Modern Malleables Ltd

Key Stats

Day's Price Range
52-Week Price Range

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 34
Rank 34
Rank 43
Dividend Yield
Rank 21
Rank 17
Price To Book Ratio
Rank 26
Debt To Asset
Rank 43

Company Information

Modern Malleables MML began as a partnership firm in 1956 called Modern Malleable Casting Works serving the needs of electrical utilities and the Railways for cast forged and machinery items. MML turned into a limited company in 1989. It manufactures power line products for EHV transmission and distribution line hardware ACSR/AAC conductor accessories and fittings conductor spacers dampers and spacerdampers. The Calcuttabased company Modern Malleables MML signed an memorandum of understanding with Deutsche Aerospace Germany a subsidiary of Daimler Benz for setting up a solar power plant in Maharashtra. The forthcoming project will cater to the needs and requirements of various projects on solar lanterns solar pumps telecommunications railway signalling traffic signals gridinteractive panels and systems for defence applications. An another collaboration with Angelo Marinelli Italy for stateofart technology for turnkey construction of overhead electrical transmission lines and latest computer aided cost effective tower designs.It has ventured into turnkey construction of overhead power lines and bagged a contract of 260 km long turnkey transmission line construction from Nepal Electricity Authority Kathmandu. It also plans to enter into the production of optic fibre cables.MMLs RD wing is recognised by the Department of Scientific Industrialresearch Ministry of Science Technology Government of India. Its Damper analysis RD has been certified by IIT Mumbai as one of the best facilities in the world. The companys products are exported to middleeast Asia Europe Africa the US Bangladesh Phillippiness etc. It is also a recognised Export House by the Government of India.During 199596 the company is now expecting further contract for construction of 400 Kv Double Circuit Transmission Line against bids made by your company the order is to be likely received by October1996. The company has also been accredited with ISO 9002 Certification in this feild of activity.In 199596 the company has earned foreign exchange worth Rs. 69.36 cr.
OrganisationModern Malleables Ltd
IndustryCapital Goods - Electrical Equipment