Modern Insulators Limited

Manufacturer of high voltage porcelain insulators in technical collaboration with Siemens AG.

1982 | Sirohi, Rajasthan (India) | Active
Last Updated:

Modern Insulators Profile

Key Indicators

  • Authorised Capital ₹ 95.00 Cr
  • Paid Up Capital ₹ 47.14 Cr
  • Company Age 42 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 158.39 Cr
  • Satisfied Charges ₹ 407.04 Cr
  • Revenue Growth -0.44%
  • Profit Growth 29.20%
  • Ebitda 5.01%
  • Net Worth 7.86%
  • Total Assets -0.41%

About Modern Insulators

Modern Insulators Limited (MIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 May 1982 and has a history of 42 years and 11 months. Its registered office is in Sirohi, Rajasthan, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 515008.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 95.00 Cr and a paid-up capital of Rs 47.14 Cr.

The company currently has active open charges totaling ₹158.39 Cr. The company has closed loans amounting to ₹407.04 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Modern Insulators Limited India are Harshita Hetawal as COMPANY SECRETARY and Dinesh Singhvi as Cfo. Sachin Ranka, Sureshkumar Sharma, Meenu Sacheti, and Four other members serve as directors at the Company.

Company Details

  • Location

    Sirohi, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L31300RJ1982PLC002460

  • Company No.

    002460

  • Stock Symbol

    BSE : 515008

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 May 1982

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Jaipur

Industry

Manufacturing
Energy and Power

What products or services does Modern Insulators Limited offer?

Modern Insulators Limited offers a wide range of products and services, including Electrical Insulators, Cables & Wiring Components, Power Insulator.

Company report

Modern Insulators Limited

Explore comprehensive data for Modern Insulators Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Modern Insulators?

Executive Team (3)

NameDesignationAppointment DateStatus
Sachin Ranka Country flag representing In Managing Director30-Nov-1992Current
Harshita Hetawal Country flag representing In Company Secretary28-Sep-2024Current
Dinesh Singhvi Country flag representing In CFO01-Jul-2015Current

Board Members (6)

NameDesignationAppointment DateStatus
Sureshkumar Sharma Country flag representing In Director 12-Aug-2023Current
Meenu Sacheti Country flag representing In Director 31-Mar-2015Current
Pradeep Gokhroo Country flag representing In Whole-Time Director 01-Aug-2024Current
Rahul Singhvi Country flag representing In Director 01-Aug-2020Current
Ganpathy Kalpathy Country flag representing In Director 01-Aug-2024Current
Shreyans Ranka Country flag representing In Whole-Time Director 01-Apr-2018Current

Financial Performance of Modern Insulators.

Modern Insulators Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.44% decrease. The company also saw a substantial improvement in profitability, with a 29.2% increase in profit. The company's net worth moved up by a moderate rise of 7.86%.

Modern Insulators revenue growth over time
Modern Insulators profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-0.44%
Revenue from Operations
-1.21%
Total Assets
-0.41%
Profit or Loss
29.20%
Net Worth
7.86%
EBITDA
5.01%

What is the Ownership and Shareholding Structure of Modern Insulators?

In 2022, Modern Insulators had a promoter holding of 60.20% and a public holding of 39.78%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹158.39 Cr

Satisfied Charges

₹407.04 Cr

Charges Breakdown by Lending Institutions

  • Others : 158.39 Cr

Latest Charge Details

DateLenderAmountStatus
12 Dec 2024Others₹20.00 CrOpen
18 Jul 2024Others₹12.35 CrOpen
10 Jul 2024Others₹15.65 CrOpen
30 Apr 2022Others₹0.50 MOpen
23 Jul 2021Others₹0.50 MOpen

How Many Employees Work at Modern Insulators?

Modern Insulators has a workforce of 1576 employees as of Apr 02, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Modern Insulators Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Modern Insulators, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Modern Insulators's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Modern Insulators

Recent activity within the organization

  • Charges

    A charge registered on 11 Dec 2019 via Charge ID 100310062 with Others was fully satisfied on 07 Feb 2025.

  • Charges

    A charge with Others amounted to Rs. 20.00 Cr with Charge ID 101027459 was registered on 12 Dec 2024.

  • Charges

    A charge with Others of Rs. 110.04 Cr registered on 21 Feb 1997 with Charge ID 80036567 was modified on 12 Dec 2024.

  • Charges

    A charge registered on 19 Jul 2021 via Charge ID 100461840 with Others was fully satisfied on 30 Nov 2024.

  • Annual General Meeting

    Modern Insulators Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Director Appointment

    Harshita Hetawal was appointed as a Company Secretary was appointed as a Company Secretary on 28 Sep 2024 & has been associated with this company since 6 months 17 days .

Frequently asked questions

  • What is the Incorporation or founding date of Modern Insulators Limited?

    Modern Insulators Limited was incorporated on 01 May 1982.

  • What is authorized share capital and paid-up capital of Modern Insulators Limited?

    The authorized share capital of Modern Insulators Limited is ₹ 95.00 Cr and paid-up capital is ₹ 47.14 Cr.

  • Who are the current board members & directors of Modern Insulators Limited?

    Currently 9 directors are associated with Modern Insulators Limited.

    • Sachin Ranka
    • Sureshkumar Mohanlal Sharma
    • Meenu Alok Sacheti
    • Pradeep Kumar Gokhroo
    • Rahul Singhvi
    • Ganpathy Vishwanathan Kalpathy
    • Harshita Hetawal
    • Dinesh Singh Singhvi
    • Shreyans Sachin Ranka

  • What is the registered address of Modern Insulators Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Modern Insulators Limited is Modern Insulators Limited Talheti Village Karoli, Tehsil India, Abu Road, Rajasthan, 307510.

  • What is the corporate identification number (CIN) and company number of Modern Insulators Limited?

    The corporate identification number (CIN) of Modern Insulators Limited is L31300RJ1982PLC002460 and the company number is 002460 as per Ministry of Corporate Affairs (MCA).

  • Is Modern Insulators Limited registered with any stock exchange in India?

    Yes, Modern Insulators Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Modern Insulators Limited?

    The Official website of Modern Insulators Limited is https://www.moderninsulators.com

  • What has been the recent revenue trend for Modern Insulators Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Modern Insulators Limited has fallen by -0.44%.

  • How many employees does Modern Insulators Limited currently have?

    As Per 2023 financial reports, 1576 employees are currently employed by Modern Insulators Limited.

  • What change has been observed in the net worth of Modern Insulators Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Modern Insulators Limited has experienced an upsurge of 7.86%.

  • What are the total open charges for Modern Insulators Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Modern Insulators Limited amount to ₹ 158.39 Cr.

  • When was the last Balance Sheet of Modern Insulators Limited filed with the ROC?

    The most recent Balance Sheet for Modern Insulators Limited was filed with the ROC on 31 Mar 2024.

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