New Risk • Jun 29
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 31% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Market cap is less than US$100m (₹4.35b market cap, or US$46.0m). Reported Earnings • May 29
Full year 2026 earnings released: ₹45.55 loss per share (vs ₹58.07 profit in FY 2025) Full year 2026 results: ₹45.55 loss per share (down from ₹58.07 profit in FY 2025). Revenue: ₹2.42b (up 36% from FY 2025). Net loss: ₹682.0m (down 208% from profit in FY 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 158 percentage points per year, which is a significant difference in performance. Annuncio • May 19
Nimbus Projects Limited to Report Q4, 2026 Results on May 27, 2026 Nimbus Projects Limited announced that they will report Q4, 2026 results on May 27, 2026 Reported Earnings • Feb 11
Third quarter 2026 earnings released: ₹21.34 loss per share (vs ₹10.97 loss in 3Q 2025) Third quarter 2026 results: ₹21.34 loss per share (further deteriorated from ₹10.97 loss in 3Q 2025). Net loss: ₹409.5m (loss widened 244% from 3Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 141 percentage points per year, which is a significant difference in performance. Annuncio • Jan 31
Nimbus Projects Limited to Report Q3, 2026 Results on Feb 10, 2026 Nimbus Projects Limited announced that they will report Q3, 2026 results on Feb 10, 2026 New Risk • Nov 18
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 0.5% per year over the past 5 years. Shareholders have been substantially diluted in the past year (78% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (₹5.52b market cap, or US$62.3m). Reported Earnings • Nov 18
Second quarter 2026 earnings released: EPS: ₹18.43 (vs ₹21.37 in 2Q 2025) Second quarter 2026 results: EPS: ₹18.43 (down from ₹21.37 in 2Q 2025). Net income: ₹174.6m (down 25% from 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 85% per year, which means it is well ahead of earnings. Annuncio • Nov 04
Nimbus Projects Limited to Report Q2, 2026 Results on Nov 14, 2025 Nimbus Projects Limited announced that they will report Q2, 2026 results at 12:15 PM, Indian Standard Time on Nov 14, 2025 Annuncio • Aug 13
Nimbus Projects Limited, Annual General Meeting, Sep 23, 2025 Nimbus Projects Limited, Annual General Meeting, Sep 23, 2025, at 12:30 Indian Standard Time. Reported Earnings • Aug 13
First quarter 2026 earnings released: ₹32.82 loss per share (vs ₹10.82 loss in 1Q 2025) First quarter 2026 results: ₹32.82 loss per share (further deteriorated from ₹10.82 loss in 1Q 2025). Net loss: ₹287.9m (loss widened 146% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 76% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Aug 11
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹214, the stock trades at a trailing P/E ratio of 6.5x. Average trailing P/E is 33x in the Real Estate industry in India. Total returns to shareholders of 468% over the past three years. New Risk • Aug 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (69% accrual ratio). Shareholders have been substantially diluted in the past year (78% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Market cap is less than US$100m (₹4.14b market cap, or US$47.3m). Annuncio • Aug 02
Nimbus Projects Limited to Report Q1, 2026 Results on Aug 12, 2025 Nimbus Projects Limited announced that they will report Q1, 2026 results on Aug 12, 2025 Reported Earnings • Jun 02
Full year 2025 earnings released: EPS: ₹58.75 (vs ₹0.01 in FY 2024) Full year 2025 results: EPS: ₹58.75 (up from ₹0.01 in FY 2024). Revenue: ₹2.30b (up ₹2.24b from FY 2024). Net income: ₹636.8m (up ₹636.6m from FY 2024). Profit margin: 28% (up from 0.2% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 85% per year, which means it is well ahead of earnings. New Risk • May 24
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 78% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.4x net interest cover). Negative equity (-₹43m). Shareholders have been substantially diluted in the past year (78% increase in shares outstanding). Revenue is less than US$1m (₹64m revenue, or US$749k). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (₹4.69b market cap, or US$55.1m). Annuncio • May 22
Nimbus Projects Limited to Report Q4, 2025 Results on May 30, 2025 Nimbus Projects Limited announced that they will report Q4, 2025 results on May 30, 2025 Annuncio • May 15
Nimbus Projects Limited (BSE:511714) completed the acquisition of Gupta Fincaps Private Limited, Urvashi Finvest Private Limited, Intellectual Securities Private Limited, Happy Graphics and Exhibition Private Limited, Link Vanijya Private Limited, Dynamo Infracon Private Limited, Pushpak Trading & Consultancy Private Limited, Mokha Vyapaar Private Limited , Padma Estates Private Limited. Nimbus Projects Limited (BSE:511714) agreed to acquire Gupta Fincaps Private Limited, Urvashi Finvest Private Limited, Intellectual Securities Private Limited, Happy Graphics and Exhibition Private Limited, Link Vanijya Private Limited, Dynamo Infracon Private Limited, Pushpak Trading & Consultancy Private Limited, Mokha Vyapaar Private Limited , Padma Estates Private Limited on February 20, 2024.
