Modern Malleables Limited

BSE: MODMA517336ISIN INE834C01028

Industrials
Iron & Steel Products

Share price

₹42.00-2.14 (-4.85%)

as of 3 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹85.79
52W low: ₹3.83
Off 52W high: -51.04%
1M return: +23.53%
3M return: -7.12%
6M return: -27.18%
1Y return: +1,050.68%
20D avg volume: 1,250
50 DMA: ₹41.94
200 DMA: —

Key ratios Standalone

Market cap: ₹489.41 Cr
Current price: ₹42.00
52W high / low: ₹85.79 / ₹3.83
Face value: ₹1.00
P/E: 20.10
P/B: 2.82
EPS (TTM): ₹2.09
Book value / share: ₹14.89
ROE: 14.05%
ROCE: 14.40%
Operating margin: 19.40%
Net margin: 13.59%
Debt / equity: 0.06
Net debt: ₹11.46 Cr
Interest cover: 35.85
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 117.7 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	55.23	53.45	31.46	38.15	27.82	26.17	13.21	10.50	2.31	1.12	10.44	33.73
	0.00	0.15	0.00	0.02	0.06	11.04	0.13	—	1.13	3.08	0.14	0.28
	55.23	53.60	31.46	38.17	27.88	37.22	13.34	10.50	3.44	4.20	10.59	34.00
	45.20	41.90	25.89	32.93	24.60	24.39	13.94	10.23	3.92	2.70	9.40	20.34
	39.08	35.93	22.04	27.03	20.32	17.99	11.85	8.01	1.79	0.83	7.69	22.26
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	1.20	1.28	1.06	1.20	0.88	1.12	0.99	0.81	0.83	0.86	0.80	0.73
	0.45	0.20	0.05	0.30	0.19	0.20	—	—	—	—	—	—
	0.24	0.31	0.19	0.20	0.20	0.19	0.17	0.17	0.16	0.18	0.24	0.17
	3.92	3.47	2.56	4.23	3.23	3.86	2.00	1.54	1.05	1.52	1.79	2.09
	10.03	11.69	5.57	5.24	3.27	12.83	-0.60	0.27	-0.48	1.50	1.18	13.66
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	10.03	11.69	5.57	5.24	3.27	12.83	-0.60	0.27	-0.48	1.50	1.18	13.66
	2.52	2.90	1.40	1.32	0.82	2.01	—	—	—	0.38	0.30	3.44
