Modern Threads (India) Ltd.

61.16 0.00

22 April 2024, 04:00:00 PM
Volume: 25

Company Profile

Sector Textile Sector Icon Textile Compare with Sector peers
Industry Textile - Spinning Industry Icon Textile - Spinning Compare with Industry peers
Website http://www.modernwoollens.com
Market Cap 212.68 Cr.
Enterprise Value(EV) 206.83 Cr. 2023-09
Financial Indicators
Earnings per share (EPS) 8.86 Trailing Twelve Months Ending 2023-12
Price-Earning Ratio (PE) 6.90 Trailing Twelve Months Ending 2023-12
Industry PE 82.31 Trailing Twelve Months Ending 2023-12
Book Value / Share 35.69 Trailing Twelve Months Ending 2023-12
Price to Book Value 1.71 Calculated using Price: 61.16
Dividend Yield 0.00 Period Ending 2023-03
No. of Shares Subscribed 3.48 Cr. 34,775,160 Shares
FaceValue 10
About Modern Threads (India) Ltd.
Modern Threads (India) Ltd. is one of the biggest manufacturers and exporters of wool and blended worsted yarn from India.

Modern Threads (India) Ltd. Delivery

Delivered Qty
Traded Qty

Modern Threads (India) Ltd. Performance

1 Day
1 Week
-7.72%
1 Month
+10.08%
3 Month
6 Month
1 Year
2 Year
5 Year
10 Year

Modern Threads (India) 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 (%) 0 0 0 0 0 0 0 0 0
Return on Capital Employed (%) 17.08 29.01 27.48 31.34 36.6 46.77 5.53 14.97 239.75
Return on Assets (%) 9.13 16.12 9.65 6.92 8.78 19.92 1.38 6.09 135.79

Modern Threads (India) 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 -156 -143 -165 -157 -147 -121 -119 -111 103 117
Non Curr. Liab. 189 192 192 192 192 192 192 192 4 4
Curr. Liab. 51 40 71 83 83 56 50 57 70 73
Minority Int.
Equity & Liab. 83 89 98 117 128 126 122 138 177 194
Non Curr. Assets 34 34 38 47 47 46 45 46 50 51
Curr. Assets 49 56 60 70 81 80 78 93 127 143
Misc. Exp. not W/O
Total Assets 83 89 98 117 128 126 122 138 177 194

Modern Threads (India) 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 143 151 149 165 228 201 147 223 301 297
Other Income 2 2 2 4 4 24 3 2 4 4
Total Income 145 154 150 169 233 225 150 225 305 302
Total Expenditure -135 -142 -138 -158 -217 -198 -144 -211 -272 -264
PBIDT 10 12 13 11 15 27 6 13 33 38
Interest -1 -1 -2 -1 -3 -1 -2 -3 -4 -3
Depreciation -2 -2 -2 -2 -3 -3 -3 -3 -3 -4
Taxation 0
Exceptional Items 5 -1 1 2 1 1 189
PAT 7 14 9 7 11 25 2 8 214 31
Adjusted EPS 2 4 3 2 3 7 0 2 62 9

Modern Threads (India) 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. 0 8 6 12 0 11 3 9 -5 16
Cash Fr. Inv. 1 1 -1 -5 -9 -2 -2 -2 -4 -9
Cash Fr. Finan. -2 -6 -2 0 -3 0 -1 -2 -3 -4
Net Change 0 4 4 6 -12 9 0 6 -12 2
Cash & Cash Eqvt 1 5 8 15 2 11 11 17 5 7

Modern Threads (India) Ltd. Shareholding Pattern

9 Qtrs 2022-03 (%) 2022-06 (%) 2022-09 (%) 2022-12 (%) 2023-03 (%) 2023-06 (%) 2023-09 (%) 2023-12 (%) 2024-03 (%)
Promoter 65.10 65.10 65.10 65.10 65.10 65.10 65.10 65.10 65.10
Public 34.90 34.90 34.90 33.64 33.65 33.65 34.90 33.64 33.64
Depository Receipts 0.00 0.00 0.00 1.26 1.26 1.26 0.00 1.26 1.26
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
No. of Shareholders (in Lacs)

