About Nila Spaces Limited
Data last updated: 21 December 2025
Nila Spaces Limited is a public limited company based in Ahmedabad, Gujarat, India. It specialises in real estate development and construction, a part of the broader real estate and construction sector. Incorporated on 03 May 2000, the company has been in operation for over 26 years.
Registered with ROC Ahmedabad under CIN U64202MH2000PLC126303. Listed on BSE: 542231 and NSE: NILASPACES.
Capital: an authorised share capital of ₹45 Cr and a paid-up capital of ₹39.39 Cr. Formerly known as Gee Tele Network Limited and Parmannday Consultancy Limited. It is led by directors including Rajal Bhanukumar Mehta and Prashant Himatbhai Sarkhedi.
Last AGM: 04 August 2025. Financial statements filed for year ended 31 March 2025. Office: 1St Floor Sambhaav House Opp. Chief Justice Bunglow Bodakdev, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2025, the company reported a revenue of ₹144.38 Cr, a growth of 42% compared to the previous year.
The company has a workforce of approximately 7 employees as per the latest available data.
The company is associated with 1 brand - Nila Spaces. As per MCA filings, the company has open charges of ₹126.82 Cr and satisfied charges of ₹92 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nilaspaces.com.
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Social Media
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Registered Address1St Floor Sambhaav House Opp. Chief Justice Bunglow Bodakdev, Ahmedabad, Gujarat, India – 380015
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IndustryReal Estate and Construction, Real Estate Builders & Developers
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Nila Spaces Limited
Nila Spaces Limited has undergone 5 name changes throughout its history. The current legal name is Nila Spaces Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Nila Spaces Limited | Current |
| Gee Tele Network Limited | Previous |
| Parmannday Consultancy Limited | Previous |
| Parmananday Superstructure Limited | Previous |
| Nila Superstructure Limited | Previous |
CIN History of Nila Spaces Limited
Nila Spaces Limited has 4 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L45100GJ2000PLC083204, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L45100GJ2000PLC083204 | Current |
| U64202MH2000PLC126303 | Previous |
| U45100GJ2000PLC083204 | Previous |
| U64202GJ2000PLC083204 | Previous |
| U93000GJ2000PLC083204 | Previous |
Associated Brands with Nila Spaces Limited
Nila Spaces Limited operates one associated brand: Nila Spaces. These brands represent Nila Spaces Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Residential properties are developed in Ahmedabad, India, since 2000. | nilaspaces.com |
Competitors & Alternatives of Nila Spaces Limited
Brands and companies operating in the same space as Nila Spaces Limited include Arkade, Puravankara, Shriram Properties and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Arkade
|
Residential properties are developed by Arkade in Mumbai, India. | Mumbai, India, India | 1984 |
Puravankara
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Residential and commercial properties are developed across various segments. | Bengaluru, India, India | 1975 |
Shriram Properties
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Residential properties are developed in mid-market and affordable segments. | Bengaluru, India, India | 1995 |
Rohan Builders
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Provider of real estate and infrastructure developer services | Pune, India, India | 1993 |
Panchshil
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Residential buildings are developed by Panchshil in Pune, India. | Pune, India, India | 2002 |
Ekta World
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Residential properties are developed by Ekta World in Mumbai, India. | Mumbai, India, India | 1987 |
Provident Housing
|
Residential properties are developed for aspirational home ownership. | Bengaluru, India, India | 2008 |
Alliance Infrastructure
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Residential real estate properties are developed by Alliance Infrastructure. | Chennai, India, India | 2004 |
VBHC
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Developer of residential real estate projects | Bengaluru, India, India | 2009 |
Arihant Superstructures
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Developer of residential and commercial real estate properties | Mumbai, India, India | 1999 |
Business Activity of Nila Spaces Limited
Nila Spaces Limited is engaged in the principal business activity of construction, with detailed activities including buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | ********* |
Auditor Details of Nila Spaces Limited
Nila Spaces Limited is audited by DhirubhaiShah&CoLLP (ICAI peer reviewed, certificate valid till 2028-11-30) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| DhirubhaiShah&CoLLP (ICAI peer reviewed, certificate valid till 2028-11-30) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Nila Spaces Limited
Nila Spaces Limited is currently managed by 7 directors, with 15 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajal Bhanukumar Mehta | Director | 19 Jul 2018 | 7 Years 11 Months | Current |
|
Prashant Himatbhai Sarkhedi
Also directs:
Bagmar Nila Projects (Udaipur) Llp, Bagmar Nila Projects (Jodhpur) Llp, Design Solutions Limited and 5 more
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Whole-Time Director | 12 Oct 2017 | 8 Years 8 Months | Current |
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Deep Shaileshbhai Vadodaria
Also directs:
Plouton Sanctum Private Limited, Nila Urban Living Private Limited, Nilsan Realty Llp and 5 more
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Whole-Time Director | 12 Oct 2017 | 8 Years 8 Months | Current |
| Shrinjay Joshi | Director | 10 Feb 2020 | 6 Years 4 Months | Current |
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Kruti Manan Shah
Also directs:
First Penguin Llp
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Director | 26 Aug 2023 | 2 Years 10 Months | Current |
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Anand Bholabhai Patel
Also directs:
Vdisha Buildway Llp, Awaas Sewa Private Limited
|
Director | 19 Jun 2018 | 8 Years 0 Months | Current |
Financials of Nila Spaces Limited FY 2026 filings available
Nila Spaces Limited reported revenue of ₹185.02 Cr (up 36.25% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹185.02 Cr | ₹135.8 Cr | ₹90.71 Cr | ₹1.01 Cr | ₹5.33 Cr | ₹45.12 Cr | ₹87.65 Cr |
| Other Income | ₹12.94 Cr | ₹8.58 Cr | ₹11.11 Cr | ₹2.42 Cr | ₹4.01 Cr | ₹3.34 Cr | ₹3.33 Cr |
| Total Income | ₹197.96 Cr | ₹144.38 Cr | ₹101.82 Cr | ₹3.43 Cr | ₹9.34 Cr | ₹48.47 Cr | ₹90.98 Cr |
| Cost of Materials Consumed | ₹163.87 Cr | ₹191.07 Cr | ₹59.51 Cr | ₹32.7 Cr | ₹14.27 Cr | ₹31.06 Cr | ₹87.38 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | -₹57.78 Cr | -₹104.56 Cr | ₹5.98 Cr | -₹31.95 Cr | -₹9.02 Cr | ₹5.15 Cr | -₹5.97 Cr |
| Employee Benefit Expense | ₹2.69 Cr | ₹2.33 Cr | ₹2.86 Cr | ₹1.24 Cr | ₹1.45 Cr | ₹1.43 Cr | ₹1.56 Cr |
| Finance Costs | ₹24.98 Cr | ₹16.08 Cr | ₹4.77 Cr | ₹44,000 | ₹26.54 Lakh | ₹4.27 Cr | ₹6.23 Cr |
| Depreciation & Amortisation | ₹5.46 Cr | ₹5.16 Cr | ₹1.22 Cr | ₹11.21 Lakh | ₹15.33 Lakh | ₹15.9 Lakh | ₹23.39 Lakh |
| Other Expenses | ₹18.84 Cr | ₹13.81 Cr | ₹11.37 Cr | ₹6.89 Cr | ₹1.54 Cr | ₹5.54 Cr | ₹2.03 Cr |
| Total Expenses | ₹158.07 Cr | ₹123.9 Cr | ₹85.71 Cr | ₹8.99 Cr | ₹8.65 Cr | ₹47.61 Cr | ₹91.47 Cr |
| Profit Before Exceptional Items & Tax | ₹39.89 Cr | ₹20.48 Cr | ₹16.11 Cr | -₹5.57 Cr | ₹68.69 Lakh | ₹85.96 Lakh | -₹49.14 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹39.89 Cr | ₹20.48 Cr | ₹16.11 Cr | -₹5.57 Cr | ₹68.69 Lakh | ₹85.96 Lakh | -₹49.14 Lakh |
| Total Tax Expense | ₹11.14 Cr | ₹5.8 Cr | ₹2.56 Cr | -₹1.55 Cr | ₹76.96 Lakh | ₹3.17 Cr | -₹2.75 Cr |
| Net Profit | ₹28.76 Cr | ₹14.67 Cr | ₹13.42 Cr | -₹4.06 Cr | -₹12.12 Lakh | -₹2.38 Cr | ₹2.06 Cr |
| attributable to Owners | ₹28.54 Cr | ₹14.73 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| attributable to NCI | ₹21.5 Lakh | -₹5.18 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Other Comprehensive Income | -₹4.94 Lakh | -₹3.18 Lakh | -₹2.39 Lakh | ₹1.2 Lakh | ₹1.65 Lakh | ₹2.39 Lakh | -₹1.68 Lakh |
| Total Comprehensive Income | ₹28.71 Cr | ₹14.64 Cr | ₹13.4 Cr | -₹4.05 Cr | -₹10.47 Lakh | -₹2.36 Cr | ₹2.04 Cr |
| EBITDA (computed) | ₹70.33 Cr | ₹41.73 Cr | ₹22.1 Cr | -₹5.45 Cr | ₹1.11 Cr | ₹5.29 Cr | ₹5.97 Cr |
| Basic EPS | ₹0.73 | ₹0.37 | ₹0.34 | ₹-0.10 | ₹0.00 | ₹-0.06 | ₹0.05 |
| Diluted EPS | ₹0.73 | ₹0.37 | ₹0.34 | ₹-0.10 | ₹0.00 | ₹-0.06 | ₹0.05 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹364.44 Cr | ₹311.12 Cr | ₹229.91 Cr | ₹181.51 Cr |
| Non-current Assets | ₹35.67 Cr | ₹30.46 Cr | ₹48.13 Cr | ₹18.33 Cr |
| Current Assets | ₹328.77 Cr | ₹280.66 Cr | ₹181.78 Cr | ₹163.18 Cr |
| Property, Plant & Equipment | ₹19.38 Cr | ₹21.72 Cr | ₹25.21 Cr | ₹23.68 Lakh |
