Modis Navnirman Ltd: Intrinsic Value & Share Price Analysis

Q: What is the current share price and 52-week range of Modis Navnirman Ltd?

Modis Navnirman Ltd is trading at 374.00 as of 05 September 2026, with a FY2026-2027 high of 429 and low of 262. The stock is currently in the middle of its 52-week range. Market cap stands at 734 Cr..

Q: Is Modis Navnirman Ltd financially healthy?

Key indicators: ROCE of 25.8 % indicates efficient capital utilization. Dividend yield is 0.00 %.

Q: Is Modis Navnirman Ltd profitable and how is the profit trend?

Modis Navnirman Ltd reported a net profit of 8 Cr in Mar 2025 on revenue of 75 Cr. Compared to 1 Cr in Mar 2022, the net profit shows an improving trend.

Fair Value

₹317.16Overvalued by 15.20%vs CMP ₹374.00

P/E (23.7) × ROE (20.5%) × BV (₹80.00) × DY (2.00%)

₹166.33Overvalued by 55.53%vs CMP ₹374.00

MoS: -124.9% (Negative)Confidence: 63/100 (Moderate)Models: 1 Under, 8 Over

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹494.33	23%	Under (+32.2%)
Graham Number	Earnings	₹86.84	17%	Over (-76.8%)
Earnings Power	Earnings	₹20.87	11%	Over (-94.4%)
DCF	Cash Flow	₹99.45	11%	Over (-73.4%)
Net Asset Value	Assets	₹80.00	7%	Over (-78.6%)
EV/EBITDA	Enterprise	₹42.55	9%	Over (-88.6%)
Earnings Yield	Earnings	₹41.90	7%	Over (-88.8%)
ROCE Capital	Returns	₹113.44	9%	Over (-69.7%)
Revenue Multiple	Revenue	₹38.20	6%	Over (-89.8%)
Consensus (9 models)		₹166.33	100%	Overvalued

Key Drivers: EPS CAGR 55.9% lifts DCF — verify sustainability. | Wide model spread (₹21–₹494) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 55.9%

*Investments are subject to market risks

Analyst Summary

Modis Navnirman Ltd operates in the Construction, Contracting & Engineering segment, NSE: MODIS | BSE: 543539, current market price is ₹374.00, market cap is 734 Cr.. At a glance, stock P/E is 23.7, ROE is 20.5 %, ROCE is 25.8 %, book value is 80.0, dividend yield is 0.00 %. The latest intrinsic value estimate is ₹166.33, around 55.5% below the current price, so expectations may already be running ahead of this modelled fair value. On operating trend, latest reported sales are about ₹75 Cr versus the prior period change of 261.1%, while latest net profit is about ₹8 Cr with a prior-period change of 219.1%. The 52-week range shown on this page is 429/262, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisModis Navnirman Ltd. is a Public Limited Listed company incorporated on 04/03/2022 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is U…

This summary is generated from the stock page data available for Modis Navnirman Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

Modis Navnirman Ltd scores 72/100 (Strong)

Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison

Stock Health84/100 · Strong

ROCE 25.8% ExcellentROE 20.5% ExcellentD/E 0.18 Low debtInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent

Smart Money45/100 · Moderate

FII holding down -2.01% (6mo) SellingDII holding up 0.62% MF buyingPromoter holding at 63.8% Stable

Earnings Quality30/100 · Weak

OPM contracting (16% → 7%) DecliningWorking capital: 421 days Capital intensive

Quarterly Momentum100/100 · Strong

Revenue (4Q): +183% YoY AcceleratingProfit (4Q): +227% YoY StrongOPM: 19.0% (up 7.9% YoY) Margin expansion

Industry Rank100/100 · Strong

P/E 23.7 vs industry 56.1 Cheaper than peersROCE 25.8% vs industry 15.9% Above peersROE 20.5% vs industry 10.5% Above peers3Y sales CAGR: 103% High growth

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily.

Share Price and Basic Stock Data

Last Updated: August 25, 2026, 10:44 am

Market Cap	734 Cr.
Current Price	374
Intrinsic Value	₹166.33
High / Low	429/262
Stock P/E	23.7
Book Value	80.0
Dividend Yield	0.00 %
ROCE	25.8 %
ROE	20.5 %
Face Value	10.0
PEG Ratio	0.42

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Modis Navnirman Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Modis Navnirman Ltd	734 Cr.	374	429/262	23.7	80.0	0.00 %	25.8 %	20.5 %	10.0
Vascon Engineers Ltd	724 Cr.	31.2	74.6/26.8	25.5	49.6	0.00 %	4.68 %	2.22 %	10.0
Geecee Ventures Ltd	771 Cr.	369	399/216	16.9	399	0.54 %	6.31 %	5.21 %	10.0
Consolidated Construction Consortium Ltd	675 Cr.	15.1	28.9/12.8		6.24	0.00 %	1.85 %	4.32 %	2.00
A B Infrabuild Ltd	827 Cr.	12.9	23.6/8.82	42.4	2.65	0.05 %	16.1 %	13.8 %	1.00
Industry Average	3,397.60 Cr	163.90		56.07	127.05	0.23%	15.90%	10.54%	21.58

