Mohite Industries Ltd
Incorporated in 1990, Mohite Industries Ltd manufactures and sells Cotton Yarn and generates Electricity through Hydro Power Project
- Market Cap ₹ 61.5 Cr.
- Current Price ₹ 30.6
- High / Low ₹ 32.9 / 16.2
- Stock P/E 21.0
- Book Value ₹ 51.3
- Dividend Yield 0.00 %
- ROCE 7.00 %
- ROE 2.88 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.58 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -7.31% over past five years.
- Company has a low return on equity of 2.62% over last 3 years.
- Company has high debtors of 165 days.
* 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 - Cotton/Blended
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
85.58 | 139.24 | 204.26 | 205.93 | 128.38 | 96.07 | 103.19 | 116.50 | 99.06 | 67.89 | 138.61 | 70.61 | |
58.13 | 113.33 | 176.99 | 184.85 | 109.80 | 75.64 | 85.84 | 96.72 | 83.38 | 53.86 | 121.76 | 53.92 | |
Operating Profit | 27.45 | 25.91 | 27.27 | 21.08 | 18.58 | 20.43 | 17.35 | 19.78 | 15.68 | 14.03 | 16.85 | 16.69 |
OPM % | 32.08% | 18.61% | 13.35% | 10.24% | 14.47% | 21.27% | 16.81% | 16.98% | 15.83% | 20.67% | 12.16% | 23.64% |
2.06 | 1.53 | 0.60 | 0.24 | 3.07 | -6.76 | 0.06 | 0.11 | 0.10 | 0.03 | 0.07 | 2.09 | |
Interest | 15.65 | 13.83 | 11.70 | 7.28 | 8.44 | 10.56 | 9.05 | 10.60 | 8.38 | 8.07 | 8.28 | 8.75 |
Depreciation | 9.32 | 9.31 | 9.17 | 6.84 | 7.94 | 7.18 | 7.19 | 7.28 | 5.89 | 5.24 | 4.75 | 6.49 |
Profit before tax | 4.54 | 4.30 | 7.00 | 7.20 | 5.27 | -4.07 | 1.17 | 2.01 | 1.51 | 0.75 | 3.89 | 3.54 |
Tax % | 9.69% | 6.98% | 4.43% | 6.39% | 1.71% | 14.50% | -17.09% | -5.47% | -2.65% | -29.33% | 6.17% | 17.23% |
Net Profit | 4.10 | 3.99 | 6.69 | 6.74 | 5.19 | -3.48 | 1.37 | 2.13 | 1.56 | 0.97 | 3.65 | 2.93 |
EPS in Rs | 2.04 | 1.99 | 3.33 | 3.35 | 2.58 | -1.73 | 0.68 | 1.06 | 0.78 | 0.48 | 1.82 | 1.46 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | -7% |
5 Years: | -7% |
3 Years: | -11% |
TTM: | -49% |
Compounded Profit Growth | |
---|---|
10 Years: | -3% |
5 Years: | 16% |
3 Years: | 23% |
TTM: | -20% |
Stock Price CAGR | |
---|---|
10 Years: | 3% |
5 Years: | 13% |
3 Years: | 48% |
1 Year: | 25% |
Return on Equity | |
---|---|
10 Years: | 4% |
5 Years: | 2% |
3 Years: | 3% |
Last Year: | 3% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
20.10 | 20.10 | 20.10 | 20.10 | 20.10 | 20.10 | 20.10 | 20.10 | 20.10 | 20.10 | 20.10 | 20.10 | |
Reserves | 42.56 | 46.55 | 53.24 | 66.18 | 68.70 | 65.22 | 66.59 | 68.73 | 70.28 | 71.25 | 80.03 | 82.96 |
121.59 | 99.56 | 89.14 | 73.84 | 85.22 | 82.38 | 84.09 | 81.87 | 78.93 | 76.15 | 73.18 | 74.88 | |
14.17 | 14.09 | 12.35 | 11.97 | 10.34 | 9.80 | 7.91 | 7.98 | 7.12 | 7.32 | 5.45 | 15.28 | |
Total Liabilities | 198.42 | 180.30 | 174.83 | 172.09 | 184.36 | 177.50 | 178.69 | 178.68 | 176.43 | 174.82 | 178.76 | 193.22 |
118.10 | 103.60 | 92.48 | 92.10 | 83.64 | 79.31 | 76.28 | 70.91 | 69.85 | 64.84 | 60.87 | 72.83 | |
