- #1,545 Sachin Ranka & family ₹1,300 Cr

About Modern Insulators Limited
Data last updated:
Modern Insulators Limited is a public limited company based in Abu Road, Rajasthan, India, a subsidiary of Modern Composites Private Limited. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 01 May 1982 and has been in existence for over 44 years.
Its director Sachin Ranka and family are #1,545 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN L31300RJ1982PLC002460. Its GSTIN is 08AABCM0860G1ZP (Rajasthan). The company holds 6 GST registrations, of which 5 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 515008.
The company has an authorised share capital of ₹95 Cr and a paid-up capital of ₹47.14 Cr. It is led by directors including Sachin Ranka (Managing Director) and Shreyans Sachin Ranka (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Modern Insulators Limited Talheti Village Karoli Tehsil Abu Road, Rajasthan, India – 307510.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹719.84 Cr, a growth of 43% compared to the previous year. For the same year it recorded a net profit of ₹78.96 Cr (net margin 11%) and EBITDA of ₹94.68 Cr (EBITDA margin 13.2%). The net worth stands at ₹543.26 Cr (up 17.3% YoY). Total assets are valued at ₹644.88 Cr (up 25.8% YoY).
The company has about 1,576 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Modern Insulators. As per MCA filings, the company has open charges of ₹248.49 Cr and satisfied charges of ₹407.14 Cr on record. Court records list 114 cases involving the company, including 74 filed by the company and 40 filed against it; 24 cases are pending. The company has 1 deal on record (1 market trade); the latest was in June 2021. Its 6 peer companies in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 3 larger and 3 smaller; the largest is Yogiji Digi Limited with revenue of ₹483.67 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website moderninsulators.com.
Company details
Recognitions & Rankings of Modern Insulators
Contact details
Modern Insulators Limited's registered office is in Abu Road, Rajasthan. Its website is moderninsulators.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressModern Insulators Limited Talheti Village Karoli Tehsil Abu Road, Rajasthan, India – 307510
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Modern Insulators Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Modern Insulators operates one associated brand: Modern Insulators. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Porcelain insulators are manufactured for electrical and railway uses. | moderninsulators.com |
Business activity
The main business activity of Modern Insulators is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and textile, leather and other apparel products. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | |
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Modern Insulators Limited, buy the company report.
Financials of Modern Insulators Limited
FY 2025-26 filings availableModern Insulators Limited reported revenue of ₹719.84 Cr (up 43% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue 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 | 720 | 503 | 443 | 431 | 442 | 398 | 440 |
| Revenue growth | +43.0% | +13.5% | +2.9% | -2.4% | +10.8% | -9.4% | - |
| EBITDA | 94.68 | 38.26 | 35.25 | 23.44 | 22.77 | 39.61 | 35.87 |
| EBITDA margin | +13.2% | +7.6% | +8.0% | +5.4% | +5.2% | +9.9% | +8.2% |
| Profit before tax | 101 | 44.82 | 34.65 | 25.71 | 20.62 | 34.50 | 18.70 |
| Net profit | 78.96 | 29.67 | 35.79 | 27.47 | 19.07 | 28.86 | 27.57 |
| Net profit margin | +11.0% | +5.9% | +8.1% | +6.4% | +4.3% | +7.2% | +6.3% |
| EPS (₹) | 16.92 | 8.18 | 7.65 | 5.93 | 4.66 | 7.24 | 4.76 |
| Balance sheet | |||||||
| Total assets | 645 | 512 | 468 | 421 | 411 | 385 | 427 |
| Net worth | 543 | 463 | 425 | 389 | 361 | 339 | 305 |
| Total debt | 68.17 | 25.21 | 19.14 | 8.02 | 25.88 | 23.67 | 101 |
| Cash & bank | 17.11 | 7.29 | 8.40 | 5.88 | 8.07 | 6.08 | 2.99 |
| Net working capital | 284 | 230 | 229 | 196 | 185 | 163 | 199 |
| Cash flow | |||||||
| Cash from operations | 46.68 | 39.71 | 11.74 | 23.03 | 13.85 | 52.57 | 27.45 |
| Cash from investing | (83.12) | (41.18) | (16.27) | (3.75) | (8.21) | 34.59 | (34.36) |
| Cash from financing | 37.08 | 1.78 | 7.71 | (22.01) | (2.98) | (86.55) | (6.76) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 188 | 203 | 199 | 176 | 141 | 160 | 125 | 115 |
| Revenue growth (YoY) | +33.2% | +26.6% | +60.1% | +53.6% | +36.2% | - | - | - |
| Other income | 9.39 | 5.74 | 3.90 | 6.95 | 5.29 | (1.15) | 4.97 | 10.40 |
| EBITDA | 31.80 | 31.46 | 31.56 | 18.77 | 12.89 | 17.85 | 9.92 | 4.99 |
| EBITDA margin | +16.9% | +15.5% | +15.8% | +10.6% | +9.1% | +11.2% | +8.0% | +4.3% |
| Depreciation | 2.41 | 2.63 | 2.45 | 2.38 | 2.38 | 2.31 | 2.17 | 2.15 |
| Interest | 1.31 | 1.55 | 1.25 | 1.70 | 1.38 | 1.30 | 0.89 | 0.98 |
| Profit before tax | 37.47 | 33.02 | 31.76 | 21.64 | 14.42 | 13.09 | 11.83 | 12.26 |
| Tax | 7.86 | 9.18 | 7.63 | 5.04 | (0.80) | 4.40 | 2.54 | (0.79) |
| Net profit | 29.61 | 23.84 | 24.13 | 16.60 | 15.22 | 8.69 | 9.29 | 13.05 |
| EPS (₹) | 6.28 | 5.06 | 5.12 | 3.52 | 3.23 | 1.84 | 1.97 | 2.77 |
| 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 | 719 | 503 | 443 | 431 | 436 | 390 | 437 |
| Revenue growth | +42.9% | +13.5% | +2.9% | -1.2% | +11.8% | -10.7% | - |
| EBITDA | 95.53 | 38.13 | 35.27 | 23.54 | 22.52 | 40.74 | 35.57 |
| EBITDA margin | +13.3% | +7.6% | +8.0% | +5.5% | +5.2% | +10.4% | +8.1% |
| Profit before tax | 104 | 45.29 | 35.07 | 26.05 | 20.55 | 35.81 | 18.88 |
| Net profit | 82.12 | 30.31 | 36.23 | 27.81 | 19.00 | 30.17 | 27.75 |
| Net profit margin | +11.4% | +6.0% | +8.2% | +6.5% | +4.4% | +7.7% | +6.4% |
| EPS (₹) | 17.59 | 8.32 | 7.74 | 6.00 | 4.65 | 7.51 | 4.80 |
| Balance sheet | |||||||
| Total assets | 643 | 509 | 470 | 422 | 412 | 387 | 428 |
| Net worth | 549 | 466 | 427 | 390 | 362 | 340 | 305 |
| Total debt | 60.15 | 19.32 | 19.14 | 8.02 | 25.88 | 23.67 | 101 |
| Cash & bank | 17.03 | 5.99 | 7.99 | 4.57 | 7.04 | 3.95 | 1.46 |
| Net working capital | 298 | 239 | 232 | 202 | 186 | 164 | 200 |
| Cash flow | |||||||
| Cash from operations | 52.46 | 40.07 | 11.01 | 23.47 | 9.67 | 49.90 | 34.24 |
| Cash from investing | (86.28) | (36.69) | (15.68) | (4.42) | (3.94) | 37.26 | (42.85) |
| Cash from financing | 35.68 | (3.97) | 7.71 | (22.01) | (2.98) | (86.55) | (5.16) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 187 | 202 | 199 | 177 | 141 | 160 | 125 | 115 |
| Revenue growth (YoY) | +32.4% | +26.2% | +60.1% | +53.6% | +36.2% | - | - | - |
| Other income | 9.45 | 5.78 | 3.98 | 7.05 | 5.36 | (1.13) | 5.06 | 10.44 |
| Total expenses | 157 | 170 | 168 | 157 | 128 | 142 | 115 | 110 |
| EBITDA | 30.44 | 31.59 | 31.51 | 19.11 | 13.31 | 17.82 | 9.77 | 4.91 |
| EBITDA margin | +16.3% | +15.6% | +15.8% | +10.8% | +9.4% | +11.1% | +7.8% | +4.3% |
| Depreciation | 2.08 | 2.36 | 2.17 | 2.15 | 2.18 | 2.16 | 2.15 | 2.13 |
| Interest | 1.04 | 1.35 | 1.08 | 1.51 | 1.21 | 1.20 | 0.89 | 0.94 |
| Profit before tax | 36.77 | 33.66 | 32.24 | 22.50 | 15.28 | 13.33 | 11.79 | 12.28 |
| Tax | 7.81 | 9.08 | 7.57 | 4.95 | (0.84) | 4.26 | 2.54 | (0.82) |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 188 | 203 | 199 | 176 | 141 | 160 | 125 | 115 |
| Revenue growth (YoY) | +33.2% | +26.6% | +60.1% | +53.6% | +36.2% | - | - | - |
| Other income | 9.39 | 5.74 | 3.90 | 6.95 | 5.29 | (1.15) | 4.97 | 10.40 |
| EBITDA | 31.80 | 31.46 | 31.56 | 18.77 | 12.89 | 17.85 | 9.92 | 4.99 |
| EBITDA margin | +16.9% | +15.5% | +15.8% | +10.6% | +9.1% | +11.2% | +8.0% | +4.3% |
| Depreciation | 2.41 | 2.63 | 2.45 | 2.38 | 2.38 | 2.31 | 2.17 | 2.15 |
| Interest | 1.31 | 1.55 | 1.25 | 1.70 | 1.38 | 1.30 | 0.89 | 0.98 |
| Profit before tax | 37.47 | 33.02 | 31.76 | 21.64 | 14.42 | 13.09 | 11.83 | 12.26 |
| Tax | 7.86 | 9.18 | 7.63 | 5.04 | (0.80) | 4.40 | 2.54 | (0.79) |
| Net profit | 29.61 | 23.84 | 24.13 | 16.60 | 15.22 | 8.69 | 9.29 | 13.05 |
| EPS (₹) | 6.28 | 5.06 | 5.12 | 3.52 | 3.23 | 1.84 | 1.97 | 2.77 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 720 | 503 | 443 | 431 | 442 | 398 | 440 |
| Revenue growth | +43.0% | +13.5% | +2.9% | -2.4% | +10.8% | -9.4% | - |
| Other income | 21.88 | 19.58 | 11.43 | 15.10 | 11.78 | 14.82 | 6.09 |
| Total expenses | 625 | 465 | 408 | 408 | 419 | 359 | 404 |
| Employee cost | 90.75 | 79.75 | 72.50 | 69.53 | 71.95 | 67.52 | 72.55 |
| EBITDA | 94.68 | 38.26 | 35.25 | 23.44 | 22.77 | 39.61 | 35.87 |
| EBITDA margin | +13.2% | +7.6% | +8.0% | +5.4% | +5.2% | +9.9% | +8.2% |
| Depreciation | 9.84 | 8.73 | 8.62 | 8.68 | 8.73 | 10.64 | 10.34 |
| Interest | 5.88 | 4.29 | 3.41 | 4.15 | 5.20 | 9.29 | 12.92 |
| Profit before tax | 101 | 44.82 | 34.65 | 25.71 | 20.62 | 34.50 | 18.70 |
| Tax | 21.06 | 6.23 | (1.39) | (2.26) | (1.36) | 0.37 | (3.75) |
| Net profit | 78.96 | 29.67 | 35.79 | 27.47 | 19.07 | 28.86 | 27.57 |
| Net profit margin | +11.0% | +5.9% | +8.1% | +6.4% | +4.3% | +7.2% | +6.3% |
| EPS (₹) | 16.92 | 8.18 | 7.65 | 5.93 | 4.66 | 7.24 | 4.76 |
| 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 | 47.14 | 47.14 | 47.14 | 47.14 | 47.14 | 47.14 | 47.14 |
| Reserves & surplus | 496 | 416 | 378 | 342 | 313 | 291 | 258 |
| Shareholders' funds (net worth) | 543 | 463 | 425 | 389 | 361 | 339 | 305 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 68.17 | 25.21 | 19.14 | 8.02 | 25.88 | 23.67 | 101 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total debt | 68.17 | 25.21 | 19.14 | 8.02 | 25.88 | 23.67 | 101 |
