About Modison Limited
Data last updated: 26 September 2026
Modison Limited is a public limited company based in Mumbai, Maharashtra, India. It specialises in power equipment manufacturers, a part of the broader energy and power sector. Incorporated on 13 April 1983, the company has been in operation for over 43 years.
Registered with ROC Mumbai under CIN L51900MH1983PLC029783. Listed on BSE: 506261 and NSE: MODISNME.
Capital: an authorised share capital of ₹10 Cr and a paid-up capital of ₹3.25 Cr. Formerly known as Anuj Commercial Limited. It is led by directors including Girdhari Lal Modi and Kumar Jay Modi.
Last AGM: 09 September 2025. Financial statements filed for year ended 31 March 2025. Office: 33 Nariman Bhavan 227 Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹710.33 Cr, a growth of 44.89% compared to the previous year. The net worth stands at ₹274.66 Cr (up 26.8% YoY). Total assets are valued at ₹451.22 Cr (up 54.91% YoY).
The company has a workforce of approximately 276 employees as per the latest available data. Its group structure includes 2 subsidiaries.
As per MCA filings, the company has open charges of ₹188.06 Cr and satisfied charges of ₹304.54 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website modison.com.
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EmailLocked
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TelephoneLocked
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Website
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Social Media
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Registered Address33 Nariman Bhavan 227 Nariman Point, Mumbai, Maharashtra, India – 400021
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IndustryEnergy and Power, Power Equipment Manufacturers
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Modison Limited
Modison Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L51900MH1983PLC029783, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L51900MH1983PLC029783 | Current |
| U51900MH1983PLC029783 | Previous |
| U51900MH1983PTC029783 | Previous |
Business Activity of Modison Limited
Modison Limited is engaged in the principal business activity of manufacturing, with detailed activities including metal and metal products, other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
Business activity turnover details for Modison Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Modison Limited
Modison Limited is audited by M L BHUWANIA AND CO LLP for the financial year 2025. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M L BHUWANIA AND CO LLP | Locked | Locked | Locked |
Complete auditor history for Modison Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Modison Limited
Modison Limited is currently managed by 6 directors, with 19 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Girdhari Lal Modi
Also directs:
Modison Limited, Modison Chemtech Private Limited, Modison Minex Private Limited and 5 more
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Managing Director | 09 Jul 2015 | 11 Years 2 Months | Current |
|
Kumar Jay Modi
Also directs:
Modison Limited, Modison Chemtech Private Limited, Modison Minex Private Limited and 5 more
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Managing Director | 01 Apr 2012 | 14 Years 5 Months | Current |
| Jayant Govindrao Kulkarni | Director | 09 Nov 2022 | 3 Years 10 Months | Current |
|
Rajkumar Mohanlal Modi
Also directs:
Modison Limited, Modison Chemtech Private Limited, Modison Hv Private Limited and 4 more
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Managing Director | 09 Jun 1998 | 28 Years 3 Months | Current |
| Nandkishore Bafna | Director | 01 Nov 2025 | 0 Years 10 Months | Current |
|
Preeti Arvind Shah
Also directs:
Modison Limited, Shree Naman Hotels Private Limited, Eknath Constructions Private Limited and 4 more
|
Director | 13 Aug 2024 | 2 Years 1 Months | Current |
Financials of Modison Limited FY 2025-26 filings available
Modison Limited reported revenue of ₹710.33 Cr (up 44.89% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 710 | 490 | 405 | 335 | 340 | 292 | 219 |
| Revenue growth | +35.0% | +19.9% | +19.0% | +0.2% | +22.3% | +31.1% | +12.2% |
| EBITDA | 107 | 43.66 | 32.05 | 21.57 | 26.88 | 36.54 | 24.29 |
| EBITDA margin | +15.1% | +8.9% | +7.9% | +6.4% | +7.9% | +12.5% | +11.1% |
| Profit before tax | 96.96 | 33.56 | 29.14 | 15.34 | 19.78 | 29.82 | 18.85 |
| Net profit | 78.71 | 25.49 | 17.37 | 12.88 | 16.96 | 24.93 | 17.10 |
| Net profit margin | +11.1% | +5.2% | +4.3% | +3.9% | +5.0% | +8.5% | +7.8% |
| EPS (₹) | 22.35 | 7.61 | 6.58 | 3.44 | 4.51 | 6.91 | 4.66 |
| Balance sheet | |||||||
| Total assets | 451 | 291 | 237 | 195 | 195 | 177 | 174 |
| Net worth | 275 | 217 | 203 | 187 | 176 | 165 | 147 |
| Total debt | 174 | 72.76 | 31.71 | 5.00 | 17.42 | 11.56 | 25.82 |
| Cash & bank | 1.49 | 1.21 | 1.24 | 1.09 | 4.56 | 0.44 | 2.82 |
| Net working capital | 351 | 196 | 140 | 113 | 120 | 108 | 105 |
| Cash flow | |||||||
| Cash from operations | (64.19) | (16.10) | (3.89) | 22.49 | 14.19 | 23.83 | 19.23 |
| Cash from investing | (15.45) | (8.62) | (15.40) | (12.58) | (10.75) | (3.85) | (15.03) |
| Cash from financing | 79.64 | 24.29 | 19.38 | (13.76) | 0.66 | (20.96) | (3.09) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 270 | 287 | 144 | 145 | 134 | 130 | 121 | 122 |
| Revenue growth (YoY) | +101.6% | +120.9% | +18.6% | +18.5% | +15.2% | +14.5% | +12.5% | +26.1% |
| Other income | 2.63 | 1.80 | 12.64 | 1.26 | 3.33 | 1.77 | 0.14 | 4.20 |
| EBITDA | 49.82 | 51.46 | 18.94 | 18.45 | 7.45 | 15.38 | 11.15 | 10.15 |
| EBITDA margin | +18.4% | +17.9% | +13.2% | +12.7% | +5.6% | +11.8% | +9.2% | +8.3% |
| Depreciation | 2.31 | 2.55 | 2.43 | 2.40 | 2.28 | 2.41 | 2.11 | 1.78 |
| Interest | 4.31 | 2.91 | 2.10 | 1.63 | 2.07 | 1.69 | 1.32 | 1.60 |
| Profit before tax | 45.83 | 47.80 | 27.05 | 15.68 | 6.43 | 13.05 | 7.86 | 10.97 |
| Tax | 11.98 | 11.80 | 6.99 | 4.02 | 1.62 | 3.51 | 2.04 | 2.78 |
| Net profit | 33.85 | 36.00 | 20.06 | 11.66 | 4.81 | 9.54 | 5.82 | 8.19 |
| EPS (₹) | 10.43 | 11.09 | 6.18 | 3.59 | 1.48 | 2.94 | 1.79 | 2.53 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 710 | 490 | 405 | 335 | 340 | 292 | 219 |
| Revenue growth | +35.0% | +19.9% | +19.1% | +0.0% | +22.3% | +31.1% | +2.2% |
| EBITDA | 107 | 43.67 | 32.06 | 21.96 | 26.89 | 36.54 | 24.30 |
| EBITDA margin | +15.1% | +8.9% | +7.9% | +6.6% | +7.9% | +12.5% | +11.1% |
| Profit before tax | 96.94 | 33.56 | 29.12 | 15.33 | 19.78 | 29.81 | 18.85 |
| Net profit | 78.74 | 25.50 | 17.38 | 12.87 | 16.96 | 24.93 | 17.11 |
| Net profit margin | +11.1% | +5.2% | +4.3% | +3.9% | +5.0% | +8.5% | +7.8% |
| EPS (₹) | 22.36 | 7.61 | 6.58 | 3.44 | 4.51 | 6.91 | 4.66 |
| Balance sheet | |||||||
| Total assets | 451 | 291 | 237 | 195 | 195 | 177 | 174 |
| Net worth | 275 | 217 | 203 | 187 | 176 | 165 | 147 |
| Total debt | 174 | 72.76 | 31.71 | 5.00 | 17.42 | 11.56 | 25.82 |
| Cash & bank | 1.24 | 0.95 | 0.97 | 1.07 | 4.32 | 0.41 | 2.79 |
| Net working capital | 351 | 195 | 140 | 113 | 120 | 108 | 104 |
| Cash flow | |||||||
| Cash from operations | (64.18) | (16.10) | 1.24 | 22.50 | 14.19 | 23.83 | 19.26 |
| Cash from investing | (15.45) | (8.62) | (20.54) | (12.36) | (10.96) | (3.85) | (15.09) |
| Cash from financing | 79.65 | 24.28 | 19.38 | (13.76) | 0.66 | (20.96) | (3.09) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 270 | 287 | 144 | 145 | 134 | 130 | 121 | 122 |
| Revenue growth (YoY) | +101.6% | +120.9% | +18.6% | +18.5% | +15.2% | +14.5% | +12.5% | +26.1% |
| Other income | 2.63 | 1.80 | 12.63 | 1.25 | 3.31 | 1.77 | 0.14 | 4.19 |
| Total expenses | 221 | 236 | 125 | 127 | 127 | 115 | 110 | 112 |
| EBITDA | 49.82 | 51.46 | 18.94 | 18.45 | 7.45 | 15.38 | 11.16 | 10.15 |
| EBITDA margin | +18.4% | +17.9% | +13.2% | +12.7% | +5.6% | +11.8% | +9.2% | +8.3% |
| Depreciation | 2.31 | 2.55 | 2.43 | 2.40 | 2.28 | 2.41 | 2.11 | 1.78 |
| Interest | 4.31 | 2.91 | 2.10 | 1.63 | 2.07 | 1.69 | 1.32 | 1.60 |
| Profit before tax | 45.83 | 47.80 | 27.04 | 15.67 | 6.41 | 13.05 | 7.87 | 10.96 |
| Tax | 11.98 | 11.77 | 6.99 | 4.02 | 1.62 | 3.50 | 2.05 | 2.78 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 270 | 287 | 144 | 145 | 134 | 130 | 121 | 122 |
| Revenue growth (YoY) | +101.6% | +120.9% | +18.6% | +18.5% | +15.2% | +14.5% | +12.5% | +26.1% |
| Other income | 2.63 | 1.80 | 12.64 | 1.26 | 3.33 | 1.77 | 0.14 | 4.20 |
| EBITDA | 49.82 | 51.46 | 18.94 | 18.45 | 7.45 | 15.38 | 11.15 | 10.15 |
| EBITDA margin | +18.4% | +17.9% | +13.2% | +12.7% | +5.6% | +11.8% | +9.2% | +8.3% |
| Depreciation | 2.31 | 2.55 | 2.43 | 2.40 | 2.28 | 2.41 | 2.11 | 1.78 |
| Interest | 4.31 | 2.91 | 2.10 | 1.63 | 2.07 | 1.69 | 1.32 | 1.60 |
| Profit before tax | 45.83 | 47.80 | 27.05 | 15.68 | 6.43 | 13.05 | 7.86 | 10.97 |
| Tax | 11.98 | 11.80 | 6.99 | 4.02 | 1.62 | 3.51 | 2.04 | 2.78 |
| Net profit | 33.85 | 36.00 | 20.06 | 11.66 | 4.81 | 9.54 | 5.82 | 8.19 |
| EPS (₹) | 10.43 | 11.09 | 6.18 | 3.59 | 1.48 | 2.94 | 1.79 | 2.53 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 710 | 490 | 405 | 335 | 340 | 292 | 219 |
| Revenue growth | +35.0% | +19.9% | +19.0% | +0.2% | +22.3% | +31.1% | +12.2% |
| Other income | 8.31 | 3.88 | 6.29 | 1.90 | 1.67 | 1.54 | 2.92 |
| Total expenses | 603 | 447 | 373 | 313 | 313 | 256 | 195 |
| Employee cost | 27.20 | 24.89 | 21.19 | 20.42 | 18.61 | 16.63 | 16.40 |
| EBITDA | 107 | 43.66 | 32.05 | 21.57 | 26.88 | 36.54 | 24.29 |
| EBITDA margin | +15.1% | +8.9% | +7.9% | +6.4% | +7.9% | +12.5% | +11.1% |
| Depreciation | 9.65 | 8.01 | 6.28 | 6.33 | 6.61 | 6.08 | 6.18 |
| Interest | 9.15 | 5.97 | 2.92 | 1.80 | 2.16 | 2.18 | 2.18 |
| Profit before tax | 96.96 | 33.56 | 29.14 | 15.34 | 19.78 | 29.82 | 18.85 |
| Tax | 24.42 | 8.87 | 7.78 | 4.16 | 5.15 | 7.38 | 3.75 |
| Net profit | 78.71 | 25.49 | 17.37 | 12.88 | 16.96 | 24.93 | 17.10 |
| Net profit margin | +11.1% | +5.2% | +4.3% | +3.9% | +5.0% | +8.5% | +7.8% |
| EPS (₹) | 22.35 | 7.61 | 6.58 | 3.44 | 4.51 | 6.91 | 4.66 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 3.25 | 3.25 | 3.25 | 3.25 | 3.25 | 3.25 | 3.25 |
| Reserves & surplus | 271 | 213 | 200 | 184 | 173 | 161 | 144 |
| Shareholders' funds (net worth) | 275 | 217 | 203 | 187 | 176 | 165 | 147 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 174 | 72.76 | 21.71 | 5.00 | 17.42 | 1.53 | 25.82 |
| Unsecured loans | 0.00 | 0.00 | 10.00 | 0.00 | 0.00 | 10.03 | 0.00 |
| Total debt | 174 | 72.76 | 31.71 | 5.00 | 17.42 | 11.56 | 25.82 |
| Total liabilities | 451 | 291 | 237 | 195 | 195 | 177 | 174 |
| Assets | |||||||
| Gross block | 159 | 148 | 127 | 111 | 106 | 92.62 | 82.13 |
| Net block | 94.44 | 92.07 | 78.53 | 68.54 | 69.83 | 62.33 | 57.83 |
| Capital work in progress | 3.49 | 3.56 | 10.45 | 10.35 | 3.03 | 3.08 | 2.89 |
| Investments | 0.00 | 0.00 | 1.56 | 1.76 | 1.50 | 1.70 | 1.67 |
| Inventories | 220 | 127 | 96.11 | 78.52 | 65.37 | 59.95 | 60.57 |
| Sundry debtors | 160 | 86.13 | 66.20 | 52.74 | 57.94 | 59.97 | 44.96 |
| Cash & bank balances | 1.49 | 1.21 | 1.24 | 1.09 | 4.56 | 0.44 | 2.82 |
| Loans & advances | 17.12 | 4.19 | 7.52 | 4.04 | 7.16 | 7.65 | 7.69 |
| Total current assets | 398 | 219 | 171 | 136 | 135 | 128 | 116 |
| Total current liabilities | 47.31 | 23.28 | 30.66 | 23.43 | 15.27 | 20.48 | 11.52 |
| Net working capital | 351 | 196 | 140 | 113 | 120 | 108 | 105 |
| Total assets | 451 | 291 | 237 | 195 | 195 | 177 | 174 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.14 | 0.57 | 0.48 | 4.32 | 0.21 | 1.19 | 0.09 |
| Net cash from operating activities | (64.19) | (16.10) | (3.89) | 22.49 | 14.19 | 23.83 | 19.23 |
| Net cash from investing activities | (15.45) | (8.62) | (15.40) | (12.58) | (10.75) | (3.85) | (15.03) |
| Net cash from financing activities | 79.64 | 24.29 | 19.38 | (13.76) | 0.66 | (20.96) | (3.09) |
| Net change in cash | 0.01 | (0.43) | 0.09 | (3.84) | 4.11 | (0.98) | 1.10 |
| Closing cash | 1.49 | 1.21 | 1.24 | 1.09 | 4.56 | 0.44 | 2.82 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +44.9% | +21.2% | +20.9% | -1.4% | +16.2% | +33.2% | +9.0% |
| EBITDA growth | +146.1% | +36.2% | +48.6% | -19.8% | -26.4% | +50.4% | -11.1% |
| PBT growth | +188.9% | +15.2% | +90.0% | -22.5% | -33.7% | +58.2% | -19.9% |
| Net income growth | +208.8% | +46.8% | +34.9% | -24.1% | -32.0% | +45.8% | +17.6% |
| Revenue CAGR (3Y) | +28.5% | +13.0% | +11.5% | +15.1% | +19.1% | +15.3% | +9.2% |
| EBITDA CAGR (3Y) | +70.8% | +17.6% | -4.3% | -3.9% | -0.5% | +5.8% | -2.4% |
| Profitability & leverage | |||||||
| Net income margin | +10.2% | +5.0% | +5.3% | +3.3% | +4.3% | +7.7% | +6.9% |
