Nila Spaces

Ahmedabad, India Founded: 2000 • Age: 26 yrs Listed
Residential properties are developed in Ahmedabad, India, since 2000.
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About Nila Spaces

Nila Spaces is a publicly listed company based in Ahmedabad (India) founded in 2000. Residential properties are developed in Ahmedabad, India, since 2000. The company has 17 employees. Its Indian entity Nila Spaces Limited reported revenue of ₹198 Cr. Its focus areas include Real Estate and Construction, Real Estate & Infrastructure Developers and Residential. Similar companies include Arkade, Shriram Properties and Puravankara; 2 of its 3 listed similar companies have raised funding.

Company details

Nila Spaces was established in 2000 in Ahmedabad, India, within the real estate sector. Residential properties are developed by the company, with operations focused on property construction and management. Services encompass planning, building, and delivery of housing projects. Activities are conducted primarily in the Indian market, utilizing the domain nilaspaces.com for information dissemination. The companys efforts contribute to urban residential expansion in the region.

  • Headquarters Ahmedabad, India
  • Employees 17
  • Stage Public
  • Sectors
    Real Estate & Construction
  • Website nilaspaces.com
  • Social X Facebook Instagram
  • Legal Name Nila Spaces Ltd.
Operational Areas
Real Estate & Construction → Real Estate Developers & Builders
Key Metrics
  • Market Cap
    ₹432 Cr

    NILASPACES · NSE

  • Share Price
    ₹10.38

    -5.29% today

  • Revenue
    ₹185 Cr

    FY 2025-26 · +36.2% YoY

  • EBITDA
    ₹57.39 Cr

    Margin 31.0%

  • Net Profit
    ₹28.54 Cr

    FY 2025-26 · +105.5% YoY

  • P/E (TTM)
    13.7x

    P/B 2.5x

  • Employee Count
    17

Board of directors of Nila Spaces Limited (Nila Spaces)

Nila Spaces Limited is the primary company behind Nila Spaces. The boards of the 2 registered companies of Nila Spaces currently have 7 directors; the longest-serving is Deep Shaileshbhai Vadodaria, appointed in 2017. 11 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Deep Shaileshbhai Vadodaria
DIN 01284293
Whole-time director12 Oct 20179 yrsNila Spaces Limited
Anand Bholabhai Patel
DIN 07272892
Director19 Jun 20188 yrs 4 moNila Spaces Limited
Rajal Bhanukumar Mehta
DIN 08182658
Director19 Jul 20188 yrs 3 moNila Spaces Limited
Prashant Himatbhai Sarkhedi
DIN 00417386
Designated Partner29 Nov 20196 yrs 11 moBagmar Nila Projects (Udaipur) Llp, Nila Spaces Limited
Mahesh Pukhras Bagmar
DIN 01812700
Designated Partner29 Nov 20196 yrs 11 moBagmar Nila Projects (Udaipur) Llp
Shrinjay Joshi
DIN 08692453
Director10 Feb 20206 yrs 8 moNila Spaces Limited
Kruti Manan Shah
DIN 07827540
Director26 Aug 20233 yrs 2 moNila Spaces Limited

IPO & Listings of Nila Spaces

Nila Spaces is a publicly listed company on the NSE with ticker symbol NILASPACES in India, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date28 Dec 2018
  • Listed onNSE: NILASPACES · BSE: 542231
  • Listed entityNila Spaces Ltd.
  • Exchange sectorConsumer durables
  • ISININE00S901012
  • Share price₹11.13 (-0.27% on the day) · 2026-10-14
  • Market capitalisation₹441 Cr
  • Price to earnings14.1
  • EPS (diluted, trailing year)₹0.79
  • Volume (last session)137,399

Financials of Nila Spaces

Exchange-reported figures of Nila Spaces Limited, the listed company behind Nila Spaces (NSE: NILASPACES).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹185 Cr
+36.2% YoY
EBITDA
₹57.39 Cr
+73.2% YoY
Profit After Tax
₹28.54 Cr
+105.5% YoY
Net Worth
-
Total Assets
-
Total Debt
-

