Mohite Industries Ltd

Mohite Industries Limited announced that its board of directors approved the sale of its Spinning Unit and associated land, subject to shareholder approval via a special resolution. The company also approved shifting its registered office within the same Registrar of Companies jurisdiction, appointed Sachin Bidkar as Scrutiniser for a postal ballot, and selected Central Depository Services India Limited (CDSL) as the e-voting service provider. The cut-off date for determining member eligibility for the postal ballot is October 23, 2026, and the company noted that the transaction does not involve any related parties and is being undertaken outside a scheme of arrangement.

Mohite Industries Limited submitted a certificate to the Bombay Stock Exchange under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended September 30, 2026, as confirmed by MUFG Intime India Private Limited, formerly Link Intime India Private Limited, its Registrar & Share Transfer Agents.

Mohite Industries Limited informed the Bombay Stock Exchange that the trading window for its shares will be closed for designated persons and their immediate relatives from October 1, 2026, until 48 hours after the declaration of the company’s unaudited financial results for the quarter and half year ended September 30, 2026, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

Mohite Industries Limited will hold its 35th Annual General Meeting on Wednesday, 30th September 2026, at its registered office in Vadgaon, Kolhapur, and has declared a book closure from Thursday, 24th September 2026, to Wednesday, 30th September 2026, for the purpose of the meeting, with Central Depository Services (India) Limited (CDSL) providing remote e-voting facility for shareholders holding shares as of Wednesday, 23rd September 2026.

Mohite Industries Limited will hold its 35th Annual General Meeting on Wednesday, 30th September 2026, at its registered office in Vadgaon, Kolhapur, and has declared a book closure from Thursday, 24th September 2026, to Wednesday, 30th September 2026, for the purpose of the meeting, with Central Depository Services (India) Limited (CDSL) providing remote e-voting facility for eligible shareholders as on Wednesday, 23rd September 2026.

Mohite Industries Limited will close its Register of Members and Share Transfer Books from September 24, 2026, to September 30, 2026, for its 35th Annual General Meeting, to be held on September 30, 2026, at its registered office in Vadgaon, Hatkanangale, Kolhapur, and has enabled remote e-voting through Central Depository Services (India) Limited (CDSL) for shareholders holding shares as of September 24, 2026.

Mohite Industries Ltd share price inched up 1.14% to Rs 2.66. The Company's net profit tumbled by 783.33% to Rs 2.46 crore, while revenue from operations plunged by 41.12% to Rs 17.81 crore in Q2FY26 over Q1FY26. The market capitalization of Other Textile Products industry group stocks on BSE stood at Rs 1.65 lakh crore, gaining 2.72%. It has slipped by 1.83% over last one week and climbed by 14.65% in last one month while the market capitalization of Mohite Industries Ltd has eased by 3.62% and 6.83% in the same period respectively. Profit before tax (PBT) of Mohite Industries Ltd stood at Rs 2.46 crore in Q2 FY26, jumping 143.56% year-on-year, and plunging by 256.69% quarter-on-quarter. EBITDA came in at Rs 2 crore, tanking 312.73% YoY and tumbling by 162.40% sequentially. Total expenses slumped by 22.47% to Rs 20.74 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 11.14 crore, registering a fall of 37.38% YoY, while employee benefits expense was at Rs 2.76 crore, tanking by 56.67% YoY. For the TTM ended FY26, revenue from operations soared by 33.40% to Rs 166.75 crore, while net profit jumped 126.81% to Rs 5.33 crore, compared to previous TTM. EBITDA jumped by 1460% to Rs 18.96 crore, and PBT witnessed a strong rise of 119.31% to Rs 5.68 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 32.4 crore in FY26, as against Rs 9.84 crore in FY25. Mohite Industries Ltd ticked higher by 3.50% in last one year, significantly outperforming the benchmark BSE Sensex which has softened by 3.05% during the same period.

Mohite Industries Limited will hold a board meeting on Friday, August 14, 2026, at 3:00 p.m. to consider and record the unaudited financial results for both standalone and consolidated entities for the quarter ended June 30, 2026, according to a regulatory filing with the BSE Limited. The company also stated that the trading window for designated persons will remain closed from July 1, 2026, until 48 hours after the financial results are declared.

Mohite Industries has adjourned the Extra-ordinary General Meeting of the company which was scheduled to be held on 8 June 2026. The meeting will now be held on 15 June 2026.

Net profit of Mohite Industries reported to Rs 0.36 crore in the quarter ended March 2026 as against net loss of Rs 0.48 crore during the previous quarter ended March 2025. Sales declined 13.72% to Rs 30.25 crore in the quarter ended March 2026 as against Rs 35.06 crore during the previous quarter ended March 2025. For the full year,net profit declined 32.08% to Rs 3.62 crore in the year ended March 2026 as against Rs 5.33 crore during the previous year ended March 2025. Sales declined 8.04% to Rs 153.34 crore in the year ended March 2026 as against Rs 166.75 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales30.2535.06 -14 153.34166.75 -8 OPM %17.129.47 -10.9513.53 - PBDT3.241.04 212 10.8412.39 -13 PBT1.57-0.13 LP 4.835.68 -15 NP0.36-0.48 LP 3.625.33 -32 Powered by Capital Market - Live