Mihika Industries Ltd (538895)
சுருக்கம்
நிகழ்வுகள்
- சமீபத்திய முடிவுகள்
- Q2 FY27, தாக்கல் செய்யப்பட்டது 4 நவ. 2026
- இயக்குநர் குழுக் கூட்ட அறிவிப்பு
- 2 நவ. 2026
பங்குச் சந்தைத் தரவு. ஒவ்வொரு எண்ணும் அதன் சொந்தப் பக்கம் காட்டும் வடிவத்திலேயே; தேதிகள் தரவின் தேதிகள். தகவலுக்கு மட்டுமே, முதலீட்டு ஆலோசனை அல்ல.
📈 பங்கு விலை & நிகழ்வுகள்
Q2 FY27 முடிவுகள்
Mihika Industries Ltd reported Q2 FY27 results on 4 Nov 2026: revenue ₹5.3 Cr, and net profit ₹0.0 Cr (-4.2% year on year); the operating margin was -1.0%.
| Q2 FY27 (₹ கோடி) | மதிப்பு | YoY Q2 FY26-உடன் | QoQ |
|---|---|---|---|
| வருவாய் | ₹5.3 | — | — |
| செயல்பாட்டு லாபம் | ₹-0.1 | நஷ்டம் குறைந்தது | நஷ்டம் குறைந்தது |
| நிகர லாபம் | ₹0.0 | -4.2% | +261.3% |
| EPS (₹) | 0.04 | +0.0% | +300.0% |
| செயல்பாட்டு லாப வரம்பு | -1.0% | — | — |
- லாபம் அதன் சொந்தப் போக்கை விட +92% மேலே
- செயல்பாட்டு லாப வரம்பு 2473 bps YoY அதிகரித்தது
- முன்வரி லாபம் முழுவதும் பிற வருமானம் அல்லது ஒருமுறை வரும் பொருட்களிலிருந்தே வந்தது
- லாபம் இருந்தும் FY26-இல் செயல்பாட்டுப் பணப்புழக்கம் எதிர்மறையாக இருந்தது
- லாபம் இருந்தும் H1 FY27 செயல்பாட்டுப் பணப்புழக்கம் எதிர்மறையாக இருந்தது
லாபத்தின் தரம்: ₹0.1 கோடி வரிக்கு முந்தைய லாபத்தில் எதுவும் முக்கிய வணிகத்திலிருந்து வரவில்லை; அனைத்தும் பிற வருமானம் மற்றும் ஒருமுறை வரவுகளிலிருந்தே வந்தது.
அதன் சொந்தப் போக்குக்கு எதிராக: நிகர லாபம் ₹0.0 கோடியாக இருந்தது; இது, அதன் சமீபத்திய வளர்ச்சி சுட்டிக்காட்டிய ₹0.0 கோடியுடன் ஒப்பிடும்போது +91.5% ஆகும் (above trend). இது ஒரு புள்ளியியல் அடிப்படை மட்டுமே; ஆய்வாளர் மதிப்பீடு அல்ல.
📢 சமீபத்திய கார்ப்பரேட் அறிவிப்புகள்
Mihika Industries has filed its Letter of Offer for a proposed Rights Issue of up to 9,00,00,000 equity shares at an issue price of ₹10 per share, aggregating to ₹90.00 crore. The rights entitlement ratio is set at 9 rights shares for every 1 existing fully paid-up share held as of the record date, November 06, 2026. The issue will involve an initial application payment of ₹2.50 per share, followed by three subsequent calls of ₹2.50 each through April 2027. The fundraise is exceptionally large compared to the company's current market cap of approximately ₹11 crore and TTM revenue of ₹1 crore.
