Modern Steels Ltd
NSE: BSE: 513303
₹13.56
-0.28 (2.02%)
Thu, 22 Oct 2026, 06:50 pm
Market Cap (in Cr)19.05
PE Ratio15.55
Dividend0
Modern Steels Analysis
dividend
Pros
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
Pros
- Modern Steels's cash and other short term assets cover its long term commitments.
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
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.
Cons
misc
Pros
Cons
- Modern Steels is not covered by any analysts.
past
Pros
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
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.
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.