Sharescart Research Club logo

Mihika Industries Overview

Mihika Industries Ltd. is an Indian manufacturing company specializing in the production, processing, and supply of a diverse range of industrial and consumer products, with a strong focus on chemicals, plastics, and allied materials. The company serves multiple sectors including construction, packaging, automotive, textiles, and general manufacturing, providing products such as chemical intermediates, polymer-based solutions, molded components, and other value-added industrial materials. By combining in-house research and development capabilit...Read More

Want to Start Investing in Top Unlisted Stocks?

Our experts help you choose the right stocks based on performance, risk, and growth potential.

Mihika Industries Key Financials

Market Cap ₹13 Cr.

Stock P/E 234.8

P/B 0.6

Current Price ₹12.8

Book Value ₹ 22

Face Value 10

52W High ₹27

Dividend Yield 0%

52W Low ₹ 7.1

Mihika Industries Share Price

| |

Volume
Price

Mihika Industries Quarterly Price

Show Value Show %

Mihika Industries Peer Comparison

Mihika Industries Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 0 0 6 0 6 1 28 2 0 0
Other Income 0 0 0 0 0 0 -0 0 0 0
Total Income 0 0 6 0 7 1 28 2 0 0
Total Expenditure 0 0 6 0 6 1 29 2 0 0
Operating Profit -0 -0 0 0 1 0 -1 0 0 0
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax -0 -0 0 0 1 0 -1 0 0 0
Provision for Tax 0 0 -0 0 0 0 -0 0 0 0
Profit After Tax -0 -0 0 0 0 0 -1 0 0 0
Adjustments 0 0 -0 -0 0 -0 0 0 0 -0
Profit After Adjustments -0 -0 0 0 0 0 -1 0 0 0
Adjusted Earnings Per Share -0.1 -0 0.3 0.1 0.4 0.2 -0.7 0 0 0

Mihika Industries Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 1 1 2 2 2 2 2 2 0 6 35 30
Other Income 1 1 2 2 1 1 2 1 1 1 1 0
Total Income 2 2 3 3 3 3 3 3 1 7 35 30
Total Expenditure 2 2 3 4 4 3 4 3 5 7 35 31
Operating Profit 0 0 0 -0 -0 -0 -0 -0 -3 0 0 -1
Interest 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 0 0 0 -0 -0 -0 -0 -0 -3 0 0 -1
Provision for Tax 0 0 0 -0 -0 -0 -0 0 -1 0 0 0
Profit After Tax 0 0 0 -0 -0 -0 -0 -0 -2 0 0 -1
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 0 0 0 -0 -0 -0 -0 -0 -2 0 0 -1
Adjusted Earnings Per Share 0 0 0.1 -0.1 -0.3 -0 -0.2 -0 -2.4 0.2 0.1 -0.7

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 483% 160% 77% 43%
Operating Profit CAGR 0% 0% 0% 0%
PAT CAGR 0% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -45% -21% NA% -4%
ROE Average 0% -3% -2% -1%
ROCE Average 1% -4% -3% -1%

Mihika Industries Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 25 25 25 25 24 24 24 24 22 22 22
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities -0 -0 -0 -0 -0 -0 -0 -0 -1 -1 -1
Total Current Liabilities 0 0 0 0 0 0 0 0 0 0 0
Total Liabilities 25 25 25 25 24 24 24 24 21 21 21
Fixed Assets 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 1 1 0 1 1 0 0 0 0 0 20
Total Current Assets 23 24 24 24 23 24 24 24 21 21 1
Total Assets 25 25 25 25 24 24 24 24 21 21 21

Mihika Industries Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 2 1 0 0 2 1 0 0 0 1 0
Cash Flow from Operating Activities 4 1 -2 1 -2 -2 -2 0 0 -1 20
Cash Flow from Investing Activities -5 -2 2 1 1 2 2 -0 -0 0 -20
Cash Flow from Financing Activities 0 1 0 0 0 0 0 0 0 0 0
Net Cash Inflow / Outflow -1 -1 -0 1 -1 -0 0 0 0 -1 -0
Closing Cash & Cash Equivalent 1 0 0 2 1 0 0 0 1 0 0

