Mihika Industrie

Why is Mihika Industries Ltd falling/rising?

As of 01-Sep, Mihika Industries Ltd's stock price has risen by 3.35% following a trend reversal after previous declines, with increased investor interest reflected in a significant rise in delivery volume. Despite being above its 5-day moving averages, the stock remains below longer-term averages, indicating potential for further recovery.

As of 01-Sep, Mihika Industries Ltd's stock price is rising, as indicated by a change of 0.34, or 3.35%, increase. This upward movement follows a trend reversal after two consecutive days of decline. Additionally, the stock has outperformed its sector by 4.27% today, suggesting a positive shift in investor sentiment. <BR><BR>Investor participation has also increased, with a delivery volume of 5.61k on August 31, which is an 88.51% rise compared to the 5-day average delivery volume. This increase in trading activity indicates growing interest in the stock. While the stock is currently higher than its 5-day moving averages, it remains below the longer-term moving averages (20-day, 50-day, 100-day, and 200-day), which may suggest potential for further recovery. <BR><BR>Overall, the combination of a recent price increase, improved trading volume, and sector outperformance contributes to the current rise in Mihika Industries Ltd's stock price.

Who are in the management team of Mihika Industrie?

The management team of Mihika Industrie includes Manoj Sethia (Chairman), Pranav Trivedi (Managing Director), Smita Jain and Pawansut Swami (Company Secretaries), along with independent directors Nilam Viren Makwana and Sweta R. Panchal, and non-executive director Sagarkumar P. Dataniya.

The management team of Mihika Industrie includes the following individuals:<BR><BR>1. **Manoj Sethia** - Chairman (Non-Executive)<BR>2. **Smita Jain** - Company Secretary & Compliance Officer<BR>3. **Pawansut Swami** - Company Secretary & Compliance Officer<BR>4. **Pranav Trivedi** - Managing Director<BR>5. **Nilam Viren Makwana** - Independent Director<BR>6. **Sagarkumar P. Dataniya** - Non-Executive Director<BR>7. **Sweta R. Panchal** - Independent Director<BR><BR>If you need more information about any specific member or their roles, feel free to ask!

What does Mihika Industrie do?

Mihika Industries Ltd is a Micro Cap company in the Trading & Distributors industry, originally incorporated in 1983. As of June 2026, it reported net sales and net profit of 0 Cr, with a market cap of INR 10 Cr.

Overview:<BR>Mihika Industries Ltd operates in the Trading & Distributors industry and is categorized as a Micro Cap company.<BR><BR>History:<BR>Mihika Industries Ltd was incorporated on 5 January, 1983, originally named "Ashish Vanijya Pratishthan Limited." The company changed its name to Mihika Industries Limited on 5 May, 1995, and continues to operate under this name. The latest quarterly results reported net sales and net profit of 0 Cr for June 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 0 Cr (Quarterly Results - Jun 2026)<BR>Most recent Net Profit: 0 Cr (Quarterly Results - Jun 2026)<BR>Market-cap value: INR 10 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 148.00<BR>Industry P/E: 21<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 0.01<BR>Return on Equity: 0.32%<BR>Price to Book: 0.45<BR><BR>Contact Details:<BR>Address: 3 Bentinck Street, 2nd Floor Kolkata West Bengal : 700001<BR>Tel: 91-33-65366663<BR>Email: mihikaindustries@gmail.com<BR>Website: http://www.mihika.co.in

Who are the peers of the Mihika Industrie?

Mihika Industrie's peers include Catvision Ltd, Kisaan Parivar, Sumeru Industrie, Globe Commercial, Suncare Traders, Universal Office, Shashank Traders, and Garware Synth. Mihika Industrie has a 1-year return of -46.58%, better than Kisaan Parivar's -53.54% but worse than Panther Indl. Pr's 89.61%.

