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Prices as of 8 Oct 2026 close · Not investment advice

Modis Navnirman Limited

NSE: MODISResidential, Commercial Projects

Share price

₹375.25

-1.97% close of 8 Oct 2026

Market cap ₹751 CrP/E 24.3

Business score

How strong the business is, in one number. The parts behind it are in Pro.

62

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹751 Cr

P/E ratio

24.3

P/B ratio

4.7

ROCE

25.8%

ROE

20.4%

Dividend yield

0.0%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 8 Oct 2026 close52-week high ₹415.6052-week low ₹290.30

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Our sales figures for this company step up at Sep 2022 and we hold nothing that says why, so we cannot honestly quote a growth rate across it.

Whether it grew faster than its sector

Our sales figures for this company step up at Sep 2022 and we hold nothing that says why, so there is no honest growth rate of its own to set against its sector.

Room to re-rate, or risk of de-rating

Too little price history yet to compare it with its own past.

Whether growth justifies the valuation

Priced at 0.3 times its growth rate, on earnings growth of 72%.

Profit growthPrice per ₹1 profitPer 1% growth
Modis Navnirman Limited — this one72%/yr24.3×₹0.34
The Phoenix Mills Limited12%/yr49.2×₹4.1
Prestige Estates Projects18%/yr53.4×₹3.0
Oberoi Realty9%/yr22.9×₹2.5
Godrej Properties49%/yr28.6×₹0.58
Anant Raj Limited54%/yr36.2×₹0.67

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Residential, Commercial Projects), it ranks 6 of 86 on returns, 2 of 80 on growth, 37 of 86 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

A wide advantage: it earns 25.8% on capital, ahead of 93% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

No — Over the last five years the business itself consumed ₹78 crore of cash before any plant spend, funded from shareholders — borrowings did not rise. And the profit is not backed by cash: it reported a profit over 6 years and consumed cash from the business. Its cash comes back faster than it used to: it went from being waiting 663 days for its cash to waiting 293 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

7 of 9 checks clear · 78%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Announced 7 Aug 2026 · Consolidated · Unaudited

Revenue

₹58 Cr

Revenue vs last quarter

+13.1%

Net profit

₹9 Cr

Profit vs last quarter

+94.6%

Net margin

14.7%

EPS

₹4.36

Earnings call transcript · 10 Aug 2026

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹751 Cr
Prev close
₹375.25
52w High
₹429
52w Low
₹276
Enterprise value
₹752 Cr
Beta
0.6
Price CAGR 1y
16.0%
Price CAGR 3y
31.0%
Price CAGR 5y
—
Price CAGR 10y
—

Ratios

Return on assets
9.5%
PEG ratio
0.3
P/E ratio
24.3
P/B ratio
4.7
EV / EBITDA
20.8
Industry P/E
23.4
ROCE
25.8%
ROCE 5y average
19.0%
ROE
20.4%
Debt / Equity
0.0
Interest coverage
19.0
Dividend yield
0.0%
ROE 3y average
18.0%
ROE last year
21.0%

Annual P&L

Annual revenue
₹189 Cr
Annual profit
₹29 Cr
Operating margin
19.0%
Net profit margin
15.3%
EBITDA margin
18.5%
Sales growth 3y
65.1%
Sales growth 5y
70.8%
Profit growth 3y
72.0%
Profit growth 5y
138.0%
EPS
₹14.9
Sales growth TTM
84.0%
Profit growth TTM
26.0%
Dividend payout
0.0%

Quarter P&L

Sales latest quarter
₹58 Cr
Profit latest quarter
₹9 Cr
YoY quarterly sales growth
27.9%
YoY quarterly profit growth
26.4%
OPM latest quarter
19.2%

Balance Sheet

Book Value
₹78.5
Face Value
₹10.0
Total debt
₹6 Cr
Total cash
₹5 Cr
Borrowings
₹6 Cr
Reserves / Equity
6.8

Cash Flow

Operating cash flow
-₹2 Cr
Free cash flow
-₹2 Cr
FCF yield
-0.5%
Net cash flow
₹2 Cr

Shareholding

Promoter holding
63.8%
FII holding
9.5%
DII holding
1.4%
Public holding
25.3%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
DLF647.2537.21,60,2151.23793.94.11,280.3-52.96.3
Lodha Developers1,096.8526.61,09,6180.391,373.1103.44,996.743.116.4
Phoenix Mills1,791.3549.464,0730.14394.523.31,074.912.812.4
Oberoi Realty1,704.9023.461,9910.47543.529.01,300.931.717.3
Prestige Estates1,413.7053.560,8920.14271.4-19.42,675.115.910.4
Godrej Propert.1,550.3528.946,7010.64349.4-41.7506.216.57.6
Anant Raj603.4037.521,7150.16149.218.9631.46.612.1
Modi's Navnirman378.5524.07420.008.626.458.327.925.8
Median135.5923.88800.008.426.485.011.07.6

