What the business is, and whether it's a good one at a fair price.
Operates as a small stockbroking firm, earning brokerage and commission by executing trades on BSE and NSE where it is a member. FY26 total income came in at Rs 3.5865 crore, with brokerage and commission as the main revenue line. The business has no materials cost but is heavily people-driven — employee expenses are the single largest cost at 46.2% of revenue, with other operating expenses at 39.2% and depreciation at 1.2%. Results have been uneven across quarters: PAT of Rs 19.84 lakh for FY26, but a Q3 FY26 net loss of Rs 4.78 lakh and Q4 FY26 loss of Rs 6.20 lakh. The company has no outstanding debt securities, is not classified as a large corporate under SEBI rules, and is led by Whole Time Director Anil S Manghnani, with promoter holdings of 21,34,784 equity shares as of March 31, 2026.
Measured from the filed financials, judged against its Other Financial Services peers · as of FY26 — not investment advice
How has the market priced it — with filings on the timeline?
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
How does it stack up on valuation, returns and growth?
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Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.
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Who owns it — and is the promoter stake clean?
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Answered from MODERN SHARES & STOCKBROKERS L's filed financials and exchange disclosures
MODERN SHARES & STOCKBROKERS L is a Finance company listed on BSE.
Yes. Over the trailing twelve months MODERN SHARES & STOCKBROKERS L reported a net profit of ₹0 Cr on revenue of ₹4 Cr.
Not in the latest reported year — MODERN SHARES & STOCKBROKERS L's dividend payout for FY26 was nil.
Effectively yes. It holds ₹0 Cr more cash than debt. Debt stands at 0.00× equity.
On trailing P/E, MODERN SHARES & STOCKBROKERS L ranks 90 of 95 in Other Financial Services — cheaper than 5% of them, against an industry median of 17.9×. This is a position, not a valuation judgement.
On a typical session MODERN SHARES & STOCKBROKERS L moves 2.35% — that is the median absolute close-to-close move across its last 268 trading days. Announcement days are routinely larger.
Every NSE and BSE filing by MODERN SHARES & STOCKBROKERS L appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.
Figures are as last reported and may lag the latest filing. Not investment advice.
