Modern Insulators Ltd.

Capital Goods · Electrical Equipment

BSE: 515008

₹428.90

Sept. 30, 2026 · BSE · bse_bhavcopy

Peers in Electrical Equipment

The largest companies in the same industry by market cap. This company ranks #45 of 95. PE, ROE, 1Y return and scores come from the daily/weekly precomputed snapshot.

Company	Market cap (₹ Cr)	PE (TTM)	ROE	1Y return	Div. yield	Quality	Valuation	Momentum
Bharat Heavy Electricals Limited	144,680	59.9	6.1%	73.0%	—	54	36	32
ABB India Limited	143,589	92.3	13.6%	30.3%	1.76%	73	0	28
Hitachi Energy India Limited	136,525	118.7	19.1%	68.9%	0.03%	81	33	31
CG Power and Industrial Solutions Limited	134,535	96.5	14.5%	15.5%	0.15%	81	0	30
Siemens Limited	132,676	107.1	11.2%	19.4%	0.48%	72	0	29
Siemens Energy India Limited	113,959	76.6	—	-5.9%	0.13%	94	0	66
GE Vernova T&D India Limited	107,565	82.4	45.8%	36.7%	0.24%	94	31	31
Apar Industries Limited	72,791	59.7	18.1%	111.6%	0.35%	62	25	50
Modern Insulators Ltd. (this stock)	2,022	21.1	13.8%	195.2%	—	69	67	50

Valuation multiples

Current only. Market cap is the whole company's; sales/EBITDA are trailing-twelve-month standalone; debt and cash come from the latest filed standalone balance sheet (March 31, 2026). EBITDA = PBT + interest + depreciation.

Enterprise value

₹2,077 Cr

EV / EBITDA

14.9x

EV / Sales

2.71x

Market cap / Sales

2.64x

Earnings yield

4.74%

Quarterly Financials

Download CSV

Standalone Consolidated

↑ Positive

Quarterly Revenue

Jun 2026 quarterly revenue is Rs 197 Cr, up 34.0% YoY.

Period end	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)	Basic EPS
June 30, 2026	187	37	29	₹6.1400
March 31, 2026	202	34	25	₹5.2200
Dec. 31, 2025	199	32	25	₹5.2300
Sept. 30, 2025	177	22	18	₹3.7200
June 30, 2025	141	15	—	₹3.4200
March 31, 2025	160	13	—	₹1.9200
Dec. 31, 2024	125	12	9	₹1.9600
Sept. 30, 2024	115	12	13	₹2.7800
June 30, 2024	104	8	8	₹1.6500
March 31, 2024	140	15	16	₹3.4400
Dec. 31, 2023	107	10	10	₹2.1500
Sept. 30, 2023	106	6	6	₹1.3100
June 30, 2023	90	3	4	₹0.8400

Quarterly income statement (standalone, ₹ Cr)

Indicator	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23
Total income (before exceptional items)	197	208	203	184	147	158	130	120	109	144	110	109	92
Operating revenue	187	202	199	177	141	160	125	115	104	140	107	106	90
Other income	9	6	4	7	5	-2	5	5	6	3	3	3	3
Operating expenses	157	170	168	157	128	142	115	110	99	125	97	101	85
Operating profit	30	32	32	19	13	18	10	5	5	15	11	5	4
Operating profit margin	16.3%	15.7%	15.8%	10.8%	9.4%	11.1%	7.8%	4.3%	4.5%	10.6%	9.9%	5.1%	4.8%
Depreciation	2	2	2	2	2	2	2	2	2	2	2	2	2
Interest	1	1	1	2	1	1	1	1	1	1	1	1	1
Exceptional items, gain / (loss)	—	—	—	—	—	1	0	5	1	—	—	—	—
Profit before tax	37	34	32	22	15	13	12	12	8	15	10	6	3
Tax	8	9	8	5	-1	4	3	-1	0	-1	0	-0	-0
Net profit	29	25	25	18	—	—	9	13	8	16	10	6	4
EPS	6.14	5.22	5.23	3.72	3.42	1.92	1.96	2.78	1.65	3.44	2.15	1.31	0.84
Net profit (TTM)	96	—	—	—	—	—	46	47	40	36	33	33	31
EPS (TTM)	20.31	17.59	14.29	11.02	10.08	8.31	9.83	10.02	8.55	7.74	6.96	6.93	6.63

Total income excludes exceptional items, which are shown on their own row. Trendlyne and Screener fold exceptional items into revenue or other income, so their totals differ from this table by exactly that row.

