- Under BSE's graded surveillance, stage I, on the list for 22 Oct 2026. The exchange puts a share here when its price has moved unusually, and trading in it carries extra conditions.
- Next results date: the board meets on 30 Oct 2026 to consider: quarterly results.
- 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.
- ₹9.23 Cr4,664th 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 28 Jul 2026
- 84.9
- 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 8 May 2026
- 0.7
- 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 28 Jul 2026
- 0.8%
- 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 28 Jul 2026
- 1.6%
- 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 Mar 2026. The filing of 8 May 2026
- 0.02
- Volume, BSEVolume. Shares traded on the last trading day.
- 103
Results
Standalone; ₹ crore, the charts by years to March, the table by quarter.Quarterly results
Quarter to Jun 2026, against the quarter beforeFiled 28 Jul
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹0.87 Crup 18.02%
- Net profitNet profit. Under it, net profit in the quarter before. A change in per cent is not worked out where either period is a loss or nothing.
- ₹0.06 CrQuarter to Mar 2026: −₹0.06 Cr
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax.
- 6.9%
Revenue by year
Peak revenue ₹3.71 Cr, year to Mar 2025
Net profit by year, a loss in red
- Net profit
- Loss
A loss in 2 of the 10 years shown
| ₹ crore | Sep 2024Filed 13 Dec | Dec 2024Filed 4 Apr | Mar 2025Filed 28 May | Jun 2025Filed 7 Aug | Sep 2025Filed 7 Nov | Dec 2025Filed 30 Jan | Mar 2026Filed 8 May | Jun 2026Filed 28 Jul |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.12 | 0.91 | 0.78 | 0.99 | 1.04 | 0.83 | 0.73 | 0.87 |
| Net profit | 0.19 | −0.01 | −0.05 | 0.15 | 0.16 | −0.05 | −0.06 | 0.06 |
| Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. | 17.3% | −0.7% | −6.2% | 15.0% | 15.4% | −5.8% | −8.4% | 6.9% |
Standalone. The last eight quarters. The latest is shaded.
Business segments
In the year to Mar 2026 the company reports one business segment, Broking, which carries all its revenue.
Valuation
Today, against the company's own history. 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 96% of 1,190 trading days over the last 5 years.
LowestHighest
Its median35.2Industry median18.3
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 49% of 1,190 trading days over the last 5 years.
LowestHighest
Its median0.7Industry median1.4
EV to EBITDAEnterprise value to EBITDA. Market cap plus borrowings less cash and bank balances, divided by operating profit before depreciation (revenue less operating expenses, without other income and one-off items) over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly): what the whole business costs against the profit its operations make. Lease liabilities are not counted: the results filings do not state them.−7.7
At or below today's level on 13% of 1,190 trading days over the last 5 years.
LowestHighest
Its median−1.2Industry median17.7
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 | −44.4% | −10.2% | −38.0% | 0.0% |
| 3 years | +18.5% | +9.2% | +8.5% | 0.0% |
| 5 years | +35.6% | +43.4% | −5.5% | 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 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 year to Mar 2023.
Peers and competitors
Other Financial Services, 112 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Modern Shares and Stockbrokers in market cap. 1 company in the table last traded before then: its row is priced on its last trade.
Where the company sits among the companies nearest its size
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 Triumph International Finance IndiaTRIUMPIN | 11 | 2.7 | – | – | – | +7.5% | – | −0.6% | 0.00% |
 Longspur International VenturesLONGSPUR | 11 | 22.2 | 0.4 | 19.3 | −55.7% | −23.7% | 1.7% | 1.8% | 0.00% |
 Yogi Sung-won (India)YOGISUNG | 11 | – | 0.2 | 45.3 | −77.9% | – | – | 1.3% | 0.00% |
 Svaraj Trading & AgenciesZSVARAJT | 10 | – | 0.2 | – | −100.0% | −233.8% | −1.3% | −2.1% | 0.00% |
 V.B.Desai Financial ServicesVBDESAI | 9 | 9.2 | 0.7 | 35.4 | −2.1% | +50.2% | 7.7% | 1.7% | 0.00% |
 Ontic FinserveONTIC | 8 | – | 20.0 | – | −100.0% | – | – | −206.6% | 0.00% |
 Libord SecuritiesLIBORD | 8 | – | 2.3 | – | – | – | −7.2% | −19.2% | 0.00% |
 Trinity League IndiaTRINITYLEA | 7 | – | 2.7 | – | −32.3% | −816.3% | −4.9% | −12.0% | 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
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up.Highest ₹0.50 a share, years to Mar 2017 and Mar 2018.
