Modern Threads (I) Ltd

Modern Threads Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Modern Threads (I) Ltd

₹ 54.9 -1.79%
19 Nov - close price
modernwoollens.com BSE: 500282 NSE: MODTHREAD
About

Incorporated in 1973, Modern Woollens
Ltd manufactures and sells Worsted
Yarn, Wool Tops and Synthetic Yarn[1]

Key Points

Business Overview:[1]
MWL is the flagship company of the Modern Group and a unit of Modern Threads (I) Ltd. It manufacturers and exports wool and blended worsted yarn from India

Website BSE NSE - BE
  • Market Cap ₹ 191 Cr.
  • Current Price ₹ 54.9
  • High / Low ₹ 76.3 / 20.0
  • Stock P/E 15.4
  • Book Value ₹
  • Dividend Yield 0.00 %
  • ROCE 23.9 %
  • ROE 21.0 %
  • Face Value ₹ 10.0
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Pros

  • Company is almost debt free.
  • Company has delivered good profit growth of 20.0% CAGR over last 5 years

Cons

  • Earnings include an other income of Rs.6.12 Cr.

* 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: Textiles Industry: Textiles - Spinning - Synthetic / Blended

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Quarterly Results

Figures in Rs. Crores

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
52.68 59.64 69.71 69.39 77.61 82.62 71.50 73.26 77.72 74.94 74.57 58.05 62.25
49.23 56.18 68.40 64.56 71.78 74.92 61.91 64.75 70.38 66.86 68.94 56.35 63.62
Operating Profit 3.45 3.46 1.31 4.83 5.83 7.70 9.59 8.51 7.34 8.08 5.63 1.70 -1.37
OPM % 6.55% 5.80% 1.88% 6.96% 7.51% 9.32% 13.41% 11.62% 9.44% 10.78% 7.55% 2.93% -2.20%
0.28 0.32 1.73 0.50 188.95 1.33 2.17 0.59 0.61 0.88 1.50 0.88 2.86
Interest 0.58 0.40 0.82 0.80 0.78 1.00 0.71 0.71 0.80 0.79 0.76 0.69 0.05
Depreciation 0.72 0.81 0.77 0.77 0.91 0.89 0.91 0.95 1.01 1.07 1.11 1.08 1.20
Profit before tax 2.43 2.57 1.45 3.76 193.09 7.14 10.14 7.44 6.14 7.10 5.26 0.81 0.24
Tax % 0.00% 0.00% 0.69% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 9.51% 76.54% -29.17%
2.43 2.57 1.45 3.75 193.09 7.13 10.14 7.43 6.14 7.10 4.76 0.18 0.32
EPS in Rs
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
77 97 142 150 148 165 228 200 147 223 301 300 270
70 90 133 141 137 158 216 198 144 212 272 270 256
Operating Profit 7 7 9 9 11 7 12 3 3 11 29 30 14
OPM % 9% 7% 6% 6% 8% 4% 5% 1% 2% 5% 10% 10% 5%
22 1 1 7 1 4 5 26 3 3 193 4 6
Interest 0 0 1 1 2 1 3 1 2 3 4 3 2
Depreciation 4 2 2 2 2 2 3 3 3 3 3 4 4
Profit before tax 25 6 7 14 9 7 11 25 2 8 214 26 13
Tax % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 2%
25 6 7 14 9 7 11 25 2 8 214 25 12
EPS in Rs
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 12%
5 Years: 6%
3 Years: 27%
TTM: -12%
Compounded Profit Growth
10 Years: 16%
5 Years: 20%
3 Years: 197%
TTM: -60%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 21%

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 35 35 35 35 35 35 35 35 35 35 35 35
Reserves -213 -207 -200 -186 -200 -192 -181 -156 -154 -146 69 94
222 220 215 213 198 199 197 194 193 192 2 2
30 33 33 28 65 76 78 54 49 57 71 70
Total Liabilities 72 81 83 89 98 117 128 126 122 138 177 202
33 32 33 32 35 42 41 40 39 41 44 49
CWIP 0 0 0 0 0 0 1 0 0 0 1 2
Investments 4 3 0 0 0 3 0 0 0 0 2 15
35 46 51 58 63 72 87 86 83 98 130 136
Total Assets 72 81 83 89 98 117 128 126 122 138 177 202

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
7 0 8 7 12 0 11 3 9 -5 16 24
-5 1 1 -0 -5 -9 -2 -2 -2 -4 -9 -22
-7 -2 -6 -3 -0 -3 0 -1 -2 -3 -4 -3
Net Cash Flow -5 -0 4 4 6 -12 9 0 6 -12 2 -1

Ratios

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 42 57 31 45 47 49 29 42 40 38 48 57
Inventory Days 168 141 104 90 90 129 116 117 158 163 148 149
Days Payable 129 98 60 33 37 71 57 61 73 73 80 80
Cash Conversion Cycle 81 100 76 102 100 108 89 98 125 129 117 126
Working Capital Days -85 -32 -17 17 -64 -40 -22 24 29 51 56 63
ROCE % 11% 13% 18% 17% 22% 24% 28% 38% 4% 12% 31% 24%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
65.10% 65.10% 65.10% 65.10% 65.10% 65.10% 65.10% 65.10% 65.10% 65.10% 65.10% 65.10%
1.26% 1.26% 1.26% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
10.67% 10.67% 4.43% 11.76% 11.76% 11.76% 11.76% 11.76% 11.76% 11.28% 10.94% 10.87%
1.08% 1.08% 1.08% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
21.89% 21.89% 28.14% 23.15% 23.15% 23.16% 23.16% 23.16% 23.16% 23.63% 23.97% 24.04%
No. of Shareholders 1,34,7831,34,7781,34,7701,34,7621,34,7451,34,7341,34,7231,34,7081,34,6881,34,6961,35,2401,35,440

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports