Nila Spaces Ltd

Nila Spaces Ltd

₹ 8.51 1.92%
16 Jul - close price
About

Incorporated in 2000, Nila Spaces
Ltd does development of real estate
comprising of residential and commercial
projects[1]

Key Points

Parent Organisation[1][2][3]
NSL is a part of Ahmedabad based
Sambhaav Group which is in the construction and development business.

  • Market Cap 335 Cr.
  • Current Price 8.51
  • High / Low 11.2 / 2.80
  • Stock P/E 25.0
  • Book Value 3.24
  • Dividend Yield 0.00 %
  • ROCE 17.1 %
  • ROE 11.1 %
  • Face Value 1.00

Pros

  • Company is almost debt free.
  • Company has delivered good profit growth of 36.0% CAGR over last 5 years

Cons

  • Stock is trading at 2.63 times its book value
  • Company has a low return on equity of 2.54% over last 3 years.
  • Earnings include an other income of Rs.11.1 Cr.
  • Company's cost of borrowing seems high

* 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

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
11.74 1.39 2.05 0.88 1.00 1.01 0.00 0.00 0.00 0.00 0.00 58.42 32.29
15.19 1.56 3.38 1.45 1.88 1.22 1.03 2.55 4.13 1.03 1.14 51.11 26.58
Operating Profit -3.45 -0.17 -1.33 -0.57 -0.88 -0.21 -1.03 -2.55 -4.13 -1.03 -1.14 7.31 5.71
OPM % -29.39% -12.23% -64.88% -64.77% -88.00% -20.79% 12.51% 17.68%
0.88 1.04 1.23 0.69 1.05 0.61 0.84 0.63 0.33 0.72 0.98 8.42 0.99
Interest 0.56 0.22 0.00 0.00 0.04 0.00 0.00 0.00 0.00 0.01 -0.01 2.29 2.47
Depreciation 0.04 0.04 0.04 0.04 0.04 0.03 0.03 0.03 0.03 0.03 0.03 0.07 1.09
Profit before tax -3.17 0.61 -0.14 0.08 0.09 0.37 -0.22 -1.95 -3.83 -0.35 -0.18 13.37 3.14
Tax % -1.58% 8.20% -85.71% 0.00% 655.56% 37.84% 36.36% 28.72% 27.68% 28.57% 22.22% 13.01% 30.57%
-3.22 0.56 -0.26 0.07 -0.50 0.23 -0.14 -1.39 -2.77 -0.25 -0.14 11.63 2.18
EPS in Rs -0.08 0.01 -0.01 0.00 -0.01 0.01 -0.00 -0.04 -0.07 -0.01 -0.00 0.30 0.06
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
29 20 9 88 45 5 1 91
19 20 8 85 43 8 9 80
Operating Profit 10 -0 1 2 2 -3 -8 11
OPM % 35% -2% 10% 3% 4% -58% -815% 12%
10 9 8 3 3 4 3 11
Interest 9 6 5 6 4 0 0 5
Depreciation 0 0 0 0 0 0 0 1
Profit before tax 11 2 3 -1 1 1 -6 16
Tax % 36% 38% 6% 399% 401% 118% 28% 16%
7 1 3 2 -2 -0 -4 13
EPS in Rs 0.07 0.05 -0.06 -0.00 -0.10 0.34
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 57%
3 Years: 26%
TTM: 8881%
Compounded Profit Growth
10 Years: %
5 Years: 36%
3 Years: 97%
TTM: 417%
Stock Price CAGR
10 Years: %
5 Years: 38%
3 Years: 58%
1 Year: 154%
Return on Equity
10 Years: %
5 Years: 1%
3 Years: 3%
Last Year: 11%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 0 39 39 39 39 39 39 39
Reserves 143 76 79 81 79 79 75 88
67 57 77 23 10 0 0 1
4 16 17 3 21 6 67 101
Total Liabilities 215 189 212 146 149 124 182 230
0 0 13 8 8 7 7 32
CWIP 0 0 0 0 0 0 0 0
Investments 24 26 29 22 22 7 10 1
191 163 170 116 118 110 165 197
Total Assets 215 189 212 146 149 124 182 230

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0 17 -3 34 25 -22 13 29
0 7 -8 25 -8 32 -2 -23
0 -25 14 -60 -17 -10 0 -4
Net Cash Flow 0 0 3 -2 -1 0 11 2

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 30 7 13 2 3 43 18 3
Inventory Days 517
Days Payable 26
Cash Conversion Cycle 30 7 13 2 3 43 18 494
Working Capital Days 2,362 2,670 5,792 455 785 7,329 31,090 194
ROCE % 5% 5% 3% 4% 1% -5% 17%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
61.90% 61.90% 61.90% 61.90% 61.90% 61.90% 61.90% 61.90% 61.90% 61.90% 61.90% 61.90%
5.67% 5.67% 5.67% 5.67% 5.67% 3.71% 2.79% 2.79% 2.79% 2.51% 2.51% 0.89%
32.43% 32.43% 32.43% 32.43% 32.43% 34.38% 35.30% 35.32% 35.31% 35.59% 35.57% 37.21%
No. of Shareholders 38,63638,75642,36950,13853,73353,63551,73751,77252,70056,36663,73168,566

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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