Mahip Industries Ltd

Mahip Industries Ltd (MAHIP) is a micro-cap Industrial Products company valued at ₹31 crore operating in Packaging on the NSE and BSE.

Recent price move

Mahip Industries Ltd last traded at ₹16.02, unchanged on the day.

Recent developments

On 2026-03-31, the company reported its latest quarter results, showing revenue of ₹2 crore and net profit of ₹0 crore, a sharp decline from the ₹6 crore revenue and ₹0 crore net loss in the same quarter a year earlier. In the prior quarter, the company posted a net profit of ₹3 crore on revenue of ₹7 crore, marking a significant turnaround from the previous quarter's ₹0 crore revenue and ₹0 crore net loss.

Financial performance

The company's annual revenue rose 46.1% year-over-year, but the latest quarter's revenue fell 68.0% compared to the same quarter a year earlier. Net profit surged 3400.0% annually, but the latest quarter's net profit remained flat at ₹0 crore. The net profit margin expanded 29.5 percentage points to 30.8%, but return on capital employed turned negative at -1,055.6%.

Valuation multiples

The stock trades at 11.0 times earnings, -4.52 times book value.

Things to watch

The company's return on capital employed is -1,055.6%, indicating severe inefficiency in generating returns from its capital. The stock is 46.6% below its 52-week high, and the latest quarter's revenue fell 68.0% compared to the same quarter a year earlier. The company's net profit margin, while up, is not enough to offset the negative return on capital employed.

Where it stands

Mahip Industries Ltd's business has shown strong annual net profit growth, but recent quarterly performance has been weak. The company's return on capital employed is extremely negative, and the stock is significantly below its 52-week high. The latest quarter's revenue decline highlights ongoing challenges in sustaining growth.

Summarised by DocStoX's model on 2026-10-18 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.