Modern Engineering And Projects Ltd.

MEAPL

₹31.05

4.97% (1.47)

Market Cap

₹46 Cr.

P/E

0.00

Modern Engineering And Projects Ltd.
Overview
Financials
Benchmarking
Shareholding

About

Modern Converters Ltd. is a tea manufacturing company. It is engaged in manufacturing tea, coffee, rubber, chincona. It is also in the business of lending, borrowing or raising, the lending or advanci… Read more

Modern Converters Ltd. is a tea manufacturing company. It is engaged in manufacturing tea, cof… Read more

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52W Range

High

Timeline

Key company specific updates

Company Timeline

Custom financial statementNew

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In Rs. Cr.	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024

In Rs. Cr.	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Balance sheet
Net Block	—	—	—	—	—	—	4.05	14.04	17.88	12.45
Shareholders Funds	3.59	3.67	3.47	3.32	3.17	3.07	0.07	-4.37	-0.74	50.25
Profit & Loss
Operating Profit	-0.53	-0.08	-0.38	-0.15	-0.15	-0.06	-1.82	-2.75	9.87	—
Net Sales	0.06	0.03	2.17	—	0.06	0.07	1.34	67.80	93.22	—
Cash flow
Cash from Operating Activity	-0.84	0.26	2.77	-0.06	-0.03	0.20	-2.91	15.13	5.28	2.44
Net Capex (est)	—	—	—	—	—	—	2.01	12.18	6.67	1.83
Ratios
ROCE (%)	-4.94	2.69	-5.76	-4.47	-4.76	-1.63	-31.87	-75.13	81.36	—
ROE (%)	-5.50	2.16	-5.76	-4.47	-4.76	-1.63	-4,151	60.56	-495	—

Forensics

9 Yes

Positive for this company

2 Neutral

Neutral for this company

4 No

Negative for this company

2 No Data

Insufficient data to analyse

Accounting & Shareholding

Depreciation Effect

Depreciation accounting is not leading to increase in profits
Other Income

Other income is not affecting ratios of the company
Pledge

Promoters have not pledged a significant portion of their holding
Revenue Recognition

Company is converting accounting profit to cash
Promoter Holding

Promoter has not sold any shares in the last 90 days
Retail Holding

Retail has been buying the stock which is usually a sign of exuberance
Contingent Liabilities

Unable to calculate due to limited data

Price & Performance

ROE

Asset turnover is responsible for roe increase over last 10 years
Working Capital

Working capital of the company seems to be under control
Current vs Historic Valuation

Company is trading at a discount to 3yr historic valuations
Debt

Company should not have issues servicing its debt
Sales Growth

Sales of the company has grown at a good pace
Balance Sheet Strength

Balance sheet of the company is moderately strong
Share price

Share price has increased over last 10 years but more due to rerating
Margin Stability

Margins of the company are volatile
ROCE Strength

Roce of the company is not consistently strong
Capex vs ROCE

Unable to calculate due to limited data

Revenue mix

Product Wise Break-Up

Peer Comparison

Peer Name	Latest Price	PE	Market cap(Cr)	Prom Holding(%)	YoY Qtly Sales(%)	ROCE (%)	ROE (%)
Modern Engineering	31.05	0.00	46	33.29	14.19	81.36	-494.67
RKD Agri & Retail	7.89	0.00	45	72.12	-8.89	2.31	1.21
Sumedha Fiscal Serv	61	6.8	50	48.32	-49.24	15.83	13.33
Zodiac Ventures	10.78	99.93	40	64.62	—	22.45	35.35
PH Capital	164.35	6.38	50	72.7	-48.48	55.7	43.35
Walchand People	144.75	21.76	39	57.56	27.17	16.42	13.25
Shri Niwas Leasing	11.1	0.00	49	1.94	61.43	-8.07	-64.12
Ajcon Global Service	76.01	90.56	49	65.84	-8.23	9.67	5.46

Corporate Actions

Consolidated Rights

DATE

DETAILS

2024, Aug 26

Rights 4 rights eligible for every 1 shares held.

FAQs on Modern Engineering And Projects Ltd. Business

What does Modern Engineering do?

Modern Converters Ltd. is a tea manufacturing company based in Kolkata, West Bengal. Established in 1946, it also engages in various financial activities such as lending, borrowing, and dealing with securities.

Who are the competitors of Modern Engineering?

Modern Engineering major competitors are RKD Agri & Retail, Sumedha Fiscal Serv, Zodiac Ventures, PH Capital, Walchand People, Shri Niwas Leasing, Ajcon Global Service.
Market Cap of Modern Engineering is ₹46 Crs.
While the median market cap of its peers are ₹49 Crs.

Is Modern Engineering financially stable compared to its competitors?

Modern Engineering seems to be less financially stable compared to its competitors.
Altman Z score of Modern Engineering is 2.56 and is ranked 7 out of its 8 competitors.

View FAQ's On Shareprice

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Raw Material

Modern Engineering And Projects Ltd.

Modern Engineering And Projects Ltd.

About

Timeline

Company Timeline

9 Yes

2 Neutral

4 No

2 No Data

Accounting & Shareholding

Depreciation Effect

Other Income

Pledge

Revenue Recognition

Promoter Holding

Retail Holding

Contingent Liabilities

Price & Performance

ROE

Working Capital

Current vs Historic Valuation

Debt

Sales Growth

Balance Sheet Strength

Share price

Margin Stability

ROCE Strength

Capex vs ROCE

Product Wise Break-Up

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What does Modern Engineering do?

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