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Modison Limited MODISONLTD NSEINFRA

Industrials · Electrical Equipment & Parts · India
https://www.modisonltd.com

Modison Limited, together with its subsidiaries, manufactures and sells electrical contacts for low, medium, and high voltage switchgear industries in India and internationally. The company offers 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. It also provides 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, the company offers precious metal compounds comprising silver oxide, nitrate, and sulphate; and silver bullion products, such as casted silver, minted silver, and silver cutlery. Further, it provides 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. The company 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.

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₹284.60
+89.57% 1Y

Market & Price

Market Cap
₹923.53 Cr
Current Price
₹284.60
High / Low (52W)
₹284.60 / ₹114.59
Beta
-

Valuation

Stock P/E
12.74
Industry PE
27.78
Forward P/E
-
PEG Ratio
-
Book Value
₹69.74
Price to Book
4.08
P/S
4.16
EV/EBITDA
40.68
Dividend Yield
1.76%

Profitability & Returns

ROCE
37.34%
ROE
-
ROA
-
Profit Margin
6.91%
Op Margin
23.96%
EPS (Latest Qtr)
₹11.09
EPS (TTM)
₹22.34

Balance Sheet & Liquidity

Debt/Equity
0.64
Quick Ratio
-
Current Ratio
-
Debt
₹174.47 Cr
Total Assets
₹502.78 Cr
Current Assets
₹398.38 Cr
Working Capital
₹178.60 Cr

Ownership

Promoter Holding
69.73%
Chg in Prom Hold
-
FII / Inst Holding
0.00%
Chg in FII Hold
-

Financial Snapshot

Enterprise Value
₹1,096.90 Cr
Total Revenue (TTM)
₹222.09 Cr
EBITDA
₹26.96 Cr
Free Cash Flow
-
Operating Cash Flow
-
Shares Outstanding
₹3.25 Cr
Gross Margin
29.21%
Payout Ratio
20.13%

Growth (CAGR)

Revenue 5Y
28.58%
Profit 5Y
86.53%
Revenue (YoY)
120.90%
Earnings (YoY)
277.20%

PROS

  • Healthy ROCE of 37.3%.
  • Compounding revenue at 28.6% over 5 years.
  • Profit CAGR of 86.5% over 5 years.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

  • RSI at 91 suggests overbought conditions.

* The pros and cons are auto-generated from financial metrics.

Price Chart

NSE TradingView Screener.in

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Industrials).

#NameCMP ₹P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 MODISONLTD Modison Limited NSEINFRA 284.60 12.74 ₹923.53 Cr 1.76% 37.34% - 28.58% 86.53%
2 LT Larsen & Toubro Limited NIFTY50NSEAIINFRA 4,076.50 34.84 ₹5.61 L Cr 0.93% 14.55% 16.95% 16.09% 15.38%
3 ADANIPORTS Adani Ports and Special Economic Zone Limited NIFTY50NSEINFRA 1,804.60 30.96 ₹4.16 L Cr 0.42% 11.02% 15.59% 22.93% 34.11%
4 HAL Hindustan Aeronautics Limited NSEAIDEFENCEINFRAPSU 4,303.80 31.55 ₹2.88 L Cr 1.16% 13.80% 23.98% 7.87% 16.08%
5 POWERINDIA Hitachi Energy India Limited NIFTY_MIDNSEINFRA 38,445.00 172.41 ₹1.71 L Cr 0.02% 24.92% 21.04% 22.24% 119.12%
6 INDIGO InterGlobe Aviation Limited NSEINFRA 4,405.00 - ₹1.70 L Cr 0.24% 15.53% - 44.12% 72.60%
7 CUMMINSIND Cummins India Limited NSEINFRA 5,881.00 68.97 ₹1.63 L Cr 1.12% 34.95% 29.45% 16.07% 24.35%
8 CGPOWER CG Power and Industrial Solutions Limited NSEINFRA 917.45 118.99 ₹1.44 L Cr 0.14% 19.35% 19.56% 21.67% 7.81%
9 POLYCAB Polycab India Limited NIFTY_MIDNSEAIINFRA 9,477.50 53.48 ₹1.43 L Cr 0.37% 30.44% 24.58% 26.57% 28.11%
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Quarterly Results

Figures in INR.

Metric Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue -121.21 Cr130.07 Cr134.14 Cr145.16 Cr143.71 Cr287.32 Cr
Cost of Revenue -94.48 Cr99.50 Cr110.53 Cr111.44 Cr108.78 Cr198.40 Cr
Gross Profit -26.73 Cr30.57 Cr23.61 Cr33.73 Cr34.94 Cr88.92 Cr
Operating Expenses -17.67 Cr17.61 Cr17.32 Cr17.68 Cr18.42 Cr20.09 Cr
Operating Income -9.06 Cr12.96 Cr6.28 Cr16.05 Cr16.51 Cr68.83 Cr
EBITDA -11.29 Cr17.14 Cr10.77 Cr19.71 Cr31.57 Cr53.26 Cr
Interest Expense -1.32 Cr1.69 Cr2.07 Cr1.63 Cr2.10 Cr2.91 Cr
Pretax Income -7.86 Cr13.04 Cr6.42 Cr15.68 Cr27.05 Cr47.80 Cr
Tax Provision -2.05 Cr3.51 Cr1.61 Cr4.02 Cr6.99 Cr11.80 Cr
Net Income -5.81 Cr9.53 Cr4.81 Cr11.66 Cr20.06 Cr36.00 Cr
Diluted EPS -1.792.941.483.596.1811.09

Profit & Loss (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue -334.14 Cr403.80 Cr490.24 Cr710.33 Cr
Cost of Revenue -270.19 Cr328.99 Cr386.06 Cr529.14 Cr
Gross Profit -63.94 Cr74.82 Cr104.18 Cr181.19 Cr
Operating Expenses -45.51 Cr48.40 Cr67.00 Cr72.92 Cr
Operating Income -18.43 Cr26.41 Cr37.19 Cr108.27 Cr
EBITDA -23.00 Cr37.95 Cr47.39 Cr115.31 Cr
Interest Expense -1.34 Cr2.54 Cr5.83 Cr8.71 Cr
Pretax Income -15.34 Cr29.14 Cr33.55 Cr96.95 Cr
Tax Provision -4.16 Cr7.78 Cr8.86 Cr24.42 Cr
Net Income -11.18 Cr21.36 Cr24.68 Cr72.54 Cr
Diluted EPS 4.513.446.587.61-

Compounded Sales Growth

5 Years:28.58%
1 Year:120.90%

Compounded Profit Growth

5 Years:86.53%
1 Year:277.20%

Stock Price Performance

1 Year:+89.57%
6 Months:+104.98%
3 Months:+104.81%
1 Month:+71.73%

Balance Sheet (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets -221.50 Cr271.24 Cr319.26 Cr502.78 Cr
Current Assets -136.38 Cr171.07 Cr219.02 Cr398.38 Cr
Cash & Equivalents -47.94 L56.88 L13.50 L14.12 L
Inventory -78.52 Cr96.11 Cr127.48 Cr219.80 Cr
Receivables -52.74 Cr66.20 Cr86.13 Cr159.97 Cr
Total Liabilities -34.40 Cr67.83 Cr102.66 Cr228.12 Cr
Current Liabilities -28.43 Cr62.36 Cr94.45 Cr219.78 Cr
Long Term Debt -001.60 Cr2.00 Cr
Total Debt -5.00 Cr31.71 Cr72.76 Cr174.47 Cr
Total Equity -187.10 Cr203.40 Cr216.61 Cr274.66 Cr
Shares Outstanding -3.25 Cr3.25 Cr3.25 Cr3.25 Cr

Cash Flows (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow -22.49 Cr99.18 L-16.10 Cr-64.19 Cr
Investing Cash Flow --12.58 Cr-20.28 Cr-8.62 Cr-15.45 Cr
Financing Cash Flow --13.76 Cr19.38 Cr24.29 Cr79.64 Cr
Capital Expenditure --12.48 Cr-15.85 Cr-15.47 Cr-15.10 Cr
Free Cash Flow -10.01 Cr-14.85 Cr-31.57 Cr-79.29 Cr
Net Change in Cash --3.84 Cr8.94 L-43.37 L62,000

Ratios (Annual)

Figures in %.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Gross Margin % -19.1%18.5%21.3%25.5%
Operating Margin % -5.5%6.5%7.6%15.2%
Net Margin % -3.3%5.3%5.0%10.2%
ROE % -6.0%10.5%11.4%26.4%
ROCE % -9.5%12.6%16.5%38.3%

Shareholding Pattern

Insiders
69.73%
Institutions
0.00%
Public Float
0.00%

Analyst View

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