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About Modern Threads (I) Ltd
Stock PE (TTM)
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Incorporated in Aug.`80, Modern Threads (I) Ltd commenced operations in Jan.`82 at its plant located in Raila, Bhilwara district, Rajasthan. It was jointly promoted by the Rajasthan State Industrial Development & Investment Corporation (RIICO) and H S Ranka for manufacturing industrial yarn and sewing thread. The company has since diversified into the manufacture of synthetic blended grey, dyed and fancy yarn. The Company is one of the biggest manufacturers and exporters of wool and blended worsted yarn from India. Modern Woollens Division is having plant at Bhilwara, Rajasthan, as manufacturers and exporters of wool and blended worsted yarn from India. Modern Threads Division is also having its plant at Raila, District Bhilwara, Rajasthan. In Sep.`94, the Woollen divisions of Modern Woollens and Suneel Textile Mills were merged with the company. In Feb.`95, it came out with a rights-cum-public issue to set up a unit under the EPCG scheme (inst. cap. : 25334 spindles) to manufacture synthetic blended grey, dyed and fancy yarn and increase the existing facilities from 23,888 spindles to 25,808 spindles. Company`s threads division was awarded the ISO 9002 certification by the BIS (Bureau of Indian Standards) for the manufacture and supply of polyester viscose and blended yarn. Company has been awarded higher export performance award for WOOL TOPS and second highest export Performance award in WORSTED YARN from Wool and Woolen Export Promotion Council. The company new project to manufacture Paraxylene (PX) and Purified Terephthalic Acid (PTA), at Bharuch, Gujarat, in technical collaboration with UOP Inter Americana U.S.A. for PX and INCA International, a Subsidiary of DOW Chemicals, U.S.A. for PTA could not be implemented as per schedule and now the company has decided to shelve the project for the time being. During 1999-2000, the accumulated losses of the company have resulted in erosion of more than 50% of its peak net worth and hence making it potentially sick company and proposes to report the fact of such erosion to the BIFR. The reference is now under consideration. The Company doubled the production capacity of all wool and wool blended worsted yarn in 2006. In 2014, about 1000 spindles were added with balanced preparatory machines to enhance yearly production capacity of worsted yarn from 1700 tons to 2100 tons. The Company started manufacturing & exporting RWS (Responsible Wool Standard) & GRS (Global Recycled Standard) products & supplying sustainable yarn in global market in 2021.
Modern Threads (I) share price as on 05 Dec 2025 is Rs. 45. Over the past 6 months, the Modern Threads (I) share price has decreased by 0.38% and in the last one year, it has decreased by 17.69%. The 52-week low for Modern Threads (I) share price was Rs. 31.35 and 52-week high was Rs. 62.
500282
MODTHREAD
INE794W01014
Sep
Modern Threads (I) Ltd FAQs
You can buy Modern Threads (I) Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Modern Threads (I) Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Dec 05, 2025 12:03 PM the closing price of Modern Threads (I) Ltd was Rs.45.00.
The latest PE ratio of Modern Threads (I) Ltd as of Dec 05, 2025 12:03 PM is 28.33
The latest PB ratio of Modern Threads (I) Ltd as of Dec 05, 2025 12:03 PM is 1.15
The 52-week high of Modern Threads (I) Ltd share price is Rs. 62.00 while the 52-week low is Rs. 31.35
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Dec 05, 2025 12:03 PM, the market cap of Modern Threads (I) Ltd stood at Rs. 156.49 Cr.
Market Outlook
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