Mohit Industries

Why is Mohit Industries Ltd falling/rising?

As of 19-Jun, Mohit Industries Ltd's stock price is declining, currently at 22.68, down 0.92%. The stock has underperformed against the Sensex, with significant declines over various time frames and reduced investor participation.

As of 19-Jun, Mohit Industries Ltd's stock price is falling, currently at 22.68, which reflects a decrease of 0.21 or 0.92%. The stock has been underperforming compared to the benchmark Sensex, which has risen by 1.69% over the past week, while Mohit Industries has only increased by 0.80%. Over the last month, the stock has declined by 2.24%, contrasting with the Sensex's gain of 2.13%. Year-to-date, the stock is down 18.80%, significantly worse than the Sensex's decline of 9.88%. <BR><BR>Additionally, the stock has been on a downward trend, having fallen for three consecutive days, resulting in a total decline of 3.8% during this period. It is also trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. Furthermore, there has been a notable decrease in investor participation, with delivery volume dropping by 63.47% compared to the 5-day average, suggesting reduced interest in trading the stock. These factors collectively contribute to the current decline in Mohit Industries Ltd's stock price.

Which are the latest news on Mohit Industries?

How big is Mohit Industries?

As of 10th June, Mohit Industries Ltd has a market capitalization of 31.00 Cr and reported net sales of 139.90 Cr with a loss of 0.78 Cr over the latest four quarters. As of March 2025, shareholder's funds were 176.02 Cr and total assets were 241.97 Cr.

As of 10th June, Mohit Industries Ltd has a market capitalization of 31.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Mohit Industries reported net sales of 139.90 Cr. However, the company experienced a loss of 0.78 Cr during this period.<BR><BR>The latest annual period for the balance sheet is March 2025, where shareholder's funds amounted to 176.02 Cr and total assets were reported at 241.97 Cr.

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. They oversee the company's operations and strategic direction.

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>This team is responsible for overseeing the company's operations and strategic direction.

Who are the peers of the Mohit Industries?

Peers of Mohit Industries include Jaihind Industries, Classic Filament, Anjani Synth., and others. Mohit Industries has below-average management and growth ratings, with a 1-year return of -26.61%, better than Anjani Synth. but worse than Classic Filament's 111.66%.

Peers: The peers of Mohit Industries are Jaihind Industri, Classic Filament, Anjani Synth., Marc Loire, Angel Fibers, STL Global, United Cotfab, Libas Consumer, and Signoria Creatio.<BR><BR>Quality Snapshot: Excellent management risk is observed at Marc Loire, while Good management risk is found at Signoria Creatio. Below Average management risk is noted for Anjani Synth., Mohit Industries, Angel Fibers, STL Global, United Cotfab, and the rest. Growth ratings show Excellent growth at Signoria Creatio, Average growth at Marc Loire, and Below Average growth at Anjani Synth., Mohit Industries, Angel Fibers, STL Global, United Cotfab, and the rest. For Capital Structure, Good capital structure is noted at Marc Loire and Libas Consumer, while Below Average capital structure is observed at Anjani Synth., Mohit Industries, Angel Fibers, STL Global, United Cotfab, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Classic Filament at 111.66%, while the lowest is Anjani Synth. at -58.61%. Mohit Industries has a 1-year return of -26.61%, which is higher than Anjani Synth. but lower than Classic Filament. Additionally, STL Global, United Cotfab, Angel Fibers, and Anjani Synth. all have negative six-month returns.

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. As of March 2026, it reported net sales of 37 Cr and a market cap of INR 31 Cr.

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 converted into a public company in February 1995. The company was previously known as Mohit Fibres Private Limited and changed its name to Mohit Industries Limited. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 37 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: 0 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 31 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 23 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.59 <BR>Return on Equity: -0.80% <BR>Price to Book: 0.34<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

Should I buy, sell or hold Mohit Industries Ltd?

When is the next results date for Mohit Industries Ltd?

The next results date for Mohit Industries Ltd is 13 February 2026.

The next results date for Mohit Industries Ltd is scheduled for 13 February 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.

Are Mohit Industries latest results good or bad?

Mohit Industries' latest results show strong year-on-year sales growth of 42.91%, but a quarter-on-quarter decline in net sales and profit, along with a 'Strong Sell' rating from analysts, indicate caution for investors.

Mohit Industries' latest financial results present a mixed picture. On one hand, the company reported net sales of Rs 68.17 crore for the quarter ending June 2025, which is a significant year-on-year growth of 42.91%. This indicates a positive trend in sales and suggests potential for future growth.<BR><BR>However, when looking at the quarter-on-quarter performance, there are some concerning signs. The net sales decreased by 10.27% compared to the previous quarter, and the consolidated net profit also saw a decline of 2.38%. Additionally, the operating profit margin has decreased, which could indicate challenges in maintaining profitability.<BR><BR>Despite the overall improvement in the company's score from 1 to 5 over the past three months, the stock has received a 'Strong Sell' rating from analysts, reflecting a cautious sentiment in the market. <BR><BR>In summary, while there are positive aspects such as strong year-on-year sales growth, the quarter-on-quarter declines and market sentiment suggest that investors should approach the company with caution.

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.