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Mohit Industries

₹21.8 0.4 | 1.8%

Market Cap ₹31 Cr.

Stock P/E -11.4

P/B 0.1

Current Price ₹21.8

Book Value ₹ 155.6

Face Value 10

52W High ₹24.9

Dividend Yield 0%

52W Low ₹ 13.3

Mohit Industries Research see more...

Overview Inc. Year: 1991Industry: Textile

Mohit Industries Share Price

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Peer Comparison

Mohit Industries Quarterly Results

#(Fig in Cr.) Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 43 45 38 35 45 42 45 37 39 30
Other Income 3 -3 2 1 -0 0 2 0 0 0
Total Income 47 42 40 36 44 42 47 37 39 30
Total Expenditure 44 40 37 35 43 41 46 36 39 29
Operating Profit 2 2 3 1 2 1 2 1 -0 1
Interest 1 1 2 1 1 1 1 1 1 1
Depreciation 1 1 1 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 1 -0 0 -0 0 -1 -0 -1 -1 -1
Provision for Tax 0 -0 0 -0 0 -0 0 -0 -0 -0
Profit After Tax 0 -0 0 -0 0 -1 -1 -1 -1 -0
Adjustments -0 0 -0 0 0 0 -0 0 -0 -0
Profit After Adjustments 0 -0 0 -0 0 -0 -1 -1 -1 -0
Adjusted Earnings Per Share 0.3 -0.1 0 -0.3 0.1 -0.3 -0.5 -0.5 -0.7 -0.3

Mohit Industries Profit & Loss

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Net Sales 136 154 158 191 175 150 167 167 151
Other Income 1 2 2 4 3 2 3 3 2
Total Income 138 155 160 195 178 151 170 170 153
Total Expenditure 124 142 147 182 167 142 162 165 150
Operating Profit 14 13 13 13 11 9 8 5 4
Interest 7 7 8 9 7 6 5 4 4
Depreciation 4 4 4 4 3 2 3 2 0
Exceptional Income / Expenses 0 0 -0 0 0 0 0 0 0
Profit Before Tax 3 2 1 1 0 1 0 -1 -3
Provision for Tax 1 0 1 -0 -0 0 0 0 0
Profit After Tax 2 2 0 1 0 1 0 -1 -3
Adjustments 0 0 0 0 -0 0 -0 0 0
Profit After Adjustments 2 2 0 1 -0 1 0 -1 -3
Adjusted Earnings Per Share 1.5 1.4 0.3 0.5 -0 0.5 0.1 -1 -2

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 0% -2% 1% 0%
Operating Profit CAGR -38% -23% -17% 0%
PAT CAGR 0% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 39% 42% 23% -4%
ROE Average -1% 0% 1% 2%
ROCE Average 1% 4% 6% 7%

Mohit Industries Balance Sheet

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 29 50 68 35 33 54 138 181
Minority's Interest 0 0 0 0 0 0 0 0
Borrowings 12 14 11 8 7 13 16 8
Other Non-Current Liabilities 4 4 4 3 2 2 2 2
Total Current Liabilities 62 56 60 64 50 44 43 51
Total Liabilities 107 124 143 110 93 112 199 242
Fixed Assets 28 31 32 29 26 24 22 20
Other Non-Current Assets 12 31 43 10 7 27 117 160
Total Current Assets 67 63 67 71 60 61 60 61
Total Assets 107 124 143 110 93 112 199 242

Mohit Industries Cash Flow

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 1 0 1 0 0 1 0 0
Cash Flow from Operating Activities 3 2 2 14 9 2 -1 -5
Cash Flow from Investing Activities -7 -6 -3 -7 0 -0 -0 1
Cash Flow from Financing Activities 4 4 1 -7 -8 -2 2 4
Net Cash Inflow / Outflow -0 0 -0 0 0 -0 -0 -0
Closing Cash & Cash Equivalent 0 1 0 0 1 0 0 0

Mohit Industries Ratios

# Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) 1.54 1.37 0.31 0.5 -0.03 0.49 0.09 -1.02
CEPS(Rs) 4.33 4.14 3.12 3.19 2.38 2.21 2.06 0.18
DPS(Rs) 1 0 0 0 0 0 0 0
Book NAV/Share(Rs) 20.53 35.09 47.89 24.88 23.55 37.83 97.51 127.6
Core EBITDA Margin(%) 8.7 7.06 6.67 4.93 4.35 4.91 3.02 1.3
EBIT Margin(%) 7.13 5.6 5.49 5 4.34 4.47 3.37 1.91
Pre Tax Margin(%) 2.19 1.04 0.54 0.32 0.07 0.69 0.22 -0.77
PAT Margin (%) 1.51 1.03 0.22 0.36 0.14 0.45 0.17 -0.88
Cash Profit Margin (%) 4.28 3.61 2.76 2.36 1.92 2.09 1.75 0.15
ROA(%) 2.02 1.44 0.26 0.54 0.25 0.66 0.18 -0.67
ROE(%) 7.46 4.24 0.6 1.34 0.74 1.56 0.3 -0.92
ROCE(%) 10.98 8.61 6.92 8.29 8.44 7.11 3.81 1.49
Receivable days 67.13 55.93 57.24 49.08 42.98 41.36 40.32 40.71
Inventory Days 51.29 41.22 45.16 44.19 46.43 52.47 49.85 52.77
Payable days 23.64 11 6.77 16.68 22.07 17.58 15.02 12.6
PER(x) 27.31 30.72 88.26 15.89 0 18.81 224.63 0
Price/Book(x) 2.04 1.2 0.57 0.32 0.13 0.24 0.2 0.09
Dividend Yield(%) 2.38 0 0 0 0 0 0 0
EV/Net Sales(x) 0.9 0.83 0.67 0.37 0.31 0.42 0.48 0.43
EV/Core EBITDA(x) 8.81 9.63 8.22 5.34 5.04 6.98 9.71 14.65
Net Sales Growth(%) 0 12.65 2.89 21.2 -8.71 -14.47 11.47 0.25
EBIT Growth(%) 0 -10.93 -3.67 9.24 -20.58 -11.99 -16.13 -43.21
PAT Growth(%) 0 -22.92 -78.95 95.76 -63.24 167.8 -57.97 -617.49
EPS Growth(%) 0 -10.76 -77.31 59.42 -106.94 1510.76 -81.93 -1263.64
Debt/Equity(x) 2.2 1.38 0.99 1.73 1.52 0.94 0.38 0.31
Current Ratio(x) 1.09 1.11 1.12 1.11 1.19 1.39 1.4 1.2
Quick Ratio(x) 0.77 0.82 0.74 0.75 0.77 0.89 0.85 0.71
Interest Cover(x) 1.44 1.23 1.11 1.07 1.02 1.18 1.07 0.71
Total Debt/Mcap(x) 1.08 1.15 1.72 5.46 11.67 3.91 1.87 3.44

Mohit Industries Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 54.32 54.32 54.32 54.32 54.32 54.32 54.32 54.32 54.32 54.32
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 45.68 45.68 45.68 45.68 45.68 45.68 45.68 45.68 45.68 45.68
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Stock is trading at 0.1 times its book value
  • Debtor days have improved from 15.02 to 12.6days.
  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Company has a low return on equity of 0% over the 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.

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