Integrated Filing — IndAS



General information about company
Scrip Code 506261
NSE Symbol MODISONLTD
MSEI Symbol NOTLISTED
ISIN INE737D01021
Name of company MODISON LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 27-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 15-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Manufacturig of Electrical Contacts
Start date and time of board meeting 27-May-2025   11:30:00
End date and time of board meeting 27-May-2025   15:40:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public No
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. No
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 2024-11-13
Indicate Company website link for updated RPT policy of the Company https://www.modisonltd.com/investors/modison-company-code-and-policies
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? Yes



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 1300655000 4902408000
Other income 15614000 32546000
Total income 1316269000 4934954000
2 Expenses
(a) Cost of materials consumed 997265000 4111734000
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -2274000 -251156000
(d) Employee benefit expense 63569000 248914000
(e) Finance costs 16932000 58280000
(f) Depreciation, depletion and amortisation expense 24107000 80145000
(f) Other Expenses
1 Other Expenses 88352000 340795000
Total other expenses 88352000 340795000
Total expenses 1187951000 4588712000
3 Total profit before exceptional items and tax 128318000 346242000
4 Exceptional items 2059000 -10832000
5 Total profit before tax 130377000 335410000
6 Tax expense
7 Current tax 33933000 79269000
8 Deferred tax 1064000 9339000
9 Total tax expenses 34997000 88608000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations 95380000 246802000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period 95380000 246802000
17 Other comprehensive income net of taxes 125000 -1203000
18 Total Comprehensive Income for the period 95505000 245599000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 32450000 32450000
Face value of equity share capital 1 1
27 Details of debt securities
22 Reserves excluding revaluation reserve 0
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 2.94 7.61
Diluted earnings (loss) per share from continuing operations 2.94 7.61
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 2.94 7.61
Diluted earnings (loss) per share from continuing and discontinued operations 2.94 7.61
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 892345000
Capital work-in-progress 33056000
Investment property 28029000
Goodwill 308000
Other intangible assets 2547000
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 2598000
Trade receivables, non-current
Loans, non-current 0
Other non-current financial assets 10804000
Total non-current financial assets 13402000
Deferred tax assets (net)
Other non-current assets 35397000
Total non-current assets 1005084000
2 Current assets
Inventories 1274814000
Current financial asset
Current investments 0
Trade receivables, current 861272000
Cash and cash equivalents 1093000
Bank balance other than cash and cash equivalents 8433000
Loans, current 0
Other current financial assets 6278000
Total current financial assets 877076000
Current tax assets (net) 6136000
Other current assets 29337000
Total current assets 2187363000
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 3192447000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 32450000
Other equity 2133101000
Total equity attributable to owners of parent 2165551000
Non controlling interest
Total equity 2165551000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 16025000
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities 896000
Total non-current financial liabilities 16921000
Provisions, non-current 18178000
Deferred tax liabilities (net) 47435000
Deferred government grants, Non-current
Other non-current liabilities
Total non-current liabilities 82534000
Current liabilities
Current financial liabilities
Borrowings, current 711573000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 1586000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 94844000
Total Trade payable 96430000
Other current financial liabilities 8146000
Total current financial liabilities 816149000
Other current liabilities 109330000
Provisions, current 11753000
Current tax liabilities (Net) 7130000
Deferred government grants, Current
Total current liabilities 944362000
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 1026896000
Total equity and liabilites 3192447000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss -125000 1203000
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0 0
5 Total Other comprehensive income 125000 -1203000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 335410000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 53542000
Adjustments for decrease (increase) in inventories -313740000
Adjustments for decrease (increase) in trade receivables, current -184796000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets 34876000
Adjustments for decrease (increase) in other non-current assets 20000
Adjustments for other financial assets, non-current 1625000
Adjustments for other financial assets, current -6591000
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 1065000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities -59290000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 80145000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 2808000
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current -1819000
Adjustments for other financial liabilities, non-current -119000
Adjustments for unrealised foreign exchange losses gains -8368000
Adjustments for dividend income 0
Adjustments for interest income 0
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) -6125000
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow -38000
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items -9599000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) -416404000
Net cash flows from (used in) operations -80994000
Dividends received 0
Interest paid 0
Interest received -2479000
Income taxes paid (refund) 77482000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities -160955000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 419000
Purchase of property, plant and equipment 154684000
Proceeds from sales of investment property 15554000
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 2479000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 50000000
Net cash flows from (used in) investing activities -86232000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 410490000
Repayments of borrowings 0
Payments of lease liabilities 0
Dividends paid 113575000
Interest paid 54071000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities 242844000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -4343000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents -4343000
Cash and cash equivalents cash flow statement at beginning of period 5436000
Cash and cash equivalents cash flow statement at end of period 1093000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 M.L.BHUWANIA AND CO LLP Yes 31-Jan-2025


Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 MODISON LIMITED GIRDHARI LAL MODI MANAGING DIRECTOR Remuneration Omnibus Approval 19854000 9523000 11145000
2 MODISON LIMITED RAJKUMAR MOHANLAL MODI JT MANAGING DIRECTOR Remuneration Omnibus Approval 12142000 7212000 8323000
3 MODISON LIMITED KUMAR JAY MODI JT MANAGING DIRECTOR Remuneration Omnibus Approval 12091000 4185000 5306000
4 MODISON LIMITED MURLIDHAR NARAYNROA NIKAM CEO-KEY MANAGERIAL PERSONNEL Remuneration Omnibus Approval 3961000 411000 669000
5 MODISON LIMITED CHANDRAMANI DEVI MODI PROMOTER Any other transaction RENT PAID Omnibus Approval 150000 0 0
6 MODISON LIMITED MODICON PRIVATE LIMITED ENTERPRISES OVER WHICH DIRECTOR AND/ OR RELATIVES OF SUCH PERSONNEL HAVE SIGNIFICANT INFLUENCE Purchase of goods or services Omnibus Approval 440000 0 519000
7 MODISON LIMITED MODISON COPPER PRIVATE LIMITED ENTERPRISES OVER WHICH DIRECTOR AND/ OR RELATIVES OF SUCH PERSONNEL HAVE SIGNIFICANT INFLUENCE Purchase of goods or services 500000000 Omnibus Approval 194447000 0 0
8 MODISON LIMITED MODISON COPPER PRIVATE LIMITED ENTERPRISES OVER WHICH DIRECTOR AND/ OR RELATIVES OF SUCH PERSONNEL HAVE SIGNIFICANT INFLUENCE Sale of goods or services 150000000 Omnibus Approval 29109000 925000 0
9 MODISON LIMITED RAMESH MANGILAL KOTHARI CFO-KEY MANAGERIAL PERSONNEL Remuneration Omnibus Approval 1336000 177000 191000
10 MODISON LIMITED POOJA BIRENDRA SINHA CS-KEY MANAGERIAL PERSONNEL Remuneration Omnibus Approval 173000 0 61000
11 MODISON LIMITED REEMA NALIN SOLANKHI CS-KEY MANAGERIAL PERSONNEL Remuneration Omnibus Approval 369000 91000 0
12 MODISON LIMITED Modison ENTERPRISES OVER WHICH DIRECTOR AND/ OR RELATIVES OF SUCH PERSONNEL HAVE SIGNIFICANT INFLUENCE Any other transaction ROYALTY 4500000 Omnibus Approval 0 1286000 1337000
Total value of transaction during the reporting period 274072000





Format for Disclosing Outstanding Default on Loans and Debt Securities
Sr. No. Particulars Amount Remarks
1. Loans / revolving facilities like cash credit from banks / financial institutions
A Total amount outstanding as on date 727598000
B Of the total amount outstanding, amount of default as on date 0
2. Unlisted debt securities i.e. NCDs and NCRPS
A Total amount outstanding as on date 0
B Of the total amount outstanding, amount of default as on date 0
3. Total financial indebtedness of the listed entity including short-term and long-term debt 727598000