Modis Navnirman Ltd

Modis Navnirman Ltd

₹ 335 -1.29%
29 May - close price
About

Incorporated in 2010, Modi’s Nav Nirman Ltd is in the business of real estate development[1]

Key Points

Projects Undertaken:[1]
a) Rashmi Enclave
b) Rashmi Jewel
c) Rashmi Kavita
d) Rashmi Terrace

  • Market Cap 659 Cr.
  • Current Price 335
  • High / Low 415 / 242
  • Stock P/E 22.6
  • Book Value 80.0
  • Dividend Yield 0.00 %
  • ROCE 29.6 %
  • ROE 23.6 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company has delivered good profit growth of 138% CAGR over last 5 years

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2025 Dec 2025 Mar 2026
19.94 54.43 51.49
16.81 39.74 46.72
Operating Profit 3.13 14.69 4.77
OPM % 15.70% 26.99% 9.26%
0.78 0.16 2.79
Interest 0.46 0.08 1.57
Depreciation 1.48 0.30 0.09
Profit before tax 1.97 14.47 5.90
Tax % 23.86% 11.75% 25.25%
1.51 12.77 4.41
EPS in Rs 0.77 6.52 2.25
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
13 9 42 21 75 189
13 8 34 20 66 154
Operating Profit 1 1 9 0 9 35
OPM % 4% 12% 20% 2% 12% 19%
0 0 1 2 2 3
Interest 0 0 2 0 0 2
Depreciation 0 0 0 0 0 0
Profit before tax 1 1 8 3 11 36
Tax % 25% 25% 25% 11% 25% 20%
0 1 6 3 8 29
EPS in Rs 0.71 3.40 1.35 4.19 14.89
Dividend Payout % 0% 0% 29% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 70%
3 Years: 65%
TTM: 153%
Compounded Profit Growth
10 Years: %
5 Years: 138%
3 Years: 72%
TTM: 256%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 26%
1 Year: 35%
Return on Equity
10 Years: %
5 Years: 17%
3 Years: 15%
Last Year: 24%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 3 3 17 19 20 20
Reserves -0 1 15 56 71 137
1 20 7 5 3 6
4 8 20 15 45 142
Total Liabilities 7 31 59 96 139 305
0 0 0 0 0 1
CWIP 0 0 0 0 0 0
Investments 0 0 1 11 5 1
7 31 59 85 135 303
Total Assets 7 31 59 96 139 305

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
-0 -16 -7 -33 -18 -2
0 -0 -0 -10 8 2
1 17 9 48 6 2
Net Cash Flow 0 1 1 4 -5 2
Free Cash Flow -0 -16 -7 -33 -18 -2
CFO/OP -9% -1,435% -63% -7,146% -174% 8%

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 9 13 9 13 5 17
Inventory Days 43 3,256 778 1,134 682
Days Payable 107 405 65 87 62
Cash Conversion Cycle -55 2,865 722 1,060 624 17
Working Capital Days -62 663 311 783 421 293
ROCE % 8% 30% 5% 13% 30%

Insights

In beta
Mar 2022 Mar 2023 Mar 2024 Mar 2025
Inventory (Work-in-Progress) Value
INR Lakhs

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Area Delivered (Cumulative)
Lakh Sq. Ft.
Ongoing Projects Area
Lakh Sq. Ft.
Upcoming Projects Pipeline (Area)
Lakh Sq. Ft.
Number of Completed Projects
Numbers

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

11 Recently
Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
70.20% 70.20% 71.03% 71.03% 63.79% 63.79% 63.79% 63.79% 63.79% 63.79% 63.79% 63.79%
0.00% 0.00% 0.00% 0.00% 0.00% 4.90% 6.43% 6.94% 10.42% 11.51% 11.17% 8.82%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.49% 0.75% 1.16% 1.16%
29.79% 29.79% 28.96% 28.97% 36.20% 31.30% 29.77% 29.26% 25.30% 23.96% 23.87% 26.24%
No. of Shareholders 3954156027938978268567971,0881,0051,1581,218

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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