About Mihika Industries
Mihika Industries is a publicly listed company based in Kolkata (India) founded in 1983. Fabrics are distributed by Mihika Industries in Kolkata, India. Its Indian entity Mihika Industries Ltd. reported revenue of ₹3.26 Cr. Its focus areas include Chemicals and Materials and Materials Distributors.
Company details
Mihika Industries was founded in 1983 and is based in Kolkata, India. Operations focus on the distribution of fabrics within the textile sector. The company handles wholesale supply to various markets across the region. Leadership is provided by Managing Director Kuldeep Kumar Sethia. Domain presence is maintained at mihika.co.in for business inquiries and transactions.
- Headquarters Kolkata, India
- Stage Public
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website mihika.co.in
- Legal Name Mihika Industries Ltd.
- Date of Incorporation 05 Jan, 1983
- Jurisdiction Kolkata, West Bengal, India
- Market Cap₹118 Cr
MIHIKA · BSE
- Share Price₹11.19
-4.93% today
- Revenue₹2.68 Cr
FY 2025-26 · -92.3% YoY
- EBITDA−₹0.48 Cr
Margin -17.9%
- Net Profit₹0.10 Cr
FY 2025-26 · +100.0% YoY
- ROE0.4%
ROCE 0.4%
- Debt / Equity0.01
Interest cover 0.0x
Associated legal entities of Mihika Industries
Mihika Industries operates through Mihika Industries Ltd., a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Mihika Industries Ltd. Listed CIN L70101WB1983PLC035638 | Active | 05 Jan 1983 | Kolkata, West Bengal | ₹3.3 Cr | 10 | 9 | View details |
Board of directors of Mihika Industries Ltd. (Mihika Industries)
Mihika Industries Ltd. is the primary company behind Mihika Industries. The board of Mihika Industries Ltd. currently have 7 directors; the longest-serving is Bipinbhai Becharbhai Prajapati, appointed in 2025. 24 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Bipinbhai Becharbhai Prajapati DIN 11000222 | Managing Director | 18 Oct 2025 | 1 yr | Mihika Industries Ltd. |
| Reema Magotra DIN 09804839 | Additional Director | 02 Feb 2026 | 9 mo | Mihika Industries Ltd. |
| Saurabh DIN 10790325 | Additional Director | 02 Feb 2026 | 9 mo | Mihika Industries Ltd. |
| Yagnik Vasant Prajapati DIN 11400573 | Additional Director | 02 Feb 2026 | 9 mo | Mihika Industries Ltd. |
| Sudhanshu Shekhar DIN 06971467 | Additional Director | 17 Jul 2026 | 3 mo | Mihika Industries Ltd. |
| . Shruti DIN 10310241 | Additional Director | 17 Jul 2026 | 3 mo | Mihika Industries Ltd. |
| Pooja Sarkar DIN 11189205 | Additional Director | 17 Jul 2026 | 3 mo | Mihika Industries Ltd. |
People of Mihika Industries
1 people are tracked at Mihika Industries (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Managing Director | Leadership |
Complete people profiles for Mihika Industries
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Mihika Industries
Mihika Industries is a publicly listed company on the BSE with ticker symbol MIHIKA in India, operating in the Trading sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date15 Jan 2015
- Listed onBSE: 538895
- Listed entityMihika Industries Ltd.
- Exchange sectorTrading
Financials of Mihika Industries
Exchange-reported figures of Mihika Industries Ltd., the listed company behind Mihika Industries (BSE: MIHIKA).
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 2.68 | 34.74 | 6.20 | 0.00 | 1.76 | 1.78 | 2.04 |
| Revenue growth | -92.3% | +460.3% | - | -100.0% | -1.1% | -12.8% | - |
| EBITDA | (0.48) | (0.49) | (0.69) | (4.50) | (1.43) | (1.43) | (1.41) |
| EBITDA margin | -17.9% | -1.4% | -11.1% | - | -81.3% | -80.3% | -69.1% |
| Profit before tax | 0.10 | 0.11 | 0.19 | (3.23) | (0.01) | (0.22) | (0.07) |
| Net profit | 0.10 | 0.05 | 0.10 | (2.34) | (0.09) | (0.28) | (0.06) |
| Net profit margin | +3.7% | +0.1% | +1.6% | - | -5.1% | -15.7% | -2.9% |
| EPS (₹) | 0.09 | 0.05 | 0.18 | (2.42) | (0.02) | (0.16) | (0.05) |
| Balance sheet | |||||||
| Total assets | 22.13 | 22.04 | 21.83 | 21.65 | 24.07 | 24.09 | 24.25 |
| Net worth | 21.97 | 21.88 | 21.83 | 21.65 | 24.07 | 24.09 | 24.25 |
| Total debt | 0.16 | 0.16 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash & bank | 0.03 | 0.01 | 0.04 | 0.57 | 0.36 | 0.19 | 0.17 |
| Net working capital | 3.92 | 0.93 | 20.76 | 20.24 | 23.70 | 23.80 | 24.02 |
| Cash flow | |||||||
| Cash from operations | (2.88) | 19.89 | (0.86) | 0.48 | 0.20 | (1.51) | (2.49) |
| Cash from investing | 2.89 | (20.07) | 0.33 | (0.27) | (0.03) | 1.52 | 2.11 |
| Cash from financing | 0.00 | 0.15 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5.28 | 0.45 | 0.45 | 0.22 | 0.35 | 1.66 | 27.77 | 0.55 |
| Revenue growth (YoY) | +1408.6% | -72.9% | -98.4% | -60.0% | -94.5% | +1975.0% | - | - |
| Other income | 0.10 | 0.14 | 0.14 | 0.14 | 0.15 | 0.15 | (0.20) | 0.27 |
| Total expenses | 5.34 | 0.58 | 0.60 | 0.34 | 0.44 | 1.80 | 28.53 | 0.53 |
| EBITDA | (0.06) | (0.13) | (0.15) | (0.12) | (0.09) | (0.14) | (0.76) | 0.02 |
| EBITDA margin | -1.1% | -28.9% | -33.3% | -54.5% | -25.7% | -8.4% | -2.7% | +3.6% |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.04 | 0.01 | (0.01) | 0.02 | 0.06 | 0.01 | (0.96) | 0.29 |
| Tax | 0.01 | 0.00 | (0.03) | 0.01 | 0.02 | 0.01 | (0.22) | 0.07 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5.28 | 0.45 | 0.45 | 0.22 | 0.35 | 1.66 | 27.77 | 0.55 |
| Revenue growth (YoY) | +1408.6% | -72.9% | -98.4% | -60.0% | -94.5% | +1975.0% | - | - |
| Other income | 0.10 | 0.14 | 0.14 | 0.14 | 0.15 | 0.15 | (0.20) | 0.27 |
| Total expenses | 5.34 | 0.58 | 0.60 | 0.34 | 0.44 | 1.80 | 28.53 | 0.53 |
| EBITDA | (0.06) | (0.13) | (0.15) | (0.12) | (0.09) | (0.14) | (0.76) | 0.02 |
| EBITDA margin | -1.1% | -28.9% | -33.3% | -54.5% | -25.7% | -8.4% | -2.7% | +3.6% |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.04 | 0.01 | (0.01) | 0.02 | 0.06 | 0.01 | (0.96) | 0.29 |
| Tax | 0.01 | 0.00 | (0.03) | 0.01 | 0.02 | 0.01 | (0.22) | 0.07 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 2.68 | 34.74 | 6.20 | 0.00 | 1.76 | 1.78 | 2.04 |
| Revenue growth | -92.3% | +460.3% | - | -100.0% | -1.1% | -12.8% | - |
| Other income | 0.58 | 0.60 | 0.88 | 1.27 | 1.42 | 1.21 | 1.34 |
| Total expenses | 3.16 | 35.23 | 6.89 | 4.50 | 3.19 | 3.21 | 3.45 |
| Employee cost | 0.13 | 0.09 | 0.19 | 0.37 | 0.47 | 0.49 | 0.47 |
| EBITDA | (0.48) | (0.49) | (0.69) | (4.50) | (1.43) | (1.43) | (1.41) |
| EBITDA margin | -17.9% | -1.4% | -11.1% | - | -81.3% | -80.3% | -69.1% |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.10 | 0.11 | 0.19 | (3.23) | (0.01) | (0.22) | (0.07) |
| Tax | 0.00 | 0.06 | 0.02 | (0.83) | 0.00 | (0.06) | (0.02) |
| Net profit | 0.10 | 0.05 | 0.10 | (2.34) | (0.09) | (0.28) | (0.06) |
| Net profit margin | +3.7% | +0.1% | +1.6% | - | -5.1% | -15.7% | -2.9% |
| EPS (₹) | 0.09 | 0.05 | 0.18 | (2.42) | (0.02) | (0.16) | (0.05) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Reserves & surplus | 11.97 | 11.88 | 11.83 | 11.65 | 14.07 | 14.09 | 14.25 |
| Shareholders' funds (net worth) | 21.97 | 21.88 | 21.83 | 21.65 | 24.07 | 24.09 | 24.25 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 0.16 | 0.16 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total debt | 0.16 | 0.16 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total liabilities | 22.13 | 22.04 | 21.83 | 21.65 | 24.07 | 24.09 | 24.25 |
