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Unlisted shares are illiquid and carry higher risk than listed securities. Prices are indicative, not live. Read the risk disclosure.

Valuation
Financials (FY2025-26 (9M estimate annualized))
Investment Thesis
Modern Thread Ltd is a Bhilwara-based wool and blended worsted yarn manufacturer operating in a competitive but growing segment. The near-zero share price of ₹0.01 raises significant concerns about the company's current viability and financial health. Investors should exercise extreme caution and conduct thorough due diligence before considering any exposure.
Pros
Cons
Business Segments
Wool & Blended Worsted Yarn
Manufacturing and export of wool and blended worsted yarn; Bhilwara (Rajasthan) plant; "Modern Woolens" division; domestic and international textile markets.
Revenue Model
Modern Thread Ltd generates revenue by manufacturing wool and blended worsted yarn and selling it to fabric manufacturers, weavers, and exporters. Revenue depends on yarn production volumes, product mix (pure wool vs. blended), and prevailing commodity prices for raw wool and polyester. Export sales, if any, add a foreign currency revenue component.
Detailed Analysis
Growth Plans
India's PLI scheme for textiles could benefit Bhilwara-based manufacturers if the company is operational
Growing global demand for merino wool blends from Indian manufacturers
Bhilwara cluster infrastructure investments improving regional competitiveness
Industry Tailwinds
India's PLI scheme for textiles could benefit Bhilwara-based manufacturers if the company is operational
Recent Developments
Revenue ₹74.9 Cr (Q3FY26); PAT ₹5.99 Cr; 9M FY26 revenue ₹220.25 Cr, PAT ₹8.52 Cr.
Q3 FY2025-26Filed annual SEBI Takeover Regulations disclosure for FY26 and Q4FY26 compliance certificate — active listed entity.
FY2025-26Comparable Companies
NITINSPIN · ~₹1,200 Cr (listed)
Frequently Asked Questions
About Modern Thread
Modern Thread Ltd is an Indian thread and yarn manufacturer engaged in producing sewing thread, industrial thread, and related yarn products. Thread manufacturers in India serve garment makers, leather goods producers, footwear companies, and technical textile applications. India is one of the world's largest textile producers and exporters, with a strong domestic thread manufacturing industry. Thread manufacturers produce products from cotton, polyester, nylon, and specialty fibres for apparel, upholstery, automotive, and industrial stitching applications. Key players in India's organised thread industry include Madura Coats, American & Efird (A&E), and Vardhman Threads. Modern Thread likely operates spinning and twisting machinery to convert raw fibre into finished thread products. The company sells to garment manufacturers, tailoring establishments, and industrial users through direct sales or distributor networks. Given limited public data, specific financial metrics including revenue and employee count are not available for Modern Thread Ltd.
Key Milestones
Incorporated 1980 in Bhilwara, Rajasthan (CIN: L17115RJ1980PLC002075); 45+ years old
BSE listed (500282, ticker MDRNTHR B); NSE listed (MODTHREAD); wool and blended worsted yarn manufacturer
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Takes 2 minutes
We source & quote
Typically within 1 business day
You accept the allocation
Quote valid for 3 days
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Unlisted shares are illiquid and carry higher risk. Pricing is indicative, not live, and these are private off-market transactions with no exchange settlement guarantee. Read the full risk disclosure.
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Growing global demand for merino wool blends from Indian manufacturers
Bhilwara cluster infrastructure investments improving regional competitiveness
Industry Headwinds
Company may be effectively dormant given the ₹0.01 share price
Competition from large integrated textile companies in the same region
Global wool price volatility impacting raw material costs
A share price of ₹0.01 strongly suggests the company may be financially distressed, dormant, or have near-zero net worth.
Source: Company Financial Filings
Raw wool prices are subject to international commodity cycles; polyester prices are linked to crude oil, creating cost unpredictability.
Source: Media Reports / Public Records
Bhilwara is home to large, well-capitalised textile companies that can outcompete smaller manufacturers on scale and technology.
Source: Media Reports / Public Records
Limited public financial data and no known website makes it difficult to assess current operational status.
Source: Media Reports / Public Records
Export-oriented yarn businesses face currency risk, buyer concentration risk, and compliance with international quality standards.
Source: Media Reports / Public Records
A share price of ₹0.01 strongly suggests the company may be financially distressed, dormant, or have near-zero net worth.
Raw wool prices are subject to international commodity cycles; polyester prices are linked to crude oil, creating cost unpredictability.
Bhilwara is home to large, well-capitalised textile companies that can outcompete smaller manufacturers on scale and technology.
Limited public financial data and no known website makes it difficult to assess current operational status.
Export-oriented yarn businesses face currency risk, buyer concentration risk, and compliance with international quality standards.
BSL · ~₹300 Cr (listed)
BANSYNTEX · ~₹400 Cr (listed)
9M FY26 revenue ₹220.25 Cr; Q3FY26 PAT ₹5.99 Cr; SEBI filings current
Headquarters: Bhilwara, Rajasthan (plant) + Mumbai corporate office; "Modern Woolens" brand