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 403.00 as of 05 May 2026, with a FY2026-2027 high of 415 and low of 225. The stock is currently near its 52-week high. Market cap stands at 790 Cr..

Q: Is Modis Navnirman Ltd financially healthy?

Key indicators: ROCE of 12.9 % is moderate. 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

₹361.39Overvalued by 10.33%vs CMP ₹403.00

P/E (96.4) × ROE (9.9%) × BV (₹46.50) × DY (2.00%)

₹172.34Overvalued by 57.24%vs CMP ₹403.00

MoS: -133.8% (Negative)Confidence: 63/100 (Moderate)Models: 1 Under, 8 Over

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹563.27	23%	Under (+39.8%)
Graham Number	Earnings	₹66.21	17%	Over (-83.6%)
Earnings Power	Earnings	₹22.25	11%	Over (-94.5%)
DCF	Cash Flow	₹100.92	11%	Over (-75%)
Net Asset Value	Assets	₹46.43	7%	Over (-88.5%)
EV/EBITDA	Enterprise	₹43.95	9%	Over (-89.1%)
Earnings Yield	Earnings	₹41.90	7%	Over (-89.6%)
ROCE Capital	Returns	₹65.75	9%	Over (-83.7%)
Revenue Multiple	Revenue	₹38.24	6%	Over (-90.5%)
Consensus (9 models)		₹172.34	100%	Overvalued

Key Drivers: EPS CAGR 55.9% lifts DCF — verify sustainability. | Wide model spread (₹22–₹563) — 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 ₹403.00, market cap is 790 Cr.. At a glance, stock P/E is 96.4, ROE is 9.88 %, ROCE is 12.9 %, book value is 46.5, dividend yield is 0.00 %. The latest intrinsic value estimate is ₹172.34, around 57.2% 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 415/225, 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 62/100 (Average)

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

Stock Health68/100 · Strong

ROCE 12.9% GoodROE 9.9% AverageD/E 0.18 Low debtInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent

Smart Money85/100 · Strong

FII holding up 4.23% (6mo) AccumulatingDII holding up 1.16% 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 Rank40/100 · Moderate

P/E 96.4 vs industry 42.4 Premium to peersROCE 12.9% vs industry 16.4% AverageROE 9.9% vs industry 21.0% Below 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. Not investment advice.

Share Price and Basic Stock Data

Last Updated: May 5, 2026, 3:31 am

Market Cap	790 Cr.
Current Price	403
Intrinsic Value	₹172.34
High / Low	415/225
Stock P/E	96.4
Book Value	46.5
Dividend Yield	0.00 %
ROCE	12.9 %
ROE	9.88 %
Face Value	10.0
PEG Ratio	1.73

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	790 Cr.	403	415/225	96.4	46.5	0.00 %	12.9 %	9.88 %	10.0
Likhitha Infrastructure Ltd	818 Cr.	206	324/131	15.6	101	0.00 %	27.6 %	20.3 %	5.00
Hazoor Multi Projects Ltd	735 Cr.	27.2	48.5/22.4	27.1	17.8	1.47 %	14.1 %	11.4 %	1.00
Consolidated Construction Consortium Ltd	716 Cr.	16.0	28.9/12.7		6.24	0.00 %	1.85 %	4.32 %	2.00
Vascon Engineers Ltd	884 Cr.	38.2	74.6/26.8	11.5	49.3	0.00 %	7.76 %	6.59 %	10.0
Industry Average	3,871.10 Cr	174.57		42.35	125.44	0.17%	16.39%	20.98%	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: September 10, 2025, 3:58 pm

Month	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	2.97	2.97	16.92	19.09	19.59
Reserves	-0.01	0.84	15.34	55.86	71.43
Borrowings	0.54	19.54	7.47	5.34	3.34
Other Liabilities	3.85	7.78	19.69	15.21	44.73
Total Liabilities	7.35	31.13	59.42	95.50	139.09
Fixed Assets	0.00	0.00	0.00	0.01	0.02
CWIP	0.00	0.00	0.00	0.00	0.00
Investments	0.00	0.11	0.65	10.62	4.56
Other Assets	7.35	31.02	58.77	84.87	134.51
Total Assets	7.35	31.13	59.42	95.50	139.09

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	-0.18	-16.07	-7.26	-33.20	-18.46
Cash from Investing Activity +	0.00	-0.09	-0.41	-10.46	8.15
Cash from Financing Activity +	0.56	16.91	8.89	47.82	5.64
Net Cash Flow	0.38	0.75	1.22	4.16	-4.66
Free Cash Flow	-0.18	-16.07	-7.26	-33.22	-18.48
CFO/OP	-9%	-1,435%	-63%	-7,146%	-174%

Free Cash Flow

Month	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	0.02	-18.42	1.05	-4.88	5.60

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	Nov 2022	Mar 2023	Jun 2023	Sep 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Promoters	70.20%	70.20%	70.20%	71.03%	71.03%	63.79%	63.79%	63.79%	63.79%	63.79%	63.79%	63.79%
FIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	4.90%	6.43%	6.94%	10.42%	11.51%	11.17%
DIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.49%	0.75%	1.16%
Public	29.80%	29.79%	29.79%	28.96%	28.97%	36.20%	31.30%	29.77%	29.26%	25.30%	23.96%	23.87%
No. of Shareholders	370	395	415	602	793	897	826	856	797	1,088	1,005	1,158

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

About the Company - Qualitative Analysis

Modis 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 U45203MH2022PLC377939 and registration number is 377939. Currently company belongs to the Industry of Construction, Contracting & Engineering. Company's Total Operating Revenue is Rs. 75.03 Cr. and Equity Capital is Rs. 19.59 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Construction, Contracting & Engineering	Shop No. 1, Rashmi Heights, Mumbai Maharashtra 400067	Contact not found

Management
Name	Position Held
Mr. Dineshkumar Modi	Chairman & Managing Director
Mr. Mahek Modi	WholeTime Director & CFO
Mrs. Rashmi Modi	Whole Time Director
Mrs. Payal Sheth	Non Executive Director
Mr. Hiren Rupani	Independent Director
Mr. Vinit Mehta	Independent Director
Mr. Anil Kapasi	Independent Director
Mr. Chintan Shah	Independent Director

FAQ

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

As of 05 May 2026, Modis Navnirman Ltd's intrinsic value is ₹172.34, which is 57.24% lower than the current market price of ₹403.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (9.88 %), book value (₹46.5), 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 ₹403.00 as of 05 May 2026, with a FY2026-2027 high of ₹415 and low of ₹225. The stock is currently near its 52-week high. Market cap stands at ₹790 Cr..

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

Modis Navnirman Ltd has a P/E ratio of 96.4, which is above the industry average of 42.35. This significantly elevated P/E suggests the market expects strong future growth, or the stock may be overpriced relative to current earnings.

Is Modis Navnirman Ltd financially healthy?

Key indicators for Modis Navnirman Ltd: ROCE of 12.9 % is moderate. 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 ₹403.00. The company is currently not paying meaningful dividends.