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Modern Insulators

MODINSULAT
Micro Cap
(%) 1D
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1D1W1M3M6M1YMAX

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Modern Insulators Share price and Fundamental Analysis

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Incorporated as a public limited company in May '82, Modern Insulators Limited (MIL), a member of the Modern group, was promoted in the joint sector by H S Ranka and the Rajasthan State Industrial Corporation (RSICO). It manufactures various types of high-tension (HT) insulators upto 400 kV (inst. cap. : 6000 tpa) producing sectional and post insulators, solid core insulators for the Railways and bushings for transformers, apparatus insulators, solid core insulators including long rod and line post insulators in technical collaboration with Siemens, Germany. The Company is primarily engaged in the business of manufacturing insulators and terry towels.
Company Incorporation1982
ChairmanSachin Ranka
Head QuartersMumbai
Previous NameNA

Key Metrics

Market Cap (Cr)
531.55
PE Ratio
16.18
Industry P/E
31.14
PEG Ratio
-1.83
ROE
7.09%
ROCE
8.63%
ROA
6.39%
Total Debt (Cr)
19.31
Debt to Equity
0.05
Dividend Yield
0%
EPS
6.97
Book Value & P/B
98.85 x 1.14
Face Value
10
Outstanding Shares(Cr)
4.71
Current Ratio
4.94
EV to Sales
1.09

Included In

+More

Stock Returns

1 Week+0.04%
1 Month+10.87%
6 Months-27.38%
1 Year-7.32%
3 Years+145.11%
5 Years+3645.85%

CAGR

1 Year CAGR

Revenue Growth

+2.86%

Net Profit Growth

+28.96%

Operating Profit Growth

+21.18%

Dividend Growth

N/A

Stock Returns CAGR

-7.32%
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2.7
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Adj EPS in Rs - Basic

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Mar 25

Promoters : 60.20%

FIIs : 0.33%

DIIs : 1.33%

Public : 38.13%

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

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ROA

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Dividend History

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Modern Insulators Management and History

Company Management

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Company History

Incorporated as a public limited company in May '82, Modern Insulators Limited (MIL), a member of the Modern group, was promoted in the joint sector by H S Ranka and the Rajasthan State Industrial Corporation (RSICO). It manufactures various types of high-tension (HT) insulators upto 400 kV (inst. cap. : 6000 tpa) producing sectional and post insulators, solid core insulators for the Railways and bushings for transformers, apparatus insulators, solid core insulators including long rod and line post insulators in technical collaboration with Siemens, Germany. The Company is primarily engaged in the business of manufacturing insulators and terry towels.

Since inception, MIL has been facing technical problems resulting in a high degree of rejection at various stages of manufacture. With a view to help MIL overcome its resultant liquidity problems and stabilise operations on a viable footing, institutions have been extending relief by way of interest deferments and reschedulement of principal repayments. However, despite grants of reliefs / concessions, there was no appreciable improvement in the performance of MIL and it continued to incur losses. Based on the audited results for Apr.'91, a reference was made to the BIFR on the basis of which it was registered with the BIFR. However, another reference made to the BIFR on the basis of its audited accounts for the period ending 31 Oct.'92 which indicated a positive net worth, led to the case being deregistered.

MIL came out with a rights issue in Oct.'95 to implement its project involving capacity expansion from 5000 tpa to 6000 tpa. The company was awarded the certificate of merit by CAPEXIL for the year 1997-98 for outstanding export performance.

During the year 2017, the Hon'ble Board for Industrial & Financial Reconstruction (BIFR) sanctioned the Scheme of Amalgamation of Modern Terry Towels Limited (MTTL) with the Company, which became effective on 15th September, 2016. The Company further allotted 25400400 Equity Shares of the Company to the eligible shareholders of erstwhile Modern Terry Towels Limited thru' the scheme of Amalgamation. Further, the Company sold Investments in Subsidiary Company i.e. M/s Motile Power Trade Private Limited and therefore ceased to be a subsidiary of the Company during 2016-17.

During the year 2017-18, the Scheme of Arrangement between the Company (MIL) and Modern Polytex Limited (MPL) for demerger of the Yarn Division of the Company into MPL, was made effective from 01.04.2011. Pursuant to the Scheme, Yarn Division of MIL was transferred to and vested in MPL who issued one equity shares of MPL for every two equity shares to the shareholders of MIL i.e. 1,08,71,750 equity shares of Rs. 10 each as fully paid up. Modern Metal High-Tech Components Private Limited ceased to be a wholly owned subsidiary company effective from 19.06.2023.

Modern Insulators Share Price

Modern Insulators 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 Insulators Market Cap

Market capitalization of Modern Insulators 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 Insulators is valued compared to its competitors.

Modern Insulators PE Ratio

Modern Insulators PE ratio helps investors understand what is the market value of each stock compared to Modern Insulators '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 Insulators PEG Ratio

The PEG ratio of Modern Insulators 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 Insulators ROE (Return on Equity)

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

Modern Insulators ROCE (Return on Capital Employed)

Return on Capital Employed (ROCE) evaluates the profitability of Modern Insulators 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 Insulators Total Debt

Total debt of Modern Insulators 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 Insulators Debt to Equity Ratio

The Debt-to-Equity (DE) ratio of Modern Insulators 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 Insulators CAGR (Compound Annual Growth Rate)

CAGR shows the consistent growth rate of Modern Insulators 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 Insulators Technical Analysis

Technical analysis of Modern Insulators helps investors get an insight into when they can enter or exit the stock. Key components of Modern Insulators 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 Insulators shares often struggle to rise above due to selling pressure.

Modern Insulators 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 Insulators ’s financial health and profitability.

Modern Insulators Bonus Shares

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

Modern Insulators 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 Insulators Financials

The financials of Modern Insulators 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 Insulators Profit and Loss Statements

The profit and loss statement of Modern Insulators 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 Insulators .

Modern Insulators Balance Sheet

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

Modern Insulators 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.

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