Modison Limited has announced its audited financial results for the quarter and year ended March 31, 2026, reporting a substantial increase in profitability alongside a significant expansion in operating margins. The board approved the financial statements during its meeting held on May 22, 2026. The company has published the extract of these audited financial results in various newspapers including The Economic Times, Navbharat Times, The Free Press Journal, and Navshakti on May 23 and May 24, 2026, under Regulation 30 of the SEBI (LODR) Regulations, 2015.

Full-Year Financial Performance

For the financial year ended March 31, 2026, Modison Limited reported a consolidated net profit of ₹7,253.51 lakh, a sharp increase from ₹2,468.15 lakh in the previous year. On a standalone basis, the net profit for the year stood at ₹7,255.32 lakh, up from ₹2,468.02 lakh in FY25. Revenue from operations for the year grew to ₹71,032.89 lakh, compared to ₹49,024.08 lakh in the prior year, while total income for the period reached ₹71,602.58 lakh.

The following table outlines the key financial figures for the consolidated results for the year ended March 31, 2026:

Q4 Performance and EBITDA Expansion

For the quarter ended March 31, 2026, the company recorded a consolidated net profit of ₹3,600.23 lakh and revenue from operations of ₹28,731.89 lakh, compared to a net profit of ₹953.29 lakh and revenue of ₹13,006.55 lakh in the same quarter of the previous year. The quarter also saw a marked improvement in operating profitability, with EBITDA rising to ₹714M against ₹154M in the year-ago period. EBITDA margin expanded significantly to 24.84% from 11.82% year-on-year, reflecting improved operational efficiency.

Operational Highlights

The company's total expenses for the year were reported at ₹61,076.56 lakh, while profit before tax stood at ₹9,695.16 lakh. The basic and diluted earnings per share (EPS) for the year increased to ₹22.35, compared to ₹7.61 in the previous year. The financial results were impacted by exceptional items amounting to a loss of ₹830.86 lakh, primarily due to a loss of ₹1,063.46 lakh from a fire incident at the factory in February 2026. The company has lodged an insurance claim for the losses.

Dividend Declaration

The Board of Directors has recommended a final dividend of ₹3.00 per equity share for the financial year ended March 31, 2026. This dividend, representing 300% of the face value of Re. 1 per share, is subject to the approval of shareholders at the ensuing 43rd Annual General Meeting.

Modison Limited has re-appointed M/s. N. Ritesh & Associates as the Cost Auditor for the financial year ending March 31, 2027. The decision was approved by the Board of Directors during its meeting held on May 22, 2026, on the recommendation of the Audit Committee.

The re-appointment follows the requirements of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The firm, registered as Cost Accountants with Firm Registration No. 100675, will continue to serve the company in this capacity.

Details of the Appointment

The board meeting, which commenced at 3.30 p.m. and concluded at 5.00 p.m., sanctioned the re-appointment. M/s. N. Ritesh & Associates was originally established in 2008 and brings significant experience in cost audit across diverse sectors.

Auditor Profile

The firm's expertise spans multiple industries, including Rubber, Textile, Chemicals, Electricity, and Petrochemicals. Other sectors of experience include cements, soda, Tyre, Electronic motors, Bulk Drugs, and Engineering. The firm also has experience auditing Food Products, Polyester, Rayon Paper, Dyes, Glass, Cables, Steel Plants, Fertilisers, and Industrial Gases.