Mumbai-based real estate redevelopment company Modi's Navnirman Limited (BSE: 543539 | NSE: MODIS) has marked a significant milestone in its growth trajectory. The company has successfully migrated from the SME Platform to the Main Board of both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), effective November 14, 2025.

Key Details of the Migration

This strategic move opens new avenues for Modi's Navnirman Limited, potentially enhancing its visibility, liquidity, and access to a broader base of institutional and retail investors.

Company's Perspective

Mr. Mahek Modi, Whole Time Director and Chief Financial Officer of Modi's Navnirman Limited, expressed pride in this achievement, stating:

"The migration to the Main Board of both BSE and NSE is a proud moment for all of us at Modi's Navnirman. It signifies the growing trust of our stakeholders and the maturity of our organization. This achievement reinforces our commitment to sustainable growth, operational excellence, and transparent governance."

About Modi's Navnirman Limited

Modi's Navnirman Limited, founded in 2010 by Mr. Dinesh C. Modi, has quickly established itself as a prominent player in Mumbai's redevelopment real estate sector. The company is known for:

• Delivering large, luxurious projects
• Responsible innovation in real estate development
• Upgrading customer lifestyles
• Setting new benchmarks in the industry

Implications for Investors

The migration to the Main Board may signal several positive developments for current and potential investors:

1. Enhanced Visibility: Listing on the Main Board could attract more attention from institutional investors and market analysts.
2. Improved Liquidity: The move may lead to increased trading volume, potentially benefiting shareholders.
3. Stricter Compliance: Main Board listing often comes with more rigorous regulatory requirements, which can enhance investor confidence.
4. Broader Market Access: The company now has the potential to be included in various market indices, further increasing its visibility.

As Modi's Navnirman Limited embarks on this new phase of its journey, investors and market watchers will be keen to observe how this transition impacts the company's growth strategy and market performance in the dynamic Indian real estate sector.

Note: Investors are advised to conduct their own research and consider market risks before making investment decisions.

Modi's Navnirman Limited, a prominent player in the real estate sector, has announced its financial results for the first half of the fiscal year 2025-26, showcasing remarkable growth across key financial metrics.

Financial Highlights

Revenue Growth

Modi's Navnirman reported a substantial increase in revenue for the first half of the fiscal year 2025-26. The company's revenue reached ₹839.00 crore, marking a significant rise from ₹366.00 crore in the same period last year. This represents an impressive year-over-year growth of 129.20%, indicating strong market demand for the company's offerings.

Profitability Surge

The company's bottom line witnessed an even more dramatic improvement. Net profit for H1 FY2025-26 stood at ₹120.00 crore, compared to ₹45.00 crore in the corresponding period of the previous year. This translates to a remarkable 166.70% increase in net profit, underscoring the company's ability to enhance profitability alongside revenue growth.

Operational Performance

The unaudited financial results, as approved by the Board of Directors on November 4, 2025, reveal several key aspects of Modi's Navnirman's operations:

1. Inventory Management: The company reported inventories of ₹14,917.77 crore as of September 30, 2025, indicating a robust pipeline of projects.

2. Cash Position: Cash and cash equivalents stood at ₹258.64 crore, reflecting a strong liquidity position.

3. Borrowings: The company has maintained a relatively low level of borrowings, with long-term borrowings at ₹100.16 crore.

4. Equity: Total equity increased to ₹11,760.45 crore, up from ₹10,559.98 crore at the end of the previous fiscal year, indicating retained earnings and a stronger balance sheet.

Market Implications

The strong financial performance of Modi's Navnirman may be indicative of a recovering real estate market in India. The significant growth in both revenue and profitability suggests that the company has been successful in project execution and sales, potentially capitalizing on pent-up demand in the housing sector.

Investors and market analysts are likely to view these results positively, as they demonstrate the company's ability to grow substantially even in a challenging economic environment. The real estate sector, which has faced headwinds in recent years, may see renewed interest if other players in the industry also report similar growth trends.

As Modi's Navnirman continues to strengthen its market position, stakeholders will be keen to observe if this growth trajectory can be maintained in the coming quarters, especially given the cyclical nature of the real estate industry.