Modis Navnirman Ltd
Incorporated in 2010, Modi’s Nav Nirman Ltd is in the business of real estate development[1]
- Market Cap ₹ 624 Cr.
- Current Price ₹ 323
- High / Low ₹ 409 / 220
- Stock P/E 31.6
- Book Value ₹ 60.0
- Dividend Yield 0.00 %
- ROCE 12.9 %
- ROE 9.88 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 42.4% CAGR over last 5 years
Cons
- Stock is trading at 5.47 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 7.35% over last 3 years.
- Promoter holding has decreased over last 3 years: -6.41%
* 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
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|
| 3 | 22 | 0 | -0 | 21 | 75 | 133 | |
| 2 | 20 | -0 | 2 | 20 | 66 | 108 | |
| Operating Profit | 0 | 2 | 0 | -2 | 0 | 9 | 25 |
| OPM % | 18% | 10% | 100% | -7% | 2% | 12% | 19% |
| 0 | 0 | -0 | 2 | 2 | 2 | 2 | |
| Interest | 0 | 0 | -0 | -0 | 0 | 0 | 0 |
| Depreciation | -0 | -0 | -0 | -0 | 0 | 0 | 0 |
| Profit before tax | 0 | 2 | 0 | 0 | 3 | 11 | 26 |
| Tax % | 27% | 28% | 31% | -11% | 11% | 25% | |
| 0 | 1 | 0 | 0 | 3 | 8 | 20 | |
| EPS in Rs | 0.08 | 0.05 | 1.35 | 4.19 | 10.08 | ||
| Dividend Payout % | -0% | -0% | -0% | 1,880% | -0% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 28% |
| 3 Years: | 732% |
| TTM: | 133% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 42% |
| 3 Years: | 334% |
| TTM: | 252% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 27% |
| 1 Year: | 34% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 7% |
| Last Year: | 10% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 3 | 17 | 19 | 20 | 20 |
| Reserves | -0 | -0 | 0 | 9 | 56 | 71 | 98 |
| 9 | 2 | 1 | 4 | 5 | 3 | 1 | |
| 4 | 7 | 3 | 2 | 15 | 45 | 54 | |
| Total Liabilities | 13 | 10 | 7 | 32 | 96 | 139 | 173 |
| -0 | -0 | -0 | -0 | 0 | 0 | 0 | |
| CWIP | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
| Investments | -0 | -0 | 0 | 0 | 11 | 5 | 5 |
| 13 | 10 | 7 | 32 | 85 | 135 | 168 | |
| Total Assets | 13 | 10 | 7 | 32 | 96 | 139 | 173 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| -3 | 8 | -4 | -10 | -33 | -18 | |
| 0 | -0 | -0 | -0 | -10 | 8 | |
| 4 | -8 | 4 | 30 | 48 | 6 | |
| Net Cash Flow | 0 | -0 | 0 | 19 | 4 | -5 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 6 | 6 | 842 | 13 | 5 | |
| Inventory Days | 555 | 1,134 | 682 | |||
| Days Payable | 66 | 87 | 62 | |||
| Cash Conversion Cycle | 6 | 496 | 842 | 1,060 | 624 | |
| Working Capital Days | 1,266 | 19 | -4,436 | 783 | 421 | |
| ROCE % | 37% | 1% | 5% | 13% |
Documents
Announcements
-
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
2d - Aegis Investment Fund PCC acquired 32,000 shares (0.163%) of Modis Navnirman on 29 Jan 2026.
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
1 Jan - Unanimous developer appointment for BOI Staff Sheetal society; GDV ₹250 crore; 3,924.91 sqm plot; Jan 01, 2026.
- Closure of Trading Window 30 Dec 2025
-
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
15 Nov 2025 - The Transcript of the Earnings Conference Call held on Monday, November 10, 2025, for discussing the Financial Results of Modis Navnirman Limited for the quarter …
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
13 Nov 2025 - Migrated to NSE/BSE Main Board effective Nov 14, 2025; 1,95,91,200 ₹10 shares.
Annual reports
Concalls
-
Nov 2025Transcript PPT
-
Sep 2025TranscriptAI SummaryPPT
Projects Undertaken:[1]
a) Rashmi Enclave
b) Rashmi Jewel
c) Rashmi Kavita
d) Rashmi Terrace