Nila Spaces Ltd
NSE: NILASPACES BSE: 542231Infra
Incorporated in 2000, Nila Spaces Ltd does development of real estate comprising of residential and commercial projects[1]
₹13.2
52W: ₹10.6 — ₹20.5
PE 19.5 · Book ₹4.35 · +203% vs bookMarket Cap₹518 Cr
Stock P/E19.5Price to Earnings
ROCE32.7%Return on Capital
ROE16.8%Return on Equity
Div. Yield0%Face Value ₹1
Strengths
- +Company has delivered good profit growth of 147% CAGR over last 5 years
Weaknesses
- −Though the company is reporting repeated profits, it is not paying out dividend
- −Company has a low return on equity of 11.5% over last 3 years.
- −Company's cost of borrowing seems high
Shareholding Pattern
Promoters61.9%
FIIs0.05%
DIIs0%
Public38.05%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 61.9% | 61.9% | 61.9% | 61.9% | 61.9% | 61.9% | 61.9% | 61.9% |
| FIIs | 0.9% | 0.85%▼0.1 | 0%▼0.8 | 0% | 0.04%▲0.0 | 0.33%▲0.3 | 0.03%▼0.3 | 0.05%▲0.0 |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 37.2% | 37.26%▲0.1 | 38.09%▲0.8 | 38.1%▲0.0 | 38.05%▼0.1 | 37.77%▼0.3 | 38.07%▲0.3 | 38.05%▼0.0 |
Financial Statements
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 58.42 | 32.29 | 31.11 | 31.91 | 33.02 | 39.76 | 40.83 | 42.18 | 40.77 | 38.93 |
| Expenses | 51.11 | 26.46 | 24.85 | 24.03 | 23.9 | 29.62 | 28.67 | 30.2 | 25.61 | 24.37 |
| Operating Profit | 7.31 | 5.83 | 6.26 | 7.88 | 9.12 | 10.14 | 12.16 | 11.98 | 15.16 | 14.56 |
| OPM % | 12.51% | 18.06% | 20.12% | 24.69% | 27.62% | 25.5% | 29.78% | 28.4% | 37.18% | 37.4% |
| Net Profit | 4.85 | 2.29 | 2.56 | 3.89 | 3.77 | 4.98 | 6 | 6.56 | 6.83 | 7.23 |
| EPS ₹ | 0.12 | 0.06 | 0.06 | 0.1 | 0.1 | 0.13 | 0.15 | 0.17 | 0.17 | 0.18 |
AI Insights
Revenue Trend
Mar 2026 revenue at ₹163Cr, up 19.9% YoY. OPM at 33%.
Debt Position
Borrowings at ₹56Cr. Debt-to-equity ratio: 0.42x. Healthy balance sheet.
Institutional Flow
DIIs: 0% (+0.00pp change). FIIs: 0.05% (-2.74pp change). Promoters hold 61.9%.
Margin & Efficiency
ROCE improving from 0% (Mar 2015) to 33% (Mar 2026). Working capital days: 427.
Valuation
PE 19.5x with 32.7% ROCE. Price is 203% above book value of ₹4.35. Dividend yield: 0%.
Recent Announcements
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 12 May - Postal ballot passed six related party transaction resolutions for FY 2026-27 on 12 May 2026.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 8 May
- Announcement Under Regulation 30 - Appointment Of Internal Auditor & Cost Auditor 7 May - Board approved audited FY26 results and appointed new Whole Time Director and Chairman-Managing Director on 7 May 2026.
- Announcement under Regulation 30 (LODR)-Change in Management 7 May - Board approved FY26 audited results and appointed new Whole Time Director and Chairman-Managing Director on 07 May 2026.
- Board Meeting Outcome for Outcome Of Board Meeting 7 May - Board approved audited FY26 results and appointed Prashant Sarkhedi as WTD, Deep Vadodaria as CMD on 07 May 2026.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse