Miven Mach. Tool

Why is Miven Machine Tools Ltd falling/rising?

As of 08-Jun, Miven Machine Tools Ltd's stock price is Rs 99.00, down 0.8%. Despite this decline, the stock has strong short- and long-term performance, with significant gains over the past week, month, and year, although it faces risks due to negative financial indicators.

As of 08-Jun, Miven Machine Tools Ltd's stock price is currently at Rs 99.00, reflecting a decrease of Rs 0.8 or 0.8%. Despite this recent decline, the stock has shown strong performance over various time periods. For instance, it has increased by 2.59% over the past week and 26.28% over the past month, significantly outperforming the Sensex, which has declined by 1.00% and 4.92% respectively during the same periods. <BR><BR>The stock has also demonstrated impressive long-term growth, with a year-to-date increase of 26.92% and a one-year increase of 28.29%, while the Sensex has fallen by 13.72% and 10.54% in those time frames. Over the last three years, Miven Machine Tools Ltd has skyrocketed by 816.67%, compared to the Sensex's modest gain of 16.99%. <BR><BR>However, the stock's current decline may be attributed to its negative book value of Rs 5.99 crore and a weak long-term fundamental strength, as indicated by a poor annual growth rate of net sales at -8.00% and an operating profit of 0% over the last five years. Additionally, the company has recorded a negative EBITDA of Rs -0.52 crore, which adds to the perception of risk associated with the stock. <BR><BR>While the stock is trading above its moving averages and has seen rising investor participation, the erratic trading pattern, with the stock not trading on three days out of the last twenty, may also contribute to its current price fluctuation. Overall, despite its recent price drop, Miven Machine Tools Ltd has shown strong performance metrics in the short and long term, but underlying financial weaknesses may be causing investor caution.

Which are the latest news on Miven Mach. Tool?

Should I buy, sell or hold Miven Machine Tools Ltd?

Are Miven Machine Tools Ltd latest results good or bad?

Miven Machine Tools Ltd's latest results are concerning, showing a net loss of ₹0.15 crores and zero revenue for the sixth consecutive quarter, indicating severe operational issues and negative equity. Overall, the financial performance suggests a company in distress with no clear path to recovery.

Miven Machine Tools Ltd's latest results are quite concerning. In Q2 FY26, the company reported a net loss of ₹0.15 crores with zero revenue, marking the sixth consecutive quarter without any sales. This trend highlights a severe operational failure, as the company has not generated any meaningful income since December 2024.<BR><BR>Additionally, the company's financial health is troubling, with a book value per share of negative ₹18.37, indicating negative equity and raising significant concerns about its solvency. The total shareholder funds are reported as negative ₹5.52 crores, reflecting accumulated losses that far exceed its share capital.<BR><BR>While the stock experienced a slight increase of 4.96% recently, this short-term movement does little to alleviate the underlying issues of operational paralysis and ongoing cash burn. Overall, the financial performance suggests a company in distress, with no clear path to recovery. Therefore, the latest results can be characterized as bad, reflecting a critical situation for Miven Machine Tools Ltd.

How has been the historical performance of Miven Mach. Tool?

Miven Mach. Tool has experienced a severe decline in financial performance, with net sales dropping from 2.49 crore in March 2022 to zero by March 2025, resulting in significant losses and a complete halt in revenue generation. Total liabilities and assets also decreased significantly during this period, reflecting a deteriorating financial health.

Answer:<BR>The historical performance of Miven Mach. Tool shows a significant decline in financial metrics over the years, particularly from March 2023 to March 2025.<BR><BR>Breakdown:<BR>Miven Mach. Tool's net sales have decreased dramatically from 2.49 crore in March 2022 to zero in March 2025, indicating a complete halt in revenue generation. The total operating income followed a similar trend, dropping from 2.49 crore in March 2022 to zero in March 2025. The company's expenditures also saw a decline, with total expenditure excluding depreciation falling from 7.48 crore in March 2020 to 0.73 crore in March 2025. Operating profit (PBDIT) turned negative, with a loss of 0.61 crore in March 2025 compared to a profit of 7.02 crore in March 2020. Profit after tax also reflected this downward trend, moving from a profit of 5.71 crore in March 2020 to a loss of 0.61 crore in March 2025. The company's total liabilities decreased from 3.96 crore in March 2020 to 0.14 crore in March 2025, while total assets also fell from 3.96 crore to 0.14 crore in the same period. The cash flow from operating activities was positive at 4.00 crore in March 2023 but has since dropped to zero by March 2025. Overall, Miven Mach. Tool has experienced a severe decline in financial health, culminating in zero revenues and significant losses in recent years.

When is the next results date for Miven Mach. Tool?

Miven Mach. Tool will declare its results on 06 August 2025.

Miven Mach. Tool will declare its results on 06 August 2025.

How big is Miven Mach. Tool?

As of 23rd July, Miven Machine Tools Ltd has a market capitalization of 26.00 Cr, categorized as a Micro Cap company, with reported net sales of 0.00 Cr and a net loss of 0.62 Cr in the latest four quarters. The balance sheet for March 2024 shows shareholder's funds of -4.90 Cr and total assets of 0.11 Cr.

As of 23rd July, Miven Machine Tools Ltd has a market capitalization of 26.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Miven Machine Tools Ltd reported net sales of 0.00 Cr and a net loss of 0.62 Cr.<BR><BR>The latest annual reporting period for the balance sheet is March 2024, showing shareholder's funds of -4.90 Cr and total assets of 0.11 Cr.

What does Miven Mach. Tool do?

Miven Machine Tools Ltd manufactures turning machines and operates in the Industrial Manufacturing sector as a Micro Cap company. It was incorporated in 1985 and reported a net profit of -2 Cr for March 2025, with a market cap of INR 21 Cr.

Overview:<BR>Miven Machine Tools Ltd is engaged in the manufacturing of turning machines and operates within the Industrial Manufacturing sector, classified as a Micro Cap company.<BR><BR>History:<BR>The company was originally incorporated in 1985 as Giddings & Lewis India Ltd, promoted by Mysore Kirloskar in collaboration with The Warner and Swasey Company. It later transitioned to its current name after acquiring the 38% equity stake from its Indian promoters. The latest quarterly results reported are for March 2025.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: -2 Cr (Quarterly Results - Mar 2025)<BR>Market-cap value: INR 21 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A<BR>Industry P/E: 33<BR>Dividend Yield: 0.00%<BR>Debt-Equity: -0.54<BR>Return on Equity: 15.40%<BR>Price to Book: -3.79<BR><BR>Contact Details:<BR>Address: Tarihal Industrial Area, Tarihal Hubballi Karnataka : 580026<BR>Phone: 91-0836-2212221-24<BR>Email: mmtsecretarial@gmail.com<BR>Website: http://www.mivenmachinetools.com

Who are the top shareholders of the Miven Mach. Tool?

The top shareholder of Miven Mach. Tool is Sundeep Reddy Katta, who holds 37.5% of the shares. Individual investors own 21.58%, while the highest public shareholder, Anil Kumar, holds 2.13%.

The top shareholders of Miven Mach. Tool are primarily its promoters, with Sundeep Reddy Katta holding the largest share at 37.5%. There are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors (FIIs) holding shares. The highest public shareholder is Anil Kumar, who owns 2.13%. Additionally, individual investors collectively hold 21.58% of the company's shares.

Is Miven Mach. Tool overvalued or undervalued?

As of April 25, 2023, Miven Mach. Tool's valuation has deteriorated to "risky," with unfavorable financial metrics, including a negative PE ratio of -23.18, and it has significantly underperformed against peers and the Sensex, showing year-to-date and one-year returns of -27.13% and -27.95%, respectively.

