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Nila Spaces Limited (NILASPACES) · mywealthgrid

About

Nila Spaces Limited is a mid-sized real estate developer with market capitalization of ₹506.95 Cr, operating in residential and commercial projects. The company demonstrates strong operational efficiency with operating margins of 34–39% in recent quarters and an ROE of 18.23%.

Face value: ₹1

Market cap

₹442 Cr

P/E

14.2×

P/B

2.6×

Dividend yield

ROE

18.2%

ROCE

32.3%

Debt / equity

0.46

OPM

31%

EPS (TTM)

₹0.8

Book value

₹4.3

52-week high

₹19.2

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Operating margin volatility: OPM ranges from 23.4% to 39.32% across recent quarters, indicating sensitivity to project mix or execution; verify cost management consistency and project delivery performance
Zero institutional investor base (FII 0%, DII 0%) coupled with negative 1-year return of -4.24% despite strong fundamentals (PE 16.26, ROE 18.23%); verify whether this reflects illiquidity concerns or market skepticism on sector/valuation
52-week stock price range of ₹11.56–₹19.23 (~66% volatility) appears disconnected from stable fundamentals; verify whether swings reflect project delays, sales momentum, or sector-wide sentiment
Real estate sector cyclicality: residential and commercial demand are sensitive to economic cycles, interest rates, and credit availability; verify company's macro exposure and hedging approach

Generated analysis · source review pending

Growth drivers

Operating margins of 34–39% in Jun–Mar 2026 quarters vs. 23–28% in Sep–Dec 2025 show recent improvement; verify whether driven by project mix optimization or cost controls, and sustainability of trend
D/E of 0.46 and quarterly net profits of ₹5.34–9.4 Cr provide capacity for project-based expansion; verify capex plans and new project pipeline
ROE of 18.23% shows capital-efficient deployment; verify whether company reinvests retained earnings into new residential/commercial launches
Dual focus on residential and commercial projects provides revenue diversification; verify demand outlook and pre-sales momentum in each segment

Generated analysis · source review pending

₹11.2-39.3%1Y

Beta

0.97

Moves with the index

Volatility (1y)

39.8%

Annualised, daily returns

RSI (14)

Oversold territory

Rel. strength (1y)

-48.9%

Behind the market

Beta is measured against NIFTY 50 over three years of weekly returns — 1 moves with the index, above 1 amplifies it, below 1 damps it.

Quick read

rule-based

Pros

+High return on capital employed of 24.8%
+Healthy operating margin of 31%
+Revenue CAGR of 32.6% over the last 5 years
+High promoter holding of 61.9% with no pledge

Cons

No red flags triggered.

Research score

Structured signal from quality, growth, valuation and momentum.

59/100

Business quality: 64
Growth: 88
Valuation: 83

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Lodha Developers LimitedLODHALODHA	₹1,10,460 Cr	₹1,20,344 Cr	₹18,181 Cr	₹5,859 Cr	29.5%	₹4,126 Cr	20.6%	20.1%	15.8%	1,405
The Phoenix Mills LimitedPHOENIXLTDPHOENIXLTD	₹69,017 Cr	₹74,313 Cr	₹4,545 Cr	₹2,714 Cr	59.6%	₹1,280 Cr	35.2%	12.4%	11.4%	734
Prestige Estates Projects LimitedPRESTIGEPRESTIGE	₹64,006 Cr	₹78,992 Cr	₹13,053 Cr	₹3,675 Cr	29.2%	₹1,139 Cr	10.3%	13.6%	7.5%	2,755
Oberoi Realty LimitedOBEROIRLTYOBEROIRLTY	₹63,797 Cr	₹66,613 Cr	₹6,322 Cr	₹3,572 Cr	55.9%	₹2,630 Cr	41.7%	17.5%	14.9%	1,581
Godrej Properties LimitedGODREJPROPGODREJPROP	₹48,065 Cr	₹63,680 Cr	₹5,203 Cr	₹-458 Cr	-8.1%	₹1,600 Cr	35.9%	12.5%	10.1%	6,464
Anant Raj LimitedANANTRAJANANTRAJ	₹20,797 Cr	₹21,403 Cr	₹2,551 Cr	₹688 Cr	26.1%	₹579 Cr	22.2%	12%	11.2%	236
Brigade Enterprises LimitedBRIGADEBRIGADE	₹18,579 Cr	₹24,688 Cr	₹5,532 Cr	₹1,465 Cr	25.1%	₹695 Cr	12.7%	11.1%	10.3%	938
Horizon Industrial Parks LimitedHORIZONINDHORIZONIND	₹14,025 Cr	₹20,910 Cr	₹691 Cr	₹531 Cr	76.9%	₹-198 Cr	-29.5%	3.3%	-5.9%	-46
Sobha LimitedSOBHASOBHA	₹12,968 Cr	₹13,970 Cr	₹5,617 Cr	₹364 Cr	6%	₹231 Cr	3.7%	7.4%	4.2%	17,827
Aditya Birla Real Estate LimitedABRELABREL	₹12,293 Cr	₹17,929 Cr	₹450 Cr	₹-375 Cr	-88.2%	₹-116 Cr	-83%	-4.4%	-2.7%	22,467
Sri Lotus Developers And Realty LimitedLOTUSDEVLOTUSDEV	₹11,244 Cr	₹11,374 Cr	₹840 Cr	₹299 Cr	36.5%	₹257 Cr	31.6%	22.3%	16.7%	840
Signatureglobal (India) LimitedSIGNATURESIGNATURE	₹10,376 Cr	₹13,317 Cr	₹2,282 Cr	₹-126 Cr	-1.9%	₹1,044 Cr	42.2%	3.4%	85%	1,407

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	20	9	88	45	5	1	91	136	185
COGS	—	-6	81	36	5	1	65	87	106
Gross profit	—	—	6	9	0	0	25	49	79
	19	15	4	7	3	8	14	16	22
	0	1	2	2	-3	-8	11	33	57
OPM %	1.9%	8.8%	2.8%	4.1%	-55.2%	-784.2%	12%	24.4%	31%
Depreciation	—	—	0	0	0	0	1	5	5
Interest	6	5	6	4	0	0	5	16	25
	9	7	3	3	4	2	11	9	13
Profit before tax	2	3	-1	1	1	-6	16	20	40
Tax	1	0	-3	3	1	-2	3	6	11
Tax %	37.8%	6.5%	-398.6%	401.3%	118.5%	-27.6%	16%	28.3%	27.9%
	1	3	2	-2	-0	-4	13	15	29
PAT margin %	7.1%	30.5%	2.4%	-5.3%	-2.3%	-402%	14.8%	10.8%	15.5%
EPS (₹)	0	0.1	0.1	-0.1	0	-0.1	0.3	0.4	0.7
EPS adjusted (₹)	—	0.1	0.1	-0.1	-0	-0.1	0.3	0.4	0.7
Annual report	Annual report for Mar 2018	Annual report for Mar 2019	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	39	39	39	39	39	39	39	39
Reserves	79	86	86	88	75	88	103	131
Minority interest	—	—	—	—	—	—	—	0
	76	23	10	—	0	0	22	78
	17	3	21	6	67	102	147	115
Total equity & liabilities	212	151	156	133	182	230	311	364
	0	0	0	0	0	25	22	19
CWIP	—	—	—	—	0	0	0	7
Investments	29	27	30	15	13	7	5	9
	183	124	126	117	168	197	284	329
Total assets	212	151	156	133	182	230	311	364

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	7.1%	19.7%	1.5%

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	61.9%	61.9%	61.9%	61.9%	61.9%	61.9%	61.9%	61.9%	61.9%	61.9%	61.9%	61.9%
	2.51%	2.51%	0.89%	0.9%	0.85%	0%	0%	0.04%	0.33%	0.03%	0.04%	0%
DII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	35.59%	35.59%	37.21%	37.2%	37.25%	38.1%	38.1%	38.06%	37.77%	38.07%	38.06%	38.1%
No. of shareholders	—	—	—	—	—	—	—	—	87,755	86,282	83,424	83,496

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Nila Spaces Limited. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Annual reports

Credit ratings

Intimation of Credit Rating.3 Feb 2026

Documents link to external sources (exchange filings, company investor pages).

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Events

Upcoming dates and the company’s corporate-action history.

1

Board meeting to consider results3 Aug 2026

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

23 announcementsExport CSV

30 Sept 2026, 4:10 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

AGM PDF

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5 deals · 6 Jul 2023 – 8 Feb 2024

Date	Client	Type	Venue	Side	Quantity	Price	Value
8 Feb 2024	ANTARA INDIA EVERGREEN FUND LTD	Bulk	NSE	Sell	43,50,660	₹4.85	₹2.11 Cr
18 Aug 2023	JAINAM SHARE CONSULTANTS PVT. LTD.	Bulk	BSE	Buy	27,25,000	₹3.11	₹0.85 Cr
18 Aug 2023	M/S. PRARTHANA ENTERPRISES	Bulk	BSE	Sell	27,25,000	₹3.11	₹0.85 Cr
6 Jul 2023	KRONE INVESTMENTS	Bulk	NSE	Sell	21,08,789	₹4.54	₹0.96 Cr
6 Jul 2023	KRONE INVESTMENTS	Bulk	NSE	Buy	11,54,118	₹4.55	₹0.53 Cr

1–5 of 5

1 / 1

Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

Date	Category	Subject	Filing
30 Sept 2026, 4:10 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Scrutinizer''s Report	PDF
29 Sept 2026, 6:51 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Outcome of AGM	PDF
22 Sept 2026, 12:15 pm	Insider Trading / SAST Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011	Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011	PDF
10 Sept 2026, 9:32 am	Insider Trading / SAST Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011	Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011	PDF
7 Sept 2026, 5:29 pm	Company Update General	Letter To Members Weblink Of Annual Report	PDF
4 Sept 2026, 1:54 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
4 Sept 2026, 10:49 am	Insider Trading / SAST Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011	Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011	PDF
3 Sept 2026, 4:44 pm	Corp. Action Book Closure	Book Closure For The Purpose Of 26TH Annual General Meeting	PDF

₹ Cr	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	17	-3	33	25	-22	13	29	-40	-29
	7	-8	18	-8	32	-2	-23	31	-5
	-25	14	-52	-17	-10	0	-4	5	31
Net cash flow	0	3	-2	-1	0	11	2	-4	-2
Free cash flow	4	-17	33	24	-22	13	3	-42	-32
CFO / Operating profit %	—	-395.2%	—	—	—	—	260.7%	-122.1%	-50.4%

Leverage
Current ratio	9.91	39.96	5.74	50.43	2.61	1.84	1.84	2.69

Return ratios
Return on assets %	1.4%	1.4%	-1.5%	-0.1%	-2.2%	5.8%	4.7%	7.9%

Nila Spaces Limited

Nila Spaces Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Credit ratings

Events

1

Announcements

No fund holdings on record

Not in the F&O segment

1

Announcements

Annual reports

Credit ratings

Compounded sales growth

Compounded profit growth

Stock price CAGR

Return on equity

Working capital
Receivable days	13	2	3	43	18	3	3	2

Nila Spaces Limited

Nila Spaces Limited

About

Key insights

Key risks

Growth drivers

Risk & technicals

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Ratios

Ratio timeline

Shareholding

Quarterly record

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Credit ratings

Events

Board meetings1

Announcements

No fund holdings on record

Not in the F&O segment

Board meetings1

Announcements

Annual reports

Credit ratings

Ratio timeline

Quarterly record

Bulk & block deals

Board and management

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Stock price CAGR

Return on equity

1

1