About Modern Steel Ltd.
Data last updated: 05 January 2026
Modern Steel Ltd. is a public limited company based in Punjab, Punjab, India. It specialises in steel manufacturing and processing, a part of the broader metals and mining sector. Incorporated on 19 November 1973, the company has been in operation for over 53 years.
Registered with ROC Chandigarh under CIN L27109PB1973PLC003358. Listed on BSE: 513303.
Capital: an authorised share capital of ₹25 Cr and a paid-up capital of ₹13.76 Cr. Formerly known as Modern Steels Ltd and Modern Steels Private Ltd. It is led by directors including Avtar Krishan Vashisht and Anupama Sharma.
Last AGM: 27 June 2025. Financial statements filed for year ended 31 March 2025. Office: G T Roadmandi Gobindgarh, Punjab, Punjab, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.49 Cr, reflecting significant growth compared to the previous year.
The company has a workforce of approximately 679 employees as per the latest available data.
The company is associated with 1 brand - Modern Steels. As per MCA filings, the company has satisfied charges of ₹529.44 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website modernsteels.com.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media**************
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Registered AddressG T Roadmandi Gobindgarh, Punjab, Punjab, India
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IndustryMetals and Minerals, Steel Manufacturing & Processing
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Modern Steel Ltd.
Modern Steel Ltd. has undergone 2 name changes throughout its history. The company was previously known as Modern Steels Ltd, and Modern Steels Private Ltd. The current legal name is Modern Steel Ltd., reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Modern Steel Ltd. | Current |
| Modern Steels Ltd | Previous |
| Modern Steels Private Ltd | Previous |
CIN History of Modern Steel Ltd.
Modern Steel Ltd. has one previous CIN (Corporate Identification Number): U27109PB1973PLC003358. The current CIN is L27109PB1973PLC003358, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L27109PB1973PLC003358 | Current |
| U27109PB1973PLC003358 | Previous |
Associated Brands with Modern Steel Ltd.
Modern Steel Ltd. operates one associated brand: Modern Steels. These brands represent Modern Steel Ltd.'s diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Steel alloys and bars are manufactured by Modern Steels. | modernsteels.com |
Auditor Details of Modern Steel Ltd.
Modern Steel Ltd. is audited by A P T & CO LLP (ICAI peer reviewed, certificate valid till 2027-04-30) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| A P T & CO LLP (ICAI peer reviewed, certificate valid till 2027-04-30) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Modern Steel Ltd.
Modern Steel Ltd. is currently managed by 7 directors, with 22 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Avtar Krishan Vashisht
Also directs:
Modern Dairyfarms Limited
|
Director | 11 May 2021 | 5 Years 1 Months | Current |
|
Anupama Sharma
Also directs:
Shivalik Solid Waste Management Limited
|
Director | 11 Aug 2023 | 2 Years 10 Months | Current |
|
Satish Kumar Kapoor
Also directs:
Modern Dairyfarms Limited
