MarketFriction

Mishka Exim Ltd

BSE 539220 · Gems, Jewellery And Watches
₹43.01 -4.74%
BSE close2026-10-01
Market cap₹62.1 Cr.
P/E31.9

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue from operations0.310.383.261.431.210.541.492.098.818.023.426.99
Operating costs0.370.472.831.361.120.631.351.918.247.222.586.83
EBITDA-0.06-0.090.430.070.09-0.090.140.180.570.800.840.16
EBITDA margin %-19.35%-23.68%13.19%4.90%7.44%-16.67%9.40%8.61%6.47%9.98%24.56%2.29%
Depreciation & amortisation0.040.040.040.030.030.030.030.030.030.030.030.03
Finance costs0.000.000.030.000.000.000.030.000.010.010.000.01
Non-operating income0.060.180.070.030.110.170.090.090.090.090.110.09
Pre-tax profit-0.040.050.430.070.170.050.170.240.620.850.920.21
Effective tax rate %75.00%20.00%27.91%42.86%17.65%20.00%29.41%25.00%25.81%24.71%25.00%23.81%
Profit after tax-0.070.040.310.040.140.040.120.180.470.630.690.16
Earnings per share (Rs)-0.050.030.210.030.100.030.080.120.330.440.480.11
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Revenue from operations14.7123.198.768.223.523.1718.1113.614.074.6722.3527.24
Operating costs15.0223.108.768.014.162.8318.4314.093.814.4119.5524.87
EBITDA-0.310.090.000.21-0.640.34-0.32-0.480.260.262.802.37
EBITDA margin %-2.11%0.39%0.00%2.55%-18.18%10.73%-1.77%-3.53%6.39%5.57%12.53%8.70%
Depreciation & amortisation0.120.200.170.160.150.140.130.130.140.120.110.12
Finance costs0.000.000.000.000.000.000.020.030.030.040.030.03
Non-operating income0.030.170.220.090.070.070.020.060.310.35-0.020.38
Pre-tax profit-0.400.060.050.14-0.720.27-0.45-0.580.400.452.642.60
Effective tax rate %-10.00%-116.67%100.00%0.00%1.39%3.70%-102.22%-22.41%37.50%26.67%25.38%
Profit after tax-0.370.130.010.14-0.730.260.01-0.450.250.331.981.95
Earnings per share (Rs)-0.260.090.010.10-0.510.180.01-0.310.170.231.371.36
Paid out as dividend %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
10 Years5 Years3 YearsTTM1 YearLast Year
Revenue CAGR4%48%18%411%
Profit CAGR23%54%110%306%
Share price CAGR5%5%13%25%
Average return on equity1%2%4%10%
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Net block (property, plant)3.363.183.012.852.712.572.442.342.232.102.00
Capital work in progress0.000.000.000.000.000.000.000.000.000.000.00
Investments2.338.9114.7115.2314.5713.9916.0016.2816.6516.7616.96
Current & other assets8.627.225.635.475.005.425.354.684.897.048.53
Total assets14.3119.3123.3523.5522.2821.9823.7923.3023.7725.9027.49
Share capital14.4514.4514.4514.4514.4514.4514.4514.4514.4514.4514.45
Reserves & surplus-0.351.296.406.565.305.227.216.647.177.599.74
Total debt0.000.000.000.000.000.000.280.360.030.270.08
Other liabilities & provisions0.213.572.502.542.532.311.851.852.123.593.22
Equity + liabilities14.3119.3123.3523.5522.2821.9823.7923.3023.7725.9027.49
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating cash flow0.962.760.880.11-0.78-0.11-0.420.160.06-0.57-0.05
Investing cash flow-5.32-3.850.04-0.430.190.050.13-0.130.180.280.35
Free cash flow (after capex)-2.452.760.880.11-0.78-0.11-0.420.140.06-0.57-0.05
Financing cash flow5.230.380.000.000.000.000.260.06-0.360.22-0.22
Net change in cash0.87-0.700.91-0.33-0.59-0.06-0.030.08-0.12-0.070.08
Cash conversion (OCF / EBITDA) %-313%3,078%57%117%-32%131%-33%23%-219%-2%
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Return on capital employed %0.37%-0.77%0.67%-3.50%1.35%-1.47%-1.87%2.06%2.29%12.99%
Receivable days0.0024.710.009.770.000.0011.4913.68122.8672.6957.81
Inventory days108.8478.03150.99188.89315.62512.4087.15100.29336.92539.3387.87
Payable days0.0022.570.440.000.000.000.000.000.00121.672.47
Cash cycle (days)108.8480.17150.55198.66315.62512.4098.63113.97459.79490.35143.21
Working capital days184.3683.89184.58202.93490.47598.7498.76108.61418.81419.71125.26
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoter group %51.88%50.42%50.42%50.42%50.42%51.71%54.87%58.77%59.21%59.21%58.59%58.65%
Retail & others %48.12%49.58%49.58%49.59%49.58%48.30%45.14%41.22%40.79%40.79%41.42%41.35%
Shareholder count4124525956146386338131,1291,8881,6621,5841,516

Fundamentals

Market value₹ 62.1 Cr.
Last price₹ 43.0
P/E (trailing)31.9
Book value / share₹ 16.7
Return on capital13.0 %
Return on equity9.82 %
Dividend yield0.00 %
Face value₹ 10.0
Revenue CAGR (TTM)411%
Profit CAGR (TTM)306%
Consolidated figures.
Valuation
Market capRs 62 Cr
Enterprise valueRs 62 Cr
P/E (TTM)31.87x
Price to book2.57x
Price to sales2.28x
EV / EBITDA22.58x
EV / EBIT23.61x
EV / sales2.28x
Earnings yield3.14%
P/E, 3-year average112.35x
P/B, 3-year average2.11x
P/E, 5-year average1077.70x
P/B, 5-year average2.63x
Profitability
Operating margin (excl. other income)12.53%
Operating margin (incl. other income)12.44%
EBITDA margin10.10%
Pre-tax margin9.54%
Net profit margin7.16%
Net margin, latest quarter2.29%
ROE8.57%
ROCE11.46%
ROA7.42%
ROE, 3-year average3.75%
ROCE, 3-year average5.23%
ROA, 3-year average3.27%
ROE, 5-year average1.84%
ROCE, 5-year average2.22%
ROA, 5-year average1.59%
ROIC (approx.)8.13%
Tax rate25.38%
Other income / net worth-0.08%
Growth
Sales growth (latest year)378.59%
Profit growth (latest year)500.00%
Sales CAGR, 3 years17.98%
Sales CAGR, 5 years47.79%
Profit CAGR, 5 years50.09%
Sales growth QoQ104.39%
Profit growth QoQ-76.81%
Sales growth YoY (latest quarter)234.45%
Profit growth YoY (latest quarter)-11.11%
Per share
EPS (TTM)Rs 1.35
EPS (latest year)Rs 1.37
EPS (latest quarter)Rs 0.11
EPS, 3-year averageRs 0.59
EPS, 5-year averageRs 0.29
Book value per shareRs 16.74
Sales per shareRs 18.85
Cash flow per shareRs -0.03
Efficiency
Asset turnover0.81x
Fixed asset turnover11.18x
Inventory turnover4.17x
Inventory days88 days
Debtor days58 days
Debtors turnover6.31x
Leverage
Total debtRs 0 Cr
Cash and bankRs 0 Cr
Net debtRs -0 Cr
Debt to equity0.00x
Net debt / EBITDA-0.02x
Interest coverage87.67x
Owners' fund to total sources88.00%
Debt to assets0.29%
Cash flow
Operating cash flow (latest year)Rs -0 Cr
Investing cash flow (latest year)Rs 0 Cr
Financing cash flow (latest year)Rs -0 Cr
Net change in cash (latest year)Rs 0 Cr
Statement figures
Net sales (TTM)Rs 27 Cr
Net sales (latest year)Rs 22 Cr
Sales (latest quarter)Rs 7 Cr
Operating profit excl. other income (latest year)Rs 3 Cr
Operating profit (latest quarter)Rs 0 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 3 Cr
PBDT (TTM)Rs 3 Cr
Profit before tax (TTM)Rs 3 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 2 Cr
Net profit (latest year)Rs 2 Cr
Net profit (latest quarter)Rs 0 Cr
Depreciation (TTM)Rs 0 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 19 Cr
Total expenditure (latest year)Rs 20 Cr
Total income (latest year)Rs 22 Cr
Share capitalRs 14 Cr
ReservesRs 10 Cr
Shareholders' fundsRs 24 Cr
Total assetsRs 27 Cr
Net blockRs 2 Cr
InvestmentsRs 17 Cr
ReceivablesRs 4 Cr
InventoryRs 5 Cr
Other liabilitiesRs 3 Cr
Shares outstanding (crore)1.45
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 31.9 is at the 5th percentile of its own 5.2-year range (median 192.8, low 29.2, high 377.9).
P/B 2.57 is at the 71th percentile (median 2.34).
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.
Period539220Nifty 50Difference
1 week+4.3%-2.8% +7.1 pts
1 month+0.0%-6.8% +6.8 pts
3 months+8.1%-7.6% +15.7 pts
3 years+38.3%+14.2% +24.1 pts
5 years+23.9%+27.9% -3.9 pts

Red flags

F-score 6 of 8
explainWeak cash conversion Cash from operations was -22% of net profit over the last 3 years
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 2026
Sales ₹7 Cr +234.4% vs Jun 2025. Net profit ₹0 Cr -11.1%.

Activity

Compare
CompanyMcap (Cr)P/EROCE
Titan Company Ltd415,04071.120.5 %
Kalyan Jewellers India Ltd58,74840.221.2 %
Lalithaa Jewellery Mart Ltd20,98922.038.0 %
Thangamayil Jewellery Ltd16,17741.225.5 %
PC Jeweller Ltd12,97616.79.60 %
Sky Gold & Diamonds Ltd12,71338.027.0 %
Bluestone Jewellery & Lifestyle Ltd12,3152196.78 %
P N Gadgil Jewellers Ltd8,61219.221.0 %
Timex Group India Ltd7,36082.582.8 %
Ethos Ltd6,66263.110.4 %
Senco Gold Ltd5,3639.4021.2 %
Goldiam International Ltd4,86123.025.8 %
KDDL Ltd4,83649.311.7 %
Tribhovandas Bhimji Zaveri Ltd4,18419.621.9 %
D.P. Abhushan Ltd3,79615.839.6 %
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 Mishka Exim Ltd?

Mishka Exim Ltd (539220) has a market capitalisation of Rs 62.1 Cr. at the 2026-10-01 close.

What is the P/E ratio of Mishka Exim Ltd?

Mishka Exim Ltd trades at a P/E of 31.9 on trailing twelve-month profit, at the 2026-10-01 close.

What were Mishka Exim Ltd's latest quarterly results?

In the Jun 2026 quarter, Mishka Exim Ltd sales was Rs 7 Cr (+234.4% vs Jun 2025) and net profit was Rs 0 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03