Modison Limited share price

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 voltag…Read more

Website NSE BSE

IndustrialsElectrical Equipment & PartsNSE: MODISONLTDISIN INE737D01021

16 Oct 2026, 3:30 PM IST₹499.25▼ 26.25 (5.00%)

Market Cap₹ 1,620 Cr.
Current Price₹ 499.25
High / Low₹ 546 / 114
Stock P/E16.0
Book Value₹ 85
Dividend Yield1.14 %
ROCE37.0 %
ROE29.50 %
Face Value₹ 1.0

More figures (10)

EPS (TTM)₹ 31.29
Price / Book5.90
OPM15.4 %
Debt / Equity0.64
Sales growth (5Y)19.4 %
Profit growth (5Y)26.4 %
Promoter holding68.2 %
EV / EBITDA11.2
Beta1.18
All-time high₹ 546

Price chart

Price on NSE 50 DMA 200 DMA Volume

Returns	1M	3M	6M	YTD	1Y	3Y CAGR	5Y CAGR
MODISONLTD	+9.71%	+65.07%	+239.53%	+223.43%	+213.64%	+83.49%	+47.20%
Nifty 50	-0.31%	-3.85%	-4.34%	-11.42%	-9.53%	+5.46%	+4.76%

Price returns only (dividends not included). Prices from NSE via Yahoo Finance; may be delayed.

Quick take

Modison Limited is in the Electrical Equipment & Parts industry (Industrials), with a market value of ₹1,620 crore.
It trades at 16.0 times its last 12 months' earnings and 5.9 times book value.
Revenue grew 19.4% a year over the last 5 years, profit 26.4% a year.
Return on equity was 29.5% and return on capital employed 37.0% in the latest year.
Debt was 0.64 times shareholders' equity.
The share price is 8.6% below its 52-week high and up 213.6% over one year.
Promoters and insiders hold about 68.2%; institutions about 0.0%.

Pros

Sales have grown 19.4% a year over the last 5 years.
Profit has grown 26.4% a year over the last 5 years.
Latest quarter (Sep 2026): sales up 92% and profit up 100% from a year ago.
Healthy return on equity of 17.4% on average over the last 3 years.
Trades at 16.0 times earnings, below its 3-year median of 20.3.

Cons

No standout weaknesses in the reported figures.

Pros and cons are generated automatically from the reported figures. They are observations, not a recommendation to buy or sell.

AI analysis

Plenitude AI reads the figures on this page and explains them in plain language. It does not say whether to buy or sell.

About Modison Limited

Employees: 288
Head office: Vapi

IndustrialsElectrical Equipment & Parts

S.No.	Company	CMP ₹	P/E	Mar Cap ₹ Cr	Div Yld %	NP Qtr ₹ Cr	Qtr Profit Var %	Sales Qtr ₹ Cr	Qtr Sales Var %	ROCE %	ROE %	P/B	OPM %	Debt / Eq	Prom. Hold. %	Sales ₹ Cr	Sales Var 3Yrs %
1.	Modison	499.25	16.0	1,620	1.14	23	99.74	279	92.22	37.0	29.5	5.90	15.4	0.64	68.18	710	19.4
2.	CG Power and Industrial Solutions	846.00	106.7	1,33,285	0.16	313	15.09	3,281	19.18	19.3	20.4	16.72	11.8	0.01	60.00	12,280	21.2
3.	Hitachi Energy India	28,990.00	112.3	1,29,215	0.03	294	59.96	2,441	32.65	24.9	21.0	24.96	14.8	0.02	71.54	7,918	22.2
4.	Polycab India	8,219.00	39.2	1,23,807	0.57	784	7.94	8,210	17.52	30.4	24.5	9.46	13.1	0.37	64.41	28,270	26.6
5.	Havells India	1,121.00	43.5	70,350	1.08	290	-43.92	6,518	-0.39	22.1	19.0	7.44	8.4	0.03	63.52	22,288	9.9
6.	Finolex Cables	1,367.70	26.1	20,918	0.65	249	53.14	2,013	44.26	14.2	12.3	3.44	9.4	0.00	58.64	6,321	11.8
7.	Amara Raja Energy & Mobility	743.00	14.8	13,599	1.44	191	18.18	4,215	37.73	14.2	11.6	1.68	6.6	0.05	33.27	13,760	10.0
8.	S&S Power Switchgear	282.65	43.2	349	0.00	-0	-114.64	71	19.98	7.1	12.8	3.91	3.0	0.44	77.02	264	23.6
9.	Indo National	312.35	—	234	1.21	2	96.14	116	-2.76	-7.1	-7.1	0.77	-6.6	0.13	71.17	452	-7.5
	Median: 9 Co.	846.00	41.2	20,918	0.65	249	18.18	2,441	19.98	19.3	19.0	5.90	9.4	0.05	64.41	7,918	19.4

Companies in the same industry; the median covers every company in it that we hold figures for. Tap a heading to sort. Sorting and comparing are ways to explore data, not recommendations.

Quarterly Results

Consolidated figures in ₹ crore /

₹ Cr	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
	97	108	114	116	122	121	130	134	145	144	287	270	279
YOY Sales Growth %	21.22%	39.10%	29.91%	35.36%	26.07%	12.47%	14.51%	15.16%	18.52%	18.56%	120.90%	101.64%	92.22%
	90	99	104	108	112	110	115	126	127	125	216	220	248
Material Cost %	79%	80%	79%	82%	79%	78%	76%	82%	77%	76%	69%	76%	83%
Employee Cost %	5%	5%	5%	5%	5%	5%	5%	5%	4%	5%	2%	3%	2%
Other Expenses %	8%	7%	8%	6%	7%	8%	7%	6%	6%	6%	4%	3%	4%
Operating Profit	7	9	9	8	10	11	15	9	18	19	71	50	31
OPM %	8%	8%	8%	7%	8%	9%	12%	6%	13%	13%	25%	19%	11%
	0	0	0	0	2	0	2	3	0	1	2	3	3
Exceptional items	2	-1	1	-4	2	-0	0	-1	1	12	-20	-0	4
Interest	1	1	1	1	2	1	2	2	2	2	3	4	5
Depreciation	1	2	2	2	2	2	2	2	2	2	3	2	2
Profit before tax	8	6	9	2	11	8	13	6	16	27	48	46	31
	26%	27%	28%	32%	25%	26%	27%	25%	26%	26%	25%	26%	24%
Current tax	2	2	2	0	3	1	3	2	4	7	12	11	8
Deferred tax	0	-0	1	0	0	1	0	-0	0	-0	-0	1	-1
	6	4	6	1	8	6	10	5	12	20	36	34	23
YOY Profit Growth %	1,113.78%		-19.69%	-79.18%	45.93%	42.61%	54.82%	318.71%	42.39%	245.23%	277.66%	603.68%	99.74%
EPS in Rs	1.73	1.26	1.90	0.35	2.53	1.79	2.94	1.48	3.59	6.18	11.09	10.43	7.18
Raw filing

₹ Cr	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
	97	108	114	116	122	121	130	134	145	144	287	270	279
YOY Sales Growth %	21.22%	39.10%	29.91%	35.36%	26.07%	12.47%	14.51%	15.16%	18.52%	18.56%	120.90%	101.64%	92.22%
	90	99	104	108	112	110	115	126	127	125	216	220	248
Material Cost %	79%	80%	79%	82%	79%	78%	76%	82%	77%	76%	69%	76%	83%
Employee Cost %	5%	5%	5%	5%	5%	5%	5%	5%	4%	5%	2%	3%	2%
Other Expenses %	8%	7%	8%	6%	7%	8%	7%	6%	6%	6%	4%	3%	4%
Operating Profit	7	9	9	8	10	11	15	9	18	19	71	50	31
OPM %	8%	8%	8%	7%	8%	9%	12%	6%	13%	13%	25%	19%	11%
	0	0	0	0	2	0	2	3	0	1	2	3	3
Exceptional items	2	-1	1	-4	2	-0	0	-1	1	12	-20	-0	4
Interest	1	1	1	1	2	1	2	2	2	2	3	4	5
Depreciation	1	2	2	2	2	2	2	2	2	2	3	2	2
Profit before tax	8	6	9	2	11	8	13	6	16	27	48	46	31
	26%	27%	28%	32%	25%	26%	27%	25%	26%	26%	25%	26%	24%
Current tax	2	2	2	0	3	1	3	2	4	7	12	11	8
Deferred tax	0	-0	1	0	0	1	0	-0	0	-0	-0	1	-1
	6	4	6	1	8	6	10	5	12	20	36	34	23
YOY Profit Growth %	1,129.42%		-19.75%	-79.18%	45.98%	42.55%	55.01%	318.64%	42.41%	245.31%	277.79%	604.98%	100.08%
EPS in Rs	1.73	1.26	1.90	0.35	2.53	1.79	2.94	1.48	3.59	6.18	11.10	10.43	7.19
Raw filing

Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Latest quarter on the right.

Profit & Loss

Consolidated figures in ₹ crore /

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
	292	340	335	405	490	710	981
YOY Sales Growth %		16.23%	-1.42%	20.87%	21.18%	44.89%
	252	309	310	373	445	592	809
Material Cost %	72%	78%	79%	79%	79%	74%	76%
Employee Cost %	6%	5%	6%	5%	5%	4%	3%
Other Expenses %	8%	7%	8%	8%	7%	5%	4%
Operating Profit	40	30	24	32	45	118	171
OPM %	14%	9%	7%	8%	9%	17%	17%
	2	2	2	1	3	6	9
Exceptional items	-4	-4	-3	6	-1	-8	-5
Interest	2	2	2	3	6	9	14
Depreciation	6	7	6	6	8	10	10
Profit before tax	30	20	15	29	34	97	151
	25%	26%	27%	27%	26%	25%	25%
Current tax	8	5	5	7	8	25
Deferred tax	-1	-0	-1	1	1	-0
	22	15	11	21	25	73	113
YOY Profit Growth %		-34.79%	-23.61%	91.13%	15.54%	193.88%
EPS in Rs	6.91	4.51	3.44	6.58	7.61	22.35	34.88
Dividend Payout %				23%	46%	20%

Compounded Sales Growth

5 Years:: 19%
3 Years:: 29%
TTM:: 85%

Compounded Profit Growth

5 Years:: 26%
3 Years:: 87%
TTM:: 256%

Stock Price CAGR

5 Years:: 47%
3 Years:: 83%
1 Year:: 214%

Return on Equity

4 Years:: 15%
Last Year:: 30%

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
	292	340	335	405	490	710	981
YOY Sales Growth %		16.23%	-1.42%	20.87%	21.18%	44.89%
	252	309	310	373	445	592	809
Material Cost %	72%	78%	79%	79%	79%	74%	76%
Employee Cost %	6%	5%	6%	5%	5%	4%	3%
Other Expenses %	8%	7%	8%	8%	7%	5%	4%
Operating Profit	40	30	24	32	45	118	172
OPM %	14%	9%	7%	8%	9%	17%	17%
	2	2	1	1	3	6	9
Exceptional items	-4	-4	-3	6	-1	-8	-5
Interest	2	2	2	3	6	9	14
Depreciation	6	7	6	6	8	10	10
Profit before tax	30	20	15	29	34	97	152
	25%	26%	27%	27%	26%	25%	25%
Current tax	8	5	5	7	8	25
Deferred tax	-1	-0	-1	1	1	-0
	22	15	11	21	25	73	113
YOY Profit Growth %		-34.83%	-23.57%	91.03%	15.63%	193.97%
EPS in Rs	6.91	4.51	3.44	6.58	7.61	22.36	34.90
Dividend Payout %		22%		23%	46%	20%

