MD
Modern Denim
Consumer Discretionary
500451 BSE
Price unavailable
No trades in 1Y
Key Insights
No strengths listed
Weaknesses
2- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 0.51% over past five years.
Growth Rate
From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.
Revenue
| 10Y | −3.86% |
|---|---|
| 5Y | +0.51% |
| 3Y | −16.85% |
| 1Y | +2.37% |
| TTM | −5.94% |
Net profit
| 10Y | Turned to loss |
|---|---|
| 5Y | Loss widened by ₹7.28 Cr |
| 3Y | Loss widened by ₹8.32 Cr |
| 1Y | Loss widened by ₹3.20 Cr |
| TTM | Loss widened by ₹2.34 Cr |
Operating cash flow
| 10Y | Outflow narrowed by ₹9.32 Cr |
|---|---|
| 5Y | Turned negative |
| 3Y | Outflow narrowed by ₹3.12 Cr |
| 1Y | Outflow narrowed by ₹4.31 Cr |
| TTM | — |
TTM: Reported once a year, so there is no trailing-twelve-month figure.
Operating margin· change in pp
| 10Y | −18.37 pp |
|---|---|
| 5Y | −21.13 pp |
| 3Y | −29.99 pp |
| 1Y | −8.14 pp |
| TTM | −5.32 pp |
Revenue by year
| Mar 2017 | ₹77.27 Cr |
|---|---|
| Mar 2018 | ₹73.32 Cr |
| Mar 2019 | ₹74.88 Cr |
| Mar 2020 | ₹67.62 Cr |
| Mar 2021 | ₹22.33 Cr |
| Mar 2022 | ₹26.35 Cr |
| Mar 2023 | ₹39.84 Cr |
| Mar 2024 | ₹25.04 Cr |
| Mar 2025 | ₹22.37 Cr |
| Mar 2026 | ₹22.90 Cr |
Net profit by year
| Mar 2017 | ₹2.01 Cr |
|---|---|
| Mar 2018 | −₹3.11 Cr |
| Mar 2019 | −₹4.46 Cr |
| Mar 2020 | −₹2.32 Cr |
| Mar 2021 | −₹1.62 Cr |
| Mar 2022 | −₹6.26 Cr |
| Mar 2023 | −₹0.58 Cr |
| Mar 2024 | −₹5.34 Cr |
| Mar 2025 | −₹5.70 Cr |
| Mar 2026 | −₹8.90 Cr |
Quarterly Results
₹ Cr| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 8.14 | 7.86 | 5.25 | 3.79 | 5.77 | 3.89 | 4.81 | 7.91 | 5.46 | 5.8 | 4.85 | 6.79 | 3.32 |
| Expenses | 8.93 | 8.99 | 6.41 | 5.21 | 6.82 | 5.15 | 6.06 | 9.77 | 7.05 | 7.16 | 5.69 | 9.84 | 4.78 |
| Operating Profit | −0.79 | −1.13 | −1.16 | −1.42 | −1.05 | −1.26 | −1.25 | −1.86 | −1.59 | −1.36 | −0.84 | −3.05 | −1.46 |
| OPM % | −9.71% | −14.38% | −22.1% | −37.47% | −18.2% | −32.39% | −25.99% | −23.51% | −29.12% | −23.45% | −17.32% | −44.92% | −43.98% |
| Other Income | 0 | 0 | 0 | 0.13 | 0 | 0 | 0 | 0.66 | 0 | −1.55 | 0.15 | 0.18 | 0 |
| Interest | 0 | 0 | 0 | 0.05 | 0.03 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.23 | 0.23 | 0.23 | 0.22 | 0.07 | 0.07 | 0.07 | 0.7 | 0.21 | 0.21 | 0.21 | 0.21 | 0.13 |
| PBT | −1.02 | −1.36 | −1.39 | −1.56 | −1.15 | −1.33 | −1.32 | −1.9 | −1.8 | −3.12 | −0.9 | −3.08 | −1.59 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Profit | −1.02 | −1.36 | −1.39 | −1.56 | −1.15 | −1.33 | −1.32 | −1.9 | −1.8 | −3.12 | −0.9 | −3.08 | −1.59 |
Profit & Loss
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 40.72 | 33.96 | 77.27 | 73.32 | 74.88 | 67.62 | 22.33 | 26.35 | 39.84 | 25.04 | 22.37 | 22.9 | 20.76 |
| Expenses | 44.18 | 37.88 | 73.23 | 75.26 | 75.63 | 68.85 | 24.29 | 29.74 | 39.81 | 29.5 | 27.24 | 29.75 | 27.47 |
| Operating Profit | −3.46 | −3.92 | 4.04 | −1.94 | −0.75 | −1.23 | −1.96 | −3.39 | 0.03 | −4.46 | −4.87 | −6.85 | −6.71 |
| OPM % | −8.5% | −11.54% | 5.23% | −2.65% | −1% | −1.82% | −8.78% | −12.87% | 0.08% | −17.81% | −21.77% | −29.91% | −32.32% |
| Other Income | 1.72 | 47.49 | 0.12 | 0.38 | −2.61 | −0.06 | 1.3 | −1.79 | 0.35 | 0.13 | 0.15 | −1.21 | −1.22 |
| Interest | 0.45 | 0.81 | 1.16 | 0.56 | 0.11 | 0.05 | 0.02 | 0.02 | 0.03 | 0.09 | 0.07 | 0 | 0 |
