Modi's Navnirman Limited , a Mumbai-based real estate developer, has released its investor presentation, showcasing robust growth across key financial metrics and operational achievements.

Financial Highlights

The company reported impressive financial results:

Modi's Navnirman's EBITDA margin improvement of 358 basis points year-over-year indicates enhanced operational efficiency.

Operational Performance

The company's operational metrics also showed significant growth:

• Sold approximately 40,000 square feet across 60 units
• Generated sales value of Rs. 86.52 crore
• Collections totaled Rs. 115.27 crore, up 96% year-over-year

Project Expansion

Modi's Navnirman launched three new projects, focusing on:

1. Society redevelopment
2. Mid-income housing

These projects are located in Mumbai's suburban markets, including Malad, Kandivali, and Borivali, aligning with the company's strategic focus on urban redevelopment.

Business Model and Portfolio

Modi's Navnirman operates through an asset-light, partnership-driven model, specializing in:

• MHADA (Maharashtra Housing and Area Development Authority) projects
• SRA (Slum Rehabilitation Authority) projects
• Society redevelopment projects

The company's project portfolio includes:

• Over 5.90 lakh square feet delivered
• 7.40 lakh square feet ongoing
• 10+ lakh square feet upcoming across 20 premium residential projects

This diverse portfolio demonstrates Modi's Navnirman's strong presence in Mumbai's real estate market and its focus on urban renewal and redevelopment projects.

The company's growth strategy, focusing on society redevelopment and mid-income housing in Mumbai's suburban markets, appears to be yielding positive results as reflected in its financial and operational performance.

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.