Compounded Sales Growth

5 Years:: 19%
3 Years:: 29%
TTM:: 85%

Compounded Profit Growth

5 Years:: 26%
3 Years:: 87%
TTM:: 256%

Stock Price CAGR

5 Years:: 47%
3 Years:: 83%
1 Year:: 214%

Return on Equity

4 Years:: 15%
Last Year:: 30%

Financial years ending March; TTM = the last four quarters. Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Dividend payout = dividends paid in the year ÷ net profit.

Balance Sheet

Consolidated figures in ₹ crore, as at 31 March

₹ Cr	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	3	3	3	3
Reserves	184	200	213	271
	5	32	73	174
Long term borrowings			2	2
Short term borrowings	5	32	71	172
	29	36	30	54
Trade payables	9	10	10	16
Current liabilities	28	62	94	220
Total Liabilities	222	271	319	503
	76	89	96	100
Gross block	117	136	151	163
Accumulated depreciation	41	47	55	63
Goodwill & intangibles	0	0	0	0
CWIP	10	14	7	9
	135	168	216	394
Inventories	79	96	127	220
Trade receivables	53	66	86	160
Cash & equivalents	0	1	0	0
Current assets	136	171	219	398
Total Assets	222	271	319	503

Source: Yahoo Finance (compiled from the annual reports). Tap a row marked + for its breakdown.

Cash Flows

Consolidated figures in ₹ crore, financial years ending March

₹ Cr	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	22	1	-16	-64
Profit for the year	11	21	25	73
Working capital changes	0	-27	-53	-167
Direct taxes paid	-5	-8	-8	-22
	-13	-20	-9	-15
Fixed assets purchased	-12	-16	-15	-15
Fixed assets sold	0	0	0	0
Investments purchased	-0			-9
Investments sold	0	0	2	8
	-14	19	24	80
Interest paid	-1	-2	-5	-7
Dividends paid		-5	-11	-15
Net Cash Flow	-4	0	-0	0
Free Cash Flow	10	-15	-32	-79

Free cash flow = cash from operations − capital expenditure. Source: Yahoo Finance.

Ratios

Ratio	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
ROE	—	6.0%	10.9%	11.8%	29.5%
ROCE	—	8.6%	15.2%	17.3%	37.0%
Operating margin	—	5.5%	6.5%	7.6%	15.4%
Net margin	—	3.3%	5.3%	5.0%	10.2%
Debt / equity	—	0.03	0.16	0.34	0.64
Current ratio	—	4.80	2.74	2.32	1.81
Debtor days	—	58	60	64	82
Inventory days	—	106	107	118	149
Days payable	—	12	11	9	11
Cash conversion cycle	—	152	156	173	220
Working capital days	—	118	98	93	92

Computed from the reported statements: ROE on average equity; ROCE = EBIT / (total assets − current liabilities). Debtor days = receivables ÷ sales × 365; inventory and payable days use cost of goods sold; cash conversion cycle = debtor + inventory − payable days; working capital days = (current assets − current liabilities) ÷ sales × 365.

