Integrated Filing — IndAS



General information about company
Scrip Code 531453
NSE Symbol MOHITIND
MSEI Symbol NOTLISTED
ISIN INE954E01012
Name of company Mohit Industries Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 30-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 22-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Textile Business
Start date and time of board meeting 30-May-2025   11:00:00
End date and time of board meeting 30-May-2025   14:55:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Statement on impact of audit qualification
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 2025-05-30
Indicate Company website link for updated RPT policy of the Company https://www.mohitindustries.com/
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
Not Applicable



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 359308000 1123958000
Other income -743000 18448000
Total income 358565000 1142406000
2 Expenses
(a) Cost of materials consumed 284414000 879939000
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -11423000 -736000
(d) Employee benefit expense 21141000 75634000
(e) Finance costs 9908000 34617000
(f) Depreciation, depletion and amortisation expense 2963000 12104000
(f) Other Expenses
1 Other Expenses 57769000 173670000
Total other expenses 57769000 173670000
Total expenses 364772000 1175228000
3 Total profit before exceptional items and tax -6207000 -32822000
4 Exceptional items 0 0
5 Total profit before tax -6207000 -32822000
6 Tax expense
7 Current tax 0 0
8 Deferred tax -1638000 -8213000
9 Total tax expenses -1638000 -8213000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations -4569000 -24609000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period -4569000 -24609000
17 Other comprehensive income net of taxes -99953000 -87185000
18 Total Comprehensive Income for the period -104522000 -111794000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 141576000 141576000
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 196483000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations -0.32 -1.74
Diluted earnings (loss) per share from continuing operations -0.32 -1.74
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations -0.32 -1.74
Diluted earnings (loss) per share from continuing and discontinued operations -0.32 -1.74
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 181984000
Capital work-in-progress 8556000
Investment property 7178000
Goodwill 0
Other intangible assets 7000
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 178584000
Trade receivables, non-current
Loans, non-current 0
Other non-current financial assets 5281000
Total non-current financial assets 183865000
Deferred tax assets (net)
Other non-current assets 61534000
Total non-current assets 443124000
2 Current assets
Inventories 220574000
Current financial asset
Current investments 0
Trade receivables, current 122198000
Cash and cash equivalents 69000
Bank balance other than cash and cash equivalents 9392000
Loans, current 88628000
Other current financial assets 113654000
Total current financial assets 333941000
Current tax assets (net) 0
Other current assets 0
Total current assets 554515000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 997639000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 141576000
Other equity 196483000
Total equity attributable to owners of parent 338059000
Non controlling interest
Total equity 338059000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 42487000
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0
Total Trade payable 0
Other non-current financial liabilities
Total non-current financial liabilities 42487000
Provisions, non-current 0
Deferred tax liabilities (net) 3205000
Deferred government grants, Non-current
Other non-current liabilities
Total non-current liabilities 45692000
Current liabilities
Current financial liabilities
Borrowings, current 574026000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 2373000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 33583000
Total Trade payable 35956000
Other current financial liabilities
Total current financial liabilities 609982000
Other current liabilities 3906000
Provisions, current 0
Current tax liabilities (Net)
Deferred government grants, Current
Total current liabilities 613888000
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 659580000
Total equity and liabilites 997639000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Items that will not be reclassified to profit and loss -99953000 -87185000
Total Amount of items that will not be reclassified to profit and loss -99953000 -87185000
2 Income tax relating to items that will not be reclassified to profit or loss 0 0
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0 0
5 Total Other comprehensive income -99953000 -87185000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax -32822000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 34617000
Adjustments for decrease (increase) in inventories -4682000
Adjustments for decrease (increase) in trade receivables, current 1647000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets -53224000
Adjustments for decrease (increase) in other non-current assets 0
Adjustments for other financial assets, non-current 0
Adjustments for other financial assets, current 0
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 23743000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities -15395000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 12104000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 0
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current 0
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 0
Adjustments for interest income 0
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) 0
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) -264000
Other adjustments for non-cash items 0
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) -1454000
Net cash flows from (used in) operations -34276000
Dividends received 0
Interest paid 0
Interest received -12504000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -944000
Net cash flows from (used in) operating activities -47724000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 0
Purchase of property, plant and equipment 10609000
Proceeds from sales of investment property 0
Purchase of investment property 11464000
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties -811000
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 12504000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 944000
Net cash flows from (used in) investing activities -9436000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 91543000
Repayments of borrowings 0
Payments of lease liabilities 0
Dividends paid 0
Interest paid 34617000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities 56926000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -234000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents -234000
Cash and cash equivalents cash flow statement at beginning of period 304000
Cash and cash equivalents cash flow statement at end of period 70000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Statement on impact of audit qualification
Auditor's opinion Qualified opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 Rajendra Sharma & Associates Yes 30-Jun-2026


Financial details
Sr. Particulars Audited Figures (as reported before adjusting for qualifications) Adjusted Figures (audited figures after adjusting for qualifications)
1 Turnover / Total income 1142406000 0
2 Total Expenditure 1175229000 0
3 Net Profit/(Loss) -24610000 0
4 Earnings Per Share -1.74 0
5 Total Assets 997639000 0
6 Total Liabilities 659581000 0
7 Net Worth 338059000 0


