Mahip Industries (BSE 542503)₹16.020.00%Packaging
In the Mar 2026 quarter (standalone), Mahip Industries reported sales of ₹1.92 Cr, down 68.1% from Mar 2025, and net profit of ₹0.27 Cr. For the year to Mar 2026, sales were ₹9.06 Cr and net profit ₹2.81 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales | 0.00 | 3.63 | 0.00 | 0.19 | 6.01 | 7.15 | 1.92 |
| Expenses | 0.36 | 3.97 | 2.94 | 0.67 | 6.50 | 5.44 | 1.85 |
| Operating Profit | −0.36 | −0.33 | −2.94 | −0.49 | −0.47 | 1.74 | 0.08 |
| OPM % | — | −9.4% | — | −240.1% | −8.0% | 24.0% | 3.6% |
| Other Income | 0.30 | 0.37 | 2.29 | 0.99 | 0.47 | 0.96 | 0.39 |
| Interest | 0.28 | 0.51 | 0.83 | 0.00 | 0.12 | 0.00 | 0.04 |
| Depreciation | 0.09 | 0.10 | 0.13 | 0.11 | 0.15 | 0.12 | 0.13 |
| Profit before tax | −0.48 | −0.60 | −1.64 | 0.39 | −0.32 | 2.56 | 0.25 |
| Tax % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 1.21 | 0.93 | 0.37 |
| Net Profit | −0.48 | −0.61 | −1.64 | 0.40 | −0.31 | 2.55 | 0.27 |
| EPS (Rs) | −0.23 | −0.30 | −0.84 | 0.19 | −0.15 | 1.31 | 0.13 |
| Mar 2015 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 92.38 | 140 | 135 | 20.71 | 7.08 | 2.57 | −2.06 | 3.63 | 6.07 | 9.06 |
| Expenses | 86.35 | 129 | 129 | 26.94 | 25.04 | 23.31 | 1.15 | 6.78 | 7.02 | 7.29 |
| Operating Profit | 6.33 | 11.28 | 6.43 | −6.16 | −17.97 | −20.76 | −3.22 | −3.14 | −0.93 | 1.81 |
| OPM % | 6.8% | 8.0% | 4.7% | −29.8% | −253.1% | −805.1% | — | −86.6% | −15.5% | 19.7% |
| Other Income | 0.42 | 0.52 | 0.30 | 2.98 | 1.27 | 2.57 | 0.70 | 2.53 | 1.44 | 1.34 |
| Interest | 3.93 | 4.42 | 4.77 | 3.27 | 0.11 | 0.23 | 0.29 | 1.35 | 0.12 | 0.04 |
| Depreciation | 1.40 | 0.04 | 1.41 | 1.65 | 1.61 | 0.24 | 0.19 | 0.24 | 0.27 | 0.26 |
| Profit before tax | 1.39 | 7.31 | 0.51 | −8.15 | −18.46 | −18.71 | −3.05 | −2.23 | 0.09 | 2.80 |
| Tax % | 31.9% | 23.4% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.99 | 0.00 | 1.99 | 0.99 | 0.99 |
| Net Profit | 0.95 | 5.62 | 0.51 | −8.16 | −18.49 | −18.76 | −3.05 | −2.23 | 0.09 | 2.81 |
| EPS (Rs) | 8.51 | 7.96 | 0.25 | −4.22 | −9.57 | −9.71 | −1.57 | −1.14 | 0.03 | 1.45 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Mar 2015 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1.11 | 7.03 | 19.26 | 19.29 | 19.28 | 19.29 | 19.27 | 19.29 | 19.28 | 19.29 |
| Reserves | 12.30 | 16.02 | 20.94 | 12.82 | −5.72 | −24.41 | −27.43 | −29.45 | −29.37 | −26.59 |
| Borrowings | 34.35 | 36.37 | 38.49 | 38.23 | 34.12 | 33.99 | 32.39 | 8.77 | 7.04 | 7.06 |
| Other Liabilities | 2.72 | 6.87 | 6.75 | 26.84 | 13.07 | 4.80 | 8.96 | 20.75 | 12.14 | 10.71 |
| Total Liabilities | 50.48 | 66.29 | 85.44 | 97.18 | 60.75 | 33.67 | 33.19 | 19.36 | 9.09 | 10.47 |
| Fixed Assets | 14.44 | 20.18 | 18.82 | 17.29 | 15.91 | 1.98 | 1.69 | 1.36 | 1.54 | 1.41 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.42 | 0.39 | 0.39 | 0.41 | 0.18 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 35.62 | 45.72 | 66.23 | 79.48 | 44.66 | 31.69 | 31.50 | 18.00 | 7.55 | 9.06 |
| Inventories | 14.08 | 12.91 | 24.09 | 20.09 | 4.74 | 0.24 | 2.11 | 0.00 | 0.48 | 0.14 |
| Trade receivables | 19.13 | 27.55 | 35.64 | 36.81 | 23.60 | 3.36 | 1.31 | 13.00 | 4.11 | 5.54 |
| Cash & equivalents | 0.05 | 1.47 | 1.28 | 0.43 | 0.06 | 0.18 | 0.19 | 0.30 | 0.07 | 0.04 |
| Total Assets | 50.48 | 66.29 | 85.44 | 97.18 | 60.75 | 33.67 | 33.19 | 19.36 | 9.09 | 10.47 |
| Mar 2015 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 4.59 | 5.73 | −10.03 | 6.47 | 10.87 | −2.06 | 2.13 | −21.24 | −0.21 | −0.89 |
| Cash from investing activity | −6.51 | −7.36 | −1.79 | −4.23 | −6.92 | 2.31 | −0.51 | 23.90 | 1.84 | 0.89 |
| Cash from financing activity | 1.74 | 2.51 | 11.58 | −3.09 | −4.30 | −0.11 | −1.63 | −2.61 | −1.87 | −0.04 |
| Net cash flow | −0.18 | 0.84 | −0.19 | −0.84 | −0.37 | 0.13 | 0.00 | 0.09 | −0.21 | −0.02 |
| Capex | 7.93 | 7.61 | 0.02 | 0.00 | 0.01 | 0.00 | 0.00 | 0.19 | 0.47 | 0.15 |
| Free cash flow | −2.98 | −1.94 | −10.06 | 6.63 | 10.85 | 13.53 | 2.19 | −21.41 | −0.66 | −0.05 |
| CFO / OP % | 80.0% | 65.1% | −155.0% | −105.0% | −60.0% | 10.0% | −65.9% | 672.0% | 21.0% | −49.0% |
| Mar 2015 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 76 | 72 | 97 | 646 | 1,210 | 475 | −228 | 1,302 | 247 | 223 |
| Inventory days | 61 | 37 | 69 | 294 | 72 | 12 | — | 0 | 32 | 9 |
| Days payable | 9 | 14 | 11 | 367 | 166 | 110 | — | — | 183 | 194 |
| Cash conversion cycle | 128 | 96 | 155 | 572 | 1,117 | 377 | −228 | 1,302 | 95 | 38 |
| Working capital days | 127 | 45 | 91 | 417 | −203 | −3,157 | −4,790 | −198 | −76 | 130 |
| ROCE % | 11.9% | — | 7.6% | −6.6% | −31.1% | −53.2% | −10.8% | −25.7% | — | — |
For the Mar 2026 quarter, Mahip Industries reported sales of ₹1.92 Cr, down 68.1% year on year and net profit of ₹0.27 Cr. The operating margin was 3.6%.
Mahip Industries' sales for the year to Mar 2026 were ₹9.06 Cr.
Net profit for the year to Mar 2026 was ₹2.81 Cr. Earnings per share over the same trailing period were ₹1.45.
Mahip Industries reported borrowings of ₹7.06 Cr at Mar 2026, against cash and equivalents of ₹0.04 Cr.
Cash from operations was −₹0.89 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹0.05 Cr.