Modison Ltd
Incorporated in 1975, Modison Ltd manufactures Electrical contacts in the LV, MV & HV segments[1]
- Market Cap ₹ 448 Cr.
- Current Price ₹ 138
- High / Low ₹ 159 / 58.5
- Stock P/E 23.9
- Book Value ₹ 60.1
- Dividend Yield 0.72 %
- ROCE 10.2 %
- ROE 7.10 %
- Face Value ₹ 1.00
Pros
- Company has been maintaining a healthy dividend payout of 24.3%
Cons
- Company has a low return on equity of 10.8% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Capital Goods - Electrical Equipment Industry: Electric Equipment
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|
171 | 168 | 191 | 201 | 219 | 292 | 340 | 335 | 378 | |
155 | 142 | 159 | 174 | 192 | 252 | 309 | 310 | 345 | |
Operating Profit | 17 | 26 | 31 | 27 | 27 | 40 | 30 | 25 | 34 |
OPM % | 10% | 16% | 16% | 14% | 12% | 14% | 9% | 7% | 9% |
0 | 1 | 0 | 4 | 0 | -2 | -2 | -1 | 6 | |
Interest | 4 | 4 | 3 | 2 | 2 | 2 | 2 | 2 | 2 |
Depreciation | 7 | 6 | 6 | 6 | 6 | 6 | 7 | 6 | 6 |
Profit before tax | 7 | 17 | 22 | 24 | 19 | 30 | 20 | 15 | 31 |
Tax % | 31% | 37% | 35% | 30% | 20% | 25% | 26% | 27% | |
5 | 11 | 14 | 16 | 15 | 22 | 15 | 11 | 23 | |
EPS in Rs | 1.42 | 3.35 | 4.39 | 5.05 | 4.66 | 6.92 | 4.51 | 3.45 | 7.05 |
Dividend Payout % | 53% | 30% | 23% | 30% | 21% | 22% | 22% | 29% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 11% |
3 Years: | 15% |
TTM: | 9% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | -2% |
3 Years: | -9% |
TTM: | 34% |
Stock Price CAGR | |
---|---|
10 Years: | 15% |
5 Years: | 27% |
3 Years: | 33% |
1 Year: | 130% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 11% |
Last Year: | 7% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|
Equity Capital | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
Reserves | 94 | 101 | 111 | 124 | 144 | 161 | 173 | 184 | 192 |
27 | 21 | 18 | 13 | 26 | 12 | 17 | 5 | 26 | |
23 | 19 | 19 | 22 | 18 | 26 | 21 | 29 | 30 | |
Total Liabilities | 148 | 145 | 152 | 162 | 191 | 203 | 214 | 222 | 251 |
57 | 61 | 60 | 60 | 58 | 62 | 70 | 69 | 66 | |
CWIP | 2 | 1 | 1 | 1 | 3 | 3 | 3 | 10 | 17 |
Investments | 0 | 0 | 0 | 0 | 2 | 2 | 2 | 2 | 2 |
89 | 83 | 91 | 102 | 128 | 135 | 140 | 141 | 166 | |
Total Assets | 148 | 145 | 152 | 162 | 191 | 203 | 214 | 222 | 251 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|
13 | 26 | 12 | 19 | 19 | 24 | 14 | 22 | |
-6 | -11 | -3 | -8 | -15 | -4 | -11 | -13 | |
-6 | -15 | -9 | -10 | -3 | -21 | 1 | -14 | |
Net Cash Flow | 0 | -0 | -0 | 0 | 1 | -1 | 4 | -4 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 65 | 63 | 75 | 76 | 75 | 75 | 62 | 58 |
Inventory Days | 130 | 132 | 120 | 124 | 146 | 104 | 90 | 109 |
Days Payable | 11 | 15 | 11 | 16 | 11 | 10 | 9 | 13 |
Cash Conversion Cycle | 184 | 180 | 184 | 184 | 209 | 168 | 143 | 154 |
Working Capital Days | 136 | 135 | 139 | 141 | 169 | 134 | 124 | 122 |
ROCE % | 17% | 20% | 17% | 20% | 14% | 10% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
11m - Circumstances, meeting is postponed to some future date, which will inform in due course.
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 30 Apr
- Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2 18 Apr
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 18 Apr
- Compliances - Certificate Under Regulation 40(10) Of SEBI (LODR) Regulations 8 Apr
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Concalls
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Mar 2024TranscriptNotesPPT
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Nov 2023TranscriptNotesPPT
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Aug 2023TranscriptNotesPPT
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Jun 2023TranscriptNotesPPT
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Feb 2023TranscriptNotesPPT
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Nov 2022TranscriptNotesPPT
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Oct 2022TranscriptPPT
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Aug 2022TranscriptNotesPPT
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Feb 2022TranscriptNotesPPT
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Nov 2021TranscriptNotesPPT
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Aug 2021TranscriptNotesPPT
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Aug 2021TranscriptNotesPPT
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Jun 2021TranscriptNotesPPT
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Feb 2021TranscriptNotesPPT
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Dec 2020TranscriptNotesPPT
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Feb 2017TranscriptNotesPPT
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Feb 2016TranscriptNotesPPT
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Dec 2015TranscriptNotesPPT
Business Overview:[1]
Modison is an ISO 9001:2015, ISO 14001:2015, ISO 45001:2018 accredited company. It has a technical collaboration with DODUCO KG, Pforzheim, Germany and is one of the few companies globally manufacturing silver electrical contact materials and finished contacts for Low, Medium, High & Extra High Voltage switchgear industry