Modi's Navnirman Ltd.

•

modisnirman.comBSE: 543539NSE: MODIS

Market Cap₹ 739 Cr.

Current Price

High / Low₹ 429 / 276

Stock P/E25.3

Book Value₹ 84

Price to Book3.71

Dividend Yield0.00 %

ROCE26.0 %

ROE20.6 %

Face Value₹ 10

Add ratio to table

ABOUT

AI Sector View

AI GENERATED

Realty

Buy

Housing and construction indicators remain supportive for real estate. The housing index reached 105 (Mar/26), residential property prices rose 4.21% (Mar/26), construction output was 5.4% (Jul/26), and cement output accelerated to 13.1% YoY (2026-07). Bank lending rates are steady at 8.96% (Aug/26) rather than easing, but FPI flows turned positive with INR 1999 crore net inflow over 3 months to 2026-08-31 from INR -7216 crore previously.

Confidence

75%

View full sector analysis →

PROS

Company is almost debt free
Latest quarter profit grew 5587.6% YoY, showing strong momentum
Working capital cycle has improved - days down from 439 to 303
Company comfortably covers its interest (23.0x coverage)

CONS

Receivables are growing faster than sales - a possible quality concern
Operating cash flow has been negative in recent years
Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -1.02x)
Total debt has risen sharply - up 68.2% year on year
Free cash flow has been persistently negative

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

RealtyRealtyConstruction - Real Estate

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

S.No.	Name
1.	DLF	670.00	37.30	165845.88	1.19	793.90	-89.59	1280.34	-52.87	6.81	49.68
2.	LODHA	1211.80	29.35	121085.87	0.35	1373.10	103.39	4996.70	43.10	16.89	38.51
3.	PHOENIXLTD	1930.00	53.93	69031.83	0.13	394.51	22.95	1074.94	12.80	13.70	59.77
4.	OBEROIRLTY	1877.50	25.96	68266.32	0.43	543.51	29.02	1300.89	31.73	17.69	56.75
5.	PRESTIGE	1579.00	59.72	68012.30	0.13	271.40	-12.87	2675.10	15.94	11.51	31.75
6.	GODREJPROP	1960.00	36.90	59040.39	0.51	349.38	-41.61	506.17	16.48	8.37	-57.98
7.	ANANTRAJ	587.90	36.57	21157.16	0.17	149.19	18.50	631.40	6.58	12.23	29.53
8.	BRIGADE	639.90	30.04	20877.33	0.23	216.94	37.35	1115.55	-12.93	11.02	32.33
9.	ABREL	1331.60	112.46	14873.40	0.19	-34.59	-27.73	188.85	30.95	-4.54	-30.02
10.	SOBHA	1230.00	57.04	13155.32	0.49	50.85	273.37	1278.15	50.03	6.96	6.07
11.	SIGNATURE	765.70	10.32	10772.33	0.00	-16.53	-148.00	551.99	-36.24	7.49	-8.10
12.	MODIS	377.45	25.34	739.47	0.00	8.58	—	58.26	192.17	25.97	19.15

Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

	Dec 2024	Mar 2025	Jun 2025	Dec 2025	Mar 2026	Jun 2026
	32	20	46	54	51	58
	24	17	35	40	47	47
Operating Profit	8	3	10	15	5	11
OPM %	24.23%	15.75%	22.10%	26.99%	9.34%	19.20%
Other Income	0	1	0	0	3	0
Interest	0	0	0	0	2	0
Depreciation	0	1	0	0	0	0
	8	2	10	14	6	12
Tax %	11.04%	23.23%	33.35%	11.75%	25.08%	25.47%
Net Profit	7	2	7	13	4	9
	4	1	0	6	2	0
Equity Capital	20	20	20	20	20	20
Reserves	0	0	0	0	0	0
Promoter Pledge %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
	0	0	21	103	189	210
	0	2	20	76	154	169
Operating Profit	0	0	3	28	39	—
OPM %	100	—	14	28	20	—
Other Income	0	2	2	2	3	4
Interest	0	0	0	1	2	2
Depreciation	0	0	0	0	0	1
	0	0	3	27	36	42
Tax %	26	-6	11	16	20	23
Net Profit	0	0	3	23	29	33
EPS	0	0	1	12	15	—
Dividend Payout %	0	1,845	0	0	0	—
Minority Interest	0	0	0	0	0	0
Share of Associates	0	0	0	0	0	0
Adjusted EPS	0	0	1	12	15	—

COMPOUNDED SALES GROWTH

10 Years:: —
5 Years:: —
3 Years:: —

COMPOUNDED PROFIT GROWTH

10 Years:: —
5 Years:: —
3 Years:: 583%

STOCK PRICE CAGR

10 Years:: —
5 Years:: —
3 Years:: —
1 Year:: —

RETURN ON EQUITY

10 Years:: —
5 Years:: 11%
3 Years:: 16%
Last Year:: 21%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
LIABILITIES	-	-	-	-	-
Equity Capital	3	17	19	20	20
	0	9	53	108	137
	0	0	0	3	6
Trade Payables	2	0	5	23	48
	2	6	19	133	96
Total Liabilities	7	32	96	286	306
ASSETS	-	-	-	-	-
	0	0	0	1	1
	0	0	11	3	1
	0	17	58	104	146
	0	0	1	1	9
Cash & Bank	0	2	6	3	5
	7	12	20	174	144
Total Assets	7	32	96	286	306
Total Debt	1	4	5	3	6
Net Working Capital	-2	18	51	124	157
Contingent Liabilities	0	0	0	0	10
Book Value per Share	10.33	15.27	37.88	65.09	79.99
Face Value	10.00	10.00	10.00	10.00	10.00

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	-4	-10	-33	-20	-2
Cash from Investing	-0	-0	-10	-3	2
Cash from Financing	4	30	48	4	2
	0	19	4	-19	2
Free Cash Flow	-4	-10	-33	-22	-2
OCF / Net Profit	-39.43	-111.68	-12.91	-0.89	-0.08
Cumulative 5-Year FCF	0	0	0	0	0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
PER SHARE
EPS (₹)	0.33	0.05	1.35	11.80	14.91
Book Value (₹)	10.33	15.27	37.88	65.09	79.99
Dividend per Share (₹)	0.00	1.00	0.00	0.00	0.00
Cash EPS (₹)	0.08	0.05	1.35	12.00	15.12
PROFITABILITY
Operating Margin %	99.93%	0.00%	2.22%	26.07%	18.56%
Net Margin %	73.92%	0.00%	12.32%	22.46%	15.43%
ROE %	3.23%	0.63%	5.24%	23.13%	20.56%
ROCE %	3.32%	0.52%	5.34%	26.61%	25.99%
	1.50%	0.48%	4.04%	12.11%	9.86%
EFFICIENCY
Debtor Days	829	0	9	4	10
Inventory Days	0	0	662	287	241
Payable Days	0	-17	-22	-159	-302
	829	17	693	450	553
FINANCIAL HEALTH
Debt to Equity (x)	0.32x	0.16x	0.07x	0.03x	0.04x
Interest Coverage (x)	0.00x	67.69x	85.73x	38.07x	23.00x
	0.39x	10.39x	4.33x	1.81x	2.09x
GROWTH
Revenue Growth %	0.00%	-100.00%	0.00%	392.57%	83.97%
Operating Profit Growth %	0.00%	-34.38%	3249.20%	866.61%	35.14%
Net Profit Growth %	0.00%	-7.56%	2705.78%	798.23%	26.43%
	0.00%	0.00%	2386.53%	775.30%	26.43%
VALUATION
P/E (x)	0.00x	0.00x	185.13x	23.71x	19.90x
P/B (x)	0.00x	0.00x	6.59x	4.30x	3.71x
Dividend Yield %	0.00%	0.00%	0.00%	0.00%	0.00%
	0.00x	0.00x	161.32x	19.24x	15.13x

Shareholding Pattern

Numbers in percentages

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	63.79	63.79	63.79	63.79	63.79	63.79	63.79	63.79	63.79
	0.00	4.90	6.43	6.94	10.42	11.51	11.17	8.82	9.50
	0.00	0.00	0.00	0.00	0.49	0.75	1.16	1.16	1.37
Government	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	36.21	31.31	29.77	29.26	25.30	23.95	23.88	26.23	25.33

Documents

Corporate disclosures, annual reports, credit ratings, and concall transcripts

2026-08-13

Analysts/Institutional Investor Meet/Con. Call Updates

2026-08-13 - Modis Navnirman Limited has informed the Exchange about Transcript

2026-08-10

Analysts/Institutional Investor Meet/Con. Call Updates

2026-08-10 - Modis Navnirman Limited has informed the Exchange about Link of Recording of Earnings Conference Call held on August 10, 2026 (Q1 FY 2026-27)

2026-08-10

Copy of Newspaper Publication

2026-08-10 - Modis Navnirman Limited has informed the Exchange about Copy of Newspaper Publication of Unaudited standalone and consolidated Financial Results for the Quarter Ended June 30, 2026.

2026-08-07

Updates

2026-08-07 - Modis Navnirman Limited has informed the Exchange regarding 'Submission of Investor Presentation FY 2026-27 (Q-1)'.

2026-08-07

Press Release

2026-08-07 - Modis Navnirman Limited has informed the Exchange regarding a press release dated August 07, 2026, titled "Press Release Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the quarter June 30, 2026".

2026-08-07

Outcome of Board Meeting

2026-08-07 - Modis Navnirman Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.

2026-08-06

Analysts/Institutional Investor Meet/Con. Call Updates

2026-08-06 - Modis Navnirman Limited has informed the Exchange about Schedule of meet to discuss the operational and financial performance of the Company for the quarter ended June 30, 2026 (Q1 FY 2026-27).This intimation is being re-submitted due to a technical issue in the previously uploaded disclosure, wherein the conference call joining link was not functioning.

2026-08-05

Analysts/Institutional Investor Meet/Con. Call Updates

2026-08-05 - Modis Navnirman Limited has informed the Exchange about Schedule of meet

2026-08-05

Shareholders meeting

2026-08-05 - Modis Navnirman Limited has informed the Exchange about Shareholders meeting

News

Recent coverage and analyst commentary for MODIS

Loading news…

🤖

AI Stock Analyst

Modi's Navnirman Ltd.

