MODINATURFast Moving Consumer Goods

Modi Naturals Limited

Other Agricultural Products · ISIN INE537F01012 · BSE 519003 · NSE EQ · FV ₹10
Last price
₹338
+3.67%today
What this company does

Modi Naturals Limited operates in Other Agricultural Products, part of the Fast Moving Consumer Goods sector. It booked ₹156 cr of revenue in its latest quarter (Q1 FY27) and kept 8.0% of sales as profit.

65out of 100
Equitytale Health Score
Solid

Healthier than 65% of companies in Fast Moving Consumer Goods, on the 5 of 6 measures we could read for it. Each measure is ranked against the 122–149 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
41

At close. Not part of the score.

Profitability & returns78

How much profit it earns on the money it employs

Balance sheet33

How much it owes, and whether earnings cover the interest

Cash quality53

Whether reported profit actually arrives as cash

Valuation73

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Promoters hold 69%
No promoter shares pledged
Strong 29% return on equity
Watch-outs
None flagged from our data

What if I invest in MODINATUR?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹338 +3.67%
latest close · 2026-09-17
52-wk low ₹31542 sessions so far52-wk high ₹426
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio8.9Low
LowAverageHigh
P/B ratio2.61Moderate
Below bookModerateHigh
EV / EBITDA7.0Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity29.0%Strong
WeakFairStrong ▸15%
Return on capital25.0%Strong
WeakFairStrong
Net margin8.0%Decent
ThinDecentStrong
EBITDA margin14.0%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.94Moderate
LowModerateHigh ▸1
Interest cover6.3×Strong
RiskyOkayStrong ▸5×
Current ratio1.66Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹450 cr
Book value
₹129
EPS
₹9.44
latest quarter
Net debt
₹159 cr
owes more than its cash
Enterprise value
₹609 cr
EBITDA
₹87 cr
annualised
EBIT
₹76 cr
annualised
Operating margin
12.2%
Return on assets
12.3%
Earnings yield
11.17%
P/S
0.72
Sales / share
₹467.8
Tax rate
21.6%
Face value
₹10
Shares
1.3 cr
Working capital
₹69 cr
Current assets
₹172 cr
Current liabilities
₹103 cr
Delivery %
74.3%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the exchange filings
not investment advice
Hard to value confidentlyLow confidence
Too few reliable models — the filings don't support two independent estimates of value.
Models span ₹326₹326, midpoint ₹326

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹156 cr
Other Income₹-32.9 L
Total Income₹155 cr
Cost of Materials₹103 cr
Purchases of Stock-in-Trade₹2 cr
Inventory Change (±)₹5 cr
Employee Benefit Expense₹8 cr
Finance Costs₹3 cr
Depreciation & Amortisation₹3 cr
Other Expenses₹14 cr
Total Expenses₹139 cr
Profit before Tax₹16 cr
Tax Expense₹3 cr
Net Profit₹13 cr
Net margin on total income8.1%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹111 cr71.3%
Employee benefit expense₹8 cr5.3%
Finance costs₹3 cr1.9%
Depreciation & amortisation₹3 cr1.9%
Other expenses₹14 cr9.3%
Tax expense₹3 cr2.2%
Profit for the period₹13 cr8.1%
Total income ₹155 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue174 cr243 cr156 cr
Total income174 cr243 cr155 cr
Expenses162 cr222 cr139 cr
Profit before tax12 cr26 cr16 cr
Tax2 cr6 cr3 cr
Net profit (owners' share)10 cr20 cr13 cr
Net margin (owners' share, on revenue)5.8%8.1%8.0%
EPS (₹)7.5615.009.44
Balance sheet & cash flow · as of Mar 2026
Moderate debt
Total assets
₹407 cr
Shareholder equity
₹172 cr
parent shareholders
Total debt
₹161 cr
Cash
₹2 cr
Peer comparison
Other Agricultural Products · by market value
CompanyPriceMarket capP/E
LT Foods Limited₹422₹14,651 cr20.0
KRBL Limited₹395₹9,051 cr8.7
Gujarat Ambuja Exports Limited₹159₹7,312 cr10.4
TruAlt Bioenergy Limited₹424₹3,635 cr15.9
Kaveri Seed Company Limited₹703₹3,618 cr3.2
Sanstar Limited₹116₹2,314 cr57.8
Amir Chand Jagdish Kumar (Exports) Limited₹194₹2,006 cr13.6
GRM Overseas Limited₹80₹1,660 cr39.3
Chaman Lal Setia Exports Limited₹296₹1,470 cr11.5
Same industry · latest reported numbers · not a recommendation.
Who owns it · 2026-06-30
No pledge
Promoter
69.1%
FII / Foreign
DII / Domestic
0.0%
Retail / others
30.9%
Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 8 named members
owning 69.1% between them · as of 2026-06-30
NITA MODI29.65%
ANIL MODI15.93%
AKSHAY MODI15.44%
DAS TRADELINK LLP(formerly DAS Tradelink Pvt Ltd)4.85%
ANIL MODI HUF2.00%
D D MODI HUF0.46%
NEHA AGARWAL0.44%
ADITI MODI0.32%
Business done with them
FY2026 · 4 of the group
The company paid ₹87 L to companies in the promoter group last year — about 0.1% of its ₹719 cr revenue.
Anil Modi
Paid them for services · MD
also owns 15.93% of the company
₹40.3 L
company paid
AKSHAY MODI
Paid them for services · MD
also owns 15.44% of the company
₹36 L
company paid
Nita Modi
Paid them for services · INDEPENDENT DIRECTOR
also owns 29.65% of the company
₹4.5 L
company paid
Neha Agarwal
Paid them for services · Promoter
also owns 0.44% of the company
₹3.2 L
company paid
Anil Modi
Other payments to them · MD
also owns 15.93% of the company
₹3 L
company paid

The company also transacted with 2 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.