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Modern Steels share price

Modern Steels Ltd.

BSE: 513303 SECTOR: Steel & Iron Products  12k   10   1

20.51
+0.11 (0.54%)
BSE: 06 Nov 04:01 PM

Price Summary

Today's High

₹ 21.2

Today's Low

₹ 20.03

52 Week High

₹ 37.37

52 Week Low

₹ 15.51

FinStar is Suspended!

FinStar can not be assigned to this company due to its dicey outlook and insufficient data. We will update the FinStar for this company as soon as the data is updated from its end.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

28.23 Cr.

Enterprise Value

27.45 Cr.

No. of Shares

1.38 Cr.

P/E

31.71

P/B

2.22

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  9.25

CASH

0.98 Cr.

DEBT

0.2 Cr.

Promoter Holding

65.53 %

EPS (TTM)

₹  0.65

Sales Growth

0%

ROE

4.62 %

ROCE

4.17%

Profit Growth

-95.83 %

* 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

Track the companies of Group.

Ratios

Sales Growth

1 YearNA
3 Year-100%
5 Year-100%

Profit Growth

1 Year-95.83%
3 Year-75.38%
5 Year15.13%

ROE%

1 Year4.62%
3 Year89.12%
5 Year53.47%

ROCE %

1 Year4.17%
3 Year48%
5 Year-3.06%

Debt/Equity

0.0153

Price to Cash Flow

60.62

Interest Cover Ratio

824.1429

CFO/PAT (5 Yr. Avg.)

7.05290647790648

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 65.53 0.00
Jun 2024 65.53 0.00
Mar 2024 65.53 0.00
Dec 2023 65.53 0.00
Sep 2023 65.53 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has significantly decreased its debt by 1.07 Cr.
  • Company is virtually debt free.
  • The company has an efficient Cash Conversion Cycle of 0 days.
  • Company has a healthy liquidity position with current ratio of 26.6866.
  • The company has a good cash flow management; CFO/PAT stands at 7.05290647790648.
  • The company has a high promoter holding of 65.53%.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 7.03190100999257.

 Limitations

  • The company has shown a poor revenue growth of -100% for the Past 3 years.
  • The company has a low EBITDA margin of -9.39233934139899% over the past 5 years.
  • The company is trading at a high PE of 31.71.
  • The company is trading at a high EV/EBITDA of 30.8428.

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024
Net Sales 0 0 0 0 0
Total Expenditure 0.53 0.25 0.26 0.26 0.25
Operating Profit -0.53 -0.25 -0.26 -0.26 -0.25
Other Income 0.18 0.25 0.21 1.23 0.22
Interest 0 0 0 0 0
Depreciation 0 0 0 0 0
Exceptional Items 0 0 0 0 0
Profit Before Tax -0.35 0 -0.05 0.97 -0.03
Tax 0 0 0 0 0
Profit After Tax -0.35 0 -0.05 0.97 -0.03
Adjusted EPS (Rs) -0.24 0 -0.03 0.67 -0.02

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

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 211.46 83.53 102.04 0 0
Total Expenditure 257.37 104.41 102.3 0.55 1.29
Operating Profit -45.91 -20.88 -0.26 -0.55 -1.29
Other Income 0.38 3.71 80.84 19.68 1.87
Interest 0.39 0.46 0.86 0.24 0
Depreciation 4.86 4.87 3.59 0 0
Exceptional Items 1.39 0 0 -5.06 0
Profit Before Tax -49.39 -22.5 76.13 13.83 0.58
Tax 0 0 0 0 0
Net Profit -49.39 38.63 77.5 13.83 0.58
Adjusted EPS (Rs.) -35.89 -16.35 55.32 10.05 0.42

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 14.4 14.4 14.4 14.4 14.4
Total Reserves -132.01 -92.91 -15.41 -1.58 -1.01
Borrowings 0 0 0 0 0
Other N/C liabilities 2.34 2.19 0 0 0
Current liabilities 227.95 171.38 7.39 1.46 0.52
Total Liabilities 112.68 95.06 6.37 14.28 13.91
Assets
Net Block 54.57 49.99 0.06 0.06 0.06
Capital WIP 0.28 0.67 0 0 0
Intangible WIP 0 0 0 0 0
Investments 0.03 0.03 0.03 0.03 0.03
Loans & Advances 5.32 5.3 0 0 0
Other N/C Assets 0 0 0 0 0
Current Assets 52.48 39.07 6.29 14.19 13.83
Total Assets 112.68 95.06 6.37 14.28 13.91
* 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 -50.78 -22.62 77.5 13.83 0.58
Adjustment 6.3 66.8 4.3 0.24 0
Changes in Assets & Liabilities 45.66 88 -87.86 -13.73 -0.11
Tax Paid 0.11 0.55 2.75 0 0
Operating Cash Flow 1.29 132.73 -3.31 0.34 0.47
Investing Cash Flow 0.06 -0.42 52.47 0 0
Financing Cash Flow -2.26 -132.37 -48.87 -0.24 0
Net Cash Flow -0.91 -0.06 0.29 0.1 0.46

