ScoutQuest24 Oct 2026
Modis Navnirman543539Periodic business update

Modis Navnirman H1 FY27 revenue up 53.06% to ₹127.64 crore, PAT up 59%; new redevelopment win lifts upcoming pipeline to 5 projects

Modis Navnirman won a new redevelopment project, lifting its upcoming pipeline to 5 projects of 10.50 lakh sq. ft.

By ScoutQuest · · 1 min read

78,560 sq. ft.
Q2 FY2734,560 sq. ft.H1 FY2778,560 sq. ft.
Sales volume: 34,560 sq. ft. (Q2 FY27) and 78,560 sq. ft. (H1 FY27).
H1 FY27 Revenue Growth
+53.06% YoY
Upcoming Project Pipeline
5 projects covering 10.50 lakh sq. ft. (22.61 lakh sq. ft. under development or in pipeline)
Area Sold H1 FY27
78,560 sq. ft. in H1 FY27, with Q2 contributing 34,560 sq. ft.
Release
Results press release
Period
Q2 FY27

_Consolidated · Q2 & H1 FY27_

📊 Revenue from operations, H1 FY27: +53.06% YoY

📌 The company secured a new redevelopment project in the quarter, taking its upcoming pipeline to 5 projects covering 10.50 lakh sq. ft.; with 6 ongoing projects it now has 22.61 lakh sq. ft. under development or in the pipeline, more than three times the 7.22 lakh sq. ft. already delivered, the company says.

📌 Modis Navnirman sold 78,560 sq. ft. in H1 FY27, with Q2 contributing 34,560 sq. ft., almost double the same quarter last year, the company says.

📈 Q2 FY27 revenue grew 19.08% over Q1 and PAT rose 23.41%, with every key profit line improving sequentially, the company says.

More numbers
  • Revenue from operations, H1 FY27₹ 127.64 Cr
  • EBITDA, H1 FY27₹ 26.19 Cr
  • EBITDA margin, H1 FY2720.52%
  • Sales volume, H1 FY2778,560 sq. ft.
  • Sales volume, Q2 FY2734,560 sq. ft.
  • Upcoming pipeline area10.50 lakh sq. ft.
  • Development in progress or in pipeline22.61 lakh sq. ft.
  • Area already delivered7.22 lakh sq. ft.
Source: BSE · 24 Oct 2026

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