Mihika Industrie

Why is Mihika Industries Ltd falling/rising?

As of 04-Jul, the stock price of Mihika Industries Ltd is at 14.63, unchanged from the previous session. The stock has underperformed in the short and long term, with declining trading activity and reduced investor participation indicating ongoing challenges.

As of 04-Jul, the stock price of Mihika Industries Ltd is currently at 14.63, with no change from the previous trading session. The stock has shown a mixed performance over various periods, with a decline of 1.94% over the past week, while it has increased by 1.53% over the past month. However, it has significantly underperformed over the longer term, with a year-to-date increase of only 1.39% compared to a decline of 8.75% in the Sensex, and a substantial drop of 30.33% over the past year against a 6.58% decline in the benchmark index.<BR><BR>Today's performance indicates that the stock has underperformed its sector by 2.55%. Additionally, there has been erratic trading, as the stock did not trade on 4 out of the last 20 days, which suggests a lack of consistent investor interest. The delivery volume has also seen a drastic decline of 94.32% against the 5-day average, indicating falling investor participation. Although the stock's price is higher than the 20-day, 50-day, 100-day, and 200-day moving averages, it is lower than the 5-day moving average, which may signal short-term weakness.<BR><BR>Overall, the combination of underperformance relative to the sector, declining trading activity, and reduced investor participation contributes to the perception that Mihika Industries Ltd is facing challenges, leading to a stagnation in its stock price.

Which are the latest news on Mihika Industrie?

What does Mihika Industrie do?

Mihika Industries Ltd, a Micro Cap company in the Trading & Distributors industry, was incorporated in 1983 and reported net sales and profit of 0 Cr for March 2026. The company has a market cap of INR 14 Cr and operates from Kolkata, India.

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 Limited was incorporated on 5 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 most recent quarterly results reported net sales and net profit of 0 Cr for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 0 Cr (Quarterly Results - Mar 2026)<BR>Net Profit: 0 Cr (Quarterly Results - Mar 2026)<BR>Market Cap: INR 14 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 202.00<BR>Industry P/E: N/A<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 0.01<BR>Return on Equity: 0.32%<BR>Price to Book: 0.63<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 10th June, Mihika Industries Ltd has a market capitalization of 14.00 Cr, with recent net sales of 2.68 Cr and a net profit of 0.07 Cr. The latest balance sheet shows shareholder's funds of 21.88 Cr and total assets of 21.02 Cr.

As of 10th June, Mihika Industries Ltd has a market capitalization of 14.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Mihika Industries reported Net Sales of 2.68 Cr and a Net Profit of 0.07 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, showing Shareholder's Funds of 21.88 Cr and Total Assets of 21.02 Cr.

Who are in the management team of Mihika Industrie?

The management team of Mihika Industrie includes Manoj Sethia (Chairman), Pranav Trivedi (Managing Director), and several other directors and compliance officers, such as Smita Jain and Pawansut Swami. Key members also include independent directors Nilam Viren Makwana and Sweta R. Panchal.

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 details about any specific member or their roles, feel free to ask!

Who are the peers of the Mihika Industrie?

Mihika Industrie’s peers include UR Sugar, Saptak Chem &, Palm Jewels, and others, with varying management and growth risks. Saptak Chem & has the highest 1-year return at 1329.00%, while UR Sugar has the lowest at -53.62%.

Peers: The peers of Mihika Industrie are UR Sugar, Saptak Chem &, Palm Jewels, Norris Medicines, Mitshi India, Ganon Products, Kisaan Parivar, Universal Office, Diggi Multitrade.<BR><BR>Quality Snapshot: Below Average management risk is observed at UR Sugar, Palm Jewels, Mitshi India, Ganon Products, Kisaan Parivar, and Diggi Multitrade, while Average management risk is found at Kisaan Parivar. Saptak Chem &, Norris Medicines, and Universal Office do not qualify for management risk assessment. For growth, Ganon Products shows Good growth, while UR Sugar, Palm Jewels, Mitshi India, Kisaan Parivar, and Diggi Multitrade exhibit Below Average growth. Saptak Chem &, Norris Medicines, and Universal Office do not qualify for growth assessment. Capital Structure is Excellent at Ganon Products, Good at UR Sugar, and Below Average at Palm Jewels, Mitshi India, Kisaan Parivar, and Diggi Multitrade, with Saptak Chem &, Norris Medicines, and Universal Office not qualifying.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Saptak Chem & at 1329.00%, while the peer with the lowest is UR Sugar at -53.62%. Mihika Industrie’s 1-year return of -41.09% is better than UR Sugar's but worse than Saptak Chem &. Additionally, the six-month return is negative for UR Sugar, Palm Jewels, and Kisaan Parivar.

Should I buy, sell or hold Mihika Industries Ltd?

Are Mihika Industries Ltd latest results good or bad?

Mihika Industries Ltd's latest results are concerning, with net sales dropping 98.38% year-on-year and an operating margin of -33.33%. Despite a small profit due to non-operating income, the company's core operations are struggling, indicating a fundamentally broken business model.

Mihika Industries Ltd's latest results are concerning and indicate significant distress within the company. In Q4 FY26, net sales plummeted to ₹0.45 crores, reflecting a catastrophic 98.38% decline year-on-year. Although there was a slight sequential improvement of 104.55% from the previous quarter, this increase is minimal compared to the overall revenue collapse.<BR><BR>The company reported a net profit of ₹0.01 crores, which is a positive change from a loss of ₹0.73 crores in the same quarter last year. However, this profit is largely superficial, as it is supported by non-operating income, and the core operations continue to incur substantial losses. The operating margin stands at a negative 33.33%, indicating that the company is struggling to manage its core business effectively.<BR><BR>Overall, the financial performance suggests that Mihika Industries is facing severe operational challenges, with a business model that appears fundamentally broken. The stock has also underperformed significantly, declining 44.25% over the past year, which further underscores the negative sentiment surrounding the company's prospects. Given these factors, the latest results can be characterized as bad, reflecting a troubling situation for the company.

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