Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹47.20, the stock trades at a trailing P/E ratio of 34.9x. Average trailing P/E is 26x in the Retail Distributors industry in India. Total returns to shareholders of 32% over the past three years. Reported Earnings • Jul 28
First quarter 2027 earnings released: EPS: ₹0.11 (vs ₹0.13 in 1Q 2026) First quarter 2027 results: EPS: ₹0.11 (down from ₹0.13 in 1Q 2026). Revenue: ₹69.9m (up 235% from 1Q 2026). Net income: ₹1.60m (down 12% from 1Q 2026). Profit margin: 2.3% (down from 8.7% in 1Q 2026). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Duyuru • Jul 18
Mishka Exim Limited to Report Q1, 2027 Results on Jul 27, 2026 Mishka Exim Limited announced that they will report Q1, 2027 results on Jul 27, 2026 Reported Earnings • Apr 30
Full year 2026 earnings released: EPS: ₹1.37 (vs ₹0.23 in FY 2025) Full year 2026 results: EPS: ₹1.37 (up from ₹0.23 in FY 2025). Revenue: ₹227.2m (up 384% from FY 2025). Net income: ₹19.8m (up 491% from FY 2025). Profit margin: 8.7% (up from 7.1% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Duyuru • Apr 20
Mishka Exim Limited to Report Q4, 2026 Results on Apr 28, 2026 Mishka Exim Limited announced that they will report Q4, 2026 results on Apr 28, 2026 Reported Earnings • Jan 14
Third quarter 2026 earnings released: EPS: ₹0.44 (vs ₹0.03 in 3Q 2025) Third quarter 2026 results: EPS: ₹0.44 (up from ₹0.03 in 3Q 2025). Revenue: ₹80.2m (up ₹74.9m from 3Q 2025). Net income: ₹6.34m (up ₹5.98m from 3Q 2025). Profit margin: 7.9% (up from 6.8% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Duyuru • Jan 06
Mishka Exim Limited to Report Q3, 2026 Results on Jan 13, 2026 Mishka Exim Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Jan 13, 2026 Duyuru • Nov 08
Mishka Exim Limited to Report Q2, 2026 Results on Nov 13, 2025 Mishka Exim Limited announced that they will report Q2, 2026 results at 12:15 PM, Indian Standard Time on Nov 13, 2025 Duyuru • Oct 03
Mishka Exim Limited Appoints Naresh Kumar Garg as Non-Executive Independent Director Mishka Exim Limited in its AGM held on September 30, 2025 approved the appointment of Naresh Kumar Garg (DIN:02290538) as Non-Executive Independent Director for a First Term of 5 consecutive years. Duyuru • Sep 05
Mishka Exim Limited, Annual General Meeting, Sep 30, 2025 Mishka Exim Limited, Annual General Meeting, Sep 30, 2025, at 10:00 Indian Standard Time. Location: le chef, 3rd floor,cross, river mall, c.b.d. ground, shahdara, delhi- 110032, India Duyuru • Aug 29
Mishka Exim Limited to Report Fiscal Year 2025 Results on Sep 05, 2025 Mishka Exim Limited announced that they will report fiscal year 2025 results on Sep 05, 2025 Reported Earnings • Jul 18
First quarter 2026 earnings released: EPS: ₹0.13 (vs ₹0.02 in 1Q 2025) First quarter 2026 results: EPS: ₹0.13 (up from ₹0.02 in 1Q 2025). Revenue: ₹21.8m (up 52% from 1Q 2025). Net income: ₹1.82m (up 410% from 1Q 2025). Profit margin: 8.4% (up from 2.5% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. New Risk • Jul 15
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m (₹47m revenue, or US$544k). Market cap is less than US$10m (₹502.6m market cap, or US$5.85m). Minor Risk Share price has been volatile over the past 3 months (7.5% average weekly change). Duyuru • Jul 09
Mishka Exim Limited to Report Q1, 2026 Results on Jul 17, 2025 Mishka Exim Limited announced that they will report Q1, 2026 results on Jul 17, 2025 Reported Earnings • May 05
Full year 2025 earnings released: EPS: ₹0.23 (vs ₹0.17 in FY 2024) Full year 2025 results: EPS: ₹0.23 (up from ₹0.17 in FY 2024). Revenue: ₹50.4m (up 23% from FY 2024). Net income: ₹3.34m (up 33% from FY 2024). Profit margin: 6.6% (up from 6.1% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Duyuru • Apr 24
Mishka Exim Limited to Report Q4, 2025 Results on May 02, 2025 Mishka Exim Limited announced that they will report Q4, 2025 results on May 02, 2025 Valuation Update With 7 Day Price Move • Jan 28
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹27.95, the stock trades at a trailing P/E ratio of 77.3x. Average trailing P/E is 33x in the Retail Distributors industry in India. Total returns to shareholders of 1.8% over the past three years. Reported Earnings • Jan 10
Third quarter 2025 earnings released: EPS: ₹0.03 (vs ₹0.03 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.03 (in line with 3Q 2024). Revenue: ₹5.37m (up 41% from 3Q 2024). Net income: ₹363.0k (down 5.7% from 3Q 2024). Profit margin: 6.8% (down from 10% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Duyuru • Jan 02
Mishka Exim Limited to Report Q3, 2025 Results on Jan 09, 2025 Mishka Exim Limited announced that they will report Q3, 2025 results at 12:15 PM, Indian Standard Time on Jan 09, 2025 New Risk • Dec 27
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹830.9m (US$9.72m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m (₹63m revenue, or US$737k). Market cap is less than US$10m (₹830.9m market cap, or US$9.72m). Reported Earnings • Nov 14
Second quarter 2025 earnings released: EPS: ₹0.10 (vs ₹0.05 loss in 2Q 2024) Second quarter 2025 results: EPS: ₹0.10 (up from ₹0.05 loss in 2Q 2024). Revenue: ₹12.9m (up 312% from 2Q 2024). Net income: ₹1.38m (up ₹2.09m from 2Q 2024). Profit margin: 11% (up from net loss in 2Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Duyuru • Nov 05
Mishka Exim Limited to Report Q2, 2025 Results on Nov 12, 2024 Mishka Exim Limited announced that they will report Q2, 2025 results on Nov 12, 2024 Duyuru • Sep 13
Mishka Exim Limited, Annual General Meeting, Sep 30, 2024 Mishka Exim Limited, Annual General Meeting, Sep 30, 2024, at 10:00 Indian Standard Time. Location: le chef, 3rd floor,cross, river mall, c.b.d. ground, shahdara, delhi- 110032, India New Risk • Aug 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m (₹54m revenue, or US$643k). Market cap is less than US$10m (₹803.3m market cap, or US$9.58m). Minor Risk Share price has been volatile over the past 3 months (8.7% average weekly change). Reported Earnings • Aug 13
First quarter 2025 earnings released: EPS: ₹0.02 (vs ₹0.02 loss in 1Q 2024) First quarter 2025 results: EPS: ₹0.02 (up from ₹0.02 loss in 1Q 2024). Revenue: ₹14.6m (up ₹13.5m from 1Q 2024). Net income: ₹357.0k (up ₹640.0k from 1Q 2024). Profit margin: 2.4% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has increased by 2% per year. Duyuru • Aug 05
Mishka Exim Limited to Report Q1, 2025 Results on Aug 12, 2024 Mishka Exim Limited announced that they will report Q1, 2025 results on Aug 12, 2024 Reported Earnings • May 07
Full year 2024 earnings released: EPS: ₹0.18 (vs ₹0.31 loss in FY 2023) Full year 2024 results: EPS: ₹0.18 (up from ₹0.31 loss in FY 2023). Revenue: ₹44.0m (down 68% from FY 2023). Net income: ₹2.51m (up ₹7.00m from FY 2023). Profit margin: 5.7% (up from net loss in FY 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Board Change • Apr 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. CFO & Director Varun Gupta was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jan 13
Third quarter 2024 earnings released: EPS: ₹0.03 (vs ₹0.10 loss in 3Q 2023) Third quarter 2024 results: EPS: ₹0.03 (up from ₹0.10 loss in 3Q 2023). Revenue: ₹5.30m (down 90% from 3Q 2023). Net income: ₹385.0k (up ₹1.88m from 3Q 2023). Profit margin: 7.3% (up from net loss in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance. Duyuru • Jan 05
Mishka Exim Limited to Report Q3, 2024 Results on Jan 12, 2024 Mishka Exim Limited announced that they will report Q3, 2024 results on Jan 12, 2024 Reported Earnings • Nov 11
