Modi's Navnirman
331.50
+1.50(+0.45%)
Market Cap₹649.45 Cr
PE Ratio94.68
IndustryRealty
Company Performance:
1D+0.45%
1M-0.58%
6M-15.96%
1Y-15.96%
5Y-15.96%
View Company Insightsright
More news about Modi's Navnirman
04Nov 25
Modi's Navnirman Reports Robust H1 Performance: Net Profit Surges to ₹120 Crore
Modi's Navnirman Limited announced impressive financial results for H1 FY2025-26. Revenue surged 129.20% to ₹839.00 crore, while net profit soared 166.70% to ₹120.00 crore compared to the same period last year. The company's strong performance is reflected in its robust inventory of ₹14,917.77 crore, cash position of ₹258.64 crore, and increased total equity of ₹11,760.45 crore. These results suggest a recovering real estate market in India and demonstrate Modi's Navnirman's successful project execution and sales strategies.
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17Oct 25
Modi's Navnirman Completes Fast-Track Merger with Subsidiary, Marking Industry First
Modi's Navnirman, a prominent player in Mumbai's redevelopment real estate sector, has completed a fast-track merger with its wholly-owned subsidiary, Shree Modis Navnirman Private Limited. This merger, approved by over 90% of shareholders, is India's second fast-track merger and the first listed fast-track merger in Mumbai's real estate segment. The consolidation is expected to strengthen the company's balance sheet, improve operational efficiencies, enhance resource utilization, create cost synergies, and bolster its market position in Mumbai's real estate market.
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15Sept 25
Modi's Navnirman Reports 49.76% Revenue Growth, Expands Project Portfolio
Mumbai-based real estate developer Modi's Navnirman Limited has reported significant growth in its financial and operational metrics. Revenue increased by 49.76% to Rs. 86.54 crore, while Profit After Tax grew by 83.08% to Rs. 12.25 crore. The company's EBITDA margin improved by 358 basis points to 19.35%. Operationally, the company sold approximately 40,000 square feet across 60 units, generating sales value of Rs. 86.52 crore. Collections rose by 96% year-over-year to Rs. 115.27 crore. Modi's Navnirman launched three new projects focusing on society redevelopment and mid-income housing in Mumbai's suburban markets. The company operates through an asset-light, partnership-driven model, specializing in MHADA, SRA, and society redevelopment projects.
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19Aug 25
Modi's Navnirman Limited Reports 53% Revenue Growth and 83% Profit Surge
Modi's Navnirman Limited announced impressive financial results with total revenue increasing by 53% to Rs. 8,856.73 lakhs and net profit surging by 83% to Rs. 1,225.16 lakhs. The company's profit before tax grew by 82% to Rs. 1,649.37 lakhs, while earnings per share improved by 78% to Rs. 6.25. The net profit margin expanded to 13.8% from 11.6%. Total assets increased to Rs. 15,914.02 lakhs, with inventory rising to Rs. 14,669.78 lakhs. The company issued 5,00,000 equity shares at Rs. 210 per share through warrant conversion. No material fraud was reported, and auditors provided an unmodified opinion on financial results.
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15Aug 25
Modi's Navnirman Limited Concludes Postal Ballot for Subsidiary Merger Scheme
Modi's Navnirman Limited completed a postal ballot voting process on August 15, 2025, seeking shareholder approval for a scheme of arrangement with its wholly owned subsidiary, Shree Modi's Navnirman Private Limited. The voting period lasted from July 17 to August 15, 2025, with results to be declared by August 19, 2025. The special resolution suggests a potential merger or restructuring between the parent company and its subsidiary. Voting rights were based on equity shareholdings as of July 11, 2025. Results will be submitted to stock exchanges, displayed on NSDL's website, and published on the company's official website.
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23Jul 25
Modi's Navnirman Aims for Main Board Listing on BSE and NSE
Mumbai-based real estate developer Modi's Navnirman Limited has submitted applications to migrate from the BSE SME Platform to the Main Board of BSE and seek listing on the Main Board of NSE. The company aims to enhance its market visibility and access a broader investor base. Mahek Modi, Whole Time Director and CFO, views this as a significant milestone reflecting the company's performance and governance. Founded in 2010, Modi's Navnirman specializes in redevelopment projects in Mumbai.
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10Jun 25
Modi's Navnirman Announces Merger and Plans Main Board Transition
Modi's Navnirman Ltd has revealed plans for corporate restructuring and stock exchange transitions. The company intends to merge with its wholly-owned subsidiary, Modi's Navnirman Infra Private Limited. Additionally, it aims to move from the BSE SME platform to the main boards of both BSE and NSE. These strategic moves are designed to enhance market presence and improve liquidity for shareholders.
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02Jun 25
Modis Navnirman Eyes Main Board Listing: Board Meeting Scheduled for June 6
Modis Navnirman, currently listed on the BSE SME Exchange, has announced a board meeting on June 6 to consider migrating to the main boards of BSE and NSE. This potential move could increase visibility, enhance liquidity, improve access to capital, and boost the company's market presence. The final decision will be made during the board meeting, with subsequent steps dependent on the outcome.
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Modi's Navnirman
331.50
+1.50
(+0.45%)
1 Year Returns:-15.96%
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