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Modern Threads (India) Ltd (MODTHREAD)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500282 NSE: MODTHREAD Textile - Spinning | Small Cap | ModernThreads Share Price

₹44.59 0.00 (0.00%)

As on 03-Jun'26 16:59

Modern Threads (India) Ltd (MODTHREAD)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500282 NSE: MODTHREAD Textile - Spinning | Small Cap | ModernThreads Share Price

₹44.59 0.00 (0.00%)

As on 03-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹162 Cr.
Current Price
₹44.6
52-Week Low / High
₹36 / 62
TTM EPS
₹3.8
TTM Sales
₹301 Cr.
Book Value per Share
₹42.1
P/E Ratio
12.44
Higher than its 5-year historical median
Industry PE
21.5
Price to Book (P/B)
1.11
Higher than its 5-year historical median
Price to Sales (P/S)
0.54
Higher than its 5-year historical median
EV/EBITDA
7.28
Lower than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
2.57%
In line with industry median
Return on Capital Employed (ROCE)
4.47%
Underperforms industry median
Return on Assets (ROA)
1.57%
Operating Profit Margin
0.4%
Net Profit Margin
1.3%
Gross Profit Margin
3.6%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-13.46%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-96.69%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
-86.75%
Asset Quality
Promoter Holding
65.16%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹112 Cr.
Equity
₹34.8 Cr.
Face Value
₹10
All Time Low / High
₹0.70 / 92.00

Modern Threads (India) stock performance

Key Ratios
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Quality

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Valuation

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Price Trend

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Q.1 Is Modern Threads (India) Ltd a good quality company?
Modern Threads (India) Ltd is a good quality company, based on a consistently good 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 Modern Threads (India) Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Modern Threads (India) Ltd vs industry peers?
Modern Threads (India) Ltd revenue CAGR is 5.33%, compared to the industry median CAGR of 1.47%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Modern Threads (India) Ltd?
Promoters hold 65.16% of the Modern Threads (India) Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Modern Threads (India) Ltd over the last decade?
Over the last 1 year(s), the stock has delivered a CAGR of 20.27% based on the current price.

10 Year X-Ray : Login to view analysis.

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

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 29%27.5%31.3%36.6%46.8%5.5%15%239.8%25.2%4.5%-
Value Creation
Index
1.11.01.21.62.3-0.60.116.10.8-0.7-

Growth Parameters

Sales 151149165228201147223301300260301
Sales YoY Gr.--1.9%10.8%38.6%-12.1%-26.7%51.3%35.3%-0.2%-13.5%-
Adj EPS 2.72.51.72.66.40.4222.96.9-0.33.8
YoY Gr.--7.5%-31.5%50.6%149.6%-94.2%432.4%1060.4%-70%-104.4%-
BVPS (₹) -47.7-47.5-45.3-42.2-34.9-34.3-31.929.737.138.242.1
Adj Net
Profit
9.38.65.98.922.21.36.979.523.8-113
Cash Flow from Ops. 6.411.80.310.83.29.3-5.215.824.4-7.5-
Debt/CF from Ops. 30.716580.717.660.320.4-36.700-2.8-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 6.2%5.3%5.3%-13.5%
Adj EPS -178.4%-154.2%-153.4%-104.4%
BVPSNANANA2.8%
Share Price - - - -3.1%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
-6.2-5.6-3.7-5.9-16.6-1.1-6-2098.520.5-0.89.4
Op. Profit
Mgn %
6.17.54.25.11.52.55.19.5100.44.8
Net Profit
Mgn %
6.15.83.63.911.10.93.126.47.9-0.44.3
Debt to
Equity
-1.3-1.2-1.2-1.3-1.6-1.6-1.7000.20
Working Cap
Days
114119130116136173129130151189100
Cash Conv.
Cycle
68818065779976758711642

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales151149165228201147223301300260
Operating Expenses + 142138158217198144211272271259
Manufacturing Costs18182833332639484949
Material Costs10310010515213291135176171150
Employee Cost 11111722221925313438
Other Costs 11881010813171721
Operating Profit 911711331129301
Operating Profit Margin (%) 6.1%7.5%4.2%4.8%1.5%2.3%5.1%9.5%9.9%0.4%
Other Income + 224424324410
Exceptional Items 5-10121118900
Interest 1213123432
Depreciation 2223333345
Profit Before Tax 1497112528214265
Tax 0000000011
Profit After Tax 1497112528214253
PAT Margin (%) 9.2%6.1%4.5%4.7%12.6%1.2%3.6%71.1%8.5%1.3%
Adjusted EPS (₹)4.02.62.13.17.30.52.361.67.31.0
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of ModernThreads - Standalone

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

data not found
No data found!

Balance Sheet

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

Equity and Liabilities

Shareholders Fund + -157-165-157-147-121-119-111103129133
Share Capital 44353535353535353535
Reserves -201-200-192-181-156-154-146699498
Debt +1891891891891891891890021
Long Term Debt189189189189189189189000
Short Term Debt00000000021
Minority Interest0000000000
Trade Payables9102024221827393735
Others Liabilities 48646562373434353538
Total Liabilities 8998117128126122138177202227

Fixed Assets

Net Fixed Assets +32354241403941444949
Gross Block220224231212212203204208216203
Accumulated Depreciation188189189172171163163164168154
CWIP 0001000125
Investments 003000021528
Inventories25253749423960726977
Trade Receivables19192218231623404747
Cash Equivalents 81521112186892
Others Assets 541099108111119
Total Assets 8998117128126122138177202227

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 61201139-51624-8
PBT 9107102317214265
Adjustment 2235345-18263
Changes in Working Capital -41-10-4-234-18-16-8-14
Tax Paid 00-0-0-0000-0-2
Cash Flow From Investing Activity + -1-5-9-2-2-2-4-9-22-18
Capex -1-5-9-2-2-2-4-8-10-7
Net Investments 0000000-2-13-12
Others 000-0-00-0001
Cash Flow From Financing Activity + -2-0-30-1-2-3-4-320
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 001-1000000
Interest Paid 0-1-1-2-0-1-2-3-3-1
Dividend Paid 0000000000
Others -21-33-0-0-1-1-021
Net Cash Flow 46-12906-122-1-6

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)N/AN/AN/AN/AN/AN/AN/A021.882.57
ROCE (%)N/AN/AN/AN/AN/AN/AN/A239.7525.244.47
Asset Turnover Ratio1.751.591.531.861.581.181.711.911.591.21
PAT to CFO Conversion(x)0.431.33010.124.5-0.630.070.96-2.67
Working Capital Days
Receivable Days37.2046.2045.7032.5037.5048.1032.2038.2052.4065.70
Inventory Days64.3061.4068.4068.5082.80101.3081.608085.80102.50
Payable Days45.2035.505352.806380.9060.8067.6081.1088

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 (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Modern Threads (India) Ltd FAQs

The current trading price of ModernThreads on 03-Jun-2026 16:59 is ₹44.59.

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 02-Jun-2026 the market cap of ModernThreads stood at ₹162.1 Cr

The latest P/E ratio of ModernThreads as of 02-Jun-2026 is 12.44.

The latest P/B ratio of ModernThreads as of 02-Jun-2026 is 1.11.

The 52-week high of ModernThreads is ₹61.99 and the 52-week low is ₹36.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of ModernThreads is ₹301 ( Cr.) .

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

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.

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

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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About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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