Modis Navnirman Limited (MODIS) has marked a significant milestone in its development journey with the commencement of construction for Rashmi Paradise, a mixed-use development in Malad (West), Mumbai. The Bhoomi Poojan ceremony signifies the formal start of the project, which will comprise two residential towers with approximately 136 homes and 23 commercial shops and offices. The development spans a plot area of 4,574.10 sq. m. and includes podium parking and a dedicated amenities floor.

Strategic Location

Rashmi Paradise is strategically located in Evershine Nagar, near Link Road, Malad (West), Mumbai. This prime location is expected to offer residents and business owners convenient access to essential amenities and urban conveniences.

Project Features

The project features a blend of residential and commercial spaces designed to cater to the evolving needs of urban communities. The inclusion of podium parking and a dedicated amenities floor with recreational spaces and fitness facilities aims to provide a comfortable and convenient lifestyle for residents. The development also emphasizes quality construction and thoughtful planning to deliver lasting value.

With Rashmi Paradise, Modis Navnirman continues to expand its presence in Mumbai’s real estate market. The company remains focused on creating integrated developments that combine functional design, community-oriented planning, and contemporary urban living.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Modis Navnirman Limited

Modis Navnirman Limited belongs to the Real Estate › Real Estate – Development sector. Here’s a quick read on where the business and the stock stand today.

Modis gains 18.2% over three months and trades near its 52-week highs. The PEG of 0.36 is extremely low. Either the market misses the growth story, or there is a catch worth investigating. Revenue grows at 69.7% and profits at 71.7% CAGR. Both numbers are exceptional. Buyers show up with 2.0x the volume of sellers. Moreover, they dominated on 16 of recent sessions versus 13 for sellers — a healthy accumulation pattern. Both the business and the stock move in the right direction. Revenue grows at 69.7%, profits at 71.7%, and the PEG sits at 0.36 — below its growth rate. That combination is rare. Check Fundamentals of Modis Navnirman Limited.

Modis Navnirman Limited (BSE: 543539), one of Mumbai’s emerging premium real estate developers, has announced its un-audited consolidated financial results for the second quarter and half year ended September 30, 2026. The company reported a significant surge in revenue and profitability, with revenue from operations up 53% YoY to ₹127.64 crore and Profit After Tax (PAT) rising 59% to ₹19.08 crore for H1 FY27.

Strong Revenue and Profit Growth

The company’s revenue grew by 53.06% year-on-year to ₹127.64 crore, while PAT increased by 59% to ₹19.08 crore. Earnings Per Share (EPS) also surged, rising 59% to ₹9.72. The robust growth was driven by a 63.17% increase in EBITDA to ₹26.19 crore, outperforming the revenue growth.

Sales and Redevelopment Success

Sales are surging, with the company selling 78,560 sq. ft. in H1 FY27, with Q2 contributing 34,560 sq. ft., almost double over the same quarter last year. The demand for Modis’ redevelopment-led homes is growing as the year progresses. The company has secured a new redevelopment project, taking its upcoming pipeline to 5 projects (10.50 lakh sq. ft.).

As a result, Modis Navnirman Limited now has 22.61 lakh sq. ft. of development in progress or in the pipeline, more than three times the 7.22 lakh sq. ft. already delivered. The portfolio stands at 25 premium residential projects across Mumbai and adjoining regions.

In conclusion, Modis Navnirman Limited continues to demonstrate strong growth and profitability, setting new benchmarks in Mumbai’s premium real estate segment.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Modis Navnirman Limited

Modis Navnirman Limited belongs to the Real Estate › Real Estate – Development sector. Here’s a quick read on where the business and the stock stand today.

Modis gains 18.2% over three months and trades near its 52-week highs. The PEG of 0.36 is extremely low. Either the market misses the growth story, or there is a catch worth investigating. Revenue grows at 69.7% and profits at 71.7% CAGR. Both numbers are exceptional. Buyers show up with 2.0x the volume of sellers. Moreover, they dominated on 16 of recent sessions versus 13 for sellers — a healthy accumulation pattern. Both the business and the stock move in the right direction. Revenue grows at 69.7%, profits at 71.7%, and the PEG sits at 0.36 — below its growth rate. That combination is rare. Check Fundamentals of Modis Navnirman Limited.

Modis Navnirman Limited (BSE: 543539) has announced its unaudited consolidated financial results for the quarter ended June 30, 2026. Modis Navnirman Limited delivered a strong performance in Q1 FY27, with revenue from operations increasing by 27.9% to ₹58.26 crore, while EBITDA grew by 14.2% to ₹11.65 crore and PAT rose by 25.8% to ₹8.54 crore.

Financial Highlights

EBITDA increased 14.25% year-on-year to ₹11.65 crore in Q1 FY27, compared to ₹10.20 crore in Q1 FY26, and grew 54.13% sequentially over Q4 FY26. Profit After Tax (PAT) rose 25.81% year-on-year to ₹8.54 crore in Q1 FY27, compared to ₹6.79 crore in Q1 FY26, and increased 92.04% sequentially over Q4 FY26, with Basic EPS at ₹4.36 versus ₹3.47 in the year-ago quarter.

Construction Progress

Construction progressed steadily across all six ongoing projects during the quarter: Rashmi Square (22nd slab completed), Rashmi Signature (20th slab completed), Rashmi Delight (14th slab completed), Rashmi Manorath (13th slab completed), and Rashmi Icon and Rashmi Avenue (plinth stage).

Looking ahead, the company remains focused on accelerating project execution, selectively expanding its redevelopment portfolio, maintaining financial discipline, and delivering sustainable value for all stakeholders.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Modis Navnirman Limited

Modis Navnirman Limited belongs to the Real Estate › Real Estate – Development sector. Here’s a quick read on where the business and the stock stand today.

Modis holds in the upper half of its 52-week range, a sign the market backs the stock. The PEG of 0.37 is extremely low. Either the market misses the growth story, or there is a catch worth investigating. Revenue grows at 69.7% and profits at 71.7% CAGR. Both numbers are exceptional. Buyers show up with 1.7x the volume of sellers. Moreover, they dominated on 15 of recent sessions versus 14 for sellers — a healthy accumulation pattern. Both the business and the stock move in the right direction. Revenue grows at 69.7%, profits at 71.7%, and the PEG sits at 0.37 — below its growth rate. That combination is rare. Check Fundamentals of Modis Navnirman Limited.