Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby submit the Press Release titled: Modis Navnirman Delivers Record ....
MODIS · price
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Modis Navnirman Ltd, a Mumbai-based real estate developer, announced its best-ever half-year results for H1 FY26 (ended September 30, 2025), achieving its entire FY25 profit of ₹12.01 crore in just six months. Revenue from operations jumped 127.72% YoY to ₹83.39 crore, driven by strong project execution and 42.50% growth in area sold to 28,500 sq ft. EBITDA surged 207.28% to ₹16.04 crore with margins expanding by 490 basis points to 19.23%, while PAT grew 164.54% to ₹12.01 crore. The company remains debt-free, completed the handover of its 'Rashmi Vasudeo' project in Borivali (90 homes), and successfully merged Shree Modis Navnirman Pvt. Ltd., described as Mumbai's first listed property merger.
Strong half-year results signal robust growth momentum and improving profitability for shareholders, with the debt-free status and merger providing further upside. The migration to BSE/NSE main boards could improve liquidity and investor visibility, potentially supporting a positive stock price reaction.