About Mihika Industries Ltd.
Data last updated:
Mihika Industries Ltd. is a public limited company based in North 24 Parganas, West Bengal, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 05 January 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN L70101WB1983PLC035638. It is a listed company as per MCA records. Its shares are listed on BSE: 538895.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹10 Cr. It is led by directors including Bipinbhai Becharbhai Prajapati (Managing Director) and Sudhanshu Shekhar.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Floor At Rajarhat IT Park, North 24 Parganas, West Bengal.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹2.68 Cr, a decline of 92.3% compared to the previous year. For the same year it recorded a net profit of ₹10 Lakh (net margin 3.7%) and EBITDA of -₹48 Lakh (EBITDA margin -17.9%). The net worth stands at ₹21.97 Cr (up 0.4% YoY). Total assets are valued at ₹22.13 Cr (up 0.4% YoY).
The company is associated with 1 brand: Mihika Industries. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it. The company has 47 deals on record (47 market trades); the latest was in September 2026. Its 4 peer companies in the BFSI industry (Broking Services, Textile Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 3 larger and 1 smaller; the largest is Maaji Tex-Trade Private Limited with revenue of ₹35.43 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mihika.co.in.
Company details
CIN history
Mihika Industries has one previous CIN (Corporate Identification Number): U70101WB1983PLC035638. The current CIN is L70101WB1983PLC035638, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L70101WB1983PLC035638 | Current |
| U70101WB1983PLC035638 | Previous |
Contact details
Mihika Industries Ltd.'s registered office is in North 24 Parganas, West Bengal. Its website is mihika.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressAso – 432 On The 4th (Fourth) Floor At Rajarhat IT Park Ltd, At Plot No – 2C/I Action Area II C Rajarhat New Town Kolkata, North 24 Parganas, West Bengal, India – 700161
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Mihika Industries Ltd., buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Mihika Industries operates one associated brand: Mihika Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Fabrics are distributed by Mihika Industries in Kolkata, India. | mihika.co.in |
Business activity
The main business activity of Mihika Industries is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Mihika Industries Ltd., buy the company report.
Financials of Mihika Industries Ltd.
FY 2025-26 filings availableMihika Industries Ltd. reported revenue of ₹2.68 Cr (down 92.3% YoY) for FY 2025-26.
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 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.45 | 0.45 | 0.22 | 0.35 | 1.66 | 27.77 | 0.55 | 6.34 |
| Revenue growth (YoY) | -72.9% | -98.4% | -60.0% | -94.5% | +1975.0% | - | - | - |
| Other income | 0.14 | 0.14 | 0.14 | 0.15 | 0.15 | (0.20) | 0.27 | 0.26 |
| Total expenses | 0.58 | 0.60 | 0.34 | 0.44 | 1.80 | 28.53 | 0.53 | 6.01 |
| EBITDA | (0.13) | (0.15) | (0.12) | (0.09) | (0.14) | (0.76) | 0.02 | 0.33 |
| EBITDA margin | -28.9% | -33.3% | -54.5% | -25.7% | -8.4% | -2.7% | +3.6% | +5.2% |
| 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 | 0.01 | (0.01) | 0.02 | 0.06 | 0.01 | (0.96) | 0.29 | 0.59 |
| Tax | 0.00 | (0.03) | 0.01 | 0.02 | 0.01 | (0.22) | 0.07 | 0.15 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.45 | 0.45 | 0.22 | 0.35 | 1.66 | 27.77 | 0.55 | 6.34 |
| Revenue growth (YoY) | -72.9% | -98.4% | -60.0% | -94.5% | +1975.0% | - | - | - |
| Other income | 0.14 | 0.14 | 0.14 | 0.15 | 0.15 | (0.20) | 0.27 | 0.26 |
| Total expenses | 0.58 | 0.60 | 0.34 | 0.44 | 1.80 | 28.53 | 0.53 | 6.01 |
| EBITDA | (0.13) | (0.15) | (0.12) | (0.09) | (0.14) | (0.76) | 0.02 | 0.33 |
| EBITDA margin | -28.9% | -33.3% | -54.5% | -25.7% | -8.4% | -2.7% | +3.6% | +5.2% |
| 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 | 0.01 | (0.01) | 0.02 | 0.06 | 0.01 | (0.96) | 0.29 | 0.59 |
| Tax | 0.00 | (0.03) | 0.01 | 0.02 | 0.01 | (0.22) | 0.07 | 0.15 |
| 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 |
To see the full year-wise statements and ratios of Mihika Industries Ltd., buy the company report.
Board of directors of Mihika Industries Ltd.
