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NSE:MOHITE

MOHITE INDUSTRIES LTD.

Textiles › Textiles & Apparels
₹2.26
at close · 28 Oct 2026
▼ 0.07 (-3.00%)

Latest filings

  1. Board approves sale of Spinning Unit assets representing 85% of revenue · Strategic Transactions
  2. Routine compliance certificate for Q2 FY27 under SEBI depository rules · Compliance
  3. 35th AGM voting results: all three resolutions passed with near-unanimous support · Board & Shareholder Meetings
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Operates across three reported business lines: textiles, hydro power, and construction (largely through subsidiary Solitaire Constructions Private Limited). In FY26, the textiles segment contributed Rs 24.0659 crore in revenue with EBIT of Rs 2.3191 crore, the hydro power segment contributed Rs 2.1763 crore in revenue with EBIT of Rs 1.5283 crore, and the construction segment contributed Rs 5.4325 crore in revenue with EBIT of Rs 1.0815 crore on a consolidated full-year basis. Total revenue for FY26 stood at Rs 153.3366 crore with an EBITDA margin of 14.34%, a net profit of Rs 3.6222 crore, and total assets of Rs 252.8396 crore. The cost structure is dominated by materials (38.5% of revenue) and other operating expenses (41.4%), with employee costs at 8.9% and depreciation at 3.9%. The company's audited financial statements disclosed that it has not met its financial obligations due to a recession in the textile industry, with bank loan defaults including Cash Credit (Rs 3.24 crore) and Term Loans (Rs 6.94 crore) with Bank of Baroda, and a Loan against Property (Rs 3.94 crore) with LIC Housing Finance.

Operating scale
FY26 total revenue
Rs 153.3366 croreFY26
Textiles segment revenue
Rs 24.0659 croreFY26
Hydro Power segment revenue
Rs 2.1763 croreFY26
Construction segment revenue
Rs 5.4325 croreFY26
Bank loan defaults
Rs 2,905.79 crore (38% of total borrowings) per March 2026 disclosureFY26
EBITDA margin
14.34%FY26
Who pays it
Textiles buyers, power distribution off-takers, and construction clients (via subsidiary Solitaire Constructions Private Limited)
Biggest cost
Raw materials at 38.5% of revenue and other operating expenses at 41.4%
Kind of business
Small diversified textile-led conglomerate with hydro power and construction (subsidiary) arms; financially stressed with disclosed loan defaults
Where it sits
BSE-listed small company in textiles and apparels, with diversifying interests in hydro power generation and construction
Market Cap
₹45 Cr
P / E (TTM)
12.6×
EV / EBITDA
6.4×
Div Yield
—
Growth
11.6%▲
Revenue 5y CAGR
PAT +0.4% · EBITDA +3.5%
Quality
8.6%·
ROCE (5y median)
ROE 4.3% (5y median) · margin 14.3%
Leverage
0.74·
Debt / Equity · moderate
Net debt ₹95 Cr
Revenue FY21→FY26
1.7×▲
Margin −1.6 pts
₹89 Cr → ₹153 Cr
Cash conversion
3.84×▲
Operating cash ÷ profit · 5 yrs
₹95 Cr on ₹25 Cr
Where it sits among 229 Other Textile Products peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#73/179
P/B#15/185
ROCE#129/215
ROE#111/188
Debt / Equity#129/188
EBITDA margin#24/198
Revenue growth#152/192
Profit growth#33/203

Scorecard

Measured from the filed financials, judged against its Other Textile Products peers · as of FY26 — not investment advice

Strengths
Over 5 years it reported ₹25 Cr of profit and ₹95 Cr of operating cash — 3.84×
Profit is converting into cash
Concerns
Heavy working capital — 214 days of cash tied up
EPS grew slower than profit — the share count rose (bonus or dilution)

Charts

How has the market priced it — with filings on the timeline?

MOHITE · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from MOHITE INDUSTRIES LTD.'s filed financials and exchange disclosures

What does MOHITE INDUSTRIES LTD. do?

MOHITE INDUSTRIES LTD. is a Textiles & Apparels company listed on NSE and BSE, trading under the symbol MOHITE.

Is MOHITE INDUSTRIES LTD. profitable?

Yes. Over the trailing twelve months MOHITE INDUSTRIES LTD. reported a net profit of ₹3.62 Cr on revenue of ₹153 Cr.

Does MOHITE INDUSTRIES LTD. pay a dividend?

Not in the latest reported year — MOHITE INDUSTRIES LTD.'s dividend payout for FY26 was nil.

Is MOHITE INDUSTRIES LTD. debt-free?

No. It reported borrowings of ₹95 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹95 Cr after cash. Debt stands at 0.74× equity. That is higher than 68% of its 188 Other Textile Products peers.

Is MOHITE INDUSTRIES LTD. expensive compared with its peers?

On trailing P/E, MOHITE INDUSTRIES LTD. ranks 73 of 179 in Other Textile Products — cheaper than 60% of them, against an industry median of 16.8×. This is a position, not a valuation judgement.

Where can I track MOHITE INDUSTRIES LTD.'s announcements?

Every NSE and BSE filing by MOHITE INDUSTRIES LTD. appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.