Modern Insulators Ltd (MODINSU) — share price & stock analysis
Profits are up 39% in two years, the price has already paid for much of it, leaving little room for error.
Modern Insulators Ltd (MODINSU) trades at ₹238 as of 6 March 2026, up 129% over the past year — beating NIFTY 500 for 25 weeks. The machine reads this as steady growth, richly priced: profits are up 39% in two years, the price has already paid for much of it, leaving little room for error. It trades at a P/E of 17.5× (the 95th percentile of its own range); the price is in Stage 2 — advancing, 23 weeks in; the business cycle reads CYCLICAL / EXPANSION. Fundamentals-momentum score: 94/100 (mostly improving).
Data as of 6 March 2026 · every number traces to its Screener source column · not investment advice.
- Market cap
- ₹1,122 Cr
- P/E
- 17.5×
- ROE
- 7.3%
- vs own 10-yr valuation
- 95th pctile
- Book value / share
- ₹105
- EPS (TTM)
- ₹13.7
- 10-yr median P/E
- 11.0×
- Revenue (FY25)
- ₹503 Cr
- Profit after tax (FY25)
- ₹39 Cr
- Weinstein stage
- Stage 2 (23 weeks)
- Data as of
- 6 March 2026
Profits breathe with a cycle here — margins breathing 5 points across the window. Swings like that are normal for this business, not news.net_profit
Where the clock stands now: earnings sit at 100% of their historical range, margins are mid-band, and the market pays the expensive end of its range (95th percentile). That reads as EXPANSION — the comfortable middle — the easy money off the bottom is made; from here the story has to keep delivering.net_profit
5 of the 6 things we track are currently moving the right way — nearly everything is pulling in the same direction.
Where the levels actually stand: ROCE 9% — weak; effectively no debt; margins mid-band. Momentum says which way things are moving; these say where they are.
Read this number for what it is: it measures the DIRECTION of change, not the quality of the business. A mediocre business getting better scores high here; a great one having a soft quarter scores low. Profit, sales and margins count double.
The price has run ahead of the profits
Since Jul 2020, the stock is up 3,737% while earnings per share grew 186%. The difference is re-rating — investors paying more for the same rupee of profit.pricettm_eps
That works until it doesn’t: from here, earnings have to do the lifting, because the multiple has already done its part.
Today’s P/E of 17.5× means the market is paying up — this is the expensive end of its own history since 2020 (95th percentile).pe_ratio
Data: Price, EPS and valuation (sampled — full series in the embedded dataset)
| Period | Price (₹) | EPS (TTM) (₹) | P/E (×) |
|---|---|---|---|
