Slide 1: Submission of Investor Presentation to exchanges
Moms N Av N I R M A N Dated: 15/05/2026 To, To, National Stock Exchange of India Limited BSE Limited Exchange Plaza, Corporate Relationship Dept., Plot No. C/1, G’ Block, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Dalal Street, Fort, Bandra (E), Mumbai – 400 051 Mumbai – 400 001 Symbol / Scrip
Slide 2: Investor Presentation Q4 & FY26
“We Don’t Build Walls, We Build Homes’’ Investor Presentation Q4 & FY26
Slide 3: Disclaimer
nm MODIS N AV N I R M A N Disclaimer Certain statements in this communication may be ‘forward looking statements’ within the meaning of applicable laws and regulations. These forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to diff
Slide 4: Table of Contents
nm MODIS N AV N I R M A N Table of Contents 1 Company Overview Indian Real Estate Industry 2 Financial & Operational Highlights 3 4 Business Overview 55 Project Highlights "IBM*IINIIUIMlIII II.lIII.ll-IIIIl1¢ IlII.*lllilI
Slide 5: Company Overview
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Slide 6: Modis Navnirman Limited – Building Homes with Love and Purpose
nm Modis Navnirman Limited– Building Homes with Love and Purpose MODIS N AV N I R M A N Legacy & Scale Strong Financial Profile Vision & Philosophy ▪ Founded by Mr. Dinesh C. Modi in ▪ Asset-light and capital-efficient ▪ To create spaces that inspire and 2009 business model ensuring steady growth en
Slide 7: Management Comment
nm Management Comment MODIS N AV N I R M A N o; “FY26 has been a landmark year for Modis Navnirman Limited, marked by our highest-ever revenue, profitability, construction progress, and project additions — reflecting the strength of our ilAVNI redevelopment-led business model and disciplined executi
Slide 8: Key Performance Indicators – FY26
nm Key Performance Indicators – FY26 MODIS N AV N I R M A N Area Sold (Sq. Ft.) ✓ 53,000 Sq. Ft. ( 23 % YoY) in FY26 REVENUE ✓ INR 189.31 Cr ( 84 % YoY) in FY26 EBITDA ✓ INR 38.46 Cr ( 35 % YoY) in FY26 PAT ✓ INR 29.14 Cr ( 26 % YoY) in FY26 ESG & Brand Strengthening Our Social Responsibility and Br
Slide 9: FY26 - Other Highlights
nm MODIS FY26 - Other Highlights N AV N I R M A N MIGRATION MERGER (BSE SME → Main Board) (Shree Modis Navnirman Pvt. Ltd. → BSE & NSE Modis Navnirman Ltd.) Our company is proudly migrating from the BSE SME Platform to Shree Modis Navnirman Private Limited is merging with the BSE & NSE Main Board —
Slide 10: Ongoing Project Progress Summary - FY26
ONGOING PROJECT PROGRESS SUMMARY- FY 26 Sr. Slab Project Name Location Segment No. Completion Residential & 20th Slab 1 Rashmi Square Borivali (W) – Linking Road Commercial Completed l ilii 19th Slab 4,11 Q 2 Rashmi Signature Malad (W) – S.V. Road Residential Completed 11.11 Residential & 11th Slab
Slide 11: Completed, Ongoing and Upcoming Projects
COMPLETED 14 PROJECTS 07.22 Lakhs Sq. Ft. ONGOING JI I 06 PROJECTS 12.11 Lakhs Sq. Ft. UPCOMING go 04 PROJECTS 09.00 Lakhs Sq. Ft. and
Slide 12: Project Till Date Synopsis – Key Development Properties