Peers: The peers of Mihika Industrie are Catvision Ltd, Kisaan Parivar, Sumeru Industrie, Globe Commercial, Suncare Traders, Universal Office, Shashank Traders, and Garware Synth.<BR><BR>Quality Snapshot: Below Average management risk is observed at Catvision Ltd, Suncare Traders, and Mihika Industrie, while Average management risk is found at Kisaan Parivar. Excellent growth is noted at Globe Commercial, while Below Average growth is seen at Catvision Ltd, Kisaan Parivar, Sumeru Industrie, Suncare Traders, and Mihika Industrie. Good capital structure is present at Catvision Ltd, while Below Average capital structure is found at Kisaan Parivar, Suncare Traders, and Mihika Industrie, with the rest not qualifying.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Panther Indl. Pr at 89.61%, while Kisaan Parivar has the lowest at -53.54%. Mihika Industrie’s 1-year return of -46.58% is better than Kisaan Parivar's but worse than Panther Indl. Pr's. Additionally, peers with negative six-month returns include Catvision Ltd, Kisaan Parivar, Sumeru Industrie, Globe Commercial, Suncare Traders, and Mihika Industrie.

How big is Mihika Industrie?

As of 31st August, Mihika Industries Ltd has a market capitalization of 10.00 Cr, with recent net sales of 1.47 Cr and a net profit of 0.07 Cr. The company reported shareholder's funds of 21.97 Cr and total assets of 21.12 Cr as of March 2026.

As of 31st August, Mihika Industries Ltd has a market capitalization of 10.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Mihika Industries reported Net Sales of 1.47 Cr and a Net Profit of 0.07 Cr.<BR><BR>For the reporting period of March 2026, the company had Shareholder's Funds amounting to 21.97 Cr and Total Assets of 21.12 Cr.

Which are the latest news on Mihika Industrie?

Should I buy, sell or hold Mihika Industries Ltd?

Are Mihika Industries Ltd latest results good or bad?

Mihika Industries Ltd's latest Q1 FY27 results are concerning, showing a 72.89% decline in net sales and a negative operating margin of -28.89%, indicating ongoing financial distress and operational challenges. The stock has also underperformed significantly, down 35.24% over the past year, reflecting market skepticism.

Mihika Industries Ltd's latest results for Q1 FY27 indicate a troubling financial situation. The company reported net sales of ₹0.45 crores, which is a significant decline of 72.89% compared to the same quarter last year. Despite maintaining a marginal net profit of ₹0.01 crores, this was largely due to other income, highlighting a reliance on non-operational sources to offset ongoing losses.<BR><BR>The operating margin stands at a concerning -28.89%, marking the sixth consecutive quarter of negative operating profitability. This persistent loss indicates severe operational challenges and raises questions about the company's business model stability.<BR><BR>Additionally, the stock has underperformed significantly, declining 35.24% over the past year, which is much worse than the broader market and its sector peers. The lack of institutional interest, with zero holdings from institutional investors, further reflects market skepticism regarding the company's prospects.<BR><BR>Overall, the results can be characterized as bad, with multiple red flags indicating ongoing financial distress and operational inefficiencies.

When is the next results date for Mihika Industries Ltd?

The next results date for Mihika Industries Ltd is 27 May 2026.

The next results date for Mihika Industries Ltd is scheduled for 27 May 2026.

How has been the historical performance of Mihika Industrie?

Mihika Industrie has shown significant recovery in net sales, increasing from 6.20 Cr in Mar'24 to 34.74 Cr in Mar'25, while also improving profitability with a profit after tax of 0.05 Cr, up from a loss of -2.42 Cr in Mar'23. However, total expenditures rose, leading to ongoing challenges in operating profit and asset management.