| Total liabilities | 645 | 512 | 468 | 421 | 411 | 385 | 427 |
| Assets | |||||||
| Gross block | 263 | 250 | 234 | 232 | 231 | 230 | 231 |
| Net block | 178 | 172 | 163 | 168 | 175 | 182 | 192 |
| Capital work in progress | 0.53 | 1.28 | 1.90 | 3.68 | 0.00 | 0.00 | 0.00 |
| Investments | 114 | 46.16 | 18.81 | 5.38 | 10.38 | 9.32 | 2.36 |
| Inventories | 160 | 125 | 106 | 117 | 123 | 117 | 130 |
| Sundry debtors | 153 | 122 | 113 | 105 | 100 | 93.97 | 84.77 |
| Cash & bank balances | 17.11 | 7.29 | 8.40 | 5.88 | 8.07 | 6.08 | 2.99 |
| Loans & advances | 55.67 | 46.44 | 65.42 | 27.47 | 23.15 | 24.14 | 57.55 |
| Total current assets | 385 | 301 | 292 | 255 | 254 | 241 | 275 |
| Total current liabilities | 101 | 70.23 | 63.51 | 59.41 | 69.12 | 77.86 | 75.42 |
| Net working capital | 284 | 230 | 229 | 196 | 185 | 163 | 199 |
| Total assets | 645 | 512 | 468 | 421 | 411 | 385 | 427 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 4.94 | 4.64 | 1.45 | 4.18 | 1.52 | 0.90 | 14.57 |
| Net cash from operating activities | 46.68 | 39.71 | 11.74 | 23.03 | 13.85 | 52.57 | 27.45 |
| Net cash from investing activities | (83.12) | (41.18) | (16.27) | (3.75) | (8.21) | 34.59 | (34.36) |
| Net cash from financing activities | 37.08 | 1.78 | 7.71 | (22.01) | (2.98) | (86.55) | (6.76) |
| Net change in cash | 0.64 | 0.31 | 3.19 | (2.73) | 2.66 | 0.62 | (13.67) |
| Closing cash | 17.11 | 7.29 | 8.40 | 5.88 | 8.07 | 6.08 | 2.99 |
| 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 | +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 / equity | 0.09 | 0.05 | 0.03 | 0.05 | 0.07 | 0.19 | 0.33 |
| Long-term debt / equity | 0.04 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 6.93 | 14.53 | 12.81 | 28.12 | 37.04 | 32.07 | 50.61 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.81 | 2.08 | 1.90 | 1.86 | 1.92 | 1.73 | 1.90 |
| Inventory turnover | 5.06 | 4.37 | 3.98 | 3.59 | 3.69 | 3.24 | 3.39 |
| Debtors turnover | 5.24 | 4.28 | 4.07 | 4.21 | 4.55 | 4.46 | 5.19 |
| EPS (₹) | 16.92 | 8.18 | 7.65 | 5.93 | 4.66 | 7.24 | 4.76 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 115.24 | 98.28 | 90.11 | 82.44 | 76.48 | 71.81 | 64.75 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 187 | 202 | 199 | 177 | 141 | 160 | 125 | 115 |
| Revenue growth (YoY) | +32.4% | +26.2% | +60.1% | +53.6% | +36.2% | - | - | - |
| Other income | 9.45 | 5.78 | 3.98 | 7.05 | 5.36 | (1.13) | 5.06 | 10.44 |
| Total expenses | 157 | 170 | 168 | 157 | 128 | 142 | 115 | 110 |
| EBITDA | 30.44 | 31.59 | 31.51 | 19.11 | 13.31 | 17.82 | 9.77 | 4.91 |
| EBITDA margin | +16.3% | +15.6% | +15.8% | +10.8% | +9.4% | +11.1% | +7.8% | +4.3% |
| Depreciation | 2.08 | 2.36 | 2.17 | 2.15 | 2.18 | 2.16 | 2.15 | 2.13 |
| Interest | 1.04 | 1.35 | 1.08 | 1.51 | 1.21 | 1.20 | 0.89 | 0.94 |
| Profit before tax | 36.77 | 33.66 | 32.24 | 22.50 | 15.28 | 13.33 | 11.79 | 12.28 |
| Tax | 7.81 | 9.08 | 7.57 | 4.95 | (0.84) | 4.26 | 2.54 | (0.82) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 719 | 503 | 443 | 431 | 436 | 390 | 437 |
| Revenue growth | +42.9% | +13.5% | +2.9% | -1.2% | +11.8% | -10.7% | - |