Mihika Industries has 7 current directors and 23 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhanshu Shekhar Also directs: Tick and Tie LLP, Taxtoil Global LLP | Additional Director | 17 Jul 2026 | 0 Years 3 Months | Current |
| Shruti Also directs: Super Fine Knitters Limited | Additional Director | 17 Jul 2026 | 0 Years 3 Months | Current |
| Reema Magotra Also directs: Avi Polymers Limited, Kaizen Agro Infrabuild Limited, Alstone Textiles (India) Limited and 3 more | Additional Director | 02 Feb 2026 | 0 Years 8 Months | Current |
| Saurabh | Additional Director | 02 Feb 2026 | 0 Years 8 Months | Current |
| Bipinbhai Becharbhai Prajapati Also directs: Seedluxe Enterprise Private Limited, Suspra Growsps Trading Private Limited, Agriquanta Enterprise Private Limited and 2 more | Managing Director | 18 Oct 2025 | 1 Years 0 Months | Current |
| Yagnik Vasant Prajapati | Additional Director | 02 Feb 2026 | 0 Years 8 Months | Current |
Peer comparison
Mihika Industries Ltd. is compared with the 4 companies closest to it by revenue in the BFSI industry (Broking Services, Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Maaji Tex-Trade Private Limited | ₹35.43 Cr (FY 2025) | -18.0% | Ahmedabad, Gujarat, India | |||
| Indigo Multifab Private Limited | ₹35.43 Cr (FY 2025) | -27.0% | New Delhi, Delhi, India | |||
| Tremendous Sales Private Limited | ₹35.39 Cr (FY 2017) | 9.0% | Kolkata, West Bengal, India | |||
| Nagreeka Foils Limited | ₹35.28 Cr (FY 2024) | -8.0% | Kolkata, West Bengal, India | |||
| Mihika Industries Ltd.this company | ₹2.68 Cr (FY 2026) | ₹10 Lakh | 3.7% | -92.3% | North 24 Parganas, West Bengal, India |
To see the full peer comparison of Mihika Industries Ltd., buy the company report.
Auditor
Mihika Industries Ltd. is audited by KHANDELWAL PREM & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KHANDELWAL PREM & ASSOCIATES | FY 2023 | 317092E |
Shareholding
Shareholding for the quarter ended Mar 2026: promoters hold 47.10%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 52.90%.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | |
|---|---|---|---|---|
| Promoters | 47.10% | 47.10% | 47.10% | 47.10% |
| Public | 52.90% | 52.90% | 52.90% | 52.90% |
Deals & funding
Mihika Industries Ltd. has 47 deals on record (47 market trades); the latest was in September 2026.
Deals on record (5 of 47)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2026 | Market trade | ₹25 Lakh | Buyer: Parnit Ventures Private Limited Seller: Parnit Ventures Private Limited , Metrocity Heart Care and Critical Care Private Limited |
| Sep 2026 | Market trade | ₹52.6 Lakh | Buyer: Patriotic Tradelink Private Limited Seller: 3 individuals |
| Aug 2026 | Market trade | ₹5.9 Lakh | Buyer: Responce Commodities LLP Seller: Pradeep Kumar Daga Huf |
| May 2026 | Market trade | ₹18.8 Lakh | Buyer: Plastomatic Packaging Private Limited |
| Jan 2026 | Market trade | ₹17.2 Lakh | Buyer: Yellow Bricks Gold Empier Private Limited Seller: an individual |
To see the full deal history of Mihika Industries Ltd., buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mihika Industries Ltd. has 4 court cases on record: 3 filed by Mihika Industries, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 1 | 0 |
Cases on record (2 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Company petition | Filed against the company by Kalyanpur Cements Ltd. | Disposed |
| High Court, West Bengal | Writ petition | Filed by the company against Union of India and Ors | Disposed |
To see the full case history of Mihika Industries Ltd., buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mihika Industries Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Mihika Industries Ltd.; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mihika Industries Ltd. has 27 board changes on record since 2010: 7 appointments and 20 cessations. The latest: Pooja Sarkar was appointed as Additional Director on 17 Jul 2026.
18 earlier events are in the company report.
Frequently asked questions
Mihika Industries is an active public limited company based in North 24 Parganas, West Bengal, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 05 January 1983 (43+ years old) and is registered under CIN L70101WB1983PLC035638. Listed on BSE: 538895.
Mihika Industries reported revenue of ₹2.68 Cr for FY 2025-26 (down 92.3% YoY) based on standalone financials.
Mihika Industries has 7 current directors:
- Bipinbhai Becharbhai Prajapati - Managing Director
- Sudhanshu Shekhar - Additional Director
- Shruti - Additional Director
- Reema Magotra - Additional Director
- Saurabh - Additional Director
- Yagnik Vasant Prajapati - Additional Director
- Pooja Sarkar - Additional Director
The latest financial statements of Mihika Industries on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Mihika Industries is L70101WB1983PLC035638. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Mihika Industries is a listed company as per MCA records. Its shares are listed on BSE (code: 538895).
Mihika Industries has 4 court cases on record: 3 filed by the company and 1 filed against it.
Mihika Industries was incorporated on 05 January 1983, making it 43+ years old. It is registered with the Registrar of Companies, Kolkata.
Mihika Industries has 47 deals on record (47 market trades); the latest was in September 2026.
The peers of Mihika Industries by revenue are Maaji Tex-Trade Private Limited, Indigo Multifab Private Limited, Tremendous Sales Private Limited, Nagreeka Foils Limited, all in the BFSI industry (Broking Services, Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Pooja Sarkar was appointed as Additional Director on 17 Jul 2026. Shruti was appointed as Additional Director on 17 Jul 2026. Sudhanshu Shekhar was appointed as Additional Director on 17 Jul 2026. Mihika Industries has 27 board changes on record in total.