Modi Naturals Ltd
₹ 334
1.09%
04 Feb
12:18 p.m.
About
Incorporated in 1974, Modi Naturals Ltd manufactures and markets oils and deoiled cakes[1]
Key Points
- Market Cap ₹ 444 Cr.
- Current Price ₹ 334
- High / Low ₹ 610 / 298
- Stock P/E 53.0
- Book Value ₹ 79.9
- Dividend Yield 0.00 %
- ROCE 11.2 %
- ROE 7.88 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Stock is trading at 4.17 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -2.74% over past five years.
- Company has a low return on equity of 3.67% over last 3 years.
- Contingent liabilities of Rs.156 Cr.
- Company's cost of borrowing seems high
* 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.
Loading peers table ...
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 210 | 234 | 271 | 291 | 277 | 295 | 388 | 443 | 474 | 418 | 357 | 338 | 340 | |
| 205 | 230 | 263 | 288 | 274 | 291 | 381 | 430 | 459 | 412 | 352 | 324 | 326 | |
| Operating Profit | 5 | 4 | 9 | 3 | 3 | 4 | 8 | 13 | 15 | 6 | 6 | 13 | 13 |
| OPM % | 2% | 2% | 3% | 1% | 1% | 1% | 2% | 3% | 3% | 1% | 2% | 4% | 4% |
| -0 | 0 | 0 | 2 | 1 | 1 | 0 | 4 | 1 | 2 | 1 | 3 | 3 | |
| Interest | 2 | 3 | 3 | 3 | 3 | 2 | 3 | 1 | 2 | 4 | 4 | 5 | 4 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 |
| Profit before tax | 2 | 0 | 4 | 0 | 0 | 2 | 4 | 14 | 13 | 2 | 1 | 10 | 11 |
| Tax % | 50% | -7% | 53% | 107% | 100% | 64% | -28% | 25% | 28% | 40% | 4% | 26% | |
| 1 | 0 | 2 | -0 | 0 | 1 | 5 | 11 | 9 | 1 | 1 | 8 | 8 | |
| EPS in Rs | 0.74 | 0.14 | 1.77 | -0.02 | 0.00 | 0.70 | 3.66 | 8.31 | 7.43 | 0.92 | 0.68 | 5.75 | 6.29 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | -3% |
| 3 Years: | -11% |
| TTM: | 7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 47% |
| 5 Years: | 11% |
| 3 Years: | -7% |
| TTM: | 91% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 38% |
| 3 Years: | 15% |
| 1 Year: | -27% |
| Return on Equity | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 7% |
| 3 Years: | 4% |
| Last Year: | 8% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 11 | 11 | 11 | 11 | 11 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 |
| Reserves | 18 | 18 | 20 | 30 | 31 | 40 | 45 | 55 | 65 | 69 | 80 | 87 | 93 |
| 22 | 28 | 35 | 36 | 33 | 31 | 33 | 21 | 51 | 49 | 45 | 30 | 13 | |
| 24 | 19 | 20 | 22 | 23 | 29 | 30 | 33 | 37 | 35 | 31 | 32 | 31 | |
| Total Liabilities | 75 | 77 | 87 | 99 | 97 | 113 | 120 | 121 | 165 | 166 | 169 | 162 | 151 |
| 19 | 18 | 18 | 20 | 19 | 20 | 19 | 19 | 21 | 20 | 18 | 17 | 17 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15 | 27 | 35 | 35 | 35 |
| 56 | 59 | 68 | 80 | 78 | 94 | 100 | 102 | 129 | 119 | 116 | 110 | 99 | |
| Total Assets | 75 | 77 | 87 | 99 | 97 | 113 | 120 | 121 | 165 | 166 | 169 | 162 | 151 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -5 | -7 | -7 | -8 | 2 | -7 | 1 | 9 | -13 | 12 | 16 | 19 | |
| -1 | -0 | 0 | -2 | -1 | -2 | -1 | 2 | -18 | -14 | -22 | -4 | |
| 4 | 6 | 7 | 11 | -3 | 8 | 1 | -12 | 30 | 2 | 6 | -15 | |
| Net Cash Flow | -1 | -1 | -0 | 1 | -1 | -0 | 1 | -1 | -0 | 1 | -0 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 18 | 18 | 17 | 12 | 10 | 14 | 15 | 17 | 15 | 17 | 18 | 20 |
| Inventory Days | 84 | 75 | 74 | 94 | 99 | 109 | 83 | 72 | 95 | 98 | 106 | 99 |
| Days Payable | 30 | 18 | 10 | 6 | 7 | 11 | 9 | 8 | 12 | 17 | 16 | 10 |
| Cash Conversion Cycle | 73 | 75 | 80 | 100 | 103 | 112 | 88 | 81 | 98 | 98 | 108 | 109 |
| Working Capital Days | 17 | 16 | 15 | 28 | 29 | 40 | 36 | 42 | 34 | 32 | 43 | 45 |
| ROCE % | 7% | 6% | 12% | 4% | 4% | 6% | 7% | 14% | 14% | 4% | 4% | 11% |
Documents
Announcements
-
Report On Transfer Request Of Physical Shares Re-Lodged Under Special Window.
6 Jan - SEBI special-window transfer report for Dec 2025: zero requests received/processed.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
6 Jan - Confirmation certificate under Reg.74(5) for quarter ended Dec 31, 2025 from RTA Skyline.
- Closure of Trading Window 29 Dec 2025
-
Report On Transfer Request Of Physical Shares Re-Lodged Under Special Window
17 Dec 2025 - No re-lodged physical share transfer requests processed in November 2025 under SEBI circular.
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
11 Dec 2025 - Modi Naturals listed on NSE (symbol MODINATUR) on Dec 11, 2025; already BSE-listed.
Annual reports
-
Financial Year 2025
from bse
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
Concalls
-
Nov 2025Transcript PPT
-
Aug 2025TranscriptAI SummaryPPT
-
Jun 2025Transcript PPT
-
Jan 2025TranscriptAI SummaryPPT
-
Nov 2024Transcript PPT
-
Jul 2024TranscriptAI SummaryPPT
-
May 2024TranscriptAI SummaryPPT
-
Feb 2024TranscriptAI SummaryPPT
-
Nov 2023TranscriptAI SummaryPPT
-
Aug 2023TranscriptAI SummaryPPT
-
May 2023TranscriptAI SummaryPPT
-
Feb 2023TranscriptAI SummaryPPT
-
Nov 2022TranscriptAI SummaryPPT
-
Aug 2022TranscriptAI SummaryPPT
-
Jul 2022TranscriptAI SummaryPPT
-
Feb 2022TranscriptAI SummaryPPT
-
Nov 2021TranscriptAI SummaryPPT
-
Mar 2020TranscriptAI SummaryPPT
-
Feb 2020TranscriptAI SummaryPPT
-
Aug 2019TranscriptAI SummaryPPT
-
Feb 2019TranscriptAI SummaryPPT
-
Feb 2019TranscriptAI SummaryPPT
-
Dec 2018TranscriptAI SummaryPPT
-
Aug 2018TranscriptAI SummaryPPT
-
Mar 2018TranscriptAI SummaryPPT
-
Dec 2017TranscriptAI SummaryPPT
-
Jun 2017TranscriptAI SummaryPPT
-
Nov 2016TranscriptAI SummaryPPT
-
Aug 2016TranscriptAI SummaryPPT
-
Jun 2016TranscriptAI SummaryPPT
-
Jun 2016TranscriptAI SummaryPPT
-
Jan 2016TranscriptAI SummaryPPT
-
Dec 2015TranscriptAI SummaryPPT
Business Profile[1]
Modi Naturals Limited is a diversified FMCG and renewable energy company engaged in edible oils, healthy foods, and ethanol production. It is the 3rd Largest Premium Edible Oil Brand and one of the largest makers of Rice Bran Oil in India.