| Inventories | ₹255.11 Cr | ₹197.34 Cr | ₹92.78 Cr | ₹98.76 Cr |
| Trade Receivables | ₹1.04 Cr | ₹1.04 Cr | ₹63.19 Lakh | ₹4.5 Lakh |
| Cash & Equivalents | ₹7.03 Cr | ₹9.4 Cr | ₹13.72 Cr | ₹11.62 Cr |
| Equity (Net Worth) | ₹170.93 Cr | ₹142.23 Cr | ₹127.58 Cr | ₹114.18 Cr |
| Equity Share Capital | ₹39.39 Cr | ₹39.39 Cr | ₹39.39 Cr | ₹39.39 Cr |
| Borrowings (Non-current) | ₹67.14 Cr | ₹12.64 Cr | ₹10.82 Lakh | ₹0 |
| Borrowings (Current) | ₹10.98 Cr | ₹8.96 Cr | ₹6.88 Lakh | ₹0 |
| Total Debt (computed) | ₹78.12 Cr | ₹21.6 Cr | ₹17.7 Lakh | ₹0 |
| Current Liabilities | ₹122.02 Cr | ₹152.26 Cr | ₹99.03 Cr | ₹62.46 Cr |
| Total Liabilities | ₹193.51 Cr | ₹168.89 Cr | ₹102.33 Cr | ₹67.33 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | -₹28.95 Cr | -₹40.47 Cr | ₹28.65 Cr | ₹13.18 Cr | -₹21.84 Cr |
| Investing Cash Flow | -₹4.78 Cr | ₹30.97 Cr | -₹22.86 Cr | -₹2.27 Cr | ₹32.13 Cr |
| Financing Cash Flow | ₹31.36 Cr | ₹5.18 Cr | -₹3.68 Cr | -₹44,000 | -₹9.93 Cr |
| Capital Expenditure | ₹3.07 Cr | ₹1.6 Cr | ₹26.11 Cr | ₹48.08 Lakh | ₹0 |
| Free Cash Flow (computed) | -₹32.02 Cr | -₹42.07 Cr | ₹2.54 Cr | ₹12.7 Cr | -₹21.84 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹2.37 Cr | -₹4.32 Cr | ₹2.1 Cr | ₹10.9 Cr | ₹37.09 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹49.8 Cr | ₹52.2 Cr | ₹42.18 Cr | ₹40.83 Cr | ₹39.76 Cr | ₹33.02 Cr | ₹31.91 Cr | ₹31.11 Cr | ₹32.29 Cr | ₹58.42 Cr | ₹0 | ₹0 |
| Other Income | ₹2.66 Cr | ₹3.31 Cr | ₹4.55 Cr | ₹2.43 Cr | ₹2.12 Cr | ₹2.05 Cr | ₹2.81 Cr | ₹1.61 Cr | ₹98.59 Lakh | ₹8.42 Cr | ₹98.3 Lakh | ₹72.35 Lakh |
| Total Income | ₹52.46 Cr | ₹55.51 Cr | ₹46.73 Cr | ₹43.26 Cr | ₹41.88 Cr | ₹35.07 Cr | ₹34.71 Cr | ₹32.72 Cr | ₹33.28 Cr | ₹66.84 Cr | ₹98.3 Lakh | ₹72.35 Lakh |
| Cost of Materials Consumed | ₹40.92 Cr | ₹45.85 Cr | ₹37.89 Cr | ₹39.2 Cr | ₹130.5 Cr | ₹22.57 Cr | ₹26.92 Cr | ₹11.08 Cr | ₹16.13 Cr | ₹17.2 Cr | ₹15.25 Cr | ₹10.93 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | -₹13.2 Cr | -₹16.48 Cr | -₹13.45 Cr | -₹14.65 Cr | -₹104.58 Cr | -₹4.05 Cr | -₹6.23 Cr | ₹10.3 Cr | ₹6.25 Cr | ₹25.92 Cr | -₹15.25 Cr | -₹10.93 Cr |
| Employee Benefit Expense | ₹84 Lakh | ₹68.2 Lakh | ₹65.04 Lakh | ₹52.09 Lakh | ₹43.5 Lakh | ₹48.25 Lakh | ₹88.37 Lakh | ₹53.1 Lakh | ₹64.82 Lakh | ₹1.63 Cr | ₹19.92 Lakh | ₹38.56 Lakh |
| Finance Costs | ₹6.67 Cr | ₹7.9 Cr | ₹5.33 Cr | ₹5.09 Cr | ₹4.59 Cr | ₹4.63 Cr | ₹3.85 Cr | ₹3.01 Cr | ₹2.47 Cr | ₹2.29 Cr | -₹82,000 | ₹1.4 Lakh |
| Depreciation & Amortisation | ₹1.38 Cr | ₹1.39 Cr | ₹1.36 Cr | ₹1.32 Cr | ₹1.31 Cr | ₹1.32 Cr | ₹1.3 Cr | ₹1.24 Cr | ₹1.09 Cr | ₹6.91 Lakh | ₹2.99 Lakh | ₹2.94 Lakh |
| Other Expenses | ₹3.84 Cr | ₹4.13 Cr | ₹7.21 Cr | ₹3.66 Cr | ₹3.29 Cr | ₹4.93 Cr | ₹2.67 Cr | ₹2.93 Cr | ₹3.43 Cr | ₹6.37 Cr | ₹92.92 Lakh | ₹64.18 Lakh |
| Total Expenses | ₹40.44 Cr | ₹43.48 Cr | ₹39 Cr | ₹35.15 Cr | ₹35.53 Cr | ₹29.87 Cr | ₹29.39 Cr | ₹29.1 Cr | ₹30.02 Cr | ₹53.47 Cr | ₹1.15 Cr | ₹1.07 Cr |