Shareholding Pattern

Numbers in percentages · as filed with NSE each quarter

Promoters 52.23%
FIIs 1.27%
Public 46.51%

%	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	52.11%	52.11%	52.11%	52.11%	52.11%	52.11%	52.11%	52.11%	52.11%	52.16%	52.23%	52.23%
		0.41%	0.48%	0.53%	0.48%	0.56%	0.48%	0.48%	0.48%	0.48%	0.92%	1.27%
Foreign portfolio investors (Cat. I)		0.41%	0.48%	0.53%	0.48%	0.54%	0.48%	0.48%	0.48%	0.48%	0.92%	0.42%
Foreign portfolio investors (Cat. II)						0.01%						0.85%
	47.89%	47.48%	47.41%	47.35%	47.41%	47.33%	47.40%	47.41%	47.41%	47.35%	46.85%	46.51%
Retail (up to ₹2 lakh)	25.77%	26.10%	25.70%	25.67%	25.78%	25.67%	25.79%	25.89%	26.64%	26.10%	25.92%	26.65%
HNIs (above ₹2 lakh)	19.16%	18.50%	18.50%	18.50%	18.50%	18.47%	18.43%	18.19%	17.55%	17.55%	17.31%	16.30%
NRIs	0.73%	0.70%	0.68%	0.71%	0.67%	0.61%	0.69%	0.78%	0.78%	0.81%	0.86%	0.84%
Bodies corporate	0.62%	0.59%	0.87%	0.65%	0.62%	0.65%	0.65%	0.70%	0.69%	0.78%	1.12%	1.27%
IEPF	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%
No. of Shareholders	18,205	19,040	18,380	21,670	21,836	21,267	21,115	21,553	21,549	21,079	21,401	23,008

Source: shareholding patterns filed by the company with NSE. Public = non-institutional holders. Tap a row marked + for its breakdown.

Documents

Announcements

All announcements on NSE →

Annual reports

Credit ratings

Concalls & investor meets

Filings made by the company with NSE; documents open on NSE's website.

Key dates

Ex-dividend date: 14 Jul 2026
Latest quarter: 30 Jun 2026
Financial year end: 31 Mar 2026

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Latest news

In the news

Does Modison (NSE:MODISONLTD) Deserve A Spot On Your Watchlist?Simply Wall Street · 18 Sep 2026

From the company (NSE)

Headlines from news publishers (via Google News) and the filings of the company with NSE; they open on the source website. Headlines with price targets or buy/sell calls are left out. News is for information only and is not a recommendation.

Questions about Modison Limited

What is the share price of Modison Limited today?

Modison Limited (MODISONLTD) last traded at ₹499.25 on NSE (16 Oct 2026, 3:30 PM IST). Prices may be delayed.

What is the market cap of Modison Limited?

About ₹1,620 crore at the latest price.

What is the P/E ratio of Modison Limited?

About 16.0 times its earnings over the last 12 months.

Is Modison Limited a good investment?

We do not give views on individual shares. Whether any share suits you depends on your goals, time horizon and risk appetite; for long-term goals, a diversified mutual fund is often a simpler way to own shares. Investments in securities markets are subject to market risks.

How can I buy Modison Limited shares?

You need a trading and demat account with a SEBI-registered stock broker. We can help you open one through Parshvanath Investments, an Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539). We provide execution and account service only, not tips or research.

Important. Prices from NSE via Yahoo Finance. Quarterly and annual results, shareholding and documents are taken from the filings the company made with NSE; balance sheet, cash flow and valuation figures are compiled by Yahoo Finance; ratios are computed by us from them. Figures may be delayed or revised. This page is for information only: it is not research, a recommendation or an offer to buy or sell any security. Investments in securities markets are subject to market risks; read all related documents carefully before investing. Plenitude Connect Private Limited is an AMFI-registered Mutual Fund Distributor (ARN-130934); share broking is offered through Parshvanath Investments, Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539).

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Modison Limited share price

Price chart

Quick take

Pros

Cons

AI analysis

About Modison Limited

Peer comparison

Quarterly Results

Profit & Loss

Projection — your assumptions

Related party transactions

Compounded Sales Growth

Compounded Profit Growth

Stock Price CAGR

Return on Equity

Compounded Sales Growth

Compounded Profit Growth

Stock Price CAGR

Return on Equity

Balance Sheet

Cash Flows

Ratios

Shareholding Pattern

Documents

Announcements

Annual reports

Credit ratings

Concalls & investor meets

Key dates

Trade with our broking desk

Latest news

In the news

From the company (NSE)

Questions about Modison Limited

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