Ticker >

ModernThreads share price

Modern Threads (India) Ltd.

NSE: MODTHREAD BSE: 500282 SECTOR: Textile - Spinning  4682   10   0

57.50
-1.26 (-2.14%)
BSE: 06 Nov 04:01 PM

Price Summary

Today's High

₹ 61.69

Today's Low

₹ 57.5

52 Week High

₹ 76.3

52 Week Low

₹ 19.99

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
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

199.96 Cr.

Enterprise Value

190.64 Cr.

No. of Shares

3.48 Cr.

P/E

10.99

P/B

1.55

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  37.19

CASH

9.31 Cr.

DEBT

0 Cr.

Promoter Holding

65.1 %

EPS (TTM)

₹  5.23

Sales Growth

-0.21%

ROE

21.88 %

ROCE

25.24%

Profit Growth

-88.12 %

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

Your Added Ratios

Please login to Add & View your own added ratios.

Login

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-0.21%
3 Year26.87%
5 Year5.66%

Profit Growth

1 Year-88.12%
3 Year145.43%
5 Year18.76%

ROE%

1 Year21.88%
3 Year7.29%
5 Year4.38%

ROCE %

1 Year25.24%
3 Year93.32%
5 Year66.45%

Debt/Equity

0

Price to Cash Flow

8.19

Interest Cover Ratio

8.6074

CFO/PAT (5 Yr. Avg.)

0.172959101540676

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 65.10 0.00
Jun 2024 65.10 0.00
Mar 2024 65.10 0.00
Dec 2023 65.10 0.00
Sep 2023 65.10 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good revenue growth of 26.8745562606977% for the Past 3 years.
  • Company has been maintaining healthy ROCE of 93.3233722214738% over the past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 8.6074.
  • The company has an efficient Cash Conversion Cycle of 57.0255 days.
  • Company has a healthy liquidity position with current ratio of 2.1059.
  • The company has a high promoter holding of 65.1%.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 158.448702756369.

 Limitations

  • Company has a poor ROE of 7.29286666666667% over the past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024
Net Sales 73.26 77.72 74.94 74.57 58.05
Total Expenditure 64.75 70.38 66.87 68.95 56.36
Operating Profit 8.51 7.34 8.08 5.62 1.69
Other Income 0.59 0.61 0.88 1.5 0.88
Interest 0.71 0.8 0.79 0.76 0.69
Depreciation 0.96 1.01 1.07 1.11 1.08
Exceptional Items 0 0 0 0 0
Profit Before Tax 7.43 6.14 7.1 5.26 0.81
Tax 0 0 0 0.5 0.62
Profit After Tax 7.43 6.14 7.1 4.76 0.19
Adjusted EPS (Rs) 2.14 1.77 2.04 1.37 0.05

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

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 200.59 147.13 222.63 301.11 300.49
Total Expenditure 197.67 143.75 211.22 272.49 270.59
Operating Profit 2.92 3.38 11.41 28.63 29.9
Other Income 24.07 2.54 2.06 4.2 3.59
Interest 0.71 2.13 3.23 3.97 3.41
Depreciation 3.02 2.77 3 3.49 4.14
Exceptional Items 2.1 0.7 0.7 188.75 0
Profit Before Tax 25.36 1.72 7.95 214.12 25.93
Tax 0 0 0.01 0 0.5
Net Profit 25.36 1.72 7.94 214.12 25.43
Adjusted EPS (Rs.) 7.29 0.49 2.28 61.57 7.31

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 34.78 34.78 34.78 34.78 34.78
Total Reserves -155.97 -153.91 -145.7 68.58 94.37
Borrowings 188.75 188.75 188.75 0 0
Other N/C liabilities 3.34 3.3 3.7 3.58 3.79
Current liabilities 55.55 49.57 56.79 70.12 68.96
Total Liabilities 126.44 122.47 138.31 177.06 201.88
Assets
Net Block 40.4 39.3 40.68 44.16 48.68
Capital WIP 0 0 0 0.54 2.2
Intangible WIP 0 0 0 0 0
Investments 0.01 0.01 0.01 0.01 0.01
Loans & Advances 3.47 3.09 2.91 3.26 3.52
Other N/C Assets 2.3 2.21 2.18 2.47 2.26
Current Assets 80.26 77.86 92.53 126.62 145.22
Total Assets 126.44 122.47 138.31 177.06 201.88
* 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 23.26 1.02 7.25 214.12 25.93
Adjustment 2.74 4.5 5.3 -182.07 6.15
Changes in Assets & Liabilities -22.77 3.67 -17.8 -16.25 -7.67
Tax Paid -0.09 0.11 0.09 0.01 -0.01
Operating Cash Flow 3.15 9.29 -5.17 15.81 24.41
Investing Cash Flow -2.17 -1.58 -4.21 -9.48 -21.92
Financing Cash Flow -0.59 -1.76 -2.79 -4.04 -3.06
Net Cash Flow 0.39 5.95 -12.16 2.29 -0.57

Corporate Actions

Investors Details

PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
promoters 65.10 65.10 65.10 65.10 65.10
arihant beneficiary trust... 20.13 20.13 20.13 20.13 20.13
generotrade exim llp 44.97 44.97 44.97 44.97 44.97
PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
investors 34.90 34.90 34.90 34.90 34.90
administrator of the spec... 6.24 6.24 5.79 5.46 5.40
amrex marketing pvt ltd 2.95 2.95 2.44 2.04 2.04
gujarat state financial c... 1.08 1.08 1.08 1.08 1.08
unit trust of india 2.32 2.32 2.32 2.32 2.32
t a i b a/c t s m l 1.20 - - - -

Annual Reports

Ratings & Research Reports

No Credit and Research reports exist for this company.Report us

Company Presentations

Currently we do not have any Presentation and Concall related to this company.Report us

Company News

Modern Threads (India) informs about resignation of CS cum CO5 Nov 2024, 2:46PM Modern Threads (India) informs about press release16 Aug 2024, 2:38PM ModernThreads - Quaterly Results14 Aug 2024, 5:28PM Modern Threads (India) informs about board meeting 6 Aug 2024, 3:03PM Modern Threads (India) informs about confirmation certificate8 Jul 2024, 1:15PM ModernThreads - Quaterly Results12 Feb 2024, 4:07PM ModernThreads - Quaterly Results12 Feb 2024, 4:07PM ModernThreads - Quaterly Results12 Feb 2024, 4:07PM Modern Threads (India) informs about board meeting 2 Feb 2024, 2:22PM Modern Threads (India) informs about confirmation certificate13 Jul 2023, 12:13PM Modern Threads (India) informs about disclosure of related party transactions 9 Jun 2023, 4:20PM Modern Threads (India) informs about non-applicability of large corporate entity 19 Apr 2023, 4:25PM ModernThreads - Quaterly Results10 Feb 2023, 3:18PM ModernThreads - Quaterly Results10 Feb 2023, 3:18PM ModernThreads - Quaterly Results10 Feb 2023, 3:18PM Modern Threads (India) informs about unaudited financial results 23 Nov 2022, 5:07PM Modern Threads (India) informs about outcome of board meeting 23 Nov 2022, 5:00PM ModernThreads - Quaterly Results23 Nov 2022, 3:49PM ModernThreads - Quaterly Results23 Nov 2022, 3:49PM ModernThreads - Quaterly Results23 Nov 2022, 3:49PM ModernThreads - Quaterly Results14 Sep 2022, 4:54PM ModernThreads - Quaterly Results14 Sep 2022, 4:54PM ModernThreads - Quaterly Results14 Sep 2022, 4:54PM Modern Threads (India) informs about disclosure 20 Nov 2021, 11:01AM Modern Threads (India) informs about disclosure of related party transactions5 Aug 2021, 4:34PM Modern Threads (India) informs about board meeting5 Aug 2021, 4:28PM Modern Threads (India) informs about shifting of registered office 3 Mar 2021, 4:15PM Modern Threads (India) informs about AGM5 Dec 2020, 3:15PM

ModernThreads Stock Price Analysis and Quick Research Report. Is ModernThreads 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. 

ModernThreads stock price today is Rs 60. Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse ModernThreads . 

  • 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). ModernThreads has a PE ratio of 11.4718366410462 which is low and comparatively undervalued .

  • Share Price: - The current share price of ModernThreads is Rs 60. One can use valuation calculators of ticker to know if ModernThreads 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. ModernThreads has ROA of 13.4233 % 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. ModernThreads has a Current ratio of 2.1059 .

  • 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. ModernThreads has a ROE of 21.8786 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. ModernThreads has a Debt to Equity ratio of 0 which means that the company has low proportion of debt in its capital.

  • Sales growth: - ModernThreads has reported revenue growth of -0.2065 % 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 ModernThreads for the current financial year is 9.94893680463669 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for ModernThreads 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 ModernThreads is Rs 5.2302 . The higher the EPS, the better it is for investors. 

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

Last Updated on:
Brief about ModernThreads
X