| Return on capital employed | +28.6% | +15.0% | +12.3% | +10.1% | +13.5% | +20.2% | +13.7% |
| Return on net worth | +29.6% | +11.8% | +8.9% | +7.1% | +10.0% | +16.0% | +11.7% |
| Debt / equity | 0.50 | 0.25 | 0.09 | 0.06 | 0.09 | 0.12 | 0.18 |
| Long-term debt / equity | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 9.36 | 16.75 | 11.33 | 11.81 | 10.66 | 7.16 | 12.04 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 4.64 | 3.57 | 3.40 | 3.08 | 3.41 | 3.35 | 2.68 |
| Inventory turnover | 4.09 | 4.39 | 4.63 | 4.65 | 5.42 | 4.85 | 3.62 |
| Debtors turnover | 5.77 | 6.44 | 6.80 | 6.05 | 5.76 | 5.57 | 4.88 |
| EPS (₹) | 22.35 | 7.61 | 6.58 | 3.44 | 4.51 | 6.91 | 4.66 |
| Dividend per share (₹) | 5.50 | 3.50 | 2.50 | 1.00 | 1.00 | 1.50 | 1.00 |
| Book value per share (₹) | 84.53 | 66.65 | 62.68 | 57.66 | 54.17 | 50.72 | 45.15 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 270 | 287 | 144 | 145 | 134 | 130 | 121 | 122 |
| Revenue growth (YoY) | +101.6% | +120.9% | +18.6% | +18.5% | +15.2% | +14.5% | +12.5% | +26.1% |
| Other income | 2.63 | 1.80 | 12.63 | 1.25 | 3.31 | 1.77 | 0.14 | 4.19 |
| Total expenses | 221 | 236 | 125 | 127 | 127 | 115 | 110 | 112 |
| EBITDA | 49.82 | 51.46 | 18.94 | 18.45 | 7.45 | 15.38 | 11.16 | 10.15 |
| EBITDA margin | +18.4% | +17.9% | +13.2% | +12.7% | +5.6% | +11.8% | +9.2% | +8.3% |
| Depreciation | 2.31 | 2.55 | 2.43 | 2.40 | 2.28 | 2.41 | 2.11 | 1.78 |
| Interest | 4.31 | 2.91 | 2.10 | 1.63 | 2.07 | 1.69 | 1.32 | 1.60 |
| Profit before tax | 45.83 | 47.80 | 27.04 | 15.67 | 6.41 | 13.05 | 7.87 | 10.96 |
| Tax | 11.98 | 11.77 | 6.99 | 4.02 | 1.62 | 3.50 | 2.05 | 2.78 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 710 | 490 | 405 | 335 | 340 | 292 | 219 |
| Revenue growth | +35.0% | +19.9% | +19.1% | +0.0% | +22.3% | +31.1% | +2.2% |
| Other income | 8.28 | 3.87 | 6.26 | 1.50 | 1.66 | 1.53 | 2.91 |
| Total expenses | 603 | 447 | 372 | 313 | 313 | 256 | 195 |
| Employee cost | 27.20 | 24.89 | 21.19 | 20.42 | 18.61 | 16.63 | 16.40 |
| EBITDA | 107 | 43.67 | 32.06 | 21.96 | 26.89 | 36.54 | 24.30 |
| EBITDA margin | +15.1% | +8.9% | +7.9% | +6.6% | +7.9% | +12.5% | +11.1% |
| Depreciation | 9.65 | 8.01 | 6.28 | 6.33 | 6.61 | 6.08 | 6.18 |
| Interest | 9.15 | 5.97 | 2.92 | 1.80 | 2.16 | 2.18 | 2.18 |
| Profit before tax | 96.94 | 33.56 | 29.12 | 15.33 | 19.78 | 29.81 | 18.85 |
| Tax | 24.38 | 8.86 | 7.77 | 4.16 | 5.16 | 7.37 | 3.74 |
| Net profit | 78.74 | 25.50 | 17.38 | 12.87 | 16.96 | 24.93 | 17.11 |
| Net profit margin | +11.1% | +5.2% | +4.3% | +3.9% | +5.0% | +8.5% | +7.8% |
| EPS (₹) | 22.36 | 7.61 | 6.58 | 3.44 | 4.51 | 6.91 | 4.66 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 3.25 | 3.25 | 3.25 | 3.25 | 3.25 | 3.25 | 3.25 |
| Reserves & surplus | 271 | 213 | 200 | 184 | 173 | 161 | 144 |
| Shareholders' funds (net worth) | 275 | 217 | 203 | 187 | 176 | 165 | 147 |
| Secured loans | 174 | 72.76 | 21.71 | 5.00 | 17.42 | 1.53 | 25.82 |
| Unsecured loans | 0.00 | 0.00 | 10.00 | 0.00 | 0.00 | 10.03 | 0.00 |
| Total debt | 174 | 72.76 | 31.71 | 5.00 | 17.42 | 11.56 | 25.82 |
| Total liabilities | 451 | 291 | 237 | 195 | 195 | 177 | 174 |
| Assets | |||||||
| Gross block | 159 | 148 | 127 | 111 | 106 | 92.62 | 82.13 |
| Net block | 94.44 | 92.07 | 78.53 | 68.54 | 69.83 | 62.33 | 57.83 |
| Capital work in progress | 3.49 | 3.56 | 10.45 | 10.35 | 3.03 | 3.08 | 2.89 |
| Investments | 0.25 | 0.26 | 1.82 | 1.78 | 1.75 | 1.74 | 1.71 |
| Inventories | 220 | 127 | 96.11 | 78.52 | 65.37 | 59.95 | 60.57 |
| Sundry debtors | 160 | 86.13 | 66.20 | 52.74 | 57.94 | 59.97 | 44.96 |
| Cash & bank balances | 1.24 | 0.95 | 0.97 | 1.07 | 4.32 | 0.41 | 2.79 |
| Loans & advances | 17.08 | 4.18 | 7.51 | 4.04 | 7.16 | 7.65 | 7.69 |
| Total current assets | 398 | 219 | 171 | 136 | 135 | 128 | 116 |
| Total current liabilities | 47.30 | 23.28 | 30.64 | 23.43 | 15.27 | 20.47 | 11.52 |
| Net working capital | 351 | 195 | 140 | 113 | 120 | 108 | 104 |
| Total assets | 451 | 291 | 237 | 195 | 195 | 177 | 174 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.11 | 0.54 | 0.46 | 4.08 | 0.19 | 1.16 | 0.09 |
| Net cash from operating activities | (64.18) | (16.10) | 1.24 | 22.50 | 14.19 | 23.83 | 19.26 |
| Net cash from investing activities | (15.45) | (8.62) | (20.54) | (12.36) | (10.96) | (3.85) | (15.09) |
| Net cash from financing activities | 79.65 | 24.28 | 19.38 | (13.76) | 0.66 | (20.96) | (3.09) |
| Net change in cash | 0.02 | (0.43) | 0.08 | (3.62) | 3.89 | (0.97) | 1.07 |
| Closing cash | 1.24 | 0.95 | 0.97 | 1.07 | 4.32 | 0.41 | 2.79 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +44.9% | +21.2% | +20.9% | -1.4% | +16.2% | +33.2% | -0.5% |
| EBITDA growth | +146.1% | +36.2% | +46.0% | -18.3% | -26.4% | +50.4% | -17.8% |
| PBT growth | +188.9% | +15.3% | +90.0% | -22.5% | -33.7% | +58.1% | -22.9% |
| Net income growth | +208.8% | +46.7% | +35.0% | -24.1% | -32.0% | +45.7% | +15.7% |
| Revenue CAGR (3Y) | +28.5% | +13.0% | +11.5% | +15.1% | +15.5% | +13.2% | +4.8% |
| EBITDA CAGR (3Y) | +69.8% | +17.5% | -4.3% | -3.3% | -3.1% | +10.2% | -7.7% |
| Profitability & leverage | |||||||
| Net income margin | +10.2% | +5.0% | +5.3% | +3.3% | +4.3% | +7.7% | +6.9% |
| Return on capital employed | +28.6% | +15.0% | +12.3% | +10.1% | +13.5% | +20.2% | +14.3% |
| Return on net worth | +29.6% | +11.8% | +8.9% | +7.1% | +10.0% | +16.0% | +12.1% |
| Debt / equity | 0.50 | 0.25 | 0.09 | 0.06 | 0.09 | 0.12 | 0.17 |
| Long-term debt / equity | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 9.35 | 16.74 | 11.33 | 11.52 | 10.65 | 7.16 | 12.03 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 4.64 | 3.57 | 3.41 | 3.08 | 3.41 | 3.35 | 2.77 |
| Inventory turnover | 4.09 | 4.39 | 4.63 | 4.65 | 5.42 | 4.85 | 3.50 |
| Debtors turnover | 5.77 | 6.44 | 6.80 | 6.05 | 5.76 | 5.57 | 5.03 |
| EPS (₹) | 22.36 | 7.61 | 6.58 | 3.44 | 4.51 | 6.91 | 4.66 |
| Dividend per share (₹) | 5.50 | 3.50 | 2.50 | 1.00 | 1.00 | 1.50 | 1.00 |
| Book value per share (₹) | 84.52 | 66.63 | 62.56 | 57.65 | 54.17 | 50.71 | 45.15 |
Shareholding Pattern of Modison Limited
As per the shareholding pattern for the quarter ended Jun 2026, promoters hold 52.20%, foreign institutional investors hold 0.90%, domestic institutional investors hold 0.00%, retail and other public shareholders hold 46.90% of Modison Limited.
| Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | |
|---|---|---|---|---|
| Promoters | 52.20% | 52.20% | 52.10% | 52.10% |
| Public | 47.80% | 47.80% | 47.90% | 47.90% |
Group Structure of Modison Limited
Modison Limited has 2 subsidiary companies. This group structure data is as of FY 2024. The corporate group structure reflects Modison Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Modison Hitech Private Limited | U24201MH2023PTC406560 | - |
| Modison Hv Private Limited | U26912MH1982PTC027005 | - |
Showing major subsidiaries. Total: 2.
Charges & Borrowings of Modison Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Jun 2017 | Hdfc Bank Limited | ₹187.5 Cr | Open |
| 17 Oct 1994 | Gujarat Indsutries Investment Corp. Ltd. | ₹56 Lakh | Open |
| 18 Nov 2021 | Others | ₹20 Cr | Satisfied |
| 11 Sep 2013 | Bank of India | ₹3.87 Cr | Satisfied |
| 28 Feb 2013 | Others | ₹63.87 Cr | Satisfied |
Total charge records: 17 View all charges
Employees and EPFO Compliance at Modison Limited
Modison Limited has a workforce of 276 employees as of Sep 26, 2025.
Employee and EPFO history for Modison Limited
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GST Compliance of Modison Limited
GST registrations and filing compliance for Modison Limited
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Credit Ratings, Litigation & Regulatory Alerts for Modison Limited
Credit ratings, litigation, and regulatory alerts for Modison Limited
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MSME Payment Delays by Modison Limited
MSME payment history for Modison Limited
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Subsidiaries & Group Companies of Modison Limited
Corporate group structure for Modison Limited
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MCA Filings & Documents of Modison Limited
MCA filings and documents for Modison Limited
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Recent Activity on Modison Limited
Frequently Asked Questions about Modison Limited
Modison Limited is an active public limited company in the energy and power sector based in Mumbai, Maharashtra, India. It was incorporated on 13 April 1983 (43+ years old) and is registered under CIN L51900MH1983PLC029783. Listed on BSE: 506261 and NSE: MODISNME. The company has 276 employees.
Modison Limited reported revenue of ₹710.33 Cr for FY 2025-26 (up 44.89% YoY) based on consolidated financials.
The current directors of Modison Limited are:
- Girdhari Lal Modi - Managing Director
- Kumar Jay Modi - Managing Director
- Jayant Govindrao Kulkarni - Director
- Rajkumar Mohanlal Modi - Managing Director
- Nandkishore Bafna - Director
- Preeti Arvind Shah - Director
The primary industry of Modison Limited is energy and power. The company specifically operates in power equipment manufacturers. The company is currently active in this sector.
Yes. Modison Limited is listed on both BSE (code: 506261) and NSE (symbol: MODISNME).
Modison Limited can be reached at the registered office: 33 Nariman Bhavan 227 Nariman Point, Mumbai, Maharashtra, India – 400021, or through the website modison.com.