Mohit Industries

Which are the latest news on Mohit Industries?

Why is Mohit Industries Ltd falling/rising?

As of 05-Sep, Mohit Industries Ltd's stock price is at 23.90, reflecting a 2.25% decrease and a significant decline of 22.90% over the past year. Despite increased investor participation, the stock continues to underperform against its sector and is trading below key moving averages, indicating a bearish trend.

As of 05-Sep, Mohit Industries Ltd's stock price is falling, currently at 23.90, which reflects a decrease of 0.55 or 2.25%. The stock has been underperforming, having lost 4.32% over the last two days and showing a decline of 13.34% over the past month. Additionally, the stock has experienced a significant drop of 22.90% over the past year, while the benchmark Sensex has only fallen by 5.21% in the same period. <BR><BR>Today's performance indicates that the stock has underperformed its sector by 2.58%. Although there has been a rise in investor participation, with delivery volume increasing by 14.44% against the 5-day average, this has not translated into positive price movement. The stock is currently trading lower than its 5-day, 20-day, 50-day, and 200-day moving averages, which suggests a bearish trend. Overall, these factors contribute to the ongoing decline in the stock price of Mohit Industries Ltd.

Who are in the management team of Mohit Industries?

The management team of Mohit Industries includes Narayan Sitaram Saboo (Chairman/Executive Director), Naresh Sitaram Saboo (Executive Director), Manish Narayan Saboo (Executive Director & CFO), and independent directors Jayesh Rasiklal Gandhi, Sachinkumar Pramod Jain, and Pragya Memani.

The management team of Mohit Industries includes the following individuals:<BR><BR>1. **Narayan Sitaram Saboo** - Chairman / Executive Director<BR>2. **Naresh Sitaram Saboo** - Executive Director<BR>3. **Manish Narayan Saboo** - Executive Director & CFO<BR>4. **Jayesh Rasiklal Gandhi** - Independent Non-Executive Director<BR>5. **Sachinkumar Pramod Jain** - Independent Non-Executive Director<BR>6. **Pragya Memani** - Independent Non-Executive Director<BR><BR>If you have any more questions about the company or its operations, feel free to ask!

What does Mohit Industries do?

Mohit Industries Ltd manufactures Texturized Yarn and weaves it into Grey Cloth, operating in the Garments & Apparels industry as a Micro Cap company. Incorporated in 1991, it reported net sales of 25 Cr and a net profit of 0 Cr for June 2026.

Overview:<BR>Mohit Industries Ltd is primarily engaged in the manufacture of Texturized Yarn from POY and the weaving of the Yarn to Grey Cloth, operating within the Garments & Apparels industry and classified as a Micro Cap company.<BR><BR>History:<BR>Mohit Industries Ltd was incorporated in February 1991 and transitioned to a public company in February 1995. The company was previously known as Mohit Fibres Private Limited and later changed its name to Mohit Industries Limited. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 25 Cr (Quarterly Results - Jun 2026)<BR>- Net Profit: 0 Cr (Quarterly Results - Jun 2026)<BR>- Market-cap: INR 34 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: N/A<BR>- Industry P/E: 28<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 0.59<BR>- Return on Equity: -0.80%<BR>- Price to Book: 0.37<BR><BR>Contact Details:<BR>Address: A/601 B International Trade, Center Majura Gate Ring Road Surat Gujarat : 395002<BR>Tel: 91-261-2463261/2463262/2463263<BR>Email: contact@mohitindustries.com<BR>Website: http://www.mohitindustries.com

Who are the peers of the Mohit Industries?

Peers of Mohit Industries include Sri Ramakr. Mill, K G Denim, Anjani Synth., Morarjee Text., Trident Texofab, Gokak Textiles, Suryaamba Spinni, Akshar Spintex, and Avax Apparels. Mohit Industries has a below-average management risk and a 1-year return of -20.76%, better than Trident Texofab but worse than Sri Ramakr. Mill's 12.88%.

