Modern Dairies Ltd (MODAIRY) — shareholding pattern, promoter holding, financials and share price
About Modern Dairies Ltd (MODAIRY)
Modern Dairies Ltd operates in the Dairy Products industry, within the Fast Moving Consumer Goods sector. It trades on the NSE as MODAIRY and on the BSE under scrip code 519287. Its ISIN is INE617B01011.
Incorporated in 1992, Modern Dairies Ltd manufactures Milk and Milk products [1]
Modern Dairies Ltd specializes in the production of various dairy products including packed liquid milk, butter, and ghee.
Since its inception in 1992, the company has faced significant financial challenges, including being declared sick by the BIFR in 1997.
Listed peers in Dairy Products: Umang Dairies Ltd(Merged), Milkfood Ltd, Virat Crane Industries Ltd, Dindigul Farm Product Ltd, Healthy Life Agritec Ltd, Tasty Dairy Specialities Ltd.
Valuation & Returns
10 Jul 2026At ₹31.89 a share on 10 Jul 2026, Modern Dairies Ltd (MODAIRY) was valued at a price-to-earnings ratio of 18.57x against an industry P/E of 45.12x and a price-to-book of 2.25x on a book value of ₹14.2 per share as of Mar 2025. Solomo computes return on equity of 12.09% and return on capital employed of 16.47% from filed results. Earnings ratios use standalone results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 18.57x
- Industry P/E
- 45.12x
- P/B
- 2.25x
- EPS (TTM)
- ₹1.72
- Book value / share
- ₹14.2
- ROE
- 12.09%
- ROCE
- 16.47%
- ROA
- 4.17%
- Debt / equity
- 0.18x
- Dividend yield
- 0%
- EBITDA margin
- 3.27%
- 52-week range
- ₹30 – ₹58.25
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Modern Dairies Ltd (MODAIRY) reported revenue of ₹340 crore, net profit of ₹5 crore and earnings per share of ₹1.72. That compares with revenue of ₹348 crore and net profit of ₹83 crore in Mar 2025. Figures are standalone, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹92.18 crore and net profit ₹0.32 crore (standalone).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 241 | 217 | 362 | 348 | 340 |
| Net profit (₹ cr) | 5 | 12 | 34 | 83 | 5 |
| EPS (₹) | 2.12 | 5.21 | 14.68 | 32.38 | 1.72 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | -3.92% | -14.58% | 13.11% | -3.71% |
| Profit growth | - | 88.48% | 155.87% | 142.36% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 55.45% of Modern Dairies Ltd (MODAIRY) (unchanged from the previous quarter) and domestic institutional investors (DII) hold 0.03%. Market capitalisation was ₹91 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Dec 2001.
Largest disclosed public shareholders in Jun 2026: HUF 2.59%, LAVEN KUMAR GOYAL 2.33%, DHEERAJ KUMAR LOHIA 1.64%, SANDHYA ASHOKKUMAR DHOOT 1.07%, MAHENDRA GIRDHARILAL 1.06%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 55.45% | - | - | 0.03% | 44.55% |
| Mar 2026 | 55.45% | - | - | 0.03% | 44.55% |
| Dec 2025 | 50.59% | - | - | 0.04% | 49.41% |
| Sep 2025 | 50.59% | - | - | 0.04% | 49.41% |
| Jun 2025 | 50.59% | - | - | 0.04% | 49.41% |
| Mar 2025 | 50.59% | - | - | 0.04% | 49.41% |
| Dec 2024 | 45.71% | 100% | - | 0.04% | 54.29% |
| Sep 2024 | 45.71% | 100% | - | 0.04% | 54.29% |