1. Is Modern Steels Ltd a good quality company?
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Modern Steels Ltd is a below average quality company.
2. Is Modern Steels Ltd undervalued or overvalued?
The key valuation ratios of Modern Steels Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
3. Is Modern Steels Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Modern Steels Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||-0.8%||2.4%||1.6%||-7.8%||0.3%||-17.9%||-18.1%||-54%||-107.2%||-782.2%||-|
|Value Creation Index ⓘ||-1.1||-0.8||-0.9||NA||NA||NA||NA||NA||NA||-56.9||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||0.7%||20.7%||-15.2%||17%||19.4%||-14.5%||-34.2%||-60.5%||22.2%||-|
|Adj EPS ⓘ||-10.3||-7.8||-10.5||-24.4||-2.1||-22||-18.3||-36.6||-16.4||55.3||59.1|
|YoY Gr. Rt. %||-||NA||NA||NA||NA||NA||NA||NA||NA||NA||-|
|BVPS (₹) ⓘ||26.7||18.2||16.8||-7.6||-8||-31.7||-50.1||-85.9||-57.5||-1.2||-0.5|
|Adj Net Profit ⓘ||-13||-9.8||-14.4||-33.6||-2.9||-30.2||-25.2||-50.4||-22.5||76.1||81|
|Cash Flow from Ops. ⓘ||10.9||-13.5||9.3||16.6||-12.5||-11||3.5||1.3||133||-3.3||-|
|Debt/CF from Ops. ⓘ||10.4||-11.9||18.8||11.2||-15||-17.2||53.7||143.1||0.4||-2.1||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||NA||NA||NA||NA|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||-31.5||-28.6||-49.6||-483.3||28.1||113.3||45.3||54.2||23||-191.5||-7035.7|
|Op. Profit Mgn % ⓘ||-0.9||2.5||1.9||4.9||1.6||-6.6||-6.3||-21.7||-25||0.2||1.6|
|Net Profit Mgn % ⓘ||-5||-3.7||-4.5||-12.5||-0.9||-8||-7.8||-23.8||-26.9||74.6||222.3|
|Debt to Equity ⓘ||3.4||7||7.5||-18.8||-18||-4.4||-2.7||-1.6||-0.7||-7||-|
|Working Cap Days ⓘ||152||152||149||178||152||132||133||145||223||90||0|
|Cash Conv. Cycle ⓘ||91||91||88||105||92||88||89||69||60||0||0|
No data to display
Return on Equity is Poor
Sales growth has been subdued in last 3 years 0.00%
Net Profit has been subdued in last 3 years 0.00%
Sales growth is not so good in last 4 quarters at -64.50%
|TTM EPS (₹)||59.1||-|
|TTM Sales (₹ Cr.)||36.6||-|
|BVPS (₹.) ⓘ||-0.5||-|
|Reserves (₹ Cr.) ⓘ||-14||-|
|From the Market|
|52 Week Low / High (₹)||9.38 / 30.15|
|All Time Low / High (₹)||0.26 / 62.80|
|Market Cap (₹ Cr.)||21.4|
|Equity (₹ Cr.)||13.8|
|Face Value (₹)||10|
|Industry PE ⓘ||11.8|
Modern Steels (MSL) was was incorporated on November 19, 1973 as a private limited company registered with the Registrar of Companies, Punjab, Himachal Pradesh and Chandigarh at Jalandhar, promoted by Amarjit Goyal. It was converted into a public limited company on July 11, 1974. Modern Steel is the flagship company of the progressive Modern Group.
MSL is equipped with 25 ton Arc Furnaces, with secondary refining continuous casting facilities, modern rolling mills and captive oxygen plant. It has an annual capacity of 0.1 million ton. MSL is an ISO 9002 certified company by DNV, Netherlands.
Its composite steel plant has a proven track record for more than three decades, Modern Steels caters to the requirements of special & alloy steel, hot rolled bars for engineering, automotive, bearing & allied industries.
The plant is committed to maintain world class quality standards, efficient delivery schedules, competitive pricing & immaculate after sales service. Total customer satisfaction is the fuel that drives the growth engine at Modern Steels.
It caters to OE customers which include Ashok Leyland, Escorts, Eicher, Punjab Tractors, HMT, MICO, Lucas-TVS, Sundaram Fastners, Railways, etc. and their ancillaries.
Product range of the company includes: