Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated: April 2, 2026, 4:53 am
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 509760 | NSE: MODRNSH

Modern Shares & Stockbrokers Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹24.08Overvalued by 12.12%vs CMP ₹27.40

P/E (38.2) × ROE (1.7%) × BV (₹44.40) × DY (2.00%)

₹17.32Overvalued by 36.79%vs CMP ₹27.40
MoS: -58.2% (Negative)Confidence: 58/100 (Moderate)Models: 1 Under, 1 Fair, 7 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹22.7423%Over (-17%)
Graham NumberEarnings₹26.8216%Fair (-2.1%)
Earnings PowerEarnings₹6.9311%Over (-74.7%)
DCFCash Flow₹7.0814%Over (-74.2%)
Net Asset ValueAssets₹44.457%Under (+62.2%)
EV/EBITDAEnterprise₹16.409%Over (-40.1%)
Earnings YieldEarnings₹7.207%Over (-73.7%)
ROCE CapitalReturns₹1.417%Over (-94.9%)
Revenue MultipleRevenue₹12.685%Over (-53.7%)
Consensus (9 models)₹17.32100%Overvalued
Key Drivers: ROE 1.7% is below cost of equity. | Wide model spread (₹1–₹44) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: -5.6%

*Investments are subject to market risks

Investment Snapshot

50
Modern Shares & Stockbrokers Ltd scores 50/100 (Average)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health58/100 · Moderate
ROCE 3.3% WeakROE 1.7% WeakD/E 0.01 Low debtInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent
Smart Money50/100 · Moderate
Promoter holding at 72.8% Stable
Earnings Quality75/100 · Strong
OPM expanding (11% → 15%) ImprovingWorking capital: 24 days (improving) Efficient
Quarterly Momentum15/100 · Weak
Revenue (4Q): -6% YoY DecliningProfit (4Q): -40% YoY DecliningOPM: -3.6% (down 8.0% YoY) Margin pressure
Industry Rank40/100 · Moderate
P/E 38.2 vs industry 98.5 Cheaper than peersROCE 3.3% vs industry 21.7% Below peersROE 1.7% vs industry 14.2% Below peers3Y sales CAGR: 4% Slow

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 4:53 am

Market Cap 8.02 Cr.
Current Price 27.4
Intrinsic Value₹17.32
High / Low 53.0/24.7
Stock P/E38.2
Book Value 44.4
Dividend Yield0.00 %
ROCE3.32 %
ROE1.74 %
Face Value 10.0
PEG Ratio-6.83

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Modern Shares & Stockbrokers Ltd

Competitors

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
Modern Shares & Stockbrokers Ltd 8.02 Cr. 27.4 53.0/24.738.2 44.40.00 %3.32 %1.74 % 10.0
Alacrity Securities Ltd 254 Cr. 54.3 87.8/42.938.3 23.10.00 %21.5 %16.4 % 10.0
Wealth First Portfolio Managers Ltd 880 Cr. 826 1,440/69039.6 1372.42 %37.5 %28.5 % 10.0
Computer Age Management Services Ltd 16,252 Cr. 655 875/61136.6 45.61.89 %54.8 %43.9 % 2.00
Viji Finance Ltd 43.2 Cr. 3.03 4.64/1.9736.3 1.470.00 %2.42 %1.01 % 1.00
Industry Average6,725.79 Cr1,029.6498.514,364.490.43%21.71%14.20%7.23

All Competitor Stocks of Modern Shares & Stockbrokers Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 0.760.610.720.880.850.950.891.120.910.780.991.040.83
Expenses 0.680.580.620.660.720.800.780.850.870.750.790.770.86
Operating Profit 0.080.030.100.220.130.150.110.270.040.030.200.27-0.03
OPM % 10.53%4.92%13.89%25.00%15.29%15.79%12.36%24.11%4.40%3.85%20.20%25.96%-3.61%
Other Income 0.000.000.000.000.000.000.000.000.000.000.000.000.00
Interest 0.010.010.010.000.000.000.000.000.010.000.000.010.00
Depreciation 0.010.010.010.010.010.010.010.010.010.010.010.010.01
Profit before tax 0.060.010.080.210.120.140.100.260.020.020.190.25-0.04
Tax % 16.67%200.00%25.00%23.81%25.00%28.57%20.00%26.92%150.00%350.00%26.32%36.00%0.00%
Net Profit 0.04-0.010.060.160.090.090.080.19-0.01-0.050.150.16-0.05
EPS in Rs 0.14-0.030.200.550.310.310.270.65-0.03-0.170.510.55-0.17

Last Updated: February 1, 2026, 6:46 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 13, 2026, 5:43 pm