Modern Threads (India) Ltd. Announcements

Tue, 16 Apr 2024
Compliance Certificate Under Regulation 40(9) And 40(10) Of The SEBI (LODR) Regulations 2015 For The Year Ended 31St March 2024.
Compliance Certificate under Regulation 40(9) and 40(10) of the SEBI (LODR) Regulations 2015 for the year ended 31st march 2024.
Thu, 11 Apr 2024
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
Format of Initial Disclosure to be made by an entity identified as a Large Corporate.

Sr. No. Particulars Details
1Name of CompanyMODERN THREADS (INDIA) LTD.
2CIN NO.L17115RJ1980PLC002075
3 Outstanding borrowing of company as on 31st March / 31st December as applicable (in Rs cr) 0.00
4Highest Credit Rating during the previous FY 0
4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)Not Applicable
5Name of Stock Exchange# in which the fine shall be paid in case of shortfall in the required borrowing under the frameworkBSE


We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26 2018. No



Name of the Company Secretary: Banwari Lal Saini
Designation: Company Secretary and Compliance Officer
EmailId: cs@modernwoollens.com
Name of the Chief Financial Officer: Prabodh Kumar Nahar
Designation: Chief Financial Officer
EmailId: vpc@modernwoollens.com

Date: 11/04/2024

Note: In terms para of 3.2(ii) of the circular beginning F.Y 2022 in the event of shortfall in the mandatory borrowing through debt securities a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore an entity identified as LC shall provide in its initial disclosure for a financial year the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.
Thu, 11 Apr 2024
Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2
Format of the Annual Disclosure to be made by an entity identified as a Large Corporate.

Sr. No. Particulars Details
1 Name of Company MODERN THREADS (INDIA) LTD.
2 CIN NO. L17115RJ1980PLC002075
3 Report filed for FY 2023-2024
Details of the Current block (all figures in Rs crore):
4 2 - year block period (Specify financial years)* 2021-22 2022-23
5 Incremental borrowing done in FY (T)(a) 0.00
6 Mandatory borrowing to be done through debt securities in FY (T) (b) = (25% of a) 0.00
7 Actual borrowing done through debt securities in FY (T)(c) 0.00
8 Shortfall in the borrowing through debt securities if any for FY (T - 1) carried forward to FY (T) (d) 0
8Quantum of (d) which has been met from (c)(e)* 0
9 Shortfall if any in the mandatory borrowing through debt securities for FY (T) { after adjusting for any shortfall in borrowing for FY(T - 1) which was carried forward to FY(T)}(f) = (b) - [(c) - (e)]{ If the calculated value is zero or negative write nil}* 0


Details of penalty to be paid if any in respect to previous block (all figures in Rs crore):
2 - year Block period (Specify financial years)2021-22 2022-23
Amount of fine to be paid for the block if applicable Fine = 0.2% of {(d) - (e)}#0.00



Name of the Company Secretary :-Banwari Lal Saini
Designation :-Company Secretary and Company Secretary
Name of the Chief Financial Officer :- Prabodh Kumar Nahar
Designation : -Chief Financial Officer

Date: 11/04/2024

Modern Threads (India) Ltd. Technical Scans

Mon, 22 Apr 2024
Opening at High Opening at High
Opening at Low Opening at Low
Close Within 52 Week High Zone Close Within 52 Week High Zone
Opening at High for 2 Days Opening at High for 2 Days
5 SMA Crossing 20 SMA From Above 5 SMA Crossing 20 SMA From Above