| Jul 20 | 5.1 | – | – |
| Aug 20 | 8.4 | 4.7 | 1.8 |
| Oct 20 | 12.8 | 5.8 | 2.2 |
| Nov 20 | 20.0 | 5.9 | 3.4 |
| Dec 20 | 31.0 | 5.8 | 5.3 |
| Jan 21 | 49.1 | 5.8 | 8.4 |
| Feb 21 | 42.7 | 5.9 | 7.3 |
| Mar 21 | 41.3 | 5.8 | 7.1 |
| Apr 21 | 41.0 | 5.9 | 7.0 |
| Jun 21 | 42.5 | 5.8 | 7.3 |
| Jul 21 | 53.5 | 7.2 | 7.4 |
| Aug 21 | 55.5 | 8.5 | 7.7 |
| Sep 21 | 58.8 | 8.5 | 6.9 |
| Oct 21 | 58.7 | 8.5 | 6.9 |
| Nov 21 | 55.5 | 7.7 | 7.2 |
| Dec 21 | 56.2 | 7.7 | 7.3 |
| Feb 22 | 59.0 | – | 7.7 |
| Mar 22 | 45.5 | 5.8 | 7.8 |
| Apr 22 | 49.3 | 5.8 | 8.5 |
| May 22 | 42.4 | – | 7.3 |
| Jun 22 | 36.8 | – | 7.9 |
| Jul 22 | 39.3 | – | 8.4 |
| Sep 22 | 36.4 | 2.6 | 13.8 |
| Oct 22 | 39.1 | 2.6 | 14.8 |
| Nov 22 | 39.0 | 3.0 | 12.9 |
| Dec 22 | 37.3 | 3.0 | 12.4 |
| Jan 23 | 37.4 | – | 12.4 |
| Feb 23 | 40.8 | 5.2 | 7.9 |
| Mar 23 | 37.9 | 5.1 | 7.4 |
| May 23 | 40.1 | 5.1 | 7.8 |
| Jun 23 | 49.2 | 5.9 | 8.3 |
| Jul 23 | 49.1 | 5.9 | 8.3 |
| Aug 23 | 56.3 | 6.5 | 8.6 |
| Sep 23 | 56.5 | 6.6 | 8.6 |
| Oct 23 | 79.2 | 6.5 | 12.1 |
| Dec 23 | 87.7 | 6.9 | 12.8 |
| Jan 24 | 91.3 | 6.9 | 13.3 |
| Feb 24 | 98.6 | 6.9 | 14.3 |
| Mar 24 | 77.6 | 6.9 | 11.3 |
| Apr 24 | 90.8 | 6.9 | 13.2 |
| May 24 | 105 | 6.9 | 15.3 |
| Jun 24 | 126 | 7.6 | 16.5 |
| Aug 24 | 136 | 7.6 | 17.8 |
| Sep 24 | 133 | 8.3 | 16.1 |
| Oct 24 | 148 | 8.3 | 17.8 |
| Nov 24 | 131 | 8.6 | 15.2 |
| Dec 24 | 138 | 8.6 | 16.1 |
| Jan 25 | 111 | 8.6 | 12.9 |
| Feb 25 | 88.6 | 8.4 | 10.5 |
| Apr 25 | 90.9 | 8.4 | 10.8 |
| May 25 | 87.8 | – | 10.4 |
| Jun 25 | 94.1 | 6.8 | 13.8 |
| Jul 25 | 101 | 6.8 | 14.8 |
| Aug 25 | 112 | 8.6 | 13.0 |
| Sep 25 | 114 | 8.6 | 13.3 |
| Oct 25 | 151 | 8.6 | 17.6 |
| Dec 25 | 163 | 10.5 | 15.6 |
| Jan 26 | 206 | 10.5 | 19.7 |
| Feb 26 | 290 | 13.6 | 21.3 |
| Mar 26 | 238 | 13.7 | 17.4 |
Price is the weekly close (₹). EPS is trailing-twelve-month profit per share, anchored on Screener's own snapshots; between snapshots it is filled from price ÷ P/E (an exact identity), and any fill straying more than 18% from the neighbouring snapshots is dropped rather than shown. The lower panel is the P/E — what the market pays per rupee of profit; the dotted line is its long-run median (11×).
The price is in a confirmed uptrend — 23 weeks and counting
STAGE 2 · ADVANCING · 23 WEEKSStock prices move through four repeating stages: basing (1), advancing (2), topping (3) and declining (4). This one is in Stage 2: advancing, 23 weeks in, confirmed.stage
The price sits above its rising 200-day average (₹166 today) and its strength against the index is still improving — trends like this persist more often than they reverse, which is why the system rides them instead of guessing the top.dma_200
