’ equity is negative
- EPS (TTM)
- ₹8.50
- Book Value
- −₹3.82
- Market Cap
- —
- P/E (TTM)
- —
- P/B
- —
- ROE
- Not meaningful: shareholders’ equity is negative
- Dividend Yield
- 0.00%
- EBITDA
- −₹18.20 Cr
- 52W High
- —
- 52W Low
- —
Key Insights
No strengths listed
Weaknesses
3- Earnings include an other income of Rs.1.33 Cr.
- Company has high debtors of 222 days.
- Working capital days have increased from -19.9 days to 129 days
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Bearish | 9 | 6 | 4 |
| Oscillators | Bullish | 0 | 6 | 3 |
| Moving Averages | Strong Bearish | 9 | 0 | 1 |
Oscillators
Bullish
Overall
Bearish
Moving Averages
Strong Bearish
Key readings
- RSI (14)
- 39.07
- Neutral
- MACD (12,26,9)
- −1.00
- Bullish
- SMA (50)
- 20.48
- Bearish
- SMA (200)
- 12.19
- Bullish
As of , the latest day with price data, so these readings are not current.
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.
Revenue
| 10Y | Irregular period |
|---|---|
| 5Y | +5.09% |
| 3Y | Turned positive |
| 1Y | +49.43% |
Net profit
| 10Y | Irregular period |
|---|---|
| 5Y | Turned to profit |
| 3Y | Turned to profit |
| 1Y | Tiny base |
Operating cash flow
| 10Y | Irregular period |
|---|---|
| 5Y | Turned negative |
| 3Y | Turned negative |
| 1Y | Outflow widened by ₹0.68 Cr |
Operating margin· change in pp
| 10Y | Irregular period |
|---|---|
| 5Y | +272.74 pp |
| 3Y | No sales |
| 1Y | +35.38 pp |
Trailing twelve months: Results are not reported for each of the last eight quarters, so there is no trailing-twelve-month figure.
Revenue by year
| Mar 2015 | ₹92.71 Cr |
|---|---|
| Mar 2018 | ₹140 Cr |
| Mar 2019 | ₹136 Cr |
| Mar 2020 | ₹20.78 Cr |
| Mar 2021 | ₹7.10 Cr |
| Mar 2022 | ₹2.58 Cr |
| Mar 2023 | −₹2.07 Cr |
| Mar 2024 | ₹3.64 Cr |
| Mar 2025 | ₹6.09 Cr |
| Mar 2026 | ₹9.10 Cr |
Net profit by year
| Mar 2015 | ₹0.94 Cr |
|---|---|
| Mar 2018 | ₹5.60 Cr |
| Mar 2019 | ₹0.50 Cr |
| Mar 2020 | −₹8.14 Cr |
| Mar 2021 | −₹18.43 Cr |
| Mar 2022 | −₹18.70 Cr |
| Mar 2023 | −₹3.04 Cr |
| Mar 2024 | −₹2.22 Cr |
| Mar 2025 | ₹0.08 Cr |
| Mar 2026 | ₹2.80 Cr |
Half-yearly Results
₹ Cr| Particulars | Mar 2020 | Sep 2020 | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3.34 | 20.77 | −13.66 | 0.04 | 2.77 | −2.07 | 0 | 3.64 | 0 | 0.2 | 6.03 | 7.18 | 1.93 |
| Expenses | 6.33 | 8.74 | 16.33 | 4.83 | 18.65 | 0.83 | 0.37 | 3.98 | 2.95 | 0.68 | 6.51 | 5.45 | 1.86 |
| Operating Profit | −2.99 | 12.03 | −29.99 | −4.79 | −15.88 | −2.9 | −0.37 | −0.34 | −2.95 | −0.48 | −0.48 | 1.73 | 0.07 |
