About Modi's Navnirman Limited
Data last updated: 06 February 2026
Modi's Navnirman Limited is a public limited company based in Kandivali West, Maharashtra, India. It specialises in real estate development and construction, a part of the broader real estate and construction sector. Incorporated on 04 March 2022.
Registered with ROC Mumbai under CIN U45203MH2022PLC377939. Listed on BSE: 543539.
Capital: an authorised share capital of ₹20.05 Cr and a paid-up capital of ₹19.59 Cr. It is led by directors including Vinit Laxmikant Mehta and Payal Samir Sheth.
Last AGM: 19 September 2025. Financial statements filed for year ended 31 March 2024. Office: Kandivali West, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹57.9 Cr, a growth of 32% compared to the previous year.
The company has a workforce of approximately 14 employees as per the latest available data. Its group structure includes 1 subsidiary.
The company is associated with 1 brand - Modis Nirman.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website modisnirman.com.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media**************
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Registered AddressShop No.1 Rashmi Heights, M.G.Road, Kandivali West, Maharashtra, India – 400067
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IndustryReal Estate and Construction, Real Estate Builders & Developers
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Modi's Navnirman Limited
Modi's Navnirman Limited has one previous CIN (Corporate Identification Number): U45203MH2022PLC377939. The current CIN is L45203MH2022PLC377939, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L45203MH2022PLC377939 | Current |
| U45203MH2022PLC377939 | Previous |
Associated Brands with Modi's Navnirman Limited
Modi's Navnirman Limited operates one associated brand: Modis Nirman. These brands represent Modi's Navnirman Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Residential real estate development services are provided in India. | modisnirman.com |
Competitors & Alternatives of Modi's Navnirman Limited
Brands and companies operating in the same space as Modi's Navnirman Limited include Arkade, Puravankara, Shriram Properties and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
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Residential properties are developed by Arkade in Mumbai, India. | Mumbai, India, India | 1984 |
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Residential and commercial properties are developed across various segments. | Bengaluru, India, India | 1975 |
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Residential properties are developed in mid-market and affordable segments. | Bengaluru, India, India | 1995 |
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Provider of real estate and infrastructure developer services | Pune, India, India | 1993 |
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Residential buildings are developed by Panchshil in Pune, India. | Pune, India, India | 2002 |
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Residential properties are developed for aspirational home ownership. | Bengaluru, India, India | 2008 |
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Residential real estate properties are developed by Alliance Infrastructure. | Chennai, India, India | 2004 |
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Developer of residential real estate projects | Bengaluru, India, India | 2009 |
