Mohite Industries Profile
Key Indicators
- Authorised Capital ₹ 26.00 Cr
- Paid Up Capital ₹ 20.10 Cr
- Company Age 34 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 123.98 Cr
- Satisfied Charges ₹ 204.29 Cr
- Revenue Growth -47.46%
- Profit Growth -19.65%
- Ebitda 11.48%
- Net Worth 2.93%
- Total Assets 8.09%
About Mohite Industries
Mohite Industries Limited (MIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 31 October 1990 and has a history of 34 years and three months. Its registered office is in Kolhapur, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532140.
The Corporate was formerly known as R M Mohite Industries Limited. The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 26.00 Cr and a paid-up capital of Rs 20.10 Cr.
The company currently has active open charges totaling ₹123.98 Cr. The company has closed loans amounting to ₹204.29 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Mohite Industries Limited India are Parasharam Adav as COMPANY SECRETARY and Priyanka Patil as Cfo.
Company Details
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Location
Kolhapur, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
L40108MH1990PLC058774
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Company No.
058774
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Stock Symbol
BSE : 532140
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
31 Oct 1990
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Listed
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ROC Code
Roc Pune
Industry
Who are the key members and board of directors at Mohite Industries?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shivaji Mohite
|
Managing Director | 14-Sep-2001 | Current |
|
Monika Mohite
|
Managing Director | 27-Jun-2008 | Current |
|
Parasharam Adav
|
Company Secretary | 25-May-2023 | Current |
|
Priyanka Patil
|
CFO | 29-Mar-2019 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Bhushan Deshpande
|
Director | 24-Oct-2020 | Current |
|
Nikhil Nawandhar
|
Director | 24-Oct-2020 | Current |
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Abhay Bhide
|
Whole-Time Director | 01-Oct-2012 | Current |
|
Annasaheb More
|
Director | 24-Oct-2020 | Current |
Financial Performance of Mohite Industries.
Mohite Industries Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 47.46% decrease. The company also saw a substantial fall in profitability, with a 19.65% decrease in profit. The company's net worth moved up by a moderate rise of 2.93%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Mohite Industries?
In 2022, Mohite Industries had a promoter holding of 68.82% and a public holding of 31.17%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Krishnae Infrastructure Gargoti LlpShivaji Mohite and Monika Mohite are mutual person
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R M Mohite Constructions LlpShivaji Mohite and Monika Mohite are mutual person
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Pioneer Mining Project And Development Pvt.Ltd.
Shivaji Mohite is a mutual person
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Chirag Sanditext Private Limited
Shivaji Mohite is a mutual person
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Mohite Minerals And Metals Private Limited
Shivaji Mohite is a mutual person
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Mohitex Knitts Private Limited
Shivaji Mohite is a mutual person
Charges (Loans)
₹123.98 Cr
₹204.29 Cr
Charges Breakdown by Lending Institutions
- Others : 91.12 Cr
- Lic Housing Finance Ltd : 30.00 Cr
- Tata Capital Financial Services Limited : 2.86 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jan 2024 | Others | ₹17.50 Cr | Open |
| 27 Mar 2023 | Others | ₹9.99 Cr | Open |
| 05 Aug 2022 | Others | ₹15.50 Cr | Open |
| 30 Jun 2019 | Tata Capital Financial Services Limited | ₹2.86 Cr | Open |
| 05 Apr 2017 | Others | ₹20.81 Cr | Open |
How Many Employees Work at Mohite Industries?
Mohite Industries has a workforce of 301 employees as of Mar 30, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Mohite Industries, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Mohite Industries's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
