Modis Navnirman Ltd - Stock Valuation and Financial Performance

BSE: 543539 | NSE: | Construction - Real Estate | Small Cap

Modis Navnirman Share Price

250 9.45 3.93%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on Modis Navnirman

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Undervalued

3. Price Trend

Modis Navnirman stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
476.3 Cr.
52-wk low:
148.3
52-wk high:
297.5

Is Modis Navnirman Ltd an attractive stock to invest in?

1. Is Modis Navnirman Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Modis Navnirman Ltd is a below average quality company.

2. Is Modis Navnirman Ltd undervalued or overvalued?

The key valuation ratios of Modis Navnirman Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

3. Is Modis Navnirman Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Modis Navnirman Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Modis Navnirman:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Modis Navnirman Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'22Mar'23TTM
ROCE % 2.5%0.6%-
Value Creation
Index
-0.8-1.0-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 0.11.51
Sales YoY Gr.-1,046.2%-
Adj EPS 0.10.10.1
YoY Gr.--37.5%-
BVPS (₹) 2.615.337.4
Adj Net
Profit
0.10.10
Cash Flow from Ops. -3.9-23.5-
Debt/CF from Ops. -0.3-0.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANANA1046.2%
Adj EPS NANANA-37.5%
BVPSNANANA491.9%
Share Price - - - 68.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'22Mar'23TTM
Return on
Equity %
3.20.60.2
Op. Profit
Mgn %
99.9-7.7NAN
Net Profit
Mgn %
73.96.26.4
Debt to
Equity
0.30.2-
Working Cap
Days
04,4450
Cash Conv.
Cycle
01,4290

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to 0.20%

Sales growth has been subdued in last 3 years 0.00%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Modis Navnirman Ltd.

Standalone Consolidated
TTM EPS (₹) 0.1 3
TTM Sales (₹ Cr.) 1.5 43.1
BVPS (₹.) 37.4 40.8
Reserves (₹ Cr.) 52 59
P/BV 6.67 6.12
PE 0.00 82.64
From the Market
52 Week Low / High (₹) 148.25 / 297.50
All Time Low / High (₹) 46.00 / 297.50
Market Cap (₹ Cr.) 476
Equity (₹ Cr.) 19.1
Face Value (₹) 10
Industry PE 76.7

Management X-Ray of Modis Navnirman:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Modis Navnirman

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23
Sales01
Operating Expenses 02
Manufacturing Costs00
Material Costs00
Employee Cost 00
Other Costs 01
Operating Profit 00
Operating Profit Margin (%) 99.9%-7.7%
Other Income 00
Interest 00
Depreciation 00
Exceptional Items 00
Profit Before Tax 00
Tax 00
Profit After Tax 00
PAT Margin (%) 73.9%6.2%
Adjusted EPS (₹)0.10.1
Dividend Payout Ratio (%)0%1,845%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23

Equity and Liabilities

Shareholders Fund 326
Share Capital 317
Reserves 09
Minority Interest00
Debt14
Long Term Debt14
Short Term Debt00
Trade Payables20
Others Liabilities 12
Total Liabilities 732

Fixed Assets

Gross Block00
Accumulated Depreciation00
Net Fixed Assets00
CWIP 00
Investments 00
Inventories017
Trade Receivables00
Cash Equivalents 02
Others Assets612
Total Assets 732

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23
Cash Flow From Operating Activity -4-23
PBT 00
Adjustment 00
Changes in Working Capital -4-24
Tax Paid 00
Cash Flow From Investing Activity 00
Capex 00
Net Investments 00
Others 00
Cash Flow From Financing Activity 426
Net Proceeds from Shares 323
Net Proceeds from Borrowing 13
Interest Paid 00
Dividend Paid 00
Others 00
Net Cash Flow 02
PARTICULARSMar'22Mar'23
Ratios
ROE (%)3.230.63
ROCE (%)3.320.63
Asset Turnover Ratio0.020.08
PAT to CFO Conversion(x)-INF-INF
Working Capital Days
Receivable Days82975
Inventory Days04,267
Payable Days0-2,429

Modis Navnirman Ltd Stock News

Modis Navnirman Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Modis Navnirman on 28-Mar-2024 16:01 is ₹250.0.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 28-Mar-2024 16:01 the market cap of Modis Navnirman stood at ₹476.3.
The latest P/E ratio of Modis Navnirman as of 28-Mar-2024 16:01 is 0.00.
The latest P/B ratio of Modis Navnirman as of 28-Mar-2024 16:01 is 6.67.
The 52-week high of Modis Navnirman is ₹297.5 and the 52-week low is ₹148.2.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Modis Navnirman is ₹1.49 ( Cr.) .

About Modis Navnirman Ltd

Modi’s Navnirman was originally incorporated as a Limited Liability Partnership in the name and style of Modi’s Navnirman LLP on December 31,2015 and was subsequently converted into a Public Limited on March 04, 2022 with a view to corporatize the group’s activities in the real estate sector. Since inception, it has been focused on the mid-market and affordable housing categories as its target segment within the residential housing market. Historically, it has sought to develop its projects either through development agreements (DA) with Co-operative Housing Society (Society) / landowners of the proposed projects. It is transitioning to a real estate development model with a shift towards an asset light business strategy by doing Development Agreements. 

Business area of the company

The company is engaged in the real estate sector. The company’s customer-centric business model focuses on designing and developing its products to address consumer needs across price points. It has capabilities to deliver a project from conceptualization to completion with fast turnaround time from acquisition to launch to completion, which focuses on de-risking and improving its return on investment. It streamline its supply chain and construction processes with an aim to develop high quality products consistently and in a timely and cost efficient manner. It partner with top architects and design team which uses customer insights to conceptualize and design products that are best suited for the current location and target a variety of customer groups. Its construction management and procurement teams focus on realizing efficiencies in procurement, vendor selection and construction. Its in-house sales team is supported by a well skilled execution team which delivers precisely designed products and amenities to its customers.

Major Events, Milestone and Achievements:

  • 2015: Incorporation of the Company as Modi's Navnirman LLP.
  • 2017: Received Commencement Certificate and Began construction for the project Rashmi Sadhna.
  • 2018: Received Commencement Certificate and Began construction for the project Rashmi Sheela.
  • 2019: Received Completion Certificate for the project Rashmi Sadhna 2020.
  • 2019: Received Completion Certificate for the project Rashmi Sheela.
  • 2020: Acquired 100% stake in Shree Modi’s Navnirman Pvt. Ltd. (SMNPL) in September 2020 & thereby making it its subsidiary.
  • 2021: Received Commencement Certificate for the project Rashmi Jewel through wholly owned subsidiary SMNPL.
  • 2021: Received Commencement Certificate for the project Rashmi Enclave through wholly owned subsidiary SMNPL.
  • 2021: Received Commencement Certificate for the project Rashmi Terrace through wholly owned subsidiary SMNPL.
  • 2022: Conversion from Limited Liability Partnership firm to Public Limited Company.
  • 2022: Received Commencement Certificate Project Rashmi Kavita through wholly owned subsidiary SMNPL.
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