Mohota Industries Ltd

₹ 5.90 -4.84%
May 16 - close price
About

Mohota Industries Ltd (formerly known as the Rai Saheb Rekhchand Mohota SPG & WVG Mills Ltd) is the flagship co. of the Mohota group, which was set up in the year 1898. The co. has a production size of 10,000 tons of yarn and 20 million meters of fabric per annum. The product range includes grey and dyed multi-purpose yarns, bleached, dyed, mercerized, high-value ready-to-stitch fabrics, etc. The co. has its products exported to more than 20 countries in the world.
Mr. Vinod Kumar Mohota is the Chairman & Managing Director of the co. [1] [2]

  • Market Cap 8.68 Cr.
  • Current Price 5.90
  • High / Low 12.2 / 5.82
  • Stock P/E
  • Book Value 103
  • Dividend Yield 0.00 %
  • ROCE -3.75 %
  • ROE -10.3 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.06 times its book value

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -52.61% over past five years.
  • Company has a low return on equity of -8.45% for last 3 years.
  • Promoters have pledged 25.07% of their holding.
  • Company has high debtors of 2701.09 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 - Composite

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Quarterly Results

Figures in Rs. Crores

Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021
101.53 41.07 38.43 29.19 4.70 0.55 2.39 2.45 2.48 1.03 0.06 0.01
102.64 44.56 40.47 38.89 11.33 2.40 4.21 3.83 4.10 3.00 0.38 0.03
Operating Profit -1.11 -3.49 -2.04 -9.70 -6.63 -1.85 -1.82 -1.38 -1.62 -1.97 -0.32 -0.02
OPM % -1.09% -8.50% -5.31% -33.23% -141.06% -336.36% -76.15% -56.33% -65.32% -191.26% -533.33% -200.00%
0.35 0.07 0.16 0.51 0.17 0.05 0.05 0.14 0.45 0.12 -0.04 0.04
Interest 3.75 2.59 2.18 2.29 2.93 2.03 2.13 2.03 2.35 2.08 2.10 2.11
Depreciation 0.83 0.78 0.78 0.75 0.76 0.76 0.76 0.76 0.74 0.74 0.75 0.75
Profit before tax -5.34 -6.79 -4.84 -12.23 -10.15 -4.59 -4.66 -4.03 -4.26 -4.67 -3.21 -2.84
Tax % 36.33% 11.34% -2.48% 1.47% 23.45% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Profit -3.41 -6.02 -4.96 -12.05 -7.77 -4.58 -4.66 -4.03 -4.27 -4.67 -3.21 -2.84
EPS in Rs -2.32 -4.09 -3.37 -8.19 -5.28 -3.11 -3.17 -2.74 -2.90 -3.18 -2.18 -1.93

Profit & Loss

Figures in Rs. Crores

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 TTM
187 235 227 252 283 319 329 332 357 304 113 8 4
178 221 218 237 267 302 313 316 337 290 135 15 8
Operating Profit 9 14 9 14 16 16 17 16 20 14 -22 -7 -4
OPM % 5% 6% 4% 6% 6% 5% 5% 5% 6% 5% -19% -85% -110%
2 2 2 1 0 1 0 0 0 1 1 1 1
Interest 8 7 10 10 10 11 9 9 11 11 10 9 9
Depreciation 6 5 5 5 4 3 4 4 3 3 3 3 3
Profit before tax -2 3 -3 0 2 3 4 4 6 1 -34 -18 -15
Tax % -33% 63% 21% 48% 11% 29% 20% 19% 39% 19% 9% 0%
Net Profit -2 1 -3 0 1 2 3 3 4 0 -31 -18 -15
EPS in Rs -1.52 0.73 -1.85 0.09 0.99 1.47 2.30 2.00 2.56 0.29 -20.94 -11.93 -10.19
Dividend Payout % 0% 0% 0% 0% 13% 7% 4% 5% 4% 0% 0% 0%
Compounded Sales Growth
10 Years: -29%
5 Years: -53%
3 Years: -72%
TTM: -65%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 29%
Stock Price CAGR
10 Years: -14%
5 Years: -41%
3 Years: -40%
1 Year: -11%
Return on Equity
10 Years: -4%
5 Years: -5%
3 Years: -8%
Last Year: -10%

Balance Sheet

Figures in Rs. Crores

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Sep 2021
7 7 7 7 15 18 18 15 20 21 21 21 15
Reserves 23 23 20 24 21 20 23 131 186 190 160 142 137
Borrowings 88 87 95 90 84 76 67 65 65 66 71 78 86
37 53 42 34 34 41 44 48 49 50 54 57 49
Total Liabilities 152 167 161 151 151 152 149 259 314 321 299 292 287
65 60 56 51 48 41 37 138 188 185 182 179 177
CWIP 0 0 1 1 0 0 0 0 0 0 0 0 0
Investments 1 4 1 1 0 0 0 0 11 11 16 16 16
85 102 103 98 103 111 112 121 115 125 102 98 94
Total Assets 152 167 161 151 151 152 149 259 314 321 299 292 287

Cash Flows

Figures in Rs. Crores

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
-1 8 4 8 10 13 21 10 22 8 4 -2
-0 -4 2 5 4 5 -4 -3 -13 -3 -1 2
1 -4 -2 -15 -15 -18 -17 -7 -9 -5 -4 -0
Net Cash Flow -0 0 4 -3 -0 0 -1 0 -0 0 -1 0

Ratios

Figures in Rs. Crores

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Debtor Days 58 55 54 62 45 39 41 43 37 46 190 2,701
Inventory Days 127 117 115 70 83 91 81 82 67 82 12 488
Days Payable 80 78 67 39 32 42 41 48 33 41 108 8,237
Cash Conversion Cycle 105 94 102 92 96 88 82 77 71 87 94 -5,048
Working Capital Days 103 84 94 93 92 83 78 80 71 92 158 1,950
ROCE % 4% 8% 4% 9% 10% 11% 11% 8% 7% 4% -9% -4%

Shareholding Pattern

Numbers in percentages

Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021
42.42 42.42 42.42 42.42 42.42 42.42 42.42 42.42 42.42 42.42 42.42 42.42
0.00 0.00 0.31 0.31 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00
57.58 57.58 57.27 57.27 57.57 57.58 57.58 57.58 57.58 57.58 57.58 57.58

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