🔒

Sign in to Chat with AI

✨ Sign In to Chat

Free 5nance Account

Name

DLF

670.00

37.30

165845.88

1.19

793.90

-89.59

1280.34

-52.87

6.81

49.68

LODHA

1211.80

29.35

121085.87

0.35

1373.10

103.39

4996.70

43.10

16.89

38.51

PHOENIXLTD

1930.00

53.93

69031.83

0.13

394.51

22.95

1074.94

12.80

13.70

59.77

OBEROIRLTY

1877.50

25.96

68266.32

0.43

543.51

29.02

1300.89

31.73

17.69

56.75

PRESTIGE

1579.00

59.72

68012.30

0.13

271.40

-12.87

2675.10

15.94

11.51

31.75

GODREJPROP

1960.00

36.90

59040.39

0.51

349.38

-41.61

506.17

16.48

8.37

-57.98

ANANTRAJ

587.90

36.57

21157.16

0.17

149.19

18.50

631.40

6.58

12.23

29.53

BRIGADE

639.90

30.04

20877.33

0.23

216.94

37.35

1115.55

-12.93

11.02

32.33

ABREL

1331.60

112.46

14873.40

0.19

-34.59

-27.73

188.85

30.95

-4.54

-30.02

SOBHA

1230.00

57.04

13155.32

0.49

50.85

273.37

1278.15

50.03

6.96

6.07

SIGNATURE

765.70

10.32

10772.33

0.00

-16.53

-148.00

551.99

-36.24

7.49

-8.10

MODIS

377.45

25.34

739.47

0.00

8.58

—

58.26

192.17

25.97

19.15

Dec 2024

Mar 2025

Jun 2025

Dec 2025

Mar 2026

Jun 2026

Operating Profit

OPM %

24.23%

15.75%

22.10%

26.99%

9.34%

19.20%

Other Income

Interest

Depreciation

Tax %

11.04%

23.23%

33.35%

11.75%

25.08%

25.47%

Net Profit

Equity Capital

Reserves

Promoter Pledge %

0.00%

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

TTM

103

189

210

154

169

Operating Profit

—

OPM %

100

—

Other Income

Interest

Depreciation

Tax %

-6

Net Profit

EPS

—

Dividend Payout %

1,845

—

Minority Interest

Share of Associates

Adjusted EPS

—

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

LIABILITIES

Equity Capital

108

137

Trade Payables

133

Total Liabilities

286

306

ASSETS

104

146

Cash & Bank

174

144

Total Assets

286

306

Total Debt

Net Working Capital

-2

124

157

Contingent Liabilities

Book Value per Share

10.33

15.27

37.88

65.09

79.99

Face Value

10.00

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

-4

-10

-33

-20

-2

Cash from Investing

-0

-10

-3

Cash from Financing

-19

Free Cash Flow

-4

-10

-33

-22

-2

OCF / Net Profit

-39.43

-111.68

-12.91

-0.89

-0.08

Cumulative 5-Year FCF

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

PER SHARE

EPS (₹)

0.33

0.05

1.35

11.80

14.91

Book Value (₹)

10.33

15.27

37.88

65.09

79.99

Dividend per Share (₹)

0.00

1.00

0.00

Cash EPS (₹)

0.08

0.05

1.35

12.00

15.12

PROFITABILITY

Operating Margin %

99.93%

0.00%

2.22%

26.07%

18.56%

Net Margin %

73.92%

0.00%

12.32%

22.46%

15.43%

ROE %

3.23%

0.63%

5.24%

23.13%

20.56%

ROCE %

3.32%

0.52%

5.34%

26.61%

25.99%

1.50%

0.48%

4.04%

12.11%

9.86%

EFFICIENCY

Debtor Days

829

Inventory Days

662

287

241

Payable Days

-17

-22

-159

-302

829

693

450

553

FINANCIAL HEALTH

Debt to Equity (x)

0.32x

0.16x

0.07x

0.03x

0.04x

Interest Coverage (x)

0.00x

67.69x

85.73x

38.07x

23.00x

0.39x

10.39x

4.33x

1.81x

2.09x

GROWTH

Revenue Growth %

0.00%

-100.00%

0.00%

392.57%

83.97%

Operating Profit Growth %

0.00%

-34.38%

3249.20%

866.61%

35.14%

Net Profit Growth %

0.00%

-7.56%

2705.78%

798.23%

26.43%

0.00%

2386.53%

775.30%

26.43%

VALUATION

P/E (x)

0.00x

185.13x

23.71x

19.90x

P/B (x)

0.00x

6.59x

4.30x

3.71x

Dividend Yield %

0.00%

0.00x

161.32x

19.24x

15.13x

Jun 2024

Sep 2024

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Jun 2026

63.79

0.00

4.90

6.43

6.94

10.42

11.51

11.17

8.82

9.50

0.00

0.49

0.75

1.16

1.37

Government

0.00

36.21

31.31

29.77

29.26

25.30

23.95

23.88

26.23

25.33

Modi's Navnirman Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI

Modi's Navnirman Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI