Modern Shares & Stockbrokers Ltd - Stock Valuation and Financial Performance

BSE: 509760 | NSE: | Finance - Stock Broking | Small Cap

Modern Shares &Stock Share Price

61.30 -0.84 -1.35%
as on 18-Dec'24 16:59

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Modern Shares & Stockbrokers stock performance -

mw4me loader
P/E Ratio (SA):
40.39
Market Cap:
18.2 Cr.
52-wk low:
24.7
52-wk high:
69.4

Is Modern Shares & Stockbrokers Ltd an attractive stock to invest in?

1. Is Modern Shares & Stockbrokers Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Modern Shares & Stockbrokers Ltd is a below average quality company.

2. Is Modern Shares & Stockbrokers Ltd undervalued or overvalued?

The key valuation ratios of Modern Shares & Stockbrokers Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Modern Shares & Stockbrokers Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Modern Shares & Stockbrokers 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 Modern Shares &Stock:

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 Shares & Stockbrokers Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 4.4%1.7%1.7%2.8%-4.5%-3.3%0.4%3.3%2%4.3%-
Value Creation
Index
-0.7-0.9-0.9-0.8-1.3-1.2-1.0-0.8-0.9-0.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 2.72.42.44.22.52.32.63.333.44
Sales YoY Gr.--11.9%0%77.3%-40.3%-9.9%14.1%25.9%-8.9%14.1%-
Adj EPS 1.30.50.50.7-1.8-1.40.110.61.41.5
YoY Gr.--64.8%4.4%51.1%-353.5%NANA772.7%-35.4%117.7%-
BVPS (₹) 42.842.743.143.240.939.639.840.941.442.943.9
Adj Net
Profit
0.40.10.10.2-0.5-0.400.30.20.40
Cash Flow from Ops. 2-2.8-2.2-0.4-4.10.8-3.3-2.51.9-2.3-
Debt/CF from Ops. 000000-000.90-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 2.6%6.1%9.4%14.1%
Adj EPS 0.6%NA130.7%117.7%
BVPS0%1%2.6%3.7%
Share Price 16% 53.4% 47.1% 114.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
31.11.11.6-4.3-3.40.32.41.53.23.6
Op. Profit
Mgn %
-11.8-29.3-23.7-5.5-2.7-10.23.412.49.417.518.2
Net Profit
Mgn %
13.95.55.84.9-21-17.71.38.76.211.712.3
Debt to
Equity
000000000.100
Working Cap
Days
2572862951866329159921,0561,067981682
Cash Conv.
Cycle
-451-470-179-39-136-170-372-309-58-192607

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 3.50%

Net Profit is growing at healthy rate in last 3 years 130.66%

Sales growth is good in last 4 quarters at 30.18%

Sales growth has been subdued in last 3 years 9.39%

Latest Financials - Modern Shares & Stockbrokers Ltd.

Standalone Consolidated
TTM EPS (₹) 1.5 -
TTM Sales (₹ Cr.) 3.7 -
BVPS (₹.) 43.9 -
Reserves (₹ Cr.) 10 -
P/BV 1.41 -
PE 40.39 -
From the Market
52 Week Low / High (₹) 24.72 / 69.35
All Time Low / High (₹) 3.61 / 95.00
Market Cap (₹ Cr.) 18.2
Equity (₹ Cr.) 2.9
Face Value (₹) 10
Industry PE 26.3

Management X-Ray of Modern Shares &Stock:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Modern Shares &Stock

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Income3.633.343.224.942.522.272.593.262.973.39
Interest Income2.702.382.384.222.522.272.593.262.973.39
Other Income 0.930.960.840.730000.0100
Expenditure 3.103.143.034.483.092.672.552.892.742.85
Interest Expense 0.010.010.010.010.010.010.020.010.020.02
Operating Expenses 3.083.112.984.472.582.522.442.752.482.61
Provisions 00.010.0400.500.140.100.120.240.22
Exceptional Items 000-0.12000000
Profit Before Tax 0.530.200.190.34-0.57-0.400.030.370.230.54
Taxes 0.160.070.060.13-0.040.0100.090.050.15
Profit After Tax 0.380.130.140.21-0.53-0.400.030.280.180.40
Adjusted EPS (₹)1.30.50.50.7-1.8-1.40.11.00.61.4
Dividend Payout Ratio (%)78%111%107%71%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

