Modern Malleables Ltd.
BBSE:MODMA40.69
INR
+1.69
(+4.33%)
Modern Malleables Ltd.
BSE:MODMA
(Bombay Stock Exchange)
Recent
price
40.69
P/E
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div
yld
- -
ROIC.AI
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- Business
- Modern Malleables Ltd. is an India-based engineering and manufacturing company primarily engaged in the design, development, fabrication, and supply of hardware accessories, fittings, and structural components for electrical power transmission, distribution networks, and telecommunications infrastructure. Originally established in 1956 as Modern Malleable Casting Works and incorporated in 1982, the company is headquartered in Kolkata, West Bengal, India, and trades on the Bombay Stock Exchange under the ticker MODMA (Scrip Code: 517336) as well as the Calcutta Stock Exchange. The company operates through specialized divisions delivering an extensive portfolio of products and services, including: conductor accessories and fittings such as preformed helical armour rods, line guards, conductor splices, distribution ties, dead-end grips, and vibration dampers; insulator hardware comprising suspension clamps, tension clamps, grading rings, arcing horns, yoke plates, sag plates, links, and shackles; pole line hardware including machine bolts, insulator pins, eye nuts, guy clamps, cross arms, earth rods, and turnbuckles; compression fittings such as compression deadends, mid-span joints, repair sleeves, and parallel groove clamps; telecommunication and optical fiber accessories engineered for Optical Ground Wire (OPGW) and All-Dielectric Self-Supporting (ADSS) aerial optical fiber cable installations; spacer and damping systems encompassing rigid, flexible, and helical spacers alongside spacer dampers for bundle conductors; fabricated structural components for high-voltage transmission towers, distribution substations, and railway electrification systems; and turnkey engineering, procurement, and construction (EPC) contracting for overhead power transmission and distribution lines. Modern Malleables serves state electricity boards, power transmission utilities, infrastructure contractors, and telecommunication network providers across domestic and international markets. In recent operational developments, the company has expanded its manufacturing and fabrication capabilities at its production hub in Liluah, Howrah, modernizing its drop-forging, aluminum casting, galvanizing, and CNC machining lines to address rising demand for extra-high voltage (EHV) transmission hardware and aerial fiber-optic fittings. The company has also broadened its business focus toward turnkey line construction and structural fabrication, supported by its in-house National Accreditation Board for Testing and Calibration Laboratories (NABL) accredited testing facility and government-recognized research and development center to introduce high-specification damping and grid connectivity solutions. Furthermore, the company held its 42nd Annual General Meeting in September 2026 following substantial operational scaling and earnings expansion driven by increased execution of national grid modernization contracts.