Nimbus Projects

NSE: NIMBSPROJBSE: 511714
Compare with peers
₹ 183.15▲ 7.02 (+3.99%)28 Oct, 03:27 pm IST
Market cap
₹ 355 Cr.
P/E
10.2x
P/B
1.32x
52-week range
141.04 – 231.23
ROE
−28%
ROCE
−13%
Dividend yield
0%
Debt / equity
0.98
Sector
Realty
Industry
Residential, Commercial Projects
Listed on
NSE, BSE

About

Nimbus Projects Limited is engaged in the business of developing real estate properties for residential, commercial and retail purposes. The Company is engaged in construction of residential flats through Special Purpose Vehicles (SPVs) and these SPVs have been allotted plots of land on long-term lease, under the Builders Residential Scheme (BRS) of the New Okhla Industrial Development Authority (NOIDA), among others. The total lease hold area allotted to the Company along with SPVs is around 2,65,000 square meters and the projects are under various stages of construction. Its operations encompass various aspects of real estate development, such as land identification and acquisition, project planning, designing, marketing and execution. Its residential projects include Express Park View II - Low Rise Apartments, The Hyde Park, The Golden Palm, among others. Its commercial projects include Golden Palm Downtown, Hyde Park Plaza/Down, Pearls Business Park, and Park Street.

Quick check

The five things to look at first. Open one for more.

Nimbus Projects 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)10.2 against a typical 23.3: cheaper than most peers (1st = cheapest).39th of 173
  • Sales growth−20.5% against a typical +6.6% from a year earlier.98th of 134
  • Share price, 3 months−4.5% against a typical −9.9%.56th of 147
  • Size₹ 354.7 Cr. market value against a typical ₹ 129.6 Cr. (1st = largest).60th of 163

Latest announcements

Exchange filings and their impact on the company.

  • 10 Oct 2026AcquisitionLow impactNeutralPrice +1.6% on 12 Oct
    Existing Express Park View partnership converted into a subsidiary; no new money or project disclosed.

    Nimbus Projects said its partnership firm IITL-Nimbus, The Express Park View has been converted into a private limited company named IITL Nimbus The Express Park View Private Limited, incorporated on October 10, 2026. The filing follows its July 27, 2026 plan to make the firm a subsidiary and gives last three-year turnover of the business as Rs 220.29 crore, Rs 172.69 crore and Rs 15.05 crore. It is a legal restructuring of an existing interest with no new investment or project disclosed, so near-term financial impact is expected to be negligible.

    Filing
  • 9 Oct 2026AcquisitionLow impactNeutralPrice +1.6% on 12 Oct
    New subsidiary incorporated with no details disclosed; negligible near-term financial impact.

    Nimbus Projects informed the exchanges on 9 Oct 2026 that it has incorporated a new subsidiary company. The filing provides no details on capital, shareholding, cost of investment or business purpose. For a small realty company with FY26 sales of Rs 229 crore and market cap of about Rs 355 crore, this is a nominal incorporation step with no meaningful revenue or profit impact expected in the next 12 months until operations are announced.

    Filing
  • 7 Oct 2026General UpdatesLow impactNeutralPrice −0.9% on 8 Oct
    Nimbus Projects availed a loan from World Resorts Ltd with terms undisclosed.

    Nimbus Projects Limited disclosed on 7 Oct 2026 that it has availed a loan from World Resorts Limited under Regulation 30. The filing provides no amount, interest rate, tenure or purpose in the extractable text. If the loan is in a typical materiality range of Rs 15-30 crore, it would modestly increase leverage versus March 2026 borrowings of Rs 271 crore without a clear near-term earnings driver.

    Filing

Board meetings

Results dates and other board meetings. Full calendar

Details
5 Nov 2026UpcomingFinancial ResultsIntimation of Board Meeting to consider and approve the Un-Audited Financial Results (Standalone & Consolidated) for the quarter & half year ended September 30, 2026
12 Aug 2026Financial ResultsTo consider and approve the Un-Audited Financial Results (Standalone & Consolidated) for the quarter ended June 30, 2026
27 May 2026Financial Results/Other business mattersTo consider and approve the Audited Financial Results (Standalone & Consolidated) prepared as per IND-AS for the quarter and year ended March 31, 2026 and other business matters

Share price

1Y change −7.96%
0 of 2 filing days came with a big price move
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales0051696214422183
Expenses12718023−10614851−12624215
Operating Profit−1−2−2−10−17108−147−476−23−24−12
OPM %−353.6%−11,100%−39.6%−6.1%−285.5%4,948.4%−17,732.5%−1,211%127.5%−1,034.1%−11%−380%
Other Income002841129−34121725−19720
Interest1113−035222184
Depreciation000000000001
Profit before tax−2−3262811271−141−3328−45−364
Tax %7.4%−1.3%10.8%0.9%14.2%25.2%−19.5%8.5%28.3%−8.1%−12.4%10.5%
Net Profit−2−323279653−114−3620−41−313
EPS in Rs−2.14−2.921.0132.5560.4149.34−104.92−14.99.04−21.2−8.24−0.27

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
40%
5 Years
118%
3 Years
365%
TTM
1,684%
Compounded Profit Growth
10 Years
—
5 Years
—
3 Years
—
TTM
−12%
Stock Price CAGR
10 Years
20%
5 Years
38%
3 Years
73%
TTM
—
Return on Equity
10 Years
—
5 Years
—
3 Years
−6%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
70.5%
0 pts in a year
FIIs
0.19%
+0.19 pts in a year
Public
29.31%
−0.18 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 10.2xEPS (12 months) ₹ 37.39Median P/E 1.5x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Nimbus Projects₹ 183.15₹ 355 Cr.10.2x1.3x−28%—
DLF₹ 653.55₹ 1,61,774 Cr.39x3.6x10%32%
Lodha Developers₹ 963.00₹ 1,01,441 Cr.33.7x5.1x15.8%20.6%
Indus Towers₹ 380.00₹ 1,00,250 Cr.14.9x2.7x19.8%22%
Oberoi Realty₹ 1,587.20₹ 57,846 Cr.27.3x3.8x—41.6%
Godrej Properties₹ 1,497.90₹ 45,121 Cr.166x3.3x10.2%35.9%

Management

Bipin Agarwal
Executive Chairman of the Board, Managing Director
Nitesh Kumar Gupta
Chief Financial Officer
Ritika Aggarwal
Compliance Officer, Company Secretary

Prices are delayed and for information only. Nothing on this page is investment advice.