Second quarter 2024 earnings released: ₹0.05 loss per share (vs ₹0.027 profit in 2Q 2023) Second quarter 2024 results: ₹0.05 loss per share (down from ₹0.027 profit in 2Q 2023). Revenue: ₹3.76m (down 82% from 2Q 2023). Net loss: ₹716.0k (down 277% from profit in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance. Duyuru • Nov 04
Mishka Exim Limited to Report Q2, 2024 Results on Nov 10, 2023 Mishka Exim Limited announced that they will report Q2, 2024 results on Nov 10, 2023 Duyuru • Sep 05
Mishka Exim Limited, Annual General Meeting, Sep 30, 2023 Mishka Exim Limited, Annual General Meeting, Sep 30, 2023, at 11:00 Indian Standard Time. Location: Le Chef, 3" Floor, Cross River Mall, CBD Ground, Shahdara, Delhi- 110032 Dehli India Agenda: To Consider the Audited Financial Statements of the Company for the Financial Year ended 31st March, 2023, the report of the Board of Directors and Auditors report thereon; To Consider the Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March, 2023 and the Report of Auditors thereon. New Risk • Aug 13
New major risk - Revenue and earnings growth Earnings have declined by 4.1% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 4.1% per year over the past 5 years. Market cap is less than US$10m (₹476.9m market cap, or US$5.75m). Minor Risk Revenue is less than US$5m (₹95m revenue, or US$1.1m). Reported Earnings • Aug 13
First quarter 2024 earnings released: ₹0.02 loss per share (vs ₹0.07 loss in 1Q 2023) First quarter 2024 results: ₹0.02 loss per share (improved from ₹0.07 loss in 1Q 2023). Revenue: ₹1.62m (down 96% from 1Q 2023). Net loss: ₹283.0k (loss narrowed 70% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Duyuru • Aug 12
Mishka Exim Limited Announces Appointment of Priyanka Pathak as Company Secretary Mishka Exim Limited announced that the Board of Directors at its Meeting held on Friday 11" August 2023, interalia, considered and approved the appointment of Ms. Priyanka Pathak (Membership No: A45173) as a Company Secretary and Compliance Officer of the Company with effect from 11 August 2023. Ms.Priyanka Pathak is an associate member of the Institute of Company Secretaries of India (ICSI) and also holds a degree of Bachelor of Commerce. She deals in areas of Corporate Laws and other secretarial compliances. Duyuru • Aug 05
Mishka Exim Limited to Report Q1, 2024 Results on Aug 11, 2023 Mishka Exim Limited announced that they will report Q1, 2024 results on Aug 11, 2023 New Risk • Jul 27
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹802.0m (US$9.79m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (₹802.0m market cap, or US$9.79m). Minor Risk Revenue is less than US$5m (₹137m revenue, or US$1.7m). Duyuru • Jul 03
Mishka Exim Limited Announces Executive Changes Mishka Exim Limited announced that Ms. Dimple Tyagi, company secretary and compliance officer of the company have tendered his resignation Letter of with effect from 30 June 2023. This resignation has been accepted and she is relieved from her services from closing hours of 30 June 2023. This company announced that Mr. Rajneesh Gupta (Managing Director) of the company has accepted to take the responsibility of compliance officer with effect from 1 July 2023. Reported Earnings • May 24
Full year 2023 earnings released: ₹0.31 loss per share (vs ₹0.006 profit in FY 2022) Full year 2023 results: ₹0.31 loss per share (down from ₹0.006 profit in FY 2022). Revenue: ₹138.7m (down 24% from FY 2022). Net loss: ₹4.48m (down ₹4.57m from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth. Board Change • Mar 30
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. Women Independent Director Anju Aggarwal was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 15
Third quarter 2023 earnings released: ₹0.10 loss per share (vs ₹0.02 profit in 3Q 2022) Third quarter 2023 results: ₹0.10 loss per share (down from ₹0.02 profit in 3Q 2022). Revenue: ₹54.0m (up 29% from 3Q 2022). Net loss: ₹1.50m (down ₹1.86m from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Duyuru • Feb 02
Mishka Exim Limited to Report Q3, 2023 Results on Feb 10, 2023 Mishka Exim Limited announced that they will report Q3, 2023 results on Feb 10, 2023 Reported Earnings • Nov 20
Second quarter 2023 earnings released: EPS: ₹0.025 (vs ₹0.10 loss in 2Q 2022) Second quarter 2023 results: EPS: ₹0.025 (up from ₹0.10 loss in 2Q 2022). Revenue: ₹20.8m (up 138% from 2Q 2022). Net income: ₹404.0k (up ₹1.92m from 2Q 2022). Profit margin: 1.9% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Duyuru • Sep 03
Mishka Exim Limited, Annual General Meeting, Sep 30, 2022 Mishka Exim Limited, Annual General Meeting, Sep 30, 2022, at 11:00 Indian Standard Time. Location: Le Chef, 3rd Floor, Cross River Mall, CBD Ground, Shahdara Delhi India Agenda: To consider the Audited Financial Statements of the Company for the Financial Year ended 31 March, 2022, the report of the Board of Directors and Auditors report thereon; to consider the Audited Consolidated Financial Statements of the Company for the Financial Year ended 31 March, 2022 and the Report of Auditors thereon; to consider directorate reelections; and to consider other matters. Reported Earnings • Aug 12
First quarter 2023 earnings released: ₹0.07 loss per share (vs ₹0.10 loss in 1Q 2022) First quarter 2023 results: ₹0.07 loss per share (up from ₹0.10 loss in 1Q 2022). Revenue: ₹43.7m (up 36% from 1Q 2022). Net loss: ₹948.0k (loss narrowed 34% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Duyuru • May 21
Mishka Exim Limited to Report Q4, 2022 Results on May 28, 2022 Mishka Exim Limited announced that they will report Q4, 2022 results on May 28, 2022 Duyuru • Feb 03
Mishka Exim Limited to Report Q3, 2022 Results on Feb 11, 2022 Mishka Exim Limited announced that they will report Q3, 2022 results on Feb 11, 2022 Reported Earnings • Feb 17
Third quarter 2021 earnings released: EPS ₹0.16 (vs ₹0.11 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹9.16m (up 195% from 3Q 2020). Net income: ₹2.27m (up ₹3.93m from 3Q 2020). Profit margin: 25% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Feb 12
New 90-day low: ₹26.95 The company is down 1.0% from its price of ₹27.30 on 14 November 2020. The Indian market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Retail Distributors industry, which is up 24% over the same period. Duyuru • Feb 06
Mishka Exim Limited to Report Q3, 2021 Results on Feb 13, 2021 Mishka Exim Limited announced that they will report Q3, 2021 results on Feb 13, 2021 Is New 90 Day High Low • Jan 20
New 90-day high: ₹29.05 The company is up 11% from its price of ₹26.20 on 22 October 2020. The Indian market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Retail Distributors industry, which is up 29% over the same period. Is New 90 Day High Low • Dec 03
New 90-day high: ₹28.40 The company is up 5.0% from its price of ₹27.10 on 03 September 2020. The Indian market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Retail Distributors industry, which is up 8.0% over the same period. Reported Earnings • Nov 15
Second quarter 2021 earnings released: EPS ₹0.05 The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₹17.1m (up ₹14.6m from 2Q 2020). Net income: ₹668.0k (up ₹4.03m from 2Q 2020). Profit margin: 3.9% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Is New 90 Day High Low • Oct 14
New 90-day low: ₹26.30 The company is down 1.0% from its price of ₹26.45 on 16 July 2020. The Indian market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Retail Distributors industry, which is up 15% over the same period. Duyuru • Sep 02
Mishka Exim Limited to Report Fiscal Year 2020 Final Results on Sep 04, 2020 Mishka Exim Limited announced that they will report fiscal year 2020 final results on Sep 04, 2020 
