---
title: "Modern Steels Ltd (513303) — Share Price, Financials & Analysis"
symbol: "513303"
company: "Modern Steels Ltd"
canonical: "https://tapetide.com/stocks/513303"
isin: "INE001F01019"
nse_symbol: "MODERNSTEELSLTD"
bse_code: "513303"
sector: "Industrial Products"
industry: "Iron & Steel Products"
market_cap_cr: 19.64
generated_at: "2026-09-13T19:15:36.861Z"
---

# Modern Steels Ltd (513303)

Canonical page: https://tapetide.com/stocks/513303

## Company

- **NSE Symbol:** MODERNSTEELSLTD
- **BSE Code:** 513303
- **ISIN:** INE001F01019
- **Sector:** Industrial Products
- **Industry:** Iron & Steel Products
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** modernsteels.com

## About

Established in 1974, Modern Steel Ltd. manufactures low-alloy and carbon-steel-rolled products for commercial vehicles, such as trucks and tractors, passenger vehicles, two-wheelers, and engineering companies.

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:45:48.642640Z.

- **Market Cap:** ₹19.64 Cr
- **Classification:** Microcap
- **P/E (reported):** 16.3
- **EPS (TTM):** ₹0.87
- **EPS (reported):** ₹0.65
- **Book Value:** ₹13.26
- **Price to Book:** 1.07
- **Dividend Yield:** 0%
- **ROE:** 24.89%
- **ROCE:** 24.89%
- **Debt to Equity:** 0.01
- **Revenue (yearly):** ₹0 Cr
- **Net Income:** ₹1.06 Cr
- **EBITDA:** ₹-0.94 Cr
- **52-Week High:** ₹20.15
- **52-Week Low:** ₹10.35
- **RSI (14):** 58.4

## Tapetide Score

- **Score:** 57 / 100
- **Score date:** 2026-09-04
- **Archetype:** Average Quality, Undemanding Price
- **What it means:** The financials sit mid-range rather than strong, and the multiple is not demanding. Nothing here stands out in either direction, so the read comes down to which single pillar you weight most and whether the next results move it off the middle.
- **Pillar profile:** Quality: Average · Valuation: Fair · Momentum: Rising
- **Percentile:** 77.8 (of 4473 scored stocks)
- **Confidence:** 85%
- **Data coverage:** 86%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 87.48 | 9.89% |
| momentum | 63.52 | 13.19% |
| ownership | 50 | 26.37% |
| quality | 54.49 | 24.18% |
| valuation | 52.78 | 26.37% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company is almost debt free.
- Stock is trading at 1.07 times its book value

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
- Company has a low return on equity of 12.9% over last 3 years.
- Earnings include an other income of Rs.2.12 Cr.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 11.01% | 967.65% | -97.27% |
| ebitda margin growth | -42.86% | -100% | -100% | -100% |
| net income growth | -42.86% | -75.91% | -62% | 15% |
| revenue growth | -33.33% | -100% | -100% | -100% |
| roce | — | 477.49% | -77.33% | — |
| roe | — | 478.84% | 45.69% | -13.15% |

## Financial Statements

### Quarterly Results

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

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0.25 | 0.26 | 0.26 | 0.25 | 0.26 | 0.25 | 0.29 | 0.24 | 0.23 | 0.2 | 0.26 | 0.22 |
| Operating Profit | -0.25 | -0.26 | -0.26 | -0.25 | -0.26 | -0.25 | -0.29 | -0.24 | -0.23 | -0.2 | -0.26 | -0.22 |
| Other Income | 0.25 | 0.21 | 1.23 | 0.22 | 0.22 | 0.23 | 4.82 | 0.47 | 0.31 | 0.3 | 0.93 | 0.58 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0 |
| Profit before tax | 0 | -0.05 | 0.97 | -0.03 | -0.04 | -0.02 | 4.53 | 0.23 | 0.08 | 0.1 | 0.66 | 0.36 |
| Tax % | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | 0 | -0.05 | 0.97 | -0.03 | -0.04 | -0.02 | 4.53 | 0.23 | 0.08 | 0.1 | 0.66 | 0.36 |
| EPS in Rs | 0 | -0.04 | 0.7 | -0.02 | -0.03 | -0.01 | 3.29 | 0.17 | 0.06 | 0.07 | 0.48 | 0.26 |

### Profit & Loss

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

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 376.06 | 321.57 | 211.46 | 83.53 | 102.04 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 400.76 | 341.69 | 257.37 | 104.41 | 101.84 | 0.55 | 1.29 | 1.05 | 0.94 | 0.91 |
| Operating Profit | -24.7 | -20.12 | -45.91 | -20.88 | 0.2 | -0.55 | -1.29 | -1.05 | -0.94 | -0.91 |
| OPM % | -6.57 | -6.26 | -21.71 | -25 | 0.2 | — | — | — | — | — |
| Other Income | 1.66 | 1.85 | 0.38 | 3.71 | 80.38 | 14.62 | 1.87 | 5.49 | 2.01 | 2.12 |
| Interest | 1.79 | 1.77 | 0.39 | 0.46 | 0.86 | 0.24 | 0 | 0 | 0 | 0 |
| Depreciation | 5.41 | 5.17 | 4.86 | 4.87 | 3.59 | 0 | 0 | 0 | 0.01 | 0.01 |
| Profit before tax | -30.24 | -25.21 | -50.78 | -22.5 | 76.13 | 13.83 | 0.58 | 4.44 | 1.06 | 1.2 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Net Profit | -30.24 | -25.21 | -50.78 | -22.5 | 76.13 | 13.83 | 0.58 | 4.44 | 1.06 | 1.2 |
| EPS in Rs | -21.97 | -18.32 | -36.9 | -16.35 | 55.32 | 10.05 | 0.42 | 3.23 | 0.77 | 0.87 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

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

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 13.76 | 13.76 | 13.76 | 13.76 | 13.76 | 13.77 | 13.77 | 13.77 | 13.77 | 14.4 |
| Reserves | -24.18 | -56.72 | -82.01 | -131.37 | -92.27 | -14.77 | -0.94 | -0.37 | 4.07 | 4.49 |
| Borrowings | 187.59 | 189.2 | 186.91 | 184.63 | 52.86 | 7.04 | 1.27 | 0.2 | 0.2 | 0.21 |
| Other Liabilities | 57.96 | 43.12 | 51.75 | 45.65 | 120.71 | 0.33 | 0.18 | 0.31 | 0.76 | 0.77 |
| Total Liabilities | 235.13 | 189.36 | 170.41 | 112.67 | 95.06 | 6.37 | 14.28 | 13.91 | 18.8 | 19.87 |
| Fixed Assets | 68.5 | 62.52 | 59.13 | 54.57 | 49.99 | 0.06 | 0.06 | 0.06 | 0.06 | 0.05 |
| CWIP | 0 | 0.28 | 0.28 | 0.28 | 0.67 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0.03 | 0.13 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 |
| Other Assets | 166.6 | 126.43 | 110.97 | 57.79 | 44.37 | 6.28 | 14.19 | 13.82 | 18.71 | 19.79 |
| Total Assets | 235.13 | 189.36 | 170.41 | 112.67 | 95.06 | 6.37 | 14.28 | 13.91 | 18.8 | 19.87 |

### Cash Flow

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

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -12.5 | -10.98 | 3.48 | 1.29 | 132.73 | -3.31 | 0.34 | 3.27 | 3.63 | 0.02 |
| Cash from Investing Activity | 9.07 | 2.27 | -0.11 | 0.07 | -0.44 | 52.47 | 0 | -1.73 | -4.56 | -0.01 |
| Cash from Financing Activity | 12.91 | -0.06 | -4.06 | -2.27 | -132.37 | -48.87 | -0.24 | -1.07 | 0 | 0 |
| Net Cash Flow | 9.48 | -8.77 | -0.69 | -0.91 | -0.08 | 0.29 | 0.1 | 0.46 | -0.93 | 0.01 |
| Free Cash Flow | -13.18 | -10.71 | 1.7 | 0.99 | 132.06 | 49 | 0.34 | 3.27 | 3.63 | 0.02 |
| CFO/OP | -242 | 44 | -16 | -3 | -633 | -3030 | -62 | -253 | -346 | -2 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 98.56 | 70.25 | 63.72 | 43.45 | 61.79 | 0 | — | — | — | — |
| Inventory Days | 122.99 | 67.75 | 76.63 | 57.97 | 244.42 | 0 | — | — | — | — |
| Days Payable | 96.55 | 37.13 | 65.59 | 88.16 | 454.07 | — | — | — | — | — |
| Cash Conversion Cycle | 125 | 100.86 | 74.77 | 13.26 | -147.86 | 0 | — | — | — | — |
| Working Capital Days | -13.31 | -108.87 | -151.13 | -303.21 | -578.68 | -5.4 | — | — | — | — |
| ROCE % | 1.08 | -17.59 | -17.7 | -54.28 | -106.55 | — | 189.97 | 4.19 | 28.07 | 5.71 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 65.53% | 65.53% | 65.53% | 65.53% | 65.53% | 65.53% | 65.53% | 65.53% | 65.53% | 65.53% | 65.53% | 65.53% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 31.32% | 31.65% | 32.48% | 32.95% | 32.89% | 32.89% | 32.9% | 32.82% | 32.83% | 32.79% | 32.88% | 32.83% |
| Others | 3.09% | 2.77% | 1.94% | 1.46% | 1.52% | 1.52% | 1.51% | 1.6% | 1.58% | 1.62% | 1.54% | 1.59% |
| No. of Shareholders | 7908 | 8699 | 9225 | 9490 | 9732 | 9791 | 9794 | 9800 | 9785 | 9722 | 9677 | 9719 |