The transaction is subject to approval of offer by acquirer shareholders and statutory approval. Shareholder of Nimbus Projects Limited approved the deal on May 25, 2024.
The Hon’ble Tribunal having relevant jurisdiction over Intellectual Securities Private Limited, Happy Graphics and Exhibition Private Limited, Link Vanijya Private Limited, Pushpak Trading & Consultancy Private Limited, Mokha Vyapaar Private Limited and Padma Estates Private Limited basis its hearing dated March 28, 2025 issued an Order sanctioning the acquisition on April 7, 2025.
Nimbus Projects Limited (BSE:511714) completed the acquisition of Gupta Fincaps Private Limited, Urvashi Finvest Private Limited, Intellectual Securities Private Limited, Happy Graphics and Exhibition Private Limited, Link Vanijya Private Limited, Dynamo Infracon Private Limited, Pushpak Trading & Consultancy Private Limited, Mokha Vyapaar Private Limited , Padma Estates Private Limited on May 14,2025 Annuncio • Mar 31
Nimbus Projects Limited Announces Appointment of Sahil Agarwal as A Non-Executive Non-Independent Director, Effective March 29, 2025 The board of directors of Nimbus Projects Limited have approved the appointment of Mr. Sahil Agarwal as a Non-Executive Non-Independent Director of the Company, liable to retire by rotation, with effect from March 29, 2025. Mr. Sahil Agarwal (Aged: 33 years) had done his Bachelor of Business Administration, from Amity University (UP). He has completed his Business Management Program from California State University, San Bernardino. He has an exposure of more than 5 years in real estate, loans and investment activities (NBFC sector). He has also a broad knowledge of international market. His dedication to his field and ability to adapt in Real estate business makes him a valuable asset to the Company as a Director. Valuation Update With 7 Day Price Move • Mar 13
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹252, the stock trades at a trailing P/E ratio of 59.9x. Average trailing P/E is 32x in the Real Estate industry in India. Total returns to shareholders of 438% over the past three years. Reported Earnings • Feb 11
Third quarter 2025 earnings released: ₹10.97 loss per share (vs ₹2.90 loss in 3Q 2024) Third quarter 2025 results: ₹10.97 loss per share (further deteriorated from ₹2.90 loss in 3Q 2024). Revenue: ₹19.1m (up ₹18.9m from 3Q 2024). Net loss: ₹118.9m (loss widened 278% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 145 percentage points per year, which is a significant difference in performance. Annuncio • Feb 01
Nimbus Projects Limited to Report Q3, 2025 Results on Feb 10, 2025 Nimbus Projects Limited announced that they will report Q3, 2025 results on Feb 10, 2025 Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹230, the stock trades at a trailing P/E ratio of 18.7x. Average trailing P/E is 36x in the Real Estate industry in India. Total returns to shareholders of 736% over the past three years. Reported Earnings • Nov 11
Second quarter 2025 earnings released: EPS: ₹21.37 (vs ₹2.14 loss in 2Q 2024) Second quarter 2025 results: EPS: ₹21.37 (up from ₹2.14 loss in 2Q 2024). Revenue: ₹352.8m (up ₹350.1m from 2Q 2024). Net income: ₹231.6m (up ₹254.8m from 2Q 2024). Profit margin: 66% (up from net loss in 2Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 95% per year, which means it is well ahead of earnings. Annuncio • Oct 31
Nimbus Projects Limited to Report Q2, 2025 Results on Nov 10, 2024 Nimbus Projects Limited announced that they will report Q2, 2025 results at 3:30 PM, Indian Standard Time on Nov 10, 2024 Board Change • Oct 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Non-Executive & Non Independent Director Rajeev Asopa was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • Sep 30
World Resorts Limited agreed to acquire an unknown minority stake in Indogreen International from Nimbus Projects Limited (BSE:511714) for approximately INR 450 million. World Resorts Limited agreed to acquire an unknown minority stake in Indogreen International from Nimbus Projects Limited (BSE:511714) for approximately INR 450 million on September 28, 2024. The transaction is subject to approval of merger agreement by target board. The deal has been approved by the board. Reported Earnings • Aug 14
First quarter 2025 earnings released: ₹10.82 loss per share (vs ₹0.42 profit in 1Q 2024) First quarter 2025 results: ₹10.82 loss per share (down from ₹0.42 profit in 1Q 2024). Net loss: ₹117.3m (down ₹121.8m from profit in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Annuncio • Aug 13
Nimbus Projects Limited, Annual General Meeting, Sep 27, 2024 Nimbus Projects Limited, Annual General Meeting, Sep 27, 2024. Annuncio • Aug 03
Nimbus Projects Limited to Report Q1, 2025 Results on Aug 12, 2024 Nimbus Projects Limited announced that they will report Q1, 2025 results on Aug 12, 2024 New Risk • Jun 15
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 0.4x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.4x net interest cover). Share price has been highly volatile over the past 3 months (12% average weekly change). Negative equity (-₹157m). Revenue is less than US$1m (₹59m revenue, or US$703k). Market cap is less than US$10m (₹466.0m market cap, or US$5.58m). Minor Risk Profit margins are more than 30% lower than last year (0.2% net profit margin). Annuncio • May 24
Nimbus Projects Limited to Report Q4, 2024 Results on May 30, 2024 Nimbus Projects Limited announced that they will report Q4, 2024 results on May 30, 2024 Buy Or Sell Opportunity • May 10
Now 22% undervalued Over the last 90 days, the stock has risen 19% to ₹41.61. The fair value is estimated to be ₹53.46, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 28% over the last 3 years. Meanwhile, the company became loss making. Annuncio • Apr 03
Nimbus Projects Limited Announces Nisha Sarayan Resigns as Company Secretary & Compliance Officer, Effective April 16,2024 Nimbus Projects Limited announced that Ms. Nisha Sarayan (Membership No. A-67145) via her letter dated April 02, 2024 has tendered her resignation from the post of Company Secretary & Compliance Officer of the Company witheffect from April 16, 2024 due to her pre-occupancy in other assignments. Reported Earnings • Feb 13
Third quarter 2024 earnings released: ₹2.90 loss per share (vs ₹7.40 profit in 3Q 2023) Third quarter 2024 results: ₹2.90 loss per share (down from ₹7.40 profit in 3Q 2023). Net loss: ₹31.4m (down 139% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Jan 23
Now 26% undervalued Over the last 90 days, the stock has risen 18% to ₹35.66. The fair value is estimated to be ₹47.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 28% over the last 3 years. Meanwhile, the company became loss making. Buying Opportunity • Jan 18
Now 22% undervalued Over the last 90 days, the stock is up 20%. The fair value is estimated to be ₹48.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 28% over the last 3 years. Meanwhile, the company became loss making. Annuncio • Oct 31
Nimbus Projects Limited to Report Q2, 2024 Results on Nov 06, 2023 Nimbus Projects Limited announced that they will report Q2, 2024 results on Nov 06, 2023 Annuncio • Oct 17
Nimbus Projects Limited (BSE:511714) completed the acquisition of unknown stake in Iitl Nimbus The Palm Village from IITL Projects Limited (BSE:531968). Nimbus Projects Limited (BSE:511714) entered into an agreement to acquire unknown stake in Iitl Nimbus The Palm Village from IITL Projects Limited (BSE:531968) for INR 220 million on August 18, 2023. The board of IITL approved the deal. The transaction is conditional on prior approval of shareholders of IITL Projects and is expected to close on or before March 31, 2024.Nimbus Projects Limited (BSE:511714) completed the acquisition of unknown stake in Iitl Nimbus The Palm Village from IITL Projects Limited (BSE:531968) on October 16, 2023. IITL Projects executed Tripartite Agreement with Nimbus Projects Limited and IITL Nimbus The Palm Village and Supplementary Deed of Admission cum Retirement with Nimbus Projects Limited and Nimbus Propmart Private Limited, whereby IITL Projects Limited is the retiring partner. New Risk • Sep 11
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 6.6% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (6.6% operating cash flow to total debt). Negative equity (-₹157m). High level of non-cash earnings (84% accrual ratio). Revenue is less than US$1m (₹23m revenue, or US$273k). Market cap is less than US$10m (₹434.9m market cap, or US$5.24m). Minor Risk Share price has been volatile over the past 3 months (8.4% average weekly change). Annuncio • Aug 12
Nimbus Projects Limited, Annual General Meeting, Sep 28, 2023 Nimbus Projects Limited, Annual General Meeting, Sep 28, 2023, at 12:30 Indian Standard Time. Annuncio • Aug 03
Nimbus Projects Limited to Report Q1, 2024 Results on Aug 10, 2023 Nimbus Projects Limited announced that they will report Q1, 2024 results on Aug 10, 2023 Annuncio • May 21
Nimbus Projects Limited to Report Q4, 2023 Results on May 29, 2023 Nimbus Projects Limited announced that they will report Q4, 2023 results on May 29, 2023 Reported Earnings • Feb 16
Third quarter 2023 earnings released: EPS: ₹7.40 (vs ₹20.62 in 3Q 2022) Third quarter 2023 results: EPS: ₹7.40 (down from ₹20.62 in 3Q 2022). Revenue: ₹100.2m (up 266% from 3Q 2022). Net income: ₹71.9m (down 65% from 3Q 2022). Profit margin: 72% (down from 759% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Feb 02
Nimbus Projects Limited to Report Q3, 2023 Results on Feb 10, 2023 Nimbus Projects Limited announced that they will report Q3, 2023 results on Feb 10, 2023 Annuncio • Dec 27
Nimbus Projects Limited Appoints Nisha Sarayan as Company Secretary and Compliance Officer The Board of Directors of Nimbus Projects Limited meeting held on December 26, 2022, appointed Ms. Nisha Sarayan as Company Secretary under the category of Key Managerial Personnel (KMPs) pursuant to Section 203 of Companies Act, 2013 and the `Compliance officer' under Regulation 6 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 effective from December 26, 2022. Ms. Nisha Sarayan is an Associate member of Institute of Company Secretaries of India. She has one-year experience in handling core secretarial and corporate affairs of the Company. Prior to this assignment she worked as `Company Secretary' in Capital Infraprojects Private Limited, a Delhi based real estate company. Annuncio • Nov 12
Nimbus Projects Limited Announces Resignation of Surbhi Khanna as Company Secretary & Compliance Officer Nimbus Projects Limited informed that Ms. Surbhi Khanna (Membership No. A-40407) via her letter dated November 11, 2022 has tendered her resignation from the post of Company Secretary & Compliance Officer of the Company with effect from November 28, 2022 due to her pre-occupancy in other assignments. Her resignation has been accepted and she will be relieved from her responsibilities effective November 28, 2022. Her successor will be appointed shortly and the same will be intimated to the Stock Exchange. Annuncio • Nov 05
Nimbus Projects Limited to Report Q2, 2023 Results on Nov 11, 2022 Nimbus Projects Limited announced that they will report Q2, 2023 results on Nov 11, 2022 Valuation Update With 7 Day Price Move • Oct 06
Investor sentiment improved over the past week After last week's 21% share price gain to ₹49.40, the stock trades at a trailing P/E ratio of 3.8x. Average trailing P/E is 28x in the Real Estate industry in India. Total returns to shareholders of 216% over the past three years. Valuation Update With 7 Day Price Move • Sep 21
Investor sentiment improved over the past week After last week's 18% share price gain to ₹43.95, the stock trades at a trailing P/E ratio of 3.3x. Average trailing P/E is 27x in the Real Estate industry in India. Total returns to shareholders of 166% over the past three years. Reported Earnings • Sep 03