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 0.913.523.122.883.142.522.272.593.262.973.393.713.64
Expenses 0.702.912.902.642.653.032.562.502.872.692.793.263.17
Operating Profit 0.210.610.220.240.49-0.51-0.290.090.390.280.600.450.47
OPM % 23.08%17.33%7.05%8.33%15.61%-20.24%-12.78%3.47%11.96%9.43%17.70%12.13%12.91%
Other Income 0.030.000.030.00-0.120.000.000.000.010.000.000.000.00
Interest 0.010.010.010.010.010.010.010.020.010.020.020.010.01
Depreciation 0.060.060.040.030.020.050.090.040.020.030.030.030.04
Profit before tax 0.170.540.200.200.34-0.57-0.390.030.370.230.550.410.42
Tax % 29.41%29.63%35.00%30.00%38.24%-7.02%2.56%0.00%24.32%21.74%25.45%46.34%
Net Profit 0.130.380.130.140.21-0.53-0.400.030.280.180.400.220.21
EPS in Rs 0.441.300.440.480.72-1.81-1.360.100.960.611.360.750.72
Dividend Payout % 225.38%77.11%112.69%104.64%69.76%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)192.31%-65.79%7.69%50.00%-352.38%24.53%107.50%833.33%-35.71%122.22%-45.00%
Change in YoY Net Profit Growth (%)0.00%-258.10%73.48%42.31%-402.38%376.91%82.97%725.83%-869.05%157.94%-167.22%

Modern Shares & Stockbrokers Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

No data available for the compounded sales growth chart.

Balance Sheet

Last Updated: December 4, 2025, 3:08 am

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 2.932.932.932.932.932.932.932.932.932.932.932.932.93
Reserves 9.639.629.579.719.749.058.668.739.049.209.649.8110.08
Borrowings 0.000.000.000.000.000.000.030.060.001.600.000.000.00
Other Liabilities 2.685.222.881.511.682.682.764.352.572.873.613.894.91
Total Liabilities 15.2417.7715.3814.1514.3514.6614.3816.0714.5416.6016.1816.6317.92
Fixed Assets 0.270.190.160.140.120.240.140.100.100.110.100.100.11
CWIP 0.000.000.000.000.000.000.000.000.000.000.000.000.00
Investments 1.220.730.730.730.610.080.010.010.010.010.010.000.00
Other Assets 13.7516.8514.4913.2813.6214.3414.2315.9614.4316.4816.0716.5317.81
Total Assets 15.2417.7715.3814.1514.3514.6614.3816.0714.5416.6016.1816.6317.92

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + -0.121.96-2.77-2.15-0.36-4.100.76-3.28-2.451.89-0.450.23
Cash from Investing Activity + 1.621.390.930.830.720.690.740.670.510.530.620.73
Cash from Financing Activity + -0.34-0.34-0.35-0.18-0.18-0.180.030.04-0.061.60-1.600.00
Net Cash Flow 1.163.01-2.20-1.500.18-3.591.53-2.57-2.004.02-1.430.96
Free Cash Flow -0.131.94-2.78-2.16-0.37-4.260.76-3.28-2.471.85-0.470.19
CFO/OP -57%321%-1,205%-862%-47%788%-286%-3,589%-615%675%-53%84%

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow0.210.610.220.240.49-0.51-0.320.030.39-1.320.600.45

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 248.6873.6267.8576.0492.99111.5372.3635.2329.11217.5329.0729.51
Inventory Days
Days Payable
Cash Conversion Cycle 248.6873.6267.8576.0492.99111.5372.3635.2329.11217.5329.0729.51
Working Capital Days -669.84-430.33-230.46-39.29-37.20550.40336.06677.86789.34588.67136.7423.61
ROCE %1.42%4.38%1.68%1.67%3.71%-4.54%-3.22%0.43%3.12%1.95%4.33%3.32%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 72.83%72.83%72.83%72.83%72.83%72.83%72.83%72.83%72.83%72.83%72.83%72.83%
Government 0.18%0.18%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public 26.98%26.99%27.17%27.18%27.18%27.17%27.17%27.17%27.18%27.17%27.17%27.17%
No. of Shareholders 1,4251,5271,7612,0602,2132,2722,4742,7952,9262,9242,9182,922

