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Management reports strong H1 performance driven by high-velocity redevelopment projects and successful new launches.
H1 FY27 revenue ₹127.64 Cr (+53% YoY), EBITDA ₹26.19 Cr (+63%), PAT ₹19.08 Cr (+59%). Redevelopment-led Mumbai pipeline; 10.50 lakh sq ft potential launches.
Modis Navnirman reported solid Q1 FY27 growth despite temporary margin pressure from the Russia-Ukraine war and rising material costs. Management remains optimistic about Mumbai's re-development market with 11 upcoming projects and high pre-sales velocity.
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.
Modis Navnirman Q4 FY26 earnings transcript highlights record revenue and profitability driven by project completions and redevelopment momentum in Mumbai.
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.