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Modis Navnirman Ltd

Q2 FY27Realty

Modis Navnirman Q2 Results 2026 (FY27): Revenue & Margins

Q2 FY27 earnings call: what management said on revenue, margins and capex.

Price₹390
Market cap₹763 Cr
P/E24.6
Updated29 Oct 2026
Read4 min read

Modis Navnirman Ltd Q2 FY27 key numbers

Revenue
Average realizations per square foot are increasing, with new project launches expected in the range of INR 27,000 to INR 30,000/sq.ft, supporting higher sales value.

As stated in Modis Navnirman Ltd's Q2 FY27 earnings call transcript · published 29 Oct 2026. Reported figures, not investment advice.

The short version

The company targets adding projects with an annual GDV of around INR 500 crores or more, indicating steady scale expansion. - Sales bookings in H1 FY27 were approximately INR 202 crores with 78,560 sq.ft. Revenue, EBITDA, and profit after tax all showed strong growth in H1 FY27, with revenue up 53% YoY and EBITDA up 63% YoY.

From Modis Navnirman Ltd's Q2 FY27 earnings-call transcript · updated 29 Oct 2026.

Revenue & Sales Performance

Good growth
  • The company targets adding projects with an annual GDV of around INR 500 crores or more, indicating steady scale expansion.
  • Sales bookings in H1 FY27 were approximately INR 202 crores with 78,560 sq.ft. sold, driven by both ongoing and new projects.
  • Major new launches like Rashmi Leon and Rashmi Avenue contributed around 40% to sales growth.
  • Average realizations per square foot are increasing, with new project launches expected in the range of INR 27,000 to INR 30,000/sq.ft, supporting higher sales value.
  • Strong sales momentum and rising realization rates suggest revenue growth of over 50% year-on-year.
  • Completion and sales of ongoing projects are expected to contribute about INR 200 crores in revenue in H2 FY27.

2 more points from Modis Navnirman Ltd's call on revenue

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Profitability & Margins

See what Modis Navnirman Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

Capex planned
  • The company is executing multiple redevelopment projects simultaneously, including five upcoming residential-cum-commercial projects.
  • They have plans to procure projects annually with an average GDV of around INR 500 crores, targeting steady growth without requiring debt.
  • The five upcoming projects have a combined GDV of approximately INR 1000 crores, which will be self-funded without raising debt.

2 more points from Modis Navnirman Ltd's call on capex

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Top-ranked in Realty

Ranked on what management guided this quarter

Guidance-ranked
Rev 1Mar 3
2Sobha Ltd
Rev 2Mar 1
3
Rev 2Mar 1
4
Rev 2Mar 1
5
Rev 2Mar 3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

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Order Book & Pipeline

Order book rising
  • As of September 30, 2026, Modis Navnirman Limited has revenue visibility of approximately INR 661 crores from ongoing projects.
  • This includes INR 156 crores of revenue yet to be recognized from committed sales and an estimated INR 505 crores potential value from unsold inventory.
  • The company has a portfolio of 25 residential-cum-commercial projects, with 14 completed projects covering 7.22 lakh sq.ft, 6 ongoing projects covering 12.11 lakh sq.ft, and 5 upcoming projects in the pipeline.
  • The 5 upcoming projects represent around INR 500 crores+ GDV (Gross Development Value) and development agreements for most are either signed or near finalization.

2 more points from Modis Navnirman Ltd's call on order book

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What the Q2 FY27 call signalled

3 of 5 strong

RevenueGood growth
MarginMargins steady
CapexCapex planned
FundraiseNo fundraise planned
Order bookOrder book rising

Modis Navnirman Ltd — Quarterly revenue & net profit

Revenue Net profit
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26
Jun 2026Q1 FY27
Sep 2026Q2 FY27

Reported quarterly figures (₹ Cr). Latest (Q2 FY27): revenue ₹69 Cr, net profit ₹10 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

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Frequently Asked Questions

What were Modis Navnirman Ltd Q2 FY27 results?

The company targets adding projects with an annual GDV of around INR 500 crores or more, indicating steady scale expansion. - Sales bookings in H1 FY27 were approximately INR 202 crores with 78,560 sq.ft. Revenue, EBITDA, and profit after tax all showed strong growth in H1 FY27, with revenue up 53% YoY and EBITDA up 63% YoY.

What is Modis Navnirman Ltd share price analysis?

Modis Navnirman Ltd currently shows a moderate growth signal based on ranking data. The stock trades at a P/E of 24.6 with a market cap of ₹763 Cr. Investors should review the full earnings analysis for detailed insights.

Is Modis Navnirman Ltd planning capital expenditure?

The company is executing multiple redevelopment projects simultaneously, including five upcoming residential-cum-commercial projects.

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.