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue18513690.711.015.3345.1287.65
Revenue growth+36.2%+49.7%+8881.2%-81.1%-88.2%-48.5%-
EBITDA57.3933.1310.86(8.27)(3.07)1.872.43
EBITDA margin+31.0%+24.4%+12.0%-818.8%-57.6%+4.1%+2.8%
Profit before tax39.8920.4715.98(5.61)0.660.78(0.70)
Net profit28.5413.8913.42(4.24)(0.16)(2.39)1.29
Net profit margin+15.4%+10.2%+14.8%-419.8%-3.0%-5.3%+1.5%
EPS (₹)0.730.370.34(0.10)0.00(0.06)0.05
Balance sheet
Total assets-168131119122128144
Net worth-155128114118118121
Total debt-9.741.090.000.009.6022.63
Cash & bank-9.4029.8211.670.720.351.09
Net working capital-13896.0397.7110897.38110
Cash flow
Cash from operations-(40.47)49.7613.13(21.84)24.6833.92
Cash from investing-30.97(43.98)(2.22)32.13(8.06)24.69
Cash from financing-5.18(3.68)0.00(9.93)(17.36)(60.14)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue46.6749.8052.2042.1840.8339.7633.0231.91
Revenue growth (YoY)+14.3%+25.3%+58.1%+32.2%+31.2%---
Other income3.232.663.314.552.432.122.052.81
EBITDA18.0517.4018.019.8812.0910.129.097.66
EBITDA margin+38.7%+34.9%+34.5%+23.4%+29.6%+25.5%+27.5%+24.0%
Depreciation1.471.381.391.361.321.311.321.30
Interest8.316.677.905.335.094.594.633.85
Profit before tax11.5012.0112.037.748.116.345.195.32
Tax2.902.623.862.402.261.661.441.64
Net profit8.609.398.175.345.854.683.753.68
EPS (₹)0.210.240.200.140.150.120.100.09
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue16313690.711.015.3345.1287.65
Revenue growth+19.8%+49.7%+8881.2%-81.1%-88.2%-48.5%-
EBITDA53.8533.4110.98(8.22)(3.21)1.952.64
EBITDA margin+33.1%+24.6%+12.1%-813.9%-60.2%+4.3%+3.0%
Profit before tax36.9121.209.32(5.56)1.903.582.34
Net profit26.5915.206.76(4.19)1.090.294.13
Net profit margin+16.3%+11.2%+7.5%-414.9%+20.5%+0.6%+4.7%
EPS (₹)0.680.390.17(0.10)0.030.010.13
Balance sheet
Total assets-149133128131136148
Net worth-145130123127126125
Total debt-0.861.090.000.009.6022.63
Cash & bank-9.3729.8211.670.720.351.09
Net working capital-11796.0397.7110896.85110
Cash flow
Cash from operations-52.9042.9813.13(21.84)24.6833.92
Cash from investing-(41.44)(37.19)(2.22)32.13(8.06)24.68
Cash from financing-(15.81)(3.68)0.00(9.93)(17.36)(60.14)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue39.1138.9340.7742.1840.8339.7633.0231.91
Revenue growth (YoY)-4.2%-2.1%+23.5%+32.2%+31.2%---
Other income3.112.583.244.472.352.082.052.79
Total expenses23.7224.3725.6030.2128.6729.6223.9124.02
EBITDA15.3914.5615.1711.9712.1610.149.117.89
EBITDA margin+39.4%+37.4%+37.2%+28.4%+29.8%+25.5%+27.6%+24.7%
Depreciation1.471.381.391.361.321.311.321.30
Interest7.256.477.135.664.874.084.633.85
Profit before tax9.789.299.899.428.326.835.215.53
Tax2.472.063.062.872.321.861.441.64

