Modis Navnirman (NSE:MODIS) ROE %: 11.25% (As of Mar. 2026) — 55% Below Median


NSE:MODIS Modis Navnirman Ltd NSE:MODIS
62 GF Score
Price ₹335.15
GF Value ₹780.57
Valuation Possible Value Trap
! 6 Warning Signs
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What is Modis Navnirman ROE %?

Modis Navnirman NSE:MODIS +0.45% 62 ROE % is 11.25% as of Mar. 2026, which is 55% below its 10-year median of 24.78. GuruFocus rates NSE:MODIS with a GF Score™ of 62/100 and a GF Value™ of ₹780.57 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,731 Real Estate companies, Modis Navnirman ranks better than 82.9% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Modis Navnirman's annualized net income for the quarter that ended in Mar. 2026 was ₹176 Mil. Modis Navnirman's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹1,567 Mil. Therefore, Modis Navnirman's annualized ROE % for the quarter that ended in Mar. 2026 was 11.25%.

The historical rank and industry rank for Modis Navnirman's ROE % or its related term are showing as below:

NSE:MODIS' s ROE % Range Over the Past 10 Years
Min: 11.37   Med: 24.78   Max: 27956
Current: 13.56

During the past 7 years, Modis Navnirman's highest ROE % was 27,956.00%. The lowest was 11.37%. And the median was 24.78%.

NSE:MODIS's ROE % is ranked better than
82.9% of 1731 companies
in the Real Estate industry
Industry Median: 3.92 vs NSE:MODIS: 13.56

Modis Navnirman  (NSE:MODIS) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=176.236/1566.609
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(176.236 / 2059.604)*(2059.604 / 3049.361)*(3049.361 / 1566.609)
=Net Margin %*Asset Turnover*Equity Multiplier
=8.56 %*0.6754*1.9465
=ROA %*Equity Multiplier
=5.78 %*1.9465
=11.25 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=176.236/1566.609
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (176.236 / 235.812) * (235.812 / 186.92) * (186.92 / 2059.604) * (2059.604 / 3049.361) * (3049.361 / 1566.609)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7474 * 1.2616 * 9.08 % * 0.6754 * 1.9465
=11.25 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Modis Navnirman ROE % Related Terms


Modis Navnirman ROE % Historical Data

* Premium members only.

The historical data trend for Modis Navnirman's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Modis Navnirman ROE % Chart

Modis Navnirman Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial 24.78 31.96 11.37 24.19 22.25

Modis Navnirman Quarterly Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.65 5.73 0.00 43.43 11.25

Modis Navnirman ROE % Competitor Comparison

For the Real Estate - Development subindustry, Modis Navnirman's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Modis Navnirman ROE % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Modis Navnirman's ROE % distribution charts can be found below:

* The bar in red indicates where Modis Navnirman's ROE % falls into.


NSE:MODIS
62GF Score
Modis Navnirman Ltd NSE:MODIS
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Modis Navnirman ROE % Calculation

Modis Navnirman's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=291.785/( (1055.998+1566.609)/ 2 )
=291.785/1311.3035
=22.25 %

Modis Navnirman's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=176.236/( (0+1566.609)/ 1 )
=176.236/1566.609
=11.25 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 11.25% mean?
Modis Navnirman (NSE:MODIS) has a ROE % of 11.25% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Modis Navnirman and its competitors. This is 55% below median its historical median of 24.78. Over the past decade, Modis Navnirman's ROE % has ranged from 11.37 to 27,956.00. According to the industry distribution chart, Modis Navnirman ranks #296 out of 1731 companies in the Real Estate industry, placing it in the top 17.1%.
Is Modis Navnirman's ROE % too high?
Modis Navnirman's current ROE % of 11.25% is 55% below median its 10-year median of 24.78. Over the past 10 years, this metric has ranged from a low of 11.37 to a high of 27,956.00. The Real Estate industry median ROE % is 3.92. Modis Navnirman's value of 11.25% is 187% above this industry median. Based on the distribution chart, Modis Navnirman ranks #296 out of 1731 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Modis Navnirman has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Modis Navnirman's ROE % compare to competitors?
According to the Real Estate industry distribution chart, Modis Navnirman ranks #296 out of 1731 companies for ROE %. This places Modis Navnirman in the top 17% of its industry — outperforming the majority of peers. The industry median ROE % is 3.92. Modis Navnirman's value of 11.25% is 187% above this benchmark. Historically, Modis Navnirman's own ROE % has ranged from 11.37 to 27,956.00 over the past decade. While the company's 10-year median is 24.78 vs. the industry median of 3.92, Modis Navnirman has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Real Estate company?
The median ROE % among Real Estate companies is 3.92, based on 1,731 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Modis Navnirman's current ROE % of 11.25% is 187% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Modis Navnirman and its competitors. For the Real Estate industry, the median ROE % is 3.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modis Navnirman's current ROE % is 11.25%, which is 55% below median its own 10-year median of 24.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modis Navnirman stock overvalued right now?
Based on GuruFocus' analysis, Modis Navnirman (NSE:MODIS) is currently considered Possible Value Trap. The stock's GF Value™ is ₹780.57, compared to a current price of ₹335.15 — trading 57.1% below its estimated fair value. The current ROE % is 11.25%, which is 55% below median its 10-year median of 24.78 and 187% above the Real Estate industry median of 3.92. Modis Navnirman's overall GF Score™ is 62/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Modis Navnirman (NSE:MODIS), the current ROE % is 11.25% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Modis Navnirman (NSE:MODIS) Overvalued in 2026?

Based on GuruFocus' analysis, Modis Navnirman stock appears to be undervalued. The current stock price of ₹335.15 is trading 57.1% below its estimated GF Value™ of ₹780.57. GuruFocus considers Modis Navnirman to be Possible Value Trap.

Key valuation signals for NSE:MODIS:

  • ROE %: 11.25% (55% below median its 10-year median of 24.78)
  • GF Value™: ₹780.57 vs. price of ₹335.15 (57.1% below fair value)
  • GF Score™: 62/100 with 6 warning signs
  • Industry Position: 187% above the Real Estate median (#296 of 1731)

No single metric tells the full story. See the NSE:MODIS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Modis Navnirman Business Description

Other Exchanges 543539:India
Address M G Road, Shop No. 1, Rashmi Heights, Opposite Kamla Nagar, Kandivali (West), Mumbai, MH, IND, 400067
Modis Navnirman Ltd is engaged in the real estate sector. It focuses on the mid-market and affordable housing categories as its target segment within the residential housing market. The company's projects are located in the western suburbs of Mumbai specifically in and around the areas of Borivali, Kandivali, Malad and Goregaon. The company projects are Rashmi Enclave, Rashmi Jewel, Rashmi Terrace and others.
62GF Score

Get the complete analysis for NSE:MODIS

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹335.15
Price
₹780.57
GF Value