Mohite Industries Ltd
Incorporated in 1990, Mohite Industries Ltd manufactures and sells Cotton Yarn and generates Electricity through Hydro Power Project
- Market Cap ₹ 72.5 Cr.
- Current Price ₹ 36.1
- High / Low ₹ 56.9 / 18.0
- Stock P/E 12.2
- Book Value ₹ 55.0
- Dividend Yield 0.00 %
- ROCE 8.18 %
- ROE 6.26 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.65 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Tax rate seems low
- Company has a low return on equity of 5.65% over last 3 years.
- Company has high debtors of 151 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2007 | Mar 2008 | Mar 2009 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|
142.16 | 179.81 | 177.06 | 116.50 | 122.41 | 91.78 | 160.57 | 86.48 | 93.79 | |
126.53 | 160.70 | 165.58 | 96.72 | 103.47 | 73.36 | 139.31 | 61.99 | 69.96 | |
Operating Profit | 15.63 | 19.11 | 11.48 | 19.78 | 18.94 | 18.42 | 21.26 | 24.49 | 23.83 |
OPM % | 10.99% | 10.63% | 6.48% | 16.98% | 15.47% | 20.07% | 13.24% | 28.32% | 25.41% |
11.39 | 8.32 | 11.09 | 0.11 | 0.11 | 0.10 | 0.26 | 0.34 | 2.29 | |
Interest | 7.03 | 10.98 | 10.64 | 10.60 | 8.82 | 9.26 | 9.52 | 10.12 | 12.02 |
Depreciation | 5.55 | 6.88 | 6.80 | 7.28 | 6.00 | 5.54 | 5.09 | 7.41 | 7.56 |
Profit before tax | 14.44 | 9.57 | 5.13 | 2.01 | 4.23 | 3.72 | 6.91 | 7.30 | 6.54 |
Tax % | 29.29% | 41.17% | 34.11% | -5.47% | -0.95% | 4.84% | 3.47% | 8.36% | |
10.21 | 5.63 | 3.38 | 2.13 | 4.27 | 3.55 | 6.67 | 6.69 | 5.94 | |
EPS in Rs | 5.08 | 2.80 | 1.68 | 1.06 | 2.12 | 1.77 | 3.32 | 3.33 | 2.96 |
Dividend Payout % | 19.69% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -11% |
TTM: | -6% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 16% |
TTM: | -1% |
Stock Price CAGR | |
---|---|
10 Years: | 10% |
5 Years: | 25% |
3 Years: | 30% |
1 Year: | 75% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 6% |
Last Year: | 6% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2007 | Mar 2008 | Mar 2009 | 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 |
Reserves | 33.51 | 38.74 | 35.03 | 68.72 | 71.67 | 73.98 | 84.32 | 89.21 | 90.40 |
110.75 | 131.32 | 138.92 | 82.35 | 96.22 | 97.72 | 93.71 | 104.53 | 137.38 | |
26.23 | 42.78 | 35.34 | 7.89 | 13.27 | 15.43 | 17.91 | 21.50 | 19.21 | |
Total Liabilities | 190.59 | 232.94 | 229.39 | 179.06 | 201.26 | 207.23 | 216.04 | 235.34 | 267.09 |
73.70 | 103.77 | 90.00 | 70.94 | 71.65 | 67.14 | 63.54 | 79.82 | 80.20 | |
CWIP | 8.83 | 11.87 | 27.89 | 4.40 | 3.01 | 0.00 | 0.00 | 4.59 | 8.85 |
Investments | 14.26 | 13.23 | 22.34 | 0.14 | 0.31 | 0.34 | 0.34 | 0.34 | 0.34 |
93.80 | 104.07 | 89.16 | 103.58 | 126.29 | 139.75 | 152.16 | 150.59 | 177.70 | |
Total Assets | 190.59 | 232.94 | 229.39 | 179.06 | 201.26 | 207.23 | 216.04 | 235.34 | 267.09 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2007 | Mar 2008 | Mar 2009 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|
-16.27 | 19.01 | 21.76 | 7.49 | 3.92 | 5.69 | 32.51 | ||
-45.12 | -40.47 | -10.08 | -5.17 | -1.05 | -27.06 | -23.68 | ||
58.53 | 22.74 | -12.34 | 4.66 | -8.98 | -0.71 | 0.82 | ||
Net Cash Flow | -2.86 | 1.28 | -0.66 | 6.98 | -6.10 | -22.09 | 9.65 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2007 | Mar 2008 | Mar 2009 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 85.04 | 66.01 | 67.66 | 130.21 | 159.02 | 227.96 | 132.89 | 151.14 |
Inventory Days | 230.55 | 264.58 | 114.42 | 214.84 | 277.19 | 581.87 | 281.12 | 827.82 |
Days Payable | 57.45 | 111.00 | 74.54 | 18.69 | 26.11 | 52.94 | 28.77 | 86.33 |
Cash Conversion Cycle | 258.14 | 219.59 | 107.54 | 326.36 | 410.10 | 756.88 | 385.24 | 892.62 |
Working Capital Days | 190.74 | 141.97 | 122.59 | 278.65 | 304.32 | 479.38 | 300.28 | 523.61 |
ROCE % | 11.35% | 8.01% | 7.20% | 6.69% | 8.20% | 8.18% |
Documents
Announcements
- Compliance Certificate Under Reg 7(3) For The Period Ended On March 2024 2d
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Certificate Under Regulation 40(9) Of SEBI (LODR) Regulations, 2015.
16 Apr - Submission of Certificate under Regulation 40(9) of SEBI (Listing Obligations and Disclsoure Requirements) Regulations, 2015 received from M/s Mehta & Mehta, Company Secretaries, Mumbai.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Apr - In compliance with Regulation 74(5) of SEBI (Depository and Participants) Regulations, 2018 we are forwarding herewith a copy of the certificate received from Link Intime …
- Closure of Trading Window 29 Mar
-
Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
26 Mar - Additional Details required for Corporate Announcement under Regulation 30 of SEBI (LODR) Regulations, 2015 as per BSE E-mail dated 23rd March 2024. We are submitting …
Annual reports
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Financial Year 2023
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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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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