Mihika Industrie

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.

Who are in the management team of Mihika Industrie?

As of March 2022, the management team of Mihika Industrie includes Manoj Sethia (Chairman), Pranav Trivedi (Managing Director), and several other directors and compliance officers. Key members are Smita Jain, Pawansut Swami, Nilam Viren Makwana, Sagarkumar P. Dataniya, and Sweta R. Panchal.

As of March 2022, the management team of Mihika Industrie includes the following members:<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>These individuals play key roles in the governance and management of the company.

Has Mihika Industrie declared dividend?

No Dividend History Available

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 peers of the Mihika Industrie?

Mihika Industrie's peers include O.P Chains, Tai Industries, Globe Commercial, Neeraj Paper Mkt, NMS Global, Regent Enterprises, Norris Medicines, Muller & Phipps, and Yash Management & Sat. Globe Commercial leads in management quality and growth, while Mihika Industrie has average growth and below-average capital structure, with a 1-year return of -18.96%.

Peers: The peers of Mihika Industrie are O.P Chains, Tai Industries, Globe Commercial, Neeraj Paper Mkt, NMS Global, Regent Enterp., Norris Medicines, Muller & Phipps, and Yash Mgmt & Sat.<BR><BR>Quality Snapshot: Excellent management risk is observed at Globe Commercial, while Average management risk is found at Tai Industries, and the rest have Below Average management risk, including Mihika Industrie, NMS Global, Neeraj Paper Mkt, Regent Enterp., and Yash Mgmt & Sat. Growth is Excellent at Globe Commercial, Average at Mihika Industrie and Regent Enterp., and Below Average at Tai Industries, Neeraj Paper Mkt, NMS Global, and Yash Mgmt & Sat. For Capital Structure, Excellent is seen at Regent Enterp. and Yash Mgmt & Sat., Good at Globe Commercial, and Below Average at Mihika Industrie, Tai Industries, Neeraj Paper Mkt, NMS Global, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Globe Commercial at 48.59%, while the lowest is NMS Global at -37.96%. Mihika Industrie has a 1-year return of -18.96%, which is higher than NMS Global but lower than Globe Commercial. Additionally, several peers, including O.P Chains, Tai Industries, Neeraj Paper Mkt, Regent Enterp., and Yash Mgmt & Sat., have negative six-month returns.

What does Mihika Industrie do?

Mihika Industries Ltd, a Micro Cap company established in 1983, operates in the Trading & Distributors industry, reporting net sales of 278 Cr and a net profit of -7 Cr for the quarter ending March 2025. The company has a market cap of INR 20 Cr and key metrics include a P/E of 20.00 and a debt-equity ratio of 0.00.

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 05 January, 1983, originally named "Ashish Vanijya Pratishthan Limited." The company changed its name to Mihika Industries Limited on May 5, 1995, and continues to operate under this name. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>Net Sales: 278 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: -7 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: INR 20 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 20.00 <BR>Industry P/E: 35 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.00 <BR>Return on Equity: 0.27% <BR>Price to Book: 0.94 <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

How big is Mihika Industrie?

As of 24th July, Mihika Industries Ltd has a market capitalization of 21.00 Cr, with recent net sales of 34.74 Cr and a net profit of 0.06 Cr. The company reported shareholder's funds of 21.83 Cr and total assets of 22.03 Cr for the annual period ending in March 2024.

As of 24th July, Mihika Industries Ltd has a market capitalization of 21.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Mihika Industries reported Net Sales of 34.74 Cr and a Net Profit of 0.06 Cr.<BR><BR>For the latest annual period ending in March 2024, the company had Shareholder's Funds of 21.83 Cr and Total Assets of 22.03 Cr.

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.

When is the next results date for Mihika Industries Ltd?

The next results date for Mihika Industries Ltd is 13 February 2026.

The next results date for Mihika Industries Ltd is scheduled for 13 February 2026.

Are Mihika Industries Ltd latest results good or bad?

Mihika Industries Ltd's latest Q2 FY26 results are concerning, showing a 60% decline in net profit and a 78.92% drop in revenue, with persistent negative operating margins. Overall, these results indicate significant operational challenges and a negative outlook for the company.

Mihika Industries Ltd's latest results for Q2 FY26 are concerning and indicate significant operational challenges. The company reported a net profit of ₹0.04 crores, which represents a drastic decline of 60% compared to the previous quarter. More alarmingly, revenue fell to ₹0.35 crores, reflecting a staggering 78.92% decrease quarter-over-quarter and a 94.48% decline year-over-year.<BR><BR>The operating margin is deeply negative at -25.71%, marking the fifth consecutive quarter of negative operating margins. This suggests that the core business operations are consistently unprofitable. While the profit after tax margin of 11.43% appears positive, it is heavily reliant on other income, which raises concerns about the sustainability of profitability.<BR><BR>Overall, the results reveal a company struggling with erratic revenue patterns, persistent losses, and a lack of institutional confidence, making it a high-risk investment. The market capitalization of ₹16.10 crores and the stock's significant underperformance compared to its sector further underscore the negative outlook. Given these factors, the latest results can be characterized as bad, indicating a critical need for operational improvement and strategic reassessment.