| Profit Before Exceptional Items & Tax | ₹12.02 Cr | ₹12.03 Cr | ₹7.74 Cr | ₹8.11 Cr | ₹6.34 Cr | ₹5.2 Cr | ₹5.32 Cr | ₹3.61 Cr | ₹3.25 Cr | ₹13.37 Cr | -₹16.71 Lakh | -₹34.73 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹12.02 Cr | ₹12.03 Cr | ₹7.74 Cr | ₹8.11 Cr | ₹6.34 Cr | ₹5.2 Cr | ₹5.32 Cr | ₹3.61 Cr | ₹3.25 Cr | ₹13.37 Cr | -₹16.71 Lakh | -₹34.73 Lakh |
| Total Tax Expense | ₹2.62 Cr | ₹3.85 Cr | ₹2.4 Cr | ₹2.26 Cr | ₹1.66 Cr | ₹1.45 Cr | ₹1.64 Cr | ₹1.06 Cr | ₹96.4 Lakh | ₹1.73 Cr | -₹3.9 Lakh | -₹10.18 Lakh |
| Net Profit | ₹9.4 Cr | ₹8.18 Cr | ₹5.34 Cr | ₹5.85 Cr | ₹4.69 Cr | ₹3.75 Cr | ₹3.68 Cr | ₹2.56 Cr | ₹2.18 Cr | ₹11.63 Cr | -₹13.92 Lakh | -₹24.9 Lakh |
| attributable to Owners | ₹9.2 Cr | ₹8.04 Cr | ₹5.46 Cr | ₹5.86 Cr | ₹4.72 Cr | ₹3.75 Cr | ₹3.7 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| attributable to NCI | ₹20.2 Lakh | ₹13.51 Lakh | -₹12.21 Lakh | -₹1.5 Lakh | -₹2.94 Lakh | -₹21,000 | -₹2.03 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Other Comprehensive Income | -₹2.57 Lakh | -₹79,000 | -₹79,000 | -₹79,000 | -₹1.38 Lakh | -₹60,000 | -₹60,000 | -₹60,000 | -₹3.28 Lakh | ₹30,000 | ₹30,000 | ₹30,000 |
| Total Comprehensive Income | ₹9.37 Cr | ₹8.17 Cr | ₹5.33 Cr | ₹5.84 Cr | ₹4.67 Cr | ₹3.74 Cr | ₹3.68 Cr | ₹2.55 Cr | ₹2.15 Cr | ₹11.64 Cr | -₹13.62 Lakh | -₹24.6 Lakh |
| EBITDA (computed) | ₹20.06 Cr | ₹21.32 Cr | ₹14.43 Cr | ₹14.52 Cr | ₹12.24 Cr | ₹11.15 Cr | ₹10.47 Cr | ₹7.87 Cr | ₹6.82 Cr | ₹15.73 Cr | -₹14.54 Lakh | -₹30.39 Lakh |
| Basic EPS | ₹0.24 | ₹0.20 | ₹0.14 | ₹0.15 | ₹0.12 | ₹0.10 | ₹0.09 | ₹0.06 | ₹0.06 | ₹0.30 | ₹0.00 | ₹-0.01 |
| Diluted EPS | ₹0.24 | ₹0.20 | ₹0.14 | ₹0.15 | ₹0.12 | ₹0.10 | ₹0.09 | ₹0.06 | ₹0.06 | ₹0.30 | ₹0.00 | ₹-0.01 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹162.71 Cr | ₹135.8 Cr | ₹90.71 Cr | ₹1.01 Cr | ₹5.33 Cr | ₹45.12 Cr | ₹87.65 Cr |
| Other Income | ₹12.64 Cr | ₹8.53 Cr | ₹4.33 Cr | ₹2.42 Cr | ₹5.39 Cr | ₹6.06 Cr | ₹6.16 Cr |
| Total Income | ₹175.35 Cr | ₹144.33 Cr | ₹95.04 Cr | ₹3.43 Cr | ₹10.72 Cr | ₹51.18 Cr | ₹93.81 Cr |
| Cost of Materials Consumed | ₹124.28 Cr | ₹96.77 Cr | ₹59.51 Cr | ₹32.7 Cr | ₹14.27 Cr | ₹31.06 Cr | ₹87.38 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | -₹31.43 Cr | -₹10.26 Cr | ₹5.98 Cr | -₹31.95 Cr | -₹9.02 Cr | ₹5.15 Cr | -₹5.97 Cr |
| Employee Benefit Expense | ₹2.63 Cr | ₹2.33 Cr | ₹2.86 Cr | ₹1.24 Cr | ₹1.45 Cr | ₹1.43 Cr | ₹1.56 Cr |
| Finance Costs | ₹24.12 Cr | ₹15.58 Cr | ₹4.77 Cr | ₹44,000 | ₹26.54 Lakh | ₹4.27 Cr | ₹6.23 Cr |
| Depreciation & Amortisation | ₹5.46 Cr | ₹5.16 Cr | ₹1.22 Cr | ₹11.21 Lakh | ₹15.33 Lakh | ₹15.9 Lakh | ₹23.39 Lakh |
| Other Expenses | ₹13.37 Cr | ₹13.55 Cr | ₹11.37 Cr | ₹6.89 Cr | ₹1.72 Cr | ₹5.54 Cr | ₹2.03 Cr |
| Total Expenses | ₹138.43 Cr | ₹123.13 Cr | ₹85.71 Cr | ₹9 Cr | ₹8.83 Cr | ₹47.61 Cr | ₹91.47 Cr |
| Profit Before Exceptional Items & Tax | ₹36.92 Cr | ₹21.2 Cr | ₹9.33 Cr | -₹5.57 Cr | ₹1.89 Cr | ₹3.58 Cr | ₹2.34 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹36.92 Cr | ₹21.2 Cr | ₹9.33 Cr | -₹5.57 Cr | ₹1.89 Cr | ₹3.58 Cr | ₹2.34 Cr |
| Total Tax Expense | ₹10.31 Cr | ₹6 Cr | ₹2.56 Cr | -₹1.55 Cr | ₹60 Lakh | ₹3.28 Cr | -₹2.69 Cr |