Beating NIFTY 500 for 25 weeks — relative strength is the market’s live opinion, and right now it is on this stock’s side.rs_mansfield
What would end it: two Friday closes in a row below the 200-day line. That is the house exit rule — mechanical, no debates.dma_200
Data: Weekly price, moving averages and stage (sampled — full series in the embedded dataset)
| Period | Price (₹) | 200-DMA (₹) | 50-DMA (₹) | Stage |
|---|---|---|---|---|
| Jul 20 | 3.0 | 2.7 | 2.8 | 4 |
| Aug 20 | 7.3 | 3.1 | 4.1 | 2 |
| Sep 20 | 11.9 | 4.6 | 7.8 | 2 |
| Nov 20 | 20.0 | 7.3 | 13.5 | 2 |
| Dec 20 | 34.0 | 12.1 | 23.2 | 2 |
| Jan 21 | 54.0 | 20.3 | 39.5 | 2 |
| Mar 21 | 45.5 | 27.0 | 44.1 | 2 |
| Apr 21 | 39.5 | 30.4 | 42.5 | 2 |
| Jun 21 | 42.5 | 32.7 | 40.6 | 2 |
| Jul 21 | 53.4 | 36.9 | 47.2 | 2 |
| Aug 21 | 50.6 | 40.7 | 50.7 | 2 |
| Oct 21 | 67.0 | 45.5 | 57.7 | 2 |
| Nov 21 | 54.0 | 48.8 | 58.8 | 2 |
| Dec 21 | 56.2 | 50.5 | 56.4 | 2 |
| Feb 22 | 53.2 | 52.7 | 58.0 | 2 |
| Mar 22 | 44.1 | 51.1 | 49.8 | 4 |
| May 22 | 46.9 | 50.4 | 48.7 | 4 |
| Jun 22 | 39.6 | 48.6 | 45.0 | 4 |
| Jul 22 | 39.3 | 45.5 | 39.3 | 4 |
| Sep 22 | 42.4 | 43.6 | 38.3 | 4 |
| Oct 22 | 39.1 | 42.8 | 39.4 | 4 |
| Dec 22 | 40.8 | 41.7 | 38.7 | 4 |
| Jan 23 | 37.3 | 40.7 | 38.0 | 4 |
| Feb 23 | 40.8 | 40.6 | 39.8 | 4 |
| Apr 23 | 38.2 | 40.2 | 38.9 | 4 |
| May 23 | 44.5 | 40.2 | 40.1 | 4 |
| Jun 23 | 50.0 | 42.3 | 46.1 | 2 |
| Aug 23 | 61.9 | 45.5 | 52.9 | 2 |
| Sep 23 | 56.5 | 48.6 | 56.5 | 2 |
| Nov 23 | 82.2 | 55.9 | 71.9 | 2 |
| Dec 23 | 92.9 | 63.9 | 83.6 | 2 |
| Jan 24 | 101 | 71.4 | 91.5 | 2 |
| Mar 24 | 86.1 | 77.7 | 93.3 | 2 |
| Apr 24 | 90.8 | 79.2 | 88.3 | 2 |
| May 24 | 112 | 87.0 | 103 | 2 |
| Jul 24 | 151 | 96.2 | 120 | 2 |
| Aug 24 | 127 | 106 | 129 | 2 |
| Oct 24 | 138 | 112 | 132 | 2 |
| Nov 24 | 131 | 118 | 134 | 2 |
| Dec 24 | 130 | 122 | 135 | 2 |
| Feb 25 | 119 | 121 | 122 | 2 |
| Mar 25 | 95.5 | 115 | 103 | 4 |
| May 25 | 89.4 | 109 | 95.5 | 4 |
| Jun 25 | 94.1 | 107 | 99.7 | 4 |
| Jul 25 | 94.0 | 105 | 98.8 | 4 |
| Sep 25 | 107 | 104 | 102 | 4 |
| Oct 25 | 130 | 107 | 112 | 2 |
| Nov 25 | 169 | 120 | 147 | 2 |
| Jan 26 | 206 | 136 | 177 | 2 |
| Feb 26 | 261 | 159 | 216 | 2 |
| Mar 26 | 238 | 166 | 222 | 2 |
Profits have grown in 6 of the last 8 years — this is a compounding machine
Over 8 years, sales went from ₹459 Cr to ₹503 Cr (about 1% a year), and profit from ₹14.0 Cr to ₹39.0 Cr.revenuenet_profit
Margins took a round trip — down to 5.2% in FY22, back to 7.4% now. The profit growth survived the squeeze.operating_profit
Data: Revenue by year
| Period | Revenue (₹ Cr) |
|---|---|
| FY14 | 459 |
| FY15 | 418 |
| FY16 | 461 |
| FY20 | 440 |
| FY21 | 398 |
| FY22 | 442 |
| FY23 | 431 |
| FY24 | 443 |
| FY25 | 503 |
Data: Profit by year
| Period | Profit after tax (₹ Cr) |
|---|---|
| FY14 | 14 |
| FY15 | 17 |
| FY16 | 29 |
| FY20 | 22 |
| FY21 | 34 |
| FY22 | 22 |
| FY23 | 28 |
| FY24 | 36 |
| FY25 | 39 |
Data: OPM % by year
| Period | OPM % (%) |
|---|---|
| FY14 | 8.9 |
| FY15 | 8.9 |
| FY16 | 9.1 |
| FY20 | 8.2 |
| FY21 | 10.1 |
| FY22 | 5.2 |
| FY23 | 5.8 |
| FY24 | 7.9 |
| FY25 | 7.4 |
Sales exploded 59% last quarter — growth every single quarter for over 2 years
Dec 25 sales were ₹199 Cr, up 59% on the same quarter last year.revenue
That makes 8 quarters of growth in a row — this is a trend, not a blip.revenue
Data: Quarterly sales
| Period | Revenue (₹ Cr) | YoY growth (%) |
|---|---|---|
| Mar 23 | 123 | – |
| Jun 23 | 90.0 | – |
| Sep 23 | 106 | – |
| Dec 23 | 107 | – |
| Mar 24 | 140 | 13.8 |
| Jun 24 | 104 | 15.6 |
| Sep 24 | 115 | 8.5 |
| Dec 24 | 125 | 16.8 |
| Mar 25 | 160 | 14.3 |
| Jun 25 | 141 | 35.6 |
| Sep 25 | 176 | 53.0 |
| Dec 25 | 199 | 59.2 |
Margins are widening — 8% → 16% in a year
Of every ₹100 of sales, the company keeps ₹15.8 as operating profit (a year ago it kept ₹8.0).opm_pct
Zoom out and this is the page's quiet hero: annual operating margin bottomed at 5.2% in FY22 and has been rebuilt to 7.4% — that recovery, not sales alone, is what powers the profit growth elsewhere on this page.operating_profit
The gross margin barely moved (73% → 72%), so the change came from running costs — the business is getting more efficient as it scales.gpm_pctopm_pct
Data: Three margins, quarterly
| Period | Gross (%) | Operating (%) | Net (%) |
|---|---|---|---|
| Mar 23 | 62.5 | 9.7 | 10.1 |
| Jun 23 | 73.2 | 4.8 | 4.3 |
| Sep 23 | 66.2 | 5.1 | 5.8 |
| Dec 23 | 70.4 | 9.9 | 9.4 |
| Mar 24 | 64.1 | 10.6 | 11.4 |
| Jun 24 | 71.2 | 5.0 | 6.6 |
| Sep 24 | 72.4 | 4.3 | 6.6 |
| Dec 24 | 72.6 | 8.0 | 7.4 |
| Mar 25 | 72.3 | 11.4 | 5.2 |
| Jun 25 | 71.4 | 9.1 | 10.8 |
| Sep 25 | 70.8 | 10.6 | 9.4 |
| Dec 25 | 72.1 | 15.8 | 12.1 |
Profit exploded 167% — mostly from keeping more of each sale
Dec 25 profit after tax was ₹24.0 Cr, up 167% year on year.net_profit
Data: Quarterly profit after tax
| Period | PAT (₹ Cr) | YoY growth (%) |
|---|---|---|
| Mar 23 | 12.0 | – |
| Jun 23 | 4.0 | – |
| Sep 23 | 6.0 | – |
| Dec 23 | 10.0 | – |
| Mar 24 | 16.0 | 33.3 |
| Jun 24 | 8.0 | 100.0 |
| Sep 24 | 13.0 | 116.7 |
| Dec 24 | 9.0 | -10.0 |
| Mar 25 | 9.0 | -43.8 |
| Jun 25 | 15.0 | 87.5 |
| Sep 25 | 17.0 | 30.8 |
| Dec 25 | 24.0 | 166.7 |
The single biggest driver was keeping more of each sale.
Data: Where the profit change came from (Dec 24 → Dec 25)
| Component | Effect (₹ Cr) |
|---|---|
| PAT Dec 24 | 9 |
| More sales | +6 |
| Fatter margins | +16 |
| Other income | −1 |
| Tax | −5 |
| Everything else | −1 |
| PAT Dec 25 | 24 |
The profits are real — they turn into cash
Over the last 5 profitable years, the business reported ₹159 Cr of profit and collected ₹142 Cr of operating cash — about 89% conversion.operating_cash_flownet_profit
When cash tracks profit this closely, the earnings need no asterisk.
Data: Cash collected vs profit reported (annual)
| Period | Operating cash flow (₹ Cr) | Profit after tax (₹ Cr) |
|---|---|---|
| FY14 | 44.0 | 14.0 |
| FY15 | -2.0 | 17.0 |
| FY16 | 9.0 | 29.0 |
| FY20 | 27.0 | 22.0 |
| FY21 | 53.0 | 34.0 |
| FY22 | 14.0 | 22.0 |
| FY23 | 23.0 | 28.0 |
| FY24 | 12.0 | 36.0 |
| FY25 | 40.0 | 39.0 |
The cash cycle is stretching — more money stuck in the pipeline
One rupee now takes about 314 days to go out the door as materials and come back as collected cash — up from 279 days the year before.cash_conversion_cycle
The biggest mover: inventory sitting longer in the warehouse (271 → 325 days).inventory_days
Data: Days of cash locked up (annual)
| Period | Customers owe (debtor days) (days) | Stock on shelf (inventory days) (days) | We owe suppliers (payable days) (days) |
|---|---|---|---|
| FY14 | 52.0 | 125 | 55.0 |
| FY15 | 56.0 | 214 | 66.0 |
| FY16 | 61.0 | 156 | 54.0 |
| FY20 | 70.0 | 415 | 147 |
| FY21 | 86.0 | 345 | 126 |
| FY22 | 83.0 | 332 | 108 |
| FY23 | 89.0 | 306 | 83.0 |
| FY24 | 93.0 | 271 | 85.0 |
| FY25 | 88.0 | 325 | 99.0 |
Steady, unhurried investment
The productive asset base has gone from ₹132 Cr (FY14) to ₹172 Cr, with another ₹1.0 Cr of capacity under construction right now.fixed_assetscwip
The build is self-funded: the last 3 years' investing outflow (₹61.0 Cr) fits inside the operating cash the business generated (₹75.0 Cr).investing_cash_flowoperating_cash_flow
Data: Assets in place vs under construction (annual)
| Period | Fixed assets (₹ Cr) | Under construction (CWIP) (₹ Cr) |
|---|---|---|
| FY14 | 132 | 2.0 |
| FY15 | 138 | 2.0 |
| FY16 | 135 | 2.0 |
| FY20 | 192 | 0.0 |
| FY21 | 182 | 0.0 |
| FY22 | 175 | 0.0 |
| FY23 | 168 | 4.0 |
| FY24 | 163 | 2.0 |
| FY25 | 172 | 1.0 |
Almost no debt — this company cannot be killed by a bad year
For every ₹100 shareholders have put in (and left in), the company has borrowed ₹5 — total borrowings have shrunk from ₹49.0 Cr to ₹25.0 Cr over the window.borrowings
Data: Total borrowings (annual)
| Period | Borrowings (₹ Cr) |
|---|---|
| FY14 | 49.0 |
| FY15 | 61.0 |
| FY16 | 59.0 |
| FY20 | 101 |
| FY21 | 24.0 |
| FY22 | 26.0 |
| FY23 | 8.0 |
| FY24 | 19.0 |
| FY25 | 25.0 |
Data: Debt vs shareholders’ money (annual)
| Period | Debt ÷ equity (x) |
|---|---|
| FY14 | 0.2 |
| FY15 | 0.3 |
| FY16 | 0.2 |
| FY20 | 0.3 |
| FY21 | 0.1 |
| FY22 | 0.1 |
| FY23 | 0.0 |
| FY24 | 0.0 |
| FY25 | 0.1 |
Every ₹100 kept in the business earns just ₹9
Return on capital employed is 9.0% (a year ago: 9.0%). This is the single best test of business quality: what the company earns on the money it keeps.roce_pct
Data: Returns on capital (annual)
| Period | ROCE (%) |
|---|---|
| FY15 | 12.0 |
| FY16 | 13.0 |
| FY21 | 10.0 |
| FY22 | 6.0 |