Should I buy, sell or hold Mihika Industries Ltd?

Why is Mihika Industries Ltd falling/rising?

As of 17-Mar, Mihika Industries Ltd's stock price is Rs. 8.97, down 10.3%, and has declined 37.84% year-to-date, significantly underperforming the Sensex. The stock has hit a 52-week low of Rs. 8.55, showing high volatility and decreased investor participation, indicating a bearish trend.

As of 17-Mar, Mihika Industries Ltd is experiencing a decline in its stock price, currently at Rs. 8.97, which reflects a change of -1.03 or -10.3%. The stock has been on a downward trend, having lost -25.06% over the past week and -29.87% over the past month. Year-to-date, the stock has decreased by -37.84%, significantly underperforming compared to the Sensex, which has only fallen -10.74% in the same period.<BR><BR>Today, the stock hit a new 52-week low of Rs. 8.55, indicating a significant drop in value. It has been losing for the last five consecutive days, contributing to the overall decline. Although the stock opened with a gain of 5% today and reached an intraday high of Rs. 10.5, it quickly fell to its day's low of Rs. 8.55, showcasing high volatility with an intraday volatility of 10.18%. <BR><BR>Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a bearish trend. Investor participation has also decreased, with delivery volume dropping by -95.3% compared to the 5-day average, indicating a lack of confidence among investors. Overall, these factors contribute to the ongoing decline in the stock price of Mihika Industries Ltd.

Why is Mihika Industries Ltd falling/rising?

As of 18-Mar, Mihika Industries Ltd's stock price has risen to 9.35, up 4.7% after five days of decline, indicating renewed investor interest. However, it has experienced significant long-term declines, trading below key moving averages, suggesting a bearish trend despite the recent uptick.

As of 18-Mar, Mihika Industries Ltd is experiencing a rise in its stock price, currently at 9.35, with a change of 0.42 (4.7%) upward. This increase comes after a trend reversal, as the stock has gained after five consecutive days of decline. Additionally, the stock has outperformed its sector by 3.21% today, indicating a relative strength compared to its peers.<BR><BR>Despite this positive movement, it is important to note that Mihika Industries has faced significant declines over longer periods, with a year-to-date drop of 35.20% and a one-year decline of 56.14%. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a longer-term bearish trend.<BR><BR>However, there has been a notable increase in investor participation, with a delivery volume of 96.94k on March 17, which is 170.52% higher than the 5-day average delivery volume. This rise in trading activity may contribute to the current upward price movement, reflecting renewed interest from investors. Overall, while Mihika Industries Ltd is currently rising, it is essential to consider the broader context of its recent performance and the challenges it has faced.

Why is Mihika Industries Ltd falling/rising?

As of 19-Mar, Mihika Industries Ltd's stock price is rising at 9.62, with a 2.89% increase over the last two days. However, this rise is overshadowed by a 15.54% decline over the past week and a year-to-date drop of 33.33%, indicating ongoing long-term challenges and reduced investor interest.

As of 19-Mar, Mihika Industries Ltd is experiencing a rise in its stock price, currently at 9.62, with a change of 0.27, representing a 2.89% increase. This upward movement is notable as the stock has been gaining for the last two days, accumulating a total return of 7.73% during this period. Additionally, it has outperformed its sector by 6.5% today.<BR><BR>However, it is important to contextualize this rise within the broader performance metrics. Over the past week, the stock has declined by 15.54%, and its year-to-date performance shows a significant drop of 33.33%. Furthermore, the stock is trading below its moving averages across various time frames, indicating a longer-term downward trend. <BR><BR>Investor participation appears to be declining, with a notable drop in delivery volume of 41.33% compared to the 5-day average, suggesting reduced interest from investors. Despite today's positive movement, the overall trend indicates that Mihika Industries Ltd has faced substantial challenges over the longer term, as evidenced by its year-on-year decline of 55.17% and a 3-year decline of 57.58%. <BR><BR>In summary, while the stock is currently rising, this is occurring against a backdrop of significant historical declines and decreasing investor participation.

Why is Mihika Industries Ltd falling/rising?

As of 20-Mar, Mihika Industries Ltd's stock price is at 9.66, reflecting a slight increase but a significant year-to-date decline of 33.06%. Despite recent positive short-term momentum and increased investor participation, the stock continues to underperform its sector and is trading below its moving averages, indicating a bearish trend.

As of 20-Mar, Mihika Industries Ltd is experiencing a slight rise in its stock price, currently at 9.66, with a change of 0.04 (0.42%) upwards. This increase follows a trend where the stock has gained 8.17% over the last three days, indicating a positive short-term momentum. However, it is important to note that despite this recent uptick, the stock has significantly underperformed over longer periods, with a year-to-date decline of 33.06% and a one-year drop of 53.98%.<BR><BR>The stock's performance today has been characterized as underperforming its sector by 1.13%. Additionally, Mihika Industries Ltd is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically suggests a bearish trend. <BR><BR>On a more positive note, there has been a notable increase in investor participation, with delivery volume rising by 81.33% compared to the 5-day average, which may indicate growing interest among investors. Despite the recent rise in price, the overall context of the stock's performance suggests that it remains under pressure from longer-term declines.

Which are the latest news on Mihika Industrie?