Peers: The peers of Mohit Industries are Sri Ramakr. Mill, K G Denim, Anjani Synth., Morarjee Text., Trident Texofab, Gokak Textiles, Suryaamba Spinni, Akshar Spintex, and Avax Apparels.<BR><BR>Quality Snapshot: Excellent management risk is observed at Avax Apparels, while Average management risk is found at Sri Ramakr. Mill, Morarjee Text., and Suryaamba Spinni. Below Average management risk is present at Anjani Synth., K G Denim, Trident Texofab, Gokak Textiles, Mohit Industries, Akshar Spintex, and the rest. Growth is Excellent at Avax Apparels, Good at Sri Ramakr. Mill, and Below Average at K G Denim, Anjani Synth., Morarjee Text., Trident Texofab, Gokak Textiles, Suryaamba Spinni, Mohit Industries, Akshar Spintex, and the rest. Capital Structure is Good at Avax Apparels, Average at Suryaamba Spinni, and Below Average at Sri Ramakr. Mill, K G Denim, Anjani Synth., Morarjee Text., Trident Texofab, Gokak Textiles, Mohit Industries, Akshar Spintex, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Sri Ramakr. Mill at 12.88%, while the peer with the lowest is Trident Texofab at -90.61%. Mohit Industries has a 1-year return of -20.76%, which is better than Trident Texofab but worse than Sri Ramakr. Mill. Additionally, the peers with negative six-month returns include K G Denim, Trident Texofab, Gokak Textiles, Suryaamba Spinni, Akshar Spintex, and Avax Apparels.

How big is Mohit Industries?

As of 31st August, Mohit Industries Ltd has a market capitalization of 34.00 Cr and reported net sales of 132.49 Cr with a net loss of 0.64 Cr over the latest four quarters. Shareholder's funds were 176.02 Cr, and total assets were 241.97 Cr as of March 2025.

As of 31st August, Mohit Industries Ltd has a market capitalization of 34.00 Cr and is classified as a Micro Cap company.<BR><BR>In the latest four quarters, Mohit Industries reported net sales of 132.49 Cr. However, the net profit for the same period was a loss of 0.64 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, where the shareholder's funds amounted to 176.02 Cr, and total assets were reported at 241.97 Cr.

Should I buy, sell or hold Mohit Industries Ltd?

Are Mohit Industries Ltd latest results good or bad?

Mohit Industries Ltd's latest results show a mixed performance, with a significant year-on-year profit increase and modest revenue growth, but ongoing challenges in profitability and a negative return on equity raise concerns about its financial health. Investors should be cautious as the company needs to improve its profitability and cash generation for a more positive outlook.

The latest results for Mohit Industries Ltd show a mixed picture. In Q4 FY26, the company reported a net profit of ₹0.07 crore, which is a significant improvement of 116.67% year-on-year. Revenue also saw a modest increase of 2.50% year-on-year, reaching ₹36.83 crore, marking the highest quarterly revenue in recent periods. However, the operating margin remains very thin at just 2.28%, indicating ongoing challenges in profitability.<BR><BR>Despite the positive year-on-year growth in both revenue and profit, the overall financial health of the company raises concerns. The return on equity (ROE) is negative at -0.94%, reflecting difficulties in generating adequate returns for shareholders. Additionally, the company's operating profit margin is barely positive, and it has faced significant volatility in its financial performance over recent quarters.<BR><BR>In summary, while there are some positive indicators in the latest results, the overall financial performance suggests that Mohit Industries is still grappling with fundamental challenges, making the outlook uncertain. Investors should approach with caution, as the company needs to demonstrate sustained improvements in profitability and cash generation to regain confidence.

When is the next results date for Mohit Industries Ltd?

The next results date for Mohit Industries Ltd is 12 August 2026.

The next results date for Mohit Industries Ltd is scheduled for 12 August 2026.

How has been the historical performance of Mohit Industries?

Mohit Industries has experienced a significant decline in financial performance, with net sales dropping from 191.47 Cr in Mar'19 to 112.40 Cr in Mar'25, resulting in increasing losses and a negative cash flow of -4.00 Cr in Mar'25. Total liabilities have also risen sharply, indicating a growing debt burden.

Answer:<BR>The historical performance of Mohit Industries has shown a declining trend in net sales and profitability over the past several years.<BR><BR>Breakdown:<BR>Mohit Industries' net sales have decreased from 191.47 Cr in Mar'19 to 112.40 Cr in Mar'25, reflecting a significant downward trend. Total operating income followed a similar pattern, dropping from 191.47 Cr in Mar'19 to 112.40 Cr in Mar'25. The raw material cost has also decreased, from 144.18 Cr in Mar'19 to 87.99 Cr in Mar'25, indicating a reduction in production costs. However, total expenditure, excluding depreciation, has remained high, leading to operating losses. Operating profit (PBDIT) has declined from 13.00 Cr in Mar'19 to a loss of 0.45 Cr in Mar'25. Profit before tax has also turned negative, from a profit of 0.61 Cr in Mar'19 to a loss of 3.28 Cr in Mar'25. Consequently, profit after tax has worsened from a profit of 0.69 Cr in Mar'19 to a loss of 2.46 Cr in Mar'25. The company's total liabilities have increased from 93.39 Cr in Mar'20 to 241.97 Cr in Mar'25, while total assets have also risen from 93.39 Cr in Mar'20 to 241.97 Cr in Mar'25, indicating a growing debt burden. Cash flow from operating activities has been negative in Mar'25 at -4.00 Cr, contrasting with a positive cash flow of 9.00 Cr in Mar'24. Overall, the financial performance of Mohit Industries has deteriorated significantly over the years, marked by declining sales, increasing losses, and rising liabilities.

Is Mohit Industries overvalued or undervalued?

As of November 17, 2025, Mohit Industries is considered undervalued and has shifted from a risky to an attractive rating, with key ratios indicating low valuation compared to peers, despite a year-to-date return of -31.04% against the Sensex's 8.72%.

As of 17 November 2025, Mohit Industries has moved from a grade of risky to attractive, indicating a significant positive shift in its valuation outlook. The company is currently considered undervalued. Key ratios include a PE ratio of -27.91, an EV to EBITDA of 65.56, and a Price to Book Value of 0.25, which suggest that the stock is trading at a low valuation relative to its earnings and book value.<BR><BR>In comparison to its peers, Mohit Industries shows a stark contrast with K P R Mill Ltd, which is deemed very expensive with a PE ratio of 44.24, and Trident, which is also attractive with a PE ratio of 32.69. This positions Mohit Industries favorably within its industry, especially considering its low PEG ratio of 0.00. Despite recent underperformance against the Sensex, with a year-to-date return of -31.04% compared to the Sensex's 8.72%, the attractive valuation suggests potential for recovery and growth.

Who are the top shareholders of the Mohit Industries?

The top shareholders of Mohit Industries include Mohit Yarns Limited with 13.92%, Nxt Fab Private Limited at 2.43%, and individual investors collectively holding 39.08%. There are no pledged promoter holdings, and the company has no mutual funds or foreign institutional investors.

The top shareholders of Mohit Industries include the promoters, who hold the majority of the shares. The promoter with the highest holding is Mohit Yarns Limited, which owns 13.92% of the company. Additionally, the highest public shareholder is Nxt Fab Private Limited, holding 2.43%. Individual investors collectively hold 39.08% of the shares. Notably, there are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors (FIIs) holding shares.

What is the technical trend for Mohit Industries?

As of June 2, 2025, Mohit Industries shows a mildly bearish technical trend, with bearish daily moving averages and mixed signals from MACD and KST across time frames.

As of 2 June 2025, the technical trend for Mohit Industries has changed from sideways to mildly bearish. The weekly MACD indicates a mildly bullish stance, but the monthly MACD is mildly bearish, suggesting mixed signals across time frames. The daily moving averages are bearish, reinforcing the overall bearish sentiment. The Bollinger Bands show a bearish trend on the weekly chart while being mildly bullish on the monthly chart, indicating potential volatility. The KST is mildly bullish weekly but mildly bearish monthly, and the Dow Theory reflects a mildly bearish stance on the weekly chart with no trend monthly. The OBV is mildly bearish weekly and shows no trend monthly. Overall, the current technical stance is mildly bearish, driven primarily by the bearish daily moving averages and the mixed signals from MACD and KST across different time frames.

Has Mohit Industries declared dividend?

Yes, Mohit Industries Ltd has declared a 10% dividend, amounting to ₹1 per share, with an ex-date of August 11, 2016. However, the dividend yield is 0%, as it has not contributed to overall returns, which have been driven by significant price appreciation over time.

Mohit Industries Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 1<BR>- Ex-date: 11 Aug 16<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -13.55%, the dividend return was 0%, resulting in a total return of -13.55%.<BR><BR>In the 1-year period, the price return was 44.77%, the dividend return was 0%, resulting in a total return of 44.77%.<BR><BR>In the 2-year period, the price return was 94.23%, the dividend return was 0%, resulting in a total return of 94.23%.<BR><BR>In the 3-year period, the price return was 64.67%, the dividend return was 0%, resulting in a total return of 64.67%.<BR><BR>In the 4-year period, the price return was 255.22%, the dividend return was 0%, resulting in a total return of 255.22%.<BR><BR>In the 5-year period, the price return was 791.18%, the dividend return was 0%, resulting in a total return of 791.18%.<BR><BR>Overall, Mohit Industries has declared a dividend, but the dividend yield is 0%, indicating that the dividend has not significantly contributed to returns. The total returns over various periods show strong price appreciation, particularly over the longer term.