Modipon Ltd (503776)
Latest quarterly results (Q4 FY26)
In its latest reported quarter, Q4 FY26, Modipon's revenue was ₹0.0 Cr, and net profit ₹-0.2 Cr (a bigger loss than a year earlier).
| Q4 FY26 (₹ Cr) | Value | YoY vs Q4 FY25 | QoQ |
|---|---|---|---|
| Revenue | ₹0.0 | — | — |
| Operating profit | ₹-0.2 | — | loss widened |
| Net profit | ₹-0.2 | loss widened | loss widened |
| EPS (₹) | -0.14 | loss widened | loss widened |
📢 Recent Corporate Announcements
Modipon Ltd continues to report zero operational revenue for the quarter ended June 30, 2026, as manufacturing has been discontinued since 2007. The net loss for the quarter widened to Rs 13.42 Lakh compared to a loss of Rs 9.04 Lakh in the same period last year. The company remains technically insolvent with a negative net worth of Rs 92.39 Cr and total borrowings of approximately Rs 46 Cr. Significant legal disputes persist, including a failed One Time Settlement (OTS) with Punjab National Bank and unprovided interest liabilities exceeding Rs 10 Cr.
- Revenue from operations remained at Rs 0.00, consistent with the company's defunct status since May 2007.
- Net loss for the quarter stood at Rs 13.42 Lakh, primarily driven by employee benefit expenses of Rs 9.00 Lakh.
- Total borrowings are reported at Rs 46.01 Cr (Rs 38.76 Cr current and Rs 7.25 Cr non-current) against a market cap of only Rs 40 Cr.
- Unprovided interest on overdue supplier payments amounts to Rs 10.00 Cr as of March 2008, with subsequent interest still unquantified.
- 15% Redeemable cumulative preference shares have remained overdue for redemption since March 31, 1996.
Modipon Ltd continues to report zero revenue for the quarter ended June 30, 2026, as manufacturing operations have been permanently discontinued since 2007. The company posted a net loss of Rs 13.42 Lakhs, widening from a loss of Rs 9.04 Lakhs in the same period last year. The balance sheet remains severely stressed with a negative net worth, as 'Other Equity' stands at -Rs 103.97 Cr. Significant debt issues persist, including ongoing litigation with Punjab National Bank and unprovided interest liabilities exceeding Rs 10 Cr from prior years.
- Revenue from operations remained at Rs 0.00 for the quarter ended June 30, 2026.
- Net loss widened to Rs 13.42 Lakhs from Rs 9.04 Lakhs in the year-ago quarter.
- Negative 'Other Equity' reported at -Rs 10,396.65 Lakhs (approx. -Rs 104 Cr).
- Total borrowings (Current and Non-current) stand at approximately Rs 46.01 Cr.
- Unprovided interest of Rs 1,000.54 Lakhs on overdue supplier payments remains a legacy liability since 2008.
Modipon Ltd has scheduled a board meeting for August 14, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026. The company is currently in a distressed financial state with zero revenue reported over the last four quarters and a negative net worth of Rs -92 Cr. The trading window for designated persons remains closed from July 01, 2026, until August 16, 2026. Given the TTM revenue of Rs 0 Cr, the upcoming results are critical to see if any business activity has resumed.
- Board meeting scheduled for August 14, 2026, to approve Q1 FY27 results.
- Trading window closed for 47 days from July 01, 2026, to August 16, 2026.
- Company reported zero revenue (Rs 0.0 cr) for the preceding four quarters ending March 2026.
- Net worth stands at a negative Rs -92 Cr as per latest available data.
Financial Performance
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Strategic Growth
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