Price
Financials
Standalone, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0.00 | 0.00 | 6.20 | 0.08 | 6.34 | 0.55 | 27.77 | 1.66 | 0.35 | 0.22 | 0.45 | 0.45 |
| Expenses | 0.34 | 0.16 | 6.18 | 0.15 | 6.01 | 0.53 | 28.52 | 1.79 | 0.44 | 0.34 | 0.60 | 0.58 |
| Operating Profit | -0.34 | -0.16 | 0.02 | -0.07 | 0.33 | 0.02 | -0.75 | -0.13 | -0.09 | -0.12 | -0.15 | -0.13 |
| OPM % | 0.32% | -87.50% | 5.21% | 3.64% | -2.70% | -7.83% | -25.71% | -54.55% | -33.33% | -28.89% | ||
| Other Income | 0.25 | 0.13 | 0.27 | 0.26 | 0.26 | 0.27 | -0.20 | 0.15 | 0.15 | 0.14 | 0.14 | 0.14 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | -0.09 | -0.03 | 0.29 | 0.19 | 0.59 | 0.29 | -0.95 | 0.02 | 0.06 | 0.02 | -0.01 | 0.01 |
| Tax % | 0.00% | 0.00% | 0.00% | 26.32% | 25.42% | 24.14% | -23.16% | 50.00% | 33.33% | 50.00% | -300.00% | 0.00% |
| Net Profit | -0.09 | -0.03 | 0.29 | 0.14 | 0.44 | 0.21 | -0.73 | 0.01 | 0.04 | 0.01 | 0.01 | 0.01 |
| EPS in Rs | -0.09 | -0.03 | 0.29 | 0.14 | 0.44 | 0.21 | -0.73 | 0.01 | 0.04 | 0.01 | 0.01 | 0.01 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1.23 | 1.77 | 1.83 | 1.77 | 2.04 | 1.78 | 1.76 | 0.00 | 6.20 | 34.74 | 2.68 | 1.47 |
| Expenses | 1.90 | 3.14 | 3.26 | 3.42 | 3.45 | 3.21 | 3.20 | 4.45 | 6.89 | 35.23 | 3.17 | 1.96 |
| Operating Profit | -0.67 | -1.37 | -1.43 | -1.65 | -1.41 | -1.43 | -1.44 | -4.45 | -0.69 | -0.49 | -0.49 | -0.49 |
| OPM % | -54.47% | -77.40% | -78.14% | -93.22% | -69.12% | -80.34% | -81.82% | -11.13% | -1.41% | -18.28% | -33.33% | |
| Other Income | 0.69 | 1.50 | 1.30 | 1.21 | 1.34 | 1.21 | 1.42 | 1.21 | 0.88 | 0.60 | 0.58 | 0.57 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.00 | 0.00 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.02 | 0.13 | -0.14 | -0.45 | -0.07 | -0.22 | -0.02 | -3.24 | 0.19 | 0.11 | 0.09 | 0.08 |
| Tax % | 50.00% | 15.38% | -28.57% | -22.22% | -28.57% | -27.27% | 0.00% | -25.62% | 10.53% | 54.55% | 0.00% | |
| Net Profit | 0.01 | 0.11 | -0.09 | -0.35 | -0.05 | -0.16 | -0.02 | -2.42 | 0.18 | 0.05 | 0.09 | 0.07 |
| EPS in Rs | 0.01 | 0.11 | -0.09 | -0.35 | -0.05 | -0.16 | -0.02 | -2.42 | 0.18 | 0.05 | 0.09 | 0.07 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 8% | 9% | % | -96% | ||
| Compounded Profit Growth | % | 18% | 27% | 200% | ||
| Stock Price CAGR | % | % | -23% | -37% | ||
| Return on Equity | -1% | -2% | 0% | 0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Reserves | 14.74 | 14.75 | 14.74 | 14.64 | 14.29 | 14.25 | 14.09 | 14.07 | 11.65 | 11.83 | 11.88 | 11.97 |
| Borrowings | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.16 | 0.16 |
| Other Liabilities | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.43 | 0.18 | 0.02 | 0.03 |
| Total Liabilities | 24.74 | 24.76 | 24.74 | 24.64 | 24.29 | 24.25 | 24.09 | 24.07 | 22.08 | 22.02 | 22.06 | 22.16 |
| Fixed Assets | 0.00 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 1.29 | 0.92 | 0.43 | 0.93 | 0.81 | 0.04 | 0.04 | 0.12 | 0.33 | 0.00 | 0.00 | 0.00 |
| Other Assets | 23.45 | 23.83 | 24.30 | 23.70 | 23.48 | 24.21 | 24.05 | 23.95 | 21.75 | 22.02 | 22.06 | 22.16 |
| Total Assets | 24.74 | 24.76 | 24.74 | 24.64 | 24.29 | 24.25 | 24.09 | 24.07 | 22.08 | 22.02 | 22.06 | 22.16 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 3.76 | 0.60 | -2.19 | 0.70 | -2.37 | -2.49 | -1.51 | 0.20 | 0.48 | -0.86 | 19.89 | -2.88 |
| Cash from Investing Activity | -5.17 | -2.15 | 1.85 | 0.79 | 1.33 | 2.11 | 1.52 | -0.03 | -0.27 | 0.33 | -20.07 | 2.89 |
| Cash from Financing Activity | 0.49 | 0.92 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.15 | 0.00 |
| Net Cash Flow | -0.92 | -0.63 | -0.35 | 1.49 | -1.04 | -0.38 | 0.02 | 0.17 | 0.21 | -0.53 | -0.02 | 0.01 |
| Free Cash Flow | 3.76 | 0.60 | -2.20 | 0.70 | -2.37 | -2.49 | -1.51 | 0.20 | 0.48 | -0.86 | 19.89 | -2.88 |
| CFO/OP | -684% | -90% | 158% | -51% | 144% | 177% | 106% | -14% | -13% | 123% | -4,065% | 588% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 65.77 | 59.35 | 41.24 | 0.00 | 0.00 | 12.52 | 34.86 | 0.00 | 365.00 | 9.46 | 213.82 | |
| Inventory Days | 6.46 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 290.74 | |
| Days Payable | 0.00 | 3.78 | ||||||||||
| Cash Conversion Cycle | 72.23 | 59.35 | 41.24 | 0.00 | 0.00 | 12.52 | 34.86 | 0.00 | 365.00 | 9.46 | 500.79 | |
| Working Capital Days | 7,352.61 | 6,935.00 | 4,990.40 | 4,395.96 | 4,693.45 | 4,267.28 | 4,841.38 | 4,838.32 | 1,219.81 | 7.99 | 528.43 | |
| ROCE % | -0.65% | 0.00% | -1.66% | -0.73% | -1.14% | -0.33% | -1.41% | -0.42% | -13.91% | 0.55% | 0.50% | 0.41% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 47.14% | 47.14% | 47.14% | 47.14% | 47.14% | 47.14% | 47.14% | 47.14% | 47.14% | 47.14% | 47.14% | 47.14% |
| Public | 52.86% | 52.86% | 52.85% | 52.86% | 52.86% | 52.86% | 52.86% | 52.86% | 52.87% | 52.87% | 52.85% | 52.85% |
| No. of Shareholders | 439 | 526 | 594 | 795 | 859 | 945 | 953 | 948 | 967 | 961 | 969 | 981 |
Fundamentals
Market Cap₹ 11.3 Cr.
Current Price₹ 11.3
Stock P/E161
Book Value₹ 22.0
ROCE0.41 %
ROE0.41 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-96%
Compounded Profit Growth (TTM)200%
Standalone figures.
Valuation
Market capRs 11 Cr
Enterprise valueRs 12 Cr
P/E (TTM)163.57x
Price to book0.52x
Price to sales7.79x
EV / EBITDA144.75x
EV / EBIT144.75x
EV / sales7.88x
Earnings yield0.61%
P/E, 3-year average219.53x
P/B, 3-year average0.85x
P/E, 5-year average219.53x
P/B, 5-year average0.89x
Profitability
Operating margin (excl. other income)-18.28%
Operating margin (incl. other income)3.36%
EBITDA margin5.44%
Pre-tax margin5.44%
Net profit margin4.76%
Net margin, latest quarter2.22%
ROE0.41%
ROCE0.41%
ROA0.41%
ROE, 3-year average0.49%
ROCE, 3-year average0.59%
ROA, 3-year average0.48%
ROE, 5-year average-1.84%
ROCE, 5-year average-2.49%
ROA, 5-year average-1.82%
ROIC (approx.)0.36%
Other income / net worth2.64%
Growth
Sales growth (latest year)-92.29%
Profit growth (latest year)80.00%
Sales CAGR, 5 years8.53%
Sales growth QoQ0.00%
Profit growth QoQ0.00%
Sales growth YoY (latest quarter)-72.89%
Profit growth YoY (latest quarter)0.00%
Per share
EPS (TTM)Rs 0.07
EPS (latest year)Rs 0.09
EPS (latest quarter)Rs 0.01
EPS, 3-year averageRs 0.11
EPS, 5-year averageRs -0.42
Book value per shareRs 21.97
Sales per shareRs 1.47
Cash flow per shareRs -2.88
Free cash flow per shareRs -2.88
Efficiency
Asset turnover0.12x
Inventory turnover1.26x
Inventory days291 days
Debtor days214 days
Debtors turnover1.71x
Creditor days4 days
Cash conversion cycle501 days
Working capital days528 days
Leverage
Total debtRs 0 Cr
Cash and bankRs 0 Cr
Net debtRs 0 Cr
Debt to equity0.01x
Net debt / EBITDA1.62x
Owners' fund to total sources99.14%
Debt to assets0.72%
Cash flow
Cash from Operating Activity (latest year)Rs -3 Cr
Cash from Investing Activity (latest year)Rs 3 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs -3 Cr
FCFE (approx.: FCF + change in debt)Rs -3 Cr
Statement figures
Net sales (TTM)Rs 1 Cr
Net sales (latest year)Rs 3 Cr
Sales (latest quarter)Rs 0 Cr
Operating profit excl. other income (latest year)Rs -0 Cr
Operating profit (latest quarter)Rs -0 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 0 Cr
PBDT (TTM)Rs 0 Cr
Profit before tax (TTM)Rs 0 Cr
Net profit (TTM)Rs 0 Cr
Net profit (latest year)Rs 0 Cr
Net profit (latest quarter)Rs 0 Cr
Cost of goods sold (latest year)Rs 3 Cr
Total expenditure (latest year)Rs 3 Cr
Total income (latest year)Rs 3 Cr
Share capitalRs 10 Cr
ReservesRs 12 Cr
Shareholders' fundsRs 22 Cr
Total assetsRs 22 Cr
ReceivablesRs 2 Cr
InventoryRs 2 Cr
Other liabilitiesRs 0 Cr
Shares outstanding (crore)1.00
Ownership
Promoter holding47.14% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/B 0.52 is at the 6th percentile (median 1.00).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | 538895 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -3.3% | -2.8% | -0.5 pts |
| 1 month | +6.1% | -6.8% | +12.9 pts |
| 3 months | -20.4% | -7.6% | -12.8 pts |
| 3 years | -54.2% | +14.2% | -68.4 pts |
| 5 years | -42.2% | +27.9% | -70.1 pts |
Red flags
F-score 4 of 8| explain | High accruals Profit exceeded operating cash by 13% of total assets in 2026 |
| explain | Receivables outrunning sales Receivables grew 74% vs sales -92% in 2026 |
| look | Profit leans on other income Other income was 644% of pre-tax profit in 2026 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹0 Cr -72.9% vs Jun 2025.
Net profit ₹0 Cr +0.0%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Redington Ltd | 31,697 | 17.6 | 18.4 % |
| MMTC Ltd | 8,514 | 42.3 | 8.67 % |
| MSTC Ltd | 5,028 | 21.5 | 30.3 % |
| BN Agrochem Ltd | 1,898 | 111 | 4.44 % |
| Creative Newtech Ltd | 1,646 | 22.3 | 18.8 % |
| Pervasive Commodities Ltd | 1,049 | 22.1 % | |
| RRP Defense Ltd | 843 | -11.1 % | |
| Yamuna Syndicate Ltd | 784 | 8.56 | 4.17 % |
| Shiv Aum Steels Ltd | 742 | 77.9 | 8.20 % |
| State Trading Corporation of India Ltd | 644 | 13.3 | % |
| Arvaya Healthcare Ltd | 600 | 451 | % |
| SMT Engineering Ltd | 596 | 24.3 | 25.4 % |
| HP Telecom India Ltd | 528 | 20.7 | 19.9 % |
| Riddhi Siddhi Gluco Biols Ltd | 527 | 37.2 | 2.74 % |
| Oswal Agro Mills Ltd | 474 | 2.03 % |
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Mihika Industries Ltd?
Mihika Industries Ltd (538895) has a market capitalisation of Rs 11.3 Cr. at the 2026-10-01 close.
What is the P/E ratio of Mihika Industries Ltd?
Mihika Industries Ltd trades at a P/E of 161 on trailing twelve-month profit, at the 2026-10-01 close.
What were Mihika Industries Ltd's latest quarterly results?
In the Jun 2026 quarter, Mihika Industries Ltd sales was Rs 0 Cr (-72.9% vs Jun 2025) and net profit was Rs 0 Cr.