## Technical Indicators

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

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 13 / 5 / 1

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 13.97 | Buy |
| EMA (10) | 14.02 | Buy |
| SMA (20) | 13.55 | Buy |
| EMA (20) | 13.73 | Buy |
| SMA (50) | 13.29 | Buy |
| EMA (50) | 13.46 | Buy |
| SMA (100) | 13.33 | Buy |
| EMA (100) | 13.45 | Buy |
| SMA (200) | 13.71 | Buy |
| EMA (200) | 13.92 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 62.79 | Neutral |
| MACD (12,26,9) | 0.31 | Buy |
| Stochastic (14,3,3) | 35.38 | Neutral |
| ADX (14) | 36.09 | Buy |
| Williams %R (14) | -58.08 | Neutral |
| ATR (14) | 1.03 | High Volatility |
| ROC (12) | 13.47 | Buy |
| Stoch RSI (14) | 81.54 | Sell |
| UO (7,14,28) | 30.49 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-08 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9f66150d-481f-48fe-8e1a-facb9eedf2c9.pdf) |
| 2026-09-08 | [Report On The Requests For Re-Lodgement Of Transfer Of Physical Shares](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=90e3c360-5633-4d75-b14b-391a3a4d010f.pdf) |
| 2026-09-02 | [Intimation Of Dispatch Of Letter To Shareholders Whose Email Address Is Not Registered With Company/RTA/DP](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=16e4a7b1-e477-4396-a770-0bea5544a0d5.pdf) |
| 2026-09-01 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=77d5f4ea-53ac-4c7a-a526-f67db75bf2ef.pdf) |
| 2026-08-31 | [Intimation Of 52Nd Annual General Meeting (AGM) To Be Held On 26Th September 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d27d335f-0926-4dad-90f2-479d1261b247.pdf) |
| 2026-08-31 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=62eed061-9e0e-4f3c-949d-f3fc71cb21b0.pdf) |
| 2026-08-12 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9055e18b-f2b0-47e4-871d-20c7530bc4bf.pdf) |
| 2026-08-11 | [Board Meeting Outcome for Standalone Un-Audited Financial Results For Quarter Ended 30 June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=81d06523-edfe-4ac7-a917-1101ad84e25b.pdf) |
| 2026-08-11 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=35c2fd44-5311-44c0-97e1-a3d2ff22e0ec.pdf) |
| 2026-08-11 | [Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d8509a00-93fb-46b9-b4d8-4a1a835f0d57.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-11 | [Consideration And Approval Of Unaudited Financial Results For The Quarter Ended 30 June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6bf6728c-ef48-489b-bd11-7e111ff8ebb8.pdf) |
| 2026-06-03 | [Revised Standalone Financial Results For The Quarter And Financial Year Ended 31 March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cc0b6281-fdfc-496c-be2a-6610d641cc15.pdf) |
| 2026-05-22 | [Standalone Audited Financial Results For The Quarter And Financial Year Ended March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5bf149d4-a0d2-41de-8f35-cb38c15510a8.pdf) |
| 2026-02-14 | [Consideration And Approval Of Un-Audited Financial Results Of The Company For The Quarter And Nine Months Ended On 31 December 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d1f9ca98-c601-4b1f-a49e-bdc2dcb0e89f.pdf) |
| 2025-11-10 | [Consideration And Approval Of Un-Audited Financial Results For The Quarter And Half Year Ended On 30Th September 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=575978e9-3a69-465c-bf36-1b70135d440c.pdf) |
| 2025-08-11 | [Consideration And Approval Of Unaudited Financial Results For The First Quarter Ended 30Th June 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=949f32b6-80a9-4ed1-9c16-262384802a6e.pdf) |
| 2025-05-27 | [Financial Results For Quarter And Year Ended 31.03.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f65a9f5b-a35e-4d67-9bf9-ad7c64bda761.pdf) |
| 2025-02-03 | [Financial Results For Quarter Ended 31St December 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0eea4f68-cbe5-4be2-a2f7-dbb6baae3c82.pdf) |
| 2024-11-11 | [Financial Results For Quarter Ended 30/09/2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6c27ebf9-81dc-42ea-9386-3121e66245f0.pdf) |
| 2024-08-10 | [Un-Audited Financial Results For Quarter Ended 30Th June, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b523d00a-0c10-4b6d-bed3-5fb22680b89b.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 8 Apr - Reported zero March 2026 re-lodgment requests for physical shares under SEBI special window. | [Report On The Request For Re-Lodgement Of Transfer Of Physical Shares 8 Apr - Reported zero March 2026 re-lodgment requests for physical shares under SEBI special window.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fc443997-7e04-4fe8-90ff-a6c08fbde23c.pdf) |