Equity Capital12.5512.5012.6412.6711.9811.5911.6611.9712.1312.57
Share Capital 2.932.932.932.932.932.932.932.932.932.93
Reserves 9.629.579.719.749.058.668.739.049.209.64
Minority Interest0000000000
Long Term Borrowings-0.06-0.06-0.07-0.06-0.09-0.05-0.02-0.08-0.08-0.08
Current Liabilities 5.222.881.511.682.682.764.342.574.483.61
Trade Payables4.402.151.021.151.401.402.810.931.382.03
Short term borrowings000000001.600
Other Liabilities-4.40-2.15-1.02-1.15-1.40-1.40-2.81-0.93-2.99-2.03
Total Liabilities 17.7115.3214.0814.2914.5714.3115.9914.4616.5316.10

Assets

Non Current Asset 1.781.751.731.601.200.940.897.624.188.63
Loan Asset 0000000000
Other Non Current Asset 1.781.751.731.601.200.940.897.624.188.63
Current Asset 15.9213.5712.3512.6913.3713.3715.106.8412.357.47
Current Investment0000000000
Other Current Asset15.9213.5712.3512.6913.3713.3715.106.8412.357.47
Total Assets 17.7115.3214.0814.2914.5714.3115.9914.4616.5316.10

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 1.96-2.77-2.15-0.36-4.100.76-3.28-2.451.89-2.31
Cash Flow From Investing Activity 1.400.930.830.720.690.740.670.510.530.62
Cash Flow From Financing Activity -0.34-0.35-0.18-0.18-0.180.030.04-0.061.60-1.60
Net Cash Flow 3.01-2.20-1.500.18-3.591.53-2.57-24.02-3.29
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Operational & Financial Ratios

EPS (₹)1001-2-10111
DPS (₹)1111000000
BVPS (₹)43434343414040414143

Performance Ratios

ROA (%)2.30.80.91.5-3.7-2.80.21.91.22.4
ROE (%)3.01.11.11.6-4.3-3.40.32.41.53.2
ROCE (%)4.41.71.72.8-4.5-3.30.43.32.04.3

Valuation Parameters

Price/Book(x)0.50.50.60.40.00.00.20.50.40.8

Modern Shares & Stockbrokers Ltd Stock News

Modern Shares & Stockbrokers Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Modern Shares &Stock on 18-Dec-2024 16:59 is ₹61.30.
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 18-Dec-2024 16:59 the market cap of Modern Shares &Stock stood at ₹18.21.
The latest P/E ratio of Modern Shares &Stock as of 18-Dec-2024 16:59 is 40.39.
The latest P/B ratio of Modern Shares &Stock as of 18-Dec-2024 16:59 is 1.41.
The 52-week high of Modern Shares &Stock is ₹69.35 and the 52-week low is ₹24.72.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Modern Shares &Stock is ₹3.67 ( Cr.) .

About Modern Shares & Stockbrokers Ltd

Modern Shares And Stockbrokers is a listed public limited company managed by a team of professionals led by Anil Manghnani & P Neppolian. The company handles turnover of more than Rs 2000 crore and has managed portfolios of more than Rs.20 crore.

The company is a member of the National Stock Exchange of India Ltd and is also a SEBI registered Portfolio Manager. The team comprises of CAs, MBAs and technical analysts who have experience of over a decade in broking, investments, research and portfolio management.

The team’s experience combined with their in-house research of companies, technical analysis on an on-line basis and our experience in dealing in equities and derivatives is what gives them the confidence to handle large portfolios.

Services being offered by the company :

  • Retail Broking Their retail broking business caters to the needs of individual Indian and Non-Resident Indian (NRI) investors. They offer dealer assisted trade execution and access to all IPO's. They offer purchase and sale of securities which includes equity and derivatives instruments listed on National Stock Exchange of India Ltd (NSEIL) at the most competitive rates.
  • Portfolio Management The company believes in taking moderate risks, whatever be the tenure of investment. The company is presently offering two schemes in its Portfolio Management Services - one for long term investors and the other for short-to-medium term investors. Both the schemes are discretionary type; i.e. complete management is done by the company. Long Term Investments: This is meant for those investors who want to have a 6 months to 18 months view of the investments.
  • Short/Medium Term Investments: This scheme is meant for those who want to trade regularly in the market in order to keep risk exposure to the minimum. 
  • Mutual Fund Distribution Investing in Mutual funds is a maze what with plethora of funds in circulation like sectoral funds, index funds, tax plan funds, growth funds, money market funds, etc.
  • Research Technical Research/Analysis: This is their niche area. Their technical team will guide you with precise intraday technical levels for all the BSE & NSE listed scrips, immensely helping you in your day trading in any kind of market, whether bullish or bearish. For swing trading clients, their team is equally adept at giving you precise technical levels by using specialist technical tools to catch every major swing in the market.
  • Market Wizard: Their team comes out with a bi-monthly newsletter called ' Market Wizard '.This covers their perspective of the Indices namely the Sensex both fundamentally and technically. They also cover one Technical Pick and One Funadamental Pick.
  • Advisory services.
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