Modern Threads (India) Ltd - Stock Valuation and Financial Performance

BSE: 500282 | NSE: MODTHREAD | Textile - Spinning | Small Cap

ModernThreads Share Price

40.59 1.63 4.18%
as on 27-Feb'25 16:59

DeciZen - make an informed investing decision on ModernThreads

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Modern Threads (India) stock performance -
40.59 5.0014.00% past year

Price Chart, Live Stock Chart, Technical Chart of
P/E Ratio (SA):
27.59
Market Cap:
141.2 Cr.
52-wk low:
31
52-wk high:
76.3

Is Modern Threads (India) Ltd an attractive stock to invest in?

1. Is Modern Threads (India) Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Modern Threads (India) Ltd is a good quality company.

2. Is Modern Threads (India) Ltd undervalued or overvalued?

The key valuation ratios of Modern Threads (India) Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Modern Threads (India) Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Modern Threads (India) Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of ModernThreads:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Modern Threads (India) Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE %
17.1%29%27.5%31.3%36.6%46.8%5.5%15%239.8%25.2%-
Value Creation
Index
0.21.11.01.21.62.3-0.60.116.10.8-

Growth Parameters

Growth Parameters Colour Code Guide

Sales
143151149165228201147223301300267
Sales YoY Gr.
-6%-1.9%10.8%38.6%-12.1%-26.7%51.3%35.3%-0.2%-
Adj EPS
2.12.72.51.72.66.40.4222.96.91.5
YoY Gr.
-26.4%-7.5%-31.5%50.6%149.6%-94.2%432.4%1060.4%-70%-
BVPS (₹)
-51.7-47.7-47.5-45.3-42.2-34.9-34.3-31.929.737.137.3
Adj Net
Profit
7.49.38.65.98.922.21.36.979.523.85
Cash Flow from Ops.
8.56.411.80.310.83.29.3-5.215.824.4-
Debt/CF from Ops.
24.330.716580.717.660.320.4-36.700-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 8.6%5.7%26.9%-0.2%
Adj EPS 13.9%21.8%164.5%-70%
BVPSNANANA25%
Share Price - - - 19%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
-4.6-6.2-5.6-3.7-5.9-16.6-1.1-6-2098.520.54
Op. Profit
Mgn %
6.26.17.54.25.11.52.55.19.5102
Net Profit
Mgn %
5.26.15.83.63.911.10.93.126.47.91.9
Debt to
Equity
-1.2-1.3-1.2-1.2-1.3-1.6-1.6-1.700-
Working Cap
Days
115114119130116136173129130151103
Cash Conv.
Cycle
5768818065779976758751

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 4.00%

Sales growth is growing at healthy rate in last 3 years 26.88%

Net Profit is growing at healthy rate in last 3 years 164.54%

Sales growth is not so good in last 4 quarters at -9.96%

Latest Financials - Modern Threads (India) Ltd.

Standalone Consolidated
TTM EPS (₹) 1.5 -
TTM Sales (₹ Cr.) 267 -
BVPS (₹.) 37.3 -
Reserves (₹ Cr.) 95 -
P/BV 1.09 -
PE 27.59 -
From the Market
52 Week Low / High (₹) 30.95 / 76.30
All Time Low / High (₹) 0.70 / 92.00
Market Cap (₹ Cr.) 141
Equity (₹ Cr.) 34.8
Face Value (₹) 10
Industry PE 21.1

Quarterly Results

 Mar'24 YoY Gr. Rt. %Jun'24 YoY Gr. Rt. %Sep'24 YoY Gr. Rt. %Dec'24 YoY Gr. Rt. %
Sales (₹ Cr.) 74.6 4.358.1 -20.862.3 -19.972.3 -3.5
Adj EPS (₹) 1.4 -52.90.1 -97.70.1 -94.9-0 -102
Op. Profit Mgn % 7.54 -588 bps2.92 -869 bps-2.20 -1164 bps-0.72 -1150 bps
Net Profit Mgn % 6.38 -779 bps0.32 -982 bps0.51 -739 bps-0.21 -969 bps

Management X-Ray of ModernThreads:

Shareholding Pattern

JavaScript chart by amCharts 3.21.5
JavaScript chart by amCharts 3.21.5Promoters:65.1%Institutions:12.13%Non-Institutions:22.78%

Promoter's Holding & Share Pledging

JavaScript chart by amCharts 3.21.5Sep22Dec22Mar23Jun23Sep23Dec23Mar24Jun24Sep24Dec240%10%20%30%40%50%60%70%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Valuation of ModernThreads

MRP
spaceLock icon
MOS
spaceLock icon%
DP
spaceLock icon
Base EPS
spaceLock icon
DPS
spaceLock icon
MRP: ₹ 0
DP: ₹0
Base EPS ₹:
DPS ₹:
MOS (%):
Expected EPS Growth Rate:
0%
Base 0%
50%
Expected Rate of Return:
0%
Base 0%
50%
Future PE:
0
Base 0
200
YTD 1Y 3Y 5Y 10Y Max
YTD 1Y 3Y 5Y 10Y Max
YTD 1Y 3Y 5Y 10Y Max
YTD 1Y 3Y 5Y 10Y Max

Event Update

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Analyst's Notes

No data found!

Key Ratios of ModernThreads

Adj EPS (Rs.)

Price Chart, Live Stock Chart, Technical Chart of

Sales (Cr.)