| Other income | 22.17 | 19.83 | 11.83 | 15.34 | 11.96 | 14.99 | 6.57 |
| Total expenses | 624 | 465 | 408 | 407 | 414 | 350 | 401 |
| Employee cost | 89.33 | 79.53 | 72.49 | 69.53 | 71.28 | 66.33 | 71.65 |
| EBITDA | 95.53 | 38.13 | 35.27 | 23.54 | 22.52 | 40.74 | 35.57 |
| EBITDA margin | +13.3% | +7.6% | +8.0% | +5.5% | +5.2% | +10.4% | +8.1% |
| Depreciation | 8.86 | 8.52 | 8.62 | 8.68 | 8.73 | 10.63 | 10.34 |
| Interest | 5.15 | 4.15 | 3.41 | 4.15 | 5.20 | 9.29 | 12.92 |
| Profit before tax | 104 | 45.29 | 35.07 | 26.05 | 20.55 | 35.81 | 18.88 |
| Tax | 20.76 | 6.07 | (1.41) | (2.26) | (1.36) | 0.37 | (3.75) |
| Net profit | 82.12 | 30.31 | 36.23 | 27.81 | 19.00 | 30.17 | 27.75 |
| Net profit margin | +11.4% | +6.0% | +8.2% | +6.5% | +4.4% | +7.7% | +6.4% |
| EPS (₹) | 17.59 | 8.32 | 7.74 | 6.00 | 4.65 | 7.51 | 4.80 |
| 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 | 47.14 | 47.14 | 47.14 | 47.14 | 47.14 | 47.14 | 47.14 |
| Reserves & surplus | 502 | 419 | 380 | 343 | 315 | 293 | 258 |
| Shareholders' funds (net worth) | 549 | 466 | 427 | 390 | 362 | 340 | 305 |
| Secured loans | 60.12 | 19.23 | 19.07 | 8.02 | 25.88 | 23.67 | 101 |
| Unsecured loans | 0.03 | 0.09 | 0.07 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total debt | 60.15 | 19.32 | 19.14 | 8.02 | 25.88 | 23.67 | 101 |
| Total liabilities | 643 | 509 | 470 | 422 | 412 | 387 | 428 |
| Assets | |||||||
| Gross block | 240 | 235 | 232 | 232 | 231 | 230 | 231 |
| Net block | 156 | 157 | 161 | 168 | 175 | 182 | 192 |
| Capital work in progress | 0.53 | 0.01 | 0.00 | 0.09 | 0.00 | 0.00 | 0.00 |
| Investments | 119 | 51.16 | 23.81 | 5.48 | 10.48 | 9.42 | 2.46 |
| Inventories | 155 | 125 | 106 | 117 | 123 | 114 | 124 |
| Sundry debtors | 152 | 122 | 113 | 105 | 100 | 93.97 | 85.07 |
| Cash & bank balances | 17.03 | 5.99 | 7.99 | 4.57 | 7.04 | 3.95 | 1.46 |
| Loans & advances | 72.98 | 55.56 | 67.18 | 34.14 | 25.52 | 29.72 | 64.30 |
| Total current assets | 397 | 308 | 294 | 261 | 255 | 242 | 274 |
| Total current liabilities | 98.90 | 69.33 | 61.91 | 58.71 | 68.98 | 77.16 | 74.82 |
| Net working capital | 298 | 239 | 232 | 202 | 186 | 164 | 200 |
| Total assets | 643 | 509 | 470 | 422 | 412 | 387 | 428 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 3.64 | 4.23 | 1.19 | 4.16 | 1.41 | 0.80 | 14.57 |
| Net cash from operating activities | 52.46 | 40.07 | 11.01 | 23.47 | 9.67 | 49.90 | 34.24 |
| Net cash from investing activities | (86.28) | (36.69) | (15.68) | (4.42) | (3.94) | 37.26 | (42.85) |
| Net cash from financing activities | 35.68 | (3.97) | 7.71 | (22.01) | (2.98) | (86.55) | (5.16) |
| Net change in cash | 1.87 | (0.59) | 3.04 | (2.97) | 2.75 | 0.61 | (13.77) |
| Closing cash | 17.03 | 5.99 | 7.99 | 4.57 | 7.04 | 3.95 | 1.46 |
| 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 | +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 / equity | 0.08 | 0.04 | 0.03 | 0.05 | 0.07 | 0.19 | 0.33 |
| Long-term debt / equity | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 5.94 | 14.02 | 12.80 | 27.93 | 37.71 | 30.85 | 51.21 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.03 | 2.15 | 1.91 | 1.86 | 1.89 | 1.69 | 1.94 |
