---
title: "Modi Industries Ltd (507210) — Share Price, Financials & Analysis"
symbol: "507210"
company: "Modi Industries Ltd"
canonical: "https://tapetide.com/stocks/507210"
bse_code: "507210"
generated_at: "2026-10-13T11:01:34.733Z"
---

# Modi Industries Ltd (507210)

Canonical page: https://tapetide.com/stocks/507210

## Company

- **BSE Code:** 507210
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No

## About

Modi Industries is engaged in the business of Sugar comprising of Cane Sugar. Distillery comprising of liquors and spirit. Investment Operations.

## Latest Price

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.
- Earnings include an other income of Rs.29.6 Cr.

## Growth Rates

| Metric | 1Y | 5Y |
| --- | --- | --- |
| net income growth | -96% | 16% |
| revenue growth | 6% | 17% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2013 | Jun 2013 | Sep 2013 | Dec 2013 |
| --- | --- | --- | --- | --- |
| Sales | 131 | 98 | 26 | 43 |
| Expenses | 132 | 104 | 37 | 55 |
| Operating Profit | -1 | -5 | -11 | -12 |
| OPM % | -0.6 | -6 | -45 | -28 |
| Other Income | 2 | 1 | 1 | 2 |
| Interest | 2 | 4 | 5 | 5 |
| Depreciation | 1 | 1 | 1 | 1 |
| Profit before tax | -2 | -10 | -16 | -15 |
| Tax % | 0 | 0 | 0 | 0 |
| Net Profit | -2 | -10 | -16 | -15 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2019 | Mar 2020 | Mar 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 214 | 343 | 304 | 332 | 298 | 334 | 298 | 512 | 602 | 640 |
| Expenses | 199 | 336 | 335 | 355 | 325 | 349 | 306 | 530 | 587 | 647 |
| Operating Profit | 15 | 8 | -32 | -23 | -27 | -15 | -8 | -18 | 15 | -7 |
| OPM % | 7 | 2.2 | -10 | -7 | -9 | -4.4 | -2.7 | -3.6 | 2.5 | -1.1 |
| Other Income | 19 | 15 | 6 | 6 | 7 | 6 | 9 | 5 | -4 | 30 |
| Interest | 8 | 12 | 10 | 12 | 18 | 12 | 6 | 7 | 8 | 8 |
| Depreciation | 5 | 6 | 6 | 6 | 5 | 4 | 3 | 3 | 3 | 3 |
| Profit before tax | 21 | 5 | -43 | -35 | -43 | -25 | -9 | -23 | 0 | 12 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | 21 | 5 | -43 | -35 | -43 | -25 | -9 | -23 | 0 | 12 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2019 | Mar 2020 | Mar 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Reserves | -31 | -41 | -84 | -119 | -162 | -188 | -197 | -264 | -264 | -252 |
| Borrowings | 132 | 79 | 95 | 98 | 96 | 93 | 92 | 104 | 88 | 123 |
| Other Liabilities | 176 | 209 | 270 | 296 | 331 | 377 | 350 | 503 | 542 | 541 |
| Total Liabilities | 280 | 250 | 284 | 278 | 268 | 285 | 249 | 347 | 369 | 415 |
| Fixed Assets | 93 | 77 | 76 | 71 | 66 | 62 | 59 | 59 | 60 | 61 |
| CWIP | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 8 | 8 | 8 | 8 | 8 | 8 | 7 | 6 | 6 | 6 |
| Other Assets | 177 | 164 | 200 | 199 | 194 | 215 | 183 | 281 | 303 | 348 |
| Total Assets | 280 | 250 | 284 | 278 | 268 | 285 | 249 | 347 | 369 | 415 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2019 | Mar 2020 | Mar 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -1 | 18 | -7 | 2 | 6 | 17 | -2 | 8 | 32 | -40 |
| Cash from Investing Activity | -1 | -6 | -3 | 1 | 2 | 0 | 1 | -3 | -4 | 9 |
| Cash from Financing Activity | 3 | -6 | -2 | -7 | -9 | -8 | -6 | 1 | -23 | 31 |
| Net Cash Flow | 2 | 5 | -11 | -4 | -1 | 9 | -7 | 5 | 5 | 0 |
| Free Cash Flow | -5 | 10 | -11 | 1 | 7 | 17 | -3 | 6 | 29 | -44 |
| CFO/OP | -4 | 275 | 49 | -10 | -23 | -119 | 24 | -48 | 214 | 577 |

### Ratios

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2019 | Mar 2020 | Mar 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 54 | 57 | 70 | 63 | 62 | 66 | 69 | 68 | 65 | 81 |
| Inventory Days | 289 | 65 | 140 | 124 | 147 | 105 | 108 | 149 | 141 | 138 |
| Days Payable | 353 | 91 | 231 | 236 | 311 | 335 | 378 | 393 | 426 | 402 |
| Cash Conversion Cycle | -10 | 31 | -21 | -50 | -102 | -164 | -201 | -176 | -220 | -183 |
| Working Capital Days | -35 | -92 | -125 | -141 | -202 | -222 | -242 | -187 | -174 | -155 |
| ROCE % | 30 | 23 | -117 | — | — | — | — | — | — | — |

## Shareholding Pattern

### annual

| Category | Mar 2025 | Sep 2025 |
| --- | --- | --- |
| Promoters | 62.52% | 62.52% |
| FIIs | 0.55% | 0.55% |
| DIIs | 1.58% | 0.04% |
| Public | 35.36% | 36.9% |
| No. of Shareholders | 920 | 833 |

### Quarterly

| Category | Sep 2024 | Mar 2025 | Sep 2025 |
| --- | --- | --- | --- |
| Promoters | 62.52% | 62.52% | 62.52% |
| FIIs | 6.56% | 0.55% | 0.55% |
| DIIs | 4.73% | 1.58% | 0.04% |
| Public | 26.19% | 35.36% | 36.9% |
| No. of Shareholders | 769 | 920 | 833 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 2 / 7 / 10

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 1361.31 | Sell |
| EMA (10) | 1357.96 | Sell |
| SMA (20) | 1376.96 | Sell |
| EMA (20) | 1372.99 | Sell |
| SMA (50) | 1424.33 | Sell |
| EMA (50) | 1423.11 | Sell |
| SMA (100) | 1508.24 | Sell |
| EMA (100) | 1482.53 | Sell |
| SMA (200) | 1600.09 | Sell |
| EMA (200) | 1510.99 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 43.33 | Neutral |
| MACD (12,26,9) | -22.17 | Buy |
| Stochastic (14,3,3) | 34.93 | Neutral |
| ADX (14) | 15.82 | Neutral |
| Williams %R (14) | -59.08 | Neutral |
| ATR (14) | 42.69 | High Volatility |
| ROC (12) | 1.71 | Buy |
| Stoch RSI (14) | 72.17 | Neutral |
| UO (7,14,28) | 56.19 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-01-20 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/xml-data/corpfiling/AttachHis/08dcdd25-50fc-4f06-a461-c9f041190226.pdf) |
| 2026-01-19 | [Appointment of Company Secretary and Compliance Officer](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e38e58e0-c578-4349-b0f1-4a51b4afd781.pdf) |
| 2026-01-19 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c9069258-2862-4906-9395-376e614cf880.pdf) |
| 2026-01-14 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9eebd358-a171-4fa4-8f79-54905b73c9ad.pdf) |
| 2025-12-19 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4aca1c8b-9ce6-49b9-b8c7-fcd66ab48e04.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2025 | [Financial Year 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/426cd971-b6a0-45ac-8f2c-1cd14da2fe11.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T11:01:34.733Z.