Answer:<BR>The historical performance of Mihika Industrie shows significant fluctuations over the years, particularly in net sales and profitability. <BR><BR>Breakdown:<BR>Mihika Industrie experienced a substantial increase in net sales from Mar'24 to Mar'25, rising from 6.20 Cr to 34.74 Cr, marking a notable recovery from previous years where sales were minimal or non-existent. Total operating income followed this trend, reaching 34.74 Cr in Mar'25 compared to 6.20 Cr in Mar'24. However, the company faced challenges with total expenditure, which increased to 35.23 Cr in Mar'25 from 6.89 Cr in Mar'24, leading to an operating profit (PBDIT) of -0.49 Cr in Mar'25, an improvement from -0.69 Cr in the previous year. Profit before tax also showed a slight positive shift to 0.11 Cr in Mar'25, while profit after tax was 0.05 Cr, a recovery from a loss of -2.42 Cr in Mar'23. The company's total assets decreased slightly to 21.02 Cr in Mar'25 from 20.96 Cr in Mar'24, while total liabilities remained relatively stable at 21.02 Cr. Cash flow from operating activities turned positive at 19.00 Cr in Mar'25, contrasting with previous years where cash flow was either negative or zero. Overall, Mihika Industrie has shown signs of recovery in sales and profitability, despite ongoing challenges with expenditures and asset management.

Is Mihika Industrie overvalued or undervalued?

As of May 26, 2025, Mihika Industrie is considered overvalued and risky due to its poor financial metrics, including a PE ratio of 23.74, a negative ROCE of -19.32%, and underwhelming stock performance, especially compared to its peers and the Sensex.

As of 26 May 2025, Mihika Industrie has moved from an attractive to a risky valuation grade. The company appears to be overvalued given its current financial metrics, including a PE ratio of 23.74, a Price to Book Value of 1.09, and a troubling ROCE of -19.32%. In comparison to its peers, MMTC Ltd. has a significantly higher PE ratio of 119.39, while Optiemus Infracom Ltd. is at 82.35, indicating that Mihika's valuation does not align favorably within its industry context.<BR><BR>The company's financial ratios highlight its precarious position, particularly with an EV to EBIT and EV to EBITDA both at -23.71, suggesting that it is not generating positive earnings relative to its enterprise value. Additionally, the stock's recent performance has been underwhelming, with a 1-year return of -8.68%, contrasting with the Sensex's gain of 7.55% over the same period. Overall, Mihika Industrie is currently overvalued based on its financial ratios and peer comparisons.

What is the technical trend for Mihika Industrie?

As of June 4, 2025, Mihika Industrie shows a mildly bearish trend, supported by bearish daily moving averages and weekly RSI, despite mixed signals from the MACD and Dow Theory.

As of 4 June 2025, the technical trend for Mihika Industrie has changed from sideways to mildly bearish. The weekly MACD is mildly bullish, but the monthly MACD is mildly bearish, indicating mixed signals. The weekly RSI is bearish, while the monthly RSI shows no signal, further supporting the bearish stance. The daily moving averages are bearish, and the weekly KST is also bearish. Dow Theory indicates a mildly bearish trend on the weekly timeframe, while being mildly bullish on the monthly timeframe. Overall, the current technical stance is mildly bearish, driven primarily by the bearish daily moving averages and the bearish weekly RSI.

Who are the top shareholders of the Mihika Industrie?

The top shareholders of Mihika Industrie are Veggie Fest Foods Private Limited with 47.14%, individual investors with 43.01%, and Saptswati Private Limited as the highest public shareholder at 2.64%. There are no mutual funds or foreign institutional investors involved, and no pledged promoter holdings.

The top shareholders of Mihika Industrie include Veggie Fest Foods Private Limited, which holds the largest share at 47.14%. Additionally, individual investors collectively own 43.01% of the company. The highest public shareholder is Saptswati Private Limited, with a holding of 2.64%. There are no mutual funds or foreign institutional investors (FIIs) currently holding shares in the company, and there are no pledged promoter holdings.

Has Mihika Industrie declared dividend?

No Dividend History Available