Mahip Industries Ltd.

Mahip Industries Ltd.

BBSE:MAHIP
16.02
INR
-0.84
(-4.98%)
420.97MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
48.15
48.19
54.04
55.83
72.9
94.6
10.82
3.69
1.46
-1.08
2.34
3.08
4.73
- -
Basic EPS, GAAP
0.54
0.49
0.58
0.63
2.91
0.35
-4.23
-9.58
-9.72
-1.58
-1.43
0.04
1.46
- -
Free Cash Flow per Basic Share
3.34
-1.77
5.3
1.53
-1
-6.99
3.35
5.62
-4.11
1.1
-13.75
-0.33
-0.54
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
4.9
6.96
7.55
8.2
11.98
20.9
16.68
7.03
-2.69
-4.27
-5.32
-5.27
-3.82
-3.82
Tangible Book Value per Share
4.89
6.94
7.54
8.2
11.98
20.9
16.68
7.03
-2.78
-4.27
-5.32
-5.27
-3.82
-3.82
Basic Weighted Avg Shares
19
19
19
19
19
14
19
19
19
19
16
20
19
19
Sales/Revenue/Turnover
926
927
1,040
1,074
1,403
1,355
208
71
28
-21
36
62
91
- -
Operating Margin (%)
4.85
5.33
5.12
5.23
7.99
3.69
-37.05
-273.86
-215.85
77.31
-89.31
-13.79
16.71
- -
Depreciation Expense
11
14
17
16
1
17
17
16
3
2
2
3
3
- -
Net Income, GAAP
10
9
11
12
56
5
-81
-184
-187
-30
-22
1
28
- -
Effective Tax Rate (%)
30.92
31.94
33.83
33.22
23.3
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
1.12
1.01
1.07
1.14
3.99
0.37
-39.09
-259.46
-663.79
146.62
-61.08
1.3
30.79
- -
Working Capital
65
93
56
83
183
348
241
-39
-221
-270
-17
2
32
32
LT Debt
76
117
98
80
158
154
156
114
113
100
88
70
71
71
Total Equity
96
135
147
158
231
402
321
135
-52
-82
-102
-101
-73
-73
Return on Invested Capital (%)
- -
7.82
7.27
7.7
15.66
7.02
- -
- -
- -
- -
- -
- -
-193.67
- -
Return on Capital (%)
- -
7.93
7.75
8.13
16.23
7.49
- -
- -
- -
- -
- -
-9.12
-169.05
- -
Return on Common Equity (%)
- -
8.24
7.99
8.05
28.86
1.6
-22.5
-80.82
- -
- -
- -
- -
- -
- -

Capital Structure

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
70
65
71
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
19
19
19
Market Capitalization
- -
- -
421

Working Capital

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
62
101
77
Cash, Cash Equivalents & STI
1
2
- -
Accounts Receivable, Net
41
71
55
Inventories
5
6
1
Total Current Liabilities
60
93
45
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-3.32%
-16.64%
-27.62%
Free Cash Flow
-136.12%
-289.72%
54.27%
Net Income, GAAP
184.14%
629.56%
3,360.62%
Sales/Revenue/Turnover
-51.18%
-78.37%
46.19%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
36
2025
- -
- -
62
2026
- -
- -
91

Semi-annual Earnings Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
-1.43
2025
- -
- -
0.04
2026
- -
- -
1.46

Semi-annual Dividends Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

Sector
Process industries
Industry
Containers/Packaging
Address
Ahmedabad India
IPO Date
Mar 12, 2019
Business
Mahip Industries Ltd. is an India-based packaging solutions provider engaged in the manufacturing, processing, and distribution of corrugated packaging materials, paper containers, and customized industrial packaging products. The company operates through a comprehensive product portfolio that comprises corrugated shipping boxes, including single-wall, double-wall, and triple-wall corrugated cartons; customized die-cut packaging boxes; heavy-duty master cartons; corrugated sheets and continuous rolls; laminated mono cartons; duplex board packaging; interior packaging accessories such as partitions, pads, and protective fitments; and specialty multi-color offset and flexographic printed packaging solutions. These offerings cater to a wide range of end-user industries, including fast-moving consumer goods, pharmaceuticals, food and beverage processing, textiles, consumer electronics, e-commerce logistics, and automotive components. Founded in 1995 and headquartered in Ahmedabad, Gujarat, India, Mahip Industries Ltd. maintains production capabilities supporting regional and national supply chain requirements across India, with core distribution concentrated in western and northern industrial corridors. In recent corporate and operational developments, the company has undertaken strategic expansions of its production infrastructure by installing advanced automated corrugation machinery and multi-color flexographic printing lines to enhance throughput, improve dimensional accuracy, and meet heightened demand for lightweight high-strength packaging. Furthermore, Mahip Industries Ltd. has expanded its portfolio of eco-friendly and 100% recyclable biodegradable corrugated products to align with corporate sustainability mandates, while entering into new strategic supply partnerships with regional consumer goods and industrial manufacturers to solidify its B2B market footprint and optimize raw material procurement workflows.