Mohit Industries Ltd

Mohit Industries Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Mohit Industries Ltd

₹ 22.2 3.75%
14 May - close price
mohitindustries.com BSE: 531453 NSE: MOHITIND
About

Incorporated in 1991, Mohit Industries
Ltd manufactures Texturized Yarn from
POY and weaving of the Yarn to Grey Cloth[1]

Key Points

Product Profile:
a) Textile:[1]
Company is a manufacturer of yarn Texturising and Weaving
b) Yarns:[2]
Company manufactures all types of counts from a range of 50 to 300 depending on the requirement of the clients.
c) Grey:[3]
Suiting, Shirting, Laser, Georgette, Hi-
Multi, Satin Georgette, American Crepe,
French Crepe, Gaberdin, Black-Out, BSY
Moss, BSY Twill, Blackberry, Nakab/ Dupatta

Website BSE NSE
  • Market Cap ₹ 31.2 Cr.
  • Current Price ₹ 22.2
  • High / Low ₹ 24.9 / 13.1
  • Stock P/E
  • Book Value ₹ 27.1
  • Dividend Yield 0.00 %
  • ROCE 3.51 %
  • ROE -3.93 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Stock is trading at 0.82 times its book value

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 1.23% over past five years.
  • Company has a low return on equity of -0.65% over last 3 years.
  • Contingent liabilities of Rs.38.8 Cr.
  • Earnings include an other income of Rs.2.39 Cr.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Textiles Industry: Textiles - Processing

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
44.67 54.10 40.57 43.32 44.90 37.86 35.23 44.64 41.88 45.44 36.76 38.79 29.54
41.50 50.81 39.80 44.35 40.19 37.35 35.19 42.88 41.28 45.69 36.26 39.03 29.05
Operating Profit 3.17 3.29 0.77 -1.03 4.71 0.51 0.04 1.76 0.60 -0.25 0.50 -0.24 0.49
OPM % 7.10% 6.08% 1.90% -2.38% 10.49% 1.35% 0.11% 3.94% 1.43% -0.55% 1.36% -0.62% 1.66%
0.25 1.19 1.03 3.20 -3.21 2.20 0.82 -0.24 0.35 1.81 0.19 0.18 0.21
Interest 1.37 1.40 1.39 0.98 1.00 1.82 0.86 0.99 1.12 1.48 1.12 0.81 1.02
Depreciation 0.79 0.46 0.66 0.67 0.67 0.63 0.43 0.43 0.43 0.44 0.36 0.36 0.36
Profit before tax 1.26 2.62 -0.25 0.52 -0.17 0.26 -0.43 0.10 -0.60 -0.36 -0.79 -1.23 -0.68
Tax % -5.56% 17.56% 20.00% 23.08% 23.53% 19.23% 0.00% 30.00% 8.33% -58.33% 16.46% 22.76% 38.24%
1.32 2.15 -0.20 0.40 -0.12 0.21 -0.42 0.07 -0.55 -0.57 -0.66 -0.95 -0.42
EPS in Rs 0.93 1.51 -0.14 0.28 -0.08 0.15 -0.30 0.05 -0.39 -0.40 -0.46 -0.67 -0.30
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
176 196 225 245 135 153 157 191 175 149 167 167 151
166 186 212 229 123 141 146 182 167 142 162 165 150
Operating Profit 10 10 13 17 12 11 11 9 8 7 5 2 0
OPM % 6% 5% 6% 7% 9% 7% 7% 5% 4% 5% 3% 1% 0%
16 2 4 2 2 2 2 4 3 2 3 3 2
Interest 4 6 9 10 7 7 8 9 7 6 5 4 4
Depreciation 3 4 4 5 4 4 4 4 3 2 3 2 2
Profit before tax 19 2 4 2 3 2 1 1 0 1 0 -1 -3
Tax % 29% 66% 39% 39% 31% 1% 59% -13% -108% 35% 22% -15%
14 1 2 1 2 2 0 1 0 1 0 -1 -3
EPS in Rs 9.65 0.47 1.53 1.00 1.54 1.18 0.25 0.48 0.16 0.48 0.20 -1.04 -1.83
Dividend Payout % 16% 0% 0% 0% 65% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -2%
5 Years: 1%
3 Years: -1%
TTM: -6%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -277%
Stock Price CAGR
10 Years: -1%
5 Years: 24%
3 Years: 43%
1 Year: 38%
Return on Equity
10 Years: 2%
5 Years: 0%
3 Years: -1%
Last Year: -4%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 14 14 14 14 14 14 14 14 14 14 14 14 14
Reserves 29 30 32 33 13 14 14 15 15 16 22 24 27
34 75 76 86 64 69 67 61 51 51 52 56 51
20 23 21 23 14 6 8 14 10 8 9 5 5
Total Liabilities 97 142 143 156 105 102 103 103 89 88 97 100 97
27 66 62 67 28 31 33 30 27 25 23 21 21
CWIP 9 0 0 2 2 4 0 0 0 0 0 0 0
Investments 7 7 4 3 3 2 2 2 2 2 13 17 21
54 69 77 85 72 65 68 71 60 61 61 62 55
Total Assets 97 142 143 156 105 102 103 103 89 88 97 100 97

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-10 0 -5 4 3 2 2 14 9 2 -1 -5
15 -36 7 -14 -7 -6 -3 -7 0 -0 -0 1
-5 37 -2 9 3 4 1 -7 -8 -2 2 4
Net Cash Flow 0 1 0 -0 -0 0 -0 0 0 -0 -0 -0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 54 67 74 62 71 56 62 47 34 43 42 39
Inventory Days 31 37 40 49 79 55 74 58 58 71 66 68
Days Payable 11 26 23 26 24 2 12 24 17 15 17 8
Cash Conversion Cycle 74 79 91 86 126 109 124 81 75 99 92 99
Working Capital Days 59 78 84 86 136 131 140 107 104 134 117 126
ROCE % 12% 8% 9% 10% 9% 10% 9% 10% 9% 8% 7% 4%

Shareholding Pattern

Numbers in percentages

2 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
54.10% 54.32% 54.32% 54.32% 54.32% 54.32% 54.32% 54.32% 54.32% 54.32% 54.32% 54.32%
45.89% 45.68% 45.68% 45.68% 45.68% 45.68% 45.69% 45.67% 45.69% 45.68% 45.68% 45.68%
No. of Shareholders 9,3129,0649,1519,4399,5509,4299,1289,0159,0739,2108,9438,845

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