Modern Malleables Limited

About

Modern Malleables Limited produces accessories and hardware for transmission lines, distribution lines, aerial optical fiber cables, aerial bunched cables, rail and telecom structures, and tower structures in India and internationally. It offers helical product, including armour grip suspension, armour rods, line guards, distribution tie, side tie, spool tie, distribution grips, guy grips, service grips, conductor splice, spiral vibration dampers, lashing rods, and t-connectors. The company also provides pole line hardware, such as machine bolts, insulator pins, eye nuts and eyelets, nuts and washers, guy clamps and hooks, turn buckle and extension links, plates and clevises, cross arms and braces, earth rods and clamps, oval and thimble eye bolts, and anchor rods. In addition, it offers insulator fitting, including tension clamps, suspension clamps, grading rings, arcing horns, yoke and sag plates, extension links, insulator fittings, hooks and shackles, and clevises and eyes. Further, the company provides compression fitting, such as compression deadend, compression joint, repair sleeves, parallel groove clamps, service connectors, compression connectors, and earthwire fittings. Furthermore, it offers spacers and dampers, including dampers, rigid spacers, flexible spacers, helical spacers, and spacer dampers, as well as OFC/OPGW accessories. Modern Malleables Limited was incorporated in 1982 and is based in Kolkata, India.

Key Metrics

as of Sep 2026

Market Cap524 Cr

P/E21.50

Div Yield0.00 %

Book Value₹15.30

52w High₹85.80

52w Low₹2.18

Face Value₹1.00

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Sales	55.23	53.45	31.46	38.15	27.82	26.17	13.21	10.50	2.30	1.12	10.44	33.73	22.37
Expenses	44.51	41.40	25.65	32.43	24.22	23.99	13.78	10.06	3.75	2.52	9.16	20.17	16.78
Operating Profit	10.72	12.05	5.81	5.72	3.60	2.18	-0.57	0.44	-1.45	-1.40	1.28	13.56	5.59
OPM %	19.41	22.54	18.47	14.99	12.94	8.33	-4.31	4.19	-63.04	-125.00	12.26	40.20	24.99
Other Income	0.00	0.15	0.00	0.02	0.06	11.04	0.13	0.00	1.13	3.08	0.14	0.28	0.18
Depreciation	0.24	0.31	0.19	0.20	0.20	0.19	0.17	0.17	0.16	0.18	0.24	0.17	0.17
Interest	0.45	0.20	0.05	0.30	0.19	0.20	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Profit before tax	10.03	11.69	5.57	5.24	3.27	12.83	-0.61	0.27	-0.48	1.50	1.18	13.67	5.60
Tax %	25.12	24.81	25.13	25.19	25.08	15.67	0.00	0.00	0.00	26.00	25.42	25.16	25.18
Net Profit	7.50	8.79	4.17	3.92	2.45	10.82	-0.60	0.27	-0.48	1.11	0.88	10.22	4.19
EPS in Rs	0.64	0.75	0.36	0.34	0.21	0.93	-0.05	0.02	-0.04	0.10	0.08	0.88	0.36

