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Modi Naturals Limited MODINATUR NSE

Consumer Defensive · Packaged Foods · India
https://modinaturals.com

Modi Naturals Limited, together with its subsidiary, Modi Biotech Private Limited, manufactures and markets oils and deoiled cakes in India. It operates through Branded Business and Bulk Business segments. The company provides healthy olive oil and rice bran oil blend under the Oleev Olive oil and Oleev Active oil brands; multisource oil under Oleev Health Oil and Oleev Smart Oil brand name; and other edible oils under the Rizolo Rice bran oil, Miller Canola Oil, and Olivana Wellness Oil brands. It also offers rice bran wax; ready-to-cook pasta, macaroni, spaghetti, and peanut butter under the Oleev Kitchen brand; ready-to-cook popcorn and peanuts under the PIPO brand; instant masala/seasonings, such as magic and pasta masala, peri peri, oregano, Italian herbs, and tandoori under the Taste Bomb brand; and ready-to-mix beverages under the Jynx brand. In addition, the company manufactures and sells organic, inorganic, and synthetic chemicals derived from fermented high starch juice and various types of ethanol and products, including gases, effluent gases, power, steam, and bio fertilizers; and produces biofuels, such as ethanol for petroleum marketing companies. The company was formerly known as Anil Modi Oil Industries Limited and changed its name to Modi Naturals Limited in October 2009. Modi Naturals Limited was incorporated in 1974 and is based in New Delhi, India.

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₹462.65
+21.89% 1Y

Market & Price

Market Cap
₹615.62 Cr
Current Price
₹462.65
High / Low (52W)
₹484.75 / ₹272.25
Beta
0.01

Valuation

Stock P/E
15.87
Industry PE
23.47
Forward P/E
-
PEG Ratio
-
Book Value
₹131.25
Price to Book
3.53
P/S
0.86
EV/EBITDA
10.34
Dividend Yield
-

Profitability & Returns

ROCE
24.20%
ROE
34.24%
ROA
11.12%
Profit Margin
6.99%
Op Margin
9.24%
EPS (Latest Qtr)
₹7.56
EPS (TTM)
₹29.15

Balance Sheet & Liquidity

Debt/Equity
0.94
Quick Ratio
0.53
Current Ratio
1.66
Debt
₹161.21 Cr
Total Assets
₹329.78 Cr
Current Assets
₹158.93 Cr
Working Capital
₹28.98 Cr

Ownership

Promoter Holding
77.30%
Chg in Prom Hold
-
FII / Inst Holding
0.00%
Chg in FII Hold
-

Financial Snapshot

Enterprise Value
₹759.73 Cr
Total Revenue (TTM)
₹719.18 Cr
EBITDA
₹73.49 Cr
Free Cash Flow
₹-30.43 Cr
Operating Cash Flow
₹61.06 Cr
Shares Outstanding
₹1.33 Cr
Gross Margin
23.95%
Payout Ratio
0.00%

Growth (CAGR)

Revenue 5Y
10.42%
Profit 5Y
49.07%
Revenue (YoY)
28.10%
Earnings (YoY)
147.90%

PROS

  • Strong return on equity of 34.2%.
  • Healthy ROCE of 24.2%.
  • Compounding revenue at 10.4% over 5 years.
  • Profit CAGR of 49.1% over 5 years.

CONS

No notable concerns flagged.

* The pros and cons are auto-generated from financial metrics.

Price Chart

NSE TradingView Screener.in

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Consumer Defensive).

#NameCMP ₹P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 MODINATUR Modi Naturals Limited NSE 462.65 15.87 ₹615.62 Cr - 24.20% 34.24% 10.42% 49.07%
2 HINDUNILVR Hindustan Unilever Limited NIFTY50NSE 2,153.50 47.62 ₹5.06 L Cr 2.04% 22.15% 21.60% 2.31% 14.12%
3 ITC ITC Limited NIFTY50NSE 286.90 17.39 ₹3.59 L Cr 5.58% 36.47% 29.34% 3.65% 2.54%
4 NESTLEIND Nestlé India Limited NIFTY50NSE 1,421.50 78.10 ₹2.74 L Cr 0.84% 59.30% 76.34% 17.01% 23.05%
5 DMART Avenue Supermarts Limited NSE 4,054.50 88.49 ₹2.64 L Cr - 16.41% 12.94% 17.21% 7.69%
6 VBL Varun Beverages Limited NSE 528.00 56.17 ₹1.79 L Cr 0.38% 19.44% - 17.26% 26.57%
7 TATACONSUM Tata Consumer Products Limited NIFTY50NSE 1,178.40 75.78 ₹1.17 L Cr 0.85% 8.29% 6.94% 13.87% 8.61%
8 MARICO Marico Limited NIFTY_MIDNSE 821.70 60.60 ₹1.06 L Cr 0.49% 39.00% 41.39% 12.00% 10.61%
9 GODREJCP Godrej Consumer Products Limited NSE 1,029.30 56.49 ₹1.05 L Cr 1.94% 21.44% 15.10% 4.59% 3.02%
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Quarterly Results

Figures in INR.

Metric Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Revenue -179.02 Cr164.84 Cr155.03 Cr146.99 Cr174.09 Cr
Cost of Revenue -141.34 Cr147.03 Cr116.18 Cr106.66 Cr134.13 Cr
Gross Profit -37.68 Cr17.81 Cr38.85 Cr40.33 Cr39.96 Cr
Operating Expenses -26.39 Cr3.37 Cr23.19 Cr27.00 Cr25.93 Cr
Operating Income -11.28 Cr14.44 Cr15.66 Cr13.33 Cr14.03 Cr
EBITDA -14.06 Cr13.75 Cr17.69 Cr16.05 Cr16.08 Cr
Interest Expense -3.14 Cr79.98 L2.26 Cr2.16 Cr1.92 Cr
Pretax Income -8.92 Cr11.13 Cr13.44 Cr11.88 Cr12.14 Cr
Tax Provision -1.10 Cr2.97 Cr2.95 Cr1.80 Cr2.10 Cr
Net Income -7.82 Cr8.16 Cr10.49 Cr10.07 Cr10.04 Cr
Diluted EPS 5.705.88-7.877.587.56

Profit & Loss (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025
Revenue 473.98 Cr417.73 Cr395.40 Cr638.07 Cr
Cost of Revenue 376.16 Cr331.77 Cr302.14 Cr512.82 Cr
Gross Profit 97.82 Cr85.96 Cr93.26 Cr125.25 Cr
Operating Expenses 82.50 Cr80.00 Cr87.49 Cr76.91 Cr
Operating Income 15.31 Cr5.96 Cr5.77 Cr48.34 Cr
EBITDA 15.82 Cr6.69 Cr9.07 Cr56.18 Cr
Interest Expense 1.44 Cr3.27 Cr6.58 Cr10.67 Cr
Pretax Income 12.95 Cr1.86 Cr-1.73 Cr37.69 Cr
Tax Provision 3.59 Cr79.01 L-35.13 L6.67 Cr
Net Income 9.37 Cr1.07 Cr-1.38 Cr31.03 Cr
Diluted EPS 7.400.84-1.0923.32

Compounded Sales Growth

5 Years:10.42%
1 Year:28.10%

Compounded Profit Growth

5 Years:49.07%
1 Year:147.90%

Stock Price Performance

1 Year:+21.89%
6 Months:-
3 Months:+45.01%
1 Month:+24.38%

Balance Sheet (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025
Total Assets 165.24 Cr262.73 Cr306.19 Cr329.78 Cr
Current Assets 132.08 Cr135.08 Cr155.82 Cr158.93 Cr
Cash & Equivalents 4.44 Cr2.27 Cr34.98 L27.77 L
Inventory 93.90 Cr84.51 Cr96.06 Cr83.72 Cr
Receivables 19.00 Cr19.42 Cr27.34 Cr47.71 Cr
Total Liabilities 88.03 Cr180.98 Cr215.57 Cr208.23 Cr
Current Liabilities 82.86 Cr82.86 Cr125.64 Cr129.95 Cr
Long Term Debt 38.57 L87.78 Cr85.70 Cr70.78 Cr
Total Debt 50.96 Cr142.50 Cr169.53 Cr148.78 Cr
Total Equity 77.20 Cr81.74 Cr90.62 Cr121.55 Cr
Shares Outstanding 1.27 Cr1.27 Cr1.33 Cr1.33 Cr

Cash Flows (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025
Operating Cash Flow -13.00 Cr-5.73 Cr-6.81 Cr48.79 Cr
Investing Cash Flow -13.38 Cr-91.35 Cr-32.23 Cr-28.11 Cr
Financing Cash Flow 30.41 Cr94.91 Cr37.12 Cr-20.75 Cr
Capital Expenditure -14.51 Cr-94.24 Cr-34.68 Cr-28.15 Cr
Free Cash Flow -27.52 Cr-99.97 Cr-41.49 Cr20.64 Cr
Net Change in Cash 4.02 Cr-2.17 Cr-1.92 Cr-7.21 L

Ratios (Annual)

Figures in %.

Metric Mar 2022Mar 2023Mar 2024Mar 2025
Gross Margin % 20.6%20.6%23.6%19.6%
Operating Margin % 3.2%1.4%1.5%7.6%
Net Margin % 2.0%0.3%-0.3%4.9%
ROE % 12.1%1.3%-1.5%25.5%
ROCE % 18.6%3.3%3.2%24.2%

Shareholding Pattern

Insiders
77.30%
Institutions
0.00%
Public Float
0.00%

Analyst View

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