| FY23 | 7.0 |
| FY24 | 9.0 |
| FY25 | 9.0 |
The owners aren’t moving
Promoters hold 60.2%, essentially unchanged. Foreign funds own 0.3%, domestic funds 1.3%.promoters_pctfiis_pctdiis_pct
Data: Who holds the shares, quarterly
| Period | Promoters (%) | Foreign funds (%) | Domestic funds (%) |
|---|---|---|---|
| Mar 23 | 60.2 | 0.3 | 2.7 |
| Jun 23 | 60.2 | 0.3 | 2.5 |
| Sep 23 | 60.2 | 0.3 | 2.2 |
| Dec 23 | 60.2 | 0.3 | 2.2 |
| Mar 24 | 60.2 | 0.3 | 1.9 |
| Jun 24 | 60.2 | 0.3 | 1.4 |
| Sep 24 | 60.2 | 0.3 | 1.3 |
| Dec 24 | 60.2 | 0.3 | 1.3 |
| Mar 25 | 60.2 | 0.3 | 1.3 |
| Jun 25 | 60.2 | 0.3 | 1.3 |
| Sep 25 | 60.2 | 0.3 | 1.3 |
| Dec 25 | 60.2 | 0.3 | 1.3 |
- Promoters are not selling. Their stake has moved 0.1 points or less in 8 quarters — it sits at 60.2%.promoters_pct
- Foreign funds have neither piled in nor fled — their stake has held near 0.3% for 8 quarters. No smart-money signal, in either direction.fiis_pct
Worth studying deeper — with eyes open
The numbers lean positive, and the price already assumes the good news continues.
Best thing in the data: cash generation rising (₹12.0 Cr → ₹40.0 Cr).operating_cash_flow
Biggest worry: debt moving the wrong way (0.04× → 0.05×).borrowings
One dissent worth hearing: our valuation cycle lens reads negative — “PE at at peak — high risk of contraction. PE at 96th percentile of 10Y range. PE is +70% vs 10Y median. PE change driven by: HEALTHY. EV/EBITDA above median (12”. When a lens disagrees with the committee, it is usually pointing at the thing that breaks first.
Machine-written research from Screener data — every number traces to its source column. Sector Alpha is not a SEBI-registered investment adviser; nothing here is a recommendation to buy or sell. Not investment advice.
Straight answers from the data
What does Modern Insulators Ltd do?
Modern Insulators is an arm of the Modern group of Industries and was set up in 1985 in collaboration with Siemens, Germany. It is listed in the Capital Goods - Electric General sector with a market capitalisation of ₹1,122 Cr.
What is Modern Insulators Ltd's share price?
As of 6 March 2026, Modern Insulators Ltd trades at ₹238, up 129% over the past year, with a market capitalisation of ₹1,122 Cr. Beating NIFTY 500 for 25 weeks. Prices are weekly closes from Screener data; this page refreshes with each weekly update.
What is Modern Insulators Ltd's share price target?
Sector Alpha does not publish broker-style price targets. Our discounted-cash-flow model estimates Modern Insulators Ltd's intrinsic value at ₹282 per share under base assumptions (bear ₹103, bull ₹282), against the current price of ₹238 — a 18% margin of safety. The current price already implies roughly 12% annual earnings growth. These are model estimates, not forecasts — treat them as one input alongside the valuation history below, not as a target.
Is Modern Insulators Ltd stock overvalued or undervalued?
Modern Insulators Ltd trades at a P/E of 17.5× — the 95th percentile of its own 5.6-year trading range (median 11.0×), which is near the top of its own historical range. The price has run ahead of the profits. Since Jul 2020, the stock is up 3,737% while earnings per share grew 186%. The difference is re-rating — investors paying more for the same rupee of profit.