	7.50	8.79	4.17	3.92	2.45	10.82	-0.60	0.27	-0.48	1.11	0.88	10.22
	0.64	0.75	0.36	0.34	0.21	1.03	-0.05	0.02	-0.04	0.09	0.08	0.88
Key metrics
	10.72	12.20	5.81	5.74	3.66	13.22	-0.43	0.44	-0.32	1.68	1.42	13.83
	19.40%	22.80%	18.50%	15.00%	13.20%	50.50%	-3.30%	4.20%	-13.90%	150.00%	13.60%	41.00%
	13.60%	16.40%	13.30%	10.30%	8.80%	41.30%	-4.50%	2.60%	-20.80%	99.10%	8.40%	30.30%
	—	6.50%	—	3.00%	—	7.50%	—	—	—	—	—	—
	98.50%	104.20%	138.20%	263.30%	1,104.30%	2,236.60%	26.50%	-68.90%	—	—	—	—
	206.10%	-18.80%	795.00%	1,351.90%	610.40%	874.80%	-168.20%	-97.40%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23
Income statement
	178.29	150.87	52.31	67.66	52.29
	0.17	0.25	12.18	3.67	2.11
	178.46	151.12	64.49	71.34	54.40
	145.92	125.32	52.46	52.58	42.13
	124.08	106.99	40.51	38.44	28.49
	0.00	0.00	0.00	—	—
	4.74	3.16	2.58	3.13	2.76
	1.00	0.74	0.23	—	—
	0.94	0.89	0.75	0.74	0.79
	14.18	14.42	9.50	7.01	4.90
	32.53	25.79	12.03	18.75	12.27
	0.00	0.00	0.00	—	—
	32.53	25.79	12.03	18.75	12.27
	8.14	6.45	2.01	4.73	3.01
	24.38	19.34	10.02	14.03	9.27
	2.09	1.66	0.96	1.20	0.80
Key metrics
	34.47	27.42	13.01	19.49	13.06
	19.33%	18.20%	24.90%	28.80%	25.00%
	13.67%	12.80%	19.20%	20.70%	17.70%
	—	14.40%	7.10%	—	—
	129.46%	188.40%	-22.70%	29.40%	—
	88.41%	93.00%	-28.60%	51.30%	—
	—	5.70	-12.28	—	—
	—	0.36	-1.07	—	—
	—	0.06	0.03	—	—
	—	11.46	4.08	—	—
	—	117.7	213.1	—	—
Balance sheet
	—	224.44	200.79	—	—
	—	78.28	59.77	—	—
	—	0.09	0.06	—	—
	—	38.47	18.00	—	—
	—	38.22	35.99	—	—
	—	2.81	—	—	—
	—	6.37	5.94	—	—
	—	28.06	23.45	—	—
	—	40.71	27.88	—	—
	—	11.55	4.14	—	—
	—	11.55	4.14	—	—
	—	0.00	0.00	—	—
	—	177.92	158.84	—	—
Cash flow
	—	7.04	-10.77	—	—
	—	-6.27	-10.78	—	—
	—	-0.74	-0.23	—	—
	—	1.34	1.51	—	—

