Modern Steels Ltd.

BSE: MDRNSTL · Iron & Steel Products · sector

₹11.50BSE close 2026-10-26

Key numbers

Market cap₹17 cr

Price₹11.50

52w high / low₹18 / ₹10

P/E10.8xSector median 15.5x

P/B0.8xSector median 1.7x

Book value₹13.6

Dividend yield–Sector median 0.60%

ROE7.8%Sector median 11.1%

ROCE7.5%Sector median 11.9%

OPM–Sector median 6.7%

Debt / equity0.01xSector median 0.21x

EV/EBITDA–Sector median 11.8x

Interest cover–

Current ratio9.83x

Sales growth 3y–Sector median +2.1%

Profit growth 3y-57.5%Sector median +13.0%

PEG–

Last 12 months to Sep 2026, Standalone. "Sector median" = middle value of 118 companies in Iron & Steel Products (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹0 cr vs borrowings ₹0 cr (FY26): borrowings are higher by ₹0 cr.
Other income was 165% of net profit in the last 12 months.
No dividend in the last 5 financial years.
Price ₹11.50 on 2026-10-26: -36.1% from the 52-week high, +11.1% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹24.00 · low ₹10.52

Quarterly results

₹ cr	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	0	0	0	0	0	0	0
EBITDA	-0	-0	-0	-0	-0	-0	-0
OPM %	–	–	–	–	–	–	–
Other income	5	0	0	0	1	1	1
Net profit	5	0	0	0	1	0	0
EPS (₹)	3.30	0.16	0.06	0.06	0.48	0.26	0.26
Revenue YoY					–	–	–
Profit YoY					-85.4%	+56.5%	+350.0%

Standalone figures where filed. Latest quarter Sep 2026.

Profit & loss (yearly)

₹ cr	FY22	FY23	FY24	FY25	FY26	TTM
Revenue	102	–	–	0	0	0
EBITDA	2	-6	-1	-1	-1	-1
Net profit	78	14	1	4	1	1
EPS (₹)	56.31	10.05	0.41	3.23	0.77	1.06
Revenue growth		–	–	–	–	–
Profit growth		-82.2%	-95.9%	+678.9%	-76.1%	–
Dividend / share (₹)	–	–	–	–	–

Compounded growth	3 years	5 years	Last 12 months
Sales	–	–	–
Net profit	-57.5%	–	–
EPS	-57.5%	–	–
Share price	–	-22.3% (2y)	-27.6%

Balance sheet

₹ cr	FY25	FY26
Shareholders' equity	18	19
Borrowings	0	0
Cash & equivalents	0	0
Total assets	19	20
Fixed assets	0	0
Capital work in progress	0	0
Investments	0	0
Receivables	0	0
Inventory	0	0
Payables	0	0

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY25	FY26
Cash from operations	4	0
Cash from investing	-5	-0
Cash from financing	0	0
Capex	0	0
Free cash flow	4	0

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY25	FY26
ROE %	24.9%	5.6%
ROCE %	24.6%	5.5%

Peers in Iron & Steel Products

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
WELCORP	₹61,798 cr	26.7x	6.8x	27.8%	19.2%	13.9%	+19.8%	0.21%
APLAPOLLO	₹57,703 cr	46.9x	10.9x	25.9%	30.1%	8.0%	+12.6%	0.28%
SHYAMMETL	₹31,351 cr	28.0x	2.7x	7.8%	14.2%	12.9%	+13.7%	0.36%
RATNAMANI	₹16,345 cr	37.8x	4.0x	11.2%	15.7%	16.7%	+0.1%	0.60%
JINDALSAW	₹14,824 cr	26.9x	1.2x	4.4%	7.2%	9.5%	+0.1%	0.86%
USHAMART	₹14,192 cr	27.9x	4.3x	16.8%	20.1%	19.6%	+4.1%	0.64%
GALLANTT	₹12,989 cr	31.9x	3.7x	12.4%	14.2%	13.8%	+3.1%	0.08%
GPIL	₹11,769 cr	14.6x	2.0x	15.1%	18.7%	21.4%	-2.2%	0.54%
JAYNECOIND	₹8,607 cr	12.5x	2.6x	23.4%	25.6%	18.9%	+4.0%	–
MDRNSTL	₹17 cr	10.8x	0.8x	7.8%	7.5%	–	–	–

All 118 companies in Iron & Steel Products →

Dividends & corporate actions

Ex-date	Action	Detail
2007-08-22	Dividend	Dividend Rs 2.0

Documents

Links go to the original files on the exchange website.

About the company


Sector	Industrials
Industry	Iron & Steel Products
Sub-industry	Iron & Steel Products
Symbol	MDRNSTL
BSE code	513303
ISIN	INE001F01019
Face value	₹10.0
Incorporated	–
Website	–
Plants (India / abroad)	–

Data built 2026-10-23 from BSE company filings (inline XBRL: Integrated Filing - Finance) + BSE results summary for earlier years; price = BSE close 2026-10-26.