Modis Navnirman Ltd
Incorporated in 2010, Modi’s Nav Nirman Ltd is in the business of real estate development[1]
- Market Cap ₹ 541 Cr.
- Current Price ₹ 276
- High / Low ₹ 311 / 220
- Stock P/E 44.1
- Book Value ₹ 53.6
- Dividend Yield 0.00 %
- ROCE 16.7 %
- ROE 12.9 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Promoter holding has decreased over last 3 years: -36.2%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Realty Realty Residential, Commercial Projects
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 13 | 9 | 42 | 58 | 87 | |
| 13 | 8 | 34 | 49 | 72 | |
| Operating Profit | 1 | 1 | 9 | 9 | 15 |
| OPM % | 4% | 12% | 20% | 16% | 17% |
| 0 | 0 | 1 | 0 | 2 | |
| Interest | 0 | 0 | 2 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 1 | 1 | 8 | 9 | 16 |
| Tax % | 25% | 25% | 25% | 26% | 26% |
| 0 | 1 | 6 | 7 | 12 | |
| EPS in Rs | 0.71 | 3.40 | 3.50 | 6.25 | |
| Dividend Payout % | 0% | 0% | 29% | 26% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 113% |
| TTM: | 50% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 144% |
| TTM: | 83% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 53% |
| 1 Year: | 0% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 14% |
| Last Year: | 13% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 17 | 19 | 19 |
| Reserves | -0 | 1 | 15 | 66 | 86 |
| 1 | 20 | 7 | 6 | 3 | |
| 4 | 8 | 20 | 21 | 51 | |
| Total Liabilities | 7 | 31 | 59 | 113 | 159 |
| 0 | 0 | 0 | 0 | 0 | |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 1 | 15 | 5 |
| 7 | 31 | 59 | 98 | 154 | |
| Total Assets | 7 | 31 | 59 | 113 | 159 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| -16 | -7 | -25 | -22 | ||
| -0 | -0 | -14 | 11 | ||
| 17 | 9 | 45 | 5 | ||
| Net Cash Flow | 1 | 1 | 5 | -6 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 9 | 13 | 9 | 15 | 5 |
| Inventory Days | 43 | 3,256 | 778 | 650 | 807 |
| Days Payable | 107 | 405 | 65 | 55 | 66 |
| Cash Conversion Cycle | -55 | 2,865 | 722 | 609 | 746 |
| Working Capital Days | -62 | 663 | 311 | 424 | 425 |
| ROCE % | 8% | 30% | 14% | 17% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
23 Jul - Modis Navnirman applies for migration from BSE SME to BSE & NSE Main Boards for broader investor access.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 15 Jul
-
Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
14 Jul - Postal ballot for shareholder approval of subsidiary amalgamation into Modi's Navnirman Limited.
-
Board Meeting Outcome for Outcome Of The Board Meeting Held On Monday, July 14, 2025
14 Jul - Board approved draft IM and incorporation of Section 8 non-profit subsidiary with company premises as registered office.
-
Announcement under Regulation 30 (LODR)-Change in Management
10 Jul - Appointment of two Non-Executive Independent Directors effective July 10, 2025, subject to shareholder approval.
Projects Undertaken:[1]
a) Rashmi Enclave
b) Rashmi Jewel
c) Rashmi Kavita
d) Rashmi Terrace