Modern Insulators Ltd
MODINSUBSE
₹473.80▼ -13.75 (-2.82%)
Whole company worth₹2,211 Cr
Price for ₹1 of profit₹27
1-year range₹142 – ₹579
The short version
A steadily growing, profitable business — priced at a steep premium to what it earns.
What Modern Insulators does
Modern Insulators is an arm of the Modern group of Industries and was set up in 1985 in collaboration with Siemens, Germany.
Worked out from Modern Insulators's own filed results and exchange data, in plain words. Where a finance term matters, we say what it means.
01What does it do?
Modern Insulators is a small-sized company in other electrical equipment.
Modern Insulators is an arm of the Modern group of Industries and was set up in 1985 in collaboration with Siemens, Germany. Modern Insulators is also India’s largest manufacturer and exporter of porcelain insulators and is closely associated with National and Regional Utilities, Indian Railways, OEMs & EPC companies worldwide.
- Whole company is worth
- ₹2,211 crore
- Shareholders
- 1.4 lakh people
- Listed since
- 2020
A small company by stock-market value — these tend to move more sharply.
02Is it growing?
Sales have grown 13% a year for 5 years.
At that pace a business doubles in size roughly every 6 years. Profit grew even faster, at 19% a year — the business is keeping more of each rupee it brings in.
Point at a bar for exact figures · amounts in ₹ crore
03Does it make money?
Out of every ₹100 it sells, it keeps ₹12 as profit.
Here is where the money from Modern Insulators's sales went in FY26, the latest full year it has reported.
₹87
₹12
- ₹87Costs of running the businessstaff, rent, marketing, power and everything else
- ₹0.7Interest on its loansthe cost of borrowed money
- ₹1.3Wear and tearmachines, stores and buildings losing value over time
- ₹12Profit it keepswhat is left for the company's owners
On the money its owners have put in
It earns ₹16 a year on every ₹100 its owners have invested.
Bank FD ~₹6–7
₹16
₹0₹10₹20₹30₹40
That figure is called return on equity (ROE). Between ₹12 and ₹20 is a respectable return. For comparison, a bank fixed deposit pays roughly ₹6–7.
Does the profit turn into cash?
For every ₹100 of profit it reported, ₹65 actually came in as cash.
Profit it reported₹158 Cr
Cash its business brought in₹103 Cr
Over the last 3 years: ₹158 crore of profit but ₹103 crore of cash. Some of the profit is tied up — often in unsold stock or money customers still owe.
04Is the price high or low?
You pay ₹27 for every ₹1 of profit it makes in a year.
This is the P/E ratio: share price divided by a year's profit per share. A P/E of 27 means buyers are paying for about 27 years of today's profit up front.
The share price over the past year
It is 18% below its highest price of the past year and 233% above its lowest.
05Who owns it?
Its founders and parent group own 60 of every 100 shares — they control the company.
If the company were split into 100 equal shares, this is who would hold them. 1.4 lakh people and institutions hold its shares.
As filed for the quarter ending 30 Jun 2026. Arrows show the change since the quarter before, in percentage points.
07What happened lately?
Its latest quarter.
Apr–Jun 2026 is the most recent quarter it has reported. Each figure is compared with the same three months a year earlier, because many businesses sell more in some seasons than others.
Sales
₹187 Cr
Profit
₹29 Cr
No notable developments in the last few weeks.
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This page describes Modern Insulators using its reported figures and exchange data. It is for information only and is not investment advice or a recommendation to buy, sell or hold. DocStoX is not a SEBI-registered investment adviser or research analyst.
Modern Insulators Ltd (MODINSU): company summary
The company's business is improving, with annual revenue rising 42.9% and annual net profit jumping 112.8%.
Modern Insulators Ltd (MODINSU) is a micro-cap Capital Goods company valued at ₹2,211 crore operating in Other Electrical Equipment on the NSE and BSE.
- Recent price move
- Modern Insulators Ltd last traded at ₹473.8, down 2.82% on the day.
- Recent developments
- On 2026-06-30, the company reported its latest quarter results, showing revenue of ₹187 crore and net profit of ₹29 crore, up 32.6% and 81.2% from the year-ago quarter. Promoter holding remained at 60.18%, while foreign institutional holding increased by 0.07 percentage points and domestic institutional holding decreased by 0.11 percentage points.
- Financial performance
- The company's business is improving, with annual revenue rising 42.9% and annual net profit jumping 112.8%. The latest quarter saw revenue grow 32.6% and net profit surge 81.2% compared to the same quarter a year earlier. Net profit margin widened to 11.5% from 7.8%, while return on equity and return on capital employed remained strong at 16.3% and 20.0%, respectively.
- Valuation multiples
- The stock trades at 26.9 times earnings, 4.27 times book value.
- Things to watch
- The stock is 15.8% below its 52-week high, and domestic institutional holding fell by 0.11 percentage points in the quarter. Net profit margin, though up, is still dependent on continued revenue growth to sustain returns. Debt to equity remains low at 0.11, but the company's micro-cap status exposes it to higher volatility.
- Where it stands
- Modern Insulators Ltd has delivered strong revenue and profit growth over the past year and quarter, with net profit margin widening significantly. The stock is currently 15.8% below its 52-week high, and institutional holdings have shifted slightly. The company's financials remain healthy, with low debt and strong returns, but its micro-cap status and recent price performance highlight key risks.
Summarised by DocStoX's model on 2026-10-18 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.
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