Nimbus Projects Ltd

Nimbus Projects Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Nimbus Projects Ltd

₹ 53.7 -4.99%
03 May - close price
nimbusgroup.net; www.nimbusprojectsltd.com BSE: 511714
About

Incorporated in 1993, Nimbus Projects Ltd
is in the business of developing real estate
projects for residential, commercial, and retail purposes[1]

Key Points

Business Overview:[1]
Company is engaged in the construction of
residential flats through Special Purpose
Vehicles (SPVs) and these SPVs have
been allotted plots of land on long term
lease, under Builders Residential Scheme
of the New Okhala Industrial Development
Authority (NOIDA), Greater Noida Industrial Development Authority (GNIDA), and Yamuna Expressway Authority (YEA). The total lease
hold area allotted to the Company along with SPVs is around 2,65,000 sq. meters and the projects are under various stages of construction

Website BSE
  • Market Cap ₹ 58.2 Cr.
  • Current Price ₹ 53.7
  • High / Low ₹ 60.2 / 28.0
  • Stock P/E
  • Book Value ₹ -16.2
  • Dividend Yield 0.00 %
  • ROCE %
  • ROE %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company has reduced debt.

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -20.9% over past five years.
  • Debtor days have increased from 65.9 to 116 days.
  • Company's cost of borrowing seems high
  • Promoter holding has decreased over last 3 years: -23.4%
  • Working capital days have increased from 2,825 days to 4,901 days

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Realty Industry: Construction

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
0.26 0.26 0.27 0.25 2.74 0.61 0.24 0.24 1.25 0.54 0.68 0.28 0.02
4.57 4.06 2.81 2.02 -0.65 2.50 0.72 2.20 1.39 3.64 1.99 1.27 2.24
Operating Profit -4.31 -3.80 -2.54 -1.77 3.39 -1.89 -0.48 -1.96 -0.14 -3.10 -1.31 -0.99 -2.22
OPM % -1,657.69% -1,461.54% -940.74% -708.00% 123.72% -309.84% -200.00% -816.67% -11.20% -574.07% -192.65% -353.57% -11,100.00%
0.42 0.51 0.43 0.57 19.12 2.07 27.80 -0.17 9.59 0.80 3.33 0.12 0.42
Interest 1.08 0.94 1.11 1.19 1.14 1.05 1.18 1.07 1.26 6.45 1.24 1.24 1.33
Depreciation 0.08 0.08 0.07 0.07 0.07 0.07 0.06 0.06 0.06 0.06 0.05 0.05 0.05
Profit before tax -5.05 -4.31 -3.29 -2.46 21.30 -0.94 26.08 -3.26 8.13 -8.81 0.73 -2.16 -3.18
Tax % 0.20% -0.93% 0.61% 1.63% 2.44% 9.57% 0.00% 0.00% 1.35% 0.45% 38.36% -7.41% 1.26%
-5.05 -4.35 -3.27 -2.42 20.78 -0.85 26.08 -3.26 8.02 -8.77 0.45 -2.32 -3.14
EPS in Rs -6.79 -5.85 -3.02 -2.23 19.17 -0.78 24.06 -3.01 7.40 -8.09 0.42 -2.14 -2.90
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
22 17 8 8 7 5 10 5 4 2 2
18 23 11 35 15 22 9 24 7 4 9
Operating Profit 4 -6 -4 -28 -8 -17 1 -19 -3 -1 -8
OPM % 18% -33% -49% -350% -107% -364% 6% -419% -73% -55% -501%
3 3 1 4 5 4 49 2 22 34 5
Interest 2 0 1 5 8 9 27 4 4 10 10
Depreciation 1 1 1 1 1 0 0 0 0 0 0
Profit before tax 4 -4 -5 -29 -11 -22 23 -22 15 22 -13
Tax % 50% -16% -2% -0% -1% -1% 4% -1% 3% 0%
2 -4 -5 -31 -11 -22 22 -22 14 22 -14
EPS in Rs 2.51 -5.49 -6.53 -41.41 -15.29 -29.28 29.83 -29.85 13.14 20.37 -12.71
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -20%
5 Years: -21%
3 Years: -38%
TTM: -35%
Compounded Profit Growth
10 Years: 26%
5 Years: 30%
3 Years: -5%
TTM: -146%
Stock Price CAGR
10 Years: 3%
5 Years: 35%
3 Years: 22%
1 Year: 35%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 7 7 7 7 7 7 7 7 11 11 11
Reserves 75 88 3 50 39 -63 -41 -63 -49 -27 -28
Preference Capital 16 20 20 0 0 0 0 0 0 0
13 15 4 2 13 7 5 8 7 4 4
26 44 106 78 87 176 123 127 128 129 134
Total Liabilities 121 155 120 138 146 128 94 79 97 117 120
7 8 6 6 6 5 5 4 4 4 3
CWIP 0 0 0 0 0 0 0 0 0 0 0
Investments 52 49 82 100 105 90 60 49 67 80 86
62 98 33 32 36 33 30 26 26 34 31
Total Assets 121 155 120 138 146 128 94 79 97 117 120

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-84 -7 9 23 1 7 4 -1 2 3
-18 1 -23 5 -10 -0 -0 -3 -1 1
76 24 2 -28 10 -8 -3 2 -0 -4
Net Cash Flow -25 17 -12 -0 1 -1 1 -1 0 1

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 218 274 102 108 51 53 13 36 46 116
Inventory Days 887 776 2,011
Days Payable 52 46 140
Cash Conversion Cycle 1,053 1,005 1,974 108 51 53 13 36 46 116
Working Capital Days 822 821 1,244 1,151 1,327 1,652 885 1,592 1,983 4,901
ROCE % -3% -50% -7% -246%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
74.75% 51.30% 51.30% 51.30% 51.30% 51.30% 51.30% 51.30% 51.30% 51.30% 51.30% 51.30%
25.25% 48.70% 48.70% 48.70% 48.70% 48.70% 48.71% 48.71% 48.71% 48.70% 48.70% 48.72%
No. of Shareholders 1,9881,9871,9922,0042,0332,0432,0532,0452,0462,0592,0662,103

Documents

Announcements

Annual reports