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 30 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue46.6749.8052.2042.1840.8339.7633.0231.91
Revenue growth (YoY)+14.3%+25.3%+58.1%+32.2%+31.2%---
Other income3.232.663.314.552.432.122.052.81
EBITDA18.0517.4018.019.8812.0910.129.097.66
EBITDA margin+38.7%+34.9%+34.5%+23.4%+29.6%+25.5%+27.5%+24.0%
Depreciation1.471.381.391.361.321.311.321.30
Interest8.316.677.905.335.094.594.633.85
Profit before tax11.5012.0112.037.748.116.345.195.32
Tax2.902.623.862.402.261.661.441.64
Net profit8.609.398.175.345.854.683.753.68
EPS (₹)0.210.240.200.140.150.120.100.09
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue18513690.711.015.3345.1287.65
Revenue growth+36.2%+49.7%+8881.2%-81.1%-88.2%-48.5%-
Other income12.948.5811.112.774.153.343.33
Total expenses12810379.859.288.4043.2585.22
Employee cost0.001.652.241.641.180.881.02
EBITDA57.3933.1310.86(8.27)(3.07)1.872.43
EBITDA margin+31.0%+24.4%+12.0%-818.8%-57.6%+4.1%+2.8%
Depreciation5.465.161.220.110.150.160.23
Interest24.9816.084.770.000.274.276.23
Profit before tax39.8920.4715.98(5.61)0.660.78(0.70)
Tax11.135.802.56(1.55)0.773.17(2.75)
Net profit28.5413.8913.42(4.24)(0.16)(2.39)1.29
Net profit margin+15.4%+10.2%+14.8%-419.8%-3.0%-5.3%+1.5%
EPS (₹)0.730.370.34(0.10)0.00(0.06)0.05
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital-52.0039.3939.3939.3939.3939.39
Reserves & surplus-10388.1974.7978.8478.9581.30
Shareholders' funds (net worth)-155128114118118121
Minority interest-(0.05)0.000.000.000.000.00
Secured loans-0.110.180.000.009.6022.63
Unsecured loans-9.630.910.000.000.000.00
Total debt-9.741.090.000.009.6022.63
Total liabilities-168131119122128144
Assets
Gross block-32.6333.387.277.348.888.00
Net block-26.0131.716.856.918.477.75
Capital work in progress-0.000.000.000.000.000.00
Investments-0.840.859.636.6122.0722.15
Inventories-19792.7898.7669.5861.7572.27
Sundry debtors-1.040.630.050.630.330.57
Cash & bank balances-9.4029.8211.670.720.351.09
Loans & advances-72.8871.6049.6939.0055.3839.23
Total current assets-281195160110118113
Total current liabilities-14398.8062.462.1820.432.82
Net working capital-13896.0397.7110897.38110
Total assets-168131119122128144
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash-13.7211.620.720.351.092.63
Net cash from operating activities-(40.47)49.7613.13(21.84)24.6833.92
Net cash from investing activities-30.97(43.98)(2.22)32.13(8.06)24.69
Net cash from financing activities-5.18(3.68)0.00(9.93)(17.36)(60.14)
Net change in cash-(4.32)2.1010.900.37(0.74)(1.54)
Closing cash-9.4029.8211.670.720.351.09
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+36.2%+49.7%+8881.2%-81.1%-88.2%-48.5%-
EBITDA growth+73.2%+205.1%+231.3%-169.4%-264.2%-23.1%-
PBT growth+94.9%+28.1%+9998.0%--15.4%+9998.0%-
Net income growth+105.5%+3.5%+416.5%-2550.0%+93.3%-285.3%-
Revenue CAGR (3Y)+467.9%+194.3%+26.2%-77.4%-17.5%+31.6%+45.3%
EBITDA CAGR (3Y)--+79.8%----37.3%
Profitability & leverage
Net income margin+15.5%+10.8%+14.8%-402.0%-2.1%-5.3%+2.3%
Return on capital employed-+24.5%+16.6%0.0%+0.5%+3.7%+2.6%
Return on net worth-+10.9%+11.1%0.0%-0.1%-2.0%+1.1%
Debt / equity-0.040.000.000.040.130.41
Long-term debt / equity-0.010.000.000.040.130.41
Interest cover48.1057.4949.480.00-8.39249.71283.18
Efficiency & per share
Fixed asset turnover-4.114.460.140.665.358.25
Inventory turnover-0.940.950.010.080.670.89
Debtors turnover-162.63266.792.9711.10100.27194.78
EPS (₹)0.730.370.34(0.10)0.00(0.06)0.05
