Here's a summary of Modis Navnirman Limited's investor presentation: **Business Performance:** Modis Navnirman reported a strong FY26 with its highest-ever revenue of ₹189.31 Cr, up 84% YoY.
PAT also saw a healthy increase of 26% YoY to ₹29.14 Cr, with EBITDA growing 35% YoY to ₹38.46 Cr.
This performance was driven by successful project completions and robust sales across their portfolio. **Growth Drivers/Strategy:** The company continues to leverage its asset-light, redevelopment-focused model in Mumbai's western suburbs.
Strategic growth is focused on expanding the project pipeline, particularly through MHADA, SRA, and society redevelopments, aiming for capital efficiency and steady margins. **Recent Developments:** Key milestones in FY26 include the successful handover of "Rashmi Celestia" and "Rashmi Vasudeo" projects.
The company is also progressing with new launches like "Rashmi Icon" and "Rashmi Avenue." A significant development is the proposed migration from the BSE SME platform to the Main Boards of BSE and NSE. **Key Financial Metrics:** * Revenue: ₹189.31 Cr (FY26) - up 84% YoY * EBITDA: ₹38.46 Cr (FY26) - up 35% YoY * PAT: ₹29.14 Cr (FY26) - up 26% YoY **Management Commentary/Outlook:** Management remains focused on accelerating project execution, selectively expanding the redevelopment portfolio, and maintaining financial discipline.
The company is well-positioned to benefit from the positive trends in the Indian real estate market, driven by urbanization, infrastructure development, and supportive policies.
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