CWIP | 5.59 | 5.83 | 5.82 | 5.80 | 5.86 | 0.13 | 0.21 | 4.24 | 0.00 | 0.00 | 0.00 | 4.59 |
Investments | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.14 | 0.14 | 0.16 | 2.48 | 2.48 | 2.48 | 2.48 |
74.61 | 70.75 | 76.41 | 74.07 | 94.74 | 97.92 | 102.06 | 103.37 | 104.10 | 107.50 | 115.41 | 113.32 | |
Total Assets | 198.42 | 180.30 | 174.83 | 172.09 | 184.36 | 177.50 | 178.69 | 178.68 | 176.43 | 174.82 | 178.76 | 193.22 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
19.65 | 31.46 | 22.38 | 24.00 | -5.63 | 15.60 | 11.64 | 22.29 | 14.25 | 12.72 | 11.62 | 26.15 | |
-7.34 | 4.98 | 2.31 | -1.22 | 2.95 | -3.99 | -4.19 | -7.54 | -2.50 | -0.23 | -0.79 | -23.03 | |
-12.55 | -35.02 | -26.09 | -22.68 | 2.93 | -13.29 | -7.34 | -15.56 | -11.71 | -11.70 | -10.69 | 1.47 | |
Net Cash Flow | -0.24 | 1.42 | -1.40 | 0.10 | 0.26 | -1.68 | 0.11 | -0.81 | 0.04 | 0.79 | 0.14 | 4.58 |
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 | 147.65 | 82.52 | 52.64 | 56.20 | 123.25 | 163.75 | 149.41 | 130.21 | 153.13 | 222.69 | 120.26 | 165.36 |
Inventory Days | 351.33 | 155.49 | 93.61 | 73.62 | 157.00 | 280.61 | 276.08 | 214.84 | 277.19 | 455.08 | 148.02 | 401.89 |
Days Payable | 34.71 | 13.28 | 14.17 | 10.71 | 23.37 | 37.10 | 22.21 | 18.69 | 12.75 | 24.18 | 5.48 | 21.48 |
Cash Conversion Cycle | 464.27 | 224.73 | 132.08 | 119.11 | 256.88 | 407.27 | 403.28 | 326.36 | 417.58 | 653.59 | 262.81 | 545.77 |
Working Capital Days | 195.08 | 121.97 | 86.45 | 90.71 | 177.01 | 321.92 | 311.38 | 278.18 | 330.51 | 494.30 | 268.20 | 486.58 |
ROCE % | 11.16% | 10.35% | 11.38% | 8.98% | 6.72% | 7.83% | 6.04% | 7.39% | 5.82% | 5.24% | 7.14% | 7.00% |
Documents
Announcements
- Disclosure Of Related Party Transactions Pursuant To Regulation 23(9) Of The SEBI (LODR) Regulations, 2015. 25 May
- Board Meeting Outcome for The Outcome Of The Board Meeting Held Today I.E. 25Th May, 2023 25 May
- Audited Standalone And Consolidated Financial Results Of The Company For The Quarter And Financial Year Ended 31St March, 2023 Prepared In Accordance With The Indian Accounting Standards (Ind-AS) Prescribed Under Then Companies (Indian Accounting Standard) Rules, 2015. 25 May
- Board Meeting Intimation for Considering And Approving The Audited Standalone And Consolidated Financial Results Of The Company For The Quarter And Financial Year Ended 31St March, 2023. 19 May
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 30 Apr
Annual reports
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Business Overview:[1][2]
Company procures raw cotton from the brokers situated in Maharashtra and Madhya Pradesh and premium cotton yarn is supplied to brokers situated in Mumbai and Ichalkaranji, Maharashtra. Company manufactures special quality yarn i.e. Compact and Slub yarn. Company also does generation of hydropower