1. India Stocks

  2. •

    Industrial services

  3. •

    Engineering & construction
Modison Limited

Modison Limited

430.95
INR
-22.65
(-4.99%)
31.29EPS
9.71P/E
9.85BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
56.57
52.85
51.83
58.77
61.99
67.88
67.57
89.73
104.44
102.97
124.44
150.82
218.67
260.8
Basic EPS, GAAP
3.75
1.42
3.35
4.4
5.05
5.14
4.66
6.91
4.51
3.44
6.58
7.61
22.35
31.29
Free Cash Flow per Basic Share
-1.11
1.92
5.15
2.67
3.2
-0.45
1.49
5.58
0.55
3.09
-4.58
-9.73
-24.43
- -
Dividend per Share
1.17
1.46
2.11
1.2
1.21
1.81
1.8
1.5
1
- -
1.5
3.5
4.5
- -
Book Value per Share
29.53
30
32.15
35.28
39.09
42.41
45.25
50.72
54.17
57.66
62.68
66.75
84.64
- -
Tangible Book Value per Share
29.37
29.89
32.07
35.21
39.02
42.36
45.21
50.68
54.15
57.65
62.67
66.66
84.55
- -
Basic Weighted Avg Shares
32
32
32
32
32
32
32
32
32
32
32
32
32
32
Sales/Revenue/Turnover
1,836
1,715
1,682
1,907
2,012
2,203
2,193
2,912
3,389
3,341
4,038
4,894
7,096
8,467
Operating Margin (%)
10.78
6.17
11.77
13.11
10.64
10.6
9.72
11.69
7.02
5.52
6.54
7.55
15.43
17.62
Depreciation Expense
62
66
64
64
63
64
62
61
66
63
63
80
97
97
Net Income, GAAP
122
46
109
143
164
167
151
224
146
112
214
247
725
1,016
Effective Tax Rate (%)
33.99
30.74
36.68
- -
- -
- -
19.85
24.73
26.06
27.13
26.69
26.42
25.18
25.51
Profit Margin (%)
6.64
2.68
6.47
7.48
8.15
7.57
6.89
7.71
4.32
3.35
5.29
5.04
10.22
12
Working Capital
395
401
435
562
675
804
787
960
1,023
1,080
1,087
1,246
1,786
- -
LT Debt
8
2
- -
- -
8
4
- -
- -
- -
- -
- -
16
20
- -
Total Equity
958
975
1,044
1,146
1,269
1,376
1,468
1,646
1,758
1,871
2,034
2,166
2,747
- -
Return on Invested Capital (%)
10.67
3.79
8.67
- -
- -
- -
10.08
14.68
8.22
5.92
10.96
10.46
20.79
- -
Return on Capital (%)
10.67
5.4
10.06
- -
- -
- -
9.99
13.68
8.68
6.31
10.87
10.91
21.24
- -
Return on Common Equity (%)
13.22
4.76
10.79
13.04
13.6
12.62
10.63
14.41
8.6
6.16
10.94
11.75
29.53
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
1,725
- -
LT Borrowings
- -
20
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
32
32
32
Market Capitalization
5,001
3,764
9,853

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
3,984
- -
Cash, Cash Equivalents & STI
- -
4
- -
Accounts Receivable, Net
- -
1,600
- -
Inventories
- -
2,198
- -
Total Current Liabilities
- -
2,198
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
1,725
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.29%
11.05%
26.8%
Free Cash Flow
8.88%
77.22%
151.17%
Net Income, GAAP
32.9%
48.43%
193.88%
Sales/Revenue/Turnover
16.27%
20.4%
44.98%
Total Cash Common Dividend
- -
- -
28.57%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1,165
1,225
1,212
1,301
4,894
2026
1,341
1,452
1,437
2,873
7,096
2027
2,705
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.35
2.53
1.79
2.94
7.61
2026
1.48
3.59
6.18
11.09
22.35
2027
10.43
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
3.5
2026
- -
- -
- -
- -
4.5
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Murlidhar Narayan Nikam
Full Time Employees
288
Sector
Industrial services
Industry
Engineering & construction
Address
Plot No. 85 A, B, D, E & 2923, 2924 A&B Mumbai MA India 396195
IPO Date
Jan 31, 2005
Website
modison.com
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Business
Modison Limited manufactures silver-based electrical contact materials and finished contacts for low, medium, high and extra high voltage switchgear applications; silver bullion products including cast silver, minted silver and silver cutlery; high-performance copper alloys such as beryllium copper; and precious metal compounds like silver oxide, silver nitrate and silver sulphate. The company provides value-added services encompassing precious metal refining and recovery, silver plating and melting, silver assaying, electron beam welding, material testing and analysis, custom manufacturing of electrical contacts and alloys, and consultancy for material selection, product design and process optimization. Headquartered in Mumbai, India, and founded in 1965, Modison Limited operates manufacturing facilities in India with a global customer base spanning switchgear, automotive, engineering, aerospace, marine, defense, railways, industrial motors, transmission and distribution, and life sciences sectors. Recent developments include the incorporation of a wholly owned subsidiary, intimation of name change for a 100% wholly owned subsidiary, formation of Modison Contacts Private Limited as a wholly owned subsidiary for business expansion, and initiation of a joint venture process in April 2019 to manufacture tungsten metal products. The company maintains a fully backward-integrated setup from refining to end products across its facilities, employs 256 people, and demonstrates strong financial growth with profit before tax reaching INR 15.68 crore in a recent quarter.