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Modern Insulators share price

Modern Insulators Ltd.

NSE: MODINSULAT BSE: 515008 SECTOR: Electronics - Components  20k   76   4

128.30
+1.41 (1.11%)
BSE: 25 Apr 04:01 PM

Price Summary

Today's High

₹ 135.45

Today's Low

₹ 121.01

52 Week High

₹ 130.59

52 Week Low

₹ 42.12

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsAverage
The company could improve upon its asset employment.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

604.86 Cr.

Enterprise Value

608.31 Cr.

No. of Shares

4.71 Cr.

P/E

18.43

P/B

1.47

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  87.12

CASH

4.57 Cr.

DEBT

8.02 Cr.

Promoter Holding

60.2 %

EPS (TTM)

₹  6.96

Sales Growth

-1.21%

ROE

7.52 %

ROCE

7.68%

Profit Growth

29.2 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year-1.21%
3 Year-0.45%
5 Year1.34%

Profit Growth

1 Year29.2%
3 Year7.71%
5 Year11.21%

ROE%

1 Year7.52%
3 Year8.25%
5 Year8.37%

ROCE %

1 Year7.68%
3 Year8.75%
5 Year8.8%

Debt/Equity

0.0205

Price to Cash Flow

25.78

Interest Cover Ratio

7.26987261299877

CFO/PAT (5 Yr. Avg.)

1.10498920330157

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 60.2 0
Dec 2023 60.2 0
Sep 2023 60.2 0
Jun 2023 60.2 0
Mar 2023 60.2 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has significantly decreased its debt by 17.8604 Cr.
  • Company is virtually debt free.
  • Company’s PEG ratio is 0.631074116399785.
  • Company has a healthy liquidity position with current ratio of 4.00364904765271.
  • The company has a good cash flow management; CFO/PAT stands at 1.10498920330157.
  • The company has a high promoter holding of 60.2%.

 Limitations

  • The company has shown a poor profit growth of 7.70949095869773% for the Past 3 years.
  • The company has shown a poor revenue growth of -0.453735910592035% for the Past 3 years.
  • Tax rate is low at -8.671155168242.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 106.99 122.76 89.75 106.19 107.14
Total Expenditure 97.18 112.54 85.48 100.75 96.57
Operating Profit 9.81 10.22 4.27 5.44 10.57
Other Income 3.54 4.65 2.68 3.1 2.69
Interest 0.91 1.22 1.32 0.61 0.76
Depreciation 2.16 2.22 2.14 2.15 2.11
Exceptional Items 0 0 0 0 0
Profit Before Tax 10.28 11.43 3.49 5.77 10.39
Tax 0.27 -1.12 -0.47 -0.39 0.24
Profit After Tax 10.01 12.56 3.96 6.16 10.15
Adjusted EPS (Rs) 2.12 2.66 0.84 1.31 2.15

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 439.98 436.88 390.29 436.22 430.96
Total Expenditure 405.42 401.38 350.17 413.71 407.43
Operating Profit 34.56 35.49 40.12 22.51 23.53
Other Income 10.06 6.66 15.6 11.96 15.34
Interest 11.05 12.92 9.29 5.2 4.15
Depreciation 10.06 10.34 10.63 8.73 8.68
Exceptional Items 0 0 0 0 0
Profit Before Tax 23.51 18.89 35.8 20.54 26.04
Tax -2.02 -3.75 0.37 -1.36 -2.26
Net Profit 25.52 22.64 35.43 21.9 28.29
Adjusted EPS (Rs.) 5.41 4.8 7.52 4.65 6

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 47.14 47.14 47.14 47.14 47.14
Total Reserves 235.99 258.32 292.91 314.84 343.3
Borrowings 0.9 0.84 0.6 0.46 0.25
Other N/C liabilities 50.73 48.61 50.48 49.98 47.6
Current liabilities 146.03 174.9 100.23 94.41 66.48
Total Liabilities 480.8 529.81 491.37 506.83 504.78
Assets
Net Block 190.12 191.84 181.8 174.78 168.28
Capital WIP 0 0 0 0 0.09
Intangible WIP 0 0 0 0 0
Investments 0.29 0.1 0.1 0.1 0.1
Loans & Advances 56.51 56.51 58.16 65.78 69.86
Other N/C Assets 1.54 4.58 0.4 0.42 0.27
Current Assets 232.33 276.79 250.9 265.75 266.18
Total Assets 480.8 529.81 491.37 506.83 504.78
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 23.51 18.89 35.8 20.54 26.04
Adjustment 21.34 27.1 10.31 11.84 13.43
Changes in Assets & Liabilities -14.29 -11.75 3.79 -22.71 -16
Tax Paid 0 0 0 0 0
Operating Cash Flow 30.56 34.24 49.9 9.67 23.47
Investing Cash Flow -14.77 -42.85 37.26 -3.94 -4.42
Financing Cash Flow -1.75 -5.16 -86.55 -2.98 -22.01
Net Cash Flow 14.05 -13.77 0.61 2.75 -2.97