Annual Financials

Annual income statement (standalone, ₹ Cr; CAGR to the latest year)

Indicator	CAGR 3Y	CAGR 5Y	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18
Total income (before exceptional items)	18.4%	12.8%	741^†	517^†	455^†	447^†	448^†	407^†	449^†	448^†	499^†
Operating revenue	18.6%	13.0%	719^†	503^†	443^†	431^†	436^†	390^†	437^†	440^†	491^†
Other income	—	—	22^†	14^†	12^†	16^†	12^†	17^†	12^†	8^†	8^†
Operating expenses	—	—	624^†	466^†	408^†	408^†	414^†	351^†	407^†	404^†	460^†
Operating profit	60.1%	19.5%	96^†	37^†	35^†	23^†	22^†	39^†	30^†	36^†	31^†
Operating profit margin	—	—	13.3%^†	7.4%^†	7.9%^†	5.4%^†	5.1%^†	10.0%^†	6.9%^†	8.3%^†	6.3%^†
Depreciation	—	—	9^†	9^†	9^†	9^†	9^†	11^†	10^†	10^†	12^†
Interest	—	—	5^†	4^†	3^†	4^†	5^†	9^†	13^†	11^†	12^†
Exceptional items, gain / (loss)	—	—	0^†	7^†	0^†	0^†	0^†	0^†	0^†	0^†	0^†
Profit before tax	58.5%	23.7%	104^†	45^†	35^†	26^†	21^†	36^†	19^†	24^†	15^†
Tax	—	—	21^†	6^†	-1^†	-2^†	-1^†	0^†	-4^†	-2^†	0^†
Net profit	—	—	—	—	36^†	28^†	22^†	35^†	23^†	26^†	15^†
EPS	43.1%	18.5%	17.59^†	8.31^†	7.74^†	6.00^†	4.64^†	7.52^†	4.80^†	—	—

^† Derived: the sum of that fiscal year's four quarterly filings (a real annual filing is used wherever one exists). Checked against filed annual figures, the sum lands within 0.5% for about 94% of company-years.

Annual ratios (standalone)

Ratio	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18
Operating margin	13.3%^†	7.4%^†	7.9%^†	5.4%^†	5.1%^†	10.0%^†	6.9%^†	8.3%^†	6.3%^†
EBIT margin	15.1%^†	9.8%^†	8.7%^†	7.0%^†	5.9%^†	11.6%^†	7.3%^†	7.9%^†	5.4%^†
PBT margin	14.4%^†	9.0%^†	7.9%^†	6.0%^†	4.7%^†	9.2%^†	4.3%^†	5.3%^†	3.0%^†
Net margin	—	—	8.2%^†	6.6%^†	5.0%^†	9.1%^†	5.2%^†	5.8%^†	3.0%^†
Interest coverage	21.14x^†	11.93x^†	11.30x^†	7.27x^†	4.95x^†	4.85x^†	2.46x^†	3.13x^†	2.26x^†
Dividend payout	—	—	—	—	—	—	—	—	—
Earnings retention	—	—	—	—	—	—	—	—	—
Current ratio	4.02x	4.00x	—	—	—	—	—	—	—
Quick ratio	2.80x	2.59x	—	—	—	—	—	—	—
Debt to equity	0.11x	0.04x	—	—	—	—	—	—	—
Return on equity	—	—	—	—	—	—	—	—	—
Return on assets	—	—	—	—	—	—	—	—	—
Return on capital employed	17.3%^†	9.7%^†	—	—	—	—	—	—	—
Asset turnover	0.95x^†	0.84x^†	—	—	—	—	—	—	—

Margins and asset turnover use operating revenue (interest earned for banks, excluding other income), not total income. Liquidity, leverage and return ratios need a filed standalone balance sheet, which exists only for recent years; returns use year-end equity/assets. Dividend payout is shown only for companies with a dividend record. † = built from a summed fiscal year.

Revenue Mix

Data unavailable.

Cash Flow

Year ended	Operating (₹ Cr)	Investing (₹ Cr)	Financing (₹ Cr)	Capex (₹ Cr)	Free Cash Flow (₹ Cr)
March 31, 2026	47	-83	37	21	26
March 31, 2025	40	-41	2	19	21

Balance Sheet (standalone)

Year ended	Total Assets (₹ Cr)	Total Equity (₹ Cr)	Reserves (₹ Cr)	Borrowings, Current (₹ Cr)	Borrowings, Non-current (₹ Cr)	Current Assets (₹ Cr)	Current Liabilities (₹ Cr)	Cash & Equivalents (₹ Cr)	Net Block (₹ Cr)	Inventory (₹ Cr)
March 31, 2026	757	549	502	28	32	512	127	6	156	155
March 31, 2025	599	466	419	19	0	354	89	4	157	125

Financial charts

Trend charts drawn from the standalone income-statement and ratio tables above (oldest year on the left); a gap means that period has no figure. Annual years marked † in the tables are derived from four quarters.