As of 25 April 2023, Miven Mach. Tool's valuation grade has moved from does not qualify to risky, indicating a significant deterioration in its financial standing. The company appears to be overvalued, as evidenced by its negative PE ratio of -23.18, an EV to EBIT of -26.15, and an EV to Capital Employed of -10.25. These ratios suggest that the company's financial metrics are not only unfavorable but also indicative of underlying issues.<BR><BR>In comparison to its peers, Miven Mach. Tool's valuation stands out unfavorably against companies like Rail Vikas Nigam Ltd., which has a PE ratio of 69.76, and Tube Investments of India Ltd., with a PE of 87.5. Such stark contrasts highlight the company's precarious position within the industrial manufacturing sector. Additionally, Miven Mach. Tool has underperformed against the Sensex, particularly in the year-to-date and one-year periods, with returns of -27.13% and -27.95%, respectively, compared to the Sensex's positive returns.

What is the technical trend for Miven Mach. Tool?

As of June 3, 2025, Miven Mach. Tool's technical trend has shifted to bearish, supported by negative signals from the MACD, moving averages, and KST across weekly and monthly charts.

As of 3 June 2025, the technical trend for Miven Mach. Tool has changed from mildly bearish to bearish. The weekly MACD is bearish, and the daily moving averages also indicate a bearish stance. The KST on a weekly basis is bearish, while the monthly KST is mildly bearish. The Bollinger Bands show a bearish trend on the weekly chart, and Dow Theory reflects a mildly bearish outlook on both weekly and monthly time frames. Overall, the current technical stance is bearish with moderate strength, driven primarily by the bearish signals from MACD, moving averages, and KST.

Who are in the management team of Miven Mach. Tool?

As of March 2022, the management team of Miven Mach. Tool consists of Vikram R Sirur (Managing Director), Nandan M Balwalli (Independent Director), Anand Bindurao Kamalapur (Independent Director), and Alka Vikram Sirur (Non-Executive Director).

As of March 2022, the management team of Miven Mach. Tool includes the following individuals:<BR><BR>1. Vikram R Sirur - Managing Director<BR>2. Nandan M Balwalli - Independent Director<BR>3. ANAND BINDURAO KAMALAPUR - Independent Director<BR>4. Alka Vikram Sirur - Non Executive Director<BR><BR>These members play various roles within the company's governance structure.

Has Miven Mach. Tool declared dividend?

No Dividend History Available

Who are the peers of the Miven Mach. Tool?

Miven Mach. Tool's peers include Kaynes Tech, Honeywell Auto, Jyoti CNC Auto., LMW, and others. Kaynes Tech shows the highest 1-year return at 65.93%, while Miven Mach. Tool has a return of -32.45%.

Peers: The peers of Miven Mach. Tool are Kaynes Tech, Honeywell Auto, Jyoti CNC Auto., LMW, Jupiter Wagons, Harish Textile, Sterling Powerg., Lippi Systems, Arrowhead Sepera, and Falcon.<BR><BR>Quality Snapshot: Excellent management risk is observed at Kaynes Tech, Jyoti CNC Auto., and Arrowhead Sepera, while Good management risk is found at Honeywell Auto and Jyoti CNC Auto. Average management risk is noted at Kaynes Tech, LMW, and Jupiter Wagons, while Below Average management risk is seen at Harish Textile, Sterling Powerg., Lippi Systems, and Falcon. Growth is Excellent for Kaynes Tech, Jyoti CNC Auto., and Jupiter Wagons, while Below Average growth is found at Honeywell Auto, LMW, Harish Textile, Sterling Powerg., Lippi Systems, and Arrowhead Sepera. Capital Structure is Excellent for Honeywell Auto and LMW, while Good capital structure is observed at Kaynes Tech and Jyoti CNC Auto., and Below Average at Harish Textile, Sterling Powerg., Lippi Systems, and Falcon.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Kaynes Tech at 65.93%, while the peer with the lowest is Honeywell Auto at -26.32%. Miven Mach. Tool's own 1-year return is -32.45%, which is lower than both of these peers. Additionally, Harish Textile, Sterling Powerg., Lippi Systems, Arrowhead Sepera, and Falcon all have negative six-month returns.