Modern Threads I Ltd vs New Light Industries Ltd Stock Comparison
Modern Threads I Ltd vs New Light Industries Ltd Stock Comparison
Last Updated on: Jun 26, 2026
Key Highlights
The Latest Trading Price of Modern Threads (I) Ltd is ₹ 45.85 as of 25 Jun 15:30
. The P/E Ratio of Modern Threads (I) Ltd changed from 8.6 on March 2024 to 38 on March 2025 . This represents a CAGR of 110.20% over 2 yearsThe P/E Ratio of New Light Industries Ltd changed from 270 on March 2021 to 47.2 on March 2025 . This represents a CAGR of -29.45% over 5 years The Market Cap of Modern Threads (I) Ltd changed from ₹ 217.48 crore on March 2024 to ₹ 128.22 crore on March 2025 . This represents a CAGR of -23.22% over 2 yearsThe Market Cap of New Light Industries Ltd changed from ₹ 5.93 crore on March 2021 to ₹ 53.7 crore on March 2025 . This represents a CAGR of 55.38% over 5 years The Revenue of Modern Threads (I) Ltd is ₹ 71.45 crore as of Mar '25
.The Revenue of New Light Industries Ltd is ₹ 0 crore as of Mar '25
. The EBITDA of Modern Threads (I) Ltd is ₹ 4.88 crore as of Mar '25
.The EBITDA of New Light Industries Ltd is ₹ 0 crore as of Mar '25
. The Net Profit of Modern Threads (I) Ltd is ₹ 3.02 crore as of Mar '25
.The Net Profit of New Light Industries Ltd is ₹ 0 crore as of Mar '25
. The Dividend Payout of Modern Threads (I) 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 New Light Industries Ltd changed from 0 % on March 2021 to 0 % on March 2025 . This represents a CAGR of 0.0% over 5 years .
About Modern Threads (I) Ltd
Modern Threads (India) Limited was incorporated in August, 1980 and was jointly promoted by the Rajasthan State Industrial Development & Investment Corporation (RIICO) and H S Ranka for manufacturing industrial yarn and sewing thread.
Since then, Company has diversified into the manufacture of synthetic blended grey, dyed and fancy yarn.
Modern Woollens was started in 1973 as a unit for spinning carpet yarns.
It commenced the business in January, 1982 at the plant located in Raila, in Bhilwara District of Rajasthan.
Very soon, it occupied the slot of the largest manufacturer of carpet yarns in the organized sector.
In 1987, Modem Woollens diversified into manufacturing of all wool and wool-blended worsted yarn in India.
In 1989, Company diversified info manufacturing of wool tops and doubled the production capacity of all wool and wool blended worsted yarn in 2006.
About New Light Industries Ltd
New Light Industries Limited was initially established as a partnership firm as 'New Light Hosiery Manufacturing Works'.
The Company took over the running business of 'New Light Hosiery Manufacturing Works,' the partnership concern of the Promoters.
Thereafter, the Company was incorporated as 'New Light Apparels Limited' on January 3, 1995 Registrar of Companies, Delhi & Haryana.
The name of the Company was subsequently changed to New Light Industries Limited vide fresh Certificate of Incorporation w.e.f.
August 19, 2025.
The Company came out with a public issue of 17,50,000 Equity Shares of Rs 10 each for cash at par aggregating to Rs 1.75 Crore in January, 1996, to meet expansion plan.
Initially, the Company engaged in manufacture of socks with 59 machines in operation.
FAQs for the comparison of Modern Threads (I) Ltd and New Light Industries Ltd
Which company has a larger market capitalization, Modern Threads (I) Ltd or New Light Industries Ltd?
Market cap of Modern Threads (I) Ltd is 159 Cr while Market cap of New Light Industries Ltd is 11 Cr
What are the key factors driving the stock performance of Modern Threads (I) Ltd and New Light Industries Ltd?
The stock performance of Modern Threads (I) Ltd and New Light Industries 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 Threads (I) Ltd and New Light Industries Ltd?
As of June 26, 2026, the Modern Threads (I) Ltd stock price is INR ₹45.85. On the other hand, New Light Industries Ltd stock price is INR ₹1.35.
How do dividend payouts of Modern Threads (I) Ltd and New Light Industries Ltd compare?
To compare the dividend payouts of Modern Threads (I) Ltd and New Light Industries 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.
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