MODISON LIMITED · CashKonnect

About

Modison Limited, together with its subsidiaries, manufactures and sells electrical contacts for low, medium, and high voltage switchgear industries in India and internationally. It provides low voltage electrical contacts, such as silver tin oxide; silver brazing alloy; silver, steel, ni, and cupro nickel backed contracts; fine silver powder and granules; solid and bimetal rivets; silver cadmium oxide; silver graphite; silver inlay, edge lay, overlay, through lay, and top lay in copper and brass; silver tungsten and silver tungsten carbide; silver alloy wires; silver bimetal crown; and silver welded assembly for low voltage electrical contacts. The company also offers medium and high voltage electrical contacts, including eutectic brazing alloys; copper chromium discs; cast on plugs and segments; copper chromium zirconium contacts; copper tungsten and brazed arcing contracts; and electron-beam welding. In addition, it provides precious metal compounds comprising silver oxide, nitrate, and sulphate; and silver bullion products, such as casted silver, minted silver, and silver cutlery. Further, the company offers refining and recovery of precious metals; melting and assaying of silver; silver plating; electron beam welding; and research and development of contract materials for special applications. It serves the industrial motors, transmission and distribution, railway, aerospace, automotive, marine, defense, engineering, life science, and pharmaceutical industries. The company was formerly known as Modison Metals Limited and changed its name to Modison Limited in July 2022. Modison Limited was founded in 1965 and is based in Vapi, India.

Key Metrics

as of Sep 2026

Market Cap1,526 Cr

P/E14.20

Div Yield1.17 %

Book Value₹84.60

52w High₹546.00

52w Low₹114.00

Face Value₹1.00

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Sales	270.00	287.00	144.00	145.00	134.00	130.00	121.00	122.00	116.00	114.00	108.00	97.00	86.00
Expenses	220.00	216.00	125.00	127.00	126.00	115.00	110.00	112.00	108.00	104.00	99.00	90.00	79.00
Operating Profit	50.00	71.00	19.00	18.00	9.00	15.00	11.00	10.00	8.00	9.00	9.00	7.00	7.00
OPM %	19.00	25.00	13.00	13.00	6.00	12.00	9.00	8.00	7.00	8.00	8.00	8.00	8.00
Other Income	2.00	-18.00	13.00	1.00	2.00	2.00	0.00	4.00	-4.00	2.00	0.00	2.00	3.00
Depreciation	2.00	3.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	1.00	1.00
Interest	4.00	3.00	2.00	2.00	2.00	2.00	1.00	2.00	1.00	1.00	1.00	1.00	0.00
Profit before tax	46.00	48.00	27.00	16.00	6.00	13.00	8.00	11.00	2.00	9.00	6.00	8.00	7.00
Tax %	26.00	25.00	26.00	26.00	25.00	27.00	26.00	25.00	32.00	28.00	27.00	26.00	26.00
Net Profit	34.00	36.00	20.00	12.00	5.00	10.00	6.00	8.00	1.00	6.00	4.00	6.00	6.00
EPS in Rs	10.43	11.09	6.18	3.59	1.48	2.94	1.79	2.52	0.35	1.90	1.26	1.73	1.70

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Sales	710.00	490.00	405.00	335.00	340.00	292.00	219.00	201.00	191.00	168.00	171.00
Expenses	592.00	445.00	372.00	310.00	309.00	252.00	192.00	174.00	159.00	142.00	155.00
Operating Profit	118.00	45.00	32.00	25.00	30.00	40.00	27.00	27.00	31.00	26.00	17.00
OPM %	17.00	9.00	8.00	7.00	9.00	14.00	12.00	14.00	16.00	16.00	10.00
Other Income	-3.00	2.00	6.00	-1.00	-2.00	-2.00	0.00	4.00	0.00	1.00	0.00
Interest	9.00	6.00	3.00	2.00	2.00	2.00	2.00	2.00	3.00	4.00	4.00
Depreciation	10.00	8.00	6.00	6.00	7.00	6.00	6.00	6.00	6.00	6.00	7.00
Profit before tax	97.00	34.00	29.00	15.00	20.00	30.00	19.00	24.00	22.00	17.00	7.00
Tax %	25.00	26.00	27.00	27.00	26.00	25.00	20.00	30.00	35.00	37.00	31.00
Net Profit	73.00	25.00	21.00	11.00	15.00	22.00	15.00	16.00	14.00	11.00	5.00
EPS in Rs	22.35	7.61	6.58	3.45	4.51	6.92	4.66	5.05	4.39	3.35	1.42
Dividend Payout %	25.00	46.00	38.00	29.00	22.00	22.00	21.00	30.00	23.00	30.00	53.00

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Equity Capital	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00
Reserves	271.00	213.00	200.00	184.00	173.00	161.00	144.00	124.00	111.00	101.00	94.00
Borrowings	174.00	73.00	32.00	5.00	17.00	12.00	26.00	13.00	18.00	21.00	27.00
Other Liabilities	54.00	30.00	36.00	29.00	21.00	26.00	18.00	22.00	19.00	19.00	23.00
Total Liabilities	503.00	319.00	271.00	222.00	214.00	203.00	191.00	162.00	152.00	145.00	148.00
Fixed Assets	94.00	92.00	79.00	69.00	70.00	62.00	58.00	60.00	60.00	61.00	57.00
CWIP	3.00	4.00	10.00	10.00	3.00	3.00	3.00	1.00	1.00	1.00	2.00
Investments	0.00	0.00	2.00	2.00	2.00	2.00	2.00	0.00	0.00	0.00	0.00
Other Assets	405.00	224.00	181.00	141.00	140.00	135.00	128.00	102.00	91.00	83.00	89.00
Total Assets	503.00	319.00	271.00	222.00	214.00	203.00	191.00	162.00	152.00	145.00	148.00

