Modis Navnirman FY26 PAT Rises 26% to ₹29.14 Crore

Modis Navnirman reported FY26 revenue of ₹189.31 crore and PAT of ₹29.14 crore, a 26% YoY increase, driven by strong project execution.
The company completed handover of two projects (Rashmi Vasudeo and Rashmi Celestia) and is progressing six ongoing projects totaling 12.11 lakh sq. ft.
Strategic milestones include a proposed migration to BSE/NSE Main Boards and the merger of Shree Modis Navnirman Private Limited with the company.
The asset-light redevelopment model focused on Mumbai's western suburbs supported healthy EBITDA of ₹38.46 crore and low leverage.