MoneyWorks4Me

Modi Naturals Ltd (MODINATUR)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 519003 NSE: MODINATUR Edible Oil | Small Cap | Modi Naturals Share Price

₹352 -3.05 (-0.86%)

As on 23-Sep'26 15:32

Modi Naturals Ltd (MODINATUR)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 519003 NSE: MODINATUR Edible Oil | Small Cap | Modi Naturals Share Price

₹352 -3.05 (-0.86%)

As on 23-Sep'26 15:32

Key Metrics
Valuation Multiples
Market Cap
₹472 Cr.
Current Price
₹352
52-Week Low / High
₹261 / 526
TTM EPS
₹39.3
TTM Sales
₹720 Cr.
Book Value per Share
₹138.8
P/E Ratio
9.03
Lower than its 5-year historical median
Industry PE
36.3
Price to Book (P/B)
2.56
Lower than its 5-year historical median
Price to Sales (P/S)
0.66
Lower than its 5-year historical median
EV/EBITDA
7.95
Lower than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
34.26%
Outperforms industry median
Return on Capital Employed (ROCE)
23.80%
Outperforms industry median
Return on Assets (ROA)
13.66%
Operating Profit Margin
10.3%
Net Profit Margin
6.99%
Gross Profit Margin
9.3%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
12.96%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
31.81%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
62.04%
Asset Quality
Promoter Holding
69.09%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹171 Cr.
Equity
₹13.3 Cr.
Face Value
₹10
All Time Low / High
₹0.75 / 667.00

Modi Naturals stock performance

Key Ratios
mw4me loader

Check Before You Invest

Quality

Somewhat Good

Valuation

Somewhat Overvalued

Price Trend

Weak
Q.1 Is Modi Naturals Ltd a good quality company?
Modi Naturals Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Modi Naturals Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Modi Naturals Ltd vs industry peers?
Modi Naturals Ltd revenue CAGR is 10.19%, compared to the industry median CAGR of 0.00%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Modi Naturals Ltd?
Promoters hold 69.09% of the Modi Naturals Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Modi Naturals Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 10% based on the current price.

10 Year X-Ray :

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.
Modi Naturals Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 4.9%4.2%6%7.8%17.8%14%4.4%4%11.2%13.1%-
Value Creation
Index
-0.7-0.7-0.6-0.40.3-0-0.7-0.7-0.2-0.1-

Growth Parameters

Sales 293279296388443474418358338382387
Sales YoY Gr.--5%6.3%31.1%14%7.1%-11.9%-14.4%-5.5%13%-
Adj EPS -00.20.73.76.57.20.80.65.57.57.3
YoY Gr.-NA195.8%418.3%75.5%10.8%-89.5%-22.7%853.5%36%-
BVPS (₹) 252437.342.852.360.76269.975.683.285.4
Adj Net
Profit
-00.30.94.78.29.110.87.41010
Cash Flow from Ops. -7.72.3-6.60.89.3-12.712.415.719.41.4-
Debt/CF from Ops. -4.714.2-4.839.52.2-442.91.610.3-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 3%-2.9%-3%13%
Adj EPS NA3.1%115.6%36%
BVPS14.3%9.7%10.3%10.2%
Share Price 9.9% 25.4% 3.9% -22.9%

Key Financial Parameters

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
-00.61.98.513.112.51.20.97.69.58.6
Op. Profit
Mgn %
1.51.71.91.92.93.21.31.644.14.4
Net Profit
Mgn %
-00.10.31.21.91.90.20.22.22.62.5
Debt to
Equity
1.31.20.70.60.30.70.60.50.30.1-
Working Cap
Days
84969986818810711812110447
Cash Conv.
Cycle
7181816965708285837626

Valuation of Modi Naturals - Consolidated

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Management X-Ray

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 (%)

Financials

PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales443474418400663719
Operating Expenses + 430459413391607645
Manufacturing Costs273032355750
Material Costs347359315280466508
Employee Cost 212223263134
Other Costs 344842495253
Operating Profit 1315595674
Operating Profit Margin (%) 2.9%3.2%1.3%2.3%8.5%10.3%
Other Income + 412111
Exceptional Items 000005
Interest 1247128
Depreciation 112488
Profit Before Tax 14132-23864
Tax 341-0713
Profit After Tax 1191-13150
PAT Margin (%) 2.4%2.0%0.3%-0.3%4.7%7.0%
Adjusted EPS (₹)8.37.40.8-1.023.337.8
Dividend Payout Ratio (%)0%0%0%0%0%0%
PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 68777891122172
Share Capital 131313131313
Reserves 55656677108159
Debt +2051137156133139
Long Term Debt00888671120
Short Term Debt205049706219
Minority Interest000000
Trade Payables81218252832
Others Liabilities 252530344763
Total Liabilities 121165263306330407

Fixed Assets

Net Fixed Assets +192627149145214
Gross Block414851177180257
Accumulated Depreciation222224283543
CWIP 009101619
Investments 000000
Inventories689485968489
Trade Receivables211919274847
Cash Equivalents 154238
Others Assets 122236323430
Total Assets 121165263306330407
PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 9-13-6-74961
PBT 14132-23864
Adjustment 246122118
Changes in Working Capital -3-26-7-95-1
Tax Paid -2-3-4-1-2-10
Cash Flow From Investing Activity + 2-13-91-32-28-72
Capex 2-8-94-35-20-80
Net Investments 0-0-110-0
Others 0-541-88
Cash Flow From Financing Activity + -12309537-2112
Net Proceeds from Shares 00310-2112
Net Proceeds from Borrowing -000000
Interest Paid 000000
Dividend Paid 000000
Others -1230922700
Net Cash Flow -14-2-2-02
PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)15.8813.131.44-1.729.2734.26
ROCE (%)17.8213.943.262.3918.6823.8
Asset Turnover Ratio3.653.311.951.412.081.95
PAT to CFO Conversion(x)0.82-1.44-6N/A1.581.22
Working Capital Days
Receivable Days17.3015.4016.8021.3020.7024
Inventory Days56.2062.4077.9082.4049.5043.80
Payable Days8.2010.2017.6028.302121.70

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Modi Naturals Ltd FAQs

The current trading price of Modi Naturals on 23-Sep-2026 15:32 is ₹352.0.

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 22-Sep-2026 the market cap of Modi Naturals stood at ₹472.4 Cr

The latest P/E ratio of Modi Naturals as of 22-Sep-2026 is 48.93.

The latest P/B ratio of Modi Naturals as of 22-Sep-2026 is 4.16.

The 52-week high of Modi Naturals is ₹526.3 and the 52-week low is ₹261.0.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Modi Naturals is ₹387 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Modi Naturals Ltd is a average quality company.

The key valuation ratios of Modi Naturals Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

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

About Modi Naturals Ltd

Anil Modi Oil Industries Ltd. (AMOIL), since its inception in 1974, has emerged a leader in the edible oil and allied products industry of India. The company has won awards for processing the highest quantity of rice bran in the country for three consecutive years. The company proudly boasts of state-of-the-art technology and outstanding management through which it constantly delivers to its customers the benefit of Quality and Price.

D D Modi, of the Modi Group, was the visionary entrepreneur who established AMOIL. He began his journey in the oil industry back in 1944 with an oil plant in Punjab as part of the family business. Through the years, his knowledge gained on mustard, groundnut, cotton seed, mowrah, rice and sunflower oils has been passed on from generation to generation.

AMOIL’s manufacturing facilities are situated in the 'Tarai Region' of India at the foot of the Himalayas, giving it an exceptional location advantage. This area is the most fertile in the country, enabling AMOIL to procure high quality raw materials to deliver the best products.

AMOIL is dedicated to the research and development of the best quality of Rice Oil available. It uses latest technologies to ensure that the many good qualities Rice Oil are retained.

AMOIL’s Rice Oil is much superior to all traditional cooking oils and can be considered food as medicine. Owing to its health benefits, many snack food majors have replaced hydrogenated oils by Rice Oil for their frying needs.

Product range of the company includes:

Consumer products

  • Rice Oil: the world's healthiest oil

Industrial products

  • Refined Rice Oil
  • Refined Sunflower Oil
  • Rice Bran Wax (New!)
  • Upgraded Rice Oil
  • Solvent Extracted Rice Oil
  • De-oiled Rice Bran
  • Distilled Rice Fatty Acid
  • Solvent Extracted Sunflower Oil
  • Expeller Sunflower Oil
  • De-oiled Sunflower Cake

Benefits of AMOIL rice oil

  • Foods cooked in AMOIL's Rice Oil absorb upto 20% less oil, resulting in less calories consumed, better flavor and more economical cooking.
  • It is a good source of Vitamin E complex and antioxidants such as Gamma Oryzanol, Tocopherol, Tocotrienol, Phytosterols, Polyphenols and Squaline. These micronutrients help fight and combat the effects of aging.
  • Rice Oil has the best balance of monounsaturated, polyunsaturated and saturated fats, as recommended by National Institute of Nutrition (Hyderabad) and the World Health Organization. This helps reduce bad cholesterol and prevent heart-diseases.
  • AMOIL's Rice Oil has a high smoke point, making it ideal for frying. It is a perfect replacement for hydrogenated oils that contain unhealthy trans-fats.
  • AMOIL's Rice Oil is physically refined, unlike many other oils that are chemically (artificially) refined. This helps retain all its natural ingredients to provide a healthy and complete cooking oil.
  • The viscosity of AMOIL's Rice Oil is very low. This makes the oil feel light and enhances the flavor of food cooked in it.

Milestones:

  • 2009    -   Launch of Refined Rice Oil by up-gradation of refinery.
  • 2005    -    Establishment of oil mill in Pilibhit.
  • 2003    -    Award for 'Highest Processor of Rice Bran in India' by SEA of India.
  • 2002    -    Merger of sister concern Neha Oils Limited with AMOIL.
  • 1998    -    Expansion of Neha Oils Unit.
  • 1995    -    Expansion of refinery.
  • 1994    -    Expansion of unit 1.
  • 1992    -    Establishment of physical refinery in Pilibhit.
  • 1991    -    Rights issue at par of AMOIL equity to existing share holders.
  • 1990    -    Acquisition of Solvent plant (by sister concern Neha Oils Limited) in Pilibhit.
  • 1985    -   IPO on Bombay Stock Exchange.
  • 1985    -    Greenfield solvent extraction plant (unit 1) in Pilibhit U.P.
  • 1979    -   New, greenfield solvent extraction plant in Sunam.
  • 1974     -   The company was incorporated and an oil mill was established in Sunam, Punjab.
You have 49 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now