SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Mihika Industries Ltd (538895)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 538895 NSE: Trading | Small Cap | Mihika Industries Share Price

₹14.11 0.00 (0.00%)

As on 09-Jun'26 16:59

Mihika Industries Ltd (538895)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 538895 NSE: Trading | Small Cap | Mihika Industries Share Price

₹14.11 0.00 (0.00%)

As on 09-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹14 Cr.
Current Price
₹14.1
52-Week Low / High
₹7 / 25
TTM EPS
₹0.1
TTM Sales
₹2.7 Cr.
Book Value per Share
₹22
P/E Ratio
162.18
Industry PE
35.7
Price to Book (P/B)
0.64
Lower than its 5-year historical median
Price to Sales (P/S)
5.27
Higher than its 5-year historical median
EV/EBITDA
163.69
Higher than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
0.25%
Underperforms industry median
Return on Capital Employed (ROCE)
0.52%
Underperforms industry median
Return on Assets (ROA)
0.26%
Operating Profit Margin
-1.4%
Net Profit Margin
0.16%
Gross Profit Margin
0.3%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
460.32%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-72.22%
Asset Quality
Promoter Holding
47.14%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹12 Cr.
Equity
₹10 Cr.
Face Value
₹10
All Time Low / High
₹7.11 / 45.79

Mihika Industries stock performance

Key Ratios
mw4me loader

Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Mihika Industries Ltd a good quality company?
Mihika Industries Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Mihika Industries Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Mihika Industries Ltd vs industry peers?
Mihika Industries Ltd revenue CAGR is 76.29%, compared to the industry median CAGR of 0%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Mihika Industries Ltd?
Promoters hold 47.14% of the Mihika Industries Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Mihika Industries Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of -3.4% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Mihika Industries Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 0.1%0.5%-0.5%-1.8%-0.3%-0.9%-0.1%-14.2%0.9%0.5%-
Value Creation
Index
-1.0-1.0-1.0-1.1-1.0-1.1-1.0-2.0-0.9-1.0-

Growth Parameters

Sales 1.21.81.81.821.81.806.234.73
Sales YoY Gr.-43.9%3.4%-3.3%15.3%-12.8%-1.1%-100%NA460.3%-
Adj EPS 0.2-0.30.1-0.2-0.1-0-0.1-2.40.10.10.1
YoY Gr.--236.8%NA-387.5%NANANANANA-61.5%-
BVPS (₹) 24.824.724.624.324.324.124.121.721.821.922
Adj Net
Profit
0.2-0.30.1-0.2-0.1-0-0.1-2.40.10.10
Cash Flow from Ops. 0.6-2.20.7-2.4-2.5-1.50.20.5-0.919.9-
Debt/CF from Ops. 00000000-00-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 45%76.3%170.3%460.3%
Adj EPS -13.8%NANA-61.5%
BVPS-1.4%-2%-3.1%0.2%
Share Price -2.9% -6.6% -19% -41.1%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
0.8-10.3-0.9-0.2-0.1-0.3-10.40.60.30.4
Op. Profit
Mgn %
-53.8-77.6-78.3-93.1-69.1-80.5-81.40-11.1-1.4-18.5
Net Profit
Mgn %
15.4-14.54.6-12.7-2.6-0.7-4.302.10.23.4
Debt to
Equity
00000000000
Working Cap
Days
6,7584,9134,6274,6204,1724,8744,88001,207220471
Cash Conv.
Cycle
624120062518018337466

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales1.231.771.831.772.041.781.7606.2034.74
Operating Expenses + 2.173.163.563.603.453.543.194.516.8935.23
Manufacturing Costs0000000000
Material Costs1.342.011.911.812.111.811.7906.1434.89
Employee Cost 0.240.430.450.450.470.490.470.370.190.10
Other Costs 0.590.721.191.350.871.240.934.130.560.24
Operating Profit -0.94-1.39-1.73-1.83-1.41-1.77-1.43-4.51-0.69-0.49
Operating Profit Margin (%) -75.9%-78.6%-94.6%-103.0%-69.1%-99.4%-81.6%--11.1%-1.4%
Other Income + 0.961.521.601.391.341.551.421.270.880.60
Exceptional Items 0000000000
Interest 0000000000
Depreciation 000.010.01000000
Profit Before Tax 0.020.13-0.13-0.45-0.07-0.22-0.02-3.240.190.11
Tax 0.010.02-0.04-0.10-0.02-0.060-0.830.020.06
Profit After Tax 0.010.11-0.09-0.35-0.05-0.16-0.02-2.420.180.05
PAT Margin (%) 1.0%6.1%-5.2%-19.7%-2.3%-8.9%-1.1%-2.9%0.2%
Adjusted EPS (₹)0.00.1-0.1-0.4-0.1-0.2-0.0-2.40.20.1
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Mihika Industries - Standalone

