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Mohit Industries (BOM:531453) Market Cap : ₹597 Mil (As of Dec. 13, 2024)


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What is Mohit Industries Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Mohit Industries's share price for the quarter that ended in Sep. 2024 was ₹28.96. Mohit Industries's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 14 Mil. Therefore, Mohit Industries's market cap for the quarter that ended in Sep. 2024 was ₹410 Mil.

Mohit Industries's quarterly market cap increased from Mar. 2024 (₹268 Mil) to Jun. 2024 (₹410 Mil) but then declined from Jun. 2024 (₹410 Mil) to Sep. 2024 (₹410 Mil).

Mohit Industries's annual market cap declined from Mar. 2022 (₹279 Mil) to Mar. 2023 (₹162 Mil) but then increased from Mar. 2023 (₹162 Mil) to Mar. 2024 (₹268 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Mohit Industries's Enterprise Value for Today is ₹1,203 Mil.


Mohit Industries Market Cap Historical Data

The historical data trend for Mohit Industries's Market Cap 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 Market Cap Chart

Mohit Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.32 129.26 278.90 162.25 267.86

Mohit Industries Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Market Cap 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 280.60 246.34 267.86 410.29 410.00

Competitive Comparison of Mohit Industries's Market Cap

For the Textile Manufacturing subindustry, Mohit Industries's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Mohit Industries's Market Cap distribution charts can be found below:

* The bar in red indicates where Mohit Industries's Market Cap falls into.



Mohit Industries Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Mohit Industries's Market Cap for the fiscal year that ended in Mar. 2024 is calculated as

Market Cap (A: Mar. 2024 )=Share Price (A: Mar. 2024 )*Shares Outstanding (EOP) (A: Mar. 2024 )
=₹18.92*14.1576
=₹268

Mohit Industries's Market Cap for the quarter that ended in Sep. 2024 is calculated as

Market Cap (Q: Sep. 2024 )=Share Price (Q: Sep. 2024 )*Shares Outstanding (EOP) (Q: Sep. 2024 )
=₹28.96*14.1576
=₹410

* 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.


Mohit Industries  (BOM:531453) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Mohit Industries Market Cap 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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