₹41.25BSE close 2026-10-27
Key numbers
Market cap₹132 cr
Price₹41.25
52w high / low₹56 / ₹27
P/E19.7xSector median 23.0x
P/B1.8xSector median 2.9x
Book value₹23.0
Dividend yield–Sector median 0.34%
ROE10.1%Sector median 14.8%
ROCE11.4%Sector median 14.1%
OPM3.4%Sector median 4.2%
Debt / equity0.17xSector median 0.31x
EV/EBITDA11.4xSector median 14.7x
Interest cover8.2x
Current ratio1.38x
Sales growth 3y+16.3%Sector median +11.8%
Profit growth 3y-26.2%Sector median +29.7%
PEG–
Last 12 months to Sep 2026, Standalone. "Sector median" = middle value of 15 companies in Dairy Products (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹10 cr vs borrowings ₹12 cr (FY26): borrowings are higher by ₹1 cr.
- Operating profit covered interest 8.2x in the last 12 months.
- Other income was 22% of net profit in the last 12 months.
- No dividend in the last 5 financial years.
- Price ₹41.25 on 2026-10-27: -26.2% from the 52-week high, +55.3% 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 ₹68.57 · low ₹28.84
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 91 | 78 | 82 | 87 | 92 | 91 | 74 |
| EBITDA | 2 | 3 | 3 | 2 | 2 | 4 | 4 |
| OPM % | 1.9% | 3.9% | 3.3% | 2.7% | 1.8% | 4.2% | 5.1% |
| Other income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net profit | 18 | 2 | 2 | 1 | 0 | 2 | 2 |
| EPS (₹) | 6.87 | 0.64 | 0.64 | 0.47 | 0.11 | 0.75 | 0.76 |
| Revenue YoY | +1.2% | +16.6% | -9.2% | ||||
| Profit YoY | -98.2% | +29.7% | +33.1% |
Standalone figures where filed. Latest quarter Sep 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 242 | 216 | 362 | 348 | 340 | 345 |
| EBITDA | 11 | 15 | 41 | 70 | 10 | 12 |
| Net profit | 5 | 12 | 34 | 83 | 5 | 6 |
| EPS (₹) | 2.12 | 5.21 | 14.68 | 32.38 | 1.89 | 2.09 |
| Revenue growth | -10.6% | +67.3% | -3.7% | -2.3% | – | |
| Profit growth | +145.7% | +181.5% | +142.4% | -94.1% | – | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +16.3% | – | – |
| Net profit | -26.2% | – | – |
| EPS | -28.7% | – | – |
| Share price | – | -10.8% (2y) | +1.5% |
Balance sheet
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Shareholders' equity | 40 | 55 |
| Borrowings | 7 | 12 |
| Cash & equivalents | 9 | 10 |
| Total assets | 117 | 132 |
| Fixed assets | 31 | 29 |
| Capital work in progress | 0 | 0 |
| Investments | 0 | 6 |
| Receivables | 21 | 24 |
| Inventory | 27 | 32 |
| Payables | 44 | 44 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Cash from operations | 20 | -4 |
| Cash from investing | -4 | -7 |
| Cash from financing | -10 | 14 |
| Capex | 4 | 1 |
| Free cash flow | 16 | -6 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY25 | FY26 |
|---|---|---|
| ROE % | 205.6% | 8.8% |
| ROCE % | 141.9% | 11.7% |
| Debtor days | 22 | 26 |
| Inventory days | 36 | 43 |
| Payable days | 58 | 59 |
| Cash conversion cycle (days) | 0 | 10 |
| Working capital days | -5 | 8 |
Peers in Dairy Products
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| HATSUN | ₹21,569 cr | 58.7x | 10.9x | 19.2% | 18.6% | 10.8% | +11.2% | 0.62% |
| MILKYMIST | ₹19,256 cr | – | – | – | – | – | – | – |
| KWIL | ₹8,225 cr | – | 12.2x | -54.9% | -54.8% | -10.0% | – | – |
| DODLA | ₹5,968 cr | 24.4x | 3.6x | 15.9% | 15.1% | 6.7% | +13.6% | 0.21% |
| VADILALIND | ₹5,193 cr | 23.7x | 6.1x | 30.3% | 32.6% | 18.7% | +12.4% | 0.29% |
| HERITGFOOD | ₹3,305 cr | 28.7x | 2.9x | 10.5% | 12.1% | 5.1% | +11.8% | 0.70% |
| PARAGMILK | ₹3,031 cr | 23.0x | 2.4x | 11.3% | 13.1% | 6.7% | +9.7% | 0.40% |
| VADILENT | ₹817 cr | 15.1x | 24.7x | 49.3% | 28.8% | 3.0% | +9.4% | 0.02% |
| SCPL | ₹607 cr | 29.2x | 3.9x | 14.8% | 17.4% | 11.6% | – | – |
| MODAIRY | ₹132 cr | 19.7x | 1.8x | 10.1% | 11.4% | 3.4% | +16.3% | – |
Documents
Links go to the original files on the exchange website.
About the company
| Sector | Fast Moving Consumer Goods |
| Industry | Dairy Products |
| Sub-industry | Dairy Products |
| Symbol | MODAIRY |
| BSE code | 519287 |
| ISIN | INE617B01011 |
| 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 2026-10-27.