| 7 May - Reported April 2026 re-lodgment of physical share transfer requests; none received, processed, approved, or rejected. | [Report On The Requests For Re-Lodgement Of Transfer Of Physical Shares 7 May - Reported April 2026 re-lodgment of physical share transfer requests; none received, processed, approved, or rejected.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/93f07c44-e1a8-44a1-98fb-f3406613bfcb.pdf) |
| 7 Jan - RTA report (06 Jan 2026): two re-lodgment requests received/processed, zero approved, two rejected, 10-day average. | [Report On The Request For Re-Lodgement Of Transfer Of Physical Shares 7 Jan - RTA report (06 Jan 2026): two re-lodgment requests received/processed, zero approved, two rejected, 10-day average.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/56f35bee-ebb0-41d3-9e63-7a4f2f074708.pdf) |
| 6 Apr - Submitted Regulation 74(5) compliance certificate for quarter ended 31 March 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 6 Apr - Submitted Regulation 74(5) compliance certificate for quarter ended 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/31fe2689-df64-4075-bdc9-ee4b0b31162f.pdf) |
| 5 May - Newspaper publishing regarding special window for re-lodgement of transfer requests of physical shares | [Announcement under Regulation 30 (LODR)-Newspaper Publication 5 May - Newspaper publishing regarding special window for re-lodgement of transfer requests of physical shares](https://www.bseindia.com/xml-data/corpfiling/AttachLive/f2bf95b9-e57f-473d-b7a5-40cbe892dc6a.pdf) |
| 5 Mar - Newspaper publishing regarding special window for re-lodgement of transfer requests of physical shares | [Announcement under Regulation 30 (LODR)-Newspaper Publication 5 Mar - Newspaper publishing regarding special window for re-lodgement of transfer requests of physical shares](https://www.bseindia.com/xml-data/corpfiling/AttachHis/03623c5d-37ed-4602-8554-1befee6f8882.pdf) |
| 3 Feb - Board meeting on 14 Feb 2026 to approve Q3/9M unaudited results ended 31 Dec 2025. | [Board Meeting Intimation for Consideration And Approval Of Un-Audited Financial Results For The Quarter And Nine Months Ended On 31St December, 2025. 3 Feb - Board meeting on 14 Feb 2026 to approve Q3/9M unaudited results ended 31 Dec 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3118e253-f2da-4849-b90a-ed6aa72240b2.pdf) |
| 27 November 2025 - Investor meeting on Dec 2, 2025 at Emerging Ideas Conference 2025; presentation public. | [Analysts/Institutional Investor Meet/Con. Call Updates 27 November 2025 - Investor meeting on Dec 2, 2025 at Emerging Ideas Conference 2025; presentation public.](https://nsearchives.nseindia.com/corporate/AELAPRAMEYA_27112025122108_nuvama.pdf) |
| 24 November 2025 - Aprameya to attend SAMRUDHI 2.0 virtual SME conclave on 3 Dec 2025, 3:00 PM. | [Analysts/Institutional Investor Meet/Con. Call Updates 24 November 2025 - Aprameya to attend SAMRUDHI 2.0 virtual SME conclave on 3 Dec 2025, 3:00 PM.](https://nsearchives.nseindia.com/corporate/AELAPRAMEYA_24112025162904_investor.pdf) |
| 17 Apr - Modern Steels says it is not a Large Corporate under SEBI debt-fundraising circulars. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 17 Apr - Modern Steels says it is not a Large Corporate under SEBI debt-fundraising circulars.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/be32d982-71fe-4375-92ba-214022fc7354.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://nsearchives.nseindia.com/corporate/AELAPRAMEYA_14112025153720_analyst.pdf) |
| May 2025 | [Concall - May 2025](https://nsearchives.nseindia.com/corporate/AELAPRAMEYA_17052025170011_1.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_26793_APRAMEYA_2024_2025_A_08072025170033.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b3494a82-8748-4131-9684-926e45ae4f4f.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a2f9ad04-e7ca-4ad9-a1f0-70a0514bfe20.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3ef771a4-0fb2-4cbd-8bfa-d0ea01e2cab6.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/513303/76422513303.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/513303/72829513303.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/513303/67822513303.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/513303/5133030319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/513303/5133030318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/513303/5133030317.pdf) |

---

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 2026-09-13T19:15:36.861Z.