Compounded growth

Sales CAGR 3Y: +42.36%
Sales CAGR 5Y: —
Profit CAGR 3Y: +27.78%
Profit CAGR 5Y: —
Sales YoY (TTM): +129.46%
Profit YoY (TTM): +88.41%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 59.39%

Quarter	September 2026	June 2026
Promoter %	59.39%	59.39%

Holder	Type	Holding	Previous	Change
VIDHI SERVICES PVT. LTD.	Promoter Group	7.14%	7.14%	0.00%
SHARDDHA JHUNJHUNWALA	Promoter	5.34%	5.34%	0.00%
ANSUYA JHUNJHUNWALA	Promoter	4.99%	4.99%	0.00%
ARCHIT JHUNJHUNWALA	Promoter	4.99%	4.99%	0.00%
BISWANATH JHUNJHUNWALA	Promoter	4.98%	4.98%	0.00%
SIDDHISHREE JHUNJHUNWALA	Promoter	4.98%	4.98%	0.00%
RADHAKISHAN BISHWANTH	Promoter	4.96%	4.96%	0.00%
ANUBHA DHANDHANIA	Promoter	4.94%	4.94%	0.00%
SSP PRODUCTS PVT. LTD.	Promoter Group	4.85%	4.85%	0.00%
LINE ACCESSORIES PVT. LTD.	Promoter Group	4.61%	4.61%	0.00%
ANUJA AGARWAL	Promoter	4.54%	4.54%	0.00%
C & J PROPERTIES PVT. LTD.	Promoter Group	3.02%	3.02%	0.00%
MODERN FINANCIAL SERVICES LTD.	Promoter Group	0.04%	0.04%	0.00%
STHAVISHTAY INVESTMENT & TRADING CO.PVT LTD.	Promoter Group	0.01%	0.01%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Welspun Corp Limited	63,062	2,390.60	26.60	16.70%	+13.62% TTM	+9.55% TTM	+158.46%
APL Apollo Tubes Limited	61,038	2,198.30	46.60	28.20%	+15.83% TTM	+24.90% TTM	+23.52%
Shyam Metalics and Energy Limited S	34,361	1,231.00	58.56	12.00%	+6.12% TTM	+12.47% TTM	+38.81%
Ratnamani Metals & Tubes Ltd	17,199	2,453.80	33.44	16.30%	-16.31% TTM	-8.61% TTM	+0.53%
Jindal Saw Ltd.	16,202	253.35	32.58	10.80%	-0.73% TTM	-55.61% TTM	+48.64%
Usha Martin Ltd.	14,798	485.60	29.16	18.20%	+8.54% TTM	+25.85% TTM	+2.31%
GODAWARI POWER AND ISPAT LTD.	13,845	205.65	17.14	17.90%	+8.43% TTM	+8.78% TTM	-26.21%
GALLANTT ISPAT LIMITED	12,753	528.55	31.30	18.00%	+5.52% TTM	-17.31% TTM	-5.83%
Jayaswal Neco Industries Ltd S	8,906	91.72	12.94	24.20%	+18.34% TTM	+82.81% TTM	+21.19%
Aeroflex Industries Limited	7,504	567.10	83.87	16.50%	+55.03% TTM	+87.04% TTM	+210.65%
Maharashtra Seamless Ltd.	7,450	556.00	10.11	13.00%	-12.21% TTM	-16.12% TTM	-3.03%
Sunflag Iron & Steel Co. Ltd.	7,070	392.30	34.35	3.70%	+9.35% TTM	+4.58% TTM	+48.12%
Shivalik Bimetal Controls Ltd.	6,178	1,072.50	58.24	25.00%	+27.78% TTM	+33.44% TTM	+130.55%
Technocraft Industries (India) Ltd.	6,166	2,719.40	17.69	19.30%	+12.39% TTM	+33.31% TTM	+12.14%
Man Industries (India) Ltd	5,756	767.35	28.17	16.10%	+10.75% TTM	+26.33% TTM	+94.91%
Goodluck India Limited	5,412	542.70	24.86	19.40%	+18.76% TTM	+31.22% TTM	+32.51%
SAMBHV STEEL TUBES LIMITED	4,886	165.80	25.04	17.50%	—	—	+41.23%
Bansal Wire Industries Limited	4,681	59.80	5.97	16.20%	+20.27% TTM	+2.82% TTM	-2.99%
Surya Roshni Ltd.	4,492	206.40	14.41	15.00%	+11.69% TTM	+8.34% TTM	-31.93%
Electrosteel Castings Ltd.	4,241	68.60	35.12	5.10%	-15.69% TTM	-78.91% TTM	-23.36%
Venus Pipes & Tubes Limited S	3,813	1,840.60	40.76	22.80%	+21.73% TTM	+15.01% TTM	+45.10%
Kalyani Steels Ltd	3,774	864.65	13.40	16.20%	-1.11% TTM	+8.01% TTM	+1.58%
Kirloskar Industries Ltd	3,479	3,308.30	10.24	—	+3.82% TTM	-0.15% TTM	-12.15%
Vardhman Special Steels Ltd S	3,454	356.90	21.41	13.50%	+14.75% TTM	+68.58% TTM	+20.94%
Ratnaveer Precision Engineering Limited S	3,192	380.35	41.84	13.30%	+21.02% TTM	+45.53% TTM	—
Modern Malleables Limited S	489	42.00	20.10	14.40%	+129.46% TTM	+88.41% TTM	+1,050.68%

