Valuation Update With 7 Day Price Move • Apr 10
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹2.49, the stock trades at a trailing P/E ratio of 17.3x. Average trailing P/E is 17x in the Luxury industry in India. Total returns to shareholders of 14% over the past three years. Valuation Update With 7 Day Price Move • Mar 23
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹2.14, the stock trades at a trailing P/E ratio of 14.9x. Average trailing P/E is 16x in the Luxury industry in India. Total returns to shareholders of 15% over the past three years. Board Change • Mar 14
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Non Executive Independent Director Bhushan Deshpande was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Mar 03
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹3.13, the stock trades at a trailing P/E ratio of 21.8x. Average trailing P/E is 18x in the Luxury industry in India. Total returns to shareholders of 66% over the past three years. New Risk • Feb 12
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.4x net interest cover). Share price has been highly volatile over the past 3 months (9.3% average weekly change). Earnings have declined by 2.0% per year over the past 5 years. Market cap is less than US$10m (₹540.7m market cap, or US$5.97m). Minor Risk Profit margins are more than 30% lower than last year (1.8% net profit margin). Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹2.93, the stock trades at a trailing P/E ratio of 22.1x. Average trailing P/E is 18x in the Luxury industry in India. Total returns to shareholders of 66% over the past three years. Annuncio • Feb 05
Mohite Industries Limited to Report Q3, 2026 Results on Feb 12, 2026 Mohite Industries Limited announced that they will report Q3, 2026 results on Feb 12, 2026 New Risk • Dec 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.4x net interest cover). Earnings have declined by 2.0% per year over the past 5 years. Market cap is less than US$10m (₹580.9m market cap, or US$6.46m). Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Profit margins are more than 30% lower than last year (1.8% net profit margin). Valuation Update With 7 Day Price Move • Dec 04
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹3.36, the stock trades at a trailing P/E ratio of 25.3x. Average trailing P/E is 20x in the Luxury industry in India. Total returns to shareholders of 52% over the past three years. Reported Earnings • Nov 16
Second quarter 2026 earnings released Second quarter 2026 results: Revenue: ₹532.9m (up 12% from 2Q 2025). Net income: ₹30.4m (up 13% from 2Q 2025). Profit margin: 5.7% (in line with 2Q 2025). Annuncio • Nov 05
Mohite Industries Limited to Report Q2, 2026 Results on Nov 14, 2025 Mohite Industries Limited announced that they will report Q2, 2026 results at 12:15 PM, Indian Standard Time on Nov 14, 2025 Valuation Update With 7 Day Price Move • Oct 10
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹3.79, the stock trades at a trailing P/E ratio of 34.4x. Average trailing P/E is 23x in the Luxury industry in India. Total returns to shareholders of 59% over the past three years. Annuncio • Aug 18
Mohite Industries Limited, Annual General Meeting, Sep 30, 2025 Mohite Industries Limited, Annual General Meeting, Sep 30, 2025. Reported Earnings • Aug 16
First quarter 2026 earnings released: ₹0.05 loss per share (vs ₹0.10 profit in 1Q 2025) First quarter 2026 results: ₹0.05 loss per share (down from ₹0.10 profit in 1Q 2025). Revenue: ₹262.4m (down 44% from 1Q 2025). Net loss: ₹10.1m (down 148% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. New Risk • Aug 16
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.5% Last year net profit margin: 3.1% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.2x net interest cover). Market cap is less than US$10m (₹524.6m market cap, or US$6.00m). Minor Risk Profit margins are more than 30% lower than last year (1.5% net profit margin). Annuncio • Aug 09
Mohite Industries Limited to Report Q1, 2026 Results on Aug 14, 2025 Mohite Industries Limited announced that they will report Q1, 2026 results on Aug 14, 2025 Reported Earnings • Jun 02
Full year 2025 earnings released: EPS: ₹2.65 (vs ₹0.12 in FY 2024) Full year 2025 results: EPS: ₹2.65 (up from ₹0.12 in FY 2024). Revenue: ₹1.70b (up 36% from FY 2024). Net income: ₹53.3m (up 127% from FY 2024). Profit margin: 3.1% (up from 1.9% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Annuncio • May 21
