Mohite Industries Ltd
MOHI

Mohite Industries Ltd (532140)

₹24.94.62%

Key Stats

₹23.8
Day's Price Range
₹24.9
₹16.15
52-Week Price Range
₹30.45
1 Month Return2.58 %
3 Month Return30.76 %
1 Year Return37.97 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 56
6.39
EPS
Rank 216
₹3.72
BVPS
Rank 244
₹51.95
Dividend Yield
Rank 184
ROE
Rank 460
3.81%
Price To Book Ratio
Rank 31
0.45
Debt To Asset
Rank 289
0.54

Company Information

Incorporated on 31st Oct.90 as a public limited company R M Mohite Textiles RMMTL was promoted by Rsmchandra Maruti Mohite Dilip R Mohite A R Mohite Arvind G Gaonkar and Shivaji R Mohite. It obtained the certificate of commencement of business on 22nd Mar.91.The company set up a 100 export oriented cotton spinning unit to manufacture carded and combed yarn which commenced commercial production on 2nd May93.RMMTL came out with a public issue in Dec.96 to partfinance its 100 EOU expansion project to manufacture a variety of cotton yarn 30/1s combed and carded count. Looking to the high potential of the cotton yarn exports company has gone for expansion by setting up of 12096 spindles. The cost of expansion project was Rs 36.00 crores. Commercial operations relating to the expansion project was started from 1st October 1998. The quality of yarn produced is well appreciated by many overseas buyers and overall market. The company planned for an investment of Rs. 7 crores under the Technology Upgradation Scheme and IDBI has sanctioned as the above as Term Loan.
OrganisationMohite Industries Ltd
HeadquartersKolhapur
IndustryTextiles