Modi's Navnirman
- Market cap
- ₹ 734 Cr.
- P/E
- 23.7x
- P/B
- 4.81x
- 52-week range
- 276 – 434
- ROE
- 21%
- ROCE
- 26%
- Debt / equity
- 0.04
- Sector
- Realty
- Industry
- Residential, Commercial Projects
- Listed on
- NSE, BSE
About
Modi’s Navnirman Limited is an India-based real estate developer. The Company is engaged in the activities of real estate development. It is principally engaged in providing construction services. The Company develops residential and commercial projects. It has a substantial portfolio of projects spanning the suburbs of Borivali, Kandivali, Malad and Goregaon, across all price points, from affordable to super premium. Its completed projects include Badshah Residency, Rashmi Kunj, Mrunali, Rashmi Sadhna, Rashmi Sheela, Rashmi Chaya, Rashmi Tara, Rashmi Jewel, Rashmi Heights, Rashmi Terrace, Rashi Enclave and Rasmi Kavita. Its ongoing Projects are Rashmi Celestia, Rashmi Square, Rashmi Residency and Rashmi Signature. Its upcoming projects include Rashmi Square, Rashmi Icon, Rashmi Residency and Rashmi Signature. The Rashmi Celestia is a commercial and residential project that covers over 1,25,000 square feet (Sq. Ft.) located in Borivali, Mumbai.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Residential, Commercial Projects: 174 companies →Modi's Navnirman against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)23.7 against a typical 23.3: pricier than most peers (1st = cheapest).88th of 173
- Sales growth+81.6% against a typical +6.6% from a year earlier.28th of 134
- Profit growth+100% against a typical +2.9% from a year earlier.23rd of 108
- Share price, 3 months−3.1% against a typical −9.9%.51st of 147
- Size₹ 734.4 Cr. market value against a typical ₹ 129.6 Cr. (1st = largest).50th of 163
Latest announcements
Exchange filings and their impact on the company.
- Q2 revenue up 83% and profit doubled, putting H1 at two-thirds of last full year sales.
Modi's Navnirman reported strong Q2 FY27 results with consolidated revenue of Rs 69.38 crore, up 83% from last year, and net profit of Rs 10.46 crore, about double last year. For the first half, revenue was Rs 127.64 crore and profit was Rs 19.04 crore. Customer advances rose to about Rs 176 crore and short-term borrowings rose to Rs 24 crore to fund project growth, supporting continued strong execution over the next year.
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 24 Oct 2026 | Financial Results | To consider and Approve of Un-Audited Standalone and Consolidated Financial Results for the quarter and half-year ended September 30th, 2026, |
| 7 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 15 May 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended March 31, 2026 and other business matters |
| 13 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|
| Sales | 20 | 46 | 38 | 54 | 51 | 58 | 69 |
| Expenses | 17 | 35 | 32 | 40 | 47 | 47 | 55 |
| Operating Profit | 3 | 10 | 6 | 15 | 5 | 11 | 14 |
| OPM % | 16% | 22% | 15% | 27% | 9% | 19% | 21% |
| Other Income | 1 | 0 | 0 | 0 | 3 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 2 | 0 | 1 |
| Depreciation | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 2 | 10 | 6 | 14 | 6 | 12 | 13 |
| Tax % | 24% | 33% | 11% | 12% | 25% | 26% | 21% |
| Net Profit | 2 | 7 | 5 | 13 | 4 | 9 | 10 |
| EPS in Rs | 0.77 | 3.47 | 2.65 | 6.52 | 2.25 | 4.38 | 5.34 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 70%
- 3 Years
- 65%
- TTM
- 84%
- 10 Years
- —
- 5 Years
- 138%
- 3 Years
- 72%
- TTM
- 26%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 30%
- TTM
- —
- 10 Years
- —
- 5 Years
- 19%
- 3 Years
- 18%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Modi's Navnirman | ₹ 383.05 | ₹ 734 Cr. | 23.7x | 4.8x | 21% | — |
| Prestige Estates Projects | ₹ 1,392.50 | ₹ 59,808 Cr. | 60.7x | 4.5x | 7.5% | 10.3% |
| Embassy Office Parks REIT | ₹ 422.00 | ₹ 40,001 Cr. | 54.6x | 2.1x | 4.3% | 20.3% |
| Nexus Select Trust | ₹ 158.12 | ₹ 23,955 Cr. | 62.2x | 1.9x | 3% | 15.7% |
| WeWork India Management | ₹ 631.55 | ₹ 8,791 Cr. | 62.8x | 30.8x | — | 3.2% |
| NESCO | ₹ 983.20 | ₹ 6,928 Cr. | 18.3x | 2.6x | 14.7% | 44.3% |
Management
- Dineshkumar Modi
- Chairman of the Board, Managing Director
- Mahek Modi
- Chief Financial Officer, Whole Time Director
- Nishi Modi
- Compliance Officer, Company Secretary
- Rashmi Modi
- Whole Time Director
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