Mohit Industries

  • Market Cap: Micro Cap
  • Industry: Garments & Apparels
  • ISIN: INE954E01012
  • NSEID: MOHITIND
  • BSEID: 531453
INR
23.94
-0.06 (-0.25%)
BSENSE

Sep 18, 03:30 PM

BSE+NSE Vol: 21.28 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Comparison

Company
Score
Quality
Valuation
Financial
Technical
Pasupati Spinng.
Maris Spinners
Valson Industrie
Swasti Vinayaka
Mohit Industries
Suryaamba Spinni
Akshar Spintex
Trident Texofab
Sh. Rajas. Synt.
Morarjee Text.
Surbhi Industrie

Why is Mohit Industries Ltd ?

1
With a Operating Losses, the company has a Weak Long Term Fundamental Strength
  • Company's ability to service its debt is weak with a poor EBIT to Interest (avg) ratio of 0.03
  • The company has been able to generate a Return on Equity (avg) of 0.02% signifying low profitability per unit of shareholders funds
2
Negative results in Jun 26
  • INTEREST(Latest six months) At Rs 2.42 cr has Grown at 21.61%
  • OPERATING PROFIT TO INTEREST (Q) Lowest at -0.62 times
  • DEBT-EQUITY RATIO(HY) Highest at 2.04 times
3
Underperformed the market in the last 1 year
  • Even though the market (BSE500) generated negative returns of -3.53% in the last 1 year, its fall in the stock was much higher with a return of -31.33%
stock-recommendationReal-Time Research Report

Verdict Report

How much should you sell?

  1. All quantity irrespective of whether you are making profits or losses

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Garments & Apparels)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is Mohit Industries for you?

High Risk, Low Return

Absolute
Risk Adjusted
Volatility
Mohit Industries
-31.33%
-0.54
58.28%
Sensex
-10.5%
-0.78
13.50%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor
Value
Sales Growth (5y)
-5.45%
EBIT Growth (5y)
-53.23%
EBIT to Interest (avg)
0.03
Debt to EBITDA (avg)
1.13
Net Debt to Equity (avg)
0.59
Sales to Capital Employed (avg)
0.66
Tax Ratio
37.25%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
0.02%
ROE (avg)
0.02%
stock-recommendationValuation

Valuation Scorecard stock-summary

stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary

Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
28
Price to Book Value
0.36
EV to EBIT
87.61
EV to EBITDA
60.42
EV to Capital Employed
0.60
EV to Sales
0.66
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
0.68%
ROE (Latest)
-0.80%
Loading Valuation Snapshot...
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Bullish
Bearish
Dow Theory
No Trend
Mildly Bearish
OBV
Mildly Bearish
No Trend
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
stock-recommendationFinancial Trend

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

2What is working for the Company
DEBTORS TURNOVER RATIO(HY)

Highest at 14.16 times

-12What is not working for the Company
INTEREST(Latest six months)

At Rs 2.42 cr has Grown at 21.61%

OPERATING PROFIT TO INTEREST (Q)

Lowest at -0.62 times

DEBT-EQUITY RATIO(HY)

Highest at 2.04 times

NET SALES(Q)

Lowest at Rs 24.83 cr

PBDIT(Q)

Lowest at Rs -0.59 cr.

OPERATING PROFIT TO NET SALES (Q)

Lowest at -2.38%

PBT LESS OI(Q)

Lowest at Rs -1.85 cr.

Loading Valuation Snapshot...

Here's what is working for Mohit Industries

Debtors Turnover Ratio- Half Yearly
Highest at 14.16 times
in the last five half yearly periods
MOJO Watch
Company has been able to settle its Debtors faster

Debtors Turnover Ratio

Here's what is not working for Mohit Industries

Net Sales - Quarterly
At Rs 24.83 cr has Fallen at -29.0% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 34.98 Cr
MOJO Watch
Near term sales trend is very negative

Net Sales (Rs Cr)

Operating Profit to Interest - Quarterly
Lowest at -0.62 times
in the last five quarters
MOJO Watch
The company's ability to manage interest payments is deteriorating

Operating Profit to Interest

Interest - Latest six months
At Rs 2.42 cr has Grown at 21.61%
over previous Half yearly period
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (Rs cr)

Net Sales - Quarterly
Lowest at Rs 24.83 cr
in the last five quarters
MOJO Watch
Near term sales trend is negative

Net Sales (Rs Cr)

Operating Profit (PBDIT) - Quarterly
Lowest at Rs -0.59 cr.
in the last five quarters
MOJO Watch
Near term Operating Profit trend is negative

Operating Profit (Rs Cr)

Operating Profit Margin - Quarterly
Lowest at -2.38%
in the last five quarters
MOJO Watch
Company's efficiency has deteriorated

Operating Profit to Sales

Profit Before Tax less Other Income (PBT) - Quarterly
Lowest at Rs -1.85 cr.
in the last five quarters
MOJO Watch
Near term PBT trend is negative

PBT less Other Income (Rs Cr)

Debt-Equity Ratio - Half Yearly
Highest at 2.04 times
in the last five half yearly periods
MOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed

Debt-Equity Ratio

Non Operating Income - Quarterly
Highest at Rs 1.58 cr
in the last five quarters
MOJO Watch
Increased income from non business activities may not be sustainable

Non Operating Income