Balance Sheet

MODERN INDIA LTD.

NSE : NABSE : 503015ISIN CODE : INE251D01023Industry : TradingHouse : Private
BSE46.250 (0 %)
PREV CLOSE ( ) 46.25
OPEN PRICE ( ) 46.25
BID PRICE (QTY) 0.00 (0)
OFFER PRICE (QTY) 0.00 (0)
VOLUME 10921
TODAY'S LOW / HIGH ( )45.55 46.25
52 WK LOW / HIGH ( ) 45.5546.25
NSE
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( in Million)
ParticularsMar2024Mar2023Mar2022Mar2021Mar2020
EQUITY AND LIABILITIES
Share Capital75.0975.0975.0975.0975.09
    Equity - Authorised750.00750.00750.00750.00750.00
    Equity - Issued75.0975.0975.0975.0975.09
    Equity Paid Up75.0975.0975.0975.0975.09
    Equity Shares Forfeited0.000.000.000.000.00
    Adjustments to Equity0.000.000.000.000.00
    Preference Capital Paid Up0.000.000.000.000.00
    Face Value2.002.002.002.002.00
Share Warrants & Outstandings0.000.000.000.000.00
Total Reserves3096.56687.30106.3179.3065.51
    Securities Premium0.000.000.000.000.00
    Capital Reserves22.4922.4922.4922.4922.49
    Profit & Loss Account Balance2963.11555.98-7.47-28.45-47.75
    General Reserves32.9032.9032.9032.9032.90
    Other Reserves78.0775.9358.4052.3657.86
Reserve excluding Revaluation Reserve3096.56687.30106.3179.3065.51
Revaluation reserve0.000.000.000.000.00
Shareholder's Funds3171.65762.39181.40154.38140.59
Minority Interest0.000.000.000.000.00
Long-Term Borrowings0.000.000.000.000.00
Secured Loans9.548.061003.716.769.91
    Non Convertible Debentures0.000.000.000.000.00
    Converible Debentures & Bonds0.000.000.000.000.00
    Packing Credit - Bank0.000.000.000.000.00
    Inter Corporate & Security Deposit0.000.000.000.000.00
    Term Loans - Banks0.000.003.710.000.00
    Term Loans - Institutions0.000.001000.000.000.00
    Other Secured9.548.060.006.769.91
Unsecured Loans0.000.000.000.000.00
    Fixed Deposits - Public0.000.000.000.000.00
    Loans and advances from subsidiaries0.000.000.000.000.00
    Inter Corporate Deposits (Unsecured)0.000.000.000.000.00
    Foreign Currency Convertible Notes0.000.000.000.000.00
    Long Term Loan in Foreign Currency0.000.000.000.000.00
    Loans - Banks0.000.000.000.000.00
    Loans - Govt.0.000.000.000.000.00
    Loans - Others0.000.000.000.000.00
    Other Unsecured Loan0.000.000.000.000.00
Deferred Tax Assets / Liabilities-38.190.41-111.04-101.15-119.23
    Deferred Tax Assets60.7625.80162.03101.15139.77
    Deferred Tax Liability22.5726.2150.990.0020.54
Other Long Term Liabilities34.7344.371526.341535.281601.14
Long Term Trade Payables0.000.000.000.000.00
Long Term Provisions22.3719.0115.2212.759.35
Total Non-Current Liabilities28.4471.862434.241453.641501.17
Current Liabilities
Trade Payables260.58121.40280.34138.00200.17
    Sundry Creditors260.58121.40280.34138.00200.17
    Acceptances0.000.000.000.000.00
    Due to Subsidiaries- Trade Payables0.000.000.000.000.00
Other Current Liabilities1520.482043.03154.92171.44180.06
    Bank Overdraft / Short term credit0.000.000.000.000.00
    Advances received from customers328.50260.513.0622.3313.00
    Interest Accrued But Not Due0.000.000.000.000.00
    Share Application Money0.000.000.000.000.00
    Current maturity of Debentures & Bonds0.000.000.000.000.00
    Current maturity - Others0.000.000.000.000.00
    Other Liabilities1191.981782.53151.87149.11167.05
Short Term Borrowings984.541122.3571.29189.94164.62
    Secured ST Loans repayable on Demands984.541117.1933.64185.44162.01
    Working Capital Loans- Sec433.24258.5933.64185.44162.01
    Buyers Credits - Unsec0.000.000.000.000.00
    Commercial Borrowings- Unsec0.000.000.000.000.00