Full year 2022 earnings released: EPS: ₹13.88 (vs ₹29.85 loss in FY 2021) Full year 2022 results: EPS: ₹13.88 (up from ₹29.85 loss in FY 2021). Revenue: ₹260.5m (up 464% from FY 2021). Net income: ₹142.4m (up ₹364.4m from FY 2021). Profit margin: 55% (up from net loss in FY 2021). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth. Annuncio • Aug 10
Nimbus Projects Limited, Annual General Meeting, Sep 29, 2022 Nimbus Projects Limited, Annual General Meeting, Sep 29, 2022, at 12:30 Indian Standard Time. Valuation Update With 7 Day Price Move • Aug 04
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹34.30, the stock trades at a trailing P/E ratio of 3.5x. Average trailing P/E is 26x in the Real Estate industry in India. Total returns to shareholders of 99% over the past three years. Annuncio • Aug 03
Nimbus Projects Limited to Report Q1, 2023 Results on Aug 09, 2022 Nimbus Projects Limited announced that they will report Q1, 2023 results on Aug 09, 2022 Valuation Update With 7 Day Price Move • Jun 30
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹38.20, the stock trades at a trailing P/E ratio of 3.9x. Average trailing P/E is 26x in the Real Estate industry in India. Total returns to shareholders of 132% over the past three years. Annuncio • May 26
Nimbus Projects Limited Approves Appointment of Surbhi Khanna as Company Secretary Nimbus Projects Limited appointed Ms. Surbhi Khanna as the Company Secretary under the category of Key Managerial Personnel (KMPs) and Compliance officer with effect from May 25, 2022 pursuant to Section 203 of Companies Act, 2013 and Regulation 6(1) of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Ms. Surbhi Khanna is a Company Secretary having Ms. more than 06 years of experience in handling core secretarial and corporate affairs of the Companies. Valuation Update With 7 Day Price Move • May 25
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹40.75, the stock trades at a trailing P/E ratio of 4.1x. Average trailing P/E is 26x in the Real Estate industry in India. Total returns to shareholders of 237% over the past three years. Annuncio • May 20
Nimbus Projects Limited Announces Resignation of Mr. Sahil Agarwal as Company Secretary & Compliance Officer Nimbus Projects Limited announced the resignation of Mr. Sahil Agarwal as Company Secretary & Compliance Officer with the effect from May 24, 2022 due to his pre-occupancy in other assignments. Annuncio • May 18
Nimbus Projects Limited to Report Q4, 2022 Results on May 25, 2022 Nimbus Projects Limited announced that they will report Q4, 2022 results on May 25, 2022 Valuation Update With 7 Day Price Move • Apr 21
Investor sentiment improved over the past week After last week's 21% share price gain to ₹54.55, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 30x in the Real Estate industry in India. Total returns to shareholders of 349% over the past three years. Valuation Update With 7 Day Price Move • Feb 21
Investor sentiment improved over the past week After last week's 16% share price gain to ₹41.70, the stock trades at a trailing P/E ratio of 4.2x. Average trailing P/E is 32x in the Real Estate industry in India. Total returns to shareholders of 119% over the past three years. Reported Earnings • Feb 14
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹20.62 (up from ₹6.78 loss in 3Q 2021). Net income: ₹207.8m (up ₹258.2m from 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Annuncio • Feb 03
Nimbus Projects Limited to Report Q3, 2022 Results on Feb 11, 2022 Nimbus Projects Limited announced that they will report Q3, 2022 results on Feb 11, 2022 Board Change • Oct 31
High number of new directors Non-Executive & Non Independent Director Rajeev Asopa was the last director to join the board, commencing their role in 2021. Board Change • Sep 08
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Non-Executive Independent Director Debashis Nanda was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Sep 07
