Modison logo

Modison share price

NSE: MODISONLTDBSE: 506261Electrical EquipmentSmall Cap

MODISON LIMITED · Formerly Modison Metals · Face value ₹1 · Listed Nov 1983 on BSE, May 2021 on NSE
Last close ₹362.35down ₹7.90 (2.13%)BSE ₹363.25

Share price at the NSE close on 29 Oct 2026. Previous close ₹370.25.

29 Oct: open ₹351.75, high ₹373.00, low ₹351.75

52-week range of traded prices to 29 Oct 2026
₹114.00Low, 23 Mar 2026₹546.00High, 2 Sep 2026
Market cap
₹1,176 Cr1,767th largest listed
P/E
10.39
P/B
3.65
Dividend yield
1.93%
ROE
41.3%
ROCE
29.7%
Debt to equity
0.69
Volume, NSE
2,76,182

Modison share price chart

Daily closes since Aug 2007, BSE closes Jan 2007 to Apr 2021, adjusted for splits and bonuses. On BSE it is in group T, traded trade for trade: every trade is settled by delivery, and none can be squared off the same day. Earlier closes are left out: on 3 Aug 2007 the price changed in a way no corporate action on record explains.

+138.8%over a year · BSE Industrials +0.2% · Nifty 500 −8.4%

ResultsDividend20-session average 1,12,710 shares a day

Results

Standalone, as consolidated accounts are on record for only 9 of the last ten years; ₹ crore.Modison quarterly results

Revenue growth, 12 months
+84.8%
Net profit growth, 12 months
+255.8%

Quarter to Sep 2026, against the quarter before

Revenue
₹279 Crup 3.16%
Net profit
₹23 Crdown 31.09%
Net margin
8.4%

Revenue by quarter

₹121 CrDec 24₹130 CrMar 25₹134 CrJun 25₹145 CrSep 25₹144 CrDec 25₹287 CrMar 26₹270 CrJun 26₹279 CrSep 26
Peak revenue ₹287 Cr, quarter to Mar 2026; lowest ₹121 Cr, quarter to Dec 2024

Net profit by quarter, a loss in red

₹5.81 CrDec 24₹9.54 CrMar 25₹4.80 CrJun 25₹12 CrSep 25₹20 CrDec 25₹36 CrMar 26₹34 CrJun 26₹23 CrSep 26
₹ croreDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Revenue121130134145144287270279
Net profit61051220363423
Net margin4.8%7.3%3.6%8.0%14.0%12.5%12.5%8.4%
Standalone. The last eight quarters. The latest is shaded.

Business segments

In the year to Mar 2026 the company reports one business segment, Manufacturig of Electrical Contacts, which carries all its revenue.

Valuation

Today, against the company's own history.Modison PE ratio and valuation

Price to earnings

At or below today's level on 30% of 2,314 trading days since May 2017.

LowestHighest
Its median13.60Industry median22.66
Price to book

At or below today's level on 97% of 1,945 trading days since Nov 2018.

LowestHighest
Its median1.35Industry median3.18
Dividend yield

At or below today's level on 88% of 2,478 trading days over the last 10 years.

LowestHighest
Its median0.00%Industry median0.22%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−0.9%+193.8%−67.9%4.7%
3 years+32.7%+86.6%−30.7%3.2%
5 years+22.4%+26.5%−5.3%2.6%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1, 3 and 5 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the years to Mar 2021, Mar 2023 and Mar 2026.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Modison shareholding pattern

Shareholding by group

  • Promoters52.23%
  • Foreign institutions1.27%
  • Individuals and others46.51%
Holder
GIRDHARILAL MODIPromoter23.37%
RAJKUMAR MODIPromoter20.79%
PRAKASH CHANDRA MODIResident individuals, over ₹2 lakh at face value14.02%
KUMAR JAY GIRDHARILAL MODIPromoter5.58%
LALITADEVI MODIResident individuals, over ₹2 lakh at face value1.60%
MODISON COPPER PRIVATE LIMITEDPromoter1.26%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Since Jun 2026: promoters unchanged, foreign institutions +0.35 pts.