|
Director | 14 Oct 2020 | 5 Years 8 Months | Current |
| Krishan Kumar Goyal | Managing Director | 01 May 2011 | 15 Years 2 Months | Current |
Financials of Modern Steel Ltd. FY 2026 filings available
Modern Steel Ltd. reported revenue of ₹- (up ) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹0 | ₹0 | ₹0 | ₹0 | ₹102.04 Cr | ₹83.53 Cr | ₹211.46 Cr | ₹321.56 Cr | ₹395.65 Cr |
| Other Income | ₹2.01 Cr | ₹5.49 Cr | ₹1.87 Cr | ₹19.68 Cr | ₹80.38 Cr | ₹3.71 Cr | ₹38 Lakh | ₹1.84 Cr | ₹1.66 Cr |
| Total Income | ₹2.01 Cr | ₹5.49 Cr | ₹1.87 Cr | ₹19.68 Cr | ₹182.42 Cr | ₹87.24 Cr | ₹211.84 Cr | ₹323.4 Cr | ₹397.31 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹10.31 Cr | ₹20.89 Cr | ₹110.9 Cr | ₹192.21 Cr | ₹201.71 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹20.87 Cr |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹1.85 Cr | ₹3.78 Cr | ₹13.64 Cr | ₹3.39 Cr | ₹4.3 Cr |
| Employee Benefit Expense | ₹40 Lakh | ₹42 Lakh | ₹37 Lakh | ₹10 Lakh | ₹15.05 Cr | ₹20.23 Cr | ₹23.54 Cr | ₹23.35 Cr | ₹23.73 Cr |
| Finance Costs | ₹0 | ₹0 | ₹0 | ₹24 Lakh | ₹86 Lakh | ₹46 Lakh | ₹39 Lakh | ₹1.77 Cr | ₹1.79 Cr |
| Depreciation & Amortisation | ₹1 Lakh | ₹0 | ₹0 | ₹0 | ₹3.59 Cr | ₹4.87 Cr | ₹4.86 Cr | ₹5.17 Cr | ₹5.41 Cr |
| Other Expenses | ₹54 Lakh | ₹63 Lakh | ₹93 Lakh | ₹45 Lakh | ₹74.63 Cr | ₹59.51 Cr | ₹109.28 Cr | ₹122.72 Cr | ₹169.73 Cr |
| Total Expenses | ₹95 Lakh | ₹1.05 Cr | ₹1.3 Cr | ₹79 Lakh | ₹106.29 Cr | ₹109.74 Cr | ₹262.61 Cr | ₹348.61 Cr | ₹427.54 Cr |
| Profit Before Exceptional Items & Tax | ₹1.06 Cr | ₹4.44 Cr | ₹57 Lakh | ₹18.89 Cr | ₹76.13 Cr | -₹22.5 Cr | -₹50.77 Cr | -₹25.21 Cr | -₹30.23 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | -₹5.06 Cr | ₹1.37 Cr | ₹61.12 Cr | ₹1.38 Cr | ₹0 | ₹0 |
| Profit Before Tax | ₹1.06 Cr | ₹4.44 Cr | ₹57 Lakh | ₹13.83 Cr | ₹77.5 Cr | ₹38.62 Cr | -₹49.39 Cr | -₹25.21 Cr | -₹30.23 Cr |
| Total Tax Expense | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Profit | ₹1.06 Cr | ₹4.44 Cr | ₹57 Lakh | ₹13.83 Cr | ₹77.5 Cr | ₹38.62 Cr | -₹49.39 Cr | -₹25.21 Cr | -₹30.23 Cr |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | -₹1 Lakh | -₹5 Lakh | -₹2.25 Cr |
| Total Comprehensive Income | ₹1.06 Cr | ₹4.44 Cr | ₹57 Lakh | ₹13.83 Cr | ₹77.5 Cr | ₹38.62 Cr | -₹49.4 Cr | -₹25.26 Cr | -₹32.48 Cr |
| EBITDA (computed) | ₹1.07 Cr | ₹4.44 Cr | ₹57 Lakh | ₹19.13 Cr | ₹80.58 Cr | -₹17.17 Cr | -₹45.52 Cr | -₹18.27 Cr | -₹23.03 Cr |
| Basic EPS | ₹0.77 | ₹3.23 | ₹0.41 | ₹10.05 | ₹56.31 | ₹28.07 | ₹-35.90 | ₹-18.32 | ₹-21.97 |
| Diluted EPS | ₹0.77 | ₹3.23 | ₹0.41 | ₹10.05 | ₹56.31 | ₹28.07 | ₹-35.90 | ₹-18.32 | ₹-21.97 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹19.87 Cr | ₹18.8 Cr | ₹13.91 Cr | ₹14.28 Cr | ₹6.37 Cr | ₹95.06 Cr | ₹112.68 Cr | ₹170.41 Cr | ₹191.7 Cr |
| Non-current Assets | ₹13.36 Cr | ₹13.5 Cr | ₹9 Lakh | ₹9 Lakh | ₹9 Lakh | ₹55.99 Cr | ₹60.2 Cr | ₹65.75 Cr | ₹69.24 Cr |
| Current Assets | ₹6.51 Cr | ₹5.3 Cr | ₹13.82 Cr | ₹14.19 Cr | ₹6.28 Cr | ₹39.07 Cr | ₹52.48 Cr | ₹104.66 Cr | ₹122.46 Cr |
| Property, Plant & Equipment | ₹5 Lakh | ₹6 Lakh | ₹6 Lakh | ₹6 Lakh | ₹6 Lakh | ₹49.91 Cr | ₹54.48 Cr | ₹59.04 Cr | ₹62.47 Cr |
| Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹16.51 Cr | ₹19.78 Cr | ₹41.07 Cr | ₹44.51 Cr |
| Trade Receivables | ₹33 Lakh | ₹32 Lakh | ₹0 | ₹0 | ₹0 | ₹14.14 Cr | ₹25.17 Cr | ₹56.14 Cr | ₹72.37 Cr |
| Cash & Equivalents | ₹6 Lakh | ₹5 Lakh | ₹98 Lakh | ₹52 Lakh | ₹41 Lakh | ₹12 Lakh | ₹20 Lakh | ₹1.11 Cr | ₹1.8 Cr |
| Equity (Net Worth) | ₹18.89 Cr | ₹17.83 Cr | ₹13.39 Cr | ₹12.82 Cr | -₹1.01 Cr | -₹78.52 Cr | -₹117.61 Cr | -₹68.25 Cr | -₹42.96 Cr |
| Equity Share Capital | ₹14.4 Cr | ₹14.4 Cr | ₹14.4 Cr | ₹14.4 Cr | ₹14.4 Cr | ₹14.4 Cr | ₹14.4 Cr | ₹14.4 Cr | ₹14.4 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Borrowings (Current) | ₹21 Lakh | ₹21 Lakh | ₹21 Lakh | ₹1.27 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Debt (computed) | ₹21 Lakh | ₹21 Lakh | ₹21 Lakh | ₹1.27 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Current Liabilities | ₹98 Lakh | ₹97 Lakh | ₹52 Lakh | ₹1.46 Cr | ₹7.38 Cr | ₹171.39 Cr | ₹227.95 Cr | ₹236.7 Cr | ₹232.7 Cr |
| Total Liabilities | ₹98 Lakh | ₹97 Lakh | ₹52 Lakh | ₹1.46 Cr | ₹7.38 Cr | ₹173.58 Cr | ₹230.29 Cr | ₹238.66 Cr | ₹234.66 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | ₹2 Lakh | ₹3.63 Cr | ₹46 Lakh | ₹35 Lakh | -₹3.31 Cr | ₹132.72 Cr |
| Investing Cash Flow | -₹1 Lakh | -₹4.56 Cr | ₹0 | ₹0 | ₹52.47 Cr | -₹43 Lakh |
| Financing Cash Flow | ₹0 | ₹0 | ₹0 | -₹24 Lakh | -₹48.87 Cr | -₹132.37 Cr |
| Capital Expenditure | ₹0 | ₹0 | ₹0 | ₹0 | -₹47.01 Cr | ₹69 Lakh |
| Free Cash Flow (computed) | ₹2 Lakh | ₹3.63 Cr | ₹46 Lakh | ₹35 Lakh | -₹50.32 Cr | ₹132.03 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | ₹1 Lakh | -₹93 Lakh | ₹46 Lakh | ₹11 Lakh | ₹29 Lakh | -₹8 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Other Income | ₹93 Lakh | ₹30 Lakh | ₹31 Lakh | ₹47 Lakh | ₹4.82 Cr | ₹23 Lakh | ₹22 Lakh | ₹22 Lakh |
| Total Income | ₹93 Lakh | ₹30 Lakh | ₹31 Lakh | ₹47 Lakh | ₹4.82 Cr | ₹23 Lakh | ₹22 Lakh | ₹22 Lakh |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹11 Lakh | ₹9 Lakh | ₹10 Lakh | ₹10 Lakh | ₹15 Lakh | ₹9 Lakh | ₹9 Lakh | ₹9 Lakh |
| Finance Costs | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Depreciation & Amortisation | ₹1 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Other Expenses | ₹15 Lakh | ₹11 Lakh | ₹13 Lakh | ₹14 Lakh | ₹14 Lakh | ₹16 Lakh | ₹17 Lakh | ₹16 Lakh |
| Total Expenses | ₹27 Lakh | ₹20 Lakh | ₹23 Lakh | ₹24 Lakh | ₹29 Lakh | ₹25 Lakh | ₹26 Lakh | ₹25 Lakh |
| Profit Before Exceptional Items & Tax | ₹66 Lakh | ₹10 Lakh | ₹8 Lakh | ₹23 Lakh | ₹4.53 Cr | -₹2 Lakh | -₹4 Lakh | -₹3 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹66 Lakh | ₹10 Lakh | ₹8 Lakh | ₹23 Lakh | ₹4.53 Cr | -₹2 Lakh | -₹4 Lakh | -₹3 Lakh |
| Total Tax Expense | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Profit | ₹66 Lakh | ₹10 Lakh | ₹8 Lakh | ₹23 Lakh | ₹4.53 Cr | -₹2 Lakh | -₹4 Lakh | -₹3 Lakh |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | ₹66 Lakh | ₹10 Lakh | ₹8 Lakh | ₹23 Lakh | ₹4.53 Cr | -₹2 Lakh | -₹4 Lakh | -₹3 Lakh |
| EBITDA (computed) | ₹67 Lakh | ₹10 Lakh | ₹8 Lakh | ₹23 Lakh | ₹4.53 Cr | -₹2 Lakh | -₹4 Lakh | -₹3 Lakh |
| Basic EPS | ₹0.48 | ₹0.06 | ₹0.06 | ₹0.16 | ₹3.30 | ₹-0.02 | ₹-0.03 | ₹-0.02 |
| Diluted EPS | ₹0.48 | ₹0.06 | ₹0.06 | ₹0.16 | ₹3.30 | ₹-0.02 | ₹-0.03 | ₹-0.02 |
Shareholding Pattern of Modern Steel Ltd.
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 65.53%, domestic institutional investors hold 0.05%, retail and other public shareholders hold 34.42% of Modern Steel Ltd.. The company had 9,677 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 65.53% | 65.53% | 65.53% | 65.53% | 65.53% | 65.53% |
| Public | 34.47% | 34.47% | 34.47% | 34.47% | 34.47% | 34.47% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 65.53% | 65.53% | 65.53% |
| Public | 34.47% | 34.47% | 34.47% |
| Promoter change (YoY, %pts) | +0.00 | +0.00 | - |
Charges & Borrowings of Modern Steel Ltd.
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Jul 2013 | Others | ₹74.6 Cr | Satisfied |
| 30 Mar 2013 | Punjab National Bank | ₹2.52 Cr | Satisfied |
| 30 Mar 2013 | Punjab National Bank | ₹10 Cr | Satisfied |
| 30 Mar 2013 | Punjab National Bank | ₹10 Cr | Satisfied |
| 30 Mar 2013 | Punjab National Bank | ₹10 Cr | Satisfied |
Total charge records: 31 View all charges
Employees and EPFO Compliance at Modern Steel Ltd.
Modern Steel Ltd. has a workforce of 679 employees as of Apr 13, 2025.
Employee Count & EPFO Data of Modern Steel Ltd.
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GST Compliance of Modern Steel Ltd.
GSTIN & GST Filing Data of Modern Steel Ltd.
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Credit Ratings, Litigation & Regulatory Alerts for Modern Steel Ltd.
Credit Ratings, Legal Cases & Regulatory Alerts of Modern Steel Ltd.
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MSME Payment Delays by Modern Steel Ltd.
MSME Payment Delays by Modern Steel Ltd.
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Subsidiaries & Group Companies of Modern Steel Ltd.
Subsidiaries & Group Companies of Modern Steel Ltd.
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MCA Filings & Documents of Modern Steel Ltd.
MCA Filings & Documents of Modern Steel Ltd.
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Recent Activity on Modern Steel Ltd.
Frequently Asked Questions about Modern Steel Ltd.
Modern Steel Ltd. is an active public limited company in the metals and minerals sector based in Punjab, Punjab, India. It was incorporated on 19 November 1973 (53+ years old) and is registered under CIN L27109PB1973PLC003358. Listed on BSE: 513303. The company has 679 employees.
Modern Steel Ltd. reported revenue of ₹5.49 Cr for FY 2025 (up 194.00% YoY).
The current directors of Modern Steel Ltd. are:
- Deepa
- Avtar Krishan Vashisht
- Anupama Sharma
- Suresh Kumar Puri
- Satish Kumar Kapoor
- Krishan Kumar Goyal
- Ananya Modi
The primary industry of Modern Steel Ltd. is metals and minerals. The company specifically operates in steel manufacturing and processing. The company is currently active in this sector.
Yes. Modern Steel Ltd. is listed on BSE with code 513303.
Modern Steel Ltd. can be reached at the registered office: G T Roadmandi Gobindgarh, Punjab, Punjab, India, or through the website modernsteels.com.