Assembled from the company's filings and exchange data as of today. Download PDF renders this page on the server; the narrative sections arrive with the Nexa composer.
Dossier · Mitshi India Limited · 7 November 2026Page 1 of 3
Company Dossier
MarketPing Research · factual · no rating expressed
Mitshi India Limited
BSE: 523782
BSE: 523782
Services › Services › Commercial Services & Supplies › Trading & Distributors
Mitshi India Limited
StateQ3 FY21 filed
Last close · 6 Nov 2026₹13.10
Market cap₹0.0k cr
TTM P/E · P/B · EV/EBITDA20.5 · 5.18 · 13.6
Mitshi India Limited is a Commercial Services & Supplies company. The annual-report business brief for this company has not been generated yet; the numbers below are as filed.
What a broker report prints here — the analyst's thesis. This dossier prints the filed record instead; the narrative read of the latest results, the guidance ledger and the earnings-call summary are the composer's sections (INSTITUTIONAL-PLAN.md M3) and are not yet produced.
Exhibit 1: Financial summary, FY19–FY20 (all audited; no estimate years)
| ₹ crore · consolidated | FY19 | FY20 |
|---|---|---|
| Revenue | 6 | 10 |
| EBITDA (ex other income) | 1 | 1 |
| margin % | 20.7 | 7.9 |
| Owners' profit | 0 | 0 |
| EPS, as reported (₹) | 1.04 | 0.68 |
| ROE % · ROCE % | 40.1 · 32.8 | 20.6 · 21.8 |
| Debt / equity (x) | 0.21 | 0.28 |
| Cash from operations | — | — |
| Capex | — | — |
Source: SEBI results XBRL as filed with BSE/NSE; EBITDA excludes other income.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · Mitshi India Limited · 7 November 2026Page 2 of 3
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q4 FY19 | Q1 FY20 | Q2 FY20 | Q3 FY20 | Q4 FY20 | Q1 FY21 | Q2 FY21 | Q3 FY21 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2 | 2 | 2 | 3 | 2 | 1 | 2 | 3 |
| Profit before tax | 1 | 1 | 0 | 1 | (1) | (0) | 1 | 1 |
| Net profit | 1 | 0 | 0 | 0 | (1) | (0) | 0 | 1 |
| EPS (₹) | 0.62 | 0.46 | 0.40 | 0.51 | (0.69) | (0.06) | 0.48 | 0.91 |
Source: quarterly results as filed; the balance sheet is filed half-yearly and is not repeated here.
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| REDINGTON LIMITED | 25,680 | 13.8 | 2.36 | 12.2 | 8.0 | 10.8 | 15.9 | 2.0 |
| MMTC LIMITED | 8,018 | 17.9 | 3.78 | — | 18.3 | 21.6 | (83.7) | (2969.1) |
| MSTC LIMITED | 4,160 | 17.8 | 4.60 | 16.7 | 24.2 | 31.8 | (13.9) | 61.3 |
| CREATIVE NEWTECH LIMITED | 1,993 | 28.0 | 4.64 | 26.8 | 9.2 | 10.3 | — | 5.0 |
| Pervasive Commodities Limited | 1,182 | 77.2 | 13.13 | — | 0.0 | 0.0 | — | 1.9 |
| The Yamuna Syndicate Ltd | 774 | 8.5 | 0.60 | 508.1 | 4.0 | 0.3 | 4.8 | 3.4 |
| SHIV AUM STEELS LIMITED | 748 | 65.8 | 6.19 | 54.1 | 6.0 | 6.9 | — | 4.7 |
| THE STATE TRADING CORPN | 624 | 0.9 | — | — | — | — | — | — |
Source: exchange data and filed statements via the screener; multiples at current prices.
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 20.5 | 14.7 | 84 of 132 | 37% |
| P/B | 5.2 | 0.9 | 135 of 151 | 11% |
| ROCE | 17.0 | 1.6 | 15 of 175 | 92% |
| ROE | 16.5 | 2.0 | 16 of 158 | 90% |
| Debt / Equity | 0.4 | 0.1 | 111 of 156 | 29% |
| EBITDA margin | 33.6 | 2.3 | 11 of 146 | 93% |
| Revenue growth | 6.9 | (8.6) | 53 of 135 | 61% |
| Profit growth | 68.3 | 1.7 | 49 of 160 | 70% |
| Market cap | 12 | 21 | 122 of 178 | 32% |
Source: MarketPing peer ranks; a rank is a measurement, not a view.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · Mitshi India Limited · 7 November 2026Page 3 of 3
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 3 Nov 2026 · Mitshi India to review standalone results for quarter ended September 30, 2026 | results | low | — | — |
| 22 Oct 2026 · CFO Gayatri Umesh Mistry resigns for personal reasons | management changes | high | — | — |
| 12 Oct 2026 · Company Secretary Umesh Mistry resigns from Mitshi India | board shareholder meetings | low | — | — |
| 12 Oct 2026 · Company Secretary Umesh Mistry resigns from Mitshi India | management changes | high | — | — |
| 9 Oct 2026 · Post-Offer Advertisement filed for Mitshi India open offer at Rs 715 per share | compliance | minimal | — | — |
| 9 Oct 2026 · Post Offer Ad published for Mitshi India open offer; Acquirer holds 22.15% | strategic transactions | high | — | — |
| 6 Oct 2026 · Routine RTA compliance certificate for Q2 FY27 under SEBI Reg 74(5) | compliance | minimal | — | — |
| 30 Sept 2026 · Mitshi India 36th AGM: all 10 resolutions approved | board shareholder meetings | low | — | — |
| 29 Sept 2026 · Mitshi India 36th AGM held on Sept 29; 10 resolutions tabled | board shareholder meetings | medium | — | — |
| 29 Sept 2026 · 36th AGM: All 10 resolutions passed including FPI limit hike to 49% | board shareholder meetings | low | — | — |
Source: exchange announcements; each reaction is measured from the close before the filing. Next day = the close one session after the reaction day (the first session that could trade the filing).
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in