Case study

MODIS

Modis Navnirman Limited

Worth a closer look1y model +2.6%

Each stock's 10,000-path forecast, rendered as light.

68Score

Modis Navnirman Limited (MODIS) Stock Analysis & Case Study

Is MODIS a good buy? The data-driven verdict.

Modis Navnirman Limited (MODIS) trades at ₹392,on the numbers it worth a closer look, a Downstox Snapshot Score of 68/100.

On the numbers, Modis Navnirman Limited (MODIS) worth a closer look, a Downstox Snapshot Score of 68/100, weighing fairly valued at 24.9× earnings, ROE of 20.5%, a 52% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

MODIS fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹769 Cr
Current price
₹392
P/E ratio
24.9×
P/B ratio
4.90×
Book value
₹80
ROCE
25.8%
ROE
20.5%
Piotroski F-Score
5/8

How MODIS ranks against the 2,373 companies in our screener

Is MODIS overvalued? MODIS P/E vs peers

MODIS trades at 24.9× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.

MODIS share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 4.0y of MODIS history (53%/yr drift, 43%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
MODIS 2027₹238₹404₹688+3%
MODIS 2028₹197₹415₹875+5%
MODIS 2029₹163₹426₹1,113+8%
MODIS 2030₹145₹437₹1,313+11%
MODIS 2031₹136₹448₹1,482+14%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability MODIS goes up, or doubles?

52%
Higher in 1 year
Modelled chance the price is above today in 12 months
56%
Higher in 5 years
Modelled chance the price is above today in 5 years
27%
Doubles in 5 years
Modelled chance of reaching ₹788 within 5 years

The bull case for MODIS

  • MODIS's P/E of 24.9x is lower than 54% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • MODIS's return on equity of 20.5% ranks in the 85th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • MODIS's return on capital employed of 25.8% ranks in the 89th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹1,113.

The bear case & risks

  • No model or past record guarantees future returns, treat this as one input, not a decision.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹163.

MODIS volatility & expected range, how bumpy is the ride?

Over the last 4.0 years MODIS compounded at 53%/year with annualized volatility of 43%. That volatility implies a 1-year 80% range of ₹238-₹688, the honest backbone behind any single price target.

MODIS price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 4.0 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
2.6%
80% range₹238-₹688
P(price ↑)52%
P(price 2×)6%
3-Year Forecast
2029
₹0
Median (P50)
8.0%
80% range₹163-₹1,113
P(price ↑)54%
P(price 2×)21%
5-Year Forecast
2031
₹0
Median (P50)
13.8%
80% range₹136-₹1,482
P(price ↑)56%
P(price 2×)27%

MODIS price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
MODIS simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds MODIS hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the MODIS price target & forecast page.

MODIS Piotroski F-Score: 5/8, how financially strong is it?

5/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. MODIS scores 5/8, mixed financial health.

MODIS MTF margin & leverage across 6 brokers

Margin Trading Facility lets you buy MODIS with part of the capital. Lower margin % = higher leverage. Rates compared across 6 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Zerodha50.00%2.0×
Groww33.02%3.0×
Kotak Neo100.00%1.0×
Pocketful50.00%2.0×
Fyers50.00%2.0×
Share IndiaCHEAPEST32.99%3.0×

Compare every broker on the MODIS MTF page.

About Modis Navnirman Limited: sector, index & market-cap context

Modis Navnirman Limited (MODIS) is a small-cap NSE-listed company, with a market capitalisation of ₹769 Cr. See more stocks on our screener.

How the MODIS Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Modis Navnirman Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

MODIS analysis, FAQs

Is Modis Navnirman Limited (MODIS) a good buy?

On the numbers, Modis Navnirman Limited (MODIS) worth a closer look, a Downstox Snapshot Score of 68/100, weighing fairly valued at 24.9× earnings, ROE of 20.5%, a 52% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is MODIS overvalued or undervalued?

MODIS trades at 24.9× earnings, fairly valued versus the ~22× long-run Nifty average.

What is the MODIS share price target for 2031?

MODIS's probability-weighted 2031 median target is ₹448, with an 80% range of ₹136-₹1,482 (10,000-path Monte-Carlo).

What is the probability MODIS doubles in 5 years?

The modelled probability of MODIS reaching ₹788 (2×) within 5 years is 27%.

What is the bull case for MODIS?

MODIS's P/E of 24.9x is lower than 54% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. MODIS's return on equity of 20.5% ranks in the 85th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. MODIS's return on capital employed of 25.8% ranks in the 89th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

What are the risks in MODIS?

No model or past record guarantees future returns, treat this as one input, not a decision.

More on MODIS