Modison Ltd

Modison Ltd (MODISONLTD)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return6.81 %
3 Month Return30.9 %
1 Year Return1.74 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 80
Rank 139
Rank 145
Dividend Yield
Rank 19
Rank 184
Price To Book Ratio
Rank 79
Debt To Asset
Rank 277

Company Information

Modison Metals Limited MML is an Indiabased company. The Company operates in two business segments: Electrical Contacts and Silver Flatware. It manufactures electrical contacts for low medium high and extra high voltage switchgears. Silver Flatware is the other product manufactured by the Company. Modison Metals Limited was founded as a trading unit in 1965 by Mr. G.L. Modi to deal in tool steels and export of engineering and general merchandise. A decade later in 1975 Mr. G.L. Modi established the first manufacturing facility in Mumbai for refining of silver and started exporting large quantities of refined silver to renowned bankers and dealers in Europe and U.S.A. MODISON was instrumental in establishing 999 Good Delivery Silver Bars in India for bullion trading.Within two years after starting silver refining the companys founder realized the vast potential for Electrical Contacts and Contact Materials for switchgear industry and thus facilities were added to manufacture silver and silver alloy wires plates strips and solid/ bitmetal contacts. This was the beginning of MODISONs contacts manufacturing at Mumbai. The company soon realized that in order to cater to the market needs the company must have a sound technical and RD backup. With this in mind the company signed up technical collaboration with DODUCO KG Pforzheim Germany in 1983 the worlds leading manufacturer of contact materials.From 1983 till 1996 MODISON had technical collaboration with DODUCO. The excellent technical support from DODUCO helped MODISON develop many hitech products which were hitherto imported by Indian Switchgear Industry.Today MODISON Group has plants at two locations in Western India at Vapi and Silvassa employing more than 350 people. MODISON is the only company globally manufacturing electrical contact materials and finished contacts for low medium and high tension switchgear industry under one roof starting from Silver Refining to producing all the contact materials Ag Alloys CuCr CuCrZr ETP OFC CuAg 0.1 CuNi2Si etc. by Powder Metallurgy or by melting alloying is carried out in house. In addition having stateoftheart Electron Beam Welding machines VIM furnaces CNC Machining Centers and Ag plating plant all under one roof is an added competitive edge. This helps in faster development and supply of economical and quality products meeting customers expectations.Modison Metals Limited is ISO 9001:2008 ISO 14001:2004 OHSAS 18001:2007 and Modison Copper Pvt Ltd is ISO 9001:2008 accredited companies. Modison is having inhouse RD dedicated to develop and manufacture products using the best available technology and equipments for ensuring continual improvements in productivity cost reduction and development of defectfree products.
OrganisationModison Ltd
IndustryCapital Goods - Electrical Equipment