- Issue of up to 9,00,00,000 shares aggregating to ₹9000.00 Lakhs (₹90 crore)
- Rights ratio of 9:1 (9 rights shares for every 1 existing share held)
- Issue price fixed at ₹10 per share, with ₹2.50 payable on application and three calls of ₹2.50 each
- Record date is November 06, 2026; Issue opens on November 19, 2026, and closes December 04, 2026
Mihika Industries reported revenue from operations of ₹538.41 lakhs for the quarter ended September 30, 2026, marking a significant rise compared to ₹48.71 lakhs in the preceding quarter and ₹38.30 lakhs in Q2 FY26. Net profit for the period came in at ₹3.83 lakhs versus ₹1.06 lakhs in Q1 FY27 and ₹4.34 lakhs in Q2 FY26. Total revenue for the half-year stood at ₹587.12 lakhs with net profit of ₹4.89 lakhs. Notably, the statutory auditor included an Emphasis of Matter regarding unconfirmed and unreconciled balances for trade receivables, payables, loans, and advances.
- Revenue from operations reached ₹538.41 lakhs in Q2 FY27 compared to ₹38.30 lakhs in Q2 FY26
- Net profit stood at ₹3.83 lakhs for Q2 FY27 vs ₹1.06 lakhs in Q1 FY27
- H1 FY27 total revenue recorded at ₹591.21 lakhs with net profit of ₹4.89 lakhs
- Auditors issued an Emphasis of Matter citing lack of third-party balance confirmations for receivables, payables, and loans
Mihika Industries has finalized the schedule and payment terms for its proposed Rights Issue of partly paid-up equity shares worth up to ₹90.00 crore at a face value of ₹10 each. The issue opens on November 19, 2026, and closes on December 04, 2026, with an initial application amount of ₹2.50 per share and three subsequent calls of ₹2.50 each concluding in April 2027. The fundraise of up to ₹90 crore is extraordinarily large relative to the company's current market cap of ~₹11 crore and net worth of ₹22 crore, pointing to massive potential equity dilution.
- Rights Issue size capped at not exceeding ₹90.00 crore through partly paid-up equity shares
- Issue price fixed at ₹10.00 per share with ₹0.00 premium (paid as ₹2.50 on application and three calls of ₹2.50 each)
- Issue opening date is November 19, 2026, and closing date is December 04, 2026
- Three separate calls scheduled across January 2027, February/March 2027, and April 2027 for the remaining ₹7.50
- Last date for on-market renunciation of Rights Entitlements is December 01, 2026
Mihika Industries has scheduled a meeting of its Rights Issue Committee on Monday, November 02, 2026. The committee will decide the terms for a rights issue of partly paid-up equity shares of face value ₹10 each, for an amount not exceeding ₹90.00 crore. Key terms to be determined include the issue price, rights entitlement ratio, record date, and payment mechanism. The proposed ₹90.00 crore fundraise is exceptionally large compared to the company's current market cap of approximately ₹11 crore.
- Rights Issue Committee meeting scheduled for Monday, November 02, 2026
- Rights issue proposed for an amount not exceeding ₹90.00 crores
- Issue involves partly paid-up equity shares of face value ₹10 each
- Meeting to finalize issue price, entitlement ratio, record date, and payment terms
- Trading window closed from Monday, October 26, 2026 until 48 hours post-meeting
Mihika Industries has announced the closure of its Register of Members and Share Transfer Books from August 25, 2026, to September 1, 2026. This action is taken to facilitate the company's 43rd Annual General Meeting (AGM). The cut-off date for determining shareholder eligibility for e-voting is set for August 25, 2026. This is a standard administrative procedure for the Rs 10 crore market-cap company, which reported a significant revenue decline to Rs 2.68 crore in FY26 from Rs 34.74 crore in FY25.
