Modern Steels Ltd (MDRNSTL) — shareholding pattern, promoter holding, financials and share price
About Modern Steels Ltd (MDRNSTL)
Modern Steels Ltd operates in the Iron & Steel Products industry, within the Capital Goods sector. It trades on the NSE as MDRNSTL and on the BSE under scrip code 513303. Its ISIN is INE001F01019.
Established in 1974, Modern Steel Ltd. manufactures low-alloy and carbon-steel-rolled products for commercial vehicles, such as trucks and tractors, passenger vehicles, two-wheelers, and engineering companies.
Modern Steels Limited manufactures carbon and alloy steel with a production plant in Punjab, India. It offers a melting capacity of 1 lac tpa and a rolling mill with a capacity of 50,000 tpa.
The company has historically expanded its production capacities, introducing significant technological enhancements, such as electromagnetic stirrers and vacuum degassing plants.
Listed peers in Iron & Steel Products: Mukat Pipes Ltd, Rishabh Digha Steel & Allied Products Ltd, Earthstahl & Alloys Ltd, Shree Marutinandan Tubes Ltd, AFLOAT Enterprises Ltd, Trans Freight Containers Ltd.
Valuation & Returns
10 Jul 2026At ₹12.94 a share on 10 Jul 2026, Modern Steels Ltd (MDRNSTL) was valued at a price-to-earnings ratio of 16.64x against an industry P/E of 37x and a price-to-book of 1x on a book value of ₹12.96 per share as of Mar 2025. Solomo computes return on equity of 6% and return on capital employed of 5.93% from filed results. Earnings ratios use standalone results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 16.64x
- Industry P/E
- 37x
- P/B
- 1x
- EPS (TTM)
- ₹0.78
- Book value / share
- ₹12.96
- ROE
- 6%
- ROCE
- 5.93%
- ROA
- 5.69%
- Debt / equity
- 0.01x
- Dividend yield
- 0%
- 52-week range
- ₹10.35 – ₹21.7
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Modern Steels Ltd (MDRNSTL) reported net profit of ₹1.06 crore and earnings per share of ₹0.77. Figures are standalone, as filed with the exchanges.
In the quarter ended Mar 2026, net profit ₹0.66 crore (standalone).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 102.04 | 0 | 0 | 0 | 0 |
| Net profit (₹ cr) | 76.13 | 13.83 | 0.58 | 4.44 | 1.06 |
| EPS (₹) | 55.32 | 10.05 | 0.42 | 3.23 | 0.77 |
| Measure | 3Y | 1Y |
|---|---|---|
| Profit growth | -61.22% | 665.52% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 65.53% of Modern Steels Ltd (MDRNSTL) (unchanged from the previous quarter) and domestic institutional investors (DII) hold 0.05%. Market capitalisation was ₹18 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: AJAY GOYAL 3.74%, VEENU GARG 2.66%, LAVEN KUMAR GOYAL 1.42%, VIJAY GARG 1.39%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 65.53% | - | - | 0.05% | 34.47% |
| Mar 2026 | 65.53% | - | - | 0.05% | 34.47% |
| Dec 2025 | 65.53% | - | - | 0.05% | 34.47% |
| Sep 2025 | 65.53% | - | - | 0.05% | 34.47% |
| Jun 2025 | 65.53% | - | - | 0.05% | 34.47% |
| Mar 2025 | 65.53% | - | - | 0.05% | 34.47% |
| Dec 2024 | 65.53% | - | - | 0.05% | 34.47% |
| Sep 2024 | 65.53% | - | - | 0.05% | 34.47% |