All Competitor Stocks of Modis Navnirman Ltd

Quarterly Result

Metric	Sep 2021	Mar 2022	Sep 2022	Mar 2023	Sep 2023	Mar 2024	Sep 2024	Mar 2025
Sales	5.57	3.42	18.84	22.75	24.31	32.53	36.62	49.92
Expenses	7.91	0.24	14.31	20.23	20.98	27.81	31.40	40.43
Operating Profit	-2.34	3.18	4.53	2.52	3.33	4.72	5.22	9.49
OPM %	-42.01%	92.98%	24.04%	11.08%	13.70%	14.51%	14.25%	19.01%
Other Income	0.00	0.02	0.13	0.76	0.56	0.50	0.86	1.17
Interest	0.00	0.01	0.79	-0.55	0.05	-0.01	0.01	0.23
Depreciation	0.00	0.00	0.00	0.00	0.00	0.01	0.00	0.01
Profit before tax	-2.34	3.19	3.87	3.83	3.84	5.22	6.07	10.42
Tax %	0.00%	25.08%	25.06%	24.80%	26.56%	26.05%	25.21%	25.72%
Net Profit	-2.34	2.38	2.89	2.87	2.83	3.86	4.54	7.74
EPS in Rs		2.00	1.71	1.70	1.67	2.02	2.32	3.95

Last Updated: January 6, 2026, 7:05 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: September 18, 2025, 2:12 am

Metric	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Sales	13.22	8.99	42.24	20.76	74.97
Expenses	12.66	7.87	33.72	20.30	66.03
Operating Profit	0.56	1.12	8.52	0.46	8.94
OPM %	4.24%	12.46%	20.17%	2.22%	11.92%
Other Income	0.01	0.02	0.89	2.48	2.32
Interest	0.06	0.01	1.72	0.03	0.24
Depreciation	0.00	0.00	0.00	0.01	0.01
Profit before tax	0.51	1.13	7.69	2.90	11.01
Tax %	25.49%	24.78%	25.10%	11.38%	25.43%
Net Profit	0.38	0.84	5.76	2.57	8.20
EPS in Rs		0.71	3.40	1.35	4.19
Dividend Payout %	0.00%	0.00%	29.38%	0.00%	0.00%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	121.05%	585.71%	-55.38%	219.07%
Change in YoY Net Profit Growth (%)	0.00%	464.66%	-641.10%	274.45%

Modis Navnirman Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 4 years from 2021-2022 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	%
3 Years:	103%
TTM:	261%

Compounded Profit Growth
10 Years:	%
5 Years:	%
3 Years:	114%
TTM:	219%

Stock Price CAGR
10 Years:	%
5 Years:	%
3 Years:	51%
1 Year:	2%

Return on Equity
10 Years:	%
5 Years:	%
3 Years:	11%
Last Year:	10%

Last Updated: September 5, 2025, 3:51 pm

Balance Sheet

Last Updated: August 24, 2026, 5:30 am

Month	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	3	3	17	19	20	20
Reserves	-0	1	15	56	108	137
Borrowings	1	20	7	5	4	6
Other Liabilities	4	8	20	15	150	142
Total Liabilities	7	31	59	96	282	305
Fixed Assets	0	0	0	0	1	1
CWIP	0	0	0	0	0	0
Investments	0	0	1	11	3	1
Other Assets	7	31	59	85	278	303
Total Assets	7	31	59	96	282	305

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity +	-0	-16	-7	-33	-20	-2
Cash from Investing Activity +	0	-0	-0	-10	-3	2
Cash from Financing Activity +	1	17	9	48	4	2
Net Cash Flow	0	1	1	4	-19	2
Free Cash Flow	-0	-16	-7	-33	-20	-2
CFO/OP	-9%	-1,435%	-63%	-7,146%	-59%	8%

Free Cash Flow

Month	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	-0.44	-18.88	1.52	-4.54	4.94

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	8.84	13.40	8.64	13.01	4.53
Inventory Days	43.03	3,256.10	778.03	1,134.45	682.00
Days Payable	106.79	404.54	64.79	87.46	62.39
Cash Conversion Cycle	-54.92	2,864.96	721.89	1,060.00	624.14
Working Capital Days	-62.40	663.41	311.17	782.92	421.14
ROCE %		8.49%	29.84%	4.88%	12.88%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Jun 2023	Sep 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	70.20%	71.03%	71.03%	63.79%	63.79%	63.79%	63.79%	63.79%	63.79%	63.79%	63.79%	63.79%
FIIs	0.00%	0.00%	0.00%	0.00%	4.90%	6.43%	6.94%	10.42%	11.51%	11.17%	8.82%	9.50%
DIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.49%	0.75%	1.16%	1.16%	1.37%
Public	29.79%	28.96%	28.97%	36.20%	31.30%	29.77%	29.26%	25.30%	23.96%	23.87%	26.24%	25.33%
No. of Shareholders	415	602	793	897	826	856	797	1,088	1,005	1,158	1,218	1,380

Shareholding Pattern Chart

No. of Shareholders

Modis Navnirman Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE / ROE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	6.25	3.48	3.41	4.47	1.27
Diluted EPS (Rs.)	6.25	3.48	3.41	4.47	1.27
Cash EPS (Rs.)	6.26	3.49	3.41	4.48	1.27
Book Value[Excl.RevalReserv]/Share (Rs.)	53.90	44.48	19.06	12.84	9.97
Book Value[Incl.RevalReserv]/Share (Rs.)	53.90	44.48	19.06	12.84	9.97
Revenue From Operations / Share (Rs.)	44.17	30.07	25.45	37.88	44.50
PBDIT / Share (Rs.)	8.55	4.74	5.56	6.35	1.93
PBIT / Share (Rs.)	8.54	4.74	5.56	6.34	1.93
PBT / Share (Rs.)	8.42	4.72	4.54	6.29	1.72
Net Profit / Share (Rs.)	6.25	3.48	3.41	4.47	1.27
NP After MI And SOA / Share (Rs.)	6.25	3.48	3.41	4.47	1.27
PBDIT Margin (%)	19.35	15.76	21.86	16.76	4.34
PBIT Margin (%)	19.34	15.75	21.85	16.74	4.33
PBT Margin (%)	19.05	15.68	17.85	16.61	3.86
Net Profit Margin (%)	14.15	11.58	13.38	11.79	2.86
NP After MI And SOA Margin (%)	14.15	11.58	13.38	11.79	2.86
Return on Networth / Equity (%)	11.60	7.82	17.86	34.80	12.77
Return on Capital Employeed (%)	15.36	9.97	23.69	8.30	16.39
Return On Assets (%)	7.69	5.93	9.70	4.28	5.14
Long Term Debt / Equity (X)	0.03	0.06	0.23	4.95	0.18
Total Debt / Equity (X)	0.03	0.06	0.23	4.95	0.18
Asset Turnover Ratio (%)	0.63	0.67	0.95	0.00	0.00
Current Ratio (X)	3.04	4.48	2.96	3.00	0.55
Quick Ratio (X)	0.11	0.58	0.29	0.41	0.34
Inventory Turnover Ratio (X)	0.75	0.00	0.00	0.00	0.00
Dividend Payout Ratio (NP) (%)	0.00	25.28	0.00	0.00	0.00
Dividend Payout Ratio (CP) (%)	0.00	25.25	0.00	0.00	0.00
Earning Retention Ratio (%)	0.00	74.72	0.00	0.00	0.00
Cash Earning Retention Ratio (%)	0.00	74.75	0.00	0.00	0.00
Interest Coverage Ratio (X)	68.84	231.25	5.46	132.84	9.24
Interest Coverage Ratio (Post Tax) (X)	51.36	170.84	4.35	94.45	7.09
Enterprise Value (Cr.)	549.62	477.68	260.45	0.00	0.00
EV / Net Operating Revenue (X)	6.35	8.27	6.05	0.00	0.00
EV / EBITDA (X)	32.82	52.43	27.66	0.00	0.00
MarketCap / Net Operating Revenue (X)	6.33	8.30	5.93	0.00	0.00
Retention Ratios (%)	0.00	74.71	0.00	0.00	0.00
Price / BV (X)	5.19	5.61	7.92	0.00	0.00
Price / Net Operating Revenue (X)	6.33	8.30	5.93	0.00	0.00
EarningsYield	0.02	0.01	0.02	0.00	0.00

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

[display_about_company_data title=”About the Company – Qualitative Analysis”]

FAQ

What is the intrinsic value of Modis Navnirman Ltd and is it undervalued?

As of 05 September 2026, Modis Navnirman Ltd's intrinsic value is ₹166.33, which is 55.53% lower than the current market price of ₹374.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (20.5 %), book value (₹80.0), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Modis Navnirman Ltd?

Modis Navnirman Ltd is trading at ₹374.00 as of 05 September 2026, with a FY2026-2027 high of ₹429 and low of ₹262. The stock is currently in the middle of its 52-week range. Market cap stands at ₹734 Cr..

How does Modis Navnirman Ltd's P/E ratio compare to its industry?

Modis Navnirman Ltd has a P/E ratio of 23.7, which is below the industry average of 56.07. Trading at a steep discount to peers could signal a value opportunity or reflect concerns about the company's fundamentals.

Is Modis Navnirman Ltd financially healthy?

Key indicators for Modis Navnirman Ltd: ROCE of 25.8 % indicates efficient capital utilization; ROE of 20.5 % shows strong shareholder returns. Dividend yield is 0.00 %.

Is Modis Navnirman Ltd profitable and how is the profit trend?

Modis Navnirman Ltd reported a net profit of ₹8 Cr in Mar 2025 on revenue of ₹75 Cr. Compared to ₹1 Cr in Mar 2022, the net profit shows an improving trend.

Does Modis Navnirman Ltd pay dividends?

Modis Navnirman Ltd has a dividend yield of 0.00 % at the current price of ₹374.00. The company is currently not paying meaningful dividends.