MODIS NAVNIRMAN LIMITED — Quarter and year ended 31 March 2026
The following tables are extracted from the provided quarterly results document (₹ in lakhs).
| Particulars | Quarter ended 31-Mar-26 Audited | Quarter ended 31-Dec-25 Unaudited | Quarter ended 31-Mar-25 Restated | Year ended 31-Mar-26 Audited | Year ended 31-Mar-25 Restated |
|---|---|---|---|---|---|
| Income | |||||
| 1. Revenue from operations | 5,149.01 | 5,443.45 | 1,993.92 | 18,931.35 | 10,290.62 |
| 2. Other income | 279.18 | 15.58 | 78.33 | 336.76 | 166.34 |
| 3. Total income (1+2) | 5,428.19 | 5,459.03 | 2,072.25 | 19,268.11 | 10,456.96 |
| Expenses | |||||
| (a) Costs of Projects | 4,658.58 | 7,644.28 | 153.02 | 18,997.64 | 10,313.31 |
| (b) Changes in Inventories | (115.87) | (3,926.25) | 574.00 | (4,290.11) | (3,119.49) |
| (c) Employee Benefits Expenses | 103.38 | 124.70 | 740.67 | 372.05 | 291.04 |
| (d) Other Expenses | 22.14 | 131.73 | 212.81 | 338.73 | 125.42 |
| Total expenses (4) | 4,668.24 | 3,974.46 | 1,680.50 | 15,418.31 | 7,610.27 |
| Earnings before interest, tax, depreciation and amortisation (EBITDA) (3-4) | 759.95 | 1,484.57 | 391.75 | 3,849.80 | 2,846.69 |
| (e) Finance costs | 156.98 | 7.84 | 46.28 | 165.37 | 71.59 |
| (f) Depreciation and amortisation expenses | 9.40 | 30.01 | 148.02 | 40.24 | 39.84 |
| 5. Profit before tax | 593.57 | 1,446.72 | 197.45 | 3,644.19 | 2,735.27 |
| 6. Tax expense | |||||
| (a) Current tax | |||||
| – Current period/year | 161.66 | 160.41 | 47.53 | 726.46 | 427.87 |
| – Short/ Excess Provision of earlier year taxes | (2.93) | 2.93 | – | – | 2.92 |
| (b) Deferred tax | (9.80) | 6.58 | (1.47) | (4.17) | (6.57) |
| Total tax expense | 148.93 | 169.92 | 46.06 | 722.29 | 424.23 |
| 7. Profit for the period/year (5-6) | 444.64 | 1,276.80 | 151.39 | 2,921.90 | 2,311.05 |
| 8. Other comprehensive income | |||||
| (a) Items that will not be reclassified to profit or loss | |||||
| (i) Remeasurement of defined benefit plans | 5.75 | (11.37) | 0.73 | (5.62) | – |
| (ii) Income tax relating to above | (1.45) | 2.86 | (0.18) | 1.41 | – |
| (b) Items that will be reclassified to profit or loss | |||||
| (i) Income tax relating to above | – | – | – | – | – |
| Total other comprehensive (loss) / profit (net of tax) for the period/year | 4.30 | (8.51) | 0.55 | (4.21) | – |
| 9. Total comprehensive income (net of tax) for the period/year (7+8) | 448.95 | 1,268.29 | 151.94 | 2,917.69 | 2,311.05 |
| 10. Paid -up equity share capital (face value of ₹ 1 per share) | 1,959.12 | 1,959.12 | 1,959.12 | 1,959.12 | 1,959.12 |
| 11. Other Equity | – | – | – | 13,711.02 | 10,793.49 |
| 12. Earnings per share (EPS) (not annualised, except for year end) | |||||
| Basic (in ₹) | 2.27 | 6.52 | 0.77 | 14.91 | 11.80 |
| Diluted (in ₹) | 2.27 | 6.52 | 0.77 | 14.91 | 11.80 |
| Particulars | As at 31 March 2026 (Audited) | As at 31 March 2025 (Restated) |
|---|---|---|
| A. ASSETS | ||
| 1. Non-Current Assets | ||
| (a) Property, Plant and Equipment | 2.65 | 1.90 |
| (b) Right-Of-Use Assets | 55.11 | 93.39 |
| (c) Intangible Assets | – | – |
| (d) Financial Assets | ||
| (i) Investments | 126.60 | 315.90 |
| (ii) Other Financial Assets | 196.13 | 182.63 |
| (e) Deferred Tax Assets (net) | 15.35 | 9.87 |
| (f) Non-Current Tax Assets (net) | – | – |
