Mohit Industries Limited Share Price and Company Fundamentals



Price
₹16.35
Change
0.100 (0.615%)
52 week
10.3 - 26.55

Last traded: Yesterday at 9:59 AM

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.

Key Metrics

PE ratio

175.56

PB ratio

0.16

Dividend yield

0.00%

Beta

1.32

Market cap

-

Enterprise value

-

Company profile

Industry / SectorTextile Manufacturing / Consumer Cyclical
Websitehttps://www.mohitindustries.com
Mailing addressA/601-B, International Trade Centre Majura Gate Ring Road Surat 395002 India
Phone / Fax91 26 1246 3261 / 91 26 1246 3264

Dividends

Dividend yield

0.00%

Dividend amount

₹0.00

Payout ratio

0.00%

Mohit Industries Limited paid ₹0.00 dividend and the ex-dividend date was 11 Aug 2016.The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.MOHITIND dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

MOHITIND's forward dividend amount is ₹ and the forward dividend yield is . A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Jul 2022, following are the company executives and directors listed on Mohit Industries Limited.

NameTitleAgeTotal Pay
Mr. Narayan Sitaram SabooExec. Chairman & MD60
Mr. Manish Narayan SabooCFO & Exec. Director37
Mr. Naresh Sitaram SabooExec. Director48
Mallikarjun B. PattanshettyTech. Mang.53
Ms. Mittal Narendrabhai ShahCompany Sec. & Compliance Officer
Mr. Rajesh D. PanghalMarketing Mang.53
Ketan DondaHR Mang.28

Profitability and management effectiveness

Profit margin

0.07%

Operating margin

1.40%

Return on assets

0.94%

Return on equity

0.13%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Mohit Industries Limited is and its enterprise value is .

The MOHITIND's stocks Beta value is 1.32 making it 32% more volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Mohit Industries Limited (NSE:MOHITIND) Frequently Asked Questions

1. What is Mohit Industries Limited's Stock Symbol?

Mohit Industries Limited trades on NSE under the ticker symbol "MOHITIND".

2. What is Mohit Industries Limited's stock price today?

One share of MOHITIND stock can currently be purchased for approximately ₹16.35.

3. How can I contact Mohit Industries Limited?

Mohit Industries Limited's mailing address is A/601-B, International Trade Centre Majura Gate Ring Road Surat 395002 India. The company can be reached via phone at 91 26 1246 3261.

4. What is Mohit Industries Limited's official website?

The official website of Mohit Industries Limited is https://www.mohitindustries.com.