Modern Steels Ltd.

19.38 +0.62 ▲3.3%

28 March 2024, 04:01:00 PM
Volume: 15,027

Company Profile

Sector Iron & Steel Sector Icon Iron & Steel Compare with Sector peers
Industry Steel & Iron Products Industry Icon Steel & Iron Products Compare with Industry peers
Website http://www.modernsteels.com
Market Cap 26.67 Cr.
Enterprise Value(EV) 27.94 Cr. 2023-09
Financial Indicators
Earnings per share (EPS) 1.51 Trailing Twelve Months Ending 2023-12
Price-Earning Ratio (PE) 12.82 Trailing Twelve Months Ending 2023-12
Industry PE 29.81 Trailing Twelve Months Ending 2023-12
Book Value / Share 8.56 Trailing Twelve Months Ending 2023-12
Price to Book Value 2.26 Calculated using Price: 19.38
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
+3.30%
1 Week
-8.28%
1 Month
-20.15%
3 Month
-21.76%
6 Month
+8.39%
1 Year
+36.00%
2 Year
-0.92%
5 Year
+76.18%
10 Year
+120.98%

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 0 0 0 0 0 0 262.75
Return on Capital Employed (%) 3.38 5.3 1.29 -17.59 -17.7 -52.78 -106.52 0 139.84
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. 2023-12 Rs. Cr. TTM
Net Sales 318 269 315 376 322 211 84 102
Other Income 7 2 3 2 2 0 4 81 20 3
Total Income 324 271 318 378 323 212 87 183 20 3
Total Expenditure -312 -256 -310 -401 -342 -257 -104 -102 -1 -1
PBIDT 12 15 8 -23 -18 -46 -17 81 19 2
Interest -25 -27 -5 -2 -2 0 0 -1 0
Depreciation -6 -5 -5 -5 -5 -5 -5 -4
Taxation 6 -16
Exceptional Items 1 -5 0
PAT -12 -34 -3 -30 -25 -49 -23 76 14 2
Adjusted EPS -9 -24 -2 -22 -18 -36 -16 55 10 1

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 2021-12 (%) 2022-03 (%) 2022-06 (%) 2022-09 (%) 2022-12 (%) 2023-03 (%) 2023-06 (%) 2023-09 (%) 2023-12 (%)
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 0.00 0.00
No. of Shareholders (in Lacs)

Modern Steels Ltd. Announcements

Mon, 19 Feb 2024
Intimation For Change In The Email ID Of The Registrar And Share Transfer Agent Of The Company (MCS Share Transfer Agent Ltd) For Further Communication.
It may please be noted that the Companys RTA (MCS Share Transfer Agent Limited) has updated its Email ID for further Communication. Kindly update the same on Website and records
Sat, 10 Feb 2024
Announcement under Regulation 30 (LODR)-Newspaper Publication
In Compliance with Regulation 30 of SEBI(LODR) Regulations 2015 Please find enclosed disclosure of Newspaper Publication of Unaudited Financial Results for quarter and nine months ended 31.12.2023. This is for your information and record.
Fri, 09 Feb 2024
Financial Result For Quarter Ended 31/12/2023
Pursuant to Regulation 30 of SEBI(LODR) Regulations 2015 the Financial results for quarter ended 31.12.2023 are approved by the Board of Directors along with other agenda items at the Board Meeting held today i.e. 09.02.2024 commenced at 03.00 pm and concluded at 04.05 p.m.

Modern Steels Ltd. Technical Scans

Thu, 28 Mar 2024
High Delivery Percentage High Delivery Percentage
Higher Delivery Quantity Higher Delivery Quantity
Higher Delivery Quantity and Percentage Higher Delivery Quantity and Percentage
Higher Trade Quantity Higher Trade Quantity
Higher Trade and Delivery Quantity Higher Trade and Delivery Quantity

Modern Steels Ltd. Related Stocks

Stock Name Market Cap(Rs. Cr.) LTP Chg %
JSW Steel Ltd. 203,302.82 832.45 +1.8%
Tata Steel Ltd. 194,617.08 155.90 +2.0%
Jindal Steel & Power Ltd. 86,651.38 849.75 +1.9%
Jindal Stainless Ltd. 57,183.41 694.90 -1.2%
Steel Authority Of India Ltd. 55,411.00 134.25 +0.4%
APL Apollo Tubes Ltd. 41,495.47 1,495.95 +1.4%
Lloyds Metals & Energy Ltd. 30,464.26 602.00 -1.3%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
JSW Steel Ltd. Consolidated 2023-12 18.19 832.45 +1.8%
Tata Steel Ltd. Consolidated 2023-12 0.00 155.90 +2.0%
Jindal Steel & Power Ltd. Consolidated 2023-12 15.85 849.75 +1.9%
Jindal Stainless Ltd. Consolidated 2023-12 19.20 694.90 -1.2%
Steel Authority Of India Ltd. Consolidated 2023-12 17.87 134.25 +0.4%
APL Apollo Tubes Ltd. Consolidated 2023-12 54.33 1,495.95 +1.4%
Lloyds Metals & Energy Ltd. Consolidated 2023-12 24.67 602.00 -1.3%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
JSW Steel Ltd. Consolidated 2023-12 2.66 832.45 +1.8%
Tata Steel Ltd. Consolidated 2023-12 2.19 155.90 +2.0%
Jindal Steel & Power Ltd. Consolidated 2023-12 2.00 849.75 +1.9%
Jindal Stainless Ltd. Consolidated 2023-12 4.11 694.90 -1.2%
Steel Authority Of India Ltd. Consolidated 2023-12 0.98 134.25 +0.4%
APL Apollo Tubes Ltd. Consolidated 2023-12 12.04 1,495.95 +1.4%
Lloyds Metals & Energy Ltd. Consolidated 2023-12 12.12 602.00 -1.3%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
JSW Steel Ltd. Consolidated 2023-03 1.21 832.45 +1.8%
Tata Steel Ltd. Consolidated 2023-03 0.76 155.90 +2.0%
Jindal Steel & Power Ltd. Consolidated 2023-03 0.32 849.75 +1.9%
Jindal Stainless Ltd. Consolidated 2023-03 0.32 694.90 -1.2%
Steel Authority Of India Ltd. Consolidated 2023-03 0.56 134.25 +0.4%
APL Apollo Tubes Ltd. Consolidated 2023-03 0.29 1,495.95 +1.4%
Lloyds Metals & Energy Ltd. Consolidated 2023-03 0.00 602.00 -1.3%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
JSW Steel Ltd. Consolidated 2023-03 6.26 832.45 +1.8%
Tata Steel Ltd. Consolidated 2023-03 7.48 155.90 +2.0%
Jindal Steel & Power Ltd. Consolidated 2023-03 8.59 849.75 +1.9%
Jindal Stainless Ltd. Consolidated 2023-03 22.13 694.90 -1.2%
Steel Authority Of India Ltd. Consolidated 2023-03 4.00 134.25 +0.4%
APL Apollo Tubes Ltd. Consolidated 2023-03 23.51 1,495.95 +1.4%
Lloyds Metals & Energy Ltd. Consolidated 2023-03 -29.04 602.00 -1.3%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
JSW Steel Ltd. Consolidated 2023-03 6.26 832.45 +1.8%
Tata Steel Ltd. Consolidated 2023-03 7.48 155.90 +2.0%
Jindal Steel & Power Ltd. Consolidated 2023-03 8.59 849.75 +1.9%
Jindal Stainless Ltd. Consolidated 2023-03 22.13 694.90 -1.2%
Steel Authority Of India Ltd. Consolidated 2023-03 4.00 134.25 +0.4%
APL Apollo Tubes Ltd. Consolidated 2023-03 23.51 1,495.95 +1.4%
Lloyds Metals & Energy Ltd. Consolidated 2023-03 -29.04 602.00 -1.3%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
JSW Steel Ltd. Consolidated 2023-03 165,960.00 832.45 +1.8%
Tata Steel Ltd. Consolidated 2023-03 243,352.69 155.90 +2.0%
Jindal Steel & Power Ltd. Consolidated 2023-03 52,711.18 849.75 +1.9%
Jindal Stainless Ltd. Consolidated 2023-03 35,697.03 694.90 -1.2%
Steel Authority Of India Ltd. Consolidated 2023-03 104,447.72 134.25 +0.4%
APL Apollo Tubes Ltd. Consolidated 2023-03 16,165.95 1,495.95 +1.4%
Lloyds Metals & Energy Ltd. Consolidated 2023-03 3,392.31 602.00 -1.3%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
JSW Steel Ltd. Consolidated 2023-03 4,139.00 832.45 +1.8%
Tata Steel Ltd. Consolidated 2023-03 8,075.35 155.90 +2.0%
Jindal Steel & Power Ltd. Consolidated 2023-03 3,193.21 849.75 +1.9%
Jindal Stainless Ltd. Consolidated 2023-03 2,083.83 694.90 -1.2%
Steel Authority Of India Ltd. Consolidated 2023-03 2,176.53 134.25 +0.4%
APL Apollo Tubes Ltd. Consolidated 2023-03 641.86 1,495.95 +1.4%
Lloyds Metals & Energy Ltd. Consolidated 2023-03 -288.54 602.00 -1.3%

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