| (g) Other Non Current Assets | 41.64 | – |
| Total Non-Current Assets | 437.48 | 603.69 |
| 2. Current Assets | ||
| (a) Inventories | 14,642.21 | 10,352.10 |
| (b) Financial Assets | ||
| (i) Trade Receivables | 879.63 | 131.32 |
| (ii) Cash and Cash Equivalents | 140.56 | 98.18 |
| (iii) Bank Balances Other Than (ii) Above | 344.75 | 232.46 |
| (iv) Loans | – | 6.00 |
| (v) Other Financial Assets | 5.45 | 5.45 |
| (c) Other Current Assets | 14,047.36 | 16,787.38 |
| Total Current Assets | 30,059.96 | 27,612.89 |
| Total Assets | 30,497.44 | 28,216.57 |
| B. EQUITY AND LIABILITIES | ||
| 1. Equity | ||
| (a) Equity share capital | 1,959.12 | 1,959.12 |
| (b) Other equity | 13,711.02 | 10,793.49 |
| Total Equity | 15,670.14 | 12,752.61 |
| 2. Liabilities | ||
| Non-Current Liabilities | ||
| (a) Financial Liabilities | ||
| (i) Lease Liabilities | 21.56 | 69.09 |
| (b) Provisions | 40.56 | 25.83 |
| (c) Non-Current Tax liability (net) | 404.25 | 147.66 |
| Total Non-Current Liabilities | 466.37 | 242.57 |
| 3. Current Liabilities | ||
| (a) Financial Liabilities | ||
| (i) Borrowings | 561.68 | 333.94 |
| (ii) Lease Liabilities | 47.54 | 41.11 |
| (iii) Trade payables | ||
| – Total outstanding dues of micro enterprises and small enterprises | 456.05 | 393.34 |
| – Total outstanding dues of creditors other than micro enterprises and small enterprises | 4,377.37 | 1,879.97 |
| (iv) Other Financial Liabilities | 126.50 | 116.83 |
| (b) Other Current Liabilities | 8,791.31 | 12,455.93 |
| (c) Provisions | 0.49 | 0.27 |
| Total Current Liabilities | 14,360.93 | 15,221.39 |
| Total Liabilities (2+3) | 14,827.29 | 15,463.96 |
| Total Equity and Liabilities | 30,497.44 | 28,216.57 |
| Particulars | For the year ended 31 March 2026 (Audited) | For the year ended 31 March 2025 (Restated) |
|---|---|---|
| A. Cash Flow From Operating Activities | ||
| Profit before Tax | 3,644.20 | 2,735.27 |
| Adjustments for: | ||
| Interest Income on other deposits | (0.38) | (0.35) |
| Interest Income on bank deposits | (21.55) | (48.81) |
| Interest Income on Income Tax Refunds | – | (0.54) |
| Net gain arising on financial assets measured at FVTPL | (11.30) | (15.90) |
| Provision no longer payable written back | (30.29) | (3.24) |
| Profit on Sale of Asset | (15.60) | – |
| Finance Expenses | 16.94 | 71.59 |
| Depreciation and Amortization Expenses | 40.24 | 39.84 |
| Operating Profit before Working Capital Changes | 3,622.26 | 2,777.87 |
| Adjustments for (increase)/decrease in operating assets: | ||
| Inventories | (4,290.11) | (3,119.49) |
| Trade Receivables | (748.31) | 380.97 |
| Other Non Current and Current Financial Assets | (13.50) | (10.71) |
| Other Non Current and Current Assets | 2,698.38 | (6,668.15) |
| Adjustments for increase/(decrease) in operating liabilities: | ||
| Trade Payables | 2,560.11 | 1,541.93 |
| Other Non-Current and Current Liabilities | (3,664.63) | 3,388.91 |
| Other Non Current and Current Financial Liabilities | 116.83 | 108.04 |
| Non-Current and Current Provisions | 14.95 | 26.09 |
| Cash Generated from Operations | 295.99 | (1,574.54) |
| Income Tax (Paid) / Refund (Net of Refunds and Interest on Refunds) | (525.51) | (475.00) |
| Net Cash Flow from Operating Activities (A) | (229.52) | (2,049.54) |
