Inve India ▾

Modi Naturals share price & results

Modi Naturals Limited· Fast Moving Consumer Goods

Results to
Jun 2026
Latest analysed call
Q4 FY26
Ownership as of
Sept 2026

Integrated edible-oil, food and ethanol maker — branded oils (Oleev, Olivana) and rice-based food products, rice bran bulk oil, and grain-based ethanol distillation for OMC blending.

Company research is public. Sign in to keep your own companies, notes and cases.

Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue80.8 ₹ crore+6.8% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin7.0 %+1.6 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit2.9 ₹ crore−11.1% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity33.00 %+0.7 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin-2.64 %−5.8 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)7.30 %−57.7 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

2 of 5 judged targets kept · 9 open · verdicts reflect calls analysed to Q4 FY26.

Modi Naturals Limited management guidance track record on Inve: 14 targets tracked across analysed earnings calls (2 achieved, 3 missed, 9 open).

TargetOriginal wordingSaidLatest callVerdict
Consolidated PAT₹42 crores to ₹48 crores
Call transcript, Q4 FY25 · 29 May 2025		Q4 FY25Q4 FY26:FY26 PAT stood at ₹50.3 crores, exceeding the upper end of the guided range of ₹42-48 crores.
Call transcript, Q4 FY26 · 14 May 2026		Achieved
Consolidated Revenue₹850 crore to ₹880 crore
Call transcript, Q4 FY25 · 29 May 2025		Q4 FY25Q4 FY26:FY26 revenue came in at ₹719 crores, significantly below the guided range of ₹850-880 crores.
Call transcript, Q4 FY26 · 14 May 2026		Missed
Ethanol Capacity ExpansionCommence by Q3 FY26 (Total 310 KLPD)
Call transcript, Q4 FY25 · 29 May 2025		Q4 FY25Q4 FY26:Phase 2 was commissioned in the 'latter part of FY26' (Q4), a slight slip from the 'by Q3 FY26' target.
Call transcript, Q4 FY26 · 14 May 2026		Delayed

Source: Inve Guidance Tracker for Modi Naturals Limited · to Q4 FY26

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

3 of Modi Naturals Limited's 14 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 11 more targets are in the full ledger.

Free account: 5 full ledgers a month and one Inve Case. Pro opens 100 a month, ₹499.
See the full record

Price

₹318 −5.31% · −₹17.85

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance −21.5% 1Y

₹300₹350₹400₹450₹500Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 17 Nov 2025Q4 FY26 — 14 May 2026

1Y: ₹405 on 24 Oct 2025 → ₹318. High ₹484.9 (14 Nov 2025), low ₹272.25 (9 Mar 2026).

Previous close
₹335.85
Market cap
₹420 Cr
52-week range
₹272.25 – ₹484.9
One year
−21.12%
Price to earnings (TTM to Jun 2026)
8.69×
Return on equity (TTM to Jun 2026)
33.00%

Overview

Symbol
NSE:MODINATUR
Exchange
NSE
Currency
INR

What Modi Naturals Limited does

Based on the company's own presentations, annual report and earnings calls.

Modi Naturals runs three business verticals: a Consumer/Branded division selling premium edible oils (olive oil, canola oil, rice-bran-olive blends) and ready-to-cook/ready-to-eat food products (pasta, peanut butter, popcorn, beverages) through General Trade, Modern Trade, e-commerce and CSD channels; a Bulk division that extracts and refines rice bran oil (and its by-products, de-oiled cakes and rice bran wax) from raw rice bran; and an Ethanol division operating a grain-based distillery that produces ethanol supplied mainly to oil marketing companies (OMCs) for fuel blending, alongside emerging alcohol/by-product value-addition lines.

Segments

  • Consumer / Branded Division
  • Bulk Division
  • Ethanol Division
Manufacturing units
3
Ethanol distillation capacity
282 KLPD (up from 130 KLPD in FY24, ~117% increase)
Distributor network
450+
Direct retail reach
50,000+ retail stores
Modern retail outlets
3,000+
Consumer division channel mix
~50% modern trade, 40% general trade, 8-10% CSD/army channel
Company website

How the price took the results

close before → close after

Q4 FY26
+19.9%
14 May
Q2 FY26
−10.3%
17 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

Your own record

Start an Inve Case for Modi Naturals Limited

Free account: one company. Everything above stays public.

Write why you follow Modi Naturals Limited and the condition you want checked. Inve compares your numeric conditions with available results and management guidance; your own conditions remain yours to review.

What an account adds

Keep reading

Other Fast Moving Consumer Goods companies

All Fast Moving Consumer Goods companies → · Fast Moving Consumer Goods earnings growth →

Learn to analyse Modi Naturals Limited

Guides on how to read this kind of business and the numbers that matter.