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 03-Apr, Mihika Industries Ltd's stock price has risen to 9.84, reflecting a 1.76% increase. However, this short-term gain contrasts with a 16.61% decline over the past month and a 31.81% drop year-to-date, indicating significant long-term challenges and declining investor confidence.

As of 03-Apr, Mihika Industries Ltd is experiencing a rise in its stock price, currently at 9.84, with a change of 0.17, representing a 1.76% increase. This upward movement can be attributed to several factors. Notably, the stock has outperformed its sector by 0.95% today and has shown a consecutive gain over the last three days, accumulating a total return of 15.76% during this period. <BR><BR>Despite this recent positive performance, it is important to consider the broader context. Over the past month, the stock has declined by 16.61%, and year-to-date, it has fallen by 31.81%. Additionally, the stock has consistently underperformed against the benchmark, with a significant drop of 54.76% over the past year. <BR><BR>Investor participation appears to be declining, as indicated by a substantial drop in delivery volume, which fell by 84.72% compared to the five-day average. This suggests that while the stock is currently rising, there are underlying concerns regarding its long-term viability, including operating losses and a negative EBITDA of Rs. -1.11 crore. The company's weak ability to service its debt, evidenced by a poor EBIT to interest ratio of -1.56, further complicates its financial outlook.<BR><BR>In summary, while Mihika Industries Ltd is currently experiencing a rise in stock price, this is juxtaposed against a backdrop of significant long-term challenges and declining investor confidence.

Why is Mihika Industries Ltd falling/rising?

As of 04-Apr, Mihika Industries Ltd is experiencing a short-term rise in stock price, currently at 9.84, but faces significant long-term challenges with a year-to-date drop of 31.81% and declining investor participation. The company's weak fundamentals raise concerns about its sustainability despite recent gains.

As of 04-Apr, Mihika Industries Ltd is experiencing a rise in its stock price, currently at 9.84, which reflects an increase of 0.17 or 1.76%. This upward movement is notable as the stock has been gaining for the last three days, accumulating a total return of 15.76% during this period. Additionally, it has outperformed its sector by 0.95% today.<BR><BR>However, it is essential to consider the broader context of the stock's performance. Over the past week, while the stock has risen, it has still faced significant declines in the longer term, with a year-to-date drop of 31.81% and a staggering 54.76% decrease over the past year. The stock's performance has consistently underperformed against the benchmark, the Sensex, particularly over the last three years.<BR><BR>Investor participation appears to be declining, as indicated by a significant drop in delivery volume, which fell by 84.72% compared to the five-day average. This suggests that while there may be short-term gains, the long-term outlook remains concerning due to the company's weak fundamentals, including operating losses and a negative EBITDA of Rs. -1.11 crore.<BR><BR>In summary, Mihika Industries Ltd is currently rising in price due to recent short-term gains, but the overall trend indicates significant long-term challenges that could affect its sustainability.

Why is Mihika Industries Ltd falling/rising?

As of 05-Apr, Mihika Industries Ltd's stock price has risen to 9.84, reflecting a short-term gain despite a significant decline of 54.76% over the past year and weak financial fundamentals. The overall outlook remains concerning due to poor long-term performance and declining investor confidence.

As of 05-Apr, Mihika Industries Ltd is experiencing a rise in its stock price, currently at 9.84, which reflects an increase of 0.17 or 1.76%. This upward movement is notable as the stock has outperformed its sector by 0.95% today and has shown a consecutive gain over the last three days, accumulating a total return of 15.76% during this period. <BR><BR>However, despite this recent positive performance, the stock has faced significant challenges over longer periods. For instance, it has declined by 16.61% over the past month and a staggering 54.76% over the past year. The company's fundamentals are weak, highlighted by operating losses and a negative EBITDA of Rs. -1.11 crore, which raises concerns about its long-term viability. Additionally, the stock's ability to service its debt is poor, as indicated by an average EBIT to Interest ratio of -1.56.<BR><BR>Moreover, investor participation has been falling, with delivery volume dropping by 84.72% against the five-day average, suggesting a lack of confidence among investors. The stock is also trading below its longer-term moving averages, which typically indicates a bearish trend. <BR><BR>In summary, while Mihika Industries Ltd is currently rising in price due to short-term gains, the overall outlook remains concerning due to its poor long-term performance and financial health.

Which are the latest news on Mihika Industrie?