| Inventory turnover | 5.14 | 4.37 | 3.98 | 3.59 | 3.69 | 3.29 | 4.04 |
| Debtors turnover | 5.25 | 4.28 | 4.07 | 4.21 | 4.50 | 4.36 | 4.96 |
| EPS (₹) | 17.59 | 8.32 | 7.74 | 6.00 | 4.65 | 7.51 | 4.80 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 116.48 | 98.85 | 90.55 | 82.82 | 76.78 | 72.13 | 64.79 |
To see the full year-wise statements and ratios of Modern Insulators Limited, buy the company report.
Board of directors of Modern Insulators Limited
Modern Insulators has 8 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sachin Ranka Also directs: Modern Denim Limited | Managing Director | 30 Nov 1992 | 33 Years 10 Months | Current |
| Sureshkumar Mohanlal Sharma | Director | 12 Aug 2023 | 3 Years 2 Months | Current |
| Shreyans Sachin Ranka Also directs: Modern Composites Private Limited | Whole-Time Director | 01 Apr 2018 | 8 Years 6 Months | Current |
| Rahul Singhvi Also directs: Modern Denim Limited | Director | 01 Aug 2020 | 6 Years 2 Months | Current |
| Meenu Alok Sacheti Also directs: Modern Denim Limited, Sacheti Metals Private Limited | Director | 31 Mar 2015 | 11 Years 6 Months | Current |
| Pranatharthiharan Sridharan Also directs: Modern Composites Private Limited | Whole-Time Director | 22 Mar 2025 | 1 Years 7 Months | Current |
Peer comparison
Modern Insulators Limited is compared with the 6 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Modern Insulators Limitedthis company | ₹719.84 Cr (FY 2026) | ₹78.96 Cr | 11% | 43.0% | 1,576 | Abu Road, Rajasthan, India |
| Yogiji Digi Limited | ₹483.67 Cr (FY 2025) | 21.0% | Faridabad, Haryana, India | |||
| Swelect Energy Systems Limited | ₹482.77 Cr (FY 2025) | 73.0% | Chennai, Tamil Nadu, India | |||
| Symatic Engineering Private Limited | ₹468.93 Cr (FY 2025) | 29.0% | Navi Mumbai, Maharashtra, India | |||
| Jaynix Engineering Private Limited | ₹448.2 Cr (FY 2025) | 56.0% | Karjan, Gujarat, India | |||
| Lucy Electric India Private Limited | ₹446.02 Cr (FY 2025) | 31.0% | Nashik, Maharashtra, India | |||
| Intelux Electronics Private Limited | ₹442.61 Cr (FY 2024) | -19.0% | Pune, Maharashtra, India |
To see the full peer comparison of Modern Insulators Limited, buy the company report.
Auditor
Modern Insulators Limited is audited by M/s R B Verma and Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M/s R B Verma and Associates | FY 2024 | 012650C |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 60.20%, foreign institutional investors hold 0.40%, domestic institutional investors hold 1.10% and retail and other public shareholders hold 38.30%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 60.20% | 60.20% | 60.20% | 60.20% |
| Public | 39.80% | 39.80% | 39.80% | 39.80% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Mar 2026 | 101268606 | Others | ₹51 Cr | Open | |
| 05 Feb 2026 | 101229302 | Others | ₹33 Lakh | Open | |
| 24 Dec 2025 | 101227685 | Others | ₹20.5 Cr | Open | |
| 24 Dec 2025 | 101228544 | Others | ₹14.5 Cr | Open | |
| 24 Dec 2025 | 101228553 | Others | ₹3.52 Cr | Open |
To see the full charge records of Modern Insulators Limited, buy the company report.
Total charge records: 82 View all charges
Deals & funding
Modern Insulators Limited has 1 deal on record (1 market trade); the latest was in June 2021.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2021 | Market trade | ₹2.7 Cr | Buyer: Rajasthan Global Securities Private Limited Seller: Life Insurance Corporation Of India |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Modern Insulators Limited has 114 court cases on record: 74 filed by Modern Insulators, 40 filed against it. 24 cases are pending and 90 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 71 | 15 | 20 |
| District courts | 29 | 18 | 4 |
| Supreme Court | 12 | 6 | 0 |
| NCLT | 2 | 1 | 0 |
Cases on record (5 of 114)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Rajasthan | Writ petition | Filed by the company against Mayur Lime and Chemicals Limited | Pending |
| High Court of Rajasthan | Interim or miscellaneous application | Filed by the company against Mayur Lime and Chemicals Limited | Pending |
| High Court | Writ petition | Filed by the company against Rajasthan Rajya Vidyut Prasaran Nigam Limited (Rrvpnl) and 3 others | Pending |
| High Court, RAJASTHAN | Arbitration matter | Filed by the company against M/S Mayur Lime and Chemicals Limited | Pending |
| High Court | Writ petition | Filed by the company against Rajasthan Rajya Vidyut Prasaran Nigam Limited (Rrvpnl) and 3 others | Disposed |
To see the full case history of Modern Insulators Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Modern Insulators Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Modern Insulators Limited has a workforce of 1,576 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Modern Insulators has 6 GST registrations: 5 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AABCM0860G1ZP | Rajasthan | Active | 01 Jul 2017 |
| 08AABCM0860G1DY | Rajasthan | Active | 26 Oct 2024 |
| 24AABCM0860G1ZV | Gujarat | Active | 01 Jul 2017 |
| 24AABCM0860G3ZT | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Modern Insulators Limited, buy the company report.
Recent activity
Modern Insulators Limited has 38 board changes on record since 1982: 23 appointments and 15 cessations. The latest: Animesh Banerjee was appointed as Whole-Time Director on 22 Mar 2025.
192 earlier events are in the company report.
News
Frequently asked questions
Modern Insulators is an active public limited company based in Abu Road, Rajasthan, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 01 May 1982 (44+ years old) and is registered under CIN L31300RJ1982PLC002460. Listed on BSE: 515008.
Modern Insulators reported revenue of ₹719.84 Cr for FY 2025-26 (up 43% YoY) based on consolidated financials.
Modern Insulators has 8 current directors:
- Sachin Ranka - Managing Director
- Shreyans Sachin Ranka - Whole-Time Director
- Pranatharthiharan Sridharan - Whole-Time Director
- Animesh Banerjee - Whole-Time Director
- Sureshkumar Mohanlal Sharma - Director
- Rahul Singhvi - Director
- Meenu Alok Sacheti - Director
- Ganpathy Vishwanathan Kalpathy - Director
The latest financial statements of Modern Insulators on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Modern Insulators is 08AABCM0860G1ZP, registered in Rajasthan. The company has 6 GST registrations in all, of which 5 are active and 1 is cancelled or inactive. Other active GSTINs include 08AABCM0860G1DY (Rajasthan), 24AABCM0860G1ZV (Gujarat), 24AABCM0860G3ZT (Gujarat).
The CIN (Corporate Identification Number) of Modern Insulators is L31300RJ1982PLC002460. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Modern Insulators is a listed company as per MCA records. Its shares are listed on BSE (code: 515008).
Modern Insulators has 114 court cases on record: 74 filed by the company and 40 filed against it. 24 are pending. Most are in the high courts.
Modern Insulators was incorporated on 01 May 1982, making it 44+ years old. It is registered with the Registrar of Companies, Jaipur.
Modern Insulators has 1 deal on record (1 market trade); the latest was in June 2021.
The peers of Modern Insulators by revenue are Yogiji Digi Limited, Swelect Energy Systems Limited, Symatic Engineering Private Limited, Jaynix Engineering Private Limited, Lucy Electric India Private Limited and 1 more, all in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).