Modern Insulators FY26 profit doubles to ₹8292.64 lacs

2 min read     Updated on 31 May 2026, 06:06 PM
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AI Summary

Modern Insulators reported a standalone net profit of ₹8292.64 lacs for FY26, nearly doubling from the previous year, with revenue from operations reaching ₹71913.61 lacs. The company's Q4 performance showed significant growth in EBITDA and net profit, with margins expanding to 15.65%. However, the statutory auditor issued a qualified opinion regarding the non-provision of taxation due to a pending amalgamation scheme, and the board did not recommend a dividend for the fiscal year.

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Modern Insulators Limited reported a standalone net profit of ₹8292.64 lacs for the financial year ended March 31, 2026, nearly doubling from ₹3921.73 lacs in the previous year. Revenue from operations for the year stood at ₹71913.61 lacs, compared to ₹50325.16 lacs in FY25. Despite the strong profit growth, the board decided not to recommend any dividend for FY26. The board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, at its meeting held on May 29, 2026.

Financial Performance

The company delivered robust growth across both quarterly and annual metrics. For the quarter ended March 31, 2026, standalone net profit rose to 246M rupees from 91M rupees in the same period last year, while revenue climbed to 2.02B rupees from 1.6B rupees year-on-year. EBITDA for Q4 surged to 316M rupees compared to 178M rupees in the corresponding quarter of the previous year, with the EBITDA margin expanding significantly to 15.65% from 11.15%. Total revenue for FY26 was ₹74130.78 lacs. The company operates primarily through two segments: Insulators and Terry Towels.

The following table summarises the key annual financial metrics:

Metric: FY26 (₹ in Lacs) FY25 (₹ in Lacs)
Revenue from Operations: 71913.61 50325.16
Total Revenue: 74130.78 51557.29
Net Profit: 8292.64 3921.73
Basic EPS: 17.59 8.32

The Q4 performance highlights are presented below:

Metric: Q4 FY26 Q4 FY25
Revenue: 2.02B rupees 1.6B rupees
Net Profit: 246M rupees 91M rupees
EBITDA: 316M rupees 178M rupees
EBITDA Margin: 15.65% 11.15%

Audit Qualifications

R B Verma & Associates, Chartered Accountants, issued a qualified opinion on the standalone and consolidated financial results. The qualification arises because the company has not made a provision for taxation, including interest, amounting to ₹244.69 lacs for the quarter and ₹936.19 lacs for the year ended March 31, 2026. This decision is based on a proposed amalgamation scheme with Modern Denim Limited, which is currently pending regulatory approvals including a No Objection Certificate (NOC) from the stock exchange.

Board Decisions

The board re-appointed M/s Rajesh & Company, Cost Accountants, as the Cost Auditor for the financial year 2026-27. The trading window for designated persons and their immediate relatives, which has been closed since April 1, 2026, will remain shut until 48 hours after the publication of the financial results.

Historical Stock Returns for Modern Insulators

1 Day5 Days1 Month6 Months1 Year5 Years
-5.00%-5.61%+17.30%+140.30%+291.76%+919.64%

What is the expected timeline for regulatory approval of the proposed amalgamation scheme with Modern Denim Limited?

How will the company address the tax provision liability if the proposed amalgamation scheme fails to secure necessary approvals?

Will the board reconsider its dividend policy once the amalgamation uncertainty is resolved?

Modern Insulators Limited Files SEBI Compliance Certificate for Q4 FY26

1 min read     Updated on 06 Apr 2026, 04:45 PM
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Modern Insulators Limited submitted its compliance certificate under SEBI Regulation 74(5) for Q4 FY26 ended March 31, 2026. The certificate, issued by registrar Beetal Financial & Computer Services on April 3, 2026, confirms proper handling of dematerialization processes and adherence to all regulatory requirements including timely processing of securities and maintenance of proper records.

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Modern insulators Limited has filed its quarterly compliance certificate with BSE Limited, confirming adherence to SEBI regulations for the quarter ended March 31, 2026. The submission, dated April 6, 2026, demonstrates the company's commitment to regulatory compliance and transparency in its operations.

Regulatory Compliance Certificate

The compliance certificate was issued under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. Beetal Financial & Computer Services Private Limited, serving as the company's Registrar and Transfer Agent, issued the certificate on April 3, 2026.

Parameter: Details
Regulation: SEBI Regulation 74(5)
Quarter Period: March 31, 2026
Certificate Date: April 3, 2026
Filing Date: April 6, 2026
Registrar: Beetal Financial & Computer Services Private Limited

Certificate Confirmation Details

The certificate confirms several key compliance aspects for the quarter ended March 2026. Beetal Financial & Computer Services confirmed that all securities received from Depository Participants for dematerialization during the quarter were properly processed and confirmed to the depositories.

The registrar also verified that:

  • Securities received for dematerialization were accepted or rejected as appropriate
  • All securities have been listed on stock exchanges where previously issued securities are listed
  • Security certificates received for dematerialization were mutilated and cancelled after proper verification
  • Depository names were substituted in the register of members as registered owners within the mandated 15-day period

Corporate Authorization

The filing was authorized by Animesh Banerjee, Executive Director of Modern Insulators Limited, bearing DIN 07905214. The document was digitally signed on April 6, 2026, ensuring authenticity and compliance with electronic filing requirements.

Company Operations

Modern Insulators Limited operates from its registered office and works located at Talheti, Village Karoli, Tehsil Abu Road, District Sirohi, Rajasthan. The company maintains ISO 9001, 14001, and 45001 certifications, reflecting its commitment to quality, environmental management, and occupational health and safety standards.

This quarterly compliance filing represents part of the company's ongoing regulatory obligations and demonstrates its adherence to SEBI's depositories and participants regulations framework.

Historical Stock Returns for Modern Insulators

1 Day5 Days1 Month6 Months1 Year5 Years
-5.00%-5.61%+17.30%+140.30%+291.76%+919.64%

Will Modern Insulators Limited's consistent regulatory compliance improve its ESG ratings and attract more institutional investors?

How might the company's ISO certifications and compliance track record position it for potential expansion into international markets?

Could Modern Insulators Limited be considering a stock split or bonus issue given the emphasis on dematerialization processes?

More News on Modern Insulators

1 Year Returns:+291.76%