Audit qualification
Sr. Details of Audit Qualification Type of Audit Qualification Frequency of qualification For Audit Qualification(s) where the impact is quantified by the auditor For Audit Qualification(s) where the impact is not quantified by the auditor
Management's Views (i) Management's estimation on the impact of audit qualification (ii) If management is unable to estimate the impact, reasons for the same Auditors' Comments on (i) or (ii) above
1 Textual Information(1) Qualified opinion Since how long continuing Textual Information(2) Textual Information(3) Textual Information(4) Textual Information(5)


Text Block
Textual Information(1) The company has not provided for Post-Employment Benefits and other long term employee benefits under Defined Benefit Plans on accrual basis but provides the same as and when they become due for payment. This method of accounting of Post-Employment Benefits and other long term employee benefits under Defined Benefit Plans is in deviation with Ind AS - 19 on Employee Benefits. As there is no actuarial report or basis of calculation available with the management of such Post-Employment benefits and other long term employee benefits, the quantum of deviation cannot be ascertained. If the company had followed the method of accounting as per Ind AS 19, then employee benefit expense would have increased and correspondingly Profit for the period would have reduced.
Textual Information(2) Not Applicable
Textual Information(3) Not Applicable
Textual Information(4) The Board is of the opinion that the Provision for Post-Employment Benefits and other long term employee benefits are determined on the basis of actuarial Valuation Method & technique prescribed in the Ind-AS. The company has decided to pay the Post-Employment Benefits and other long term employee benefits as and when they become due as the amount is negligible and is not going to make any impact on the financial Position of the company. Considering the size of the company and negligible liability, the company has not made provisions for Post-employment benefits and other long term employee benefits under Defined benefits plan
Textual Information(5) The Company has not provided for Post-Employment Benefits and other long term employee benefits which is required as per Ind AS 19. As the company has not taken any Actuarial valuation report on the same, it is not possible to quantify the effect of the qualification.


Signatories detail
Name of CEO / Managing director Narayan Sitaram Saboo
Name of CFO Narayan Sitaram Saboo
Name of audit committee chairman Samiksha Rajesh Nandwani
Name of statutory auditor Rajendra Ratanlala Sharma
Name of other signatory, if any, with designation
Place Surat
Date 30-May-2025


Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 Mohit Industries Limited Narayan Saboo Director Loan 89750000 NA 89750000 119590000 118627000 Loan 0 NA Unsecured Business
2 Mohit Industries Limited Narayan Saboo Director Loan 90713000 NA 90713000 119590000 118627000 Loan 0 NA Unsecured Business
3 Mohit Industries Limited Naresh Saboo Director Loan 1450000 NA 1450000 51673000 51903000 Loan 0 NA Unsecured Business
4 Mohit Industries Limited Naresh Saboo Director Loan 1220000 NA 1220000 51673000 51903000 Loan 0 NA Unsecured Business
5 Mohit Industries Limited Manish Saboo Director Loan 2455000 NA 2455000 84749000 47610000 Loan 0 NA Unsecured Business
6 Mohit Industries Limited Manish Saboo Director Loan 39594000 NA 39594000 84749000 47610000 Loan 0 NA Unsecured Business
7 Mohit Industries Limited Narayan Saboo HUF Director's HUF Loan NA 0 107000 107000 Loan 0 NA Unsecured Business
8 Mohit Industries Limited Mohit Exim Pvt Ltd Enterprise Controlled by Directors & KMP Any other transaction Reimbursement received for an amount paid on behalf of Company 3000 NA 3000 3000 0
9 Mohit Industries Limited Mohit Yarns Limited Associate Any other transaction Reimbursement received for an amount paid on behalf of Company 2000 NA 2000 0 0
10 Mohit Industries Limited Mohit Filaments Private Limited Subsidiary Any other transaction Capital Contribution 1000000 NA 1000000 1000000 0
11 Mohit Industries Limited Mohit Filaments Private Limited Subsidiary Any other transaction Reimbursement received for an amount paid on behalf of Company 954000 NA 954000 968000 14000
12 Mohit Industries Limited Mohit Overseas Limited Associate Any other transaction Reimbursement received for an amount paid on behalf of Company 1361000 NA 1361000 1361000 0
13 Mohit Industries Limited Mohit Overseas Limited Associate Sale of goods or services 530000 NA 530000 0 0
14 Mohit Industries Limited BIGBLOC CONSTRUCTION LIMITED Enterprise Controlled by Directors & KMP Any other transaction Reimbursement received for an amount paid on behalf of Company 1548000 NA 1548000 0 0
15 Mohit Industries Limited Mask Investments Limited Enterprise Controlled by Directors & KMP Any other transaction Reimbursement received for an amount paid on behalf of Company 4000 NA 4000 4000 0
16 Mohit Industries Limited Climate Detox Renewables Pvt. Ltd. Enterprise Controlled by Directors & KMP & their relatives Any other transaction Commission Received 13924000 NA 13924000 0 0
Total value of transaction during the reporting period 244508000