Nimbus Projects
- 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.
Compared with its industry
Residential, Commercial Projects: 174 companies →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.
- 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.
- 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.
- 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.
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 5 Nov 2026Upcoming | Financial Results | Intimation 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 2026 | Financial Results | To consider and approve the Un-Audited Financial Results (Standalone & Consolidated) for the quarter ended June 30, 2026 |
| 27 May 2026 | Financial Results/Other business matters | To 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 |
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 | 0 | 5 | 169 | 6 | 2 | 1 | 4 | 4 | 2 | 218 | 3 |
| Expenses | 1 | 2 | 7 | 180 | 23 | −106 | 148 | 51 | −1 | 26 | 242 | 15 |
| Operating Profit | −1 | −2 | −2 | −10 | −17 | 108 | −147 | −47 | 6 | −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 Income | 0 | 0 | 28 | 41 | 129 | −34 | 12 | 17 | 25 | −19 | 7 | 20 |
| Interest | 1 | 1 | 1 | 3 | −0 | 3 | 5 | 2 | 2 | 2 | 18 | 4 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Profit before tax | −2 | −3 | 26 | 28 | 112 | 71 | −141 | −33 | 28 | −45 | −36 | 4 |
| 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 | −3 | 23 | 27 | 96 | 53 | −114 | −36 | 20 | −41 | −31 | 3 |
| EPS in Rs | −2.14 | −2.9 | 21.01 | 32.55 | 60.41 | 49.34 | −104.92 | −14.9 | 9.04 | −21.2 | −8.24 | −0.27 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 40%
- 5 Years
- 118%
- 3 Years
- 365%
- TTM
- 1,684%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- −12%
- 10 Years
- 20%
- 5 Years
- 38%
- 3 Years
- 73%
- TTM
- —
- 10 Years
- —
- 5 Years
- —
- 3 Years
- −6%
- 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.
| Nimbus Projects | ₹ 183.15 | ₹ 355 Cr. | 10.2x | 1.3x | −28% | — |
| 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
- Bipin Agarwal
- Executive Chairman of the Board, Managing Director
- Nitesh Kumar Gupta
- Chief Financial Officer
- Ritika Aggarwal
- Compliance Officer, Company Secretary
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