What we do Modison Limited manufactures electrical contacts for all switchgear voltage levels and silver flatware, serving industries like automotive, aerospace, defense, and railways. |
Founded in 1,965 |
Market share Among top global manufacturers of high voltage electrical contacts with a low-cost advantage based on large-scale manufacturing. |
Problem solved Provides high-quality electrical contacts crucial for reliable switchgear operation, reducing dependence on imports and ensuring industrial safety. |
Top clients or who we serve B2B business serving switchgear manufacturers and sectors like automotive, aerospace, defense, marine, and railways. |
Key management Girdhari Lal Modi (Managing Director), Kumar Jay Modi (Joint Managing Director) with strong industry leadership. |
Our journey and innovations Founded 1965; technical collaboration with DODUCO Germany (1983-96); expanded automatic contact welding and silver compound development; acquired Modison Contacts Pvt Ltd. |
Where we operate Primarily India with exports to Europe and USA, generating about 16% revenue from outside India. |
Top products or what we offer Electrical contacts for low to extra high voltage switchgear and silver flatware products. |
Top brands Modison electrical contacts - recognized for quality in switchgear industry; silver refining established as '999' Good Delivery silver bars in India. |
Raw materials needed Silver and silver alloys primarily for contacts and refining. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue mainly from recurring industrial orders; export growth drives cyclical expansion. |
Our industry position Leading Indian and global niche player with largest single-site high voltage contact manufacturing plant worldwide. |
Financial highlights FY 2024-25 revenue Rs. 490 Cr with 21% growth; net profit Rs. 24.68 Cr, growing 15% YoY. |
Geographical revenue split 85% revenue from India and 16% from international markets (Europe, USA). |
Order book - |
Whats driving growth Rising demand for switchgear components, export expansion and investments in new manufacturing capabilities. |
Our future plans Investing in tungsten products via JV; land purchase for capacity expansion at Vapi; R&D on high performance contacts. |
Our green promise - |
Our people and values Over 500 employees at two plants; emphasis on ethics, corporate governance and employee welfare. |
Key challenges ahead Global raw material price volatility and competitive pressure in export markets. |
Interesting facts Operates world's largest single-site high voltage contact manufacturing plant; established India's '999' Good Delivery silver bars. |
Risks and strategy Mitigates raw material risk through strategic sourcing and fosters innovation to maintain market leadership. |
