Investment Ratings
As per analysts rating in the last 6 months, the recommendation is to HOLD Mohit Industries
-
Master Rating:
-
Mohit Industries has an operating revenue of Rs. 182.66 Cr. on a trailing 12-month basis. An annual revenue de-growth of -11% needs improvement, Pre-tax margin of 1% needs improvement, ROE of 1% is fair but needs improvement. The company has a reasonable debt to equity of 23%, which signals a healthy balance sheet. From an O'Neil Methodology perspective, the stock has an EPS Rank of 56 which is a POOR score indicating inconsistency in earnings, a RS Rating of 60 which is FAIR indicating the recent price performance, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 24 indicates it belongs to a strong industry group of Apparel-Clothing Mfg and a Master Score of C is fair but needs to improve. Institutional holding has remained stable in the last reported quarter. Overall, the stock has mediocre technical strength and poor fundamentals, there are superior stocks in the current market environment. Please note that this is a thinly traded stock.
EPS Strength
Price Strength
Buyer Demand
Group Rank
Mohit Industries Ltd Forecast
Price Estimates
Eps And Sales Estimates
Mohit Industries Ltd Synopsis
NSE-Apparel-Clothing Mfg
Mohit Industries is involved in the business activities of Weaving of textiles. Company’s Total Operating Revenue is Rs. 149.51 Cr. and Equity Capital is Rs. 14.16 Cr. for the Year ended 31/03/2021. Mohit Industries Ltd. is a Public Limited Listed company incorporated on 18/02/1991 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L17119GJ1991PLC015074 and registration number is 015074.-
Market Cap
INR 15.29 Cr
-
Sales
INR 182.66 Cr
-
Shares in Float
0.65 Cr
-
No of Funds
1 K
-
Yield
2.03%
-
Book Value
0.53
-
U/D Vol Ratio
0.9
-
LTDebt/Equity
42%
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Alpha
0.38
-
Beta
0.27
| Owner Name | Jun-21 | Mar-21 | Dec-20 |
|---|---|---|---|
| Promoters | 54.1% | 54.1% | 52.71% |
| Financial Institutions/ Banks | 0% | 0% | 0% |
| Individual Investors | 38.04% | 38.31% | 39.64% |
| Others | 7.86% | 7.59% | 7.65% |
| Name | Designation |
|---|---|
| Mr. Narayan Sitaram Saboo | Managing Director |
| Mr. Manish Narayan Saboo | Director & CFO |
| Mr. Naresh Sitaram Saboo | Director |
| Mr. Jayesh Rasiklal Gandhi | Independent Director |
| Mr. Sachinkumar Pramod Jain | Independent Director |
| Mrs. Pragya Memani | Independent Director |
| Mr. Harmil Jatinbhai Shah | Independent Director |
Mohit Industries Ltd Financials
- Quarterly P&L
- Annual P&L
- Cash Flow
- Balance Sheet
- Ratios
| INDICATOR | Sep 2021 | Jun 2021 | Mar 2021 | Dec 2020 | Sep 2020 |
|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 43.3159 | 40.5715 | 54.0994 | 44.6702 | 35.9571 |
| Operating Expenses Qtr Cr | 44.348 | 39.802 | 50.8051 | 41.5099 | 33.898 |
| Operating Profit Qtr Cr | -1.0321 | 0.7695 | 3.2943 | 3.1603 | 2.0591 |
| Depreciation Qtr Cr | 0.6721 | 0.6622 | 0.4603 | 0.7862 | 0.6684 |
| Interest Qtr Cr | 0.976 | 1.3865 | 1.4027 | 1.3682 | 1.4567 |
| Tax Qtr Cr | 0.1203 | -0.053 | 0.4644 | -0.065 | -0.0295 |
| Net Profit Qtr Cr | 0.3997 | -0.2011 | 2.1525 | 1.3249 | 0.1324 |
| INDICATOR | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|
| Total Revenue Annual Cr | 151.1988 | 178.09748 | 195.42908 | 159.85212 | 154.97361 |
| Operating Expenses Annual Cr | 142.259 | 168.11985 | 182.42173 | 147.50881 | 142.28042 |
| Operating Profit Annual in Cr | 7.2511 | 6.89034 | 9.04827 | 10.40182 | 11.05247 |
| Depreciation Cr | 2.447 | 3.11461 | 3.83359 | 4.0603 | 4.18582 |
| Interest Annual Cr | 5.5538 | 6.73255 | 8.56804 | 7.63552 | 6.98956 |