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Cash from Operating Activity	-64.00	-16.00	-4.00	22.00	14.00	24.00	19.00	19.00	12.00	26.00	13.00
Cash from Investing Activity	-15.00	-9.00	-15.00	-13.00	-11.00	-4.00	-15.00	-8.00	-3.00	-11.00	-6.00
Cash from Financing Activity	80.00	24.00	19.00	-14.00	1.00	-21.00	-3.00	-10.00	-9.00	-15.00	-6.00
Net Cash Flow	0.00	0.00	0.00	-4.00	4.00	-1.00	1.00	0.00	0.00	0.00	0.00
Free Cash Flow	-79.00	-32.00	-20.00	10.00	3.00	18.00	5.00	11.00	9.00	17.00	6.00
CFO/OP %	-36.00	-18.00	12.00	110.00	69.00	77.00	94.00	91.00	66.00	121.00	93.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Debtor Days	82.00	64.00	60.00	58.00	62.00	75.00	75.00	76.00	75.00	63.00	65.00
Inventory Days	152.00	121.00	109.00	109.00	90.00	104.00	146.00	124.00	120.00	132.00	130.00
Days Payable	11.00	9.00	11.00	13.00	9.00	10.00	11.00	16.00	11.00	15.00	11.00
Cash Conversion Cycle	223.00	176.00	158.00	154.00	143.00	168.00	209.00	184.00	184.00	180.00	184.00
Working Capital Days	91.00	92.00	97.00	117.00	105.00	119.00	126.00	119.00	104.00	90.00	81.00
ROCE %	31.00	15.00	12.00	10.00	14.00	20.00	—	17.00	20.00	17.00	—

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	52.23	52.16	52.11	52.11	52.11	52.11	52.11	52.11	52.11	52.11	52.11	52.11
FIIs	0.92	0.48	0.48	0.48	0.48	0.55	0.48	0.53	0.48	0.41	0.00	0.00
DIIs	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.25
Public	46.84	47.35	47.42	47.40	47.40	47.33	47.39	47.35	47.40	47.47	47.88	47.64
No. of Shareholders	21,401	21,079	21,549	21,553	21,115	21,267	21,836	21,670	18,380	19,040	18,205	14,639

Corporate Actions

29 records

Action	Ex Date	Record Date	Ratio	Amount (₹)	Notes
Dividend	14 Jul 2026	14 Jul 2026	—	3.00
Dividend	08 Dec 2025	08 Dec 2025	—	2.50
Dividend	02 Sep 2025	02 Sep 2025	—	2.00
Dividend	21 Feb 2025	21 Feb 2025	—	1.50
Dividend	23 Jul 2024	23 Jul 2024	—	2.00
Other	23 Jul 2024	—	—	—	Annual General Meeting
Dividend	23 Feb 2024	23 Feb 2024	—	0.50
Dividend	17 Jul 2023	—	—	1.00
Other	28 Jun 2022	—	—	—	Annual General Meeting
Dividend	23 Feb 2022	24 Feb 2022	—	1.00
Other	26 Jul 2021	—	—	—	Annual General Meeting
Dividend	11 Feb 2021	13 Feb 2021	—	1.50
Dividend	19 Mar 2020	20 Mar 2020	—	1.00
Dividend	26 Jul 2019	—	—	0.50
Dividend	21 Feb 2019	22 Feb 2019	—	1.00
Dividend	27 Jul 2018	—	—	0.50
Dividend	15 Feb 2018	16 Feb 2018	—	1.00
Dividend	02 Mar 2017	03 Mar 2017	—	1.00
Dividend	16 Mar 2016	17 Mar 2016	—	1.00
Dividend	31 Jul 2015	—	—	0.75
Dividend	28 Aug 2014	—	—	1.25
Dividend	30 Aug 2013	—	—	1.00
Dividend	27 Jul 2012	—	—	1.00
Dividend	15 Jul 2011	—	—	1.00
Dividend	16 Jul 2010	—	—	0.75
Dividend	14 Aug 2009	—	—	0.40
Dividend	14 Aug 2008	—	—	0.40
Dividend	14 Sep 2007	—	—	0.25
Dividend	03 Sep 2001	—	—	1.40

Announcements

5 filings

Clarification On Significant Movement In Price
04 Sep 2026 4 Sep - Modison clarifies recent price-volume movement is market-driven; no undisclosed material information exists.
Clarification sought from Modison Ltd
03 Sep 2026 3 Sep - Exchange has sought clarification from Modison Ltd on September 03, 2026 with reference to significant movement in price, in order to ensure that investors have …
Announcement under Regulation 30 (LODR)-Newspaper Publication
14 Aug 2026 14 Aug - Newspaper Publication-Unaudited Financial Results for Q1/2026-27
Board Meeting Outcome for Held On August 13, 2026
13 Aug 2026 13 Aug - Board approved Q1 FY27 results and sale of Modison HV Private Limited for Rs 27.68 lakh.
Unaudited Financial Results For Quarter Ended June 30, 2026
13 Aug 2026 13 Aug - Board approved Q1 FY27 unaudited results; standalone profit rose to Rs 3,384.35 lakh, revenue Rs 27,046.67 lakh.