Modern Steels Ltd.

26.83 -1.41 ▼-5.0%

29 November 2023, 01:04:00 PM
Volume: 13,562

Company Profile

Sector Iron & Steel Compare with Sector peers
Industry Steel & Iron Products Compare with Industry peers
Website http://www.modernsteels.com
Market Cap 36.92 Cr.
Enterprise Value(EV) 40.13 Cr. 2023-09
Financial Indicators
Earnings per share (EPS) 9.08 Trailing Twelve Months Ending 2023-09
Price-Earning Ratio (PE) 2.96 Trailing Twelve Months Ending 2023-09
Industry PE 32.23 Trailing Twelve Months Ending 2023-09
Book Value / Share 8.60 Trailing Twelve Months Ending 2023-09
Price to Book Value 3.12 Calculated using Price: 26.83
Dividend Yield 0.00 Period Ending 2023-03
No. of Shares Subscribed 1.38 Cr. 13,762,359 Shares
FaceValue 10
About Modern Steels Ltd.
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.

Modern Steels Ltd. Delivery

Delivered Qty
Traded Qty

Modern Steels Ltd. Performance

1 Day
-4.99%
1 Week
-21.20%
1 Month
+52.10%
3 Month
+76.51%
6 Month
+79.83%
1 Year
+91.64%
2 Year
+631.06%
5 Year
+139.34%
10 Year
+58.76%

Modern Steels Ltd. Fundamental Ratios

9 years 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03 2022-03 2023-03
Return on Equity (%) -52.87 -532.43 262.75
Return on Capital Employed (%) 3.38 5.30 1.29 -17.59 -17.70 -52.78 -106.52 139.84
Return on Assets (%) -5.21 -14.42 -1.13 -14.25 -14.01 -34.89 -21.66 150.11 133.94

Modern Steels Ltd. Balance Sheet

Particulars 10 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr. 2023-09* Rs. Cr.
Shh. Funds 24 -10 -10 -43 -68 -118 -79 -1 13 12
Non Curr. Liab. 68 72 88 2 2 2 2
Curr. Liab. 152 159 158 230 237 228 171 7 1 2
Minority Int.
Equity & Liab. 244 222 235 189 170 113 95 6 14 14
Non Curr. Assets 90 86 77 69 66 60 56 0 0 0
Curr. Assets 154 135 158 120 105 52 39 6 14 14
Misc. Exp. not W/O
Total Assets 244 222 235 189 170 113 95 6 14 14

Modern Steels Ltd. Profit and Loss

Particulars 10 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr. 2023-09 Rs. Cr. TTM
Net Sales 318 269 315 376 322 211 84 102
Other Income 7 2 3 2 2 0 4 81 20 19
Total Income 324 271 318 378 323 212 87 183 20 19
Total Expenditure -312 -256 -310 -401 -342 -257 -104 -102 -1 -1
PBIDT 12 15 8 -23 -18 -46 -17 81 19 18
Interest -25 -27 -5 -2 -2 0 0 -1 0 0
Depreciation -6 -5 -5 -5 -5 -5 -5 -4
Taxation 6 -16
Exceptional Items 1 -5 -5
PAT -12 -34 -3 -30 -25 -49 -23 76 14 12
Adjusted EPS -9 -24 -2 -22 -18 -36 -16 55 10 9

Modern Steels Ltd. Cash Flow

Particulars 10 years 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. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr.
Cash Fr. Operatn. -14 9 17 -13 -11 3 1 133 -3 0
Cash Fr. Inv. -19 -1 1 9 2 0 0 0 52
Cash Fr. Finan. 36 -11 -19 13 0 -4 -2 -132 -49 0
Net Change 3 -3 -1 9 -9 -1 -1 0 0 0
Cash & Cash Eqvt 5 3 1 11 2 1 0 0 0 1

Modern Steels Ltd. Shareholding Pattern

9 Qtrs 2021-09 (%) 2021-12 (%) 2022-03 (%) 2022-06 (%) 2022-09 (%) 2022-12 (%) 2023-03 (%) 2023-06 (%) 2023-09 (%)
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 0.00

Modern Steels Ltd. Announcements

Thu, 09 Nov 2023
Announcement under Regulation 30 (LODR)-Newspaper Publication
In compliance with Regulation 30 of the SEBI (LODR) Regulations 2015 please find enclosed the disclosure of newspaper publication of Financial Results for the quarter ended 30th September 2023. This is for your information and records.
Wed, 08 Nov 2023
Board Meeting Outcome for OUTCOME OF THE MEETING OF BOARD OF DIRECTORS
Pursuant to Regulation 30 read with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015 we wish to inform you that the Board of Directors in their meeting held today i.e. Wednesday the 8th November 2023 at Chandigarh considered and approved the following along with other Agenda Items:Un-audited Financial Results for the quarter and half year ended 30th September 2023 pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 along with the copy of Limited Review Report thereon (Copy enclosed). Please note that the Board of Directors meeting commenced at 03:00 P.M. and concluded at 03:20 p.m. on 8th November 2023This is for your information and doing the needful.
Wed, 08 Nov 2023
Results For The Quarter And Half Year Ended 30Th September 2023
Pursuant to the SEBI (LODR) Regulations 2015 we wish to inform that the Board of Directors in their meeting held today i.e. Wednesday 08.11.2023 at Chandigarh to consider and approve the un audited Financial Results for the quarter and half year ended 30.09.2023 along with the Limited Review Report issued by the Statutory Auditors of the Company. This is for your information and doing the needful.

