Modison Limited (IN:MODISONLTD)
:MODISONLTD
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Modison Limited
(MODISONLTD)
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Rating:66Neutral
Price Target:
₹270.00
▲(67.75% Upside)
Action:Downgraded
Date:05/27/26
The score is primarily constrained by weak cash conversion (negative operating/free cash flow for FY2024–FY2026) and rising leverage, despite strong FY2026 growth and profitability. Technicals show strong uptrend but overbought signals add near-term risk, while valuation is a clear positive with a very low P/E and a modest dividend yield.
Positive Factors
Revenue Growth Acceleration
A multi-year step-up in revenue, with FY2026 growth markedly higher than prior years, signals expanding end-market penetration and stronger order activity. Sustained top-line momentum supports capacity utilization, fixed-cost absorption and the potential for durable earnings gains if industry demand remains intact.
Negative Factors
Negative Cash Generation
Three consecutive years of negative operating and free cash flow materially weaken internal funding ability and raise dependence on external financing. Persistent cash deficits constrain capex, working-capital flexibility and resilience to demand shocks, making growth and margin gains more fragile without cash recovery.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth Acceleration
A multi-year step-up in revenue, with FY2026 growth markedly higher than prior years, signals expanding end-market penetration and stronger order activity. Sustained top-line momentum supports capacity utilization, fixed-cost absorption and the potential for durable earnings gains if industry demand remains intact.
Read all positive factors
Modison Limited (MODISONLTD) vs. iShares MSCI India ETF (INDA)
Market Cap
₹6.77B
Dividend Yield4.34%
Average Volume (3M)5.81K
Price to Earnings (P/E)5.2
Beta (1Y)1.36
Revenue Growth44.89%
EPS Growth193.82%
CountryIN
Employees256
SectorBasic Materials
Sector Strength58
IndustryElectrical Equipment & Parts
Share Statistics
EPS (TTM)9.80
Shares Outstanding32,450,000
10 Day Avg. Volume3,652
30 Day Avg. Volume5,808
Financial Highlights & Ratios
PEG Ratio0.03
Price to Book (P/B)1.37
Price to Sales (P/S)0.53
P/FCF Ratio-4.34
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Modison Limited Business Overview & Revenue Model
Company Description
Modison Limited manufactures and sells electrical contacts for low, medium, and high voltage switchgear industries in India and internationally. The company provides electrical contacts for low voltage applications, including silver tin oxide, sil...
How the Company Makes Money
Modison Limited makes money primarily by manufacturing and selling precious-metal-based electrical contact materials and related components to industrial customers (e.g., manufacturers of electrical switching, protection, and control equipment). I...
Modison Limited Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
63
Positive
Cash Flow
28
Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 5.31B | 7.10B | 4.90B | 4.04B | 3.35B | 3.39B |
| Gross Profit | 969.71M | 1.44B | 712.77M | 815.79M | 704.21M | 664.24M |
| EBITDA | 589.14M | 1.18B | 473.89M | 381.81M | 230.02M | 283.86M |
| Net Income | 318.14M | 725.35M | 246.81M | 213.62M | 111.77M | 146.31M |
Balance Sheet | ||||||
| Total Assets | 3.54B | 5.03B | 3.19B | 2.71B | 2.22B | 2.14B |
| Cash, Cash Equivalents and Short-Term Investments | 43.31M | 14.90M | 12.11M | 8.09M | 4.79M | 43.20M |
| Total Debt | 853.50M | 1.74B | 727.65M | 317.11M | 50.02M | 174.23M |
| Total Liabilities | 1.27B | 2.28B | 1.03B | 678.35M | 344.04M | 384.08M |
| Stockholders Equity | 2.27B | 2.75B | 2.17B | 2.03B | 1.87B | 1.76B |
Cash Flow | ||||||
| Free Cash Flow | -6.39M | -865.35M | -367.27M | -197.32M | 100.12M | 17.85M |
| Operating Cash Flow | 57.14M | -714.33M | -212.59M | -38.86M | 224.92M | 143.54M |
| Investing Cash Flow | -85.39M | -154.89M | -88.71M | -154.01M | -125.76M | -109.07M |
| Financing Cash Flow | 28.56M | 869.28M | 296.96M | 193.77M | -137.56M | 6.60M |
Modison Limited Technical Analysis
Positive
160.95
Price Trends
145.80
Positive
146.97
Positive
149.37
Positive
Market Momentum
9.88
Negative
81.66
Negative
84.54
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:MODISONLTD, the sentiment is Positive. The current price of 160.95 is below the 20-day moving average (MA) of 167.51, above the 50-day MA of 145.80, and above the 200-day MA of 149.37, indicating a bullish trend. The MACD of 9.88 indicates Negative momentum. The RSI at 81.66 is Negative, neither overbought nor oversold. The STOCH value of 84.54 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:MODISONLTD.
Modison Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | ₹3.05B | 12.24 | ― | 0.52% | 24.27% | 25.68% | |
70 Outperform | ₹2.17B | 8.32 | ― | 0.86% | 15.97% | 43.65% | |
66 Neutral | ₹6.77B | 5.18 | ― | 4.34% | 44.89% | 193.82% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
56 Neutral | ₹2.53B | 6.60 | ― | 1.02% | -3.86% | -16.79% | |
53 Neutral | ₹6.00B | 20.39 | ― | ― | 9.11% | -24.19% | |
45 Neutral | ₹4.61B | -10.24 | ― | ― | 42.18% | ― |
* Basic Materials Sector Average
IN:MODISONLTD
Modison Limited
250.20
101.71
68.50%
IN:CORDSCABLE
Cords Cable Industries Limited
229.85
37.14
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IN:ELIN
Elin Electronics Limited
118.15
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-33.72%
IN:GEEKAYWIRE
Geekay Wires Ltd.
24.58
-10.71
-30.35%
IN:S&SPOWER
S&S Power Switchgear Ltd.
380.70
13.00
3.54%
IN:VETO
Veto Switchgears & Cables Ltd.
112.45
4.11
3.79%
Modison Limited Corporate Events
Modison Publishes Audited FY26 Results in Line with SEBI Norms
May 24, 2026
Modison Limited has published extracts of its audited standalone and consolidated financial results for the quarter and year ended 31 March 2026, following approval by its board on 22 May 2026. The results have been disseminated via leading Englis...
Modison Board Clears FY26 Results, Proposes Final Dividend and Cost Auditor Reappointment
May 22, 2026
Modison Limited’s board has approved the audited standalone and consolidated financial statements and results for the quarter and full year ended 31 March 2026, accompanied by an unmodified auditor’s opinion, underscoring compliance wi...
Modison to Close Trading Window Ahead of FY 2026 Results
Mar 26, 2026
Modison Limited has announced a closure of its trading window for dealing in company shares starting April 1, 2026, as it prepares and finalizes its audited financial results for the quarter and financial year ended March 31, 2026. The trading win...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.