TickerSutra

NSE: MODIS · BSE: 543539 · ISIN INE0L0L01012

MODI’S NAVNIRMAN LIMITED stock analysis

MODI’S NAVNIRMAN LIMITED ranks #631 in the TickerSutra evidence-ranked universe with a score of 62/100 and 89% data confidence. The latest captured fundamentals show ROCE of 25.8%, quarterly sales growth of 27.9% and quarterly profit growth of 26.8%.
Complete evidence gate pass governance reviewUpdated 29 Sept 2026
TICKERSUTRA SCORE62/100

Monitor only

#631 of 5,430 ranked equities
Market capitalisation₹736.61cr
ROCE25.8%
Quarterly sales growth27.9%
Quarterly profit growth26.8%
P/E ratio23.7×
Promoter pledge0.0%

INVESTMENT EVIDENCE

What supports—and challenges—the thesis

Evidence in favour

  • ROCE is 25.8%
  • Low debt/equity of 0.04×
  • No promoter shares are reported as pledged

Risks and constraints

  • CFO/EBITDA is below 0.6×
  • Operating margin has compressed materially

Still unresolved: Related-party exposure · Broad media sentiment

FINANCIAL TRAJECTORY

Recent operating history

PeriodRevenueOperating profitNet profitOperating margin
2022₹0cr₹0cr₹0cr100.0%
2023₹0cr₹-2cr₹0cr-7.0%
2024₹21cr₹0cr₹3cr2.2%
2025₹103cr₹27cr₹23cr26.0%
2026₹189cr₹35cr₹29cr19.0%
TTM₹202cr₹36cr₹31cr18.0%
Debt / equity0.04×
CFO / EBITDA-0.06×
Operating margin18.0%
Free cash flow₹-2cr
Sales CAGR · 3YUnavailable
Profit CAGR · 3YUnavailable

EXCHANGE EVENT TRIGGERS

Latest corporate disclosures

0 positive catalysts0 negative catalysts2 routine filings

MANAGEMENT COMMENTARY

Signals from filed documents

Management confidenceHigh severity · 1 mention
Constructive

We believe that redevelopment will remain a key driver of growth in Mumbai, and we are well- positioned to capitalise on this opportunity with our strong execution track record and growing project pipeline. Way Forward Looking ahead, we are confident of sustaining our growth momentum, supported by strong project visibility, a robust pipeline, and a clear strategic roadmap. Also, we remain committed to timely executio

Regulatory updatesModerate severity · 18 mentions
Constructive

Warehousing in the MMR region hit a record 9.6 million sq Ō in H2 2025, up 55 percent over H1, reûecƟng the region's emergence as a key logisƟcs hub. Redevelopment acƟvity 4 supported by regulatory reforms and scarcity of Greenûeld land 4 conƟnues to be a powerful demand driver for developers operaƟng in the city's densely built micro-markets. OPERATIONAL PERFORMANCE Signiûcant Progress across Parameters During ûscal

Regulatory approvalModerate severity · 12 mentions
Watch

Growth Pipeline and Business Development Operationally, FY26 has been a year of strong execution and expansion. We successfully delivered completed projects and received key regulatory approvals, including the Occupation Certificate for Rashmi Celestia, enabling us to commence timely handovers to customers. scale efficiently while maintaining strong cash flows and operational agility.

Pricing commentaryLow severity · 2 mentions
Watch

So, we are expecting this plus whatever more tenders come and whatever we achicve, that. So, pertaining to that only, so are we seeing any changes in the pricing trends across your key micro-markets? No, there are no price ~ pricing trends have been similar to what it is.

HOW TO READ THIS PAGE

Evidence, freshness and limitations

What does the TickerSutra score mean?

The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.

Which sources support this page?

Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.

Why can an item be unresolved?

Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.

Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer

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