Is Modison Ltd (MODISONLTD) a good quality company?

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

Is Modison Ltd (MODISONLTD) 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 overvalued zone .

What is Modison Ltd (MODISONLTD) share price return in the past 10 years?

Modison Ltd share price has appreciated 12.3% annually (CAGR) over the past ten years.

Is Modison Ltd (MODISONLTD) a good buy now?

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

What is the share price of Modison Ltd (MODISONLTD)?

Company share prices are keep on changing according to the market conditions. The current trading price of Modison Ltd (MODISONLTD) on 30-Apr-2026 16:59:59 at 16:59 is 167.20.

What is the market cap of Modison Ltd (MODISONLTD)?

Market capitalization is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 30-Apr-2026 at 16:59, the market cap of Modison stood at Rs. 542.56 Cr.

What is the P/E ratio of Modison?

The latest standalone P/E ratio of Modison as of 30-Apr-2026 is 11.78.

What is the P/B ratio of Modison Ltd (MODISONLTD)?

The latest standalone P/B ratio of Modison Ltd (MODISONLTD) as of 30-Apr-2026 is 2.20.

What is the 52-week high and low of Modison Ltd (MODISONLTD)?

The 52-week high of Modison Ltd (MODISONLTD) is Rs. 197.00 and the 52-week low is Rs. 109.00.

What is the TTM revenue of Modison Ltd (MODISONLTD)?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Modison is Rs. 553.08 (Cr.).

Modison Ltd (MODISONLTD) Share Analysis – Quality, Growth & Valuation Zone & DeciZen Rating

Name: Modison Ltd (MODISONLTD)
Brand: Modison

10 Year X-Ray :

Analysis of Financial Track Record

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

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	16.7%	19.5%	18.8%	18%	12.7%	18.4%	11.9%	8.9%	15%	15.1%	-
Value Creation Index ⓘ	0.2	0.4	0.3	0.3	-0.1	0.3	-0.2	-0.4	0.1	0.1	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	168	191	201	220	219	292	340	335	405	490	553
Sales YoY Gr.	-	13.4%	5.5%	9.5%	-0.5%	33.2%	16.2%	-1.4%	20.9%	21.2%	-
Adj EPS ⓘ	3.2	4.5	4.2	4.5	4.9	7.6	5.1	3.8	5.5	7.5	14.2
YoY Gr.	-	40.6%	-6.2%	7.6%	7.9%	54.7%	-33.3%	-25.5%	45.9%	37.1%	-
BVPS (₹) ⓘ	32	35.2	39	42.3	45.2	50.6	54.1	57.5	62.6	66.6	75.9
Adj Net Profit ⓘ	10.4	14.6	13.7	14.7	15.9	24.6	16.4	12.3	17.9	24.5	46
Cash Flow from Ops. ⓘ	26.4	12.5	18.6	3.8	19.3	23.8	14.4	22.5	1.2	-16.1	-
Debt/CF from Ops. ⓘ	0.8	1.5	0.7	5.6	1.3	0.5	1.2	0.2	25.6	-4.5	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	12.6%	17.5%	13%	21.2%
Adj EPS ⓘ	10%	9%	14.2%	37.1%
BVPSⓘ	8.5%	8.1%	7.2%	6.5%
Share Price	12.3%	21.7%	40%	35.6%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	10.3	13.4	11.3	11.1	11.2	15.8	9.7	6.8	9.1	11.7	19.9
Op. Profit Mgn % ⓘ	15.5	16.5	13.5	13.5	12.4	13.7	9	7.3	8.1	9	11.1
Net Profit Mgn % ⓘ	6.2	7.7	6.8	6.7	7.3	8.4	4.8	3.7	4.4	5	8.3
Debt to Equity ⓘ	0.2	0.2	0.1	0.2	0.2	0.1	0.1	0	0.2	0.3	-
Working Cap Days ⓘ	166	149	168	181	203	163	145	150	144	150	77
Cash Conv. Cycle ⓘ	133	122	142	153	168	133	123	130	123	132	42

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 19.90%

Sales growth is growing at healthy rate in last 3 years 13.03%

Net Profit is growing at healthy rate in last 3 years 14.22%

Sales growth is good in last 4 quarters at 16.69%

No data to display

	Standalone	Consolidated
TTM EPS (₹)	14.2	14.2
TTM Sales (₹ Cr.)	553	553
BVPS (₹) ⓘ	75.9	75.9
Reserves (₹ Cr.) ⓘ	243	243
P/BV ⓘ	2.20	2.20
PE ⓘ	11.78	11.78

From the Market
52 Week Low / High (₹)	109.00 / 197.00
All Time Low / High (₹)	0.42 / 232.15
Market Cap (₹ Cr.)	543
Equity (₹ Cr.)	3.3
Face Value (₹)	1
Industry PE ⓘ	60

