Modi's Navnirman Limited , a prominent real estate developer, has announced impressive financial results, showcasing robust growth across key metrics.

Strong Revenue and Profit Growth

The company reported a significant 53% increase in total revenue, reaching Rs. 8,856.73 lakhs compared to Rs. 5,790.45 lakhs in the previous year. This substantial growth underscores the company's strong market position and effective business strategies.

Net profit saw an even more remarkable surge, rising by 83% to Rs. 1,225.16 lakhs from Rs. 669.18 lakhs. This impressive profit growth reflects the company's improved operational efficiency and cost management.

Improved Profitability Metrics

Modi's Navnirman Limited's profit before tax increased by 82% to Rs. 1,649.37 lakhs from Rs. 906.40 lakhs, indicating strong operational performance. The company's earnings per share (EPS) improved significantly to Rs. 6.25 from Rs. 3.51, representing a 78% increase.

Notably, the net profit margin expanded to 13.8% from 11.6%, demonstrating the company's ability to enhance profitability while growing its revenue base.

Balance Sheet Strengthening

The company's total assets grew to Rs. 15,914.02 lakhs from Rs. 11,269.00 lakhs, reflecting an expansion in its asset base. A significant portion of this growth was attributed to inventory, which increased to Rs. 14,669.78 lakhs from Rs. 8,360.69 lakhs, potentially indicating preparation for future project developments.

Capital Raising and Corporate Actions

Modi's Navnirman Limited issued 5,00,000 equity shares at Rs. 210 per share through warrant conversion, strengthening its capital base and providing additional funds for growth initiatives.

Corporate Governance

The company reported no material fraud, highlighting its commitment to maintaining strong internal controls and ethical business practices.

Auditor's Report

The company's auditors have provided an unmodified opinion on both the standalone and consolidated financial results, affirming the accuracy and reliability of the financial statements.

Modi's Navnirman Limited's strong financial performance demonstrates its resilience and growth potential in the real estate sector. The significant improvements across revenue, profitability, and balance sheet metrics position the company well for continued success.

Modi's Navnirman Limited , a prominent player in the construction sector, has recently concluded its postal ballot voting process, marking a significant step towards a potential corporate restructuring. The voting, which ended on August 15, 2025, at 5:00 p.m. (IST), sought shareholder approval for a special resolution concerning a scheme of arrangement between the company and its wholly owned subsidiary, Shree Modi's Navnirman Private Limited.

Voting Process and Timeline

The postal ballot voting period spanned from July 17, 2025, to August 15, 2025. National Securities Depository Limited (NSDL) facilitated the remote e-voting services for this process. To ensure transparency and fairness, JNG & Co. LLP, with Mr. Jigarkumar Gandhi (CP No. 8108) as the Practicing Company Secretary, was appointed as the scrutinizer for the postal ballot and remote e-voting process.

Key Details of the Resolution

The special resolution put to vote pertains to the approval of a scheme of arrangement between Modi's Navnirman Limited (the Transferee Company) and its wholly owned subsidiary, Shree Modi's Navnirman Private Limited (the Transferor Company). This move suggests a potential merger or restructuring between the parent company and its subsidiary, which could have significant implications for the company's operations and structure.

Voting Rights and Participation

Shareholders' voting rights were proportional to their equity share holdings in the company's paid-up equity share capital as of July 11, 2025, which was set as the cut-off date. This approach ensures fair representation of shareholders' interests in the decision-making process.

Result Declaration and Disclosure

The company has announced that the voting results will be declared by August 19, 2025, at 5:00 p.m. (IST). In compliance with regulatory requirements, these results will be:

1. Submitted to the stock exchanges
2. Displayed on the NSDL website ( www.evoting.nsdl.com )
3. Published on the company's official website ( www.modisnirman.com )

Additionally, the company will submit the voting results to the stock exchanges as per Regulation 44(3) of the SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations, along with the Scrutinizer's Report in accordance with Section 108 of the Companies Act, 2013.

Implications and Next Steps

The outcome of this postal ballot could potentially lead to significant changes in Modi's Navnirman Limited's corporate structure. Shareholders and market observers will be keenly awaiting the results, which could influence the company's future strategic direction and operational efficiency.

As the construction sector continues to evolve, such corporate actions may be indicative of companies adapting to market conditions and optimizing their organizational structures for better performance and shareholder value creation.