MODISON LIMITEDMODISONLTDCorporate

Electric Equipment Latest results: Sep 2026 16 quarters of data
₹499.25
MCap ₹1,620 Cr · P/E 14.3
AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹279 Cr
Sales · Sep 2026
+92.2% YoY
₹31 Cr
Operating Profit · Sep 2026
+68.4% YoY
11.1%
OPM % · Sep 2026
-12.6% YoY
₹23 Cr
Net Profit · Sep 2026
+99.8% YoY
₹7.18
EPS · Sep 2026
+100.0% YoY

📝 MODISON LIMITED — results explained

Quarter ended September 2026 (Q2 FY27)

MODISON LIMITED reported revenue of ₹279 crore for the quarter ended September 2026 (Q2 FY27), up 92.2% from ₹145 crore in the same quarter last year, and up 3.2% sequentially over the June 2026 quarter.

Net profit rose 99.8% year-on-year to ₹23 crore, from ₹12 crore. Earnings per share (EPS) came in at ₹7.18.

Operating profit stood at ₹31 crore — an operating margin (OPM) of 11.1%, compared with 12.7% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, MODISON LIMITED posted revenue of ₹710 crore, a growth of 44.8% over FY25, with a net profit of ₹73 crore (up 193.8% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹980 crore with a net profit of ₹113 crore.

Valuation snapshot

At the current price of ₹499.25, MODISONLTD has a market capitalisation of ₹1,620 crore and a trailing P/E of about 14.3.

Within the Electric Equipment industry, it is the 17th-largest of the 41 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 52.23%, foreign institutional investors (FIIs) 1.27%, public shareholders 46.51% of MODISON LIMITED.

Promoter holding rose from 52.16% to 52.23% over the latest period.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹1,620 Cr
Current Price ?
₹499.2
P/E ?
14.31below ind
Industry P/E ?
29.80
P/B ?
5.91
P/S ?
1.65
P/FCF ?
-20.51
Enterprise Value ?
₹1,794 Cr
EV/EBITDA ?
10.48
PEG ?
0.17
Earnings Yield ?
9.0%
Dividend Yield ?
0.72%
Profitability & Returns
Sales (TTM) ?
₹980 Cr
OPM ?
17.5%
Profit after tax (TTM) ?
₹113 Cr
EPS (TTM) ?
₹34.88
ROCE ?
31.0%
ROE ?
41.3%
ROA ?
22.5%
Growth
Sales — latest qtr ?
₹279 Cr
PAT — latest qtr ?
₹23 Cr
YoY qtr sales growth ?
92.2%
YoY qtr profit growth ?
99.8%
Sales growth (3y) ?
29%
Sales growth (5y) ?
19%
Profit growth (3y) ?
83%
Profit growth (5y) ?
26%
Financial Health
Debt ?
₹174 Cr
Debt to Equity ?
0.64
Interest Coverage ?
12.1
Current Ratio ?
N/A
Ownership
Promoter holding ?
52.23%
Change in promoter holding ?
0.12%
Pledged percentage ?
N/A
Market
Return 3 months ?
69.0%
Return 6 months ?
238.7%

🗓️ Quarterly results (16 quarters · ₹ Cr)

