BSE: 503772
MODELLA WOOLLENS LTD.
Operates with no active business and earns only small amounts of other income, mainly professional fees and commission. Modella Woollens Ltd, listed on BSE (scrip code 503772), reported total income of Rs 6.88 lakhs in FY26 and Rs 6.67 lakhs in FY25, while expenses pushed the net loss to Rs 19.95 lakhs in FY26. Quarterly revenue is erratic — Q2 FY26 income collapsed to Rs 0.18 lakh from Rs 4.76 lakh in Q2 FY25, before recovering to Rs 2.62 lakhs in Q3 FY26. The board has said it is exploring new business avenues. Despite a classification under Trading & Distributors, the filings show no trading or distribution activity. The balance sheet shows negative shareholders' equity of Rs 53.28 lakhs against share capital of Rs 91 lakhs, and statutory auditor Kochar & Associates has consistently issued unmodified opinions. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Other income (100%). Dormant BSE-listed entity with no active business operations
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 |
| EBITDA (ex other income) | (0) | (0) | (0) | (0) | (0) |
| margin % | — | — | — | — | — |
| Owners' profit | 0 | 2 | (0) | (0) | (0) |
| EPS, as reported (₹) | 5.11 | 17.17 | (1.41) | (1.89) | (2.18) |
| ROE % · ROCE % | (29.2) · (1870.2) | (4778.3) · (4306.4) | 79.6 · 80.1 | 51.7 · 54.8 | 37.4 · 37.7 |
| Debt / equity (x) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from operations | 3 | 2 | 0 | (0) | (0) |
| Capex | 0 | 0 | 0 | (0) | 0 |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | (0) | (0) | (0) | (0) | (0) | (0) | (0) | (0) |
| Net profit | (0) | (0) | (0) | (0) | (0) | (0) | (0) | (0) |
| EPS (₹) | (0.58) | (0.10) | (0.68) | (0.54) | (0.33) | 0.94 | (0.44) | (0.47) |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| REDINGTON LIMITED | 27,525 | 16.2 | 2.64 | 12.8 | 12.3 | 15.7 | 15.9 | 2.2 |
| MMTC LIMITED | 7,740 | 17.3 | 3.65 | 16.5 | 18.3 | 21.6 | (83.7) | 18426.5 |
| MSTC LIMITED | 3,896 | 16.6 | 4.31 | 11.3 | 24.2 | 31.8 | (13.9) | 86.5 |
| CREATIVE NEWTECH LIMITED | 1,653 | 25.4 | 4.27 | 19.0 | 18.1 | 21.0 | — | 5.2 |
| Pervasive Commodities Limited | 1,104 | — | 12.27 | — | (0.0) | (0.0) | — | 45.0 |
| SHIV AUM STEELS LIMITED | 736 | 64.8 | 6.09 | 47.0 | 6.0 | 6.9 | — | 4.9 |
| The Yamuna Syndicate Ltd | 736 | 8.1 | 0.57 | 185.3 | 4.0 | 0.3 | 4.8 | 6.2 |
| THE STATE TRADING CORPN | 602 | 0.9 | — | 51.0 | — | — | — | — |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| Profit growth | 1.6 | 0.6 | 78 of 157 | 51% |
| Market cap | 5 | 21 | 158 of 179 | 12% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 27 Oct 2026 · Revenue rises sharply from a low base, but Modella remains loss-making | results | high | — | — |
| 16 Oct 2026 · Board meeting on Oct 27, 2026 to consider Q2 results | results | low | — | — |
| 7 Oct 2026 · Reg 74(5) Compliance Certificate for Q2 FY27 - Modella Woollens | compliance | minimal | — | — |
| 1 Oct 2026 · Modella Woollens 64th AGM: both resolutions passed with near-unanimous support | board shareholder meetings | low | — | — |
| 30 Sept 2026 · Modella Woollens 64th AGM held; voting results to follow | board shareholder meetings | low | — | — |
| 21 Sept 2026 · Trading window closure ahead of Q2 FY26 results | compliance | minimal | — | — |
| 9 Sept 2026 · Modella Woollens 64th AGM notice and Annual Report FY26 attached | results | high | — | — |
| 4 Aug 2026 · Modella Woollens Q1 FY27 loss widens to Rs 3.98 lakh, revenue dips | results | high | — | — |
| 21 Jul 2026 · Modella Woollens Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 04/08/2026 ,inter alia, to consider and approve the unaudited financial results .... | results | low | — | — |
| 9 Jul 2026 · RTA compliance certificate for share dematerialisation, Q1 FY27 | compliance | minimal | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.