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.003.613.242.903.003.003.06
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue39.1138.9340.7742.1840.8339.7633.0231.91
Revenue growth (YoY)-4.2%-2.1%+23.5%+32.2%+31.2%---
Other income3.112.583.244.472.352.082.052.79
Total expenses23.7224.3725.6030.2128.6729.6223.9124.02
EBITDA15.3914.5615.1711.9712.1610.149.117.89
EBITDA margin+39.4%+37.4%+37.2%+28.4%+29.8%+25.5%+27.6%+24.7%
Depreciation1.471.381.391.361.321.311.321.30
Interest7.256.477.135.664.874.084.633.85
Profit before tax9.789.299.899.428.326.835.215.53
Tax2.472.063.062.872.321.861.441.64
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue16313690.711.015.3345.1287.65
Revenue growth+19.8%+49.7%+8881.2%-81.1%-88.2%-48.5%-
Other income12.648.534.332.775.536.066.16
Total expenses10910279.739.238.5443.1785.01
Employee cost0.001.652.241.641.181.191.20
EBITDA53.8533.4110.98(8.22)(3.21)1.952.64
EBITDA margin+33.1%+24.6%+12.1%-813.9%-60.2%+4.3%+3.0%
Depreciation5.465.161.220.110.150.160.23
Interest24.1215.584.770.000.274.276.23
Profit before tax36.9121.209.32(5.56)1.903.582.34
Tax10.326.002.56(1.55)0.603.29(2.70)
Net profit26.5915.206.76(4.19)1.090.294.13
Net profit margin+16.3%+11.2%+7.5%-414.9%+20.5%+0.6%+4.7%
EPS (₹)0.680.390.17(0.10)0.030.010.13
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital-39.3939.3939.3939.3939.3939.39
Reserves & surplus-10690.4083.6687.6686.3686.04
Shareholders' funds (net worth)-145130123127126125
Secured loans-0.110.180.000.009.6022.63
Unsecured loans-0.750.910.000.000.000.00
Total debt-0.861.090.000.009.6022.63
Total liabilities-149133128131136148
Assets
Gross block-32.6233.387.277.348.888.00
Net block-26.0031.716.856.918.477.75
Capital work in progress-0.000.000.000.000.000.00
Investments-3.073.0618.5015.4229.6526.94
Inventories-10392.7898.7669.5861.7572.27
Sundry debtors-1.040.630.050.630.330.57
Cash & bank balances-9.3729.8211.670.720.351.09
Loans & advances-14571.6049.6939.0054.8539.17
Total current assets-258195160110117113
Total current liabilities-14198.8062.462.1820.432.82
Net working capital-11796.0397.7110896.85110
Total assets-149133128131136148
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash-13.7211.620.720.351.092.63
Net cash from operating activities-52.9042.9813.13(21.84)24.6833.92
Net cash from investing activities-(41.44)(37.19)(2.22)32.13(8.06)24.68
Net cash from financing activities-(15.81)(3.68)0.00(9.93)(17.36)(60.14)
Net change in cash-(4.35)2.1010.900.37(0.74)(1.54)
Closing cash-9.3729.8211.670.720.351.09
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+19.8%+49.7%+8881.2%-81.1%-88.2%-48.5%-
EBITDA growth+61.2%+204.3%+233.6%-156.1%-264.6%-26.1%-
PBT growth+74.1%+127.5%+9998.0%--46.9%+53.0%-21.7%
Net income growth+74.9%+124.9%+261.3%-484.4%+275.9%-93.0%-
Revenue CAGR (3Y)+444.1%+194.3%+26.2%-77.4%-17.9%+31.6%+45.3%
EBITDA CAGR (3Y)--+77.9%--+71.0%-36.8%
Profitability & leverage
Net income margin+16.3%+11.2%+7.5%-397.0%+24.4%+0.6%+5.8%
Return on capital employed-+26.1%+10.8%-4.3%+1.4%+5.5%+4.3%
Return on net worth-+11.1%+5.4%-3.2%+0.9%+0.2%+3.4%
Debt / equity-0.010.000.000.040.130.40
Long-term debt / equity-0.010.000.000.040.130.40
Interest cover49.8555.1548.870.00-8.04238.55258.51
Efficiency & per share
Fixed asset turnover-4.124.460.140.665.358.25
Inventory turnover-1.390.950.010.080.670.89
Debtors turnover-162.63266.792.9711.10100.27194.78
EPS (₹)0.680.390.17(0.10)0.030.010.13
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.003.683.303.123.233.193.18

