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 · 22 September 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 · 21 Sept 2026₹15.45
Market cap₹0.0k cr
TTM P/E · P/B · EV/EBITDA24.1 · 6.11 · 15.3
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 · 22 September 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 | 30,731 | 18.1 | 2.95 | 14.3 | 12.3 | 15.7 | 15.9 | 2.2 |
| MMTC LIMITED | 8,976 | 20.1 | 4.23 | 19.1 | 18.3 | 21.6 | (83.7) | 18426.5 |
| MSTC LIMITED | 5,146 | 22.0 | 5.69 | 15.4 | 24.2 | 31.8 | (13.9) | 86.5 |
| SHANKARA BUILDPRO LIMITED | 3,080 | 23.4 | 5.64 | 13.6 | 23.4 | 31.8 | — | 3.3 |
| CREATIVE NEWTECH LIMITED | 1,707 | 26.2 | 4.41 | 19.5 | 18.1 | 21.0 | — | 5.2 |
| Pervasive Commodities Limited | 952 | 0.1 | 10.59 | — | (0.0) | (0.0) | — | 45.0 |
| The Yamuna Syndicate Ltd | 807 | 8.8 | 0.63 | 203.2 | 4.0 | 0.3 | 4.8 | 6.2 |
| THE STATE TRADING CORPN | 667 | 1.0 | — | 52.3 | — | — | — | — |
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) | 23.7 | 13.9 | 112 of 164 | 32% |
| P/B | 6.0 | 1.0 | 133 of 146 | 9% |
| ROCE | 17.0 | 2.0 | 21 of 184 | 89% |
| ROE | 16.5 | 2.3 | 22 of 174 | 88% |
| Debt / Equity | 0.4 | 0.0 | 131 of 175 | 25% |
| EBITDA margin | 33.6 | 4.5 | 16 of 137 | 89% |
| Revenue growth | 6.9 | (8.6) | 54 of 135 | 60% |
| Profit growth | 68.3 | 0.6 | 60 of 157 | 62% |
| Market cap | 13 | 24 | 112 of 177 | 37% |
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 · 22 September 2026Page 3 of 3
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 7 Sept 2026 · Mitshi India 36th AGM notice published; meeting on 29 Sept 2026 via online mode | compliance | minimal | — | — |
| 5 Sept 2026 · 36th Annual Report filed for FY 2025-26; AGM set for 29 Sep 2026 | results | medium | — | — |
| 5 Sept 2026 · Notice of 36th AGM on Sept 29, 2026 - director changes, investment limit raise | board shareholder meetings | low | — | — |
| 4 Sept 2026 · Book closure Sep 23-29, 2026 for 36th AGM | board shareholder meetings | low | — | — |
| 4 Sept 2026 · Mitshi India sets remote e-voting for 36th AGM | board shareholder meetings | low | — | — |
| 4 Sept 2026 · Mitshi India appoints Vishakha Agrawal and Associates as Secretarial Auditor for 5 years | management changes | low | — | — |
| 4 Sept 2026 · Mitshi India: Secretarial Auditor resigns citing professional commitments | management changes | low | — | — |
| 4 Sept 2026 · Board clears FY26 report, names new auditor, sets AGM on Sep 29 | board shareholder meetings | medium | — | — |
| 2 Sept 2026 · Open Offer by Mr. Karronn Bajaj to acquire 26% of Mitshi India at Rs.15/share | strategic transactions | high | — | — |
| 2 Sept 2026 · Pre-Offer Ad: Open Offer for 26% Mitshi India shares at Rs 15 each | compliance | minimal | — | — |
Source: exchange announcements; reaction = close-to-close from the filing's session.
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