| Tax Annual Cr | 0.3616 | -0.12247 | -0.07826 | 0.51409 | 0.02342 |
| Net Profit Annual Cr | 0.6774 | 0.23355 | 0.68398 | 0.35096 | 1.66966 |
| INDICATOR | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|
| Cash from Operating Activity Annual Cr | 8.54688 | 14.02355 | 1.65279 | 2.05967 | |
| Cash from Investing Activity Annual Cr | 0.23201 | -6.65898 | -2.95966 | -5.64576 | |
| Cash from Financing Annual Activity Cr | -8.37805 | -7.20833 | 0.84289 | 3.98315 | |
| Net Cash Flow Annual Cr | 0.40084 | 0.15624 | -0.46398 | 0.39706 |
| INDICATOR | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|
| Total ShareHolders Funds Annual Cr | 29.8135 | 28.94756 | 28.72223 | 28.34065 | 27.76346 |
| Fixed Assets Annual Cr | 25.008 | 26.9507 | 29.99856 | 33.07664 | 35.113 |
| Total Non Current Assets Annual Cr | 27.5541 | 29.21719 | 32.29074 | 35.70741 | 39.75888 |
| Total Current Assets Annual Cr | 60.6257 | 59.77378 | 71.16776 | 67.39588 | 62.47051 |
| Total Assets Annual Cr | 88.1798 | 88.99097 | 103.4585 | 103.10328 | 102.22939 |
| INDICATOR | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|
| Book Value Per Share Annual Rs | 20.446 | 20.287 | 20.018 | 19.61 | |
| ROE Annual % | 0.8 | 2.38 | 1.23 | 6.01 | |
| ROCE Annual % | 17.76 | 23.17 | 19.22 | 18.43 | |
| Total Debt to Total Equity Annual | - | - | - | - | - |
| EBDIT Annual Margin % | 5.97 | 5.7 | 6.79 | 7.81 | 8.27 |
Mohit Industries Ltd Technicals
EMA & SMA
CURRENT PRICE
10.9 
(-2.24)
-
- Bullish Moving Averages 0
- Bearish Moving Averages 16
EMA
-
20 Day
11.36
-
50 Day
11.82
-
100 Day
11.82
-
200 Day
11.07
Mohit Industries Ltd Resistance and support
11.32 PIVOT
-
First Resistance
11.59
-
Second Resistance
12.02
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Third Resistance
12.29
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First Support
10.89
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Second Support
10.62
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Third Support
10.19
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RSI
42.17
-
MFI
43.13
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MACD
-0.25
-
MACD signal line
-0.26
Mohit Industries Ltd Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 4,310 | 381,995 | 88.63% |
| Week | 14,028 | 680,227 | 48.49% |
| 1 Month | 16,934 | 1,116,123 | 65.91% |
| 6 Month | 22,107 | 2,014,200 | 91.11% |
Mohit Industries Ltd Price change analysis
-1.75
Over 1 month
Low High 10.3 13.15
-2.05
Over 3 month
Low High 10.3 13.85
2.5
Over 6 months
Low High 8.4 22.05
6.05
Over Year
Low High 4.21 22.05Similar Stocks
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Market Price () | Volume |
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News
MOHIT INDUSTRIES LTD.-$ - 531453 - Announcement under Regula
We wish to inform that pursuant to Regulation 47 and 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we e Read More
MOHIT INDUSTRIES LTD.-$ - 531453 - Outcome Of The Board Meet
This is to inform you that the Board of Directors of the Company, in its meeting held today i.e. on Wednesday, 03rd November, 2021 has consi Read More
MOHIT INDUSTRIES LTD.-$ - 531453 - Board Meeting Outcome for
This is to inform you that the Board of Directors of the Company, in its meeting held today i.e. on Wednesday, 03rd November, 2021 has consi Read More
Mohit Industries Ltd - 531453 - Board Meeting Intimation for
MOHIT INDUSTRIES LTD.-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/11/2021 ,inter alia, to Read More
MOHIT INDUSTRIES LTD.-$ - 531453 - Compliances-Certificate u
We would like to inform you that Pursuant to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, we herewith enclose Read MoreBlogs