Modulex Construction Technolog
MODULEX.BO
Bombay Stock Exchange15.43
INR
+0.35
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Modulex Construction Technolog
MODULEX.BO
(Bombay Stock Exchange)
Recent
price
15.43
P/E
ratio
- -
div
yld
- -
ROIC.AI
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- Modulex Construction Technologies Limited is a ConstrucTech company primarily engaged in the production, building, supplying, fabricating, and manufacturing of modular steel buildings. The company offers a comprehensive turnkey service including conceptualization and design, cost estimation, structural engineering, offsite module manufacturing, onsite foundation work, module transportation and installation, finishing, and handover. Its core products include 3D volumetric steel modular buildings, factory-built bathroom pods, kitchen pods, retail pods, and ancillary products such as doors and windows based on Light Gauge Steel Frame Technology with integrated MEP and pre-finished interiors. These modular solutions are designed for speed, scalability, sustainability, and compliance with global standards, targeted at high-growth sectors like hotels, hospitals, schools, and residential buildings. Founded in 1973 and headquartered in London, United Kingdom, the company has a significant presence in India through its subsidiary Modulex Modular Buildings Private Limited, which is developing a large-scale steel modular manufacturing facility in Pune, India. This 40-acre site in the MIDC Indapur industrial area includes factory sheds for producing steel modules and related components with an annual capacity of 200,000 square meters, positioning Modulex as India's first and the world's largest steel modular manufacturing facility. The company leverages emerging technologies including Artificial Intelligence, Blockchain, and the Internet of Things (IoT) to enhance construction quality, reduce build times by 30-50%, and promote sustainability with up to 30% reduction in material waste and improved energy efficiency. Recent major developments include the company's strategic operational build-out of its manufacturing facility which began trial production in April 2025 with substantial progress in factory construction and machinery installation. In 2019, new promoters Red Ribbon Modulex Buildings Limited and Red Ribbon Advisory Services Private Limited took ownership, driving the company's expansion. In 2023, Give Vinduet Windows and Doors Private Limited became a subsidiary, further expanding product offerings. Modulex maintains a substantial order pipeline domestically in India and for export markets, particularly the UK, and plans to develop design templates tailored for various real estate sectors to deliver faster project turnaround. These strategic expansions and technology integrations underscore Modulex's ambition to lead the shift from traditional construction methods to modern, off-site modular building solutions globally.