Modern Threads Peer Comparison

NSE: MODTHREAD | BSE: 500282

₹45.92

₹-0.45 (-0.97%)

As on 23-Sep-2026IST

Market cap

₹167 Cr

Revenue (TTM)

₹320 Cr

P/E Ratio

8.9

P/B Ratio

1.1

Div. Yield

0 %

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	Modern Threads	Nitin Spinners	Sangam (India)	Ganesha Ecosphere	AYM Syntex
Market cap (₹ Cr)	167	3,472	2,872	2,777	1,722
Revenue (₹ Cr)	320	3,296	3,305	1,568	1,390
Net Profit (₹ Cr)	18.76	211.83	121.50	56.60	18.77
Net Margin (%)	5.64	6.42	3.67	3.57	1.34
RoE (%)	13.31	14.92	12.05	4.45	3.23
Price to Earnings	8.90	16.39	23.64	49.16	91.77
Price-To-Book	1.10	2.25	2.57	2.13	2.88

Income Statement (₹ Cr)

	Modern Threads	Nitin Spinners	Sangam (India)	Ganesha Ecosphere	AYM Syntex
Operating Revenue	320.14	3,295.58	3,305.11	1,568.21	1,389.67
Total Income	332.84	3,301.26	3,307.36	1,585.87	1,399.32
Total Expenditure	297.18	2,798.50	2,936.64	1,403.03	1,282.07
EBITDA	22.96	497.08	368.47	165.17	107.60
Depreciation	4.94	148.89	85.14	66.65	59.86
EBIT	18.02	348.19	283.33	98.52	47.74
Interest	4.65	69.25	113.48	39.36	32.63
Other Income	12.70	5.67	2.25	17.66	9.65
Exceptional Items	0.00	0.00	-6.64	0.00	0.00
Profit before Tax	26.07	284.61	165.46	76.83	24.76
Provision for Tax	7.31	72.78	43.96	20.23	5.97
Profit after Tax	18.76	211.83	121.50	56.60	18.79

	Modern Threads	Nitin Spinners	Sangam (India)	Ganesha Ecosphere	AYM Syntex
Shareholder's Funds	146.32	1,470.73	1,076.27	1,275.67	588.57
Minority Interest	0.00	0.00	0.00	0.00	0.00
Non-Current Liabilities	3.64	693.63	802.67	414.15	67.49
Current Liabilities	105.44	750.25	1,435.88	313.56	415.68
Total Liabilities	226.82	2,732.32	2,959.80	1,934.20	--

	Modern Threads	Nitin Spinners	Sangam (India)	Ganesha Ecosphere	AYM Syntex
Non-Current Assets	58.28	1,608.88	1,615.40	1,134.53	573.78
Current Assets	179.68	1,146.46	1,596.04	821.08	476.33
Total Assets	226.82	2,732.32	2,959.80	1,934.20	--
Total Debt*	21.03	1,164.71	1,134.69	556.15	--
Net Current Assets	74.24	396.21	160.16	507.52	60.65
Contingent Liabilities	2.17	123.08	93.50	18.77	--

	Modern Threads	Nitin Spinners	Sangam (India)	Ganesha Ecosphere	AYM Syntex
Cash From Operating Activities	-7.53	307.43	431.65	41.24	--
Cash Flow from Investing Activities	-18.30	-21.58	-371.98	-125.28	--
Cash from Financing Activities	19.80	-278.83	-35.99	156.71	--
Net Cash Inflow / Outflow	-6.04	7.01	23.68	72.67	--

	Modern Threads	Nitin Spinners	Sangam (India)	Ganesha Ecosphere	AYM Syntex
ROCE (%)	4.47	13.19	6.63	10.99	--
ROE (%)	13.31	14.92	12.05	4.45	3.23
ROA (%)	7.80	7.50	3.88	2.87	1.79
EBIT Margin (%)	5.63	10.57	8.57	6.28	3.44
Net Margin (%)	5.64	6.42	3.67	3.57	1.34
Cash Profit Margin (%)	0.00	0.00	0.00	0.00	0.00

	Modern Threads	Nitin Spinners	Sangam (India)	Ganesha Ecosphere	AYM Syntex
Revenue Growth (%)	17.76	-0.01	11.90	6.96	-5.35
EBIT Growth (%)	428.51	10.18	151.67	-30.70	14.84
Net Profit Growth (%)	487.07	21.54	518.32	-38.08	222.85
EPS Growth (%)	487.07	21.54	389.52	-41.39	191.46
Book Value Growth (%)	2.77	14.38	2.28	9.81	--

	Modern Threads	Nitin Spinners	Sangam (India)	Ganesha Ecosphere	AYM Syntex
Price / Earnings	8.90	16.39	22.73	49.16	91.48
Price / Book Value	1.10	2.25	2.57	2.13	2.88
Dividend Yield (%)	0.00	0.49	0.35	0.34	0.00
EV/EBITDA	6.87	9.23	10.73	19.03	17.53
Market Cap (₹ Cr)	128.23	1,796.95	2,193.28	3,947.58	--

	Modern Threads	Nitin Spinners	Sangam (India)	Ganesha Ecosphere	AYM Syntex
Debt to Equity	0.00	0.37	0.67	0.27	0.10
Short term debt to equity ratio	0.16	0.27	0.35	0.14	--
Current Ratio	1.70	1.53	1.11	2.62	1.15
Quick Ratio	0.76	0.72	0.70	1.67	0.57
Interest Coverage	6.60	5.11	2.46	2.95	1.76

	Modern Threads	Nitin Spinners	Sangam (India)	Ganesha Ecosphere	AYM Syntex
Debtors to sales (%)	14.69	13.10	19.28	12.61	9.64
Asset Turnover	1.33	1.17	1.05	0.80	1.32
Receivable days	65.65	41.46	61.70	38.52	--
Inventory Days	102.48	64.67	79.55	81.72	--
Payable days	88.01	14.44	18.67	31.04	--
Cash Conversion Cycle	80.13	91.69	122.58	89.20	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.