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    Industrial services

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    Engineering & construction
Modison Limited

Modison Limited

402.90
INR
-25.20
(-5.89%)
31.29EPS
9.51P/E
9.66BMarket Cap
Modison Limited
NSE:MODISONLTD
(National Stock Exchange of India)

Recent

price

402.90

P/E

ratio

9.51

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
39.11
50.11
49.03
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
Revenue per Share
4.88
4.93
2.02
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
Basic EPS, GAAP
0.16
-2.67
3.52
-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
- -
Free Cash Flow per Basic Share
0.87
1.16
1.16
1.17
1.46
2.11
1.2
1.21
1.81
1.8
1.5
1
- -
1.5
3.5
4.5
- -
Dividend per Share
22.69
26.43
27.26
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
- -
Book Value per Share
22.6
26.3
27.12
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
- -
Tangible Book Value per Share
32
32
32
32
32
32
32
32
32
32
32
32
32
32
32
32
32
Basic Weighted Avg Shares
1,269
1,626
1,591
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
Sales/Revenue/Turnover
19.6
15.83
8.1
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
Operating Margin (%)
46
53
60
62
66
64
64
63
64
62
61
66
63
63
80
97
97
Depreciation Expense
158
160
66
122
46
109
143
164
167
151
224
146
112
214
247
725
1,016
Net Income, GAAP
33.15
32.46
36.2
33.99
30.74
36.68
- -
- -
- -
19.85
24.73
26.06
27.13
26.69
26.42
25.18
25.51
Effective Tax Rate (%)
12.48
9.83
4.12
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
Profit Margin (%)
324
350
326
395
401
435
562
675
804
787
960
1,023
1,080
1,087
1,246
1,786
- -
Working Capital
21
24
30
8
2
- -
- -
8
4
- -
- -
- -
- -
- -
16
20
- -
LT Debt
736
858
885
958
975
1,044
1,146
1,269
1,376
1,468
1,646
1,758
1,871
2,034
2,166
2,747
- -
Total Equity
22.57
17.91
6.19
10.67
3.79
8.67
- -
- -
- -
10.08
14.68
8.22
5.92
10.96
10.46
20.79
- -
Return on Invested Capital (%)
22.57
19.94
6.19
10.67
5.4
10.06
- -
- -
- -
9.99
13.68
8.68
6.31
10.87
10.91
21.24
- -
Return on Capital (%)
23.41
20.05
7.53
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
- -
Return on Common Equity (%)

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
5,009
3,759
9,659

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
- -
- -
- -
- -
- -
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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.