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2011
Sales	151.00	52.00	68.00	52.00	46.00	38.00	93.00	49.00	69.00	57.00	69.00	29.00
Expenses	124.00	51.00	52.00	41.00	33.00	31.00	55.00	49.00	72.00	59.00	76.00	29.00
Operating Profit	27.00	1.00	16.00	11.00	13.00	8.00	38.00	0.00	-3.00	-2.00	-7.00	-1.00
OPM %	18.00	1.60	24.00	21.00	27.00	20.00	41.00	-0.20	-4.70	-3.30	-9.00	-1.90
Other Income	0.00	13.00	3.00	2.00	7.00	-2.00	1.00	2.00	4.00	2.00	7.00	0.00
Interest	1.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	0.00	0.00	0.00
Profit before tax	26.00	13.00	19.00	12.00	19.00	5.00	38.00	1.00	0.00	-1.00	0.00	-1.00
Tax %	25.00	15.00	25.00	25.00	21.00	32.00	25.00	0.00	0.00	0.00	0.00	0.00
Net Profit	19.00	11.00	14.00	9.00	15.00	4.00	28.00	1.00	0.00	-1.00	0.00	-1.00
EPS in Rs	1.66	0.96	1.21	0.79	1.26	0.30	2.41	0.07	-0.01	-0.08	0.00	-0.04
Dividend Payout %	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2011
Equity Capital	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00
Reserves	166.00	147.00	136.00	92.00	81.00	62.00	39.00	-17.00	-18.00	-18.00	-17.00	-14.00
Borrowings	12.00	4.00	0.00	0.00	0.00	1.00	1.00	4.00	5.00	4.00	11.00	4.00
Other Liabilities	35.00	38.00	35.00	25.00	24.00	33.00	30.00	41.00	55.00	46.00	35.00	22.00
Total Liabilities	224.00	201.00	183.00	129.00	116.00	108.00	82.00	40.00	53.00	45.00	41.00	24.00
Fixed Assets	6.00	6.00	5.00	6.00	6.00	6.00	7.00	5.00	6.00	5.00	5.00	4.00
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	140.00	135.00	114.00	87.00	71.00	60.00	42.00	1.00	1.00	1.00	1.00	0.00
Other Assets	79.00	60.00	64.00	36.00	40.00	42.00	33.00	34.00	47.00	39.00	36.00	20.00
Total Assets	224.00	201.00	183.00	129.00	116.00	108.00	82.00	40.00	53.00	45.00	41.00	24.00

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2011
Cash from Operating Activity	7.00	-11.00	6.00	23.00	-1.00	-1.00	17.00	0.00	-3.00	10.00	-5.00	0.00
Cash from Investing Activity	-6.00	-11.00	5.00	-13.00	1.00	0.00	-20.00	1.00	2.00	1.00	6.00	0.00
Cash from Financing Activity	-1.00	0.00	0.00	0.00	0.00	0.00	1.00	-1.00	1.00	-6.00	0.00	0.00
Net Cash Flow	0.00	-22.00	11.00	10.00	0.00	0.00	-2.00	0.00	-1.00	4.00	1.00	-1.00
Free Cash Flow	6.00	-12.00	6.00	22.00	-1.00	-1.00	16.00	-1.00	-4.00	9.00	0.00	-1.00
CFO/OP %	50.00	-1,160.00	67.00	234.00	38.00	34.00	71.00	400.00	92.00	-512.00	81.00	74.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2011
Debtor Days	93.00	126.00	6.00	98.00	154.00	276.00	83.00	82.00	108.00	98.00	117.00	109.00
Inventory Days	131.00	333.00	286.00	76.00	175.00	132.00	66.00	77.00	71.00	82.00	42.00	90.00
Days Payable	97.00	217.00	164.00	248.00	289.00	466.00	214.00	350.00	309.00	338.00	186.00	307.00
Cash Conversion Cycle	128.00	242.00	129.00	-74.00	40.00	-59.00	-65.00	-191.00	-130.00	-158.00	-27.00	-108.00
Working Capital Days	91.00	222.00	121.00	80.00	143.00	94.00	20.00	-92.00	-68.00	-74.00	-33.00	-32.00
ROCE %	15.00	1.00	14.00	11.00	14.00	11.00	—	—	—	-47.00	—	-18.00

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	59.36	59.36	59.36	59.36	59.36	59.36	59.36	59.36	59.36	59.36	59.36	59.36
FIIs	0.05	0.05	0.05	0.05	0.05	0.00	0.00	0.00	0.00	0.00	0.00	0.05
DIIs	0.19	0.19	0.19	0.19	0.19	0.24	0.24	0.24	0.24	0.24	0.24	0.19
Public	40.40	40.40	40.40	40.40	40.40	40.40	40.39	40.39	40.40	40.40	40.40	40.40
No. of Shareholders	15,332	15,370	15,389	15,407	15,424	15,427	15,430	15,433	15,446	15,450	15,455	15,460