Modern Insulators

India Founded: 1985 • Age: 41 yrs Listed
Porcelain insulators are manufactured for electrical and railway uses.
Request Access
Report Incorrect Data
Page last updated

About Modern Insulators

Modern Insulators is a publicly listed company based in India founded in 1985. Porcelain insulators are manufactured for electrical and railway uses. The company has 1,540 employees. Its Indian entity Modern Insulators Limited reported revenue of ₹742 Cr. Modern Insulators offers products and services including Hollow Insulators and Solid Core Insulators. Its focus areas include Energy.

Company details

Modern Insulators was established in 1985 in India as a producer of porcelain insulators. Operations focus on hollow, solid core, long rod, and railway insulators, which are made from high-strength aluminous porcelain under strict quality controls. These products are engineered to handle mechanical and electrical demands, including exposure to wind, ice, and short circuits. Supplies are provided to utilities, railways, and original equipment manufacturers across global markets.

  • Headquarters India
  • Employees 1,540
  • Stage Public
  • Sectors
    Energy & Utilities
  • Website moderninsulators.com
  • Social LinkedIn
  • Legal Name Modern Insulators Ltd.
Operational Areas
Energy & Utilities → Power Transmission & Distribution
Key Metrics
  • Market Cap
    ₹2,115 Cr

    MODINSU · BSE

  • Share Price
    ₹426.15

    -4.99% today

  • Revenue
    ₹720 Cr

    FY 2025-26 · +43.0% YoY

  • EBITDA
    ₹94.68 Cr

    Margin 13.2%

  • Net Profit
    ₹78.96 Cr

    FY 2025-26 · +166.1% YoY

  • P/E (TTM)
    22.3x

    P/B 3.9x

  • ROE
    15.8%

    ROCE 18.4%

  • Debt / Equity
    0.09

    Interest cover 6.9x

  • Employee Count
    1,540

Products & Services of Modern Insulators

Modern Insulators offers a comprehensive portfolio of products and services, including Hollow Insulators and Solid Core Insulators.

Hollow Insulators
Electrical Insulators

Hollow porcelain insulators are manufactured using high-strength Aluminous porcelain and are designed to protect internal components from weather elements.

Solid Core Insulators
Electrical Insulators

Solid core insulators are designed to meet mechanical and electrical properties, including loads from short circuits, seismic activity, and other dynamic forces.

Board of directors of Modern Insulators Limited (Modern Insulators)

Modern Insulators Limited is the primary company behind Modern Insulators. The board of Modern Insulators Limited currently have 8 directors; the longest-serving is Sachin Ranka, appointed in 1992. 20 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Sachin Ranka
DIN 00335534
Managing Director30 Nov 199233 yrs 10 moModern Insulators Limited
Meenu Alok Sacheti
DIN 02266703
Director31 Mar 201511 yrs 6 moModern Insulators Limited
Shreyans Sachin Ranka
DIN 06470710
Whole-time director01 Apr 20188 yrs 6 moModern Insulators Limited
Rahul Singhvi
DIN 08816920
Director01 Aug 20206 yrs 2 moModern Insulators Limited
Sureshkumar Mohanlal Sharma
DIN 01378040
Director12 Aug 20233 yrs 2 moModern Insulators Limited
Ganpathy Vishwanathan Kalpathy
DIN 10512773
Director01 Aug 20242 yrs 2 moModern Insulators Limited
Pranatharthiharan Sridharan
DIN 03100055
Whole-time director22 Mar 20251 yr 7 moModern Insulators Limited
Animesh Banerjee
DIN 07905214
Whole-time director22 Mar 20251 yr 7 moModern Insulators Limited

People of Modern Insulators

14 people are tracked at Modern Insulators (6 in leadership, 8 in team); the tracked headcount is 1,540.

