Modern Threads (India) (NSE:MODTHREAD) Financial Strength: 7 (As of Jun. 2026) — Near Median

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NSE:MODTHREAD Modern Threads (India) Ltd NSE:MODTHREAD
40 GF Score
Price ₹56.05
! 4 Warning Signs
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What is Modern Threads (India) Financial Strength?

Modern Threads (India) NSE:MODTHREAD -1.32% 40 Financial Strength is 7 as of Jun. 2026, which is at its 10-year median of 7.00. GuruFocus rates NSE:MODTHREAD with a GF Score™ of 40/100. The stock has 4 warning signs investors should review.

Modern Threads (India) has the Financial Strength Rank of 7.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Modern Threads (India)'s Interest Coverage for the quarter that ended in Jun. 2026 was 3.50. Modern Threads (India)'s debt to revenue ratio for the quarter that ended in Jun. 2026 was 0.00. As of today, Modern Threads (India)'s Altman Z-Score is 2.99.


Modern Threads (India)  (NSE:MODTHREAD) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Modern Threads (India) has the Financial Strength Rank of 7.


Modern Threads (India) Financial Strength Related Terms


Modern Threads (India) Financial Strength Competitor Comparison

For the Textile Manufacturing subindustry, Modern Threads (India)'s Financial Strength, along with its competitors' market caps and Financial Strength data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Modern Threads (India) Financial Strength vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Modern Threads (India)'s Financial Strength distribution charts can be found below:

* The bar in red indicates where Modern Threads (India)'s Financial Strength falls into.


NSE:MODTHREAD
40GF Score
Modern Threads (India) Ltd NSE:MODTHREAD
Financial Strength is just one metric. See GF Score™, valuation, warning signs, and more.
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Modern Threads (India) Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Modern Threads (India)'s Interest Expense for the months ended in Jun. 2026 was ₹-21 Mil. Its Operating Income for the months ended in Jun. 2026 was ₹74 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0 Mil.

Modern Threads (India)'s Interest Coverage for the quarter that ended in Jun. 2026 is

Interest Coverage=-1*Operating Income (Q: Jun. 2026 )/Interest Expense (Q: Jun. 2026 )
=-1*74.446/-21.262
=3.50

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Modern Threads (India)'s Debt to Revenue Ratio for the quarter that ended in Jun. 2026 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2026 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 3464.676
=0.00

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Modern Threads (India) has a Z-score of 2.99, indicating it is in Grey Zones. This implies that Modern Threads (India) is in some kind of financial stress. If it is below 1.81, the company may faces bankrupcy risk.

Warning Sign:

Altman Z-score of 2.99 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Financial Strength →
What does a Financial Strength of 7 mean?
Modern Threads (India) (NSE:MODTHREAD) has a Financial Strength of 7 as of Jun. 2026. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Modern Threads (India) and its competitors. This is near median its historical median of 7.00. Over the past decade, Modern Threads (India)'s Financial Strength has ranged from 6.00 to 9.00.
Is Modern Threads (India)'s Financial Strength too high?
Modern Threads (India)'s current Financial Strength of 7 is near median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 6.00 to a high of 9.00. Overall, Modern Threads (India) has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Modern Threads (India)'s Financial Strength compare to competitors?
Modern Threads (India)'s Financial Strength of 7 can be compared against companies in the Manufacturing - Apparel & Accessories industry. Historically, Modern Threads (India)'s own Financial Strength has ranged from 6.00 to 9.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Financial Strength for a Manufacturing - Apparel & Accessories company?
A good Financial Strength depends on the Manufacturing - Apparel & Accessories industry context. However, Financial Strength should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Financial Strength mean?
A high Financial Strength can signal that a stock is expensive relative to its fundamentals. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Modern Threads (India) and its competitors. Modern Threads (India)'s current Financial Strength is 7, which is near median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modern Threads (India) stock overvalued right now?
Modern Threads (India) (NSE:MODTHREAD) has a current Financial Strength of 7. The current Financial Strength is 7, which is near median its 10-year median of 7.00. Modern Threads (India)'s overall GF Score™ is 40/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Financial Strength calculated?
Financial Strength is calculated from a company's financial statements. For Modern Threads (India) (NSE:MODTHREAD), the current Financial Strength is 7 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Modern Threads (India) Business Description

Other Exchanges 500282:India
Address Unit: Modern Woollens, Hamirgarh Road, Pragati Path, Near Transport Nagar, Bhilwara, RJ, IND, 311001
Modern Threads (India) Ltd is engaged in the textile industry, manufacturing and selling a diverse products, including worsted yarn, wool tops, wool grease, polyester viscose fiber-dyed yarn, polyester yarn, and lanolin. The company mainly produces worsted yarn, wool tops, and synthetic yarn. Its products are exported to over 25 countries across Europe, Latin America, the Far East, the Middle East, and Africa. Its manufacturing plants are located in Raila and Bhilwara. The company has generated the majority of its revenue from India.
40GF Score

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Financial Strength is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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