Modern Steels Ltd vs Tamilnadu Steel Tubes Ltd Stock Comparison

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Last Updated on: May 31, 2026

Key Highlights

The Latest Trading Price of Modern Steels Ltd is ₹ 13.54 as of 29 May 15:30 . The P/E Ratio of Modern Steels Ltd changed from 0.4 on March 2022 to 4.7 on March 2025 . This represents a CAGR of 85.14% over 4 yearsThe P/E Ratio of Tamilnadu Steel Tubes Ltd changed from 9.2 on March 2022 to 77.6 on March 2025 . This represents a CAGR of 70.42% over 4 years The Market Cap of Modern Steels Ltd changed from ₹ 5.37 crore on March 2021 to ₹ 20.77 crore on March 2025 . This represents a CAGR of 31.07% over 5 yearsThe Market Cap of Tamilnadu Steel Tubes Ltd changed from ₹ 4.56 crore on March 2021 to ₹ 7.56 crore on March 2025 . This represents a CAGR of 10.64% over 5 years The revenue of Modern Steels Ltd for the Mar '26 is ₹ 0.93 crore as compare to the Dec '25 revenue of ₹ 0.3 crore. This represent the growth of 210% The revenue of Tamilnadu Steel Tubes Ltd for the Mar '26 is ₹ 25.7 crore as compare to the Dec '25 revenue of ₹ 19.02 crore. This represent the growth of 35.12% The ebitda of Modern Steels Ltd for the Mar '26 is ₹ 0.67 crore as compare to the Dec '25 ebitda of ₹ 0.1 crore. This represent the growth of 570% The ebitda of Tamilnadu Steel Tubes Ltd for the Mar '26 is ₹ 0.44 crore as compare to the Dec '25 ebitda of ₹ 0.27 crore. This represent the growth of 62.96% The net profit of Modern Steels Ltd changed from ₹ -0.03 crore to ₹ 0.66 crore over 8 quarters. This represents a CAGR of NaN% The net profit of Tamilnadu Steel Tubes Ltd changed from ₹ 0.1 crore to ₹ -0.04 crore over 8 quarters. This represents a CAGR of NaN% The Dividend Payout of Modern Steels Ltd changed from 0 % on March 2021 to 0 % on March 2025 . This represents a CAGR of 0.0% over 5 yearsThe Dividend Payout of Tamilnadu Steel Tubes Ltd changed from 0 % on March 2021 to 0 % on March 2025 . This represents a CAGR of 0.0% over 5 years .

About Modern Steels Ltd

Incorporated in November 1973, Modern Steels Limited was formed with an object to manufacture carbon and alloy steel.
It operates a rolling mill to convert billets into steel rolled products.
While the melting capacity is 1 lac ton per annum (tpa), the rolling mill has a capacity of 50,000 tpa.
The Company has a plant at Mandi Gobindgarh, in Punjab. In 1991-92, the company co-promoted Modern Dairies to set up a dairy project at Karnal, Haryana, to process 3.2 lac ltr pd of milk at an estimated cost of Rs 13.56 cr.
Commercial production of the new company commenced in 1993.

About Tamilnadu Steel Tubes Ltd

Incorporated on July 13, 1979 as a Private Limited Company, Tamil Nadu Steel Tubes Limited (TNT) became a deemed public limited company on 1 April, 1982 and was converted into a Public Limited Company on 15 October, 1986.
The company was promoted under the leadership of Indersain Goyal to manufacture and deal in pipes and tubes such as electric resistance welded black pipes, galvanised pipes, precision pipes, scrap zinc, and metal, etc.
The Company is the pioneer in the products mentioned and also one of the India's leading and fastest growing steel tubes company. The capacity of pipes and tubes were increased from 25000 TPA to 35000 TPA for this the company went into maiden public issue to extent of Rs.248 lacs in 1994. In 1995, the company expanded the activities towards manufacturing of other standard pipes.

FAQs for the comparison of Modern Steels Ltd and Tamilnadu Steel Tubes Ltd

Which company has a larger market capitalization, Modern Steels Ltd or Tamilnadu Steel Tubes Ltd?

Market cap of Modern Steels Ltd is 18 Cr while Market cap of Tamilnadu Steel Tubes Ltd is 11 Cr

What are the key factors driving the stock performance of Modern Steels Ltd and Tamilnadu Steel Tubes Ltd?

The stock performance of Modern Steels Ltd and Tamilnadu Steel Tubes Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for Modern Steels Ltd and Tamilnadu Steel Tubes Ltd?

As of May 31, 2026, the Modern Steels Ltd stock price is INR ₹13.54. On the other hand, Tamilnadu Steel Tubes Ltd stock price is INR ₹21.98.

How do dividend payouts of Modern Steels Ltd and Tamilnadu Steel Tubes Ltd compare?

To compare the dividend payouts of Modern Steels Ltd and Tamilnadu Steel Tubes Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.

Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.