Modern Malleables Ltd.

BSE: MODMA · Iron & Steel Products · sector

₹44.10BSE close 2026-10-26

Key numbers

Market cap₹514 cr

Price₹44.10

52w high / low₹86 / ₹3

P/E21.1xSector median 15.5x

P/B2.9xSector median 1.7x

Book value₹15.3

Dividend yield–Sector median 0.60%

ROE14.5%Sector median 11.1%

ROCE17.7%Sector median 11.9%

OPM19.2%Sector median 6.7%

Debt / equity0.06xSector median 0.21x

EV/EBITDA15.3xSector median 11.8x

Interest cover33.7x

Current ratio1.92x

Sales growth 3y+42.4%Sector median +2.1%

Profit growth 3y+27.8%Sector median +13.0%

PEG0.77x

Last 12 months to Jun 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 ₹12 cr (FY26): borrowings are higher by ₹11 cr.
Operating profit covered interest 33.7x in the last 12 months.
Other income was 1% of net profit in the last 12 months.
No dividend in the last 5 financial years.
Price ₹44.10 on 2026-10-26: -48.6% from the 52-week high, +1,228.3% 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 ₹82.43 · low ₹1.90

Quarterly results

₹ cr	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	26	28	38	31	53	55
EBITDA	2	4	6	6	12	11
OPM %	8.3%	12.9%	15.0%	18.5%	22.6%	19.4%
Other income	11	0	0	0	0	0
Net profit	11	2	4	4	9	8
EPS (₹)	1.03	0.21	0.34	0.36	0.75	0.64
Revenue YoY					+104.2%	+98.5%
Profit YoY					-18.8%	+206.1%

Standalone figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY12	FY23	FY24	FY25	FY26	TTM
Revenue	45	52	68	52	151	178
EBITDA	-3	11	16	1	27	34
Net profit	-3	9	14	10	19	24
EPS (₹)	-0.24	0.80	1.20	0.96	1.66	2.09
Revenue growth		+14.9%	+29.4%	-22.7%	+188.4%	–
Profit growth		–	+51.3%	-28.6%	+93.0%	–
Dividend / share (₹)	–	–	–	–	–

Compounded growth	3 years	5 years	Last 12 months
Sales	+42.4%	–	–
Net profit	+27.8%	–	–
EPS	+27.5%	–	–
Share price	–	– (2y)	+1,183.6%

Balance sheet

₹ cr	FY25	FY26
Shareholders' equity	159	178
Borrowings	4	12
Cash & equivalents	0	0
Total assets	201	224
Fixed assets	6	6
Capital work in progress	–	0
Investments	135	140
Receivables	18	38
Inventory	36	38
Payables	23	28

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY25	FY26
Cash from operations	-11	7
Cash from investing	-11	-6
Cash from financing	-0	-1
Capex	2	1
Free cash flow	-12	6

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY25	FY26
ROE %	6.3%	10.9%
ROCE %	7.5%	14.0%
Debtor days	126	93
Inventory days	333	131
Payable days	217	97
Cash conversion cycle (days)	242	127
Working capital days	223	91

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%	–
MODMA	₹514 cr	21.1x	2.9x	14.5%	17.7%	19.2%	+42.4%	–

All 118 companies in Iron & Steel Products →

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	MODMA
BSE code	517336
ISIN	INE834C01028
Face value	₹1.0
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.