Are Mihika Industries Ltd latest results good or bad?
2026-05-29 19:51:47Mihika Industries Ltd's latest financial results for Q4 FY26 reveal significant challenges for the company. The net sales for the quarter amounted to ₹0.45 crores, reflecting a dramatic year-on-year decline of 98.38%. While there was a sequential improvement of 104.55% compared to the previous quarter, this increase is minimal when considering the extremely low revenue base. The net profit reported was ₹0.01 crores, a marginal improvement from a loss in the same quarter last year, but this is overshadowed by the persistent operational difficulties. The operating margin, excluding other income, stood at negative 33.33%, indicating ongoing operational losses that have worsened compared to the previous year. Furthermore, the return on equity (ROE) was reported at 0.94%, which is below the five-year average, highlighting a lack of value creation for shareholders. The company's dependency on other income to ...
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Mihika Industries Q4 FY26: Revenue Collapse and Mounting Losses Signal Deepening Crisis
2026-05-29 09:33:13Mihika Industries Ltd., a Kolkata-based micro-cap trading and distribution company, reported deeply concerning results for the quarter ended March 2026, with revenue collapsing 98.38% year-on-year to just ₹0.45 crores. The company posted a marginal net profit of ₹0.01 crores in Q4 FY26, a dramatic reversal from the ₹0.73 crore loss in the same quarter last year, though this improvement masks deteriorating operational fundamentals. With a market capitalisation of just ₹15.00 crores and the stock trading at ₹13.38—down 48.14% from its 52-week high—investors face a company struggling with persistent operational challenges and an uncertain business trajectory.
Read full news articleClosure of Trading Window
30-Jun-2026 | Source : BSEIntimation of Closure of Trading Window
Board Meeting Outcome for Outcome Of The Board Meeting
23-Jun-2026 | Source : BSEPursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we hereby inform you that meeting of the Board of Directors of the Company held today i.e. Tuesday 23rd June 2026 at the Corporate Office of the Company situated B-1810 Navratna Corporate Park Ashok Vatika Ambli Ahmedabad Gujarat- 380 058 which commenced at 5:00 P.M. and concluded at 6:00 P.M. inter-alia has considered and approved the Appointment of M/s. Sarang Shivajirao Chavan & Associates Chartered Accountant (FRN: 159649W) Ahmedabad as an Internal Auditor of the Company for the Financial Year 2026-27.
Announcement Under Regulation 30 (LODR) - Appointment Of Internal Auditor
23-Jun-2026 | Source : BSEAppointment under Regulation 30 (LODR) - Appointment of Internal Auditor
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