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Modern Insulators Ltd
MODERNINSULATORSLTD NSE
Modern Insulators Ltd
Capital GoodsNSE: MODERNINSULATORSLTD BSE: MODINSU Other Electrical Equipment
Key Fundamentals
MicrocapOther Electrical EquipmentCapital GoodsMarket Cap
₹1,915 Cr
Volatility
Moderate
P/E Ratio
21.4
EBITDA
₹94.68 Cr
Return on Equity
8.33%
Debt to Equity
0.11
Book Value
₹115.24
EPS
₹8.29
52W High
₹579
52W Low
₹100.61
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Modern Insulators Ltd insights
37 extracted metrics + investor summaries across FY15–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
2- Company is expected to give good quarter
- Company has delivered good profit growth of 22.4% CAGR over last 5 years
Weaknesses
3- Stock is trading at 3.66 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 11.2% over last 3 years.
Growth Rate
Revenue Growth
39.29% ↗
Net Income Growth
93.39% ↗
Cash Flow Change
238.25% ↗
ROE
-1.77% ↘
ROCE
18.56% ↗
EBITDA Margin (Avg.)
29.54% ↗
Quarterly Results
| Jun 2023 | 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 | 90 | 106 | 107 | 140 | 104 | 115 | 125 | 160 | 141 | 177 | 199 | 202 | 187 |
| Expenses | 85 | 101 | 97 | 125 | 98 | 110 | 115 | 142 | 128 | 157 | 168 | 170 | 157 |
| Operating Profit | 4 | 5 | 11 | 15 | 5 | 5 | 10 | 18 | 13 | 19 | 32 | 32 | 30 |
| OPM % | 4.8% | 5% | 10% | 11% | 5% | 4.3% | 8% | 11% | 9% | 11% | 16% | 16% | 16% |
| Other Income | 3 | 3 | 3 | 3 | 6 | 10 | 5 | -1 | 5 | 7 | 4 | 6 | 9 |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| PBT | 3 | 6 | 10 | 15 | 8 | 12 | 12 | 13 | 15 | 22 | 32 | 34 | 37 |
| Tax % | -14% | -7% | 2% | -5% | 1% | -7% | 22% | 32% | -5% | 22% | 23% | 27% | 21% |
| Net Profit | 4 | 6 | 10 | 16 | 8 | 13 | 9 | 9 | 16 | 18 | 25 | 25 | 29 |
| EPS in Rs | 0.84 | 1.31 | 2.15 | 3.45 | 1.66 | 2.78 | 1.96 | 1.93 | 3.43 | 3.72 | 5.24 | 5.22 | 6.15 |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 418 | 461 | 386 | 403 | 440 | 437 | 390 | 436 | 431 | 443 | 503 | 719 | 765 |
| Expenses | 381 | 419 | 350 | 371 | 404 | 401 | 350 | 414 | 407 | 408 | 466 | 624 | 652 |
| Operating Profit | 37 | 42 | 36 | 33 | 36 | 36 | 41 | 23 | 24 | 35 | 37 | 96 | 113 |
| OPM % | 9% | 9% | 9% | 8% | 8% | 8% | 10% | 5% | 5% | 8% | 7% | 13% | 15% |
| Other Income | 5 | 11 | 9 | 7 | 8 | 7 | 15 | 12 | 15 | 12 | 21 | 22 | 26 |
| Interest | 19 | 13 | 12 | 12 | 11 | 13 | 9 | 5 | 4 | 3 | 4 | 5 | 5 |
| Depreciation | 9 | 8 | 10 | 10 | 10 | 10 | 11 | 9 | 9 | 9 | 9 | 9 | 9 |
| PBT | 14 | 32 | 23 | 18 | 24 | 19 | 36 | 21 | 26 | 35 | 45 | 104 | 125 |
| Tax % | -19% | 8% | 32% | 7% | -9% | -20% | 1% | -7% | -9% | -4% | 13% | 20% | — |
| Net Profit | 17 | 29 | 15 | 17 | 26 | 23 | 35 | 22 | 28 | 36 | 39 | 83 | 96 |
| EPS in Rs | — | — | 3.26 | 3.53 | 5.42 | 4.81 | 7.52 | 4.65 | 6.01 | 7.75 | 8.33 | 17.61 | 20.33 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 22 | 22 | 47 | 47 | 47 | 47 | 47 | 47 | 47 | 47 | 47 | 47 |
| Reserves | 214 | 243 | 194 | 211 | 236 | 258 | 293 | 315 | 343 | 380 | 419 | 502 |
| Borrowings | 61 | 59 | 78 | 84 | 93 | 101 | 24 | 26 | 8 | 19 | 19 | 60 |
| Other Liabilities | 84 | 78 | 108 | 114 | 105 | 123 | 128 | 119 | 106 | 108 | 114 | 148 |
| Total Liabilities | 380 | 402 | 427 | 456 | 481 | 530 | 491 | 507 | 505 | 554 | 599 | 757 |
| Fixed Assets | 138 | 135 | 202 | 195 | 190 | 192 | 182 | 175 | 168 | 161 | 157 | 156 |
| CWIP | 2 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Investments | 17 | 20 | 1 | 0 | 2 | 2 | 9 | 10 | 5 | 24 | 51 | 119 |
| Other Assets | 223 | 245 | 225 | 261 | 289 | 336 | 300 | 322 | 331 | 370 | 391 | 481 |
| Total Assets | 380 | 402 | 427 | 456 | 481 | 530 | 491 | 507 | 505 | 554 | 599 | 757 |
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | -2 | 9 | 25 | 36 | 31 | 34 | 50 | 10 | 23 | 11 | 40 | 52 |
| Investing | -13 | -8 | -9 | -30 | -15 | -43 | 37 | -4 | -4 | -16 | -37 | -86 |
| Financing | 12 | -1 | -17 | -5 | -2 | -5 | -87 | -3 | -22 | 8 | -4 | 36 |
| Net Cash Flow | -3 | 0 | -1 | 0 | 14 | -14 | 1 | 3 | -3 | 3 | -1 | 2 |
| Free Cash Flow | -17 | 4 | 17 | 33 | 26 | 23 | 55 | 11 | 22 | 10 | 35 | 44 |
| CFO/OP | -5 | 22 | 70 | 110 | 84 | 96 | 123 | 43 | 100 | 31 | 121 | 80 |
Ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 56 | 61 | 99 | 92 | 76 | 71 | 88 | 84 | 89 | 93 | 88 | 77 |
| Inventory Days | 184 | 129 | 244 | 257 | 289 | 400 | 353 | 340 | 306 | 271 | 324 | 283 |
| Days Payable | 66 | 54 | 115 | 109 | 84 | 147 | 130 | 110 | 83 | 85 | 99 | 99 |
| Cash Conversion Cycle | 174 | 136 | 227 | 240 | 280 | 323 | 310 | 313 | 312 | 279 | 314 | 261 |
| Working Capital Days | 39 | 41 | 64 | 61 | 56 | 82 | 128 | 129 | 161 | 169 | 155 | 186 |
| ROCE % | 12% | 13% | 9% | 9% | 10% | 9% | 10% | 6% | 8% | 9% | 9% | 20% |
Documents
1
Announcement under Regulation 30 (LODR)-Credit Rating
6 May - Crisil assigned A-/Stable and A2+ ratings to Rs130 crore bank facilities. 6 May - Crisil assigned A-/Stable and A2+ ratings to Rs130 crore bank facilities.
2
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
6 Apr - Submitted Regulation 74(5) compliance certificate for quarter ended March 31, 2026. 6 Apr - Submitted Regulation 74(5) compliance certificate for quarter ended March 31, 2026.
3
Closure of Trading Window
25 Mar - Trading window closed for designated persons Apr 1, 2026 until 48 hours after audited FY2026 results announcement. 25 Mar - Trading window closed for designated persons Apr 1, 2026 until 48 hours after audited FY2026 results announcement.
5
Announcement under Regulation 30 (LODR)-Press Release / Media Release
2 Mar - Feb 2026 sales: Total 448,259 vehicles, 27% YoY; Apr-Feb YTD 4,672,290, 9%. 2 Mar - Feb 2026 sales: Total 448,259 vehicles, 27% YoY; Apr-Feb YTD 4,672,290, 9%.
Frequently Asked Questions about Modern Insulators Ltd
What does Modern Insulators Ltd do?
Modern Insulators is an arm of the Modern group of Industries and was set up in 1985 in collaboration with Siemens, Germany. Modern Insulators is also India’s largest manufacturer and exporter of porcelain insulators and is closely associated with National and Regional Utilities, Indian Railways,...
Where is Modern Insulators Ltd (MODINSULAT) listed?
Modern Insulators Ltd is listed on the Indian stock exchanges. It is listed on NSE: MODERNINSULATORSLTD and BSE: MODINSU. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Modern Insulators Ltd belong to?
Modern Insulators Ltd operates in the Capital Goods sector within the Other Electrical Equipment industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Modern Insulators Ltd?
Modern Insulators Ltd has a market capitalisation of approximately ₹1914.72 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of Modern Insulators Ltd?
The Price-to-Earnings (PE) ratio of Modern Insulators Ltd is 21.40. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Modern Insulators Ltd?
Over the past 52 weeks, Modern Insulators Ltd has traded between a low of ₹100.61 and a high of ₹579. This range helps investors understand the stock's price volatility and recent trading levels.
What is the Return on Equity (ROE) of Modern Insulators Ltd?
Modern Insulators Ltd has a Return on Equity (ROE) of 8.33%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Modern Insulators Ltd on Tapetide?
On Tapetide, you can view Modern Insulators Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Modern Insulators is an arm of the Modern group of Industries and was set up in 1985 in collaboration with Siemens, Germany. Modern Insulators is also India’s largest manufacturer and exporter of porcelain insulators and is closely associated with National and Regional Utilities, Indian Railways, OEMs & EPC companies worldwide.[1]