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Page Industries Ltd. Standalone 2023-12 73.37 35,578.15 +0.6%
K.P.R. Mill Ltd. Consolidated 2023-12 35.96 844.00 +0.0%
Vedant Fashions Ltd. Consolidated 2023-12 55.60 929.10 +1.0%
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Swan Energy Ltd. Consolidated 2023-12 47.91 621.60 +0.7%
Lakshmi Machine Works Ltd. Consolidated 2023-12 45.25 17,047.05 +1.0%
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Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
Page Industries Ltd. Standalone 2023-12 23.52 35,578.15 +0.6%
K.P.R. Mill Ltd. Consolidated 2023-12 6.81 844.00 +0.0%
Vedant Fashions Ltd. Consolidated 2023-12 15.22 929.10 +1.0%
Trident Ltd. Consolidated 2023-12 4.68 39.10 +1.3%
Swan Energy Ltd. Consolidated 2023-12 3.22 621.60 +0.7%
Lakshmi Machine Works Ltd. Consolidated 2023-12 6.90 17,047.05 +1.0%
Welspun Living Ltd. Consolidated 2023-12 3.30 148.80 +1.7%
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Page Industries Ltd. Standalone 2023-03 0.18 35,578.15 +0.6%
K.P.R. Mill Ltd. Consolidated 2023-03 0.36 844.00 +0.0%
Vedant Fashions Ltd. Consolidated 2023-03 0.00 929.10 +1.0%
Trident Ltd. Consolidated 2023-03 0.33 39.10 +1.3%
Swan Energy Ltd. Consolidated 2023-03 2.20 621.60 +0.7%
Lakshmi Machine Works Ltd. Consolidated 2023-03 0.00 17,047.05 +1.0%
Welspun Living Ltd. Consolidated 2023-03 0.58 148.80 +1.7%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
Page Industries Ltd. Standalone 2023-03 46.45 35,578.15 +0.6%
K.P.R. Mill Ltd. Consolidated 2023-03 23.62 844.00 +0.0%
Vedant Fashions Ltd. Consolidated 2023-03 34.74 929.10 +1.0%
Trident Ltd. Consolidated 2023-03 10.99 39.10 +1.3%
Swan Energy Ltd. Consolidated 2023-03 -3.49 621.60 +0.7%
Lakshmi Machine Works Ltd. Consolidated 2023-03 17.74 17,047.05 +1.0%
Welspun Living Ltd. Consolidated 2023-03 5.03 148.80 +1.7%
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K.P.R. Mill Ltd. Consolidated 2023-03 23.62 844.00 +0.0%
Vedant Fashions Ltd. Consolidated 2023-03 34.74 929.10 +1.0%
Trident Ltd. Consolidated 2023-03 10.99 39.10 +1.3%
Swan Energy Ltd. Consolidated 2023-03 -3.49 621.60 +0.7%
Lakshmi Machine Works Ltd. Consolidated 2023-03 17.74 17,047.05 +1.0%
Welspun Living Ltd. Consolidated 2023-03 5.03 148.80 +1.7%
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Vedant Fashions Ltd. Consolidated 2023-03 1,354.93 929.10 +1.0%
Trident Ltd. Consolidated 2023-03 6,332.26 39.10 +1.3%
Swan Energy Ltd. Consolidated 2023-03 1,438.14 621.60 +0.7%
Lakshmi Machine Works Ltd. Consolidated 2023-03 4,719.15 17,047.05 +1.0%
Welspun Living Ltd. Consolidated 2023-03 8,093.76 148.80 +1.7%
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Page Industries Ltd. Standalone 2023-03 571.25 35,578.15 +0.6%
K.P.R. Mill Ltd. Consolidated 2023-03 814.10 844.00 +0.0%
Vedant Fashions Ltd. Consolidated 2023-03 429.11 929.10 +1.0%
Trident Ltd. Consolidated 2023-03 441.61 39.10 +1.3%
Swan Energy Ltd. Consolidated 2023-03 -61.05 621.60 +0.7%
Lakshmi Machine Works Ltd. Consolidated 2023-03 384.02 17,047.05 +1.0%
Welspun Living Ltd. Consolidated 2023-03 202.51 148.80 +1.7%

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