MODISON quarterly results and financials

MODISON (MODISONLTD)₹355.20+0.38%(9 Nov 2026 close)Other Electrical Equipment

Key facts

In the Sep 2026 quarter (consolidated), MODISON reported sales of ₹280 Cr, up 92.5% from Sep 2025, and net profit of ₹23.07 Cr, up 91.6% year on year. For the year to Mar 2026, sales were ₹711 Cr and net profit ₹73.27 Cr.

Sales (Sep 2026): ₹280 Cr
Net profit (Sep 2026): ₹23.07 Cr
Sales (FY Mar 2026): ₹711 Cr
Net profit (FY Mar 2026): ₹73.27 Cr
EPS (Sep 2026): ₹7.20
Borrowings (Mar 2026): ₹174 Cr

Company filings, consolidated accounts; latest reported quarter Sep 2026

MODISON quarterly results

₹ crore unless stated; each column is a quarter.

MODISON Quarterly results
	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Sales	108	114	116	122	121	130	134	145	144	288	270	280
Expenses	98.79	104	108	112	110	115	126	127	125	216	220	247
Operating Profit	8.99	8.98	7.99	9.98	10.99	14.97	8.98	17.96	18.97	70.88	49.89	30.93
OPM %	8.1%	8.1%	7.0%	8.1%	9.1%	12.1%	6.0%	13.1%	13.1%	25.1%	19.1%	11.1%
Other Income	0.00	2.01	−4.01	4.01	0.00	2.01	2.01	1.01	13.02	−18.03	2.01	7.02
Interest	0.99	0.99	0.99	1.99	0.99	1.99	1.99	1.99	1.99	2.99	3.99	4.99
Depreciation	1.99	2.01	2.01	2.01	2.01	1.99	2.01	2.01	1.99	3.01	2.01	2.01
Profit before tax	6.01	9.02	2.01	11.01	8.02	13.02	6.01	16.04	27.04	48.09	46.09	31.05
Tax %	26.9%	27.9%	32.0%	24.9%	25.9%	27.0%	24.9%	25.9%	25.9%	25.0%	26.0%	24.0%
Exceptional items	0.00	1.01	−3.01	2.01	0.00	0.00	−1.01	1.01	9.01	−15.01	0.00	3.01
Net Profit	4.01	6.02	1.01	8.03	6.02	10.04	5.01	12.04	20.06	36.14	34.11	23.07
EPS (Rs)	1.27	1.91	0.36	2.53	1.80	2.95	1.49	3.60	6.19	11.12	10.46	7.20

MODISON profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

MODISON Profit and loss
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	171	168	191	202	219	293	341	335	406	491	711	982
Expenses	155	142	159	174	192	252	308	310	371	444	591	807
Operating Profit	16.98	25.95	30.93	26.96	26.97	39.97	29.97	24.97	31.94	44.92	118	171
OPM %	10.1%	16.1%	16.1%	14.1%	12.1%	14.1%	9.1%	7.0%	8.1%	9.1%	17.1%	17.4%
Other Income	0.00	1.01	0.00	4.01	0.00	−2.01	−2.01	−1.01	6.01	2.01	−3.01	4.02
Interest	3.99	3.99	2.99	1.99	1.99	1.99	1.99	1.99	2.99	5.99	8.99	13.96
Depreciation	7.01	6.01	6.01	6.01	6.01	6.01	7.01	6.01	6.01	7.99	10.01	9.02
Profit before tax	7.01	17.03	22.05	24.05	19.02	30.06	20.05	15.03	29.07	34.05	97.18	152
Tax %	30.9%	37.0%	34.9%	29.9%	20.0%	24.9%	26.0%	26.9%	26.9%	26.0%	25.0%	—
Exceptional items	0.00	0.00	0.00	2.01	−2.01	−2.01	−2.01	−2.01	4.01	−1.01	−6.01	−2.99
Net Profit	5.02	11.04	14.06	16.04	15.05	22.09	15.04	11.03	21.08	25.09	73.27	113
EPS (Rs)	1.43	3.36	4.40	5.06	4.67	6.94	4.52	3.46	6.59	7.63	22.42	34.97
Dividend payout %	53.1%	30.1%	23.1%	30.1%	21.1%	22.0%	22.1%	29.1%	38.1%	46.1%	25.0%	—

MODISON balance sheet

₹ crore, at each year end.

MODISON Balance sheet
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	2.99	3.00
Reserves	94.08	101	111	124	144	161	173	184	200	213	272
Borrowings	27.01	21.01	18.02	13.02	26.03	12.01	17.01	5.00	32.00	73.04	174
Other Liabilities	23.11	19.09	19.09	22.11	18.08	26.12	21.10	29.14	36.17	30.15	54.25
Total Liabilities	148	145	152	162	191	203	214	222	271	319	504
Fixed Assets	57.16	61.19	60.15	60.24	58.15	62.17	70.20	69.25	79.29	92.28	94.33
CWIP	1.99	0.99	0.99	0.99	2.99	2.99	2.99	9.99	9.98	3.99	2.99
Investments	0.00	0.00	0.00	0.00	2.01	2.01	2.01	2.01	2.01	0.00	0.00
Other Assets	89.05	83.08	91.14	102	128	135	140	141	181	224	406
Inventories	45.03	40.02	42.01	47.07	61.09	60.04	65.05	79.07	96.13	127	220
Trade receivables	30.94	28.95	38.92	41.88	44.87	59.85	57.91	52.89	65.88	85.83	160
Cash & equivalents	2.01	2.01	2.01	2.01	3.01	0.00	5.01	1.01	1.01	1.01	1.01
Total Assets	148	145	152	162	191	203	214	222	271	319	504

MODISON cash flow

₹ crore, for each year.

MODISON Cash flow
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	13.01	26.02	12.01	19.02	19.01	23.99	13.99	21.99	−3.99	−15.99	−64.01
Cash from investing activity	−6.01	−11.01	−3.01	−8.01	−15.01	−4.01	−10.99	−13.01	−15.01	−8.99	−15.01
Cash from financing activity	−5.99	−14.99	−8.99	−9.99	−2.99	−20.95	0.99	−13.98	18.97	23.95	79.90
Net cash flow	0.00	0.00	0.00	0.00	1.01	−1.01	4.01	−4.01	0.00	0.00	0.00
Capex	6.49	9.71	3.63	8.25	14.42	5.72	12.61	12.50	15.89	15.52	15.13
Free cash flow	6.01	17.02	9.02	11.02	5.01	18.04	3.01	10.02	−20.03	−32.04	−79.11
CFO / OP %	93.0%	121.0%	66.0%	91.0%	94.0%	77.0%	69.0%	110.0%	12.0%	−18.0%	−36.0%

MODISON ratios

Working-capital days and returns, by year.

MODISON Ratios
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor days	64	62	74	75	74	74	61	57	59	63	81
Inventory days	129	131	119	123	145	103	89	108	108	120	151
Days payable	12	16	12	17	12	11	10	14	12	10	12
Cash conversion cycle	183	179	183	183	208	167	142	153	157	175	222
Working capital days	81	90	104	119	126	119	105	117	97	92	91
ROCE %	—	17.1%	20.1%	17.1%	—	20.0%	14.1%	10.1%	12.1%	15.1%	31.1%

MODISON: frequently asked questions

What are the latest quarterly results of MODISON?

For the Sep 2026 quarter, MODISON reported sales of ₹280 Cr, up 92.5% year on year and net profit of ₹23.07 Cr, up 91.6% year on year. The operating margin was 11.1%.

What is the annual revenue of MODISON?

MODISON's sales for the year to Mar 2026 were ₹711 Cr; over the last twelve months they were ₹982 Cr.

What is the net profit of MODISON?

Net profit for the year to Mar 2026 was ₹73.27 Cr, and ₹113 Cr over the last twelve months. Earnings per share over the same trailing period were ₹34.97.

How much debt does MODISON have?

MODISON reported borrowings of ₹174 Cr at Mar 2026, against cash and equivalents of ₹1.01 Cr.

What is the free cash flow of MODISON?

Cash from operations was −₹64.01 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹79.11 Cr.

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