NameRoleGroup
Sachin Ranka
Managing Director & ChairmanLeadership
Saurabh Kumbhat
Joint Vice President Account & FinanceLeadership
Sanjay Srivastava
Vice President- Corporate HR (chro)Leadership
Prabhat Kumar Sinha
Joint Vice PresidentLeadership
Purushottam Joshi
Joint Vice PresidentLeadership
Ram Kumar Vaithilingam
Sr. Vice President- T & DLeadership
Raju Thakor
Maintenance EngineerTeam
Raviranjan Shukla
Sr.manager MaintenanceTeam
Daveshwer Singh Teotia
Sr. Manager R&d NPDTeam
Dinesh Kumar
HR ManagerTeam
Bharat Bangara
Production EngineerTeam
Suprabha Desai
Account ManagerTeam
Omkar Singh Yadav
Senior Manager Maintenance And ProjectsTeam
Rahul Singh
Accountant (pharma & Pathology)Team
Premium access

Complete people profiles for Modern Insulators

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

IPO & Listings of Modern Insulators

Modern Insulators is a publicly listed company on the BSE with ticker symbol MODINSU in India, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date12 Apr 1985
  • Listed onBSE: 515008
  • Listed entityModern Insulators Ltd.
  • Exchange sectorProducer manufacturing
  • ISININE219W01012
  • Share price₹510.40 (-0.71% on the day) · 2026-10-14
  • Market capitalisation₹2,423 Cr
  • Price to earnings25.6
  • EPS (diluted, trailing year)₹19.97
  • Volume (last session)34,517

Financials of Modern Insulators

Exchange-reported figures of Modern Insulators Limited, the listed company behind Modern Insulators (BSE: MODINSU).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹720 Cr
+43.0% YoY
EBITDA
₹94.68 Cr
+147.5% YoY
Profit After Tax
₹78.96 Cr
+166.1% YoY
Net Worth
₹543 Cr
+17.3% YoY
Total Assets
₹645 Cr
+25.8% YoY
Total Debt
₹68.17 Cr
+170.4% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue720503443431442398440
Revenue growth+43.0%+13.5%+2.9%-2.4%+10.8%-9.4%-
EBITDA94.6838.2635.2523.4422.7739.6135.87
EBITDA margin+13.2%+7.6%+8.0%+5.4%+5.2%+9.9%+8.2%
Profit before tax10144.8234.6525.7120.6234.5018.70
Net profit78.9629.6735.7927.4719.0728.8627.57
Net profit margin+11.0%+5.9%+8.1%+6.4%+4.3%+7.2%+6.3%
EPS (₹)16.928.187.655.934.667.244.76
Balance sheet
Total assets645512468421411385427
Net worth543463425389361339305
Total debt68.1725.2119.148.0225.8823.67101
Cash & bank17.117.298.405.888.076.082.99
Net working capital284230229196185163199
Cash flow
Cash from operations46.6839.7111.7423.0313.8552.5727.45
Cash from investing(83.12)(41.18)(16.27)(3.75)(8.21)34.59(34.36)
Cash from financing37.081.787.71(22.01)(2.98)(86.55)(6.76)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue188203199176141160125115
Revenue growth (YoY)+33.2%+26.6%+60.1%+53.6%+36.2%---
Other income9.395.743.906.955.29(1.15)4.9710.40
EBITDA31.8031.4631.5618.7712.8917.859.924.99
EBITDA margin+16.9%+15.5%+15.8%+10.6%+9.1%+11.2%+8.0%+4.3%
Depreciation2.412.632.452.382.382.312.172.15
Interest1.311.551.251.701.381.300.890.98
Profit before tax37.4733.0231.7621.6414.4213.0911.8312.26
Tax7.869.187.635.04(0.80)4.402.54(0.79)
Net profit29.6123.8424.1316.6015.228.699.2913.05
EPS (₹)6.285.065.123.523.231.841.972.77
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue719503443431436390437
Revenue growth+42.9%+13.5%+2.9%-1.2%+11.8%-10.7%-
EBITDA95.5338.1335.2723.5422.5240.7435.57
EBITDA margin+13.3%+7.6%+8.0%+5.5%+5.2%+10.4%+8.1%
Profit before tax10445.2935.0726.0520.5535.8118.88
Net profit82.1230.3136.2327.8119.0030.1727.75
Net profit margin+11.4%+6.0%+8.2%+6.5%+4.4%+7.7%+6.4%
EPS (₹)17.598.327.746.004.657.514.80
Balance sheet
Total assets643509470422412387428
Net worth549466427390362340305
Total debt60.1519.3219.148.0225.8823.67101
Cash & bank17.035.997.994.577.043.951.46
Net working capital298239232202186164200
Cash flow
Cash from operations52.4640.0711.0123.479.6749.9034.24
Cash from investing(86.28)(36.69)(15.68)(4.42)(3.94)37.26(42.85)
Cash from financing35.68(3.97)7.71(22.01)(2.98)(86.55)(5.16)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue187202199177141160125115
Revenue growth (YoY)+32.4%+26.2%+60.1%+53.6%+36.2%---
Other income9.455.783.987.055.36(1.13)5.0610.44
Total expenses157170168157128142115110
EBITDA30.4431.5931.5119.1113.3117.829.774.91
EBITDA margin+16.3%+15.6%+15.8%+10.8%+9.4%+11.1%+7.8%+4.3%
Depreciation2.082.362.172.152.182.162.152.13
Interest1.041.351.081.511.211.200.890.94
Profit before tax36.7733.6632.2422.5015.2813.3311.7912.28
Tax7.819.087.574.95(0.84)4.262.54(0.82)

