About Modicon
Modicon is an Industrial Goods & Manufacturing company based in Mumbai (India) founded in 1965. Precious metals manufacturing, electrical components, and refining services in India. The company has 113 employees. Its Indian entity Modicon Private Limited reported revenue of ₹273 Cr. Modicon offers products and services including Pure Silver Products and Electrical Contacts. Its focus areas include Manufacturing, Industrial Supplies, Auto and Pharmaceuticals and Alloys and Catalysts.
Company details
Modicon was founded in 1965 and is noted for its commitment to integrity in business operations, along with the delivery of technical and reliable products. It serves markets such as electrical, auto industry, joining, and pharmaceuticals, while being certified under ISO 9001-2008. A well-equipped laboratory supports research and development efforts. Products include pure silver items, electrical contacts, brazing alloys, and precious metals compounds. Services such as recovery, refining, and recycling of precious metals have been provided for over 40 years, emphasizing extensive management solutions. This approach has helped in gaining trust from customers.
- Headquarters Mumbai, India
- Employees 113
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Website modicon.net.in
- Legal Name Modicon Private Limited
- Date of Incorporation 16 May, 1984
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹273 Cr
FY 2025 · +32% YoY
- Net Profit₹10.18 Cr
FY 2025 · 4% margin
- EBITDA₹16.78 Cr
FY 2025 · 6% margin
- Employee Count113
Associated legal entities of Modicon
Modicon operates through Modicon Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Modicon Private Limited CIN U24110MH1984PTC032895 | Active | 16 May 1984 | Mumbai, Maharashtra | ₹273 Cr | 119 | 3 | View details |
Products & Services of Modicon
Modicon offers a comprehensive portfolio of products and services, including Pure Silver Products and Electrical Contacts.
Pure silver products are manufactured using state-of-the-art melting processes to meet industrial requirements
Electrical contacts are identified as critical parts of switchgear and are produced with a focus on reliability
Board of directors of Modicon Private Limited (Modicon)
Modicon Private Limited is the primary company behind Modicon. The board of Modicon Private Limited currently have 3 directors; the longest-serving is Sanwarmal Mody, appointed in 1984. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sanwarmal Mody DIN 00027403 | Whole-time director | 16 May 1984 | 42 yrs 5 mo | Modicon Private Limited |
| Anandkumar Sanwarmal Modi DIN 00059353 | Whole-time director | 01 Nov 2001 | 25 yrs | Modicon Private Limited |
| Amitkumar Sanwarmal Modi DIN 05260907 | Whole-time director | 01 Apr 2012 | 14 yrs 7 mo | Modicon Private Limited |
Financials of Modicon
Figures of Modicon Private Limited, the primary company behind Modicon, for FY 2025. Revenue was ₹273 Cr (+32% year on year). Net profit was ₹10.18 Cr (4% margin). EBITDA was ₹16.78 Cr (6% margin). Revenue has grown at a compounded annual rate of +26% over three years and +23% over five years.
- ₹273 CrRevenue · FY 2025 · +32% YoY
- ₹10.18 CrNet profit · 4% margin
- ₹16.78 CrEBITDA · 6% margin
- ₹3.26 CrPaid-up capital
- 119Employees (provident fund records)
- +26%Revenue CAGR, 3 years
- +23%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Modicon Private Limited are on its company page.
Detailed financial statements for Modicon
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
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Top companies in Metals & Minerals
3 companies that operate in the same segment as Modicon (Metals & Minerals) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Manufacturer of pipes, plates & coils, and home textile products | 1985 | Mumbai, Maharashtra, India | USD 544.74 M | 6,934 | ||
Chemical and casting products are manufactured, with shipping operations managed. | 1962 | Chennai, Tamil Nadu, India | USD 576.61 M | USD 1.43 B | 180 | |
Diversified operations span automotive, agriculture, and financial services. | 1945 | Mumbai, Maharashtra, India | USD 45.15 M | USD 21.54 B | 78,760 |
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Frequently Asked Questions about Modicon
Modicon was founded in 1965.
Modicon is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Modicon has 113 employees.
The primary company behind Modicon, Modicon Private Limited, reported revenue of ₹273 Cr for FY 2025, up 32% year on year.
Modicon was founded in 1965 and is noted for its commitment to integrity in business operations, along with the delivery of technical and reliable products. It serves markets such as electrical, auto industry, joining, and pharmaceuticals, while being certified under ISO 9001-2008. A well-equipped laboratory supports research and development efforts. Products include pure silver items, electrical contacts, brazing alloys, and precious metals compounds. Services such as recovery, refining, and recycling of precious metals have been provided for over 40 years, emphasizing extensive management solutions. This approach has helped in gaining trust from customers.
Modicon offers Pure Silver Products and Electrical Contacts.
Modicon operates through Modicon Private Limited.
The legal entities of Modicon currently have 3 directors, including Sanwarmal Mody, Anandkumar Sanwarmal Modi, Amitkumar Sanwarmal Modi.