Modern Steels Ltd

₹ 13.2 -4.28%

11 Jun - close price

About

Established in 1974, Modern Steel Ltd. manufactures low-alloy and carbon-steel-rolled products for commercial vehicles, such as trucks and tractors, passenger vehicles, two-wheelers, and engineering companies.

Key Points

Business Profile:^[1]
As of FY25, the company does not have any business.

Website BSE

Market Cap ₹ 18.2 Cr.
Current Price ₹ 13.2
High / Low ₹ 21.7 / 10.4
Stock P/E 17.1
Book Value ₹ 13.7
Dividend Yield 0.00 %
ROCE 5.71 %
ROE 5.77 %
Face Value ₹ 10.0

Add ratio to table

Edit ratios

Pros

Company is almost debt free.
Stock is trading at 0.96 times its book value

Cons

Though the company is reporting repeated profits, it is not paying out dividend
Tax rate seems low
Company has a low return on equity of 12.9% over last 3 years.
Earnings include an other income of Rs.2.01 Cr.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Industrials Capital Goods Industrial Products Iron & Steel Products

Edit Columns

Loading peers table ...

Detailed Comparison with:

Quarterly Results

Figures in Rs. Crores

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	0.23	0.53	0.25	0.26	0.26	0.25	0.26	0.25	0.29	0.24	0.23	0.20	0.26
Operating Profit	-0.23	-0.53	-0.25	-0.26	-0.26	-0.25	-0.26	-0.25	-0.29	-0.24	-0.23	-0.20	-0.26
OPM %
	2.71	0.18	0.25	0.21	1.23	0.22	0.22	0.23	4.82	0.47	0.31	0.30	0.93
Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.01
Profit before tax	2.48	-0.35	0.00	-0.05	0.97	-0.03	-0.04	-0.02	4.53	0.23	0.08	0.10	0.66
Tax %	0.00%	0.00%		0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
	2.48	-0.35	0.00	-0.05	0.97	-0.03	-0.04	-0.02	4.53	0.23	0.08	0.10	0.66
EPS in Rs	1.80	-0.25	0.00	-0.04	0.70	-0.02	-0.03	-0.01	3.29	0.17	0.06	0.07	0.48
Raw PDF

Profit & Loss

Figures in Rs. Crores

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	313.00	261.73	309.01	376.06	321.57	211.46	83.53	102.04	0.00	0.00	0.00	0.00
	307.43	248.45	303.92	400.76	341.69	257.37	104.41	101.84	0.55	1.29	1.05	0.94
Operating Profit	5.57	13.28	5.09	-24.70	-20.12	-45.91	-20.88	0.20	-0.55	-1.29	-1.05	-0.94
OPM %	1.78%	5.07%	1.65%	-6.57%	-6.26%	-21.71%	-25.00%	0.20%
	6.89	2.00	2.55	1.66	1.85	0.38	3.71	80.38	14.62	1.87	5.49	2.01
Interest	25.03	27.13	4.86	1.79	1.77	0.39	0.46	0.86	0.24	0.00	0.00	0.00
Depreciation	5.83	5.39	5.36	5.41	5.17	4.86	4.87	3.59	0.00	0.00	0.00	0.01
Profit before tax	-18.40	-17.24	-2.58	-30.24	-25.21	-50.78	-22.50	76.13	13.83	0.58	4.44	1.06
Tax %	-33.91%	94.72%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
	-12.16	-33.57	-2.58	-30.24	-25.21	-50.78	-22.50	76.13	13.83	0.58	4.44	1.06
EPS in Rs	-8.84	-24.39	-1.87	-21.97	-18.32	-36.90	-16.35	55.32	10.05	0.42	3.23	0.77
Dividend Payout %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Compounded Sales Growth
10 Years:	%
5 Years:	%
3 Years:	%
TTM:	%

Compounded Profit Growth
10 Years:	7%
5 Years:	15%
3 Years:	-62%
TTM:	-76%

Stock Price CAGR
10 Years:	8%
5 Years:	27%
3 Years:	-4%
1 Year:	-24%

Return on Equity
10 Years:	%
5 Years:	%
3 Years:	13%
Last Year:	6%

Balance Sheet

Figures in Rs. Crores

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	13.76	13.76	13.76	13.76	13.76	13.76	13.76	13.77	13.77	13.77	13.77	14.40
Reserves	9.97	-23.60	-24.18	-56.72	-82.01	-131.37	-92.27	-14.77	-0.94	-0.37	4.07	4.49
	173.78	185.33	187.59	189.20	186.91	184.63	52.86	7.04	1.27	0.20	0.20	0.21
	62.97	46.07	57.96	43.12	51.75	45.65	120.71	0.33	0.18	0.31	0.76	0.77
Total Liabilities	260.48	221.56	235.13	189.36	170.41	112.67	95.06	6.37	14.28	13.91	18.80	19.87
	77.66	72.90	68.50	62.52	59.13	54.57	49.99	0.06	0.06	0.06	0.06	0.05
CWIP	0.00	0.00	0.00	0.28	0.28	0.28	0.67	0.00	0.00	0.00	0.00	0.00
Investments	4.85	4.85	0.03	0.13	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03
	177.97	143.81	166.60	126.43	110.97	57.79	44.37	6.28	14.19	13.82	18.71	19.79
Total Assets	260.48	221.56	235.13	189.36	170.41	112.67	95.06	6.37	14.28	13.91	18.80	19.87

Cash Flows

Figures in Rs. Crores

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	9.25	16.60	-12.50	-10.98	3.48	1.29	132.73	-3.31	0.34	3.27	3.63	0.02
	-1.46	1.03	9.07	2.27	-0.11	0.07	-0.44	52.47	0.00	-1.73	-4.56	-0.01
	-10.58	-19.07	12.91	-0.06	-4.06	-2.27	-132.37	-48.87	-0.24	-1.07	0.00	0.00
Net Cash Flow	-2.79	-1.44	9.48	-8.77	-0.69	-0.91	-0.08	0.29	0.10	0.46	-0.93	0.01
Free Cash Flow	-1.74	15.97	-13.18	-10.71	1.70	0.99	132.06	49.00	0.34	3.27	3.63	0.02
CFO/OP	172%	127%	-242%	44%	-16%	-3%	-633%	-3,030%	-62%	-253%	-346%	-2%

Ratios

Figures in Rs. Crores

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	93.94	91.39	98.56	70.25	63.72	43.45	61.79	0.00
Inventory Days	113.70	160.19	122.99	67.75	76.63	57.97	244.42	0.00
Days Payable	91.65	82.25	96.55	37.13	65.59	88.16	454.07
Cash Conversion Cycle	116.00	169.33	125.00	100.86	74.77	13.26	-147.86	0.00
Working Capital Days	-4.27	-40.01	-13.31	-108.87	-151.13	-303.21	-578.68	-5.40
ROCE %	1.61%	5.34%	1.08%	-17.59%	-17.70%	-54.28%	-106.55%		189.97%	4.19%	28.07%	5.71%

Insights

In beta

Mar 2014

Mar 2015

Mar 2016

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Total Production Volume
MT

	xx,xxx	xx,xxx	xxx,xxx	xxx,xxx	xx,xxx	xx,xxx	xx,xxx	xxx,xxx	x	x	x
xx,xxx	xx,xxx	xxx,xxx	xxx,xxx	xxx,xxx	xx,xxx			xxx,xxx	x	x
xx,xxx,xxx	xx,xxx,xxx		xx,xxx,xxx	xx,xxx,xxx	xx,xxx,xxx	xx,xxx,xxx	xx,xxx,xxx	xx,xxx,xxx
xxx	xxx		xxx	xxx	xxx	xxx	xxx	xxx
xxx	xxx		xxx	xxx	xxx	xxx	xxx	xxx
	xxx	xxx			xxx	xxx	xxx	xxx		x
	xxx,xxx	xxx,xxx						x,xxx,xxx	x	x	x

Please log in to see hidden values.

Sales Volume
MT

Electricity Purchased
kWh

Specific Power Consumption - Concast Billets
Units/MT

Specific Power Consumption - Ingots
Units/MT

Number of Employees
Count

Installed Capacity
MTPA

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
	65.53%	65.53%	65.53%	65.53%	65.53%	65.53%	65.53%	65.53%	65.53%	65.53%	65.53%	65.53%
	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%
	34.41%	34.41%	34.42%	34.42%	34.40%	34.40%	34.42%	34.42%	34.42%	34.42%	34.43%	34.41%
No. of Shareholders	7,201	7,908	8,699	9,225	9,490	9,732	9,791	9,794	9,800	9,785	9,722	9,677

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	65.53%	65.53%	65.53%	65.53%	65.53%	65.53%	65.53%	65.53%	65.53%	65.53%
	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%
	34.42%	34.42%	34.42%	34.42%	34.42%	34.42%	34.42%	34.42%	34.42%	34.41%
No. of Shareholders	6,800	6,586	6,523	6,633	6,485	6,858	6,903	9,225	9,794	9,677

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Modern Steels Ltd

Modern Steels Ltd

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Cash Flows

Ratios

Insights

Shareholding Pattern

Documents

Announcements

Annual reports

Credit ratings