MODISNAVNIRMAN / guidance tracker

Keep management guidance in view.

Modi's Navnirman · forward-looking guidance across the available source record.

Research layer active

Guidance tracker

What management said would happen.

FY26 full-year revenue target of ~₹180 Cr

Management expects Q4 FY26 revenue to maintain the 9M run rate, implying ~₹43 Cr in Q4.

revenue

FY27 revenue target of ₹200-230 Cr

Driven by completion of Rashmi Square and Celestia, and new launches like Rashmi Icon and Avenue.

revenue

EBITDA margin to sustain at 22-25%

Management expects margins to remain in this range due to debt-free status and timely project deliveries.

margins

No debt financing planned

Company will continue to fund projects through internal accruals and timely sales.

capex