Get 50% OFF This Monsoon!

Advertisement
AdvertisementAdvertisement
logo

Modern Steels

513303
Micro Cap
(%) 1D
no_data

No Data Available

1D1W1M3M6M1YMAX

Investor Sentiment

50%50%
Bullish
Bearish
Advertisement
AdvertisementAdvertisement

Modern Steels Share price and Fundamental Analysis

View All Details
View All Details
Incorporated in Nov.' 73, Modern Steels Limited was formed with an object to manufacture carbon and alloy steel. It also has a rolling mill to convert billets into rolled products. While the melting capacity is 1 lac tpa, the rolling mill has a capacity of 50,000 tpa. The company was promoted by Amarjit Goyal, the Chairman and Krishan Kumar Goyal. The Company has a plant at Gobindgarh, in Punjab.
Company Incorporation1973
ChairmanKrishan Kumar Goyal
Head QuartersChandigarh
Previous NameNA

Key Metrics

Market Cap (Cr)
23.74
PE Ratio
5.04
Industry P/E
21.36
PEG Ratio
0.01
ROE
24.9%
ROCE
24.61%
ROA
25%
Total Debt (Cr)
0.21
Debt to Equity
0.01
Dividend Yield
0%
EPS
3.42
Book Value & P/B
12.49 x 1.38
Face Value
10
Outstanding Shares(Cr)
1.38
Current Ratio
6.97
EV to Sales
0

Stock Returns

1 Week-2.21%
1 Month-2.49%
6 Months+17.67%
1 Year-9.54%
3 Years+2.37%
5 Years+299.31%
no_data

No Stocks

Smart Score

2.4
icn

Unlock Smart Score

See Detailed Analysis & Insights

icn

Unlock Insights

See Detailed Analysis & Insights

Technicals

Returns Calculator

If you would have invested
In 5 years the current value would be
NaNCRNaNCR( %)

Research Report

No Research Report

View Other Reports >

Corporate Action

Board-Meetings
Board-Meetings
Dividends
Bonus
Splits
Right-issues
AGM-EGM
Bulk-Deal
Block-Deal

Financials

Half Yearly Statement

PARTICULARS

Total Revenue

Total Expenses

Operating Expense

Operating Profit

Interest

Depreciation & Amortization

Profit Before Tax

Tax

Profit after tax

Adj EPS in Rs - Basic

Adj EPS in Rs - Diluted

Profit and Loss Statement

Credit Rating
Director Report
Chairman Report
Auditor Report
Jun 25

Promoters : 65.53%

FIIs : 0.00%

DIIs : 0.05%

Public : 34.42%

Promoter
FII/FPI
DII
Public
Promoter Pledge stands at 0.0% of holding in June 2025 Qtr

Top Shareholders

View all Share Holders

Key Ratios

Profitability
Valuation
Liquidity

ROE

Avg ROE (3 Yrs) : NaN%

ROCE

Avg ROCE (3 Yrs) : NaN%

ROA

Avg ROA (3 Yrs) : NaN%

NPM

Avg NPM (3 Yrs) : NaN%

Dividend History

Modern Steels Competitors

Sector
Industry

Company Name

MCap(TTM)

PE(TTM)

P/B(TTM)

ROE(TTM)

D/E

Current Ratio(TTM)

5 Year FactSheet

Profitability
Profitability
Growth Ratios
Valuation Ratios
Cashflow Ratios
Debt and Liquidity
Efficiency Ratios

Documents

Annual Reports
Con-Call

News

Modern Steels Management and History

Company Management

icn

Unlock Management Data

See Detailed Analysis & Insights

Company History

Incorporated in Nov.' 73, Modern Steels Limited was formed with an object to manufacture carbon and alloy steel. It also has a rolling mill to convert billets into rolled products. While the melting capacity is 1 lac tpa, the rolling mill has a capacity of 50,000 tpa. The company was promoted by Amarjit Goyal, the Chairman and Krishan Kumar Goyal. The Company has a plant at Gobindgarh, in Punjab.

In 1991-92, the company co-promoted Modern Dairies to set up a dairy project at Karnal, Haryana, to process 3.2 lac ltr pd of milk at an estimated cost of Rs 13.56 cr. Commercial production of the new company commenced in 1993. It invested around Rs 100 lac in the equity capital of the new company.

In 1995, Modern Steels increased the capacity of its rolled products from 30,000 tpa to 50,000 tpa.

The Electro Magnetic Stirrers (EMS) was installed in year 2005. In 2006, the Company installed a Vacuum Degassing Plant of 'Denelli' make in its melting shop. In addition, for the production of stainless steel a converter was installed and commissioned during the year. Post rolling facilities of peeling and grinding of bars commissioned during the year.

In 2008, the Company installed & commissioned 600 mm Rolling Mill to produce higher size Rolled Products. It commissioned its energy efficient Oxygen Plants. The Second Electric Arc Furnace (EAF) was commissioned on July 30, 2009. In 2012, it strengthened and modernized its production facilities in SMS and Rolling Mill.

In 2014, the Company installed Gasifier Unit for production of gas for reheating furnaces in rolling mills and added heat treatment facility for alloy steel bars. It added bigger ingot casting facilities in the steel melting shop to diversify process route. Forge shop consisting of forging presses, hammer, heat treatment facilities along with finishing and inspection facilities were added. It also installed machining & assembly lines for the manufacturing of auto steel components.

In 2015, the Company commissioned and stabilized Auto Component Division along with Heat Treatment section. Further, it developed new grades in the tool and die segment. In year 2022, through the Business Transfer Agreement (BTA) executed between M/s Arjas Steel Pvt. Ltd./ M/s Arjas Modern Steel Pvt. Ltd. (Purchaser), Modern Steels Ltd. (Seller), Promoters (Mr. Krishan Kumar Goyal and Mr. Aditya Goyal). the Company was given operations of the plant to M/s Arjas Steel Pvt. Ltd. where they took control of the plant and operated till 05.01.2022. In terms of BTA, the Properties of the Unit in Mandi Gobindgarh, were transferred to Arjas Modern Steel Pvt. (Buyer) on Jan' 05, 2022. Again, the Plant & Machinery of the unit and other current assets and liabilities were also transferred to buyer under slump sale transaction, which concluded from the above said Date.

Modern Steels Share Price

Modern Steels share price reflects investor sentiment toward the company and is impacted by various factors such as financial performance, market trends, and economic conditions. Share price is an indicator which shows the current value of the company's shares at which buyers or sellers can transact.

Modern Steels Market Cap

Market capitalization of Modern Steels indicates the total value of its outstanding shares. Marketcap is calculated by multiplying share price and outstanding shares of the company. It is a helpful metric for assessing the company's size and market Valuation. It also helps investors understand how Modern Steels is valued compared to its competitors.

Modern Steels PE Ratio

Modern Steels PE ratio helps investors understand what is the market value of each stock compared to Modern Steels 's earnings. A PE ratio higher than the average industry PE could indicate an overvaluation of the stock, whereas a lower PE compared to the average industry PE could indicate an undervaluation.

Modern Steels PEG Ratio

The PEG ratio of Modern Steels evaluates its PE ratio in relation to its growth rate. A PEG ratio of 1 indicates a fair value, a PEG ratio of less than 1 indicates undervaluation, and a PEG ratio of more than 1 indicates overvaluation.

Modern Steels ROE (Return on Equity)

Return on Equity (ROE) measures how effectively Modern Steels generates profit from shareholders' equity. A higher ROE of more than 20% indicates better financial performance in terms of profitability.

Modern Steels ROCE (Return on Capital Employed)

Return on Capital Employed (ROCE) evaluates the profitability of Modern Steels in relation to its capital employed. In simple terms, ROCE provides insight to investors as to how well the company is utilizing the capital deployed. A high ROCE of more than 20% shows that the business is making profitable use of its capital.

Modern Steels Total Debt

Total debt of Modern Steels shows how much the company owes to either banks or individual creditors. In simple terms, this is the amount the company has to repay. Total debt can be a very useful metric to show the financial health of the company. Total debt more than equity is considered to be a bad sign.

Modern Steels Debt to Equity Ratio

The Debt-to-Equity (DE) ratio of Modern Steels compares its total debt to shareholders' equity. A higher Debt to Equity ratio could indicate higher financial risk, while a lower ratio suggests that the company is managing its debt efficiently.

Modern Steels CAGR (Compound Annual Growth Rate)

CAGR shows the consistent growth rate of Modern Steels over a specific period, whether it is over a month, a year, or 10 years. It is a key metric to evaluate the company’s long-term growth potential. Main metrics for which CAGR is calculated are net sales, net profit, operating profit, and stock returns.

Modern Steels Technical Analysis

Technical analysis of Modern Steels helps investors get an insight into when they can enter or exit the stock. Key components of Modern Steels Technical Analysis include:

Support Levels (S1, S2, S3)

There are usually multiple support levels, but the main support levels for a stock are S1, S2, S3. Support levels indicate price points where stock might get support from buyers, helping the stock stop falling and rise.

Resistance Levels (R1, R2, R3)

There are usually multiple resistance levels, but the main resistance levels for a stock are R1, R2, R3. Resistance levels represent price points where Modern Steels shares often struggle to rise above due to selling pressure.

Modern Steels Dividends

Dividends refer to the portion of the company’s profits distributed to its shareholders. Dividends are typically paid out in cash and reflect Modern Steels ’s financial health and profitability.

Modern Steels Bonus Shares

Bonus shares are usually given by companies to make the stock more affordable, increase liquidity, boost investor confidence, and more.

Modern Steels Stock Split

Stock split increases the number of its outstanding shares by dividing each existing share into multiple shares. When the company offers a stock split, the face value of the stock reduces in the same proportion as the split ratio.

Modern Steels Financials

The financials of Modern Steels provide a complete view to investors about its net sales, net profit, operating profits, expenses, and overall financial health. Investors can analyze financial data to assess the company’s stability and also understand how the company has been growing financially.

Modern Steels Profit and Loss Statements

The profit and loss statement of Modern Steels highlights its net sales, net profit, total expenditure, and operating profits in the current financial year. This Profit and Loss statement is crucial for evaluating the profitability and financial stability of Modern Steels .

Modern Steels Balance Sheet

The balance sheet presents a snapshot of Modern Steels ’s assets, liabilities, and equity of shareholders, providing insights into the financials of the company.

Modern Steels Cashflow Statements

Cashflow statements track the company's cash inflows and outflows over a period. It is an essential tool for understanding how well the company manages its liquidity and finances.