Modis Navnirman Limited has informed the Exchange regarding a press release dated May 15, 2026, titled "Press Release Disclosure under Regulation 30 of SEBI (Listing Obligations andDisclosure Requirements) Regulations, 2015 for the quarter and year ended March 31, 2026".
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Modis Navnirman Limited reported record FY26 performance with highest-ever annual revenue of ₹189.31 crore, up 84% YoY from ₹102.91 crore. PAT grew 26% YoY to ₹29.14 crore from ₹23.11 crore. Q4 revenue surged 158% to ₹51.49 crore with PAT up 193% to ₹4.45 crore. However, EBITDA margin compressed from 28% to 20% year-on-year, indicating cost pressures. The company completed merger of Shree Modis Navnirman Pvt. Ltd., migrated to BSE/NSE Main Boards, and made first-time adoption of IND AS accounting standards. Balance sheet remains near-debt-free with borrowings of just ₹5.62 crore. Area sold grew 23% YoY to 53,000 sq. ft.
Strong top-line growth and PAT expansion are positive for shareholders, but margin compression may raise concerns about profitability sustainability. The near-debt-free status and migration to Main Boards enhance financial credibility for investors.