MODTHREAD · Modern Threads (India) Ltd · Apparel/Accessories
MODTHREAD · Modern Threads (India) Ltd · Apparel/Accessories
As of 05 Nov close
52-week range
29.8% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old
Revenue (latest Q)
₹87 Cr
Revenue YoY
PAT YoY
+58700.0%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
1.2
P/S (TTM)
0.6
Sector P/E
Not available from data source
Dividend yield
0.0%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| MODTHREAD (this stock) | 9.6 | 1.2 | +5.8% | +12.4% | 0.22 | 0.0% |
| Page Industries | 61.1 | 25.7 | +14.1% | +50.3% | 0.18 | +1.7% |
| Vardhman Textiles | 21.4 | 1.5 | +8.3% | +8.1% | 0.18 | +0.9% |
| Indo Count Industries | 57.6 | 4.1 | +3.4% | +6.4% | 0.57 | +0.3% |
Promoter
stable
FII
stable
MF
0.05% (0.00pp)
stable
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
No related news.
Concalls & investor presentations
AI-generatedNo concall transcripts or investor presentations recorded yet.
AI Summary of Annual Report
AI-generatedModern Threads (India) Limited (MODTHREAD) outlined its strategic focus on capacity expansion and technological modernization in FY2025-26, aiming to increase yarn sales by 20-25% through upgraded machinery and solar power integration. Management emphasized long-term sustainability by prioritizing resource conservation and avoiding dividend payouts to fund expansion. It highlighted robust internal control systems, adherence to corporate governance standards, and a structured approach to risk management. The report noted challenges including geopolitical uncertainties, fluctuating raw material prices, and competition from smaller suppliers and unorganized sectors.
- Capacity expansion and technological modernization to boost yarn sales by 20-25%.
- Focus on long-term sustainability through resource conservation and solar power integration.
- Robust internal control systems and adherence to corporate governance standards.
- Strategic emphasis on risk management and structured decision-making processes.
Key takeaway: Modern Threads prioritizes capacity expansion and technological upgrades to enhance competitiveness and sustainability, while navigating risks related to geopolitical factors and market dynamics.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Auditor Qualification (2 items); Regulatory Action (1 item); Default / Covenant Breach (2 items)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Auditor Qualification
2 occurrencesRecent (last 12 months)
The auditor issued a qualified opinion on the standalone financial statements of Modern Threads (India) Limited for the year ended March 31, 2026, due to material weaknesses in internal financial controls.
Earlier (1-3 years ago)
The auditor issued a qualified opinion on the financial statements of Modern Threads (India) Limited for the year ended March 31, 2024, indicating that the financial statements may not present a true and fair view due to the matter described in the Basis for Qualified Opinion section.
Regulatory Action
1 occurrenceEarlier (1-3 years ago)
The company delayed submission of a letter to physical shareholders regarding mandatory PAN, KYC details, and nomination as per SEBI Circular No. SEBVHO/MIRSD/MIRSD-PoD-1/P/CIR/2023/37 dated 16th March, 2023.
Default / Covenant Breach
2 occurrencesRecent (last 12 months)
The company has outstanding statutory dues for more than 6 months as of the financial year-end, including Textiles Committee Cess (Rs. 26.40 Lakhs), Custom Duty (Rs. 10.31 Lakhs), and Mandi Tax (Rs. 455.20 Lakhs).
Earlier (1-3 years ago)
The company has outstanding statutory dues as of the last day of the financial year for more than 6 months, including Textiles Committee Cess (Rs. 2640 Lakhs), Custom Duty (Rs. 1131 Lakhs), and Mandi Tax (Rs. 45520 Lakhs).
Routine disclosures
Internal Control Weakness
2 occurrencesRecent (last 12 months)
The auditor expressed a qualified audit opinion on the Company's internal financial controls with reference to standalone financial statements.
Earlier (1-3 years ago)
The company's internal financial controls were not operating effectively in respect of balance confirmation of trade payables and trade receivables as of March 31, 2024, identified as a material weakness.
Contingent Liability
2 occurrencesRecent (last 12 months)
The company has contingent liabilities including disputed income tax demands, other disputed government department demands, and disputed liabilities not acknowledged as debts, with amounts paid in the current year and previous year.
Earlier (1-3 years ago)
The company has contingent liabilities arising from litigation and other claims, which are disclosed in the notes but not provided for in the financial statements.
Related-Party Transaction
2 occurrencesRecent (last 12 months)
The company has disclosed related party transactions involving H.M. Ranka Foundation, S.L. Ranka Foundation, and Acharya Shri Nanesh Samta Vikas Trust, where the CMD is a trustee.
Earlier (1-3 years ago)
The company has disclosed that all contracts or arrangements with related parties are at arm's length.
Management & Board Governance
2 occurrencesRecent (last 12 months)
Shri Ram Awatar Kabra (Executive Director) resigned effective 07.01.2026, and Shri Banwari Lal Saini (Company Secretary) resigned effective 06.11.2024.
Earlier (1-3 years ago)
Shri Ram Rai Kabra, a Non-executive Independent Director, resigned w.e.f 18/07/2022.