Modern Insulators Profile
Key Indicators
- Authorised Capital ₹ 95.00 Cr
- Paid Up Capital ₹ 47.14 Cr
- Company Age 42 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 85.49 Cr
- Satisfied Charges ₹ 406.94 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 nine 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 2023. 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 ₹85.49 Cr. The company has closed loans amounting to ₹406.94 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Modern Insulators Limited India is Dinesh Singhvi as CFO. Rahul Singhvi, Shreyans Ranka, Meenu Sacheti, and Three 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
28 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Jaipur
Industry
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.
Who are the key members and board of directors at Modern Insulators?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Dinesh Singhvi  | CFO | 01-Jul-2015 | Current |
| Sachin Ranka | Managing Director | 30-Nov-1992 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rahul Singhvi | Director | 01-Aug-2020 | Current |
| Shreyans Ranka | Whole-Time Director | 01-Apr-2018 | Current |
| Meenu Sacheti | Director | 31-Mar-2015 | Current |
| Sureshkumar Sharma | Director | 01-Apr-2019 | Current |
| Vikas Sharma | Whole-Time Director | 01-Jun-2023 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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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.
Related Corporates (Common Directorship)
Modern Denim LimitedRahul Singhvi, Meenu Sacheti and 1 more are mutual person
Modern Composites Private LimitedShreyans Ranka is a mutual person
- Sacheti Metals Private Limited
Meenu Sacheti is a mutual person
Charges (Loans)
₹85.49 Cr
₹406.94 Cr
Charges Breakdown by Lending Institutions
- Others : 85.49 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Apr 2022 | Others | ₹0.50 M | Open |
| 23 Jul 2021 | Others | ₹0.50 M | Open |
| 19 Jul 2021 | Others | ₹0.50 M | Open |
| 19 Jul 2021 | Others | ₹0.50 M | Open |
| 03 Jun 2021 | Others | ₹0.98 M | Open |
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.
Deals i
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
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
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.