- Book closure period set from August 25, 2026, to September 1, 2026
- Cut-off date for e-voting eligibility is August 25, 2026
- Cut-off date for sending AGM notices was August 7, 2026
- The event pertains to the company's 43rd Annual General Meeting
- Company maintains a small market capitalization of Rs 10 crore
Mihika Industries has released its FY25-26 Annual Report, scheduling its 43rd AGM for September 1, 2026. The most significant proposal is a 10-fold increase in authorized share capital from ₹10 Cr to ₹100 Cr, which is over 8x the company's current market capitalization of ₹12 Cr. This follows a year where revenue plummeted 92% to ₹2.68 Cr from ₹34.74 Cr in FY25. Despite the revenue collapse, the company reported a marginal net profit of ₹0.09 Cr and a significantly improved current ratio of 121.04.
- Proposed increase in Authorized Share Capital from ₹10 Cr to ₹100 Cr (10x increase)
- Annual revenue for FY26 dropped 92.2% to ₹2.68 Cr from ₹34.74 Cr in FY25
- Managing Director Bipinbhai Prajapati re-appointed for 5 years with remuneration up to ₹1 Lakh per month
- Current Ratio surged to 121.04 from 5.33, driven by a significant reduction in current liabilities
- Trade Receivables Turnover Ratio declined by 77.87% as average receivables rose to ₹1.57 Cr
Mihika Industries (Market Cap: ₹12 Cr) has announced the resignation of its statutory auditor, M/s. S K Bhavsar & Co., effective August 10, 2026, citing a recent change in management. The board has recommended M/s. Kapil Kumar Aggarwal & Associates as the new auditor for a five-year term (FY 2026-27 to 2030-31), subject to shareholder approval. Additionally, the company is shifting its registered office from Kolkata, West Bengal, to Ahmedabad, Gujarat, to align with its corporate office. These governance changes occur against a backdrop of weak financials, with TTM revenue at just ₹3 Cr and negative operating margins of -18.3%.
- Statutory Auditor S K Bhavsar & Co. resigned effective August 10, 2026, citing management changes.
- Proposed appointment of M/s. Kapil Kumar Aggarwal & Associates for a 5-year term until 2031.
- Registered office shifting from Kolkata to Ahmedabad, Gujarat, pending regulatory approvals.
- 43rd Annual General Meeting (AGM) scheduled for September 1, 2026, to ratify these changes.
- Company reports TTM revenue of ₹3 Cr against a market capitalization of ₹12 Cr.
Mihika Industries reported a stagnant sequential performance for Q1 FY27, with revenue from operations at ‡45.27 Lakhs compared to ‡44.69 Lakhs in the previous quarter. On a year-on-year basis, revenue saw a sharp decline of 72.7% from ‡166.11 Lakhs in Q1 FY26. Net profit remains marginal at ‡1.06 Lakhs, reflecting the company's small-scale operations in agricultural product trading. With a TTM revenue of only ‡3 Cr against a net worth of ‡22 Cr, the business continues to operate with extremely low asset turnover.
- Revenue from operations stood at ‡45.27 Lakhs for Q1 FY27, a marginal 1.3% increase over the preceding quarter.
- Net profit for the quarter was ‡1.06 Lakhs, down from ‡1.15 Lakhs in the previous quarter.
- Year-on-year revenue plummeted by 72.7% compared to ‡166.11 Lakhs in June 2025.
- Total expenses for the quarter were ‡51.01 Lakhs, primarily driven by inventory changes of ‡50.61 Lakhs.
- The company operates in a single segment: Agriculture Products.
Mihika Industries reported a sharp decline in revenue for the quarter ended June 30, 2026, with operations generating ₹0.45 crore compared to ₹1.66 crore in the same period last year. Despite the 73% YoY revenue drop, the company maintained a marginal net profit of ₹0.01 crore, aided by other income of ₹0.14 crore. The company continues to operate at a very small scale relative to its ₹22 crore net worth, with operating margins remaining under pressure. The business remains concentrated solely in the trading of agricultural products.
- Revenue from operations decreased by 72.7% YoY to ₹45.27 lakhs from ₹166.11 lakhs.
