Modis Navnirman Ltd — Important, 20-02-2026: Company Update

Modis Navnirman Limited delivered robust financial results for the nine months of FY26. Revenue surged 103% to 137 Cr, EBITDA rose 102% to 30.89 Cr, and PAT jumped 105% to 24.77 Cr. Achieving its strongest-ever nine-month profit, surpassing full-year FY25, the company maintains a debt-free structure. Strategic wins include a 250 Cr GDV redevelopment in Borivali West, a completed subsidiary merger, and main board migration. On-time delivery of 90 flats in Rashmi Vasudeo underscores their asset-light model and commitment, a competitive edge in Mumbai's redevelopment market. Future outlook targets 200-230 Cr revenue for FY27, with sustained 22-25% EBITDA margins.