| Ex-date | Type | Per share |
|---|---|---|
| 24 Jul 2018 | Final | ₹0.50 |
| 19 Jul 2017 | 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. | ₹0.50 |
| 1 Jul 2016 | 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. | ₹0.50 |
| 24 Jul 2015 | 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. | ₹1.00 |
| 16 Sep 2014 | Final | ₹1.00 |
| 10 Jul 2013 | 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. | ₹1.00 |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.Share news and announcements
Oct 2026
14 Oct · Board meeting
Meeting on 30 Oct 2026: quarterly results9 Oct · Submission Under SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 Dated November 26, 2018 Regarding Submitting Of Initial Disclosure/Confirmation Within Prescribed Due Date
7 Oct · Non-Applicability Of Disclosure Under Regulation 23(9) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 Disclosure Of Related Party Transactions On A Consolidated Basis For The Quarter And Half Year Ended September 30, 2026
Sep 2026
8 Sep · Chairman Speech
Modern Shares and Stockbrokers share price by year
Each calendar year to 2025.Modern Shares and Stockbrokers share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 39.52 | −35.7% | 63.64 | 39.27 |
| 2024 | 61.44 | +125.1% | 64.70 | 26.41 |
| 2023 | 27.30 | +30.0% | 39.29 | 14.48 |
| 2022 | 21.00 | +1.4% | 21.80 | 11.42 |
| 2021 | 20.70 | +305.9% | 21.90 | 5.00 |
| 2020 | 5.10 | −29.4% | 7.10 | 4.94 |
| 2019 | 7.22 | −30.2% | 10.25 | 7.22 |
| 2018 | 10.35 | −36.3% | 22.10 | 10.35 |
| 2017 | 16.25 | −32.3% | 28.70 | 13.70 |
| 2016 | 24.00 | +31.9% | 24.05 | 13.52 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2021 is from its first session, 8 Mar 2021. 2020 is from its first session, 17 Jan 2020. 2019 is from its first session, 19 Feb 2019. The close is the year's last trade for 2020 (4 Dec 2020), 2019 (25 Oct 2019) and 2018 (22 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 | 31.98 | 31.98 | 31.50 | 31.50 | 31.50 | 103 |
| 22 Oct 2026 | 31.35 | 31.35 | 31.35 | 31.35 | 31.35 | 1 |
| 21 Oct 2026 | 34.40 | 34.40 | 31.35 | 31.35 | 31.41 | 3,715 |
| 19 Oct 2026 | 31.50 | 33.00 | 30.25 | 33.00 | 30.84 | 916 |
| 16 Oct 2026 | 32.99 | 32.99 | 31.51 | 31.51 | 32.06 | 500 |
| 15 Oct 2026 | 36.60 | 36.60 | 33.12 | 33.15 | 34.76 | 4,248 |
| 14 Oct 2026 | 34.86 | 34.86 | 34.86 | 34.86 | 34.86 | 213 |
| 13 Oct 2026 | 33.20 | 33.20 | 33.20 | 33.20 | 33.20 | 303 |
| 12 Oct 2026 | 31.62 | 31.62 | 31.62 | 31.62 | 31.62 | 1,260 |
| 9 Oct 2026 | 32.90 | 32.90 | 30.12 | 30.12 | 31.21 | 1,507 |
Prices in ₹ per share as traded, not adjusted.
Company details
- Legal name
- Modern Shares and Stockbrokers Ltd.
- BSE code
- 509760
- ISIN
- INE370A01019
- Industry
- Finance
- Listed
- Feb 1971
- Face value
- ₹10
- CIN
- L45200MH1939PLC002958
- Corporate identity number, the registrar of companies' code for it