    Other Unsecured Loans-433.24-253.434.01-180.93-159.41
Short Term Provisions3.4943.684.161.033.67
    Proposed Equity Dividend0.000.000.000.000.00
    Provision for Corporate Dividend Tax0.000.000.000.000.00
    Provision for Tax0.0041.870.000.000.00
    Provision for post retirement benefits0.000.000.000.000.00
    Preference Dividend0.000.000.000.000.00
    Other Provisions3.491.814.161.033.67
Total Current Liabilities2769.093330.46510.71500.41548.51
Total Liabilities5969.184164.703126.342108.432190.27
ASSETS
Gross Block727.46699.66627.73648.59651.18
Less: Accumulated Depreciation322.32294.26202.46154.63110.59
Less: Impairment of Assets0.000.000.000.000.00
Net Block405.13405.39425.27493.96540.59
Lease Adjustment A/c0.000.000.000.000.00
Capital Work in Progress47.7242.5236.6447.0939.89
Non Current Investments2763.911535.21733.35696.46635.98
Long Term Investment2763.911535.21733.35696.46635.98
    Quoted534.18309.03325.17262.91173.19
    Unquoted2229.951246.40428.41460.36477.70
Long Term Loans & Advances80.9151.6465.8755.6571.59
Other Non Current Assets48.6439.4029.8019.1318.26
Total Non-Current Assets3391.192119.521336.791312.281306.31
Current Assets Loans & Advances
Currents Investments252.140.0071.2610.100.11
    Quoted2.140.0024.9124.880.00
    Unquoted294.7324.9170.000.140.11
Inventories1268.521181.70975.67121.20178.33
    Raw Materials0.000.000.000.000.00
    Work-in Progress0.000.000.000.000.00
    Finished Goods0.000.000.000.000.00
    Packing Materials0.000.000.000.000.00
    Stores  and Spare0.000.000.000.000.00
    Other Inventory1268.521181.70975.67121.20178.33
Sundry Debtors547.10437.49544.32410.18486.23
    Debtors more than Six months0.000.00183.340.000.00
    Debtors Others682.06438.46375.57432.44505.51
Cash and Bank299.30219.9697.78132.8296.17
    Cash in hand0.950.820.260.602.16
    Balances at Bank298.35219.1397.51132.2294.01
    Other cash and bank balances0.000.000.000.000.00
Other Current Assets63.4248.1027.9530.6133.69
    Interest accrued on Investments0.000.000.000.000.00
    Interest accrued on Debentures0.000.000.000.000.00
    Deposits with Government0.000.000.000.000.00
    Interest accrued and or due on loans2.291.640.660.267.59
    Prepaid Expenses4.355.242.793.083.04
    Other current_assets56.7941.2224.5027.2823.06
Short Term Loans and Advances147.51157.9472.5791.2289.44
    Advances recoverable in cash or in kind45.28195.61101.19111.39117.41
    Advance income tax and TDS19.950.000.000.000.00
    Amounts due from directors0.000.000.000.000.00
    Due From Subsidiaries0.000.000.000.000.00
    Inter corporate deposits0.000.000.000.000.00
    Corporate Deposits0.000.000.000.000.00
    Other Loans & Advances82.28-37.67-28.62-20.17-27.97
Total Current Assets2577.992045.181789.55796.14883.96
Net Current Assets (Including Current Investments)-191.10-1285.281278.84295.74335.45
Miscellaneous Expenses not written off0.000.000.000.000.00
Total Assets5969.184164.703126.342108.432190.27
Contingent Liabilities446.31442.737411.33396.96406.99
Total Debt999.001135.331079.66201.63179.74
Book Value84.4820.314.834.113.74
Adjusted Book Value84.4820.314.834.113.74

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RISK DISCLOSURES ON DERIVATIVES

  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to ₹ 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

Source:

1. SEBI study dated January 25, 2023 on “Analysis of Profit and Loss of Individual Traders dealing in equity Futures and Options (F&O) Segment”, wherein Aggregate Level findings are based on annual Profit/Loss incurred by individual traders in equity F&O during FY 2021-22.