Modis Navnirman Ltd
Incorporated in 2010, Modi’s Nav Nirman Ltd is in the business of real estate development[1]
- Market Cap ₹ 560 Cr.
- Current Price ₹ 286
- High / Low ₹ 311 / 220
- Stock P/E 45.7
- 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: | 55% |
| 1 Year: | 6% |
| 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 | |
|---|---|---|---|---|---|
| -0 | -16 | -7 | -25 | -22 | |
| 0 | -0 | -0 | -14 | 11 | |
| 1 | 17 | 9 | 45 | 5 | |
| Net Cash Flow | 0 | 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
-
Board Meeting Outcome for Revised Outcome
19 Aug - Board approved revised standalone and consolidated audited results for year ended March 31, 2025; audit opinion unmodified.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
19 Aug - Newspaper cuttings of Public Notice intimating shareholders about the 4th Annual General Meeting published on Friday, September 19th, 2025 in the newspapers.
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Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
18 Aug - Shareholders approved scheme of arrangement between Modi's Navnirman and its subsidiary on August 15, 2025.
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Board Meeting Outcome for Outcome Of Board Meeting Held On August 18Th, 2025.
18 Aug - Board approved FY25 reports, AGM notice, and appointed two independent directors subject to shareholder approval.
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Proceeding Of Postal Ballot
15 Aug - Postal ballot conducted for scheme approval of subsidiary arrangement; results by August 19, 2025.
Projects Undertaken:[1]
a) Rashmi Enclave
b) Rashmi Jewel
c) Rashmi Kavita
d) Rashmi Terrace