Price Chart, Live Stock Chart, Technical Chart of

ROE (%)

Price Chart, Live Stock Chart, Technical Chart of

ROCE (%)

Price Chart, Live Stock Chart, Technical Chart of
Company Name CMP(₹)
Change ₹(%)
Market Cap
Net Sales (₹ Cr.)
Latest EPS (₹)
Net Profit Margin %
Latest P/E
Latest P/BV
Trident 26.6 -0.5 (-2%) Small Cap 6,730 0.6 5.2 45.4 3.1
Filatex India 39.3 -2.2 (-5.2%) Small Cap 4,286 2.9 2.5 13.6 1.4
Nahar Spinning Mills 201.3 -8.8 (-4.2%) Small Cap 3,050 -2.9 -1.2 - 0.5
Sanathan Textiles 310.7 -1.1 (-0.3%) Small Cap 2,957 16.7 4.5 18.6 1.3
Nitin Spinners 313.2 -6.6 (-2.1%) Small Cap 2,906 29.9 4.5 10.5 1.4
Sutlej Textiles&Inds 39.6 -1.7 (-4.1%) Small Cap 2,703 -5 -4.9 - 0.7
Nahar Ind.Enterprise 101.2 -2.9 (-2.7%) Small Cap 1,472 4.9 0.5 20.8 0.5
GHCL Textiles 76.7 0.1 (0.1%) Small Cap 1,054 5.4 2.1 14.1 0.5
Sumeet Inds 4.8 0 (0%) Small Cap 985 -98.3 -6 - -0.5
Precot - 0 (0%) Small Cap 978 34.4 1 12.6 1.2
Shows rows:

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales143151149165228201147223301300
Operating Expenses 135142138158217198144211272271
Manufacturing Costs17181828333326394849
Material Costs9810310010515213291135176171
Employee Cost 9111117222219253134
Other Costs 10118810108131717
Operating Profit 891171133112930
Operating Profit Margin (%) 5.7%6.1%7.5%4.2%4.8%1.5%2.3%5.1%9.5%9.9%
Other Income 22244243244
Interest 1121312343
Depreciation 2222333334
Exceptional Items 05-1012111890
Profit Before Tax 7149711252821426
Tax 0000000001
Profit After Tax 7149711252821425
PAT Margin (%) 5.2%9.2%6.1%4.5%4.7%12.6%1.2%3.6%71.1%8.5%
Adjusted EPS (₹)2.24.02.62.13.17.30.52.361.67.3
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund -171-157-165-157-147-121-119-111103129
Share Capital 44443535353535353535
Reserves -214-201-200-192-181-156-154-1466994
Minority Interest0000000000
Debt18718918918918918918918900
Long Term Debt18718918918918918918918900
Short Term Debt0000000000
Trade Payables1691020242218273937
Others Liabilities 52486465623734343535
Total Liabilities 838998117128126122138177202

Fixed Assets

Gross Block219220224231212212203204208216
Accumulated Depreciation186188189189172171163163164168
Net Fixed Assets33323542414039414449
CWIP 0000100012
Investments 00030000215
Inventories28252537494239607269
Trade Receivables12191922182316234047
Cash Equivalents 58152111218689
Others Assets65410991081111
Total Assets 838998117128126122138177202

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 861201139-51624
PBT 7910710231721426
Adjustment 22235345-1826
Changes in Working Capital -1-41-10-4-234-18-16-8
Tax Paid 0000000000
Cash Flow From Investing Activity 1-1-5-9-2-2-2-4-9-22
Capex -3-1-5-9-2-2-2-4-8-10
Net Investments 30000000-2-13
Others 0000000000
Cash Flow From Financing Activity -6-20-30-1-2-3-4-3
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0001-100000
Interest Paid -10-1-1-20-1-2-3-3
Dividend Paid 0000000000
Others -5-21-3300-1-10
Net Cash Flow 446-12906-122-1
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)N/AN/AN/AN/AN/AN/AN/AN/A021.88
ROCE (%)N/AN/AN/AN/AN/AN/AN/AN/A239.7525.24
Asset Turnover Ratio1.751.751.591.531.861.581.181.711.911.59
PAT to CFO Conversion(x)1.140.431.33010.124.5-0.630.070.96
Working Capital Days
Receivable Days35374646323748323852
Inventory Days666461686983101828086
Payable Days61453553536381616881

Modern Threads (India) Ltd Stock News

Modern Threads (India) Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of ModernThreads on 27-Feb-2025 16:59 is ₹40.59.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 27-Feb-2025 16:59 the market cap of ModernThreads stood at ₹141.2.
The latest P/E ratio of ModernThreads as of 27-Feb-2025 16:59 is 27.59.
The latest P/B ratio of ModernThreads as of 27-Feb-2025 16:59 is 1.09.
The 52-week high of ModernThreads is ₹76.30 and the 52-week low is ₹30.95.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of ModernThreads is ₹267.2 ( Cr.) .

About Modern Threads (India) Ltd

Modern Threads (India) Limited is a Public incorporated on August 28, 1980. The company’s Modern Woollens Division is having its plant at Bhilwara, Rajasthan, is a highly acclaimed name, as manufacturers and exporters of wool and blended worsted yarn from India. Modern Threads Division is having its plant at Raila, District Bhilwara, Rajasthan. The Company has achieved an international pre-eminence in the field of processing wool during the course of time. Enforcing strict quality control in a well-equipped laboratory with ‘Inter-Wool Lab’ accredited measuring instruments.

Business area of the company

The company is one of the biggest manufacturers and exporters of wool and blended worsted yarn from India.

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