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500451 - Modern Denim Share Price

₹0.4 0.0  0.0%

Last Trade - 01/01/01

Sector
Consumer Cyclicals
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £4.71m
Position in Universe th / 3012
Bullish
Bearish
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Momentum
Relative Strength (%)
1m +6.86%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Mar 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
407.2 339.6 772.7 733.2 748.8 676.2 +10.7%
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the three months ended 30 June 2020, Modern Denim Ltd revenues decreased 98% to RS3.6M. Net income totaled RS166K vs. loss of RS10.1M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net Income reflects Other expenses decrease of 94% to RS3.7M (expense), Employee benefits expense decrease of 91% to RS2.7M (expense).
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
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Safe
Earnings Manipulation Risk(M-Score)
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Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

500451 Revenue Unlock 500451 Revenue

Net Income

500451 Net Income Unlock 500451 Revenue

Normalised EPS

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PE Ratio Range

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Dividend Yield Range

500451 Dividend Yield Range Unlock 500451 Revenue
Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
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Consensus Estimate
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Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
500451 EPS Forecasts Unlock 500451 Revenue
Profile Summary

Modern Denim Limited is an India-based company, which is engaged in manufacturing denim fabrics. The Company's products include Basic Denims, Sulphur Black Denims, Sulphur Fancy Denims, Rain Effect Denims, Trendy Colour Denims, Mix and Stretch Denims, Cross Hatch Denims, Cross Hatch IBST, Combination Twill Denims, and Fancy Denims. The Company's product range includes fabric's ranging from 5.5 ounces/square yard to 14.5 ounces/square yard made in alternative weaves in Indigo Blue, Ecru, Sulfur Dye and special colors up to 67 inches finished width. The Company offers specialty fabrics, including cord denim, stretch denim and ring, multi count and mixed count denim, cross hatch, wool denim, face and back denim, coated and laminated denim, and blended. The Company exports its products to the United States, the United Kingdom, Italy, Spain, France, Portugal, Israel and South East Asia. The Company's manufacturing plant has a capacity of approximately 30 million meters of Denim per annum.

Directors
Last Annual March 31st, 2020
Last Interim June 30th, 2020
Incorporated November 15, 1977
Public Since July 13, 1993
No. of Shareholders: n/a
No. of Employees: n/a
Sector Consumer Cyclicals
Industry Textiles & Apparel
Index
Exchange Bombay Stock Exchange
Shares in Issue 37,502,000
Free Float (0.0%)
Eligible for
ISAs
SIPPs
500451 Share Price Performance
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Latest News for 500451
Upcoming Events for 500451
Frequently Asked Questions for Modern Denim
What is the Modern Denim share price?

As of 01/01/01, shares in Modern Denim are trading at ₹0.4, giving the company a market capitalisation of £n/a. This share price information is delayed by 15 minutes.

How has the Modern Denim share price performed this year?

Shares in Modern Denim are currently trading at ₹0.4 and the price has moved by -33.33% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Modern Denim price has moved by -28.54% over the past year.

What are the analyst and broker recommendations for Modern Denim?

There are no analysts currently covering Modern Denim.

When will Modern Denim next release its financial results?

Modern Denim is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-06-30
What is the Modern Denim dividend yield?

Modern Denim does not currently pay a dividend.

Does Modern Denim pay a dividend?

Modern Denim does not currently pay a dividend.

When does Modern Denim next pay dividends?

Modern Denim does not currently pay a dividend.

How do I buy Modern Denim shares?

To buy shares in Modern Denim you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Modern Denim?

Shares in Modern Denim are currently trading at ₹0.4, giving the company a market capitalisation of £n/a.

Where are Modern Denim shares listed? Where are Modern Denim shares listed?

Here are the trading details for Modern Denim:

Country of listing: India
Exchange: BSE
Ticker Symbol: 500451
What kind of share is Modern Denim?

We were not able to load our ranking data for Modern Denim

Is there a Modern Denim share price forecast 2020?

We were not able to load any forecast data for Modern Denim.

How can I tell whether the Modern Denim share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Modern Denim. Over the past six months, the relative strength of its shares against the market has been -49%. At the current price of ₹0.4, shares in Modern Denim are trading at % against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Modern Denim PE Ratio?

We were not able to find PE ratio data for Modern Denim.

Who are the key directors of Modern Denim?

Modern Denim's management team is headed by:

Sachin Ranka - CHM
B. Verma - DRC
R. Maheshwari - DRC
H. Sharma - DRC
Kirit Shah - SEC
Meenu Sacheti - IND
Suvrat Ranka - EDR
Who are the major shareholders of Modern Denim?

Here are the top five shareholders of Modern Denim based on the size of their shareholding:

Vijay Beneficiary Trust Corporation
Percentage owned: 34.41% (12.9m shares)
UTI Asset Management Co. Ltd. Investment Advisor
Percentage owned: 17.55% (6.58m shares)
Life Insurance Corporation of India Insurance Company
Percentage owned: 4.29% (1.61m shares)
Gujarat State Financial Corporation Corporation
Percentage owned: 3.98% (1.49m shares)
General Insurance Corporation of India Insurance Company
Percentage owned: 2.93% (1.10m shares)
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