Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Modison Ltd
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 87 | 86 | 97 | 108 | 114 | 116 | 122 | 121 | 130 | 134 | 145 | 144 | 287 |
| Expenses + | 76 | 79 | 90 | 99 | 104 | 108 | 112 | 110 | 115 | 126 | 127 | 125 | 216 |
| Operating Profit | 11 | 7 | 7 | 9 | 9 | 8 | 10 | 11 | 15 | 9 | 18 | 19 | 71 |
| OPM % | 13% | 8% | 8% | 8% | 8% | 7% | 8% | 9% | 12% | 6% | 13% | 13% | 25% |
| Other Income + | 2 | 3 | 2 | -0 | 2 | -4 | 4 | 0 | 2 | 2 | 1 | 13 | -18 |
| Interest | 1 | 0 | 1 | 1 | 1 | 1 | 2 | 1 | 2 | 2 | 2 | 2 | 3 |
| Depreciation | 2 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 |
| Profit before tax | 10 | 7 | 8 | 6 | 9 | 2 | 11 | 8 | 13 | 6 | 16 | 27 | 48 |
| Tax % | 26% | 26% | 26% | 27% | 28% | 32% | 25% | 26% | 27% | 25% | 26% | 26% | 25% |
| Net Profit + | 8 | 6 | 6 | 4 | 6 | 1 | 8 | 6 | 10 | 5 | 12 | 20 | 36 |
| EPS in Rs | 2.36 | 1.70 | 1.73 | 1.26 | 1.90 | 0.35 | 2.52 | 1.79 | 2.94 | 1.48 | 3.59 | 6.18 | 11.09 |
Financials of Modison Ltd
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 171 | 168 | 191 | 201 | 219 | 292 | 340 | 335 | 405 | 490 | 710 |
| Expenses + | 155 | 142 | 159 | 174 | 192 | 252 | 309 | 310 | 372 | 445 | 592 |
| Operating Profit | 17 | 26 | 31 | 27 | 27 | 40 | 30 | 25 | 32 | 45 | 118 |
| OPM % | 10% | 16% | 16% | 14% | 12% | 14% | 9% | 7% | 8% | 9% | 17% |
| Other Income + | 0 | 1 | 0 | 4 | 0 | -2 | -2 | -1 | 6 | 2 | -3 |
| Interest | 4 | 4 | 3 | 2 | 2 | 2 | 2 | 2 | 3 | 6 | 9 |
| Depreciation | 7 | 6 | 6 | 6 | 6 | 6 | 7 | 6 | 6 | 8 | 10 |
| Profit before tax | 7 | 17 | 22 | 24 | 19 | 30 | 20 | 15 | 29 | 34 | 97 |
| Tax % | 31% | 37% | 35% | 30% | 20% | 25% | 26% | 27% | 27% | 26% | 25% |
| Net Profit + | 5 | 11 | 14 | 16 | 15 | 22 | 15 | 11 | 21 | 25 | 73 |
| EPS in Rs | 1.42 | 3.35 | 4.39 | 5.05 | 4.66 | 6.92 | 4.51 | 3.45 | 6.58 | 7.61 | 22.35 |
| Dividend Payout % | 53% | 30% | 23% | 30% | 21% | 22% | 22% | 29% | 38% | 46% | 0% |
Financials of Modison Ltd
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Reserves | 94 | 101 | 111 | 124 | 144 | 161 | 173 | 184 | 200 | 213 | 271 |
| Borrowings + | 27 | 21 | 18 | 13 | 26 | 12 | 17 | 5 | 32 | 73 | 174 |
| Other Liabilities + | 23 | 19 | 19 | 22 | 18 | 26 | 21 | 29 | 36 | 30 | 54 |
| Total Liabilities | 148 | 145 | 152 | 162 | 191 | 203 | 214 | 222 | 271 | 319 | 503 |
| Fixed Assets + | 57 | 61 | 60 | 60 | 58 | 62 | 70 | 69 | 79 | 92 | 94 |
| CWIP | 2 | 1 | 1 | 1 | 3 | 3 | 3 | 10 | 10 | 4 | 3 |
| Investments | 0 | 0 | 0 | 0 | 2 | 2 | 2 | 2 | 2 | 0 | 0 |
| Other Assets + | 89 | 83 | 91 | 102 | 128 | 135 | 140 | 141 | 181 | 224 | 405 |
| Total Assets | 148 | 145 | 152 | 162 | 191 | 203 | 214 | 222 | 271 | 319 | 503 |
Financials of Modison Ltd
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 13 | 26 | 12 | 19 | 19 | 24 | 14 | 22 | 1 | -16 | -64 |
| Cash from Investing Activity + | -6 | -11 | -3 | -8 | -15 | -4 | -11 | -13 | -20 | -9 | -15 |
| Cash from Financing Activity + | -6 | -15 | -9 | -10 | -3 | -21 | 1 | -14 | 19 | 24 | 80 |
| Net Cash Flow | 0 | -0 | -0 | 0 | 1 | -1 | 4 | -4 | 0 | -0 | 0 |
| Free Cash Flow | 6 | 17 | 9 | 11 | 5 | 18 | 3 | 10 | -15 | -32 | -79 |
| CFO/OP | 93% | 121% | 66% | 91% | 94% | 77% | 69% | 110% | 27% | -18% | -36% |
Financials of Modison Ltd
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 65 | 63 | 75 | 76 | 75 | 75 | 62 | 58 | 60 | 64 | 82 |
| Inventory Days | 130 | 132 | 120 | 124 | 146 | 104 | 90 | 109 | 109 | 121 | 152 |
| Days Payable | 11 | 15 | 11 | 16 | 11 | 10 | 9 | 13 | 11 | 9 | 11 |
| Cash Conversion Cycle | 184 | 180 | 184 | 184 | 209 | 168 | 143 | 154 | 158 | 176 | 223 |
| Working Capital Days | 81 | 90 | 104 | 119 | 126 | 119 | 105 | 117 | 97 | 92 | 91 |
| ROCE % | 17% | 20% | 17% | 20% | 14% | 10% | 12% | 15% | 31% |
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