Modern Threads India Ltd
NSE: MODTHREAD · Other · sector
₹46.93NSE close 2026-10-26
Key numbers
Market cap₹163 cr
Price₹46.93
52w high / low₹66 / ₹36
P/E9.0xSector median 14.4x
P/B1.1xSector median 1.7x
Book value₹41.8
Dividend yield–Sector median 0.37%
ROE13.0%Sector median 13.8%
ROCE16.9%Sector median 19.6%
OPM7.2%Sector median 10.4%
Debt / equity0.22xSector median 0.29x
EV/EBITDA7.7xSector median 8.4x
Interest cover6.5x
Current ratio1.70x
Sales growth 3y-0.7%Sector median +7.7%
Profit growth 3y-61.5%Sector median +16.6%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 688 companies in Other (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹25 cr vs borrowings ₹33 cr (FY26): borrowings are higher by ₹8 cr.
- Operating profit covered interest 6.5x in the last 12 months.
- Operating cash flow was below net profit in 5 of the last 5 years (FY26, FY25, FY24, FY23, FY22).
- Net loss in 1 of the last 8 quarters.
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 70% of net profit in the last 12 months.
- No dividend in the last 5 financial years.
- Price ₹46.93 on 2026-10-26: -28.5% from the 52-week high, +31.8% 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 ₹60.00 · low ₹34.69
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 62 | 72 | 67 | 70 | 78 | 73 | 74 | 87 |
| EBITDA | -1 | -1 | 1 | 0 | 3 | 6 | 4 | 9 |
| OPM % | -2.2% | -0.7% | 1.3% | 0.1% | 3.5% | 8.8% | 6.0% | 10.1% |
| Other income | 3 | 2 | 4 | 2 | 2 | 4 | 4 | 3 |
| Net profit | 0 | -0 | 3 | 0 | 3 | 6 | 4 | 6 |
| EPS (₹) | 0.09 | -0.04 | 0.87 | 0.00 | 0.75 | 1.70 | 1.05 | 1.69 |
| Revenue YoY | +24.8% | +0.5% | +10.5% | +24.0% | ||||
| Profit YoY | +718.8% | – | +21.2% | +58,700.0% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 223 | 301 | 300 | 260 | 295 | 312 |
| EBITDA | 11 | 217 | 30 | 1 | 14 | 22 |
| Net profit | 8 | 214 | 25 | 3 | 12 | 18 |
| EPS (₹) | 2.28 | 61.57 | 7.31 | 0.97 | 3.51 | 5.19 |
| Revenue growth | +35.3% | -0.2% | -13.5% | +13.3% | +14.6% | |
| Profit growth | +2,596.7% | -88.1% | -86.7% | +261.7% | +466.0% | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -0.7% | +14.9% | +14.6% |
| Net profit | -61.5% | +47.9% | +466.0% |
| EPS | -61.5% | +48.3% | – |
| Share price | – | -8.6% (2y) | +0.6% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 103 | 129 | 133 | 145 |
| Borrowings | – | 0 | 0 | 21 | 33 |
| Cash & equivalents | – | 10 | 24 | 30 | 25 |
| Total assets | – | 177 | 202 | 226 | 255 |
| Fixed assets | – | 40 | 45 | 45 | 49 |
| Capital work in progress | – | 1 | 2 | 5 | 9 |
| Investments | – | 0 | 0 | 0 | 0 |
| Receivables | – | 40 | 47 | 47 | 41 |
| Inventory | – | 72 | 69 | 77 | 105 |
| Payables | – | 39 | 37 | 35 | 38 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | -4 | 16 | 24 | -8 | -3 |
| Cash from investing | -4 | -9 | -22 | -18 | -2 |
| Cash from financing | -3 | -4 | -3 | 20 | 9 |
| Capex | 5 | 8 | 10 | 9 | 13 |
| Free cash flow | -9 | 8 | 14 | -16 | -16 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 207.2% | 19.7% | 2.5% | 8.4% |
| ROCE % | – | 210.4% | 22.4% | 3.9% | 11.6% |
| Debtor days | – | 48 | 57 | 66 | 50 |
| Inventory days | – | 148 | 149 | 186 | 236 |
| Payable days | – | 80 | 80 | 86 | 85 |
| Cash conversion cycle (days) | – | 116 | 126 | 166 | 201 |
| Working capital days | – | 68 | 93 | 102 | 91 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 65.16% |
| FIIs | 1.26% |
| DIIs | 10.55% |
| of which Mutual funds | 0.05% |
| of which Insurance | 0.68% |
| Public (non-institutions) | 23.03% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 65.10% | 65.10% | 65.10% | 65.16% | 65.16% | 65.16% | 65.16% | 65.16% |
| Promoter group | % |
|---|---|
| Generotrade Exim LLP | 45.03% |
| Arihant Beneficiary Trust through trustee Lalitha Ranka | 20.13% |
| Rajesh Ranka | 0.00% |
| Public holders above 1% | % |
|---|---|
| Administrator of the Specified Undertaking Ofthe Unit Trust of India-unit Scheme 1964 | 5.40% |
| Unit Trust of India | 2.32% |
| Amrex Marketing PVT Ltd | 2.04% |
| Gujarat State Financial Corporation | 1.08% |
1,34,915 shareholders. Pledged: – of promoter shares.
Peers in Other
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| TSFINV | ₹8,585 cr | 17.6x | 1.4x | 8.4% | 3.6% | 20.5% | +121.7% | 2.30% |
| KRISHANA | ₹6,339 cr | 39.9x | 11.3x | 41.6% | 23.2% | 12.6% | +95.7% | 0.05% |
| MARINE | ₹5,431 cr | 84.2x | 11.0x | 14.3% | 18.0% | 10.8% | +25.6% | 0.07% |
| ZOTA | ₹4,139 cr | – | 6.0x | -22.5% | -12.4% | -0.5% | +56.7% | 0.07% |
| AIMTRON | ₹3,319 cr | 71.7x | 17.1x | 28.0% | 31.8% | 21.8% | – | – |
| ACCORD | ₹2,984 cr | – | 261.7x | 12.4% | 12.0% | 2.4% | – | – |
| MONOLITH | ₹2,646 cr | 64.6x | 24.3x | 36.0% | 48.7% | 24.4% | – | – |
| UTSSAV | ₹2,390 cr | 40.2x | 14.1x | 43.4% | 54.7% | 7.9% | – | – |
| BETA | ₹2,200 cr | 40.6x | 5.0x | 16.4% | 17.0% | 20.8% | – | – |
| MODTHREAD | ₹163 cr | 9.0x | 1.1x | 13.0% | 16.9% | 7.2% | -0.7% | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2024-09-23 | Other | Annual General Meeting |
| 2023-09-22 | Other | Annual General Meeting |
| 2022-09-23 | Other | Annual General Meeting |
| 2021-09-22 | Other | Annual General Meeting |
| 2020-12-17 | Other | Annual General Meeting |
| 2019-09-19 | Other | Annual General Meeting |
| 2018-09-19 | Other | Annual General Meeting |
| 2017-09-20 | Other | Annual General Meeting |
| 2000-11-29 | Other | Agm |
| 1999-08-04 | Other | Agm |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- Latest results (data file) XBRL
Links go to the original files on the exchange website.
About the company
| Sector | |
| Industry | Other |
| Sub-industry | |
| Symbol | MODTHREAD |
| BSE code | – |
| ISIN | INE794W01014 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.