Modern Threads

Why is Modern Threads (I) Ltd falling/rising?

As of 31-Aug, the stock price of Modern Threads (I) Ltd is currently Rs 51.76, reflecting a 6.25% decline. This drop is attributed to underperformance against its sector, declining investor participation, and negative trends in recent trading activity.

As of 31-Aug, the stock price of Modern Threads (I) Ltd is falling, currently at Rs 51.76, which reflects a decrease of Rs 3.45 or 6.25%. This decline is evident in the stock's performance today, where it has underperformed its sector by 6.86%. The stock touched an intraday low of Rs 51.76, indicating significant downward pressure.<BR><BR>In terms of recent performance, the stock has shown a negative trend over the past week, with a decline of 7.12%, while the benchmark Sensex has only decreased by 0.53%. Although the stock has increased by 3.25% over the past month, its year-to-date performance remains positive at 17.64%, contrasting with a 9.70% drop in the Sensex. However, over the last year, the stock has decreased by 6.25%, which is worse than the Sensex's decline of 3.57%.<BR><BR>Investor participation appears to be declining, as evidenced by a significant drop in delivery volume, which fell by 39.85% against the 5-day average. This reduction in trading activity may contribute to the stock's falling price. Additionally, while the stock's price is higher than its 20-day, 50-day, 100-day, and 200-day moving averages, it is lower than its 5-day moving average, suggesting short-term weakness.<BR><BR>Overall, the combination of underperformance relative to the sector, declining investor participation, and recent negative price movements are contributing to the falling stock price of Modern Threads (I) Ltd.

Who are in the management team of Modern Threads?

The management team of Modern Threads includes Rajesh Ranka (Chairman & Managing Director), Veena Jain, JN Sharma, BM Taparia, Naresh Devpura (all Non Executive Directors), Kapil Kumar Kumawat (Company Secretary), and Ram Rai Kabra (Non Executive Independent Director).

The management team of Modern Threads includes the following individuals:<BR><BR>1. **Rajesh Ranka** - Chairman & Managing Director<BR>2. **Veena Jain** - Non Executive Director<BR>3. **JN Sharma** - Non Executive Director<BR>4. **BM Taparia** - Non Executive Independent Director<BR>5. **Naresh Devpura** - Non Executive Independent Director<BR>6. **Kapil Kumar Kumawat** - Company Secretary<BR>7. **Ram Rai Kabra** - Non Executive Independent Director<BR><BR>If you need more specific information about any of these members or their roles, feel free to ask!

What does Modern Threads do?

Modern Threads (I) Ltd manufactures industrial yarn and sewing thread in the Garments & Apparels industry, with a market cap of INR 183 Cr and reported net sales of 87 Cr and net profit of 6 Cr for June 2026. The company has been operational since 1980 and has no debt or dividend yield.

Overview: <BR>Modern Threads (I) Ltd is engaged in the manufacturing of industrial yarn and sewing thread, operating within the Garments & Apparels industry and categorized as a Micro Cap company.<BR><BR>History: <BR>The company was incorporated in August 1980 and has since diversified its operations. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 87 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 6 Cr (Quarterly Results - Jun 2026) <BR>Market Cap: INR 183 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>Industry P/E: 28 <BR>Dividend Yield: 0.00% <BR>Debt Equity: 0.00 <BR>Return on Equity: 0.00% <BR>Price to Book: 0.00 <BR><BR>Contact Details: <BR>Address: Modern Woollens Hamirgarh Road, Pragati Path Bhilwara Rajasthan : 311001 <BR>Tel: 91-1482-241801 <BR>Email: modernjaipuroffice@gmail.com/cs@mod <BR>Website: http://www.modernwoollens.com

Who are the peers of the Modern Threads?

Modern Threads' peers include Zodiac Cloth Co., Jasch Industries, Bannari Amm Spg., and others, with varying management risks and growth rates. Jasch Industries leads in 1-year returns at 61.88%, while Modern Threads has a return of -6.25%.

