Mohit Industries Ltd Stock Analysis

BSE: 531453 | NSE: MOHITIND | Textile | Small Cap

BSE Share Price 25-Nov-2022 18:01
16.80 0.60 (3.70%)

DeciZen - Make an Informed Decision on Mohit Industries

M-Cap below 100cr DeciZen not available

Mohit Industries Price Chart

P/E Ratio (SA) :
0.00
Market Cap :
23.8 Cr.
52-wk low :
10.4
52-wk high :
26.4
Bole Toh?

1. Is Mohit Industries Ltd a good quality company?

Data is not available for this company.

2. Is Mohit Industries Ltd undervalued or overvalued?

The key valuation ratios of Mohit Industries Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

3. Is Mohit Industries Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Mohit Industries Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Mohit Industries:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 5.1%5.6%6.8%5.8%6.8%5.5%5.8%5.2%5.3%3.7%-
Value Creation Index -0.6-0.6-0.5-0.6-0.5-0.6-0.6-0.6-0.6-0.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 197225247136153158191175150167163
YoY Gr. Rt. %-14.5%9.6%-44.8%12.6%3%21.3%-8.7%-14.5%11.5%-
Adj EPS 0.50.30.91.10.8-0.2-0.6-0.60.2-0.4-0.2
YoY Gr. Rt. %--33.3%173.5%17.2%-25.7%-123.5%NANANA-294.7%-
BVPS (₹) 3132.533.419.119.62020.320.521.125.327.9
Adj Net Profit 0.70.51.31.51.2-0.3-0.9-0.90.3-0.50
Cash Flow from Ops. 0.2-4.93.93.32.11.7148.61.9-1.5-
Debt/CF from Ops. 340.6-15.522.119.333.340.54.35.926.8-35.4-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -1.8%1.7%-4.5%11.5%
Adj EPS -196.5%-185.5%NA-294.7%
BVPS -2.25.27.620
Share Price -10.9% -22.1% 42.5% 46.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 1.71.12.84.24.2-1-3.1-30.9-1.6-0.7
Op. Profit Mgn % 5.35.86.99.27.56.84.94.44.934.3
Net Profit Mgn % 0.40.20.51.10.8-0.2-0.5-0.50.2-0.3-0.2
Debt to Equity 1.71.71.82.42.52.42.11.81.71.50.5
Working Cap Days 108111110197153150132136146133146
Cash Conv. Cycle 67727211589978072807842

Recent Performance Summary

Debt to equity has declined versus last 3 years average to 1.46

Return on Equity is Poor

Sales growth has been subdued in last 3 years -4.52%

Sales growth is not so good in last 4 quarters at -9.91%

Latest Financials - Mohit Industries Ltd.

Standalone Consolidated
TTM EPS (₹) -0.2 -0.3
TTM Sales (₹ Cr.) 163 163
BVPS (₹.) 27.9 121.5
Reserves (₹ Cr.) 25 158
P/BV 0.60 0.14
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 10.35 / 26.35
All Time Low / High (₹) 2.80 / 88.95
Market Cap (₹ Cr.) 23.8
Equity (₹ Cr.) 14.2
Face Value (₹) 10
Industry PE 23.7

Management X-Ray of Mohit Industries :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Mohit Industries

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Mohit Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Mohit Industries on 25-Nov-2022 18:01 is : 16.80.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 25-Nov-2022 18:01 the market cap of Mohit Industries stood at ₹ 23.78.
The latest PE ratio of Mohit Industries as of 25-Nov-2022 18:01 is 0.00.
The latest PB ratio of Mohit Industries as of 25-Nov-2022 18:01 is 0.60
The 52-week high of Mohit Industries is ₹ 26.35 and the 52-week low is ₹ 10.35.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Mohit Industries is ₹ 162.6 ( Cr.) .

About Mohit Industries Ltd

Mohit Industries ( MIL ) was incorporated in the year 1991, promoted by Narayan Saboo and Sitaram Saboo and was formerly known as Mohit Fibers. MIL was incorporated in the the year 1991. It is engaged in manufacturing of texturised yarn and art silk grey fabrics having manufacturing facilities at Kim and Sivassa with acapacity to manufacture 18,000 Metric Tonnes of texturised yarns and 12.5 million metres of art silk grey cloth.

The Company started its commercial activities with Yarn trading and ventured in to manufacturing activities in 1993 with installation of 28 Power looms and High-speed Twisting machines.

1996 witnessed expansion and diversification of Mohit Industries with installation of 2 Texturising machines and 36 Power looms at its Kim unit. Company went for Public Issue during January 1996. In March 1996, the company started one more unit at Silvassa with 1 Texturising machine and added one more Texturising machine in March 2000.

2 more Texturising machines were installed at Silvassa during July 2004 and February 2005. The Company has also upgraded its weaving machineries and installed 28 jacquard machines. Further it has also upgraded its Twisting machineries by installing 10 advanced TFO machines.

With the flourishing expansion and up gradation, the company presently includes 12 Texturising machines, 144 looms, 100 Shuttle less waterjet looms and 27 TFO machines with a production capacity of 18,000 MT of Texturised Yarn and 12.5 million meters of Art Silk Cloth.

Over the period of last 15 years the company has successfully transformed from a family run business to a professionally managed organization. MIL follows a very strict quality control norm on all its procurements, manufacturing and designs. Each product has to pass through a number of quality check resulting reduced rejections and greater cost savings.

Product range of the company includes:

  • AAC Blocks Project- AAC means Autoclaved Aerated Concrete Blocks, kind of building material, normally used in major commercial building projects. The company has studied its viability and feasibility and decided to launch the project in consultation and collaboration with parties of China.
  • Textile- With the continued expansion and upgradation, the company is presently having 12 Texturising machines.
  • Yarn- The products of the company are well accepted in the market and it is leading and well known in the yarn market.
Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login | Register Now