Modern Insulators
- Market cap
- ₹ 2,009 Cr.
- P/E
- 21.3x
- P/B
- 3.89x
- 52-week range
- 136.8 – 579
- ROE
- 16%
- ROCE
- 19%
- Dividend yield
- 0%
- Debt / equity
- 0.13
- Sector
- Electrical Equipment
- Industry
- Other Electrical Equipment
- Listed on
- BSE
About
Modern Insulators Limited is an India-based company, which is engaged in the business of manufacturing insulators, terry towels, and EPC projects. The Company’s segments include Insulators and Terry Towels. It is associated with national and regional utilities, Indian railways, original equipment manufacturers, and engineering, procurement and construction companies worldwide. Its products include hollow porcelain insulators, long rod insulators, solid core insulators, and railway insulators. The hollow porcelain insulators are manufactured using aluminous porcelain and subjected to processes and dimensional controls. Its solid core insulators are designed to meet the essential mechanical and electrical properties, as well as meet the loads arising out of short circuit, seismic, wind, thermal, ice and any other dynamic loads. The railway insulators manufactured by the Company are stay arm insulators, bracket insulators, operating rod insulators, and others.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Other Electrical Equipment: 83 companies →Modern Insulators against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)21.3 against a typical 25.2: cheaper than most peers (1st = cheapest).36th of 80
- Sales growth+33.3% against a typical +32% from a year earlier.33rd of 69
- Profit growth+100% against a typical +15.9% from a year earlier.17th of 64
- Share price, 3 months−4.9% against a typical −11%.33rd of 74
- Size₹ 2,009 Cr. market value against a typical ₹ 553.8 Cr. (1st = largest).20th of 77
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 106 | 107 | 140 | 104 | 115 | 125 | 160 | 141 | 176 | 199 | 203 | 188 |
| Expenses | 101 | 97 | 125 | 99 | 110 | 115 | 142 | 128 | 158 | 168 | 171 | 157 |
| Operating Profit | 5 | 11 | 15 | 5 | 5 | 10 | 18 | 13 | 19 | 32 | 31 | 32 |
| OPM % | 5% | 10% | 11% | 5% | 4.3% | 8% | 11% | 9% | 11% | 16% | 16% | 17% |
| Other Income | 3 | 3 | 3 | 6 | 10 | 5 | −1 | 5 | 7 | 4 | 6 | 9 |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 2 | 1 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 2 |
| Profit before tax | 6 | 10 | 15 | 8 | 12 | 12 | 13 | 14 | 22 | 32 | 33 | 37 |
| Tax % | −7% | 2% | −5% | 1% | −6% | 21% | 34% | −6% | 23% | 24% | 28% | 21% |
| Net Profit | 6 | 10 | 16 | 8 | 13 | 9 | 9 | 15 | 17 | 24 | 24 | 30 |
| EPS in Rs | 1.31 | 2.13 | 3.41 | 1.6 | 2.77 | 1.97 | 1.85 | 3.23 | 3.52 | 5.12 | 5.06 | 6.28 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 5%
- 5 Years
- 13%
- 3 Years
- 19%
- TTM
- 42%
- 10 Years
- 12%
- 5 Years
- 23%
- 3 Years
- 43%
- TTM
- 133%
- 10 Years
- —
- 5 Years
- 55%
- 3 Years
- 105%
- TTM
- —
- 10 Years
- —
- 5 Years
- 9%
- 3 Years
- 11%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Modern Insulators | ₹ 448.70 | ₹ 2,009 Cr. | 21.3x | 3.9x | 16% | — |
| ABB India | ₹ 6,140.00 | ₹ 1,29,936 Cr. | 95.2x | 20.3x | — | 11.6% |
| Hitachi Energy India | ₹ 26,250.00 | ₹ 1,17,002 Cr. | 139x | 27.6x | 21% | 12.1% |
| CG Power and Industrial Solutions | ₹ 814.95 | ₹ 1,24,592 Cr. | 114.8x | 17.9x | 20.4% | 9.6% |
| Polycab India | ₹ 7,415.00 | ₹ 1,11,738 Cr. | 50x | 11.1x | 25.4% | 9.3% |
| Siemens | ₹ 3,250.00 | ₹ 1,15,739 Cr. | — | 9.4x | 11.7% | 8.5% |
Prices are delayed and for information only. Nothing on this page is investment advice.