Mohite Industries Ltd

Mohite Industrie Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Mohite Industries Ltd

₹ 37.0 -0.78%
26 Apr - close price
mohite.com BSE: 532140
About

Incorporated in 1990, Mohite Industries Ltd manufactures and sells Cotton Yarn and generates Electricity through Hydro Power Project

Key Points

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

Website BSE
  • Market Cap ₹ 74.4 Cr.
  • Current Price ₹ 37.0
  • High / Low ₹ 56.9 / 19.0
  • Stock P/E 38.7
  • Book Value ₹ 51.7
  • Dividend Yield 0.00 %
  • ROCE 6.92 %
  • ROE 2.88 %
  • Face Value ₹ 10.0
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Pros

  • Stock is trading at 0.72 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 -6.76% over past five years.
  • Company has a low return on equity of 2.62% over last 3 years.
  • Company has high debtors of 161 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

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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
26.33 31.48 23.28 39.27 33.93 36.45 19.63 19.11 9.25 22.63 16.49 17.15 18.30
21.92 27.95 20.10 37.30 31.53 32.85 16.59 15.32 6.38 15.64 14.00 10.92 17.14
Operating Profit 4.41 3.53 3.18 1.97 2.40 3.60 3.04 3.79 2.87 6.99 2.49 6.23 1.16
OPM % 16.75% 11.21% 13.66% 5.02% 7.07% 9.88% 15.49% 19.83% 31.03% 30.89% 15.10% 36.33% 6.34%
1.50 1.46 1.03 1.62 1.44 1.59 0.88 0.05 0.86 0.30 1.00 -0.16 1.13
Interest 4.47 2.09 2.43 1.95 1.88 1.94 2.02 1.97 2.25 2.51 1.59 4.25 2.63
Depreciation 1.14 1.31 1.16 1.17 1.20 1.22 1.07 1.07 1.15 3.19 1.62 1.30 -0.49
Profit before tax 0.30 1.59 0.62 0.47 0.76 2.03 0.83 0.80 0.33 1.59 0.28 0.52 0.15
Tax % 0.00% -13.84% 0.00% 0.00% 0.00% 11.82% 0.00% 0.00% 0.00% 38.36% 0.00% 0.00% 0.00%
0.30 1.81 0.62 0.48 0.76 1.79 0.83 0.80 0.33 0.97 0.28 0.53 0.14
EPS in Rs 0.15 0.90 0.31 0.24 0.38 0.89 0.41 0.40 0.16 0.48 0.14 0.26 0.07
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
85.58 139.24 204.26 205.93 128.38 96.07 103.19 116.50 99.06 67.89 138.61 72.71 74.57
58.13 113.33 176.99 184.85 109.80 75.64 85.84 96.72 83.38 53.86 121.76 53.93 57.70
Operating Profit 27.45 25.91 27.27 21.08 18.58 20.43 17.35 19.78 15.68 14.03 16.85 18.78 16.87
OPM % 32.08% 18.61% 13.35% 10.24% 14.47% 21.27% 16.81% 16.98% 15.83% 20.67% 12.16% 25.83% 22.62%
2.06 1.53 0.60 0.24 3.07 -6.76 0.06 0.11 0.10 0.03 0.07 0.16 2.27
Interest 15.65 13.83 11.70 7.28 8.44 10.56 9.05 10.60 8.38 8.07 8.28 8.91 10.98
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 5.62
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 2.54
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%
4.10 3.99 6.69 6.74 5.19 -3.48 1.37 2.13 1.56 0.97 3.65 2.93 1.92
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 0.95
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: -6%
5 Years: -7%
3 Years: -10%
TTM: -12%
Compounded Profit Growth
10 Years: -3%
5 Years: 16%
3 Years: 23%
TTM: -49%
Stock Price CAGR
10 Years: 9%
5 Years: 25%
3 Years: 33%
1 Year: 95%
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 Sep 2023
Equity Capital 20.10 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 83.76
121.59 99.56 89.14 73.84 85.22 82.38 84.09 81.87 78.93 76.15 73.18 83.27 78.57
14.17 14.09 12.35 11.97 10.34 9.80 7.91 7.98 7.12 7.32 5.45 6.89 9.01
Total Liabilities 198.42 180.30 174.83 172.09 184.36 177.50 178.69 178.68 176.43 174.82 178.76 193.22 191.44
118.10 103.60 92.48 92.10 83.64 79.31 76.28 70.91 69.85 64.84 60.87 72.83 70.85
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 8.65
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 2.48
74.61 70.75 76.41 74.07 94.74 97.92 102.06 103.37 104.10 107.50 115.41 113.32 109.46
Total Assets 198.42 180.30 174.83 172.09 184.36 177.50 178.69 178.68 176.43 174.82 178.76 193.22 191.44

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 56.20 123.25 163.75 149.41 130.21 153.13 222.69 120.26 160.59
Inventory Days 351.33 155.49 93.61 73.62 157.00 280.61 276.08 214.84 277.19 455.08 148.02 407.74
Days Payable 34.71 13.28 14.17 10.71 23.37 37.10 22.21 18.69 12.75 24.18 5.48 21.80
Cash Conversion Cycle 464.27 224.73 132.08 119.11 256.88 407.27 403.28 326.36 417.58 653.59 262.81 546.53
Working Capital Days 195.08 121.97 86.45 90.71 177.01 321.92 311.38 278.18 330.51 494.30 268.20 472.53
ROCE % 11.16% 10.35% 11.38% 8.98% 6.72% 7.83% 6.04% 7.39% 5.82% 5.24% 7.14% 6.92%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
68.82% 68.82% 68.82% 68.82% 68.82% 68.82% 68.82% 68.82% 68.82% 68.82% 68.82% 68.82%
31.18% 31.18% 31.18% 31.18% 31.18% 31.19% 31.18% 31.17% 31.18% 31.18% 31.17% 31.17%
No. of Shareholders 1,1541,1821,2631,4321,4301,3811,4051,4281,4331,4281,6571,666

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