Peers: The peers of Modern Threads are Zodiac Cloth. Co, Jasch Industries, Bannari Amm Spg., Brand Concepts, Mahalaxmi Rubtec, VIP Clothing, Active Clothing, Winsome Textile, T T, S D Retail.<BR><BR>Quality Snapshot: Excellent management risk is observed at Jasch Industries and Mahalaxmi Rubtec, while Good management risk is found at Winsome Textile, and the rest have Below Average management risk. Below Average growth is seen at Zodiac Cloth. Co, Jasch Industries, Bannari Amm Spg., Mahalaxmi Rubtec, and the rest, while Good growth is noted at VIP Clothing and Active Clothing. Excellent capital structure is present at Jasch Industries and Mahalaxmi Rubtec, while Below Average capital structure is found at Zodiac Cloth. Co, Bannari Amm Spg., Brand Concepts, VIP Clothing, Active Clothing, Winsome Textile, T T, and the rest.<BR><BR>Return Snapshot: Jasch Industries has the highest 1-year return at 61.88%, while VIP Clothing has the lowest at -43.11%. Modern Threads' 1-year return of -6.25% is better than VIP Clothing's but worse than Jasch Industries'. Additionally, the six-month return is negative for Zodiac Cloth. Co, Bannari Amm Spg., VIP Clothing, T T, and S D Retail.

How big is Modern Threads?

Summary could not be generated.

As of 31st August, Modern Threads (I) Ltd has a market capitalization of 183.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Modern Threads reported Net Sales of 301.24 Cr and a Net Profit of 18.46 Cr.<BR><BR>The reporting period for the balance sheet is the latest annual period, but data for Shareholder's Funds and Total Assets is unavailable.

Which are the latest news on Modern Threads?

When is the next results date for Modern Threads (I) Ltd?

The next results date for Modern Threads (I) Ltd is 14 August 2026.

The next results date for Modern Threads (I) Ltd is scheduled for 14 August 2026.

How has been the historical performance of Modern Threads?

Modern Threads has experienced fluctuating financial performance, with net sales declining from 300.49 Cr in March 2024 to 260.04 Cr in March 2025, and significant drops in profitability metrics, including operating profit and earnings per share. The company faced challenges in maintaining sales and profitability, reflected in negative cash flow from operating activities.

Answer:<BR>The historical performance of Modern Threads shows a fluctuating trend in net sales and profitability over the years, with significant variations in key financial metrics.<BR><BR>Breakdown:<BR>Modern Threads reported net sales of 260.04 Cr in March 2025, a decline from 300.49 Cr in March 2024 and 301.11 Cr in March 2023, but an increase from 222.63 Cr in March 2022 and 147.13 Cr in March 2021. The total operating income followed a similar pattern, reaching 260.04 Cr in March 2025, down from 300.49 Cr in the previous year. The company's total expenditure, excluding depreciation, was 259.39 Cr in March 2025, slightly lower than 270.95 Cr in March 2024. Operating profit, excluding other income, was only 0.65 Cr in March 2025, a significant drop from 29.54 Cr in March 2024, while profit before tax also decreased to 4.75 Cr from 25.93 Cr. The profit after tax for March 2025 was 3.37 Cr, down from 25.43 Cr in March 2024. The earnings per share (EPS) saw a decline to 0.97 in March 2025 from 7.31 in March 2024, reflecting the overall downturn in profitability. Cash flow from operating activities was negative at -7.00 Cr in March 2025, contrasting with a positive cash flow of 24.00 Cr in March 2024. Overall, the financial performance of Modern Threads indicates challenges in maintaining sales and profitability in the recent fiscal year.

What is the technical trend for Modern Threads?

As of June 3, 2025, Modern Threads is in a sideways trend with mixed signals from key indicators, showing a weak overall trend strength.

As of 3 June 2025, the technical trend for Modern Threads has changed from mildly bearish to sideways. The current stance is neutral, with key indicators showing mixed signals. The weekly MACD is mildly bullish, while the daily moving averages indicate a mildly bearish trend. The RSI shows no signal on both weekly and monthly time frames, suggesting a lack of momentum. Additionally, the Bollinger Bands and KST on a weekly basis are mildly bullish, but the Dow Theory indicates a mildly bullish stance with no clear trend on the monthly chart. Overall, the strength of the trend is weak, reflecting the sideways movement in the stock.

Who are the top shareholders of the Modern Threads?

The top shareholders of Modern Threads include Generotrade Exim LLP with 44.97%, individual investors with 18.67%, and financial institutions holding 9.81%. The promoter group holds a significant majority of the shares, while mutual funds have a minimal presence at 0.05%, and there are no foreign institutional investors.

The top shareholders of Modern Threads are primarily the promoters, with Generotrade Exim LLP holding the largest share at 44.97%. Additionally, there are individual investors who collectively hold 18.67% of the shares. Other financial institutions are the highest public shareholders, owning 9.81%. Mutual funds have a minor presence, held by 12 schemes at just 0.05%, and there are no foreign institutional investors (FIIs) involved. Overall, the promoter group holds a significant majority of the company's shares.

Has Modern Threads declared dividend?

No Dividend History Available