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Investor Presentation

Modis Navnirman Investor Presentation: Key Takeaways

Modis Navnirman delivered strong Q1 FY27 results with 27.9% revenue growth and 25.8% PAT growth, driven by its asset-light redevelopment-led business model in Mumbai.

Guidance and delivery
Management target Revenue FY27
Highlights
Revenue growth27.92% YoY
MarginsEBITDA margin at 19.83%; PAT margin at 14.54%.
Order book44,000 Sq. Ft. sold in Q1 FY27, up 780% YoY.
Demand visibilityStrong pipeline provides enhanced revenue visibility for future years.
Management confidenceHigh; citing strong business momentum and execution capabilities.

Growth

Revenue rose 27.92% YoY to ₹58.26 Cr; EBITDA grew 14.25% to ₹11.65 Cr; PAT increased 25.81% to ₹8.54 Cr.

Outlook

Strong project pipeline with 10.50 lakh sq. ft. upcoming and 12.11 lakh sq. ft. currently under construction.

Risks

Key risks include foreign FDI pullback, luxury market concentration, supply overhang in office segments, and uneven RERA implementation.

Last quarter's promises, checked

Delivered

  • Targeting completion of Rashmi Square in FY27 → On track with 19 floors reached (= BEAT)
  • Targeting Rashmi Signature handover Q1 FY27 → On track with 19 floors reached (= BEAT)
  • Guided to maintain asset-light/debt-free model → Remained debt-free and asset-light (= BEAT)

Partly delivered

  • Targeting blended realization 27k-28k → Current blended realization 25k-27k (= PARTIAL)
  • Targeting Rashmi Signature booking to 75% → Currently at 50% (= PARTIAL)
Source

Investor Presentation 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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