Shareholding Pattern Chart

No. of Shareholders

Modern Shares & Stockbrokers Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE / ROE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 10.0010.0010.0010.0010.00
Basic EPS (Rs.) 0.561.510.541.070.22
Diluted EPS (Rs.) 0.561.510.541.070.22
Cash EPS (Rs.) 0.871.460.711.030.24
Book Value[Excl.RevalReserv]/Share (Rs.) 43.4642.9041.3940.8539.78
Book Value[Incl.RevalReserv]/Share (Rs.) 43.4642.9041.3940.8539.78
Revenue From Operations / Share (Rs.) 12.6411.5810.1311.118.83
PBDIT / Share (Rs.) 1.532.021.011.390.30
PBIT / Share (Rs.) 1.421.910.911.320.17
PBT / Share (Rs.) 1.371.860.781.270.11
Net Profit / Share (Rs.) 0.751.350.620.960.11
PBDIT Margin (%) 12.1417.459.9712.543.44
PBIT Margin (%) 11.2116.529.0511.901.94
PBT Margin (%) 10.8616.027.7311.481.27
Net Profit Margin (%) 5.9611.686.178.661.26
Return on Networth / Equity (%) 1.733.151.512.350.28
Return on Capital Employeed (%) 2.904.021.992.890.38
Return On Assets (%) 1.322.451.101.930.20
Long Term Debt / Equity (X) 0.000.000.000.000.01
Total Debt / Equity (X) 0.000.000.130.000.01
Asset Turnover Ratio (%) 0.220.200.190.210.16
Current Ratio (X) 6.987.045.1012.125.08
Quick Ratio (X) 6.987.044.9311.775.03
Interest Coverage Ratio (X) 33.8434.8512.6029.605.07
Interest Coverage Ratio (Post Tax) (X) 17.6224.349.4621.432.86
Enterprise Value (Cr.) 1.644.97-2.461.22-4.94
EV / Net Operating Revenue (X) 0.441.46-0.830.37-1.91
EV / EBITDA (X) 3.658.39-8.322.99-55.50
MarketCap / Net Operating Revenue (X) 3.753.061.571.820.65
Price / BV (X) 1.090.820.380.490.14
Price / Net Operating Revenue (X) 3.753.061.571.820.65
EarningsYield 0.010.030.030.040.01

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Modern Shares & Stock Brokers Ltd. is a Public Limited Listed company incorporated on 01/07/1939 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L45200MH1939PLC002958 and registration number is 002958. Currently company belongs to the Industry of Finance & Investments. Company's Total Operating Revenue is Rs. 3.71 Cr. and Equity Capital is Rs. 2.93 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Finance & InvestmentsWankhede Stadium, North Stand, Mumbai Maharashtra 400020Contact not found
Management
NamePosition Held
Mr. Pankaj Rajnikant VedChairman(NonExe.&Ind.Director)
Mr. Anil S ManghnaniWhole Time Director
Mr. Ghansham ShewakramaniNon Executive Director
Mrs. Roshan Advani PatheriaNon Executive Director
Mr. Narendra H AdvaniNon Executive Director
Mr. Ramesh R NarangInd. Non-Executive Director

FAQ

What is the intrinsic value of Modern Shares & Stockbrokers Ltd and is it undervalued?

As of 03 April 2026, Modern Shares & Stockbrokers Ltd's intrinsic value is ₹17.32, which is 36.79% lower than the current market price of ₹27.40, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (1.74 %), book value (₹44.4), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Modern Shares & Stockbrokers Ltd?

Modern Shares & Stockbrokers Ltd is trading at ₹27.40 as of 03 April 2026, with a FY2026-2027 high of ₹53.0 and low of ₹24.7. The stock is currently near its 52-week low. Market cap stands at ₹8.02 Cr..

How does Modern Shares & Stockbrokers Ltd's P/E ratio compare to its industry?

Modern Shares & Stockbrokers Ltd has a P/E ratio of 38.2, which is below the industry average of 98.51. Trading at a steep discount to peers could signal a value opportunity or reflect concerns about the company's fundamentals.

Is Modern Shares & Stockbrokers Ltd financially healthy?

Key indicators for Modern Shares & Stockbrokers Ltd: ROCE of 3.32 % is on the lower side compared to the industry average of 21.71%; ROE of 1.74 % is below ideal levels (industry average: 14.20%). Dividend yield is 0.00 %.

Is Modern Shares & Stockbrokers Ltd profitable and how is the profit trend?

Modern Shares & Stockbrokers Ltd reported a net profit of ₹0 Cr in Mar 2025 on revenue of ₹4 Cr. Compared to ₹0 Cr in Mar 2022, the net profit shows a declining trend.

Does Modern Shares & Stockbrokers Ltd pay dividends?

Modern Shares & Stockbrokers Ltd has a dividend yield of 0.00 % at the current price of ₹27.40. The company is currently not paying meaningful dividends.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Modern Shares & Stockbrokers Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE
Explore Industry-wise Stock Analysis Reports