Mohite Industries Limited to Report Fiscal Year 2025 Results on May 30, 2025 Mohite Industries Limited announced that they will report fiscal year 2025 results on May 30, 2025 New Risk • May 08
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹846.2m (US$9.89m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.5x net interest cover). Shares are highly illiquid. Market cap is less than US$10m (₹846.2m market cap, or US$9.89m). Minor Risk Profit margins are more than 30% lower than last year (3.2% net profit margin). Reported Earnings • Feb 16
Third quarter 2025 earnings released: EPS: ₹0.50 (vs ₹0.023 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.50 (up from ₹0.023 in 3Q 2024). Revenue: ₹380.9m (up 74% from 3Q 2024). Net income: ₹10.1m (up 116% from 3Q 2024). Profit margin: 2.7% (up from 2.1% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings. Annuncio • Feb 07
Mohite Industries Limited to Report Q3, 2025 Results on Feb 14, 2025 Mohite Industries Limited announced that they will report Q3, 2025 results on Feb 14, 2025 Valuation Update With 7 Day Price Move • Dec 25
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹64.62, the stock trades at a trailing P/E ratio of 23.2x. Average trailing P/E is 29x in the Luxury industry in India. Total returns to shareholders of 192% over the past three years. Valuation Update With 7 Day Price Move • Nov 28
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to ₹68.65, the stock trades at a trailing P/E ratio of 24.7x. Average trailing P/E is 29x in the Luxury industry in India. Total returns to shareholders of 303% over the past three years. Reported Earnings • Nov 16
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: ₹484.2m (up 121% from 2Q 2024). Net income: ₹26.9m (up 474% from 2Q 2024). Profit margin: 5.6% (up from 2.1% in 2Q 2024). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Nov 07
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to ₹121, the stock trades at a trailing P/E ratio of 51.1x. Average trailing P/E is 31x in the Luxury industry in India. Total returns to shareholders of 494% over the past three years. Annuncio • Nov 07
Mohite Industries Limited to Report Q2, 2025 Results on Nov 14, 2024 Mohite Industries Limited announced that they will report Q2, 2025 results on Nov 14, 2024 Valuation Update With 7 Day Price Move • Oct 22
Investor sentiment improves as stock rises 37% After last week's 37% share price gain to ₹84.24, the stock trades at a trailing P/E ratio of 35.7x. Average trailing P/E is 31x in the Luxury industry in India. Total returns to shareholders of 397% over the past three years. Annuncio • Oct 11
Mohite Industries Limited Announces Appointment of Savita Sujit Kulkarni as Company Secretary Mohite Industries Limited announced Based on the recommendation of Nomination and Remuneration Committee, the Board of Directors in their meeting held October 11, 2024, have approved the appointment of Mrs. Savita Sujit Kulkarni (Membership No.: A68246) as the Company Secretary and Compliance Officer (Key Managerial Personnel) of the Corporation with effect from October 11, 2024 due to resignation of earlier Company Secretary. Mrs. Savita Sujit Kulkarni is an Associate Member of the Institute of Company Secretaries of India, having Membership No. A68246 and has bachelors' Degree in Commerce. She is having several years of experience mainly in the field of Secretarial and Legal matters. Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹66.51, the stock trades at a trailing P/E ratio of 28.2x. Average trailing P/E is 31x in the Luxury industry in India. Total returns to shareholders of 280% over the past three years. Annuncio • Sep 09
Mohite Industries Limited, Annual General Meeting, Sep 30, 2024 Mohite Industries Limited, Annual General Meeting, Sep 30, 2024, at 11:00 Indian Standard Time. Location: r s no 347,ambapwadi, phata,off nh 4,post box no.1, vadgaon tal - hatkanangle, dist kolhapur 416112, India Reported Earnings • Aug 20
First quarter 2025 earnings released: EPS: ₹1.05 (vs ₹0.15 loss in 1Q 2024) First quarter 2025 results: EPS: ₹1.05 (up from ₹0.15 loss in 1Q 2024). Revenue: ₹468.8m (up 182% from 1Q 2024). Net income: ₹21.0m (up ₹24.0m from 1Q 2024). Profit margin: 4.5% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 45% per year, which means it is well ahead of earnings. Annuncio • Aug 08
Mohite Industries Limited to Report Q1, 2025 Results on Aug 14, 2024 Mohite Industries Limited announced that they will report Q1, 2025 results on Aug 14, 2024 Valuation Update With 7 Day Price Move • Jun 18
