Nirvana Development's earnings have been declining at an average annual rate of -12.9%, while the Real Estate industry saw earnings declining at 2.1% annually. Revenues have been declining at an average rate of 20.3% per year. Nirvana Development's return on equity is 2.4%, and it has net margins of 9.5%.
Key information
-12.89%
Earnings growth rate
-14.57%
EPS growth rate
Real Estate Industry Growth
8.35%
Revenue growth rate
-20.31%
Return on equity
2.40%
Net Margin
9.50%
Last Earnings Update
31 Mar 2026
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Nirvana Development makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
SET:NVD-R Revenue, expenses and earnings (THB Millions)
Date
Revenue
Earnings
G+A Expenses
R&D Expenses
31 Mar 26
1,425
135
356
0
31 Dec 25
1,623
156
377
0
30 Sep 25
1,261
85
313
0
30 Jun 25
1,216
44
338
0
31 Mar 25
1,434
81
375
0
31 Dec 24
1,447
86
386
0
30 Sep 24
1,480
149
429
0
30 Jun 24
1,702
175
462
0
31 Mar 24
1,851
188
505
0
31 Dec 23
2,022
201
562
0
30 Sep 23
1,847
93
541
0
30 Jun 23
1,717
84
526
0
31 Mar 23
2,006
80
537
0
31 Dec 22
2,609
201
594
0
30 Sep 22
3,106
686
665
0
30 Jun 22
3,334
540
672
0
31 Mar 22
3,370
523
744
0
31 Dec 21
3,022
408
688
0
30 Sep 21
2,800
-164
687
0
30 Jun 21
3,307
27
779
0
31 Mar 21
2,847
-1
661
0
31 Dec 20
2,446
-51
647
0
30 Sep 20
2,422
-31
680
0
30 Jun 20
1,902
-59
674
0
31 Mar 20
2,161
-25
734
0
31 Dec 19
2,707
28
788
0
30 Sep 19
3,394
181
829
0
30 Jun 19
3,469
235
778
0
31 Mar 19
3,304
277
727
0
31 Dec 18
2,955
277
692
0
30 Sep 18
2,269
234
556
0
30 Jun 18
2,209
199
558
0
31 Mar 18
2,412
207
578
0
31 Dec 17
2,558
223
568
0
30 Sep 17
2,772
290
570
0
30 Jun 17
2,260
160
514
0
31 Mar 17
1,878
166
449
0
31 Dec 16
1,348
46
399
0
Quality Earnings: NVD-R has a large one-off gain of THB159.2M impacting its last 12 months of financial results to 31st March, 2026.
Growing Profit Margin: NVD-R's current net profit margins (9.5%) are higher than last year (5.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NVD-R has become profitable over the past 5 years, growing earnings by -12.9% per year.
Accelerating Growth: NVD-R's earnings growth over the past year (66.8%) exceeds its 5-year average (-12.9% per year).
Earnings vs Industry: NVD-R earnings growth over the past year (66.8%) exceeded the Real Estate industry -7.2%.
Return on Equity
High ROE: NVD-R's Return on Equity (2.4%) is considered low.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/07/06 17:06
End of Day Share Price
2026/07/06 00:00
Earnings
2026/03/31
Annual Earnings
2025/12/31
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Nirvana Development Public Company Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.