Similar companies to Nila Spaces

Nila Spaces has 3 listed similar companies in our database, 2 of them funded. They include Arkade, Shriram Properties and Puravankara.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
Arkade
arkade.in1984Mumbai, India$2.39M98
Residential properties are developed by Arkade in Mumbai, India.
Shriram Properties
shriramproperties.com1995Bengaluru, India$641.31M1,620
Residential properties are developed in mid-market and affordable segments.
Puravankara
puravankara.com1975Bengaluru, India940
Residential and commercial properties are developed across various segments.
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Web traffic of Nila Spaces

The website of Nila Spaces (nilaspaces.com) receives about 1.8K visits a month.

  • Monthly visits
    1.8K

    ▼ 8.1% vs previous month

Top companies in Real Estate Developers & Builders

3 companies that operate in the same segment as Nila Spaces (Real Estate Developers & Builders) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Isprava
Developer of luxury residential properties
1992Mumbai, Maharashtra, IndiaUSD 158.42 MUSD 55.39 M1,046
Godrej Properties
Residential and commercial properties are developed by Godrej Properties.
1990Mumbai, Maharashtra, IndiaUSD 546.88 M6,030
Oberoi Realty
Premium residential building development services are provided.
1980Mumbai, Maharashtra, IndiaUSD 152.4 MUSD 658.36 M1,480
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Related news about Nila Spaces

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Outlook Business • 2 months ago
Nila Spaces consolidated net profit rises 44.54% in the June 2026 quarter | Capital Market News - Business Standard
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Nila Spaces Appoints Deep S Vadodaria As Chairman And Managing Director
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Nila Spaces consolidated net profit rises 128.91% in the June 2025 quarter | Capital Market News - Business Standard
Business Standard • 1 year ago
Nila Spaces standalone net profit rises 134.38% in the June 2025 quarter | Capital Market News - Business Standard
Business Standard • 1 year ago
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Business-News-Today • 2 years ago
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Frequently Asked Questions about Nila Spaces

Nila Spaces was founded in 2000.

Nila Spaces is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.

Nila Spaces has 17 employees.

The primary company behind Nila Spaces, Nila Spaces Limited, reported revenue of ₹198 Cr for FY 2026, up 36% year on year.

Nila Spaces was established in 2000 in Ahmedabad, India, within the real estate sector. Residential properties are developed by the company, with operations focused on property construction and management. Services encompass planning, building, and delivery of housing projects. Activities are conducted primarily in the Indian market, utilizing the domain nilaspaces.com for information dissemination. The companys efforts contribute to urban residential expansion in the region.

Nila Spaces's top competitors include Arkade, Puravankara and Shriram Properties.

Yes, Nila Spaces is publicly traded on NSE under the ticker symbol NILASPACES.

Nila Spaces is associated with 2 legal entities: Nila Spaces Limited, Bagmar Nila Projects (Udaipur) Llp.

The legal entities of Nila Spaces currently have 8 directors, including Prashant Himatbhai Sarkhedi, Mahesh Pukhras Bagmar, Anand Bholabhai Patel and others.

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