Corporate Actions

Investors Details

PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
promoters 65.53 65.53 65.53 65.53 65.53
aditya goyal 5.78 5.78 5.78 5.78 5.78
alka goyal 10.82 10.82 10.82 10.82 10.82
amarjit goyal huf - - - - 2.69
chandigarh finance pvt lt... 2.77 2.77 2.77 2.77 2.77
indo pacific finlease ltd... 4.94 4.94 4.94 4.94 4.94
krishan kumar goyal 26.78 26.78 26.78 26.78 26.78
krishan kumar goyal (huf)... 3.97 3.97 3.97 3.97 3.97
nabha commerce private li... 6.09 6.09 6.09 6.09 6.09
times finvest and commerc... - - - 1.71 1.71
amarjit goyal (huf) 2.69 2.69 2.69 2.69 -
times finvest commerce li... 1.71 1.71 1.71 - -
PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
investors 34.47 34.47 34.47 34.47 34.47
ajay goyal 3.74 3.74 3.74 3.74 3.74
laven kumar goyal 1.42 1.42 1.42 1.42 1.42
veenu garg 2.66 2.66 2.66 2.66 2.66
vijay garg 1.39 1.39 1.39 1.39 1.39
jayaseelan singaravelu 2.43 1.54 - - -

Annual Reports

Ratings & Research Reports

Company Presentations

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Company News

Modern Steels informs about closure of trading window28 Sep 2024, 3:43PM Modern Steels informs about clarification on price movement 19 Sep 2024, 3:05PM Modern Steels - Quaterly Results10 Aug 2024, 4:33PM Modern Steels - Quaterly Results10 Aug 2024, 4:33PM Modern Steels - Quaterly Results10 Aug 2024, 4:33PM Modern Steels informs about newspaper publication 20 May 2024, 12:51PM Modern Steels - Quaterly Results18 May 2024, 4:11PM Modern Steels - Quaterly Results18 May 2024, 4:11PM Modern Steels - Quaterly Results18 May 2024, 4:11PM Modern Steels - Quaterly Results9 Feb 2024, 4:26PM Modern Steels - Quaterly Results9 Feb 2024, 4:26PM Modern Steels - Quaterly Results9 Feb 2024, 4:26PM Modern Steels informs about certificate7 Oct 2023, 3:06PM Modern Steels submits audited financial results 31 May 2023, 4:01PM Modern Steels - Quaterly Results12 May 2023, 4:28PM Modern Steels - Quaterly Results12 May 2023, 4:28PM Modern Steels - Quaterly Results12 May 2023, 4:28PM Modern Steels informs about closure of trading window3 Apr 2023, 12:22PM Modern Steels - Quaterly Results14 Feb 2023, 1:31PM Modern Steels informs about press release 18 Nov 2022, 3:05PM Modern Steels informs about RPT disclosure18 Nov 2022, 3:02PM Modern Steels informs about certificate7 Oct 2022, 4:08PM Modern Steels - Quaterly Results30 Sep 2022, 4:23PM Modern Steels - Quaterly Results30 Sep 2022, 4:23PM Modern Steels - Quaterly Results30 Sep 2022, 4:23PM Modern Steels informs about annual general meeting 8 Sep 2022, 3:22PM Modern Steels - Quaterly Results29 Aug 2022, 12:00PM Modern Steels - Quaterly Results29 Aug 2022, 12:00PM Modern Steels - Quaterly Results29 Aug 2022, 12:00PM Modern Steels informs about compliance certificate2 Apr 2022, 4:17PM Modern Steels informs about compliance certificate2 Apr 2022, 3:36PM Modern Steels - Quaterly Results23 Mar 2022, 2:44PM Modern Steels - Quaterly Results23 Mar 2022, 2:44PM Modern Steels - Quaterly Results23 Mar 2022, 2:44PM Modern Steels informs about board meeting5 Feb 2022, 3:35PM Modern Steels informs about resignation of CS cum CO22 Jan 2022, 3:06PM Modern Steels completes sale of Business Undertaking to Arjas Steel6 Jan 2022, 2:43PM Modern Steels - Quaterly Results30 Dec 2021, 4:49PM Modern Steels - Quaterly Results30 Dec 2021, 4:49PM Modern Steels - Quaterly Results30 Dec 2021, 4:49PM Modern Steels - Quaterly Results7 Dec 2021, 6:00PM Modern Steels - Quaterly Results7 Dec 2021, 6:00PM Modern Steels informs about board meeting updates30 Nov 2021, 4:50PM Modern Steels informs about certificate1 Oct 2021, 4:40PM Modern Steels informs about outcome of board meeting12 May 2021, 4:02PM Modern Steels informs about outcome of board meeting11 May 2021, 4:44PM Modern Steels informs about closure of trading window26 Mar 2021, 4:44PM Modern Steels informs about outcome of board meeting26 Nov 2020, 10:31AM Modern Steels informs about additional agenda for board meeting6 Nov 2020, 3:47PM Modern Steels - Quaterly Results14 Oct 2020, 6:29PM

Modern Steels Stock Price Analysis and Quick Research Report. Is Modern Steels 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. 

Modern Steels stock price today is Rs 20.51. Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Modern Steels . 

  • 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). Modern Steels has a PE ratio of 31.7148600587599 which is high and comparatively overvalued .

  • Share Price: - The current share price of Modern Steels is Rs 20.51. One can use valuation calculators of ticker to know if Modern Steels 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 Steels has ROA of 4.0875 % 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 Steels has a Current ratio of 26.6866 .

  • 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 Steels has a ROE of 4.6215 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Modern Steels has a Debt to Equity ratio of 0.0153 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Modern Steels has reported revenue growth of 0 % 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 Steels for the current financial year is 0 %.

  • 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 Steels 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 Modern Steels is Rs 0.6467 . The higher the EPS, the better it is for investors. 

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

Last Updated on:
Brief about Modern Steels
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