MIHIKA
Mihika Industries financials
- Market cap
- ₹14 Cr
Quarterly results
Q1 FY27: revenue down 72.9%, net profit up 0.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 6 | 1 | 28 | 2 | 0 −94% | 0 −60% | 0 −98% | 0 −73% |
| EBITDA | 0 | 0 | -1 | -0 | -0 −127% | -0 −700% | -0 +80% | -0 +0% |
| Net profit | 0 | 0 | -1 | 0 | 0 −91% | 0 −95% | 0 +101% | 0 +0% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −26.8% 1Y
1Y: ₹17.4 on 9 Sept 2025 → ₹12.74. High ₹19.47 (16 Sept 2025), low ₹8.5 (27 Mar 2026).
Financials, as filed
Revenue fell 34.3% a year over 2 years, FY24 to FY26. Operating margin narrowed to -18.3%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹6 Cr | ₹35 Cr | ₹3 Cr |
| Operating profit | ₹-1 Cr | ₹-0 Cr | ₹-0 Cr |
| Operating margin | -11.0% | -1.4% | -18.3% |
| Interest | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Net profit | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Net margin | 3.2% | 0.2% | 2.6% |
| Cash from operations | ₹-1 Cr | ₹20 Cr | ₹-3 Cr |
| Free cash flow | ₹-1 Cr | ₹20 Cr | ₹-3 Cr |
| ROCE | 0.6% | 0.5% | 0.4% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹10 Cr | ₹10 Cr | ₹10 Cr | ₹10 Cr | ₹10 Cr | ₹10 Cr |
| Reserves | ₹14 Cr | ₹14 Cr | ₹12 Cr | ₹12 Cr | ₹12 Cr | ₹12 Cr |
| Borrowings | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other liabilities | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Total liabilities | ₹24 Cr | ₹24 Cr | ₹22 Cr | ₹22 Cr | ₹22 Cr | ₹22 Cr |
| Fixed assets | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹24 Cr | ₹24 Cr | ₹22 Cr | ₹22 Cr | ₹22 Cr | ₹22 Cr |
| Total assets | ₹24 Cr | ₹24 Cr | ₹22 Cr | ₹22 Cr | ₹22 Cr | ₹22 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
The ownership split has held steady since Jun 2025. The shareholder count grew 3% to 981.
- Promoters
- 47.1%
- Public
- 52.9%
Since Jun 2025
- Public −0.01 pp
- Promoters 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 47.1%, Public 52.9%.Dec '23: Promoters 47.1%, Public 52.9%.Mar '24: Promoters 47.1%, Public 52.9%.Jun '24: Promoters 47.1%, Public 52.9%.Sep '24: Promoters 47.1%, Public 52.9%.Dec '24: Promoters 47.1%, Public 52.9%.Mar '25: Promoters 47.1%, Public 52.9%.Jun '25: Promoters 47.1%, Public 52.9%.Sep '25: Promoters 47.1%, Public 52.9%.Dec '25: Promoters 47.1%, Public 52.9%.Mar '26: Promoters 47.1%, Public 52.9%.Jun '26: Promoters 47.1%, Public 52.9%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Plastomatic Packaging Private Limited newly disclosed 1.34% held
The same filing shows 1 holder trimming and 2 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Mihika Industries Ltd. above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Veggie Fest Foods Private Limited | 47.14% | unchanged |
| Saptswati Private Limited | 2.64% | unchanged |
| Tarunkumar Ganpatbhai Makwana | 2.59% | unchanged |
| Yellow Bricks Gold Empier Private Limited | 2.40% | unchanged |
| Bhimabhai Jalandhar Thakor | 2.32% | unchanged |
| Deepika Jindal | 2.17% | unchanged |
| Kamlesh Kanojiya | 1.67% | unchanged |
| Shivang Navinchandra Nayak | 1.64% | unchanged |
| Plastomatic Packaging Private Limited | 1.34% | newly disclosed |
| Abode Foods Beverages Private Limited | 1.25% | unchanged |
| Parnit Ventures Private Limited | 1.25% | unchanged |
| Euronex Trade Private Limited | 1.18% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Mihika Industries Ltd.
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