What did Modern Insulators Ltd report in its latest quarterly results?
In its most recent reported quarter (Q3 FY26, quarter ended December 2025): Dec 25 sales were ₹199 Cr, up 59% on the same quarter last year. Dec 25 profit after tax was ₹24.0 Cr, up 167% year on year. Figures are from Screener-scraped quarterly filings; the page updates when the next quarter is filed.
Is Modern Insulators Ltd growing?
Sales exploded 59% last quarter — growth every single quarter for over 2 years. Dec 25 sales were ₹199 Cr, up 59% on the same quarter last year.
Are Modern Insulators Ltd's profits growing?
Profit exploded 167% — mostly from keeping more of each sale. Dec 25 profit after tax was ₹24.0 Cr, up 167% year on year.
What are Modern Insulators Ltd's operating margins?
Margins are widening — 8% → 16% in a year. In the most recent quarter, of every ₹100 of sales, the company keeps ₹15.8 as operating profit (a year ago it kept ₹8.0).
What is Modern Insulators Ltd's long-term growth record?
Revenue grew from ₹459 Cr in FY14 to ₹503 Cr in FY25 — a 1.2% compound annual growth rate over 8 years. Profit after tax compounded at 13.7% over the same period (₹14 Cr → ₹39 Cr).
Is Modern Insulators Ltd stock in an uptrend?
The price is in a confirmed uptrend — 23 weeks and counting. Modern Insulators Ltd is in Stage 2 — advancing, 23 weeks in (confirmed). Stages follow Stan Weinstein's four-phase read of weekly price against the 200-day average: basing (1), advancing (2), topping (3), declining (4).
Why is Modern Insulators Ltd stock rising?
The price is up 129% over the past year, in a confirmed Stage 2 uptrend (23 weeks), and has beaten NIFTY 500 for 25 weeks. Since 2020, the price is up 3,737% while earnings per share moved 186%.
Is Modern Insulators Ltd beating the NIFTY 500?
Yes — beating NIFTY 500 for 25 weeks, as of 6 March 2026. Relative strength is measured weekly against the NIFTY 500 (Mansfield RS): a positive reading means the stock has outperformed the index over the trailing window, week after week.
Where is Modern Insulators Ltd in its business cycle?
The data reads Modern Insulators Ltd as a cyclical business currently in its expansion phase — earnings at an all-time high for this company, valuation at the 95th percentile. Profits breathe with a cycle here — margins breathing 5 points across the window. Swings like that are normal for this business, not news.
Who owns Modern Insulators Ltd — what is the promoter holding?
Promoters hold 60.2%, essentially unchanged. Foreign funds own 0.3%, domestic funds 1.3%. Shareholding is from Screener's quarterly filings data.
Does Modern Insulators Ltd have too much debt?
Almost no debt — this company cannot be killed by a bad year. For every ₹100 shareholders have put in (and left in), the company has borrowed ₹5 — total borrowings have shrunk from ₹49.0 Cr to ₹25.0 Cr over the window.
What is the bull case for Modern Insulators Ltd?
Profits are up 39% in two years, the price has already paid for much of it, leaving little room for error. Best thing in the data: cash generation rising (₹12.0 Cr → ₹40.0 Cr). Sales exploded 59% last quarter — growth every single quarter for over 2 years.
What is the bear case for Modern Insulators Ltd — what could break the story?
Biggest worry: debt moving the wrong way (0.04× → 0.05×). Two quarters of margins reversing would kill this story. The nearest-term thing to watch: if quarterly growth slips below 30%, the story weakens. This falsification condition is stated up front so the thesis can be checked against incoming quarters, not defended after the fact.
Is Modern Insulators Ltd a stock worth studying right now?
Sector Alpha does not publish buy or sell recommendations — this is a research read, not advice. What the data says: worth studying deeper — with eyes open. The numbers lean positive, and the price already assumes the good news continues. Across the 7-model scorecard the composite research signal is study deeper at 65% confidence. This is machine-written research compiled from Screener data — every number traces to its source — and it is not investment advice. Do your own diligence.