| OPM % | −89.52% | 57.92% | — | Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number. | −573.29% | — | — | −9.34% | — | −240% | −7.96% | 24.09% | 3.63% |
| Other Income | 2.47 | 0.26 | 1.01 | 2.13 | 0.33 | 0.43 | 0.29 | 0.38 | 2.3 | 0.98 | 0.46 | 0.95 | 0.38 |
| Interest | 1.15 | 0.01 | 0.11 | 0 | 0.24 | 0 | 0.29 | 0.52 | 0.84 | 0 | 0.13 | 0 | 0.05 |
| Depreciation | 1.66 | 8.28 | −6.66 | 0.13 | 0.13 | 0.1 | 0.1 | 0.11 | 0.14 | 0.12 | 0.16 | 0.13 | 0.14 |
| PBT | −3.33 | 4 | −22.43 | −2.79 | −15.92 | −2.57 | −0.47 | −0.59 | −1.63 | 0.38 | −0.31 | 2.55 | 0.26 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Profit | −3.32 | 4 | −22.43 | −2.79 | −15.92 | −2.57 | −0.47 | −0.6 | −1.63 | 0.39 | −0.3 | 2.54 | 0.26 |
| EPS (₹) | −1.73 | 2.08 | −11.66 | −1.45 | −8.27 | −1.34 | −0.24 | −0.31 | −0.85 | 0.2 | −0.16 | 1.32 | 0.14 |
Profit & Loss
₹ Cr| Particulars | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 86.78 | 92.64 | 92.71 | 140 | 136 | 20.78 | 7.1 | 2.58 | −2.07 | 3.64 | 6.09 | 9.1 |
| Expenses | 82.08 | 87.06 | 86.39 | 129 | 129 | 26.95 | 25.06 | 23.35 | 1.16 | 6.79 | 7.04 | 7.3 |
| Operating Profit | 4.7 | 5.58 | 6.32 | 11.27 | 6.42 | −6.17 | −17.96 | −20.77 | −3.23 | −3.15 | −0.95 | 1.8 |
| OPM % | 5.42% | 6.02% | 6.82% | 8.04% | 4.74% | −29.69% | −252.96% | −805.04% | — | −86.54% | −15.6% | 19.78% |
| Other Income | 0.29 | 0.22 | 0.41 | 0.51 | 0.29 | 2.97 | 1.26 | 2.56 | 0.69 | 2.54 | 1.44 | 1.33 |
| Interest | 2.69 | 3.22 | 3.94 | 4.43 | 4.79 | 3.28 | 0.12 | 0.24 | 0.3 | 1.36 | 0.13 | 0.05 |
| Depreciation | 1.07 | 1.09 | 1.41 | 0.05 | 1.42 | 1.66 | 1.62 | 0.25 | 0.2 | 0.25 | 0.28 | 0.27 |
| PBT | 1.23 | 1.49 | 1.38 | 7.3 | 0.5 | −8.14 | −18.44 | −18.7 | −3.04 | −2.22 | 0.08 | 2.81 |
| Tax % | 20.33% | 30.87% | 31.88% | 23.29% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Profit | 0.98 | 1.03 | 0.94 | 5.6 | 0.5 | −8.14 | −18.43 | −18.7 | −3.04 | −2.22 | 0.08 | 2.8 |
| EPS (₹) | 1.02 | 1.07 | 0.71 | 4 | 0.26 | −4.23 | −9.58 | −9.72 | −1.58 | −1.15 | 0.04 | 1.46 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
₹ Cr| Particulars | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.8 | 0.8 | 1.1 | 7.02 | 19.24 | 19.24 | 19.24 | 19.24 | 19.24 | 19.24 | 19.24 | 19.24 |
| Reserves | 9.29 | 10.14 | 12.3 | 16.03 | 20.97 | 12.83 | −5.71 | −24.41 | −27.45 | −29.47 | −29.39 | −26.58 |
| Borrowings | 21.86 | 29.2 | 34.41 | 36.42 | 38.58 | 38.29 | 34.19 | 34.05 | 32.47 | 8.78 | 7.05 | 7.07 |
| Other Liabilities | 6.2 | 2.12 | 2.73 | 6.91 | 6.78 | 26.98 | 13.14 | 4.82 | 9.01 | 20.82 | 12.19 | 10.74 |