| Depreciation | 2.65 | 1 | 0.99 | 0.99 | 0.99 | 0.98 | 0.94 | 1.06 | 0.93 | 0.91 | 0.91 | 0.84 | 0.76 |
| PBT | −4.84 | 41.76 | 2.01 | −3.11 | −4.46 | −2.32 | −1.62 | −6.26 | −0.58 | −5.33 | −5.7 | −8.9 | −8.69 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
| Net Profit | −4.83 | 41.76 | 2.01 | −3.11 | −4.46 | −2.32 | −1.62 | −6.26 | −0.58 | −5.34 | −5.7 | −8.9 | −8.69 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 37.5 | 37.5 | 37.5 | 37.5 | 37.5 | 37.5 | 37.5 | 37.5 | 37.5 | 37.5 | 37.5 | 37.5 |
| Reserves | −118 | −76.03 | −74.44 | −77.6 | −82.08 | −84.47 | −86.11 | −92.31 | −92.86 | −98.21 | −104 | −113 |
| Borrowings | 56.52 | 45.11 | 44.47 | 61.18 | 68.03 | 68.38 | 71.05 | 71.5 | 75.65 | 79.97 | 85.85 | 87.02 |
| Other Liabilities | 55.99 | 25.76 | 36.73 | 33.68 | 32.82 | 22.31 | 19.74 | 17.4 | 19 | 17.3 | 16.93 | 15.5 |
| Total Liabilities | 32.21 | 32.34 | 44.26 | 54.76 | 56.27 | 43.72 | 42.18 | 34.09 | 39.29 | 36.56 | 36.38 | 27.22 |
| Fixed Assets | 24.72 | 20.75 | 19.79 | 18.91 | 14.89 | 10.04 | 11.46 | 10.42 | 9.52 | 8.62 | 7.73 | 5.92 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 7.49 | 11.59 | 24.47 | 35.85 | 41.38 | 33.68 | 30.72 | 23.67 | 29.77 | 27.94 | 28.65 | 21.3 |
| Total Assets | 32.21 | 32.34 | 44.26 | 54.76 | 56.27 | 43.72 | 42.18 | 34.09 | 39.29 | 36.56 | 36.38 | 27.22 |
Cash Flow
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 7.34 | −11.3 | −11.04 | −15.96 | −6.62 | 2.11 | 6.82 | −2.99 | −5.1 | −4.11 | −6.29 | −1.98 |
| Investing | 0.08 | 6.8 | 0.08 | −0.04 | −0.04 | 0.42 | 0.28 | −0.04 | 0.64 | −0.01 | 0.18 | 0.89 |
| Financing | −7.36 | 4.38 | 11.02 | 15.67 | 6.87 | −2.81 | −7.07 | 3.36 | 4.15 | 4.31 | 5.89 | 1.17 |
| Net Cash Flow | 0.06 | −0.12 | 0.07 | −0.33 | 0.21 | −0.28 | 0.03 | 0.33 | −0.31 | 0.19 | −0.22 | 0.09 |
| Free Cash Flow | 7.3 | −4.72 | −11.06 | −16.07 | −6.68 | 2.47 | 7.03 | −3.02 | −4.5 | −4.13 | −6.12 | −1.09 |
| CFO/OP | −212 | 288 | −273 | 823 | 868 | −176 | −336 | 90 | −17,100 | 92 | 129 | 29 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 6.9 | 17.84 | 37.84 | 58.89 | 74.58 | 41.29 | 53.61 | 78.54 | 70.36 | 62.97 | 67.88 | 50.21 |
| Inventory Days | 45.59 | 145 | 107 | 165 | 173 | 142 | 213 | 230 | 240 | 384 | 463 | 313 |
| Days Payable | 286 | 183 | 87.88 | 85.76 | 80.55 | 26.1 | 62.37 | 53.54 | 44.22 | 49.9 | 45.39 | 7.12 |
| Cash Conversion Cycle | −233 | −20.03 | 57.18 | 138 | 167 | 157 | 205 | 255 | 266 | 397 | 485 | 356 |
| Working Capital Days | −539 | −572 | −167 | −60.73 | −26.52 | −27.53 | −99.87 | −55.82 | −8.61 | 13.85 | 41.28 | −53.08 |
| ROCE % | — | — | 44.93% | −17.83% | −5.66% | 3.43% | −4.65% | −10.94% | −3.24% | −26.5% | −26.35% | −47.16% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Modern Denim insights
28 extracted metrics across FY15–FY27.
Documents
Frequently Asked Questions about Modern Denim
What does Modern Denim Ltd do?
Modern Denim is primarily engaged in the business of manufacturing denim fabric.
Where is Modern Denim Ltd (MDRNSUT-B) listed?
Modern Denim Ltd trades under code 500451 on the BSE.
Which sector does Modern Denim Ltd belong to?
Modern Denim Ltd is classified under the Consumer Discretionary sector, in the Textiles & Apparels industry.
Company Information
Modern Denim is primarily engaged in the business of manufacturing denim fabric.
Website moderndenim.com
Face Value ₹10
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