The Board of Directors at its Meeting held today has recommended the Final Dividend for FY 2025-26
MODISONLTD · price
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Modison Ltd's Board has recommended a final dividend of Rs. 3 per equity share (300% on face value of Rs. 1 each) for FY 2025-26, subject to shareholder approval at the 43rd AGM. The company reported strong FY26 results with revenue from operations of Rs. 71,033 lakhs, up 45% from Rs. 49,024 lakhs in FY25. Net profit surged to Rs. 7,255 lakhs from Rs. 2,468 lakhs, while EPS nearly tripled to Rs. 22.36 from Rs. 7.61. However, the year was impacted by a factory fire in February 2026 causing a loss of Rs. 1,063 lakhs (before insurance recovery of Rs. 170 lakhs received), and silver hedging losses of Rs. 170 lakhs. The company also divested its wholly-owned subsidiary Modison Hitech Private Limited in June 2025.
The 300% dividend payout reflects strong earnings growth and signals management confidence. Despite the fire incident impact, the underlying business showed robust performance with near-tripling of profits. Shareholders can expect positive sentiment, especially given the significant jump in EPS and improved cash position.