| Total Liabilities | 38.15 | 42.26 | 50.54 | 66.38 | 85.57 | 97.34 | 60.86 | 33.7 | 33.27 | 19.37 | 9.09 | 10.47 |
| Fixed Assets | 8.79 | 8.25 | 14.43 | 20.19 | 18.8 | 17.28 | 15.9 | 1.97 | 1.68 | 1.35 | 1.53 | 1.4 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0.25 | 0.25 | 0.43 | 0.4 | 0.4 | 0.42 | 0.19 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 29.11 | 33.76 | 35.68 | 45.79 | 66.37 | 79.64 | 44.77 | 31.73 | 31.59 | 18.02 | 7.56 | 9.07 |
| Total Assets | 38.15 | 42.26 | 50.54 | 66.38 | 85.57 | 97.34 | 60.86 | 33.7 | 33.27 | 19.37 | 9.09 | 10.47 |
Cash Flow
₹ Cr| Particulars | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 0 | 6.96 | 4.57 | 5.71 | −10 | 6.45 | 10.83 | −2.05 | 2.12 | −21.16 | −0.2 | −0.88 |
| Investing | 0 | −2.34 | −6.5 | −7.35 | −1.78 | −4.22 | −6.91 | 2.3 | −0.5 | 23.86 | 1.83 | 0.88 |
| Financing | 0 | −4.42 | 1.73 | 2.5 | 11.57 | −3.08 | −4.29 | −0.1 | −1.62 | −2.6 | −1.86 | −0.03 |
| Net Cash Flow | 0 | 0.2 | −0.19 | 0.85 | −0.2 | −0.85 | −0.38 | 0.14 | 0.01 | 0.1 | −0.22 | −0.03 |
| Free Cash Flow | 0 | 6.41 | −2.97 | −1.93 | −10.03 | 6.62 | 10.81 | 13.49 | 2.18 | −21.36 | −0.65 | −0.04 |
| CFO/EBITDA | 0 | 130 | 80 | 65 | −155 | −105 | −60 | 10 | −66 | 672 | 21 | −49 |
Ratios
| Particulars | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 53.08 | 47.83 | 75.12 | 71.49 | 95.73 | 645 | 1,209 | 474 | — | 1,301 | 246 | 222 |
| Inventory Days | 68.11 | 79.69 | 60.89 | 37.41 | 69.47 | 294 | 72.33 | 11.93 | — | 0 | 31.6 | 9 |
| Days Payable | 26.67 | 6.91 | 8.94 | 13.82 | 10.82 | 367 | 166 | 110 | — | — | 183 | 194 |
| Cash Conversion Cycle | 94.52 | 121 | 127 | 95.08 | 154 | 571 | 1,116 | 376 | — | 1,301 | 94.18 | 36.91 |
| Working Capital Days | 96.11 | 116 | 126 | 43.8 | 90.4 | 416 | −204 | −3,158 | — | −199 | 10.19 | 129 |
| ROCE % | 14.94% | 13.07% | 12.01% | — | 7.65% | −6.52% | −31.03% | −53.16% | −10.76% | −25.6% | — | — |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Mahip Industries insights
56 extracted metrics across FY13–FY26.
Documents
- 27 May 2024
- 4 Feb 2026
- 8 Dec 2025
- 31 Dec 2024
- 11 Sep 2024
- 3 Nov 2023
- Intimation 3 Nov 2026
- General announcements 13 Oct 2026
Frequently Asked Questions about Mahip Industries
What does Mahip Industries Ltd do?
Where is Mahip Industries Ltd (MAHIP) listed?
Which sector does Mahip Industries Ltd belong to?
Company Information
Incorporated in 1995, Mahip Industries Ltd is engaged in the manufacture of Paper and Paper Products.
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