same fiscal quarter as Sep bestweakest per row · for costs (interest, NPAs) low is best
Metric Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026 YoY % QoQ %
Sales 77878697108114116122121130134145144287270279 +92.2% +3.2%
Operating Profit 7117799810111591819715031 +68.4% -38.0%
Other Income 1000000202301-1833 +1423.7% +29.8%
Interest 1101111212222345 +201.9% +14.2%
Depreciation 2211222222222322 -1.7% +2.2%
Profit Before Tax -310786921181361627484631 +96.6% -32.8%
Net Profit -2866461861051220363423 +99.8% -31.2%
EPS -0.632.361.701.731.261.900.352.531.792.941.483.596.1811.0910.437.18 +100.0% -31.2%
OPM % 9.5% 12.7% 7.7% 7.5% 7.9% 8.3% 7.0% 8.3% 9.2% 11.8% 6.4% 12.7% 13.2% 24.7% 18.5% 11.1% -12.6% -40.0%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹490 Cr ₹710 Cr ₹980 Cr +44.8%
Operating Profit ₹45 Cr ₹117 Cr ₹171 Cr +161.0%
OPM % 9.14% 16.47% 17.46% +80.2%
NPM % 5.03% 10.22% 11.55% +103.2%
Other Income ₹4 Cr ₹-14 Cr ₹-11 Cr -469.7%
Depreciation ₹8 Cr ₹10 Cr ₹10 Cr +26.0%
Interest ₹6 Cr ₹9 Cr ₹14 Cr +51.1%
EBIT ₹37 Cr ₹107 Cr ₹161 Cr +190.4%
PBT ₹34 Cr ₹97 Cr ₹152 Cr +189.6%
Tax ₹9 Cr ₹13 Cr ₹27 Cr +42.3%
Net Profit ₹25 Cr ₹73 Cr ₹113 Cr +193.8%
EPS ₹7.61 ₹22.34 ₹34.88 +193.6%
Material Cost ₹411 Cr ₹382 Cr ₹654 Cr -7.1%
Employee Cost ₹25 Cr ₹20 Cr ₹21 Cr -18.6%
Extraordinary Items ₹-1 Cr ₹12 Cr ₹15 Cr +1173.4%

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 3333 +0.0%
Reserves 184200213271 +27.2%
Borrowings 53273174 +138.4%
Other Liabilities 29363054 +80.0%
Total Liabilities 222271319503 +57.7%
Fixed Assets 69799294 +2.2%
CWIP 101043 -25.0%
Investments 2200 —
Other Assets 141181224405 +80.8%
Total Assets 222271319503 +57.7%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 221-16-64 -300.0%
Cash from Investing Activity -13-20-9-15 -66.7%
Cash from Financing Activity -14192480 +233.3%
Net Cash Flow -40-00 —
Free Cash Flow 10-15-32-79 -146.9%
CFO/OP 110%27%-18%-36% -100.0%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 58606482 +28.1%
Inventory Days 109109121152 +25.6%
Days Payable 1311911 +22.2%
Cash Conversion Cycle 154158176223 +26.7%
Working Capital Days 117979291 -1.1%
ROCE % 10%12%15%31% +106.7%

👥 Shareholding (latest 5 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Sep 2026 % Chg
Promoters 52.11%52.11%52.11%52.16%52.23% +0.1%
FIIs 0.48%0.48%0.48%0.48%1.27% +164.6%
DIIs 0.00%0.00%0.00%0.00%— —
Public 47.40%47.40%47.42%47.35%46.51% -1.8%
No. of Shareholders 21,11521,55321,54921,07923,008 +9.2%

⚖️ Peer comparison

Industry: Electric Equipment · top 25 of 41 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 VOLTAMP Voltamp Transformers ₹11,006.00 11,135 35.1 2,274 317 16.0% 14.0% 11.3% -6.1% 28.3% 14.0%
2 TARIL Transformers And Rectifiers ₹291.30 8,744 28.5 2,831 313 16.4% 11.1% 24.2% 25.6% 60.7% 119.9%
3 SPECTRUM Spectrum Electrical ₹3,729.90 6,373 102.0 682 57 15.3% 8.4% 29.9% 77.2% 76.5% 131.9%
4 MARINE Marine Electricals ₹377.45 5,282 82.1 968 66 11.0% 6.8% 14.2% 55.6% 55.2% 45.9%
5 INDOTECH Indo Tech ₹3,323.80 3,530 35.5 846 99 15.1% 11.7% 28.0% 45.3% 39.0% 34.1%
6 WEBELSOLAR Websol Energy ₹75.52 3,279 10.3 1,203 313 37.4% 26.0% 82.1% 94.5% 70.1% 16.1%
7 RELTD Ravindra Energy ₹139.32 2,766 33.7 543 82 24.2% 15.0% 116.6% 265.6% -16.4% 0.0%
8 UEL Ujaas Energy ₹200.99 2,681 n/m 18 4 -19.3% 21.8% -34.7% -64.3% 14.5% 30.8%
9 RISHABH Rishabh Instruments ₹684.55 2,649 32.6 783 82 16.7% 10.5% 7.6% 289.8% 4.4% -3.2%
10 BBL Bharat Bijlee ₹2,246.80 2,540 22.7 2,355 112 6.5% 4.7% 19.5% -10.4% 17.7% -29.9%
11 EXICOM Exicom Tele-Systems ₹162.72 2,263 — 1,278 -265 -6.8% -20.7% 17.7% -584.4% 61.5% 11.4%
12 ALPEXSOLAR Alpex Solar ₹838.95 2,143 10.7 2,346 200 14.1% 8.5% 185.0% 143.4% 32.5% -5.1%
13 HONDAPOWER Honda India ₹1,930.30 1,958 29.7 900 66 9.7% 7.3% 9.1% -20.0% 22.1% 23.3%
14 HPL HPL Electric ₹284.15 1,827 20.0 1,944 92 14.8% 4.7% 6.6% -2.7% 34.5% 1.2%
15 IKIO IKIO Technologies ₹211.58 1,635 34.0 644 51 13.6% 7.9% 22.4% 28.8% 41.1% 452.3%
16 SERVOTECH Servotech Renewable ₹68.95 1,557 39.7 751 35 10.3% 4.7% -0.3% -3.3% 57.8% 77.0%
17 MODISONLTD MODISON ₹445.00 1,444 12.8 980 113 17.5% 11.5% 44.8% 193.8% 92.2% 99.8%
18 IGARASHI Igarashi Motors ₹425.45 1,339 81.7 912 16 9.6% 1.8% 3.3% -49.8% 22.5% 169.6%
19 ICEMAKE Ice Make ₹692.00 1,092 89.6 668 12 6.7% 1.8% 39.4% -47.6% 41.9% -14.3%
20 APS Australian Prem ₹520.15 1,049 18.6 689 56 13.4% 8.1% — — 43.7% 7.7%
21 WEL Wonder Electricals ₹72.50 972 80.6 734 12 4.4% 1.6% -26.8% -52.0% 51.0% 264.7%
22 SWELECTES Swelect Energy ₹608.40 945 22.1 610 44 22.6% 7.2% 5.7% 325.4% -26.2% -63.8%
23 SALZERELEC Salzer Electronics ₹501.30 886 20.3 1,815 44 7.5% 2.4% 24.0% -22.2% 12.9% -51.7%
24 SAHAJSOLAR Sahaj Solar ₹395.90 870 29.4 419 29 12.4% 7.0% — — 32.8% 6.3%
25 KECL Kirloskar Electric ₹121.07 804 107.1 561 7 5.5% 1.3% 8.4% 270.9% -21.5% -1526.2%
❓ Frequently asked questions
What was MODISON LIMITED's revenue in Q2 FY27?
MODISON LIMITED reported revenue of ₹279 crore for the quarter ended September 2026 (Q2 FY27), up 92.2% from ₹145 crore in the same quarter last year, and up 3.2% sequentially over the June 2026 quarter.
What was MODISON LIMITED's net profit in Q2 FY27?
Net profit rose 99.8% year-on-year to ₹23 crore, from ₹12 crore. Earnings per share (EPS) came in at ₹7.18.
What is MODISONLTD's market capitalisation and P/E ratio?
At the current price of ₹499.25, MODISONLTD has a market capitalisation of ₹1,620 crore and a trailing P/E of about 14.3.
Who owns MODISON LIMITED? (shareholding pattern)
As of Sep 2026, promoters held 52.23%, foreign institutional investors (FIIs) 1.27%, public shareholders 46.51% of MODISON LIMITED.
TTM ends 2026-09-30. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI