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Modern Steels Ltd

NSE: BSE: 513303

14.67

(5.92%)

Sun, 01 Mar 2026, 04:19 am

Modern Steels Analysis

dividend

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Pros

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    Cons

    • Unable to evaluate Modern Steels's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
    • Unable to evaluate Modern Steels's dividend against the top 25% market benchmark as the company has not reported any payouts.

    health

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    Pros

    • Modern Steels's cash and other short term assets cover its long term commitments.
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    Cons

    • Modern Steels's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
    • Debt is not well covered by operating cash flow (1.9%, less than 20% of total debt).
    • Modern Steels has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
    • Irrelevant to check if Modern Steels's debt level has increased considering it has negative shareholder equity.
    • Modern Steels has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
    • High level of physical assets or inventory.

    management

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    Pros

    • The tenure for the Modern Steels board of directors is about average.
    • Krishan's remuneration is about average for companies of similar size in India.
    • Krishan's compensation has been consistent with company performance over the past year, both up more than 20%.
    • The tenure for the Modern Steels management team is about average.
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    Cons

      misc

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      Pros

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        Cons

        • Modern Steels is not covered by any analysts.

        past

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        Pros

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          Cons

          • Unable to compare Modern Steels's 1-year earnings growth to the 5-year average as it is not currently profitable.
          • Modern Steels does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
          • It is difficult to establish if Modern Steels has efficiently used its assets last year compared to the IN Metals and Mining industry average (Return on Assets) as it is loss-making.
          • It is difficult to establish if Modern Steels improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.
          • It is difficult to establish if Modern Steels has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
          • Unable to compare Modern Steels's 1-year growth to the IN Metals and Mining industry average as it is not currently profitable.

          value

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          Pros

          • BSE:513303 is up 15.3% outperforming the Metals and Mining industry which returned 7.5% over the past month.
          • BSE:513303 is up 15.3% outperforming the market in India which returned 8% over the past month.
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          Cons

          • Modern Steels's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
          • Modern Steels's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
          • Modern Steels has negative assets, we can't compare the value of its assets to the IN Metals and Mining industry average.
          • Modern Steels is loss making, we can't compare its value to the IN Metals and Mining industry average.
          • Modern Steels is loss making, we can't compare the value of its earnings to the India market.

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          Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800