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Diversified operations across multiple industries are managed by Jaypee Group. | Noida, India, India | 1958 |
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Leading real estate developer in India, offering lifestyle homes for sale. | Mumbai, India, India | 1984 |
Business Activity of Modi's Navnirman Limited
Modi's Navnirman Limited is engaged in the principal business activity of construction, with detailed activities including buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | ********* |
Board of Directors of Modi's Navnirman Limited
Modi's Navnirman Limited is currently managed by 10 directors, with 7 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Vinit Laxmikant Mehta
Also directs:
Arvex Elite Llp
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Director | 20 Apr 2022 | 4 Years 2 Months | Current |
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Payal Samir Sheth
Also directs:
Modi's Navnirman Foundation, Shanaya Steels Private Limited
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Director | 14 Mar 2022 | 4 Years 3 Months | Current |
| Chintan Sureshbhai Shah | Director | 10 Jul 2025 | 0 Years 11 Months | Current |
| Mahek Dinesh Modi | Whole-Time Director | 04 Mar 2022 | 4 Years 4 Months | Current |
|
Dineshkumar Chunilal Modi
Also directs:
Shubham Modi's Nirman Llp, Modi's Navnirman Foundation
|
Managing Director | 04 Mar 2022 | 4 Years 4 Months | Current |
|
Anil Suresh Kapasi
Also directs:
Team Arihant Carmel Academy Llp, Arihant Academy Limited
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Director | 10 Jul 2025 | 0 Years 11 Months | Current |
Financials of Modi's Navnirman Limited FY 2026 filings available
Modi's Navnirman Limited reported revenue of ₹189.31 Cr (up ) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 |
|---|---|
| Revenue from Operations | ₹189.31 Cr |
| Other Income | ₹3.37 Cr |
| Total Income | ₹192.68 Cr |
| Cost of Materials Consumed | ₹189.98 Cr |
| Purchases of Stock-in-Trade | ₹0 |
| Changes in Inventories | -₹42.9 Cr |
| Employee Benefit Expense | ₹3.72 Cr |
| Finance Costs | ₹1.65 Cr |
| Depreciation & Amortisation | ₹40.24 Lakh |
| Other Expenses | ₹3.43 Cr |
| Total Expenses | ₹156.28 Cr |
| Profit Before Exceptional Items & Tax | ₹36.4 Cr |
| Exceptional Items | ₹0 |
| Profit Before Tax | ₹36.4 Cr |
| Total Tax Expense | ₹7.22 Cr |
| Net Profit | ₹29.18 Cr |
| Other Comprehensive Income | -₹4.21 Lakh |
| Total Comprehensive Income | ₹29.14 Cr |
| EBITDA (computed) | ₹38.46 Cr |
| Basic EPS | ₹14.89 |
| Diluted EPS | ₹14.89 |
| Metrics | FY 2026 |
|---|---|
| Total Assets | ₹304.94 Cr |
| Non-current Assets | ₹4.27 Cr |
| Current Assets | ₹300.66 Cr |
| Property, Plant & Equipment | ₹2.65 Lakh |
| Inventories | ₹146.42 Cr |
| Trade Receivables | ₹8.8 Cr |
| Cash & Equivalents | ₹1.47 Cr |
| Equity (Net Worth) | ₹156.66 Cr |
| Equity Share Capital | ₹19.59 Cr |
| Borrowings (Non-current) | ₹0 |
| Borrowings (Current) | ₹5.62 Cr |
| Total Debt (computed) | ₹5.62 Cr |
| Current Liabilities | ₹143.61 Cr |
| Total Liabilities | ₹148.28 Cr |
| Metrics | FY 2026 |
|---|---|
| Operating Cash Flow | -₹3.55 Cr |
| Investing Cash Flow | ₹2.3 Cr |
| Financing Cash Flow | ₹2.86 Cr |
| Capital Expenditure | -₹2.71 Lakh |
| Free Cash Flow (computed) | -₹3.58 Cr |
| Dividends Paid | ₹0 |
| Net Change in Cash | ₹1.61 Cr |
| Metrics | Q4 FY26 |
|---|---|
| Revenue from Operations | ₹51.49 Cr |
| Other Income | ₹2.79 Cr |
| Total Income | ₹54.28 Cr |
| Cost of Materials Consumed | ₹46.59 Cr |
| Purchases of Stock-in-Trade | ₹0 |
| Changes in Inventories | -₹1.16 Cr |
| Employee Benefit Expense | ₹1.03 Cr |
| Finance Costs | ₹1.57 Cr |
| Depreciation & Amortisation | ₹9.4 Lakh |
| Other Expenses | ₹26.22 Lakh |
| Total Expenses | ₹48.39 Cr |
| Profit Before Exceptional Items & Tax | ₹5.9 Cr |
| Exceptional Items | ₹0 |
| Profit Before Tax | ₹5.9 Cr |
| Total Tax Expense | ₹1.49 Cr |
| Net Profit | ₹4.41 Cr |
| Other Comprehensive Income | ₹4.31 Lakh |
| Total Comprehensive Income | ₹4.45 Cr |
| EBITDA (computed) | ₹7.56 Cr |
| Basic EPS | ₹2.25 |
| Diluted EPS | ₹2.25 |
| Metrics | FY 2026 |
|---|---|
| Revenue from Operations | ₹189.31 Cr |
| Other Income | ₹3.37 Cr |
| Total Income | ₹192.68 Cr |
| Cost of Materials Consumed | ₹189.98 Cr |
| Purchases of Stock-in-Trade | ₹0 |
| Changes in Inventories | -₹42.9 Cr |
| Employee Benefit Expense | ₹3.72 Cr |
| Finance Costs | ₹1.65 Cr |
| Depreciation & Amortisation | ₹40.24 Lakh |
| Other Expenses | ₹3.39 Cr |
| Total Expenses | ₹156.24 Cr |
| Profit Before Exceptional Items & Tax | ₹36.44 Cr |
| Exceptional Items | ₹0 |
| Profit Before Tax | ₹36.44 Cr |
| Total Tax Expense | ₹7.22 Cr |
| Net Profit | ₹29.22 Cr |
| Other Comprehensive Income | -₹4.21 Lakh |
| Total Comprehensive Income | ₹29.18 Cr |
| EBITDA (computed) | ₹38.5 Cr |
| Basic EPS | ₹14.91 |
| Diluted EPS | ₹14.91 |
| Metrics | FY 2026 |
|---|---|
| Total Assets | ₹304.97 Cr |
| Non-current Assets | ₹4.37 Cr |
| Current Assets | ₹300.6 Cr |
| Property, Plant & Equipment | ₹2.65 Lakh |
| Inventories | ₹146.42 Cr |
| Trade Receivables | ₹8.8 Cr |
| Cash & Equivalents | ₹1.41 Cr |
| Equity (Net Worth) | ₹156.7 Cr |
| Equity Share Capital | ₹19.59 Cr |
| Borrowings (Non-current) | ₹0 |
| Borrowings (Current) | ₹5.62 Cr |
| Total Debt (computed) | ₹5.62 Cr |
| Current Liabilities | ₹143.61 Cr |
| Total Liabilities | ₹148.27 Cr |
| Metrics | FY 2026 |
|---|---|
| Operating Cash Flow | -₹3.31 Cr |
| Investing Cash Flow | ₹2 Cr |
| Financing Cash Flow | ₹2.86 Cr |
| Capital Expenditure | -₹2.71 Lakh |
| Free Cash Flow (computed) | -₹3.34 Cr |
| Dividends Paid | ₹0 |
| Net Change in Cash | ₹1.55 Cr |
| Metrics | Q4 FY26 | Q3 FY26 |
|---|---|---|
| Revenue from Operations | ₹51.49 Cr | ₹54.43 Cr |
| Other Income | ₹2.79 Cr | ₹15.58 Lakh |
| Total Income | ₹54.28 Cr | ₹54.59 Cr |
| Cost of Materials Consumed | ₹46.59 Cr | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹76.44 Cr |
| Changes in Inventories | -₹1.16 Cr | -₹39.26 Cr |
| Employee Benefit Expense | ₹1.03 Cr | ₹1.25 Cr |
| Finance Costs | ₹1.57 Cr | ₹7.84 Lakh |
| Depreciation & Amortisation | ₹9.4 Lakh | ₹30.01 Lakh |
| Other Expenses | ₹22.14 Lakh | ₹1.35 Cr |
| Total Expenses | ₹48.35 Cr | ₹40.15 Cr |
| Profit Before Exceptional Items & Tax | ₹5.94 Cr | ₹14.44 Cr |
| Exceptional Items | ₹0 | ₹0 |
| Profit Before Tax | ₹5.94 Cr | ₹14.44 Cr |
| Total Tax Expense | ₹1.49 Cr | ₹1.67 Cr |
| Net Profit | ₹4.45 Cr | ₹12.77 Cr |
| Other Comprehensive Income | ₹4.31 Lakh | -₹8.51 Lakh |
| Total Comprehensive Income | ₹4.49 Cr | ₹12.68 Cr |
| EBITDA (computed) | ₹7.6 Cr | ₹14.82 Cr |
| Basic EPS | ₹2.25 | ₹6.47 |
| Diluted EPS | ₹2.25 | ₹6.47 |
Shareholding Pattern of Modi's Navnirman Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 63.79%, foreign institutional investors hold 8.82%, domestic institutional investors hold 1.16%, retail and other public shareholders hold 26.23% of Modi's Navnirman Limited. The company had 1,218 shareholders on record.
| Mar 2026 | Dec 2025 | Nov 2025 | |
|---|---|---|---|
| Promoters | 63.79% | 63.79% | 63.79% |
| Public | 36.21% | 36.21% | 36.21% |
Board & Governance of Modi's Navnirman Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Modi's Navnirman Limited has 8 directors - 4 independent and 3 executive. The board is chaired by DINESH CHUNILAL MODI.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| DINESH CHUNILAL MODI | Executive Director · MD · Chairperson | 2022-03-04 | 1 |
| RASHMI DINESHKUMAR MODI | Executive Director | 2022-03-04 | 1 |
| MAHEK DINESH MODI | Executive Director | 2022-03-04 | 1 |
| VINIT LAXMIKANT MEHTA | Non-Executive - Independent Director | 2022-04-20 | 1 |
| HIREN RAMNIKLAL RUPANI | Non-Executive - Independent Director | 2022-04-04 | 1 |
| PAYAL SAMIR SHETH | Non-Executive - Non Independent Director | 2022-03-14 | 1 |
| CHINTAN SURESH SHAH | Non-Executive - Independent Director | 2025-07-10 | 2 |
| ANIL SURESH KAPASI | Non-Executive - Independent Director | 2025-07-10 | 2 |
| Committee | Members |
|---|---|
| Audit Committee | VINIT LAXMIKANT MEHTA (Chairperson), DINESH CHUNILAL MODI, HIREN RAMNIKLAL RUPANI |
| Nomination and remuneration committee | VINIT LAXMIKANT MEHTA (Chairperson), PAYAL SAMIR SHETH, HIREN RAMNIKLAL RUPANI |
| Stakeholders Relationship Committee | PAYAL SAMIR SHETH (Chairperson), MAHEK DINESH MODI, HIREN RAMNIKLAL RUPANI |
| Corporate Social Responsibility Committee | DINESH CHUNILAL MODI (Chairperson), MAHEK DINESH MODI, HIREN RAMNIKLAL RUPANI |
| Independent Directors | VINIT LAXMIKANT MEHTA (Chairperson), HIREN RAMNIKLAL RUPANI, CHINTAN SURESH SHAH, ANIL SURESH KAPASI |
Group Structure of Modi's Navnirman Limited
Modi's Navnirman Limited has 1 subsidiary company. This group structure data is as of FY 2023. The corporate group structure reflects Modi's Navnirman Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Shree Modis Navnirman Private Limited | U99999MH1994PTC076534 | - |
Showing major subsidiaries. Total: 1.
Charges & Borrowings Modi's Navnirman Limited
Modi's Navnirman Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Modi's Navnirman Limited
View historical data on people associated with Modi's Navnirman Limited, including employment history and EPFO contributions.
Employee Count & EPFO Data of Modi's Navnirman Limited
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GST Compliance of Modi's Navnirman Limited
GSTIN & GST Filing Data of Modi's Navnirman Limited
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Credit Ratings, Litigation & Regulatory Alerts for Modi's Navnirman Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Modi's Navnirman Limited
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MSME Payment Delays by Modi's Navnirman Limited
MSME Payment Delays by Modi's Navnirman Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Modi's Navnirman Limited
Subsidiaries & Group Companies of Modi's Navnirman Limited
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MCA Filings & Documents of Modi's Navnirman Limited
MCA Filings & Documents of Modi's Navnirman Limited
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Recent Activity on Modi's Navnirman Limited
Frequently Asked Questions about Modi's Navnirman Limited
Modi's Navnirman Limited is an active public limited company in the real estate and construction sector based in Kandivali West, Maharashtra, India. It was incorporated on 04 March 2022 (4+ years old) and is registered under CIN L45203MH2022PLC377939. Listed on BSE: 543539. The company has 14 employees.
Modi's Navnirman Limited reported revenue of ₹57.9 Cr for FY 2024 (up 32.00% YoY).
The current directors of Modi's Navnirman Limited are:
The primary industry of Modi's Navnirman Limited is real estate and construction. The company specifically operates in real estate builders and developers. The company is currently active in this sector.
Yes. Modi's Navnirman Limited is listed on BSE with code 543539.
Modi's Navnirman Limited can be reached at the registered office: Shop No.1 Rashmi Heights, M.G.Road, Kandivali West, Maharashtra, India – 400067, or through the website modisnirman.com.