Modern Insulators Ltd.
BSE: MODINSU · Other Electrical Equipment · sector
₹423.95BSE close 2026-10-26
Key numbers
Market cap₹1,999 cr
Price₹423.95
52w high / low₹579 / ₹137
P/E21.0xSector median 20.7x
P/B3.7xSector median 3.4x
Book value₹115.2
Dividend yield–Sector median 0.26%
ROE18.9%Sector median 15.5%
ROCE21.3%Sector median 16.4%
OPM14.9%Sector median 11.7%
Debt / equity0.13xSector median 0.32x
EV/EBITDA17.0xSector median 13.3x
Interest cover23.1x
Current ratio3.75x
Sales growth 3y+18.6%Sector median +17.8%
Profit growth 3y+41.3%Sector median +15.2%
PEG0.51x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 59 companies in Other Electrical Equipment (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹132 cr vs borrowings ₹68 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 23.1x in the last 12 months.
- Other income was 27% of net profit in the last 12 months.
- No dividend in the last 5 financial years.
- Price ₹423.95 on 2026-10-26: -26.8% from the 52-week high, +209.9% 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 ₹549.90 · low ₹92.78
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|
| Revenue | 160 | 141 | 177 | 199 | 203 | 188 |
| EBITDA | 19 | 13 | 19 | 32 | 31 | 32 |
| OPM % | 11.6% | 9.1% | 10.8% | 15.8% | 15.5% | 16.9% |
| Other income | -2 | 5 | 7 | 4 | 6 | 9 |
| Net profit | 9 | 15 | 18 | 24 | 24 | 30 |
| EPS (₹) | 1.84 | 3.23 | 3.72 | 5.12 | 5.06 | 6.28 |
| Revenue YoY | +26.6% | +33.2% | ||||
| Profit YoY | +174.3% | +94.5% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 436 | 431 | 443 | 503 | 720 | 767 |
| EBITDA | 22 | 24 | 35 | 44 | 95 | 114 |
| Net profit | 22 | 28 | 36 | 39 | 80 | 95 |
| EPS (₹) | 4.65 | 6.00 | 7.74 | 8.18 | 16.92 | 20.18 |
| Revenue growth | -1.2% | +2.9% | +13.5% | +43.0% | – | |
| Profit growth | +29.2% | +28.9% | +5.7% | +106.8% | – | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +18.6% | – | – |
| Net profit | +41.3% | – | – |
| EPS | +41.3% | – | – |
| Share price | – | +75.2% (2y) | +187.5% |
Balance sheet
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Shareholders' equity | 463 | 543 |
| Borrowings | 25 | 68 |
| Cash & equivalents | 53 | 132 |
| Total assets | 604 | 762 |
| Fixed assets | 171 | 178 |
| Capital work in progress | 1 | 1 |
| Investments | 0 | 0 |
| Receivables | 122 | 153 |
| Inventory | 125 | 160 |
| Payables | 38 | 56 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Cash from operations | 40 | 47 |
| Cash from investing | -41 | -83 |
| Cash from financing | 2 | 37 |
| Capex | 19 | 21 |
| Free cash flow | 21 | 26 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY25 | FY26 |
|---|---|---|
| ROE % | 8.3% | 14.7% |
| ROCE % | 10.1% | 17.5% |
| Debtor days | 88 | 77 |
| Inventory days | 325 | 291 |
| Payable days | 99 | 102 |
| Cash conversion cycle (days) | 314 | 266 |
| Working capital days | 186 | 186 |
Peers in Other Electrical Equipment
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| WAAREEENER | ₹66,706 cr | 17.5x | 4.6x | 23.0% | 33.2% | 20.2% | – | 0.08% |
| APARINDS | ₹59,456 cr | 50.3x | 11.0x | 11.6% | 32.9% | 8.7% | +16.9% | 0.35% |
| PREMIERENE | ₹38,159 cr | 22.6x | 8.8x | 46.7% | 29.7% | 30.0% | – | 0.08% |
| MTARTECH | ₹20,247 cr | 151.7x | 24.6x | 17.2% | 18.3% | 20.7% | +15.2% | – |
| DIACABS | ₹17,127 cr | 87.1x | – | – | 13.0% | 11.7% | – | – |
| EMMVEE | ₹16,647 cr | 11.6x | 3.8x | 53.0% | 34.1% | 34.7% | – | – |
| AVALON | ₹13,377 cr | 100.0x | 18.5x | 20.0% | 21.9% | 11.4% | +19.3% | 0.00% |
| UTLSOLAR | ₹11,168 cr | 36.1x | 8.8x | 23.1% | 25.4% | 14.6% | – | – |
| GENUSPOWER | ₹7,216 cr | 11.1x | 3.2x | 31.9% | 22.2% | 18.8% | +80.5% | 0.84% |
| MODINSU | ₹1,999 cr | 21.0x | 3.7x | 18.9% | 21.3% | 14.9% | +18.6% | – |
Business segments (2026-06-30)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Insulators | ₹175 cr | 92.4% | ₹38 cr | 21.6% |
| Terry Towels | ₹12 cr | 6.4% | ₹0 cr | 0.4% |
| Others | ₹2 cr | 1.2% | ₹1 cr | 42.2% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2004-09-16 | Dividend | NIL Dividend |
| 2003-09-11 | Dividend | NIL Dividend |
| 2002-09-05 | Dividend | NIL Dividend |
Documents
Links go to the original files on the exchange website.
About the company
| Sector | Industrials |
| Industry | Other Electrical Equipment |
| Sub-industry | Other Electrical Equipment |
| Symbol | MODINSU |
| BSE code | 515008 |
| ISIN | INE219W01012 |
| 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.