nm MODIS Financial Update Financial Update } Investment Properties -> Development Properties N AV N I R M A N Project Till Date Synopsis – Key Development Properties Area Booked Inventory as Project Project Name Carpet Area Till Date on Date Completion (Sq. ft. in lakh) (Sq. ft. in lakh) (Sq. ft. in
Slide 13: Important Associates
nm Important Associates MODIS N AV N I R M A N Architects Sanjay B. Shah B.E. (Civil) space vision AR DESIGN LICENCED SURVEYORS & ENGINEERS Architect and Planner STUDIO Designer & Consultants Hiren M. Tonne B.E., M.I.E. R.C.C. 81 Structural Design Engineers LI HURIZUN A R c H I T E c T s SOMAIYA & A
Slide 14: Indian Real Estate Industry
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Slide 15: Indian Real Estate Sector Overview & Growth Outlook
nm INDIAN REAL ESTATE SECTOR OVERVIEW & GROWTH OUTLOOK MODIS N AV N I R M A N A $10 trillion opportunity by 2047 Macro Growth Drivers 6-8% GDP in 2025 q Average home size up ~35% in the past five years 14-20% GDP by 2047 lm! ₹1 crore+ homes rose from 15% to 49% market share (2018–2025) India’s Real
Slide 16: Segment Outlook | 2026 Performance & Growth Trajectory
nm SEGMENT OUTLOOK | 2026 Performance & Growth Trajectory MODIS N AV N I R M A N Residential Office / Commercial 2026 NOW LONG-TERM OUTLOOK 2026 NOW LONG-TERM OUTLOOK • $438.5B market size in 2026 (Mordor • 9.88% CAGR → $702.4B by 2031 • 70–75 MSF annual leasing forecast • GCCs: 1,700 today → 2,400+
Slide 17: Growth Drivers & Risks
GROWTH DRIVERS & RISKS | Structural Tailwinds vs. Key Watch nm MODIS Factors N AV N I R M A N ▲ GROWTH DRIVERS — NOW & LONG TERM ▼ KEY RISKS & WATCH FACTORS . RBI Rate Easing (2026 catalyst): Home loan rates at 8.10% post >100 bps cuts; Foreign FDI Pullback: Foreign RE investment share fell to 13% i
Slide 18: Positioned to Capture the Growth Wave
nm Modis Navnirman – Positioned to Capture the Growth Wave MODIS N AV N I R M A N STRATEGIC ROBUST PROJECT PIPELINE REDEVELOPMENT FOCUS • Multiple ongoing and I • Concentrated presence in upcoming projects including Mumbai’s high-demand Rashmi Square, Rashmi western suburbs — Borivali, Signature, Ra
Slide 19: Financial Highlights
J :: P It!K ::3= II' I . : :bE::I= ;,, I In p II vs_-- m Ill. !!!m=--" ' *1 I Financial Highlights
Slide 20: Financial Performance
nm MODIS Financial Performance N AV N I R M A N INR Cr 84 % 35% 26% 189.31 38.46 29.14 102.91 28.47 23.11 FY25 FY26 FY25 FY26 FY25 FY26 REVENUE EBITDA PAT
Slide 21: Key Project Metrics for FY26
nm MODIS Key Project Metrics for FY26 N AV N I R M A N INR Cr Projects Revenue Spends . . . . . . . . . 1 . . . . 1 . . . . . Rashmi Vasudeo 13.92 14.05 . . . . . Rashmi Celestia 60.80 57.32 Rashmi Square 49.44 36.36 Rashmi Signature 31.12 14.48 Rashmi Delight 11.16 8.00 Rashmi Manorath 6.93 3.64 I
Slide 22: FY26 Consolidated Profit and Loss
nm FY26 Consolidated Profit and Loss MODIS N AV N I R M A N INRCr Particulars j.1rllll-lllll Q4 FY26 Q4 FY25 Y-o-Y (%) FY26 FY25 Y-o-Y (%) Revenue from Operations 51.49 19.94 158% 189.31 102.91 84% Other income 2.79 0.78 3.37 1.66 Total income 54.28 20.72 162% 192.68 104.57 84% Costs of Projects 46.