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to ₹66.38, the stock trades at a trailing P/E ratio of 56.8x. Average trailing P/E is 28x in the Luxury industry in India. Total returns to shareholders of 382% over the past three years. Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹49.73, the stock trades at a trailing P/E ratio of 42.6x. Average trailing P/E is 26x in the Luxury industry in India. Total returns to shareholders of 241% over the past three years. Annuncio • Jun 06
Mohite Industries Limited Announces Resignation of Deepak Ramchandra Suryavanshi as Company Secretary / Compliance Officer Mohite Industries Limited announced that Mr. Deepak Ramchandra Suryavanshi (ICSI Membership No. A27641) has resigned from the post of Company Secretary and Compliance officer of the Company effective from closing of business hours of 5% June, 2024 due to his personal reasons and carrier opportunities elsewhere. Reported Earnings • Jun 04
Full year 2024 earnings released: EPS: ₹1.17 (vs ₹3.33 in FY 2023) Full year 2024 results: EPS: ₹1.17 (down from ₹3.33 in FY 2023). Revenue: ₹1.28b (up 51% from FY 2023). Net income: ₹23.5m (down 65% from FY 2023). Profit margin: 1.8% (down from 7.9% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 48% per year, which means it is well ahead of earnings. Annuncio • May 18
Mohite Industries Limited to Report Q4, 2024 Results on May 29, 2024 Mohite Industries Limited announced that they will report Q4, 2024 results on May 29, 2024 New Risk • May 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 9.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.5x net interest cover). Minor Risks Share price has been volatile over the past 3 months (9.4% average weekly change). Market cap is less than US$100m (₹945.8m market cap, or US$11.3m). Valuation Update With 7 Day Price Move • May 08
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to ₹47.08, the stock trades at a trailing P/E ratio of 15.9x. Average trailing P/E is 29x in the Luxury industry in India. Total returns to shareholders of 291% over the past three years. Annuncio • Feb 15
Mohite Industries Limited Announces Executive Changes Mohite Industries Limited appointed Mr. Deepak Ramchandra Suryavanshi (Membership No.: ACS 27641), as Company Secretary and Compliance Officer of the Company effective from February 14, 2024 to fill vacancy caused by resignation of Mr. Parashram Ramchandra Adav, Company Secretary and Compliance Officer of the Company. Mr. Deepak Ramchandra Suryavanshi is an Associate Member of the Institute of Company Secretaries of India, having Membership No. ACS: 27641 and has Masters' Degree in Commerce. He is having around 12 years of experience mainly in the field of Secretarial and Legal matters. Annuncio • Feb 14
Mohite Industries Limited Announces Resignation of Parashram Ramchandra Adav as Company Secretary and Compliance Officer Mohite Industries Limited announced that Mr. Parashram Ramchandra Adav has resigned from the post of Company Secretary and Compliance Officer of the Company with effect from closing hours of February 14, 2024 due to his personal reasons. Annuncio • Feb 07
Mohite Industries Limited to Report Q3, 2024 Results on Feb 14, 2024 Mohite Industries Limited announced that they will report Q3, 2024 results on Feb 14, 2024 Valuation Update With 7 Day Price Move • Dec 08
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₹37.27, the stock trades at a trailing P/E ratio of 15.1x. Average trailing P/E is 27x in the Luxury industry in India. Total returns to shareholders of 328% over the past three years. New Risk • Nov 20
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.0% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.6x net interest cover). Share price has been highly volatile over the past 3 months (9.0% average weekly change). Market cap is less than US$10m (₹663.2m market cap, or US$7.95m). Valuation Update With 7 Day Price Move • Nov 20
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹33.01, the stock trades at a trailing P/E ratio of 13.4x. Average trailing P/E is 26x in the Luxury industry in India. Total returns to shareholders of 358% over the past three years. Board Change • Nov 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Non Executive Independent Director Annasaheb More was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • Sep 08
