As of 6 Nov 2026, Modern Shares and Stockbrokers trades at 133.2× trailing earnings, above the industry P/E of 18.4×, and the shares are 30% below their 52-week high. Sales and net profit grew 6.4% and 2.7% a year over 3 years; its ROCE of 2.4% is the lowest among the 7 largest Capital Markets peers, though net profit is above operating profit, which points to a one-off gain. It is a small-cap company with a market cap of ₹10 Cr, ranked 193rd of 219 Capital Markets companies by market cap; the shares fell 25% over the past year.
- ₹32.34
- ₹34.64
- ₹32.34
- ₹33.00
- 835
Health check
- ReturnsBehind
−24.8% over a year, better than 0 of 7 peers.
- Price tagDistorted
A one-off gain inflates profit, so P/E isn’t comparable right now.
- GrowthSlow
Sales +6.4%, profit +2.7% a year over 3 years.
- ProfitabilityWeak
ROCE 2.4% vs peer median 22.1%.
- Balance sheetStretched
Piotroski 2 of 9.
- Red flags5 to check
Return on equity is low at 0.7%.
Small cap
Defensive
Key metrics
- Market cap
- ₹10 Cr
- Small cap
- P/E
- 133.2
- Industry 18.4
- Price to book
- 0.83
- Peers 4.53
- Dividend yield
- 0.00%
- ROE
- 0.7%
- Peers 18.9%
- ROCE
- 2.4%
- Peers 22.1%
- Debt to equity
- n/a
- Debt ₹0.00 Cr
- EPS (TTM)
- ₹0.26
- OPM (TTM)
- −21.9%
- Net margin 2.5%
- Sales growth
- −18.7%
- Latest quarter vs a year ago
- Profit growth
- −60.1%
- Latest quarter vs a year ago
- Price to sales
- 2.98
Strengths and risks
Risks to check
- Return on equity is low at 0.7%.
- Quarterly profit down 60.1% on a year ago.
- Quarterly sales down 18.7% on a year ago.
- Net profit is above operating profit, so a one-off gain is likely flattering earnings.
- P/E of 133.2 against an industry P/E of 18.4.
About Modern Shares and Stockbrokers
Modern Shares and Stockbrokers Limited engages in the provision of stockbroking services in India. The company offers retail broking services, including the purchase and sale of securities that comprise equity and derivative instruments; mutual fund distribution; and research services. The company was formerly known as Modern Home Credit & Capital Ltd. and changed its name to Modern Shares and Stockbrokers Limited in April 2002. Modern Shares and…
- Headquarters
- Mumbai
- Employees
- 18
- Sector
- Financial Services
- ISIN
- INE370A01019
- Website
- modernshares.com
Price range
- Avg volume (3M)
- 1.8K
- 1-year return
- minus 24.8%
- From 52-week high
- minus 30.1%
Peers · Capital Markets
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GROWWBillionbrains Garage Ventures | 215.08 | minus 3.93% | 1,33,585 | 50.3 | 13.78 | 29.3% | 21.6% | 62.9% | – | – | 0.00% | plus 63.8% |
| MOTILALOFSMotilal Oswal Financial Services | 1,102.00 | plus 0.64% | 66,448 | 25.0 | 4.27 | 18.1% | 18.9% | 52.4% | 29.0% | 26.1% | 0.54% | plus 11.1% |