Slide 23: FY26 Balance Sheet
nm MODIS FY26 Balance Sheet N AV N I R M A N INRCr Equity & Liabilities I FY26 FY25 Assets I FY26 FY25 Shareholders Funds Non Current Assets Equity Share Capital 19.59 19.59 Property, Plant and Equipment 0.03 0.02 Other Equity 137.07 107.93 Right-Of-Use Assets 0.55 0.93 Non Current Liabilities Intan
Slide 24: Business Overview
Business Overview 1111 r
Slide 25: Growth Drivers
nm Growth Drivers MODIS N AV N I R M A N Asset-light, scalable model through partnership-driven redevelopment approach Focus on MHADA, SRA & Society Redevelopment, ensuring low land cost and steady margins Leverage expertise in residential redevelopment across Mumbai suburbs Strong track record in m
Slide 26: Ongoing Project: Rashmi Signature
I nr nm Ongoing Project MODIS NAVNIRMAN Rashmi Signature Ml mWMM IW I Redefine Luxury Living, Malad (W) W ~:1 wmwg 1I FI' _WW 1M;W EF I m[.~ *T II 11 • 18 Story Building with 3 Wings To plrmr '!ITl'l"'!l • 210 Flats, 3 Podium mpmpq .21 -*El *p*-*Et zn_-:I II r. Project Year : May 2024 To be Complete
Slide 27: Ongoing Project: Rashmi Square
Ongoing Project MODIS Rashmi Square Elegant Living, Borivali (W) • 21 Story Building with 2 Wings • 130 Flats, 10 Shops, 7 Office , 3 Podium HILL I Hum l -H_-LlLLlL L um Ium L Project Year : Dec 23 W f " um 1. To be Completed : May 2027 Total Area : 1,75,000 Sq. ft .. .. .. Location : Linking Road,
Slide 28: Ongoing Projects: Rashmi Manorath and Rashmi Delight
Ongoing Project MODIS NAVNIRMAN Um" Wlliiil llllllIII IINWII H11 we llllll!F * I: SHOP DISPLAY SHOP DISPLAY SHOP Dlsr. A lllllillmn*m. • • 17 Story Building with 53 Flats & 3 Shops with 3 Podium Rashmi • 17 Story Building with 87 Flats & 3 Podium Project Year : Jan 24 Rashmi • Project Year : Jan 25
Slide 29: Ongoing Project: Rashmi Icon
in Ongoing Project MODIS NAVNIRMAN Rashmi Icon We Shankar Lane, Orlem, Malad (W) • 20 Story Building with 3 Wings • 201 Flats, 16 Shops, 9 Offices , 4 Podium Project Year : February 2026 To be Completed : August 2029 Total Area : 3,50,000 Sq. ft. Location : Shankar Lane, Orlem, Malad (W) RASHM' ICON
Slide 30: Ongoing Project: Rashmi Avenue
nm Ongoing Project MODIS N AV N I R M A N Rashmi Avenue Kandarpada, Dahisar (W) • 21 Story Building with 3 Wings • 225 Flats, 18 Shops, 2 Offices , 3 Podium I I I. .24 I Project Year : March 2026 111] IU! I um 1H1~ I To be Completed : August 2029 IiiIII I Total Area : 3,00,000 Sq. ft. I mil 11ll 1m
Slide 31: Completed Projects: Rashmi Celestia
nm Completed Projects MODIS N AV N I R M A N Rashmi Celestia L . T. Road, Borivali (W) • 17 Story Building • 63 Flats & 20 Shops Project Completed Year : Mar-2026 Total Area : 1,30,000 Sq. ft. Location : L .T. Road, Borivali (W) “Where Convenience Meets Luxury.”
Slide 32: Completed Projects: Rashmi Vasudeo
nm Completed Projects MODIS NAVNIRMAN Rashmi Vasudeo Seamless Connectivity for the Modern Explorer, Borivali (W) • 18 Storey Building • 89 Flats Project Completed Year : Aug 2025 Total Area : 95,500 Sq. ft. Location : Shimpoli, Borivali (W) “Discover Serenity in the Heart of the city.”
Slide 33: Upcoming Projects
Upcoming Projects MODIS NAVNIRMAN WII. I.I \ kg; r _4 H: iv' F* f M 1-1'n'Fm* g I! r' n I iv I - 4. 'H W.. iii ,-- i It I IH I I i !I it m bylaw n=~»=_1» u Illllmli TRI l | Rashmi Paradise n Rashmi Sheetal
Slide 34: Upcoming Projects: Rashmi Gold Govind Dalvi Nagar
Upcoming Projects MODIS N I R M AN l Rashmi Gold Govind Dalvi Nagar
Slide 35: Thank You
nm MODIS NAVNIRMAN Thank You Modis Navnirman Limited Adfactors IR Team Mahek Modi Saloni Nagvekar CFO Saloni.Nagvekar@adfactorspr.com