Mohit Industries Limited (MOHITIND) AI Stock Analysis

• Market Cap: ₹462.95M
• Dividend Yield: N/A
• Average Volume (3M): 7.63K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.03
• Revenue Growth: 6.41%
• EPS Growth: -51.15%
• Country: IN
• Employees: 533
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Apparel - Manufacturers
• EPS (TTM): -0.30
• Shares Outstanding: 14,157,575
• 10 Day Avg. Volume: 4,257
• 30 Day Avg. Volume: 7,630
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹31.00
• Price Target Upside: -5.20% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 46 Neutral
• Price Target: ₹31.00 ▼(-5.20% Downside)

The overall stock score of 46 reflects significant financial challenges, including declining revenue and negative profitability margins. Technical analysis shows mixed signals, with a slight positive trend but bearish momentum. Valuation is weak due to a negative P/E ratio and lack of dividend yield, further impacting the stock's attractiveness.

Mohit Industries Limited Business Overview & Revenue Model

Company Description

Mohit Industries Limited manufactures and sells texturized yarn from partially oriented yarn and weaving of yarn to grey cloth in India. The company offers textile products, such as yarns and grey. It also exports its products to South Korea, Thailand, the Czech Republic, Guatemala, Bulgaria, Indonesia, Japan, Vietnam, Malaysia, Mexico, Colombia, the United Kingdom, Sweden, Ethiopia, Bangladesh, and internationally. The company was formerly known as Mohit Fibres Limited and changed its name to Mohit Industries Limited in 1997. Mohit Industries Limited was incorporated in 1991 and is headquartered in Surat, India.

How the Company Makes Money

Mohit Industries Limited generates revenue through the production and sale of synthetic yarns and fabrics. The company's core revenue stream comes from manufacturing polyester and blended yarns, which are supplied to textile manufacturers who use these materials to produce garments, home textiles, and industrial textiles. By maintaining a robust production capacity and leveraging economies of scale, Mohit Industries can offer competitive pricing to its clients. Additionally, the company may engage in strategic partnerships and collaborations with other textile companies to expand its market reach and enhance its product offerings, thereby contributing to its revenue growth.

Mohit Industries Limited Financial Statement Overview

Summary

Mohit Industries Limited faces significant financial challenges as reflected in its declining revenue, negative profitability margins, and deteriorating cash flow position. While the balance sheet shows a strong equity base, increasing leverage is a concern that needs to be addressed to ensure financial stability.

Income Statement

The company's revenue has been declining over the years, with a significant drop noted in 2025. Gross Profit Margin decreased from 13.4% in 2024 to 14.0% in 2025, indicating pressure on cost management. Net Profit Margin turned negative in 2025, reflecting challenges in achieving profitability. EBIT and EBITDA margins have also worsened, highlighting operational issues.

Balance Sheet

The balance sheet shows a stable equity position with an Equity Ratio of 72.7% in 2025, indicating a strong reliance on equity financing. However, a rising Debt-to-Equity Ratio from 0.19 in 2024 to 0.35 in 2025 suggests increased leverage, which could pose a risk if not managed carefully. Return on Equity remains negative due to persistent net losses.

Cash Flow

The operating cash flow turned negative in 2025, indicating cash flow management challenges. Free Cash Flow has significantly decreased, reflecting potential liquidity issues. The ratio of Operating Cash Flow to Net Income worsened, highlighting inefficiencies in converting profits into cash flow.

Breakdown	TTM	Dec 2025	Dec 2023	Dec 2022	Dec 2022	Dec 2020
Income Statement
Total Revenue	1.03B	1.12B	1.29B	1.63B	1.64B	1.75B
Gross Profit	188.83M	157.02M	105.62M	163.38M	134.47M	218.79M
EBITDA	22.81M	13.90M	28.69M	69.09M	48.77M	107.13M
Net Income	-18.71M	-24.27M	-19.09M	1.24M	-14.45M	-486.43K
Balance Sheet
Total Assets	0.00	2.42B	3.30B	1.99B	2.42B	933.90M
Cash, Cash Equivalents and Short-Term Investments	1.38M	9.46M	1.74M	1.15M	2.18M	6.73M
Total Debt	0.00	616.51M	524.00M	521.40M	558.73M	505.38M
Total Liabilities	-3.14B	659.58M	566.94M	607.71M	610.35M	600.43M
Stockholders Equity	3.14B	1.76B	2.73B	1.38B	1.81B	333.47M
Cash Flow
Free Cash Flow	0.00	-79.50M	89.00M	-17.59M	-6.50M	77.99M
Operating Cash Flow	0.00	-68.89M	90.60M	-14.79M	-2.63M	85.47M
Investing Cash Flow	0.00	-23.90M	-16.55M	-2.62M	9.56M	2.32M
Financing Cash Flow	0.00	92.51M	-74.56M	15.90M	-7.12M	-83.78M

Mohit Industries Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 32.70
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:MOHITIND, the sentiment is Neutral. The current price of 32.7 is below the 20-day moving average (MA) of 33.58, below the 50-day MA of 33.02, and above the 200-day MA of 32.23, indicating a neutral trend. The MACD of 0.31 indicates Positive momentum. The RSI at 45.94 is Neutral, neither overbought nor oversold. The STOCH value of 24.45 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:MOHITIND.

Mohit Industries Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MOHITIND	46 Neutral	₹462.95M	―	―	―	6.41%	-51.15%
LAXMICOT	45 Neutral	₹390.28M	-2,298.99	-7.65%	―	32.74%	98.43%
SVPGLOB	41 Neutral	₹459.20M	-0.05	88.21%	―	-82.90%	-99.69%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%

Mohit Industries Limited Corporate Events

Mohit Industries Limited Announces 35th AGM and Key Resolutions

Mohit Industries Limited has announced the scheduling of its 35th Annual General Meeting (AGM) for September 29, 2025, to be held via video conferencing. The AGM will address ordinary business such as the adoption of financial statements and the re-appointment of a director, as well as special business including the ratification of the cost auditor’s remuneration and the appointment of a new secretarial auditor. This meeting is significant for stakeholders as it outlines key financial and governance decisions impacting the company’s future operations.

Mohit Industries Announces Virtual AGM for 2025

Mohit Industries Limited has announced the details of its 35th Annual General Meeting, which will be conducted via video conferencing on September 29, 2025. This announcement, published in the Financial Express and Ahmedabad Gujarati edition, complies with the guidelines from the Ministry of Corporate Affairs and the Securities and Exchange Board of India. The meeting’s virtual format reflects the company’s adaptation to modern communication methods, potentially increasing accessibility for stakeholders.