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Earnings Call

Modis Navnirman Earnings Call: Key Takeaways

Modis Navnirman delivered strong FY26 revenue growth driven by project completions, though margins compressed due to inflationary raw material costs and early-stage project spending.

Highlights
Revenue growthRevenue up 84% YoY to ₹189cr; Q4 revenue up 158%.
MarginsEBITDA margins moderated due to project mix and construction inflation.
Order book7.5L sq ft portfolio; 4.9L booked, 2.4L inventory available.
Demand visibilityStrong demand in Mumbai redevelopment; NRIs showing increased interest.
Management confidenceConfident; highlighted debt-free status and migration to main board.

Growth

Revenue surged 84% YoY to ₹189cr, fueled by handing over Rashmi Vasudev and Rashmi Celestia projects.

Outlook

Targeting project deliveries for Rashmi Square and Signature in FY27; expansion into Khar and Parla.

Risks

Rising raw material costs impacting active projects like Rashmi Square; geographic concentration in Mumbai suburbs.

Source

Earnings Call filed with BSE, NSE: MODIS. Summary written with AI assistance from the document.

Read the document ↗

Modis Navnirman Ltd: key numbers

Share price
₹363.10
Market cap
₹711.4 Cr
Revenue (annual)
₹189.3 Cr
Net profit (annual)
₹29.18 Cr
P/E (TTM)
23.0×Sector 35.8×
Promoter holding
63.79%+0.00% QoQ
FII holding
9.50%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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