
About Modern Malleables
Modern Malleables is a publicly listed company based in Kolkata (India). Manufacturing of line hardware and accessories for energy transmission, including exports and certifications. It operates in the Industrial Goods & Manufacturing and Energy & Utilities sectors. The company has 43 employees. Its Indian entity Modern Malleables Ltd reported revenue of ₹151 Cr. Modern Malleables offers products and services including Insulator Hardware and Conductor Accessories. Its focus areas include Manufacturing, Industrial Supplies, Electrical Components and Fittings and Accessories.
Company details
Modern Malleables Ltd. is recognized as a pioneer in the manufacture of line hardware and accessories for energy transmission components. State-of-the-art facilities are operated by the company, which holds ISO 9001:2008 certification and maintains a NABL accredited laboratory. Millions of fittings have been exported to over 45 countries for utilities and contractors. Products such as insulator hardware and conductor accessories are produced for phase conductors, ground wire, OPGW, ADSS, AB cables, and distribution lines up to 1200KV. The companys contributions are noted in domestic and international markets, where manufacturing processes are aligned with industry standards.
- Headquarters Kolkata, India
- Employees 43
- Stage Public
- SectorsIndustrial Goods & ManufacturingEnergy & Utilities
- Email••••••••
- Website modernmalleables.com
- Legal Name Modern Malleables Ltd.
- Market Cap₹496 Cr
MODMA · BSE
- Share Price₹44.50
+4.51% today
- Revenue₹151 Cr
FY 2025-26 · +188.4% YoY
- EBITDA₹27.18 Cr
Margin 18.0%
- Net Profit₹19.16 Cr
FY 2025-26 · +1328.2% YoY
- P/E (TTM)20.7x
P/B 2.8x
- ROE11.5%
ROCE 14.3%
- Debt / Equity0.05
Interest cover 2.9x
- Employee Count43
Associated legal entities of Modern Malleables
Modern Malleables operates through Modern Malleables Ltd, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Modern Malleables Ltd Listed CIN L27101WB1982PLC035371 | Active | 16 Oct 1982 | Kolkata, West Bengal | ₹151 Cr | 43 | 8 | View details |
Products & Services of Modern Malleables
Modern Malleables offers a comprehensive portfolio of products and services, including Insulator Hardware and Conductor Accessories.
Insulator hardware is manufactured for phase conductors and related applications in energy transmission
Conductor accessories are provided for ground wire and other fittings in distribution lines
Board of directors of Modern Malleables Ltd (Modern Malleables)
Modern Malleables Ltd is the primary company behind Modern Malleables. The board of Modern Malleables Ltd currently have 6 directors; the longest-serving is Biswanath Jhunjhunwala, appointed in 1982. 10 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Biswanath Jhunjhunwala DIN 00331168 | Managing Director | 16 Oct 1982 | 44 yrs | Modern Malleables Ltd |
| Siddhishree Jhunjhunwala DIN 08884963 | Director | 26 Sep 2020 | 6 yrs 1 mo | Modern Malleables Ltd |
| Pradip Kumar Ghosh DIN 07083871 | Director | 10 Aug 2022 | 4 yrs 3 mo | Modern Malleables Ltd |
| Atanu Sen Sarma DIN 00347353 | Director | 29 Jun 2024 | 2 yrs 4 mo | Modern Malleables Ltd |
| Prabir Kumar Dey DIN 02328254 | Director | 04 Sep 2024 | 2 yrs 2 mo | Modern Malleables Ltd |
| Dipti Sengupta DIN 10769457 | Director | 04 Sep 2024 | 2 yrs 2 mo | Modern Malleables Ltd |
IPO & Listings of Modern Malleables
Modern Malleables is a publicly listed company on the BSE with ticker symbol MODMA 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 date15 Mar 1993
- Listed onBSE: MODMA
- Listed entityModern Malleables Ltd.
- Exchange sectorProducer manufacturing
- ISININE834C01028
- Share price₹34.10 (-2.99% on the day) · 2026-10-13
- Market capitalisation₹397 Cr
- Price to earnings16.3
- EPS (diluted, trailing year)₹2.09
- Volume (last session)500
Financials of Modern Malleables
Exchange-reported figures of Modern Malleables Ltd, the listed company behind Modern Malleables (BSE: MODMA).
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 151 | 52.31 | 67.99 | 52.40 | 45.95 | 38.38 | 93.21 |
| Revenue growth | +188.4% | -23.1% | +29.8% | +14.0% | +19.7% | -58.8% | - |
| EBITDA | 27.18 | 0.85 | 16.16 | 11.09 | 12.28 | 5.84 | 38.20 |
| EBITDA margin | +18.0% | +1.6% | +23.8% | +21.2% | +26.7% | +15.2% | +41.0% |
| Profit before tax | 25.79 | 13.16 | 18.70 | 12.26 | 18.61 | 5.18 | 37.59 |
| Net profit | 19.16 | (1.56) | 12.98 | 7.93 | 9.19 | 3.69 | 27.97 |
| Net profit margin | +12.7% | -3.0% | +19.1% | +15.1% | +20.0% | +9.6% | +30.0% |
| EPS (₹) | 1.66 | 0.96 | 1.21 | 0.80 | 1.26 | 0.30 | 2.41 |
| Balance sheet | |||||||
| Total assets | 195 | 177 | 163 | 105 | 95.30 | 77.43 | 55.18 |
| Net worth | 178 | 159 | 148 | 104 | 92.60 | 73.37 | 51.02 |
| Total debt | 11.55 | 4.14 | 0.00 | 0.00 | 0.00 | 1.35 | 0.70 |
| Cash & bank | 0.09 | 0.06 | 21.84 | 0.79 | 0.38 | 0.12 | 0.29 |
| Net working capital | 49.12 | 36.04 | 44.36 | 12.22 | 18.34 | 11.41 | 6.20 |
| Cash flow | |||||||
| Cash from operations | 7.04 | (10.76) | 6.22 | 23.03 | (0.73) | (0.56) | 17.43 |
| Cash from investing | (6.27) | (10.78) | 4.82 | (12.62) | 1.01 | 0.47 | (20.20) |
| Cash from financing | (0.74) | (0.23) | 0.00 | 0.00 | (0.01) | (0.09) | 0.55 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 55.23 | 53.45 | 31.46 | 38.15 | 27.82 | 26.17 | 13.21 | 10.50 |
| Revenue growth (YoY) | +98.5% | +104.2% | +138.2% | +263.3% | +1109.6% | - | - | - |
| Other income | 0.00 | 0.15 | 0.00 | 0.02 | 0.06 | 11.04 | 0.13 | 0.00 |
| Total expenses | 44.52 | 41.39 | 25.65 | 32.43 | 24.22 | 24.00 | 13.78 | 10.06 |
| EBITDA | 10.71 | 12.06 | 5.81 | 5.72 | 3.60 | 2.17 | (0.57) | 0.44 |
| EBITDA margin | +19.4% | +22.6% | +18.5% | +15.0% | +12.9% | +8.3% | -4.3% | +4.2% |
| Depreciation | 0.24 | 0.31 | 0.19 | 0.20 | 0.20 | 0.19 | 0.17 | 0.17 |
| Interest | 0.45 | 0.20 | 0.05 | 0.30 | 0.19 | 0.20 | 0.00 | 0.00 |
| Profit before tax | 10.02 | 11.70 | 5.57 | 5.24 | 3.27 | 12.82 | (0.61) | 0.27 |
| Tax | 2.52 | 2.90 | 1.40 | 1.32 | 0.82 | 2.01 | 0.00 | 0.00 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 55.23 | 53.45 | 31.46 | 38.15 | 27.82 | 26.17 | 13.21 | 10.50 |
| Revenue growth (YoY) | +98.5% | +104.2% | +138.2% | +263.3% | +1109.6% | - | - | - |
| Other income | 0.00 | 0.15 | 0.00 | 0.02 | 0.06 | 11.04 | 0.13 | 0.00 |
| Total expenses | 44.52 | 41.39 | 25.65 | 32.43 | 24.22 | 24.00 | 13.78 | 10.06 |
| EBITDA | 10.71 | 12.06 | 5.81 | 5.72 | 3.60 | 2.17 | (0.57) | 0.44 |
| EBITDA margin | +19.4% | +22.6% | +18.5% | +15.0% | +12.9% | +8.3% | -4.3% | +4.2% |
| Depreciation | 0.24 | 0.31 | 0.19 | 0.20 | 0.20 | 0.19 | 0.17 | 0.17 |
| Interest | 0.45 | 0.20 | 0.05 | 0.30 | 0.19 | 0.20 | 0.00 | 0.00 |
| Profit before tax | 10.02 | 11.70 | 5.57 | 5.24 | 3.27 | 12.82 | (0.61) | 0.27 |
| Tax | 2.52 | 2.90 | 1.40 | 1.32 | 0.82 | 2.01 | 0.00 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 151 | 52.31 | 67.99 | 52.40 | 45.95 | 38.38 | 93.21 |
| Revenue growth | +188.4% | -23.1% | +29.8% | +14.0% | +19.7% | -58.8% | - |
| Other income | 0.25 | 13.31 | 3.34 | 2.00 | 7.25 | 0.38 | 0.66 |
| Total expenses | 124 | 51.46 | 51.83 | 41.31 | 33.67 | 32.54 | 55.01 |
| Employee cost | 3.16 | 2.58 | 2.14 | 1.85 | 1.75 | 1.63 | 2.29 |
| EBITDA | 27.18 | 0.85 | 16.16 | 11.09 | 12.28 | 5.84 | 38.20 |
| EBITDA margin | +18.0% | +1.6% | +23.8% | +21.2% | +26.7% | +15.2% | +41.0% |
| Depreciation | 0.89 | 0.75 | 0.74 | 0.79 | 0.87 | 0.93 | 1.10 |
| Interest | 0.75 | 0.25 | 0.06 | 0.04 | 0.05 | 0.11 | 0.17 |
| Profit before tax | 25.79 | 13.16 | 18.70 | 12.26 | 18.61 | 5.18 | 37.59 |
| Tax | 6.45 | 2.01 | 4.64 | 3.01 | 3.89 | 1.66 | 9.53 |
| Net profit | 19.16 | (1.56) | 12.98 | 7.93 | 9.19 | 3.69 | 27.97 |
| Net profit margin | +12.7% | -3.0% | +19.1% | +15.1% | +20.0% | +9.6% | +30.0% |
| EPS (₹) | 1.66 | 0.96 | 1.21 | 0.80 | 1.26 | 0.30 | 2.41 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 11.65 | 11.65 | 11.65 | 11.65 | 11.65 | 11.65 | 11.65 |
| Reserves & surplus | 166 | 147 | 136 | 92.27 | 80.95 | 61.72 | 39.37 |
| Shareholders' funds (net worth) | 178 | 159 | 148 | 104 | 92.60 | 73.37 | 51.02 |
| Secured loans | 11.55 | 4.14 | 0.00 | 0.00 | 0.00 | 1.35 | 0.70 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total debt | 11.55 | 4.14 | 0.00 | 0.00 | 0.00 | 1.35 | 0.70 |
| Total liabilities | 195 | 177 | 163 | 105 | 95.30 | 77.43 | 55.18 |
| Assets | |||||||
| Gross block | 30.94 | 29.72 | 28.21 | 28.20 | 27.58 | 27.29 | 26.27 |
| Net block | 6.37 | 5.93 | 5.17 | 5.52 | 5.68 | 6.26 | 6.55 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 140 | 135 | 114 | 86.98 | 71.18 | 59.66 | 42.20 |
| Inventories | 38.22 | 35.99 | 32.73 | 7.01 | 12.44 | 8.20 | 7.93 |
| Sundry debtors | 38.47 | 18.00 | 1.18 | 14.11 | 19.38 | 28.97 | 21.19 |
| Cash & bank balances | 0.09 | 0.06 | 21.84 | 0.79 | 0.38 | 0.12 | 0.29 |
| Loans & advances | 1.50 | 5.81 | 7.64 | 14.00 | 7.01 | 4.22 | 3.26 |
| Total current assets | 78.28 | 59.86 | 63.39 | 35.91 | 39.21 | 41.51 | 32.67 |
| Total current liabilities | 29.16 | 23.82 | 19.03 | 23.69 | 20.87 | 30.10 | 26.47 |
| Net working capital | 49.12 | 36.04 | 44.36 | 12.22 | 18.34 | 11.41 | 6.20 |
| Total assets | 195 | 177 | 163 | 105 | 95.30 | 77.43 | 55.18 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.06 | 21.84 | 10.79 | 0.38 | 0.12 | 0.29 | 2.51 |
| Net cash from operating activities | 7.04 | (10.76) | 6.22 | 23.03 | (0.73) | (0.56) | 17.43 |
| Net cash from investing activities | (6.27) | (10.78) | 4.82 | (12.62) | 1.01 | 0.47 | (20.20) |
| Net cash from financing activities | (0.74) | (0.23) | 0.00 | 0.00 | (0.01) | (0.09) | 0.55 |
| Net change in cash | 0.03 | (21.78) | 11.05 | 10.41 | 0.27 | (0.17) | (2.22) |
| Closing cash | 0.09 | 0.06 | 21.84 | 0.79 | 0.38 | 0.12 | 0.29 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +188.4% | -23.1% | +29.8% | +14.0% | +19.7% | -58.8% | - |
| EBITDA growth | +3097.7% | -94.7% | +45.7% | -9.7% | +110.3% | -84.7% | - |
| PBT growth | +96.0% | -29.6% | +52.5% | -34.1% | +259.3% | -86.2% | +4781.8% |
