Mihika Industries Ltd Stock Price Today (NSE: MIHIKA)

Mihika Industries Ltd

14.130.74 (4.98%)
Market Open

Fundamental Score

...

Mihika Industries Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Mihika Industries Ltd share price today is 14.13, down 4.98% on NSE/BSE as of 19 June 2026. Mihika Industries Ltd (MIHIKA) is a Small-cap company in the Trading & Distributors sector with a market capitalisation of 15.75 (Cr). The 52-week high for MIHIKA share price is 24.72 and the 52-week low is 7.11. The company has a Return on Equity (ROE) of 0.23% and a debt-to-equity ratio of 0.01.

Mihika Industries Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
14.99
Low
12.18
Volume
8.8K
Change
-1.81%

Mihika Industries Ltd share price chart: -1.81% return over the past month. 52-week high ₹24.72, 52-week low ₹7.11.

Mihika Industries Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
15.6015.6014.1314.131.25K (Cr)
15.4115.4114.8714.873.40K (Cr)
14.3614.7613.3814.683.59K (Cr)
13.4114.0813.4114.081.44L (Cr)
13.4213.4213.4013.4137.00 (Cr)
12.7713.0012.7712.791.18K (Cr)
13.4413.4413.4413.442.00 (Cr)
13.5813.5813.5813.582.00 (Cr)
13.6513.6512.4413.5812.00 (Cr)
14.1514.1512.8113.09531.00 (Cr)

Mihika Industries Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
15.4115.6014.1314.13-8.31%
14.4414.7612.1814.68+1.66%
9.5014.999.0013.76+44.84%
11.8213.997.118.65-26.82%
13.4015.0010.5111.82-11.79%
14.8515.9012.0012.75-14.14%
16.0016.7513.8514.43-9.81%
15.7016.9014.5015.50-1.27%
18.0019.4814.9015.70-12.78%
18.5020.7416.0017.87-3.41%
20.2520.8816.5019.00-6.17%
21.9822.4018.2619.96-9.19%

AI Research Briefing

Powered by Gemini · 2026-04-13

Mihika is a micro-cap hope trade with dismal recent performance; avoid until real turnaround emerges.

Research Confidence
7.0/10High
MICRO-CAP DARK HORSEBreakdown: 1M: 0.32% | 3M: -17.11% | 6M: -36.72%Expensive: Negative P/E vs Industry P/E of 35.45x.

WHAT'S HAPPENING NOW (last 2-4 weeks)

Mihika Industries sought clarification from the exchange on April 8, 2026, regarding significant price movement. As of April 10, 2026, the share price is

CORE STORY (THE REAL GAME)

Mihika is a micro-cap trading and distribution play. The market seems to be pricing in a turnaround based on sales CAGR, but recent quarterly results show a massive YoY profit decline, suggesting the turnaround is not materializing.

Why Now
  • Commodity/Agri tailwinds in election year
  • Bounced off 52-week low
  • High sales CAGR
Potential Catalysts
  • Significant order wins
  • Turnaround in quarterly profitability
  • Acquisition by larger player
Key Risks
  • Micro/SME cap: Liquidity risk
  • Latest quarter YoY profit declined by -90.91%
  • Negative ROE and ROCE
Institutional Activity

Promoter holding steady at 47.14%. No FII/DII interest.

Macro Context

India's consumption economy is being shaped by the spread of organized retail into Tier-2 and Tier-3 cities.

Cash Flow Quality

No: Free Cash Flow 5Y: ₹18.2 Cr, but recent profitability is poor

3–6 Month Outlook

If Mihika can demonstrate a substantial turnaround in profitability in the next 1-2 quarters, the stock could re-rate. Until then, downside risk remains.

Primary Thesis Risk

Failure to achieve a sustainable turnaround in profitability will lead to significant downside.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

0.23%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

0.50%

Returns generated on total capital deployed

Poor

Oper. Profit Margin (5Y Avg)

-9.11%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

Mihika Industries Ltd Valuation Check

Price to Earnings (P/E)

N/A

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

35.45x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

47.14%

% shares held by company founders/management

Poor

FII Holding

0.00%

% shares held by foreign institutional investors

Poor

DII Holding

0.00%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Poor

Profit Growth (Quarterly YoY)

-90.91%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

-94.48%

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

76.29%

Compounded annual revenue growth over 5 years

Excellent

EPS Growth (5-Year CAGR)

23.16%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

23.16%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.01x

Total debt ÷ equity. Below 0.5 = financially healthy

Interest Coverage Ratio

N/A

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

18.20 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Mihika Industries Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of MIHIKA across key market metrics for learning purposes.

Positive Indicators

5 factors identified

Consistent Growth Track Record (76.29% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Excellent EPS Growth (23.16% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (23.16% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Conservative Debt Levels (D/E: 0.01)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

6 factors identified

Below-Average Return on Equity (0.23%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Suboptimal ROCE (0.50%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

Margin Pressure Concerns (-9.11%)

Observation: Operating margins are below industry standards.

Analysis: OPM <5% may indicate pricing pressures or cost management challenges.

Profit Decline Concern (-90.91%)

Observation: Significant year-over-year profit contraction observed.

Analysis: Declining profitability requires investigation into underlying causes.

Revenue Contraction (-94.48%)

Observation: Sales decline may indicate market challenges or competitive pressures.