Competes with: Anant Raj Limited, Brigade Enterprises Limited, DLF Limited, Godrej Properties, Lodha Developers Limited, Oberoi Realty, Prestige Estates Projects, The Phoenix Mills Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemSep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Jun 2025Dec 2025Mar 2026Jun 2026
Sales5.573.4219232433372046545158
Expenses1735404747
Material Cost470
Change in Inventories-1.16-0.04
Purchases of Stock-in-Trade045
Employee Cost1.030.85
Other Expenses0.261.38
Operating Profit3.1310154.7711
OPM %-429324111415141622279.2619
Other Income0.780.130.162.790.49
Exceptional items (within Other Income)00
Interest0.460.010.081.570.02
Depreciation1.48-00.300.090.11
Profit before tax1.9710145.9012
Tax %2433122526
Net Profit1.516.79134.418.58
EPS in Rs0.773.476.522.254.38
Diluted EPS in Rs2.254.36

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales1394221103189
Expenses138342076154
Material Cost190
Change in Inventories-43
Purchases of Stock-in-Trade0
Employee Cost3.72
Other Expenses3.43
Operating Profit11902735
OPM %4.2012202.202619
Other Income001223
Exceptional items (within Other Income)0
Interest002011.65
Depreciation-0-0-000.400.40
Profit before tax11832736
Tax %252525111620
Net Profit01632329
EPS in Rs0.713.401.351215
Diluted EPS in Rs15
Dividend Payout %-0-029-0-0-0

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
—
5 years
71%
3 years
65%
TTM
84%

Compounded profit growth

10 years
—
5 years
138%
3 years
72%
TTM
26%

Stock price CAGR

10 years
—
5 years
—
3 years
31%
1 year
16%

Return on equity

10 years
—
5 years
19%
3 years
18%
Last year
21%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital3317192020
Reserves-011556108137
Borrowings1207546
Other Liabilities482015150142
Minority Interest0
Total Liabilities7315996282305
Fixed Assets-0-0-0011
CWIP-0-0-0-0-0-0
Investments-0011131
Other Assets7315985278303
Total Assets7315996282305

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-0-16-7-33-20-2.33
Cash from Investing Activity-0-0-0-10-32
Cash from Financing Activity11794842
Net Cash Flow0114-192
Free Cash Flow-0-16-7-33-20-2.03

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days913913517
Inventory Days433,2567781,134
Days Payable1074056587
Cash Conversion Cycle-552,8657221,060517
Working Capital Days-62663311783428293
ROCE %83052626

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters707171646464646464646464
FIIs00004.906.436.941012118.829.50
DIIs00000000.490.751.161.161.37
Public302929363130292524242625
No. of Shareholders4156027938978268567971,0881,0051,1581,2181,380

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year +15.5% (₹325.00 → ₹375.25)Brick size ₹13.55 (fixed)Bricks 29
₹300₹350₹400₹375Nov '25Jan '26Apr '26Jul '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹375.25 on 8 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

1.00inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

News

News and filings about Modis Navnirman Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

Uses as raw material

  • TMT / structural steel
  • Transferable Development Rights (TDR)
  • cement
  • construction and project purchases (real estate stock-in-trade)
  • sand and aggregates

Depends on the price of

  • aluminium
  • cement
  • steel

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Realty
Industry
Residential, Commercial Projects
Classification
Realty › Residential, Commercial Projects
ISIN
INE0L0L01012

Plants

  • Rashmi Avenue
  • Rashmi Delight
  • Rashmi Icon
  • Rashmi Manorath
  • Rashmi Signature
  • Rashmi Square

News impact

Big market events that reach Modis Navnirman Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Splits, bonuses & buybacks

  • daily-prices repair: 1 rows from NSE's archive (replace 0, delete 0, insert 1), 2026-02-01..2026-02-01 (docs/flat_day_repair.md)1× · 1 Feb 2026
  • bse-history fill: 792 BSE bars before cutoff, code 543539, seam residual 1.00031× · 14 Nov 2025
  • bse-history step 1/4: pre-listing action read from BSE's ruling (d1 0.000)0.25× · 15 Nov 2022

Bulk & block deals

DateWhoBought / soldSharesPrice
27 Aug 2026SHRENI SHARES PVTSELL1,05,754₹384.03
27 Aug 2026SHRENI SHARES PVTBUY5,696₹396.11
21 Jul 2026SHRENI SHARES PVTBUY1,06,567₹390.98
21 Jul 2026SHRENI SHARES PVTSELL82,961₹392.14
8 Jul 2026F3 ADVISORS PRIVATE LIMITEDSELL3,28,400₹345.00
8 Jul 2026AL MAHA INVESTMENT FUND PCC - ONYX STRATEGYBUY2,50,000₹345.57
8 Jul 2026AEGIS INVESTMENT FUNDBUY1,00,000₹345.00
3 Jul 2026RAMNEEK SEHGAL AND SONS HUFSELL2,23,521₹335.02
3 Jul 2026AEGIS INVESTMENT FUNDBUY1,75,000₹335.00
3 Jun 2026NECTA BLOOM VCC - NECTA BLOOM ONESELL4,00,000₹347.67

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.