Modern Threads (I)
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Forensics
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April 30 (Reuters) - Modern Threads (India) Ltd MTHR.NS:
MODERN THREADS (INDIA) LTD- ENTERED AND SIGNED POWER PURCHASE AGREEMENTS WITH KGK GREENS
MODERN THREADS (INDIA) LTD - SIGNS 25-YEAR PPA FOR 5 MW (DC) CAPACITY AT PALLI SITE PHALODI, RAJASTHAN
Source text: ID:nNSE45sK4B
Further company coverage: MTHR.NS
(([email protected];))
April 30 (Reuters) - Modern Threads (India) Ltd MTHR.NS:
MODERN THREADS (INDIA) LTD- ENTERED AND SIGNED POWER PURCHASE AGREEMENTS WITH KGK GREENS
MODERN THREADS (INDIA) LTD - SIGNS 25-YEAR PPA FOR 5 MW (DC) CAPACITY AT PALLI SITE PHALODI, RAJASTHAN
Source text: ID:nNSE45sK4B
Further company coverage: MTHR.NS
(([email protected];))
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What does Modern Threads (I) do?
Modern Threads, a part of Modern Group, is a leading synthetic yarn spinning plant in India. They manufacture and market premium polyester viscose yarns in a wide range of colors and styles.
Who are the competitors of Modern Threads (I)?
Modern Threads (I) major competitors are Shree Ram Twistex, DCM, Suryalata Spg. Mills, Shiva Texyarn, Salona Cotspin, Raja Bahadur Intnl., Bengal Tea & Fabrics. Market Cap of Modern Threads (I) is ₹167 Crs. While the median market cap of its peers are ₹167 Crs.
Is Modern Threads (I) financially stable compared to its competitors?
Modern Threads (I) seems to be less financially stable compared to its competitors. Altman Z score of Modern Threads (I) is 2.98 and is ranked 6 out of its 8 competitors.
Does Modern Threads (I) pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Modern Threads (I) latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Modern Threads (I) allocated its funds?
NA
How strong is Modern Threads (I) balance sheet?
Balance sheet of Modern Threads (I) is strong. But short term working capital might become an issue for this company.
Is the profitablity of Modern Threads (I) improving?
The profit is oscillating. The profit of Modern Threads (I) is ₹13.04 Crs for TTM, ₹3.37 Crs for Mar 2025 and ₹25.43 Crs for Mar 2024.
Is the debt of Modern Threads (I) increasing or decreasing?
Yes, The net debt of Modern Threads (I) is increasing. Latest net debt of Modern Threads (I) is ₹27.73 Crs as of Mar-26. This is greater than Mar-25 when it was ₹17.49 Crs.
Is Modern Threads (I) stock expensive?
Modern Threads (I) is not expensive. Latest PE of Modern Threads (I) is 12.09, while 3 year average PE is 23.02. Also latest EV/EBITDA of Modern Threads (I) is 13.63 while 3yr average is 40.77.
Has the share price of Modern Threads (I) grown faster than its competition?
Modern Threads (I) has given lower returns compared to its competitors. Modern Threads (I) has grown at ~-15.89% over the last 2yrs while peers have grown at a median rate of 0.0%
Is the promoter bullish about Modern Threads (I)?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Modern Threads (I) is 65.16% and last quarter promoter holding is 65.16%.
Are mutual funds buying/selling Modern Threads (I)?
The mutual fund holding of Modern Threads (I) is stable. The current mutual fund holding in Modern Threads (I) is 0.05% while previous quarter holding is 0.05%.