Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Modern Threads
Quarter-by-quarter operating performance
| Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 82.62 | 71.50 | 73.26 | 77.72 | 74.94 | 74.57 | 58.05 | 62.25 | 72.33 | 67.41 | 69.86 | 77.67 | 74.90 |
| Expenses + | 74.92 | 61.91 | 64.75 | 70.38 | 66.86 | 68.94 | 56.35 | 63.62 | 72.84 | 66.56 | 69.79 | 74.99 | 68.39 |
| Operating Profit | 7.70 | 9.59 | 8.51 | 7.34 | 8.08 | 5.63 | 1.70 | -1.37 | -0.51 | 0.85 | 0.07 | 2.68 | 6.51 |
| OPM % | 9.32% | 13.41% | 11.62% | 9.44% | 10.78% | 7.55% | 2.93% | -2.20% | -0.71% | 1.26% | 0.10% | 3.45% | 8.69% |
| Other Income + | 1.33 | 2.17 | 0.59 | 0.61 | 0.88 | 1.50 | 0.88 | 2.86 | 2.07 | 4.04 | 1.75 | 2.37 | 3.82 |
| Interest | 1.00 | 0.71 | 0.71 | 0.80 | 0.79 | 0.76 | 0.69 | 0.05 | 0.24 | 0.27 | 0.45 | 0.53 | 1.05 |
| Depreciation | 0.89 | 0.91 | 0.95 | 1.01 | 1.07 | 1.11 | 1.08 | 1.20 | 1.14 | 1.09 | 1.09 | 1.06 | 1.37 |
| Profit before tax | 7.14 | 10.14 | 7.44 | 6.14 | 7.10 | 5.26 | 0.81 | 0.24 | 0.18 | 3.53 | 0.28 | 3.46 | 7.91 |
| Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 9.51% | 76.54% | -29.17% | 177.78% | 14.45% | 100.00% | 23.99% | 24.02% |
| Net Profit + | 7.13 | 10.14 | 7.43 | 6.14 | 7.10 | 4.76 | 0.18 | 0.32 | -0.15 | 3.02 | 0.01 | 2.62 | 6.00 |
| EPS in Rs |
Financials of Modern Threads
Annual income statement trend
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 97 | 142 | 150 | 148 | 165 | 228 | 200 | 147 | 223 | 301 | 300 | 260 | 290 |
| Expenses + | 90 | 133 | 141 | 137 | 158 | 216 | 198 | 144 | 212 | 272 | 270 | 259 | 280 |
| Operating Profit | 7 | 9 | 9 | 11 | 7 | 12 | 3 | 3 | 11 | 29 | 30 | 1 | 10 |
| OPM % | 7% | 6% | 6% | 8% | 4% | 5% | 1% | 2% | 5% | 10% | 10% | 0% | 3% |
| Other Income + | 1 | 1 | 7 | 1 | 4 | 5 | 26 | 3 | 3 | 193 | 4 | 10 | 12 |
| Interest | 0 | 1 | 1 | 2 | 1 | 3 | 1 | 2 | 3 | 4 | 3 | 2 | 2 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 5 |
| Profit before tax | 6 | 7 | 14 | 9 | 7 | 11 | 25 | 2 | 8 | 214 | 26 | 5 | 15 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 2% | 29% | |
| Net Profit + | 6 | 7 | 14 | 9 | 7 | 11 | 25 | 2 | 8 | 214 | 25 | 3 | 12 |
| EPS in Rs | |||||||||||||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Financials of Modern Threads
Capital structure and asset base
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 |
| Reserves | -207 | -200 | -186 | -200 | -192 | -181 | -156 | -154 | -146 | 69 | 94 | 98 | 101 |
| Borrowings + | 220 | 215 | 213 | 198 | 199 | 197 | 194 | 193 | 192 | 2 | 2 | 23 | 25 |
| Other Liabilities + | 33 | 33 | 28 | 65 | 76 | 78 | 54 | 49 | 57 | 71 | 70 | 70 | 75 |
| Total Liabilities | 81 | 83 | 89 | 98 | 117 | 128 | 126 | 122 | 138 | 177 | 202 | 226 | 235 |
| Fixed Assets + | 32 | 33 | 32 | 35 | 42 | 41 | 40 | 39 | 41 | 44 | 49 | 49 | 48 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 1 | 2 | 5 | 12 |
| Investments | 3 | 0 | 0 | 0 | 3 | 0 | 0 | 0 | 0 | 2 | 15 | 28 | 29 |
| Other Assets + | 46 | 51 | 58 | 63 | 72 | 87 | 86 | 83 | 98 | 130 | 136 | 143 | 146 |
| Total Assets | 81 | 83 | 89 | 98 | 117 | 128 | 126 | 122 | 138 | 177 | 202 | 226 | 235 |
Financials of Modern Threads
Operating, investing and financing cash movement
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 0 | 8 | 7 | 12 | 0 | 11 | 3 | 9 | -5 | 16 | 24 | -8 |
| Cash from Investing Activity + | 1 | 1 | -0 | -5 | -9 | -2 | -2 | -2 | -4 | -9 | -22 | -18 |
| Cash from Financing Activity + | -2 | -6 | -3 | -0 | -3 | 0 | -1 | -2 | -3 | -4 | -3 | 20 |
| Net Cash Flow | -0 | 4 | 4 | 6 | -12 | 9 | 0 | 6 | -12 | 2 | -1 | -6 |
| Free Cash Flow | -0 | 6 | 6 | 7 | -8 | 8 | 1 | 8 | -10 | 8 | 15 | -15 |
| CFO/OP | 6% | 96% | 75% | 106% | 5% | 94% | 111% | 291% | -49% | 54% | 82% | -575% |
Financials of Modern Threads
Working capital efficiency and return ratios
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 57 | 31 | 45 | 47 | 49 | 29 | 42 | 40 | 38 | 48 | 57 | 66 |
| Inventory Days | 141 | 104 | 90 | 90 | 129 | 116 | 117 | 158 | 163 | 148 | 149 | 186 |
| Days Payable | 98 | 60 | 33 | 37 | 71 | 57 | 61 | 73 | 73 | 80 | 80 | 86 |
| Cash Conversion Cycle | 100 | 76 | 102 | 100 | 108 | 89 | 98 | 125 | 129 | 117 | 126 | 166 |
| Working Capital Days | -32 | -17 | 17 | -64 | -40 | -22 | 23 | 26 | 49 | 56 | 63 | 60 |
| ROCE % | 13% | 18% | 17% | 22% | 24% | 28% | 38% | 4% | 12% | 31% | 24% | 3% |
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