Ankündigung • May 14
Modison Limited to Report Q4, 2026 Results on May 22, 2026 Modison Limited announced that they will report Q4, 2026 results on May 22, 2026 Ankündigung • Feb 07
Modison Limited Announces Intimation-Fire Incident At Factor Premises Modison Limited announced that a fire incident occurred in the early hours of February 7, 2026, at a part of the factory premises located at 85A, Phase-1, GIDC, Vapi - 396195, Gujarat, which houses an ongoing manufacturing facility/plant. Although there is no loss of life or injuries reported. However, there will be temporary disruption in the operations of the affected plant. Quantum of loss/damage caused. The company currently assessing the full extent of the damage and its potential impact on production. New Risk • Feb 03
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 23% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Market cap is less than US$100m (₹4.80b market cap, or US$53.1m). Reported Earnings • Feb 03
Third quarter 2026 earnings released: EPS: ₹6.18 (vs ₹1.79 in 3Q 2025) Third quarter 2026 results: EPS: ₹6.18 (up from ₹1.79 in 3Q 2025). Revenue: ₹1.45b (up 19% from 3Q 2025). Net income: ₹200.6m (up 245% from 3Q 2025). Profit margin: 14% (up from 4.8% in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth. Ankündigung • Jan 22
Modison Limited to Report Q3, 2026 Results on Feb 02, 2026 Modison Limited announced that they will report Q3, 2026 results on Feb 02, 2026 Reported Earnings • Nov 16
Second quarter 2026 earnings released: EPS: ₹3.59 (vs ₹2.53 in 2Q 2025) Second quarter 2026 results: EPS: ₹3.59 (up from ₹2.53 in 2Q 2025). Revenue: ₹1.45b (up 19% from 2Q 2025). Net income: ₹116.6m (up 42% from 2Q 2025). Profit margin: 8.0% (up from 6.7% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 34% per year and the company’s share price has also increased by 34% per year. Board Change • Nov 14
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Non Executive Independent Director Preeti Shah was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • Nov 04
Modison Limited to Report Q2, 2026 Results on Nov 14, 2025 Modison Limited announced that they will report Q2, 2026 results on Nov 14, 2025 Upcoming Dividend • Aug 26
Upcoming dividend of ₹2.00 per share Eligible shareholders must have bought the stock before 02 September 2025. Payment date: 08 October 2025. Payout ratio is a comfortable 46% but the company is not cash flow positive. Trailing yield: 2.2%. Within top quartile of Indian dividend payers (1.3%). Higher than average of industry peers (0.4%). Reported Earnings • Aug 14
Full year 2025 earnings released: EPS: ₹7.61 (vs ₹6.58 in FY 2024) Full year 2025 results: EPS: ₹7.61 (up from ₹6.58 in FY 2024). Revenue: ₹4.90b (up 21% from FY 2024). Net income: ₹246.8m (up 16% from FY 2024). Profit margin: 5.0% (down from 5.3% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • Aug 05
Modison Limited to Report Q1, 2026 Results on Aug 14, 2025 Modison Limited announced that they will report Q1, 2026 results at 12:15 PM, Indian Standard Time on Aug 14, 2025 Ankündigung • Aug 04
Modison Limited, Annual General Meeting, Sep 09, 2025 Modison Limited, Annual General Meeting, Sep 09, 2025, at 11:30 Indian Standard Time. New Risk • Jul 21
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (22% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.9% average weekly change). Market cap is less than US$100m (₹6.17b market cap, or US$71.5m). Reported Earnings • May 28
Full year 2025 earnings released: EPS: ₹7.61 (vs ₹6.58 in FY 2024) Full year 2025 results: EPS: ₹7.61 (up from ₹6.58 in FY 2024). Revenue: ₹4.94b (up 22% from FY 2024). Net income: ₹246.8m (up 16% from FY 2024). Profit margin: 5.0% (down from 5.3% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • May 16
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹138, the stock trades at a trailing P/E ratio of 21x. Average trailing P/E is 39x in the Electrical industry in India. Total returns to shareholders of 114% over the past three years. Ankündigung • May 16
Modison Limited to Report Fiscal Year 2025 Results on May 27, 2025 Modison Limited announced that they will report fiscal year 2025 results on May 27, 2025 Valuation Update With 7 Day Price Move • Mar 07
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹141, the stock trades at a trailing P/E ratio of 21.5x. Average trailing P/E is 35x in the Electrical industry in India. Total returns to shareholders of 101% over the past three years. Reported Earnings • Feb 15
Third quarter 2025 earnings released: EPS: ₹1.79 (vs ₹1.26 in 3Q 2024) Third quarter 2025 results: EPS: ₹1.79 (up from ₹1.26 in 3Q 2024). Revenue: ₹1.21b (up 13% from 3Q 2024). Net income: ₹58.1m (up 43% from 3Q 2024). Profit margin: 4.8% (up from 3.8% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Feb 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.6% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.6% average weekly change). Market cap is less than US$100m (₹4.99b market cap, or US$57.2m). Ankündigung • Jan 30
Modison Limited to Report Q3, 2025 Results on Feb 13, 2025 Modison Limited announced that they will report Q3, 2025 results on Feb 13, 2025 Ankündigung • Jan 08
Modison Limited Announces the Resignation of Reema Solanki as Company Secretary Modison Limited announced the resignation of Ms. Reema Solanki as Company Secretary with effect from January 8, 2025. Reported Earnings • Nov 15
Second quarter 2025 earnings released: EPS: ₹2.53 (vs ₹1.73 in 2Q 2024) Second quarter 2025 results: EPS: ₹2.53 (up from ₹1.73 in 2Q 2024). Revenue: ₹1.24b (up 28% from 2Q 2024). Net income: ₹81.9m (up 46% from 2Q 2024). Profit margin: 6.6% (up from 5.8% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • Nov 12
Modison Limited to Report Q2, 2025 Results on Nov 13, 2024 Modison Limited announced that they will report Q2, 2025 results on Nov 13, 2024 Board Change • Oct 29
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Non-Executive & Independent Chairperson Jayant Kulkarni was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Sep 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.9% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.7% average weekly change). Market cap is less than US$100m (₹6.86b market cap, or US$81.8m). Valuation Update With 7 Day Price Move • Sep 17
Investor sentiment improves as stock rises 34% After last week's 34% share price gain to ₹211, the stock trades at a trailing P/E ratio of 40.3x. Average trailing P/E is 52x in the Electrical industry in India. Total returns to shareholders of 215% over the past three years. Reported Earnings • Aug 14
First quarter 2025 earnings released: EPS: ₹0.35 (vs ₹1.70 in 1Q 2024) First quarter 2025 results: EPS: ₹0.35 (down from ₹1.70 in 1Q 2024). Revenue: ₹1.17b (up 36% from 1Q 2024). Net income: ₹11.5m (down 79% from 1Q 2024). Profit margin: 1.0% (down from 6.4% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings. Ankündigung • Aug 03
Modison Limited to Report Q1, 2025 Results on Aug 13, 2024 Modison Limited announced that they will report Q1, 2025 results on Aug 13, 2024 Ankündigung • Aug 01
Modison Limited Approves Final Dividend for the Financial Year Ended March 31, 2024 Modison Limited at its Annual General Meeting held on 30 July 2024 approved the payment of dividend of INR 2/- per equity share having face value of INR 1/- each i.e. 200% of the paid-up equity capital of the Company for the financial year ended 31 March, 2024. Reported Earnings • Jul 07
Full year 2024 earnings released: EPS: ₹6.58 (vs ₹3.44 in FY 2023) Full year 2024 results: EPS: ₹6.58 (up from ₹3.44 in FY 2023). Revenue: ₹4.05b (up 21% from FY 2023). Net income: ₹213.6m (up 91% from FY 2023). Profit margin: 5.3% (up from 3.3% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Declared Dividend • Jul 06
Final dividend of ₹2.00 announced Shareholders will receive a dividend of ₹2.00. Ex-date: 23rd July 2024 Payment date: 29th August 2024 Dividend yield will be 1.8%, which is higher than the industry average of 0.4%. Sustainability & Growth Dividend is covered by earnings (38% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 5.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Ankündigung • Jul 05
Modison Limited, Annual General Meeting, Jul 30, 2024 Modison Limited, Annual General Meeting, Jul 30, 2024, at 11:30 Indian Standard Time. Reported Earnings • Jun 04
Full year 2024 earnings released: EPS: ₹6.58 (vs ₹3.44 in FY 2023) Full year 2024 results: EPS: ₹6.58 (up from ₹3.44 in FY 2023). Revenue: ₹4.05b (up 21% from FY 2023). Net income: ₹213.6m (up 91% from FY 2023). Profit margin: 5.3% (up from 3.3% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings. Ankündigung • May 30
Modison Limited Recommends Final Dividend for the Financial Year 2023-2024 Modison Limited announced that at its board meeting held on 29 May 2024, recommended the payment of final dividend at 200% that is INR 2 per equity share of face value of INR 1 each for the financial year 2023-2024, subject To Approve the shareholders in the upcoming Annual General Meeting (AGM) of the company. The dividend, if approved at the upcoming AGM of the company, shall be paid /dispatched within 30 days of upcoming AGM. The date of Annual General Meeting will be intimated in due course of time. Ankündigung • May 20
Modison Limited to Report Fiscal Year 2024 Results on May 29, 2024 Modison Limited announced that they will report fiscal year 2024 results on May 29, 2024 New Risk • Apr 12
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 4.6% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Market cap is less than US$100m (₹4.58b market cap, or US$54.9m). Valuation Update With 7 Day Price Move • Apr 02
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹123, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 37x in the Electrical industry in India. Total returns to shareholders of 175% over the past three years. Valuation Update With 7 Day Price Move • Mar 12
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹106, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 36x in the Electrical industry in India. Total returns to shareholders of 127% over the past three years. Upcoming Dividend • Feb 16
Upcoming dividend of ₹0.50 per share Eligible shareholders must have bought the stock before 23 February 2024. Payment date: 11 March 2024. Trailing yield: 0.7%. Lower than top quartile of Indian dividend payers (1.2%). Higher than average of industry peers (0.4%). Reported Earnings • Feb 14
Third quarter 2024 earnings released: EPS: ₹1.26 (vs ₹0.63 loss in 3Q 2023) Third quarter 2024 results: EPS: ₹1.26 (up from ₹0.63 loss in 3Q 2023). Revenue: ₹1.08b (up 39% from 3Q 2023). Net income: ₹40.8m (up ₹61.2m from 3Q 2023). Profit margin: 3.8% (up from net loss in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 42% per year, which means it is well ahead of earnings. Ankündigung • Jan 31
Modison Limited to Report Q3, 2024 Results on Feb 13, 2024 Modison Limited announced that they will report Q3, 2024 results on Feb 13, 2024 New Risk • Jan 31
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 8.7% per year over the past 5 years. Earnings have declined by 8.7% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Paying a dividend despite having no free cash flows. Market cap is less than US$100m (₹5.11b market cap, or US$61.6m). Market cap is less than US$100m (₹5.11b market cap, or US$61.6m). Valuation Update With 7 Day Price Move • Jan 31
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₹158, the stock trades at a trailing P/E ratio of 30.5x. Average trailing P/E is 40x in the Electrical industry in India. Total returns to shareholders of 257% over the past three years. Board Change • Jan 18
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. No experienced directors. 6 highly experienced directors. Non-Executive & Independent Chairperson Jayant Kulkarni was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Jan 10
Modison Limited Announces Resignation of Vijay Kumar Modi as Whole Time Director Modison Limited announced that Mr. Vijay Kumar Modi, Whole time Director of the company vide his letter dated January 10, 2024 has tendered his resignation with immediate effect for personal reasons and there are no other reasons for his resignation. Valuation Update With 7 Day Price Move • Dec 11
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹136, the stock trades at a trailing P/E ratio of 26.3x. Average trailing P/E is 37x in the Electrical industry in India. Total returns to shareholders of 195% over the past three years. New Risk • Dec 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 8.7% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.2% average weekly change). Market cap is less than US$100m (₹3.93b market cap, or US$47.1m). Valuation Update With 7 Day Price Move • Nov 09
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to ₹108, the stock trades at a trailing P/E ratio of 20.9x. Average trailing P/E is 36x in the Electrical industry in India. Total returns to shareholders of 210% over the past three years. Reported Earnings • Nov 04
Second quarter 2024 earnings released: EPS: ₹1.73 (vs ₹0.14 in 2Q 2023) Second quarter 2024 results: EPS: ₹1.73 (up from ₹0.14 in 2Q 2023). Revenue: ₹972.6m (up 21% from 2Q 2023). Net income: ₹56.1m (up ₹51.5m from 2Q 2023). Profit margin: 5.8% (up from 0.6% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 36% per year, which means it is well ahead of earnings. Ankündigung • Oct 28
Modison Limited Announces Resignation of Manika Arora as Company Secretary, Effective from November 28, 2023 Modison Limited announced that Ms. Manika Arora, has resigned from the position of the Company Secretary of the Company with effect from 28Th November, 2023. Ankündigung • Oct 24
Modison Limited to Report Q2, 2024 Results on Nov 02, 2023 Modison Limited announced that they will report Q2, 2024 results on Nov 02, 2023 New Risk • Aug 03
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 10% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.5% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.5% net profit margin). Market cap is less than US$100m (₹2.66b market cap, or US$32.1m). Reported Earnings • Aug 03
First quarter 2024 earnings released: EPS: ₹1.70 (vs ₹1.57 in 1Q 2023) First quarter 2024 results: EPS: ₹1.70 (up from ₹1.57 in 1Q 2023). Revenue: ₹861.5m (down 3.9% from 1Q 2023). Net income: ₹55.2m (up 8.3% from 1Q 2023). Profit margin: 6.4% (up from 5.7% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jul 14
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹82.25, the stock trades at a trailing P/E ratio of 23.9x. Average trailing P/E is 29x in the Electrical industry in India. Total returns to shareholders of 128% over the past three years. Upcoming Dividend • Jul 10
Upcoming dividend of ₹1.00 per share at 1.4% yield Eligible shareholders must have bought the stock before 17 July 2023. Payment date: 24 August 2023. Trailing yield: 1.4%. Lower than top quartile of Indian dividend payers (1.5%). Higher than average of industry peers (0.5%). Reported Earnings • May 27
Full year 2023 earnings released: EPS: ₹3.44 (vs ₹4.51 in FY 2022) Full year 2023 results: EPS: ₹3.44 (down from ₹4.51 in FY 2022). Revenue: ₹3.36b (down 1.0% from FY 2022). Net income: ₹111.7m (down 24% from FY 2022). Profit margin: 3.3% (down from 4.3% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 38% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • May 11
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹72.80, the stock trades at a trailing P/E ratio of 28.7x. Average trailing P/E is 21x in the Electrical industry in India. Total returns to shareholders of 188% over the past three years. Ankündigung • May 07
Modison Limited to Report Q4, 2023 Results on May 25, 2023 Modison Limited announced that they will report Q4, 2023 results at 12:15 PM, Indian Standard Time on May 25, 2023 Valuation Update With 7 Day Price Move • Mar 01
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹63.24, the stock trades at a trailing P/E ratio of 24.9x. Average trailing P/E is 19x in the Electrical industry in India. Total returns to shareholders of 106% over the past three years. Board Change • Feb 23
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 5 highly experienced directors. Non-Executive & Independent Chairperson Jayant Kulkarni was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 09
Third quarter 2023 earnings released: ₹0.63 loss per share (vs ₹0.85 profit in 3Q 2022) Third quarter 2023 results: ₹0.63 loss per share (down from ₹0.85 profit in 3Q 2022). Revenue: ₹774.8m (up 4.5% from 3Q 2022). Net loss: ₹20.5m (down 174% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Ankündigung • Dec 21
Modison Limited Announces Resignation of Manish Kumar Srivastava as Joint Managing Director Modison Limited announced that Mr. Manish Kumar Srivastava, Joint Managing Director of the Company vide his letter dated December 20, 2022 has tendered his resignation with effect from February 22, 2023 for other professional opportunity and there are no other reasons for his resignation. Board Change • Nov 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 5 highly experienced directors. Joint MD & Non-Independent Executive Director Manish Srivastava was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 11
Second quarter 2023 earnings released: EPS: ₹0.14 (vs ₹1.69 in 2Q 2022) Second quarter 2023 results: EPS: ₹0.14 (down from ₹1.69 in 2Q 2022). Revenue: ₹803.2m (down 16% from 2Q 2022). Net income: ₹4.62m (down 92% from 2Q 2022). Profit margin: 0.6% (down from 5.7% in 2Q 2022). Ankündigung • Nov 02
Modison Limited to Report Q2, 2023 Results on Nov 09, 2022 Modison Limited announced that they will report Q2, 2023 results at 12:15 PM, Indian Standard Time on Nov 09, 2022 Reported Earnings • Aug 12
First quarter 2023 earnings released: EPS: ₹1.57 (vs ₹0.51 in 1Q 2022) First quarter 2023 results: EPS: ₹1.57 (up from ₹0.51 in 1Q 2022). Revenue: ₹900.6m (up 30% from 1Q 2022). Net income: ₹50.9m (up 207% from 1Q 2022). Profit margin: 5.7% (up from 2.4% in 1Q 2022). The increase in margin was driven by higher revenue. Ankündigung • Aug 03
Modison Metals Limited to Report Q1, 2023 Results on Aug 11, 2022 Modison Metals Limited announced that they will report Q1, 2023 results on Aug 11, 2022 Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment improved over the past week After last week's 19% share price gain to ₹68.65, the stock trades at a trailing P/E ratio of 15.2x. Average trailing P/E is 21x in the Electrical industry in India. Total returns to shareholders of 88% over the past three years. Valuation Update With 7 Day Price Move • Jun 20
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹50.50, the stock trades at a trailing P/E ratio of 11.2x. Average trailing P/E is 20x in the Electrical industry in India. Total returns to shareholders of 32% over the past three years. Ankündigung • Jun 09
Modison Metals Limited, Annual General Meeting, Jul 06, 2022 Modison Metals Limited, Annual General Meeting, Jul 06, 2022, at 11:30 Indian Standard Time. Agenda: To consider the Audited Standalone financial statements of the Company for the financial year ended March 31, 2022, the Director's Report and Auditor's Report; to confirm the Interim Dividend of Rs.1.00 per equity share, already paid during the financial year ended March 31, 2022; to appoint a Director in place of Mr. Kumar Jay Modi, who retires by rotation and being eligible, offers himself for re-appointment; to consider ratification of the remuneration payable to M/s N. Ritesh & Associates, Cost Accountant for the financial year ending March 31, 2023; and to transact other business. Reported Earnings • May 28
Full year 2022 earnings released: EPS: ₹4.51 (vs ₹6.91 in FY 2021) Full year 2022 results: EPS: ₹4.51 (down from ₹6.91 in FY 2021). Revenue: ₹3.40b (up 16% from FY 2021). Net income: ₹146.3m (down 35% from FY 2021). Profit margin: 4.3% (down from 7.7% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 11% per year. Ankündigung • May 10
Modison Metals Limited to Report Q4, 2022 Results on May 24, 2022 Modison Metals Limited announced that they will report Q4, 2022 results on May 24, 2022 Board Change • Apr 27
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. CEO, Joint MD & Non-Independent Executive Director Manish Srivastava was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improved over the past week After last week's 17% share price gain to ₹77.05, the stock trades at a trailing P/E ratio of 12.8x. Average trailing P/E is 19x in the Electrical industry in India. Total returns to shareholders of 76% over the past three years. Reported Earnings • Feb 16
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹0.85 (down from ₹1.09 in 3Q 2021). Revenue: ₹741.3m (down 12% from 3Q 2021). Net income: ₹27.7m (down 22% from 3Q 2021). Profit margin: 3.7% (down from 4.2% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • Feb 13
Modison Metals Limited Declares Interim Dividend for the Fiscal Year 2021-22 Modison Metals Limited has declared the interim dividend of 100% on equity shares of face value of INR 1 i.e. INR 1 per share and has fixed February 22, 2022 as record date for the purpose of payment of Interim Dividend for the Fiscal Year 2021-22. Ankündigung • Feb 05
Modison Metals Limited to Report Q3, 2022 Results on Feb 12, 2022 Modison Metals Limited announced that they will report Q3, 2022 results on Feb 12, 2022 Valuation Update With 7 Day Price Move • Dec 21
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₹77.05, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 20x in the Electrical industry in India. Total returns to shareholders of 93% over the past three years. Valuation Update With 7 Day Price Move • Dec 06
Investor sentiment improved over the past week After last week's 20% share price gain to ₹82.85, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 19x in the Electrical industry in India. Total returns to shareholders of 110% over the past three years. Board Change • Dec 06
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. CEO, Joint MD & Non-Independent Executive Director Manish Srivastava was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 07
Second quarter 2022 earnings released: EPS ₹1.69 (vs ₹2.87 in 2Q 2021) The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2022 results: Revenue: ₹959.6m (up 40% from 2Q 2021). Net income: ₹54.8m (down 41% from 2Q 2021). Profit margin: 5.7% (down from 14% in 2Q 2021). The decrease in margin was driven by higher expenses. Reported Earnings • Jul 11
Full year 2021 earnings released: EPS ₹6.91 (vs ₹4.66 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹2.92b (up 33% from FY 2020). Net income: ₹224.4m (up 48% from FY 2020). Profit margin: 7.7% (up from 6.9% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 09
Investor sentiment improved over the past week After last week's 16% share price gain to ₹91.10, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 26x in the Electrical industry in India. Total returns to shareholders of 89% over the past three years. Recent Insider Transactions • Jun 29
Insider recently sold ₹309k worth of stock On the 22nd of June, Sureshchandra Mody sold around 4k shares on-market at roughly ₹77.18 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹2.6m. Insiders have been net sellers, collectively disposing of ₹2.4m more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Jun 24
Investor sentiment improved over the past week After last week's 23% share price gain to ₹81.10, the stock trades at a trailing P/E ratio of 11.7x. Average trailing P/E is 26x in the Electrical industry in India. Total returns to shareholders of 65% over the past three years. Recent Insider Transactions • Jun 11
Board Member recently sold ₹155k worth of stock On the 7th of June, Rakesh Singh sold around 2k shares on-market at roughly ₹63.10 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Jun 03
Full year 2021 earnings released: EPS ₹6.91 (vs ₹4.66 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹2.94b (up 34% from FY 2020). Net income: ₹224.4m (up 48% from FY 2020). Profit margin: 7.6% (up from 6.9% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.