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Mohit Industries Ltd share price logo

Mohit Industries Ltd

(MOHITIND)

₹28.063.2%

as on 04:01PM, 22 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Mohit Industries Ltd Performance

  • Day's Low

    Day's High

    ₹27.43
    ₹28.15
  • 52 Week's Low

    52 Week's High

    ₹16.5
    ₹36.75
1 Month Return+ 4.74 %
3 Month Return+ 4.82 %
1 Year Return+ 58.08 %
Previous Close₹27.19
Open₹27.94
Volume58.34K
Upper Circuit-
Lower Circuit-
Market Cap₹38.50Cr

Mohit Industries Ltd Key Statistics

P/E Ratio-23.78
PEG Ratio-792.66
Market Cap₹38.50 Cr
P/B Ratio0.6
EPS-1.36
Dividend Yield0
SectorTextiles
ROE-4.62

Mohit Industries Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹38.50 Cr82.04%0.77-₹2 Cr₹131 Cr
NA₹45.64 Cr105.02%0.63NANA
NA₹112.70 Cr41.19%0.71NANA
NA₹44.24 Cr80.35%0.50₹4 CrNA
NA₹963.87 Cr30.53%0.51NANA

About Mohit Industries Ltd

Mohit Industries Ltd. was established in 1991 as a private limited company and was later converted into a public limited company in 1995. It specialized in trading yarn and eventually set up a plant in the Gujarat district of Surat to manufacture weaving cloth with the capacity of 6 lac mtr pa. Now, the company plans to increase the installed capacity of fabric production to 23.76 lac mtr pa and install two texturising plants to produce 1386 tpa for captive consumption. In addition, the installed capacity of texturised yarn was increased to 24.8 million Kg in 1997-98 and the company's shares were delisted from the Jaipur Stock Exchange. Promoted by Narayan Saboo and Sitaram Saboo, Mohit Industries Ltd. has helped to create efficient and high-quality textile solutions for more than two decades.

Share Price: ₹28.06 per share as on 22 Nov, 2024 04:01 PM
Market Capitalisation: ₹38.50Cr as of today
Revenue: ₹21.18Cr as on June 2024 (Q2 24)
Net Profit: ₹0.41Cr as on June 2024 (Q2 24)
Listing date: 14 Mar, 2013
Chairperson Name: Narayan Sitaram Saboo
OrganisationMohit Industries Ltd
HeadquartersSurat
IndustryTextiles
E-voting on sharesClick here to vote

Key events for Mohit Industries Ltd

  • Mohit Industries Ltd Shares Gain 26% in a Month - 13 Apr, 2024

    Mohit Industries Ltd shares have gained 26% in the last month, bringing the annual gain to 71%. The company's low price-to-sales ratio of 0.2x is due to falling revenues over the past year, which are weaker than industry expectations. Shareholders may continue to accept this unless revenue conditions improve.

Insights on Mohit Industries Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, MOHITIND has outperformed top 5 stocks with highest market-cap in Textiles & Leather Goods

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, MOHITIND stock has moved up by 2.1%

  • imgNO EFFECT

    Retail Holding Unchanged

    img

    Retail Investor holdings remained unchanged at 45.18% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Swan Energy Ltd has given 386.8% return, outperforming this stock by 228.2%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 54.82% of holdings in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 4 quarters, 38.97 Cr → 21.29 Cr (in ₹), with an average decrease of 18.0% per quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 0.13 Cr → -0.41 Cr (in ₹), with an average decrease of 415.4% per quarter

Mohit Industries Ltd Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹36.76Cr (-)₹38.79Cr (↑5.52%)₹29.54Cr (↓23.85%)₹26.52Cr (↓10.22%)₹21.18Cr (↓20.14%)
Net Income-₹0.66Cr (-)-₹0.95Cr (↑43.94%)-₹0.42Cr (↓55.79%)₹0.10Cr (↓123.81%)-₹0.41Cr (↓510.00%)
Net Profit Margin-1.80% (-)-2.45% (↑36.11%)-1.42% (↓42.04%)0.38% (↓126.76%)-1.94% (↓610.53%)
Value in ₹ crore
Details2021202220232024
Total Assets₹88.20Cr (-)₹96.59Cr (↑9.51%)₹99.51Cr (↑3.02%)₹102.41Cr (↑2.91%)
Total Liabilities₹58.38Cr (-)₹60.79Cr (↑4.13%)₹61.04Cr (↑0.41%)₹57.42Cr (↓5.93%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹8.55Cr (-)₹1.89Cr (↓77.89%)-₹1.48Cr (↓178.31%)-₹0.28Cr (↓81.08%)₹9.08Cr (↓3,342.86%)
0

Mohit Industries Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
54.82%
0.00
Foreign Institutions
0%
0.00
Mutual Funds
0%
0.00
Retail Investors
45.18%
0.00
Others
0%
0.00

Mohit Industries Ltd Key Indicators

Details20202021202220232024
Return On Assets %-0.060.780.12-1.45-1.87
Details20202021202220232024
Book Value Per Share (₹)23.5537.8397.51127.6192.93
Details20202021202220232024
Earning Per Share (₹)0.180.480.2-1.04-1.36
Details20202021202220232024
Return On Equity %0.731.970.7-3.96-4.62

Mohit Industries Ltd Valuation

Mohit Industries Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-190.00x)

November 14, 2019

Today (-23.78x)

November 22, 2024

Industry (73.71x)

November 22, 2024

Highest (621.67x)

October 7, 2022

LowHigh

Mohit Industries Ltd Earnings and Dividends

  • Mohit Industries Ltd Earnings Results

    Mohit Industries Ltd’s net profit jumped 37.88% since last year same period to ₹0.41Cr in the Q1 2024-2025. On a quarterly growth basis, Mohit Industries Ltd has generated -415.38% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Mohit Industries Ltd Dividends May,2016

    In the quarter ending March 2016, Mohit Industries Ltd has declared dividend of ₹1 - translating a dividend yield of 3.56%.

    Read More about Dividends

Mohit Industries Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Mohit Industries Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Mohit Industries Ltd (MOHITIND) share price today is ₹28.06

Mohit Industries Ltd is listed on NSE

Mohit Industries Ltd is listed on BSE

  • Today’s highest price of Mohit Industries Ltd is ₹28.15.
  • Today’s lowest price of Mohit Industries Ltd is ₹27.43.

PE Ratio of Mohit Industries Ltd is -23.78

PE ratio = Mohit Industries Ltd Market price per share / Mohit Industries Ltd Earnings per share

Today’s traded volume of Mohit Industries Ltd(MOHITIND) is 58.34K.

Today’s market capitalisation of Mohit Industries Ltd(MOHITIND) is ₹38.5Cr.

Mohit Industries Ltd(MOHITINDPrice
52 Week High
₹36.75
52 Week Low
₹16.5

Mohit Industries Ltd(MOHITIND) share price is ₹28.06. It is down -23.65% from its 52 Week High price of ₹36.75

Mohit Industries Ltd(MOHITIND) share price is ₹28.06. It is up 70.06% from its 52 Week Low price of ₹16.5

Mohit Industries Ltd(MOHITINDReturns
1 Day Returns
0.87%
1 Month Returns
4.74%
3 Month Returns
4.82%
1 Year Returns
58.08%