Mohite Industries Ltd
Incorporated in 1990, Mohite Industries Ltd manufactures and sells Cotton Yarn and generates Electricity through Hydro Power Project
- Market Cap ₹ 104 Cr.
- Current Price ₹ 51.7
- High / Low ₹ 69.0 / 23.0
- Stock P/E 44.2
- Book Value ₹ 55.2
- Dividend Yield 0.00 %
- ROCE 6.23 %
- ROE 2.13 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.94 times its book value
- Company is expected to give good quarter
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 1.42% over past five years.
- Tax rate seems low
- Company has a low return on equity of 4.97% over last 3 years.
* 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 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|
142 | 180 | 177 | 116 | 122 | 92 | 161 | 86 | 125 | |
127 | 161 | 166 | 97 | 103 | 73 | 139 | 62 | 106 | |
Operating Profit | 16 | 19 | 11 | 20 | 19 | 18 | 21 | 24 | 19 |
OPM % | 11% | 11% | 6% | 17% | 15% | 20% | 13% | 28% | 15% |
11 | 8 | 11 | 0 | 0 | 0 | 0 | 0 | 3 | |
Interest | 7 | 11 | 11 | 11 | 9 | 9 | 10 | 10 | 12 |
Depreciation | 6 | 7 | 7 | 7 | 6 | 6 | 5 | 7 | 8 |
Profit before tax | 14 | 10 | 5 | 2 | 4 | 4 | 7 | 7 | 3 |
Tax % | 29% | 41% | 34% | -5% | -1% | 5% | 3% | 8% | 9% |
10 | 6 | 3 | 2 | 4 | 4 | 7 | 7 | 2 | |
EPS in Rs | 5.08 | 2.80 | 1.68 | 1.06 | 2.12 | 1.77 | 3.32 | 3.33 | 1.17 |
Dividend Payout % | 20% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 1% |
3 Years: | 11% |
TTM: | 45% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 2% |
3 Years: | -13% |
TTM: | -65% |
Stock Price CAGR | |
---|---|
10 Years: | 10% |
5 Years: | 32% |
3 Years: | 41% |
1 Year: | 95% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 5% |
3 Years: | 5% |
Last Year: | 2% |
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 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|
Equity Capital | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 |
Reserves | 34 | 39 | 35 | 69 | 72 | 74 | 84 | 89 | 91 |
111 | 131 | 139 | 82 | 96 | 98 | 94 | 105 | 134 | |
26 | 43 | 35 | 8 | 13 | 15 | 18 | 22 | 31 | |
Total Liabilities | 191 | 233 | 229 | 179 | 201 | 207 | 216 | 235 | 275 |
74 | 104 | 90 | 71 | 72 | 67 | 64 | 80 | 81 | |
CWIP | 9 | 12 | 28 | 4 | 3 | 0 | 0 | 5 | 50 |
Investments | 14 | 13 | 22 | 0 | 0 | 0 | 0 | 0 | 9 |
94 | 104 | 89 | 104 | 126 | 140 | 152 | 151 | 135 | |
Total Assets | 191 | 233 | 229 | 179 | 201 | 207 | 216 | 235 | 275 |
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 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|
-16 | 19 | 22 | 7 | 4 | 6 | 33 | -10 | ||
-45 | -40 | -10 | -5 | -1 | -27 | -24 | -19 | ||
59 | 23 | -12 | 5 | -9 | -1 | 1 | 25 | ||
Net Cash Flow | -3 | 1 | -1 | 7 | -6 | -22 | 10 | -4 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2007 | Mar 2008 | Mar 2009 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|
Debtor Days | 85 | 66 | 68 | 130 | 159 | 228 | 133 | 151 | 117 |
Inventory Days | 231 | 265 | 114 | 215 | 277 | 582 | 281 | 828 | 241 |
Days Payable | 57 | 111 | 75 | 19 | 26 | 53 | 29 | 86 | 38 |
Cash Conversion Cycle | 258 | 220 | 108 | 326 | 410 | 757 | 385 | 893 | 320 |
Working Capital Days | 191 | 142 | 123 | 279 | 304 | 479 | 300 | 524 | 330 |
ROCE % | 11% | 8% | 7% | 7% | 8% | 8% | 6% |
Documents
Announcements
- Closure of Trading Window 4 Jul
-
Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
5 Jun - Mr. Deepak Ramchandra Suryavanshi has resigned from post of Company Secretary & Compliance officer w. e. f. closing of business hours of 5th June 2024 …
-
Submission Of Published Copies Of Newspaper Advertisements
30 May - Newspaper published copies of audited consolidated financial results for quarter & year ended on 31st March 2024 in compliance with SEBI (LODR) Regulations, 2015.
- Audited Consolidated & Standalone Financial Results For The Quarter And Financial Year Ended On 31St March 2024 29 May
- Board Meeting Outcome for Outcome Of Board Meeting Held On Date 29Th May 2024 29 May
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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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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Financial Year 2009
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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