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Mohit Industries (BOM:531453) Gross-Profit-to-Asset % : 6.22% (As of Dec. 2024)


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What is Mohit Industries Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Mohit Industries's annualized Gross Profit for the quarter that ended in Dec. 2024 was ₹235 Mil. Mohit Industries's average Total Assets over the quarter that ended in Dec. 2024 was ₹3,777 Mil. Therefore, Mohit Industries's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2024 was 6.22%.


Mohit Industries Gross-Profit-to-Asset % Historical Data

The historical data trend for Mohit Industries's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mohit Industries Gross-Profit-to-Asset % Chart

Mohit Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.59 17.88 10.52 6.11 3.70

Mohit Industries Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.08 -14.12 6.53 4.86 6.22

Competitive Comparison of Mohit Industries's Gross-Profit-to-Asset %

For the Textile Manufacturing subindustry, Mohit Industries's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mohit Industries's Gross-Profit-to-Asset % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Mohit Industries's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Mohit Industries's Gross-Profit-to-Asset % falls into.


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Mohit Industries Gross-Profit-to-Asset % Calculation

Mohit Industries's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=105.617/( (2416.809+3298.368)/ 2 )
=105.617/2857.5885
=3.70 %

Mohit Industries's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=234.956/( (3777.289+0)/ 1 )
=234.956/3777.289
=6.22 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Dec. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Mohit Industries Gross-Profit-to-Asset % Related Terms

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Mohit Industries Business Description

Traded in Other Exchanges
Address
Dumas Road, Ring Road, Rajhans Montessa, Office No. 908, 9th Floor, Magdalla, Choryasi, Surat, GJ, IND, 395007
Mohit Industries Ltd is an India-based company engaged in the manufacturing of Yarns and Textile products. The company is engaged in the manufacture of texturized yarn from partially oriented yarn (POY) and the weaving of the yarn to grey cloth. It exports DTY Yarn to South Korea, Thailand, the Czech Republic, Guatemala, Bulgaria, Indonesia, Japan, Vietnam, Malaysia, Mexico, Colombia, UK, Bangladesh, Sweden, Ethiopia, and other countries. The company generates the majority of its revenue from the sale of finished goods.

Mohit Industries Headlines

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