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Modi Industries Limited (India)

Main Activities: Sugar Manufacturing
Full name: Modi Industries Limited Profile Updated: March 25, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Modi Industries Limited (MIL) is a Public Limited Company located in P.O. Modi Nagar, Uttar Pradesh, India. It was incorporated in the year 1932. Under the leadership of Rai Bahadur Seth Gujar Mal Modi, MIL initially started as a Sugar Mill called Modi Sugar Mills Limited in 1933. Later, the name was changed to Modi Industries Limited. Over the years, MIL expanded its operations and established various units including Modi Torch and Lantern, Modi Soap, Modi Paint & Varnish, Modi Vanaspati, Modi Gas, Modi Arc Electrodes Unit, Modi Steel, and Modi Distillery. However, due to heavy losses, the units Modi Torch and Lantern, Modi Soap, Modi Paint & Varnish, Modi Vanaspati, and Modi Gas have been permanently closed. In 2020, Shri Umesh Kumar Modi was appointed as the Chairman and Managing Director of the company. Since then, there has been an improvement in the company's performance. The closed Modi Arc Electrode Co. has been restarted with significant capital investment, and the Distillery Unit is undergoing expansion. The financial performance of the company has been improving year by year under the complete management of Shri Umesh Kumar Modi.

Legal Address
G.T. Road
Ghaziabad; Uttar Pradesh; Postal Code: 201201

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Website: http://modiindustries.net

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
November 18, 1932
Key Executives
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Promoter Director
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Promoter Director
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Independent Director
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Independent Director
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Nominee Director
Ownership Details
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20.83%
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1.48%
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0.77%
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0.5%
Subsidiaries
Own Investment India Limited
100%
Your Investments (India) Ltd.
100%
Company Performance
Financial values in the chart are available after Modi Industries Limited report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Net sales revenue
18.91%
Total operating revenue
18.1%
Operating profit (EBIT)
5.63%
EBITDA
11.68%
Net Profit (Loss) for the Period
140.78%
Total assets
31.13%
Total equity
4.55%
Operating Profit Margin (ROS)
-0.3%
Net Profit Margin
0.59%
Return on Equity (ROE)
-2.88%
Debt to Equity Ratio
-27.31%
Quick Ratio
0.14%
Cash Ratio
0.01%

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