Mohite Industries Limited, Annual General Meeting, Sep 30, 2023 Mohite Industries Limited, Annual General Meeting, Sep 30, 2023, at 11:00 Indian Standard Time. Location: R.S. No. 347, Ambapwadi Phata, Off. NH -4, Vadgaon, Tal - Hatkanangale, Dist- Kolhapur India Agenda: The Audited Financial Statements of the Company for the Financial Year ended 31 March, 2023 and the Reports of the Board of Directors and Auditors' thereon; and to consider the Audited Consolidated Financial Statements of the Company for the Financial Year ended 31 March, 2023 and the Report of Auditors' thereon; to appoint a Director in place of Mr. Shivaji Mohite , who retires by rotation and being eligible offers himself for re-appointment; and to transact other business. Reported Earnings • Aug 22
First quarter 2024 earnings released: ₹0.15 loss per share (vs ₹0.72 profit in 1Q 2023) First quarter 2024 results: ₹0.15 loss per share (down from ₹0.72 profit in 1Q 2023). Revenue: ₹176.4m (down 30% from 1Q 2023). Net loss: ₹2.93m (down 120% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Aug 07
Mohite Industries Limited to Report Q1, 2024 Results on Aug 14, 2023 Mohite Industries Limited announced that they will report Q1, 2024 results on Aug 14, 2023 Annuncio • Jun 13
Mohite Industries Limited Announces Executive Changes Mohite Industries Limited appointed Mr. Parsharam Adav (Membership No.: ACS 28223), as Company Secretary and Compliance Officer of the Company w.e.f 25.05.2023 to fill vacancy caused by resignation of Mr. Manmay Kalyankar, Company Secretary and Compliance Officer of the Company. Mr. Parsharam Adav is an Associate Member of the Institute of Company Secretaries of India, having Membership No. ACS: 28223 and has Masters' Degreein Commerce. He is having around 5 years of experience mainly in the field of Secretarial and Legal matters. Reported Earnings • May 27
Full year 2023 earnings released: EPS: ₹3.33 (vs ₹3.32 in FY 2022) Full year 2023 results: EPS: ₹3.33 (up from ₹3.32 in FY 2022). Revenue: ₹866.6m (down 44% from FY 2022). Net income: ₹66.9m (flat on FY 2022). Profit margin: 7.7% (up from 4.3% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • May 26
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹23.82, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 18x in the Luxury industry in India. Total returns to shareholders of 179% over the past three years. Annuncio • May 20
Mohite Industries Limited to Report Q4, 2023 Results on May 25, 2023 Mohite Industries Limited announced that they will report Q4, 2023 results on May 25, 2023 Valuation Update With 7 Day Price Move • Apr 27
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹18.43, the stock trades at a trailing P/E ratio of 6.2x. Average trailing P/E is 16x in the Luxury industry in India. Total returns to shareholders of 98% over the past three years. Valuation Update With 7 Day Price Move • Apr 12
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₹21.49, the stock trades at a trailing P/E ratio of 7.2x. Average trailing P/E is 16x in the Luxury industry in India. Total returns to shareholders of 153% over the past three years. Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹17.71, the stock trades at a trailing P/E ratio of 5.9x. Average trailing P/E is 16x in the Luxury industry in India. Total returns to shareholders of 79% over the past three years. Reported Earnings • Feb 15
Third quarter 2023 earnings released: EPS: ₹0.30 (vs ₹0.55 in 3Q 2022) Third quarter 2023 results: EPS: ₹0.30 (down from ₹0.55 in 3Q 2022). Revenue: ₹120.8m (down 67% from 3Q 2022). Net income: ₹6.07m (down 45% from 3Q 2022). Profit margin: 5.0% (up from 3.0% in 3Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Annuncio • Feb 08
Mohite Industries Limited to Report Q3, 2023 Results on Feb 13, 2023 Mohite Industries Limited announced that they will report Q3, 2023 results on Feb 13, 2023 Annuncio • Jan 01
Mohite Industries Limited Announces Resignation of Manmay Kiran Kalyankar as Company Secretary / Compliance Officer Mohite Industries Limited announced that Manmay Kiran Kalyankar has resigned from the post of Company Secretary and Compliance officer of the Company w.e.f. closing hours of 31st December, 2022 due to his personal reasons. Valuation Update With 7 Day Price Move • Dec 09
Investor sentiment improved over the past week After last week's 16% share price gain to ₹23.90, the stock trades at a trailing P/E ratio of 7.2x. Average trailing P/E is 16x in the Luxury industry in India. Total returns to shareholders of 149% over the past three years. Annuncio • Nov 06