| Net Profit | ₹26.61 Cr | ₹15.2 Cr | ₹6.77 Cr | -₹4.02 Cr | ₹1.29 Cr | ₹29.26 Lakh | ₹5.03 Cr |
| Other Comprehensive Income | -₹4.94 Lakh | -₹3.18 Lakh | -₹2.39 Lakh | ₹1.2 Lakh | ₹1.65 Lakh | ₹2.39 Lakh | -₹1.68 Lakh |
| Total Comprehensive Income | ₹26.56 Cr | ₹15.17 Cr | ₹6.74 Cr | -₹4 Cr | ₹1.31 Cr | ₹31.65 Lakh | ₹5.01 Cr |
| EBITDA (computed) | ₹66.5 Cr | ₹41.94 Cr | ₹15.31 Cr | -₹5.45 Cr | ₹2.31 Cr | ₹8 Cr | ₹8.8 Cr |
| Basic EPS | ₹0.68 | ₹0.39 | ₹0.17 | ₹-0.10 | ₹0.03 | ₹0.01 | ₹0.13 |
| Diluted EPS | ₹0.68 | ₹0.39 | ₹0.17 | ₹-0.10 | ₹0.03 | ₹0.01 | ₹0.13 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹312.83 Cr | ₹290.56 Cr | ₹232.12 Cr | ₹190.38 Cr |
| Non-current Assets | ₹37.61 Cr | ₹32.52 Cr | ₹50.34 Cr | ₹27.2 Cr |
| Current Assets | ₹275.22 Cr | ₹258.04 Cr | ₹181.78 Cr | ₹163.18 Cr |
| Property, Plant & Equipment | ₹19.36 Cr | ₹21.72 Cr | ₹25.21 Cr | ₹23.68 Lakh |
| Inventories | ₹134.46 Cr | ₹103.04 Cr | ₹92.78 Cr | ₹98.76 Cr |
| Trade Receivables | ₹1.04 Cr | ₹1.04 Cr | ₹63.19 Lakh | ₹4.5 Lakh |
| Cash & Equivalents | ₹2.35 Cr | ₹9.37 Cr | ₹13.72 Cr | ₹11.62 Cr |
| Equity (Net Worth) | ₹171.52 Cr | ₹144.96 Cr | ₹129.79 Cr | ₹123.05 Cr |
| Equity Share Capital | ₹39.39 Cr | ₹39.39 Cr | ₹39.39 Cr | ₹39.39 Cr |
| Borrowings (Non-current) | ₹54.23 Cr | ₹3.32 Lakh | ₹10.82 Lakh | ₹0 |
| Borrowings (Current) | ₹92.92 Lakh | ₹7.5 Lakh | ₹6.88 Lakh | ₹0 |
| Total Debt (computed) | ₹55.16 Cr | ₹10.82 Lakh | ₹17.7 Lakh | ₹0 |
| Current Liabilities | ₹82.74 Cr | ₹141.38 Cr | ₹99.03 Cr | ₹62.46 Cr |
| Total Liabilities | ₹141.31 Cr | ₹145.6 Cr | ₹102.33 Cr | ₹67.33 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | -₹27.11 Cr | ₹52.9 Cr | ₹21.86 Cr | ₹13.18 Cr | -₹21.84 Cr |
| Investing Cash Flow | -₹10.66 Cr | -₹41.44 Cr | -₹16.08 Cr | -₹2.27 Cr | ₹32.13 Cr |
| Financing Cash Flow | ₹30.75 Cr | -₹15.81 Cr | -₹3.68 Cr | -₹44,000 | -₹9.93 Cr |
| Capital Expenditure | ₹3.05 Cr | ₹1.59 Cr | ₹26.11 Cr | ₹48.08 Lakh | ₹0 |
| Free Cash Flow (computed) | -₹30.16 Cr | ₹51.3 Cr | -₹4.24 Cr | ₹12.7 Cr | -₹21.84 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹7.03 Cr | -₹4.35 Cr | ₹2.1 Cr | ₹10.9 Cr | ₹37.09 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹38.93 Cr | ₹40.77 Cr | ₹42.18 Cr | ₹40.83 Cr | ₹39.76 Cr | ₹33.02 Cr | ₹31.91 Cr | ₹31.11 Cr | ₹32.29 Cr | ₹58.42 Cr | ₹0 | ₹0 |
| Other Income | ₹2.58 Cr | ₹3.24 Cr | ₹4.47 Cr | ₹2.35 Cr | ₹2.08 Cr | ₹2.05 Cr | ₹2.79 Cr | ₹1.61 Cr | ₹98.59 Lakh | ₹1.63 Cr | ₹98.3 Lakh | ₹72.35 Lakh |
| Total Income | ₹41.51 Cr | ₹44 Cr | ₹46.65 Cr | ₹43.18 Cr | ₹41.84 Cr | ₹35.07 Cr | ₹34.7 Cr | ₹32.72 Cr | ₹33.28 Cr | ₹60.06 Cr | ₹98.3 Lakh | ₹72.35 Lakh |
| Cost of Materials Consumed | ₹29.31 Cr | ₹30.38 Cr | ₹30.25 Cr | ₹34.34 Cr | ₹33.87 Cr | ₹25.27 Cr | ₹26.55 Cr | ₹11.08 Cr | ₹16.13 Cr | ₹17.2 Cr | ₹15.25 Cr | ₹10.93 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | -₹7.9 Cr | -₹7.94 Cr | -₹5.81 Cr | -₹9.78 Cr | -₹7.95 Cr | -₹6.75 Cr | -₹5.86 Cr | ₹10.3 Cr | ₹6.25 Cr | ₹25.92 Cr | -₹15.25 Cr | -₹10.93 Cr |
