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Mohit Industries

  • Market Cap: Micro Cap
  • Industry: Textile
  • ISIN: INE954E01012
  • NSEID: MOHITIND
  • BSEID: 531453
INR
28.40
-0.26 (-0.91%)
BSENSE

Apr 11, 12:30 PM

BSE+NSE Vol: 14.57 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

14.57 k (5,945.64%) Volume

Shareholding (Dec 2024)

FII

0.00%

Held by 0 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

54.82%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

With a Operating Losses, the company has a Weak Long Term Fundamental Strength

  • Low ability to service debt as the company has a high Debt to EBITDA ratio of 27.37 times
  • The company has been able to generate a Return on Equity (avg) of 1.31% signifying low profitability per unit of shareholders funds
2

Flat results in Dec 24

3

Stock is technically in a Mildly Bearish range

4

Risky - Negative EBITDA

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Textile

stock-summary
Market cap

INR 41 Cr (Micro Cap)

stock-summary
P/E

NA (Loss Making)

stock-summary
Industry P/E

18

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.19

stock-summary
Return on Equity

-0.63%

stock-summary
Price to Book

0.15

Revenue and Profits (1 Year):
Net Sales:
30 Cr
(Quarterly Results - Dec 2024)
Net Profit:
-1 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-0.18%
0%
-0.18%
1 Year
34.53%
0%
34.53%
2 Years
114.02%
0%
114.02%
3 Years
25.11%
0%
25.11%
4 Years
255.44%
0%
255.44%
5 Years
745.24%
0%
745.24%

Latest dividend: 1 per share ex-dividend date: Aug-11-2016

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
-10.84%
EBIT Growth (5y)
-183.11%
EBIT to Interest (avg)
0.19
Debt to EBITDA (avg)
22.92
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.72
Tax Ratio
25.40%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
2.27%
ROE (avg)
1.31%
Valuation key factors
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
18
Price to Book Value
0.15
EV to EBIT
-56.25
EV to EBITDA
-92.81
EV to Capital Employed
0.29
EV to Sales
0.90
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-0.14%
ROE (Latest)
-0.63%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bullish
Moving Averages
Bearish (Daily)
KST
Bearish
Bullish
Dow Theory
Mildly Bearish
No Trend
OBV
No Trend
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 0 FIIs

Promoter with highest holding

Mohit Yarns Limited (13.92%)

Highest Public shareholder

Nxt Fab Private Limited (2.43%)

Individual Investors Holdings

38.78%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 15.05% vs 21.39% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 44.12% vs -148.78% in Sep 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "29.58",
          "val2": "25.71",
          "chgp": "15.05%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-0.74",
          "val2": "-0.92",
          "chgp": "19.57%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.89",
          "val2": "0.86",
          "chgp": "3.49%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-0.57",
          "val2": "-1.02",
          "chgp": "44.12%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-2.50%",
          "val2": "-3.58%",
          "chgp": "1.08%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "Not Applicable: The company has declared_date for only one period",
        "dir": 0
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "Not Applicable: The company has declared_date for only one period",
        "dir": 0
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "46.89",
          "val2": "75.55",
          "chgp": "-37.94%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-0.46",
          "val2": "0.26",
          "chgp": "-276.92%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "1.57",
          "val2": "1.93",
          "chgp": "-18.65%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-1.43",
          "val2": "-1.61",
          "chgp": "11.18%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-0.98%",
          "val2": "0.34%",
          "chgp": "-1.32%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -27.23% vs -13.68% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 1.48% vs -125.56% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "76.47",
          "val2": "105.09",
          "chgp": "-27.23%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-1.20",
          "val2": "0.75",
          "chgp": "-260.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "2.46",
          "val2": "2.95",
          "chgp": "-16.61%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-2.00",
          "val2": "-2.03",
          "chgp": "1.48%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-1.57%",
          "val2": "0.71%",
          "chgp": "-2.28%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is -21.28% vs 0.32% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -32.64% vs -1,300.00% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "131.61",
          "val2": "167.19",
          "chgp": "-21.28%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "1.60",
          "val2": "2.14",
          "chgp": "-25.23%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "3.98",
          "val2": "4.45",
          "chgp": "-10.56%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-1.91",
          "val2": "-1.44",
          "chgp": "-32.64%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "1.22%",
          "val2": "1.28%",
          "chgp": "-0.06%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
29.58
25.71
15.05%
Operating Profit (PBDIT) excl Other Income
-0.74
-0.92
19.57%
Interest
0.89
0.86
3.49%
Exceptional Items
0.00
0.00
Consolidate Net Profit
-0.57
-1.02
44.12%
Operating Profit Margin (Excl OI)
-2.50%
-3.58%
1.08%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is 15.05% vs 21.39% in Sep 2024

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Dec 2024 is 44.12% vs -148.78% in Sep 2024

Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
46.89
75.55
-37.94%
Operating Profit (PBDIT) excl Other Income
-0.46
0.26
-276.92%
Interest
1.57
1.93
-18.65%
Exceptional Items
0.00
0.00
Standalone Net Profit
-1.43
-1.61
11.18%
Operating Profit Margin (Excl OI)
-0.98%
0.34%
-1.32%
Values in Rs Cr.
Net Sales

Not Applicable: The company has declared_date for only one period

Standalone Net Profit

Not Applicable: The company has declared_date for only one period

Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
76.47
105.09
-27.23%
Operating Profit (PBDIT) excl Other Income
-1.20
0.75
-260.00%
Interest
2.46
2.95
-16.61%
Exceptional Items
0.00
0.00
Standalone Net Profit
-2.00
-2.03
1.48%
Operating Profit Margin (Excl OI)
-1.57%
0.71%
-2.28%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is -27.23% vs -13.68% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is 1.48% vs -125.56% in Dec 2023

Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
131.61
167.19
-21.28%
Operating Profit (PBDIT) excl Other Income
1.60
2.14
-25.23%
Interest
3.98
4.45
-10.56%
Exceptional Items
0.00
0.00
Consolidate Net Profit
-1.91
-1.44
-32.64%
Operating Profit Margin (Excl OI)
1.22%
1.28%
-0.06%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -21.28% vs 0.32% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is -32.64% vs -1,300.00% in Mar 2023

stock-summaryCompany CV
About Mohit Industries Ltd stock-summary
stock-summary
Mohit Industries Ltd
Micro Cap
Textile
Mohit Industries Ltd. (formerly known Mohit Fibres Pvt Ltd) was incorporated as a Private Company in February, 1991 and was converted into a Public Company in Feb.'95. The Company is primarily engaged in manufacture of Texturized Yarn from POY and weaving of the Yarn to Grey Cloth. The company started its activities by trading in yarn. It set up a plant to manufacture weaving cloth in the Surat district of Gujarat, with an installed capacity of 6 lac mtr pa.
Company Coordinates stock-summary
Company Details
A/601 B International Trade, Center Majura Gate Ring Road Surat Gujarat : 395002
stock-summary
Tel: 91-261-2463261/2463262/2463263
stock-summary
contact@mohitindustries.com
Registrar Details
Adroit Corporate Services Pvt Ltd, 17-20 Jaferbhoy Industrial Estate , 1st Floor, Makwana Road, Marol Naka, Mumbai