Mihika Industries Ltd - Stock Valuation and Financial Performance

BSE: 538895 | NSE: | Trading | Small Cap

Mihika Industries Share Price

25.90 1.86 7.74%
as on 28-Mar'24 16:01

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Mihika Industries stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
25.9 Cr.
52-wk low:
21
52-wk high:
29.4

Is Mihika Industries Ltd an attractive stock to invest in?

1. Is Mihika Industries Ltd 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.

2. Is Mihika Industries Ltd 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 Overvalued zone.

3. Is Mihika Industries Ltd 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.

10 Year X-Ray of Mihika Industries:

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

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 0%-0.1%0.8%-1%0.3%-0.9%-0.2%-0.1%-0.3%-10.4%-
Value Creation
Index
-1.0-1.0-1.0-1.1-1.0-1.1-1.0-1.0-1.0-1.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 0.41.11.21.81.81.821.81.800
Sales YoY Gr.-152.3%10.8%43.9%3.4%-3.3%15.3%-12.8%-1.1%-100%-
Adj EPS 0-00.2-0.30.1-0.2-0.1-0-0.1-2.4-2.4
YoY Gr.--300%NA-236.8%NA-387.5%NANANANA-
BVPS (₹) 24.724.724.824.724.624.324.324.124.121.721.6
Adj Net
Profit
000.2-0.30.1-0.2-0.10-0.1-2.4-2
Cash Flow from Ops. 10.83.80.6-2.20.7-2.4-2.5-1.50.20.5-
Debt/CF from Ops. 0000000000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -100%-100%-100%-100%
Adj EPS -283.6%-296.9%NANA
BVPS-1.5%-2.6%-3.7%-10.1%
Share Price - 5.5% 9.4% 8.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
0-0.10.8-10.3-0.9-0.2-0.1-0.3-10.4-11.3
Op. Profit
Mgn %
-24.1-49.6-53.8-77.6-78.3-93.1-69.1-80.5-81.40NAN
Net Profit
Mgn %
2.1-1.915.4-14.54.6-12.7-2.6-0.7-4.30-INF
Debt to
Equity
0000000000-
Working Cap
Days
19,3957,2706,7584,9134,6274,6204,1724,8744,88000
Cash Conv.
Cycle
1636962412006251800

Recent Performance Summary

No data to display

Return on Equity is Poor

Sales growth has been subdued in last 3 years -100.00%

Sales growth is not so good in last 4 quarters at -25.00%

Latest Financials - Mihika Industries Ltd.

Standalone Consolidated
TTM EPS (₹) -2.4 -
TTM Sales (₹ Cr.) 0 -
BVPS (₹.) 21.6 -
Reserves (₹ Cr.) 12 -
P/BV 1.20 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 21.00 / 29.42
All Time Low / High (₹) 17.15 / 29.42
Market Cap (₹ Cr.) 25.9
Equity (₹ Cr.) 10
Face Value (₹) 10
Industry PE 76.7

Management X-Ray of Mihika Industries:

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 (%)

Event Update

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Analyst's Notes

Key Ratios of Mihika Industries

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales0.441.111.231.771.831.772.041.781.760
Operating Expenses 0.541.772.173.163.563.603.453.543.194.51
Manufacturing Costs0000000000
Material Costs0.441.131.342.011.911.812.111.811.790
Employee Cost 0.050.190.240.430.450.450.470.490.470.37
Other Costs 0.060.450.590.721.191.350.871.240.934.13
Operating Profit -0.11-0.67-0.94-1.39-1.73-1.83-1.41-1.77-1.43-4.51
Operating Profit Margin (%) -24.1%-60.1%-75.9%-78.6%-94.6%-103.0%-69.1%-99.4%-81.6%-
Other Income 0.120.690.961.521.601.391.341.551.421.27
Interest 0000000000
Depreciation 00000.010.010000
Exceptional Items 0000000000
Profit Before Tax 0.010.020.020.13-0.13-0.45-0.07-0.22-0.02-3.24
Tax 000.010.02-0.04-0.10-0.02-0.060-0.83
Profit After Tax 0.010.020.010.11-0.09-0.35-0.05-0.16-0.02-2.42
PAT Margin (%) 2.1%1.9%1.0%6.1%-5.2%-19.7%-2.3%-8.9%-1.1%-
Adjusted EPS (₹)0.00.00.00.1-0.1-0.4-0.1-0.20.0-2.4
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 24.7224.7424.7524.7424.6424.2924.2524.0924.0721.65
Share Capital 10101010101010101010
Reserves 14.7214.7414.7514.7414.6414.2914.2514.0914.0711.65
Minority Interest0000000000
Debt0000000000
Long Term Debt0000000000
Short Term Debt0000000000
Trade Payables0000000000
Others Liabilities -0.01-0.0100.02-0.01-0.17-0.19-0.25-0.24-0.65
Total Liabilities 24.7124.7324.7524.7524.6424.1224.0623.8423.8221.01

Fixed Assets

Gross Block000.010.020.020.020.020.020.020.02
Accumulated Depreciation00000.010.020.020.020.020.02
Net Fixed Assets000.010.010.0100000
CWIP 0000000000
Investments 0.921.290.920.430.930.810.040.040.120.33
Inventories00.0200000000
Trade Receivables0.200.200.200.20000.070.1700
Cash Equivalents 21.080.450.101.590.550.170.190.360.57
Others Assets21.5922.1323.1824.0122.1122.7623.7823.4423.3420.10
Total Assets 24.7124.7324.7524.7524.6424.1224.0623.8423.8221.01

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 10.843.760.60-2.190.70-2.37-2.49-1.510.200.48
PBT 0.010.020.020.13-0.13-0.45-0.07-0.22-0.02-3.24
Adjustment -0.12-0.49-0.92-1.48-1.29-1.20-1.34-1.52-0.060.06
Changes in Working Capital 10.954.231.5-0.822.15-0.72-1.080.230.273.77
Tax Paid 000-0.02-0.030000-0.10
Cash Flow From Investing Activity -9.15-5.17-2.151.850.791.332.111.52-0.03-0.27
Capex 000-0.01000000
Net Investments -0.92-0.370.370.89-0.76-0.050.780.14-0.03-0.27
Others -8.23-4.79-2.520.971.551.381.341.3800
Cash Flow From Financing Activity 0.120.490.920000000
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid 0.1200.920000000
Dividend Paid 0000000000
Others 00.4900000000
Net Cash Flow 1.81-0.92-0.63-0.351.49-1.04-0.380.020.170.21
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)0.040.080.050.43-0.38-1.43-0.19-0.66-0.08-10.57
ROCE (%)0.050.090.080.51-0.54-1.82-0.27-0.91-0.07-14.18
Asset Turnover Ratio0.020.040.050.070.070.070.080.070.070
PAT to CFO Conversion(x)108418860-19.91N/AN/AN/AN/AN/AN/A
Working Capital Days
Receivable Days16365584100122500
Inventory Days0700000000
Payable Days0000000000

Mihika Industries Ltd Stock News

Mihika Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Mihika Industries on 28-Mar-2024 16:01 is ₹25.90.
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 28-Mar-2024 16:01 the market cap of Mihika Industries stood at ₹25.90.
The latest P/E ratio of Mihika Industries as of 28-Mar-2024 16:01 is 0.00.
The latest P/B ratio of Mihika Industries as of 28-Mar-2024 16:01 is 1.20.
The 52-week high of Mihika Industries is ₹29.42 and the 52-week low is ₹21.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Mihika Industries is ₹0.00 ( 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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