| Employee Benefit Expense | ₹79.03 Lakh | ₹66.99 Lakh | ₹64.85 Lakh | ₹51.93 Lakh | ₹43.2 Lakh | ₹48.25 Lakh | ₹88.37 Lakh | ₹53.1 Lakh | ₹64.82 Lakh | ₹1.63 Cr | ₹19.92 Lakh | ₹38.56 Lakh |
| Finance Costs | ₹6.47 Cr | ₹7.13 Cr | ₹5.66 Cr | ₹4.87 Cr | ₹4.08 Cr | ₹4.63 Cr | ₹3.85 Cr | ₹3.01 Cr | ₹2.47 Cr | ₹2.29 Cr | -₹82,000 | ₹1.4 Lakh |
| Depreciation & Amortisation | ₹1.38 Cr | ₹1.39 Cr | ₹1.36 Cr | ₹1.32 Cr | ₹1.31 Cr | ₹1.32 Cr | ₹1.3 Cr | ₹1.24 Cr | ₹1.09 Cr | ₹6.91 Lakh | ₹2.99 Lakh | ₹2.94 Lakh |
| Other Expenses | ₹2.17 Cr | ₹2.49 Cr | ₹5.12 Cr | ₹3.6 Cr | ₹3.27 Cr | ₹4.91 Cr | ₹2.45 Cr | ₹2.93 Cr | ₹3.43 Cr | ₹6.37 Cr | ₹92.92 Lakh | ₹64.18 Lakh |
| Total Expenses | ₹32.22 Cr | ₹34.12 Cr | ₹37.23 Cr | ₹34.86 Cr | ₹35.01 Cr | ₹29.85 Cr | ₹29.17 Cr | ₹29.1 Cr | ₹30.02 Cr | ₹53.47 Cr | ₹1.15 Cr | ₹1.07 Cr |
| Profit Before Exceptional Items & Tax | ₹9.29 Cr | ₹9.88 Cr | ₹9.43 Cr | ₹8.32 Cr | ₹6.84 Cr | ₹5.22 Cr | ₹5.52 Cr | ₹3.61 Cr | ₹3.25 Cr | ₹6.59 Cr | -₹16.71 Lakh | -₹34.73 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹9.29 Cr | ₹9.88 Cr | ₹9.43 Cr | ₹8.32 Cr | ₹6.84 Cr | ₹5.22 Cr | ₹5.52 Cr | ₹3.61 Cr | ₹3.25 Cr | ₹6.59 Cr | -₹16.71 Lakh | -₹34.73 Lakh |
| Total Tax Expense | ₹2.06 Cr | ₹3.06 Cr | ₹2.87 Cr | ₹2.33 Cr | ₹1.85 Cr | ₹1.45 Cr | ₹1.64 Cr | ₹1.06 Cr | ₹96.4 Lakh | ₹1.73 Cr | -₹3.9 Lakh | -₹10.18 Lakh |
| Net Profit | ₹7.23 Cr | ₹6.83 Cr | ₹6.56 Cr | ₹6 Cr | ₹4.98 Cr | ₹3.77 Cr | ₹3.89 Cr | ₹2.56 Cr | ₹2.29 Cr | ₹4.85 Cr | -₹12.81 Lakh | -₹24.55 Lakh |
| Other Comprehensive Income | -₹2.57 Lakh | -₹79,000 | -₹79,000 | -₹79,000 | -₹1.38 Lakh | -₹60,000 | -₹60,000 | -₹60,000 | -₹3.28 Lakh | ₹30,000 | ₹30,000 | ₹30,000 |
| Total Comprehensive Income | ₹7.2 Cr | ₹6.82 Cr | ₹6.55 Cr | ₹5.99 Cr | ₹4.97 Cr | ₹3.77 Cr | ₹3.88 Cr | ₹2.55 Cr | ₹2.26 Cr | ₹4.85 Cr | -₹12.51 Lakh | -₹24.25 Lakh |
| EBITDA (computed) | ₹17.14 Cr | ₹18.4 Cr | ₹16.45 Cr | ₹14.51 Cr | ₹12.23 Cr | ₹11.17 Cr | ₹10.67 Cr | ₹7.87 Cr | ₹6.82 Cr | ₹8.94 Cr | -₹14.54 Lakh | -₹30.39 Lakh |
| Basic EPS | ₹0.18 | ₹0.17 | ₹0.17 | ₹0.15 | ₹0.13 | ₹0.10 | ₹0.10 | ₹0.06 | ₹0.06 | ₹0.12 | ₹0.00 | ₹-0.01 |
| Diluted EPS | ₹0.18 | ₹0.17 | ₹0.17 | ₹0.15 | ₹0.13 | ₹0.10 | ₹0.10 | ₹0.06 | ₹0.06 | ₹0.12 | ₹0.00 | ₹-0.01 |
Board & Governance of Nila Spaces Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Nila Spaces Limited has 7 directors - 4 independent and 2 executive. The board is chaired by Deep Shaileshbhai Vadodaria.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| Deep Shaileshbhai Vadodaria | Executive Director · CEO-MD · Chairperson | 2017-10-12 | 2 |
| Prashant Himatbhai Sarkhedi | Executive Director | 2017-10-12 | 1 |
| Anand Bholabhai Patel | Non-Executive - Non Independent Director | 2018-06-19 | 1 |
| Rajal Bhanukumar Mehta | Non-Executive - Independent Director | 2018-07-19 | 1 |
| Shrinjay Shyamal Joshi | Non-Executive - Independent Director | 2020-02-10 | 1 |
| Amit Ranchhodlal Chokshi | Non-Executive - Independent Director | 2023-08-21 | 0 |