Analysis: Negative revenue growth requires analysis of market conditions.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Mihika Industries Ltd vs Trading & Distributors Peers

Peer Comparison - Trading & Distributors

Compare Mihika Industries Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
35.7/100
14
₹15.75
0.23%
Poor
0.50%
Poor
0.0
Excellent
23.16%
Excellent
76.29%
Excellent
0.00%
Redington Ltd...
REDINGTON532805
58.5/100
223
₹22049.92
16.1
Average
14.39%
Average
18.90%
Good
0.3
Excellent
17.72%
Excellent
14.06%
Good
2.41%
MMTC Ltd...
MMTC513377
32.1/100
66
₹8949.04
127.3
Average
5.87%
Poor
7.70%
Poor
0.0
Excellent
19.08%
Excellent
-86.52%
Poor
0.00%
MSTC Ltd...
MSTCLTD542597
63.7/100
439
₹3458.41
15.7
Average
28.37%
Excellent
29.26%
Excellent
0.2
Excellent
15.18%
Excellent
-24.06%
Poor
8.24%
24.7/100
405
₹3333.57
49.5
Average
26.05%
Excellent
27.44%
Excellent
0.2
Excellent
0.00%
11.1/100
154
₹2132.64
35.5
Average
17.05%
Good
15.42%
Good
0.2
Excellent
0.06%
34.8/100
379
₹1813.06
38.4
Average
9.28%
Poor
11.83%
Average
0.1
Excellent
0.00%
66.6/100
637
₹1297.46
519.0
Average
87.02%
Excellent
82.72%
Excellent
0.0
Excellent
158.76%
Excellent
66.77%
Excellent
0.00%
41.9/100
19
₹1111.34
402.7
Average
1.24%
Poor
2.46%
Poor
0.1
Excellent
61.76%
Excellent
35.83%
Excellent
0.00%
32.3/100
30300
₹1021.99
11.7
Average
9.31%
Poor
9.39%
Poor
0.0
Excellent
10.82%
Good
4.86%
Average
1.50%
62.3/100
46
₹811.32
6.4
Average
12.62%
Average
16.29%
Good
0.0
Excellent
28.35%
Excellent
61.75%
Excellent
0.00%

Mihika Industries Ltd PE Ratio History

Historical price-to-earnings ratio for MIHIKA — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 20240.19₹24.35128.2x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Mihika Industries Ltd Quarterly Performance

Latest quarterly metrics for MIHIKA — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

-94.48%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

-90.91%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

76.29%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

23.16%

Compounded annual net profit growth over 5 years

Mihika Industries Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for MIHIKA — calculated from daily price history

54RSI 14
Neutral — RSI 54

Momentum is balanced — neither overbought nor oversold.

SMA 50
12
▲ Price above SMA 50 — Short-term bullish
SMA 200
15
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
10K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Mihika Industries Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Mihika Industries Ltd (MIHIKA) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Mihika Industries Ltd

About MIHIKA (Mihika Industries Ltd)

Mihika Industries Ltd is a multifaceted trading and distribution company rooted in the vibrant economic landscape of India. Established with a vision for connecting producers and c...onsumers across diverse sectors, MIHIKA operates as a pivotal link in the supply chain for both commodities and textiles. The company's core business revolves around sourcing, procuring, and distributing a wide array of essential goods, facilitating seamless transactions between manufacturers, suppliers, and end-users. With a keen understanding of market dynamics and a commitment to operational efficiency, MIHIKA strives to deliver value through reliable sourcing, timely delivery, and competitive pricing. Its strategic location in Ahmedabad provides a strong foundation for reaching key markets and fostering long-term partnerships. Expanding beyond its initial focus, MIHIKA has also carved a niche in the trading of agricultural products and raw materials. Recognizing the importance of the agricultural sector to the Indian economy, MIHIKA actively participates in the procurement and distribution of grains, pulses, and other essential agricultural commodities. By connecting farmers with wider markets and providing access to reliable supply chains, MIHIKA plays a role in supporting the growth and sustainability of the agricultural sector. Furthermore, the company engages in the trade of various raw materials, catering to the needs of diverse industries and contributing to the overall economic activity of the region. This diversification has strengthened MIHIKA's position as a versatile player in the trading and distribution landscape. In addition to its core trading activities, MIHIKA also maintains a presence in commission agency services and strategic investments. The company leverages its market knowledge and network to facilitate trade transactions on behalf of clients, earning commissions on successful deals. This adds another layer of value to its operations. MIHIKA also seeks to identify and invest in promising ventures that align with its long-term growth strategy. This approach allows the company to expand its horizons and explore new opportunities beyond traditional trading, creating a diversified portfolio of investments that contribute to its overall financial strength and resilience.

Company Details

Symbol:MIHIKA
Industry:Trading & Distributors
Sector:Trading & Distributors

Key Leadership

Mr. Bipinbhai Becharbhai Prajapati
Managing Director
Mr. Parth Rajeshbhai Rupareliya
CFO and Non-Executive & Non Independent Director

MIHIKA Share Price: Frequently Asked Questions

What is the current share price of Mihika Industries Ltd?

Mihika Industries Ltd (MIHIKA) trades at ₹14.13 on NSE and BSE. Market cap ₹15.75 (Cr). Educational data only.

What is the P/E ratio of Mihika Industries Ltd?

Mihika Industries Ltd has a P/E of N/Ax vs industry average 35.45x.

What is the Bull Run score for Mihika Industries Ltd?

Mihika Industries Ltd has a Bull Run score of 35.7/100 based on 25+ financial parameters.

Does Mihika Industries Ltd pay dividends?

Mihika Industries Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Mihika Industries Ltd?

Mihika Industries Ltd has ROE of 0.23%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Mihika Industries Ltd?

Mihika Industries Ltd has debt-to-equity of 0.01.

Is Mihika Industries Ltd a good investment?

Bull Run gives Mihika Industries Ltd a score of 35.7/100. This is not investment advice — consult a SEBI-registered advisor.