MODTHREAD
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Share Price
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Forensics
- 5D
- 1M
- 6M
- YTD
- 1Y
- 5Y
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Summary
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Revenue Mix
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Revenue Mix
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Recent events
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News
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Corporate Actions
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Events:
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Popular questions
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Business
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Shareholdings
What does ModernThreads do?
Modern Threads, a part of Modern Group, is a leading synthetic yarn spinning plant in India. They manufacture and market premium polyester viscose yarns in a wide range of colors and styles.
Who are the competitors of ModernThreads?
ModernThreads major competitors are Salona Cotspin, Suryalata Spg Mills, DCM, Lambodhara Textiles, Bengal Tea & Fabrics, Maral Overseas, Raja Bahadur Intl.. Market Cap of ModernThreads is ₹154 Crs. While the median market cap of its peers are ₹137 Crs.
Is ModernThreads financially stable compared to its competitors?
ModernThreads seems to be less financially stable compared to its competitors. Altman Z score of ModernThreads is 2.93 and is ranked 4 out of its 8 competitors.
Does ModernThreads pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. ModernThreads latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has ModernThreads allocated its funds?
NA
How strong is ModernThreads balance sheet?
Balance sheet of ModernThreads is strong. But short term working capital might become an issue for this company.
Is the profitablity of ModernThreads improving?
The profit is oscillating. The profit of ModernThreads is ₹5.5 Crs for TTM, ₹3.37 Crs for Mar 2025 and ₹25.43 Crs for Mar 2024.
Is the debt of ModernThreads increasing or decreasing?
Yes, The net debt of ModernThreads is increasing. Latest net debt of ModernThreads is ₹23.25 Crs as of Sep-25. This is greater than Mar-25 when it was ₹17.49 Crs.
Is ModernThreads stock expensive?
Yes, ModernThreads is expensive. Latest PE of ModernThreads is 28.04, while 3 year average PE is 24.65. Also latest EV/EBITDA of ModernThreads is 57.57 while 3yr average is 44.28.
Has the share price of ModernThreads grown faster than its competition?
ModernThreads has given lower returns compared to its competitors. ModernThreads has grown at ~-16.0% over the last 1yrs while peers have grown at a median rate of -15.88%
Is the promoter bullish about ModernThreads?
Promoters seem to be bullish about the company. Latest quarter promoter holding is 65.16% and last quarter promoter holding is 65.1%.
Are mutual funds buying/selling ModernThreads?
The mutual fund holding of ModernThreads is stable. The current mutual fund holding in ModernThreads is 0.05% while previous quarter holding is 0.05%.
