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Swing Capital

Modern Threads (I) Ltd

NSE: MODTHREAD BSE: 500282Textile

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

₹45.5
52W: ₹35.6 — ₹62
PE 13.6 · Book ₹0 · +0% vs book
Market Cap₹158 Cr
Stock P/E13.6Price to Earnings
ROCE2.9%Return on Capital
ROE1.41%Return on Equity
Div. Yield0%Face Value ₹10

Weaknesses

  • −The company has delivered a poor sales growth of 5.34% over past five years.
  • −Earnings include an other income of Rs.12.0 Cr.

Shareholding Pattern

Promoters65.16%
FIIs0%
DIIs10.7%
Public24.14%
CategoryJun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters65.1%65.1%65.1%65.1%65.1%65.16%▲0.165.16%65.16%
FIIs0%0%0%0%0%0%0%0%
DIIs10.94%10.87%▼0.110.87%10.87%10.87%10.7%▼0.210.7%10.7%
Public23.97%24.04%▲0.124.05%▲0.024.03%▼0.024.03%24.14%▲0.124.13%▼0.024.14%▲0.0

Financial Statements

MetricSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales77.7274.9474.5758.0562.2572.3367.4169.8677.6774.9
Expenses70.3866.8668.9456.3563.6272.8466.5669.7974.9968.39
Operating Profit7.348.085.631.7-1.37-0.510.850.072.686.51
OPM %9.44%10.78%7.55%2.93%-2.2%-0.71%1.26%0.1%3.45%8.69%
Net Profit6.147.14.760.180.32-0.153.020.012.626
EPS ₹0000000000

AI Insights

Revenue Trend

TTM revenue at ₹290Cr, up 11.5% YoY. OPM at 3%.

Debt Position

Borrowings at ₹25Cr. Debt-to-equity ratio: 0.25x. Healthy balance sheet.

Capex Cycle

CWIP at ₹12Cr (25% of fixed assets). Significant capex underway — growth runway building.

Institutional Flow

DIIs: 10.7% (-1.06pp change). FIIs: 0% (+0.00pp change). Promoters hold 65.16%.

Margin & Efficiency

ROCE declining from 13% (Mar 2014) to 3% (Mar 2025). Working capital days: 60.

Valuation

PE 13.6x with 2.9% ROCE. Price is N/A% above book value of ₹0. Dividend yield: 0%.

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