Modex International Securities Ltd
Modex International Securities is engaged in the business of sale/ purchase of shares.
- Market Cap ₹ 4.00 Cr.
- Current Price ₹ 3.33
- High / Low ₹ /
- Stock P/E 4.30
- Book Value ₹ 11.4
- Dividend Yield 0.00 %
- ROCE 25.9 %
- ROE 9.93 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.29 times its book value
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of 6.82% over last 3 years.
- Earnings include an other income of Rs.2.33 Cr.
- Company has high debtors of 341 days.
- Company's cost of borrowing seems high
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Finance Industry: Finance & Investments
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | TTM | |
|---|---|---|---|---|---|---|
| 8.34 | 14.45 | 22.38 | 25.46 | 24.68 | 20.21 | |
| 6.86 | 12.76 | 20.65 | 23.30 | 18.35 | 16.62 | |
| Operating Profit | 1.48 | 1.69 | 1.73 | 2.16 | 6.33 | 3.59 |
| OPM % | 17.75% | 11.70% | 7.73% | 8.48% | 25.65% | 17.76% |
| 0.06 | 0.18 | 0.16 | 0.15 | 0.08 | 2.33 | |
| Interest | 0.79 | 0.51 | 0.57 | 0.98 | 3.71 | 3.76 |
| Depreciation | 0.44 | 0.48 | 0.79 | 0.72 | 1.21 | 1.01 |
| Profit before tax | 0.31 | 0.88 | 0.53 | 0.61 | 1.49 | 1.15 |
| Tax % | 29.03% | 32.95% | -7.55% | -13.11% | 14.09% | |
| 0.23 | 0.60 | 0.57 | 0.69 | 1.28 | 0.93 | |
| EPS in Rs | 0.19 | 0.50 | 0.48 | 0.58 | 1.07 | 0.79 |
| Dividend Payout % | 0.00% | 0.00% | 63.16% | 0.00% | 9.38% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 20% |
| TTM: | -3% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 32% |
| TTM: | 91% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -7% |
| 5 Years: | -29% |
| 3 Years: | 0% |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 7% |
| Last Year: | 10% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Sep 2019 | |
|---|---|---|---|---|---|---|
| Equity Capital | 3.00 | 3.00 | 6.00 | 6.00 | 6.00 | 6.00 |
| Reserves | 8.25 | 8.85 | 6.20 | 6.82 | 7.77 | 7.68 |
| 5.24 | 0.83 | 0.83 | 5.38 | 6.06 | 5.85 | |
| 36.43 | 51.55 | 76.41 | 81.60 | 85.79 | 86.11 | |
| Total Liabilities | 52.92 | 64.23 | 89.44 | 99.80 | 105.62 | 105.64 |
| 0.82 | 3.26 | 2.70 | 3.09 | 2.68 | 2.58 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.34 | 1.41 | 1.05 | 0.03 | 0.02 | 0.02 |
| 51.76 | 59.56 | 85.69 | 96.68 | 102.92 | 103.04 | |
| Total Assets | 52.92 | 64.23 | 89.44 | 99.80 | 105.62 | 105.64 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
|---|---|---|---|---|---|
| 19.29 | 15.53 | 27.48 | -33.09 | -2.53 | |
| 1.41 | -0.78 | 2.82 | 2.88 | 1.82 | |
| 0.91 | -5.09 | -0.58 | 3.57 | -3.03 | |
| Net Cash Flow | 21.61 | 9.66 | 29.73 | -26.64 | -3.75 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
|---|---|---|---|---|---|
| Debtor Days | 300.23 | 172.52 | 71.27 | 182.21 | 341.04 |
| Inventory Days | |||||
| Days Payable | |||||
| Cash Conversion Cycle | 300.23 | 172.52 | 71.27 | 182.21 | 341.04 |
| Working Capital Days | -693.24 | -810.58 | -1,018.51 | -455.32 | -376.54 |
| ROCE % | 9.19% | 8.48% | 9.78% | 25.92% |
Documents
Announcements
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Outcome of 6th Committe of Creditors Meeting
26 Nov 2022 - Outcome of 6th Committe of Creditors Meeting which was held on November 23, 2022.
- E voting results of 4th Meeting of Committee of Creditors of the Corporate Debtor 5 Sep 2022
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Post facto intimation of 4th meeting of Committee of Creditors
26 Aug 2022 - Resolution Professional of Modex International Securities Ltd has informed regarding Post facto intimation of 4th meeting of Committee of Creditors of Modex International Securities Ltd.
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Intimation of Commencement of Corporate Insolvency Resolution Process
7 Apr 2022 - Of Commencement of Corporate Insolvency Resolution Process in the matter of M/s. Modex International Securities Ltd.
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Clarification
21 Jan 2020 - Investors have latest relevant information about the company and to inform the market so that the interest of the investors is safeguarded, Modex International Securities …