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 60.20 60.20 60.20 60.20 60.20
jay beneficiary trust (th... - - 13.85 13.85 13.85
kakunda investment pvt lt... 0.02 0.02 0.02 0.02 0.02
pride mercantiles pvt ltd... 11.33 11.33 11.33 11.33 11.33
vijay beneficiary trust (... - - 34.99 34.99 34.99
jay beneficiary trust(thr... - 13.85 - - -
vijay benefiaciary trust(... - 34.99 - - -
jay beneficiary trust (th... 13.85 - - - -
vijay beneficiary trust (... 34.99 - - - -
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 39.80 39.80 39.80 39.80 39.80
mahendra girdharilal wadh... - - 1.04 1.04 1.04
the new india assuance co... - 1.07 1.07 1.07 1.07
mahendra girdharilal - 1.24 - - -
the new india assurance c... 1.07 - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

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Company News

Modern Insulators informs about press release13 Feb 2024, 3:16PM Modern Insulators - Quaterly Results12 Feb 2024, 11:59AM Modern Insulators - Quaterly Results12 Feb 2024, 11:59AM Modern Insulators - Quaterly Results12 Feb 2024, 11:59AM Modern Insulators informs about trading window closure30 Dec 2023, 3:09PM Modern Insulators - Quaterly Results8 Nov 2023, 1:04PM Modern Insulators informs about book closure of AGM 6 Sep 2023, 5:23PM Modern Insulators incorporates wholly-owned subsidiary 29 Aug 2023, 2:42PM Modern Insulators gets nod to incorporate wholly owned subsidiary23 Aug 2023, 9:21AM Modern Insulators - Quaterly Results10 Aug 2023, 5:58PM Modern Insulators - Quaterly Results10 Aug 2023, 5:58PM Modern Insulators informs about trading window closure30 Jun 2023, 3:01PM Modern Insulators gets nod to sell 100% stake in wholly owned subsidiary20 Jun 2023, 3:58PM Modern Insulators informs about loss of share certificate15 Mar 2023, 3:06PM Modern Insulators - Quaterly Results10 Feb 2023, 12:58PM Modern Insulators - Quaterly Results10 Feb 2023, 12:58PM Modern Insulators - Quaterly Results10 Feb 2023, 12:58PM Modern Insulators informs about demise of director26 Dec 2022, 12:54PM Modern Insulators informs about issuance of duplicate share certificate7 Oct 2022, 9:58AM Modern Insulators informs about appointment of statutory auditors3 Oct 2022, 4:19PM Modern Insulators - Quaterly Results9 Aug 2022, 12:28PM Modern Insulators - Quaterly Results9 Aug 2022, 12:28PM Modern Insulators - Quaterly Results9 Aug 2022, 12:28PM Modern Insulators informs about board meeting3 Aug 2022, 9:52AM Modern Insulators informs about newspaper publication24 Jun 2022, 1:42PM Modern Insulators informs about updates23 Jun 2022, 11:35AM Modern Insulators informs about disclosure27 Apr 2022, 12:19PM Modern Insulators informs about newspaper publication13 Apr 2022, 3:01PM Modern Insulator informs about confirmation certificate8 Apr 2022, 11:40AM Modern Insulators informs about certificate8 Apr 2022, 11:35AM Modern Insulators - Quaterly Results10 Feb 2022, 11:56AM Modern Insulators - Quaterly Results10 Feb 2022, 11:56AM Modern Insulators - Quaterly Results10 Feb 2022, 11:56AM Modern Insulators informs about closure of trading window27 Dec 2021, 4:36PM Modern Insulators board to approve audited financial results21 Jun 2021, 1:15PM Modern Insulators informs about closure of trading window1 Apr 2021, 12:10PM Modern Insulators informs about purchase of shares20 Feb 2021, 12:49PM Modern Insulators gets nod to form JV with Sikka Engineering Company10 Jul 2020, 4:34PM

Modern Insulators Stock Price Analysis and Quick Research Report. Is Modern Insulators an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Modern Insulators has a PE ratio of 18.428347768633 which is high and comparatively overvalued .

  • Share Price: - The current share price of Modern Insulators is Rs 128.3. One can use valuation calculators of ticker to know if Modern Insulators share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Modern Insulators has ROA of 5.59401156500889 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Modern Insulators has a Current ratio of 4.00364904765271 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Modern Insulators has a ROE of 7.52092005583555 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Modern Insulators has a D/E ratio of 0.0205 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Modern Insulators has an Inventory turnover ratio of 3.5912906811822 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Modern Insulators has reported revenue growth of -1.20636929241803 % which is poor in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Modern Insulators for the current financial year is 5.4591702718331 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Modern Insulators is Rs 0 and the yield is 0 %.

Last Updated on:
Brief about Modern Insulators
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