Modern Steels Ltd. Technical Scans

Tue, 28 Nov 2023
High Delivery Percentage High Delivery Percentage
Close Crossing Last Week Low Close Crossing Last Week Low
Opening at High Opening at High
Closing Below Previous Low Closing Below Previous Low
Closing Below Previous Low for 3 days Closing Below Previous Low for 3 days

Modern Steels Ltd. Related Stocks

Stock Name Market Cap(Rs. Cr.) LTP Chg %
JSW Steel Ltd. 191,271.18 790.10 +1.0%
Tata Steel Ltd. 155,029.24 127.70 +0.7%
Jindal Steel & Power Ltd. 68,157.19 666.25 -0.3%
APL Apollo Tubes Ltd. 46,125.28 1,659.15 -0.2%
Jindal Stainless Ltd. 42,975.05 520.40 -0.4%
Steel Authority Of India Ltd. 37,558.87 91.20 +0.3%
Motherson Sumi Wiring India Ltd. 26,805.18 60.55 -0.2%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
JSW Steel Ltd. Consolidated 2023-09 20.67 790.10 +1.0%
Tata Steel Ltd. Consolidated 2023-09 0.00 127.70 +0.7%
Jindal Steel & Power Ltd. Consolidated 2023-09 16.80 666.25 -0.3%
APL Apollo Tubes Ltd. Consolidated 2023-09 60.10 1,659.15 -0.2%
Jindal Stainless Ltd. Consolidated 2023-09 16.53 520.40 -0.4%
Steel Authority Of India Ltd. Consolidated 2023-09 11.67 91.20 +0.3%
Motherson Sumi Wiring India Ltd. Standalone 2023-09 51.19 60.55 -0.2%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
JSW Steel Ltd. Consolidated 2023-09 2.59 790.10 +1.0%
Tata Steel Ltd. Consolidated 2023-09 1.75 127.70 +0.7%
Jindal Steel & Power Ltd. Consolidated 2023-09 1.64 666.25 -0.3%
APL Apollo Tubes Ltd. Consolidated 2023-09 14.05 1,659.15 -0.2%
Jindal Stainless Ltd. Consolidated 2023-09 3.24 520.40 -0.4%
Steel Authority Of India Ltd. Consolidated 2023-09 0.67 91.20 +0.3%
Motherson Sumi Wiring India Ltd. Standalone 2023-09 20.36 60.55 -0.2%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
JSW Steel Ltd. Consolidated 2023-03 1.21 790.10 +1.0%
Tata Steel Ltd. Consolidated 2023-03 0.76 127.70 +0.7%
Jindal Steel & Power Ltd. Consolidated 2023-03 0.32 666.25 -0.3%
APL Apollo Tubes Ltd. Consolidated 2023-03 0.29 1,659.15 -0.2%
Jindal Stainless Ltd. Consolidated 2023-03 0.32 520.40 -0.4%
Steel Authority Of India Ltd. Consolidated 2023-03 0.56 91.20 +0.3%
Motherson Sumi Wiring India Ltd. Standalone 2023-03 0.06 60.55 -0.2%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
JSW Steel Ltd. Consolidated 2023-03 6.26 790.10 +1.0%
Tata Steel Ltd. Consolidated 2023-03 7.48 127.70 +0.7%
Jindal Steel & Power Ltd. Consolidated 2023-03 8.59 666.25 -0.3%
APL Apollo Tubes Ltd. Consolidated 2023-03 23.51 1,659.15 -0.2%
Jindal Stainless Ltd. Consolidated 2023-03 22.13 520.40 -0.4%
Steel Authority Of India Ltd. Consolidated 2023-03 4.00 91.20 +0.3%
Motherson Sumi Wiring India Ltd. Standalone 2023-03 39.83 60.55 -0.2%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
JSW Steel Ltd. Consolidated 2023-03 6.26 790.10 +1.0%
Tata Steel Ltd. Consolidated 2023-03 7.48 127.70 +0.7%
Jindal Steel & Power Ltd. Consolidated 2023-03 8.59 666.25 -0.3%
APL Apollo Tubes Ltd. Consolidated 2023-03 23.51 1,659.15 -0.2%
Jindal Stainless Ltd. Consolidated 2023-03 22.13 520.40 -0.4%
Steel Authority Of India Ltd. Consolidated 2023-03 4.00 91.20 +0.3%
Motherson Sumi Wiring India Ltd. Standalone 2023-03 39.83 60.55 -0.2%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
JSW Steel Ltd. Consolidated 2023-03 165,960.00 790.10 +1.0%
Tata Steel Ltd. Consolidated 2023-03 243,352.69 127.70 +0.7%
Jindal Steel & Power Ltd. Consolidated 2023-03 52,711.18 666.25 -0.3%
APL Apollo Tubes Ltd. Consolidated 2023-03 16,165.95 1,659.15 -0.2%
Jindal Stainless Ltd. Consolidated 2023-03 35,697.03 520.40 -0.4%
Steel Authority Of India Ltd. Consolidated 2023-03 104,447.72 91.20 +0.3%
Motherson Sumi Wiring India Ltd. Standalone 2023-03 7,057.40 60.55 -0.2%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
JSW Steel Ltd. Consolidated 2023-03 4,139.00 790.10 +1.0%
Tata Steel Ltd. Consolidated 2023-03 8,075.35 127.70 +0.7%
Jindal Steel & Power Ltd. Consolidated 2023-03 3,193.21 666.25 -0.3%
APL Apollo Tubes Ltd. Consolidated 2023-03 641.86 1,659.15 -0.2%
Jindal Stainless Ltd. Consolidated 2023-03 2,083.83 520.40 -0.4%
Steel Authority Of India Ltd. Consolidated 2023-03 2,176.53 91.20 +0.3%
Motherson Sumi Wiring India Ltd. Standalone 2023-03 487.00 60.55 -0.2%

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