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 23 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue188203199176141160125115
Revenue growth (YoY)+33.2%+26.6%+60.1%+53.6%+36.2%---
Other income9.395.743.906.955.29(1.15)4.9710.40
EBITDA31.8031.4631.5618.7712.8917.859.924.99
EBITDA margin+16.9%+15.5%+15.8%+10.6%+9.1%+11.2%+8.0%+4.3%
Depreciation2.412.632.452.382.382.312.172.15
Interest1.311.551.251.701.381.300.890.98
Profit before tax37.4733.0231.7621.6414.4213.0911.8312.26
Tax7.869.187.635.04(0.80)4.402.54(0.79)
Net profit29.6123.8424.1316.6015.228.699.2913.05
EPS (₹)6.285.065.123.523.231.841.972.77
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue720503443431442398440
Revenue growth+43.0%+13.5%+2.9%-2.4%+10.8%-9.4%-
Other income21.8819.5811.4315.1011.7814.826.09
Total expenses625465408408419359404
Employee cost90.7579.7572.5069.5371.9567.5272.55
EBITDA94.6838.2635.2523.4422.7739.6135.87
EBITDA margin+13.2%+7.6%+8.0%+5.4%+5.2%+9.9%+8.2%
Depreciation9.848.738.628.688.7310.6410.34
Interest5.884.293.414.155.209.2912.92
Profit before tax10144.8234.6525.7120.6234.5018.70
Tax21.066.23(1.39)(2.26)(1.36)0.37(3.75)
Net profit78.9629.6735.7927.4719.0728.8627.57
Net profit margin+11.0%+5.9%+8.1%+6.4%+4.3%+7.2%+6.3%
EPS (₹)16.928.187.655.934.667.244.76
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital47.1447.1447.1447.1447.1447.1447.14
Reserves & surplus496416378342313291258
Shareholders' funds (net worth)543463425389361339305
Minority interest0.000.000.000.000.000.000.00
Secured loans68.1725.2119.148.0225.8823.67101
Unsecured loans0.000.000.000.000.000.000.00
Total debt68.1725.2119.148.0225.8823.67101
Total liabilities645512468421411385427
Assets
Gross block263250234232231230231
Net block178172163168175182192
Capital work in progress0.531.281.903.680.000.000.00
Investments11446.1618.815.3810.389.322.36
Inventories160125106117123117130
Sundry debtors15312211310510093.9784.77
Cash & bank balances17.117.298.405.888.076.082.99
Loans & advances55.6746.4465.4227.4723.1524.1457.55
Total current assets385301292255254241275
Total current liabilities10170.2363.5159.4169.1277.8675.42
Net working capital284230229196185163199
Total assets645512468421411385427
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash4.944.641.454.181.520.9014.57
Net cash from operating activities46.6839.7111.7423.0313.8552.5727.45
Net cash from investing activities(83.12)(41.18)(16.27)(3.75)(8.21)34.59(34.36)
Net cash from financing activities37.081.787.71(22.01)(2.98)(86.55)(6.76)
Net change in cash0.640.313.19(2.73)2.660.62(13.67)
Closing cash17.117.298.405.888.076.082.99
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+43.0%+13.5%+2.9%-2.4%+10.8%-9.4%-
EBITDA growth+147.5%+8.5%+50.4%+2.9%-42.5%+10.4%-
PBT growth+125.0%+29.4%+34.8%+24.7%-40.2%+84.5%-40.9%
Net income growth+166.1%-17.1%+30.3%+44.1%-33.9%+4.7%-
Revenue CAGR (3Y)+18.7%+4.5%+3.6%-0.7%-1.4%-1.6%-1.4%
EBITDA CAGR (3Y)+59.3%+18.9%-3.8%-13.2%-21.0%+2.8%+5.0%
Profitability & leverage
Net income margin+11.1%+7.7%+8.1%+6.5%+5.0%+8.6%+5.1%
Return on capital employed+18.4%+8.5%+8.6%+7.2%+5.8%+9.5%+8.6%
Return on net worth+15.9%+6.7%+8.9%+7.5%+5.5%+9.0%+9.0%
Debt / equity0.090.050.030.050.070.190.33
Long-term debt / equity0.040.010.000.000.000.000.00
Interest cover6.9314.5312.8128.1237.0432.0750.61
Efficiency & per share
Fixed asset turnover2.812.081.901.861.921.731.90
Inventory turnover5.064.373.983.593.693.243.39
Debtors turnover5.244.284.074.214.554.465.19
EPS (₹)16.928.187.655.934.667.244.76
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)115.2498.2890.1182.4476.4871.8164.75
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue187202199177141160125115
Revenue growth (YoY)+32.4%+26.2%+60.1%+53.6%+36.2%---
Other income9.455.783.987.055.36(1.13)5.0610.44
Total expenses157170168157128142115110
EBITDA30.4431.5931.5119.1113.3117.829.774.91
EBITDA margin+16.3%+15.6%+15.8%+10.8%+9.4%+11.1%+7.8%+4.3%
Depreciation2.082.362.172.152.182.162.152.13
Interest1.041.351.081.511.211.200.890.94
Profit before tax36.7733.6632.2422.5015.2813.3311.7912.28
Tax7.819.087.574.95(0.84)4.262.54(0.82)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue719503443431436390437
Revenue growth+42.9%+13.5%+2.9%-1.2%+11.8%-10.7%-
Other income22.1719.8311.8315.3411.9614.996.57
Total expenses624465408407414350401
Employee cost89.3379.5372.4969.5371.2866.3371.65
EBITDA95.5338.1335.2723.5422.5240.7435.57
EBITDA margin+13.3%+7.6%+8.0%+5.5%+5.2%+10.4%+8.1%
Depreciation8.868.528.628.688.7310.6310.34
Interest5.154.153.414.155.209.2912.92
Profit before tax10445.2935.0726.0520.5535.8118.88
Tax20.766.07(1.41)(2.26)(1.36)0.37(3.75)
Net profit82.1230.3136.2327.8119.0030.1727.75
Net profit margin+11.4%+6.0%+8.2%+6.5%+4.4%+7.7%+6.4%
EPS (₹)17.598.327.746.004.657.514.80
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital47.1447.1447.1447.1447.1447.1447.14
Reserves & surplus502419380343315293258
Shareholders' funds (net worth)549466427390362340305
Secured loans60.1219.2319.078.0225.8823.67101
Unsecured loans0.030.090.070.000.000.000.00
Total debt60.1519.3219.148.0225.8823.67101
Total liabilities643509470422412387428
Assets
Gross block240235232232231230231
Net block156157161168175182192
Capital work in progress0.530.010.000.090.000.000.00
Investments11951.1623.815.4810.489.422.46
Inventories155125106117123114124
Sundry debtors15212211310510093.9785.07
Cash & bank balances17.035.997.994.577.043.951.46
Loans & advances72.9855.5667.1834.1425.5229.7264.30
Total current assets397308294261255242274
Total current liabilities98.9069.3361.9158.7168.9877.1674.82
Net working capital298239232202186164200
Total assets643509470422412387428
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash3.644.231.194.161.410.8014.57
Net cash from operating activities52.4640.0711.0123.479.6749.9034.24
Net cash from investing activities(86.28)(36.69)(15.68)(4.42)(3.94)37.26(42.85)
Net cash from financing activities35.68(3.97)7.71(22.01)(2.98)(86.55)(5.16)
Net change in cash1.87(0.59)3.04(2.97)2.750.61(13.77)
Closing cash17.035.997.994.577.043.951.46
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+42.9%+13.5%+2.9%-1.2%+11.8%-10.7%-
EBITDA growth+150.5%+8.1%+49.8%+4.5%-44.7%+14.5%-
PBT growth+129.0%+29.1%+34.6%+26.8%-42.6%+89.7%-19.7%
Net income growth+170.9%-16.3%+30.3%+46.4%-37.0%+8.7%-
Revenue CAGR (3Y)+18.6%+4.9%+4.3%-0.5%-0.3%-1.1%+4.2%
EBITDA CAGR (3Y)+59.5%+19.2%-4.7%-12.9%-14.7%+7.8%-0.2%
Profitability & leverage
Net income margin+11.5%+7.8%+8.2%+6.6%+5.0%+9.1%+5.2%
Return on capital employed+18.9%+8.5%+8.6%+7.2%+5.7%+9.8%+9.0%
Return on net worth+16.3%+6.8%+8.9%+7.5%+5.4%+9.3%+9.4%
Debt / equity0.080.040.030.050.070.190.33
Long-term debt / equity0.030.000.000.000.000.000.00
Interest cover5.9414.0212.8027.9337.7130.8551.21
Efficiency & per share
Fixed asset turnover3.032.151.911.861.891.691.94
Inventory turnover5.144.373.983.593.693.294.04
Debtors turnover5.254.284.074.214.504.364.96
EPS (₹)17.598.327.746.004.657.514.80
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)116.4898.8590.5582.8276.7872.1364.79

Top companies in Power Transmission & Distribution

3 companies that operate in the same segment as Modern Insulators (Power Transmission & Distribution) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
TSSPDCL
Power distribution and secure services in Telangana.
2014Hyderabad, Telangana, IndiaUSD 4.12 B16,102
KRYFS
Single- and three-phase transformers are manufactured in Mumbai.
1993Mumbai, Maharashtra, IndiaUSD 114.37 M618
Sterlite Power
Electricity transmission utility projects are developed in India.
2010Mumbai, Maharashtra, IndiaUSD 167.58 MUSD 603.94 M
Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • ✓
    Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • ✓
    Full access to every database India & global coverage, advanced filters and rich profile details
  • ✓
    Always-on access from your team account Single premium plan for everything you see on the portal

Related news about Modern Insulators

Modern Insulators June-Quarter Consol Profit 296 Million Rupees
Reuters • 2 months ago
Modern Insulators Sept-Quarter Consol Profit 165.9 Million Rupees
Reuters • 11 months ago
Modern Insulators consolidated net profit declines 45.82% in the March 2025 quarter | Capital Market News - Business Standard
Business Standard • 1 year ago
Modern Insulators consolidated net profit rises 63.16% in the September 2022 quarter
India Infoline • 1 year ago
Modern Insulators schedules board meeting
India Infoline • 1 year ago
India's Modern Insulators rises on investment in IPO-bound Swiggy
Reuters • 2 years ago
Modern Insulators Approves To Invest In 138800 Shares Of Swiggy For 360 Rupees Per Share
Reuters • 2 years ago
India's Modern Insulators Ltd Sept-Quarter Consol Profit Rises
Reuters • 2 years ago
Modern Insulators Approves In Principal, A Proposal To Incorporate A Unit To Manufacture Composite Insulators
Reuters • 3 years ago
India's Modern Insulators March-Quarter Consol Profit Rises
Reuters • 3 years ago
Premium access

Complete news archive for Modern Insulators

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Frequently Asked Questions about Modern Insulators

Modern Insulators was founded in 1985.

Modern Insulators is headquartered in India.

Modern Insulators has 1,540 employees.

The primary company behind Modern Insulators, Modern Insulators Limited, reported revenue of ₹742 Cr for FY 2026, up 43% year on year.

Modern Insulators was established in 1985 in India as a producer of porcelain insulators. Operations focus on hollow, solid core, long rod, and railway insulators, which are made from high-strength aluminous porcelain under strict quality controls. These products are engineered to handle mechanical and electrical demands, including exposure to wind, ice, and short circuits. Supplies are provided to utilities, railways, and original equipment manufacturers across global markets.

Modern Insulators offers Hollow Insulators and Solid Core Insulators.

Yes, Modern Insulators is publicly traded on BSE under the ticker symbol MODINSU.

Modern Insulators operates through Modern Insulators Limited.

The legal entities of Modern Insulators currently have 10 directors, including Sachin Ranka, Sureshkumar Mohanlal Sharma, Shreyans Sachin Ranka and others.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available