| Net income growth | +1328.2% | -112.0% | +63.7% | -13.7% | +149.1% | -86.8% | - |
| Revenue CAGR (3Y) | +42.3% | +4.4% | +21.0% | -17.5% | -2.0% | -17.6% | +17.7% |
| EBITDA CAGR (3Y) | +34.8% | -58.9% | +40.4% | -33.8% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +12.8% | +21.3% | +20.7% | +17.7% | +32.0% | +9.2% | +30.1% |
| Return on capital employed | +14.3% | +0.7% | +14.0% | +10.6% | +13.8% | +10.6% | +68.4% |
| Return on net worth | +11.5% | -1.0% | +11.2% | +8.1% | +11.1% | +5.9% | +55.0% |
| Debt / equity | 0.05 | 0.01 | 0.00 | 0.00 | 0.01 | 0.02 | 0.01 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 2.85 | 250.00 | 0.39 | 0.39 | 0.44 | 2.24 | 0.46 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 4.97 | 1.81 | 2.41 | 1.88 | 1.67 | 1.43 | 3.55 |
| Inventory turnover | 4.07 | 1.52 | 3.42 | 5.39 | 4.45 | 4.76 | 11.75 |
| Debtors turnover | 5.34 | 5.45 | 8.89 | 3.13 | 1.90 | 1.53 | 4.40 |
| EPS (₹) | 1.66 | 0.96 | 1.21 | 0.80 | 1.26 | 0.30 | 2.41 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 15.27 | 13.63 | 12.66 | 8.92 | 7.95 | 6.30 | 4.38 |
Web traffic of Modern Malleables
The website of Modern Malleables (modernmalleables.com) receives about 1.2K visits a month.
- Monthly visits1.2K
▼ 12.9% vs previous month
Top companies in PCB & Electronic Components
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Manufactures energy meters, monitors, and switchgear for power management and industrial applications. | 2004 | Bengaluru, Karnataka, India | USD 30.79 M | 35 | ||
Gala Precision Engineering is engaged in manufacturing precision components. | 2009 | Thane, Maharashtra, India | USD 34.1 M | 295 | ||
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Frequently Asked Questions about Modern Malleables
Modern Malleables is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.
Modern Malleables has 43 employees.
The primary company behind Modern Malleables, Modern Malleables Ltd, reported revenue of ₹151 Cr for FY 2026, up 188% year on year.
Modern Malleables Ltd. is recognized as a pioneer in the manufacture of line hardware and accessories for energy transmission components. State-of-the-art facilities are operated by the company, which holds ISO 9001:2008 certification and maintains a NABL accredited laboratory. Millions of fittings have been exported to over 45 countries for utilities and contractors. Products such as insulator hardware and conductor accessories are produced for phase conductors, ground wire, OPGW, ADSS, AB cables, and distribution lines up to 1200KV. The companys contributions are noted in domestic and international markets, where manufacturing processes are aligned with industry standards.
Modern Malleables offers Insulator Hardware and Conductor Accessories.
Yes, Modern Malleables is publicly traded on BSE under the ticker symbol MODMA.
Modern Malleables operates through Modern Malleables Ltd.
The legal entities of Modern Malleables currently have 8 directors, including Pradip Kumar Ghosh, Biswanath Jhunjhunwala, Siddhishree Jhunjhunwala and others.