Nila Spaces
- Market cap
- ₹ 395 Cr.
- P/E
- 13.7x
- P/B
- 2.44x
- 52-week range
- 9.8 – 18.95
- ROE
- 18%
- ROCE
- 31%
- Dividend yield
- 0%
- Debt / equity
- 0.46
- Sector
- Realty
- Industry
- Residential, Commercial Projects
- Listed on
- NSE, BSE
About
Nila Spaces Limited is an India-based real estate company. The Company is engaged in the development of real estate comprising residential and commercial projects. The Company operates through the construction and development of buildings for sale, and in the other real estate activities segment. Its primary area of operations includes construction and development of projects for sale and providing end-to-end services in the real estate industry. The Company has acquired development rights of a 5.61 lakh sq ft built-up area at GIFT City, Gandhinagar for development and sale to a residential project. It is developing a luxurious residential scheme, VIDA, in GIFT City. GIFT City is planned on 886 acres of land with 6.2 crore sq. ft. of BUA, which includes office spaces, residential apartments, schools, hospitals, hotels, clubs, retail and various recreational facilities. It has also developed the structure of a co-working office complex in GIFT City SEZ area in collaboration.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Residential, Commercial Projects: 174 companies →Nila Spaces against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)13.7 against a typical 23.8: cheaper than most peers (1st = cheapest).52nd of 173
- Sales growth+14.3% against a typical +6.6% from a year earlier.56th of 134
- Profit growth+47.3% against a typical +2.9% from a year earlier.34th of 108
- Share price, 3 months−7.8% against a typical −9.9%.67th of 147
- Size₹ 394.8 Cr. market value against a typical ₹ 129.6 Cr. (1st = largest).58th of 163
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
No up-to-date rating
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CARE | Withdrawn | Stable | 4 Feb 2026 |
Every agency has withdrawn its rating.
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 4 Feb 2026 | Withdrawn | was CARE BBB | — | CARE | ₹ 125 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 30 Oct 2026Upcoming | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 3 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 7 May 2026 | Financial Results | To consider and approve audited financial results (standalone and consolidated) for the year ended on March 31, 2026. |
| 30 Jan 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 13 Nov 2025 | Financial Results | To consider and approve the un-audited financial results for the period ended September 30, 2025 |
| 6 Aug 2025 | Financial Results | To consider and approve the unaudited financial results for the period ended Jun 30, 2025 |
| 5 May 2025 | Financial Results | To consider and approve the financial results for the period ended March 31, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0 | 58 | 32 | 31 | 32 | 33 | 40 | 41 | 42 | 52 | 50 | 47 |
| Expenses | 1 | 51 | 27 | 25 | 24 | 24 | 30 | 29 | 32 | 34 | 32 | 29 |
| Operating Profit | −1 | 7 | 6 | 6 | 8 | 9 | 10 | 12 | 10 | 18 | 17 | 18 |
| OPM % | — | 12.5% | 17.7% | 20.1% | 24% | 27.6% | 25.5% | 29.6% | 23.4% | 34.5% | 35% | 38.7% |
| Other Income | 1 | 8 | 1 | 2 | 3 | 2 | 2 | 2 | 5 | 3 | 3 | 3 |
| Interest | −0 | 2 | 2 | 3 | 4 | 5 | 5 | 5 | 5 | 8 | 7 | 8 |
| Depreciation | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | −0 | 13 | 3 | 4 | 5 | 5 | 6 | 8 | 8 | 12 | 12 | 12 |
| Tax % | −22.2% | 13% | 30.6% | 29.3% | 30.9% | 27.7% | 26.2% | 27.9% | 31% | 32.1% | 21.8% | 25.2% |
| Net Profit | −0 | 12 | 2 | 3 | 4 | 4 | 5 | 6 | 5 | 8 | 9 | 9 |
| EPS in Rs | 0 | 0.3 | 0.06 | 0.06 | 0.09 | 0.1 | 0.12 | 0.15 | 0.14 | 0.2 | 0.23 | 0.22 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 33%
- 3 Years
- 468%
- TTM
- 31%
- 10 Years
- —
- 5 Years
- 70%
- 3 Years
- 106%
- TTM
- 73%
- 10 Years
- —
- 5 Years
- 46%
- 3 Years
- 62%
- TTM
- —
- 10 Years
- 5%
- 5 Years
- 8%
- 3 Years
- 14%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Nila Spaces | ₹ 10.94 | ₹ 395 Cr. | 13.7x | 2.4x | 18% | — |
| DLF | ₹ 653.55 | ₹ 1,61,774 Cr. | 39x | 3.6x | 10% | 32% |
| Lodha Developers | ₹ 963.00 | ₹ 1,01,441 Cr. | 33.7x | 5.1x | 15.8% | 20.6% |
| Indus Towers | ₹ 380.00 | ₹ 1,00,250 Cr. | 14.9x | 2.7x | 19.8% | 22% |
| Oberoi Realty | ₹ 1,587.20 | ₹ 57,846 Cr. | 27.3x | 3.8x | — | 41.6% |
| Godrej Properties | ₹ 1,497.90 | ₹ 45,121 Cr. | 166x | 3.3x | 10.2% | 35.9% |
Management
- Deep Shaileshbhai Vadodaria
- Executive Chairman, Managing Director
- Prashant Himatbhai Sarkhedi
- Chief Financial Officer, Whole-Time-Director
- Gopi Vijaybhai Dave
- Compliance Officer, Company Secretary
- Anand Bholabhai Patel
- Managing Director, Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.