BSECompany Update11h ago · 24 Oct 2026, 04:35 pm
Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the quarter and half year ended September 30, 2026
Modis Navnirman Ltd · 543539
✦ AI Summary▲ PositiveResults
Modis Navnirman Ltd has announced its un-audited consolidated financial results for the second quarter and half year ended September 30, 2026, with revenue from operations up 53.06% YoY to X127.64 Cr, EBITDA up 63.17% YoY to X26.19 Cr, and PAT up 59% YoY to X19.08 Cr.
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Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact9/10
Market Sentiment9/10
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Modis Navnirman Ltd - 543539 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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MODIS
NAVNIRMAN
Date: 24/10/2026
To, To,
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, Corporate Relationship Dept.,
Plot No. C/1, G’ Block, Phiroze Jeejeebhoy Towers,
Bandra-Kurla Complex, Dalal Street, Fort,
Bandra (E), Mumbai — 400 051 Mumbai — 400 001
Scrip Code — MODIS Scrip Code — 543539
Dear Sir / Madam,
Sub.: Press Release — Disclosure under Regulation 30 of SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015 for the quarter and half year ended September
30,2026
Dear Sir/Madam,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, we hereby submit the Press/Media Release titled
" Modis Navnirman’s Growth Engine moves into a Higher Gear
H1 FY27 Revenue up 53% & PAT up 59%.".
The said Press Release is enclosed herewith and is also being uploaded on the Company’s
website at www.modisnavnirman.com for the information of stakeholders.
You are requested to kindly take the above on record.
Thanking you,
For Modis Navnirman Limited
- Digitally signed by
Nishi Mahek ishi Mahek Modi
Modi Date: 2026.10.24
16:20:43 +05'30'
CS Nishi Mahek Modi
Company Secretary
ACS:-68212
MODIS NAVNIRMAN LTD. | CIN:L45203MH2022PLC377939
Corporate Address: Shop No. 01, Rashmi Heights, M.G. Road, Kandivali (W), Mumbi - 400 067.
© info@modisnirman.com | & www.modisnirman.com |© +91 9819 9891 00
MODIS
NAVNIRMAN
Media Release
Modis Navnirman’s Growth Engine moves into a Higher Gear
H1 FY27 Revenue up 53% & PAT up 59%
EBITDA margin expands 127 bps to 20.52% as profits outgrow revenue; H1 sales of 78,560 sq. ft. and new
redevelopment win lifts upcoming pipeline to 5 projects
Mumbai, October 24™, 2026: 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.
H1FY27 ata glance
X127.64 Cr X26.19Cr X19.08 Cr X9.72
Revenue from Operations EBITDA Profit After Tax Earnings Per Share
+53.06% YoY +63.17% YoY +59% YoY +59% YoY
Sales are surging, and accelerating
The strongest signal, this half came from the market. Modis sold 78,560 sq. ft. in H1 FY27, with Q2 contributing
34,560 sq. ft., almost double over the same quarter last year. Demand for Modis’ redevelopment-led homes is
growing as the year progresses.
Profits are outgrowing revenue
Profitability remained strong alongside growth. EBITDA rose 63.17% to $26.19 crore, outpacitnhge 53.06% rise
in revenue, and EBITDA margin expanded to 127 bps to 20.52%. PAT rose 59% to %19.08 crore, with Basic EPS at
%9.72 against X6.13 in H1 FY26.
The momentum built through the half In Q2 FY27, revenue grew 19.08% over Q1 to X69.38 crore, EBITDA rose
24.80% to X14.54 crore at a margin of 20.96%, and PAT rose 23.41% to X10.54 crore, with every key profit line
improving sequentially.
A pipeline built for the next leg of growth
Modis secured a new redevelopment project in this period, taking its upcoming pipeline to 5 projects (10.50 lakh
sq. ft.). Together with 6 ongoing projects, the Company 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.
MODIS NAVNIRMAN LTD. | CIN: L45203MH2022PLC377939
Corporate Address: Shop No. 01, Rashmi Heights, M.G. Road, Kandivali (W), Mumbai - 400 067.
® info@modisnirman.com | & www.modisnirman.com | © +91 9819 9891 00
MODIS
NAVNIRMAN
Q2 & H1 FY27: Key Consolidated Financial Highlights
Particulars (X Cr.) Q2FY27 QlFyY27 m H1FY27 H1FY26
Revenue from Operations 69.38 58.26 19.08% 127.64 83.39 53.06%
EBITDA 14.54 1165 24.80% 26.19 16.05 63.17%
EBITDA Margin (%) 20.96% 19.83% - 20.52% 19.25% -
Profit Before Tax 13.26 1152 15.10% 24.78 16.04 55%
Profit After Tax (PAT) 10.54 8.54 23.41% 19.08 12.00 59%
PAT Margin (%) 15.16% 14.54% - 14.87% 14.32% -
Basic EPS (%) 5.34 4.36 - 9.72 6.13 -
Management Comment
Mr. Dinesh Modi, Chairman & MD, Modis Navnirman Limited, said:
“This half demonstrates what our redevelopment-led model can achieve when execution and demand move
together. Revenue grew 53%, while sales reached 78,560 sq. ft. in H1 FY27, with Q2 sales of 34,560 sq. ft.
almost twice the level of the same quarter last year, reflecting homebuyers’ confidence in the Modis brand and
the quality of our homes. EBITDA and PAT grew faster than revenue, underscoring the operating discipline with
which we manage every site and scale without compromising on quality.
With six ongoing projects across Mumbai and a new redevelopment project added during the quarter, our
upcoming pipeline now comprises five projects and 10.50 lakh sq. ft. Together, we have 22.61 lakh sq. ft. under
development or in the pipeline. Redevelopment is central to how Mumbai renews itself, and we intend to help
shape that story by adding projects selectively, executing with quality, and creating lasting value for our
shareholders, customers, and the societies that entrust us with their homes.”
About Modis Navnirman Limited
Modis Navnirman Limited is among the fastest growing and most promising players in Mumbai’s redevelopment real
estate segment. Founded by Mr. Dinesh C. Modi in 2009, the Company has established itself within a short span of time
by delivering large, luxurious and viable projects that upgrade the lifestyles of its customers. With a portfolio of 25
premium residential projects across Mumbai and adjoining regions, the team continues to set new benchmarks on its
journey to become one of the largest real estate developers in India.
For more details please visit: www.modisnavnirman.com
Investor Relations:
Company:
Adfactors PR Ltd.
Modis Navnirman Ltd.
Saloni Nagvekar
Company Secretary & Compliance Officer:
Email: saloni.nagvekar@adfactorspr.com
Nishi Modi
Note: Certain statements in this document may be forward-looking statements. Such forward-looking statements are subject to certain risks
and uncertainties like regulatory changes, local political or economic developments, and many other factors that could cause our actual results
to differ materially from those contemplated by the relevant forward-looking statements. Further, past performance is not necessarily
indicative of future results. Given these risks, uncertainties and other risk factors, viewers are cautioned not to place undue reliance on these
forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes
no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.
MODIS NAVNIRMAN LTD. | CIN: L45203MH2022PLC377939
Corporate Address: Shop No. 01, Rashmi Heights, M.G. Road, Kandivali (W), Mumbai - 400 067.
® info@modisnirman.com | & www.modisnirman.com | © +91 9819 9891 00