Modi Naturals Ltd (519003) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 519003 | NSE: | Edible Oil | Small Cap

Modi Naturals Share Price

402.25 -4.35 -1.07%
as on 05-Dec'25 16:59

Modi Naturals Ltd (519003) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 519003 | NSE: | Edible Oil | Small Cap

DeciZen - make an informed investing decision on Modi Naturals

Based on:

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Modi Naturals stock performance -

Key Ratios
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P/E Ratio (SA):
63.88
Market Cap:
535.3 Cr.
52-wk low:
319.8
52-wk high:
667

Is Modi Naturals Ltd an attractive stock to invest in?

1. Is Modi Naturals Ltd a good quality company?

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

2. Is Modi Naturals Ltd undervalued or overvalued?

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

3. Is Modi Naturals Ltd a good buy now?

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.

10 Year X-Ray of Modi Naturals:

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 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'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 13.2%4.9%4.2%6%7.8%17.8%14%4.4%4%11.2%-
Value Creation
Index
-0.1-0.7-0.7-0.6-0.40.3-0-0.7-0.7-0.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 272293279296388443474418358338340
Sales YoY Gr.-7.9%-5%6.3%31.1%14%7.1%-11.9%-14.4%-5.5%-
Adj EPS 2-00.20.73.76.57.20.80.65.56.3
YoY Gr.--100.5%NA195.8%418.3%75.5%10.8%-89.5%-22.7%853.5%-
BVPS (₹) 23.3252437.342.852.360.76269.975.679.9
Adj Net
Profit
2.2-00.30.94.78.29.110.87.48
Cash Flow from Ops. -7.4-7.72.3-6.60.89.3-12.712.415.719.4-
Debt/CF from Ops. -4.8-4.714.2-4.839.52.2-442.91.6-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 2.5%-2.7%-10.7%-5.5%
Adj EPS 12.3%8.5%-8.3%853.5%
BVPS14%12.1%7.6%8.1%
Share Price 18.5% 48.9% 26.7% -27.1%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
7.1-00.61.98.513.112.51.20.97.68.1
Op. Profit
Mgn %
3.41.51.71.91.92.93.21.31.643.9
Net Profit
Mgn %
0.8-00.10.31.21.91.90.20.22.22.5
Debt to
Equity
1.41.31.20.70.60.30.70.60.50.30
Working Cap
Days
7884969986818810711812152
Cash Conv.
Cycle
6171818169657082858326

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 8.10%

Sales growth has been subdued in last 3 years -10.68%

Net Profit has been subdued in last 3 years -8.25%

Sales growth is not so good in last 4 quarters at 6.41%

Latest Financials - Modi Naturals Ltd.

Standalone Consolidated
TTM EPS (₹) 6.3 27.5
TTM Sales (₹ Cr.) 340 671
BVPS (₹.) 79.9 106.7
Reserves (₹ Cr.) 93 129
P/BV 5.03 3.77
PE 63.88 14.65
From the Market
52 Week Low / High (₹) 319.75 / 667.00
All Time Low / High (₹) 0.75 / 667.00
Market Cap (₹ Cr.) 535
Equity (₹ Cr.) 13.3
Face Value (₹) 10
Industry PE 42.1

Management X-Ray of Modi Naturals:

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 (%)

Valuation of Modi Naturals - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

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No data found!

Key Ratios of Modi Naturals

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales272293279296388443474418358338
Operating Expenses 263289274291381430459412352325
Manufacturing Costs16192023242730322923
Material Costs210223209220301347359315252228
Employee Cost 13161718202122232325
Other Costs 23302930363448424848
Operating Profit 9546813156613
Operating Profit Margin (%) 3.3%1.5%1.5%1.9%1.9%2.9%3.2%1.3%1.6%4.0%
Other Income 0000041213
Interest 3332312445
Depreciation 1111111221
Exceptional Items 0000000000
Profit Before Tax 4002414132110
Tax 2002-134103
Profit After Tax 2-0-015119118
PAT Margin (%) 0.7%-0.0%-0.0%0.3%1.2%2.4%2.0%0.3%0.3%2.3%
Adjusted EPS (₹)1.8-0.00.00.73.78.37.40.90.75.8
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund 323232535768777993101
Share Capital 11111113131313131313
Reserves 20202140455565668087
Minority Interest0000000000
Debt35353231322051494530
Long Term Debt1211000000
Short Term Debt34333130322050494530
Trade Payables6447781215116
Others Liabilities 14292923232525242026
Total Liabilities 879997113120121165166169162

Fixed Assets

Gross Block34373739404143434344
Accumulated Depreciation16171819212222242526
Net Fixed Assets 18201920191921201817
CWIP 0000000000
Investments 00000015273535
Inventories44585766686894857362
Trade Receivables1310812162119191819
Cash Equivalents 1211211311
Others Assets 11101316151216132528
Total Assets 879997113120121165166169162

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity -7-82-719-13121619
PBT 4002414132110
Adjustment -1632724665
Changes in Working Capital -7-102-10-7-3-2511138
Tax Paid -1-100-1-2-3-4-1-1
Cash Flow From Investing Activity 0-2-1-2-12-18-14-22-4
Capex 0-2-1-2-12-3-0-0-1
Net Investments 0000-00-0-110
Others 000000-15-12-23-4
Cash Flow From Financing Activity 711-381-123026-15
Net Proceeds from Shares 0100100003100
Net Proceeds from Borrowing 00000-00000
Interest Paid 0000000000
Dividend Paid 0000000000
Others 71-3-21-1230-2-4-15
Net Cash Flow -01-1-01-1-01-00

Finance Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)7.47-0.07-0.022.429.1317.4813.151.511.067.9
ROCE (%)13.214.874.195.967.7917.8213.954.43411.17
Asset Turnover Ratio3.323.152.842.813.333.673.312.522.142.04
PAT to CFO Conversion(x)-3.5N/AN/A-70.20.82-1.4412162.38
Working Capital Days
Receivable Days16141212131515171920
Inventory Days56637576635662788073
Payable Days148798810161814

Modi Naturals Ltd Stock News

Modi Naturals Ltd FAQs

The current trading price of Modi Naturals on 05-Dec-2025 16:59 is ₹402.2.
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 04-Dec-2025 the market cap of Modi Naturals stood at ₹535.2.
The latest P/E ratio of Modi Naturals as of 04-Dec-2025 is 63.88.
The latest P/B ratio of Modi Naturals as of 04-Dec-2025 is 5.03.
The 52-week high of Modi Naturals is ₹667.0 and the 52-week low is ₹319.8.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Modi Naturals is ₹339.9 ( Cr.) .

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.
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