Mohite Industries Limited to Report Q2, 2023 Results on Nov 11, 2022 Mohite Industries Limited announced that they will report Q2, 2023 results on Nov 11, 2022 Reported Earnings • Sep 11
Full year 2022 earnings released: EPS: ₹3.32 (vs ₹1.77 in FY 2021) Full year 2022 results: EPS: ₹3.32 (up from ₹1.77 in FY 2021). Revenue: ₹1.55b (up 75% from FY 2021). Net income: ₹66.7m (up 88% from FY 2021). Profit margin: 4.3% (up from 4.0% in FY 2021). The increase in margin was driven by higher revenue. Annuncio • Sep 07
Mohite Industries Limited, Annual General Meeting, Sep 30, 2022 Mohite Industries Limited, Annual General Meeting, Sep 30, 2022, at 11:00 Indian Standard Time. Location: R.S. No. 347, Ambapwadi Phata, Off. NH -4, Vadgaon, Tal -- Hatkanangale, Kolhapur Maharashtra India Agenda: To receive, consider and adopt the Audited Financial Statements of the Company for the Financial Year ended 31st March, 2022 and the Reports of the Board of Directors and Auditors' thereon; and The Audited Consolidated Financial Statements of the Company for the Financial Year ended 31 March, 2022 and the Report of Auditors' thereon; to appoint a Director in place of Mr. Abhay Shamrao Bhide, who retires by rotation and being eligible offers himself for re-appointment; and to discuss other matters. Annuncio • Jul 31
Mohite Industries Limited Appoints Manmay Kiran Kalyankar as Company Secretary and Compliance Officer Mohite Industries Limited informed that Mr. Manmay Kiran Kalyankar, Associate member of Institute of Company Secretaries of India, is appointed as Company Secretary and Compliance Officer of the Company with effect from May 30, 2022. Valuation Update With 7 Day Price Move • Jul 26
Investor sentiment improved over the past week After last week's 20% share price gain to ₹22.20, the stock trades at a trailing P/E ratio of 6.7x. Average trailing P/E is 14x in the Luxury industry in India. Total returns to shareholders of 69% over the past three years. Valuation Update With 7 Day Price Move • Jun 22
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹17.95, the stock trades at a trailing P/E ratio of 5.4x. Average trailing P/E is 12x in the Luxury industry in India. Total returns to shareholders of 37% over the past three years. Valuation Update With 7 Day Price Move • May 25
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹20.00, the stock trades at a trailing P/E ratio of 5.8x. Average trailing P/E is 12x in the Luxury industry in India. Total returns to shareholders of 67% over the past three years. Annuncio • Apr 15
Mohite Industries Limited Announces Resignation of Ashvini P. Kalekar as Company Secretary Mohite Industries Limited announced that Ms. Ashvini P. Kalekar has tendered her resignation from the post of Company Secretary of the company. Valuation Update With 7 Day Price Move • Apr 12
Investor sentiment improved over the past week After last week's 24% share price gain to ₹25.65, the stock trades at a trailing P/E ratio of 7.5x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 110% over the past three years. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₹20.95, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 12x in the Luxury industry in India. Total returns to shareholders of 85% over the past three years. Reported Earnings • Feb 17
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹0.55 (up from ₹0.04 in 3Q 2021). Revenue: ₹364.3m (up 39% from 3Q 2021). Net income: ₹11.0m (up ₹10.3m from 3Q 2021). Profit margin: 3.0% (up from 0.3% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 07
Investor sentiment improved over the past week After last week's 24% share price gain to ₹28.05, the stock trades at a trailing P/E ratio of 9.6x. Average trailing P/E is 14x in the Luxury industry in India. Total returns to shareholders of 148% over the past three years. Valuation Update With 7 Day Price Move • Dec 31
Investor sentiment improved over the past week After last week's 17% share price gain to ₹22.70, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 87% over the past three years. Valuation Update With 7 Day Price Move • Dec 13
Investor sentiment improved over the past week After last week's 21% share price gain to ₹21.80, the stock trades at a trailing P/E ratio of 7.5x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 62% over the past three years. Reported Earnings • Nov 18
Second quarter 2022 earnings released: EPS ₹0.84 (vs ₹0.36 in 2Q 2021) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2022 results: Revenue: ₹533.3m (up 204% from 2Q 2021). Net income: ₹17.0m (up 135% from 2Q 2021). Profit margin: 3.2% (down from 4.1% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Annuncio • Aug 28
Shivaji Ramchandra Mohite, Monika Shivaji Mohite and Dhruv Shivaji Mohite agreed to acquire 52% stake in Solitaire Constructions Private Limited from Mohite Industries Limited (BSE:532140) for INR 28.08 million. Shivaji Ramchandra Mohite, Monika Shivaji Mohite and Dhruv Shivaji Mohite agreed to acquire 52% stake in Solitaire Constructions Private Limited from Mohite Industries Limited (BSE:532140) for INR 28.08 million on August 27, 2021. As of August 27, 2021, Board of Directors of Mohite Industries Limited approved the sale. Reported Earnings • Aug 18
First quarter 2022 earnings released: EPS ₹0.32 (vs ₹0.35 loss in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹244.4m (up ₹231.9m from 1Q 2021). Net income: ₹6.46m (up ₹13.6m from 1Q 2021). Profit margin: 2.6% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment improved over the past week After last week's 18% share price gain to ₹21.75, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 20x in the Luxury industry in India. Total returns to shareholders of 30% over the past three years. Valuation Update With 7 Day Price Move • Jul 05
Investor sentiment improved over the past week After last week's 18% share price gain to ₹15.88, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 20x in the Luxury industry in India. Negligible returns to shareholders over past three years. Valuation Update With 7 Day Price Move • Jun 01
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹10.85, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 16x in the Luxury industry in India. Total loss to shareholders of 29% over the past three years. Valuation Update With 7 Day Price Move • May 07
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹13.10, the stock trades at a trailing P/E ratio of 11.8x. Average trailing P/E is 17x in the Luxury industry in India. Total loss to shareholders of 13% over the past three years. Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment improved over the past week After last week's 19% share price gain to ₹13.64, the stock is trading at a trailing P/E ratio of 12.3x, up from the previous P/E ratio of 10.4x. This compares to an average P/E of 18x in the Luxury industry in India. Total return to shareholders over the past three years is a loss of 21%. Reported Earnings • Feb 15
Third quarter 2021 earnings released: EPS ₹0.04 (vs ₹0.76 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: ₹278.3m (up 11% from 3Q 2020). Net income: ₹721.0k (down 95% from 3Q 2020). Profit margin: 0.3% (down from 6.1% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Feb 12
New 90-day high: ₹9.53 The company is up 52% from its price of ₹6.25 on 14 November 2020. The Indian market is up 22% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 21% over the same period. Valuation Update With 7 Day Price Move • Feb 11
Investor sentiment improved over the past week After last week's 16% share price gain to ₹9.08, the stock is trading at a trailing P/E ratio of 5.5x, up from the previous P/E ratio of 4.8x. This compares to an average P/E of 19x in the Luxury industry in India. Total return to shareholders over the past three years is a loss of 47%. Annuncio • Feb 05
Mohite Industries Limited to Report Q3, 2021 Results on Feb 13, 2021 Mohite Industries Limited announced that they will report Q3, 2021 results on Feb 13, 2021 Is New 90 Day High Low • Jan 14
New 90-day high: ₹9.10 The company is up 14% from its price of ₹7.95 on 16 October 2020. The Indian market is up 27% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 28% over the same period. Annuncio • Sep 26
Mohite Industries Limited Announces Restarting of Operations Mohite Industries Limited announced that it has resumed /restarted its operations (those were scaled down or suspended since initiation of first lockdown) on 21st September 2020 with minimum required administrative staff members and workers with minimum required infrastructure. However the company is endeavoring to restart the operations in full capacity as before lockdown within a weeks time. Annuncio • Sep 10
Mohite Industries Limited to Report Q1, 2021 Results on Sep 15, 2020 Mohite Industries Limited announced that they will report Q1, 2021 results on Sep 15, 2020 Annuncio • Aug 29
Mohite Industries Limited to Report Q4, 2020 Results on Sep 03, 2020 Mohite Industries Limited announced that they will report Q4, 2020 results on Sep 03, 2020 