- Net profit remained stagnant at ₹1.06 lakhs for the quarter.
- Other income of ₹14.24 lakhs contributed significantly to the total income of ₹59.51 lakhs.
- Total expenses were reduced to ₹58.08 lakhs from ₹119.59 lakhs in the previous year's quarter.
- Earnings Per Share (EPS) remained flat at ₹0.01.
Mihika Industries has announced a board meeting on July 23, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026. This is a routine regulatory filing under SEBI (LODR) Regulations. The meeting will be held at the company's corporate office in Ahmedabad at 4:00 PM. Investors should note the company's 12-month price return of -27.0% as they await the upcoming performance data.
- Board meeting scheduled for July 23, 2026, to review quarterly performance.
- Results pertain to the quarter ended June 30, 2026.
- Meeting to include a Limited Review Report from auditors.
- Scheduled start time is 04:00 P.M. at the Ahmedabad corporate office.
Mihika Industries has approved a significant fundraise of up to ₹90 crore through a Rights Issue of equity shares. To accommodate this, the Board has proposed a 10-fold increase in the Authorized Share Capital from ₹10 crore to ₹100 crore, subject to shareholder approval at the upcoming AGM on September 1, 2026. Additionally, the company announced a major board overhaul with the appointment of three new Independent Directors and the resignation of two others. This capital infusion is substantial for a company currently operating on a ₹10 crore authorized capital base.
- Approved fundraise of up to ₹90 crore via Rights Issue to eligible shareholders.
- Proposed increase in Authorized Share Capital from ₹10 crore to ₹100 crore.
- 43rd Annual General Meeting (AGM) scheduled for September 1, 2026, to approve capital changes.
- Appointment of three new Independent Directors: Ms. Pooja Sarkar, Ms. Shruti, and Mr. Sudhanshu Shekhar.
- Resignation of two Independent Directors, Mr. Saurabh and Ms. Reema Magotra, effective July 17, 2026.
Mihika Industries has scheduled a board meeting for July 17, 2026, to evaluate multiple fundraising options including Rights Issues, Preferential Issues, QIPs, or Private Placements. The board will also consider increasing the company's Authorized Share Capital and altering the Memorandum of Association to facilitate this. Additionally, the meeting will finalize the schedule and record dates for the upcoming Annual General Meeting (AGM).
- Board meeting scheduled for July 17, 2026, to discuss capital infusion.
- Multiple fundraising modes under consideration: Rights Issue, Preferential Issue, QIP, and Private Placement.
- Proposal to increase Authorized Share Capital and amend Clause V of the Memorandum of Association.
- Finalization of AGM date, record date, and e-voting schedule to be determined.
நிறுவனச் சுயவிவரம்
நிதிச் செயல்திறன்
இந்த நிறுவனத்துக்கான நிதிப் பகுப்பாய்வுத் தரவு இன்னும் கிடைக்கவில்லை.
செயல்பாட்டு உந்துசக்திகள்
இந்த நிறுவனத்திற்கான செயல்பாட்டுப் பகுப்பாய்வுத் தரவு இன்னும் கிடைக்கவில்லை.
வியூக வளர்ச்சி
இந்த நிறுவனத்துக்கான வியூக வளர்ச்சிப் பகுப்பாய்வு இன்னும் கிடைக்கவில்லை.
வெளிப்புறக் காரணிகள்
இந்த நிறுவனத்துக்கு வெளிப்புறக் காரணிகளின் பகுப்பாய்வு இன்னும் கிடைக்கவில்லை.
ஒழுங்குமுறை & நிர்வாகம்
இந்த நிறுவனத்திற்கான ஒழுங்குமுறைப் பகுப்பாய்வு இன்னும் கிடைக்கவில்லை.
அபாயப் பகுப்பாய்வு
இந்நிறுவனத்துக்கான அபாய பகுப்பாய்வு இன்னும் கிடைக்கவில்லை.