Filings & corporate actions

Recent announcements

Certificate under Reg. 74(5) of SEBI14 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation of Closure of Trading windows6 Oct 2026 · Insider Trading / SAST / Closure of Trading Window
Scrutinizers report on the 42th AGM of the Company21 Sep 2026 · AGM/EGM / AGM
Outcome of the 42th AGM of Company21 Sep 2026 · AGM/EGM / AGM
Proceeding of the 42th Annual General Meeting (AGM) of the Company19 Sep 2026 · Company Update / Meeting Updates
Announcement under Regulation 30 (LODR)-Newspaper Publication28 Aug 2026 · Company Update / Newspaper Publication
News Paper Publication of 42th Annual General Meeting of the company for the F.Y 2025-26.26 Aug 2026 · Company Update / Newspaper Publication
Outcome of the Board meeting held on August 25, 2026.26 Aug 2026 · Board Meeting / Outcome of Board Meeting
Intimation of completion of Dispatch of Notice of 42th AGM and Annual Report for the F.Y -2025-2026 to the Member of the company.25 Aug 2026 · Company Update / General
Pursuant to Regulation 34 of the SEBI (Listing obligations And Disclosure Requirements) Regulations, 2015, please find enclosed the Annual Report of the Company for the Financial Year 2025-2026.25 Aug 2026 · Others / Reg. 34 (1) Annual Report
Notice of the 42th Annual General Meeting of the Company to held on Friday 18th September, 2026.25 Aug 2026 · AGM/EGM / AGM
intimation of Book closure for Annual General Meeting for the F.Y 2025-2625 Aug 2026 · Corp. Action / Book Closure
Modern Malleables Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 25/08/2026 ,inter alia, to consider and approve Modern Malleables Ltdhas ....25 Aug 2026 · Board Meeting / Board Meeting
Newspaper Publication13 Aug 2026 · Company Update / Newspaper Publication
Un-Audited Financial Results for the Quarter ended on 30th June, 202612 Aug 2026 · Board Meeting / Outcome of Board Meeting
Un-Audited financial result for the Quarter ended on 30th June,202612 Aug 2026 · Result / Financial Results
Modern Malleables Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/08/2026 ,inter alia, to consider and approve Board Meeting Intimation ....5 Aug 2026 · Board Meeting / Board Meeting
Certificate under Regulation 74(5) of SEBI (DP) Regulation 2018.14 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Notice for closure of Trading window14 Jul 2026 · Insider Trading / SAST / Closure of Trading Window
News Paper publication of the financial result for the quarter and year ended 31.03.202626 May 2026 · Company Update / Newspaper Publication
Outcome of BM Held On Monday, 25th May, 2026 at 3.30 PM.25 May 2026 · Board Meeting / Outcome of Board Meeting
Declaration of Financial Result for the quarter and year ended 31st March 2026.25 May 2026 · Result / Financial Results
Modern Malleables Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 25/05/2026 ,inter alia, to consider and approve Board Meeting Intimation ....18 May 2026 · Board Meeting / Board Meeting
Announcement under Regulation 30 of SEBI(LODR)-Disclosure by Large Entities.20 Apr 2026 · Company Update / General
Annual Secretarial compliance report mar-2620 Apr 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Certificate as per Regulation 74(5) of SEBI (DP) Regulation 2018.17 Apr 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Notice for closure of Trading Window25 Mar 2026 · Insider Trading / SAST / Closure of Trading Window
Newspaper Publication for un-audited financial result for the quarter and nine month ended 31st December,2025.13 Feb 2026 · Company Update / Newspaper Publication
Non-applicabilty of Statement of Deviation and variation under Regulation 32(1).12 Feb 2026 · Company Update / Reg. 32 (1), (3) - Statement of Deviation & Variation
Un-audited Financial Result for the Quarter and nine month ended 31-12-2025.12 Feb 2026 · Result / Financial Results
Outcome of the Board Meeting held on 12th February, 202612 Feb 2026 · Board Meeting / Outcome of Board Meeting
Modern Malleables Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/02/2026 ,inter alia, to consider and approve Board Meeting Intimation ....5 Feb 2026 · Board Meeting / Board Meeting
Certificate Regulation 74(5) of SEBI (DP) regulation for the quarter ended December 2025.14 Jan 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Notice for closure of Trading Window27 Dec 2025 · Insider Trading / SAST / Closure of Trading Window
News paper publication of Un-audited financial result of quarter and half year ended 30th September, 2025.13 Nov 2025 · Company Update / Newspaper Publication
Un-Audited Financial Result for the Quarter and Half Year ended 30-09-2025.12 Nov 2025 · Result / Financial Results
Outcome of the Board meeting held on 11th November, 2025.12 Nov 2025 · Board Meeting / Outcome of Board Meeting
Modern Malleables Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/11/2025 ,inter alia, to consider and approve Board Meeting Intimation ....5 Nov 2025 · Board Meeting / Board Meeting
Certificate Regulation 74 (5) of SEBI (DP) regulation for the Quarter ended September-202514 Oct 2025 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Notice for Closure of Trading Window25 Sep 2025 · Insider Trading / SAST / Closure of Trading Window

Board meetings

12 Aug 2026 Board Meeting - Financial Results