Modis Navnirman Ltd

Modis Navnirman Limited announced its unaudited consolidated financial results for Q1 FY27, reporting a strong performance. Revenue from operations increased by 27.92% year-on-year to ₹58.26 crore, while Profit After Tax (PAT) saw a significant rise of 25.81% to ₹8.54 crore. EBITDA grew by 14.25% YoY to ₹11.65 crore. The company also reported a substantial surge in Area Sold, up 780% YoY to 44,000 sq. ft. Modis Navnirman secured a new redevelopment project, expanding its pipeline to 5 projects, in addition to ongoing and completed projects. Management highlighted disciplined execution and the strength of its redevelopment-led business model.

Modis Navnirman's consolidated Q1 FY27 (quarter ended June 30, 2026) print shows revenue from operations of ₹58.26 Cr, up 27.9% YoY (₹45.54 Cr) and 13.1% QoQ (₹51.49 Cr), with consolidated PAT of ₹8.58 Cr, up 26.4% YoY (₹6.79 Cr) and 94.7% QoQ off a weak ₹4.41 Cr base in Q4 FY26. Standalone tells effectively the same story (PAT ₹8.61 Cr) since the wholly-owned subsidiary, Modis Navnirman Foundation, is immaterial to the group (~₹0.04 Lakh revenue per the auditor's Other Matter note) — no basis divergence worth flagging. There is no analyst/street coverage identified for this name (no consensus estimates found), so vsStreet is unknown rather than assumed. On management's own prior guidance from the Q4 FY26 concall — that margin moderation seen in Q4 was temporary (driven by project mix and construction-stage expenses) and would return to previous levels — this quarter is broadly on track but not fully there. Operating margin (OPM, revenue less total expenses over revenue) recovered sharply to 19.2% from Q4 FY26's 9.26% low, but still trails the year-ago quarter's 22.1%, so the recovery is real but partial. Net margin (PAT/total income) was roughly flat YoY at 14.6% versus 14.9%, cushioned by other income of ₹0.49 Cr versus just ₹0.13 Cr a year ago — a small-base line item that meaningfully aided bottom-line growth this quarter and is worth watching for recurrence. Finance costs remain negligible (₹1.85 Lakh), consistent with management's debt-free positioning. The quarter's governance calendar — 5th AGM held August 5, 2026, annual report filed, and today's board meeting approving these results — is administrative and doesn't bear on the operating numbers; no fresh order wins, capex, or management changes were disclosed alongside the results. No standalone management press release accompanied this filing, so the guidance read here rests on the prior concall commentary rather than fresh quarter-specific commentary from the company.

Modis Navnirman Ltd has scheduled a Board of Directors meeting for August 7, 2026, to consider and approve the Un-Audited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The meeting will also review the Limited Review Report from statutory auditors, D G M S & CO. Consequently, the trading window for the company's securities, which commenced on July 1, 2026, will remain closed until 48 hours after the declaration of these financial results, extending to August 10, 2026. This announcement is made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Modis Navnirman Ltd has issued a notice for its 5th Annual General Meeting (AGM) scheduled for Wednesday, August 5th, 2026, at 11:00 AM IST. The AGM will be held at the company's registered office in Mumbai. Key agenda items include the adoption of audited standalone and consolidated financial statements for the financial year ended March 31, 2026, and the re-appointment of Mr. Dinesh Modi as a director who retires by rotation. The notice, along with the Annual Report, will be dispatched electronically to members with registered email addresses and will also be available on the company's website and stock exchange websites. Members can request physical copies and are advised on proxy appointment procedures.

Modis Navnirman Ltd has announced that its 5th Annual General Meeting (AGM) will be held on Wednesday, August 5th, 2026, at 11:00 A.M. IST at the company's registered office. Further to a prior communication dated July 6th, 2026, the company has enclosed its Integrated Annual Report for the Financial Year 2025-26, along with the Notice of the 5th AGM and other statutory reports. The annual report is also available on the company's website and will be sent electronically to members with registered email addresses. The report highlights a year of growth, trust, and future possibilities, featuring completed projects and emphasizing quality, integrity, and excellence.

Modis Navnirman Ltd has announced its 5th Annual General Meeting (AGM) will be held on Wednesday, August 5, 2026, at 11:00 AM IST. The meeting will take place at the company's registered office in Mumbai. Key agenda items include the adoption of audited standalone and consolidated financial statements for the financial year ended March 31, 2026, and the re-appointment of Mr. Dinesh Modi, who retires by rotation. The notice of the AGM, along with the Annual Report for FY 2025-26, will be dispatched electronically to members and will also be available on the company's website and stock exchange websites. Members are informed about proxy appointment procedures and the process for requesting physical copies of the Annual Report.

Modis Navnirman Limited held a Board of Directors meeting on July 6, 2026, approving the Directors' Report for the financial year ended March 31, 2026. The board also approved the convening of the 5th Annual General Meeting (AGM), including the draft notice, explanatory statement, and the provision for remote e-voting. Mr. Jigarkumar Gandhi was appointed as the Scrutinizer for the AGM's voting process. The meeting commenced at 11:00 AM and concluded at 1:30 PM.

Modis Navnirman Limited has announced that its Board of Directors will convene on Monday, July 6, 2026. The primary agenda items include the consideration and approval of the Directors' Report for the financial year ending March 31, 2026. Additionally, the board will decide on the date, time, and venue for the 5th Annual General Meeting (AGM), and approve the draft notice for the AGM. The company also plans to approve the remote e-voting facility for shareholders and appoint a scrutinizer for the e-voting process.

Modis Navnirman Ltd has officially changed its website domain from https://modisnirman.com/ to https://modisnavnirman.com/ effective June 22nd, 2026. The company stated that the new domain better represents its identity and business. All users from the old domain will be permanently redirected to the new one to ensure seamless access to content and services. This change is in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Aegis Investment Fund PCC has submitted a revised disclosure regarding its shareholding in Modis Navnirman Ltd, as per SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The fund's stake has increased from 6.09% to 8.42% through open market purchases, with an acquisition of 457,142 shares on June 3, 2026. This revised filing updates the market on the fund's evolving position in the company.