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	168	191	201	220	219	292	340	335	405	490
Operating Expenses ⓘ +	142	159	174	191	192	252	309	310	373	446
Manufacturing Costs	14	15	16	16	17	16	18	19	23	25
Material Costs	111	127	139	153	152	211	266	263	320	386
Employee Cost	11	12	13	14	16	17	19	20	21	25
Other Costs ⓘ	6	6	6	7	7	8	7	7	8	10
Operating Profit ⓘ	26	31	27	30	27	40	30	25	32	44
Operating Profit Margin (%)	15.5%	16.5%	13.5%	13.4%	12.4%	13.7%	9.0%	7.3%	7.9%	8.9%
Other Income ⓘ +	1	1	2	1	3	2	2	1	1	5
Exceptional Items ⓘ	0	-0	3	3	-3	-4	-4	-3	6	-1
Interest ⓘ	4	3	2	2	2	2	2	2	3	6
Depreciation ⓘ	6	6	6	6	6	6	7	6	6	8
Profit Before Tax ⓘ	17	22	24	24	19	30	20	15	29	34
Tax ⓘ	6	8	7	8	4	7	5	4	8	9
Profit After Tax	11	14	16	17	15	22	15	11	21	25
PAT Margin (%)	6.5%	7.5%	8.2%	7.6%	6.9%	7.7%	4.3%	3.3%	5.3%	5.0%
Adjusted EPS (₹)	3.4	4.4	5.1	5.1	4.7	6.9	4.5	3.4	6.6	7.6
Dividend Payout Ratio (%)	29.80%	22.80%	29.70%	29.20%	21.50%	21.70%	22.20%	29%	38%	46%

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	104	114	127	138	147	165	176	187	203	217
Share Capital ⓘ	3	3	3	3	3	3	3	3	3	3
Reserves ⓘ	101	111	124	134	144	161	173	184	200	213
Debt +	21	18	13	21	25	12	17	5	32	72
Long Term Debt	0	0	1	0	0	0	0	0	0	2
Short Term Debt	21	18	12	20	25	12	17	5	32	70
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	5	4	6	4	5	6	7	9	10	10
Others Liabilities ⓘ	15	16	17	17	14	21	14	20	26	21
Total Liabilities ⓘ	145	152	162	180	191	203	214	222	271	319
Fixed Assets
Net Fixed Assets ⓘ +	61	58	58	56	56	60	67	65	76	89
Gross Block	118	64	70	75	80	90	103	107	123	145
Accumulated Depreciation	57	6	12	18	24	30	36	42	47	55
CWIP ⓘ	1	1	1	1	3	3	3	10	10	4
Investments ⓘ	0	2	2	2	4	2	2	2	2	0
Inventories	40	42	47	65	61	60	65	79	96	127
Trade Receivables	29	39	42	42	45	60	58	53	66	86
Cash Equivalents	2	2	2	2	3	0	4	1	1	1
Others Assets ⓘ	12	8	10	12	20	17	15	12	20	12
Total Assets ⓘ	145	152	162	180	191	203	214	222	271	319

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	26	12	19	4	19	24	14	22	1	-16
PBT ⓘ	17	22	24	24	19	30	20	15	29	34
Adjustment ⓘ	9	8	7	8	9	10	8	11	6	11
Changes in Working Capital ⓘ	6	-10	-6	-21	-2	-9	-7	0	-26	-53
Tax Paid ⓘ	-5	-8	-6	-8	-6	-7	-7	-5	-8	-8
Cash Flow From Investing Activity ⓘ +	-11	-3	-8	-4	-15	-4	-11	-12	-21	-9
Capex	-10	-3	-8	-4	-14	-5	-11	-12	-16	-15
Net Investments	-2	-1	0	-0	-1	1	-0	0	-0	2
Others ⓘ	0	0	0	0	0	0	0	0	-5	5
Cash Flow From Financing Activity ⓘ +	-15	-9	-10	0	-3	-21	1	-14	19	24
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	-1	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	-3	-2	-1	-2	-2	-2	-2	-1	-2	-5
Dividend Paid ⓘ	-7	-4	-4	-6	-6	-5	-3	0	-5	-11
Others ⓘ	-5	-3	-5	8	5	-14	6	-12	27	41
Net Cash Flow ⓘ	-0	0	0	-1	1	-1	4	-4	0	-0

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	10.83	13.08	13.63	12.65	10.65	14.44	8.61	6.17	10.95	11.77
ROCE (%)	16.71	19.51	18.8	17.98	12.72	18.37	11.9	8.91	15.02	15.09
Asset Turnover Ratio	1.26	1.4	1.31	1.29	1.18	1.49	1.63	1.54	1.64	1.66
PAT to CFO Conversion(x)	2.36	0.86	1.19	0.24	1.27	1.09	0.93	2	0.05	-0.64
Working Capital Days
Receivable Days	59.10	59.80	72.20	69.70	72.60	65.60	63.40	60.40	53.70	56.70
Inventory Days	84.50	71.70	78.90	92.60	104.30	75.30	67.40	78.50	78.80	83.20
Payable Days	13.70	11.90	12.20	11.80	11	9.20	8.60	11	10.90	9.20

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 â€“ 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.

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Modison Ltd (MODISONLTD) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Modison Share Price