Mihika Industrie

Why is Mihika Industries Ltd falling/rising?

As of 06-Aug, Mihika Industries Ltd's stock price has risen to 11.24, reflecting a 5.44% increase, driven by recent positive performance and sector outperformance. However, long-term trends show a significant decline of 40.24% over the past year and a notable drop in investor participation, indicating potential caution ahead.

As of 06-Aug, Mihika Industries Ltd is experiencing a rise in its stock price, currently at 11.24, which reflects an increase of 0.58 or 5.44%. This upward movement can be attributed to several factors. Firstly, the stock has outperformed its sector by 5.98% today and has been on a positive trend, gaining for the last three consecutive days with a total return of 9.97% during this period. Additionally, the stock's performance over the past week shows a notable increase of 6.24%, significantly surpassing the Sensex's rise of 1.32%.<BR><BR>However, it is important to note that despite the recent gains, the stock has faced challenges in the longer term, with a decline of 22.48% over the past month and a staggering 40.24% drop over the past year. Furthermore, there has been a significant decrease in investor participation, as evidenced by a 91.15% drop in delivery volume compared to the 5-day average, which may indicate a lack of sustained interest from investors.<BR><BR>In summary, while Mihika Industries Ltd is currently rising due to recent performance and sector outperformance, its long-term trends and declining investor participation suggest caution moving forward.

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.

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.

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