| B. Cash Flow From Investing Activities | ||
| Purchase of Property, Plant and Equipment | (2.71) | 2.00 |
| Interest Income on bank deposits | 21.93 | 49.16 |
| Sales of Investment | 179.30 | – |
| Investment in Mutual Funds | – | (315.90) |
| Loans received | 6.00 | – |
| Investments in subsidiaries | 10.00 | – |
| Placement of Bank Deposits | – | – |
| Net Cash Flow From/(Used in) Investing Activities (B) | 214.51 | (264.73) |
| C. Cash Flow From Financing Activities | ||
| Payment of Interest Expenses on borrowings | (9.03) | (59.98) |
| Proceeds from short Term Borrowings | 227.73 | – |
| Repayments of short Term Borrowings | – | (245.41) |
| Issue of share Capital | – | 50.00 |
| Premium received on Share warrants issued | – | 750.00 |
| Repayment of Lease Liability (Principle + Interest) | (49.02) | (46.68) |
| Net Cash Flow (Used in) Financing Activities (C) | 169.69 | 447.93 |
| Net Increase in Cash and Cash Equivalents (A) + (B) + (C) | 154.67 | (1,866.35) |
| Cash and Cash Equivalents at the Beginning of the year | 330.63 | 2,196.99 |
| Cash and Cash Equivalents at the End of the year | 485.31 | 330.63 |
| Particulars | Quarter ended 31-Mar-26 Audited | Quarter ended 31-Dec-25 Unaudited | Quarter ended 31-Mar-25 Restated | Year ended 31-Mar-26 Audited | Year ended 31-Mar-25 Restated |
|---|---|---|---|---|---|
| Income | |||||
| 1 Revenue from operations | 5,149.01 | 5,443.45 | 1,993.92 | 18,931.35 | 10,290.62 |
| 2 Other income | 279.21 | 15.58 | 78.33 | 336.79 | 166.34 |
| 3 Total income (1+2) | 5,428.22 | 5,459.03 | 2,072.25 | 19,268.14 | 10,456.96 |
| Expenses | |||||
| (a) Costs of Projects | 4,658.58 | 7,644.28 | 153.02 | 18,997.64 | 10,313.31 |
| (b) Changes in Inventories | (115.87) | (3,926.25) | 574.00 | (4,290.11) | (3,119.49) |
| (c) Employee Benefits Expenses | 103.38 | 124.70 | 740.67 | 372.05 | 291.04 |
| (d) Other Expenses | 26.22 | 131.73 | 212.81 | 342.81 | 125.42 |
| Total expenses (4) | 4,672.32 | 3,974.46 | 1,680.50 | 15,422.39 | 7,610.27 |
| Earnings before interest, tax, depreciation and amortisation (EBITDA) (3-4) | 755.90 | 1,484.57 | 391.75 | 3,845.75 | 2,846.69 |
| (e) Finance costs | 156.98 | 7.84 | 46.28 | 165.37 | 71.59 |
| (f) Depreciation and amortisation expenses | 9.40 | 30.01 | 148.02 | 40.24 | 39.84 |
| 5 Profit before tax | 589.52 | 1,446.72 | 197.45 | 3,640.14 | 2,735.27 |
| 6 Tax expense | |||||
| (a) Current tax | |||||
| – Current period/year | 161.66 | 160.41 | 47.53 | 726.46 | 427.87 |
| – Short / Excess Provision of earlier year taxes | (2.93) | 2.93 | – | – | 2.92 |
| (b) Deferred tax | (9.80) | 6.58 | (1.47) | (4.17) | (6.57) |
| Total tax expense | 148.93 | 169.92 | 46.06 | 722.29 | 424.23 |
| 7 Profit for the period/year (5-6) | 440.59 | 1,276.80 | 151.39 | 2,917.85 | 2,311.05 |
| 8 Other comprehensive income | |||||
| (a) Items that will not be reclassified to profit or loss | |||||
| (i) Remeasurement of defined benefit plans | 5.75 | (11.37) | 0.73 | (5.62) | – |
| (ii) Income tax relating to above | (1.45) | 2.86 | (0.18) | 1.41 | – |
| (b) Items that will be reclassified to profit or loss | |||||
| (i) Income tax relating to above | – | – | – | – | – |
| Total other comprehensive (loss) / profit (net of tax) for the period/year | 4.30 | (8.51) | 0.55 | (4.21) | – |