Modison Ltd Stock Analysis

BSE: 506261 | NSE: MODISONLTD | Electric Equipment | Small Cap

BSE Share Price 27-Mar-2023 18:01
54.18 -1.56 (-2.80%)

DeciZen - Make an Informed Decision on Modison

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity

1. Quality

2. Valuation

Somewhat Undervalued

3. Price Trend

Modison Price Chart

P/E Ratio ( SA) :
22.00
Market Cap :
180.9 Cr.
52-wk low :
49.6
52-wk high :
80.7
Bole Toh?

1. Is Modison Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Modison Ltd is a average quality company.

2. Is Modison Ltd undervalued or overvalued?

The key valuation ratios of Modison Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

3. Is Modison Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Modison Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Modison:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Modison Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 8%11.5%6.1%10.3%13%11.1%11%10.5%15%9.7%-
Value Creation Index -0.4-0.2-0.6-0.3-0.1-0.2-0.2-0.30.1-0.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 159184171168191201220219292340347
YoY Gr. Rt. %-15.4%-6.6%-1.9%13.4%5.5%9.5%-0.5%33.2%16.2%-
Adj EPS 23.51.53.24.54.24.54.97.65.12.5
YoY Gr. Rt. %-75.3%-56.2%110.5%40.6%-6.2%7.6%7.9%54.7%-33.3%-
BVPS (₹) 27.129.429.93235.23942.345.250.654.155.1
Adj Net Profit 6.411.34.910.414.613.714.715.924.616.48
Cash Flow from Ops. 23.82.612.726.412.518.63.819.323.814.2-
Debt/CF from Ops. 1102.10.81.50.75.61.30.51.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 8.8%12.2%15.5%16.2%
Adj EPS 11%2.4%3.7%-33.3%
BVPS 898.56.8
Share Price 5.4% -0.8% 30.2% -24.9%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 7.412.25.110.313.411.311.111.215.89.74.6
Op. Profit Mgn % 12.113.91015.516.513.513.512.413.796.4
Net Profit Mgn % 46.12.96.27.76.86.77.38.44.82.4
Debt to Equity 0.30.30.30.20.20.10.20.20.10.1-
Working Cap Days 1961601681661491681812031631450
Cash Conv. Cycle 1301231421331221421531681331230

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 15.51%

Return on Equity has declined versus last 3 years average to 4.60%

Net Profit has been subdued in last 3 years 3.68%

Sales growth is not so good in last 4 quarters at 3.11%

Latest Financials - Modison Ltd.

Standalone Consolidated
TTM EPS (₹) 2.5 2.5
TTM Sales (₹ Cr.) 347 347
BVPS (₹.) 55.1 55.1
Reserves (₹ Cr.) 176 176
P/BV 1.01 1.01
PE 22.00 21.96
From the Market
52 Week Low / High (₹) 49.55 / 80.65
All Time Low / High (₹) 0.42 / 104.70
Market Cap (₹ Cr.) 181
Equity (₹ Cr.) 3.3
Face Value (₹) 1
Industry PE 47.5

Management X-Ray of Modison :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Modison

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Modison Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Modison on 27-Mar-2023 18:01 is : 54.18.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 27-Mar-2023 18:01 the market cap of Modison stood at ₹ 180.9.
The latest PE ratio of Modison as of 27-Mar-2023 18:01 is 22.00.
The latest PB ratio of Modison as of 27-Mar-2023 18:01 is 1.01
The 52-week high of Modison is ₹ 80.65 and the 52-week low is ₹ 49.55.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Modison is ₹ 347.2 ( Cr.) .

About Modison Ltd

Modison Metals Ltd was founded in 1965 by Girdharilal Madanlal Modi, Rajkumar Mohanlal Modi and Sureshchandra Purshottamdas Modi.

The company is an established manufacturer of electrical contacts made of silver and silver alloys for low, medium and high voltage switchgear industry. It makes contacts like pure silver, silver copper, silver cadmium, silver cadmium oxide (by powder metallurgy and internal oxidation), silver nickel, silver graphite, silver tungsten, silver tungsten carbide etc. These contacts are manufactured in various forms and sizes as per customer s drawings and specifications.

Situated at Vapi in Gujarat, Modison Metals offers total solution for complete range of contact parts both for arcing and main current carrying contacts; for medium and high tension switchgears. Right from silver refining to producing all the semis like oxygen free copper, CuCr / Cu CrZr, Ag Alloys, extruded sections and profiles are carried out in house.

In addition, Modison Metals also has state-of-the-art Electron Beam Welding machines, VIM furnaces, CNC machining centres and Ag platting plant all under one roof, is an added competitive edge.

Modison has dedicated in house R&D for development of leading switchgear manufacturers all over the world.

Product range of the company includes:

LV Contacts

  • Silver Cadmium Oxide Contacts
  • Modurit 10ZH / 15ZH
  • Silver Graphite AgC 2-5
  • Silver Tungsten & Silver Tungsten Carbide Contacts
  • Button Contacts - Steel Back
  • Copper Tungsten
  • Precision Stamped Parts with AgNi Wire Welded and Formed Contacts
  • Stamped Parts of Silver Inlay, Overlay, Through Lay 
  • Brazed Contact 

Semis for LV / MV 

  • Silver Inlay / Overlay / Through Lay in Copper / Silver bearing Copper / Silver Bronze
  • Silver Bronze – Strips / Plates
  • Silver Bearing Copper
  • Oxygen Free Copper

Silver Targets : 4N for CD - R

  • HV Contact Parts for MV, HV, EHV (SF6) Circuit Breakers 

Articles Of Silver  

  • Sterling Silver Flatware  

Achievements/ recognition:

  • The company has been certified ISO 9001 - 2000 from   DNV.   

Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login | Register Now