| AIILAuthum Investment & Infrastructure | 570.05 | plus 0.08% | 48,410 | 27.6 | 3.29 | 15.2% | 13.1% | 74.0% | 44.4% | −23.5% | 0.00% | minus 0.7% |
| ANGELONEAngel One | 331.00 | plus 1.49% | 30,290 | 26.8 | 4.53 | 26.9% | 18.4% | 39.7% | 20.3% | 0.9% | 1.95% | plus 29.5% |
| CDSLCentral Depository Services (India) | 1,331.40 | minus 0.19% | 27,826 | 55.1 | 14.03 | 29.7% | 26.4% | 51.3% | 27.3% | 18.2% | 0.96% | minus 13.3% |
| CHOICEINChoice International | 748.20 | minus 0.09% | 16,668 | 62.9 | 8.90 | 17.6% | 15.8% | 35.3% | 42.2% | 53.6% | 0.00% | minus 7.4% |
| IIFLCAPSIIFL Capital Services | 349.80 | plus 0.13% | 13,036 | 18.8 | 3.15 | 22.1% | 19.5% | 36.1% | 19.9% | 30.9% | 0.86% | plus 4.1% |
| MODRNSHModern Shares and Stockbrokers | 34.63 | plus 4.94% | 10 | 133.2 | 0.83 | 2.4% | 0.7% | −21.9% | 6.4% | 2.7% | 0.00% | minus 24.8% |
| Median of 7 peers | – | 0.08% | 30,290 | 27.6 | 4.53 | 22.1% | 18.9% | 51.3% | 28.2% | 22.2% | 0.54% | 4.1% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 0.7 | 0.8 | 0.6 | 0.5 | 0.6 | |
| 0.8 | 0.7 | 0.8 | 0.7 | 0.8 | |
| −0.1 | 0 | −0.2 | −0.2 | −0.2 | |
| −6.9% | 4.5% | −33.2% | −37.7% | −30.7% | |
| 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | |
| 0 | 0 | 0 | 0 | 0 | |
| 0 | 0 | 0 | 0 | 0 | |
| 0.1 | 0 | −0 | −0.1 | 0.1 | |
| 0.2 | 0.2 | −0 | −0.1 | 0.1 | |
| 23.0% | 35.6% | −20.7% | 28.0% | 15.4% | |
| 0.1 | 0.2 | −0 | −0.1 | 0.1 | |
| 0.51 | 0.49 | -0.22 | -0.21 | 0.20 |
Profit & loss
- Sales CAGR 3Y
- +6.4%
- Profit CAGR 3Y
- +2.7%
- EPS CAGR 3Y
- +2.7%
- ROE
- 0.7%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 2.2 | 2.5 | 2.8 | 2.6 | |
| – | +12.3% | +13.3% | minus 5.4% | |
| 2.6 | 2.7 | 3.1 | 3.1 | |
| −0.4 | −0.3 | −0.3 | −0.4 | |
| −16.0% | −11.0% | −11.9% | −15.7% | |
| 0.6 | 0.6 | 0.8 | 0.8 | |
| 0 | 0 | 0 | 0 | |
| 0 | 0 | 0 | 0 | |
| 0.1 | 0.2 | 0 | −0 | |
| 0.2 | 0.5 | 0.4 | 0.3 | |
| 20.3% | 27.1% | 45.1% | 37.0% | |
| 0.2 | 0.4 | 0.2 | 0.2 | |
| – | +116.7% | minus 44.3% | minus 10.2% | |
| 0.62 | 1.35 | 0.75 | 0.68 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 2.9 | 2.9 | 2.9 | 2.9 | |
| 9.2 | 9.6 | 9.8 | 10 | |
| 1.6 | – | – | 0.2 | |
| 2.9 | 3.6 | 3.9 | 3.7 | |
| 16.6 | 16.2 | 16.6 | 16.9 | |
| 0.1 | 0.1 | 0.1 | 0.1 | |
| 3.2 | 3.9 | 3 | 4.5 | |
| 5.4 | 2.9 | −0.9 | 0.8 | |
| 7.8 | 9.3 | 14.4 | 11.5 | |
| 16.6 | 16.2 | 16.6 | 16.9 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 1.9 | −0.5 | 0.2 | −2.1 | |
| 0.5 | 0.6 | 0.7 | 0.7 | |
| 1.6 | −1.6 | – | 0.2 | |
| 4 | −1.4 | 1 | −1.2 | |
| −0 | −0 | −0 | −0.1 | |
| 1.8 | −0.5 | 0.2 | −2.2 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.