Mohite Industries (MOHITE) is loss-making over the last 12 months, so a P/E ratio does not apply. Its share price on 6 Nov 2026 was ₹2.38, 28% below its 52-week high. Sales grew 22% a year over 3 years. Debt is 0.84× equity. It is a small-cap company with a market cap of ₹48 Cr, ranked 157th of 246 Textile Manufacturing companies by market cap; the shares fell 2.9% over the past year.
- ₹2.42
- ₹2.46
- ₹2.36
- ₹2.42
- 9.5K
Health check
- ReturnsBehind
−2.9% over a year, better than 2 of 7 peers.
- Price tagLoss-making
Earnings were negative over the last 12 months.
- GrowthUnder pressure
Sales +22.0%, profit −18.5% a year over 3 years, but loss-making now.
- ProfitabilityWeak
ROCE 7.9% vs peer median 10.7%.
- Balance sheetStretched
Debt 0.84× equity, interest covered 1.5×, Piotroski 4 of 9.
- Red flags4 to check
Loss-making over the last twelve months.
Small cap
Defensive
Key metrics
- Market cap
- ₹48 Cr
- Small cap
- P/E
- n/a
- Industry 17.0
- Price to book
- 0.37
- Peers 3.81
- Dividend yield
- 0.00%
- ROE
- 3.1%
- Peers 10.1%
- ROCE
- 7.9%
- Peers 10.7%
- Debt to equity
- 0.84
- Debt ₹108 Cr
- EPS (TTM)
- −₹0.04
- Face value ₹1
- OPM (TTM)
- 9.1%
- Net margin 1.5%
- Sales growth
- −29.8%
- Latest quarter vs a year ago
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 0.33
- EV/EBITDA 9.2
Strengths and risks
Risks to check
- Loss-making over the last twelve months.
- Return on equity is low at 3.1%.
- Quarterly sales down 29.8% on a year ago.
- Interest coverage of only 1.6×.
About Mohite Industries
Mohite Industries Limited engages in the textile and power generation businesses in India. The company operates through Textiles and Hydro Power segments. It offers compact cotton and slub yarns, as well as gray knitted fabrics. The company also operates a hydro power project with a capacity of 10 MW located in Fegivade village; and a 3.5 MW hydro power project located in Ambai, Maharashtra. It exports its products. The company was formerly known as R M…
- Headquarters
- Kolhapur
- Employees
- 241
- Sector
- Consumer Cyclical
- ISIN
- INE154B01023
- Website
- mohite.com
Price range
- Avg volume (3M)
- 77.3K
- 1-year return
- minus 2.9%
- From 52-week high
- minus 27.9%
Peers · Textile Manufacturing
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KPRMILLK.P.R. Mill | 1,164.40 | minus 0.25% | 39,883 | 38.3 | 6.41 | 20.0% | 18.0% | 22.1% | 2.3% | 2.1% | 0.43% | plus 10.5% |
| WELSPUNLIVWelspun Living | 241.30 | minus 4.75% | 22,717 | 52.8 | 4.47 | 5.8% | 8.8% | 28.7% | 5.7% | 0.9% | 0.04% | plus 96.2% |
| VTLVardhman Textiles | 508.80 | minus 4.89% | 14,729 | 14.3 | 1.38 | 8.6% | 7.3% | 13.7% | −0.8% | −2.1% | 0.98% | plus 22.2% |
| ARVINDArvind | 494.75 | minus 0.58% | 12,969 | 28.4 | 3.10 | 15.4% | 11.1% | 10.9% | 3.4% | 0.8% | 0.91% | plus 57.3% |
| TRIDENTTrident | 23.88 | plus 0.08% | 12,168 | 25.4 | 2.53 | 10.7% | 10.1% | 14.9% | 1.8% | −5.1% | 2.09% | minus 16.6% |
| ICILIndo Count Industries | 489.85 | minus 2.25% | 9,702 | 39.8 | 3.81 | 9.5% | 5.5% | 9.7% | 11.6% | −22.9% | 0.31% | plus 78.7% |
| GARFIBRESGarware Technical Fibres | 715.65 | minus 2.13% | 6,988 | 29.8 | 4.97 | 19.3% | 15.3% | 19.2% | 5.6% | 4.9% | 1.26% | minus 3.9% |
| MOHITEMohite Industries | 2.38 | minus 1.65% | 48 | – | 0.37 | 7.9% | 3.1% | −12.3% | 22.0% | −18.5% | 0.00% | minus 2.9% |
| Median of 7 peers | – | −2.13% | 12,969 | 29.8 | 3.81 | 10.7% | 10.1% | 14.9% | 3.4% | 0.8% | 0.91% | 22.2% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 25.4 | 51.8 | 46 | 30.2 | 17.8 | |
| 23.4 | 47.3 | 40.8 | 25.1 | 19.4 | |
| 2 | 4.5 | 5.2 | 5.2 | −1.6 | |
| 7.8% | 8.6% | 11.3% | 17.1% | −9.0% | |
| 0.9 | 1.5 | 1.4 | 1.4 | 0.7 | |
| 2.4 | 1.5 | 3.8 | 3.4 | 0.3 | |
| 1.4 | 1.4 | 1.5 | 1.7 | 1.3 | |
| −1 | 3 | 1.2 | 1.6 | −2.5 | |
| – | – | – | 77.0% | – | |
| −1 | 3 | 1.2 | 0.4 | −2.5 | |
| -0.05 | – | 0.06 | 0.02 | -0.12 |
Profit & loss
- Sales CAGR 3Y
- +22.0%
- Profit CAGR 3Y
- −18.5%
- EPS CAGR 3Y
- −18.5%
- ROE
- 3.1%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 84.4 | 125 | 167 | 153 | |
| – | +48.1% | +33.4% | minus 8.0% | |
| 62 | 104 | 144 | 137 | |
| 22.4 | 20.6 | 22.6 | 16.8 | |
| 26.6% | 16.5% | 13.5% | 10.9% | |
| 2.1 | 2.8 | 2.8 | 4.7 | |
| 9.9 | 11.9 | 13 | 10.6 | |
| 7.4 | 7.5 | 6.7 | 6 | |
| – | −0.2 | – | – | |
| 7.3 | 3.8 | 5.7 | 4.8 | |
| 8.3% | 6.4% | 6.1% | 25.0% | |
| 6.7 | 3.6 | 5.3 | 3.6 | |
| – | minus 46.7% | +49.5% | minus 32.1% | |
| 0.33 | 0.18 | 0.27 | 0.18 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 20.1 | 20.1 | 20.1 | 20.1 | |
| 89.2 | 90.8 | 94 | 96 | |
| 105 | 135 | 115 | 103 | |
| 18.8 | 19.6 | 25.2 | 30.5 | |
| 233 | 265 | 254 | 250 | |
| 111 | 111 | 104 | 101 | |
| 30.9 | 30.1 | 29.9 | 31.4 | |
| 0.3 | 0.3 | 0.4 | 0.3 | |
| 6.9 | 4.8 | 3.6 | 3.5 | |
| 83.8 | 119 | 116 | 114 | |
| 233 | 265 | 254 | 250 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 32.5 | −9.8 | 31.7 | 24.6 | |
| −23.7 | −10.1 | 0.4 | −2.1 | |
| 0.8 | 17.9 | −33.3 | −22.7 | |
| 9.7 | −2.1 | −1.2 | −0.1 | |
| −23.7 | −10.2 | −0.2 | −2.4 | |
| 8.8 | −20 | 31.5 | 22.2 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company.
Major shareholders
Filings & events
News
No recent news coverage found.