Modern Steels share price
BSE: 513303Industrial ProductsSmall Cap
Last close ₹11.15down ₹1.59 (12.48%)
Share price at the BSE close on 23 Oct 2026. Previous close ₹12.74.
52-week range of traded prices to 23 Oct 2026
₹10.35Low, 23 Mar 2026₹17.99High, 24 Oct 2025
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹15 Cr4,215th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 19 Oct 2026
- 10.4
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 19 Oct 2026
- 0.8
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 19 Oct 2026
- 7.8%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 19 Oct 2026
- −4.8%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Sep 2026. The filing of 19 Oct 2026
- 0.01
- Volume, BSEVolume. Shares traded on the last trading day.
- 20,145
Results
Standalone; ₹ crore, the charts by years to March, the table by quarter.Quarterly results
Quarter to Sep 2026, against the quarter beforeFiled 19 Oct
- RevenueRevenue. Under it, revenue in the quarter before. A change in per cent is not worked out where either period is a loss or nothing.
- ₹0.00 CrQuarter to Jun 2026: ₹0.00 Cr
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹0.36 Cr0.00%
Revenue by year
Net profit by year, a loss in red
- Net profit
- Loss
A loss in 4 of the 10 years shown
The years either side of a change of basis do not compare. From the year to Mar 2018, GST replaced excise duty on 1 Jul 2017, and revenue before that day includes the duty. From the year to Mar 2019, the company's revenue for that year, ₹322 Cr, differs from its quarters added, ₹327 Cr.
| ₹ crore | Dec 2024Filed 3 Feb | Mar 2025Filed 12 Jun | Jun 2025Filed 11 Aug | Sep 2025Filed 10 Nov | Dec 2025Filed 14 Feb | Mar 2026Filed 22 May | Jun 2026Filed 11 Aug | Sep 2026Filed 19 Oct |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | −0.02 | 4.53 | 0.23 | 0.08 | 0.10 | 0.66 | 0.36 | 0.36 |
Standalone. The last eight quarters. The latest is shaded.
Business segments
In the year to Mar 2026 the company reports one business segment, Steel Products, which carries all its revenue.
Valuation
Today, against the company's own history. Not shown, EV/EBITDA: operating loss, last twelve months. Dividend yield is not shown: no dividend in the years on record.PE ratio and valuation history
Price to earningsPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
At or below today's level on 59% of 1,032 trading days over the last 5 years.
LowestHighest
Its median5.0Industry median17.4
Price to bookPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet.
At or below today's level on 0.1% of 743 trading days over the last 3 years.
LowestHighest
Its median1.6Industry median1.5
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −27.4% | −76.1% | +203.9% | 0.0% |
| 3 years | −5.8% | −57.5% | +121.6% | 0.0% |
| 5 years | +22.9% | −51.3% | +152.3% | 0.0% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1, 3 and 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count. Earnings growth over 3 and 5 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the years to Mar 2021 and Mar 2023.
Peers and competitors
Iron & Steel Products, 146 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Modern Steels in market cap. 4 companies in the table last traded before then: their rows are priced on their last trade.
Where the company sits among the companies nearest its size
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 Earthstahl & AlloysEARTH | 17 | – | 0.5 | – | −14.8% | −1,017.6% | −14.0% | – | 0.00% |
 Tamilnadu Steel TubesTNSTLTU | 17 | 44.0 | 1.7 | 16.9 | +13.0% | – | 3.9% | 4.4% | 0.00% |
 Mukat PipesMUKATPIP | 17 | – | – | – | +58.8% | – | – | – | 0.00% |
 P.M. TelelinnksPMTELELIN | 16 | – | 3.3 | – | −79.9% | −12,020.9% | −58.1% | −2.9% | 0.00% |
 Shree Marutinandan TubesSHREE | 15 | 4.2 | 0.4 | – | – | – | 12.0% | – | 0.00% |
 Quality Foils (India)QFIL | 14 | 9.6 | 0.4 | 9.1 | +22.0% | +3.7% | 4.8% | 5.9% | 0.00% |
 Adishakti Loha and IspatADISHAKTI | 14 | 19,877.5 | 0.9 | – | – | – | 0.0% | −0.7% | 0.00% |
 Trans-Freight ContainersTRANSFRE | 13 | 9.0 | 0.3 | – | – | −1.5% | 3.6% | −1.0% | 0.00% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Dividends
Per share, by the year it was paid for, and the latest payments.Dividend history and dates
| Ex-date | Type | Per share |
|---|---|---|
| 22 Aug 2007 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹2.00 |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.Share news and announcements
Oct 2026
12 Oct · Board meeting
Meeting on 19 Oct 2026: quarterly results
Sep 2026
Modern Steels share price by year
Each calendar year to 2025.Modern Steels share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 15.55 | −17.2% | 19.99 | 14.37 |
| 2024 | 18.77 | −25.2% | 32.91 | 18.44 |
| 2023 | 25.09 | +73.6% | 35.84 | 12.42 |
| 2022 | 14.45 | +82.0% | 28.75 | 8.33 |
| 2021 | 7.94 | +108.4% | 7.94 | 2.82 |
| 2020 | 3.81 | −57.5% | 8.65 | 3.35 |
| 2019 | 8.97 | −20.0% | 11.00 | 8.97 |
| 2018 | 11.21 | −52.2% | 29.35 | 6.45 |
| 2017 | 23.45 | +225.7% | 23.45 | 5.70 |
| 2016 | 7.20 | −15.8% | 9.33 | 5.31 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2020 is from its first session, 2 Mar 2020. The close is the year's last trade for 2019 (6 Dec 2019) and 2018 (26 Nov 2018).
Recent sessions
The last 10 trading days to 23 Oct 2026, as traded on BSE.
| Date | Open | High | Low | Close | Average price | Volume |
|---|---|---|---|---|---|---|
| 23 Oct 2026 | 12.50 | 13.00 | 10.91 | 11.15 | 11.50 | 20,145 |
| 22 Oct 2026 | 13.43 | 13.50 | 12.21 | 12.74 | 12.89 | 5,422 |
| 21 Oct 2026 | 13.76 | 14.50 | 13.42 | 13.42 | 13.64 | 1,562 |
| 19 Oct 2026 | 13.59 | 14.79 | 13.59 | 14.01 | 13.74 | 305 |
| 16 Oct 2026 | 13.56 | 14.87 | 13.47 | 13.98 | 13.93 | 5,606 |
| 15 Oct 2026 | 14.50 | 14.50 | 13.36 | 13.56 | 13.56 | 4,520 |
| 14 Oct 2026 | 13.95 | 14.95 | 13.20 | 13.84 | 14.16 | 2,667 |
| 13 Oct 2026 | 14.47 | 14.47 | 14.00 | 14.02 | 14.04 | 161 |
| 12 Oct 2026 | 13.77 | 14.48 | 13.57 | 14.40 | 13.75 | 416 |
| 9 Oct 2026 | 13.91 | 14.64 | 13.55 | 13.83 | 13.87 | 564 |
Prices in ₹ per share as traded, not adjusted.
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Bonus share history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 1 Dec 2009 | Price move | – | Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for. |
| 28 Sep 2007 | Bonus | 0.4000 | Holders received 3 bonus shares for every 2 held. |
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout. Any other event is noted and not adjusted for.
Company details
- Legal name
- Modern Steels Limited
- BSE code
- 513303
- ISIN
- INE001F01019
- Industry
- Industrial Products
- Listed
- Sep 1990
- Face value
- ₹10
- CIN
- L27109PB1973PLC003358
- Corporate identity number, the registrar of companies' code for it