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 24.7524.7424.6424.2924.2524.0924.0721.6521.8321.88
Share Capital 10101010101010101010
Reserves 14.7514.7414.6414.2914.2514.0914.0711.6511.8311.88
Debt +000000000.010.16
Long Term Debt000000000.010
Short Term Debt0000000000.16
Minority Interest0000000000
Trade Payables0000000000.02
Others Liabilities 00.02-0.01-0.17-0.19-0.25-0.24-0.65-0.87-1.03
Total Liabilities 24.7524.7524.6424.1224.0623.8423.8221.0120.9621.02

Fixed Assets

Net Fixed Assets +0.010.010.010000000
Gross Block0.010.020.020.020.020.020.020.020.020.02
Accumulated Depreciation000.010.020.020.020.020.020.020.02
CWIP 0000000000
Investments 0.920.430.930.810.040.040.120.3300
Inventories0000000000
Trade Receivables0.200.20000.070.17006.200.90
Cash Equivalents 0.450.101.590.550.170.190.360.570.040.01
Others Assets 23.1824.0122.1122.7623.7823.4423.3420.1014.7220.10
Total Assets 24.7524.7524.6424.1224.0623.8423.8221.0120.9621.02

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 0.60-2.190.70-2.37-2.49-1.510.200.48-0.8619.89
PBT 0.020.13-0.13-0.45-0.07-0.22-0.02-3.240.190.11
Adjustment -0.92-1.48-1.29-1.20-1.34-1.52-0.060.06-0.010
Changes in Working Capital 1.5-0.822.15-0.72-1.080.230.273.77-1.0419.81
Tax Paid 0-0.02-0.030000-0.10-0.01-0.03
Cash Flow From Investing Activity + -2.151.850.791.332.111.52-0.03-0.270.33-20.07
Capex -0-0.010-000-0000
Net Investments 0.370.89-0.76-0.050.780.14-0.03-0.270.330
Others -2.520.971.551.381.341.3800-0-20.07
Cash Flow From Financing Activity + 0.9200000000.010.15
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 000000000.010.15
Interest Paid 0.9200000000-0
Dividend Paid 0000000000
Others 000000000-0
Net Cash Flow -0.63-0.351.49-1.04-0.380.020.170.21-0.53-0.02

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)0.050.43-0.38-1.43-0.19-0.66-0.08-10.570.810.25
ROCE (%)0.080.51-0.54-1.82-0.27-0.91-0.07-14.180.890.52
Asset Turnover Ratio0.050.070.070.070.080.070.0700.31.65
PAT to CFO Conversion(x)60-19.91N/AN/AN/AN/AN/AN/A-4.78397.8
Working Capital Days
Receivable Days58.4040.800012.1024.500036537.30
Inventory Days0000000000
Payable Days0000000000.20

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Mihika Industries Ltd FAQs

The current trading price of Mihika Industries on 09-Jun-2026 16:59 is ₹14.11.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 08-Jun-2026 the market cap of Mihika Industries stood at ₹14.11 Cr

The latest P/E ratio of Mihika Industries as of 08-Jun-2026 is 162.2.

The latest P/B ratio of Mihika Industries as of 08-Jun-2026 is 0.64.

The 52-week high of Mihika Industries is ₹24.90 and the 52-week low is ₹7.11.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Mihika Industries is ₹2.68 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Mihika Industries Ltd is a below average quality company.

The key valuation ratios of Mihika Industries Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Mihika Industries Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Mihika Industries Ltd

Mihika Industries Limited is a public limited Company domiciled in India and is incorporated under the provisions of the Companies Act applicable in India. Its shares are listed on Bombay Stock Exchange in India. The registered office of the company is located at Kolkata. The company is engaged in the business of trading in commodities. 

The company was incorporated on January 05, 1983, as ‘Ashish Vanijya Pratisthan Limited’ under the provisions of the Companies Act, 1956 with the Registrar of Companies, West Bengal and received the certificate of commencement of business on January 13, 1983. The name of the company was changed to Mihika Industries Limited on May 05, 1995 and after the company is carrying his Business in the name and style of Mihika Industries Limited.

Business area of the company 

The company is carrying on the business of Trading of Commodities and fabrics, Commission Agents and Investments.

To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×