| Assets | |||||||
| Gross block | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| Net block | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.33 | 0.12 | 0.04 | 0.04 |
| Inventories | 2.31 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 1.57 | 0.90 | 6.20 | 0.00 | 0.00 | 0.17 | 0.07 |
| Cash & bank balances | 0.03 | 0.01 | 0.04 | 0.57 | 0.36 | 0.19 | 0.17 |
| Loans & advances | 0.04 | 0.04 | 14.71 | 20.10 | 23.34 | 23.44 | 23.78 |
| Total current assets | 3.95 | 0.95 | 20.95 | 20.67 | 23.70 | 23.80 | 24.02 |
| Total current liabilities | 0.03 | 0.02 | 0.19 | 0.43 | 0.00 | 0.00 | 0.00 |
| Net working capital | 3.92 | 0.93 | 20.76 | 20.24 | 23.70 | 23.80 | 24.02 |
| Total assets | 22.13 | 22.04 | 21.83 | 21.65 | 24.07 | 24.09 | 24.25 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.01 | 0.04 | 0.57 | 0.36 | 0.19 | 0.17 | 0.55 |
| Net cash from operating activities | (2.88) | 19.89 | (0.86) | 0.48 | 0.20 | (1.51) | (2.49) |
| Net cash from investing activities | 2.89 | (20.07) | 0.33 | (0.27) | (0.03) | 1.52 | 2.11 |
| Net cash from financing activities | 0.00 | 0.15 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net change in cash | 0.01 | (0.02) | (0.53) | 0.21 | 0.17 | 0.02 | (0.38) |
| Closing cash | 0.03 | 0.01 | 0.04 | 0.57 | 0.36 | 0.19 | 0.17 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -92.3% | +460.3% | - | -100.0% | -1.1% | -12.8% | - |
| EBITDA growth | +2.0% | +29.0% | +84.7% | -214.7% | 0.0% | -1.4% | - |
| PBT growth | -9.1% | -42.1% | +9998.0% | - | +95.5% | -214.3% | +85.1% |
| Net income growth | +100.0% | -50.0% | +104.3% | -2500.0% | +67.9% | -366.7% | - |
| Revenue CAGR (3Y) | - | +170.3% | +51.6% | -100.0% | -0.2% | -0.9% | +4.9% |
| EBITDA CAGR (3Y) | -52.6% | -30.0% | -21.6% | +47.2% | -5.0% | 0.0% | +0.7% |
| Profitability & leverage | |||||||
| Net income margin | +3.7% | +0.1% | +2.7% | - | -0.6% | -9.0% | -2.5% |
| Return on capital employed | +0.4% | +0.4% | +0.6% | 0.0% | 0.0% | 0.0% | 0.0% |
| Return on net worth | +0.4% | +0.2% | +0.5% | 0.0% | 0.0% | 0.0% | 0.0% |
| Debt / equity | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 134.00 | 1,737.00 | 310.00 | 0.00 | 88.00 | 89.00 | 102.00 |
| Inventory turnover | 2.32 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 2.17 | 9.79 | 2.00 | 0.00 | 20.71 | 14.83 | 58.29 |
| EPS (₹) | 0.09 | 0.05 | 0.18 | (2.42) | (0.02) | (0.16) | (0.05) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 21.97 | 21.88 | 21.83 | 21.65 | 24.07 | 24.09 | 24.25 |
Top companies in Materials Distribution & Associations
2 companies that operate in the same segment as Mihika Industries (Materials Distribution & Associations) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
International trader and distributor of chemicals, petrochemicals, polymers, and paper products | 1985 | Mumbai, Maharashtra, India | USD 331.79 M | 9 | ||
Plastic raw materials are distributed to automobile manufacturers. | 2003 | Gurugram, Haryana, India | USD 47.07 M |
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Frequently Asked Questions about Mihika Industries
Mihika Industries was founded in 1983.
Mihika Industries is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.
The primary company behind Mihika Industries, Mihika Industries Ltd., reported revenue of ₹3.26 Cr for FY 2026, down 92% year on year.
Mihika Industries was founded in 1983 and is based in Kolkata, India. Operations focus on the distribution of fabrics within the textile sector. The company handles wholesale supply to various markets across the region. Leadership is provided by Managing Director Kuldeep Kumar Sethia. Domain presence is maintained at mihika.co.in for business inquiries and transactions.
Yes, Mihika Industries is publicly traded on BSE under the ticker symbol MIHIKA.
Mihika Industries operates through Mihika Industries Ltd..
The legal entities of Mihika Industries currently have 9 directors, including Sudhanshu Shekhar, . Shruti, Pawansut Swami and others.