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.

Modis Navnirman Limited (MNL), a Mumbai-based real estate developer, has been appointed as the developer for the redevelopment of Neel Kiran Co-operative Housing Society Ltd. (CHSL), a landmark residential society in Khar West, Mumbai. This appointment follows a redevelopment selection process conducted by the society, culminating in the members selecting MNL as their preferred redevelopment partner. The project is expected to contribute approximately ₹250 crore in Gross Development Value (GDV) to the Company’s redevelopment portfolio.

Strategic Location

Located in one of Mumbai’s most sought-after residential neighborhoods, Neel Kiran CHSL occupies a strategic position in Khar West, a market known for its strong residential demand, established social infrastructure, and enduring appeal among homebuyers. The redevelopment is expected to deliver modern residential infrastructure, enhanced amenities, and a contemporary living environment while creating long-term value for existing members.

Commitment to Excellence

Commenting on the development, Mr. Dinesh Modi, Chairman & Managing Director of Modis Navnirman Limited, said: ‘We are honored by the confidence and trust placed in us by the members of Neel Kiran Co-operative Housing Society. Redevelopment is ultimately a partnership built on transparency, commitment, and shared vision, and we recognize the responsibility that comes with being entrusted to transform a society’s future. At Modis Navnirman Limited, our focus extends beyond construction—we strive to create developments that enhance the quality of life for residents, unlock the full potential of valuable urban land parcels, and contribute positively to the neighborhood in which we operate. We look forward to working closely with the members of Neel Kiran CHSL and all stakeholders to deliver a development that reflects the aspirations of society and stands as a landmark addition to Khar West.’

The redevelopment of Neel Kiran CHSL marks a significant milestone for Modis Navnirman Limited as we expand our presence into one of Mumbai’s most prestigious residential markets. Khar West has long been regarded as one of the city’s most desirable residential destinations, and we are delighted to have earned the trust of the members of Neel Kiran CHSL. This project represents an exciting new chapter for the Company and adds approximately ₹250 crore to our GDV pipeline, further strengthening our presence in Mumbai’s premium redevelopment 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 posts a 7.9% three-month gain, but softens in the last few weeks. The PEG of 0.31 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. The stock gives back 15.1% in the last month despite a positive three-month run. As a result, the earlier momentum appears to be fading. Revenue grows at 69.7% and profits at 71.7%. The business is in good shape. Moreover, a stock that does not move despite strong fundamentals often offers better value than one already priced for perfection. Check Fundamentals of Modis Navnirman Limited.