Modern Steels Ltd.
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4.50 0.00

23 July 2021, 04:00:00 P.M.
Volume: 1,600

Overview View Details

Sector Iron & Steel Compare with Sector peers
Industry Steel & Iron Products Compare with Industry peers
Website http://www.modernsteels.com
Financial Indicators
Market Cap 6.19 Cr.
Earnings per share (EPS) -43.04 Trailing Twelve Months Ending 2020-12
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2020-12
Industry PE 19.75 Trailing Twelve Months Ending 2020-12
Book Value / Share -104.60 Trailing Twelve Months Ending 2020-12
Price to Book Value -0.04 Calculated using Price: 4.50
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 1.38 Cr. 13,762,359 Shares
FaceValue 10
Company Profile

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:

  • Special & Alloy Steel
  • Stainless Steel
  • Bright Bars

Clientele

  • Ashok Leyland
  • Bharat Gears
  • Carraro
  • Eicher Tractors
  • Lucas TVS
  • M&M
  • Punjab Tractors and many more

Achievements/ recognition:

  • Recipient of ISO / TS – 16949:2002 certification.
  • Recipient of QS- 9000- 1998 certification.
  • Recipient of ISO -9002-1994 certification.
  • Systems are accredited by DNV, Netherlands.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
1 Week
+3.45%
1 Month
+21.62%
3 Month
+31.20%
6 Month
+52.03%
1 Year
-37.67%
2 Year
-59.09%
5 Year
-31.82%

Ratios View Details

9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) -18.79 -33.93 -37.78 -52.87 -532.43
Return on Capital Employed (%) 3.07 -2.15 2.49 3.38 5.30 1.29 -17.59 -17.70 -52.79
Return on Assets (%) -4.87 -7.29 -5.33 -5.21 -14.42 -1.13 -14.25 -14.01 -34.90

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 48 34 34 24 -10 -10 -43 -68 -118
Non Curr. Liab. 20 61 83 68 72 88 2 2 2
Curr. Liab. 131 83 106 152 159 158 230 237 228
Minority Int.
Equity & Liab. 199 177 223 244 222 235 189 170 113
Non Curr. Assets 68 73 91 90 86 77 69 66 60
Curr. Assets 131 104 132 154 135 158 120 105 52
Misc. Exp. not W/O
Total Assets 199 177 223 244 222 235 189 170 113

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 338 261 263 318 269 315 376 322 211
Other Income 4 5 4 7 2 3 2 2 0
Total Income 342 266 267 324 271 318 378 323 212
Total Expenditure -332 -265 -258 -312 -256 -310 -401 -342 -257
PBIDT 9 1 9 12 15 8 -23 -18 -46
Interest -19 -17 -20 -25 -27 -5 -2 -2 0
Depreciation -4 -5 -5 -6 -5 -5 -5 -5 -5
Taxation 4 6 5 6 -16
Exceptional Items 1
PAT -10 -14 -11 -12 -34 -3 -30 -25 -49

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 20 11 -14 9 17 -13 -11 3 1
Cash Fr. Inv. -6 -1 -19 -1 1 9 2 0 0
Cash Fr. Finan. -13 -10 36 -11 -19 13 0 -4 -2
Net Change 1 0 3 -3 -1 9 -9 -1 -1
Cash & Cash Eqvt 5 2 5 3 1 11 2 1 0

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 65.53 65.53 65.53 65.53 65.53 65.53 65.53 65.53 65.53
Public 34.47 34.47 34.47 34.47 34.47 34.47 34.47 34.47 34.47
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00

Announcements View Details

Wed, 14 Jul 2021
Shareholding for the Period Ended June 30 2021
Modern Steels Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here
Tue, 29 Jun 2021
Cancellation of Board Meeting
The Board Meeting to be held on 30/06/2021 Stands Cancelled.
Tue, 22 Jun 2021
Board Meeting Intimation for Notice Of Board Meeting For Consideration Of Audited Financial Results For The Quarter/ Year Ended 31St March 2021
MODERN STEELS LTD.-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/06/2021 inter alia to consider and approve In compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 notice is hereby given that a meeting of the Board of Directors of the Company will be held on Wednesday the 30th day of June 2021 at our Corporate Office at SCO 98-99 Sub City Centre Sector 34A Chandigarh inter alia to consider and approve the audited Financial Results of the Company for the quarter/year ended 31st March 2021

Technical Scans View Details

Fri, 23 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index
Both SRS And ARS Below Zero Both SRS And ARS Below Zero

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