Mohit Industries Ltd.
Snapshot View

15.00 -0.40 ▼-2.6%

05 August 2021, 03:06:00 P.M.
Volume: 333

Overview View Details

Sector Textile Compare with Sector peers
Industry Textile Compare with Industry peers
Website http://www.mohitindustries.com ; www.nxtbloc.com
Financial Indicators
Market Cap 21.80 Cr.
Earnings per share (EPS) 0.49 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 31.74 Trailing Twelve Months Ending 2021-03
Industry PE 23.94 Trailing Twelve Months Ending 2021-03
Book Value / Share 37.83 Trailing Twelve Months Ending 2021-03
Price to Book Value 0.41 Calculated using Price: 15.40
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 1.42 Cr. 14,157,575 Shares
FaceValue 10
Company Profile

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.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-2.60%
1 Week
+2.04%
1 Month
-25.74%
3 Month
+106.90%
6 Month
+125.56%
1 Year
+315.51%
2 Year
+156.41%
5 Year
-64.41%
5 years 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 7.46 4.24 0.60 1.34 0.74
Return on Capital Employed (%) 10.98 8.61 6.92 8.29 8.44
Return on Assets (%) 2.02 1.44 0.26 0.54 0.25

Balance Sheet View Details

Particulars 5 years 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 29 50 68 35 33
Non Curr. Liab. 17 18 15 11 10
Curr. Liab. 62 56 60 64 50
Minority Int.
Equity & Liab. 107 124 143 110 93
Non Curr. Assets 40 62 75 39 34
Curr. Assets 67 63 67 71 60
Misc. Exp. not W/O
Total Assets 107 124 143 110 93

Profit Loss View Details

Particulars 5 years 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 136 154 158 191 175
Other Income 1 2 2 4 3
Total Income 138 155 160 195 178
Total Expenditure -124 -142 -147 -182 -167
PBIDT 14 13 13 13 11
Interest -7 -7 -8 -9 -7
Depreciation -4 -4 -4 -4 -3
Taxation -1 0 -1 0 0
Exceptional Items 0 0 0
PAT 2 2 0 1 0

Cash Flow View Details

Particulars 5 years 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 3 2 2 14 9
Cash Fr. Inv. -7 -6 -3 -7 0
Cash Fr. Finan. 4 4 1 -7 -8
Net Change 0 0 0 0 0
Cash & Cash Eqvt 0 1 0 0 1

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 50.97 51.25 51.25 51.88 51.88 52.40 52.71 54.10 54.10
Public 49.03 48.75 48.75 48.12 48.12 47.60 47.29 45.90 45.90
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Fri, 09 Jul 2021
Shareholding for the Period Ended June 30 2021
Mohit Industries Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here
Tue, 06 Jul 2021
Statement Of Investor Complaints For The Quarter Ended June 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter
0000
Name of the Signatory :- NIKITA PEDIWAL
Designation :- Company Secretary and Compliance Officer
Tue, 06 Jul 2021
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
We would like to inform you that Pursuant to Regulation 74(5) of SEBI (Depositories and Participants) Regulations 2018 we herewith enclosed copy of certificate received from Adroit Corporate Services Private Limited Registrar and Share Transfer Agent of the Company for the quarter ended 30th June 2021.

Technical Scans View Details

Wed, 04 Aug 2021
Higher Delivery Quantity Higher Delivery Quantity
Higher Trade Quantity Higher Trade Quantity
Higher Trade and Delivery Quantity Higher Trade and Delivery Quantity
Close Crossing 20 EMA From Above Close Crossing 20 EMA From Above
Tue, 03 Aug 2021
Higher Delivery Quantity Higher Delivery Quantity

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