Promoter and insider buying and selling

Trades made since 30 Oct 2025.Modison insider trading

Bought on the market Sold on the market
  • Promoters and promoter group1 purchase, 0 sales₹0.29 CrNo saleNet₹0.29 Cr
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

Modison competitors and peers

Other Electrical Equipment, 84 listed companies, priced on 29 Oct 2026. The table lists the 8 companies closest to Modison in market cap.Capital goods stocks

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Alpex Solar logoAlpex SolarALPEXSOLAR1,7228.613.06––51.4%28.3%0.00%
HINDUSTHAN INSULATORS and INDUSTRIES logoHINDUSTHAN INSULATORS and INDUSTRIESHIIL1,59412.503.10+71.8%–28.3%24.6%0.02%
Insolation Energy logoInsolation EnergyINA1,570––––––0.00%
Servotech Renewable Power System logoServotech Renewable Power SystemSERVOTECH1,46439.095.08+7.4%+11.8%14.3%11.0%0.03%
RIR Power Electronics logoRIR Power ElectronicsRIR1,094116.167.33+13.3%+7.0%6.5%6.5%0.07%
Vivid Electromech logoVivid ElectromechVIVIDEL1,06130.095.90––19.6%–0.00%
INDO SMC logoINDO SMCINDOSMC955––––––0.00%
Permanent Magnets logoPermanent MagnetsPERMAGN91552.095.48+31.4%+44.5%11.1%13.2%0.21%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Modison dividend history

Dividend per share, ₹, restated for later splits and bonuses

Mar 18Mar 19Mar 20Mar 211Mar 221Mar 232.5Mar 243.5Mar 255.5Mar 264Mar 27so far
Highest ₹5.50 a share, year to Mar 2026.
Ex-dateTypePer share
23 Oct 2026Interim₹4.00
14 Jul 2026Final₹3.00
8 Dec 2025Interim₹2.50
2 Sep 2025Final₹2.00
21 Feb 2025Interim₹1.50
23 Jul 2024Final₹2.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Modison announcements

Modison share price by year

Each calendar year to 2025.Modison share price history

YearClose at year endChangeHighest closeLowest close
2025154.36−18.8%191.20119.41
2024190.11+36.4%220.2299.50
2023139.40+111.4%139.4051.40
202265.95−21.5%92.9550.40
2021BSE close84.00+70.7%99.8043.95
2020BSE close49.20+56.7%49.3523.45
2019BSE close31.40−29.5%50.2530.10
2018BSE close44.55−39.9%89.5542.00
2017BSE close74.15+31.2%80.5055.15
2016BSE close56.50+1.0%61.2040.90
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The 9 trading days to 28 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolume
28 Oct 2026370.25377.00370.25370.25370.481,20,932
27 Oct 2026373.05399.00363.70389.70370.206,35,225
26 Oct 2026382.80382.80382.80382.80382.8046,303
23 Oct 2026402.90402.90402.90402.90402.9020,059
22 Oct 2026428.10428.10428.10428.10428.1018,898
21 Oct 2026450.60450.60450.60450.60450.608,259
19 Oct 2026474.30474.30474.30474.30474.3013,557
16 Oct 2026529.90545.00499.25499.25518.431,31,299
15 Oct 2026545.30545.30518.05525.50526.621,10,904
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.

Ex-dateEventPrice factorWhat happened
3 Aug 2007Price move–Between two trading sessions the price fell 47% or more, or rose 90% or more. No corporate action is on record. Earlier prices are not shown.
Where an event has no factor that can be worked out, the chart leaves out the closes before it.

Company details

Managing director
Girdhari Lal Modi
At the end of the quarter to Sep 2026
Managing director
Rajkumar Mohanlal Modi
At the end of the quarter to Sep 2026
Managing director
Kumar Jay Modi
At the end of the quarter to Sep 2026
Chairperson
Jayant Govindrao Kulkarni
At the end of the quarter to Sep 2026
NSE symbol
MODISONLTD
BSE code
506261
ISIN
INE737D01021
Industry
Electrical Equipment
Former symbols
MODISNME
CIN
L51900MH1983PLC029783
Corporate identity number, the registrar of companies' code for it
Incorporated
1983
Registered office
33 Nariman Bhavan, 227, Nariman Point, Mumbai 400021, Maharashtra
Share registrar
Purva Sharegistry (India) Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments