Modison Limited Announces FY26 Results, Recommends 300% Final Dividend
MODISON LIMITED, a manufacturer of electrical contacts for LV, MV, HV & EHV switchgear industries, announced the outcome of its Board of Directors meeting held on May 22, 2026. During the meeting, the Board approved the audited financial statements and results for the quarter and the year ended March 31, 2026.The company also recommended a final dividend of Rs. 3.00 per equity share (representing 300% of the face value of Re. 1 each) for the financial year ended March 31, 2026, subject to the approval of the shareholders at the ensuing 43rd Annual General Meeting.
Financial Performance Highlights
The company released audited financial results for the quarter and year ended March 31, 2026, for both standalone and consolidated formats.Consolidated Financial Results Overview (in Lakhs):
The consolidated financial results show the following key performance metrics:
| Metric | Quarter Ended 31-03-2026 (Audited) | Year Ended 31-03-2026 (Audited) | Quarter Ended 31-03-2025 (Audited) | Year Ended 31-03-2025 (Audited) |
|---|---|---|---|---|
| Total Revenue from Operations | 28,911.95 | 71,602.58 | 13,163.02 | 49,351.19 |
| Total Income from Operations | 28,911.95 | 71,602.58 | 13,163.02 | 49,351.19 |
| Total Expenses | 22,139.39 | 61,076.56 | 11,879.72 | 45,888.28 |
| Profit / (Loss) from ordinary activities | 6,772.56 | 10,526.02 | 1,283.30 | 3,462.91 |
| Total Tax Expenses | 1,179.88 | 2,441.65 | 350.60 | 886.44 |
| Profit / (Loss) for the period | 3,600.23 | 7,253.51 | 953.29 | 2,468.15 |
| Total Comprehensive Income | 3,674.20 | 7,265.38 | 954.54 | 2,456.12 |
| Basic/Diluted EPS (in Rupees) | 11.09 | 22.35 | 2.94 | 7.61 |
The audited standalone results for the quarter and year ended March 31, 2026, were reviewed by the Audit Committee and approved by the Board of Directors.
Board Decisions and Governance Updates
During the meeting, the Board also recommended the re-appointment of M/s. N. Ritesh & Associates, Cost Accountants, as the Cost Auditor of the Company for the financial year ending March 31, 2027.Exceptional Items and Financial Notes
The financial results reflect several significant items, including exceptional losses and gains recorded during the year.The consolidated results noted that the Group incurred a loss due to fire on February 7, 2026. The Company charged off the written down value (WDV) of PPE, cost of inventory, and Goods & Service Tax (GST) for Inventories on the loss, totaling Rs. 1,063.46 Lakhs, which is classified under "Exceptional Items."
The total exceptional items recognized in the consolidated results for the year were primarily attributed to:
- Loss due to Fire: Rs. 1,063.46 Lakhs
- Profit/(Loss) on Hedging of Silver in stock: (830.86) Lakhs
- Profit/(Loss) on mark to market of forward contracts: (108.32) Lakhs
The company reported that the total assets stood at 50,277.9 Lakhs as of March 31, 2026, compared to 31,926.4 Lakhs as of March 31, 2025. Total equity stands at 27,465.7 Lakhs (standalone).
MODISONLTD Stock Price Movement
Today, MODISON LIMITED shares edged higher in the post-market session, settling at ₹175.90 after gaining 0.11%. The stock saw brisk trading activity today, with 103,812 shares transacted.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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