Summary

Modis Navnirman Limited reported record performance for FY26, achieving its highest-ever annual revenue, profitability, and project pipeline. The company's full-year revenue from operations reached ₹189.31 crore, an 84% increase year-on-year, while Q4 FY26 revenue surged 158% to ₹51.49 crore. Profit after tax for FY26 grew 26% to ₹29.14 crore, with Q4 PAT dramatically rising 193% to ₹4.45 crore, primarily due to accelerated project execution and revenue recognition. The company also highlighted a 23% increase in area sold, a near-debt-free balance sheet, successful project handovers, and strategic corporate actions like the merger of Shree Modis Navnirman Pvt. Ltd. and migration to BSE & NSE Main Boards.

Key Highlights

1. 1

   Modis Navnirman Limited achieved its highest-ever annual revenue of ₹189.31 crore in FY26, representing an 84% increase compared to ₹102.91 crore in FY25, marking a landmark year of execution and growth.

2. 2

   Revenue for Q4 FY26 surged by 158% year-on-year to ₹51.49 crore, significantly up from ₹19.94 crore in Q4 FY25, driven by accelerated project execution and strong booking conversions.

3. 3

   Profit after tax (PAT) for FY26 increased by 26% year-on-year to ₹29.14 crore, reflecting disciplined cost management and an improved revenue mix.

4. 4

   Q4 FY26 PAT showed remarkable growth of 193% year-on-year, reaching ₹4.45 crore compared to ₹1.52 crore in Q4 FY25, underpinned by revenue recognition from advanced-stage projects.

5. 5

   EBITDA for FY26 grew by 35% year-on-year to ₹38.46 crore, supported by operating leverage across advanced-stage projects.

6. 6

   The company's area sold expanded by 23% year-on-year to 53,000 sq. ft. in FY26, demonstrating healthy demand across its ongoing projects in Mumbai's western suburbs.

7. 7

   Modis Navnirman maintains a near-debt-free balance sheet with minimal borrowings of ₹5.62 crore, providing substantial financial flexibility for future growth initiatives.