Mihika Industries (BSE 538895)₹11.55+8.15%Trading & Distributors
In the Jun 2026 quarter (standalone), Mihika Industries reported sales of ₹0.44 Cr, down 73.3% from Jun 2025, and net profit of ₹0.02 Cr, up 0.0% year on year. For the year to Mar 2026, sales were ₹2.67 Cr and net profit ₹0.10 Cr.
Company filings, standalone accounts; latest reported quarter Jun 2026
| 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 | 6.19 | 0.07 | 6.33 | 0.54 | 27.73 | 1.65 | 0.34 | 0.21 | 0.44 | 0.44 |
| Expenses | 0.33 | 0.15 | 6.16 | 0.14 | 6.00 | 0.52 | 28.42 | 1.78 | 0.43 | 0.33 | 0.59 | 0.57 |
| Operating Profit | −0.35 | −0.17 | 0.03 | −0.08 | 0.34 | 0.03 | −0.76 | −0.14 | −0.10 | −0.13 | −0.16 | −0.14 |
| OPM % | — | — | 0.3% | −87.5% | 5.2% | 3.7% | −2.7% | −7.8% | −25.7% | −54.5% | −33.3% | −28.8% |
| Other Income | 0.26 | 0.14 | 0.28 | 0.27 | 0.27 | 0.28 | −0.21 | 0.16 | 0.16 | 0.15 | 0.15 | 0.15 |
| 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 | −0.10 | −0.04 | 0.30 | 0.20 | 0.60 | 0.30 | −0.96 | 0.03 | 0.07 | 0.03 | −0.02 | 0.02 |
| Tax % | 0.0% | 0.0% | 0.0% | 26.4% | 25.4% | 24.2% | −23.1% | 50.0% | 33.4% | 50.0% | −300.0% | 0.0% |
| Net Profit | −0.10 | −0.04 | 0.30 | 0.15 | 0.45 | 0.22 | −0.74 | 0.02 | 0.05 | 0.02 | 0.02 | 0.02 |
| EPS (Rs) | −0.10 | −0.04 | 0.30 | 0.15 | 0.45 | 0.22 | −0.74 | 0.02 | 0.05 | 0.02 | 0.02 | 0.02 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1.22 | 1.76 | 1.82 | 1.76 | 2.03 | 1.77 | 1.75 | 0.00 | 6.19 | 34.69 | 2.67 | 1.43 |
| Expenses | 1.89 | 3.13 | 3.25 | 3.41 | 3.44 | 3.20 | 3.19 | 4.44 | 6.87 | 35.11 | 3.16 | 1.92 |
| Operating Profit | −0.68 | −1.38 | −1.44 | −1.66 | −1.42 | −1.44 | −1.45 | −4.46 | −0.70 | −0.50 | −0.50 | −0.53 |
| OPM % | −54.4% | −77.4% | −78.1% | −93.1% | −69.1% | −80.3% | −81.7% | — | −11.1% | −1.4% | −18.2% | −37.1% |
| Other Income | 0.70 | 1.51 | 1.31 | 1.22 | 1.35 | 1.22 | 1.43 | 1.22 | 0.89 | 0.61 | 0.59 | 0.61 |
| 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 | 0.03 | 0.14 | −0.15 | −0.46 | −0.08 | −0.23 | −0.03 | −3.25 | 0.20 | 0.12 | 0.10 | 0.10 |
| Tax % | 50.0% | 15.4% | −28.5% | −22.2% | −28.5% | −27.3% | 0.0% | −25.6% | 10.6% | 54.6% | 0.0% | — |
| Exceptional items | 0.00 | 1.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — |
| Net Profit | 0.02 | 0.12 | −0.10 | −0.36 | −0.06 | −0.17 | −0.03 | −2.43 | 0.19 | 0.06 | 0.10 | 0.11 |
| EPS (Rs) | 0.02 | 0.12 | −0.10 | −0.36 | −0.06 | −0.17 | −0.03 | −2.43 | 0.19 | 0.06 | 0.10 | 0.11 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 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 | 10.03 | 10.02 | 10.03 | 10.03 | 10.03 | 10.03 | 10.03 | 10.02 | 10.03 | 10.03 | 10.04 | 10.03 |
| Reserves | 14.78 | 14.80 | 14.77 | 14.69 | 14.34 | 14.27 | 14.13 | 14.10 | 11.68 | 11.87 | 11.91 | 12.00 |
| Borrowings | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.17 | 0.17 |
| Other Liabilities | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.43 | 0.17 | 0.00 | 0.03 |
| Total Liabilities | 24.81 | 24.83 | 24.80 | 24.72 | 24.37 | 24.30 | 24.16 | 24.12 | 22.14 | 22.09 | 22.12 | 22.23 |
| Fixed Assets | 0.00 | 0.02 | 0.02 | 0.02 | 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 | 1.28 | 0.91 | 0.42 | 0.92 | 0.80 | 0.03 | 0.03 | 0.11 | 0.32 | 0.00 | 0.00 | 0.00 |
| Other Assets | 23.53 | 23.90 | 24.36 | 23.78 | 23.57 | 24.27 | 24.13 | 24.01 | 21.82 | 22.09 | 22.12 | 22.23 |
| Inventories | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.32 |
| Trade receivables | 0.19 | 0.19 | 0.19 | 0.00 | 0.00 | 0.06 | 0.16 | 0.00 | 0.00 | 6.19 | 0.89 | 1.56 |
| Cash & equivalents | 1.09 | 0.46 | 0.11 | 1.60 | 0.56 | 0.18 | 0.20 | 0.37 | 0.58 | 0.05 | 0.02 | 0.04 |
| Total Assets | 24.81 | 24.83 | 24.80 | 24.72 | 24.37 | 24.30 | 24.16 | 24.12 | 22.14 | 22.09 | 22.12 | 22.23 |
| 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 | 3.77 | 0.61 | −2.20 | 0.71 | −2.38 | −2.50 | −1.52 | 0.21 | 0.49 | −0.87 | 19.95 | −2.41 |
| Cash from investing activity | −5.16 | −2.14 | 1.84 | 0.78 | 1.34 | 2.10 | 1.53 | −0.04 | −0.28 | 0.32 | −20.06 | 2.89 |
| Cash from financing activity | 0.50 | 0.93 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.16 | −0.50 |
| Net cash flow | −0.91 | −0.62 | −0.34 | 1.48 | −1.03 | −0.37 | 0.01 | 0.16 | 0.20 | −0.52 | −0.01 | 0.00 |
| Capex | 0.00 | 0.00 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Free cash flow | 3.75 | 0.59 | −2.19 | 0.71 | −2.36 | −2.48 | −1.52 | 0.21 | 0.47 | −0.87 | 19.90 | −2.41 |
| CFO / OP % | −684.0% | −90.0% | 158.0% | −51.0% | 144.0% | 177.1% | 106.1% | −14.0% | −13.0% | 123.0% | −4,065.0% | 490.1% |
| 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 | 66 | 59 | 41 | 0 | 0 | 13 | 35 | 0 | — | 365 | 9 | 214 |
| Inventory days | 7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — | 0 | 0 | 292 |
| Days payable | 0 | — | — | — | — | — | — | — | — | — | — | 5 |
| Cash conversion cycle | 72 | 59 | 41 | 0 | 0 | 13 | 35 | 0 | — | 365 | 9 | 501 |
| Working capital days | 7,352 | 6,934 | 4,989 | 4,395 | 4,692 | 4,266 | 4,840 | 4,837 | — | 1,219 | 7 | 527 |
| ROCE % | −0.7% | 0.0% | −1.7% | −0.7% | −1.1% | −0.3% | −1.4% | −0.4% | −13.9% | 0.6% | 0.5% | 0.4% |
For the Jun 2026 quarter, Mihika Industries reported sales of ₹0.44 Cr, down 73.3% year on year and net profit of ₹0.02 Cr, up 0.0% year on year. The operating margin was −28.8%.
Mihika Industries' sales for the year to Mar 2026 were ₹2.67 Cr; over the last twelve months they were ₹1.43 Cr.
Net profit for the year to Mar 2026 was ₹0.10 Cr, and ₹0.11 Cr over the last twelve months. Earnings per share over the same trailing period were ₹0.11.
Mihika Industries reported borrowings of ₹0.17 Cr at Mar 2026, against cash and equivalents of ₹0.04 Cr.
Cash from operations was −₹2.41 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹2.41 Cr.