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Modi Rubber share price

Modi Rubber Ltd.

NSE: MODIRUBBER BSE: 500890 SECTOR: Miscellaneous  18k   28   2

130.65
0 0
BSE: 22 Nov 04:00 PM

Price Summary

Today's High

₹ 130.65

Today's Low

₹ 127

52 Week High

₹ 156.75

52 Week Low

₹ 80.46

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.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

327.15 Cr.

Enterprise Value

327.5 Cr.

No. of Shares

2.5 Cr.

P/E

31.9

P/B

1.22

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  107.23

CASH

2.15 Cr.

DEBT

2.5 Cr.

Promoter Holding

62.69 %

EPS (TTM)

₹  4.1

Sales Growth

1.1%

ROE

13.07 %

ROCE

18.05%

Profit Growth

258.52 %

* 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

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

 Group Companies

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Ratios

Sales Growth

1 Year1.1%
3 Year-3.04%
5 Year-12.12%

Profit Growth

1 Year258.52%
3 Year54.74%
5 Year44%

ROE%

1 Year13.07%
3 Year6.56%
5 Year5.48%

ROCE %

1 Year18.05%
3 Year9.24%
5 Year7.48%

Debt/Equity

0.0107

Price to Cash Flow

-11.04

Interest Cover Ratio

20.9349

CFO/PAT (5 Yr. Avg.)

0

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 62.69 0.00
Jun 2024 62.69 0.00
Mar 2024 62.69 0.00
Dec 2023 59.50 0.00
Sep 2023 59.50 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 54.7393684824097% for the Past 3 years.
  • Company is virtually debt free.
  • Company’s PEG ratio is 0.123388354703595.
  • Company has a healthy liquidity position with current ratio of 3.2899.
  • The company has a high promoter holding of 62.69%.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 73.2973294074954.

 Limitations

  • The company has shown a poor revenue growth of -3.03524031509513% for the Past 3 years.
  • Company has a poor ROE of 6.56267487845825% over the past 3 years.
  • Company has high debtor days of 239.9679.
  • Company has negative cash flow from operations of -29.6355.
  • The company has a low EBITDA margin of -632.128708050236% over the past 5 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Net Sales 0.63 0.71 0.77 0.71 0.8
Total Expenditure 5.31 5.3 7.97 5.57 6.64
Operating Profit -4.67 -4.59 -7.21 -4.85 -5.84
Other Income 30.46 3.5 16.57 3.34 23.07
Interest 0.11 0.17 1.51 0.17 0.17
Depreciation 0.65 0.79 0.79 0.68 0.71
Exceptional Items 0 0 0 0 0
Profit Before Tax 25.03 -2.06 7.07 -2.36 16.36
Tax 2.1 1.66 3.55 0.71 2.82
Profit After Tax 22.93 -3.72 3.51 -3.07 13.53
Adjusted EPS (Rs) 9.16 -1.49 1.4 -1.23 5.4

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

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 5.13 3.01 2.16 2.72 2.75
Total Expenditure 19.79 16.2 23.12 21.51 23.96
Operating Profit -14.65 -13.19 -20.97 -18.8 -21.22
Other Income 26.69 31.21 31.36 32.65 63.8
Interest 0.57 0.62 0.59 0.47 1.91
Depreciation 2.97 2.68 2.6 2.12 2.7
Exceptional Items 0 -7.49 0 0 0
Profit Before Tax 8.49 7.23 7.2 11.26 37.98
Tax 2.85 -0.47 1.97 3.3 9.42
Net Profit 5.65 7.71 5.23 7.97 28.56
Adjusted EPS (Rs.) 2.25 3.08 2.09 3.18 11.41

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 25.04 25.04 25.04 25.04 25.04
Total Reserves 143.14 162.23 324.26 325.64 354.6
Borrowings 2.92 2.62 2.5 2.5 2.5
Other N/C liabilities -0.14 -0.92 42.26 41.47 41.63
Current liabilities 28.08 21.82 26.59 26.09 23.35
Total Liabilities 199.03 210.79 420.65 420.73 447.12
Assets
Net Block 29.47 27.01 215.55 213.74 217.68
Capital WIP 0 0.25 1.67 10.26 9.52
Intangible WIP 0 0 0 0 0
Investments 70.48 75.45 83.02 81.09 104.67
Loans & Advances 7.94 6.32 3.25 3.2 3.09
Other N/C Assets 42.95 13.64 45.39 45.9 35.35
Current Assets 48.19 88.12 71.77 66.54 76.81
Total Assets 199.03 210.79 420.65 420.73 447.12
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 8.49 7.23 7.2 11.26 37.98
Adjustment -21.71 -3.39 -22.19 -28.35 -58.32
Changes in Assets & Liabilities 2.78 -11.11 -5.42 3.22 -2.07
Tax Paid -0.84 3.13 -1.02 -3.09 -7.23
Operating Cash Flow -11.27 -4.14 -21.44 -16.96 -29.64
Investing Cash Flow 9.27 -0.14 23.33 18.01 29.66
Financing Cash Flow -0.29 -0.82 -0.68 -0.3 -0.78
Net Cash Flow -2.29 -5.1 1.22 0.75 -0.75

Corporate Actions

Investors Details

PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
promoters 59.50 59.50 62.69 62.69 62.69
a la mode garments privat... 0.10 0.10 0.10 0.10 0.10
indofil organic industrie... 0.86 0.86 0.86 0.86 0.86
leaf investment private l... - - 0.20 0.20 0.20
m/s modi industries ltd - - 3.19 3.19 3.19
mod fashions and securiti... - - 47.96 47.96 47.96
uniglobe mod travels priv... - - 0.18 0.18 0.18
witta international inc 10.20 10.20 10.20 10.20 10.20
leaf investment pvt ltd 0.20 0.20 - - -
mod fashions and securiti... 47.96 47.96 - - -
uniglobe mod travels pvt ... 0.18 0.18 - - -
PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
investors 40.50 40.50 37.31 37.31 37.31
jp morgan securities asia... 2.00 2.00 2.00 2.00 2.00
kinborough limited 22.92 22.92 22.92 22.92 22.92
merlin resources private ... 1.98 1.98 1.98 1.98 1.98
modi rubber ltd unclaimed... 3.19 3.19 - - -

Ratings & Research Reports

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Company Presentations

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

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Modi Rubber stock price today is Rs 127.08. Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Modi Rubber . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Modi Rubber has a PE ratio of 31.0269056106255 which is high and comparatively overvalued .

  • Share Price: - The current share price of Modi Rubber is Rs 127.08. One can use valuation calculators of ticker to know if Modi Rubber 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. Modi Rubber has ROA of 6.5821 % 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. Modi Rubber has a Current ratio of 3.2899 .

  • 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. Modi Rubber has a ROE of 13.0718 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Modi Rubber has a Debt to Equity ratio of 0.0107 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Modi Rubber has reported revenue growth of 1.101 % 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 Modi Rubber for the current financial year is -772.677277197072 %.

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

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Modi Rubber is Rs 4.0958 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Modi Rubber in Ticker for free. Also, one can get the intrinsic value of Modi Rubber by using Valuation Calculators, which are available with a Finology ONE subscription. 

Last Updated on:
Brief about Modi Rubber
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