Mohit Industries Limited (MOHITIND) AI Stock Analysis

0 Followers

Mohit Industries Limited

(NSE:MOHITIND)

Select Model

Rating:39Underperform

Price Target:INR 18.50▼(-5.13% Downside)

Action:downgraded

Date:09/24/26

Mohit Industries receives a very low overall score driven primarily by its distressed financial position, characterized by shrinking equity and chronic unprofitability. These fundamental weaknesses are further compounded by unappealing valuation metrics due to negative earnings and predominantly bearish technical trends, making it a highly speculative turnaround prospect rather than a stable investment.

Positive Factors

FY2026 Operating StabilizationFY2026's 5.75% revenue rebound, higher 14.8% gross margin and positive operating profit indicate initial stabilization after contraction. If maintained, this recovery could support better absorption of fixed costs and provide a foundation for rebuilding earnings, although durability still needs proof.

Negative Factors

Persistent Net LossesNet losses persisted through FY2023–FY2026 despite FY2026 operating improvement, while margins remain thin. Continued bottom-line losses weaken retained capital and make the recovery dependent on sustained operational improvement, limiting confidence in durable earnings power over coming quarters.

Mohit Industries Limited (MOHITIND) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 279.75M
Dividend Yield: ―
Average Volume (3M): 1,503
Price to Earnings (P/E): -31.9
Beta (1Y): 1.02
Revenue Growth: 7.31%
EPS Growth: 73.21%
Country: India
Employees: 293
Sector: General
Sector Strength: 55
Industry: Manufacturing - Textiles

Mohit Industries Limited Business Overview & Revenue Model

Company Description

Mohit Industries Limited, an Indian enterprise, is primarily engaged in the textile industry. Its core business revolves around the manufacturing and sale of texturized yarn, which is derived from partially oriented yarn, and the conversion of yarn i...

Mohit Industries Limited Financial Statement Overview

Summary

Mohit Industries exhibits a highly stressed financial profile with chronic unprofitability and a rapidly shrinking asset base. Although 2026 saw a return to top-line growth and positive operating cash flows, severe equity erosion and negative bottom lines present substantial fundamental risks.

Income Statement

35Negative

Balance Sheet

40Negative

Cash Flow

45Neutral

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	1.26B	1.40B	1.12B	1.30B	1.66B	1.63B
Gross Profit	158.03M	206.84M	157.02M	105.62M	134.47M	163.38M
EBITDA	-474.00K	23.66M	13.90M	16.91M	48.77M	69.09M
Net Income	-8.79M	-7.88M	-24.27M	-19.09M	-14.45M	1.24M
Balance Sheet
Total Assets	1.60B	1.50B	2.42B	3.30B	2.42B	1.99B
Cash, Cash Equivalents and Short-Term Investments	13.93M	257.00K	9.46M	1.74M	2.18M	1.05M
Total Debt	500.27M	556.84M	616.51M	524.00M	558.73M	521.40M
Total Liabilities	509.43M	571.14M	659.58M	566.94M	610.35M	607.71M
Stockholders Equity	1.09B	925.41M	1.76B	2.73B	1.81B	1.38B
Cash Flow
Free Cash Flow	0	11.53M	-79.50M	89.00M	-6.50M	-17.59M
Operating Cash Flow	0	92.10M	-68.89M	90.60M	-2.63M	-14.79M
Investing Cash Flow	0	-32.25M	-23.90M	-16.55M	9.56M	-2.62M
Financing Cash Flow	0	-59.67M	92.51M	-74.56M	-7.12M	15.90M

Mohit Industries Limited Technical Analysis

Technical Analysis SentimentNegative

Last Price19.50

Price Trends

50DMA22.18Negative

100DMA23.06Negative

200DMA23.32Negative

Market Momentum

MACD-0.82Positive

RSI41.06Neutral

STOCH15.89Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:MOHITIND, the sentiment is Negative. The current price of 19.50 is below the 20-day moving average (MA) of 20.62, below the 50-day MA of 22.18, and below the 200-day MA of 23.32, indicating a bearish trend. The MACD of -0.82 indicates Positive momentum. The RSI at 41.06 is Neutral, neither overbought nor oversold. The STOCH value of 15.89 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:MOHITIND.

Mohit Industries Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:MOHITIND against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:SUPERSPIN	48Neutral	INR 343.20M	-6.54	―	―	-5.87%	67.53%
IN:LAXMICOT	43Neutral	INR 206.12M	-7.07	―	―	-30.67%	-23145.95%
IN:SVPGLOB	42Neutral	INR 473.11M	0.50	―	―	-100.00%	―
IN:AKSHAR	40Underperform	INR 362.24M	-10.30	―	―	27.87%	48.94%
IN:MOHITIND	39Underperform	INR 276.07M	-31.87	―	―	7.31%	73.21%

* General Sector Average

Performance Comparison

IN:MOHITIND and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:MOHITIND	Mohit Industries Limited	19.50	-11.25	-36.59%
IN:AKSHAR	Akshar Spintex Ltd.	0.46	-0.10	-17.86%
IN:LAXMICOT	Laxmi Cotspin Ltd.	12.02	-9.05	-42.95%
IN:MORARJEE	Morarjee Textiles Limited	5.50	-2.35	-29.94%
IN:SUPERSPIN	Super Spinning Mills Limited	6.24	-2.98	-32.32%
IN:SVPGLOB	SVP Global Textiles Limited	3.74	-0.06	-1.58%

Mohit Industries Limited Corporate Events

Mohit Industries files AGM scrutinizer’s report and voting results with exchanges

Oct 2, 2026

Mohit Industries Limited has reported to the stock exchanges the scrutinizer’s findings and voting results from its 36th Annual General Meeting held on September 30, 2026 via video conferencing and other audio-visual means. The meeting and e-voting p...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Sep 24, 2026

Mohit Industries Limited AI Stock Analysis