Modern Threads (India) Limited

Modern Threads (India) Limited (MODTHREAD) is a micro-cap Textiles company valued at ₹160 crore operating in Other Textile Products on the NSE and BSE.

Recent price move

Modern Threads (India) Limited last traded at ₹49.85, up 4.79% on the day.

Recent developments

On 2026-09-30, promoter holding remained at 65.16%, with domestic institutional holding decreasing by 0.15 points to 10.55%. On 2026-06-30, the company reported a net profit of ₹6 crore for the latest quarter, marking a sharp increase from ₹0 crore in the same quarter a year earlier. On 2026-03-31, the company's net profit was ₹4 crore, up from ₹3 crore in the previous quarter.

Financial performance

The company's annual revenue rose 13.4% to ₹295 crore, while annual net profit surged 306.3% to ₹12 crore. The latest quarter saw revenue increase 24.0% year-over-year to ₹87 crore, and net profit jumped 58700.0% to ₹6 crore, reflecting a significant turnaround in profitability.

Valuation multiples

The stock trades at 14.2 times earnings, 1.16 times book value.

Things to watch

The company's profit cagr over the past five years is 43.5% annually, but over the past three years, it has declined by 61.5% annually. The company has not paid out any dividends despite reporting repeated profits. The stock is 31.1% below its 52-week high.

Where it stands

The company's latest quarter net profit surged 58700.0% to ₹6 crore, while annual net profit rose 306.3% to ₹12 crore. The stock is 31.1% below its 52-week high, and the company has not paid out any dividends despite reporting repeated profits.

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.