Mihika Industries Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.02 0.01 0.11 -0.09 -0.35 -0.05 -0.16 -0.02 -2.42 0.18 0.05
CEPS(Rs) 0.02 0.01 0.11 -0.09 -0.34 -0.05 -0.16 -0.02 -2.41 0.18 0.05
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 24.74 24.75 24.74 24.64 24.29 24.25 24.09 24.07 21.65 21.83 21.88
Core EBITDA Margin(%) -60.13 -75.94 -78.64 -94.59 -103.15 -69.15 -99.39 -81.62 0 -11.1 -1.4
EBIT Margin(%) 1.9 1.68 7.21 -7.24 -25.12 -3.27 -12.37 -0.92 0 3.11 0.33
Pre Tax Margin(%) 1.9 1.68 7.21 -7.24 -25.12 -3.27 -12.37 -0.92 0 3.11 0.32
PAT Margin (%) 1.86 1.02 6.05 -5.15 -19.73 -2.31 -8.94 -1.09 0 2.85 0.16
Cash Profit Margin (%) 1.9 1.15 6.21 -4.82 -19.38 -2.23 -8.93 -1.05 0 2.86 0.16
ROA(%) 0.08 0.05 0.43 -0.38 -1.43 -0.2 -0.66 -0.08 -10.78 0.84 0.26
ROE(%) 0.08 0.05 0.43 -0.38 -1.43 -0.19 -0.66 -0.08 -10.57 0.81 0.25
ROCE(%) 0.09 0.08 0.51 -0.54 -1.82 -0.27 -0.91 -0.07 -14.18 0.89 0.52
Receivable days 65.2 58.39 40.79 0 0 12.09 24.54 0 0 365 37.34
Inventory Days 7.28 0 0 0 0 0 0 0 0 0 0
Payable days 0 0 0 0 0 0 0 0 0 0 0.17
PER(x) 0 0 0 0 0 0 0 0 0 146.49 383.33
Price/Book(x) 0 0 0 0 0 0 0 0 1.09 1.19 0.96
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 8.05 7.74 5.6 4.6 5.33 4.82 5.52 5.49 0 4.17 0.61
EV/Core EBITDA(x) 415.16 426.91 76.02 -66.63 -21.52 -150.72 -44.68 -622.2 -7.08 133.61 186.14
Net Sales Growth(%) 154.41 11.43 43.14 3.37 -2.98 15.01 -12.83 -1.2 -100 0 459.88
EBIT Growth(%) 57.26 -1.21 512.86 -203.85 -236.51 85.02 -229.54 92.68 0 105.95 -41.35
PAT Growth(%) 123.45 -39.06 749.91 -187.94 -271.63 86.56 -238.09 87.98 0 107.32 -69.12
EPS Growth(%) 0 -39.13 749.21 -187.94 -271.63 86.56 -238.09 87.98 0 107.32 -69.12
Debt/Equity(x) 0 0 0 0 0 0 0 0 0 0 0.01
Current Ratio(x) 4974.92 4307.56 1180.24 680 0 0 0 7644.03 48.3 108.38 5.33
Quick Ratio(x) 4970.23 4307.56 1180.24 680 0 0 0 7644.03 48.3 108.38 5.33
Interest Cover(x) 0 0 0 0 0 0 0 0 0 0 66.59
Total Debt/Mcap(x) 0 0 0 0 0 0 0 0 0 0 0.01

Mihika Industries Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 47.14 47.14 47.14 47.14 47.14 47.14 47.14 47.14 47.14 47.14
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 52.86 52.86 52.86 52.86 52.86 52.86 52.86 52.86 52.86 52.86
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Mihika Industries News

Mihika Industries Pros & Cons

Pros

  • Stock is trading at 0.6 times its book value
  • Company is almost debt free.

Cons

  • Promoter holding is low: 47.14%.
  • Company has a low return on equity of -3% over the last 3 years.
  • Debtor days have increased from 0 to 0.17days.
whatsapp