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Modison share price & results

Modison· Capital Goods· Industrials

Results to
Sept 2026
Ownership as of
Sept 2026

Mumbai-headquartered manufacturer of silver and copper electrical contacts for LV, MV, HV & EHV switchgear, plus precious-metal compounds and B2C bullion/cutlery products.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue279 ₹ crore+92.4% YoYQuarterly, as filedQuarter to Sept 2026Revenue from operations as filed.
Operating margin11.0 %−2.0 pts YoYOperating profit / revenueQuarter to Sept 2026For the quarter; a change is in percentage points.
Net profit23.0 ₹ crore+91.7% YoYQuarterly, as filedQuarter to Sept 2026Profit after tax as filed.
Return on equity36.02 %+19.8 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Sept 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin-11.13 %−4.7 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)84.91 %+23.9 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Sept 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Sept 2026

Price

₹389.7 +1.80% · +₹6.9

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance +151.6% 1Y

₹100₹200₹300₹400₹500Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26

1Y: ₹154.89 on 24 Oct 2025 → ₹389.7. High ₹545.3 (14 Oct 2026), low ₹114.59 (23 Mar 2026).

Previous close
₹382.8
Market cap
₹1.2k Cr
52-week range
₹114.59 – ₹545.3
One year
+154.61%
Price to earnings (TTM to Sept 2026)
10.71×
Return on equity (TTM to Sept 2026)
36.02%

Overview

Symbol
NSE:MODISONLTD
Industry
Industrials
Exchange
NSE
Currency
INR

What Modison does

Based on the company's own presentations, annual report and earnings calls.

Modison Limited manufactures electrical contact materials and finished contacts — silver, copper-tungsten and copper-chromium alloy based — used inside switchgear for the power, electrical T&D, defence, railways, pharma and glass industries, covering Low, Medium, High and Extra-High Voltage applications under one roof. It also produces precious-metal compounds such as silver nitrate, silver sulphate and silver oxide, and runs a silver/copper refining operation feeding a B2C bullion and cutlery business under the Pearl, Empire, Italia and Victoria brands. Manufacturing is carried out at two plants — Modison Ltd at Vapi, Gujarat and group company Modison Copper Pvt Ltd at Silvassa — with products exported to customers across North America, South America, Europe, the Middle East and Asia. The company began in 1975 as a silver-refining unit and commenced electrical-contact manufacturing in 1978.

Segments

  • Low Voltage (LV) contacts
  • Medium Voltage (MV) contacts
  • High Voltage (HV) contacts
  • Precious Metal Compounds
  • B2C bullion & cutlery
Manufacturing plants
2 (Modison Ltd, Vapi, Gujarat; Modison Copper Pvt Ltd, Silvassa)
Manufacturing built-up area
~18,119 sq mt combined (11,783 sq mt at Vapi + 6,336 sq mt at Silvassa)
HV contact production capacity
0.4 million arcing contacts
LV processing capacity
1,000 MT (fully automated line)
MV compacting press capacity
400 tonnes
Export footprint
20+ countries across North America, South America, Europe, Middle East and Asia
Founded 1975Headquarters Mumbai, Maharashtra, IndiaEmployees 500 (FY24) Company website

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