Modern Insulators
227.95
+10.85(+5.00%)
Market Cap₹1,074.65 Cr
PE Ratio20.56
Company Performance:
1D+5.00%
1M+6.07%
6M+149.48%
1Y+90.96%
5Y+356.81%
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More news about Modern Insulators
16Oct 25
Modern Insulators Withdraws Application to Reclassify Kakunda Investment
Modern Insulators Limited (MIL) has withdrawn its application to reclassify Kakunda Investment Private Limited from the Promoter Group to the Public Group. The withdrawal, communicated to BSE Limited on October 16, 2025, reverses the decision approved by MIL's Board on August 14, 2025. The company has requested BSE to remove both the initial intimation and the filed application from their records. No specific reasons for the withdrawal were provided.
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13Oct 25
Modern Insulators Sets Record Date for Scheme of Arrangement with Modern Polytex
Modern Insulators Limited (MIL) has announced October 31, 2025, as the record date for its scheme of arrangement with Modern Polytex Limited (MPL). Eligible MIL shareholders will receive one fully paid equity share of MPL for every two shares held in MIL, both with a face value of Rs. 10.00 each. The Board of Directors made this decision in consultation with MPL, and the company has informed BSE Ltd. in compliance with SEBI regulations.
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06Sept 25
Modern Insulators Partners with Sikka Engineering for Railway Electrification Ventures
Modern Insulators Limited has entered into a joint venture agreement with Sikka Engineering Company to participate in Railway EPC tenders for electrification work. The partnership, approved on July 9, 2020, is structured as an Association of Person (AOP) without Modern Insulators holding any shareholding in Sikka Engineering. This strategic move aims to expand Modern Insulators' presence in the railway infrastructure sector, combining their manufacturing capabilities with Sikka's engineering expertise.
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14Aug 25
Modern Insulators Reports Strong Q1 Results with 36% Revenue Growth
Modern Insulators Limited (MIL) announced robust Q1 financial results with a 36% increase in standalone revenue to Rs 14,137.27 lacs and more than doubled profit to Rs 1,613.55 lacs. The Insulators segment generated Rs 12,745.29 lacs in revenue, while the Terry Towels segment contributed Rs 1,391.98 lacs. The Board approved the notice for the 40th AGM, appointed Anshika & Associates as Secretarial Auditors, and approved shareholding reclassification. The auditor noted an unprovided taxation of Rs 261.93 lacs due to a proposed amalgamation. MIL provided interest-free unsecured loans of Rs 7,124 lacs for the amalgamation and Rs 1,130.50 lacs to its wholly-owned subsidiary.
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28May 25
Modern Insulators Posts Mixed Q4 Results: Revenue Up, Profit Down
Modern Insulators Ltd reported a 14.29% increase in Q4 revenue to ₹1600.00 million and an 18.67% rise in EBITDA to ₹178.00 million. EBITDA margin improved to 11.15%. However, net profit declined by 43.83% to ₹91.00 million compared to the same quarter last year. The company showed growth in sales and operational efficiency but faced profitability challenges.
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20Feb 25
Modern Insulators Commits ₹10 Crore Investment in Sohum India Opportunities Fund
Modern Insulators Limited has approved a ₹10 crore investment in Sohum India Opportunities Fund, a Category III Alternate Investment Fund. The investment, to be made in tranches, follows a Growth at Reasonable Price (GARP) strategy with 70% allocation to large-cap stocks and 10-30% to mid/small-cap stocks. This move signifies Modern Insulators' effort to diversify its portfolio beyond its core electrical insulator business.
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Modern Insulators
227.95
+10.85
(+5.00%)
1 Year Returns:+90.96%
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