| Kruti Ashvin Shah | Non-Executive - Independent Director | 2023-08-26 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | Rajal Bhanukumar Mehta, Prashant Himatbhai Sarkhedi, Shrinjay Shyamal Joshi (Chairperson), Amit Ranchhodlal Chokshi (Chairperson) |
| Nomination and remuneration committee | Rajal Bhanukumar Mehta (Chairperson), Shrinjay Shyamal Joshi, Anand Bholabhai Patel |
| Stakeholders Relationship Committee | Rajal Bhanukumar Mehta, Prashant Himatbhai Sarkhedi, Shrinjay Shyamal Joshi (Chairperson), Amit Ranchhodlal Chokshi (Chairperson) |
| Corporate Social Responsibility Committee | Prashant Himatbhai Sarkhedi (Chairperson), Deep Shaileshbhai Vadodaria, Shrinjay Shyamal Joshi, Kruti Ashvin Shah |
Charges & Borrowings of Nila Spaces Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Aug 2025 | Others | ₹125 Cr | Open |
| 13 Aug 2025 | Others | ₹1.59 Cr | Open |
| 10 May 2023 | Hdfc Bank Limited | ₹23 Lakh | Open |
| 24 Aug 2023 | Others | ₹2 Cr | Satisfied |
| 18 Sep 2019 | Others | ₹45 Cr | Satisfied |
Total charge records: 6 View all charges
Employees and EPFO Compliance at Nila Spaces Limited
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Employee Count & EPFO Data of Nila Spaces Limited
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GST Compliance of Nila Spaces Limited
GSTIN & GST Filing Data of Nila Spaces Limited
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Credit Ratings, Litigation & Regulatory Alerts for Nila Spaces Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Nila Spaces Limited
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MSME Payment Delays by Nila Spaces Limited
MSME Payment Delays by Nila Spaces Limited
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Subsidiaries & Group Companies of Nila Spaces Limited
Subsidiaries & Group Companies of Nila Spaces Limited
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MCA Filings & Documents of Nila Spaces Limited
MCA Filings & Documents of Nila Spaces Limited
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Recent Activity on Nila Spaces Limited
Frequently Asked Questions about Nila Spaces Limited
Nila Spaces Limited is an active public limited company in the real estate and construction sector based in Ahmedabad, Gujarat, India. It was incorporated on 03 May 2000 (26+ years old) and is registered under CIN L45100GJ2000PLC083204. Listed on BSE: 542231 and NSE: NILASPACES. The company has 7 employees.
Nila Spaces Limited reported revenue of ₹144.38 Cr for FY 2025 (up 42.00% YoY).
The current directors of Nila Spaces Limited are:
The primary industry of Nila Spaces Limited is real estate and construction. The company specifically operates in real estate builders and developers. The company is currently active in this sector.
Yes. Nila Spaces Limited is listed on both BSE (code: 542231) and NSE (symbol: NILASPACES).
Nila Spaces Limited can be reached at the registered office: 1St Floor Sambhaav House Opp. Chief Justice Bunglow Bodakdev, Ahmedabad, Gujarat, India – 380015, or through the website nilaspaces.com.