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Non-Executive Independent Director Debashis Nanda was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Executive Departure • Sep 07
Non Executive Non Independent Director Lalit Agarwal has left the company On the 2nd of September, Lalit Agarwal's tenure as Non Executive Non Independent Director ended after 1.9 years in the role. We don't have any record of a personal shareholding under Lalit's name. Lalit is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 6.33 years. Reported Earnings • Aug 13
First quarter 2022 earnings released: ₹3.76 loss per share (vs ₹11.89 loss in 1Q 2021) First quarter 2022 results: Net loss: ₹32.1m (loss narrowed 64% from 1Q 2021). Reported Earnings • Jul 02
Full year 2021 earnings released: ₹29.84 loss per share (vs ₹29.83 profit in FY 2020) Full year 2021 results: Net loss: ₹222.0m (down 200% from profit in FY 2020). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Annuncio • Apr 20
Nimbus Projects Limited announced that it expects to receive INR 34 million in funding Nimbus Projects Limited (BSE:511714) announced a private placement of 3,400,000 common shares at an issue price of INR 10 per share for gross proceeds of INR 34,000,000 on April 19, 2021. The company will issue securities at a preferential allotment basis. The shares will be issued at a face value of INR 10 per share. The transaction will include participation from individual investors Vaibhav Aggarwal, Nidhi Aggarwal, Kusum Goel, Vidhu Jain for 525,000 shares each, Neelkanth Khandelwal HUF for 500,000 shares, Gagan Rajiv Khandelwal for 500,000 shares, Pankaj Carg, Nisira Carg and MG Abraham for 100,000 shares each. The transaction has been approved by the board of the directors and is subject to approval from shareholders of the company and regulatory authorities. Is New 90 Day High Low • Mar 02
New 90-day low: ₹17.15 The company is down 40% from its price of ₹28.50 on 02 December 2020. The Indian market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 34% over the same period. Reported Earnings • Feb 17
Third quarter 2021 earnings released: ₹6.78 loss per share (vs ₹2.21 loss in 3Q 2020) Third quarter 2021 results: Net loss: ₹50.5m (loss widened 207% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings. Annuncio • Feb 06
Nimbus Projects Limited to Report Q3, 2021 Results on Feb 13, 2021 Nimbus Projects Limited announced that they will report Q3, 2021 results on Feb 13, 2021 Is New 90 Day High Low • Jan 27
New 90-day low: ₹19.50 The company is down 16% from its price of ₹23.30 on 26 October 2020. The Indian market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 42% over the same period. Is New 90 Day High Low • Jan 11
New 90-day low: ₹22.15 The company is down 10.0% from its price of ₹24.60 on 12 October 2020. The Indian market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 51% over the same period. Is New 90 Day High Low • Dec 23
New 90-day high: ₹32.00 The company is up 36% from its price of ₹23.50 on 21 September 2020. The Indian market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 34% over the same period. Is New 90 Day High Low • Dec 07
New 90-day high: ₹30.90 The company is up 19% from its price of ₹26.00 on 31 August 2020. The Indian market is up 16% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Real Estate industry, which is up 30% over the same period. Reported Earnings • Nov 12
Second quarter 2021 earnings released: ₹5.32 loss per share Second quarter 2021 results: Net loss: ₹39.6m (loss widened 8.5% from 2Q 2020). Annuncio • Aug 23
Nimbus Projects Limited to Report Q1, 2021 Results on Aug 28, 2020 Nimbus Projects Limited announced that they will report Q1, 2021 results on Aug 28, 2020 Annuncio • Jul 17
Nimbus Projects Limited to Report Q4, 2020 Results on Jul 20, 2020 Nimbus Projects Limited announced that they will report Q4, 2020 results on Jul 20, 2020 
