EN DE

Modis Navnirman Ltd (MODIS) Fair Value & Analysis

Real Estate · IN · Market cap ₹7.6B (≈ $80.5M) · ISIN INE0L0L01012

What is Modis Navnirman Ltd really worth?

MN Modis Navnirman Ltd MODIS · BSE
Price₹380.95
Fair Value₹241.58
Upside−36.6%
Quality46/100

Below-average quality, and trading another 58% above our fair value of ₹241.58.

As of Aug 25, 2026, the fair value of Modis Navnirman Ltd is ₹241.58 per share against a price of ₹380.95, so the fair value sits 37% below the price. A model estimate blended from multiple valuation models, recalculated regularly.

Watch Modis Navnirman Ltd for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card. Watch for free

Strengths

Solidly profitable · 15.3% net margin
Wide moat 65/100

Risks

!Expensive Growth (revenue 5y +72.3 %/yr)
!Low debt · negative free cash flow
!Mixed vs. peers (6/13)
!Weak on dividend: 5 out of 100
Evidence: High Range ₹112.30 – ₹399.76

Fair value as of: Aug 25, 2026

From 9 valuation models · updated 12 days ago

Share price −7.4% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The model range is unusually wide (₹112.30 to ₹399.76). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • Solid but not exceptional quality (46/100) and above fair value, neither a clear bargain nor a standout compounder.
  • As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.

Price vs Fair Value (4 years)

₹417.25 ₹46.97 Fair Value ₹241.58 Jul 2022 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 25, 2026.

How to read this chart

50‑month range ₹46.97 – ₹417.25 · fair‑value band ₹112.30 – ₹399.76 · the ₹380.95 price screens above the ₹241.58 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 25, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Modis Navnirman Ltd (MODIS) currently trades at ₹380.95, while our model-based Fair Value estimate is ₹241.58, implying the stock looks roughly 57.7% overvalued today. The Quality Score stands at 46/100 (below-average quality), in the Real Estate sector. Bull case: the Multiples group reads highest at a median of ₹253.19 per share, and 1 of the 9 models we run sit above the ₹380.95 price. Bear case: the Asset-Based group reads lowest at ₹53.58, and 8 of the 9 models stay below the price. Evidence for this calculation is high.

Over the trailing twelve months, Modis Navnirman Ltd generated revenue of ₹1.9B at a net margin of 15.4%. Revenue grew 158.2% year over year. It earns a return on equity of 22.3%. Net debt stands at ₹41.5M. Fundamentals as of Aug 25, 2026

Our scenario range runs from ₹112.30 (bear case) to ₹399.76 (bull case); at ₹380.95, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 8% below its 52-week high and 45% above its 52-week low, currently above its 200-day average. For context, the median of 10 Real Estate peers we cover trades at −9% fair-value upside, at −37%, MODIS screens richer than that median.

Fair Value models

This estimate rests on fiscal year 2026 figures, and about 5 months have passed since. In that time the company retained roughly ₹6.87 per share, which is 2.8 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
EV/EBITDA ₹227.41 ₹303.53 ₹379.65 67
EV/EBIT ₹291.19 ₹388.57 ₹485.95 66
DDM Multi-Stage ₹7.59 ₹13.06 ₹15.96 65
All 9 models by family
Dividend Discount
Gordon GGM ₹7.59 ₹15.12 ₹22.89 64
DDM Multi-Stage ₹7.59 ₹13.06 ₹15.96 65
Multiples
P/S Multiple ₹189.89 ₹253.19 ₹316.49 58
P/B Multiple ₹119.95 ₹159.93 ₹199.91 55
EV/EBIT ₹291.19 ₹388.57 ₹485.95 66
EV/EBITDA ₹227.41 ₹303.53 ₹379.65 67
EV/Revenue ₹160.16 ₹229.22 ₹298.27 53
Asset-Based
NCAV (Graham) ₹39.98 ₹53.58 ₹79.96 54
Economic Profit
Residual Income ₹96.86 ₹136.40 ₹652.23 61

Widest divergence: Multiples (₹253.19) versus Dividend Discount (₹13.06). Highest evidence: EV/EBITDA (67).

Notify me when MODIS reaches fair value

Put MODIS on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.

Set up alert →

Free, no payment details. Unsubscribe anytime in one click.

Key figures & financial health

P/E ratio 25.6
P/S ratio 3.95 P/E × margin
EPS (TTM) ₹14.88 price ÷ EPS = P/E 25.6
Dividend yield 0.3% payout 6.5%
Net margin 15.4% FY2026
Return on equity 22.3% TTM
More key figures
Profitability
Return on assets (EBIT) 10.8% avg 5y
Operating margin 14.5% TTM
Growth
Revenue (TTM) ₹1.9B TTM
Revenue growth (YoY) +158% 3y avg +69.7%
EPS growth (YoY) +192%
Balance sheet & cash flow
Free cash flow −₹23.6M FY2026
Net debt ₹41.5M FY2026

Figures from reported company fundamentals · as of Aug 25, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 46/100

Of which business quality 43 · Market factors (momentum, volatility) 69

Profitability 53
Margins and returns on capital today
Quality Growth 34
Are margins and returns improving?
Cashflow 12
Earnings quality: real cash, not paper profit
Fin. Strength 69
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 65
Calm price path (market factor)
Momentum 70
Price trend over the last 3–12 months (market factor)
52W Momentum 73
Distance to the 52-week high (market factor)
Net Issuance 55
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Modis Navnirman Ltd reported revenue of ₹1.9B in FY2026 versus ₹85.1M in FY2022, a compound +117.2%/yr. Reported net income was ₹292M in FY2026, compounding +142.8%/yr from FY2022. FY2022 was a trough year, so the rate overstates the trend.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2026)
₹1.9B
Latest YoY
+84.0%
Avg. revenue growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+69.7%
Avg. revenue growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+72.3%
Value creation/yr (3Y, in INR) Earnings growth per share (CAGR 3 years) plus dividend yield: value created per share and year. Measured in INR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
≈ +63.8% (approximate, leans on 2026) · in INR
Earnings growth per share plus dividend yield: the value created per share and year.
Earnings growth per share+63.5%
Dividend yield0.3%
Operating margin (EBIT) Operating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.4.6% (2021) → 18.3% (2026) · rising
⚠ Rate leans on 2026: that final year sits 336% above its own trend (e.g. a one-off disposal gain) and could not be adjusted
Revenue +117.2%/yr
FY22 ₹85.1M
FY23 ₹387M
FY24 ₹578M
FY25 ₹1.0B
FY26 ₹1.9B
Net income +142.8%/yr
FY22 ₹8.4M
FY23 ₹57.6M
FY24 ₹66.9M
FY25 ₹231M
FY26 ₹292M

MODIS screens 58% overvalued. Compare with CPI FIM SA →

Share or link this analysis
𝕏 Post WhatsApp LinkedIn Reddit
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "Modis Navnirman Ltd Fair Value". https://www.fairvalue-calculator.com/stock/MODIS

Peer Group

Real Estate Development · 29 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 44 · Bottom 25%
Fair Value upside −37% · Bottom 25%
Return on equity (TTM) 21% · Top 25%
Return on assets 8% · Top 25%
Net margin (TTM) 15% · Top 25%
Operating margin (TTM) 20% · Above median
Revenue growth 28% · Top 25%
Dividend yield (TTM) 0.3% · Below median
Debt / equity 0.02× · Lower than median

Valuation Multiples vs Real Estate Development median · lower = cheaper

P/E (TTM) 25.6× · Pricier than median
P/B 4.85× · Pricier than median
P/S (TTM) 3.76× · Pricier than median
EV/EBITDA 19.5× · Pricier than 75% of peers

Strength profile in five axes (Snowflake)

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 35
FUTURE100 · sector 0
PAST82 · sector 8
HEALTH99 · sector 95
DIVIDEND5 · sector 9

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Real Estate Development stocks, each showing price versus our Fair Value estimate (as of Aug 25, 2026).

Stock Price Fair Value vs Fair Value
CPI FIM SA OPG 3.50 PLN 3.15 PLN −10%
NIRLON NIRLON ₹640.30 ₹625.72 −2%
Sunteck Realty Limited 512179 ₹299.45 ₹153.98 −49%
BRRL BRRL ₹940.00 ₹650.57 −31%
ARIHANT ARIHANT ₹1,016 ₹922.89 −9%
BRNP BRNP 98.00 PHP 178.37 PHP +82%
Marathon Nextgen Realty Limited 503101 ₹365.10 ₹38.14 −90%
NAVKAR NAVKAR ₹0.9600 ₹1.91 +99%
SAMOR SAMOR ₹91.30 ₹18.44 −80%
HBESD HBESD ₹77.26 ₹86.66 +12%

Compare Modis Navnirman Ltd with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Real Estate stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names ⭐ Top Rated 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Stock screener Filter by region, size and sector Compare tool Two stocks side by side Extrinsic Value Calculator (Options) Splits an option premium into intrinsic and extrinsic (time) value. Peter Lynch Fair Value Formula & Calculator Apply Peter Lynch's fair value formula in seconds: fair P/E ≈ earnings growth (+ dividend) - free, with formula and example.

Frequently asked questions

Is Modis Navnirman Ltd (MODIS) overvalued or undervalued?
As of Aug 25, 2026, our model estimates a fair value of ₹241.58 versus a price of ₹380.95, about −37% upside (overvalued).
What is the fair value of MODIS?
Our model-based fair value for Modis Navnirman Ltd is ₹241.58 (as of Aug 25, 2026), built from audited fundamentals. The current price: ₹380.95.
What is the quality score of MODIS?
Modis Navnirman Ltd has a Quality Score of 46/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Modis Navnirman Ltd (MODIS)?
Our model-based price target is the fair value of ₹241.58 (as of Aug 25, 2026) from 9 valuation models. Cautious scenario ₹112.30, optimistic scenario ₹399.76. It is a calculation from audited fundamentals, not an analyst target.
What is the Modis Navnirman Ltd stock forecast for 2026?
Our models put fair value at ₹241.58, about −37% upside versus a price of ₹380.95 (overvalued). Cautious scenario ₹112.30, optimistic scenario ₹399.76. The calculation is refreshed regularly with new filings.
What is the revenue of Modis Navnirman Ltd (MODIS)?
Modis Navnirman Ltd reported trailing-twelve-month revenue of about ₹1.9B (latest available figure, as of Aug 25, 2026).
What is the net profit margin of MODIS?
The net profit margin of Modis Navnirman Ltd is about 15.4%, meaning it keeps roughly 15.4% of revenue as net income. Based on the latest reported figures.
Does Modis Navnirman Ltd pay a dividend?
Modis Navnirman Ltd currently shows a dividend yield of about 0.25% relative to its recent price (as of Aug 25, 2026).
Free · no account needed

Watch Modis Navnirman Ltd in the live analysis

One click puts Modis Navnirman Ltd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.