Price
Financials
Consolidated, Rs crore| 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 | 0.28 | 0.02 | 4.90 | 169.42 | 5.86 | 2.19 | 0.83 | 3.90 | 4.37 | 2.26 | 218.23 | 3.10 |
| Expenses | 1.27 | 2.24 | 6.84 | 179.78 | 22.59 | -106.18 | 148.01 | 51.13 | -1.20 | 25.63 | 242.26 | 14.88 |
| Operating Profit | -0.99 | -2.22 | -1.94 | -10.36 | -16.73 | 108.37 | -147.18 | -47.23 | 5.57 | -23.37 | -24.03 | -11.78 |
| OPM % | -353.57% | -11,100.00% | -39.59% | -6.11% | -285.49% | 4,948.40% | -17,732.53% | -1,211.03% | 127.46% | -1,034.07% | -11.01% | -380.00% |
| Other Income | 0.12 | 0.42 | 28.21 | 41.26 | 129.15 | -33.82 | 11.88 | 16.92 | 24.77 | -18.56 | 6.84 | 19.71 |
| Interest | 1.24 | 1.33 | 0.67 | 3.04 | -0.05 | 2.82 | 5.21 | 2.15 | 2.23 | 2.45 | 18.00 | 3.77 |
| Depreciation | 0.05 | 0.05 | 0.07 | 0.19 | 0.21 | 0.25 | 0.44 | 0.32 | 0.23 | 0.47 | 0.40 | 0.53 |
| Profit before tax | -2.16 | -3.18 | 25.53 | 27.67 | 112.26 | 71.48 | -140.95 | -32.78 | 27.88 | -44.85 | -35.59 | 3.63 |
| Tax % | 7.41% | -1.26% | 10.81% | 0.90% | 14.22% | 25.18% | -19.45% | 8.48% | 28.34% | -8.09% | -12.42% | 10.47% |
| Net Profit | -2.32 | -3.14 | 22.77 | 27.42 | 96.30 | 53.48 | -113.52 | -35.57 | 19.98 | -41.22 | -31.17 | 3.26 |
| EPS in Rs | -2.14 | -2.90 | 21.01 | 32.55 | 60.41 | 49.34 | -104.92 | -14.90 | 9.04 | -21.20 | -8.24 | -0.27 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 8 | 8 | 7 | 5 | 10 | 5 | 4 | 2 | 7 | 176 | 226 | 228 |
| Expenses | 11 | 35 | 15 | 22 | 9 | 24 | 7 | 4 | 13 | 214 | 272 | 282 |
| Operating Profit | -4 | -28 | -8 | -17 | 1 | -19 | -3 | -1 | -6 | -38 | -46 | -54 |
| OPM % | -49% | -350% | -107% | -364% | 6% | -419% | -73% | -55% | -86% | -21% | -20% | -24% |
| Other Income | 1 | 4 | 5 | 4 | 49 | 2 | 22 | 34 | 115 | 121 | -13 | 33 |
| Interest | 1 | 5 | 8 | 9 | 27 | 4 | 4 | 10 | 2 | 11 | 25 | 26 |
| Depreciation | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 2 |
| Profit before tax | -5 | -29 | -11 | -22 | 23 | -22 | 15 | 22 | 107 | 71 | -85 | -49 |
| Tax % | 2% | 0% | 1% | 1% | 4% | 1% | 3% | 0% | 13% | 10% | 3% | |
| Net Profit | -5 | -31 | -11 | -22 | 22 | -22 | 14 | 22 | 93 | 64 | -88 | -49 |
| EPS in Rs | -6.53 | -41.41 | -15.29 | -29.28 | 29.83 | -29.85 | 13.14 | 20.37 | 61.46 | 58.47 | -35.30 | -20.67 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 40% | 118% | 364% | 1684% | ||
| Compounded Profit Growth | % | % | % | -12% | ||
| Stock Price CAGR | 17% | 47% | 80% | -27% | ||
| Return on Equity | % | % | -3% | -18% |
| Mar 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 11 | 11 | 11 | 11 | 19 |
| Reserves | 88 | 3 | 50 | 39 | -63 | -41 | -63 | -49 | -27 | 285 | 266 | 259 |
| Borrowings | 35 | 24 | 2 | 13 | 7 | 5 | 8 | 7 | 4 | 21 | 185 | 271 |
| Other Liabilities | 24 | 86 | 78 | 87 | 176 | 123 | 127 | 128 | 129 | 115 | 645 | 669 |
| Total Liabilities | 155 | 120 | 138 | 146 | 128 | 94 | 79 | 97 | 117 | 432 | 1,106 | 1,219 |
| Fixed Assets | 8 | 6 | 6 | 6 | 5 | 5 | 4 | 4 | 4 | 57 | 49 | 54 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 49 | 82 | 100 | 105 | 90 | 60 | 49 | 67 | 80 | 307 | 321 | 313 |
| Other Assets | 98 | 33 | 32 | 36 | 33 | 30 | 26 | 26 | 34 | 68 | 736 | 851 |
| Total Assets | 155 | 120 | 138 | 146 | 128 | 94 | 79 | 97 | 117 | 432 | 1,106 | 1,219 |
| Mar 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -7 | 9 | 23 | 1 | 7 | 4 | -1 | 2 | 4 | 15 | -121 | -23 |
| Cash from Investing Activity | 1 | -23 | 5 | -10 | -0 | -0 | -3 | -1 | 1 | -16 | -32 | -33 |
| Cash from Financing Activity | 24 | 2 | -28 | 10 | -8 | -3 | 2 | -0 | -4 | 1 | 163 | 77 |
| Net Cash Flow | 17 | -12 | -0 | 1 | -1 | 1 | -1 | 0 | 1 | 0 | 10 | 21 |
