MOModison506261Dividend news update

Board declares interim dividend of Rs.4/- per share (400%); record date October 23, 2026

Interim dividend of Rs.4/- per equity share (400%) on shares of face value Re. 1/- declared for FY 2026-27.

By ScoutQuest · Fri 16 Oct 2026, 2:45 PM IST · 2 min read

Interim Dividend

Rs.4/- per equity share (400%) on shares of face value Re. 1/- for FY 2026-27

Record Date

October 23, 2026

Results Approved

Unaudited results for the quarter and half year ended September 30, 2026 approved by the Board

Dividend declared

• Interim dividend of Rs.4/- per equity share for the financial year 2026-27, equal to 400% on the face value of Re. 1/- per share.
• Record date: October 23, 2026 — the date the company uses to decide which shareholders are entitled to the payout.
• An interim dividend is paid during the year, before the full-year accounts are finalised.

Quarter and half year results (standalone, unaudited)

• Revenue from operations: 27,902.59 for the quarter ended 30-09-2026 (figures as printed, ₹ in Lakhs).
• Total income from operations: 28,247.04 for the quarter and 55,556.74 for the half year.
• Profit for the period: 2,332.31 for the quarter and 5,716.66 for the half year.
• Basic/diluted EPS: 7.19 for the quarter and 17.62 for the half year.
• Half year figures cover two quarters, so they are larger than one quarter's numbers.

Exceptional items in the quarter

• Exceptional item of 360.27 lakhs for the quarter, described in the notes as profit on hedging of silver in stock of 360.05 lakhs and mark to market on forward contracts of 0.21 lakhs.

Consolidated numbers

• Profit for the period: 2,328.89 for the quarter and 5,713.37 for the half year.
• Basic/diluted EPS: 7.18 for the quarter and 17.61 for the half year.

Balance sheet (standalone)

• Total assets: 60,236.79 as at 30.09.2026 against 50,274.86 as at 31.03.2026.
• Paid-up equity share capital: 324.50 lakhs, being shares of face value Re. 1/- each.
• Inventories 30,808.29 lakhs and current borrowings 22,122.96 lakhs as at 30.09.2026.

Subsidiary

• The company has divested its entire stake in Modison Hitech Private Limited effective June 9, 2025 and in Modison HV Private Limited effective 21st September 2026, stated to have no material impact on the financials.

Fire incident at the factory (7th February 2026)

• Items of property, plant and equipment (PPE) and inventory were lost to fire; the written down value of PPE, cost of inventory and GST on inventories charged off totalled 1,063.46 lakhs.
• Claim lodged with the Insurance Company: 1,801.95 lakhs. A first part payment of 170.00 lakhs was received during the year ended 31st March 2026 and a further part payment of 180 lakhs during the quarter and half year ended September 2026. The balance claim is in process with the insurer.

What this means for a shareholder

• The dividend amount, the 400% rate on face value, and the record date are the points that determine the payout.
• The results show profitability for the quarter and the half year; the exceptional items and insurance receipts form part of the reported numbers.
• Both the payout and the record date apply to holders of the fully paid-up equity shares of face value Re. 1/- each.

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