Is Mihika Industries Ltd (538895) a good quality company?

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

Is Mihika Industries Ltd (538895) undervalued or overvalued?

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

What is Mihika Industries Ltd (538895) share price return in the past 10 years?

Mihika Industries Ltd share price has declined -4.3% annually (CAGR) over the past ten years.

Is Mihika Industries Ltd (538895) a good buy now?

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.

What is the share price of Mihika Industries Ltd (538895)?

Company share prices are keep on changing according to the market conditions. The current trading price of Mihika Industries Ltd (538895) on 13-Apr-2026 16:59:59 at 16:59 is 11.64.

What is the P/E ratio of Mihika Industries?

The latest standalone P/E ratio of Mihika Industries as of 13-Apr-2026 is 0.00.

What is the P/B ratio of Mihika Industries Ltd (538895)?

The latest standalone P/B ratio of Mihika Industries Ltd (538895) as of 13-Apr-2026 is 0.53.

What is the 52-week high and low of Mihika Industries Ltd (538895)?

The 52-week high of Mihika Industries Ltd (538895) is Rs. 29.60 and the 52-week low is Rs. 7.11.

Mihika Industries Ltd (538895) Share Analysis – Quality, Valuation Zone & Price Trend & DeciZen Rating

Name: Mihika Industries Ltd (538895)
Brand: Mihika Industries

Mihika Industries Ltd (538895) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Key Metrics

Market Cap

₹12 Cr.

P/E Ratio

0.00

Price to Book (P/B)

0.53

Price to Sales (P/S)

0.39

EV/EBITDA

-13.81

Return on Capital Employed (ROCE)

0.52%

Current Price

₹11.6

Return on Equity (ROE)

0.25%

Return on Assets (ROA)

0.26%

Operating Profit Margin

-1.4%

Net Profit Margin

0.16%

Gross Profit Margin

0.3%

Book Value per Share

₹22

Sales Growth (YoY)

460.32%

Sales Growth (3 Years)

170.25%

Operating Profit Growth (1 Year)

NA%

Operating Profit Growth (3 Years)

N/A%

Net Profit Growth (1 Year)

-72.22%

52-Week Low / High

₹7 / 30

Net Profit Growth (3 Years)

N/A%

Dividend Yield

0.00%

Promoter Holding

47.14%

Pledged shares (%)
of Promoter's holding (%)

0.00%

Check Before You Invest

Q.1 Revenue growth of Mihika Industries Ltd?

Mihika Industries Ltd revenue growth is 460.3% for FY-2025 , which is above its 5 year CAGR of 76.3% , indicating faster growth.

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 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 Which industry/sub-sector does Mihika Industries Ltd belong to?

Mihika Industries Ltd belongs to the Miscellaneous sector, operating specifically within the Trading segment.

Q.1 Stock return of Mihika Industries Ltd over the last decade?

Over the last 9 years, the stock has delivered a CAGR of -4.3% based on the current price.

DeciZen - make an informed investing decision on Mihika Industries

Based on:

Data

M-Cap below 100cr DeciZen not available

Mihika Industries stock performance

Key Ratios

Is Mihika Industries Ltd an attractive stock to invest in?

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

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
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 ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	1.2	1.8	1.8	1.8	2	1.8	1.8	0	6.2	34.7	30
Sales YoY Gr.	-	43.9%	3.4%	-3.3%	15.3%	-12.8%	-1.1%	-100%	NA	460.3%	-
Adj EPS ⓘ	0.2	-0.3	0.1	-0.2	-0.1	-0	-0.1	-2.4	0.1	0.1	-0.7
YoY Gr.	-	-236.8%	NA	-387.5%	NA	NA	NA	NA	NA	-61.5%	-
BVPS (₹) ⓘ	24.8	24.7	24.6	24.3	24.3	24.1	24.1	21.7	21.8	21.9	22
Adj Net Profit ⓘ	0.2	-0.3	0.1	-0.2	-0.1	-0	-0.1	-2.4	0.1	0.1	-1
Cash Flow from Ops. ⓘ	0.6	-2.2	0.7	-2.4	-2.5	-1.5	0.2	0.5	-0.9	19.9	-
Debt/CF from Ops. ⓘ	0	0	0	0	0	0	0	0	-0	0	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	45%	76.3%	170.3%	460.3%
Adj EPS ⓘ	-13.8%	NA	NA	-61.5%
BVPSⓘ	-1.4%	-2%	-3.1%	0.2%
Share Price	-4.3%	-10.1%	-23.5%	-45%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	0.8	-1	0.3	-0.9	-0.2	-0.1	-0.3	-10.4	0.6	0.3	-3
Op. Profit Mgn % ⓘ	-53.8	-77.6	-78.3	-93.1	-69.1	-80.5	-81.4	0	-11.1	-1.4	-3.7
Net Profit Mgn % ⓘ	15.4	-14.5	4.6	-12.7	-2.6	-0.7	-4.3	0	2.1	0.2	-2.2
Debt to Equity ⓘ	0	0	0	0	0	0	0	0	0	0	-
Working Cap Days ⓘ	6,758	4,913	4,627	4,620	4,172	4,874	4,880	0	1,207	220	273
Cash Conv. Cycle ⓘ	62	41	20	0	6	25	18	0	183	37	270

Recent Performance Summary

Latest Financials

	Standalone	Consolidated
TTM EPS (₹)	-0.7	-
TTM Sales (₹ Cr.)	30	-
BVPS (₹) ⓘ	22	-
Reserves (₹ Cr.) ⓘ	12	-
P/BV ⓘ	0.53	-
PE ⓘ	0.00	-

From the Market
52 Week Low / High (₹)	7.11 / 29.60
All Time Low / High (₹)	7.11 / 45.79
Market Cap (₹ Cr.)	11.6
Equity (₹ Cr.)	10
Face Value (₹)	10
Industry PE ⓘ	24.4

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

Valuation of Mihika Industries - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Key Ratios

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	1.23	1.77	1.83	1.77	2.04	1.78	1.76	0	6.20	34.74
Operating Expenses ⓘ +	2.17	3.16	3.56	3.60	3.45	3.54	3.19	4.51	6.89	35.23
Manufacturing Costs	0	0	0	0	0	0	0	0	0	0
Material Costs	1.34	2.01	1.91	1.81	2.11	1.81	1.79	0	6.14	34.89
Employee Cost	0.24	0.43	0.45	0.45	0.47	0.49	0.47	0.37	0.19	0.10
Other Costs ⓘ	0.59	0.72	1.19	1.35	0.87	1.24	0.93	4.13	0.56	0.24
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 ⓘ +	0.96	1.52	1.60	1.39	1.34	1.55	1.42	1.27	0.88	0.60
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Interest ⓘ	0	0	0	0	0	0	0	0	0	0
Depreciation ⓘ	0	0	0.01	0.01	0	0	0	0	0	0
Profit Before Tax ⓘ	0.02	0.13	-0.13	-0.45	-0.07	-0.22	-0.02	-3.24	0.19	0.11
Tax ⓘ	0.01	0.02	-0.04	-0.10	-0.02	-0.06	0	-0.83	0.02	0.06
Profit After Tax	0.01	0.11	-0.09	-0.35	-0.05	-0.16	-0.02	-2.42	0.18	0.05
PAT Margin (%)	1.0%	6.1%	-5.2%	-19.7%	-2.3%	-8.9%	-1.1%	-	2.9%	0.2%
Adjusted EPS (₹)	0.0	0.1	-0.1	-0.4	-0.1	-0.2	-0.0	-2.4	0.2	0.1
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	24.75	24.74	24.64	24.29	24.25	24.09	24.07	21.65	21.83	21.88
Share Capital ⓘ	10	10	10	10	10	10	10	10	10	10
Reserves ⓘ	14.75	14.74	14.64	14.29	14.25	14.09	14.07	11.65	11.83	11.88
Debt +	0	0	0	0	0	0	0	0	0.01	0.16
Long Term Debt	0	0	0	0	0	0	0	0	0.01	0
Short Term Debt	0	0	0	0	0	0	0	0	0	0.16
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	0	0	0	0	0	0	0	0	0	0.02
Others Liabilities ⓘ	0	0.02	-0.01	-0.17	-0.19	-0.25	-0.24	-0.65	-0.87	-1.03
Total Liabilities ⓘ	24.75	24.75	24.64	24.12	24.06	23.84	23.82	21.01	20.96	21.02
Fixed Assets
Net Fixed Assets ⓘ +	0.01	0.01	0.01	0	0	0	0	0	0	0
Gross Block	0.01	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02
Accumulated Depreciation	0	0	0.01	0.02	0.02	0.02	0.02	0.02	0.02	0.02
CWIP ⓘ	0	0	0	0	0	0	0	0	0	0
Investments ⓘ	0.92	0.43	0.93	0.81	0.04	0.04	0.12	0.33	0	0
Inventories	0	0	0	0	0	0	0	0	0	0
Trade Receivables	0.20	0.20	0	0	0.07	0.17	0	0	6.20	0.90
Cash Equivalents	0.45	0.10	1.59	0.55	0.17	0.19	0.36	0.57	0.04	0.01
Others Assets ⓘ	23.18	24.01	22.11	22.76	23.78	23.44	23.34	20.10	14.72	20.10
Total Assets ⓘ	24.75	24.75	24.64	24.12	24.06	23.84	23.82	21.01	20.96	21.02

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	0.60	-2.19	0.70	-2.37	-2.49	-1.51	0.20	0.48	-0.86	19.89
PBT ⓘ	0.02	0.13	-0.13	-0.45	-0.07	-0.22	-0.02	-3.24	0.19	0.11
Adjustment ⓘ	-0.92	-1.48	-1.29	-1.20	-1.34	-1.52	-0.06	0.06	-0.01	0
Changes in Working Capital ⓘ	1.5	-0.82	2.15	-0.72	-1.08	0.23	0.27	3.77	-1.04	19.81
Tax Paid ⓘ	0	-0.02	-0.03	0	0	0	0	-0.10	-0.01	-0.03
Cash Flow From Investing Activity ⓘ +	-2.15	1.85	0.79	1.33	2.11	1.52	-0.03	-0.27	0.33	-20.07
Capex	-0	-0.01	0	-0	0	0	-0	0	0	0
Net Investments	0.37	0.89	-0.76	-0.05	0.78	0.14	-0.03	-0.27	0.33	0
Others ⓘ	-2.52	0.97	1.55	1.38	1.34	1.38	0	0	-0	-20.07
Cash Flow From Financing Activity ⓘ +	0.92	0	0	0	0	0	0	0	0.01	0.15
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0.01	0.15
Interest Paid ⓘ	0.92	0	0	0	0	0	0	0	0	-0
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Others ⓘ	0	0	0	0	0	0	0	0	0	-0
Net Cash Flow ⓘ	-0.63	-0.35	1.49	-1.04	-0.38	0.02	0.17	0.21	-0.53	-0.02

Finance Ratio

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	0.05	0.43	-0.38	-1.43	-0.19	-0.66	-0.08	-10.57	0.81	0.25
ROCE (%)	0.08	0.51	-0.54	-1.82	-0.27	-0.91	-0.07	-14.18	0.89	0.52
Asset Turnover Ratio	0.05	0.07	0.07	0.07	0.08	0.07	0.07	0	0.3	1.65
PAT to CFO Conversion(x)	60	-19.91	N/A	N/A	N/A	N/A	N/A	N/A	-4.78	397.8
Working Capital Days
Receivable Days	58	41	0	0	12	25	0	0	365	37
Inventory Days	0	0	0	0	0	0	0	0	0	0
Payable Days	0	0	0	0	0	0	0	0	0	0

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Mihika Industries Ltd FAQs

The current trading price of Mihika Industries on 13-Apr-2026 16:59 is ₹11.64.

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 12-Apr-2026 the market cap of Mihika Industries stood at ₹11.64 Cr

The latest P/E ratio of Mihika Industries as of 12-Apr-2026 is 0.00.

The latest P/B ratio of Mihika Industries as of 12-Apr-2026 is 0.53.

The 52-week high of Mihika Industries is ₹29.60 and the 52-week low is ₹7.11.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Mihika Industries is ₹30.00 ( Cr.) .

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.

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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
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Mihika Industries Ltd (538895) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Mihika Industries Share Price