| Free Cash Flow | -8 | 10 | 22 | 1 | 7 | 4 | -1 | 2 | -2 | -12 | -112 | -30 |
| CFO/OP | 127% | -248% | -84% | -14% | -44% | 670% | -3% | -76% | -307% | -248% | 248% | 54% |
| Mar 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 274 | 102 | 108 | 51 | 53 | 13 | 36 | 46 | 116 | 23 | 41 | 87 |
| Inventory Days | 776 | 2,011 | ||||||||||
| Days Payable | 46 | 140 | ||||||||||
| Cash Conversion Cycle | 1,005 | 1,974 | 108 | 51 | 53 | 13 | 36 | 46 | 116 | 23 | 41 | 87 |
| Working Capital Days | 508 | 1,054 | 1,151 | 1,327 | 1,652 | 877 | 1,565 | 1,947 | 4,835 | 1,319 | 243 | 223 |
| ROCE % | -3% | -50% | -7% | -246% | 11% | 8% | -7% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 51.30% | 51.30% | 51.30% | 51.30% | 51.30% | 51.30% | 51.30% | 70.50% | 70.50% | 70.50% | 70.50% | 70.50% |
| FIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.03% | 0.03% | 0.03% | 0.19% |
| Public | 48.70% | 48.70% | 48.72% | 48.71% | 48.70% | 48.70% | 48.70% | 29.49% | 29.47% | 29.47% | 29.47% | 29.31% |
| No. of Shareholders | 2,059 | 2,066 | 2,103 | 2,193 | 2,222 | 2,296 | 2,230 | 2,277 | 2,435 | 2,370 | 2,348 | 2,537 |
Fundamentals
Market Cap₹ 379 Cr.
Current Price₹ 194
Book Value₹ 144
ROCE-6.78 %
ROE-18.4 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)1684%
Compounded Profit Growth (TTM)-12%
Consolidated figures.
Valuation
Market capRs 366 Cr
Enterprise valueRs 605 Cr
Price to book1.31x
Price to sales1.61x
EV / sales2.65x
Earnings yield-10.91%
P/E, 3-year average2.45x
P/B, 3-year average0.78x
P/E, 5-year average2.55x
P/B, 5-year average-0.33x
Profitability
Operating margin (excl. other income)-20.19%
Operating margin (incl. other income)-26.11%
EBITDA margin-9.15%
Pre-tax margin-21.46%
Net profit margin-17.52%
Net margin, latest quarter-16.77%
ROE-24.57%
ROCE-11.97%
ROA-5.87%
ROE, 3-year average15.02%
ROCE, 3-year average26.73%
ROA, 3-year average8.87%
ROE, 5-year average-13.61%
ROCE, 5-year average26.73%
ROA, 5-year average12.70%
ROIC (approx.)-4.48%
Tax rate-3.09%
Other income / net worth-4.81%
Growth
Sales growth (latest year)28.62%
Profit growth (latest year)-207.62%
Sales CAGR, 3 years363.73%
Sales CAGR, 5 years117.79%
Sales growth QoQ-98.58%
Sales growth YoY (latest quarter)-20.51%
Per share
EPS (TTM)Rs -20.67
EPS (latest year)Rs -35.30
EPS (latest quarter)Rs -0.27
EPS, 3-year averageRs 28.21
EPS, 5-year averageRs 23.63
Book value per shareRs 144.23
Sales per shareRs 118.00
Cash flow per shareRs -12.05
Free cash flow per shareRs -15.53
Efficiency
Asset turnover0.19x
Fixed asset turnover4.18x
Inventory turnover0.27x
Inventory days1339 days
Debtor days87 days
Debtors turnover4.18x
Creditor days140 days
Cash conversion cycle87 days
Working capital days223 days
Leverage
Total debtRs 271 Cr
Cash and bankRs 33 Cr
Net debtRs 239 Cr
Debt to equity0.97x
Interest coverage-0.85x
Owners' fund to total sources22.86%
Debt to assets22.26%
Cash flow
Cash from Operating Activity (latest year)Rs -23 Cr
Cash from Investing Activity (latest year)Rs -33 Cr
Cash from Financing Activity (latest year)Rs 77 Cr
Net Cash Flow (latest year)Rs 21 Cr
Free cash flow (latest year)Rs -30 Cr
FCFE (approx.: FCF + change in debt)Rs 56 Cr
Cash from ops / profit, 5 years-1.17x
Statement figures
Net sales (TTM)Rs 228 Cr
Net sales (latest year)Rs 226 Cr
Sales (latest quarter)Rs 3 Cr
Operating profit excl. other income (latest year)Rs -46 Cr
Operating profit (latest quarter)Rs -12 Cr
Other income (TTM)Rs 33 Cr
EBITDA (TTM)Rs -21 Cr
PBDT (TTM)Rs -47 Cr
Profit before tax (TTM)Rs -49 Cr
Tax (latest year)Rs 3 Cr
Net profit (TTM)Rs -40 Cr
Net profit (latest year)Rs -68 Cr
Net profit (latest quarter)Rs -1 Cr
Depreciation (TTM)Rs 2 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 26 Cr
Cost of goods sold (latest year)Rs 185 Cr
Total expenditure (latest year)Rs 272 Cr
Total income (latest year)Rs 213 Cr
Share capitalRs 19 Cr
ReservesRs 259 Cr
Shareholders' fundsRs 279 Cr
Total assetsRs 1,219 Cr
Net blockRs 54 Cr
InvestmentsRs 313 Cr
ReceivablesRs 54 Cr
InventoryRs 680 Cr
Other liabilitiesRs 669 Cr
Shares outstanding (crore)1.93
Ownership
Promoter holding70.50% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/B 1.31 is at the 28th percentile (median 1.50).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | NIMBSPROJ | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -5.0% | -2.8% | -2.2 pts |
| 1 month | +12.8% | -6.8% | +19.6 pts |
| 3 months | -6.6% | -7.6% | +1.0 pts |
| 3 years | +470.6% | +14.2% | +456.5 pts |
| 5 years | +569.4% | +27.9% | +541.5 pts |
Red flags
F-score 3 of 8| explain | Weak cash conversion Cash from operations was -209% of net profit over the last 3 years |
| explain | Receivables outrunning sales Receivables grew 176% vs sales +29% in 2026 |
| explain | Share dilution Share count up 79% in a year, 79% in three |
| explain | Debt up, profit down Borrowings up 47% while net profit fell in 2026 |
| look | Auditor change Auditor change 2026-09-30: Nimbus Projects Limited has informed the Exchange regarding Change in Auditors of the company. |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹3 Cr -20.5% vs Jun 2025.
Net profit ₹3 Cr +109.2%.
Against our estimate for Jun 2026: sales -50.3%, profit +111.3% in line. Our estimate for Sep 2026: sales Rs 7 Cr, profit Rs 3 Cr (how).
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| DLF Ltd | 161,638 | 37.6 | 6.32 % |
| Lodha Developers Ltd | 110,592 | 26.8 | 16.4 % |
| Phoenix Mills Ltd | 68,996 | 53.2 | 12.4 % |
| Oberoi Realty Ltd | 64,099 | 24.2 | 17.3 % |
| Prestige Estates Projects Ltd | 61,056 | 53.6 | 10.4 % |
| Godrej Properties Ltd | 49,232 | 30.4 | 7.63 % |
| Anant Raj Ltd | 21,675 | 37.5 | 12.1 % |
| Brigade Enterprises Ltd | 18,370 | 27.0 | 10.5 % |
| Horizon Industrial Parks Ltd | 14,709 | 3.18 % | |
| Sobha Ltd | 13,008 | 56.4 | 6.86 % |
| Aditya Birla Real Estate Ltd | 12,963 | -4.48 % | |
| SignatureGlobal India Ltd | 10,614 | 2.38 % | |
| Sri Lotus Developers & Realty Ltd | 10,466 | 40.7 | 21.2 % |
| Max Estates Ltd | 9,312 | 1,586 | 1.40 % |
| Embassy Developments Ltd | 7,833 | -2.44 % |
No bulk or block deals on record.
No corporate actions on record.
| Date | Type | What it says |
|---|---|---|
| 2026-09-30 | Change in Management | Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Appointment of Non-Executive, Non-Inde... |
| 2026-09-30 | Director change | Change in Director(s) of the company. |
| 2026-09-30 | Change in Auditors | Change in Auditors of the company. |
| 2026-09-30 | General Updates | Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Re-Appointment of Director |
| 2026-09-30 | Shareholder meeting | Submission of Voting Results of 33rd Annual General Meeting (AGM) of the Company held on Tuesday, September 29, 2026, pursuant to Regulation 44(3) of ... |
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
EPS in the scrip is zero (4 trailing quarters)Less than 100 unique PAN traded in previous 30 days
Quick answers
What is the market cap of Nimbus Projects Ltd?
Nimbus Projects Ltd (NIMBSPROJ) has a market capitalisation of Rs 379 Cr. at the 2026-10-01 close.
What were Nimbus Projects Ltd's latest quarterly results?
In the Jun 2026 quarter, Nimbus Projects Ltd sales was Rs 3 Cr (-20.5% vs Jun 2025) and net profit was Rs 3 Cr.
What is the 52-week high and low of Nimbus Projects Ltd?
The 52-week high is Rs 231.23 and the 52-week low is Rs 141.04.